RnRMarketResearch.com adds a new research report Global Automotive Racing Slicks Market 2016-2020. The report, Global Automotive Racing Slicks Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. This report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
The analysts forecast global automotive racing slicks market to grow at a CAGR of 18.43% during the period 2016-2020.
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Racing tires are high-performance tires that are customized for use in racing vehicles. The production of racing tires is capital-intensive and requires a significant degree of hi-tech equipment coupled with highly trained and skilled manpower dedicated to the purpose of engineering and manufacturing. Racing tires are designed to deliver superior performance demanded by racing conditions, and therefore undergo various quality, durability, and speed tests. Natural and synthetic rubber are the primary raw materials in the manufacture of tires. But textile reinforcements like rayon, aramid, nylon, and polyester are also used to manufacture racing tires.
This report covers the present scenario and the growth prospects of the global automotive racing slicks market for 2016-2020. To calculate the market size, the report considers the unit sales of racing slicks across all regions.
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