Qingdao Doublestar Tire Co. Ltd. Introduces 'Safe Tire'
China: China's Qingdao Doublestar
Tire Co. Ltd. has revealed its new ‘safe tire’ under its Crossleader brand,
featuring a puncture-sealing, aramid-fiber-reinforced consumer tire qualities.
As per the company the tire was developed after two years of continuous R&D
and uses military-grade short-cut aramid fiber in its sidewalls to resist high
impacts. The tire is also incorporated with nano technology, which assists it to
repair punctures, itself, while running.
Further, the reinforced
sidewall is expected to boost the tire's puncture resistance by 50 percent
enabling it to tolerate an impact of 62mph. The tire also features a
shield-shaped pattern which helps it to slightly expand the sidewall's
thickness and reducing the bulge and blowout by up to 80%.
The brand-new tire would
initially be launched for passenger car segment and would expand to truck and bus
segment, in coming period.
As per TechSci Research, the
launch of the new innovative tire by Qingdao Doublestar Tire Co. would not only
expand the company’s product portfolio, but also help Qingdao Doublestar to
meet the growing demand for tires across the country. The move taken by the
company is anticipated to further boost the tire sales across China, where Qingdao
Doublestar is already a renowned brand.
According to a recent report
published by TechSci Research, “China
Tyre Market Forecast &
Opportunities, 2020”, during
the last decade, China emerged as one of the leading economies worldwide in terms
of GDP growth. The country has grown manifold and emerged as the leading
manufacturing hub across the globe. With a population of over 1.35 billion,
China witnessed multifaceted development within various industries for the past
few years. The automotive industry, in particular, has grown at a tremendous
pace owing to diverse factors such as increasing disposable income, rising
standard of living and automobile export demand. This, in turn, has catalyzed
the development of tire market in China in terms of both production as well as
sales. China’s vehicle fleet size witnessed a radical increase during the past
decade, which has further driven tire demand in the country. Ongoing
development in both urban as well as rural pockets and significant improvement in
road infrastructure have been driving the expansion of automobile and tire
market.