Global Automotive Tire Retreading Services Market 2022-2026
Technavio has been monitoring the automotive tire retreading services market and it is poised to grow by $ 745.75 mn during 2022-2026 progressing at a CAGR of 4.69% during the forecast period. Our report on the automotive tire retreading services market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current global market scenario, latest trends and drivers, and the overall market environment. The market is driven by environmental benefits associated with the adoption of retreaded tires, prominent tread suppliers promoting tire retreading, and regulators favoring retreaded tires.
The automotive tire retreading services market analysis includes the technology segment and geographic landscape.
Technavio's automotive tire retreading services market is segmented as below:
By Technology
By Geographical Landscape
- APAC
- North America
- Europe
- South America
- Middle East and Africa
This study identifies the retreaders enhancing service offerings to satisfy customer demands as one of the prime reasons driving the automotive tire retreading services market growth during the next few years. Also, the development of 3D laser scanner for tire tread measurement and the development of automated tire retreading technology will lead to sizable demand in the market.
Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters. Our report on automotive tire retreading services market covers the following areas:
- Automotive tire retreading services market sizing
- Automotive tire retreading services market forecast
- Automotive tire retreading services market industry analysis
Technavio's robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading automotive tire retreading services market vendors that include Aik Koon Tyre and Battery Co. Pte Ltd., Best-One Tire and Service, Bridgestone Corp., Continental AG, Eastern Treads Ltd, JK Tyre and Industries Ltd., Kal Tire Mining Tire Group, KRAIBURG AUSTRIA GmbH and CO. KG, MARANGONI Group, McCarthy Tire Service, Michelin Group, MRF Ltd., Nokian Tyres Plc, Pilipinas Kai Rubber Corp, Pomps Tire Service Inc, Purcell Tire Wholesale Center, Southern Tire Mart, The Goodyear Tire and Rubber Co., Tyresoles, and Zenises ltd. Also, the automotive tire retreading services market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. Technavio's market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.
Companies MentionedABB Ltd., AEG Power Solutions BV, AES Corp., Corvus Energy, East Penn Manufacturing Co. Inc., Enerdel Inc., Exergonix Inc., General Electric Co., Hitachi Ltd., Kokam Co. Ltd., LG Energy Solution Ltd., Mitsubishi Heavy Industries Ltd., NEC Corp., NGK Insulators Ltd., Panasonic Corp., Samsung SDI Co. Ltd., Siemens Energy AG, Tesla Inc., Toshiba Corp.