Will the global retreading market be worth $11 billion in five years?: Analyst growth predictions analysed

摘要

Following the implementation of anti-Chinese truck tyre imports in Europe as well as in the USA, the global retreading business has experienced a sense of renewed optimism regarding its future opportunities. But how can we quantify something as intangible as optimism in the retreading business? A number of different tyre retreading data reports hit the market at the beginning of May, which may help us to do this. While each highlights different facets of the global retreading business, taken together a number of key trends and facts can be identified. Virtually all of them make medium-term Compound Annual Growth Rate (CAGR) projections. And, therefore, we can compare them in order to establish whether or not there is a consensus.