Asia Pacific nations are expected to lead the growth of the global tyre industry as it continues to expand economically. Countries including China, India, Japan, and Australia are set to play an economically-defining role in the tyre trade in the next few years. Against the backdrop of the global automotive tyre market estimated to reach US$298.15 billion by 2021, more than half of all tyres will be sold in the Asia Pacific region by 2019.
Asia-Pacific’s role as global protagonists of the tyre trade, as the world’s leading platform in connecting global players in the tyre community to the region will be the focus of the 11thedition of Tyrexpo Asia 2017, Asia’s largest tyre exhibition.
The nature of the tyre industry necessitates the role of innovation in driving economic value as part of the automotive ecosystem. Tyrexpo Asia & GarageXpo Asia 2017 brings together both the tyre and automotive aftermarket communities in Asia in showcasing the latest in automotive repair and maintenance equipment, trends and challenges. Leading the way is this year’s special showcase highlighting latest technology brought to South East Asia for the first time by two Singapore-based SMEs.
Newera Equipment Pte Ltd will be featuring an automatic tyre changer machine, where truck tyres can be automatically inserted or removed into its rim within minutes through pneumatic bead assistance and bead press rollers. HLT International Pte Ltd will also be highlighting AMH Canada’s body and collision repair works technology including UltraMIG, UltraClean and Spectratherm to the region for the first time.
Both exhibitors will be demonstrating the use of these technologies at the Tyrexpo & GarageXpo Technical Workshop, which is a new feature comprising a series of training and demo sessions designed to demonstrate the application of new technologies to the area of tyre repair and retreading.
“While it is widely accepted that Asia will continue to evolve as a key market in the tyre industry, the important role that SMEs play in shaping innovation cannot be underestimated. As the international platform connecting Asian tyre leaders and experts in showcasing and demonstrating new products and solutions, as well as sharing key ideas and best practices, Tyrexpo Asia is well poised to play a pivotal role in the growth of tyre in the region through providing the perfect platform for every significant player in the tyre space, especially SMEs, to contribute to technological change in the 21st century,” said Adrian Sng, General Manager of SingEx Exhibitions Pte Ltd as he welcomed the natural evolution of the Asia-Pacific SME’s role in shaping Asia’s tyre market growth.
Tyrexpo Asia 2017 will introduce, for the first time in 11 editions, the highly anticipated TyreTalk & GarageTalk seminar series, where thought leadership dialogues and discussions will be conducted.
David Shaw, Chief Executive of Tire Industry Research, will spearhead a segment addressing latest industry developments in China, Indonesia, Malaysia, Thailand and Vietnam, while Bireswar Banerjee, Research Consultant with the Indian Institute of Technology, will address rising dynamics between tyre retreading technology and the economics and environment.
“This year’s event will be especially significant as the introduction of TyreTalk, GarageTalk and the Technical Workshop series signal a strong intent in helping to shape the future of the industry, through both the creation of knowledge sharing platforms as well as industry-relevant application areas for the aftermarket sector,” said Shaw.
Assisting Asian businesses into an all-access, well-curated pool of potential and ready partners, Tyrexpo Asia & GarageXpo Asia’s Business Matching service will allow trade delegates to maximise networking opportunities, with its success demonstrated through the 2015 edition where more than 3,000 buyers requested for specific business connections during the show.
Tyrexpo Asia 2017 is part of World Rubber Week, a suite of platforms consolidating value chain discussions in the rubber industry and addresses how latest developments, including market movements in mergers and acquisitions, affects upstream and downstream supply chain perspectives from all facets of policy making, economy, financial futures trading and commerce.