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The pneumatic tires market is anticipated to grow at a CAGR 6.7% during the forecast period. Pneumatic tires are largely used in the automobile industry owing to enhanced performance features in terms of fuel economy, good traction and efficiency. Moreover, the rapid increase in disposable income of consumers and changing lifestyles are anticipated to drive the growth of the pneumatic tires market during the forecast period. The pneumatic tires market have witnessed significant growth owing to the considerable rise in demand from industrial and agriculture vehicles. However, the increasing adoption of non-pneumatic tire and variation of raw material cost is the factor hampering the growth of the pneumatic market.
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Orion Market Research Global Pneumatic Tires Market:Industry Growth, Size, Share and Forecast 2019-2025 Request a Free Report on Sample of Global Pneumatic Tires Market @ https://www.omrglobal.com/request- sample/pneumatic-tires-market ------------------------------------------------------------------------------------ Company Name: Orion Market Research Contact Person: Mr. Anurag Tiwari Email: info@omrglobal.com Contact no: +1 646-755-7667, +91 780304040
The global pneumatics tires market is expected to showcase a considerable growth rate during the forecast period. Pneumatics tires are popular wheel option applications in industrial vehicles. Pneumatics tires known as wheels along with a metal hub with a rubber tire mounted to it and instead of being solid in nature, the tire is filled with air to the desired pressure level to produce the deflection features and appropriate load. There are many benefits to using these types of wheelsin industrial caster applications. The main characteristics are the ability to absorb the shock load from impacts. A full Report of Global Pneumatic Tires Market is Available at: https://www.omrglobal.com/industry- reports/pneumatic-tires-market The various benefits of pneumatics tires that include excellent shock absorption, utilized for on-pavement, improving working conditions by reducing noise and won’t damage the flooring. Therefore, due to such benefits, the growth of pneumatic tires is growing. They offer comfort on all surfaces and thus provides the protection of people, material and good in transporting and lifting tasks. The tire's advantages are good riding properties, effortless handling, and good traction capability. Pneumatic tires are recommended for forklift trucks, industrial tractors, heavy load transport vehicles, and airport vehicles. These tires consist of two construction types such as radial tires and cross-ply tires. Request a Free Report on Sample of Global Pneumatic Tires Market @ https://www.omrglobal.com/request- sample/pneumatic-tires-market The popularity of the pneumatics tires is increasing as it witnessing advances over conventional tires that result in affecting the growth of the pneumatic tires market. The industrial and agriculture tires are mainly made heavy tires which are used for agriculture and industrial purpose. These rubber tires have properties of shock- absorbing and ensure smooth locomotion. There are agriculture tires for different vehicles that are used for agriculture purposes that include farm tractor, backhoe, grain carts, pivots, implements, antique tractors, farm wagon, loader, combines, and forklift. The agriculture tires are used for a large variety of services such as municipal machines, snow groomers, terrain vehicles, mowing, and gardening. Current Market Trends Covered in the Market Report Shock damping properties of an automotive pneumatics tire improve vehicle comfort. OEM (Original Equipment Manufacturers) offers better tires that offer better traction control while driving. Global Pneumatic Tires Market- Segmentation By Product Radial Cross-ply
By Vehicle Type Two-wheelers Four-wheelers Aircraft Other Global Pneumatic Tires Market – Segment by Region North America US Canada Europe Germany UK France Spain Italy Rest of Europe Asia-Pacific China Japan India Rest of Asia-Pacific Rest of the World Latin America Middle East Africa Need Assistance Company Profiles Apollo Tyres, Ltd. Continental AG Dunlop Tires (A Part of the Goodyear family)
Hankook Tire America Corp. Kumho Tire USA., Inc Maxam Tire International, Ltd. Millennium Tire Mitas (A Part of the Trelleborg group) Petlas Pirelli &C.S.p.A Sumitomo Rubber Industries, Ltd. The Goodyear Tire and Rubber Co. The Michelin Group The Yokohama Rubber Co. Ltd. TOKAI Solid Tire (Mouldmate Co. Ltd.) Trelleborg AB For More Customized Data, Request for Report Customization @ https://www.omrglobal.com/report- customization/pneumatic-tires-market About Orion Market Research Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research based services. For More Information, Visit Orion Market Research Media Contact: Company Name: Orion Market Research Contact Person: Mr. Anurag Tiwari Email: info@omrglobal.com Contact no: +1 646-755-7667, +91 780-304-0404