Dublin, March 04, 2016 (GLOBE NEWSWIRE) -- Research and Markets (http://www.researchandmarkets.com/research/qsxtfq/port_and) has announced the addition of the "Port and Industrial Tire Market in Asia-Pacific 2016-2020" report to their offering.

According to the report, higher demand for quality products stemming from growing containerization and maintenance of fleet are boosting the revenues generated in the replacement tire market. Tire dealers that can source specialty tires designed for the port and industrial market have an advantage of being situated in APAC. The region also accounts for the highest number of large container ports, and so dealers of port and industrial tires have huge growth opportunities.

Tire manufacturers have been working aggressively to improve the robustness of tires designed for use in port and airport handling equipment. For instance, the B2 technology (offered exclusively by Michelin) enhances the robustness of the bead zone and extends tire life, and therefore, helps reduce operating costs, optimize machine performance, and improve productivity.

Further, the report states that vehicles that can use on-the-road purpose tires may hamper the growth of the market for tires dedicated for port equipment.

The port and industrial tire market in APAC is expected to grow at a CAGR of 8.25% during the period 2016-2020.

Key questions answered in this report:

• What will the market size be in 2020 and what will the growth rate be?
• What are the key market trends?
• What is driving this market?
• What are the challenges to market growth?
• Who are the key vendors in this market space?
• What are the market opportunities and threats faced by the key vendors?
• What are the strengths and weaknesses of the key vendors?

Key Topics Covered:

PART 01: Executive summary

PART 02: Scope of the report

PART 03: Market research methodology

PART 04: Introduction

PART 05: Market landscape

PART 06: Market segmentation by application

PART 07: Market segmentation by vehicle type

PART 08: Market drivers

PART 09: Impact of drivers

PART 10: Market challenges

PART 11: Impact of drivers and challenges

PART 12: Market trends

PART 13: Vendor landscape

PART 14: Key vendor analysis

Companies Mentioned:

• ATG
• Balkrishna Industries
• Continental Tires
• Michelin
• Nokian
• Armour
• ATG
• Bridgestone
• Camso
• Cheng Shin Rubber
• Cooper Tire & Rubber
• Goodyear Tire & Rubber
• Rovince Tire
• Toyo Tires
• Yokohama Rubber.
  

For more information visit http://www.researchandmarkets.com/research/qsxtfq/port_and

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         Sector: Tyres, Ports and Harbors

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