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Passenger Car Tire Market in Spain 2015-2019

Press Release   •   Aug 05, 2015 05:49 EDT

About Passenger Car Tire Market in Spain
In 2011, Spain had approximately 482 passenger cars per 1,000 people and 424,505 miles of total road network, which depicts the commercial viability of the automotive industry in the country. According to the OICA, the country had 4.522 million passenger cars in use in the same year. The commercial viability of the industry has also translated into the well-being of associated markets such as the automotive tire market.

The country does not have mandatory winter tire regulations. However, vehicles in Spain are subject to winter tire fitments or snow chains (in regions indicated through sign boards). While using snow chains, the upper-speed limit for vehicles has to be below 31 mph. As the country has mixed weather, which differs from inland mountainous areas to the coastal areas, a considerable difference in temperature is observed during winters. Temperature variations in the country necessitates the need for different types of tires, including winter tires, which are typically advocated for places with temperatures of less than 45 degree Fahrenheit.

The report's analysts forecast the passenger car tire market in Spain to grow at a CAGR of 3.10% over the period 2014-2019.

Covered in this Report
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 market includes the following segments:
- Replacement segment
- OEM segment

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.

This report, the Passenger Car Tire Market in Spain 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. It covers the passenger car tire market in Spain landscape and its growth prospects in the coming years. The report also includes a discussion of the key vendors.

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

Market Driver
- Automotive Sales
- For a full, detailed list, view our report

Market Challenge
- Growing Competition
- For a full, detailed list, view our report

Market Trend
- Fall in Rubber Prices
- For a full, detailed list, view our report

Key Questions Answered in this Report
- What will the market size be in 2019 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?

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