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….
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.
The Yokohama Rubber Co. has announced that it will expand the Yokohama Group’s global production capacity for off-highway tires by adding new facilities at ATC Tires Pvt., the Indian tire manufacturing and sales subsidiary of the Alliance Tire Group (ATG), which Yokohama Rubber acquired in July 2016. Construction of the new facilities will begin in February at ATC Tire’s Dahej Plant in the state of Gujarat.
ERJ focus on significant developments and advances in rubber materials, processing and application technologies:
Mesnac advances “most intelligent” TBM
TIRE MANUFACTURE – Mesnac has recently introduced what it said was “the most intelligent tire building machine (TBM) designed independently in China”. The PS2A PCR machine, features ‘synchronous turn-up’ and intelligent control technologies, and achieves cycle times of less than 40s…
Yokohama taps ‘informatics’ to accelerate rubber research
The boffins at Yokohama Rubber have developed a new tyre design technology. This new technology is said to apply informatics to the development of rubber materials used in tyres and to tyre shape design, and its key feature is the use of machine learning, or AI, to conduct information and knowledge searches. The use of AI is expected to significantly speed up the development of new high-performance tyres and also add greater precision to this development.
Yokohama Rubber announced the development of the “BluEarth-air EF21”, a conceptual tire based on the most advanced technologies and the latest design technique for reducing tires’ weight and environmental impact. Developed to commemorate the Company’s 100th anniversary, the new tire will be marketed in Japan on a limited basis this year in one developmental size, 205/55R16 91V.
AKRON—Despite relatively lackluster first-half financial performances, tire makers for the most part are optimistic about their second half and fiscal 2017 earnings prospects.
AKRON —Status quo reigned over the 2017 global tire rankings, even as the estimated value of the entire industry declined for a third straight year.
Yokohama Rubber announced that it has begun supplying its “Geolandar G055” as original equipment for FCA US LLC all-new Jeep Compass, which went on sale in North America in June 2017. The new Compass will come factory-equipped with 225/55R18 98H size tires. In addition, YOKOHAMA’s “Geolandar SUV” is original equipment on the Jeep Compass that the automaker launched in China in late 2016. The “Geolandar G055” is an SUV tire based on the Company’s leading-edge “BluEarth” tire technology.
The Yokohama Rubber Company Limited has registered profits for the first half of 2017. Operating income increased to 18.4 billion yen, up by 16.8 per cent over H1 2016; net sales increased by 15.9 per cent to 310.8 billion yen and profit attributable to owners of parent increased 38.7 per cent to 11.4 billion yen.