Winter tires are designed to be used in cold weather and in snowy and icy pavements. These tires have a larger gap tread for increasing traction on snow and mud. Winter tires are an ideal fitment in regions having temperature below 45 F, thereby increasing their adoption in the automotive industry. The developments in rubber technologies have led to the development of studless winter tires.
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Emerging trends in the market such as the increased use of bio-oils in the manufacturing process of tires would help to boost the growth in the light of demand for ecological tire manufacturing process. Orange oils, extracted from orange peels, are used in the process to help reduce the amount of petroleum used in tires. In addition, the tire market has also witnessed an increase in R&D investments. The use of nanotechnology is a recent invention used in the manufacture of tires. In addition, the demand of retreading of tires is increasing by a considerable rate. The retreading of tires helps to reduce the operating cost significantly in the aftermarket, as it helps to prevent the tires from a complete replacement, and thereby is a cost effective option. The casings can help to provide multiple life cycles, saving a significant amount especially for the fleet operators in the commercial vehicle market.
The global Winter Tires market is valued at xx million US$ in 2018 is expected to reach xx million US$ by the end of 2025, growing at a CAGR of xx% during 2019-2025.
This report focuses on Winter Tires volume and value at global level, regional level and company level. From a global perspective, this report represents overall Winter Tires market size by analyzing historical data and future prospect. Regionally, this report focuses on several key regions: North America, Europe, China and Japan.
Key companies profiled in Winter Tires Market report are Michelin, Bridgestone, The Goodyear Tire & Rubber, Continental Aktiengesellschaft, Pirelli, The Yokohama Rubber, Sumitomo Rubber, Toyo Tire & Rubber, Hankook Tire, Cooper Tire & Rubber, Triangle Tyre, Nokian Tyres and more in term of company basic information, Product Introduction, Application, Specification, Production, Revenue, Price and Gross Margin (2014-2019), etc.
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Table of Content
1 Winter Tires Market Overview
2 Global Winter Tires Market Competition by Manufacturers
3 Global Winter Tires Production Market Share by Regions
4 Global Winter Tires Consumption by Regions
5 Global Winter Tires Production, Revenue, Price Trend by Type
6 Global Winter Tires Market Analysis by Applications
7 Company Profiles and Key Figures in Winter Tires Business
8 Winter Tires Manufacturing Cost Analysis
9 Marketing Channel, Distributors and Customers
10 Market Dynamics
11 Global Winter Tires Market Forecast
12 Research Findings and Conclusion
13 Methodology and Data Source