Bias tires consist of multiple rubber plies overlapping each other. The growing mining activities across the globe, coupled with the increasing farm mechanization is a rising demand for agriculture equipment, which driving the growth of the bias tires market. Further, the rise in urbanization has boosted the number of vehicles on the streets and the rapidly growing demand for passenger cars and commercial vehicles is also influencing the demand for the bias tires market.
MARKET DYNAMICS
Growing construction activities in emerging countries such as China, India, Japan, and among others are rising demand for construction equipment such as loaders, excavators, heavy trucks, telehandlers, etc. are positively impact the growth of the bias tire market during the forecast period. Moreover, the growing adoption of industrial vehicles and periodic replacement of the tires are expected to accelerate the growth of the bias tires market.
MARKET SCOPE
The "Global Bias Tire Market Analysis to 2028" is a specialized and in-depth study of the bias tire industry with a special focus on the global market trend analysis. The report aims to provide an overview bias tire market with detailed market segmentation as type, tire size, sales channel, vehicle type, and geography. The global bias tire market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading bias tire market players and offers key trends and opportunities in the bias tire market.
MARKET SEGMENTATION
The global bias tire market is segmented on the basis of type, tire size, sales channel, vehicle type. On the basis of type the market is segmented as general bias tire, bias belted tire. On the basis of tire size the market is segmented as below 22??, 23-50??, above 50??. On the basis of sales channel the market is segmented as OEM, aftermarket. On the basis of vehicle type the market is segmented as below passenger cars, commercial vehicles, construction and mining vehicles, agriculture tractors, industrial vehicles.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the global bias tire market based on various segments. It also provides market size and forecast estimates from year 2020 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The bias tire market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 18 countries globally along with current trend and opportunities prevailing in the region.
The report analyzes factors affecting bias tire market from both demand and supply side and further evaluates market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South America after evaluating political, economic, social and technological factors effecting the bias tire market in these regions.
MARKET PLAYERS
The reports cover key developments in the bias tire market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for expansion of business and customer base of market players. The market players from Bias tire market are anticipated to lucrative growth opportunities in the future with the rising demand for bias tire in the global market. Below mentioned is the list of few companies engaged in the bias tire market.
The report also includes the profiles of key bias tire companies along with their SWOT analysis and market strategies. In addition, the report focuses on leading industry players with information such as company profiles, components and services offered, financial information of last 3 years, key development in past five years.
- Bridgestone Corporation
- Continental AG
- Cooper Tire & Rubber Company
- Hankook Tire & Technology Co. Ltd.
- Michelin
- Pirelli & C S.p.A.
- Sumitomo Rubber Industries, Ltd.
- The Goodyear Tire & Rubber Company
- Toyo Tire Corporation
- YOKOHAMA Rubber CO. Ltd.
The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.