Over the five years to 2014, increased activity in the truck transportation sector and a large increase in total trade boosted demand for the Tire Retreading and Recapping industry, though volatile input costs led to fluctuating revenue for industry operators. Over the next five years, revenue growth is expected to be markedly less volatile. Additionally, anticipated stable increases in total trade value and truck transportation are expected to increase demand for retreaded tires, boosting revenue for industry operators.
Industry operators retread tires for commercial, industrial and consumer use. The retreading process involves inspecting the existing tire casing for defects, buffing the remaining tread and retreading the tire using either the pre-cure method or the mold-cure method.
The report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecast, growth rates and an analysis of the industry key players and their market shares.