All updated as on -
In 2022, the total market size was estimated at $29,8 billion USD. By 2030's end, it is predicted to have reached US$ 36.1 Billion, having grown at a CAGR of 3.3% between 2023 and 2030.
The bias tyre has several layers of rubber that overlap and form the tyre. Demand for mining machinery is being fueled by an uptick in mining operations worldwide, and agricultural mechanisation is increasing, both of which are contributing to the expansion of the bias tyres market. There are more automobiles on the road thanks to urbanisation, and both the demand for personal and commercial vehicles is on the rise, which in turn affects the market for bias tyres. Furthermore, bias tyres have their own set of benefits and drawbacks. Bias tyres are less expensive than radial tyres and provide a smooth ride on rough surfaces because to its crosshatch structure, which makes the sidewalls of the tyre more durable. Bias tyres have excellent traction, but their tread wears out quickly because of the high rolling resistance. The expansion of the bias tyre market is also anticipated to benefit from the rising need for construction machinery in developing nations. This machinery includes loaders, excavators, heavy trucks, telehandlers, and others.
Bias tyres are becoming increasingly popular in the heavy haul industry as a result of rising concerns for driver and cargo safety. The Bias tyres' robustness and adaptability come from the many rubber plies that are layered on top of one another. These tyres' ply construction might vary widely between applications. Rubber, nylon, steel, fibreglass, and other materials are used. Bias tyres can be made from a variety of different materials, not just one. Bias tyres are excellent choices for unlevel pavement since they can handle rougher terrain without sacrificing ride quality.
Because of its great load-carrying ability and uniform number of plies, bias tyres are widely used on tractors, trailers, and other heavy machinery. Over the projected period, the market is expected to increase as a result of rising demand for low-speed heavy hauling in the agricultural and commercial sectors. In addition, these tyres provide great safety and utility, which is why they are widely used in heavy haul. Bias tyre manufacturers can look forward to significant future revenue development potential thanks to the widespread use of automated and heavy machinery in agriculture. Bias tyres, on the other hand, are only good for low-speed uses since their overlapped plies make them less flexible and more prone to overheating. This limits their ability to produce cutting-edge vehicles. Competition from available substitutes, such as radial tyres, is anticipated to restrain the market going forward. The global market for automobile bias tyres, however, has been expanding slowly but steadily over the past few years, despite these challenges. The gradual increase can be attributed to the car industry's preference for safety.
As radial tyres have become the norm in the automotive industry, the demand for bias tyres has decreased. However, its demand in particular contexts remains driven by a number of causes. Durability, impact resistance, and the capacity to carry substantial weights make these a top choice for specialised markets like off-road vehicles, farm equipment, industrial gear, and classic cars. Bias tyres are typically less expensive to make than radial tyres, which is an important factor. The price is reasonable, which is a plus for both businesses and customers watching their spending. Replacement tyres that meet original manufacturer standards are in high demand since several automakers still mandate bias tyres for various vehicles, especially for off-road or heavy-duty uses. There is a market for these because many older vehicles came equipped with bias tyres and need replacements. In the case of historic or classic automobiles, preserving the vehicle's authentic appearance is typically preferred over upgrading the vehicle's efficiency.
Bias tyres have a multi-ply construction and are made with fabric cords that cross at an angle of 30 to 40 degrees to the tire's tread centerline. These tyres' sidewall and tread are connected by many overlapping rubber plies. The inner plies of biassed tyres are built differently than those of non-biased tyres. A tire's ply is an internal layer that may be constructed from rubber, rubber-coated textiles, steel, nylon, or fibreglass. The plies could be constructed using a combination of the aforementioned materials. After the initial layer has been set up, a second layer, or ply, is put on top of it. Tyres with a greater number of plies are more adaptable and long-lasting, with the optimal amount of plies varying by use.
During the anticipated time period, demand is likely to increase on account of a number of causes, including an increase in urbanisation and the use of products for industrial purposes. One factor that could slow the market for such tyres is their tendency to lose traction at high speeds and get easily overheated. Further, growing industrial activity is driving up demand for minerals and metals mined from their ores, creating promising business prospects over the next few years. More people living in cities means more cars on the road and more building projects, driving up the need for trucks and other commercial vehicles. Demand for agriculture tractors and equipment is expected to be bolstered by the fact that governments in developing countries typically offer more favourable financing options with low interest and subsidies on farming equipment to increase farm output and meet the food needs of their expanding populations. New industries are flourishing in response to a rising need for industrial products. During the projected period, the bias tyre market would also benefit from the expansion of current industries, which is driving the expansion of the car industry.
Report Coverage
Global Bias Tire research report categorizes the market for global based on various segments and regions, forecasts revenue growth, and analyzes trends in each submarket. Global Bias Tire report analyses the key growth drivers, opportunities, and challenges influencing the global market. Recent market developments and Bias Tire competitive strategies such as expansion, product launch and development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key Bias Tire market players and analyses their core competencies in each global market sub-segments.
Key Points Covered in the Report
Competitive Environment:
The research provides an accurate study of the major organisations and companies operating in the global Bias Tire market, along with a comparative evaluation based on their product portfolios, corporate summaries, geographic reach, business plans, Bias Tire market shares in specific segments, and SWOT analyses. A detailed analysis of the firms' recent news and developments, such as product development, inventions, joint ventures, partnerships, mergers and acquisitions, strategic alliances, and other activities, is also included in the study. This makes it possible to assess the level of market competition as a whole.
List of Major Market Participants
Cooper Tire & Rubber Company, Sumitomo Rubber Industries Ltd., Michelin, Bridgestone Corporation, Hankook Tire & Technology Co. Ltd., The Goodyear Tire & Rubber Company, YOKOHAMA Rubber CO. Ltd., Toyo Tire Corporation, Continental AG, Pirelli & C S.p.A.
Primary Target Market
Market Segment:
This study forecasts global, regional, and country revenue from 2019 to 2030. INFINITIVE DATA EXPERT has segmented the global Bias Tire market based on the below-mentioned segments:
Global Bias Tire Market, By Product
All-Season Tires
Summer Tires
Winter / Snow Tires
Global Bias Tire market, By Vehicle Type
Light Commercial Vehicle
Heavy Commercial Vehicle
Construction & Mining Vehicle
Agriculture Tractor
Industrial Vehicle
Global Bias Tire market, Regional Analysis
The bias tyre has several layers of rubber that overlap and form the tyre. Demand for mining machinery is being fueled by an uptick in mining operations worldwide, and agricultural mechanisation is increasing, both of which are contributing to the expansion of the bias tyres market. There are more automobiles on the road thanks to urbanisation, and both the demand for personal and commercial vehicles is on the rise, which in turn affects the market for bias tyres. Furthermore, bias tyres have their own set of benefits and drawbacks. Bias tyres are less expensive than radial tyres and provide a smooth ride on rough surfaces because to its crosshatch structure, which makes the sidewalls of the tyre more durable. Bias tyres have excellent traction, but their tread wears out quickly because of the high rolling resistance. The expansion of the bias tyre market is also anticipated to benefit from the rising need for construction machinery in developing nations. This machinery includes loaders, excavators, heavy trucks, telehandlers, and others.
Bias tyres are becoming increasingly popular in the heavy haul industry as a result of rising concerns for driver and cargo safety. The Bias tyres' robustness and adaptability come from the many rubber plies that are layered on top of one another. These tyres' ply construction might vary widely between applications. Rubber, nylon, steel, fibreglass, and other materials are used. Bias tyres can be made from a variety of different materials, not just one. Bias tyres are excellent choices for unlevel pavement since they can handle rougher terrain without sacrificing ride quality.
Because of its great load-carrying ability and uniform number of plies, bias tyres are widely used on tractors, trailers, and other heavy machinery. Over the projected period, the market is expected to increase as a result of rising demand for low-speed heavy hauling in the agricultural and commercial sectors. In addition, these tyres provide great safety and utility, which is why they are widely used in heavy haul. Bias tyre manufacturers can look forward to significant future revenue development potential thanks to the widespread use of automated and heavy machinery in agriculture. Bias tyres, on the other hand, are only good for low-speed uses since their overlapped plies make them less flexible and more prone to overheating. This limits their ability to produce cutting-edge vehicles. Competition from available substitutes, such as radial tyres, is anticipated to restrain the market going forward. The global market for automobile bias tyres, however, has been expanding slowly but steadily over the past few years, despite these challenges. The gradual increase can be attributed to the car industry's preference for safety.
As radial tyres have become the norm in the automotive industry, the demand for bias tyres has decreased. However, its demand in particular contexts remains driven by a number of causes. Durability, impact resistance, and the capacity to carry substantial weights make these a top choice for specialised markets like off-road vehicles, farm equipment, industrial gear, and classic cars. Bias tyres are typically less expensive to make than radial tyres, which is an important factor. The price is reasonable, which is a plus for both businesses and customers watching their spending. Replacement tyres that meet original manufacturer standards are in high demand since several automakers still mandate bias tyres for various vehicles, especially for off-road or heavy-duty uses. There is a market for these because many older vehicles came equipped with bias tyres and need replacements. In the case of historic or classic automobiles, preserving the vehicle's authentic appearance is typically preferred over upgrading the vehicle's efficiency.
Bias tyres have a multi-ply construction and are made with fabric cords that cross at an angle of 30 to 40 degrees to the tire's tread centerline. These tyres' sidewall and tread are connected by many overlapping rubber plies. The inner plies of biassed tyres are built differently than those of non-biased tyres. A tire's ply is an internal layer that may be constructed from rubber, rubber-coated textiles, steel, nylon, or fibreglass. The plies could be constructed using a combination of the aforementioned materials. After the initial layer has been set up, a second layer, or ply, is put on top of it. Tyres with a greater number of plies are more adaptable and long-lasting, with the optimal amount of plies varying by use.
During the anticipated time period, demand is likely to increase on account of a number of causes, including an increase in urbanisation and the use of products for industrial purposes. One factor that could slow the market for such tyres is their tendency to lose traction at high speeds and get easily overheated. Further, growing industrial activity is driving up demand for minerals and metals mined from their ores, creating promising business prospects over the next few years. More people living in cities means more cars on the road and more building projects, driving up the need for trucks and other commercial vehicles. Demand for agriculture tractors and equipment is expected to be bolstered by the fact that governments in developing countries typically offer more favourable financing options with low interest and subsidies on farming equipment to increase farm output and meet the food needs of their expanding populations. New industries are flourishing in response to a rising need for industrial products. During the projected period, the bias tyre market would also benefit from the expansion of current industries, which is driving the expansion of the car industry.
Report Coverage
Global Bias Tire research report categorizes the market for global based on various segments and regions, forecasts revenue growth, and analyzes trends in each submarket. Global Bias Tire report analyses the key growth drivers, opportunities, and challenges influencing the global market. Recent market developments and Bias Tire competitive strategies such as expansion, product launch and development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key Bias Tire market players and analyses their core competencies in each global market sub-segments.
| REPORT ATTRIBUTES | DETAILS |
|---|---|
| Study Period | 2017-2030 |
| Base Year | 2022 |
| Forecast Period | 2022-2030 |
| Historical Period | 2017-2021 |
| Unit | Value (USD Billion) |
| Key Companies Profiled | Cooper Tire & Rubber Company, Sumitomo Rubber Industries Ltd., Michelin, Bridgestone Corporation, Hankook Tire & Technology Co. Ltd., The Goodyear Tire & Rubber Company, YOKOHAMA Rubber CO. Ltd., Toyo Tire Corporation, Continental AG, Pirelli & C S.p.A. |
| Segments Covered | • By Product |
| Customization Scope | Free report customization (equivalent to up to 3 analyst working days) with purchase. Addition or alteration to country, regional & segment scope |
Key Points Covered in the Report
- Market Revenue of Bias Tire Market from 2021 to 2030.
- Market Forecast for Bias Tire Market from 2021 to 2030.
- Regional Market Share and Revenue from 2021 to 2030.
- Country Market share within region from 2021 to 2030.
- Key Type and Application Revenue and forecast.
- Company Market Share Analysis, Bias Tire competitive scenario, ranking, and detailed company
profiles. - Market driver, restraints, and detailed COVID-19 impact on Bias Tire
Market
Competitive Environment:
The research provides an accurate study of the major organisations and companies operating in the global Bias Tire market, along with a comparative evaluation based on their product portfolios, corporate summaries, geographic reach, business plans, Bias Tire market shares in specific segments, and SWOT analyses. A detailed analysis of the firms' recent news and developments, such as product development, inventions, joint ventures, partnerships, mergers and acquisitions, strategic alliances, and other activities, is also included in the study. This makes it possible to assess the level of market competition as a whole.
List of Major Market Participants
Cooper Tire & Rubber Company, Sumitomo Rubber Industries Ltd., Michelin, Bridgestone Corporation, Hankook Tire & Technology Co. Ltd., The Goodyear Tire & Rubber Company, YOKOHAMA Rubber CO. Ltd., Toyo Tire Corporation, Continental AG, Pirelli & C S.p.A.
Primary Target Market
- Market Players of Bias Tire
- Investors
- End-users
- Government Authorities
- Consulting And Research Firm
- Venture capitalists
- Third-party knowledge providers
- Value-Added Resellers (VARs)
Market Segment:
This study forecasts global, regional, and country revenue from 2019 to 2030. INFINITIVE DATA EXPERT has segmented the global Bias Tire market based on the below-mentioned segments:
Global Bias Tire Market, By Product
All-Season Tires
Summer Tires
Winter / Snow Tires
Global Bias Tire market, By Vehicle Type
Light Commercial Vehicle
Heavy Commercial Vehicle
Construction & Mining Vehicle
Agriculture Tractor
Industrial Vehicle
Global Bias Tire market, Regional Analysis
- Europe: Germany, Uk, France, Italy, Spain, Russia, Rest of Europe
- The Asia Pacific: China,Japan,India,South Korea,Australia,Rest of Asia Pacific
- South America: Brazil, Argentina, Rest of South America
- Middle East & Africa: UAE, Saudi Arabia, Qatar, South Africa, Rest of Middle East & Africa
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