Global Two-Wheeler Tire Market to Exceed USD 17 Bn by 2021, Informs TechSci Research in New Report Recently Added at MarketPublishers.com27 Jan 2017 • by Natalie Aster
LONDON – Steadily increasing demand for two-wheeler tires worldwide is encouraged by constantly expanding two-wheeler fleet size together with escalating sales of two-wheelers. The highest demand for two-wheeler tires during 2011-2015 was registered in the replacement and OEM segments.
Regionally, the highest demand for two-wheeler tires comes from the Asia-Pacific region. India and China are the top demand generators in the region.
Motorcycle tire segment takes lead in the global two-wheeler tire market, due to the better maneuverability and performance of these types of two-wheelers.
Between 2017 and 2021, the worldwide market for two-wheeler tires is anticipated to enjoy steady growth, fueled by expanding trend of two-wheeler taxis, increasing two-wheelers production and also enhancing issue of traffic congestion in different countries.
The value of the world’s two-wheeler tires market is likely to exceed USD 17 billion by the year 2021.
New topical report “Global Two-Wheeler Tire Market Forecast and Opportunities, 2011 - 2021’’ worked out by TechSci Research contains a detailed guide to the world’s two-wheeler tire market and discloses important market performance estimates and statistics.
This publication contains info on the market size, segments and shares; investigates the current scenario in the key geographical markets, covers top trends and also scrutinizes the major factors influencing growth in the two-wheeler tire market. It highlights the recent industry developments, delves into competitive environment, profiles top companies, touches upon the major regulative norms and also points out the lucrative market growth opportunities. Besides, the report presents access to 5-year forecasts.
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Many other research studies by this publisher can be found in the TechSci Research catalogue at MarketPublishers.com.