Global Two Wheeler Tires Market 2021-2026

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    GLOBAL TWO WHEELER TIRES MARKET

     

    INTRODUCTION

    Tires are strong and flexible based rubber casings which are present and used within various industrial segments as required to have a sturdy support on vehicular movements. Tires for most vehicles are pneumatic; air is held under pressure inside the tire. Until recently, pneumatic tires had an inner tube to hold the air pressure, but now pneumatic tires are designed to form a pressure seal with the rim of the wheel.

     

    Natural rubber is the main raw material used in manufacturing tires, although synthetic rubber is also used. In order to develop the proper characteristics of strength, resiliency, and wear-resistance, however, the rubber must be treated with a variety of chemicals and then heated.

     

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    Tire pressure plays a definitive role in the service life and safety performance of tow wheeler tires. Tire pressures are determined individually for every vehicle model by the tire and vehicle manufacturers. Tread Wear Indicators (TWI’s) are important tools for judging remaining tread depth. These are raised bars in the main longitudinal tread grooves, distributed evenly around the circumference of the tire, which become level with the rest of the tread pattern once the legal minimum tread depth of 1.6 mm is reached.

     

    Today, large, efficient factories staffed with skilled workers produce more than 250 million new tires a year. Although automation guides many of the steps in the manufacturing process, skilled workers are still required to assemble the components of a tire.

     

    GLOBAL TWO WHEELER TYRES MARKET DYNAMICS

    Tires are the only contact of cars with the road surface, and are, therefore, extremely important for safety, rolling resistance, rolling noise and other performances of the vehicle. Better quality tires save lives, reduce fuel consumption, exhaust gas emissions (CO2 and air pollution) and noise emissions. This is permitted under EU law, as the current tire limits are significantly below the current state of the art.

     

    The primary function of two-wheeler tires is to provide the interface between the vehicle and the highway. The rubber contact area for all four tires for a typical mid-size car is less than that of an 8½ x 11-inch sheet of paper; each tire has a footprint area of about the size of an average man’s hand.

     

    USA tire manufacturers participate voluntarily in an organization known as TRA, The Tire and Rim Association, Inc. It establishes and promulgates engineering standards for tires, rims, and allied parts (tubes, valves, etc.) Participation and adherence to these standards assures interchangeability of component parts among different tire manufacturers. “P-metric” sizing was introduced as radial tire usage began to expand in North America in the early 1970s .

     

    There has been recent integration of the Two-Wheeler tire recycling into the Global Market as the utmost important key essential in the market. With six modules and operating 24/7, every plant processes a mix of 19,000 metric tons of tires per year.

     

    Each typical 5 – 8 Kg Two-wheeler tire will yield 4 litres of oil, 1kg of carbon, 2kg of steel; a 70kg truck tire will provide 27 litres of oil, 28kg of carbon, 15kg of steel; and a 4-metric ton oversize mining dump truck tire will yield 1.6 metric tons of carbon, 0.8 metric tons of steel and 1,500 litres of oil.

     

    In development since 2011 in Japan, Europe, and the U.S., the Contact Area Information Sensing system includes a sensor on the tire’s internal wall that monitors its interaction with the road surface. It promotes driver safety by informing the driver of changing road surface conditions.

     

    The National Highway Traffic Safety Administration of the US already requires monitoring systems that warn drivers when a tire loses pressure. All contemporary cars have a Tire Pressure Monitoring System whereby a car’s computer system automatically turns on a light when the air pressure in your tires deviates from the normal range.

     

    GLOBAL TWO WHEELER TYRES MARKET SEGMENTATION

     

    The Global Two-Wheeler Tires Market can be segmented into following categories for further analysis.

     

    By Vehicle Infrastructure Type

    • Motorcycle
    • Scooters
    • Mopeds
    • Two Stroke Motorcycles
    • Electric Two Wheelers

     

    By Product Sales Conveyance

    • Online Sale
    • TV Marketing
    • Direct Purchase

     

    By Class of Propulsion

    • Electric Vehicle
    • Hybrid Vehicle
    • Fossil Fuel Vehicle
    • Specialized Fuel Vehicle
    • Gas Based Vehicle

     

    By Tire Construction

    • Radial Tires
    • Bias Tires
    • Composite Tires

     

    By Regional Classification

    • Asia Pacific Region – APAC
    • Middle East and Gulf Region
    • Africa Region
    • North America Region
    • Europe Region
    • Latin America and Caribbean Region

     

    RECENT MARKET TECHNOLOGICAL TRENDS IN GLOBAL TWO-WHEELER TYRES MARKET

    The Vehicular tires are of major importance in recent days as they propel the capability and the requirements to run upon varied terrains and surfaces of operation. Tires are an essential component to the establishment of the automobile mechanism.

     

    The innovations in the motorcycle tire technology are constantly happening, which is the reason we see new tire patterns coming up by leading tire makers. These modern tread designs are a result of rigorous research and testing by expert tire engineers.

     

    Unique Puncture-proof Tire System is an assembled airless wheel structure. It is reengineered for handling and manoeuvring at highway speeds, whereas current Tweel applications can bear a car’s weight but handle only at much slower speeds.

     

    About 90% of energy loss from tire rolling resistance comes from repeated changes in the shape of the tries as they roll. By simplifying the structure of the tire, Bridgestone was able to minimize the energy loss in these air free concept tires.

     

    There has been new tire technology for integration of Oxygen concept wherein the intelligent tire prototype allows for continuous connectivity and real-time data sharing. This would enable optimal tire usage for safer and more cost-efficient mobility, with a maximized uptime. The sensors and algorithms included within the tire enable the tire’s status – including wear, temperature, and pressure – to be continuously updated and shared with operators.

     

    COMPETITIVE LANDSCAPE

    The Global Two Wheeler Tire Market Manufacturers face a close knitted level of competition and have considerable advantages as well in terms of the internal regulations and presence of high alignment towards research and development of new prospects of technology within the European union nations.

     

    Pirelli tires has been recently involved in improvising and patenting various technologies under its operational capability for two-wheeler tires. The patented radial cross construction technology enables the structure of both front and rear tyre to be achieved using a radial carcass and a single layer belt made of steel.

     

    Depending on the rolling direction of the tire, the belt is wound circumferentially around the carcass giving an angle close to 0°. The advantages of the use of steel are its extremely high rigidity and the possibility to tune the winding spacing thus differentiating the stiffness distribution from shoulder to crown.

     

    TVS Tires has been one of the major contributors of innovation and research in the Asia Pacific Region of the Global Two-Wheeler tires market wherein the objective has been to give the rider confidence, when they are in a corner or when riding at speeds in excess of 70 km/h.

     

    The combination of compound gives the tire lower rolling resistance, superior grip and ensures the tires do not generate cracks in the long run, even after 40,000-50,000 km. The same tangent delta at 60° C renders the rolling resistance quality of the tire.

     

    At 30° C, it indicates the grip properties of the tire. Judging by the characteristics of the compound, the engineers in the R&D wing at TVS Tires were able to predict the fuel efficiency and braking distance of the tire.

     

    COMPANIES PROFILED

    Sl no Topic
    1 Market Segmentation
    2 Scope of the report
    3 Abbreviations
    4 Research Methodology
    5 Executive Summary
    6 Introduction
    7 Insights from Industry stakeholders
    8 Cost breakdown of Product by sub-components and average profit margin
    9 Disruptive innovation in the Industry
    10 Technology trends in the Industry
    11 Consumer trends in the industry
    12 Recent Production Milestones
    13 Component Manufacturing in US, EU and China
    14 COVID-19 impact on overall market
    15 COVID-19 impact on Production of components
    16 COVID-19 impact on Point of sale
    17 Market Segmentation, Dynamics and Forecast by Geography, 2021-2026
    18 Market Segmentation, Dynamics and Forecast by Product Type, 2021-2026
    19 Market Segmentation, Dynamics and Forecast by Application, 2021-2026
    20 Market Segmentation, Dynamics and Forecast by End use, 2021-2026
    21 Product installation rate by OEM, 2021
    22 Incline/Decline in Average B-2-B selling price in past 5 years
    23 Competition from substitute products
    24 Gross margin and average profitability of suppliers
    25 New product development in past 12 months
    26 M&A in past 12 months
    27 Growth strategy of leading players
    28 Market share of vendors, 2021
    29 Company Profiles
    30 Unmet needs and opportunity for new suppliers
    31 Conclusion
    32 Appendix

     

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