Report studies European tyre market to 2017

ERJ staff report (LMH)

New York -- Reportlinker.com has added a new market research report to its catalogue titled Europe Tyre Market Forecast and Opportunities, 2017.

Reportlinker said, “According to "Europe Tyre Market Forecast & Opportunities, 2017" as small and medium sized countries of Central and Eastern Europe are expected to strengthen their economy, the tyre industry will grow at rapid pace in eastern regions. By 2017, OEM tyre market is expected to grow at the compounded annual growth rate of 3.4 percent to reach 118 million units, whereas, replacement tyre market is expected to reach 373 million units by 2017.”

ERJ has not seen this report and can make no comment on the quality of the research or of the conclusions.

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News release from Reportlinker.com