Global Automotive Tire Market Performance Discussed by MarketsandMarkets in In-demand Report Available at MarketPublishers.com04 May 2015 • by Natalie Aster
LONDON – Presently, the worldwide automotive tire market is following an upward trend. The market growth is spurred primarily by the rising level of tire radialization and also by huge demand for green tires. Furthermore, growth in the world automotive tire market will likely be boosted by the considerable upturn in demand for heavy-duty vehicles and light passenger vehicles.
Asia–Oceania currently takes dominance in the worldwide automotive tire market. Through 2019, the regional market is anticipated to see a 6.16% CAGR. Meantime, Japan and China are the biggest markets for automotive tires in the Asia-Oceania region. Markets in these countries are driven by the growing number of vehicle manufacturing units owing to rising production capacity and low production costs.
Continental Group, Pirelli & C. S.p.A, Michelin Group, Bridgestone Group, Goodyear Tire & Rubber Company are amid the major companies, enjoying remarkable shares of the worldwide automotive tire market.
Comprehensive research report “Automotive Tire Market by Type (Radial, and Bias/Cross ply), Section Width (230 mm), Aspect Ratio (70), and Aftermarket (Radial, and Bias/Cross Ply) - Global Trends and Forecast to 2019” prepared by MarketsandMarkets delves into the global automotive tire market scenario.
The research study offers an in-depth review of the market performance, provides data on the market size, volume and value. Moreover, the report studies the major market growth drivers, challenges, restraints, etc. the report outlines future opportunities for the market, characterizes top trends and discusses the most urgent issues related to the world automotive tire market. The study identifies and profiles the key market players. Furthermore, the report unveils information on the market segmentation (on the basis of type, region, section width, aspect ratio and aftermarket). The competitive landscape examination is included into the research report as well. Besides, the publication comprises a five-year forecast for the global automotive tires market.
Automotive Tire Market by Type (Radial, and Bias/Cross ply), Section Width (230 mm), Aspect Ratio (70), and Aftermarket (Radial, and Bias/Cross Ply) - Global Trends and Forecast to 2019
Date: March 11, 2015
Price: US$ 4,650.00
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