Scope of the Study
Folklift solid tires are the tires used for forklift. These tires are the most integral part in determining on what surface a Folklift is meant to work (smooth, flat factory floor, rough outdoor yard, etc.) Each tire has a different thread, compound, and ply rating which helps to ensure the tire used will best suit the application. By keeping Folklift solid tire in good shape it will reduce the stress and wear on the transmission as well as the Folklift driver. Further, Expansion of retail and e-commerce industries has led to higher sales of Folkliftsolid tire market.
The market study is being classified by Type (Cured-on Solid Tire and Pressed-on Solid Tire), by Application (Folklift, Telehandler, Backhoe & Excavators and Other) and major geographies with country level break-up. According to AMA, the Global Folklift Solid Tire market is expected to see growth rate of 10.2%
Continental AG (Germany), Trelleborg AB (Sweden), NEXEN Corporation (South Korea), Mitsubishi Logisnext Co., Ltd (Japan), Tube & Solid Tire (United States), Global Rubber Industries (Srilanka), Superior Tire & Rubber Corporation (United States), Initial Appearance LLC (United States) and CAMSO (United States) are some of the key players profiled in the study. Additionally, the Vendors which are also part of the research are Hankook Tire (South Korea), Trelleborg AB (Sweden), Michelin (France) and Aichi Tire Industry Co. Ltd (Japan).
The Global Folklift Solid Tire market is fragmented with several top manufacturers. Camso company is the largest players in the market and its revenue of North America market exceeded by 18% in 2017. The players are involved in new product launch and innovations.
AdvanceMarketAnalytics has segmented the market of Global Folklift Solid Tire market by Type, Application and Region.
On the basis of geography, the market of Folklift Solid Tire has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by End users, the sub-segment i.e. Engineered Vehicle will boost the Folklift Solid Tire market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Sales Channel, the sub-segment i.e. Direct will boost the Folklift Solid Tire market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Folklift Tire Class , the sub-segment i.e. Class1 will boost the Folklift Solid Tire market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Folklift Tires, the sub-segment i.e. Cushion tires will boost the Folklift Solid Tire market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
- Rapid Globalization
- Booming Retail and E-commerce Sector
- Rising Need in Distribution centers and Warehouses
- Technological Advancement with Increasing Productivity
- Rising Preference for Material Handling Applications
- High Cost of Solid Tire over Pneumatic Tires is Hampering the Market
- Increasing Industrialization in Emerging Countries like India & Mexico
- Rising Adoption of Solid Tires Owing To Durable, Maintenance Free, Puncture Resistant Across Waste Handling Other Harsh Application Areas
- Improper Tire Pressure in Pneumatic Tires is Posing a Challenge for the Market
In May 2018, Camso releases the new Solideal PON 775 NMAS—the world’s first tire to prevent static build-up on non-marking tires. and The new Solideal PON 775 NMAS has been in the field overcoming static-related issues since October 2015 with a leading company in the North American pulp and paper sector.
Key Target AudienceForklift Solid Tire Manufacturers, Forklift Solid Tire Distributors, Traders, Raw Material Suppliers, Industry Associations, Marketing Firms, Downstream Vendors, Government and Regulatory Bodies and Organizations, forums and alliances related to forklift market
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Data related to EXIM [Export- Import], production & consumption by country or regional level break-up can be provided based on client request**
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