The Saudi Arabian tyre market is projected to grow significantly in the coming years, driven by a surge in car ownership and infrastructure development.

According to a recent industry, titled “The Saudi Arabia Tire Market, By Region, Competition, Forecast and Opportunities 2019-2029F, prepared by Research and Markets, the market is expected to reach a value of USD 711.8 million by 2029, growing at a CAGR of 4.79 percent in the period of 2023 - 2029. This growth is fueled by factors such as increasing urbanisation, rising disposable incomes and the expansion of the automotive sector.

In 2023, the Saudi Arabian tyre market is value is USD537.57 million, as per the report.  

The market is dominated by passenger car tyres, followed by commercial vehicle tyres and two-wheeler tyres. As the country continues to modernise and urbanise, the demand for tyres is expected to remain strong.

However, the market faces challenges such as high import duties and the potential impact of electric vehicles. Despite these challenges, the Saudi Arabian tyre market is poised for continued growth, driven by strong domestic demand and increasing investments in infrastructure.

Comments (0)

ADD COMMENT

Link Copied!

Goodyear is heading back to the lunar surface as part of a major new space initiative. Under NASA’s Artemis programme, the tyre manufacturer will equip Lunar Outpost’s Pegasus Lunar Terrain Vehicle (LTV) with specialised tyres designed for astronaut missions scheduled to begin in 2028.

The Pegasus vehicle is built for the harsh conditions of the Moon’s South Pole, where extreme temperatures, rocky ground and low gravity pose constant challenges. Goodyear’s lunar tyres will help astronauts travel longer distances and conduct scientific work safely, relying on engineering developed from decades of Earth-based and space-based experience.

Lunar Outpost leads the vehicle’s development alongside General Motors, Goodyear and Leidos. This partnership combines expertise from multiple industries to support the next phase of human exploration, aligning with Goodyear’s broader goal of leading tyre innovation both on Earth and in space.

Chris Helsel, Senior Vice President and Chief Technical Officer, said, "From breaking land speed records to traversing the Moon's surface to pushing the limits of the world's toughest race circuits, Goodyear innovations have been helping people travel safely on their own journeys for more than 125 years. Goodyear tyres first left tread marks on the Moon during the Apollo mission, and since then, Goodyear technology and the people behind it have kept making tyres worth bragging about."

Comments (0)

ADD COMMENT

Link Copied!

Tana Oy, a Finnish environmental technology company specialising in manufacturing mobile solid waste shredders, screens and landfill compactors, has unveiled a new digital tool called Tana Wingman, designed as an operator assistant for its line of TANA shredders. The system transmits live hopper camera footage and real-time equipment metrics directly to machine operators, with the stated goals of improving on-site safety and boosting processing efficiency. This digital assistant allows for more attentive monitoring of the shredding action and faster reactions to fluctuating feed conditions.

The solution is available as an optional upgrade for TANA Hammerhead and TANA Shark models, merging visual oversight with performance data on a tablet interface positioned inside the loading machine. Operators gain immediate access to critical readings without exiting their cabin, which promotes quicker judgments, consistent material flow and a safer work environment. A notable feature is its self-contained design, as Tana Wingman functions entirely on-site without relying on cloud servers or an internet link, keeping all data local.

This release strengthens Tana’s wider strategy of delivering smarter waste management through connected machinery, embedding practical intelligence directly into daily operations. By adding this tool to its digital suite, the company continues to focus on practical, machine-level enhancements rather than cloud-dependent solutions.

Retrofit kits are available for existing D series TANA Hammerhead and TANA Shark shredders, while new machines can receive the system during production. The setup uses a local Wi-Fi connection between the shredder and any commercial Android tablet running the Tana Wingman application, downloadable from the Google Play Store, with no need for proprietary hardware. Among the reported benefits are superior hopper visibility, fewer interruptions to leave the cabin, safer feeding practices, reduced risk of loader damage, transparent production capacity readouts and fully localised operation. Further details are accessible through authorised Tana distributors.

Petteri Tiainen, Product Marketing Manager – Digital Solutions, Tana Oy, said, “Tana Wingman gives operators immediate access to the information they need exactly where they need it. By combining a live hopper view with machine data, it supports faster decision-making, smoother material flow and safer day-to-day operation.”

Comments (0)

ADD COMMENT

Link Copied!

Citira, a Sweden-based company specialising in circular tyre management, has reached an agreement to acquire the Swedish truck and bus maintenance firm Malte Månson from the private equity group Accent Equity. The combination of Citira’s tyre expertise with Malte Månson’s vehicle servicing is designed to create a convenient, full-service offering for heavy vehicle fleets initially in Sweden, with further expansion planned across Europe.

For 108 years, Malte Månson has operated as a renowned independent maintenance partner for truck and bus operators throughout Sweden. The company has established a strong reputation for reliable day-and-night service, comprehensive drivetrain and ancillary equipment repairs and a warm customer approach. In 2025, the firm reported revenues of SEK 773 million (approximately USD 82.31 million).

The transaction remains subject to standard closing conditions and regulatory approvals, with finalisation expected in the third quarter of 2026. Following the deal, Staffan Lindewald and his fellow members of the management team are set to become co-owners of Citira.

David Boman, CEO, Citira, said, “Together with Malte, we can build a unique service offering for heavy vehicle fleets and users, delivering convenient and sustainable uptime, with only one point of contact for the customer. I am deeply impressed by the high-calibre team at Malte, which will be an excellent fit with our network of tyre shops.”

Staffan Lindewald, CEO, Malte Månson, said, “Citira felt like a natural fit for Malte. We share a position as an independent service-focused challenger. We share the same type of heavy vehicle customers for which we provide complementary services. With Citira, we can reach more customers, provide additional services to our existing ones and accelerate Malte’s growth journey.”

Comments (0)

ADD COMMENT

Link Copied!

Epsilon Carbon Pvt. Ltd., a leading global manufacturer of carbon black, speciality carbon and coal tar downstream products, has been recertified under the Responsible Care programme by the Indian Chemical Council, with the certification valid through March 2029. The recertification applies to the company’s integrated manufacturing complex in Vijayanagar, Karnataka, recognised as one of India’s largest fully backward integrated carbon complexes. This facility has an annual capacity of 215,000 tonnes of carbon black and 220,000 tonnes of speciality carbon.

Responsible Care represents the global chemical industry’s leading voluntary initiative, focusing on safe chemical management throughout the product lifecycle. The programme has helped Epsilon Carbon embed safety and responsibility into daily operations, employee training and cross-functional decisions, moving beyond mere regulatory compliance.

For customers, partners and investors, the recertification offers third-party verification of operational integrity from raw material handling to product dispatch. Many industrial manufacturers accept Responsible Care certification as a sufficient global standard, and Epsilon Carbon has secured long-term supply contracts as a preferred supplier, reinforcing trust regardless of the company’s growth scale.

Gaurav Mathur, Chief Executive Officer, Epsilon Carbon, said, "We adopted Responsible Care early in our journey, well before it was a norm for a company of our scale. At that time, our focus was on building it right, not doing it quickly. That discipline has shaped our safety culture, our systems and the trust we have built with global customers and financial partners. As we expand into Odisha and grow our product portfolio, this recertification is a signal that our commitment to responsible operations continues to scale alongside our ambitions."

Comments (0)

ADD COMMENT

Link Copied!