A tire is a ring-shaped component that encircles the rim of a wheel to transfer a vehicle's load from the axle to the ground. It also offers traction on the surface over which it moves. A wide range of rubbers is employed in the manufacture of a single standard tire. Non-pneumatic tires and pneumatic tires are the two types of tires available. The non-pneumatic tire is made of solid rubber and plastic compounds and does not rely on air pressure for stability. These tires are commonly used on lawnmowers, scooters, and other light industry vehicles such as carts and trailers. Pneumatic tires, on the other hand, are flexible, hollow-shape rubber tires that keep their forms with air pressure. Synthetic rubber and rubber, wire, cloth, carbon black, and other chemical compounds are used to make these tires.
What is the full form of KSA?
Kingdom of Saudi Arabia
What is the KSA market?
It entails understanding your consumer demographics and how you fit into them: "With 60 percent of the population under the age of 25, the KSA tire market requires every consumer-facing organization to think carefully about how to structure its products for young Saudis."
In contrast to the rest of the globe, the Kingdom of Saudi Arabia is the cheapest place to buy a car, with no Luxury Tax or VAT. The government also provides the chance to purchase autos with low-interest financing. As a result, the availability of four-wheeler vehicles is greater, implying a larger demand for four-wheeler tires.
When compared to the rest of the provinces in the area, the Western and Central Provinces of the Kingdom are experiencing a significant increase in demand for four-wheeler vehicle tires. The Western and Central Provinces include cities such as Riyadh, Mecca, and Medina, which account for more than 80% of total tire retail outlets in the country and will have the highest concentration of four-wheeler vehicle tire retail outlets in the future.