Global Airless Tires- The Futuristic Tires Never Go Flat

Product Overview:

Airless tires are not supported by air pressure. On the off chance that in the long run, airless tires can possibly enhance fuel productivity since they’ll never collapse or lose their shape after some time, yet additionally enhance security, given they also can’t dangerously explode. With two-wheeler, nonetheless, it’s an accommodation thing, since consumers would never again need to convey a pump, or wrangle an extra inward tube.

global airless tires market

What are the Top 5 Benefits of Airless Tires?

  • Offers low maintenance, puncture resistance and long wear resistance.
  • Meets speed, load and performance requirements of current air-filled tires.
  • Carries strong load-bearing abilities.
  • Easy manufacturing process permits cost-effectiveness.
  • Will not flatten if shot or hit by fragments of a bomb, shell, or other object thrown out by an explosion.

Global Airless Tire-The Future:

Due to excessive wear and tear, the tire manufactures are focusing on cutting down expenses incurred in replacement of tires. Manufactures are investing heavily in research and development of tire technologies to enhance their product portfolio. Moreover, increase in global raw material prices of natural rubber due to concentrated supply will also drive the global airless tires market during the forecast period. Global Airless Tire Market is anticipated to witness an extensive growth during the forecast period backed on the factors such as increasing demand for specialized tires for heavy vehicles and increasing ride safety by preventing accidents due to tire punchers.

Factor which will affect the Airless Tire Market:

  • Growing Vehicle Production, globally:

Globally, growing passenger car production & sales, constant economic growth and growing consumer preference for passenger cars, drives the airless tire demand and passenger car segment is expected to dominate the global airless tire market.

Growing Vehicle Production, globally

Source: OICA

Use of LCVs for various applications in different sectors such as logistics, goods carriage, passenger travel, etc., is anticipated to drive demand for LCV tire through over the next five years. Moreover, rising demand for heavy duty trucks from the mining sector and growth in the transportation infrastructure, projected to drive M&HCV market globally. Rising demand for commercial vehicle globally will generate the demand for airless tires.

With various features such as higher convenience, designing, comfort, affordability, fuel efficiency, mechanisms (automatic transmission), etc. demand for two-wheelers increasing globally, especially among the youth. This will further boost the demand for airless tires, globally.

  • Growing Rubber Prices Globally

Growing Rubber Prices Globally 2

Rubber is the main material used for the manufacturing of tires, the prices of natural rubber is increasing every year. For airless tires, the rubber used for its manufacturing is very less as compare to air-filled tires. This will reduce the cost of manufacturing the airless the tires and which will affect the prices of airless tires over the next five years and subsequently will generate the demand for airless tires globally.

Growing Rubber Prices Globally

Top players of the tire industry are looking forward for airless tires:

In 2013, Bridgestone discovered its second-generation airless concept tire featuring improved load-bearing capabilities, environmental design and driving performance.

In 2005, Michelin brought the idea with a tire-and-wheel combination called the “Tweel”. After investing years creating PAX run-punctured tires, Michelin engineers presumed that wiping out a tire’s requirement for air seemed well and good.

Conclusion: Tires may appear to be a minor piece of a car that can’t be enhanced, however inquire about into airless tires demonstrates something else. This innovation will increase the safety of vehicles and have a positive impact. Since these tires are additionally ready to be retreated, there is the likelihood of a littler cost for every tire-which is constantly grasped by the buyer. The growing demand for low maintenance tires, facility of recycling and durability & long life will drive the demand for Global Airless Tire over the next five years.