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Los Angeles, CA -- (SBWIRE) -- 05/15/2019 -- High-performance tires offer for sport performance, agile handling, higher speed capabilities. They feature a softer rubber compound for improved traction, especially on high speed cornering. The trade off of this softer rubber is shorter tread life.
Growing popularity of diverse racing competitions is majorly driving the market.
Automotive high-performance tires are expected to play a significant part in Latin America tires markets, although the demand for normal passenger cars exceeds the demand for luxury sport-utility vehicles in this region.
This report studies the Automotive High Performance Tires market size (value and volume) by players, regions, product types and end industries, history data 2014-2018 and forecast data 2019-2025; This report also studies the global market competition landscape, market drivers and trends, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis.
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Geographically, this report is segmented into several key regions, with sales, revenue, market share and growth Rate of Automotive High Performance Tires in these regions, from 2014 to 2025, covering
North America (United States, Canada and Mexico)
Europe (Germany, UK, France, Italy, Russia and Turkey etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil etc.)
Middle East and Africa (Egypt and GCC Countries)
The various contributors involved in the value chain of the product include manufacturers, suppliers, distributors, intermediaries, and customers. The key manufacturers in this market include
Bridgestone
Continental
Cooper Tires
Goodyear Corporate
Kumho Tire
Sumitomo
Yokohama Rubber
Hankook
Madras Rubber Factory
Michelin Group
Dunlop Tires
By the product type, the market is primarily split into
Racing Slicks
Tread Tires
By the end users/application, this report covers the following segments
Racing Vehicles
Passenger Vehicles
Others
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