Bicycle Tire (BC) Market Manufacturers, Types, Regions and Applications Research Report Forecast to 2025
The
Global Bicycle
Tire (BC) Market is expected to obtain significant CAGR in the
anticipated period. In the global era, bicycles are now seen as an efficient
mode of transportation, fitness and recreation and are also expected to keep on
rising every year. Features such as cycling is fun, cycling is healthy, cycling
is a low impact exercise, practical and convenient and moreover it being good
for environment gains a lot of traction for the sale of bicycle and bicycle
accessories.
However,
especially, wheels can be designed that rolls steel strips into hoops are
welded into rims, the rims are then drilled to accept spokes which are fastened
one round at a time between the hub flange and the rim. Further, a wheel must
be trued, straightened in lateral and radial directions to gain a uniform tension.
Rim liner, tire and inner tube are then attached, and the chain can be further
fit onto the bicycle.
The
rear wheels are fit with a free-wheel, comprising several cogs and spacers that
free the rear wheel from crank when the rider halts. The bicycle tires enable
an important source of suspension and produce the lateral forces needed for
turning and balancing. Driving forces responsible for the growth of bicycle
tire (BC) market includes rise in cycle sales owing to growth in cycle and
fitness enthusiasts. However, pricing constraints are some factors that may
hinder the market growth in the forthcoming period. Based on product
segmentation, the bicycle tire (BC) industry includes off-road bike, racing
bike and normal bike. Segmentation based on type, the market includes
clinchers, tubeless and tubular.
Geographical
segmentation for bicycle tire (BC) market includes North America, South
America, Europe, Asia-Pacific, Middle-East and Africa. Asia-Pacific market
witnessed a significant CAGR growth in the specified period due to rise in
fitness enthusiasts and health awareness in people. Also, factors such as
availability of various types of bicycle and related accessories are likely to
dominate the market growth. Europe and North America bicycle tire (BC) industry
anticipated in a higher growth due to rise in demand for terrain bikes coupled
with tubeless tyres. Middle-East and African market are also expected to grow
rapidly in the near future owing to rise in consumer goods coupled with rise in
manufacture of bicycle tire.
The
key players in the bicycle tire (BC) market include Michelin, Continental AG,
Kenda Tires, Vittoria Group, Maxxis International, Schwalbe Tires, Ralson
Tyres, SuomenRengastehdas, Hwa Fong Rubber, Zhoncge Rubber Group Company
Limited, Inoue Rubber Co, Vredestein, Challenge and Zipp.
Market Segment:
Geographically, this report is segmented
into several key Regions, with production, consumption, revenue (million USD),
market share and growth rate of Bicycle Tire (BC) in these regions, from 2013
to 2025 (forecast), covering
•
North America
•
Europe
•
China
•
Japan
•
Southeast Asia
•
India
Global Bicycle Tire (BC) market
competition by top manufacturers, with production, price, revenue (value) and
market share for each manufacturer; the top players including
•
Michelin
•
Continental Ag
•
Vittoria Group
•
Kenda Tires
•
Maxxis International
•
Schwalbe Tires North America
•
Suomen Rengastehdas
•
Ralson Tyres
•
Zhongce Rubber Group Company Limited
•
Hwa Fong Rubber
•
Clement
•
Inoue Rubber Co.
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