Global Tire Retreading Market Professional Survey Report 2019

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.
The increased utilization of internet-based reporting system for effectual customer services is one of the key trends that will contribute to the growth of this market. The increased competition levels among players for retreaded tires is compelling manufacturers to restructure their operational processes and increase customer satisfaction using effectual customer services such as internet-based reporting systems. Goodyear Tire & Rubber Company have their authorized retreading process and an exclusive production control with a performance reporting system. This system keeps track of the retreads from pick-up to delivery using many barcode labeling and also offers cost reports to customers.
The China Retread Tires market is expected to represent significantly high incremental opportunity between 2017 and 2023 and the South East Asia & Pacific Retread Tires market is projected to expand at significant CAGR in terms of volume over the forecast period. 

The global Tire Retreading market was valued at 7820 million US$ in 2018 and will reach 11000 million US$ by the end of 2025, growing at a CAGR of 4.4% during 2019-2025.
This report focuses on Tire Retreading volume and value at global level, regional level and company level. From a global perspective, this report represents overall Tire Retreading market size by analyzing historical data and future prospect.
Regionally, this report categorizes the production, apparent consumption, export and import of Tire Retreading in North America, Europe, China, Japan, Southeast Asia and India.
For each manufacturer covered, this report analyzes their Tire Retreading manufacturing sites, capacity, production, ex-factory price, revenue and market share in global market.

The following manufacturers are covered:
Bridgestone Corp.
The Goodyear Tire and Rubber
Marangoni S.p.A
Valley Tire Company
Parrish Tire Company
TreadWright
Redburn Tire Company
Oliver Rubber Company

Segment by Regions
North America
Europe
China
Japan
Southeast Asia
India

Segment by Type
Pre Cure
Mold Cure

Segment by Application
Passenger Cars
Light Commercial Vehicles
Heavy Commercial Vehicles

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This market study covers the global and regional market with an in-depth analysis of the overall growth prospects in the market. Furthermore, it sheds light on the comprehensive competitive landscape of the global market. The report further offers a dashboard overview of leading companies encompassing their successful marketing strategies, market contribution, recent developments in both historic and present contexts.

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