The global tire market will reach 287.5 billion U.S. dollars in 2020

According to the latest research report of the Allied Market Research, it is predicted that by 2020, the global tire market will reach 287.5 billion U.S. dollars, with an annual growth rate of about 7%. The main driving force of the growth of the tire market is the increase in global car production. Among them, the proportion of four-wheel tires is the highest.


The global tire market will reach 287.5 billion U.S. dollars in 2020

The report pointed out that the Asia-Pacific region is currently the largest market, followed by Europe. The regions with the highest growth rates are Latin America, the Middle East, and Africa. The annual growth rate is above 8%. In many Asian countries, such as China, Japan and India, the demand for radial tires has continued to increase, benefiting from the development of the automotive industry. The growing population, rising disposable income, and favorable policy support have contributed to the rapid development of the automotive industry and tire industry in the region.

In 2014, the proportion of radial tyres in the global market was 68.8%, and the average annual growth rate in 2015-2020 is estimated to be 7.2%. For the tire replacement part, the market share in 2014 was 74.6%, which is expected to continue to occupy a leading position in the market, while the original matching tires are closely related to the global economic growth and the development of the automobile manufacturing industry.

Heat Exchanger Parts

Heat exchanger parts are an important part of the heat exchanger. During the use of the heat exchanger, the parts may wear out and the entire heat exchanger cannot be used. At this time, we need to replace the damaged parts. When components in a heat exchanger wear out, it can result in product loss in the equipment. Minimize costly downtime by getting replacement parts from Jiema. Worn parts can cause inconsistencies in the production process, slowing down production or stopping production altogether. With Jiema's wide range of heat exchanger replacement parts, you can keep your productivity at peak efficiency and scale up your output reliably. No matter what make or model you have in your facility, we've got the parts you need. Jiema has a large inventory of OEM replacement parts, including most of the well-known brands.


Heat exchanger components include plate heat exchangers, air heat exchangers, and shell-and-tube heat exchangers. Frequently replaced parts include plates and rubber pads of plate heat exchangers, finned tubes of air heat exchangers, condensing coils, seamless steel pipes, U-shaped tubes, tube sheets and flanges of shell-and-tube heat exchangers, etc. In the following, we will further display each component and its characteristics and uses.

Heat Exchanger Parts,Exchanger Pipe,Seamless Tube,Heat Exchanger Tube

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