Winter Tire Market in France 2015-2019
About Winter Tires
Winter tires, also referred to as snow tires, cold weather tires, and thermal tires, improve the road safety for vehicles during winter, and thus play an important role in reducing road accidents. These tires are made of soft rubber compared to the all-season or summer tires, which help achieve better grip during winters. Furthermore, the newer generation of winter tires is designed with a more flexible rubber compound that is less prone to stiffening in colder temperatures. Its tread is designed to provide improved traction on wet, slushy, snowy, icy, and dry cold surfaces. Winter tires are fitted in sets of four, because fitting only a pair affects the balance and stability of the automobile. Winter tires are of three types: performance, studded, and non-studded.
TechNavio's analysts forecast the Winter Tire market in France to grow at a CAGR of 0.82 percent over the period 2014-2019.
Covered in this Report
This report covers the present scenario and the growth prospects of the Winter Tire market in France for the period 2015-2019. Forecasts and analysis of the market have been done in terms of volume. The market size is calculated on the basis of the unit sales of winter tires in France. The market includes the following segments:
Technavio Announces the Publication of its Research Report – Winter Tire Market in France 2015-2019
Technavio recognizes the following companies as the key players in the Winter Tire Market in France: Apollo Vredestein BV, Bridgestone Corp., BRISA Bridgestone Sabanci Tire Manufacturing and Trading Inc., Continental AG, Cooper Tire & Rubber Co., Dębica SA, Deldo Autobanden NV, Falken Tyre Europe GmbH, Giti Tires Pte. Ltd., Goodyear Dunlop Tires Europe, Goodyear Dunlop Tyres UK, Hwa Fong Rubber Industries Co. Ltd., Kumho Tire Co. Inc., Maxxis International GmbH, Michelin Corp., Nankang Rubber Tire Corp. Ltd., Nexen Tire Corp., Nokian Tyres Inc., Pirelli Tyre SpA, ROSAVA Tires, Sailun Group, Sumitomo Rubber Industries Ltd., Toyo Tire & Rubber Co. Ltd., Triangle Group, Vee Rubber Group and Yokohama Rubber Co. Ltd.
Commenting on the report, an analyst from Technavio’s team said: “Buyers prefer motoring magazine advice to less-understood winter tire labels. The adoption of the EU tire label in the second half of 2012 has resulted in the form of tire labels for all tires available for sale in the region. While tires have on them the mandated labels, drivers in the region have relatively little knowledge about the markings and their associated benefits.”
According to the report, increase in awareness and concerns about passenger safety among customers, government, and automobile manufacturers is one of the major drivers of the Winter Tire market in France. The number of road accidents and casualties has been increasing year after year in France. Winter tires offer superior traction, better acceleration, improved braking efficiency, and enhanced stability compared to normal tires.
Further, the report states that there is a common misconception that all-season tires are suitable for all kinds of weather. However, all-season tires may not always be suitable for severe snow conditions because they do not have features such as cold weather rubber compounds, channeling tread patterns, a large number of tread slits in the tread blocks for wet surface control, and an open tread block pattern for deep snow traction, which can be seen in winter tires.
Apollo Vredestein B.V., Bridgestone Corp., BRISA Bridgestone Sabanci Tire Manufacturing and Trading Inc., Continental AG, Cooper Tire & Rubber Co., Debica S.A., Deldo Autobanden N.V., Falken Tyre Europe GmbH, Giti Tires Pte. Ltd., GoodyearDunlop Tyres Europe, Goodyear Dunlop Tyres UK, Hwa Fong Rubber Industries Co. Ltd., Kumho Tire Co. Inc., Maxxis International GmbH, Michilin Corp., Nankang Rubber Tire Corp. Ltd., Nexen Tire Corp., Nokian Tyres Inc., Pirelli Tyre SpAROSAVA Tires, Sailun Grou, Sumitomo Rubber Industries Ltd., Toyo Tire & Rubber Co. Ltd., Triangle Group, Vee Rubber Group, Yokohama Rubber Co. Ltd.
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