01/05/2012

www.gupta-verlag.de/rubber

World Tires

According to the new study World Tires, published by The Freedonia Group, Inc., world demand for tyres is forecast to rise 4.7 % per year through 2015 to approximately 3.3 billion units. In value terms, the tyre market is projected to advance 6.5 % annually over the same span to USD 220 billion. The motor vehicle tyre market will see an acceleration in growth through 2015.Stronger gains will be registered by the industrial and other tyres segment, which includes a variety of tyre types, including bicycle, motorcycle, and off-road tyres. The Asia/Pacific region is by far the largest market for tyres, accounting for over half of global demand in 2010, thanks in large parts to its appetite for bicycle and motorcycle tyres.

www.gupta-verlag.de/rubber