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#UAE Tire Market Growth
nurafathima · 1 month
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5 Trends That Are Shaping the Best FMCG Companies in Dubai
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It has been noted that Dubai’s environment is not only an excellent ground for luxury goods; it also hosts a rapidly growing market for fast-moving consumer goods (FMCG). This sector, driven by population growth and increased disposable income, is experiencing a lot of change. Let us take a look at the trends that are defining the best FMCG distributors in UAE.
Greater Convenience: The New Normal
The days of relaxed shopping for groceries are now gone. Today's consumers crave convenience. Think about it: When you are a tired person, coming from work or any other activity, the last thing you would wish to do is spend so much time moving around the aisles. This is where FMCG distributors in Dubai are making a difference. 
From meal kits to an endless variety of prepared foods, convenience is the name of the game. This is an area that FMCG manufacturers are tackling by seeking new ways to package and deliver the products to consumers.
2. Sustainability: Not Just a Catchphrase
The topic of environmental awareness is gradually gaining popularity among consumers. They are looking for products that work and are also friendly to the environment. This transition has been observed through trends that include organic, local, and ethically sourced produce.
The meat industry is also not spared from this change of heart by consumers, who are now going for antibiotic-free, grass-fed, and free-range products. However, packaging is the focus. The once-considered ‘green’ options have become a necessity in the modern world.
3. Health is Wealth: The Emphasis on Quality
The days of going on a binge and not giving it a second thought are gone. Awareness about health is increasing. Customers are more conscious of the labels; they are opting for foods with less sodium, fat, and sugar. This shift in preference is putting pressure on FMCG companies to change the formulation of their products.
4. Technology: Driving Innovation
FMCG firms are using analytics to get a better insight into consumer behaviour. It is also assisting them in making the right decisions concerning product development, marketing, and supply chain management. Further, innovations in the technology used in production are leading to increased productivity and decreased expenses.
5. Direct-to-Consumer: Removing the Middleman
The distribution model that has been in practice for many years is changing. A large number of FMCG partners are adopting the strategy of direct selling to customers, thus avoiding retailers. It has certain advantages, like more control over the price, customer information, and brand image. Through direct customer relations, the companies can cultivate customer loyalty while at the same time getting valuable information.
What are the Prospects for FMCG in the Future?
The FMCG environment is constantly changing, which therefore requires close attention when undertaking any business. Consequently, it is possible to predict the further development of such technologies as augmented reality and virtual reality in the sphere of shopping. In addition, sustainability, health, and convenience will continue to be the primary drivers of the future and the industry.
Conclusion
In Dubai, the FMCG industry is rapidly changing. Convenience, sustainability, and health are becoming more important to consumers, and FMCG companies need to change to remain competitive. Technology integration and the growth of direct-to-consumer business models are changing the sector and pointing to a vibrant, exciting future.
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theinsightweb · 3 months
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Industrial Wax Market Growth Outlook to 2031
The Insight Partners stands out as a reliable ally in the syndicated market research and consultation through its steadfast commitment to the market research industry. With extensive experience and proven dedication, we have been delivering outstanding outcomes. With a team of researchers catering to distinct business requirements, we can emerge as a trusted research partner in the past decade.
By prioritizing precision and trust ahead, we are proud to announce the addition of the latest offering titled “Industrial Wax Market Growth Outlook to 2031”. This report ensures spotless coverage of recent updates and a range of business environment factors impacting the Industrial Wax market growth. The meticulous approach opted by our researchers can assist companies in transforming business space into the Industrial Wax market.
Industrial Wax market report offers a comprehensive analysis of regional and global scenarios. The scope of the market report extends to the competitive landscape, cost analysis, key players, specific market regions, profit margin, and market situation. A glance at wide-ranging factors restricting Industrial Wax market growth is deliberately included in this study.
Objectives of Industrial Wax Market Report
To deliver a detailed market overview by integrating quantitative and qualitative analysis
To unveil growth strategies by evaluating the competitive landscape and examining key companies against their position and strategic advantage
To offer estimates on sales volume, market share, size, and CAGR for the projected period.
To offer segment wise insights
This detailed report on Industrial Wax market size is heavily based on verified information and authoritative sources. The study intended to offer market players an overview of market opportunities in the coming period. This report helps clients as a first-hand source of knowledge on the market while providing a full-fledged analysis of each segment.
The study contains details on frontrunners in the market along with their recent collaborations, segments, revenues, product launches, and Industrial Wax market trends. It projects the competition in the Industrial Wax market for an estimated duration. This research further looks at industry channels and the performance of key market players to help businesses stay ahead in the market.
Our Report Sample May Brief On:
Scope of Industrial Wax market report
Brief introduction of Industrial Wax market and Industry Overview
Table of Contents
Top market players covered in this report
Report Structure
Research Methodologies by The Insight Partners
Regional Insights:
This section includes insights on different regions and key players present in the region. This section attempts to analyze the growth of a specific regional market based on economic, technological, and environmental factors. Readers may expect revenue-based data and sales insights gathered by our team after comprehensive research. This informative chapter remains an absolute perk for investors, as it will help them to understand potential investment value and expected returns in specific regions.
Report Attributes
Details
Segmental Coverage
Type
Fossil Based Wax
Synthetic Based Wax
Bio-Based Wax
Application
Candles
Packaging
Coatings and Polishes
Hot Melt Adhesives
Tires and Rubber
Cosmetics and Personal Care
Food
Others
Regional and Country Coverage
North America (US, Canada, Mexico)
Europe (UK, Germany, France, Russia, Italy, Rest of Europe)
Asia Pacific (China, India, Japan, Australia, Rest of APAC)
South / South & Central America (Brazil, Argentina, Rest of South/South & Central America)
Middle East & Africa (South Africa, Saudi Arabia, UAE, Rest of MEA)
Market Leaders and Key Company Profiles
ChinaPetrochemicalCorporation
ExxonMobilCorporation
HCIwax
NumaligarhRefineryLimited
PetroleoBrasileiroS.A.(Petrobras)
PJSCLUKOIL
SasolLimited
ShellInternationalB.V.
TheBlaysonGroupLtd
TheInternationalGroup,Inc.
Other key companies 
Why The Insight Partners?
Proven Expertise: The Insight Partners comprises expert market research analysts who have extensive industry-specific knowledge. Through this report, our team is bringing years of experience to the table while safeguarding the accuracy of insights.
Actionable Insights: TIP relies on a combination of primary and secondary research methodologies that drive tangible results. We are committed to keeping our offerings clear, accessible, and concise to guide businesses in the decision-making process.
Integration of Technology: We embrace technology in all its forms as the core of our research tactics. We use various tools and platforms to analyze and interpret the data. This allows timely results.
Summary:
Current and Future Market Estimates- Industrial Wax Market Share, and Size | 2031
Market Dynamics – Drivers, Challenges, Regional Trends, and Market Opportunities
Market Segmentation – Product, Application, End-use Industries, and Regional Growth Prospects.
Competition Matrix – Key Market Players and Strategies
Recent Developments and Innovation contributing Market Growth
About Us:
The Insight Partners is a one-stop industry research provider of actionable intelligence. We help our clients in getting solutions to their research requirements through our syndicated and consulting research services. We specialize in industries such as Semiconductor and Electronics, Aerospace and Defense, Automotive and Transportation, Biotechnology, Healthcare IT, Manufacturing and Construction, Medical Devices, Technology, Media and Telecommunications, Chemicals and Materials.
Contact Us: www.theinsightpartners.com
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Rubber Additives Market Growth Analysis, Forecasts 2031
The “Rubber Additives Market Share, Size, and Trends | 2031” is market research by The Insight Partners. The Rubber Additives market has perceived tides of change in the recent past. This study offers precise projections after detailed scrutiny of a range of factors impacting the business.  Considering the present market scenario, this report brings forward correct predictions on revenue, market size, and CAGR of the Rubber Additives market. The novel market research which is based on a fact-based foundation is now accessible for purchase. This report can make a variance in wide decision-making and drive business forward in the right direction.
Business is no longer a game of instincts when it comes to capitalizing on new production lines. In a highly competitive Rubber Additives market, companies may face several challenges. Having trusted market research is always endorsed for both veteran and new entrants. Rubber Additives Market report presents a thorough analysis of local, regional, and global market scenarios through the following details.
Report Attributes
Details
Segmental Coverage
Type
Antidegradants
Accelerators
Others
Application
Tire
Non-Tire
End-Use Industry
Automotive
Wire and Cable
Building and Construction
Others
Regional and Country Coverage
North America (US, Canada, Mexico)
Europe (UK, Germany, France, Russia, Italy, Rest of Europe)
Asia Pacific (China, India, Japan, Australia, Rest of APAC)
South / South & Central America (Brazil, Argentina, Rest of South/South & Central America)
Middle East & Africa (South Africa, Saudi Arabia, UAE, Rest of MEA)
Market Leaders and Key Company Profiles
Lanxess AG
Solvay SA
Akzonobel N.V.
Arkema SA
BASF SE
China Petroleum and Chemical Corporation
Eastman Chemical Company
Emery Oleochemicals LLC
Behn Meyer Group
R. T. Vanderbilt Company, Inc.
Other key companies 
Competitive Landscape
Knowing the state of rivals is a strategically right move to outperform them. This report is the right place to explore key strategies, developments, and recent launches by key Rubber Additives market players. This report emphasizes an analysis of business strategies and expected growth opportunities for brands.
Key Coverings:
Current and Future Market Estimates- Rubber Additives Market Share, CAGR, and Forecast | 2031
Market Dynamics – Drivers, Challenges, Regional Trends, and Market Opportunities
Market Segmentation – Product, Application, End-use Industries, and Regional Growth Prospects.
Competition Matrix – Key Market Players and Strategies
Recent Developments and Innovation Contributing Market Growth
Need a Customized Market Research Report?
You can always share any specific requirements that you have, and our team will adjust the scope of research offerings as per your needs.
The following are some customizations our clients frequently ask for:
The Rubber Additives market report can be customized based on specific regions/countries as per the intention of the business
The report production was facilitated as per the need and following the expected time frame
Insights and chapters tailored as per your requirements.
Depending on the preferences we may also accommodate changes in the current scope.
Key Questions Addressed in the Rubber Additives Market Research Include:
What are present Rubber Additives market values, and what can be expected in the upcoming decade?
What are the key segments in the Rubber Additives market?
What is the regional distribution of the Rubber Additives market report?
What are the key players and their recent strategies?
What are the key factors driving Rubber Additives market growth?
What are regulatory concerns and requirements businesses have to compel?
About Us:
The Insight Partners is a one-stop industry research provider of actionable intelligence. We help our clients in getting solutions to their research requirements through our syndicated and consulting research services. We specialize in industries such as Semiconductor and Electronics, Aerospace and Defense, Automotive and Transportation, Biotechnology, Healthcare IT, Manufacturing and Construction, Medical Devices, Technology, Media and Telecommunications, Chemicals and Materials.
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johnthejacobs · 6 months
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CarDekho Share Price Rallying High
Introduction
The automotive industry has seen significant shifts in recent times, with digital platforms playing a crucial role in reshaping how consumers buy and sell vehicles. Among these platforms, CarDekho has emerged as a key player, offering a comprehensive online marketplace for buying and selling cars. In recent months, CarDekho Share Price has witnessed a remarkable surge, reflecting the company's strong performance and investor confidence. CarDekho.com, operated by Girnar Software Private Limited, primarily focuses on providing online search services and information pertaining to both new and used automobiles to consumers and automobile dealers.
Factors Driving the CarDekho Share Price Rally
Several factors have contributed to the surge in CarDekho's share price. Firstly, the company has demonstrated robust financial performance, with steady revenue growth and improved profitability. This has instilled confidence among investors regarding CarDekho's ability to capitalize on the growing demand for online car buying platforms.
Furthermore, CarDekho has been successful in expanding its user base and enhancing customer engagement through innovative marketing strategies and user-friendly technology. By leveraging data analytics and artificial intelligence, the platform delivers personalized recommendations and a seamless user experience, driving higher conversion rates and customer satisfaction.
Another significant factor fueling the share price rally is the increasing adoption of digital platforms in the automotive industry. With consumers increasingly preferring online channels for researching and purchasing vehicles, CarDekho is well-positioned to benefit from this trend. Moreover, the company's focus on enhancing its mobile app and expanding its presence in tier-2 and tier-3 cities has opened up new growth opportunities, further boosting investor sentiment.
The company offers its services through various websites including Cardekho.com, Bikedekho.com, Pricedekho.com, Zigwheels.com, Gaadi.com, Oto.com, and collegedekho.com. In addition to these services, CarDekho.com also offers a range of other services such as designing, prototyping, and testing of structural components for the automotive industry. It also provides online and offline platforms for automobile auctions, facilitates placement of insurance policies for vehicles, and offers software development services. With tie-ups with numerous auto manufacturers, over 4000 car dealers, and various financial institutions, CarDekho.com facilitates the purchase of vehicles for consumers. The company provides a comprehensive set of tech-enabled tools to original equipment manufacturers (OEMs) and car dealers. CarDekho.com envisions creating a complete ecosystem for consumers and car manufacturers, dealers, and related businesses. This ecosystem aims to provide consumers with easy and complete access not only to buying and selling cars but also to managing their entire ownership experience, including accessories, tires, batteries, insurance, and roadside assistance.
Expanding its reach, the company has ventured into Southeast Asia with the launch of Zigwheels.ph, Zigwheels.my, and Oto.com. It also has a presence in the UAE through Zigwheels.ae. CarDekho was founded in 2006 and is headquartered in Jaipur.
Understanding CarDekho's Business Model
CarDekho operates as an online marketplace connecting buyers and sellers of both new and used cars. The platform provides users with extensive listings, detailed vehicle information, and tools for comparing prices and features. Additionally, CarDekho offers ancillary services such as insurance and financing, making it a one-stop destination for car buyers.
Challenges and Risks
Despite its impressive performance, CarDekho faces certain challenges and risks that could impact its future growth trajectory. One such challenge is the competitive landscape, with several players vying for market share in the online car marketplace segment. To maintain its competitive edge, CarDekho will need to continue innovating and differentiating its offerings while also managing costs effectively.
Moreover, regulatory changes and economic uncertainties could pose risks to CarDekho's operations. Shifts in government policies related to taxation, emissions standards, and vehicle registration fees could impact consumer behavior and demand for cars, thereby affecting CarDekho's revenue and profitability.
Additionally, disruptions in the automotive industry, such as changes in consumer preferences, technological advancements, and shifts towards electric and autonomous vehicles, could pose challenges for CarDekho. The company will need to stay agile and adapt to evolving market dynamics to sustain its growth momentum.
Conclusion
The rally in CarDekho's share price reflects the company's strong performance and growth prospects in the rapidly evolving automotive industry. With its innovative business model, robust technology infrastructure, and focus on customer satisfaction, CarDekho is well-positioned to capitalize on the increasing digitization of the car buying process. However, it will be crucial for the company to navigate challenges effectively and continue delivering value to its stakeholders to sustain its upward trajectory in the long term.
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sjsuraj · 7 months
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GCC Mini Cranes Market Targets US$ 41.1 Million by 2032 with a 5.8% CAGR – Insights from Future Market Insights The GCC mini cranes market report, authored by Future Market Insights-an ESOMAR Certified Market Research and Consulting Firm-unveils profound insights and meticulous analysis of the GCC mini cranes market. Encompassing the research’s ambit and essence, the report scrutinizes the driving determinants, market expanse, and predictive statistics for GCC mini cranes. It offers exhaustive breakdowns of revenue and shipment segments, with an extensive 10-year forecast till 2032. Furthermore, the document evaluates pivotal industry players, their market apportionments, the competitive terrain, and regional insights. Future Market Insights (FMI) predicts that the GCC market for mini cranes will increase between 2022 and 2032 at a CAGR of 5.8%, reaching a value of US$ 41.1 million. In 2022, Mini Cranes Type, Pick, and Carry Cranes will account for more than 52.1% of the GCC market. The demand for mini cranes has increased as a result of the growth of public infrastructure and the popularity of entertainment locations like museums, galleries, and theme parks that must heavily rely on goods-lifting machinery due to space limitations. The increased investment in leisure time in the countries of the Gulf region is what motivates this. For instance, in order to improve its hospitality, the UAE is focusing on developing large-scale projects like the Abrahamic Centre. Request For Sample Report: Elevate Your Industry Intelligence with Actionable Insights https://www.futuremarketinsights.com/reports/sample/rep-gb-15685 Rubber-tired mini cranes are another product that manufacturers are concentrating on creating because of their interior applications in GCC nation skyscrapers and high-rise structures. The demand for light lifting equipment with safety features has grown as a result of a recent wave of incidents in the area. Due to their ease of operation in small and constrained spaces, mini cranes have superior components and more safety measures, which is increasing demand for these tools in the region. The use of mini cranes has grown significantly over the past few years, as has their manufacture all over the world. The capacity of tiny cranes to operate well in small places and compact regions is predicted to significantly increase demand, despite the fact that they are niche products. Key Takeaways of Mini Cranes Market Study Over the course of the forecast period, the value of the mini cranes with lifting capacity between 2 to 4.9 tons is estimated to account for about 15.4 Mn in 2022. In terms of Type, Pick and Carry Cranes is anticipated to account for more than 52% of the GCC market and grow at a value CAGR of about 5.3% during the projected period. In the GCC market, demand for fuel-operated mini cranes is increasing at a value CAGR of 5.7%. The Construction industry in GCC Mini Cranes is projected to expand at 6.2%, making it a prominent sector as a result of increased investment in real estate and commercial infrastructure development. By Ownership, the rented segment is estimated to hold a significant share of about 89.7% in 2022. Competitive Landscape UNIC-Furukawa Company Ltd MAEDA SEISAKUSHO CO., LTD. Jekko SRL HENAN SPT MACHINERY EQUIPMENT CO., LTD XCMG Group Hoeflon Manitex International Palazzani BG Lift Cranes R&B Engineering Galizia JMG Cranes
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blueweave8 · 10 months
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UAE ADAS Market Analysis, Outlook, Forecast 2022-2029
BlueWeave Consulting, a leading strategic consulting and market research firm, in its recent study, estimated the UAE automotive advanced driver assistance systems (ADAS)market size at USD 372.52 million in 2022. During the forecast period between 2023 and 2029, BlueWeave expects the UAE ADAS market size to grow at a significant CAGR of 20.89% reaching a value of USD 1,162.89 million by 2029. Major growth drivers for the UAE ADAS market include an increasing awareness of road safety and growing preference for technologically advanced vehicles. ADAS offers various features that improve the driving experience, focusing on comfort and convenience. Also, the UAE government's regulations promote ADAS features in vehicles, driving market growth. Smart city initiatives enhance ADAS integration for improved traffic management and safety. Continuous innovation in ADAS includes features like autonomous emergency braking and driver monitoring. Integrating ADAS with connectivity and artificial intelligence leads to smarter vehicles. A prime example is the Toyota Crown, a luxurious, spacious, and reliable sedan highly regarded for its premium driving experience. UAE's commitment to advanced vehicle technologies positions it as a growing market for ADAS solutions. However, high cost of ADAS systems and lack of skilled labor to install and maintain ADAS systems are anticipated to restrain the overall market growth during the period in analysis.
UAE ADAS Market – Overview
The UAE Advanced Driver Assistance Systems (ADAS) Market refers to the industry and ecosystem in the United Arab Emirates that encompasses technologies, products, and services aimed at enhancing vehicle safety, improving driving experiences, and reducing accidents through various advanced driver assistance features. These features may include but are not limited to lane departure warning, adaptive cruise control, blind spot monitoring, autonomous emergency braking, pedestrian detection, and other technologies that assist drivers in making informed decisions and mitigating potential risks while driving. The UAE ADAS market is driven by government regulations, smart city initiatives, technological innovations, and a growing demand for intelligent and safer vehicles.
Sample Request @ https://www.blueweaveconsulting.com/report/uae-adas-market/report-sample
Impact of COVID-19 on UAE ADAS Market
COVID-19 pandemic adversely affected the UAE ADAS market. The market, which was initially poised for growth, faced disruptions and challenges during the pandemic. Lockdowns, travel restrictions, and economic uncertainty led to a decline in vehicle sales and production, affecting the adoption of ADAS technologies. Many consumers postponed or canceled vehicle purchases, slowing down the integration of ADAS systems. Also, supply chain disruptions and manufacturing challenges disrupted the availability of ADAS components, hindering market growth. However, as the UAE has recovered and economic activities have resumed, the ADAS market has rebounded, driven by an emphasis on road safety and government support for advanced automotive technologies.
UAE ADAS Market – By System
By system, the UAE ADAS Market is divided into Tire Pressure Monitoring System (TPMS), Drowsiness Monitor System, Intelligent Parking Assist System (IPAS), Adaptive Cruise Control System, Blind Spot Object Detection System, Lane Departure Warning System, and Adaptive Front-lighting System segments. The intelligent parking assist system segment holds the highest share in the UAE ADAS Market by system. ADAS includes a crucial feature: parking assistance, which aids drivers in parking their vehicles by utilizing sensors and cameras. This system evaluates parking space suitability and dimensions. Advanced versions even automatically adjust steering and speed during parking, preventing accidents. It accommodates both forward and reverse parking. In the UAE, consumers highly value this feature when buying vehicles, making it a significant factor in their purchase decisions, given the country's parking challenges. Meanwhile, the lane departure warning system segment holds the second highest place in the UAE ADAS market. The Lane Departure Warning System (LDWS) plays a pivotal role in enhancing road safety by alerting drivers when their vehicle drifts from its lane, reducing the risk of collisions, especially from rear-approaching vehicles. LDWS also mitigates accidents stemming from factors like distracted driving and fatigue, which are common causes of fatal incidents. This technology addresses prevalent issues such as lane-crossing and blind-spot accidents. Due to these advantages, UAE car buyers are increasingly favoring vehicles equipped with these advanced features.
Competitive Landscape
Major players operating in the UAE ADAS market include Bosch, Continental, Magna, Valeo, and ZF. To further enhance their market share, these companies employ various strategies, including mergers and acquisitions, partnerships, joint ventures, license agreements, and new product launches.
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david843346 · 11 months
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Tire Material Market Global Demand Analysis & Opportunity Outlook 2030
Research Nester published a report titled “Tire Material Market: Global Demand Analysis & Opportunity Outlook 2030” which delivers detailed overview of theglobaltire material market in terms of market segmentation by type, end user, and by region.
Further, for the in-depth analysis, the report encompasses the industry growth indicators, restraints, supply and demand risk, along with detailed discussion on current and future market trends that are associated with the growth of the market.
The global tire material market is estimated to occupy a sizeable amount of revenue by growing at a CAGR of ~5% during the forecast period, i.e., 2022 – 2030, owing to the enhancements in tire design and rubber chemistry, and increasing demand for vehicles in emerging economies. Apart from these, rising need for containment and traction in vehicles is also expected to drive market growth in the coming years.
The market is segmented by type and end user. Based on type, the elastomers segment is anticipated to grab the largest market share during the forecast period on the back of the escalating population and need for transportation around the world. Additionally, by end user, the passenger cars segment is projected to hold the largest share over the forecast period attributing to the low interest rates on these cars via banking and different schemes.
Geographically, the global tire material market is segmented into five major regions, namely North America, Europe, Latin America, Asia Pacific, and the Middle East & Africa. Asia Pacific region is evaluated to grab the largest share and witness noteworthy growth in the market during the forecast period ascribing to the increasing demand for different types of tires from automotive industries in China and India, and growing consumer preference for electric vehicles.
Download Sample of This Strategic Report@ https://www.researchnester.com/sample-request-3537
The research is global in nature and covers detailed analysis on the market in North America (U.S., Canada), Europe (U.K., Germany, France, Italy, Spain, Hungary, Belgium, Netherlands & Luxembourg, NORDIC [Finland, Sweden, Norway, Denmark], Poland, Turkey, Russia, Rest of Europe), Latin America (Brazil, Mexico, Argentina, Rest of Latin America), Asia-Pacific (China, India, Japan, South Korea, Indonesia, Singapore, Malaysia, Australia, New Zealand, Rest of Asia-Pacific), Middle East and Africa (Israel, GCC [Saudi Arabia, UAE, Bahrain, Kuwait, Qatar, Oman], North Africa, South Africa, Rest of Middle East and Africa). In addition, analysis comprising market size, Y-O-Y growth & opportunity analysis, market players’ competitive study, investment opportunities, demand for future outlook etc. has also been covered and displayed in the research report.
Rising Demand for Vehicles in Emerging Economies Across the World to Drive Market Growth
As a result of increasing economic growth, rising employment and escalating disposable income, developing regions are witnessing a surge in demand for all types of vehicles, majorly passenger cars. This is predicted to expand the scope of utilization of carbon and other rubber materials used for manufacturing tires, which in turn is evaluated to drive market growth in the near future.
Download/Request Sample Copy of Strategic Report:  https://www.researchnester.com/sample-request-3537
However, production costs scaling by automotive manufacturers is expected to operate as key restraint to the growth of the global tire material market over the forecast period.
This report also provides the existing competitive scenario of some of the key players of the global tire material market which includes company profiling of Cabot Corporation, Lanxess AG, JSR Corporation, N.V. Bekaert S.A., Chevron Corporation, Nynas AB, PetroChina Company Limited, Koninklijke Philips N.V., Dun & Bradstreet, Inc., Birla Tyres, Carlisle Companies Inc., and others. The profiling enfolds key information of the companies which encompasses business overview, products and services, key financials and recent news and developments. On the whole, the report depicts detailed overview of the global tire material market that will help industry consultants, equipment manufacturers, existing players searching for expansion opportunities, new players searching possibilities and other stakeholders to align their market centric strategies according to the ongoing and expected trends in the future.     
More Information@ https://www.researchnester.com/reports/tire-material-market/3537
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sharmapooja1234 · 2 years
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Latest Trends Spare Tire Bracket Market Manufacture Development Analysis Report Continental AG, Brembo S.p.A., Automotive Brake Engineering (ABE)
Latest Trends Spare Tire Bracket Market Manufacture Development Analysis Report Continental AG, Brembo S.p.A., Automotive Brake Engineering (ABE)The Spare Tire Bracket Market research delivers comprehensive research on the present stage of the market, covers market size with respect to assessment as sales volume, and provides a precise forecast of the market scenario over the estimated period. Also focuses on the product, application, manufacturers, suppliers, and regional segments of the market. Spare Tire Bracket report research highlights market driving factors, an overview of the market growth, industry size, and market share. Since this Spare Tire Bracket report depicts the constantly evolving needs of clients, vendors, and purchasers in different regions, it becomes simple to target specific products and generate large revenues in the global market.
“The Market For Spare Tire Bracket Market Is Expected to Reach Rise at A CAGR Of 6% During the Forecast Period.”
(Exclusive Offer: Flat 30% discount on this report)
Click Here to Get Free Sample PDF Copy of Latest Research on Spare Tire Bracket Market 2022 Before Purchase:
Top Key Players are covered in this report:
Continental AG, Brembo S.p.A., Automotive Brake Engineering (ABE), Robert Bosch GmbH, ZF Friedrichshafen AG, TRW Automotive, WABCO, Aisin Seiki Co., Ltd, Akebono Brake Industry Co., Ltd, Brembo S.p.A, Apec Braking, Budweg, Mando Corp, ACDelco, APG, Brakes International, BWI, K Spor
On the Basis of Product, the Spare Tire Bracket Market Is Primarily Split Into
Fixed
    Floating
On the Basis of End Users/Application, This Report Covers
OEM
    Aftermarket
 
The regions are further sub-divided into:
-North America (NA) – US, Canada, and Mexico
-Europe (EU) – UK, Germany, France, Italy, Russia, Spain & Rest of Europe
-Asia-Pacific (APAC) – China, India, Japan, South Korea, Australia & Rest of APAC
-Latin America (LA) – Brazil, Argentina, Peru, Chile & Rest of Latin America
-The Middle East and Africa (MEA) – Saudi Arabia, UAE, Israel, South Africa
Major Highlights of the Spare Tire Bracket Market report study:
A detailed look at the global Spare Tire Bracket Industry
The report analyzes the global Spare Tire Bracket market and provides its stakeholders with significant actionable insights
The report has considered all the major developments in the recent past, helping the users of the report with recent industry updates
The report study is expected to help the key decision-makers in the industry to assist them in the decision-making process
The study includes data on Spare Tire Bracket market intelligence, changing market dynamics, current and expected market trends, etc.
The report comprises an in-depth analysis of macroeconomic and microeconomic factors affecting the global Spare Tire Bracket market
Market Ecosystem and adoption across market regions
Major trends shaping the global Spare Tire Bracket market
Historical and forecast size of the Spare Tire Bracket market in terms of Revenue (USD Million)
SPECIAL OFFER: AVAIL UP TO 30% DISCOUNT ON THIS REPORT:
Market Segment Analysis:
The Spare Tire Bracket Report provides a primary review of the industry along with definitions, classifications, and enterprise chain shape. Market analysis is furnished for the worldwide markets which include improvement tendencies, hostile view evaluation, and key regions development. Development policies and plans are discussed in addition to manufacturing strategies and fee systems are also analyzed. This file additionally states import/export consumption, supply and demand, charge, sales and gross margins.
Browse Full Report at:
The Research covers the following objectives:
– To study and analyze the Global Spare Tire Bracket consumption by key regions/countries, product type and application, history data from 2016 to 2022, and forecast to 2028.
– To understand the structure of Spare Tire Bracket by identifying its various sub-segments.
– Focuses on the key global Spare Tire Bracket manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, Porter’s five forces analysis, SWOT analysis and development plans in the next few years.
– To analyze the Spare Tire Bracket with respect to individual growth trends, future prospects, and their contribution to the total market.
– To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
– To project the consumption of Spare Tire Bracket submarkets, with respect to key regions (along with their respective key countries).
Report Customization:
Spare Tire Bracket, the report can be customized according to your business requirements as we recognize what our clients want, we have extended 25% customization at no additional cost to all our clients for any of our syndicated reports.
In addition to customization of our reports, we also offer fully tailored research solutions to our clients in all industries we track.
Our research and insights help our clients in identifying compatible business partners.
Note: All of the reports that we list have been tracking the impact of COVID-19 on the market. In doing this, both the upstream and downstream flow of the entire supply chain has been taken into account. In addition, where possible we will provide an additional COVID-19 update report/supplement to the report in Q3, please check with the sales team.
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emaanderson · 2 years
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Automotive Elastomers Market Opportunities, Top Trends, Rising Demand and Emerging Growth
Increasing use of elastomers in production of tires along with growing manufacturing of motor vehicle are anticipated to promote the growth of global automotive elastomers market and help to attain a revenue of USD 70 Billion by 2033.
New York – October 10, 2022 – The recent market research analysis of “Automotive Elastomers Market: Global Demand Analysis & Opportunity Outlook 2033” by Research Nester delivers an in-depth competitors analysis and a detailed overview of the global automotive elastomers market in terms of market segmentation by type, application and by region over the forecast period, i.e., 2023-2033.
Further, for the in-depth analysis, the report encompasses the industry growth indicators, restraints, supply and demand risk, along with detailed discussion on current and future market trends that are associated with the growth of the global automotive elastomers market. These analyses help organizations identify a continuous flow of growth opportunities to succeed in an unpredictable future. Additionally, the growth opportunities exposed by the market is poised to gain significant momentum in the next few years.
Automotive elastomers market to find numerous growth opportunities on the back of popularity of lightweight materials for manufacturing of vehicles, finds Research Nester
The global automotive elastomers market is estimated to grow majorly on account of the rising production of mototr vehicles worldwide. For instance, inventories of motor vehicles worldwide increased by 583,74,162 vehicles between 2000 and 2019, according to the International Organization of Motor Vehicle Manufacturers (OICA). Moreover, the growing demand for fuel-efficient vehicles, the increasing trend of electrification of vehicles, along with a rising standard of living, is projected to drive the growth of automotive elastomer market over the forecast period.
The global automotive elastomers market is segmented on the basis of application into the tire, exterior application, interior application, under the hood, weather seal application, and others. The tire segment is to garner the highest revenue by the end of 2033 by growing at a significant CAGR over the forecast period owing to the rapid development of high-end vehicles and the growth of tire production worldwide. The number of tires produced in India in 2021 was estimated to be 168 million. Tires are manufactured using elastomers to improve their performance. The chemical system in tire rubber consists of several intermediates that contribute to its durability, flexibility, and reliability as a sealant.
By region, the Asia Pacific automotive elastomers market is to generate the highest revenue by the end of 2033. This growth is anticipated by the increasing demand for auto components in the region. The automobile component industry reported an increase in revenue of 22% in March 2022. Exports of auto components rose by 42% to USD 18 billion. Furthermore, number of factors are expected to drive the regional market, including the rapid growth of the automotive industry, the largest number of vehicles produced in emerging economies, such as India and China, and the affordable cost of raw materials and labor.
The research is global in nature and covers detailed analysis on the automotive elastomers market in North America (U.S., Canada), Europe (U.K., Germany, France, Italy, Spain, Hungary, Belgium, Netherlands & Luxembourg, NORDIC [Finland, Sweden, Norway, Denmark], Poland, Turkey, Russia, Rest of Europe), Latin America (Brazil, Mexico, Argentina, Rest of Latin America), Asia-Pacific (China, India, Japan, South Korea, Indonesia, Singapore, Malaysia, Australia, New Zealand, Rest of Asia-Pacific), Middle East and Africa (Israel, GCC [Saudi Arabia, UAE, Bahrain, Kuwait, Qatar, Oman], North Africa, South Africa, Rest of Middle East and Africa). In addition, analysis comprising of global automotive elastomers market size, Y-O-Y growth & opportunity analysis, market players’ competitive study, investment opportunities, demand for future outlook etc. has also been covered and displayed in the research report.
This report also provides the existing competitive scenario of some of the key players of the global automotive elastomers market which includes company profiling of Huntsman International LLC, The Dow Chemical Company, LANXESS, BASF SE, Exxon Mobil Corporation, E. I. du Pont de Nemours and Company, Motherson Automotive Elastomer Technology, Covestro AG, Kuraray Elastomer Division, Continental AG, The profiling enfolds key information of the companies which encompasses business overview, products and services, key financials and recent news and developments. On the whole, the report depicts detailed overview of the global automotive elastomers market that will help industry consultants, equipment manufacturers, existing players searching for expansion opportunities, new players searching possibilities and other stakeholders to align their market centric strategies according to the ongoing and expected trends in the future.     
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Research Nester is a leading service provider for strategic market research and consulting. We aim to provide unbiased, unparalleled market insights and industry analysis to help industries, conglomerates and executives to take wise decisions for their future marketing strategy, expansion and investment etc. We believe every business can expand to its new horizon, provided a right guidance at a right time is available through strategic minds. Our out of box thinking helps our clients to take wise decision in order to avoid future uncertainties.
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Automotive Logistics Market Solid Analyzed Segmentation, Demand, Recent Share Estimation and Growth Prospects by Regions to 2028
The research reports provide deep insights into the global market revenue, market trends, macro-economic indicators, and governing factors, along with market attractiveness per market segment. The report provides an overview of the growth rate of Automotive Logistics  market during the forecast period, i.e., 2022–2030. The report, most importantly, identifies the qualitative impact of various market factors on market segments and geographies. The research segments the market on the basis of product type, application type, technology type, and region. To offer more clarity regarding the industry, the report takes a closer look at the current status of various factors, including but not limited to supply chain management, distribution Trade, channels, supply and demand, and production capability differ across countries.
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Automotive Logistics  Market Company Profiles Analysis:
CEVA Logistics AG
DB Schenker
DHL  International GmbH (Deutsche Post AG)
DSV A/S
GEODIS
KUEHNE + NAGEL INTERNATIONAL AG
Nippon Express Co., Ltd.
Ryder System, Inc.
XPO Logistics, Inc.
United Parcel Service, Inc
Note – The Covid-19 (coronavirus) pandemic is impacting society and the overall economy across the world. The impact of this pandemic is growing day by day as well as affecting the supply chain. The COVID-19 crisis is creating uncertainty in the stock market, massive slowing of supply chain, falling business confidence, and increasing panic among the customer segments. The overall effect of the pandemic is impacting the production process of several industries. This report on ‘Automotive Logistics  Market’ provides the analysis on impact on Covid-19 on various business segments and country markets. The reports also showcase market trends and forecast to 2030, factoring the impact of Covid -19 Situation.
Market Segmentation:
Automotive Logistics Market Forecast to 2028 - COVID-19 Impact and Global Analysis By Type (Outsourcing and Insourcing), Services (Transportation, Warehousing, Packaging Processes, Integrated Service, and Reverse Logistics), and Sector (Passenger Vehicle, Commercial Vehicle, Tire, and Component) And By Regional Analysis (North America - U.S, Canada, Other); By (Asia-Pacific - India, Japan, China, South Korea, Japan, Australia, and Other); By (Europe - U.K., Germany, Netherlands, Lithuania, Austria, Belgium, Poland, Sweden, Spain, France, Russia and Other); By (Middle East - Saudi Arabia, UAE, and Africa - South Africa, Zimbabwe, and Row); - Global Industry Insights, Trends, and Forecast, 2021-2028.
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Regional Framework
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global Automotive Logistics  Market based on various segments. It also provides market size and forecast estimates from the year 2022 to 2028 with respect to five major regions. The Automotive Logistics  Market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
Promising Regions & Countries Mentioned in The Automotive Logistics  Market Report:
North America
Europe
Asia-Pacific
Latin America
The Middle East & Africa
Major Features of Automotive Logistics  Market Report:
Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the global Automotive Logistics  market.
Highlights key business priorities in order to assist companies to realign their business strategies.
The key findings and recommendations highlight crucial progressive industry trends in the global Automotive Logistics  market, thereby allowing players across the value chain to develop effective long-term strategies.
Develop/modify business expansion plans by using substantial growth offering developed and emerging markets.
Scrutinize in-depth global market trends and outlook coupled with the factors driving the market, as well as those hindering it.
Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing and distribution.
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ADAS Recalibration Services Market Expectations and Growth Trends Highlighted Until 2029
Implementation of Advanced Driver Assistance Systems (ADAS) in vehicles is becoming increasingly popular. Examples of prevalent ADAS includes lane departure warning, pedestrian detection, traffic sign recognition, collision avoidance, and lane centering. These systems rely on the proper functioning of cameras, radars, and sensors which requires calibration.
ADAS Recalibration Services is necessary for all of the instances post windshield replacement, collision repair, airbag deployment, suspension repair, front end alignment, change in tires or ride height, replacement of a faulty camera, replacement of the vehicle’s Engine Control Module or Powertrain Control Module, or Engine Control Unit. Often vehicle with forward facing video camera will require ADAS recalibration services post windscreen replacement as default requirement owing to the technology being housed in windscreen mounted hardware.
ADAS Recalibration Services Market: Dynamics
Prevalence of safety standards and government initiatives related to automotive industry stimulate the demand for different types of ADAS in vehicles. Electrification of vehicles is also likely to encourage the installations of ADAS in the coming years. Automakers have begun implementation of smart and advanced safety features such as ADAS even in the low and mid-range vehicles as well.
With installation of ADAS in vehicles, calibration is then considered as an essential service, as improper calibration of sensors may result in faulty functioning of the ADAS. Owing to the above mentioned factors, the demand for ADAS Recalibration Services is expected to witness healthy growth in the coming years.
High cost of installation of ADAS in vehicles is one of the predominant challenges for the ADAS market. Vehicles fitted with advanced driver assistance systems (ADAS) cost relatively higher than conventional vehicles.
Subsequently, significant number of consumers while purchasing a vehicle opt for conventional vehicle. This in turn is expected to be one of the key factor restraining the growth of customer base for ADAS and subsequently hinders the demand for ADAS Recalibration Services.
ADAS Recalibration Services Market: Segmentation
basis of Calibration type
Static ADAS Recalibration Services
Dynamic ADAS Recalibration Services
basis of Vehicle type
Passenger Car ADAS Recalibration Services
Light Commercial Vehicles ADAS Recalibration Services
Heavy Commercial Vehicles ADAS Recalibration Services
basis of Service Provider
Authorized Service Station
Franchised Service Station
Independent Service Station
ADAS Recalibration Services Market: Regional Outlook
ADAS is one of the newest technology in the automotive industry which is likely to go mainstream in the upcoming years. However, the installation rates of such system will vary across the regions owing to high initial cost and regulations pertaining to its implementation. ADAS Recalibration Services market directly depends on the penetration of ADAS in the vehicle fleet.
Owing to stringent norms concerning passenger safety in the developed nations including U.S. and Germany, the installation rate of ADAS in the vehicle is maximum. This in turn makes North America and Europe region a prominent market for ADAS Recalibration Services.
Middle East & Africa region is expected to be among the leading markets in growth perspective owing to increasing production of commercial vehicles in GCC countries particularly in UAE and passenger vehicles in Northern African countries.
ADAS Recalibration Services Market: Key Players
Examples of some of the market participants identified across the value chain of the global ADAS Recalibration Services market include:
City Auto Glass, Inc.
Safelite Group
Correct Calibration Services
O’Brien Glass Industries Limited
ADAS Leicester Limited
Calibration Services USA
Dynamic Calibration Systems, LLC
Crystal Glass
West Texas Windshields
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Key Questions Answered in This Report.
What will the Market growth rate in Future?
What are the key factors driving the global Market?
Who are the key manufacturers in Market space?
What are the opportunities and threats faced by the vendors in the global industry?
What are sales, revenue, and price analysis by regions of industry?
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ericdarner5 · 2 years
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Truck-bus Tires Market 2022 Active Review by Key Members till 2027
Astute Analytica reports that the global Truck-Bus Tires Market size will grow from US$ 41,565 million in 2021 to US$ 57,261 million by 2027. The global Truck-Bus Tires Market will record a tremendous compound annual growth rate (CAGR) of 5.5% during the forecast period 2022 to 2027.
The report’s segmentation section focuses on each category while also identifying those with the greatest influence on the Truck-Bus Tires Market. The segmentation provided the framework for locating businesses and assessing their financial health, product portfolios, and potential for future growth. In order to forecast the level of competition, the second step involved analyzing the core competencies and market shares of leading companies. To determine the size of the market as a whole, a bottom-up approach was adopted.
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Segmental Analysis:
The segmentation section of the report focuses on every segment, along with highlighting the ones having a strong impact on the global Truck-Bus Tires Market. The segmentation served as the foundation for finding businesses and examining their financial standings, product portfolios, and future growth potential. The second step entailed evaluating the core competencies and market shares of top firms in order to predict the degree of competition. A bottom-up method was used to assess the market’s overall size.
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This report can be customized to meet the client’s requirements. Please connect with our sales team ([email protected]), who will ensure that you get a report that suits your needs. You can also get in touch with our executives on +18884296757 to share your research requirements.
The Truck bus tires market research report analyzes industry trends, growth patterns, and research methodologies. It also analyzes the factors that influence market growth, including manufacturing strategies, product optimization, and customer retention.
Among the significant factors analyzed in the study are capacity, costs, production, revenue, production rate, consumption, import/export, supply/demand, gross, market share, CAGR, capacity utilization rate, and gross margin.
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Impact Analysis of COVID-19:
The impact of the COVID-19 pandemic outbreak appeared to slow global revenue growth. It is evident that life, businesses, and economies have transformed in the past year–a process reflected in revenue increases and decreases. A disruption in production and a slowing demand was evident as workers went home, travel restrictions took place, and delay in raw materials supply. The effects of the pandemic on supply have been most visible. During the early days of the pandemic, companies in the worst-hit countries or companies dependent on supply chains in those countries suffered severely.
Regional Insights:
The report highlights key factors such as R&D, new product launches, M&A, agreements, partnerships, joint ventures, collaborations, and growth of key industry participants from a regional and global perspective. The report covers the regions of North America, Asia Pacific, Europe, Middle East & Africa, and South America. Additionally, the report offers country-level estimates for 25+ countries, including the US, Germany, UK, Japan, China, India, the UAE, South Korea, South Africa, and the Middle East. The regional analysis presents information at the regional and country-level about the market, including the market dynamics based on the segments covered in the report.
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Astute Analytica is a global analytics and advisory company that has built a solid reputation in a short period, thanks to the tangible outcomes we have delivered to our clients. We pride ourselves in generating unparalleled, in-depth, and uncannily accurate estimates and projections for our very demanding clients spread across different verticals. We have a long list of satisfied and repeat clients from a wide spectrum including technology, healthcare, chemicals, semiconductors, FMCG, and many more. These happy customers come to us from all across the globe.
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Electric Forklift Tire Market 2022 Global Industry Share, Growth, Drivers, Emerging Technologies, and Forecast Research Report 2028
Electric Forklift Tire Market 2022-2030
The Electric Forklift Tire Market report is latest report published by Fusion Market Research which provides comprehensive information, overview of the demands and describe Impact of Covid-19 on the market during the forecast period 2022–2028.
At the beginning of a recently published report on the global Electric Forklift Tire Market, extensive analysis of the industry has been done with an insightful explanation. The overview has explained the potential of the market and the role of key players that have been portrayed in the information that revealed the applications and manufacturing technology required for the growth of the global Electric Forklift Tire Market.
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The report offers detailed coverage of Electric Forklift Tire industry and main market trends with impact of coronavirus. The market research includes historical and forecast market data, demand, application details, price trends, and company shares of the leading Electric Forklift Tire by geography. The report splits the market size, by volume and value, on the basis of application type and geography.
At the same time, we classify Electric Forklift Tire according to the type, application by geography. More importantly, the report includes major countries market based on the type and application. Finally, the report provides detailed profile and data information analysis of leading Electric Forklift Tire company.
Leading players of Electric Forklift Tire including: Camso Titan Continental Trelleborg Michelin Aichi Mitas Advance Hankook
Electric Forklift Tire Market split by Type, can be divided into: Pneumatic Forklift Tires Solid Forklift Tires Polyurethane Forklift Tires
Electric Forklift Tire Market split by Application, can be divided into: OEM Aftermarket
Market segment by Region/Country including: North America (United States, Canada and Mexico) Europe (Germany, UK, France, Italy, Russia and Spain etc.) Asia-Pacific (China, Japan, Korea, India, Australia and Southeast Asia etc.) South America (Brazil, Argentina and Colombia etc.) Middle East & Africa (South Africa, UAE and Saudi Arabia etc.)
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Further key aspects of the report indicate that: Chapter 1: Research Scope: Product Definition, Type, End-Use & Methodology Chapter 2: Global Industry Summary Chapter 3: Market Dynamics Chapter 4: Global Market Segmentation by region, type and End-Use Chapter 5: North America Market Segmentation by region, type and End-Use Chapter 6: Europe Market Segmentation by region, type and End-Use Chapter 7: Asia-Pacific Market Segmentation by region, type and End-Use Chapter 8: South America Market Segmentation by region, type and End-Use Chapter 9: Middle East and Africa Market Segmentation by region, type and End-Use. Chapter 10: Market Competition by Companies Chapter 11: Market forecast and environment forecast. Chapter 12: Industry Summary.
What our report offers: – Market share assessments for the regional and country-level segments – Strategic recommendations for the new entrants – Covers Market data for the years 2020, 2021, 2022, 2025, and 2028 – Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations) – Strategic recommendations in key business segments based on the market estimations – Competitive landscaping mapping the key common trends – Company profiling with detailed strategies, financials, and recent developments – Supply chain trends mapping the latest technological advancements
Free Customization Offerings: All the customers of this report will be entitled to receive one of the following free customization options: • Company Profiling o Comprehensive profiling of additional market players (up to 3) o SWOT Analysis of key players (up to 3) • Regional Segmentation o Market estimations, Forecasts and CAGR of any prominent country as per the client’s interest (Note: Depends on feasibility check) • Competitive Benchmarking o Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances
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techsciresearch · 4 years
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UAE Tire Market  to Register 11% CAGR until 2025: TechSci Research
Increasing adoption of passenger cars for personal use and pickup trucks for both commercial and personal use coupled with increasing fleet of commercial vehicles to boost UAE tire market
According to TechSci Research report, “UAE Tire Market by Vehicle Type, By Radial vs Bias, By Sales Channel,  By Region, Competition, Forecast & Opportunities, 2025”, UAE tire market is anticipated to grow at over 11% to surpass $ 420 million by 2020, owing to rising demand for passenger cars including SUVs and sedans due to the increase in off-roading activities, sports activities, increase of personal use and rising number of tourists in the country. Low cost of fuel, increasing disposable income of people and good road conditions are expected to positively influence the tire market in the UAE during the forecast period. Continuous business expansion of leading tire companies in the country by enriching their product portfolio and customer outreach through dealer additions is anticipated to intensify the competition in the country’s tire market over the course of the next five years. Companies in the UAE are also introducing more performance-oriented tires to better suit different driving conditions, which is further anticipated to promote the level of technological advancements in the UAE tire market. Dubai accounts for the maximum share in the UAE tire market on account of large fleet of passenger cars, increasing number of tourists, rising off roading activities and growing number of construction projects in Dubai.
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UAE tire market can be segmented based on vehicle type,  by radial vs bias and by region. In terms of vehicle type, passenger car tire segment dominates the country’s tire market and the trend is expected to continue in the forthcoming years as well. Tires for SUVs will continue to dominate the passenger car tire market due to increasing off roading and sporting activities across the country. In terms of sales channel, the offline sales channel for tires in the UAE is dominating the market and will continue to dominate the market over the next five years. But during the forecast period, the online sales channel is expected to grow at a robust pace.
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Bridgestone, Michelin, Dunlop, Hankook, Yokohama among others are some of the leading players operating in UAE tire market. Apart from the flagship companies, many Chinese players are also increasing their footprint in the UAE tire market by pushing their low-cost products in the market. “Dubai dominated the UAE tire market in 2019, backed by increase in passenger car fleet size, increase in personal transportation and growth of several sporting as well as off roading activities. Demand for tires is anticipated to increase in Abu Dhabi and Sharjah regions as well in coming years, on account of rising number of tourists and on account of increase in commercial projects. The country is anticipated to undergo major infrastructure transformations in energy, communication, transport, water, health and housing sectors in the coming years. This is projected to boost demand for automobiles as well as tires in the country over medium to long term.”, said Mr. Karan Chechi, Research Director with TechSci Research, a research based North America management consulting firm.
“UAE Tire Market by Vehicle Type, By Radial vs Bias, By Sales Channel,  By Region, Competition, Forecast & Opportunities, 2025”, has evaluated the future growth potential of UAE tire market and provides statistics & information on market size, structure and future market growth. The report intends to provide cutting-edge market intelligence and help decision makers take sound investment decisions. Besides, the report also identifies and analyzes the emerging trends along with essential drivers, challenges, and opportunities in UAE tire market.
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blueweave8 · 2 years
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UAE OTR Tire Market Outlook, Analysis, Forecast 2023-2029
BlueWeave Consulting, a leading strategic consulting and market research firm, in its recent study, estimated UAE OTR tire market size at USD 91.79 million in 2022. During the forecast period between 2023 and 2029, BlueWeave UAE OTR tire market size is expected to grow at a significant CAGR of 6.13% reaching a value of USD 139.08 million by 2029. The demand for medium and heavy commercial vehicles is expected to rise due to the increase in initiatives taken by the top authorities to promote the infrastructure development of the nation, such as the Abu Dhabi Metro project to improve the economic situation. The UAE OTR tire market is expanding as a result of the government's efforts to diversify its revenue streams and create new sources of income to stabilize the nation's financial situation. The increased efforts being made by market participants to expand dealerships and the introduction of novel tires to draw in more customers are expected to have an impact on market growth. The demand for tractors and agricultural vehicle equipment is rising as the agricultural sector is expanding.
UAE OTR Tire Market – Overview
Off-road tires known as OTRs are used to increase traction on unpaved surfaces like loose dirt, mud, sand, or gravel. These tires, which frequently have radial construction and deep, thick treads, are designed to be used on and off-road. For heavy-duty equipment and vehicles, OTR tires that can operate in challenging environments without compromising quality, performance, or safety are necessary. OTR tires have been used in a variety of industrial applications, such as those for aircraft towing vehicles, articulated dump trucks, container handlers, container handler reach stackers, gantry cranes, graders, loaders, mobile cranes, pavers, rigid frame haul trucks, rubber tire dozers, rubber tire gantry cranes, scrapers, special purpose vehicles, straddle carriers and many more. Off-road tires are also created specifically.
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Growth Drivers
Rising demand for OTR tires
A growing transportation system, sizable investments in highways, bridges, and tunnels for convenience, a bolstered supply chain network for better trade, developing manufacturing sectors, and building construction are all examples of infrastructure. The demand for mining and construction equipment could increase due to rising labor costs, the need for greater efficiency, and the desire to maximize the use of resources.
Challenge: Recycling of plastics used in the manufacture of electric vehicles
The development and best use of OTR tires throughout their life cycle were made possible by technological advancement and commercialization. The pneumatic tire cavity of OTR tires typically has small, simple-to-install sensors installed inside of it as part of a tire condition monitoring system (TCMS) or tire pressure monitoring system (TPMS). Inflation pressure, cavity air temperature, tire belt stress and strain, normal load, traction force, acceleration, and tire wear are all measured and transmitted electronically by these devices to a digital device in the driver's cabin. With the help of these measurements, the driver can assess the condition of each tire and take the necessary corrective and preventive measures to reduce the likelihood of tire-related downtime.
Impact of COVID-19 on UAE OTR Tire Market
The COVID-19 outbreak has had a significant negative impact on the OTR tire industry and supply chain in UAE. Sales of mining and construction equipment decreased during the first quarter of 2020. Sales, however, increased in the second half of 2020. The demand for off-highway equipment has also significantly increased as a result of increased mechanization. However, cross-border trade was severely harmed as a result of the COVID-19 outbreak, which resulted in supply chain disruptions in 2020. Due to increased investments in infrastructure development, increased metal demand, and growth in the mining industry, farm mechanization, and industrial automation, demand for off-highway vehicles increased in 2021 and is expected to increase further.
UAE OTR Tire Market – By Application
The UAE OTR tire market is segmented into Loader tires, Compactor tires, Earth Moving tires, Grader tires, and Others based on application. L-type tires are designed to handle heavy loads, travel short distances at a slow speed, and prioritize stability; they are categorized for use on wheeled loaders and dozers. L-classified tires also have a numerical designation that specifies tread depth and application. All tires mounted on large machinery are referred to as earth-moving tires. Such equipment is mainly used in the construction, road building, and mining industries, where hardened roads are scarce. Resistance, grip, and durability are more stressed in these circumstances.
Competitive Landscape
UAE OTR Tire market is fiercely competitive. Prominent players in the market include Bridgestone, Michelin, Goodyear, Continental, Pirelli, Apollo Tires, Nokian Tires, Dunlop Tires, Falken Tires, Hankook Tires, JK Tire, Yokohama Tires, Sumitomo Rubber Industries, Toyo Tires, Cooper Tires. These companies use various strategies, including increasing investments in their R&D activities, mergers, and acquisitions, joint ventures, collaborations, licensing agreements, and new product and service releases to further strengthen their position in the UAE OTR tire market.
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Automotive Elastomers Market Industry Outlook By Drivers, Restraints And Opportunities-2033
The recent market research analysis of “Automotive Elastomers Market: Global Demand Analysis & Opportunity Outlook 2033” by Research Nester delivers an in-depth competitors analysis and a detailed overview of the global automotive elastomers market in terms of market segmentation by type, application and by region over the forecast period, i.e., 2023-2033.
Further, for the in-depth analysis, the report encompasses the industry growth indicators, restraints, supply and demand risk, along with detailed discussion on current and future market trends that are associated with the growth of the global automotive elastomers market. These analyses help organizations identify a continuous flow of growth opportunities to succeed in an unpredictable future. Additionally, the growth opportunities exposed by the market is poised to gain significant momentum in the next few years.
Automotive elastomers market to find numerous growth opportunities on the back of popularity of lightweight materials for manufacturing of vehicles, finds Research Nester
The global automotive elastomers market is estimated to grow majorly on account of the rising production of vehicles worldwide. For instance, inventories of motor vehicles worldwide increased by 583,74,162 vehicles between 2000 and 2019, according to the International Organization of Motor Vehicle Manufacturers (OICA). Moreover, the growing demand for fuel-efficient vehicles, the increasing trend of electrification of vehicles, along with a rising standard of living, is projected to drive the growth of automotive elastomer market over the forecast period.
The global automotive elastomers market is segmented on the basis of application into the tire, exterior application, interior application, under the hood, weather seal application, and others. The tire segment is to garner the highest revenue by the end of 2033 by growing at a significant CAGR over the forecast period owing to the rapid development of high-end vehicles and the growth of tire production worldwide. The number of tires produced in India in 2021 was estimated to be 168 million. Tires are manufactured using elastomers to improve their performance. The chemical system in tire rubber consists of several intermediates that contribute to its durability, flexibility, and reliability as a sealant.
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By region, the Asia Pacific automotive elastomers market is to generate the highest revenue by the end of 2033. This growth is anticipated by the increasing demand for auto components in the region. The automobile component industry reported an increase in revenue of 22% in March 2022. Exports of auto components rose by 42% to USD 18 billion. Furthermore, number of factors are expected to drive the regional market, including the rapid growth of the automotive industry, the largest number of vehicles produced in emerging economies, such as India and China, and the affordable cost of raw materials and labor.
The research is global in nature and covers detailed analysis on the automotive elastomers market in North America (U.S., Canada), Europe (U.K., Germany, France, Italy, Spain, Hungary, Belgium, Netherlands & Luxembourg, NORDIC [Finland, Sweden, Norway, Denmark], Poland, Turkey, Russia, Rest of Europe), Latin America (Brazil, Mexico, Argentina, Rest of Latin America), Asia-Pacific (China, India, Japan, South Korea, Indonesia, Singapore, Malaysia, Australia, New Zealand, Rest of Asia-Pacific), Middle East and Africa (Israel, GCC [Saudi Arabia, UAE, Bahrain, Kuwait, Qatar, Oman], North Africa, South Africa, Rest of Middle East and Africa). In addition, analysis comprising of global automotive elastomers market size, Y-O-Y growth & opportunity analysis, market players’ competitive study, investment opportunities, demand for future outlook etc. has also been covered and displayed in the research report.
This report also provides the existing competitive scenario of some of the key players of the global automotive elastomers market which includes company profiling of Huntsman International LLC, The Dow Chemical Company, LANXESS, BASF SE, Exxon Mobil Corporation, E. I. du Pont de Nemours and Company, Motherson Automotive Elastomer Technology, Covestro AG, Kuraray Elastomer Division, Continental AG, and others. The profiling enfolds key information of the companies which encompasses business overview, products and services, key financials and recent news and developments. On the whole, the report depicts detailed overview of the global automotive elastomers market that will help industry consultants, equipment manufacturers, existing players searching for expansion opportunities, new players searching possibilities and other stakeholders to align their market centric strategies according to the ongoing and expected trends in the future.     
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