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Aircraft Tire Retreading Market Pegged to Expand Robustly During 2019-2023

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Monica Nerkar

Aircraft Tire Retreading Market Research Report: Information by Process (Pre-Cure and Mold-Cure), Aircraft Type (Commercial and Military), and Region (North America, Europe, Asia-Pacific, and the Rest of the World) — Global Forecast till 2023 

Aircraft Tire Retreading Market Size To Expand at a Notable CAGR Of 4% During 2018 - 2023

Market Highlights

Aircraft tire retreading is the process of restoring used retreadable tires by changing the tread or rubber alone. Factors such as the increasing flying miles for aircraft and growing emphasis on passenger and aircraft safety are propelling market growth. The process of aircraft tire retreading offers various benefits such as flexibility, low time, and cost-effectiveness. Additionally, stringent government regulations pertaining to aircraft tire retreading are bolstering market growth. For example, the US Federal Aviation Administration (FAA) regulations state that retreading and repairing aircraft tires should be carried out at certified retread and repair stations under the vigilance of certified and qualified technicians.

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The global aircraft tire retreading market based on process has been segmented into pre-cure and mold-cure. The pre-cure segment is expected to be larger during the forecast period of 2018 to 2023 due to the low investment cost and reliability of the process.

By aircraft type, the global aircraft tire retreading market has been classified as commercial and military. The military segment is likely to register a higher growth rate during the forecast period due to the increasing military expenditure in developing nations and rising adoption of retreaded tires by military organizations in countries such as the US.

Based on region, the global aircraft tire retreading market has been classified as North America, Europe, Asia-Pacific, and the rest of the world. North America dominated the global market in 2017; however, the market in Asia-Pacific is expected to register the highest CAGR during the assessment period.

Key Players

The key players in the global aircraft tire retreading market are Bridgestone Corporation (Japan), The Goodyear Tyre & Rubber Company (US), Michelin (France), Marangoni SpA (Italy), Wilkerson Company, Inc. (US), Apollo  Tyres Ltd (India) Aviation Tyre & Treads LLC (US), SAIC (China), Desser Tire & Rubber Co., LLC (US), Oliver Tyre Group (South Africa), and Dunlop Aircraft Tyre Limited (UK).

Key Insights

  •  Market Sizing, Forecast, and Analysis: Detailed coverage of the market segment and sub-segments
  •  Regional/Country Trends and Forecast: Detailed analysis of the market in North America, Asia-Pacific, Europe, Middle   East & Africa, and Latin America, along with key countries in each region
  •  Market Dynamics Intelligence: Market drivers, opportunities, trends, restraints, Porter’s five forces, supply chain, and   value chain analysis
  •  Technology Trends, Regulatory Landscape, and Patent Analysis Outlook
  •  Competitive Intelligence: Market share analysis, financial analysis, product benchmarking, and strategic developments   including joint ventures, product launches, and mergers & acquisitions
  •  Regional attractiveness and related growth opportunities

Get More Information on Aircraft Tire Retreading Market Research Report – Global Forecast till 2023 @ https://www.marketresearchfuture.com/reports/aircraft-tire-retreading-market-7594 

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