Press release
Global Automotive Winter Tire Market Analysis To Grow At CAGR Of 4.36% Over Period 2017-2021
Winter tires are designed to be used in cold weather and in snowy and icy pavements. These tires have a larger gap tread for increasing traction on snow and mud. Winter tires are an ideal fitment in regions having temperature below 45 F, thereby increasing their adoption in the automotive industry. The developments in rubber technologies have led to the development of studless winter tires.
Technavios analysts forecast the global automotive winter tire market to grow at a CAGR of 4.36% during the period 2017-2021.
Covered in this report
The report covers the present scenario and the growth prospects of the global automotive winter tire market for 2017-2021. To calculate the market size, the report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources.
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The market is divided into the following segments based on geography:
Americas
APAC
EMEA
Technavio's report, Global Automotive Winter Tire Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
Key vendors
Bridgestone
Continental
Goodyear Tire & Rubber Company
Hankook
Michelin
Pirelli
Other prominent vendors
Dunlop
Giti Tire
Nokian Tyres
Toyo Tire & Rubber Company
Market driver
Discounts offered on insurance premium, driving adoption of winter tires
For a full, detailed list, view our report
Market challenge
Prohibition of winter tires in certain regions may impact volume sales
For a full, detailed list, view our report
Market trend
Bio-oil-based formulation in manufacturing process of winter tires
For a full, detailed list, view our report
Key questions answered in this report
What will the market size be in 2021 and what will the growth rate be?
What are the key market trends?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?
What are the market opportunities and threats faced by the key vendors?
What are the strengths and weaknesses of the key vendors?
You can request one free hour of our analysts time when you purchase this market report. Details are provided within the report.
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Table of Contents
PART 01: Executive summary
PART 02: Scope of the report
PART 03: Research Methodology
PART 04: Introduction
Automotive industry
Winter road conditions: Need for winter tires
Market dynamics: Winter tire
Value chain analysis
PART 05: Market landscape
Market overview
Difference between all-season tire and winter tire
Winter tire manufacturing process
Market size and forecast
Five forces analysis
PART 06: Market segmentation by vehicle type
Segmentation of global automotive winter tire market by vehicle type
Global automotive winter tire market in passenger cars segment
Global automotive winter tire market in commercial vehicles segment
PART 07: Geographical segmentation
Segmentation of global automotive winter tire market by geography
Automotive winter tire market in EMEA
Automotive winter tire market in Americas
Automotive winter tire market in APAC
PART 08: Decision framework
PART 09: Drivers and challenges
Market drivers
Market challenges
PART 10: Market trends
Premature breakage of snow chains may drive adoption of winter tire owing to enhanced reliability and efficiency
Adoption of nanotechnology to enhance grip and performance in extreme weather conditions
Framing of new standards for special winter commercial vehicle tires
Bio-oil-based formulation in manufacturing process of winter tires
PART 11: Vendor landscape
Competitive scenario
Other prominent vendors
PART 12: Key vendor analysis
Bridgestone
Continental
Goodyear Tire & Rubber Company
Hankook
Michelin
Pirelli
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