Report forecast the port and industrial tire in
APAC to grow at a CAGR of 8.25% during the period 2016-2020.
Port and industrial tires are designed for use in
port handling equipment and airport ground handling equipment. These tires fall
under the tire market segment called off-the-road (OTR) tires. The OTR tires
can be segmented based on end-users, or the industries that use them, which
include mining, construction, seaports, and airports among others.
The OTR tires designed for use by seaport handling
and airport handling equipment are based on the conventional type of tires;
however, they are specially designed and manufactured to suit the seaport and
airport equipment handling demands, keeping in view specific load handling
requirements and environmental factors.
Some of the tire types are:
- Radial tires
- Super elastic tires
- Treadless tires
- Cross ply tires
The report covers the present scenario and the
growth prospects of the port and industrial tire market in Asia Pacific (APAC)
for 2016-2020. The market has been calculated on the basis of production by
OEMs and deliveries to ports.
The market is divided into the following
segments based on application:
- Port handling equipment
- Airport ground support equipment
According to the report, higher demand for quality
products stemming from growing containerization and maintenance of fleet are
boosting the revenues generated in the replacement tire market. Tire dealers
that can source specialty tires designed for the port and industrial market
have an advantage of being situated in APAC. The region also accounts for the
highest number of large container ports, and so dealers of port and industrial
tires have huge growth opportunities.
Further, the report states that vehicles that can
use on-the-road purpose tires may hamper the growth of the market for tires
dedicated for port equipment.
Port and Industrial Tire Market in Asia Pacific
2016-2020, has been prepared based on an in-depth market analysis with
inputs from industry experts. The report covers the market landscape and its
growth prospects over the coming years. The report also includes a discussion
of the key vendors operating in this market.
key players in the Port and Industrial Tire Market
in Asia Pacific: ATG, Balkrishna Industries, Continental Tires, Michelin and
Nokian.
Other Prominent Vendors in the market are: Armour,
ATG, Bridgestone, Camso, Cheng Shin Rubber, Cooper Tire & Rubber, Goodyear
Tire & Rubber, Rovince Tire, Toyo Tires and Yokohama Rubber.
Market driver
- Maintenance and replacement
- For a full, detailed list, view our report
Market challenge
- Use of on-road tires in port equipment
- For a full, detailed list, view our report
Market trend
- Technological advances in enhancing durability of tires
- For a full, detailed list, view our report
Key questions answered in this report
- What will the market size be in 2020 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?
Spanning over 80 pages and 42 Exhibit “Port
and Industrial Tire Market in Asia-Pacific 2016 - 2020” report covers Executive
summary, Scope of the report, Market research methodology, Introduction, Market
Overview, Market Landscape, Market segmentation
by application, Market segmentation by vehicle type, Market drivers,
Impact of drivers, Market challenges, Impact of drivers and challenges, Market
trends, Vendor landscape, Key vendor analysis, Appendix.
For
more information Visit at: http://mrr.cm/oty
Find all Tyres report at : http://www.marketresearchreports.com/tyres
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