Boston, MA -- (SBWIRE) -- 07/08/2014 -- Tires are an integral component of automobiles and are manufactured using raw materials such as natural rubber, nylon tire cord fabric, and carbon black. Rubber chemicals and synthetic rubber, including styrene-butadiene rubber and poly-butadiene rubber, are also used in manufacturing tires. Low rolling resistance tires are essentially green tires, and their use enhances fuel efficiency, vehicle performance, and safety, besides helping to bring about a reduction in vehicular emissions.

TechNavio's analysts forecast the Low Rolling Resistance Tire Market in Europe to grow at a CAGR of 6.24 percent over the period 2013-2018.

Covered in this Report

This report covers the present scenario and the growth prospects of the Low Rolling Resistance Tire market in Europe for the period 2014-2018. It also presents the vendor landscape and corresponding detailed analysis of the top five vendors that excel in manufacturing low rolling resistance tires. In addition, the report discusses the major drivers that influence the growth of the Low Rolling Resistance Tire market in Europe. It also outlines the challenges faced by the vendors and the market at large, as well as the key trends that are emerging in the market.

View Full Report Details and Table of Contents

TechNavio's report, the Low Rolling Resistance Tire Market in Europe 2014-2018, has been prepared based on an in-depth market analysis with inputs from industry experts. The report is focused only on India only; it also covers the Low Rolling Resistance Tire market landscape and its growth prospects in the coming years.

Key Region

- Europe

Key Vendors

- Apollo Tyres Ltd.
- Bridgestone Corp.
- Compagnie Generale des Etablissements Michelin SCA
- Continental AG
- The Goodyear Tire and Rubber Co.

Other Prominent Vendors

- Carlisle Corp.
- Cooper Tire and Rubber Co.
- Falken Tire Corp.
- Hankook Tire Worldwide Co. Ltd.
- Kumho Tire Co. Inc.
- Maxxis International
- Nokian Tyres PLC
- Pirelli & C. SpA
- Sumitomo Rubber Industries Ltd.
- The General Tire and Rubber Co.
- Toyo Tire & Rubber Co. Ltd.
- Yokohama Rubber Co. Ltd.

Market Driver

- Compliance with Stringent Fuel Efficiency Standards
- For a full, detailed list, view our report.

Market Challenge

- Expensive Nature of Low Rolling Resistance Tires
- For a full, detailed list, view our report.

Market Trend

- Increase in Demand for Radial and Tubeless Tires
- For a full, detailed list, view our report.

Key Questions Answered in this Report

- What will the market size be in 2018 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?

You can request one free hour of our analyst's time when you purchase this market report. Details are provided within the report.

Companies Mentioned in this Report: Apollo Tyres Ltd., Bridgestone Corp., Compagnie Generale des Etablissements Michelin SCA, Continental AG, The Goodyear Tire and Rubber Co., Carlisle Corp., Cooper Tire and Rubber Co., Falken Tire Corp., Hankook Tire Worldwide Co. Ltd., Kumho Tire Co. Inc., Maxxis International, Nokian Tyres PLC, Pirelli & C. SpA, Sumitomo Rubber Industries Ltd., The General Tire and Rubber Co., Toyo Tire & Rubber Co. Ltd., Yokohama Rubber Co. Ltd.

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