Just-auto publishes Fifth Edition of Global Tyres Market Review
Just-auto has published a new report on the global automotive tyre industry, including revised forecasts for the market until 2016. The 91-page fifth edition reviews emerging trends, such as the rising interest in run-flat, UHP and what the report calls ultra-fuel efficiency tyres, and offers exclusive interviews with senior executives of Bridgestone, Continental and Goodyear. The report is available on the marketsandcompanies.com website for download at a cost of £575.
Since the last edition of automotive tyres was published in July 2008, the outlook for the automotive industry has significantly changed. Given the current state of the industry, just-auto has completely revised its estimates and forecasts of the automotive tyres market volumes and values. An addendum sets out just-auto’s revised forecasts f based on latest forecasting analysis for passenger car vehicle assembly in North America, Western Europe and Japan from 2005 through to 2016.
Although only one-quarter of road tyres are specified and bought by the vehicle-makers, just-auto summarises, this segment of the market is significant as it drives technical development and has a major influence over the aftermarket. The popularity of sports utility vehicles (SUVs), minivans and cross-over vehicles has prompted manufacturers to redesign their tyres, and innovation has remained focused on improving tyre dimensions, weight, rolling resistance, noise, and fuel efficiency.