Global Automotive Super Swamper Tires Market 2017-2021
About Automotive Super Swamper Tires
A super swamper is an off-the-road (OTR) tire typically used in extremely muddy terrain, and hence requires deeper, wider treads for better grip and traction. These tires have an aggressive tread design. These tires have giant lugs and deep voids along with reinforced sidewalls that remain durable with time and use. Usually, super swamper tires find use in rock crawling and in mud terrains, thus impelling the use of reinforced sidewalls. Super swamper tires can come in either radial or bias ply, with the best traction achieved through a low air-pressure bias ply combination.
Technavio’s analysts forecast the global automotive super swamper tires market to grow at a CAGR of 14.05% during the period 2017-2021.
Covered in this report
The report covers the present scenario and the growth prospects of the global automotive super swamper tires market for 2017-2021. To calculate the market size, the report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources.
The market is divided into the following segments based on geography:
Technavio Announces the Publication of its Research Report – Global Automotive Super Swamper Tires Market 2017-2021
Technavio recognizes the following companies as the key players in the global automotive super swamper tires market: Bridgestone, Continental, Goodyear Tire & Rubber, Michelin, and Interco Tire
Other Prominent Vendors in the market are: Maxxis, BFGoodrich, and Pitbull Tires
Commenting on the report, an analyst from Technavio’s team said: “Tire manufacturers have been working to improve the robustness of tires designed for use in OTR applications. For instance, the B2 technology (offered exclusively by MICHELIN) enhances the robustness of the bead zone, extends the tire life, helps reduce the operating costs, optimizes machine performance, and improves productivity. In another example, MICHELIN Stabil’x XZM radial tires reduce the damage that follows heat generation and eliminates all tube-related problems through the innovation of tubeless bead seals, which replaced the need for a tube and flap. This radial tire also offers better resistance to road hazards and punctures.”
According to the report, the growth of SUVs has been sudden, wherein the global automotive industry has witnessed a dramatic increase in the volume sales of sports utility vehicle. According to an estimate, the SUVs accounted for just 4% of the global automotive sales in 2000. The global SUV market was niche during the initial years of the 21st century with the Americas as the major contributor. However, in the last decade, the demand for SUVs has grown substantially with high volume sales in Europe and the Asian automotive market as well. According to a study, the SUVs accounted for almost 15% of the global new car registrations in 2014. The SUVs have carried the tag of being safer, reliable, economical, and affordable since the last 7-8 years, which has led to their growing popularity. In addition, the shift in the consumer preference for off-road vehicles is further fueling the growth of SUVs in the global automotive market.
Further, the report states that the EPA and NHTSA have jointly circulated fuel economy and GHG standards for pickup trucks (mostly for vehicles over 8,500 pounds gross vehicle weight). In the US, the EPA has set an objective to control vehicle emissions by reducing CO2 emission levels to 109 grams for every kilometer by 2025. This would be nearly half of the 2010 CO2 emission levels. The principal sources of transportation-related greenhouse gas emissions in the US come from passenger cars and light-duty trucks including pickup trucks. Passenger cars, minivans, SUVs, and pickup trucks contribute to about 25% of the total amount of the global CO2 emission in 2015.
Bridgestone, Continental, Goodyear Tire & Rubber, Michelin, Interco Tire, Maxxis, BFGoodrich, and Pitbull Tires