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Passenger Car Tires Market in Italy 2015-2019

Passenger Car Tires Market in Italy 2015-2019

About Passenger Car Tires Market in Italy

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.

Technavio's analysts forecast the passenger car tires market in Italy to grow at a CAGR of 5.55% over the period 2014-2019.

Covered in this Report

The report covers the present scenario and the growth prospects of the passenger car tires market in Italy for the period 2015-20149. Based on distribution channel, the passenger car tires market in Italy can be segmented into two: OEM and replacement. To calculate the market size, the report considers revenue generated through the sales from these two segments. Technavio's report, Passenger Car Tires Market in Italy 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. It covers the market landscape and its growth prospects in the coming years. The report includes a discussion of the key vendors operating in this market.

Key Vendors

  • Apollo Vredestein
  • Bridgestone Europe
  • Continental
  • Goodyear Dunlop (EMEA)
  • Michelin
  • Pirelli
Other Prominent Vendors
  • Cooper Tire & Rubber
  • Debica
  • Hankook Tire Group
  • Nankang Rubber Tire
  • Nokian Tyres
  • Syron Tires
Key Market Driver
  • Growing Demand for Passenger Cars
  • For a full, detailed list, view our report
Key Market Challenge
  • Competition among Vendors
  • For a full, detailed list, view our report
Key Market Trend
  • Use of Bio-oils in Tire Manufacturing
  • For a full, detailed list, view our report
Key Questions Answered in this Report
  • What will the market size be in 2019 and what will the growth rate be?
  • What are the key market trends?
  • What is driving this market?
  • What are the challenges to market growth?
  • Who are the key vendors in this market space?
  • What are the market opportunities and threats faced by the key vendors?
  • What are the strengths and weaknesses of the key vendors?


Press Release

Technavio Announces the Publication of its Research Report – Passenger Car Tires Market in Italy 2015-2019

Technavio recognizes the following companies as the key players in the Passenger Car Tires Market in Italy: Apollo Vredestein, Bridgestone Europe, Continental, Goodyear Dunlop (EMEA), Michelin and Pirelli

Other Prominent Vendors in the market are: Cooper Tire & Rubber, Debica, Hankook Tire Group, Nankang Rubber Tire, Nokian Tyres and Syron Tires

Commenting on the report, an analyst from Technavio’s team said: “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.”

According to the report, the domestic demand for new cars pepped up due to demand arising from both individual buyers and commercial users. Increase in the sale of new cars has given momentum to the automotive industry, which has been experiencing negative growth for the past five years. The improved economic scenario and the growth momentum is likely to continue in the forecast period and augment passenger car tire sales, especially from the OEM segment.

Further, the report states that intense competition among tire manufacturers has led to strong bargaining power for buyers.

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

  • Executive Summary
  • List of Abbreviations
  • Scope of the Report
    • Market Overview
    • Product Offerings
  • Market Research Methodology
    • Market Research Process
    • Research Methodology
      • Table Market Research Methodology
  • Introduction
    • Tire Market Overview
    • Tire Classification by Application
      • Table Tire Classification by Application
    • Tire Classification by Construction Technology
    • Tire Classification by Weather Condition
      • Table Description of Tire Type by Weather Condition
    • Tires: Key Markets
    • Key Tire Manufacturers by Geography
  • Tire Manufacturing Process
    • Table Tire Manufacturing Process
  • Life Cycle of Tires
  • Prices of Raw Materials
    • Table Raw Material Price Break-up
  • Tire Industry Supply Chain
  • EU Tire Labeling Regulations
    • Tire Suppliers
    • Tire Distributors
    • Vehicle Suppliers and Distributors
  • Overview of Automotive Industry in Italy
  • Market Landscape
    • Market Overview
      • Table Italy: GDP Growth Rate 2012-2014
    • Market Size and Forecast
      • Table Passenger Car Tires Market in Italy 2014-2019 (millions of units)
  • Passenger Car Tires: Key Markets
    • OEM Passenger Car Tires Market in Italy
      • Table OEM Passenger Car Tires Market in Italy (millions of units)
    • Replacement Passenger Car Tires Market in Italy
      • Table Replacement Passenger Car Tires Market in Italy (millions of units)
  • Market Growth Drivers
  • Drivers and Their Impact
  • Market Challenges
  • Impact of Drivers and Challenges
  • Market Trends
  • Trends and Their Impact
  • Vendor Landscape
    • Competitive scenario
      • Apollo Vredestein
      • Bridgestone Europe
      • Continental
      • Goodyear Dunlop
      • Michelin
      • Pirelli
    • Other Prominent Vendors
  • Key Vendor Analysis
    • Apollo Vredestein
      • Key Facts
      • Business Overview
      • Product Segmentation
        • Table Apollo Vredestein: Product Segmentation
      • Geographical Segmentation
        • Table Apollo Vredestein: Geographical Segmentation
      • Recent Developments
      • SWOT Analysis
    • Bridgestone Europe
      • Key Facts
      • Business Overview
      • Product Segmentation
        • Table Bridgestone Europe: Product Segmentation
      • Geographical Presence
        • Table Bridgestone Europe: Geographical Presence
      • Business Strategy
      • Recent Developments
    • Continental
      • Key Facts
      • Business Overview
      • Business Segmentation by Revenue 2013
        • Table Continental: Business Segmentation by Revenue 2013
      • Business Segmentation by Revenue 2012 and 2013
        • Table Continental: Business Segmentation by Revenue 2012 and 2013 ($ billions)
      • Geographical Segmentation by Revenue 2013
        • Table Continental: Geographical Segmentation by Revenue 2013
      • Business Strategy
      • Recent Developments
    • Goodyear Dunlop Tires Europe
      • Key Facts
      • Business Overview
      • Product segmentation
        • Table Goodyear Dunlop Tires Europe: product segmentation
      • Recent developments
      • SWOT analysis
    • Michelin
      • Key Facts
      • Business Overview
      • Business Segmentation by Revenue 2014
        • Table Michelin: Business Segmentation by Revenue 2014
      • Business Segmentation by Revenue 2013 and 2014
        • Table Michelin: Business Segmentation by Revenue 2013 and 2014 ($ billions)
      • Business Strategy
      • Recent Developments
      • SWOT Analysis
    • Pirelli
      • Key Facts
      • Business Overview
      • Business Segmentation by Revenue 2013
        • Table Pirelli: Business Segmentation by Revenue 2013
      • Business Segmentation by Revenue 2012 and 2013
        • Table Pirelli: Business Segmentation by Revenue 2012 and 2013 ($ millions)
      • Geographical Segmentation by Revenue 2013
        • Table Pirelli: Geographical Segmentation by Revenue 2013
      • Sales Segmentation by End Markets 2013
        • Table Pirelli: Sales Segmentation by End Markets 2013
      • Business Strategy
      • Recent Developments
      • SWOT Analysis
  • Other Reports in this Series

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