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The publisher has been monitoring the forklift tires market and it is poised to grow by $ 731.56 mn during 2022-2026, accelerating at a CAGR of 5.99% during the forecast period. The report on the forklift tires market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.Speak directly to the analyst to clarify any post sales queries you may have.
The report offers an up-to-date analysis regarding the current global market scenario, latest trends and drivers, and the overall market environment. The market is driven by increasing demand and production for commercial vehicles, rising preference in material handling applications, and increasing demand for polyurethane forklift tires.
The forklift tires market analysis includes the class type segment and geographic landscape.
The analyst's forklift tires market is segmented as below:
By Class Type
- Class 4 and 5
- Class 32
- Class 31
- Class 1
- Class 2
By Geographical Landscape:
- APAC
- Europe
- North America
- South America
- Middle East and Africa
This study identifies the use of 3-dimensional (3D) printing as one of the prime reasons driving the forklift tires market growth during the next few years. Also, increasing demand for fuel cell-powered forklift trucks and rapid growth in logistic and e-commerce retail industries will lead to sizable demand in the market.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters. The report on forklift tires market covers the following areas:
- Forklift tires market sizing
- Forklift tires market forecast
- Forklift tires market industry analysis
The analyst's robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading forklift tires market vendors that include Advance Tire Inc., Balkrishna Industries Ltd., Bridgestone Corp., CEAT Ltd., Continental AG, Hankook Tire and Technology Co. Ltd., HEXPOL AB, Michelin Group, NEXEN TIRE Corp., The Goodyear Tire and Rubber Co., Titan International Inc., Toyota Motor Corp., Trelleborg AB, TVS Srichakra Ltd., Velox Tyres Pvt. Ltd., Yokohama Rubber Co. Ltd., and Nokian Tyres Plc. Also, the forklift tires market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The analyst's market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.
Table of Contents
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Five Forces Analysis
5 Market Segmentation by Class Type
6 Customer Landscape
7 Geographic Landscape
8 Drivers, Challenges, and Trends
9 Vendor Landscape
10 Vendor Analysis
Exhibit 138:
List of Exhibits
Executive Summary
The publisher recognizes the following companies as the key players in the global forklift tires market: Advance Tire Inc., Balkrishna Industries Ltd., Bridgestone Corp., CEAT Ltd., Continental AG, Hankook Tire and Technology Co. Ltd., HEXPOL AB, Michelin Group, NEXEN TIRE Corp., The Goodyear Tire and Rubber Co., Titan International Inc., Toyota Motor Corp., Trelleborg AB, TVS Srichakra Ltd., Velox Tyres Pvt. Ltd., Yokohama Rubber Co. Ltd., and Nokian Tyres Plc.Commenting on the report, an analyst said: "The latest trend gaining momentum in the market is use of 3-dimensional (3D) printing."
According to the report , one of the major drivers for this market is the increasing demand and production for commercial vehicles.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- Advance Tire Inc.
- Balkrishna Industries Ltd.
- Bridgestone Corp.
- CEAT Ltd.
- Continental AG
- Hankook Tire and Technology Co. Ltd.
- HEXPOL AB
- Michelin Group
- NEXEN TIRE Corp.
- The Goodyear Tire and Rubber Co.
- Titan International Inc.