European Tyre Industry Prospects Examined in Discounted TechSci Research Report Available at MarketPublishers
8th December, 2012
December 06, 2012 06:06 AM Eastern Time
LONDON--With the strengthening of the European economy, the tyre industry is poised for rapid growth in the region, especially in its eastern countries. Thus, the OEM tyre market is likely to grow at about 3.5% CAGR to reach 118 million units; while the replacement tyre market is forecast to reach 373 million units by 2017-end. The bulk of the leading Europeam tyre producers have already began adopting novel tyre technologies and improving sales network to maintain their market dominance.
However, starting from 2013 the tyre sales scenario is expected to change following a range of policy and regulatory developments being implemented by the EU.
Discounted market research report “Europe Tyre Market Forecast and Opportunities, 2017” elaborated by TechSci Research provides keen insights into the European tyre market dynamics.
The study provides market size (value and volume) and share (by channel and by segment) information, and offers forecast in a global scenario, as well as for the tyre market in the European region as a whole as well as in its five key countries, namely the UK, France, Germany, Italy and Spain. The outlook for Europe’s retreading market, regional raw material market analysis, industry PEST analysis, the EU tyre trade, market trends also be obtained in the research report.
Companies mentioned include: Goodyear Dunlop Tyres Europe, Bridgestone Europe, Pirelli Tyres, Continental, Michelin, Trelleborg Wheel Systems, Cooper Tyres, Nokian Tyres, Hankook Tyres, and Mitas Tyres.