Market Overview:
The global industrial pneumatic tires market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for industrial pneumatic tires from various end-use industries, such as factories, stations, ports, airports, distribution centers and others. Additionally, the growing awareness about the benefits of using industrial pneumatic tires is also contributing to the growth of this market. Some of the major factors that are restraining the growth of this market are high installation and replacement costs and lack of standardization across regions.
Product Definition:
Industrial pneumatic tires are specifically designed for industrial use. They are made of a harder rubber than regular tires, and they have a thicker sidewall to withstand the harsher conditions in an industrial setting. Industrial pneumatic tires can be used on machines such as forklifts, aerial lifts, and earthmoving equipment.
Solid Pneumatic Tire:
Solid Pneumatic Tire (SPT) is a type of pneumatic tire that uses solid rubber to provide the majority of its rolling resistance. The tires are designed to be used in heavy-duty applications, such as mining, construction equipment and material handling equipment. SPT has lower rolling resistance than normal pneumatic tires due to the presence of large block copolymers in its structure which increases the speed at which it rolls down the road.
Pneumatic Tire:
Pneumatic tires are used in the automotive industry for vehicles such as trucks, buses, and cars. The pneumatic tire is made up of rubber that is reinforced with a wire patterned belt around the rim. As air flows through the tire it compresses the rubber which creates pressure inside and outside of the tire. This pressure is applied to both sides ofthe wheel when a vehicle turns making it turn easily by using its drive train.
Application Insights:
The distribution centers segment dominated the global industry pneumatic tires market in 2017. The segment is projected to witness significant growth over the forecast period owing to increasing e-commerce activities and need for efficient transportation systems at warehouses. Pneumatic tires are used in various applications including factories, stations, ports, airports and distribution centers among others. Distribution center operators are increasingly deploying industrial pneumatic tires as they provide enhanced traction on uneven surfaces and enable smooth movement of heavy loads across floors.
Factories were the largest application segment of the global industry pneneumntires market in 2017 accounting for a share of 40%. These products have a wide application scope in industries such as food & beverage, paper & pulp where they are used to transport materials from suppliers to manufacturing units within a plant premises without having contact with raw materials or products themselves thereby reducing contamination risks associated with them.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The region has been witnessing rapid growth in industrial activities, which is subsequently driving demand for pneumatic tires. China and India are among the largest manufacturing hubs of various industries, such as automotive, electronics, textile & apparel, food processing & packaging that require heavy machinery with high mobility. These factors are anticipated to propel product demand over the next eight years.
Europe accounted for a significant share of revenue in 2017 owing to growing adoption across several industries including transportation and logistics sector due to increasing trade between countries within Europe as well as exports around Europe from one country to another country thereby creating need for efficient transport facilities thus resulting into increased usage of pneumatic tires across major cities such London and Paris among others thus propelling industry growth over the forecast period. North America also contributed significantly towards industry growth owing to presence of prominent players operating within U.S.
Growth Factors:
- Increasing demand for industrial pneumatic tires from the automotive and transportation sector due to the growth of manufacturing and logistics industries.
- Rising demand for off-the-road (OTR) tires in mining, construction, and other applications owing to the growth of infrastructure development projects worldwide.
- Growing popularity of radial tires over bias ply tires in industrial applications on account of their superior performance characteristics.
- Proliferation of smart factories and Industry 4.0 initiatives that are boosting adoption of advanced tire technologies such as run-flat systems, self-inflating systems, etc., in industrial pneumatic tire marketplaces globally .
Scope Of The Report
Report Attributes
Report Details
Report Title
Industrial Pneumatic Tires Market Research Report
By Type
Solid Pneumatic Tire, Pneumatic Tire
By Application
Factories, Stations, Ports, Airports, Distribution Centers, Others
By Companies
Camso Solideal, Trelleborg Group, CST, Continental, Chaoyang, Aichi, Hankook, Advance, V.S. INDUSTRY TYRES, TOKAI Solid Tire, Maxam Tire, Mitas, Millennium Tire
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
239
Number of Tables & Figures
168
Customization Available
Yes, the report can be customized as per your need.
Global Industrial Pneumatic Tires Market Report Segments:
The global Industrial Pneumatic Tires market is segmented on the basis of:
Types
Solid Pneumatic Tire, Pneumatic Tire
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Factories, Stations, Ports, Airports, Distribution Centers, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Camso Solideal
- Trelleborg Group
- CST
- Continental
- Chaoyang
- Aichi
- Hankook
- Advance
- V.S. INDUSTRY TYRES
- TOKAI Solid Tire
- Maxam Tire
- Mitas
- Millennium Tire
Highlights of The Industrial Pneumatic Tires Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Solid Pneumatic Tire
- Pneumatic Tire
- By Application:
- Factories
- Stations
- Ports
- Airports
- Distribution Centers
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Industrial Pneumatic Tires Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Industrial pneumatic tires are a type of tire that is designed for use on vehicles. They are made from rubber and air, and they provide better traction than traditional tires. Industrial pneumatic tires are also more durable than regular ones, which makes them ideal for use in harsh environments.
Some of the major companies in the industrial pneumatic tires market are Camso Solideal, Trelleborg Group, CST, Continental, Chaoyang, Aichi, Hankook, Advance, V.S. INDUSTRY TYRES, TOKAI Solid Tire, Maxam Tire, Mitas, Millennium Tire.
The industrial pneumatic tires market is expected to grow at a compound annual growth rate of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Industrial Pneumatic Tires Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Industrial Pneumatic Tires Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Industrial Pneumatic Tires Market - Supply Chain
4.5. Global Industrial Pneumatic Tires Market Forecast
4.5.1. Industrial Pneumatic Tires Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Industrial Pneumatic Tires Market Size (000 Units) and Y-o-Y Growth
4.5.3. Industrial Pneumatic Tires Market Absolute $ Opportunity
5. Global Industrial Pneumatic Tires Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Industrial Pneumatic Tires Market Size and Volume Forecast by Type
5.3.1. Solid Pneumatic Tire
5.3.2. Pneumatic Tire
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Industrial Pneumatic Tires Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Industrial Pneumatic Tires Market Size and Volume Forecast by Application
6.3.1. Factories
6.3.2. Stations
6.3.3. Ports
6.3.4. Airports
6.3.5. Distribution Centers
6.3.6. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Industrial Pneumatic Tires Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Industrial Pneumatic Tires Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Industrial Pneumatic Tires Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Industrial Pneumatic Tires Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Industrial Pneumatic Tires Demand Share Forecast, 2019-2026
9. North America Industrial Pneumatic Tires Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Industrial Pneumatic Tires Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Industrial Pneumatic Tires Market Size and Volume Forecast by Application
9.4.1. Factories
9.4.2. Stations
9.4.3. Ports
9.4.4. Airports
9.4.5. Distribution Centers
9.4.6. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Industrial Pneumatic Tires Market Size and Volume Forecast by Type
9.7.1. Solid Pneumatic Tire
9.7.2. Pneumatic Tire
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Industrial Pneumatic Tires Demand Share Forecast, 2019-2026
10. Latin America Industrial Pneumatic Tires Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Industrial Pneumatic Tires Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Industrial Pneumatic Tires Market Size and Volume Forecast by Application
10.4.1. Factories
10.4.2. Stations
10.4.3. Ports
10.4.4. Airports
10.4.5. Distribution Centers
10.4.6. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Industrial Pneumatic Tires Market Size and Volume Forecast by Type
10.7.1. Solid Pneumatic Tire
10.7.2. Pneumatic Tire
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Industrial Pneumatic Tires Demand Share Forecast, 2019-2026
11. Europe Industrial Pneumatic Tires Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Industrial Pneumatic Tires Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Industrial Pneumatic Tires Market Size and Volume Forecast by Application
11.4.1. Factories
11.4.2. Stations
11.4.3. Ports
11.4.4. Airports
11.4.5. Distribution Centers
11.4.6. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Industrial Pneumatic Tires Market Size and Volume Forecast by Type
11.7.1. Solid Pneumatic Tire
11.7.2. Pneumatic Tire
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Industrial Pneumatic Tires Demand Share, 2019-2026
12. Asia Pacific Industrial Pneumatic Tires Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Industrial Pneumatic Tires Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Industrial Pneumatic Tires Market Size and Volume Forecast by Application
12.4.1. Factories
12.4.2. Stations
12.4.3. Ports
12.4.4. Airports
12.4.5. Distribution Centers
12.4.6. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Industrial Pneumatic Tires Market Size and Volume Forecast by Type
12.7.1. Solid Pneumatic Tire
12.7.2. Pneumatic Tire
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Industrial Pneumatic Tires Demand Share, 2019-2026
13. Middle East & Africa Industrial Pneumatic Tires Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Industrial Pneumatic Tires Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Industrial Pneumatic Tires Market Size and Volume Forecast by Application
13.4.1. Factories
13.4.2. Stations
13.4.3. Ports
13.4.4. Airports
13.4.5. Distribution Centers
13.4.6. Others
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Industrial Pneumatic Tires Market Size and Volume Forecast by Type
13.7.1. Solid Pneumatic Tire
13.7.2. Pneumatic Tire
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Industrial Pneumatic Tires Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Industrial Pneumatic Tires Market: Market Share Analysis
14.2. Industrial Pneumatic Tires Distributors and Customers
14.3. Industrial Pneumatic Tires Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Camso Solideal
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Trelleborg Group
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. CST
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Continental
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Chaoyang
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Aichi
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Hankook
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Advance
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. V.S. INDUSTRY TYRES
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. TOKAI Solid Tire
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Maxam Tire
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Mitas
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. Millennium Tire
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook