Global Specialty Tire Market 2016-2020 - Rise in Demand for Construction and Mining Machines - Research and Markets

Research and Markets (http://www.researchandmarkets.com/research/9gghm7/global_specialty) has announced the addition of the "Global Specialty Tire Market 2016-2020" report to their offering.

The global specialty tire market to grow at a CAGR of 3.68% during the period 2016-2020.

Global Specialty Tire Market 2016-2020 has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

The report covers the present scenario and the growth prospects of the global specialty tire market for 2016-2020. To calculate the market size, the report considers the total production of specialty tires for OEMs and aftermarket sales.

Specialty tires are manufactured with a focus on specific applications that require better durability and safety. As these are used in aircraft, mining trucks, agricultural machines, construction equipment, and heavy trucks, the tires are exposed to extreme conditions.

According to the report, the mining and construction industries are major users of specialty tires. Currently, investments in the mining industry are increasing, as there is high demand for metals and other related commodities. Demand for large and ultra-large radials for mining equipment and construction machinery is also growing rapidly.

Further, the report states that the biggest concern in the tire industry is to reduce the impact of used tires on the environment.

The market is divided into the following segments based on application:

- Agricultural tires

- Aircraft tires

- HCV and mining

- Others

Key vendors

- Alliance Tire Group

- Bridgestone

- Continental

- Goodyear Tire and Rubber

- Michelin

Other prominent vendors

- Armour Tires

- BalKrishna

- Industries

- Akuret

- American Farmer

- Carlisle

- Harvest King

- Mitas

For more information visit http://www.researchandmarkets.com/research/9gghm7/global_specialty

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