DUBLIN, September 18, 2014 /PRNewswire/ --
Dublin - Research and Markets (http://www.researchandmarkets.com/research/hwnxfd/global_automotive) has announced the addition of the "Global Automotive Tire Industry 2014-2019: Trends, Profits and Forecast Analysis" report to their offering.
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The global automotive tire industry is expected to reach an estimated value of $249.9 billion by 2019. The major drivers of tire industry are high demand for green tires, growth in commercial and passenger vehicles sales, and increasing level of tire radialization. Technological innovations and increasing factory automation are likely to propel the global automotive tire industry in the near future. Increase in vehicle production and high use of innovative bio-based materials are the driving forces of the global automotive tire industry. Growing demand of automotive tire from emerging economies, such as China, India, Thailand, and Vietnam, is anticipated to boost the industry.
This report provides an analysis of the global automotive tire industry including industry trend, cost structure, growth opportunities, key drivers, and emerging trends of the industry. The study also includes global automotive tire industry trends and forecasts through 2019, segmented by regions and by vehicle type as follows:
Global Automotive Tire Industry by Region:
- North America
- Asia Pacific
- Rest of World
Global Automotive Tire Industry by Vehicle Type:
- Passenger Car Tire
- Commercial Vehicle Tire
- Two-Wheeler Tire
- Specialty Tire
On the basis of its comprehensive research, the author forecasts that majority of the segments for tire industry will experience moderate growth during 2014-2019. The two-wheeler tire segment is likely to grow at a greater pace than passenger car tire segment and commercial vehicle tire segment during the forecast period. Innovations in green tire manufacturing, fuel efficient tires, and continuous changes in tire designs will possibly boost the industry. Bridgestone Corporation, Michelin SCA, and Goodyear Tire & Rubber Company are among the major suppliers of global automotive tire industry. Continous innovation of products is very important for companies to sustain their successful position in the industry.
This unique report will provide you with valuable information, insights, and tools needed to identify new growth opportunities and operate your business successfully in this market. This report will save hundreds of hours of your own personal research time and will significantly benefit you in expanding your business in this market. In today's stringent economy, you need every advantage that you can find.
Key Topics Covered:
1. Executive Summary
2. Industry Definition and Scope
3. Industry Overview
4. Macroeconomic Trend
5. Industry Trends
6. Competitive Landscape
7. Macroeconomic Forecast
8. Industry Forecasts
9. Emerging Trends
10. Growth Opportunity
For more information visit http://www.researchandmarkets.com/research/hwnxfd/global_automotive
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SOURCE Research and Markets