The Winter Tire Market Research report clarifies the past experience and trends, on the basis of these past experiences, it offers the future prediction considering other factors influencing the growth rate. This worldwide report offers the detailed analysis of the important factors such as market dynamics (DROT), PEST, and PORTER which assists the growth of the Winter Tire Industry. These past experience and factors assist to build the strategy and future planning of Winter Tire Market and hold a place in the competitive world.
The Winter Tire industry Market report offers the competitive scenario in the Winter Tire industry based on the type of product, applications, and the companies that are present in the Winter Tire market, and covers the company profiles, their development policies, lined up products and recent launched along with the SWOT analysis of companies.
This report studies the global Winter Tire market status and forecast, categorizes the global Winter Tire market size (value & volume) by manufacturers, type, application, and region. This report focuses on the top manufacturers in North America, Europe, Japan, China, India, Southeast Asia and other regions (Central & South America, and Middle East & Africa).
Winter tires are tires designed for use in colder weather, snow and ice. Winter tires have more sipes than summer tires, increasing traction on snow and ice. Tires designed for winter conditions are optimized to drive at temperatures below 7 °C (45 °F). They are an alternative to the use of snow chains.
Winter tires are usually tires with a different rubber composition from all-weather (all-season) tires. Cold-weather tires include a greater percentage of natural rubber and silica so there is not as much hardening as found in synthetic rubber in cold conditions: they provide better traction at lower temperatures. Winter tires provide more small-tread areas, increasing traction on snow and, in wet conditions, allowing water to escape from under the tire more easily. This reduces the risk of hydroplaning. Snow/winter tires start to perform better than summer or all-season tires if temperature falls below 7C (45F), as the rubber compounds in the latter harden resulting to decreasing grip even on dry pavement Interestingly one achieves maximum grip on packed snow if the slippage/wheel spinis 40-50%, i.e. one should turn off the traction control in most modern cars for maximum traction.
Studded tires with metal pins that protrude from the tire can greatly reduce skidding and accidents on snow or ice-covered roads. In much of Scandinavia, Canada, and the US, winter tires may have metal studs to improve grip on packed snow or ice, but such tires are prohibited in certain other jurisdictions because of the damage they cause to the road surface.
A tire is a ring-shaped vehicle component that covers the wheel’s rim to protect it and enable better vehicle performance. Most tires, such as those for automobiles and bicycles, provide traction between the vehicle and the road while providing a flexible cushion that absorbs shock.
The materials of modern pneumatic tires are synthetic rubber, natural rubber, fabric and wire, along with carbon black and other chemical compounds.
As for the global Winter Tire industry, the industry structure is relatively dispersion. The top 19 manufacturers occupied 75% of market share. The top five manufacturers are Bridgestone, Michelin, Continental, Goodyear and Nokian Tyres which are close to 47% totally in 2016. The Bridgestone, which has 12.32% market share in 2016, is the leader in the Winter Tire industry. The manufacturers following Bridgestone are Michelin and Continental, which respectively has 10.93% and 8.72% market share globally.
The downstream industries of Winter Tire products are Automobile OE industry and Automobile aftermarket industry. In the recent years, with the recovery of global economic, the development of emerging countries, the enlarging expense of China automotive market, the consumption increase of winter tire will be bright.
We believe winter tire industry relatively mature and have a strong connection with the upstream raw materials and the weather conditions in winter. With the development automobile industry and arise of awareness of traffic safety we tend to believe the future of winter tire will be optimism.
The global Winter Tire market is valued at xx million US$ in 2017 and will reach xx million US$ by the end of 2025, growing at a CAGR of xx% during 2018-2025.
The major manufacturers covered in this report
Geographically, this report studies the top producers and consumers, focuses on product capacity, production, value, consumption, market share and growth opportunity in these key regions, covering
Other regions (Central & South America, Middle East & Africa)
The study objectives of this report are:
To study and analyze the global Winter Tire market size (value & volume) by company, key regions/countries, products and application, history data from 2013 to 2017, and forecast to 2025.
To understand the structure of Winter Tire market by identifying its various subsegments.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
Focuses on the key global Winter Tire manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Winter Tire with respect to individual growth trends, future prospects, and their contribution to the total market.
To project the value and volume of Winter Tire submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.
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