DUBLIN, September 22, 2014 /PRNewswire/ --
Research and Markets (http://www.researchandmarkets.com/research/w3qqbr/low_rolling) has announced the addition of the "Low Rolling Resistance Truck and Bus Radial Tire Market in Europe 2014-2018" report to their offering.
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Tires are an integral component of vehicles and are manufactured using raw materials such as natural rubber, nylon, tire cord fabric, and carbon black. Rubber chemicals and synthetic rubber, including styrene-butadiene rubber and poly-butadiene rubber, are also used in manufacturing tires. Low rolling resistance tires are essentially green tires, and their usage enhances fuel efficiency, vehicle performance, and safety. It also helps to reduce vehicular emissions.
The analysts forecast the Low Rolling Resistance Truck and Bus Radial Tire market in Europe to grow at a CAGR of 6.23 percent over the period 2013-2018.
The report, the Low Rolling Resistance Truck and Bus Radial Tire Market in Europe 2014-2018, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the Europe; it also covers the Low Rolling Resistance Truck and Bus Radial Tire market in Europe landscape and its growth prospects in the coming years. The report also includes a discussion of the key vendors operating in this market.
One key trend emerging in this market is the intense competition among the major vendors in the market. The truck, bus, and mid-sized segment vehicles have been experiencing a steady adoption of radial tires in recent years.
According to the report, the increased focus on environmental-friendly tires is a major factor propelling the growth of the Low Rolling Resistance Truck and Bus Radial market in Europe. The European Union government has introduced stringent norms to decrease harmful emissions from trucks and buses.
Further, the report states that one of the major challenges in this market is the high cost of low rolling radial tires. These tires are more expensive when compared with the other normal tires for buses and trucks. The manufacturers are unable to keep their product prices low because of the increased price of raw materials; thus customers are not able to afford to replace normal tires with low rolling radial tires.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
Key Topics Covered:
01. Executive Summary
02. List of Abbreviations
03. Scope of the Report
04. Market Research Methodology
06. Market Landscape
07. Geographical Segmentation
08. Buying Criteria
09. Market Growth Drivers
10. Drivers and their Impact
11. Market Challenges
12. Impact of Drivers and Challenges
13. Market Trends
14. Trends and their Impact
15. Vendor Landscape
16. Key Vendor Analysis
17. Other Reports in this Series
- Apollo Vredestein
- The Goodyear Tire and Rubber
- Cooper Tire and Rubber
- Falken Tire
- Hankook Tire Worldwide
- Kumho Tire
- Maxxis International
- Nokian Tyres
- Pirelli & C.
- Sumitomo Rubber Industries
- TheGeneral Tire and Rubber
- Toyo Tire & Rubber
- Yokohama Rubber
For more information visit http://www.researchandmarkets.com/research/w3qqbr/low_rolling
Media Contact: Laura Wood , +353-1-481-1716, firstname.lastname@example.org
SOURCE Research and Markets