Jul 12, 2019 (Heraldkeepers) — Asia Pacific automotive tire chains market size will grow significantly over the study period. This can be credited to the…
Jul 12, 2019 (Heraldkeepers) — Asia Pacific automotive tire chains market size will grow significantly over the study period. This can be credited to the availability of low-cost chain alternatives for multiple vehicle models. Moreover, governments across the region are actively promoting the fitment of chains for safety during driving in snow conditions. For instance, the Japanese government is planning for regulations to mandate the usage of chains during heavy snow situations across the country.
The continuous usage of tire chains in vehicles with significantly higher power output tend to affect the brake lines negatively. Moreover, the performance vehicles usually have lower space in between the wheels and the suspension system, that may lead to the tire chains to get stuck, thereby causing sensor malfunctioning. Industry players are continuously testing multiple materials for use in the tire chains for overcoming the issues.
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Industry players are continuously investing in R&D for developing chains that are light weight, durable and does not deteriorate the original tire rubber. Additionally, the availability of a wide range of tire chains for different tire sizes along with advanced automated centering capabilities further accelerates the automotive tire chains market size over the projected timeframe.