Green Tire Market Comprehensive Study Explore Huge Growth in Future texasguardian.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from texasguardian.com Daily Mail and Mail on Sunday newspapers.
Sumitomo Rubber Industries Ltd. plans to invest $122 million over three years to increase capacity for car, light truck and medium truck tires at its factory in Tonawanda, N.Y.
Sumitomo Rubber Industries, Ltd., the world’s fifth largest tire manufacturer, will invest $122 million in the Sheridan Drive facility and will add new jobs.
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Spark Foundry has announced that tyre brand Falken, part of Sumitomo Rubber Industries, will sponsor a series of programmes on UKTV’s entertainment channel, Dave.
Falken’s tyres deliver the performance and durability of premium manufacturers whilst still providing exceptional value. Spark Foundry has supported Falken tyre UK distributor, Micheldever,
with a new advertising strategy for the Falken tyre brand, spearheaded by the Dave TV sponsorship. In line with Falken’s growth in the UK, this marks the first national TV campaign for the tyre brand.
Falken idents will appear before and after selected programmes – collectively called Characters on Dave. These will include popular shows such as QI XL, Travel Man and Would I Lie To You?. The campaign will run from Monday 1 February until November 2021
Truck & Bus Radial (TBR) Tire Market: Overview
The global truck & bus radial (TBR) tire market is anticipated to expand at a CAGR of ~
6%, primarily driven by the rise in miles driven by trucks worldwide
Drivers of Truck & Bus Radial (TBR) Tire Market
Steady rise in the production of medium-duty trucks, globally, has boosted the demand for TBR tires. Logistics and road transportation sectors have witnessed rapid expansion in Asia Pacific, which has fueled the demand for TBR tires in the region. Steady economic expansion post 2008 financial crisis propelled the demand for trucks in developed and developing countries.
Favorable trade agreements and entry of commercial vehicle manufacturers in Latin America and Asia Pacific have driven the demand for TBR tires