A survey by CRI demonstrates that enterprises such as Sailun Jinyu Co., Ltd., Linglong Group, Zhongce Rubber Co., Ltd. and Double Coin Holdings Ltd. have established tire plants in Thailand, Vietnam, etc.
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In Mar. 2018, the US import volume of tires reached 19.02 million, decreasing by 8.9% over the previous year and increasing by 2.7% over the previous month. Among them, passenger tires were 11.83 million, falling by 10% YOY and increasing by 6.3% MOM. Tires of trucks and passenger vehicles were 3.44 million, with an increment of 0.4% over the previous year and 8.5% over the previous month. Related report: https://www.cri-report.com/automotive-components-tire/508-2032-research-report-on-automobile-tire-industry-in-china-2018-2022.html In March, the US imported tires from China reached 3.78 million, dropping by 10.8% YOY and 10% MOM. Among them,…
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Globally, the market for Tubeless Tire is growing at a CAGR of 7.15% during the forecast period (2017-2023). The tubeless tire also known as inflated tires, does not require any inner tube inside the tire. It consists of a molded rim, through which air is inserted inside the tire to seal the projections of the wheel rim. The tradition tires had a tube inserted into the wheel, which is not sustainable for a longer time. Tubeless tires are sustainable for longer period, due to which it is safer than tube…
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