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Los Angeles, CA -- (SBWIRE) -- 03/16/2019 -- Aircraft tyres are one of the most highly engineered products having significant complexity which require large number of raw materials pertaining to steel, cord fabric, artificial and natural rubber and other chemicals. Aircraft tyres have cords which serve as the reinforcing materials in the tyre that provide dimensional stability, supporting the aircraft weight, as well as keeping the tyres in shape different road conditions. Aircraft tyres play a vital role in the performance of the aircraft.
The global demand for aircraft tyres has been significant due to growth from the aircraft industry, particularly commercial aircrafts, which have witnessed huge surge in demand for advanced and new aircraft, which are largely influenced by certain factors such as network expansion by new airlines as well as entry of new airlines. Other prominent factors such as replacing obsolete aircrafts, rise air passenger traffic, growing demand for fuel efficient aircrafts and healthy economic growth shown by emerging markets has also contributed towards the growth of the aircraft tyres market. Large scale corporations such as Goodyear, Bridgestone Corporation, and Dunlop are significantly involved in the manufacturing of aircraft tyres that are eco-friendly, more intelligent, economical, safer and less noisy. They are consumed in significant quantities for various civil and military applications, where military operation hold huge demand on aircraft tyres where loads can be highly substantial with speed going more than 225 miles per hour.
Asia Pacific held a substantial share of the market and it is likely to maintain its position in the market during the forecast period. Asia Pacific includes a large number of emerging economies such as India, China, and South Korea. Rise in disposable income coupled with rising business activity has led to increasing number of domestic and international air passengers in this region. This, in turn, is likely to drive the aircraft tire market during the forecast period. Relaxation in regulation in the aviation industry and rise in number of budget airlines are expected to fuel the aircraft tire market in the region.
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This report focuses on Aircraft Tyres volume and value at global level, regional level and company level. From a global perspective, this report represents overall Aircraft Tyres market size by analyzing historical data and future prospect. Regionally, this report focuses on several key regions: North America, Europe, China and Japan.
At company level, this report focuses on the production capacity, ex-factory price, revenue and market share for each manufacturer covered in this report.
The following manufacturers are covered:
Dunlop Aircraft Tyres
The Triangle Group
Segment by Regions
Segment by Type
Segment by Application
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