Retread Tires Market Size Estimated to Observe Significant Growth by 2025

Retreading is a re-manufacturing process through which old and worn out tire treads are replaced by new ones. Retreading is applied to casings of old tires after inspection. Retreading of tires costs at least 40% less than the cost of a new tire. The cost effectiveness offered by Retread tires is one of the primary factors driving market growth, which is further supplemented by the robust growth of the transportation industry. Furthermore, retread tires and tire retreading are environment-friendly solutions and hence, are witnessing support from various regulating bodies encouraging the use of retread tires.
In 2019, the market size of Retread Tires is xx million US$ and it will reach xx million US$ in 2025, growing at a CAGR of xx% from 2019; while in China, the market size is valued at xx million US$ and will increase to xx million US$ in 2025, with a CAGR of xx% during forecast period.

In this report, 2018 has been considered as the base year and 2019 to 2025 as the forecast period to estimate the market size for Retread Tires.

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- List of Tables & Figures

- Charts

- Research Methodology

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This report studies the global market size of Retread Tires, especially focuses on the key regions like United States, European Union, China, and other regions (Japan, Korea, India and Southeast Asia).

This study presents the Retread Tires production, revenue, market share and growth rate for each key company, and also covers the breakdown data (production, consumption, revenue and market share) by regions, type and applications. history breakdown data from 2014 to 2019, and forecast to 2025.

For top companies in United States, European Union and China, this report investigates and analyzes the production, value, price, market share and growth rate for the top manufacturers, key data from 2014 to 2019.

In global market, the following companies are covered:

Tire Recappers
Canton Bandag Tire Co
New England Truck Tire Centers
Marangoni
Southside Tire

Market Segment by Product Type

Pre Cure Process
Mold Cure Process

Market Segment by Application

OEM Service Providers
Independent Service Providers

Key Regions split in this report: breakdown data for each region.

United States
China
European Union
Rest of World (Japan, Korea, India and Southeast Asia)

Key questions addressed by the report:

Where will all these developments take Retread Tires in the mid- to long-term?
What are the upcoming technological trends in the Retread Tires market?
What are the opportunities for various players that exist at present and those that are planning to enter at different stages of the value chain?
How growth strategies implemented by key players will impact the growth rate of the Retread Tires market, and who will have the undue advantage?
What are the current adoption trends of the Retread Tires market?

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