Tubeless Tire Market Research Report - Global Forecast to 2022, by Tire Type (Radial and Bias), Vehicle Type (Passenger car, commercial Vehicles, and Others), by Distribution Channel (OEM and Aftermarket), and by Region - Global Forecast to 2023.

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The tubeless tire market has various restraints that hinder the market growth such as Fluctuation in Raw Material Cost and Huge Capital Requirement to set up new Manufacturing Facility.

The market is expected to grow from a market size of USD 131.3 Billion in 2016 to USD 211.5 Billion in 2023 at a CAGR of 7.15%.

On basis of tire type, the market has been segmented as radial and bias. Amongst this, radial tires is segment accounted for the largest market share in 2016. Radial tubeless tires have various advantages they run cooler, and enhances ride quality. They also come with rigid construction, longer tread life, wider footprint, and provide more traction between tire & road surface. The growth of radial tires is also being driven by the rise in application of radial tire in two wheelers, passenger cars and light commercial vehicles.

Key Players

The key players in global tubeless tire market are Bridgestone Corporation (Japan), The Goodyear Tyre & Rubber Company (U.S.), Madras Rubber Factory (MRF) Limited (India), CEAT Tyres ltd. (India), Continental Corporation (Germany), Michelin (France), Pirelli & C. S.p.A (Italy), Yokohama Tire Corporation  (U.S.), Toyo Tire & Rubber Co., Ltd. (Japan) and Cooper Tire & Rubber Company (U.S.).

List Of Tables:

Table 1 Global Tubeless Tire Market By Region, 2017-2023

Table 2 North America Tubeless Tire Market By Country, 2017-2023

Table 3 Europe Tubeless Tire Market By Country, 2017-2023

Table 4 Asia Pacific Tubeless Tire Market By Country, 2017-2023

Table 5 RoW Tubeless Tire Market By Country, 2017-2023

Continued…

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