DUBLIN--(BUSINESS WIRE)--The "Europe Tire Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026" report has been added to ResearchAndMarkets.com's offering.
The Europe tire market exhibited stable growth during 2015-2020. Looking forward, the Europe tire market to grow at a CAGR of 2.8% during 2021-2026.
Rising demand for electric vehicles coupled with strong domestic production represents some of the key factors supporting the market for tires in Europe. The region, however, witnessed a sharp decline across both the OEM and the replacement sector as a result of the COVID-19 outbreak. As a result, the market is expected to witness a considerable decline in 2020.
The growth of the Europe Tire market can be attributed to the rising consumer demand for ultra-high-performance tires with high durability and reliability. Further, the growing need for automobile tires with increased sidewall puncture resistance, and high-design cushion for road-shock have also augmented the market growth in the region.
Additionally, the high consumer living standards supported by their increasing per capita expenditures on luxury cars have propelled the demand for advanced and premium-quality tires. Moreover, the rising disposable income levels of the European middle-class population have significantly increased the demand for crossover utility vehicles (CUVs) and sport utility vehicles (SUVs), thereby catalyzing the market growth.
Apart from this, growing presence of major tire manufacturing brands such as Continental AG, Michelin, Bridgestone, Goodyear, Pirelli, etc. is also driving the market.
Moreover, due to the rising environmental concerns towards the high vehicular pollution level coupled with the launch of several programs by the European Commission for controlling pollution have led to the introduction of electric vehicles. On account of this, there is a high demand for compatible and durable tires for electric and autonomous vehicles.
Key Questions Answered in This Report:
- How has the Europe tire market performed so far and how will it perform in the coming years?
- What are the key segments in the Europe tire industry?
- What has been the impact of COVID-19 in the Europe tire industry?
- What are the key end-use segments in the Europe tire industry?
- What are the key vehicle types in the Europe tire industry?
- What are the key distribution channels in the Europe tire industry?
- What is the regional breakup of the Europe tire industry?
- What are the various stages in the value chain of the Europe tire industry?
- What are the key driving factors and challenges in the Europe tire industry?
- What is the structure of the Europe tire industry and who are the key players?
- What is the degree of competition in the Europe tire industry?
Competitive Landscape:
The competitive landscape of the industry has also been examined with some of the key players being
- Michelin
- Bridgestone Corporation
- Continental AG
- Goodyear Tire & Rubber Company
- Sumitomo Corporation
- Pirelli C.S.p.A
- Yokohama Tire Corporation
- Hankook Tire & Technologies Co. Ltd
- Toyo Tire Corporation
- Kumho Tire Co. Ltd
Key Topics Covered:
1 Preface
2 Scope and Methodology
3 Executive Summary
4 Introduction
5 Europe Tire Industry
5.1 Market Overview
5.2 Market Performance
5.3 Impact of COVID-19
5.4 Market Forecast
6 Market Breakup by Radial Vs. Bias
6.1 Radial
6.2 Bias
7 Market Breakup by End-Use
7.1 OEM
7.2 Replacement
8 Market Breakup by Vehicle Type
8.1 Passenger Cars
8.1.1 Market Trends
8.1.2 Market Forecast
8.2 Light Commercial Vehicles
8.3 Medium and Heavy Commercial Vehicles
8.4 Two-Wheelers
8.5 Three-Wheelers
8.6 Off-The-Road (OTR)
9 Market Breakup by Size
9.1 Passenger Cars
9.1.1 Market Trends
9.1.2 Market Breakup by Rim Size
9.1.3 Market Breakup by Tire Size
9.1.4 Market Breakup by Price Range
9.1.5 Market Forecast
9.2 Light Commercial Vehicles
9.3 Medium and Heavy Commercial Vehicles
9.4 Two-Wheelers
9.5 Off- The- Road (OTR)
9.6 Three-Wheelers
10 Market Breakup by Distribution Channel
10.1 Offline
10.1.1 Market Trends
10.1.2 Market Forecast
10.2 Online
10.2.1 Market Trends
10.2.2 Market Forecast
11 Market Breakup by Country
12 Tire Pricing Analysis
12.1 Price Indicators
12.2 Cost Structure and Margins
12.3 Manufacturer and Distributor Prices
12.4 Price Trends and Forecast
13 SWOT Analysis
13.1 Overview
13.2 Strengths
13.3 Weaknesses
13.4 Opportunities
13.5 Threats
14 Value Chain Analysis
15 Porters Five Forces Analysis
16 Competitive Landscape
16.1 Market Share and Structure
16.2 Key Players
16.3 Profiles of Key Players
For more information about this report visit https://www.researchandmarkets.com/r/kx6dbv
