Tire manufacturing

Global Tire Cord Markets Report 2022: Market to Reach $7.1 Billion by 2027 - Northbound Trajectory in World Tire Industry Creates Fertile Environment for Growth - ResearchAndMarkets.com

Retrieved on: 
Thursday, March 3, 2022

The global market for Tire Cord estimated at US$5.2 Billion in the year 2020, is projected to reach a revised size of US$7.1 Billion by 2027, growing at a CAGR of 4.5% over the analysis period 2020-2027.

Key Points: 
  • The global market for Tire Cord estimated at US$5.2 Billion in the year 2020, is projected to reach a revised size of US$7.1 Billion by 2027, growing at a CAGR of 4.5% over the analysis period 2020-2027.
  • Steel Tire Cord & Tire Fabrics, one of the segments analyzed in the report, is projected to record a 4.2% CAGR and reach US$3.9 Billion by the end of the analysis period.
  • In the global Nylon Tire Cord & Tire Fabrics segment, USA, Canada, Japan, China and Europe will drive the 4.9% CAGR estimated for this segment.
  • Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach US$1.2 Billion by the year 2027.

InventHelp Inventor Develops Air Pressure Regulator for Tires (CWC-104)

Retrieved on: 
Wednesday, March 2, 2022

The patent-pending invention provides an improved method of controlling the inflation of vehicle tires and other items.

Key Points: 
  • The patent-pending invention provides an improved method of controlling the inflation of vehicle tires and other items.
  • In doing so, it eliminates the need to use an iterative process to reach the correct pressure.
  • As a result, it increases accuracy and efficiency and it ensures that tires are properly inflated.
  • The original design was submitted to the Kansas City sales office of InventHelp.

Cabot Corporation Expands Engineered Elastomer Composites (E2C™) Solutions for Use in Retreading of Off-the-Road (OTR) Tires

Retrieved on: 
Tuesday, February 22, 2022

Cabot Corporation (NYSE: CBT) today announced the expansion of its Engineered Elastomer Composites (E2C) product line for use in retreading applications for off-the-road (OTR) tires.

Key Points: 
  • Cabot Corporation (NYSE: CBT) today announced the expansion of its Engineered Elastomer Composites (E2C) product line for use in retreading applications for off-the-road (OTR) tires.
  • Retreading is a prime example of the circular economy as worn tires are repaired for reuse rather than being disposed as waste.
  • As tire manufacturers and mining companies look to decrease their environmental footprints, retreading OTR tires can save tires from landfills and enable fleets to operate more sustainably.
  • Both pre-cure and strip winding processes can be used to retread OTR tires made with E2C solutions.

North America OTR Tire Market (2022-2027) to be Primarily Driven by an Expanding Construction Sector - ResearchAndMarkets.com

Retrieved on: 
Tuesday, February 22, 2022

The "North America OTR Tire Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "North America OTR Tire Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027" report has been added to ResearchAndMarkets.com's offering.
  • The North America OTR tire market reached a volume of 405.0 thousand units in 2021.
  • North America OTR Tire Market Trends:
    In North America, the expanding construction sector, along with the increasing development of numerous infrastructural projects, including housing facilities, industrial complexes, road and railway networks, etc., is primarily driving the OTR tire market.
  • What is the structure of the North America OTR tire market and who are the key players?

Asia Pacific OTR Tire Industry to 2027 - Featuring Apollo Tyres, Gajah Tunggal and JK Tyre Among Others - ResearchAndMarkets.com

Retrieved on: 
Thursday, February 17, 2022

Some of the common vehicle types that use OTR tires include rigid dump trucks, loaders, reach stackers, cranes, monster trucks, etc.

Key Points: 
  • Some of the common vehicle types that use OTR tires include rigid dump trucks, loaders, reach stackers, cranes, monster trucks, etc.
  • OTR tires find extensive applications in loaders, excavators, bulldozers, trenchers, etc., for construction activities across diverse geographical locations.
  • What has been the impact of COVID-19 on the Asia Pacific OTR tire market?
  • What is the structure of the Asia Pacific OTR tire market and who are the key players?

World Tire Market Report: Tire Manufacturers' Sustainability Visions Impact on Long Term Demand and Product Mix - ResearchAndMarkets.com

Retrieved on: 
Wednesday, February 16, 2022

Covering key filler manufacturers by filler type and detailing tire market drivers, demand, prices and values.

Key Points: 
  • Covering key filler manufacturers by filler type and detailing tire market drivers, demand, prices and values.
  • Tire market drivers include tire types, subtypes, megatrends and regional developments.
  • The potential impact of tire manufacturers' sustainability visions has been modelled to provide guidance on long term demand trends.
  • Market Demand: Market demand for 2015 to 2020 is determined and validated against historic usage patterns.

WHERE THE RUBBER MEETS THE RACETRACK: GOODYEAR'S NASCAR NEXT GEN TIRE MAKES REGULAR SEASON DEBUT AT DAYTONA 500

Retrieved on: 
Wednesday, February 16, 2022

"Incorporating an 18-inch bead diameter tire was an important factor of the NASCAR Next Gen design, performance capabilities and aesthetics," said Greg Stucker, director, Race Tire Sales and Marketing for Goodyear.

Key Points: 
  • "Incorporating an 18-inch bead diameter tire was an important factor of the NASCAR Next Gen design, performance capabilities and aesthetics," said Greg Stucker, director, Race Tire Sales and Marketing for Goodyear.
  • "Creating a low-profile, street-inspired tire for Cup Series racing was a significant accomplishment that required coordination throughout the entire NASCAR racing community."
  • Importantly, Goodyear designed the shorter sidewall of its NASCAR Next Gen tire to help withstand the sustained duty cycle of oval racing.
  • For more information visit www.NASCAR.com and www.IMSA.com , and follow NASCAR on Facebook, Twitter, Instagram, and Snapchat ('NASCAR').

Nexen Tire develops tire performance prediction system using AI technology

Retrieved on: 
Tuesday, February 15, 2022

SEOUL, South Korea, Feb. 15, 2022 (GLOBE NEWSWIRE) -- Nexen Tire, a leading global tire manufacturer, stated today that it has developed an Artificial Intelligence (AI)-based tire performance prediction system.

Key Points: 
  • SEOUL, South Korea, Feb. 15, 2022 (GLOBE NEWSWIRE) -- Nexen Tire, a leading global tire manufacturer, stated today that it has developed an Artificial Intelligence (AI)-based tire performance prediction system.
  • By establishing a tire performance prediction system using AI technology, the Company explained that it will use a machine learning technology in the concept design stage to precisely and rapidly anticipate the primary performance indicators such as fuel efficiency, noise, handling process, etc.
  • With the newly developed tire performance prediction system using AI technology, this will allow faster and more accurate tire design and performance improvement during the pre-production process, in addition to the existing FEA-based performance prediction technique and Genetic Algorithm that suggest optimal design plans.
  • Professor SeoungBum Kim of Korea University and Professor Ki Chun Lee of Hanyang University collaborated on the newly created tire performance prediction system using AI technology.

Klean Industries to deliver Recovered Carbon Black Presentation at the European Carbon Black Summit

Retrieved on: 
Saturday, February 12, 2022

On the heels of the success of the 2021 Recovered Carbon Black Conference that took place on November 22-23, 2021 in Amsterdam, this year the 2nd European Carbon Black Summit will provide another unique forum for chemical companies, carbon black manufacturers, carbon black users, plastic & rubber manufacturers, masterbatch processors, and tyre manufacturers to hear from the pyrolysis industry veterans, experts and innovators who will share their perspective of the rapidly growing Recovered Carbon Black market.

Key Points: 
  • On the heels of the success of the 2021 Recovered Carbon Black Conference that took place on November 22-23, 2021 in Amsterdam, this year the 2nd European Carbon Black Summit will provide another unique forum for chemical companies, carbon black manufacturers, carbon black users, plastic & rubber manufacturers, masterbatch processors, and tyre manufacturers to hear from the pyrolysis industry veterans, experts and innovators who will share their perspective of the rapidly growing Recovered Carbon Black market.
  • The European Carbon Black Summit will further reinforce the significant changes taking place in both the Carbon Black and tire manufacturing industry as witnessed at the 2021 Recovered Carbon Black Conference and illustrated by the joint presentation of two of the leading tire manufacturers, Michelin and Bridgestone.
  • Its a known fact that the tire industry is the single largest consumer of virgin Carbon Black and that the potential demand for Recovered Carbon Black is currently enormous.
  • About the European Carbon Black Summit:
    ACIs 2nd European Carbon Black Summit will take place on the 22nd and 23rd of June 2022 in Frankfurt, Germany.

UVeye's Vehicle Inspection Systems Keep Fleets Safe and On The Road

Retrieved on: 
Wednesday, February 2, 2022

High-speed inspection systems can reduce repair costs and keep fleet vehicles on the road, while helping to eliminate potential accidents, avoid costly downtime and improve overall vehicle safety.

Key Points: 
  • High-speed inspection systems can reduce repair costs and keep fleet vehicles on the road, while helping to eliminate potential accidents, avoid costly downtime and improve overall vehicle safety.
  • "We are helping our fleet customers solve major problems caused by faulty vehicle- inspection processes," says Mike Bush, UVeye's director of North American fleet sales.
  • UVeye systems utilize a unique combination of proprietary algorithms, cloud architecture, artificial intelligence, machine learning and sensor fusion technologies.
  • The company's drive-through systems can detect any external or mechanical flaw and identify anomalies, modifications or foreign objects from under and from any side of a vehicle.