Global Automotive Racing Slicks Market To Grow At A CAGR Of 18.43% During The Period 2016-2020

MarketResearchReports.biz has recently announced the addition of a market study “ Global Automotive Racing Slicks Market 2016-2020”, is acomparative analysis of the global market.

About Racing Tires

Racing tires are high-performance tires that are customized for use in racing vehicles. The production of racing tires is capital-intensive and requires a significant degree of hi-tech equipment coupled with highly trained and skilled manpower dedicated to the purpose of engineering and manufacturing. Racing tires are designed to deliver superior performance demanded by racing conditions, and therefore undergo various quality, durability, and speed tests. Natural and synthetic rubber are the primary raw materials in the manufacture of tires. But textile reinforcements like rayon, aramid, nylon, and polyester are also used to manufacture racing tires.

Technavios analysts forecast the global automotive racing slicks market to grow at a CAGR of 18.43% during the period 2016-2020.

Covered in this report

The report covers the present scenario and the growth prospects of the global automotive racing slicks market for 2016-2020. To calculate the market size, the report considers the unit sales of racing slicks across all regions.

The market is divided into the following segments based on geography:

Americas

APAC

EMEA

Technavio's report, Global Automotive Racing Slicks Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

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Key vendors

Bridgestone

Pirelli

Continental

Hankook

Michelin

Other prominent vendors

Cooper Tire and Rubber Company

Kumho Tire

Toyo Tire & Rubber

Yokohama Rubber

Market driver

Modern diversity in racing segments leading to new racing formats

For a full, detailed list, view our report

Market challenge

Aquaplaning or hydroplaning limits racing slicks performance

For a full, detailed list, view our report

Market trend

Usage of nanotechnology to enhance head-resistance

For a full, detailed list, view our report

Key questions answered in this report

What will the market size be in 2020 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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