Low rolling resistance tire

Low Rolling Resistance Tires Market to Record an Exponential CAGR of 10.8% Through 2028 - Future Market Insights

Retrieved on: 
Monday, March 18, 2019
Tires, Articles, Tire, Transport, Low rolling resistance tire, Mechanical engineering, Rolling resistance, Airless tire

The US$ 66 billion market for low rolling resistance tire is anticipated to expand at a prosperous CAGR of 10.8% during 2018-2028.

Key Points: 
  • The US$ 66 billion market for low rolling resistance tire is anticipated to expand at a prosperous CAGR of 10.8% during 2018-2028.
  • Since the tire replacement rate continues to be high, aftermarket is dominating over OEMs in terms of sales of low rolling resistance tires.
  • Low rolling resistance tires with wide band width will remain more preferred, accounting for almost 25% share of the total sales.
  • This and more such establishments are likely to drive the demand for low rolling resistance tires in the market, says the report.

Low Rolling Resistance Tires Market to Record an Exponential CAGR of 10.8% Through 2028 - Future Market Insights

Retrieved on: 
Monday, March 18, 2019
Tires, Articles, Tire, Transport, Low rolling resistance tire, Mechanical engineering, Rolling resistance, Airless tire

The US$ 66 billion market for low rolling resistance tire is anticipated to expand at a prosperous CAGR of 10.8% during 2018-2028.

Key Points: 
  • The US$ 66 billion market for low rolling resistance tire is anticipated to expand at a prosperous CAGR of 10.8% during 2018-2028.
  • Since the tire replacement rate continues to be high, aftermarket is dominating over OEMs in terms of sales of low rolling resistance tires.
  • Low rolling resistance tires with wide band width will remain more preferred, accounting for almost 25% share of the total sales.
  • This and more such establishments are likely to drive the demand for low rolling resistance tires in the market, says the report.

Goodyear Launches FUELMAX PERFORMANCE Fuel-efficient CO2-reducing Tyres and Showcases Tyre Management News

Retrieved on: 
Wednesday, September 19, 2018
Tires, Goodyear Tire and Rubber Company, U.S. Synthetic Rubber Program, Low rolling resistance tire, European Union law, Economy of the United States, Business, Tyre label, Economy

The combination of Goodyear Proactive Solutions and FUELMAX PERFORMANCE tyres are essential to optimise performance and further reduce total cost of ownership and emissions.

Key Points: 
  • The combination of Goodyear Proactive Solutions and FUELMAX PERFORMANCE tyres are essential to optimise performance and further reduce total cost of ownership and emissions.
  • FUELMAX PERFORMANCE tyres are developed for maximum fuel savings with low heat generation and low rolling resistance for dedicated long haul applications.
  • The Goodyear FUELMAX PERFORMANCE range comprises two FUELMAX S PERFORMANCE steer tyres and a FUELMAX D PERFORMANCE drive tyre.
  • The combination of FUELMAX PERFORMANCE steer and drive tyres with existing Goodyear FUELMAX T trailer tyres - also labeled 'A' in Fuel Efficiency - enables consistent fuel savings and CO2 reductions.

The green or low rolling resistance tires market is projected to reach USD 104.23 billion by 2022, at a CAGR of 10.7% from USD 62.68 billion in 2017

Retrieved on: 
Wednesday, May 9, 2018
Tires, Transport, Mechanics, Low rolling resistance tire, Mechanical engineering, Rolling resistance

The green or low rolling resistance tires market is projected to reach USD 104.23 billion by 2022, at a CAGR of 10.7% from USD 62.68 billion in 2017.

Key Points: 
  • The green or low rolling resistance tires market is projected to reach USD 104.23 billion by 2022, at a CAGR of 10.7% from USD 62.68 billion in 2017.
  • However, lack of awareness regarding the benefits of green tires restricts the growth of the green tires market in emerging economies.
  • The rising demand for green tires from the Asia Pacific region is a major factor driving the green tires market.
  • The increased demand for green tires for passenger cars is projected to fuel the growth of the green tires market in the region.

The tire material market is projected to grow at a CAGR of 4.3% from 2017 to 2022

Retrieved on: 
Thursday, April 26, 2018
Tires, Transport, Low rolling resistance tire, Rolling resistance, Mechanical engineering, Universe

LONDON, April 26, 2018 /PRNewswire/ -- The tire material market is projected to grow at a CAGR of 4.3% from 2017 to 2022.

Key Points: 
  • LONDON, April 26, 2018 /PRNewswire/ -- The tire material market is projected to grow at a CAGR of 4.3% from 2017 to 2022.
  • The global market size for tire material was USD 73.93 billion in 2017 and is projected to reach USD 91.23 billion by 2022, at a CAGR of 4.3% between 2017 and 2022.
  • The increasing sales of vehicles and demand for low rolling resistance tires are the most significant factors projected to drive the growth of the tire material market.
  • Based on type, the elastomers segment is expected to dominate the tire material market during the forecast period.