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The global truck and bus radial (TBR) tire market has expanded substantially in recent years. Extensive road networks across countries has stimulated greater production of trucks, buses, and other modes of public transport, accelerating the demand for radial tires.
According to PwC, global transport infrastructure investment is likely to grow annually by 5% until 2025. Majority of this growth will be driven by trucks and buses.
Since all trucks and buses vary in shape and size, manufacturers are introducing radial tires of multiple dimensions.
Fact.MR projects the global truck and bus radial tire market to expand at a noteworthy CAGR, reaching a multi-billion dollar valuation by 2030.
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The trucks segment is expected to register maximum uptake of radial tires across the forecast period. High production of medium and heavy duty trucks to facilitate transportation of bulk goods is stimulating this demand. Trucks are especially suitable for hauling heavy-duty goods and freight transport. Therefore, they require constant maintenance. In spite of significant deceleration in the logistics sector due to the COVID-19 pandemic, expansion of the TBR tire market size is expected to remain positive.
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Radial tire aftermarkets are gaining significant momentum, attributed to increasing replacement rate of truck tires as a good vehicle maintenance practice. Periodic maintenance is pivotal to ensure the longevity of any vehicle. Obsolete parts may prove to be a hindrance in the long run. In addition, regular tire replacement helps ensure safety of the vehicle.
Strong and new tires are especially helpful in maintaining road grip and avoid skidding, which could lead to fatal accidents. The aftermarket segment is slated to record steady growth in the truck and bus radial tire market in spite of the slowdown ushered in by COVID-19.
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Regionally, the Asia Pacific truck and bus radial tire market shall retain its dominance, with India, China, ASEAN countries, and Japan spearheading regional growth.
A proliferating transportation sector due to the presence of numerous manufacturing industries is escalating growth.
Besides this, the aforementioned countries are also some of the largest rubber producers, a key ingredient in TBR tire production. For instance, in India, total natural rubber output increased by nearly 10% in 2019-20 fiscal. This factor is also driving TBR tire production across Asia Pacific, allowing it to enjoy a significant truck and bus radial tire market share.
Burgeoning e-Commerce to Catapult Growth: Rising e-Commerce penetration has expanded the scope of transportation and logistics. As more people become acquainted with the virtual world, online shopping for products such as consumer electronics, foodstuffs, beverages, medical products, cosmetics, etc., has surged. Consequently, prominent vendors are strengthening their logistical chains by incorporating more trucks in their existing fleets.
This is ultimately accelerating demand for tires with a strong road grip, an objective that is readily fulfilled by radial tires.
Increased Reliance on Public Transport: Reliance on public transport systems such as metro trains, buses, and carpools is increasing on a daily basis. Concerns regarding environmental pollution due to private car ownership is accelerating this trend. As governments across the world invest heavily in developing a robust public transport infrastructure, demand for truck and bus radial tires is experiencing an upward trend. Rising electric vehicle production, especially buses, is also stimulating growth of the TBR tire market.
Heightened Awareness about Vehicle Maintenance: Fleet managers, logistical companies, and commercial truck & bus owners are becoming highly aware about the importance of vehicle maintenance. Vehicle maintenance is a critical aspect of an efficient transportation system.
Physical wear and tear needs to be addressed on a regular basis. In this light, vehicle owners are accelerating spending on radial tires, as they provide enhanced sidewall flexibility, reduced fuel consumption, softer rides, and greater stability on the road. Additionally, radial tires also have a longer lifespan due to reduced frictional heat.
The COVID-19 pandemic has significantly hindered the transportation and logistics sector. Government-imposed shutdowns to curb the virus’s spread has disrupted production cycles across prominent manufacturing industries, causing output to decline. Due to decelerating output, a gap in the demand-supply equation persists, leading to a slump in the logistics sector. This has directly impacted the TBR tire market. This sluggishness shall prevail throughout 2020.
However, rising e-Commerce activities and gradual easing of restrictions on transport are restoring growth to previously projected levels.
High demand for various consumer and industrial goods through virtual marketing platforms is aggrandizing the need for proper transportation systems to supply goods, providing traction to the TBR tire market.
“An amalgamation of technological advancements, rapid e-Commerce sector boost, and rising number of last-mile deliveries are anticipated to contribute significantly to market growth. However, the COVID-19 pandemic has ushered in moderate downswing, which is expected to last until 2020-end.”
Fact.MR has published an exclusive forecast report on the truck and bus radial (TBR) tire market for 2020 to 2030. The foremost objective of this report is to pitch insights on the market scenario, demand generators, and technological advancements in the truck and bus radial tire market. Also, the study addresses key dynamics that are expected to diversify the sales and future prominence of the market.
The report begins with an executive overview, in which, product definition has been provided. The report further proceeds with the taxonomy of the truck and bus radial tire market, elaborating on key segments. Also, the report outlines visionary insights on the dynamics of the TBR tire market, including the drivers, restraints, opportunities, trends, and pricing analysis, along with the key buying factors for TBR tires.
Fact.MR’s research study assesses the global truck and bus radial tire market in terms of application, sales channel, and region. This report presents extensive market dynamics and trends associated with different segments of the market and their influence on the growth prospects of the global TBR tire market.
Application
Sales Channel
Region
> Triangle
Is one of the largest enterprises among the well-known tire manufacturers in China.
The company's product range includes radial design tires for cars and trucks, buses, special equipment, large-sized radial and diagonal tires. The volume of production is about 30 million tires per year (4200 sizes), most of them are radial.
Triangle has been in existence for over 36 years, with over 207 product patents and 21 invention patents. Due to the use of the latest technology and high quality, Triangle won the "Chinese famous brand. In 2008, Triangle was awarded the First Class Award by the State Council of the People's Republic of China for the development of OTR radial tire technology. As a result, Triangle has received a government license to build a "National CGW Design and Manufacturing Technology Laboratory", which is the only state-level laboratory in the Chinese tire industry.
Triangle tires have passed the quality control of the American Department of Transportation (DOT), Economic Commission for Europe (ECE) and China Compulsory Certification Commission (CCC), etc.
, and have also passed strict performance tests from their partners such as Goodyear, Caterpillar, Volvo etc.
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Showing 1 - 32 of 117 items
Designed for loaders and graders This tire has a self-cleaning tread pattern. Due to the alternating blocks in the shoulder area of the tire, a high traction force is achieved, as well as maximum grip on soft and muddy soils. Resistant to aggressive influences.
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Designed for loaders, bulldozers, graders and articulated dump trucks The tire guarantees high traction and high durability due to a specially designed deep tread pattern. The versatility of the tire is achieved through robust sidewalls and shoulder areas.
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Designed for loaders, bulldozers, graders and articulated dump trucks This tire guarantees high traction and high durability due to a specially designed deep tread pattern. The versatility of the tire is achieved through robust sidewalls and shoulder areas.
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Designed for articulated haulers, self propelled underground vehicles and articulated haulers Excellent traction and increased puncture resistance. Tire of wide use. The non-directional tread pattern ensures reliability on all types of roads.
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Designed for semi-trailer haul trucks This tire has a deep directional tread pattern. Designed for difficult road conditions and has excellent traction characteristics. Designed specifically for construction and mine vehicles.
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Designed for articulated and semi-trailer haul trucks Deep tread blocks provide maximum traction. The tire is designed for difficult road conditions. The tire structure is specially designed for construction and mining vehicles.
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Designed for gamers High footprint provides exceptional traction in all road conditions. It also has improved puncture resistance and reduced fuel consumption.
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Designed for articulated dump trucks This tire has a self-cleaning tread pattern. Due to the alternating blocks in the shoulder area of the tire, a high traction force is achieved, as well as maximum grip on soft and muddy soils. Resistant to aggressive influences.
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Designed for Vibratory Wheel Rollers The blocky tread pattern of the tires is designed based on the specific requirements of our customers.
Suitable for use in desert conditions, on sandy soils. They have excellent permeability.
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Designed for wheel rollers. In connection with the special requirements for the use of a road roller, a special block tread pattern was designed. The tires are also suitable for use on sandy soils.
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Designed for various types of loaders and graders. Traction type tires, tread pattern design to improve traction. The transverse tread pattern improves flotation, and thanks to the strong carcass, the tires have a high load capacity.
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Designed for articulated dump trucks, loaders, tractors, port machines and harbor cranes. Traction type tires, good tread pattern and good traction with the road surface, are safe and reliable.
The unique tread compound improves wear resistance and increases cut resistance.
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Tires with shallow longitudinal tread grooves designed for use in areas with soft, sticky road surfaces. The tread tread is made of softer rubber, so the tires absorb impact better, increasing ride comfort. Blocks of the shoulder area have a convex shape, can effectively...
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Loader Designed Low profile tire designed for construction equipment. Steel cord breaker, strong carcass make tires durable. Thanks to the ultra-deep tread pattern, cut-resistant tread rubber compound, the tires have excellent cut resistance. Used in mines,...
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Designed for loaders and articulated dump trucks High grip performance and high flotation.
Non-directional tread pattern provides self-cleaning of the tire, as well as reduced fuel consumption.
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Designed for loaders Open pattern for high traction and flotation, wide footprint for a smooth ride. Long service life due to high puncture resistance
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Designed for loaders Open tread design provides excellent traction and ease of control of the vehicle due to the zigzag pattern of the tread blocks. The tire has high puncture and tear resistance.
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Designed for articulated dump trucks, loaders, general purpose trucks and terminal tractors Traction type tires with transverse tread pattern provide excellent traction and flotation. Due to their high load capacity, the tires are suitable for use on heavy dump trucks in mine and quarry areas.
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Designed for self-propelled underground machine and port lift truck. The tread pattern provides maximum traction. The tire has an increased resistance to punctures and cuts. The composition and construction of the tire has a positive effect on fuel economy
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Designed for articulated haulers High traction tire with maximum traction in wet and muddy conditions. High wear resistance and durability of the tire.
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Designed for articulated dump truck Designed for use in open pits and quarries, it has high flotation and traction qualities. And it also has high speed performance and meets the requirements for protection against aggressive environments, thanks to the wide shoulder area and the shape of the sidewalls.
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Designed for articulated haulers, bulldozers, graders, loaders and general purpose haulers. The original wide lateral tread pattern provides excellent versatility. The tread pattern allows the tires to be used on the lowest quality road surfaces. Durable...
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Showing 1 - 32 of 117 Items
You can choose the type of air conditioner, electronic ABS, power window type and other advanced settings. Specifications
| Section | Item | XMQ5030XYZ33 |
| General data | Size Length×Width×Height (mm) | Low roof 5200×1700×1960 |
| Medium roof 5200×1700×2050 | ||
| Top roof 5200×1700×2250 | ||
| Total weight (mm) | 2890 | |
| Front tread width (mm) | 1450 | |
| Rear tread width (mm) | 1430 | |
| Total weight (kg) | 2860 | |
| Curb weight (kg) | 1670 | |
| Rated capacity (kg) | 1060 | |
| Number of seats (including driver) | 202+3 | |
| Maximum speed (km/h) | ≥120 | |
| Fuel tank | 70L | |
| Engine | Fuel type | Gas |
| Motor type | JM491Q-ME | |
| Rated power (kW/(rpm)) | 76/4200-4600 | |
Rated torque (N.  |
