Slick Tires Market
Slick Tires Market Scope: Industry Analysis, Market
Size, Growth, Trends Till 2031
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Slick Tires Market Size and Growth
The Slick Tires market is experiencing significant growth, driven by increased demand in motorsports and performance vehicles. Current estimates place the market size at approximately $1.5 billion, with a projected CAGR of 5% over the next five years, influenced by advancements in tire technology and expanding automotive sectors globally.
Companies Covered
(Covid 19 Impact Covered)
◍ Cooper Tire and Rubber Co.
◍ Hangzhou Zhongce Rubber
◍ Pirelli & C. SpA
◍ Continental
◍ Bridgestone
◍ Goodyear
◍ Apollo Tires Ltd.
◍ Alliance Tire Group
◍ Hankook Tire Co
The Slick Tires Market is competitive, featuring companies like Cooper Tire, Pirelli, and Bridgestone. These firms innovate through performance-enhancing technologies and cater to motorsport and highperformance vehicles. Their strategic marketing and partnerships drive market growth. For instance, Bridgestone reported sales of approximately $24 billion, and Goodyear around $16 billion.
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Market Segmentation
By Application
F1
Kart Racing
Others
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By Product
Slick Tires
Semi-Slick Tires
Market Growth
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$ X Billion USD
