Market Analysis and Insights: Global Racing Tires Market
The global Racing Tires market size is projected to reach US$ XX million by 2027, from US$ XX million in 2021, at a CAGR of XX% during 2021-2027.
With industry-standard accuracy in analysis and high data integrity, the report makes a brilliant attempt to unveil key opportunities available in the global Racing Tires market to help players in achieving a strong market position. Buyers of the report can access verified and reliable market forecasts, including those for the overall size of the global Racing Tires market in terms of revenue.
On the whole, the report proves to be an effective tool that players can use to gain a competitive edge over their competitors and ensure lasting success in the global Racing Tires market. All of the findings, data, and information provided in the report are validated and revalidated with the help of trustworthy sources. The analysts who have authored the report took a unique and industry-best research and analysis approach for an in-depth study of the global Racing Tires market.
Global Racing Tires Scope and Market Size
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Download Free sampleThe racing tires are the specialized tires, which find major application in auto racing and motorcycle racing. All car tires are built keeping in mind the tire performance, however there are a few differences such as durability, material used, the air filled inside the tire and other features that make racing car tires stand out from other tires. Racing tires are designed specifically to deliver superior performance, and, hence, they undergo various quality, durability, speed, and other tests. Despite the use of natural and synthetic rubber as the primary raw material, a significant extent of textile reinforcements such as rayon, aramid, nylon, and polyester are also used for optimizing the tire performance.
Racing Tires Market contains market size and forecasts of Racing Tires in global, including the following market information:
Global Racing Tires Market Revenue, 2017-2022, 2023-2028, ($ millions)
Global Racing Tires Market Sales, 2017-2022, 2023-2028, (K Units)
Global top five Racing Tires companies in 2021 (%)
The global Racing Tires market was valued at million in 2021 and is projected to reach US$ million by 2028, at a CAGR of % during the forecast period.
The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.
Auto Racing Tires Segment to Reach $ Million by 2028, with a % CAGR in next six years.
The global key manufacturers of Racing Tires include Bridgestone Corporation (Japan), Compagnie Gnrale des tablissements Michelin SCA (France), Continental AG (Germany), Goodyear Tire and Rubber Co. (U.S.), Pirelli & C. SpA (Italy), Alliance Tire Group (Israel), Apollo Tires Ltd. (India), Cooper Tire and Rubber Co.(U.S) and Hangzhou Zhongce Rubber Co. Ltd (China) and etc. In 2021, the global top five players have a share approximately % in terms of revenue.
MARKET MONITOR GLOBAL, INC (MMG) has surveyed the Racing Tires manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Racing Tires Market, by Type, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global Racing Tires Market Segment Percentages, by Type, 2021 (%)
Auto Racing Tires
Motorcycle Racing Tires
Global Racing Tires Market, by Application, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global Racing Tires Market Segment Percentages, by Application, 2021 (%)
Aftermarket
OEMs
Global Racing Tires Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global Racing Tires Market Segment Percentages, By Region and Country, 2021 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Racing Tires revenues in global market, 2017-2022 (Estimated), ($ millions)
Key companies Racing Tires revenues share in global market, 2021 (%)
Key companies Racing Tires sales in global market, 2017-2022 (Estimated), (K Units)
Key companies Racing Tires sales share in global market, 2021 (%)
Further, the report presents profiles of competitors in the market, key players include:
Bridgestone Corporation (Japan)
Compagnie Gnrale des tablissements Michelin SCA (France)
Continental AG (Germany)
Goodyear Tire and Rubber Co. (U.S.)
Pirelli & C. SpA (Italy)
Alliance Tire Group (Israel)
Apollo Tires Ltd. (India)
Cooper Tire and Rubber Co.(U.S)
Hangzhou Zhongce Rubber Co. Ltd (China)
Hankook Tire Co (South Korea)
The information for each competitor/Company Profile includes:
Key Indicators Analysed:
The content of the study subjects includes a total of 15 chapters:
Chapter 1, describes Racing Tires product scope, market overview, market opportunities, market driving force, and market risks.
Chapter 2, profiles the top manufacturers of Racing Tires, with price, sales, revenue, and global market share of Racing Tires from 2019 to 2022.
Chapter 3, the Racing Tires competitive situation, sales, revenue, and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Racing Tires breakdown data are shown at the regional level, to show the sales, revenue and growth by regions, from 2017 to 2028.
Chapters 5 and 6, to segment the sales by Type and application, with sales market share and growth rate by type, and application, from 2017 to 2028.
Chapters 7, 8, 9, 10, and 11, to break the sales data at the country level, with sales, revenue, and market share for key countries in the world, from 2017 to 2022. and the Racing Tires market forecast, by regions, type, and application, with sales and revenue, from 2023 to 2028.
Chapter 12, the key raw materials and key suppliers, and industry chain of Racing Tires.
Chapter 13, 14, and 15, to describe Racing Tires sales channel, distributors, customers, research findings and conclusion, appendix and data source.
Reasons to Purchase this Report:
Research Methodology:
The research methodology used to estimate and forecast this market begins by capturing the revenues of the key players and their shares in the market. Various secondary sources such as press releases, annual reports, non-profit organizations, industry associations, governmental agencies and customs data, have been used to identify and collect information useful for this extensive commercial study of the market. Calculations based on this led to the overall market size. After arriving at the overall market size, the total market has been split into several segments and subsegments, which have then been verified through primary research by conducting extensive interviews with industry experts such as CEOs, VPs, directors, and executives. The data triangulation and market breakdown procedures have been employed to complete the overall market engineering process and arrive at the exact statistics for all segments and subsegments.
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