Titan International Expands its Product Portfolio in US
Titan
International to launch All-Season tire for skid steers
United
States: Titan
International Inc. is moving forward to expand its product portfolio by adding All-Season
tire for skid steers to its TGS2 lineup tire range. The new all season tire is
loaded with open shoulder tread design for providing traction in snow, ice and
mud. Skid steers tires are available in standard 12-16.5 size. The new tire
range is primarily focused on snow removal and landscaping.
““If you're pushing snow in the winter
and doing landscaping work in the summer, this is the perfect tire,”, “The
tread design puts more rubber on the ground for increased life pushing snow on
concrete and less ground disturbance on sensitive turf.” said Johni Francis,
off-the-road tire global product manager for Titan
As per TechSci Research, the decision of
introducing All-Season tire for skid steers in the country’s tire market made
by Titan International Inc will expand the product portfolio of the company in
the country. Furthermore, the focus of company for All-Season tire is expected
to cater to rising demand for Off-Road tires in the country.
According to a recent report published
by TechSci Research, “United
States Tire Market Forecast & Opportunities, 2021”, the vehicle fleet of the country is
dominated by passenger car segment, followed by light commercial vehicles,
medium and heavy commercial vehicles, off-the-Road (OTR) vehicles and
two-wheeler segment. As a result, the passenger car tire segment held the
largest volume share in the country’s tire market in 2015, and its dominance is
anticipated to continue during the forecast period as well. Leading global tire
companies operating in the United States include Bridgestone, Goodyear,
Michelin, Cooper, Continental, Sumitomo, Hankook, Yokohama, etc. Increasing
automobile sales paired with increasing vehicle fleet are expected to drive the
country’s tire industry through 2021. Moreover, growth in the country’s tire
industry is backed by increasing sales volume of different vehicle segments,
which is resulting in expansion of replacement automotive fleet in the US.