DUBLIN--(BUSINESS WIRE)--Research and Markets (http://www.researchandmarkets.com/research/j2jg9g/world_pneumatic) has announced the addition of the "World Pneumatic Tire Market - Opportunities and Forecasts, 2014 - 2020" report to their offering.
The replacement segment accounted for the maximum revenue share in the pneumatic tire market evaluated at $143.7 billion in 2014. This segment is expected to dominate the market during the forecast period (2015-2020).
The market is segmented based on the type of sale, vehicle type, product type and geography. Based on the type of sale, the market is further segmented into OEM (original equipment manufacturer) and replacement.
Tires are basically categorized into radial and cross-ply tires, with radial holding around 68% of the total market share by value. Based on the vehicle type, the market is segmented into two wheelers, four wheelers, aircrafts and others (industrial and agricultural vehicles). Presently, four wheelers tire segment is the highest revenue-generating category and is expected to maintain its dominant position throughout the analysis period. The key geographic regions covered in the report include North America, Europe, APAC and LAMEA.
Several companies manufacture novel tires with outstanding tractions and better grip properties suitable for all surface types. The pneumatic radial tire ContiRT20, a new product by Continental AG, provides exceptional stability during the lifting and transport of load in vehicles. Bridgestone offers an 8 inch diameter tires, particularly for use in industrial vehicles.
The prominent players in this market are Michelin, Continental AG, Bridgestone Corporation, Cooper Tire & Rubber Company, The Goodyear Tire and Rubber Company, Hankook Tire Co. Ltd., The Yokohama Rubber Co. Ltd., Sumitomo Rubber Industries Ltd., Pirelli & C.S.p.A, Kumho Tire USA., Inc.
Key Topics Covered:
Chapter 1: Introduction
Chapter 2: Executive Summary
Chapter 3: Market Overview
Chapter 4: Global Pneumatic Tires Market By Type Of Sale
Chapter 5: Global Pneumatic Tires Market By Vehicle Type
Chapter 6: Global Pneumatic Tire Market By Product Type
Chapter 7: Global Pneumatic Tire Market By Geography
Chapter 8: Company Profiles
- Bridgestone Corporation
- Continental AG
- Cooper Tire & Rubber Company
- Hankook Tire Co. Ltd.
- Kumho Tire Co., Inc.
- Pirelli & C.S.p.A
- Sumitomo Rubber Industries Ltd.
- The Goodyear Tire and Rubber Company
- The Yokohama Rubber Co. Ltd.
For more information visit http://www.researchandmarkets.com/research/j2jg9g/world_pneumatic