Table of Contents
Since the last tire report prepared in the first half of 2011, the world of tires has changed. From the strong recovery of 2010-2011 and following brief period of sustained growth, the market has entered another slow-down. The European tire market in particular has eased substantially and can be regarded as in a state of crisis for all the key segments with weak demand and reduced tire sales exacerbated by de-stocking, reduced demand and consumers switching from premium brands to lower-priced imports. Meanwhile the US has seen zero growth during 2012 while China, on the other hand, has seen its volumes increase and it is projecting further increase in 2013. China now dominates global tire manufacture, making more car and truck tires than any other country and although much of that growth has been driven by exports, China’s domestic market remains the only major market to have shown sustained positive growth in the last five years.
About this Report
Trends in the Global Tire Industry is an in depth study of the sector with detailed analysis of those internal and external drivers influencing the development of the industry. It looks at the economic, commercial, ecological and legislative influences and how they are affecting the choice of raw materials and influence the supply chain and lead to technological change both in terms of the product and its manufacture. Key profit opportunities for the different types of tire are considered along with OE relationships and the strategies and projects of the tire manufacturers.
A stock of 27 in-depth company profiles is also included with this report.
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