New York, NY -- (SBWIRE) -- 07/17/2017 -- The analysts forecast the global automotive winter tire market to grow at a CAGR of 4.36% during the period 2017-2021.

Winter tires are designed to be used in cold weather and in snowy and icy pavements. These tires have a larger gap tread for increasing traction on snow and mud. Winter tires are an ideal fitment in regions having temperature below 45 F, thereby increasing their adoption in the automotive industry. The developments in rubber technologies have led to the development of studless winter tires.

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Covered in this report

The report covers the present scenario and the growth prospects of the global automotive winter tire market for 2017-2021. To calculate the market size, the report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources.

The market is divided into the following segments based on geography:
- Americas
- APAC
- EMEA

The report, Global Automotive Winter Tire Market 2017-2021, 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.

Key vendors
- Bridgestone
- Continental
- Goodyear Tire & Rubber Company
- Hankook
- Michelin
- Pirelli

Other prominent vendors
- Dunlop
- Giti Tire
- Nokian Tyres
- Toyo Tire & Rubber Company

Market driver
- Discounts offered on insurance premium, driving adoption of winter tires
- For a full, detailed list, view our report

Market challenge
- Prohibition of winter tires in certain regions may impact volume sales
- For a full, detailed list, view our report

Market trend
- Bio-oil-based formulation in manufacturing process of winter tires
- For a full, detailed list, view our report

Key questions answered in this report
- What will the market size be in 2021 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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Table Of Contents – Major Key Points

PART 01: Executive summary

PART 02: Scope of the report

PART 03: Research Methodology

PART 04: Introduction
- Automotive industry
- Winter road conditions: Need for winter tires
- Market dynamics: Winter tire
- Value chain analysis

PART 05: Market landscape
- Market overview
- Difference between all-season tire and winter tire
- Winter tire manufacturing process
- Market size and forecast
- Five forces analysis

PART 06: Market segmentation by vehicle type
- Segmentation of global automotive winter tire market by vehicle type
- Global automotive winter tire market in passenger cars segment
- Global automotive winter tire market in commercial vehicles segment

PART 07: Geographical segmentation
- Segmentation of global automotive winter tire market by geography
- Automotive winter tire market in EMEA
- Automotive winter tire market in Americas
- Automotive winter tire market in APAC

PART 08: Decision framework

PART 09: Drivers and challenges
- Market drivers
- Market challenges

PART 10: Market trends
- Premature breakage of snow chains may drive adoption of winter tire owing to enhanced reliability and efficiency
- Adoption of nanotechnology to enhance grip and performance in extreme weather conditions
- Framing of new standards for special winter commercial vehicle tires
- Bio-oil-based formulation in manufacturing process of winter tires

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