Persistence Market Research

Global Tyre Inner Tubes Market Adopts Innovation to Stay Competitive 2021

Besides automotives, tyre inner tubes are used largely in the aerospace industry.


New York, NY -- (SBWIRE) -- 03/23/2017 -- The global inner tube industry is dependent on raw materials such as rubber suppliers as well as the buyers which mainly include automotive manufacturers. More than half of the global rubber production goes into the manufacturing of automotive tyres. In addition, the inner tube and tyre industry serve as the largest application segment in the overall rubber industry. The Rubbers Manufacturers Association (RMA) represent the rubber industry where members of the association contribute to more than half of revenues generated in the rubber industry. The industry for inner tubes has always been dependent on the automotive industry. The degree of competition between the tyre inner tube manufacturers has been strong, specifically for original equipment manufacturers (OEM) among the tyre manufacturers. Due to the fact that automobile end users are more inclined towards purchasing replaced tyres of the same product which is originally sold on the car, tyre and inner tube manufacturers have to reluctantly reduce the prices and have to make the automobile manufacturers select their product, which leads to high bargaining power of buyers.

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Besides automotives, tyre inner tubes are used largely in the aerospace industry. 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. Companies such as Dunlop have been involved in the industry as a key player which manufactures tyres used in military aircrafts from the well known Vulcan and Spitfire to the modern F-35 Joint Strike Fighter, Heavy military aircraft such as C-130, the Tornado and the Hawk, and the latest A400M. The company serves various segments of the military aviation industry such as marine corps, naval forces and air forces across the world with tyres designed to give maximum operation characteristics in the fluctuating environmental conditions as well.

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Bridgestone Corporation, Dunlop, Goodyear, Michelin, and Schrader International are some of the key players involved in the tyre inner tube industry.