The report offers detailed coverage of Racing Tires industry and main market trends. The racing tires are the specialized tires, which find major application in auto racing and motorcycle racing. All car tires are built keeping in mind the tire performance, however there are a few differences such as durability, material used, the air filled inside the tire and other features that make racing car tires stand out from other tires. Racing tires are designed specifically to deliver superior performance, and, hence, they undergo various quality, durability, speed, and other tests. Despite the use of natural and synthetic rubber as the primary raw material, a significant extent of textile reinforcements such as rayon, aramid, nylon, and polyester are also used for optimizing the tire performance.
The market research includes historical and forecast market data, demand, application details, price trends, and company shares of the leading Racing Tires by geography. The report splits the market size, by volume and value, on the basis of application type and geography.
The report forecast global Racing Tires market to grow to reach xxx Million USD in 2020 with a CAGR of xx% during the period 2021-2028.
COVID-19 Impact
Report covers Impact of Coronavirus COVID-19: Since the COVID-19 virus outbreak in December 2019, the disease has spread to almost every country around the globe with the World Health Organization declaring it a public health emergency. The global impacts of the coronavirus disease 2019 (COVID-19) are already starting to be felt, and will significantly affect the Racing Tires market in 2020. The outbreak of COVID-19 has brought effects on many aspects, like flight cancellations; travel bans and quarantines; restaurants closed; all indoor/outdoor events restricted; over forty countries state of emergency declared; massive slowing of the supply chain; stock market volatility; falling business confidence, growing panic among the population, and uncertainty about future.
First, this report covers the present status and the future prospects of the global Racing Tires market for 2015-2028.
In this report, we analyze global market from 5 geographies: Asia-Pacific[China, Southeast Asia, India, Japan, Korea, Western Asia], Europe[Germany, UK, France, Italy, Russia, Spain, Netherlands, Turkey, Switzerland], North America[United States, Canada, Mexico], Middle East & Africa[GCC, North Africa, South Africa], South America[Brazil, Argentina, Columbia, Chile, Peru].
Key Companies
Bridgestone Corporation (Japan)
Compagnie Gnrale des tablissements Michelin SCA (France)
Continental AG (Germany)
Goodyear Tire and Rubber Co. (U.S.)
Pirelli & C. SpA (Italy)
Alliance Tire Group (Israel)
Apollo Tires Ltd. (India)
Cooper Tire and Rubber Co.(U.S)
Hangzhou Zhongce Rubber Co. Ltd (China)
Hankook Tire Co (South Korea)
At the same time, we classify Racing Tires according to the type, application by geography. More importantly, the report includes major countries market based on the type and application.
Market by Order Type
Racing Slick Tires
Racing Treaded Tires
Market by Application
Replacement Tires
OEMs
Market Segment as follows:
By Region
Asia-Pacific[China, Southeast Asia, India, Japan, Korea, Western Asia]
Europe[Germany, UK, France, Italy, Russia, Spain, Netherlands, Turkey, Switzerland]
North America[United States, Canada, Mexico]
Middle East & Africa[GCC, North Africa, South Africa]
South America[Brazil, Argentina, Columbia, Chile, Peru]
The research provides answers to the following key questions:
• What is the estimated growth rate and market share and size of the Racing Tires market for the forecast period 2021 - 2028?
• What are the driving forces in the Racing Tires market for the forecast period 2021 - 2028?
• Who are the prominent market players and how have they gained a competitive edge over other competitors?
• What are the market trends influencing the progress of the Racing Tires industry worldwide?
• What are the major challenges and threats restricting the progress of the industry?
• What opportunities does the market hold for the prominent market players?
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