O.E. + REPL. ≥18” CAR TYRE MARKET 2019
Source: Company elaborations based on third party data relative to car market and on data provided by local associations of tyre producers
The Car tyre market is expected to fall by -1.2% (previous indication “flat”), with the Standard segment’s performance at -2% while ≥18” is expected to grow by +6%, more contained than the previous indication (+7%) as a consequence of the slowdown of Original Equipment demand (0% / +1% compared with the previous estimate of +2% / +3%). On the other hand, the double-digit growth (~+10%) expected in ≥18” Replacement is confirmed.
2016-2020 KEY DRIVERS OF GLOBAL HIGH VALUE TYRE MARKET GROWTH
Source: Company Presentation