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Bicycle Tyre Market to Grow by USD 477.69 Million, Accelerates at a CAGR of About 3%

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NEW YORK, April 28, 2021 /PRNewswire/
The bicycle tyre market is set to grow by USD 477.69 million, progressing at a CAGR of about 3% during 2021-2025. The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment.
Technavio has announced its latest market research report titled Bicycle Tyre Market by Application and Geography - Forecast and Analysis 2021-2025

The market is fragmented, and the degree of fragmentation will accelerate during the forecast period. Bridgestone Corp., Cheng Shin Rubber Ind. Co. Ltd., Continental AG, Donnelly Cycling, Hermann Hartje KG, Hwa Fong Rubber Ind. Co. Ltd., MICHELIN, Rene Herse Cycles, THE GOODYEAR TIRE & RUBBER Co., and Trek Bicycle Corp. are some of the major market participants. The growing need for fitness activities will offer immense growth opportunities. To leverage the current opportunities, market vendors mus ....

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Hwa Fong joins Taiwan tire makers' bid for alternative to import duties

Hwa Fong joins Taiwan tire makers bid for alternative to import duties
Print
WASHINGTON Hwa Fong Rubber Ind. Co. Ltd., Taiwan s No. 5 tire maker which goes to market under the Duro brand, has added its support to the proposal four other Taiwan tire companies put forth a week ago as an alternative to import duties.
Cheng Shin Rubber Ind. Co. Ltd., Federal Corp., Kenda Rubber Industrial Co. Ltd. and Nankang Rubber Tire Corp. Ltd. submitted a proposal to the Department of Commerce on Jan. 13 asking the U.S. government to consider suspending its antidumping investigation into imports from Taiwan in exchange for pricing oversight on shipments into the U.S. ....

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FTI warns tyre AD will hit industry

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FTI warns tyre AD will hit industry
The Bangkok Post
US move will hurt Thai competitiveness
© The Bangkok Post
Between 18.5 and 19.2 million tyres are estimated to be exported to the US during the first half of 2021. Pawat Laupaisarntaksin
The Federation of Thai Industries (FTI) expects the US decision to impose anti-dumping duties (AD) on car tyres exported from Thailand to seriously affect Thai industries, including the automotive and agricultural sectors, as Thailand may end up missing export opportunities in the global market, says FTI vice-chairman Kriangkrai Tiannukul.
The FTI is concerned about manufacturers’ loss of competitiveness in the global market as the pandemic is crippling businesses in many countries. ....

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