The import of new pneumatic tyres of rubber for aircraft to the US is forecasted to grow steadily from 2024 to 2028. The forecasted values indicate a growth trend, with figures rising from 292.6 thousand units in 2024 to 314.83 thousand units by 2028. Assuming the value in 2023 was slightly lower, this represents a consistent increase each year.
The year-on-year growth rate from 2024 onwards shows a moderate increase, capturing a healthy demand for aircraft tyres. The compound annual growth rate (CAGR) over the five-year period from 2024 to 2028 suggests a steady annual increase, reflecting optimism in the aviation sector's recovery and growth.
Future trends to watch for include technological advancements in tyre materials enhancing durability and performance in varying conditions. Additionally, the increasing emphasis on sustainable aviation might drive innovation and influence import volumes.
- Technological advancements in tyre materials
- Focus on sustainable aviation impacts
- Aviation sector recovery and growth