Tire Retreading Market Is Expected to Witness Double Digit CAGR Growth over the Span of Next 10 Years
Tire retreading, also known as tire remolding, is the process through which selected and inspected tires receive a new tread. The worn tread is buffed away and the new tread is bonded through a process which is quite similar to the process of manufacturing a new tire. The market for remanufactured tires hasgrown at a significant pace over the past decade, the primary reason being the low cost advantage that remanufactured tires offer to end users in comparison to new...
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