TechNavio's analysts forecast the Global Commercial Vehicle Tire market to reach 1.81 billion units by 2016. One of the key factors contributing to this market growth is the steady economic growth in the APAC region. The Global Commercial Vehicle Tire market has also been witnessing increasing demand for radial and tubeless tires. However, the increase in retreading of tires poses the biggest challenge in the Global Commercial Vehicle Tire market.
TechNavio's report, the Global Commercial Vehicle Tire Market 2012-2016, has been prepared based on an in-depth market analysis of the market with inputs from industry experts. The report covers the North America, Western Europe, APAC and rest of world regions; it also covers the Global Commercial Vehicle Tire market landscape and its growth prospects in the coming years. The report also includes a discussion of the key vendors operating in this market.
The key vendors dominating this market space are Bridgestone Corp., Continental AG, Michelin SCA, The Goodyear Tire and Rubber Co.
The other vendors mentioned in the report are Accuride Corp., and Yokohama Tire Corp.
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