MRO Magazine

Research and Markets: Spain Passenger Car Tire Market Report 2015-2019


October 7, 2015
By Business Wire News

DUBLIN

Research and Markets (http://www.researchandmarkets.com/research/c6wrz7/passenger_car) has announced the addition of the “Passenger Car Tire Market in Spain 2015-2019” report to their offering.

The passenger car tire market in Spain is to grow at a CAGR of 3.10% over the period 2014-2019.

This report covers the present scenario and the growth prospects of the passenger car tire market in Spain for 2015-2019. The market forecast and analysis is provided in terms of volume.

The report also presents the vendor landscape and a corresponding detailed analysis of the prominent vendors in the market. In addition, the report includes the major drivers that are influencing the growth of the passenger car tire market in Spain. It also outlines the challenges faced by the vendors and the market at large, as well as the key trends emerging in the market.

According to the report, an increase in the number of on-road passenger cars directly influences the demand for passenger car tires. The available vehicle parc in a country necessitates the demand in the replacement tires market during the effective service life of the vehicles. With expected stability in the economy, new car purchases will add to the growth of the available vehicle parc and consequently to the replacement tire demand. This demand is continuously increasing across Spain and is driving the demand for passenger car tires.

Further, the report states that increase in retreading of tires is affecting the replacement tire market to a great extent.

The market includes the following segments:

– Replacement segment

– OEM segment

Prominent Vendors:

– Apollo Vredestein

– Bridgestone Europe

– BRISA Bridgestone Sabanci Tire Manufacturing and Trading

– Continental

– Cooper Tire & Rubber

– Debica

– Deldo Autobanden

– Falken Tyre Europe

– FULDA Europe

– Giti Tires

– Goodyear Dunlop Tyres Europe

– Goodyear Dunlop Tyres UK

– Hwa Fong Rubber Industries

– Interstate Tire & Rubber

– Kumho Tire

– Marangoni

– Maxxis International

– Michelin

– Nankang Rubber Tire

– Nexen Tire

– Nokian Tyres

– Pirelli Tyre

– ROSAVA Tires

– Sailun Group

– Sumitomo Rubber Industries

– Toyo Tire & Rubber

– Triangle Group

– Vee Rubber Group

– Yokohama Rubber

For more information visit http://www.researchandmarkets.com/research/c6wrz7/passenger_car

Research and Markets
Laura Wood, Senior Manager
press@researchandmarkets.com
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Sector: Tyres