The Automotive Retread Tires Market size was valued at USD 7756 million in 2023 and is expected to reach USD 10614.6 million by 2031 and grow at a CAGR of 4% over the forecast period 2024-2031.
The automotive care, retread tires offers a unique approach to extending the usable life of tires. These tires are essentially pre-owned, having their worn-out tread stripped away and replaced with a completely new layer. The global market for retread tires is poised for substantial growth in the years ahead. The main reason behind this growth is the increasing pressure to find cheaper tire solutions. Retreads offer a significantly lower price point compared to brand new tires, making them an attractive option for businesses managing fleets of commercial vehicles and for cost-conscious consumers alike. These tires are well-suited for the demanding applications encountered by heavy-duty trucks, buses, and even aircraft. The commercial vehicle segment itself is experiencing significant growth due to the expansion of the transportation and logistics industries, further amplifying the demand for retread tires. The government regulations and initiatives that promote sustainable practices are expected to play a significant role in driving the growth of the retread tire market. The retreading process offers a more environmentally friendly alternative to traditional tire disposal and manufacturing methods.
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KEY DRIVERS:
Retreading reduces environmental impact by reusing casings, minimizing waste and emissions, appealing to eco-conscious consumers.
Extensive use in heavy-duty trucks, buses, and aircraft fuels demand due to the growing transportation sector.
The expansion of the transportation and logistics industries is a significant driver for the demand of retreaded tires in heavy-duty vehicles. Trucks, buses, and aircraft rely heavily on these tires to handle demanding workloads. As the transportation sector experiences growth, the need for these vehicles increases proportionally. This translates to a rising demand for their tires, making retreads an attractive option. Since retreads offer a cost-effective alternative to new tires, fleet operators and transportation companies can manage their budgets more efficiently while maintaining their vehicles.
RESTRAINTS:
Strict quality control standards and regulations can increase retreading costs and complexity.
Concerns about safety and performance compared to new tires can limit consumer adoption.
Consumer perception remains a hurdle for the automotive retread tire market. Many drivers hold concerns about the safety and performance of retreads compared to the brand new tires. These anxieties might stem from misconceptions about the retreading process or a lack of awareness about the rigorous quality checks these tires undergo. This perception gap can limit consumer adoption, especially among drivers who prioritize safety and peak performance for their vehicles.
OPPORTUNITIES:
Marketing retreads as an eco-friendly choice can appeal to environmentally conscious consumers.
Collaborations with fleet management companies can offer cost-effective retreading solutions to businesses.
CHALLENGES:
Consumer concerns about retread safety compared to new tires can hinder market growth.
Reliance on specialized equipment and skilled labour for retreading can create operational challenges.
The ongoing war in Russia-Ukraine has impacted the automotive retread tire market, disrupting established supply chains and impacting raw material costs. Russia is a major supplier of palladium, a critical element in catalytic converters, which indirectly affects tire production costs due to its connection to the automotive industry. The war has caused a surge in oil prices by over 10% which translates to increased costs for materials like rubber used in both new and retreaded tires. While the direct impact on the retread market itself might be difficult to quantify, these factors put pressure on overall tire affordability, potentially influencing consumer behaviour. The sanctions on Russia have disrupted trade routes and caused logistical bottlenecks, potentially impacting the import and export of retreaded tires in certain regions.
An economic slowdown disrupts the potential growth of the automotive retread tire market . During economic downturns, consumer spending typically limits. This can lead to a decrease in demand for both new and retreaded tires, as consumers delay non-essential car maintenance or opt for used cars which may not require immediate tire replacements. Fleet operators, a major consumer segment for retreads, might also postpone tire replacements or reduce the size of their fleets in response to lower economic activity. This could lead to a decline in retread sales, impacting market growth projections. It can also lead to reduced access to credit, potentially making it harder for retreading facilities to invest in new equipment or upgrades, hindering their ability to improve efficiency and compete effectively. The severity of the impact would depend on the depth and duration of the slowdown. Thus, the cost-effective nature of retreads could also position them favourably.
By Process Type
Pre-cure
Mold-cure
Mold-Cure is the dominating sub-segment in the Automotive Retread Tires Market by process type holding around 70-80% of market share. Mold-cure retreading is the more traditional and widely used process. It involves applying uncured rubber to the buffed casing and then curing it in a mold under high pressure and heat. This process offers established quality control procedures and good overall performance, making it the preferred choice for many retreaders.
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By Sales Channel
OEM
Aftermarket
Aftermarket is the dominating sub-segment in the Automotive Retread Tires Market by sales channel holding around 80-90% of the market share. The aftermarket segment caters to existing vehicles that require tire replacements. This segment is significantly larger than the OEM (Original Equipment Manufacturer) segment, which focuses on supplying tires for new vehicles. The wider availability and established network make the aftermarket the dominant sales channel for retreaded tires.
By Vehicle Type
Passenger Cars
Light Commercial Vehicles
Heavy Commercial Vehicles
Light Commercial Vehicles (LCVs) is the dominating sub-segment in the Automotive Retread Tires Market by vehicle type holding around 45-55% of market share. Light commercial vehicles, including vans, pickup trucks, and small buses, are widely used in various industries like transportation, logistics, and construction. These vehicles experience high mileage and require frequent tire replacements. Retreaded tires offer a cost-effective solution for LCV fleets, making this segment the leader in the retread tire market.
REGIONAL ANALYSES
The Asia Pacific is the dominating region in the Automotive Retread Tires Market holding around 55-60% of market share. This region have a vast and ever-growing vehicle population, creating a high demand for tires. Cost-effectiveness and a growing focus on sustainability make retreads an attractive option.
North America is the second-highest region in this market with well-established retread industry, particularly in the United States. The extensive use of retreads in commercial vehicle fleets, especially in construction and logistics, significantly contributes to this share.
Latin America is experiencing the fastest market growth, with a projected rate of 6-8%. This region's expanding transportation and logistics sectors are driving the demand for cost-effective tire solutions. Government regulations that promote sustainable practices are creating a favourable environment for retreading.
REGIONAL COVERAGE:
North America
US
Canada
Mexico
Europe
Eastern Europe
Poland
Romania
Hungary
Turkey
Rest of Eastern Europe
Western Europe
Germany
France
UK
Italy
Spain
Netherlands
Switzerland
Austria
Rest of Western Europe
Asia Pacific
China
India
Japan
South Korea
Vietnam
Singapore
Australia
Rest of Asia Pacific
Middle East & Africa
Middle East
UAE
Egypt
Saudi Arabia
Qatar
Rest of the Middle East
Africa
Nigeria
South Africa
Rest of Africa
Latin America
Brazil
Argentina
Colombia
Rest of Latin America
The major key players are Continental AG, Bridgestone Corporation (Japan), Nokian Tires plc (Finland). MRF Tires (India), The Goodyear Tire & Rubber Company (US), Michelin (France), Marangoni S.p.A. (Italy), KRAIBURG AUSTRIA GmbH & CO. KG (Austria), Pilipinas Kai Rubber Corporation (Philippines), JK Tires (India), Eastern Treads (India) and other key players.
In Sept. 2022: The Goodyear Tire & Rubber Company and Treadco, Inc. have joined forces. This strategic partnership will create the largest network of facilities dedicated to truck tire sales, service, and retreading. This collaboration is poised to reshape the industry landscape and potentially enhance customer service options.
In Aug. 2022: Bridgestone has renewed its partnership with Microsoft to improve tire analytics. This collaboration will boost Bridgestone's digital advancements and allow them to develop more sophisticated methods for predicting and managing tire maintenance needs.
| Report Attributes | Details |
|---|---|
| Market Size in 2023 | US$ 7756 Million |
| Market Size by 2031 | US$ 10614.6 Million |
| CAGR | CAGR of 4% From 2024 to 2031 |
| Base Year | 2023 |
| Forecast Period | 2024-2031 |
| Historical Data | 2020-2022 |
| Report Scope & Coverage | Market Size, Segments Analysis, Competitive Landscape, Regional Analysis, DROC & SWOT Analysis, Forecast Outlook |
| Key Segments | • By Process Type (Pre-cure, Mold-cure) • By Sales Channel (OEM, Aftermarket) • By Vehicle Type (Passenger Cars, Light Commercial Vehicles, Heavy Commercial Vehicles) |
| Regional Analysis/Coverage | North America (US, Canada, Mexico), Europe (Eastern Europe [Poland, Romania, Hungary, Turkey, Rest of Eastern Europe] Western Europe] Germany, France, UK, Italy, Spain, Netherlands, Switzerland, Austria, Rest of Western Europe]), Asia Pacific (China, India, Japan, South Korea, Vietnam, Singapore, Australia, Rest of Asia Pacific), Middle East & Africa (Middle East [UAE, Egypt, Saudi Arabia, Qatar, Rest of Middle East], Africa [Nigeria, South Africa, Rest of Africa], Latin America (Brazil, Argentina, Colombia, Rest of Latin America) |
| Company Profiles | Continental AG, Bridgestone Corporation (Japan), Nokian Tires plc (Finland). MRF Tires (India), The Goodyear Tire & Rubber Company (US), Michelin (France), Marangoni S.p.A. (Italy), KRAIBURG AUSTRIA GmbH & CO. KG (Austria), Pilipinas Kai Rubber Corporation (Philippines), JK Tires (India), Eastern Treads (India) |
| Key Drivers | • Retreading reduces environmental impact by reusing casings, minimizing waste and emissions, appealing to eco-conscious consumers. • Extensive use in heavy-duty trucks, buses, and aircraft fuels demand due to the growing transportation sector. |
| Restraints | • Strict quality control standards and regulations can increase retreading costs and complexity. • Concerns about safety and performance compared to new tires can limit consumer adoption. |
Ans: The expected CAGR of the global Automotive Retread Tires Market during the forecast period is 4%.
Ans: The Automotive Retread Tires Market was valued at USD 7756 million in 2023.
Ans: Cost-effectiveness, environmental benefits, and growing demand in the transportation and logistics sectors are the main drivers.
Ans: Consumer concerns about safety and performance, along with strict quality control regulations, are key challenges.
Ans: The Asia Pacific is the dominant region due to its vast and growing vehicle population.
TABLE OF CONTENTS
1. Introduction
1.1 Market Definition
1.2 Scope
1.3 Research Assumptions
2. Industry Flowchart
3. Research Methodology
4. Market Dynamics
4.1 Drivers
4.2 Restraints
4.3 Opportunities
4.4 Challenges
5. Impact Analysis
5.1 Impact of Russia-Ukraine Crisis
5.2 Impact of Economic Slowdown on Major Countries
5.2.1 Introduction
5.2.2 United States
5.2.3 Canada
5.2.4 Germany
5.2.5 France
5.2.6 UK
5.2.7 China
5.2.8 Japan
5.2.9 South Korea
5.2.10 India
6. Value Chain Analysis
7. Porter’s 5 Forces Model
8. Pest Analysis
9. Automotive Retread Tires Market Segmentation, By Process Type
9.1 Introduction
9.2 Trend Analysis
9.3 Pre-cure
9.4 Mold-cure
10. Automotive Retread Tires Market Segmentation, By Sales Channel
10.1 Introduction
10.2 Trend Analysis
10.3 OEM
10.4 Aftermarket
11. Automotive Retread Tires Market Segmentation, By Vehicle Type
11.1 Introduction
11.2 Trend Analysis
11.3 Passenger Cars
11.4 Light Commercial Vehicles
11.5 Heavy Commercial Vehicles
12. Regional Analysis
12.1 Introduction
12.2 North America
12.2.1 Trend Analysis
12.2.2 North America Automotive Retread Tires Market , By Country
12.2.3 North America Automotive Retread Tires Market Segmentation, By Process Type
12.2.4 North America Automotive Retread Tires Market Segmentation, By Sales Channel
12.2.5 North America Automotive Retread Tires Market Segmentation, By Vehicle Type
12.2.6 USA
12.2.6.1 USA Automotive Retread Tires Market Segmentation, By Process Type
12.2.6.2 USA Automotive Retread Tires Market Segmentation, By Sales Channel
12.2.6.3 USA Automotive Retread Tires Market Segmentation, By Vehicle Type
12.2.7 Canada
12.2.7.1 Canada Automotive Retread Tires Market Segmentation, By Process Type
12.2.7.2 Canada Automotive Retread Tires Market Segmentation, By Sales Channel
12.2.7.3 Canada Automotive Retread Tires Market Segmentation, By Vehicle Type
12.2.8 Mexico
12.2.8.1 Mexico Automotive Retread Tires Market Segmentation, By Process Type
12.2.8.2 Mexico Automotive Retread Tires Market Segmentation, By Sales Channel
12.2.8.3 Mexico Automotive Retread Tires Market Segmentation, By Vehicle Type
12.3 Europe
12.3.1 Trend Analysis
12.3.2 Eastern Europe
12.3.2.1 Eastern Europe Automotive Retread Tires Market , By Country
12.3.2.2 Eastern Europe Automotive Retread Tires Market Segmentation, By Process Type
12.3.2.3 Eastern Europe Automotive Retread Tires Market Segmentation, By Sales Channel
12.3.2.4 Eastern Europe Automotive Retread Tires Market Segmentation, By Vehicle Type
12.3.2.5 Poland
12.3.2.5.1 Poland Automotive Retread Tires Market Segmentation, By Process Type
12.3.2.5.2 Poland Automotive Retread Tires Market Segmentation, By Sales Channel
12.3.2.5.3 Poland Automotive Retread Tires Market Segmentation, By Vehicle Type
12.3.2.6 Romania
12.3.2.6.1 Romania Automotive Retread Tires Market Segmentation, By Process Type
12.3.2.6.2 Romania Automotive Retread Tires Market Segmentation, By Sales Channel
12.3.2.6.4 Romania Automotive Retread Tires Market Segmentation, By Vehicle Type
12.3.2.7 Hungary
12.3.2.7.1 Hungary Automotive Retread Tires Market Segmentation, By Process Type
12.3.2.7.2 Hungary Automotive Retread Tires Market Segmentation, By Sales Channel
12.3.2.7.3 Hungary Automotive Retread Tires Market Segmentation, By Vehicle Type
12.3.2.8 Turkey
12.3.2.8.1 Turkey Automotive Retread Tires Market Segmentation, By Process Type
12.3.2.8.2 Turkey Automotive Retread Tires Market Segmentation, By Sales Channel
12.3.2.8.3 Turkey Automotive Retread Tires Market Segmentation, By Vehicle Type
12.3.2.9 Rest of Eastern Europe
12.3.2.9.1 Rest of Eastern Europe Automotive Retread Tires Market Segmentation, By Process Type
12.3.2.9.2 Rest of Eastern Europe Automotive Retread Tires Market Segmentation, By Sales Channel
12.3.2.9.3 Rest of Eastern Europe Automotive Retread Tires Market Segmentation, By Vehicle Type
12.3.3 Western Europe
12.3.3.1 Western Europe Automotive Retread Tires Market , By Country
12.3.3.2 Western Europe Automotive Retread Tires Market Segmentation, By Process Type
12.3.3.3 Western Europe Automotive Retread Tires Market Segmentation, By Sales Channel
12.3.3.4 Western Europe Automotive Retread Tires Market Segmentation, By Vehicle Type
12.3.3.5 Germany
12.3.3.5.1 Germany Automotive Retread Tires Market Segmentation, By Process Type
12.3.3.5.2 Germany Automotive Retread Tires Market Segmentation, By Sales Channel
12.3.3.5.3 Germany Automotive Retread Tires Market Segmentation, By Vehicle Type
12.3.3.6 France
12.3.3.6.1 France Automotive Retread Tires Market Segmentation, By Process Type
12.3.3.6.2 France Automotive Retread Tires Market Segmentation, By Sales Channel
12.3.3.6.3 France Automotive Retread Tires Market Segmentation, By Vehicle Type
12.3.3.7 UK
12.3.3.7.1 UK Automotive Retread Tires Market Segmentation, By Process Type
12.3.3.7.2 UK Automotive Retread Tires Market Segmentation, By Sales Channel
12.3.3.7.3 UK Automotive Retread Tires Market Segmentation, By Vehicle Type
12.3.3.8 Italy
12.3.3.8.1 Italy Automotive Retread Tires Market Segmentation, By Process Type
12.3.3.8.2 Italy Automotive Retread Tires Market Segmentation, By Sales Channel
12.3.3.8.3 Italy Automotive Retread Tires Market Segmentation, By Vehicle Type
12.3.3.9 Spain
12.3.3.9.1 Spain Automotive Retread Tires Market Segmentation, By Process Type
12.3.3.9.2 Spain Automotive Retread Tires Market Segmentation, By Sales Channel
12.3.3.9.3 Spain Automotive Retread Tires Market Segmentation, By Vehicle Type
12.3.3.10 Netherlands
12.3.3.10.1 Netherlands Automotive Retread Tires Market Segmentation, By Process Type
12.3.3.10.2 Netherlands Automotive Retread Tires Market Segmentation, By Sales Channel
12.3.3.10.3 Netherlands Automotive Retread Tires Market Segmentation, By Vehicle Type
12.3.3.11 Switzerland
12.3.3.11.1 Switzerland Automotive Retread Tires Market Segmentation, By Process Type
12.3.3.11.2 Switzerland Automotive Retread Tires Market Segmentation, By Sales Channel
12.3.3.11.3 Switzerland Automotive Retread Tires Market Segmentation, By Vehicle Type
12.3.3.1.12 Austria
12.3.3.12.1 Austria Automotive Retread Tires Market Segmentation, By Process Type
12.3.3.12.2 Austria Automotive Retread Tires Market Segmentation, By Sales Channel
12.3.3.12.3 Austria Automotive Retread Tires Market Segmentation, By Vehicle Type
12.3.3.13 Rest of Western Europe
12.3.3.13.1 Rest of Western Europe Automotive Retread Tires Market Segmentation, By Process Type
12.3.3.13.2 Rest of Western Europe Automotive Retread Tires Market Segmentation, By Sales Channel
12.3.3.13.3 Rest of Western Europe Automotive Retread Tires Market Segmentation, By Vehicle Type
12.4 Asia-Pacific
12.4.1 Trend Analysis
12.4.2 Asia-Pacific Automotive Retread Tires Market , By Country
12.4.3 Asia-Pacific Automotive Retread Tires Market Segmentation, By Process Type
12.4.4 Asia-Pacific Automotive Retread Tires Market Segmentation, By Sales Channel
12.4.5 Asia-Pacific Automotive Retread Tires Market Segmentation, By Vehicle Type
12.4.6 China
12.4.6.1 China Automotive Retread Tires Market Segmentation, By Process Type
12.4.6.2 China Automotive Retread Tires Market Segmentation, By Sales Channel
12.4.6.3 China Automotive Retread Tires Market Segmentation, By Vehicle Type
12.4.7 India
12.4.7.1 India Automotive Retread Tires Market Segmentation, By Process Type
12.4.7.2 India Automotive Retread Tires Market Segmentation, By Sales Channel
12.4.7.3 India Automotive Retread Tires Market Segmentation, By Vehicle Type
12.4.8 Japan
12.4.8.1 Japan Automotive Retread Tires Market Segmentation, By Process Type
12.4.8.2 Japan Automotive Retread Tires Market Segmentation, By Sales Channel
12.4.8.3 Japan Automotive Retread Tires Market Segmentation, By Vehicle Type
12.4.9 South Korea
12.4.9.1 South Korea Automotive Retread Tires Market Segmentation, By Process Type
12.4.9.2 South Korea Automotive Retread Tires Market Segmentation, By Sales Channel
12.4.9.3 South Korea Automotive Retread Tires Market Segmentation, By Vehicle Type
12.4.10 Vietnam
12.4.10.1 Vietnam Automotive Retread Tires Market Segmentation, By Process Type
12.4.10.2 Vietnam Automotive Retread Tires Market Segmentation, By Sales Channel
12.4.10.3 Vietnam Automotive Retread Tires Market Segmentation, By Vehicle Type
12.4.11 Singapore
12.4.11.1 Singapore Automotive Retread Tires Market Segmentation, By Process Type
12.4.11.2 Singapore Automotive Retread Tires Market Segmentation, By Sales Channel
12.4.11.3 Singapore Automotive Retread Tires Market Segmentation, By Vehicle Type
12.4.12 Australia
12.4.12.1 Australia Automotive Retread Tires Market Segmentation, By Process Type
12.4.12.2 Australia Automotive Retread Tires Market Segmentation, By Sales Channel
12.4.12.3 Australia Automotive Retread Tires Market Segmentation, By Vehicle Type
12.4.13 Rest of Asia-Pacific
12.4.13.1 Rest of Asia-Pacific Automotive Retread Tires Market Segmentation, By Process Type
12.4.13.2 Rest of Asia-Pacific Automotive Retread Tires Market Segmentation, By Sales Channel
12.4.13.3 Rest of Asia-Pacific Automotive Retread Tires Market Segmentation, By Vehicle Type
12.5 Middle East & Africa
12.5.1 Trend Analysis
12.5.2 Middle East
12.5.2.1 Middle East Automotive Retread Tires Market , By Country
12.5.2.2 Middle East Automotive Retread Tires Market Segmentation, By Process Type
12.5.2.3 Middle East Automotive Retread Tires Market Segmentation, By Sales Channel
12.5.2.4 Middle East Automotive Retread Tires Market Segmentation, By Vehicle Type
12.5.2.5 UAE
12.5.2.5.1 UAE Automotive Retread Tires Market Segmentation, By Process Type
12.5.2.5.2 UAE Automotive Retread Tires Market Segmentation, By Sales Channel
12.5.2.5.3 UAE Automotive Retread Tires Market Segmentation, By Vehicle Type
12.5.2.6 Egypt
12.5.2.6.1 Egypt Automotive Retread Tires Market Segmentation, By Process Type
12.5.2.6.2 Egypt Automotive Retread Tires Market Segmentation, By Sales Channel
12.5.2.6.3 Egypt Automotive Retread Tires Market Segmentation, By Vehicle Type
12.5.2.7 Saudi Arabia
12.5.2.7.1 Saudi Arabia Automotive Retread Tires Market Segmentation, By Process Type
12.5.2.7.2 Saudi Arabia Automotive Retread Tires Market Segmentation, By Sales Channel
12.5.2.7.3 Saudi Arabia Automotive Retread Tires Market Segmentation, By Vehicle Type
12.5.2.8 Qatar
12.5.2.8.1 Qatar Automotive Retread Tires Market Segmentation, By Process Type
12.5.2.8.2 Qatar Automotive Retread Tires Market Segmentation, By Sales Channel
12.5.2.8.3 Qatar Automotive Retread Tires Market Segmentation, By Vehicle Type
12.5.2.9 Rest of Middle East
12.5.2.9.1 Rest of Middle East Automotive Retread Tires Market Segmentation, By Process Type
12.5.2.9.2 Rest of Middle East Automotive Retread Tires Market Segmentation, By Sales Channel
12.5.2.9.3 Rest of Middle East Automotive Retread Tires Market Segmentation, By Vehicle Type
12.5.3 Africa
12.5.3.1 Africa Automotive Retread Tires Market , By Country
12.5.3.2 Africa Automotive Retread Tires Market Segmentation, By Process Type
12.5.3.3 Africa Automotive Retread Tires Market Segmentation, By Sales Channel
12.5.3.4 Africa Automotive Retread Tires Market Segmentation, By Vehicle Type
12.5.3.5 Nigeria
12.5.3.5.1 Nigeria Automotive Retread Tires Market Segmentation, By Process Type
12.5.3.5.2 Nigeria Automotive Retread Tires Market Segmentation, By Sales Channel
12.5.3.5.3 Nigeria Automotive Retread Tires Market Segmentation, By Vehicle Type
12.5.3.6 South Africa
12.5.3.6.1 South Africa Automotive Retread Tires Market Segmentation, By Process Type
12.5.3.6.2 South Africa Automotive Retread Tires Market Segmentation, By Sales Channel
12.5.3.6.3 South Africa Automotive Retread Tires Market Segmentation, By Vehicle Type
12.5.3.7 Rest of Africa
12.5.3.7.1 Rest of Africa Automotive Retread Tires Market Segmentation, By Process Type
12.5.3.7.2 Rest of Africa Automotive Retread Tires Market Segmentation, By Sales Channel
12.5.3.7.3 Rest of Africa Automotive Retread Tires Market Segmentation, By Vehicle Type
12.6 Latin America
12.6.1 Trend Analysis
12.6.2 Latin America Automotive Retread Tires Market, By Country
12.6.3 Latin America Automotive Retread Tires Market Segmentation, By Process Type
12.6.4 Latin America Automotive Retread Tires Market Segmentation, By Sales Channel
12.6.5 Latin America Automotive Retread Tires Market Segmentation, By Vehicle Type
12.6.6 Brazil
12.6.6.1 Brazil Automotive Retread Tires Market Segmentation, By Process Type
12.6.6.2 Brazil Automotive Retread Tires Market Segmentation, By Sales Channel
12.6.6.3 Brazil Automotive Retread Tires Market Segmentation, By Vehicle Type
12.6.7 Argentina
12.6.7.1 Argentina Automotive Retread Tires Market Segmentation, By Process Type
12.6.7.2 Argentina Automotive Retread Tires Market Segmentation, By Sales Channel
12.6.7.3 Argentina Automotive Retread Tires Market Segmentation, By Vehicle Type
12.6.8 Colombia
12.6.8.1 Colombia Automotive Retread Tires Market Segmentation, By Process Type
12.6.8.2 Colombia Automotive Retread Tires Market Segmentation, By Sales Channel
12.6.8.3 Colombia Automotive Retread Tires Market Segmentation, By Vehicle Type
12.6.9 Rest of Latin America
12.6.9.1 Rest of Latin America Automotive Retread Tires Market Segmentation, By Process Type
12.6.9.2 Rest of Latin America Automotive Retread Tires Market Segmentation, By Sales Channel
12.6.9.3 Rest of Latin America Automotive Retread Tires Market Segmentation, By Vehicle Type
13. Company Profiles
13.1 Continental AG
13.1.1 Company Overview
13.1.2 Financial
13.1.3 Products/ Services Offered
13.1.4 SWOT Analysis
13.1.5 The SNS View
13.2 Bridgestone Corporation (Japan)
13.2.1 Company Overview
13.2.2 Financial
13.2.3 Products/ Services Offered
13.2.4 SWOT Analysis
13.2.5 The SNS View
13.3 Nokian Tires plc (Finland)
13.3.1 Company Overview
13.3.2 Financial
13.3.3 Products/ Services Offered
13.3.4 SWOT Analysis
13.3.5 The SNS View
13.4 MRF Tires (India)
13.4.1 Company Overview
13.4.2 Financial
13.4.3 Products/ Services Offered
13.4.4 SWOT Analysis
13.4.5 The SNS View
13.5 The Goodyear Tire & Rubber Company (US)
13.5.1 Company Overview
13.5.2 Financial
13.5.3 Products/ Services Offered
13.5.4 SWOT Analysis
13.5.5 The SNS View
13.6 Michelin (France)
13.6.1 Company Overview
13.6.2 Financial
13.6.3 Products/ Services Offered
13.6.4 SWOT Analysis
13.6.5 The SNS View
13.7 Marangoni S.p.A. (Italy)
13.7.1 Company Overview
13.7.2 Financial
13.7.3 Products/ Services Offered
13.7.4 SWOT Analysis
13.7.5 The SNS View
13.8 KRAIBURG AUSTRIA GmbH & CO. KG (Austria)
13.8.1 Company Overview
13.8.2 Financial
13.8.3 Products/ Services Offered
13.8.4 SWOT Analysis
13.8.5 The SNS View
13.9 Pilipinas Kai Rubber Corporation (Philippines)
13.9.1 Company Overview
13.9.2 Financial
13.9.3 Products/ Services Offered
13.9.4 SWOT Analysis
13.9.5 The SNS View
13.10 JK Tires (India)
13.10.1 Company Overview
13.10.2 Financial
13.10.3 Products/ Services Offered
13.10.4 SWOT Analysis
13.10.5 The SNS View
13.11 Eastern Treads (India)
13.11.1 Company Overview
13.11.2 Financial
13.11.3 Products/ Services Offered
13.11.4 SWOT Analysis
13.11.5 The SNS View
14. Competitive Landscape
14.1 Competitive Benchmarking
14.2 Market Share Analysis
14.3 Recent Developments
14.3.1 Industry News
14.3.2 Company News
14.3.3 Mergers & Acquisitions
15. Use Case and Best Practices
16. Conclusion
An accurate research report requires proper strategizing as well as implementation. There are multiple factors involved in the completion of good and accurate research report and selecting the best methodology to compete the research is the toughest part. Since the research reports we provide play a crucial role in any company’s decision-making process, therefore we at SNS Insider always believe that we should choose the best method which gives us results closer to reality. This allows us to reach at a stage wherein we can provide our clients best and accurate investment to output ratio.
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We at SNS Insider have divided Primary Research into 2 parts.
Part 1 wherein we interview the KOLs of major players as well as the upcoming ones across various geographic regions. This allows us to have their view over the market scenario and acts as an important tool to come closer to the accurate market numbers. As many as 45 paid and unpaid primary interviews are taken from both the demand and supply side of the industry to make sure we land at an accurate judgement and analysis of the market.
This step involves the triangulation of data wherein our team analyses the interview transcripts, online survey responses and observation of on filed participants. The below mentioned chart should give a better understanding of the part 1 of the primary interview.
Part 2: In this part of primary research the data collected via secondary research and the part 1 of the primary research is validated with the interviews from individual consultants and subject matter experts.
Consultants are those set of people who have at least 12 years of experience and expertise within the industry whereas Subject Matter Experts are those with at least 15 years of experience behind their back within the same space. The data with the help of two main processes i.e., FGDs (Focused Group Discussions) and IDs (Individual Discussions). This gives us a 3rd party nonbiased primary view of the market scenario making it a more dependable one while collation of the data pointers.
Step 3: Data Bank Validation
Once all the information is collected via primary and secondary sources, we run that information for data validation. At our intelligence centre our research heads track a lot of information related to the market which includes the quarterly reports, the daily stock prices, and other relevant information. Our data bank server gets updated every fortnight and that is how the information which we collected using our primary and secondary information is revalidated in real time.
Step 4: QA/QC Process
After all the data collection and validation our team does a final level of quality check and quality assurance to get rid of any unwanted or undesired mistakes. This might include but not limited to getting rid of the any typos, duplication of numbers or missing of any important information. The people involved in this process include technical content writers, research heads and graphics people. Once this process is completed the title gets uploader on our platform for our clients to read it.
Step 5: Final QC/QA Process:
This is the last process and comes when the client has ordered the study. In this process a final QA/QC is done before the study is emailed to the client. Since we believe in giving our clients a good experience of our research studies, therefore, to make sure that we do not lack at our end in any way humanly possible we do a final round of quality check and then dispatch the study to the client.
The Bicycle Accessories Market Size was valued at USD 16.63 Billion in 2023 and will reach USD 30.44 Billion by 2032 and grow at a CAGR of 6.97% by 2024-2032.
The Automotive Battery Market Size was USD 59.4 Billion in 2023 & is expected to reach USD 101.62 Billion by 2032, growing at a CAGR of 6.15% by 2024-2032.
Teen Driver Technology market size was valued at USD 2.52 billion in 2023 and is expected to reach at USD 4.37 billion by 2031, and grow at a CAGR of 7.1% over the forecast period of 2024-2031.
The Automotive Glass Market size was USD 18.12 billion in 2023 and is expected to Reach USD 43.38 billion by 2032 and grow at a CAGR of 10.20% over the forecast period of 2024-2032.
The Air Cargo Market Size was valued at USD 182.09 Billion in 2023 and is expected to reach USD 268.79 Billion by 2032 & grow at a CAGR of 4.4% by 2024-2032.
The Automotive Camshaft Market Size was valued at USD 5.75 Billion in 2023 and is expected to reach USD 8.24 Billion by 2032 and grow at a CAGR of 4.10% over the forecast period 2024-2032.
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