The report offers detailed coverage of Automotive High Performance Tires industry and main market trends. High-performance tires offer for sport performance, agile handling, higher speed capabilities. They feature a softer rubber compound for improved traction, especially on high speed cornering. The trade off of this softer rubber is shorter tread life.
Growing popularity of diverse racing competitions is majorly driving the market.
Automotive high-performance tires are expected to play a significant part in Latin America tires markets, although the demand for normal passenger cars exceeds the demand for luxury sport-utility vehicles in this region.
The market research includes historical and forecast market data, demand, application details, price trends, and company shares of the leading Automotive High Performance Tires by geography. The report splits the market size, by volume and value, on the basis of application type and geography.
The report forecast global Automotive High Performance Tires market to grow to reach xxx Million USD in 2020 with a CAGR of xx% during the period 2021-2028.
COVID-19 Impact
Report covers Impact of Coronavirus COVID-19: Since the COVID-19 virus outbreak in December 2019, the disease has spread to almost every country around the globe with the World Health Organization declaring it a public health emergency. The global impacts of the coronavirus disease 2019 (COVID-19) are already starting to be felt, and will significantly affect the Automotive High Performance Tires market in 2020. The outbreak of COVID-19 has brought effects on many aspects, like flight cancellations; travel bans and quarantines; restaurants closed; all indoor/outdoor events restricted; over forty countries state of emergency declared; massive slowing of the supply chain; stock market volatility; falling business confidence, growing panic among the population, and uncertainty about future.
First, this report covers the present status and the future prospects of the global Automotive High Performance Tires market for 2015-2028.
In this report, we analyze global market from 5 geographies: Asia-Pacific[China, Southeast Asia, India, Japan, Korea, Western Asia], Europe[Germany, UK, France, Italy, Russia, Spain, Netherlands, Turkey, Switzerland], North America[United States, Canada, Mexico], Middle East & Africa[GCC, North Africa, South Africa], South America[Brazil, Argentina, Columbia, Chile, Peru].
Key Companies
Bridgestone
Continental
Cooper Tires
Goodyear Corporate
Kumho Tire
Sumitomo
Yokohama Rubber
Hankook
Madras Rubber Factory
Michelin Group
Dunlop Tires
At the same time, we classify Automotive High Performance Tires according to the type, application by geography. More importantly, the report includes major countries market based on the type and application.
Market by Order Type
Racing Slicks
Tread Tires
Market by Application
Racing Vehicles
Passenger Vehicles
Others
Market Segment as follows:
By Region
Asia-Pacific[China, Southeast Asia, India, Japan, Korea, Western Asia]
Europe[Germany, UK, France, Italy, Russia, Spain, Netherlands, Turkey, Switzerland]
North America[United States, Canada, Mexico]
Middle East & Africa[GCC, North Africa, South Africa]
South America[Brazil, Argentina, Columbia, Chile, Peru]
The research provides answers to the following key questions:
• What is the estimated growth rate and market share and size of the Automotive High Performance Tires market for the forecast period 2021 - 2028?
• What are the driving forces in the Automotive High Performance Tires market for the forecast period 2021 - 2028?
• Who are the prominent market players and how have they gained a competitive edge over other competitors?
• What are the market trends influencing the progress of the Automotive High Performance Tires industry worldwide?
• What are the major challenges and threats restricting the progress of the industry?
• What opportunities does the market hold for the prominent market players?
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