90 likes | 107 Views
Inclination toward adventurous sporting has increased the demand for better and efficient ATVs and UTVs, which eventually supplements the growth of the ATV-UTV tire market across the globe.
E N D
ATV-UTV Tire Market is Expected to Reach $698.1Million By 2026
ATV-UTV Tire Market by Component Global ATV-UTV tires are the special type of tires that are intended to provide a better and efficient driving experience. These types of tires are designed in such a way that they push the mud away from vehicles causing it to move at a suitable speed, maintaining traction at the same time. Inclination toward adventurous sporting has increased the demand for better and efficient ATVs and UTVs, which eventually supplements the growth of the ATV-UTV tire market across the globe. Numerous products have been launched by different companies such as TOYO Tires for the introduction of SxS tires, followed by partnerships made by different companies, which fuels the ATV-UTV tire industry. In addition, governments across the globe have made certain regulations for the use of ATVs to carry out small tasks, which also acts as a factor for the ATV-UTV tire market growth. Browse Complete Report
ATV-UTV Tire Market by Component Global ATV-UTV tires are available, which include racing tires, sand tires, mud tires, and all terrain tires, with a wide application in agriculture, military operations, mountaineering, and other activities. The rise in trend of adventure sports & recreational activities, adoption of ATV and UTV in military activities, and government rules to support driving ATVs and UTVs on roads propel the growth of the market. Moreover, factors such as growth in the retreading tires market, followed by volatile prices of raw materials are the factors that hamper the growth of the market across the globe. However, anticipated rise in the automobile sector along with production of safer ATVs and UTVs propel the growth of ATV-UTV tire market. REQUEST SAMPLE
ATV-UTV Tire Market by Component Global Since, it is manufactured from rubber, it also provides a flexible cushion, thereby reducing the impact of vibrations and absorbing any shock for the vehicle. With the increased trend toward adventurous sporting across the globe, demand for better, efficient, and long-lasting tires has increased, which supplements the growth of the ATV-UTV tire market across the globe.
ATV-UTV Tire Market by Component Global Key Benefits • By type, the all-terrain tire segment generated the highest revenue in 2018. • By industry vertical, the mountaineering segment was the highest revenue contributor in 2018 and is expected to maintain the lead during the forecast period. • By application, the ATV vehicle is anticipated to exhibit the highest CAGR during the forecast period. • By region, North America contributed the highest ATV-UTV tire market revenue in 2018, followed by Asia-Pacific, Europe, and LAMEA. Connect Analyst
ATV-UTV Tire Market by Component Global ATV-UTV Tire Market Key Segments: By Region •North America • • • •Europe • • • • • •Asia-Pacific • • • • • •LAMEA • • • U.S. Canada Mexico UK Germany France Russia Rest of Europe China Japan India Australia Rest of Asia-Pacific Latin America Middle East Africa
ATV-UTV Tire Market by Component Global Segment Overview ATV-UTV tires are special type of tires, which are designed to operate effectively and efficiently in special conditions such as mountaineering and military operations. ATV-UTV tires are fitted across the rim of a wheel to transfer load of a vehicle from axle to the ground. They are made of high-performance rubber that consists of tread, joint less cap piles, beads, and other materials; such as synthetic rubber, carbon black, and fabric, which are responsible for effective working of vehicles. The major function of tires is to protect wheel rim and offer tractive force between the road surface and vehicle.
ATV-UTV Tire Market by Component Global Key players profiled in the report include BRIDGESTONE GROUP Kenda Tires Titan International, Inc Maxxis International TOYO TIRE U.S.A (a subsidiary of Toyo Tire Corporation), Duro Tire & Wheel Corp Sedona Tire and Wheel Michelin CARLISLE (subsidiary of The Carlstar Group, Llc) The Goodyear Tire & Rubber Company
ATV-UTV Tire Market by Component Global Contact: Toll Free (USA/Canada): +1-800-792-5285, +1-503-894-6022, +1-503-446- 1141 UK: +44-845-528-1300 Hong Kong: +852-301-84916 India (Pune): +91-20-66346060 Fax: +1⟨855⟩550-5975 help@alliedmarketresearch.com Web: https://www.alliedmarketresearch.com Purchase enquiry ttps://www.alliedmarketresearch.com/purchase-enquiry/2095