ADVERTISEMENT
Press release content from Business Wire. The AP news staff was not involved in its creation.
PRESS RELEASE: Paid content from Business Wire
Press release content from Business Wire. The AP news staff was not involved in its creation.

Global Automotive Tyres and Wheels Market Overview and Forecast to 2036 - ResearchAndMarkets.com

August 30, 2021 GMT

DUBLIN--(BUSINESS WIRE)--Aug 30, 2021--

The “Automotive Tyres and Wheels - Global Sector Overview and Forecast to 2036 (Q2 2021 Update)” report has been added to ResearchAndMarkets.com’s offering.

There are many factors shaping the global tyre market. Over the last 20 years, the popularity of sport utility vehicles, minivans and crossover vehicles has steadily increased, prompting manufacturers to redesign their tyres.

Indeed, the increasing segmentation of the car market has led directly to a more complex tyre market. In response, manufacturers have focused on ways in which to improve tyre dimensions, weight, rolling resistance, noise and fuel efficiency. Social environmental awareness and advances in tyre technology will also play an increasingly important role in the definition of tomorrow’s tyres.

ADVERTISEMENT

Perhaps the most dramatic innovation in tyre technology over the past decade or so has been the development of the run-flat tyre. Run-flat tyres are specially constructed enabling them to be driven on in the event of loss of air pressure. It means the driver can either drive home or to a garage to fix the tyre.

With automakers under pressure to produce more fuel-efficient cars, it is hardly surprising to see them eliminating the spare wheel, thereby shedding up to 30 pounds in one stroke. Indeed, a number of automakers now supply a tyre sealant and tyre-inflator pack instead of a full-size or temporary spare wheel (or ‘limited use’ spare tyre, also known as space-saver or compact spare tyre.).

Over the past 100 hundred years or so, road wheels have been made from a variety of materials including wood, steel (casting, sheet or wire), aluminium (casting, forging or sheet), magnesium, composites and a combination of the above.

With the growing emphasis on fuel economy and the need to reduce vehicle weight, automakers turned to alloy wheels. Hurt by the loss, steelmakers enlisted the help of wheel manufacturers and automakers to launch a campaign to create new wheel styling and explore the use of new steels. Using bright materials like stainless steel that attach predominantly to the wheel and modifying disc and rim designs to enhance styling, wheel makers managed to satisfy consumers’ desire for a decorative styled wheel

Scope

ADVERTISEMENT

  • For the top 14* markets it provides market size data and a 15-year forecast for:
  • Automotive Original Equipment (OE) Tyres.
  • Automotive OE Aluminium and Steel Wheel market.
  • A review of the latest technological developments and market trends for:
  • Car Tyres including Green Tyre Technology, Non-Rubber Materials, Inner Liners, Airless Tyres, Quieter Tyres, Energy Efficiency, Aerodynamics, Run-Flat Tech, Sealant Systems, Labelling, TPMS.
  • Wheels Including Surface Treatments, Forging, Lightweighting, Trims and Thermoplastics.
  • Regional supplier market share data tables and commentary.
  • Exclusive interviews with OE suppliers.
  • Updated profiles of the major automotive tyre and wheel suppliers including their strategies and prospects.

Key Topics Covered:

1. PESTER Analysis

  • Political
  • Economic
  • Social
  • Technological
  • Environmental
  • Regulatory

2. Companies

  • Tyre companies
  • Organisational structure
  • Joint ventures and alliances
  • Capital investments
  • Acquisitions
  • New business and products
  • Finland
  • Mexico
  • Wheel companies

3. Forecasts

  • Tyres
  • Forecasts
  • Run-flat tyres
  • Spare wheels
  • Wheels

4. Markets

  • Markets - tyres
  • Markets - wheels

5. Technologies

  • Technologies - tyres
  • Technologies - wheels

6. Appendix

Companies Mentioned

  • Enkei
  • Otto Fuchs
  • Sibur Russian Tyres
  • Magnetto
  • Mefro
  • Uniwheels
  • Bendix CVS
  • Giti Tyre
  • Maxxis Tires
  • Nexen Tire
  • Nokian Tyres plc
  • Ford Motor Company
  • Nissan Motor Company, Ltd.
  • Accuride Corporation
  • Robert Bosch GmbH
  • Continental AG
  • Alcoa, Inc
  • Apollo Tyres Ltd
  • Bridgestone Corporation
  • Cooper Tire & Rubber Co
  • Yokohama Tire Corporation
  • Dana Incorporated
  • Borbet GmbH
  • Trelleborg AB
  • NXP Semiconductors
  • GKN Plc
  • Goodyear Tire & Rubber Company
  • Hankook Tire Co., Ltd.
  • Maxion Wheels
  • Toyo Tire and Rubber Co, Ltd
  • Topy Industries Ltd.
  • Iochpe-Maxion S.A.
  • Sumitomo Corporation
  • Superior Industries International Inc.
  • Kumho Tire Co., Ltd.
  • Michelin
  • Pirelli & C. S.p.A.
  • Lanxess
  • Steel Strips Wheels Limited

For more information about this report visit https://www.researchandmarkets.com/r/zdsmxe

View source version on businesswire.com:https://www.businesswire.com/news/home/20210830005430/en/

CONTACT: ResearchAndMarkets.com

Laura Wood, Senior Press Manager

press@researchandmarkets.com

For E.S.T Office Hours Call 1-917-300-0470

For U.S./CAN Toll Free Call 1-800-526-8630

For GMT Office Hours Call +353-1-416-8900

KEYWORD:

INDUSTRY KEYWORD: AUTOMOTIVE TIRES & RUBBER

SOURCE: Research and Markets

Copyright Business Wire 2021.

PUB: 08/30/2021 10:55 AM/DISC: 08/30/2021 10:55 AM

http://www.businesswire.com/news/home/20210830005430/en