The multinational Automotive Premium Tires market had reached xxx million USD with a CAGR xx from 2015-2019. Later on, it will go to xxx million USD in 2020 with a CAGR xx % from 2020 to 2025.
Automotive Premium Tire is a ring or band of rubber, either solid or hollow and inflated, or of metal, placed over the rim of a wheel to provide traction, resistance to wear, or other desirable properties.
In terms of regions, North America will account for the highest automotive premium tires market share throughout the forecast period. The growing demand for luxury passenger cars and the increasing usage of TPMS in automotive tires in North America are some of the factors responsible for the automotive premium tires market growth in this region.
In the global Automotive Premium Tires market, This report focuses particularly in North America, South America, Europe and Asia-Pacific, and Middle East and Africa. This report classifies the market on the basis of application, type, regions, and manufactures.
In market segmentation by manufacturers, the report covers the following companies-
Bridgestone
Michelin
Goodyear
Continental
Pirelli
Hankook
Sumitomo
Yokohama
Maxxis
Zhongce
GITI Tire
Cooper Tire
Kumho Tire
Toyo Tire
Madras Rubber Factory
Apollo Tyres
Triangle Tyre Group
Nexen Tire
Hengfeng Rubber
Nokian Tyres
Linglong Tire
Xingyuan Tires
Sailun Group
In market segmentation by geographical regions, the report has analysed the following regions-
North America (USA, Canada and Mexico)
Europe (Germany, France, UK, Russia and Italy)
Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
South America (Brazil, Argentina, Columbia etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
In market segmentation by types :
Bias Tire
Radial Tire
In market segmentation by applications :
OEMs
Aftermarket
The research provides answers to the following key questions:
• What is the estimated growth rate and market share and size of the Automotive Premium Tires market for the forecast period 2020 - 2025?
• What are the driving forces in the Automotive Premium Tires market for the forecast period 2020 - 2025?
• 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 Premium 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?