The green or low rolling resistance tires market is projected to reach USD 104.23 billion by 2022, at a CAGR of 10.7% from USD 62.68 billion in 2017

LONDONMay 9, 2018 /PRNewswire/ — Government initiatives to reduce carbon emissions and tire labeling regulations are anticipated to drive the green tires market.

The green or low rolling resistance tires market is projected to reach USD 104.23 billion by 2022, at a CAGR of 10.7% from USD 62.68 billion in 2017. One of the most significant factors driving the growth of the green tires market is the increased government initiatives for a green and clean environment. There is a rising concern over factors affecting the fuel efficiency of vehicles and CO2 emissions. Thus, governments across the globe have started several initiatives to reduce fuel consumption and release of greenhouse gases. However, lack of awareness regarding the benefits of green tires restricts the growth of the green tires market in emerging economies.

Read the source article at PR Newswire

Global Aircraft Tire Market – New Innovative Solutions to Boost Growth | Technavio

Technavio’s latest market research report on the global aircraft tire market provides an analysis of the most important trends expected to impact the market outlook from 2018-2022. Technavio defines an emerging trend as a factor that has the potential to significantly impact the market and contribute to its growth or decline.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20180505005014/en/

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Cooper suffers double-digit earnings decline

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Findlay, Ohio – Cooper Tire & Rubber Co. suffered double-digit drops in operating and net income for the quarter ended 31 March 31, reflecting lower unit volume and costs associated with reduced manufacturing, the company said.

Operating income dropped 54.4% to $26.5 million on 6.5-percent lower sales of $601.5 million, cutting the operating margin nearly five%age points to 4.4%. Net income fell 72.9% to $8.29 million.

Read the source article at European Rubber Journal

Future Tire: Q&A with BRV chairman

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In this Q&A, Stephan Helm, chairman of the German tire retail and vulcanisation trades association (BRV), gives his views on the development of new technologies within the tire industry:

ERJ: Please identify one significant development in the tire industry in the last 2-3 years, and explain its importance.

Read the source article at European Rubber Journal

Shifting trends impact truck tire, retread industries

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Despite all of the marketplace challenges, commercial tire dealers and retreaders are very optimistic about the future, as am I.

Read the source article at Tire Business

Global Cloud PBX Market Research Report- Forecast to 2023

NEW YORK, April 17, 2018 /PRNewswire/ — Market Synopsis of Tubeless Tire Market: Globally, the market for Tubeless Tire is growing at a CAGR of 7.15% during the forecast period (2017-2023). The tubeless tire also known as inflated tires, does not require any inner tube inside the tire….

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Bibendum Builds Momentum As Michelin Becomes World’s Most Valuable Tire Brand

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Michelin has become the world’s most valuable tire brand following 30 percent brand value growth to $7.9 billion over the past year according to the latest Brand Finance report. It overtook Bridgestone (down 6 percent to $7 billion), which slipped from first to second place in the annual Brand Finance Tyres 10 ranking.

Read the source article at Aftermarket News

Camso raising aftermarket prices globally up to 6%

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Magog, Quebec — Camso Ltd. is planning to raise aftermarket prices globally in the coming months on its range of solid and pneumatic tires, tracks and track systems by between 1% and 6%.

Camso cited rising raw materials, logistics and other operating costs as the reasons for the increases. The timing of the increases will be based on market dynamics in North America, Europe, the Middle East and Asia Pacific, Camso said.

Read the source article at European Rubber Journal

Smithers Rapra Report: The Future of Green Tires to 2023

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TRAC Members receive 15 per cent discount on all rubber industry market reports produced by Smithers Rapra.

A “green tire” is defined as a tire optimised for low rolling resistance, using materials – especially elastomers – that are from renewable (sustainable) materials.

What methodology is used?

The data and information for this report were gathered using a combination of primary and secondary research. Primary research consisted of interviews with specialists, including fuel companies, tire fillers, raw material suppliers and additive suppliers. Secondary research consisted of a review of published material, conference proceedings and information from organisations and companies involved in the production, supply and use of tires and their ingredients. These data were analysed to provide estimates and forecasts for the tire markets by end-use sector, type and region.

What will you discover?

  • Identify and examine current and emerging sustainable technologies for tires, including materials used, production processes and recycling or disposing of end-of-life tires
  • Learn about commercial and automotive vehicle tires, as well as other niche markets
  • Understand global trends, and factors that may affect the industry
  • Find out about cutting-edge technology developments

 

 

Read the source article at smithersrapra.com

Hedge fund Bridgewater makes $22 billion bet against European firms

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LONDON/FRANKFURT/NEW YORK (Reuters) – Bridgewater has shown its hand in Europe with a $22 billion bet against some of the continent’s biggest companies, filings reviewed by Reuters show, part of a bigger shift by the world’s largest hedge fund manager.

Although data was not available to show whether Bridgewater holds more European stocks than it “shorts” overall, an investor in the hedge fund firm’s Pure Alpha Major Markets strategy said that its position was slightly net “long” on Feb. 6.

Read the source article at Global Rubber Markets News