Zero-pressure or run-flat tyres can support the weight of a vehicle without air pressure, allowing emergency operation at a low speed for a short period of time. Zero-pressure tyres were once reserved for sports cars, but they are now standard on a variety of new vehicles. Zero-pressure tyres have become increasingly popular in recent years as a result of their unique sidewall construction, which eliminates the dangers of tyre blowout. They allow for continued operation for up to 50-100 miles after the loss of inflation pressure. When compared to conventional tyres, zeropressure tyres are known to maintain better vehicle control during air loss situations.
With the spare tyre and repair tools removed, zeropressure tyres save a significant amount of vehicle weight. Top tyre manufacturers like Michelin and Goodyear were the first to introduce zeropressure tyres by modifying the standard tyre to support the weight of a car with a heavier and stiffer tyre. Today, zero-pressure tyres are found on everything from supercars to sports cars to everyday vehicles. With more applications, the zeropressure tyres market is expected to grow significantly at a global level.
The penetration of technological trends in the automobile industry, as well as the increasing production of premium vehicles, is expected to be a major driving force in the zero-pressure tyre market. The benefits of zeropressure tyres include increased safety, protection in an emergency, and the elimination of the need for immediate tyre replacement. Zero-pressure tyres are becoming more popular due to their ability to withstand the effects of deflation caused by punctures, which is expected to boost market growth. The adoption of advanced technology to improve the designs and efficacy of zeropressure tyres is expected to boost the market’s growth prospects.
Increased investment in the automotive industry, combined with rising disposable income in emerging economies, is expected to boost zero-pressure tyre adoption in these areas. Furthermore, the growth of the zeropressure tyre market is expected to be aided by the large-scale production of automobiles in various developing countries. However, the market for zeropressure tyres is likely to be hampered by issues such as high capital costs and the inability to mass produce automotive tyres. Furthermore, these tyres have a reputation for being harsher on the ride, which is expected to be a growth stumbling block for the zeropressure tyre market.
Market for Zero-Pressure Tires by Region
The expansion of the automotive sector is the primary driver of global zeropressure tyre sales. With rising automobile production and mass urbanisation in Asia Pacific, the zeropressure tyre market in this region is expected to grow significantly. Because of the growing number of vehicles in Asia Pacific, the highest demand for zeropressure tyres is likely to come from emerging economies such as China and India. North America is expected to be a lucrative region for zeropressure tyres due to the presence of major companies and a high standard of living. Zero-pressure tyre sales are also expected to be significant in Europe and the Middle East.