Every year, around 24 million retread tires are being sold, which saves around 360 million gallons of oil per year on average. Most of the retread tires are as durable as the new ones and undergo the same testing procedure as any new tire. Prolonged use of commercial and off-the-road vehicles with a heavy load
Rising demand to increase the average life of tires and high vehicle parc is expected to drive the Saudi Arabia retread tire market throughout the forecast period. According to TechSci Research report, “Saudi Arabia Retread Tire Market By Vehicle Type (OTR, Truck, Bus) By Company, By Region, Forecast & Opportunities, 2026”, Saudi Arabia retread tire market is expected to
Continuously growing demand for cost-effective tires and the popularity of retreading in OTR vehicles is anticipated to drive the global retread tire market through 2026. According to TechSci Research report, “Global Retread Tire Market By Vehicle Type (Commercial Vehicle, Passenger Car & OTR Vehicle), By Retread Process (Cold Process & Hot Process), By Region (Asia Pacific, North America,
Growing technological innovations in retread tire industry coupled with growing commercial vehicle fleet across the globe to drive global retread tire market through 2023 Industry Reports –> Automotive –> Automobile Tires According to TechSci Research report, “Global Retread Tire Market By Vehicle Type, By Retread Process, By Region, Competition, Forecast & Opportunities, 2023”, the global