Preview

Global Premium Tires Market Expected Growth of CAGR of 9.72 percent by 2018

Satisfactory Essays
Open Document
Open Document
548 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Global Premium Tires Market Expected Growth of CAGR of 9.72 percent by 2018
Tires are an integral component of vehicles and are manufactured using raw materials such as natural rubber, nylon tire cord fabric, and carbon black. Rubber chemicals and synthetic rubber, including styrene-butadiene rubber and poly-butadiene rubber, are also used in manufacturing tires. Premium tires are high-cost tires which undergo several quality, durability, and speed tests, and are designed to deliver high performance. Premium tires are mainly used in premium class vehicles as they deliver improved performance, fuel efficiency, and ride quality.
Analysts forecast the Global Premium Tire market will grow at a CAGR of 9.72 percent over the period 2013-2018.

Covered in this Report
This report covers the present scenario and the growth prospects of the Global Premium Tire market for the period 2014-2018. It presents the vendor landscape and a corresponding detailed analysis of the top five vendors in the market. It discusses the major drivers that influence the growth of the market. It also outlines the challenges faced by the vendors and the market at large, as well as the key trends that are emerging in the market.

The premium tires covered in the report are:
• Tires by speed code W (168-186 mph), Y (186 mph), and Z (more than 186 mph)
• Run-flat tires
• SUV and winter tires with speed codes higher than H (130 mph)
• Motorsport tires

Global Premium Tire Market 2014-2018, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the Americas and the EMEA and APAC regions; it also covers the Global Premium Tire market landscape and its growth prospects in the coming years. The report also includes a discussion of the key vendors operating in this market.

Inquire before buying the Report @ http://www.reportsnreports.com/contacts/InquiryBeforeBuy.aspx?name=279859

Key Regions
• Americas
• EMEA
• APAC

Key Vendors
• Bridgestone Corp.
• Compagnie Générale des Établissements Michelin SCA
•
Continue Reading
View Writing Issues

You May Also Find These Documents Helpful

  • Satisfactory Essays

    Market Segmentation Canadian Tire
    • 490 Words
    • 2 Pages

    Market Segmentation Canadian Tire

    3. Income: Canadian tire is preferred mostly by Gen X. They are the money making generation and they are more likely to shop at Canadian tire for its brand value, good products, best deals and appropriate pricing.…

    • 490 Words
    • 2 Pages
    Satisfactory Essays
    Read More
  • Powerful Essays

    Canadian Tire Financial Analysis
    • 4124 Words
    • 17 Pages

    Canadian Tire Financial Analysis

    Canadian Tire Corporation, Limited is a Canadian corporation that offers goods and services that meet life’s everyday needs. The corporation has an interrelated network business engaged in retailing goods, apparel, petroleum, and the financial and automotive services. The company was founded in 1922 by J. William Billes and Alfred J. Billes in Toronto, Ontario. Today, Canadian Tire Corporation has grown to a diverse network of business with more than 1,200 general merchandise and apparel retail stores and gas bars, as well as a major financial services provider. With more than 58,000 employees, the red triangle becomes one of the nation’s most trusted brands.…

    • 4124 Words
    • 17 Pages
    Powerful Essays
    Read More
  • Good Essays

    Discount Atv Tires Case Analysis
    • 416 Words
    • 2 Pages

    Discount Atv Tires Case Analysis

    Discount Tire was founded in 1960, in Ann Arbor by Bruce T. Halle. It has grown from one operation to the tire and wheel retailer largest independent US. Its growth was mainly due to the company's focus on affordable, customer service, and ensure their satisfaction. Halle said that for a company to have the outstanding features in the commodities market, product differentiation. However, improving the customer experience is an urgent job to be able to enhance the value of the brand.…

    • 416 Words
    • 2 Pages
    Good Essays
    Read More
  • Better Essays

    Canadian Tire
    • 1625 Words
    • 7 Pages

    Canadian Tire

    References: Strauss, MARINA. "The Globe and Mail." The Globe and Mail. N.p., 07 Mar. 2013. Web. 19 Mar. 2013. http://www.theglobeandmail.com/globe-investor/goodbye-big-box-canadian-tire-thinks-small-to-take-on-giant-target/article9382548/…

    • 1625 Words
    • 7 Pages
    Better Essays
    Read More
  • Powerful Essays

    Discount Tires Research Paper
    • 1705 Words
    • 7 Pages

    Discount Tires Research Paper

    The tire industry is a very competitive industry to be in. It's all about the low that can be provided for the clientele as well as the convenience of a short wait time for a vehicle to be worked on. They rely heavily on the ability to bring in new clients and to wow the…

    • 1705 Words
    • 7 Pages
    Powerful Essays
    Read More
  • Satisfactory Essays

    Goodyear Tire and Rubber Company Case Study
    • 312 Words
    • 2 Pages

    Goodyear Tire and Rubber Company Case Study

    Goodyear Tire and Rubber Company has been one of the largest and best-selling automotive tire companies since the growth of the automotive industry in the early 1900’s. In early 1992, Goodyear company executives were reconsidering a proposal made by Sears management about carrying and selling Goodyear’s tires.…

    • 312 Words
    • 2 Pages
    Satisfactory Essays
    Read More
  • Satisfactory Essays

    Get-Tough Policy on Chinese Tires Falls Flat
    • 576 Words
    • 3 Pages

    Get-Tough Policy on Chinese Tires Falls Flat

    In his article, Get-Tough Policy on Chinese Tires Falls Flat, John Bussey sheds some light on to the tariff that the U.S. enacted in 2009 on Chinese tire imports. The tariff was meant to limit the import of passenger and light-truck tires and help give a boost to manufacturers and job creation in the U.S. As many of the opponents of the tariff point out, it has not added any substantial amount of jobs in the industry but has instead lead to higher prices due to the price of the tariff being passed down to the consumer. In the first year the number of imports from China dropped nearly 35% but in reality it didn’t increase manufacturing here in the U.S., instead the business moved to Indonesia, Thailand, and Mexico. One tire shop owner argues that prices have also increased for the U.S. made tire as well due to those manufacturers using the cover of the tariff to raise their prices across the board.…

    • 576 Words
    • 3 Pages
    Satisfactory Essays
    Read More
  • Better Essays

    Goodyear Aquatred
    • 1540 Words
    • 7 Pages

    Goodyear Aquatred

    The tire market can be segmented in three ways. The first way is by tire, either by performance or broad-line tires. Performance tires were more expensive but gave the consumer more traction and control. Another segment was by either OEM or replacement tires. OEM tires are those which are included when a new car was purchased and a passenger replacement tire are those which are bought after initial tires are worn out. The last segment was by major brand which was about 36% of the market, smaller brand which had 24% or by a private label which held a 40% share. Goodyear was a major brand and made about 65% of its revenues off of replacement tire sales, with the rest coming from OEM sales. The US replacement tire market in 1991 accounted for 8.6 billion dollars. The Aquatred tire is to be launched in the replacement market because it would take a few years to develop a contract for OEM sales. This would be too long of a wait because competitors had their own versions of the Aquatred due to release sometime within beginning 1993.…

    • 1540 Words
    • 7 Pages
    Better Essays
    Read More
  • Good Essays

    The Treadway Tire Company
    • 1258 Words
    • 6 Pages

    The Treadway Tire Company

    The Treadway Tire Company continues to claim a major role in the tire manufacturing industry of the United States of America. With more than 9,000 employees in eight manufacturing plants, we must look at our workforce as the most valuable resource and revaluate our challenges in this area as opportunities for improvement.…

    • 1258 Words
    • 6 Pages
    Good Essays
    Read More
  • Good Essays

    Romeo and Juliet – Literary Paragraph
    • 956 Words
    • 4 Pages

    Romeo and Juliet – Literary Paragraph

    In Romeo and Juliet, each character has a specific role and for the main character, Romeo, seems to be the one who changes the most. Romeo changes throughout the play as he is constantly become mature. As Romeo’s thoughts, feelings and actions have revealed his great changes among all other characters. According to the play, Romeo presented three palpable changes as the followings, he gets over Rosaline right after meeting Juliet, his hatred towards Tybalt changes into love back and forth, and he forgets about his desire to die right after receiving the message from Nurse. These changes made Romeo’s character even more important and appealing, which presented the love, hatred and violence of play. Firstly, Romeo changes the most because he quickly gets over Rosaline right after meeting Juliet in the first Act. Romeo is first presented as a lovesick boy who is greatly depressed about Rosaline’s refusals. But then, after Romeo encounters Juliet in the Capulet’s party, he apparently forgets about Rosaline and falls in love with Juliet. Meanwhile his mood changes from vulnerable to excited and confident, this has shown that Romeo is quite fickle and immature in love. For example, in the play when Romeo first sees Rosaline in the party he mutters “Did my heart love till now? Forswear it, sight!/ For I ne’er saw true beauty till this night.” (I. v. 52-53). He completely forgets about Rosaline that he loved so much before and how fast he falls in love with Juliet at first sight. Also, in the play when Romeo leaves Juliet’s balcony to Friar Lawrence place, he informs Friar Lawrence about his plan for marring Juliet, “With Rosaline, my ghostly father? No!/ I have forgot that name, and that name woe.” (II. iii. 46-47). Romeo even forgets Rosaline’s name with the sorrow she brings him. Indeed, Romeo is becoming positive and enthusiastic about love again while he gets over Rosaline after meeting Juliet. Soon, Romeo’s love changes to…

    • 956 Words
    • 4 Pages
    Good Essays
    Read More
  • Powerful Essays

    Case Study Goodyear
    • 1023 Words
    • 5 Pages

    Case Study Goodyear

    • private label had become the biggest threat for all branded tires since many branded tire owners intended to replace their tires with private label.…

    • 1023 Words
    • 5 Pages
    Powerful Essays
    Read More
  • Better Essays

    Goodyear Tire Swot
    • 1286 Words
    • 6 Pages

    Goodyear Tire Swot

    Goodyear has evolved as a leader in tire manufacturing and retreading across the globe. The company is the third largest tire company in the world with revenue surpassing twenty billion dollars. Goodyear is the best-selling tire in North America. Goodyear has very strong growth potential in all markets. This is a positive strength because competition is fierce and there is no room for error in the tire business due to the low profit margins on tires. Goodyear remains very profitable despite competition and that has Goodyear in a strong position for future plans and innovations.…

    • 1286 Words
    • 6 Pages
    Better Essays
    Read More
  • Powerful Essays

    Green Tire Uniformity Measurement Using High Speed Laser Profile Sensors
    • 1986 Words
    • 8 Pages

    Green Tire Uniformity Measurement Using High Speed Laser Profile Sensors

    Tire Uniformity Engineers are tasked with improving uniformity by reducing variation at many steps in tire production – raw materials, component preparation, tire assembly, and curing. Executive Managers are tasked with making investments to modernize equipment to achieve those improvements. As improvements in mixing, calendering, and extrusion are realized it is more often than not the tire building process that presents the best opportunities for uniformity improvement. Green tires with better geometrical uniformity produce cured tires with better uniformity. This results in lower cost of scrap, fewer production problems, reduced uniformity grind rates, and better overall tire quality. The primary tire building non-uniformities are caused by component placement (centering and snaking), splicing (butt splice, overlapping splice, and skived splice), turn-ups, and stitching. This paper presents examples of these non-uniformities at each stage of assembly using the high speed laser profile sensor-based Green Tire Uniformity (GTU) system from Bytewise Measurement Systems. The GTU sensor is used to scan any stage of tire building, and the GTU software applies various analysis tools to determine radial runout, tread…

    • 1986 Words
    • 8 Pages
    Powerful Essays
    Read More
  • Satisfactory Essays

    Efas and Ifas for Starbucks in India
    • 713 Words
    • 3 Pages

    Efas and Ifas for Starbucks in India

    Population: I think the bigger population is, the bigger market will be. As the second largest population country, India was one of the biggest markets in the world, so I weight it as 0.2.…

    • 713 Words
    • 3 Pages
    Satisfactory Essays
    Read More
  • Powerful Essays

    Mypol
    • 4114 Words
    • 17 Pages

    Mypol

    In the year 1981, a group of people from various disciplines of rubber and polymers science and technology, engineering, finance, marketing and management got together and analyzed the Indian Automotive and Rubber Industry Scenario.…

    • 4114 Words
    • 17 Pages
    Powerful Essays
    Read More

Related Topics