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Truck and bus radial (TBR) tires are designed for all heavy-duty vehicles. TBR tires are primarily designed for road systems as it offers the characteristics such as great adaptability of the sidewalls, greater driving comfort, less heat generation by the tires at high speeds, higher resistance against tread-related harm and lowers fuel utilization through improved energy transfer of vitality from machine to the road. TBR tires are primarily used in two industries, truck transportation, and public transportation services. In recent years, the global market for truck and bus radial tires (TBR) has expanded significantly. Extensive road networks in numerous countries have stimulated increased production of trucks, buses, and other modes of public transportation, accelerating the demand for radial tires.
COVID-19 Impact Analysis
Top Impacting Factors
Gradual rise in the production of medium-duty trucks, advancing R&D in TBR tire manufacturing, government authorities initiative towards strengthening the transportation sector drive the growth of the global truck & bus radial (TBR) tire market.Â
Higher costs for radials as compared to conventional tire designs hinder the growth of the global truck & bus radial (TBR) tire market.
Growth of e-commerce sector and high demand for transportation & logistics provide lucrative opportunities for the global truck & bus radial (TBR) tire market.
Market TrendsÂ
Emergence of Smart Tires
Key Benefits of the Report:
Questions Answered in the Truck & Bus Radial (TBR) Tire Market Research Report:
Truck & Bus Radial (TBR) Tire Market Report Highlights
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Key Market Players | The Goodyear Tire & Rubber Company, Continental AG, Apollo Tires., MICHELIN, Giti Tire, KUMHO Tire, BKT Industries Limited, Bridgestone Corporation, Sumitomo Rubber Industries Limited, Yokohoma Rubber Corporation, China National Tire & Rubber Corporation |
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