Research and Markets: Italian Passenger Car Tires Market 2015 Report

DUBLIN--()--Research and Markets (http://www.researchandmarkets.com/research/nv38bd/passenger_car) has announced the addition of the "Passenger Car Tires Market in Italy 2015-2019" report to their offering.

Italy's Passenger Car Tires Market in Italy to Grow at a CAGR of 5.55% Over the Period 2014-2019

The automotive industry in Italy is one of the major contributors to the nation's economy, and it contributes significantly to the nation's GDP. The automobile industry in Italy is export-oriented, with the majority of vehicles being exported to Europe, Asia, and the Americas.

The OEM market for tires in Italy had been experiencing a stable growth rate for many years before the economic crisis as new car registrations averaged a growth rate of approximately 7% on a yearly basis before 2008. New vehicle registrations in the country, every year, ensure the positive prospect for the replacement tire market, as tires are subject to wear and tear with vehicle usage. Currently, the country, however, is in the relatively stable condition as economic conditions have improved with time, and the export-oriented industries in Italy have been able to revive the growth of the economy. Passenger car sales in Italy achieved a growth rate of 4% in 2014 as compared to 2013.

One of the trends in the tire industry is the growing use of environmentally friendly raw materials. Goodyear has been experimenting with soybean oil in the manufacture of tires. Studies conducted by the company have found that by using soybean oil in tires their tread life increased by 10%. This can help the company save up to 26 million liters of petroleum based oils each year. The use of soybean oil offers numerous other benefits as well. Rubber compounds made with soybean oil blend more easily with the silica that is used in tire manufacturing, thus making the manufacturing process simpler. The use of soybean oil has also been found to improve tire efficiency and reduce energy consumption and greenhouse emissions.

Key Topics Covered

  1. Executive Summary
  2. List of Abbreviations
  3. Scope of the Report
  4. Market Research Methodology
  5. Introduction
  6. Tire Manufacturing Process
  7. Life Cycle of Tires
  8. Prices of Raw Materials
  9. Tire Industry Supply Chain
  10. EU Tire Labeling Regulations
  11. Overview of Automotive Industry in Italy
  12. Market Landscape
  13. Passenger Car Tires: Key Markets
  14. Market Growth Drivers
  15. Drivers and Their Impact
  16. Market Challenges
  17. Impact of Drivers and Challenges
  18. Market Trends
  19. Trends and Their Impact
  20. Vendor Landscape
  21. Key Vendor Analysis

Companies Mentioned

  • Apollo Vredestein
  • Bridgestone Europe
  • Continental
  • Goodyear Dunlop (EMEA)
  • Michelin
  • Pirelli
  • Cooper Tire & Rubber
  • Debica
  • Hankook Tire Group
  • Nankang Rubber Tire
  • Nokian Tyres
  • Syron Tires

For more information visit http://www.researchandmarkets.com/research/nv38bd/passenger_car

Contacts

Research and Markets
Laura Wood, Senior Manager
press@researchandmarkets.com
For E.S.T Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
U.S. Fax: 646-607-1907
Fax (outside U.S.): +353-1-481-1716
Sector: Tyres, Tyres

Contacts

Research and Markets
Laura Wood, Senior Manager
press@researchandmarkets.com
For E.S.T Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
U.S. Fax: 646-607-1907
Fax (outside U.S.): +353-1-481-1716
Sector: Tyres, Tyres