Description
Tires play an important role as an automobile component . Despite its simple appearance , a tire differs from other parts in that it has numerous functions . A tire supports the weight of car , reduces the impact from the road and at the same time , transmits the power to propel , brake and steer on the road . It also functions to maintain the vehicle ’ s movement . There are three basic different types of tires ; Bias , Radial and Tubeless . Further , depending upon their application with the different vehicles , tires can be classified into three different types ; Passenger & light truck tires , truck tires and specialty tires .
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Farm tires are a sub-segment of specialty tires that are used by vehicles and machines used for farm activities . Sprayers , tractors , trailers , and harvesters are a few examples of farm machinery that use farm tires . The farm tire market is divided into two segments namely , replacement farm tires and original equipment ( OE ) farm tires . These segments can be further divided into radial and bias tires . In the US , the replacement segment accounts for the maximum share of the total US farm tire market
The US farm tire market is driven by factors such as rising population , declining rural workforce and increasing disposable income . The few notable trends such as flattening of rear replacement farm tire radialization trend , rising demand of wide-section tires and growing demand of eco-friendly tires . However , the market growth is hindered by declining net farm incomes , high volatility , tighter government and environmental regulation and impact of imported goods .
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The report “ The US Farm Tire Market : Industry Analysis & Outlook ( 2017-2021 )” analyzes the development of this market . The major trends , growth drivers as well as issues being faced by the market are discussed in detail in this report . The four major players : Compagnie Générale des Établissements Michelin SCA , Goodyear Tire & Rubber Company , Inc ., Yokohama Rubber Co ., Ltd . and Titan International , Inc ., are being profiled along with their key financials and strategies for growth . The report contains a comprehensive analysis of the US farm tire market , with the focus on different farm tire segments .
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Some points from TOC :
1 . Introduction 1.1 Tires 1.2 Types of Tires 1.3 Tires by Application 1.4 Farm Tires & Classification www . orbisresearch . com ; + 1 ( 214 ) 884-6817 ; + 9120-64101019