Hercules Launches Tires for Light Trucks
Hercules tire has announced introduction of
new tire variants in its Terra Trac portfolio
United States: Hercules
has launched new Terra Trac tires, the Terra Trac mud terrain and the Terra
Trac T/G Max. Both the tires are exclusive by the company, however, are made
for tough applications. The tires possess supreme road hazard protection with a
safety period for upto two years. Moreover, the tires have compound
formulations for myriad off and on road conditions.
“These are two more tires that exemplify Hercules’ promise to
deliver extraordinary value. The Terra Trac M/T and Terra Trac T/G Max are
high-quality, great-looking products with unbeatable warranties that offer our
dealers great profit potential and differentiation,” said Jedd Emans, Hercules
Tires’ vice president of marketing.
The Terra Trac M/T has a higher void to rubber ratio and has
a better on road stability, stud pins and has a reversible camouflage sidewall.
The Terra Trac T/G Max has silica filled cut and chip resistant compound which
protects, the tire against severe damage. Moreover, te tire is also deployed
with a square profile design. The Terra Trac T/G Max will be available in a wheel
size ranging from 15 to 18-inch diameter.
According to a recent report published by TechSci Research , “United
States Tyre Market Forecast & Opportunities,2020”, replacement tire segment accounted for
more than 80% share in the United States tire market, as of 2014. However, the
share of replacement tire segment is expected to decline over the forecast
period, due to faster growth anticipated in the OEM tire segment. Passenger car
tire segment accounted for the largest volume share of more than 80%, in the
market during 2014, followed by light commercial vehicle tire segment.
TechSci Research believes that, though
Hercules does not stand among the top players in the United States tire market,
however, by launching its new range of tires, Hercules would able to mark its
presence, specifically in the light commercial vehicle tire market of US.
Eventually, the light commercial vehicle customer base for Hercules tires is
anticipated to increase at a marginal pace in the United States tire market in
coming years.