Tire Market Analysed & Forecast Worldwide in New Insightful Tech Archival Report Published at MarketPublishers.com Business Wire 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 Company. Report Details: Global Tire Market Assessment & Future Opportunities 2008-2018 Published: April, 2013 Pages: 150 Price: US$ 1,600.00 http://marketpublishers.com/report/machinery/auto_parts/global-tire-market-assessment-future-opportunities-2008-2018.html Other Market Research Reports by Tech Archival Include: *Global Carbon Black Market Assessment & Future Opportunities 2008-2018 *Global Adhesives & Sealants Market Assessment & Future Opportunities 2008-2018 *Global Automobile Market Assessment & Future Opportunities 2008-2018 More new market reports by Tech Archival can be found at http://marketpublishers.com/members/techarchival/info.html Contact: MarketPublishers, Ltd. Tanya Rezler Tel: +44 208 144 6009 Fax: +44 207 900 3970 email@example.com MarketPublishers.com
Tire Market Analysed & Forecast Worldwide in New Insightful Tech Archival Report Published at MarketPublishers.com
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