Winter Tire Market in Poland 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 Poland to grow at a CAGR of 4.09 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 Poland 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 Poland. The market includes the following segments:
Technavio Announces the Publication of its Research Report – Winter Tire Market in Poland 2015-2019
Technavio recognizes the following companies as the key players in the Winter Tire Market in Poland: 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: “Emergence of high-performance winter tires is one of the key trends upcoming in the market. Many tire manufacturers have introduced new eco-friendly winter performance tires for the market. The Winter i*cept evo by Hankook Tire is specifically designed with an enhanced tread compound for better performance in all winter conditions for mid-size to prestige vehicles, luxury limousines, and medium SUVs.”
According to the report, growing scope of replacement tire segment is one of the key drivers of this market. An increase in the number of on-road automobiles directly influences the demand for winter tires. This demand, especially for passenger vehicles, is continuously increasing across Poland and is driving the demand for winter tires.
Further, the report states that availability of substitutes is one of the major challenges that the market faces. Winter tires are not mandatory in Poland but are highly recommended to be used across regions with temperatures lower than 45 Fahrenheit. Though the use of studded tires is not allowed in Poland, the country requires the use of snow chains on roads covered with snow and ice. Their mandatory usage is indicated by signs in selective areas, thus leaving a choice for consumers.
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 SpA,ROSAVA Tires, Sailun Group, Sumitomo Rubber Industries Ltd., Toyo Tire & Rubber Co. Ltd., Triangle Group, Vee Rubber Grou, Yokohama Rubber Co. Ltd.