Apr 28 2017 by Conki of QYResearch
Consultant Company QYR keeps tracking tire industry for long time. Recently, Run-flat Tire Market Research Report 2017 has been updated.
The global Run-flat tires market is relatively concentrated as the manufacturing technology of Run-flat tires is relatively higher than some light tires. Some enterprises are well-known for the wonderful performance of their Run-flat tires and related services. The global leading players Michelin, Bridgestone and Goodyear are remarkable in the global Run-flat tires industry because of their market share and technology status of Run-flat tires.
The consumption volume of Run-flat tires is related to downstream industries and global economy. There are many manufactures in this field. The global consumption volume of run-flat tires will increase from 25 M units in 2016 to 41 M units in 2022, with an annual growth rate of 8.98%
The run-fate tires market is mainly in Europe and USA due to its advanced technology and downstream demand Europe occupied 31.46% of the global market share, followed by USA and China
The OE market and replacement market is the two applications of run-flat tires, the OE market consumers including BMW, Ford and Mercedes-Benz. In 2016, the OE market occupied 41.58% of the total market with the market share of replacement tires is 58.42%
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