On a Roll: as Total Vehicle Miles Increase, Industry Revenue is Expected to Rise
Tire Retreading & Recapping
Over the five years to 2018, operators in the Tire Retreading and Recapping industry have experienced revenue growth. Most of this growth came from greater activity in the truck transportation sector and an increase in total vehicle miles. Over the next five years, anticipated stable increases in truck transportation, along with increases in input prices and total vehicle miles, are expected to increase demand for retreaded tires, boosting revenue for industry operators. Furthermore, the prices of commodities such as rubber and oil are expected to rise again, further benefiting industry operators.
Operators in this industry retread tires for commercial, industrial and consumer use. The retreading process involves inspecting the existing tire casing for defects, buffing the remaining tread and retreading the tire using either the pre-cure method or the mold-cure method.
This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.
Table of Contents
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- The Goodyear Tire & Rubber Company
- Bridgestone Corporation
- Compagnie Generale des Etablissements Michelin
- Southern Tire Mart LLC
Methodology
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