The demand for Off-The-Road (OTR) tires in the heavy-duty segment is primarily driven by the ongoing expansion in sectors such as construction, mining, and industrial utilities. Investments in infrastructure projects, combined with mining exploration, are boosting the requirement for heavy equipment where OTR tires are heavily utilised, leading to increased...
Discover more insightsThe segmentation of aircraft tires is primarily distinguished through type. The types of tires hinge on the specific needs and demands of different aircraft models. The bifurcation exists to offer augmentation in durability, performance, and safety according to particular aircraft requirements. Hence, market patterns evolve according to such classified segments...
Discover more insightsCommercial vehicle tires are an indispensable part of global transportation, therefore analyzing trends within this sector is essential to understanding the larger picture of economic activity. Recent years have seen significant technological advancements, driving consumer demand for more durable, fuel-efficient tires. Accompanying this, the growing emphasis on sustainable practices has...
Discover more insightsIn the global economy, the automotive industry holds a significant place. In recent times, it has been particularly observed that its sub-industries are increasingly influenced by innovative trends. One such segment, specializing in vehicle's back-end power transition, namely Rear Axles, showcases this pattern. Technological advancements, evolving customer preferences, and environmental...
Discover more insightsThe radial tire segment for buses and trucks is witnessing emergent trends driven by technological innovation and market dynamics. Increased preferences for fuel-efficient vehicles have stimulated the demand for radial tires, known for their superior fuel performance. Moreover, the adoption of advanced materials, like silica compounds, is becoming more prominent...
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