Latest trends in tyre industry.

Latest trend in the industry nowadays include more of finer tolerance in the
manufacturing processes, inclusion of much more radial which consumes less
fuel, less rolling resistance and focuses on better traction and on road
performances which increase the fuel efficiency.
A radial tyre significantly allow the sidewalls and the tread to function as the
two independent feature of the tyre. A bias tyre consist of multiple rubber plie
overlapping one over other. The crown and sidewall are more likely to be
interdependent.
The companies are stepping up the manufacturing facility with technology that
improve heat development in tyre with effort towards less usage of carbon
black, which contribute in lowering emissions.
Other impactful trend in the manufacturing of tyre includes usage of higher
components of 'silica' which help in the manufacturing process and in
improving tyre performances by lowering the rolling resistances and
improving cuts and chip resistances as well.
"Tyre manufacturing and tyre performance are mostly directly linked to the
emissions level. In our tires we promote radials which consume an average 8-
10 per cent lesser fuel while working and hence thereby less pollution".
The passengers car tyre segment has radialisation over 98 percent, while its
only 35 percent in trucks and buses segments and 40 percent in light
commercial vehicles tyres.
Key Features and trends with respect to Major players in tyre sector.
At present around 40 listed company in the tyre industry in India.
The Major players are JK Tyres, MRF and Apollo Tyre & CEAT, which accounts
for 63 percent of the organized market. The other key players include Modi
Rubber, Kesoram Industry and Goodyear India, with 11 percent, 7 percent and
6 percent shares respectively. Dunlop, Falcon, Tyre Corporation of India
Limited (TCIL), TVS-Srichakra, Metro Tyres and Balkrishna Tyres are some of
the other significant player in the industries.
While the tyre sector is largely dominated by the organized sectors, the
unorganized industry is predominant with respect to bicycle tyre.
The industry is a major consumer of the domestic rubber markets. Natural
rubbers constitute 80% while synthetic rubbers constitute only 20% of the
material contents in Indian tyre. World-wide, the proportion of natural to
synthetic rubbers in tyre is 30:70
This sector is raw-materials intensive, with raw materials accounting for 70% of
the total cost of productions
Total productions figure in tonnage: 11.35 lakh MT & total production of tyre
in all category: 811 lakh
Current levels of radialization include 95% for all passengers car tyre, 12% for
light commercial vehicle and 3% for heavy vehicle (truck and bus)
Restriction were placed on imports of used /retreaded tyre
Imports of new tyre & tube is freely allowed, except for radial tyre in the
truck/bus segment which has been placed in the restricted lists
Total value of tyres exports form India is approximately Rs 3000 crore
The major factor affecting the demands for tyre include the level of industrial
activities, availability and costs of credits, transportation volume and network
of road, executions of vehicle loading rule, radialization, retreading and export.