Market Overview

Global Automotive Retreaded Tires Market 2018-2022 | Development of Advanced Tire Retreading Process and Technologies to Promote Growth | Technavio

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The global automotive retreaded tires market is expected to generate a
revenue of USD 7.71 billion by 2022, according to the latest market
research report by Technavio.
However, the growth momentum of the market is expected to decelerate due
to a decline in the year-over-year growth.

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Technavio has published a new market research report on the global automotive retreaded tires market ...

Technavio has published a new market research report on the global automotive retreaded tires market from 2018-2022. (Graphic: Business Wire)

A key factor driving the growth of the market is the cost advantages of
retreaded tires. The global automotive retreaded tires market is growing
owing to numerous advantages associated with the use of such tires.
These advantages are both functional and cost-related, and therefore
they find high adoption in commercial vehicles, especially HCVs.

This market research report on the global
automotive retreaded tires market 2018-2022
also provides an
analysis of the most important trends expected to impact the market
outlook during the forecast period. Technavio classifies an emerging
trend as a major factor that has the potential to significantly impact
the market and contribute to its growth or decline.

This report is available at a USD 1,000 discount for a limited time
only:
View
market snapshot before purchasing

In this report, Technavio highlights the development of advanced tire
retreading process and technologies as one of the key emerging trends in
the global automotive retreaded tires market:

Global automotive retreaded tires market:
Development of advanced tire retreading process and technologies

Retreaded tires are increasingly finding penetration in the commercial
vehicle market, and the improved retread designs are helping to drive
the growth momentum of the market. The combination of advanced
retreading technologies, processes, and government regulations are
driving major challenges in the global automotive retreaded tires market.

"The conventional tire retreading technology involves buffing the
worn-out tire to remove the old tread, and then applying solvent-based
cement on the tire surface to fix new retread. This solvent-based cement
involves volatile organic compounds that present various environmental
and health hazards,"
says a senior market research analyst at
Technavio.

Global automotive retreaded tires market:
Segmentation analysis

This market research report segments the global automotive retreaded
tires market by geographical regions (APAC, EMEA, and the Americas).

The Americas led the market in 2017 with a market share of nearly 45%.
This region is expected to dominate the market through 2022, however,
there will be a decrease in its market share of nearly 5%.

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Some of the key topics covered in the report include:

Market Landscape

  • Market ecosystem
  • Market characteristics
  • Market segmentation analysis

Market Sizing

  • Market definition
  • Market size and forecast

Five Forces Analysis

Market Segmentation

Geographical Segmentation

  • Regional comparison
  • Key leading countries

Market Drivers

Market Challenges

Market Trends

Vendor Landscape

  • Vendors covered
  • Vendor classification
  • Market positioning of vendors
  • Competitive scenario

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