Global Market Research Company US Europe Winter Tire Market Size, Share & Forecast 2 | Page 2

Scope of Report Product of Interest (POI): Winter Tire Europe winter tire market is expected to grow at an impressive rate during the forecast period on account of stringent winter tire usage guidelines in the region. Winter tires or snow tires are designed for use in cold weather, ice and snow. These tires are particularly manufactured with advanced rubber resins, which help them to increase traction while driving over snow. These tires designed for winter driving conditions are optimized for temperatures below 7°C and have tread design with bigger gaps. Implementation of winter tire laws and increasing purchasing power of consumers is expected to aid Europe winter tire market through 2025. Moreover, growing safety concerns and increasing awareness regarding the benefits of using winter tires among consumers is projected to boost the demand for winter tires across Europe over the next five years. Market Segmentation EUROPE WINTER TIRE MARKET Year Range VEHICLE TYPE RADIAL V/S BIAS • Passenger Car • Radial • Light Commercial Vehicle • Bias • Medium & Heavy Commercial Vehicle DEMAND CATEGORY • OEM • Replacement RIM SIZE COUNTRY • Germany • France • United Kingdom • Italy • Spain • Austria Poland • 12”-17” • • 18”-21” • Netherlands • 22” • Czech Republic • Russia Review Period 2015 – 2018 Base Year 2019 Estimated Year 2020 Forecast Period 2021 – 2025 2