Tire Market Analysed & Forecast Worldwide in New Insightful Tech Archival
Report Published at MarketPublishers.com
LONDON -- April 11, 2013
A weakened world economy, disturbed financial markets and floating exchange
rates have constrainedthe volumes of tire sales particularly in advanced
economies such as North America and Western Europe. As a result, the revenues
of the top industry participants have also been hit to one extent or another.
Nevertheless, some of the behemoths have found a way to cover losses by
pushing up sales in the emerging market countries and scaling up industrial
capacities in the developing geographies as the production costs are lower
there. Meanwhile, besides the gradually rising tire demand in mature markets,
there exist huge growth opportunities in the emerging market economies. The
Asia Pacific nations, especially China, India and Thailand, are expected to
keep on driving demand for tires from pole to pole.
Forecasts say global tire demand is anticipated to increase steadily during
2013-2018, withannualized sales volumes set to reach over 3.6bn units by
end-2018. Passenger car and light truck market segments, which together
accounted for close to 60per cent of the world market's value in 2012, are
predicted to fuel the global demand for tires over the forecast period.
New report “Global Tire Market Assessment & Future Opportunities 2008-2018”
created by Tech Archival offers a comprehensive guide to the tire market
globally, with a focus on North America, Europe, the Asia Pacific, Africa and
the Middle Eastregions. It comprehensively investigates the market with
respect to major products, market and industry statistics, key drivers,
trends, challenges and future opportunities.
Companies discussed include: Bridgestone Corporation, Goodyear Tire & Rubber
Company, Continental AG, Michelin, Pirelli & C. Spa, Yokohama Rubber Company
Ltd., Hankook Tire, Cooper Tire & Rubber Company, and Firestone Tire & Rubber
Global Tire Market Assessment & Future Opportunities 2008-2018
Published: April, 2013
Price: US$ 1,600.00
Other Market Research Reports by Tech Archival Include:
*Global Carbon Black Market Assessment & Future Opportunities 2008-2018
*Global Adhesives & Sealants Market Assessment & Future Opportunities
*Global Automobile Market Assessment & Future Opportunities 2008-2018
More new market reports by Tech Archival can be found at
Tel: +44 208 144 6009
Fax: +44 207 900 3970
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