Industry News

Yokohama Launches New OTR Tire for Loaders

Launch of new OTR tire poised to increase the market share of Yokohama

Unites States: Yokohama Tire Corporation, the North American arm of Japan based - The Yokohama Rubber Co., Ltd. launched a new R69 L5-S OTR radial tire for loaders used in underground mine applications. The new tire would be available in size 18.00R25. Yokohama has planned to display the new tire at the MINExpo scheduled in Las Vegas during September 26-28 at Yokohama’s booth number 7371.

“The R69 was designed to reduce downtime and increase efficiency,” said Tom Clauer, Yokohama manager of commercial and OTR product planning. He further added that, “It’s engineered for endurance and is the ideal tire for businesses looking to increase speed and loads during long-haul mining operations.”

The benefits of the tire includes resistance against heat build-up, improved durability, better cut-resistant tread and a durable belt package which ensures longer life, a sturdier casing and reduced slippage due to an extensive rim contact area through a high tensile strength bead cores which lowers the bead stress. As per TechSci Research, introduction of Yokohama’s new tire is anticipated to support the market share of the company in the Unites States tire market.

According to a recent report published by TechSci Research, “United States Tyre Market Forecast & Opportunities, 2020’’, United States automobile market is the second largest automobile market in the world, with a motorization rate (including passenger cars and commercial vehicles) of more than 790 vehicles per 1,000 individuals, in 2014. Increasing disposable income due to strengthening US Dollar, falling oil and food prices, and rising standard of living, are resulting in an increase in production and sales of vehicles in the US. Steady growth in sales and production of automobiles, expanding automobile fleet, and favorable government policies, are anticipated to propel growth in the US tire market over the next five years.





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