According to a new country report published by Lucintel, the future of carbon black tire market in the United States looks promising with opportunities in the passenger car tire, and commercial vehicles tire. The carbon black tire market in the United States is primarily driven by strong demand for tires from passenger cars and commercial vehicles.
This report studies factors affecting the carbon black tire market in the United States from both demand and supply sides. The report also analyzes growth opportunities in different applications and provides comprehensive data and analysis on trends, key drivers, and directions.
Among various growth areas, Lucintel forecasts that demand for carbon black in commercial vehicles is likely to experience the significant growth in the forecast period supported by rapid development of the transportation infrastructure in emerging nation and recovery in global economy. Within the carbon black tire market in the United States, carbon black tire market, the replacement tire industry is expected to remain the largest segment over the forecast period. Rising average vehicle life and continuous expansion of automotive vehicle fleet is expected to spur growth for this segment over the forecast period.
Emerging trends, which have a direct impact on the dynamics of the carbon black tire industry, include the shift from commodity to more specialize grade carbon black, growing usage of recycled and bio-based carbon black and increasing merger and acquisition activities to consolidate the market.
Lucintel, a leading global strategic consulting and market research firm, has analyzed the current market trends, forecasts, new market opportunities, and competitive landscape for the carbon black tire market in the United States and has come up with a comprehensive research report entitled “Opportunities for the Carbon black tire market in the United States.” The Lucintel report serves as a catalyst for growth strategies, as it provides comprehensive data and analysis on trends, key drivers, and directions. The study includes the market size and forecast for the carbon black tire market in the United States by application, and end use industry as follows:
Carbon black tire market by Application [volume (Kiloton) and $M shipment analysis for 2014– 2025]:
• Passenger Car Tire
• Commercial Vehicles Tire
• Others
Carbon black tire market by end user industry volume (Kiloton) and $M shipment analysis for 2014– 2025]:
• OEM
• Replacement
This 60-page country research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed scope, benefits, and other details of this report, please contact Lucintel at +1-972-636-5056 or click on this link https://www.lucintel.com/United-States/opportunities-for-the-carbon-black-tire-market.aspx or write to us at helpdesk@lucintel.com
About Lucintel
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