Tyre Exports and Freight Trends: What’s Ahead?

Tyre Exports and Freight Trends: What’s Ahead?

All, Blog, Market & Trade TrendsJune 4, 2024280Views 0Likes 0Comments

Overview of the Tyre Industry The tyre export industry is a significant player in global trade, providing essential components for vehicles. With technological advancements, increasing vehicle production, and expanding international trade networks, the tyre export and manufacturing sectors are poised for growth. The global tyre market was valued at approximately USD 232 billion in 2023.…

Cambodian Chinese Tyre Manufacturing Plant Achieves 5.9 Million Unit Capacity

All, General Industry News, NewsMay 30, 2024155Views 0Likes 0Comments

The United States has taken a decisive step in response to the surge in imports of truck and bus tyres from Thailand, as the U.S. Department of Commerce recently announced the imposition of preliminary anti-dumping duties. This move follows a thorough investigation into whether these tyres are being sold in the U.S. market at unfairly…

USA Imposes Preliminary Anti-Dumping Duties on Truck & Bus Tyres from Thailand

All, Market & Trade Trends, NewsMay 29, 2024255Views 0Likes 0Comments

The United States has taken a decisive step in response to the surge in imports of truck and bus tyres from Thailand, as the U.S. Department of Commerce recently announced the imposition of preliminary anti-dumping duties. This move follows a thorough investigation into whether these tyres are being sold in the U.S. market at unfairly…

Chinese Tyre Manufacturer Sees Rapid Growth in Europe and Middle East Sales in 2023

All, General Industry News, NewsMay 27, 2024159Views 0Likes 0Comments

In 2023, a Chinese tyre manufacturer reported substantial growth in sales across Europe and the Middle East. The company's annual revenue reached 10.42 billion yuan (approximately £1.13 billion or €1.33 billion), with a net profit of about 1.4 billion yuan (approximately £150 million or €180 million). This performance enabled Triangle Tyre to surpass Double Coin…

Key Factors Behind the Hike in Ocean Freight Rates

All, Market & Trade Trends, NewsMay 22, 2024131Views 0Likes 0Comments

Ocean freight container spot rates have sharply risen on major global trades since May's onset, leading to speculation of an early peak season in 2024. Emily Stausbøll, Senior Shipping Analyst at Xeneta, attributed this surge to several key factors: 1. Record Demand: Q1 2024 witnessed a remarkable 9.2% increase in demand compared to the previous year. …

Minimize Road Accidents Through Proper Tyre Understanding

All, Blog, Safety, Maintenance & SustainabilityMay 20, 2024550Views 0Likes 0Comments

As drivers, we're aware of the importance of regular vehicle maintenance, but we might overlook the crucial role our tyres play in ensuring our safety on the road. In fact, tyre-related issues are a leading cause of road accidents, claiming thousands of lives every year. Neglecting tyre care can lead to reduced traction, blowouts, and…

Top 25 Tyre Manufacturers in the World (2024)

All, Blog, General Industry NewsMay 20, 2024970Views 0Likes 0Comments

The global tyre industry continues to evolve with rising demand from commercial transport, sustainability targets, and digital innovation. The top players in 2024 are not only defined by their revenue but also by their adaptability, product quality, and strategic presence across markets. Whether you're an importer, fleet operator, or tyre distributor, understanding who leads the…

Necessary Measures Before Buying Tyres

All, Blog, Safety, Maintenance & SustainabilityMay 17, 202494Views 0Likes 0Comments

When it comes to purchasing tyres, a lot of people tend to rush into the decision without considering the important factors that can make a huge difference in their driving experience. This often leads to poor choices that could not only affect the performance of the vehicle but also the comfort and safety of the…

Investigations Initiated in Response to Tyre Safety Claims

All, News, Safety, Maintenance & SustainabilityMay 16, 2024110Views 0Likes 0Comments

Recent actions have been undertaken at multiple facilities linked to a tyre manufacturing giant across Europe, following safety concerns surrounding specific tyre models. Legal authorities, including Etienne Manteaux, a prosecutor from Besancon, France, have initiated these actions to investigate the matter. While concerns regarding the structural integrity of certain tyre models and their potential involvement…

Tires & Rubber 2024 Conference Draws Global Attention in Moscow

All, Events & Exhibitions, NewsMay 3, 202499Views 0Likes 0Comments

The Tires & Rubber 2024 Conference recently took center stage in Russia, drawing industry leaders, innovators, and enthusiasts from around the globe. This premier event served as a hub for exchanging ideas, showcasing cutting-edge technologies, and exploring the future of the rubber and tire sector. Hosted against the backdrop of Moscow's dynamic landscape, the conference…

£313 Million Tyre Factory Investment Shifts from Spain to Morocco Amid Approval Delays

All, General Industry News, NewsApril 24, 2024129Views 0Likes 0Comments

Sentury Tyre recently announced a strategic shift in its investment plans, opting to allocate funds initially kept for a factory in Spain to accelerate the development of its Moroccan plant. The decision stems from challenges faced in obtaining approvals for the Spanish facility, contrasted with the smooth progress of the Moroccan project. The Moroccan plant,…

Dunlop Launches Next-Gen All-Season Tyres for European Market

All, General Industry News, NewsApril 15, 2024164Views 0Likes 0Comments

Dunlop has launched its latest line of all-season tyres, the Dunlop All Season 2. This release targets a growing segment of the market projected to expand by two to three percent annually from 2023 to 2028. The All Season 2 is tailored to fit a range of modern vehicles, from city cars to SUVs, and…