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Global demand for tires is forecast to rise 4.3 percent per year to 2.9 billion units in 2017. In value terms, sales of tires are projected to increase 7.9 percent annually to $276 billion in 2017.
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World Tires to 2017byFreedonia Group Explore all reports for “Tires” market @ www.rnrmarketresearch.com/reports/automotive-transportation/automotive/tires. © RnRMarketResearch.com ; sales@rnrmarketresearch.com ; +1 888 391 5441
World Tires to 2017 The collection of ‘Tires’ market research reports has a new addition of “World Tires to 2017” on RnRMarketResearch.com. World demand to rise 4.3% annually through 2017 World demand for tires is forecast to rise 4.3 percent per year to 2.9 billion units in 2017. In value terms, sales of tires are projected to increase 7.9 percent annually to $276 billion in 2017. Global growth in the tire market will continue to be led by developing countries in the Asia/Pacific region, particularly China and India. Worldwide demand for tires will also be supported by improved economic conditions in advanced countries in Western Europe and North America, but gains in these regions will continue to trail the global average. Asia/Pacific region to claim two-thirds of total growth The Asia/Pacific region will be responsible for the bulk of global tire demand gains, accounting for two-thirds of total growth through 2017. China is the largest market for tires in the world, representing 25 percent of global demand in 2012. Growth in demand for tires in China will not be able to match the especially rapid gains posted over the 2007-2012 period, as expansion of both motor vehicle production and motor vehicle usage will decelerate. Request a sample copy of this report @ http://www.rnrmarketresearch.com/contacts/request-sample?rname=141511. © RnRMarketResearch.com ; sales@rnrmarketresearch.com ; +1 888 391 5441
World Tires to 2017 Gains in North America, Western Europe to lag The markets for tires in North America and Western Europe will show improvement relative to the 2007-2012 periods, but gains will remain below two percent per annum in both regions through 2017. Stronger economic environments will result in advancements in both new vehicle production and vehicle usage, supporting growth in demand for tires. However, slow population growth and mature rates of personal motor vehicle usage will serve to constrain market gains. Table of Contents Overview 31General 31Regional Overview 32Demand 32Production 37Production Capacity 39International Trade 41 Demand by Market 43Light Vehicle 45Complete report available @ http://www.rnrmarketresearch.com/world-tires-to-2017-market-report.html. © RnRMarketResearch.com ; sales@rnrmarketresearch.com ; +1 888 391 5441
World Tires to 2017 For more details contact Mr. PriyankTiwari:sales@rnrmarketresearch.com/ +18883915441 RnR Market Research RnRMarketResearch.com, an online repository of market research reports, offers in-depth analysis of over 5000 market segments. RnR Market Research library has syndicated reports by leading market research publishers across the globe. © RnRMarketResearch.com ; sales@rnrmarketresearch.com ; +1 888 391 5441