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Research Report: Passenger Car Tires Market in Germany 2015-2019

Press Release   •   Aug 03, 2015 06:57 EDT

About Passenger Car Tire Market in Germany
According to the World Bank, in 2011, Germany had 531 passenger cars per thousand people and had a network of roads measuring 643,702 km (399,978 miles). According to the ACEA, there were 42.93 million cars in use in the country during the same year, indicating the commercial viability of the automotive industry and associated markets in the country.

As the country has mandatory winter tire regulations, vehicles in the country need to use winter tire fitments or snow chains depending on the region. The country has mixed weather, and a considerable difference in temperature is observed during winters. For instance, during winters, the temperature may vary from an annual average of 24 degrees Fahrenheit in Zugspitze to 80 degrees Fahrenheit in South-west Germany. This variation in temperature necessitates different types of tires, including winter tires, which are typically advocated for places that experience temperatures less than 45 degrees Fahrenheit. Some of the prominent local and multinational tire brands in the country include Nokian Tyres, Pirelli, Cooper, Goodyear, and Continental.

The report's analysts forecast the passenger car tire market in Germany to grow at a CAGR of 1.85% 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 Germany for the period 2015-2019. 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 passenger car tire market in Germany. In addition, the report includes the major drivers that are influencing the growth of the passenger car tire market in Germany. 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, Passenger Car Tire Market in Germany 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. It covers the passenger car tire market landscape in Germany and its growth prospects in the coming years. The report also includes a discussion of the key vendors operating in this market.

Prominent Vendors
- Apollo Vredestein
- Bridgestone Europe
- BRISA Bridgestone Sabanci Tire Manufacturing and Trading
- Continental
- Cooper Tire & Rubber
- Debica
- Deldo Autobanden
- Falken Tyre 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
- Rise in Automotive Sales Triggering Demand from OEMs
- For a full, detailed list, view our report

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

Market Trend
- Fall in Prices of Rubber
- 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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