Retreaded tires are fabricated through the process of retreading of old tires. For the retreading process, a worn casing of a tire with good structural quality is detached from the car, and furnished with refurbished tread and sidewall rubber. The revamped tire, thus, obtained is then subject to a curing process that causes the new rubber to vulcanize to the original casing. This results in the new tire with a new tread pattern.
Primarily, retreaded tires face quality concerns, as the history of the original tire is unknown. The strength of retreaded tires is always a question compared to a new tire; however, if they are from a reputed manufacturer and fitter, the reliability and safety standard testing is assured.
Over the years, with technological advancements in the manufacture of tires, processes for the manufacture of retreaded tires have also improved. This has helped consumers to gain confidence in the use of retreaded tires, thus translating into growth opportunities in the retreaded tire market.
Retreaded Tire Market – Key Findings of Report
Online B2B Ordering, Technical Support amid COVID-19 Favors Market Growth
With COVID-19 still prevalent, the demand for tires for all types of vehicles has witnessed a slump. The slowdown of economies in most parts of the world has led to decline in the demand for all types of tires, including retreaded tires.
Thus, to revive growth of the retreaded tire market, companies are going the extra mile to offer technical support and online ordering, which is also helping them gain visibility. For instance, Marangoni– a worldwide recognized manufacturer for tire retreading systems, is mainly focusing on expanding B2B online ordering system and offering after-purchase technical support.
Strong expertise with attention to detail makes our market research reports stand apart, Request a Report Sample at
Furthermore, amid the pandemic, players in the retreaded tire market are adopting contingency plans to revive sales. Manufacturers of retreaded tires are collaborating with fleet operators to serve them directly for these products. For instance, Bandvulc Tyres Ltd, Plymouth – a vendor of recycled and retreaded tires for commercial trucks and lorries, is gaining recognition for administering sales with such arrangements during the pandemic.
Knowledge Sharing Pursuits to Drive Sales
Several players in the retreaded tire market are undertaking efforts to increase the understanding of retreaded tires. For instance, Michelin– a French multinational tire manufacturing company is striving to expand consumer knowledge about MICHELIN Remix retreaded tires. The company is emphasizing on performance levels, safety, robustness, and mileage of the product same as that of new MICHELIN tires.
For best results of such efforts, manufacturers in the retreaded tire market are setting up online portals for knowledge sharing and helping optimize running costs of fleet companies as an added service – the latter being the leading revenue contributor to the said market.
Request for Analysis of COVID-19 Impact on Retreaded Tire Market at
Large Manufacturing Base Makes U.K. Prominent Market for Retreaded Tires
The public transportation system in the U.K., of which buses are prominent, are mostly fitted with retreaded tires. The increasing number of end-of-life truck tires in the country each year is evident of the rising popularity of retreaded tires. Furthermore, more than 90% of retreaded tires for trucks used in the country are manufactured domestically.
The high volume demand for retreaded tires in the U.K. also provides employment opportunities to several thousand workers. This is grabbing the attention of stakeholders in the retreaded tire market to expand operations in the U.K.
Transparency Market Research is a next-generation market intelligence provider, offering fact-based solutions to business leaders, consultants, and strategy professionals. Our reports are single-point solutions for businesses to grow, evolve, and mature. Our real-time data collection methods along with ability to track more than one million high growth niche products are aligned with your aims. The detailed and proprietary statistical models used by our analysts offer insights for making right decision in the shortest span of time. For organizations that require specific but comprehensive information, we offer customized solutions through adhoc reports. These requests are delivered with the perfect combination of right sense of fact-oriented problem solving methodologies and leveraging existing data repositories.
TMR believes that unison of solutions for clients-specific problems with right methodology of research is the key to help enterprises reach right decision.