Global TBR Tire Market Research Report 2021

A radial tire or a radial-ply tire is a specific type of vehicle tire where the cord plies are designed radially or at right angles to the direct of travel from the center of the tire. These tires are widely adopted in the two-wheelers and also in the passenger cars. However, the adoption of radial tires is increasing rapidly in other countries and is gaining momentum in India. The radial tires have better life, and better ride quality and fuel efficiency thereby making them a popular choice among end-users.
The main trend witnessed by the TBR Tire market in India is the immense investments by local as well as global players in the country. The increased adoption of radial tires in trucks and buses, especially by the OEMs, has led to increased demand for TBR tires in the country. The main factor that is driving the demand in the TBR Tire market is the improved durability of the tires and the improved safety facilitated by them. Radial tires generate less heat compared to BIAS tires and, hence, last longer. These tires also tend to have fewer punctures over time and, hence, are highly durable.

Market Analysis and Insights: Global TBR Tire Market
The global TBR Tire market was valued at US$ XX million in 2019 and it is expected to reach US$ XX million by the end of 2026, growing at a CAGR of XX% during 2021-2026.

Global TBR Tire Market: Drivers and Restrains
The research report has incorporated the analysis of different factors that augment the market’s growth. It constitutes trends, restraints, and drivers that transform the market in either a positive or negative manner. This section also provides the scope of different segments and applications that can potentially influence the market in the future. The detailed information is based on current trends and historic milestones. This section also provides an analysis of the volume of production about the global market and about each type from 2016 to 2027. This section mentions the volume of production by region from 2016 to 2027. Pricing analysis is included in the report according to each type from the year 2016 to 2027, manufacturer from 2016 to 2021, region from 2016 to 2021, and global price from 2016 to 2027.
A thorough evaluation of the restrains included in the report portrays the contrast to drivers and gives room for strategic planning. Factors that overshadow the market growth are pivotal as they can be understood to devise different bends for getting hold of the lucrative opportunities that are present in the ever-growing market. Additionally, insights into market expert’s opinions have been taken to understand the market better.

Global TBR Tire Market: Segment Analysis
The research report includes specific segments by region (country), by manufacturers, by Type and by Application. Each type provides information about the production during the forecast period of 2016 to 2027. by Application segment also provides consumption during the forecast period of 2016 to 2027. Understanding the segments helps in identifying the importance of different factors that aid the market growth.

Segment by Type
Rim Diameter (Below 20 inch)
Rim Diameter (20 to 45 inch)
Rim Diameter (45 to 65 inch)
Others

Segment by Application
Trucks
Bus
Others

By Company
Bridgestone
Michelin
Goodyear
Continental
Pirelli
Hankook
Maxxis

Production by Region
North America
Europe
China
Japan
South Korea
India

Consumption by Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Indonesia
Thailand
Malaysia
Philippines
Vietnam
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
U.A.E