Market Research Report
The Future of Winter Tyres to 2021
|Published by||Smithers Rapra||Product code||364522|
|Published||Content info||107 Pages
Delivery time: 1-2 business days
|The Future of Winter Tyres to 2021|
|Published: July 31, 2016||Content info: 107 Pages||
Winter tyres are a niche within the global tire industry, but there is still room for growth within the market as they accounted for $19.3 billion in worldwide tire sales for 2015.
The market for winter tyres is driven by seasonal wintery road conditions, and low temperatures in northern countries and regions (such as Europe, Russia, and North America). These conditions have translated into demands for greater driving safety from motorists, insurance companies and, not least, governments at country and state/province levels. Despite the regulatory support, however, demand is still highly influenced by the severity of winters - making it difficult for manufacturers, distributors and raw material suppliers to plan, and raising the prospects of periodic shortages or excess supply.
The Future of Winter Tyres to 2021 provides technology and market forecasts to guide strategic efforts in this dynamic part of the global tyre industry. The data and information for these forecasts was gathered using a combination of primary and secondary research. Primary research consisted of interviews with major global players across the tyre supply chain including tyre manufacturers, tyre raw materials suppliers, tyre machinery suppliers, tyre/rubber industry associations and car/ truck manufacturers. Secondary research consisted of a review of published material, conference proceedings and information from organisations and companies involved in the production, supply and use of tyres and their ingredients. These data sources were analysed to provide estimates and forecasts for the tyre markets by end-use sector, type and region.