Europe Racing Tires Market Size, Share & Trends Analysis Report By Tire Type, By Application, By Distribution Channel, By Country and Growth Forecast, 2023 - 2030

PUBLISHED: March 14, 2024

PAGES: 115 Pages

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The Europe Racing Tires Market would witness market growth of 4.6% CAGR during the forecast period (2023-2030).

The Germany market dominated the Europe Racing Tires Market, By Country in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $1,271.4 Thousands by 2030. The UK market is exhibiting a CAGR of 3.7% during (2023 - 2030). Additionally, The France market would experience a CAGR of 5.4% during (2023 - 2030).

In recent years, the adoption landscape has witnessed an intriguing diversification, influenced by the rise of alternative racing formats and the intersection of motorsports with emerging technologies. The electrification of vehicles, epitomized by the growth of electric racing series like Formula E, has introduced a new dimension to the market.

Moreover, electric vehicles (EVs) present unique challenges, requiring tire manufacturers to reevaluate traditional designs and develop solutions that cater to the distinct performance characteristics of electric race cars.

The development of cutting-edge racing cars in the UK necessitates corresponding advancements in tire technology. As per the Government of the United Kingdom, more Grand Prix cars have been made in Britain than in any other country throughout the last 7 decades. Hence, growing racing car events and racing car production in Europe will assist in the growth of the regional racing tires market.

Based on Tire Type, the market is segmented into Racing Slick Tires, and Racing Treaded Tires. Based on Application, the market is segmented into Auto Racing Tires, and Motorcycle Racing Tires. Based on Distribution Channel, the market is segmented into Replacement Tires, and OEMs. Based on countries, the market is segmented into Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.

List of Key Companies Profiled

Bridgestone Corporation
Continental AG
Michelin
Hankook Tire & Technology
Pirelli & C. S.p.A.
The Goodyear Tire & Rubber Company
The Yokohama Rubber Co., Ltd.
Zhongce Rubber Group Co., Limited
Nexen Tire
Maxxis International USA (Cheng Shin Rubber Industry Co.)

Europe Racing Tires Market Report Segmentation

By Tire Type

Racing Slick Tires
Racing Treaded Tires

By Application

Auto Racing Tires
Motorcycle Racing Tires

By Distribution Channel

Replacement Tires
OEMs

By Country

Germany
UK
France
Russia
Spain
Italy
Rest of Europe

Chapter 1.Market Scope & Methodology

1.1Market Definition
1.2Objectives
1.3Market Scope
1.4Segmentation
- 1.4.1Europe Racing Tires Market, by Tire Type
- 1.4.2Europe Racing Tires Market, by Application
- 1.4.3Europe Racing Tires Market, by Distribution Channel
- 1.4.4Europe Racing Tires Market, by Country
1.5Methodology for the research

Chapter 2.Market at a Glance

2.1Key Highlights

Chapter 3.Market Overview

3.1Introduction
- 3.1.1Overview
  - 3.1.1.1Market Composition and Scenario
3.2Key Factors Impacting the Market
- 3.2.1Market Drivers
- 3.2.2Market Restraints
- 3.2.3Market Opportunities
- 3.2.4Market Challenges
3.3Porter Five Forces Analysis

Chapter 4.Strategies Deployed in Racing Tires Market

Chapter 5.Europe Racing Tires Market, By Tire Type

5.1Europe Racing Slick Tires Market, By Country
5.2Europe Racing Treaded Tires Market, By Country

Chapter 6.Europe Racing Tires Market, By Application

6.1Europe Auto Racing Tires Market, By Country
6.2Europe Motorcycle Racing Tires Market, By Country

Chapter 7.Europe Racing Tires Market, By Distribution Channel

7.1Europe Replacement Tires Market, By Country
7.2Europe OEMs Market, By Country

Chapter 8.Europe Racing Tires Market, By Country

8.1Germany Racing Tires Market
- 8.1.1Germany Racing Tires Market, By Tire Type
- 8.1.2Germany Racing Tires Market, By Application
- 8.1.3Germany Racing Tires Market, By Distribution Channel
8.2UK Racing Tires Market
- 8.2.1UK Racing Tires Market, By Tire Type
- 8.2.2UK Racing Tires Market, By Application
- 8.2.3UK Racing Tires Market, By Distribution Channel
8.3France Racing Tires Market
- 8.3.1France Racing Tires Market, By Tire Type
- 8.3.2France Racing Tires Market, By Application
- 8.3.3France Racing Tires Market, By Distribution Channel
8.4Russia Racing Tires Market
- 8.4.1Russia Racing Tires Market, By Tire Type
- 8.4.2Russia Racing Tires Market, By Application
- 8.4.3Russia Racing Tires Market, By Distribution Channel
8.5Spain Racing Tires Market
- 8.5.1Spain Racing Tires Market, By Tire Type
- 8.5.2Spain Racing Tires Market, By Application
- 8.5.3Spain Racing Tires Market, By Distribution Channel
8.6Italy Racing Tires Market
- 8.6.1Italy Racing Tires Market, By Tire Type
- 8.6.2Italy Racing Tires Market, By Application
- 8.6.3Italy Racing Tires Market, By Distribution Channel
8.7Rest of Europe Racing Tires Market
- 8.7.1Rest of Europe Racing Tires Market, By Tire Type
- 8.7.2Rest of Europe Racing Tires Market, By Application
- 8.7.3Rest of Europe Racing Tires Market, By Distribution Channel

Chapter 9.Company Profiles

9.1Bridgestone Corporation
- 9.1.1Company Overview
- 9.1.2Financial Analysis
- 9.1.3Segmental Analysis
- 9.1.4Recent strategies and developments:
  - 9.1.4.1Product Launches and Product Expansions:
- 9.1.5SWOT Analysis
9.2Continental AG
- 9.2.1Company Overview
- 9.2.2Financial Analysis
- 9.2.3Segmental and Regional Analysis
- 9.2.4Research & Development Expense
- 9.2.5Recent strategies and developments:
  - 9.2.5.1Partnerships, Collaborations, and Agreements:
  - 9.2.5.2Product Launches and Product Expansions:
- 9.2.6SWOT Analysis
9.3Michelin
- 9.3.1Company Overview
- 9.3.2Financial Analysis
- 9.3.3Segmental and Regional Analysis
- 9.3.4SWOT Analysis
9.4Hankook Tire & Technology
- 9.4.1Company Overview
- 9.4.2Financial Analysis
- 9.4.3Regional Analysis
- 9.4.4Recent strategies and developments:
  - 9.4.4.1Partnerships, Collaborations, and Agreements:
  - 9.4.4.2Acquisition and Mergers:
- 9.4.5SWOT Analysis
9.5Pirelli & C. S.p.A.
- 9.5.1Company Overview
- 9.5.2Financial Analysis
- 9.5.3Regional Analysis
- 9.5.4Research & Development Expenses
- 9.5.5Recent strategies and developments:
  - 9.5.5.1Partnerships, Collaborations, and Agreements:
  - 9.5.5.2Product Launches and Product Expansions:
- 9.5.6SWOT Analysis
9.6The Goodyear Tire & Rubber Company
- 9.6.1Company Overview
- 9.6.2Financial Analysis
- 9.6.3Segmental and Regional Analysis
- 9.6.4Research & Development Expenses
- 9.6.5Recent strategies and developments:
  - 9.6.5.1Partnerships, Collaborations, and Agreements:
- 9.6.6SWOT Analysis
9.7The Yokohama Rubber Co., Ltd.
- 9.7.1Company Overview
- 9.7.2Financial Analysis
- 9.7.3Segmental Analysis
- 9.7.4Recent strategies and developments:
  - 9.7.4.1Partnerships, Collaborations, and Agreements:
- 9.7.5SWOT Analysis
9.8Zhongce Rubber Group Co., Limited
- 9.8.1Company Overview
- 9.8.2SWOT Analysis
9.9Nexen Tire
- 9.9.1Company Overview
- 9.9.2Financial Analysis
- 9.9.3SWOT Analysis
9.10.Maxxis International-USA (Cheng Shin Rubber Industry Co.)
- 9.10.1Company Overview
- 9.10.2SWOT Analysis

LIST OF TABLES

TABLE 1Europe Racing Tires Market, 2019 - 2022, USD Million
TABLE 2Europe Racing Tires Market, 2023 - 2030, USD Million
TABLE 3Europe Racing Tires Market, By Tire Type, 2019 - 2022, USD Million
TABLE 4Europe Racing Tires Market, By Tire Type, 2023 - 2030, USD Million
TABLE 5Europe Racing Slick Tires Market, By Country, 2019 - 2022, USD Million
TABLE 6Europe Racing Slick Tires Market, By Country, 2023 - 2030, USD Million
TABLE 7Europe Racing Treaded Tires Market, By Country, 2019 - 2022, USD Million
TABLE 8Europe Racing Treaded Tires Market, By Country, 2023 - 2030, USD Million
TABLE 9Europe Racing Tires Market, By Application, 2019 - 2022, USD Million
TABLE 10Europe Racing Tires Market, By Application, 2023 - 2030, USD Million
TABLE 11Europe Auto Racing Tires Market, By Country, 2019 - 2022, USD Million
TABLE 12Europe Auto Racing Tires Market, By Country, 2023 - 2030, USD Million
TABLE 13Europe Motorcycle Racing Tires Market, By Country, 2019 - 2022, USD Million
TABLE 14Europe Motorcycle Racing Tires Market, By Country, 2023 - 2030, USD Million
TABLE 15Europe Racing Tires Market, By Distribution Channel, 2019 - 2022, USD Million
TABLE 16Europe Racing Tires Market, By Distribution Channel, 2023 - 2030, USD Million
TABLE 17Europe Replacement Tires Market, By Country, 2019 - 2022, USD Million
TABLE 18Europe Replacement Tires Market, By Country, 2023 - 2030, USD Million
TABLE 19Europe OEMs Market, By Country, 2019 - 2022, USD Million
TABLE 20Europe OEMs Market, By Country, 2023 - 2030, USD Million
TABLE 21Europe Racing Tires Market, By Country, 2019 - 2022, USD Million
TABLE 22Europe Racing Tires Market, By Country, 2023 - 2030, USD Million
TABLE 23Germany Racing Tires Market, 2019 - 2022, USD Million
TABLE 24Germany Racing Tires Market, 2023 - 2030, USD Million
TABLE 25Germany Racing Tires Market, By Tire Type, 2019 - 2022, USD Million
TABLE 26Germany Racing Tires Market, By Tire Type, 2023 - 2030, USD Million
TABLE 27Germany Racing Tires Market, By Application, 2019 - 2022, USD Million
TABLE 28Germany Racing Tires Market, By Application, 2023 - 2030, USD Million
TABLE 29Germany Racing Tires Market, By Distribution Channel, 2019 - 2022, USD Million
TABLE 30Germany Racing Tires Market, By Distribution Channel, 2023 - 2030, USD Million
TABLE 31UK Racing Tires Market, 2019 - 2022, USD Million
TABLE 32UK Racing Tires Market, 2023 - 2030, USD Million
TABLE 33UK Racing Tires Market, By Tire Type, 2019 - 2022, USD Million
TABLE 34UK Racing Tires Market, By Tire Type, 2023 - 2030, USD Million
TABLE 35UK Racing Tires Market, By Application, 2019 - 2022, USD Million
TABLE 36UK Racing Tires Market, By Application, 2023 - 2030, USD Million
TABLE 37UK Racing Tires Market, By Distribution Channel, 2019 - 2022, USD Million
TABLE 38UK Racing Tires Market, By Distribution Channel, 2023 - 2030, USD Million
TABLE 39France Racing Tires Market, 2019 - 2022, USD Million
TABLE 40France Racing Tires Market, 2023 - 2030, USD Million
TABLE 41France Racing Tires Market, By Tire Type, 2019 - 2022, USD Million
TABLE 42France Racing Tires Market, By Tire Type, 2023 - 2030, USD Million
TABLE 43France Racing Tires Market, By Application, 2019 - 2022, USD Million
TABLE 44France Racing Tires Market, By Application, 2023 - 2030, USD Million
TABLE 45France Racing Tires Market, By Distribution Channel, 2019 - 2022, USD Million
TABLE 46France Racing Tires Market, By Distribution Channel, 2023 - 2030, USD Million
TABLE 47Russia Racing Tires Market, 2019 - 2022, USD Million
TABLE 48Russia Racing Tires Market, 2023 - 2030, USD Million
TABLE 49Russia Racing Tires Market, By Tire Type, 2019 - 2022, USD Million
TABLE 50Russia Racing Tires Market, By Tire Type, 2023 - 2030, USD Million
TABLE 51Russia Racing Tires Market, By Application, 2019 - 2022, USD Million
TABLE 52Russia Racing Tires Market, By Application, 2023 - 2030, USD Million
TABLE 53Russia Racing Tires Market, By Distribution Channel, 2019 - 2022, USD Million
TABLE 54Russia Racing Tires Market, By Distribution Channel, 2023 - 2030, USD Million
TABLE 55Spain Racing Tires Market, 2019 - 2022, USD Million
TABLE 56Spain Racing Tires Market, 2023 - 2030, USD Million
TABLE 57Spain Racing Tires Market, By Tire Type, 2019 - 2022, USD Million
TABLE 58Spain Racing Tires Market, By Tire Type, 2023 - 2030, USD Million
TABLE 59Spain Racing Tires Market, By Application, 2019 - 2022, USD Million
TABLE 60Spain Racing Tires Market, By Application, 2023 - 2030, USD Million
TABLE 61Spain Racing Tires Market, By Distribution Channel, 2019 - 2022, USD Million
TABLE 62Spain Racing Tires Market, By Distribution Channel, 2023 - 2030, USD Million
TABLE 63Italy Racing Tires Market, 2019 - 2022, USD Million
TABLE 64Italy Racing Tires Market, 2023 - 2030, USD Million
TABLE 65Italy Racing Tires Market, By Tire Type, 2019 - 2022, USD Million
TABLE 66Italy Racing Tires Market, By Tire Type, 2023 - 2030, USD Million
TABLE 67Italy Racing Tires Market, By Application, 2019 - 2022, USD Million
TABLE 68Italy Racing Tires Market, By Application, 2023 - 2030, USD Million
TABLE 69Italy Racing Tires Market, By Distribution Channel, 2019 - 2022, USD Million
TABLE 70Italy Racing Tires Market, By Distribution Channel, 2023 - 2030, USD Million
TABLE 71Rest of Europe Racing Tires Market, 2019 - 2022, USD Million
TABLE 72Rest of Europe Racing Tires Market, 2023 - 2030, USD Million
TABLE 73Rest of Europe Racing Tires Market, By Tire Type, 2019 - 2022, USD Million
TABLE 74Rest of Europe Racing Tires Market, By Tire Type, 2023 - 2030, USD Million
TABLE 75Rest of Europe Racing Tires Market, By Application, 2019 - 2022, USD Million
TABLE 76Rest of Europe Racing Tires Market, By Application, 2023 - 2030, USD Million
TABLE 77Rest of Europe Racing Tires Market, By Distribution Channel, 2019 - 2022, USD Million
TABLE 78Rest of Europe Racing Tires Market, By Distribution Channel, 2023 - 2030, USD Million
TABLE 79Key Information - Bridgestone Corporation
TABLE 80Key Information - Continental AG
TABLE 81Key Information - Michelin
TABLE 82Key Information - Hankook Tire & Technology
TABLE 83Key Information - Pirelli & C. S.p.A.
TABLE 84Key Information - The Goodyear Tire & Rubber Company
TABLE 85Key Information - The Yokohama Rubber Co., Ltd.
TABLE 86Key Information - Zhongce Rubber Group Co., Limited
TABLE 87Key Information - Nexen Tire
TABLE 88Key Information - Maxxis International-USA