Winter Tire market in Germany to grow at a CAGR of 1.66% over the period 2014-2019; Finds New Report

Report forecast the Winter Tire market in Germany to grow at a CAGR of 1.66 percent over the period 2014-2019.

Winter tires, also referred to as snow tires, cold weather tires, and thermal tires, improve the road safety for vehicles during winter, and thus play an important role in reducing road accidents. These tires are made of soft rubber compared to the all-season or summer tires, which help achieve better grip during winters. Furthermore, the newer generation of winter tires is designed with a more flexible rubber compound that is less prone to stiffening in colder temperatures. Its tread is designed to provide improved traction on wet, slushy, snowy, icy, and dry cold surfaces. Winter tires are fitted in sets of four, because fitting only a pair affects the balance and stability of the automobile. Winter tires are of three types: performance, studded, and non-studded.

This report covers the present scenario and the growth prospects of the Winter Tire market in Germany for the period 2015-2019. Forecasts and analysis of the market have been done in terms of volume. The market size is calculated on the basis of the unit sales of winter tires in Germany. The market includes the following segments:

• Passenger Car Winter Tires: includes passenger car and utility vehicle tires
• LCV Winter Tires
• Truck Winter Tires
• Bus Winter Tires

According to the report, an increase in the number of on-road automobiles directly influences the demand for winter tires. This demand, especially for passenger vehicles, is continuously increasing across Germany and is driving the demand for winter tires.

Further, the report states that absence of a uniform regulation across Europe limits the scope of winter tires growth at national lev

Winter Tire Market in Germany 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. It covers the market landscape and its growth prospects in the coming years. The report also includes a discussion of the key vendors operating in this market.

Key players in the Winter Tire Market in Germany 2015-2019: Apollo Vredestein BV, Bridgestone Corp., BRISA Bridgestone Sabanci Tire Manufacturing and Trading Inc., Continental AG, Cooper Tire & Rubber Co., Debica SA, Deldo Autobanden NV, Falken Tire Europe GmbH, Giti Tires Pte. Ltd., Goodyear Dunlop Tires Europe BV, Goodyear Dunlop Tyres UK Ltd., Hwa Fong Rubber Industries Co. Ltd., Kumho Tire Co. Inc., Maxxis International GmbH, Michelin Corp., Nankang Rubber Tire Corp. Ltd., Nexen Tire Corp., Nokian Tyres Inc., Pirelli Tyre SpA, ROSAVA Tires, Sailun Group, Sumitomo Rubber Industries Ltd., Toyo Tire & Rubber Co. Ltd., Triangle Group, Vee Rubber Group and Yokohama Rubber Co. Ltd.

Market Driver

• Rise in Scope of Replacement Tire Segment
• For a full, detailed list, view our report

Market Challenge

• Differing Legal Regulations in Europe
• For a full, detailed list, view our report

Market Trend

• Emergence of High Performance Winter Tires
• For a full, detailed list, view our report

Key Questions Answered in this Report

• What will the market size be in 2019 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?

Spanning over 219 pages, “Winter Tire Market in Germany 2015-2019” report covers Executive Summary, List of Abbreviations, Scope of the Report, Market Research Methodology, Introduction, Market Landscape, Tire Market Overview, Segmentation of Key Tire Manufacturers by Geography, Tire Industry Supply Chain, Tires: Distribution Channels, Life Cycle of Tires, Analysis of Raw Materials Prices, Factors Affecting Tire Prices, EU Tire Labeling Regulation, Recent Trends in Tire Market in Europe, EU Winter Tire Regulations, Germany: An Introduction, General Overview of Tire Market in Germany, Introduction, Market Landscape, Market Segmentation by Vehicle Type, Buying Criteria, Market Growth Drivers, Drivers and their Impact, Market Challenges, Impact of Drivers and Challenges, Market Trends, Trends and their Impact, Tire Disposal, Vendor Landscape, Key Vendor Analysis.

For further information on this report, please visit- http://mrr.cm/4PT

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