Free press releases distribution network?

Agency / Source: TechSci Research

Check Ads Availability|e-mail Article


Are you the owner of this article?, Turn it PREMIUM with your LOGO instead - and make it 3rd party Ads-Free! within the next hour!



Huge Domestic Fleet and Increasing Automobile Exports Boosting U.S Tyre Market Says TechSci Research - Large fleet of approximately 251.5 million passenger cars and commercial vehicles is fueling replacement demand for tyres in the U.S - TechSciResearch.com
Huge Domestic Fleet and Increasing Automobile Exports Boosting U.S Tyre Market Says TechSci Research

 

PRZOOM - /newswire/ - Burnaby, British Columbia, Canada, 2014/04/30 - Large fleet of approximately 251.5 million passenger cars and commercial vehicles is fueling replacement demand for tyres in the U.S - TechSciResearch.com.

   
 
Your Banner Ad Here instead - Showing along with ALL Articles covering Automotive/Trucking/RV Announcements

Replace these Affiliate Programs at ANYTIME! Your banner here within the next hour. Learn How!


 

The United States automobile market is the second largest automobile market in the world. About 16 major auto manufacturers such as Chrysler Group LLC, General Motors Co. and Ford Motor Co. are currently operating in the country’s automobile market. Subsequent to exhibiting sluggish growth due to negative economic scenario over the last few years, the automobile sales in the US are witnessing a revival, which is supporting the growth of tyre sales. In 2012, automobile manufacturers in the country produced more than 10 million vehicles, consequently, fueling the demand for tyres by the OEM segment in the country.

There are around 40 major tyre production plants that are involved in the production of passenger car tyres, commercial vehicle tyres and off-the-road (OTR) tyres in the US. Michelin North America, Inc. has the highest tyre production capacity, followed by Goodyear Tire & Rubber Co., Cooper Tire & Rubber Co., and Bridgestone America, Inc. Presently, southern states dominate in terms of the overall tyre production in the country. Many domestic and foreign tyre manufacturing companies like Bridgestone, Yokohama, Hankook, Michelin, Toyo, etc. are increasingly investing in the southern states of the US.

“With sales of around 7.59 million passenger cars in 2013, the passenger car fleet in the US crossed 125 million mark. This huge car fleet is augmenting the demand for passenger car tyres in the replacement market. Further, the US is one of the largest passenger car exporters in the world. As a result, with growing demand for passenger cars across the globe, the US passenger car exports are also projected to increase in coming years, which would consequently boost the passenger car production, and thereby, the demand for passenger car tyres from the OEM sector.”, said Mr. Karan Chechi, Research Director with TechSci Research, a research based global management consulting firm.

According to “United States Tyre Market Forecast & Opportunities, 2019”, the US tyre market is forecast to grow at a CAGR of about 6%, in volume terms, during 2014-19. The growth would be significantly supported by the increasing demand for passenger car tyres, especially utility vehicle tyres and light duty truck tyres. Also, increasing demand for commercial tyres from recovering construction sector, small medium enterprises (SMEs) and mining sector of the country would boost the demand for commercial and OTR vehicle tyres over the next five years.

“United States Tyre Market Forecast and Opportunities, 2019” has evaluated the future growth potential of the US tyre industry and provides statistics and information on market structure, exports and future growth of the country’s tyre industry. The report is intended to provide cutting-edge market intelligence and help decision makers to take sound investment evaluation. Besides all this, the report also identifies and analyzes the emerging trends along with essential drivers, challenges and opportunities in the US tyre industry.

 
 
Your Banner Ad Here instead - Showing along with ALL Articles covering Automotive/Trucking/RV Announcements

Replace these Affiliate Programs at ANYTIME! Your banner here within the next hour. Learn How!


 

Agency / Source: TechSci Research

 
 

Availability: All Regions (Including Int'l)

 

Traffic Booster: [/] Quick PRZOOM - Press & Newswire Visibility Checker

 

Distribution / Indexing: [+]

 
 
# # #
 
 
  Your Banner Ad showing on ALL
Automotive/Trucking/RV articles,
CATCH Visitors via Your Competitors Announcements!


Huge Domestic Fleet and Increasing Automobile Exports Boosting U.S Tyre Market Says TechSci Research

Company website links NOT available to basic submissions
It is OK to republish and/or LINK any newswire for any legitimate media purpose as long as you name PRZOOM - Press & Newswire and LINK as the source.
 
  For more information, please visit:
Is this your article? Activate ALL web links by Upgrading to Press Release PREMIUM Plan Now!
|
Contact: Ken Mathews - TechSciResearch.com 
+91 12 04316223 ken.mathews[.]techsciresearch.com
 
PRZOOM / PRTODAY - Newswire Today disclaims any content contained in this article. If you need/wish to contact the company who published the current release, you will need to contact them - NOT us. Issuers of articles are solely responsible for the accuracy of their content. Our complete disclaimer appears here.
IMPORTANT INFORMATION: Issuance, publication or distribution of this press release in certain jurisdictions could be subject to restrictions. The recipient of this press release is responsible for using this press release and the information herein in accordance with the applicable rules and regulations in the particular jurisdiction. This press release does not constitute an offer or an offering to acquire or subscribe for any TechSci Research securities in any jurisdiction including any other companies listed or named in this release.

Automotive/Trucking/RV via RSSAdd NewswireToday - PRZOOM Headline News to FeedBurner
Find who RetweetFollow @NewswireTODAY



Are you the owner of this article?, Turn it PREMIUM with your LOGO instead - and make it 3rd party Ads-Free! within the next hour!




Read Latest Press Releases From TechSci Research / Company Profile


Read Automotive/Trucking/RV Most Recent Related Press Releases:

Frost & Sullivan Names Drivewyze Company of the Year
Auto Hrvatska, Croatian Importer of MAN Truck & Bus Celebrates its 65th Anniversary
Original Equipment Service Providers in the CV Aftermarket to Edge Out Independent Aftermarket Participants Finds Frost & Sullivan
Frost & Sullivan Commends High Mobility's Potential to Disrupt the Connected Car Market
Beam Axle Market to See Incredible Growth During 2017-2025 Says Persistence Market Research
Suspension Ball Joint Market Rugged Expansion Foreseen by 2025 According to Persistence Market Research
Automotive Manufacturers Leverage Fintech through Partners to Deliver A Differentiated In-vehicle Experience Finds Frost & Sullivan
Axle Bushes Market to Witness Growth Acceleration During 2017-2025 Says PMR
Favourable Government Initiatives and New EV Business Models Boost Poland’s Electromobility Market Finds Frost & Sullivan
Car Washing System Market to Witness Comprehensive Growth by 2026 Reports Persistence Market Research

Boost Your Social Network
& Crowdfunding Campaigns


LIFETIME SOCIAL MEDIA WALL
 
NewswireToday Celebrates 10 Years in Business
Find business coaching, life coaching, executive coaching and corporate coaching, best selling coaching books, ...



PREMIUM Members


Visit  BizJobs.com

Visit  JobsWare.com

Visit  RightITnow Ltd







 
  ©2017 PRZOOM — Limelon Advertising, Co.
Home | About PRZOOM | Advertise/Pricing | Contact | Investors | Privacy/TOS | Sitemap | FRANCAIS
newswire, PR press releases distribution service magazines engine news alert newsroom press room breaking news public relations articles company news alerts newswiredistribution ezine bizentrepreneur biznewstoday digital business report market search pr firms agencies reports distri-bution today investor relation successful internet entrepreneur newswire distribution prtoday.com freenewswiredistribution asianewstoday bizwiretoday USA pr UK today