Automotive and Transportation

Global Racing Tire Market 2015-2019

  • TEC327770
  • 86 Pages
  • September 2015
  • Automotive and Transportation
About racing tires
Racing tires are a range of ultra-performance tires, which are significantly customized for the usage in racing vehicles for various racing championships. The production of racing tires is highly capital-intensive, requiring a significant degree of hi-tech equipment coupled with highly trained and skilled manpower dedicated to the purpose of engineering and manufacture. Racing tires are designed to deliver superior performance, and, hence, they undergo various quality, durability, and speed tests. Despite the use of natural and synthetic rubber as the primary raw material in the racing tire manufacturing, significant extent of textile reinforcements like rayon, aramid, nylon, and polyester are also used.

Technavios analysts forecast global racing tire market to grow at a CAGR of 14.01% over the period 2014-2019.

Covered in this report
This report covers the present scenario and the growth prospects of global racing tire market for 2015-2019. The market size has been calculated based on the number of units generated by the production of racing tires globally. Based on the type of racing tires, we have segmented the market into racing slicks and racing tread. In addition, the market is also segmented on the basis of end-users. The report also highlights the racing tire market landscape in five key leading countries. We also discuss market growth drivers, the challenges faced by vendors and the industry as a whole, as well as key trends emerging in the market.

Technavios report, Global Racing Tire Market 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the global racing tire market landscape and its growth prospects in the forecast period. The report also includes a discussion of the key vendors operating in this market.

Key vendors
Bridgestone
Continental
Goodyear
Hankook
Michelin
Pirelli

Other prominent vendors
Cooper Tire and Rubber
Kumho Tire
Toyo Tire & Rubber
Yokohama Rubber

Market driver
Growing demand from developing economies
For a full, detailed list, view our report

Market challenge
Narrow end-user segment
For a full, detailed list, view our report

Market trend
Use of bio-oils in manufacturing process
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?
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