Tyre tubes have been a great invention in the tyre industry as it has revolutionised how the world rotates. Before understanding the wholesalers of the tyre industry let's take a closer look at what tyre tubes are.
A tyre is a ring-shaped automotive component that covers the wheels' rims to protect them and enable better vehicle performance. A tube is a tubular rubber or fabric product that fits inside a tyre to inflate and seal it. Motorcycle tyres usually have inner tubes.
Inner tubes are made of butyl rubber or latex, which is vulcanized to give it strength, elasticity, and resistance to water and air. The rubber has to be vulcanized because otherwise, it would melt when in contact with the hot pavement.
The tyre tube industry in Delhi is very competitive, with several large wholesalers competing for market share. This has led to a consolidation of the industry, with the top three wholesalers accounting for more than 60% of the market.
The wholesalers in Delhi are very efficient, with a wide range of products and a good distribution network. However, they are also very price-sensitive, and this has led to a decline in margins.
The wholesalers in Delhi are facing several challenges, including the entry of foreign players, the rise of online retailers, and the increasing price of raw materials. However, they are also well-positioned to take advantage of the growing demand for motorcycle tyres.