Market Research Report
Tire Retreading Market in the US 2017-2021
|Published by||TechNavio (Infiniti Research Ltd.)||Product code||295884|
|Published||Content info||85 Pages
Delivery time: 1-2 business days
|Tire Retreading Market in the US 2017-2021|
|Published: September 28, 2017||Content info: 85 Pages||
Tire retreading is a remanufacturing process, where old tires are made serviceable by replacing the old treads on worn tires with new treads. Apart from natural and synthetic rubber as the primary raw materials, textile reinforcements, such as rayon, aramid, nylon, and polyester, are also used to manufacture treads. The production of retread tires is capital-intensive and requires a modular plant. In addition, it requires highly trained and skilled manpower for engineering and manufacture. The manufacturer must also adhere to the stringent industry standards at every stage of the retreading process while delivering a superior performance like the new tires. Therefore, retread tires undergo various quality, durability, and speed testing.
Technavio's analysts forecast the tire retreading market in the US to grow at a CAGR of 13.55% during the period 2017-2021.
The report covers the present scenario and the growth prospects of the tire retreading market in the US for 2017-2021. To calculate the market size, the report considers the revenue of the retreaded tires fitted on the CVs in the US.
Technavio's report, Tire Retreading Market in the US 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.