Automobile Industry Analysis

US Import Volume of Tires from China Decreased by 10.8% in 2018Q1

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: 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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Automobile Energy & Chemicals Industry Analysis

Global Tubeless Tire Market

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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