Growth opportunities abound in the global market for artificial turf as residential and commercial property owners increasingly focus on ways of keeping lawns green even during the rising incidences of draughts across the globe. Along with providing an easy way of conserving the water otherwise spent on keeping natural grass alive, artificial grass, or artificial turf as it is often referred to, helps eliminate the need for timely maintenance, elimination in the amount of hazardous chemicals that natural grass lawns are subjected to, and are cost efficient owing to long workable life.
MINNEAPOLIS—Norwest Equity Partners has sold Minnesota Rubber & Plastics to KKR, a private equity firm that NEP believes will continue to invest in growing the rubber and plastics manufacturer.
Goodyear is putting its money where its mouth is with its latest mixed service tyre range – it is so confident of the robustness of its Omnitrac drive and steer tyres that it is offering both with an accidental damage and retreading guarantee. The tyre maker additionally claims the Omnitrac provides longer service life than Goodyear’s previous Goodyear MS II mixed service tyre range.
BLACKSBURG, Va. — The Center for Tire Research is a consortium involving industry and academia that largely has operated under the radar since its inception in 2012 but quietly has played an effective role in the tire business.
Rising incomes in emerging markets have led to the rapid growth of motorcycle ownership, particularly in Asia, resulting in a strong increase in motorcycle tire sales. Growth is being driven by the increasing number of households in industrializing regions that are now able to afford motorcycles.
Motorcycle tire market demand is estimated to rise to $19.4 billion in 2023, representing an annual compound growth of 6.5% from $14.2 billion in 2018, according to Smithers Rapra data.
In the report The Future of Motorcycle Tires to 2023, Smithers Rapra attributes growth to rising living standards, urbanization and mobility improvements, demographics, and technological changes. Those with disposable income are showing growing interest in motorcycles, including electric and self-balancing models and other new technologies.
The highest growth is seen in the Asia-Pacific region, driven by China and India. Data shows that by 2023, Asia-Pacific’s region share will be over 16 million units. Japan-based multinational companies such as Honda, Kawasaki, Suzuki and Yamaha dominate the two-wheeler sector’s world market.
Trends in mobility
The evolution of mobility and transportation technologies, along with road conditions, play a role in customer preferences, driving patterns, tire wear, and ultimately motorcycle and tire design.
The role of motorcycle tires is complex, and they must satisfy performance and safety parameters depending on the application and type of motorcycle. There is extreme variation of motorcycle tire types depending on vehicle characteristics, intended driving surfaces, and tire construction.
Evolving tire construction
Developments in tire materials continue to include new compounds, as well as a greater range of compounds, to optimize the attributes most required by industry and to better target tires to applications, according to Smithers Rapra.
Among performance and safety attributes, grip remains the most important and is still being improved even as other attributes compete for attention. A trend towards a richer silica content is ongoing, owing to the importance of grip. Carbon black is also important, with the grades used in motorcycle tires similar to those used in ultra-high-performance and race car tires. Traditionally, all motorcycle tires were bias ply. A clear trend for motorcycles up to 400cc is the increased use of radial tires, especially seen in Asia and South America where they are equipped on more sporty motorcycles.
The impact of electrification
Electrification will initiate further tire evolution, as will the requirements of motorcycle connectivity and progressive automation, leading eventually to ‘smart’ tires. Tires will be expected to have sensors measuring and reporting pressure, temperature, grip, road surface conditions, and tire wear/condition.
Smithers Rapra market report The Future of Motorcycle Tires to 2023 offers in-depth analysis of the economic demand and growth of the global motorcycle tire market from 2018-2023, and cutting-edge technology developments in materials, components, design, and safety attributes.
Baoji, China – Finixx has signed contract to build a plant with capacity to produce 5 million self-sealing tires a year in Baoji, Shaanxi province.
Located at the city’s Jinhe Industrial Park, the project has €126 million (1 billion yuan) investment earmarked with 667,000 sqm total area, according to reporting by local broadcaster Baoji Radio.
A Chinese sales centre will also be built at the site, the reports from this month also indicated.
A maker of bullet-proof military tires as…
Bridgestone Americas has launched a new Bandag BDM3 retread for refuse applications.
A next-generation retread for the drive position, the Bandag BDM3 retread is designed with a new proprietary tread compound for extended wear life, enhanced traction and cut/chip resistance compared to the Bandag BDM2 retread, Bridgestone said in a news release.
PADOVA, Italy — Pirelli Tyre is reviving production of bias-ply tires for classic car owners who are after the look and feel of tires used originally on their decades-old cars but built with modern materials and techniques for enhanced performance and…
Bridgestone aims to put farmers in the driver’s seat like never before, courtesy of a new downtime-reducing tyre ordering service that’s designed to “fit with the pockets of each and every business.” For the first time, Bridgestone is giving farmers the opportunity to calculate financing options for their tyres and buy directly online.
LAS VEGAS—Continental is using its OE Technology Series Multi V-Belt as the centerpiece of a new initiative to align its North American automotive aftermarket products with the company’s global expertise.