Tubeless Tyres are the tyres which have no inner tubes and the outer surface of the tubeless tyre makes an air tight sealing with metal rim. The tubeless tyres are made of tread, steel belt, and spiral layer, and they assist vehicles in different functions, such as supports vehicle load & breaking force to road surface, absorbs road shocks and maintains direction of travel. Tubeless Tires have many advantages such as fuel efficiency, less balance weight required, light weight, Stability, no wanted friction, safety and cost effective due to which they are the most attractive tyres in the tyre industries.
One of the major driver for the growth of tubeless tyre market is better efficiency and increased life of the vehicles provided by the tubeless tyres, however high cost associated with the tubeless tyre as compared to traditional tyre can be a restraint in the market. Enormous increase in the automotive industry worldwide will bolster the demand for tubeless tyres in the coming years.
The "Global Tubeless Tyre Market Analysis to 2025" is a specialized and in-depth study of the tubeless tyre industry with a focus on the global market trend. The report aims to provide an overview of global tubeless tyre market with detailed market segmentation by type, vehicle types, rim size and geography. The global tubeless tyre market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading market players and offers key trends and opportunities in the market.
Also, key tubeless tyre market players influencing the market are profiled in the study along with their SWOT analysis and market strategies. The report also focuses on leading industry players with information such as company profiles, products and services offered, financial information of last 3 years, key development in past five years. Some of the key players influencing the market are Bridgestone Corporation, The Goodyear Tyre and Rubber Company, Continental AG, MICHELIN, Pirelli Tyre S.P.A, Sumitomo Rubber Industries Ltd., Hankook Tire Co. Ltd., Toyo Tire and Rubber Co. Ltd., Yokohama Tire Corporation and CEAT Ltd.