Europe Racing Tires Market Size, Share & Trends Analysis Report By Tire Type (Racing Slick Tires, and Racing Treaded Tires), By Application (Auto Racing Tires, and Motorcycle Racing Tires), By Distribution Channel, By Country and Growth Forecast, 2023 - 2030

The Europe Racing Tires Market would witness market growth of 4.6% CAGR during the forecast period (2023-2030).

The Germany market dominated the Europe Racing Tires Market, By Country in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $1,271.4 Million by 2030. The UK market is exhibiting a CAGR of 3.7% during (2023 - 2030). Additionally, The France market would experience a CAGR of 5.4% during (2023 - 2030).

In recent years, the adoption landscape has witnessed an intriguing diversification, influenced by the rise of alternative racing formats and the intersection of motorsports with emerging technologies. The electrification of vehicles, epitomized by the growth of electric racing series like Formula E, has introduced a new dimension to the market.

Moreover, electric vehicles (EVs) present unique challenges, requiring tire manufacturers to reevaluate traditional designs and develop solutions that cater to the distinct performance characteristics of electric race cars.

The development of cutting-edge racing cars in the UK necessitates corresponding advancements in tire technology. As per the Government of the United Kingdom, more Grand Prix cars have been made in Britain than in any other country throughout the last 7 decades. Hence, growing racing car events and racing car production in Europe will assist in the growth of the regional racing tires market.

Free Valuable Insights: The Global Racing Tires Market will Hit USD 15.8 Billion by 2030, at a CAGR of 5.3%

Based on Tire Type, the market is segmented into Racing Slick Tires, and Racing Treaded Tires. Based on Application, the market is segmented into Auto Racing Tires, and Motorcycle Racing Tires. Based on Distribution Channel, the market is segmented into Replacement Tires, and OEMs. Based on countries, the market is segmented into Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.

List of Key Companies Profiled

• Bridgestone Corporation
• Continental AG
• Michelin
• Hankook Tire & Technology
• Pirelli & C. S.p.A.
• The Goodyear Tire & Rubber Company
• The Yokohama Rubber Co., Ltd.
• Zhongce Rubber Group Co., Limited
• Nexen Tire
• Maxxis International USA (Cheng Shin Rubber Industry Co.)

Europe Racing Tires Market Report Segmentation

By Tire Type

• Racing Slick Tires
• Racing Treaded Tires

By Application

• Auto Racing Tires
• Motorcycle Racing Tires

By Distribution Channel

• Replacement Tires
• OEMs

By Country

• Germany
• UK
• France
• Russia
• Spain
• Italy
• Rest of Europe

Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 Europe Racing Tires Market, by Tire Type
1.4.2 Europe Racing Tires Market, by Application
1.4.3 Europe Racing Tires Market, by Distribution Channel
1.4.4 Europe Racing Tires Market, by Country
1.5 Methodology for the research

Chapter 2. Market at a Glance
2.1 Key Highlights

Chapter 3. Market Overview
3.1 Introduction
3.1.1 Overview
3.1.1.1 Market Composition and Scenario
3.2 Key Factors Impacting the Market
3.2.1 Market Drivers
3.2.2 Market Restraints
3.2.3 Market Opportunities
3.2.4 Market Challenges
3.3 Porter Five Forces Analysis

Chapter 4. Strategies Deployed in Racing Tires Market

Chapter 5. Europe Racing Tires Market, By Tire Type
5.1 Europe Racing Slick Tires Market, By Country
5.2 Europe Racing Treaded Tires Market, By Country

Chapter 6. Europe Racing Tires Market, By Application
6.1 Europe Auto Racing Tires Market, By Country
6.2 Europe Motorcycle Racing Tires Market, By Country

Chapter 7. Europe Racing Tires Market, By Distribution Channel
7.1 Europe Replacement Tires Market, By Country
7.2 Europe OEMs Market, By Country

Chapter 8. Europe Racing Tires Market, By Country
8.1 Germany Racing Tires Market
8.1.1 Germany Racing Tires Market, By Tire Type
8.1.2 Germany Racing Tires Market, By Application
8.1.3 Germany Racing Tires Market, By Distribution Channel
8.2 UK Racing Tires Market
8.2.1 UK Racing Tires Market, By Tire Type
8.2.2 UK Racing Tires Market, By Application
8.2.3 UK Racing Tires Market, By Distribution Channel
8.3 France Racing Tires Market
8.3.1 France Racing Tires Market, By Tire Type
8.3.2 France Racing Tires Market, By Application
8.3.3 France Racing Tires Market, By Distribution Channel
8.4 Russia Racing Tires Market
8.4.1 Russia Racing Tires Market, By Tire Type
8.4.2 Russia Racing Tires Market, By Application
8.4.3 Russia Racing Tires Market, By Distribution Channel
8.5 Spain Racing Tires Market
8.5.1 Spain Racing Tires Market, By Tire Type
8.5.2 Spain Racing Tires Market, By Application
8.5.3 Spain Racing Tires Market, By Distribution Channel
8.6 Italy Racing Tires Market
8.6.1 Italy Racing Tires Market, By Tire Type
8.6.2 Italy Racing Tires Market, By Application
8.6.3 Italy Racing Tires Market, By Distribution Channel
8.7 Rest of Europe Racing Tires Market
8.7.1 Rest of Europe Racing Tires Market, By Tire Type
8.7.2 Rest of Europe Racing Tires Market, By Application
8.7.3 Rest of Europe Racing Tires Market, By Distribution Channel

Chapter 9. Company Profiles
9.1 Bridgestone Corporation
9.1.1 Company Overview
9.1.2 Financial Analysis
9.1.3 Segmental Analysis
9.1.4 Recent strategies and developments:
9.1.4.1 Product Launches and Product Expansions:
9.1.5 SWOT Analysis
9.2 Continental AG
9.2.1 Company Overview
9.2.2 Financial Analysis
9.2.3 Segmental and Regional Analysis
9.2.4 Research & Development Expense
9.2.5 Recent strategies and developments:
9.2.5.1 Partnerships, Collaborations, and Agreements:
9.2.5.2 Product Launches and Product Expansions:
9.2.6 SWOT Analysis
9.3 Michelin
9.3.1 Company Overview
9.3.2 Financial Analysis
9.3.3 Segmental and Regional Analysis
9.3.4 SWOT Analysis
9.4 Hankook Tire & Technology
9.4.1 Company Overview
9.4.2 Financial Analysis
9.4.3 Regional Analysis
9.4.4 Recent strategies and developments:
9.4.4.1 Partnerships, Collaborations, and Agreements:
9.4.4.2 Acquisition and Mergers:
9.4.5 SWOT Analysis
9.5 Pirelli & C. S.p.A.
9.5.1 Company Overview
9.5.2 Financial Analysis
9.5.3 Regional Analysis
9.5.4 Research & Development Expenses
9.5.5 Recent strategies and developments:
9.5.5.1 Partnerships, Collaborations, and Agreements:
9.5.5.2 Product Launches and Product Expansions:
9.5.6 SWOT Analysis
9.6 The Goodyear Tire & Rubber Company
9.6.1 Company Overview
9.6.2 Financial Analysis
9.6.3 Segmental and Regional Analysis
9.6.4 Research & Development Expenses
9.6.5 Recent strategies and developments:
9.6.5.1 Partnerships, Collaborations, and Agreements:
9.6.6 SWOT Analysis
9.7 The Yokohama Rubber Co., Ltd.
9.7.1 Company Overview
9.7.2 Financial Analysis
9.7.3 Segmental Analysis
9.7.4 Recent strategies and developments:
9.7.4.1 Partnerships, Collaborations, and Agreements:
9.7.5 SWOT Analysis
9.8 Zhongce Rubber Group Co., Limited
9.8.1 Company Overview
9.8.2 SWOT Analysis
9.9 Nexen Tire
9.9.1 Company Overview
9.9.2 Financial Analysis
9.9.3 SWOT Analysis
9.10. Maxxis International–USA (Cheng Shin Rubber Industry Co.)
9.10.1 Company Overview
9.10.2 SWOT Analysis

TABLE 1 Europe Racing Tires Market, 2019 - 2022, USD Million
TABLE 2 Europe Racing Tires Market, 2023 - 2030, USD Million
TABLE 3 Europe Racing Tires Market, By Tire Type, 2019 - 2022, USD Million
TABLE 4 Europe Racing Tires Market, By Tire Type, 2023 - 2030, USD Million
TABLE 5 Europe Racing Slick Tires Market, By Country, 2019 - 2022, USD Million
TABLE 6 Europe Racing Slick Tires Market, By Country, 2023 - 2030, USD Million
TABLE 7 Europe Racing Treaded Tires Market, By Country, 2019 - 2022, USD Million
TABLE 8 Europe Racing Treaded Tires Market, By Country, 2023 - 2030, USD Million
TABLE 9 Europe Racing Tires Market, By Application, 2019 - 2022, USD Million
TABLE 10 Europe Racing Tires Market, By Application, 2023 - 2030, USD Million
TABLE 11 Europe Auto Racing Tires Market, By Country, 2019 - 2022, USD Million
TABLE 12 Europe Auto Racing Tires Market, By Country, 2023 - 2030, USD Million
TABLE 13 Europe Motorcycle Racing Tires Market, By Country, 2019 - 2022, USD Million
TABLE 14 Europe Motorcycle Racing Tires Market, By Country, 2023 - 2030, USD Million
TABLE 15 Europe Racing Tires Market, By Distribution Channel, 2019 - 2022, USD Million
TABLE 16 Europe Racing Tires Market, By Distribution Channel, 2023 - 2030, USD Million
TABLE 17 Europe Replacement Tires Market, By Country, 2019 - 2022, USD Million
TABLE 18 Europe Replacement Tires Market, By Country, 2023 - 2030, USD Million
TABLE 19 Europe OEMs Market, By Country, 2019 - 2022, USD Million
TABLE 20 Europe OEMs Market, By Country, 2023 - 2030, USD Million
TABLE 21 Europe Racing Tires Market, By Country, 2019 - 2022, USD Million
TABLE 22 Europe Racing Tires Market, By Country, 2023 - 2030, USD Million
TABLE 23 Germany Racing Tires Market, 2019 - 2022, USD Million
TABLE 24 Germany Racing Tires Market, 2023 - 2030, USD Million
TABLE 25 Germany Racing Tires Market, By Tire Type, 2019 - 2022, USD Million
TABLE 26 Germany Racing Tires Market, By Tire Type, 2023 - 2030, USD Million
TABLE 27 Germany Racing Tires Market, By Application, 2019 - 2022, USD Million
TABLE 28 Germany Racing Tires Market, By Application, 2023 - 2030, USD Million
TABLE 29 Germany Racing Tires Market, By Distribution Channel, 2019 - 2022, USD Million
TABLE 30 Germany Racing Tires Market, By Distribution Channel, 2023 - 2030, USD Million
TABLE 31 UK Racing Tires Market, 2019 - 2022, USD Million
TABLE 32 UK Racing Tires Market, 2023 - 2030, USD Million
TABLE 33 UK Racing Tires Market, By Tire Type, 2019 - 2022, USD Million
TABLE 34 UK Racing Tires Market, By Tire Type, 2023 - 2030, USD Million
TABLE 35 UK Racing Tires Market, By Application, 2019 - 2022, USD Million
TABLE 36 UK Racing Tires Market, By Application, 2023 - 2030, USD Million
TABLE 37 UK Racing Tires Market, By Distribution Channel, 2019 - 2022, USD Million
TABLE 38 UK Racing Tires Market, By Distribution Channel, 2023 - 2030, USD Million
TABLE 39 France Racing Tires Market, 2019 - 2022, USD Million
TABLE 40 France Racing Tires Market, 2023 - 2030, USD Million
TABLE 41 France Racing Tires Market, By Tire Type, 2019 - 2022, USD Million
TABLE 42 France Racing Tires Market, By Tire Type, 2023 - 2030, USD Million
TABLE 43 France Racing Tires Market, By Application, 2019 - 2022, USD Million
TABLE 44 France Racing Tires Market, By Application, 2023 - 2030, USD Million
TABLE 45 France Racing Tires Market, By Distribution Channel, 2019 - 2022, USD Million
TABLE 46 France Racing Tires Market, By Distribution Channel, 2023 - 2030, USD Million
TABLE 47 Russia Racing Tires Market, 2019 - 2022, USD Million
TABLE 48 Russia Racing Tires Market, 2023 - 2030, USD Million
TABLE 49 Russia Racing Tires Market, By Tire Type, 2019 - 2022, USD Million
TABLE 50 Russia Racing Tires Market, By Tire Type, 2023 - 2030, USD Million
TABLE 51 Russia Racing Tires Market, By Application, 2019 - 2022, USD Million
TABLE 52 Russia Racing Tires Market, By Application, 2023 - 2030, USD Million
TABLE 53 Russia Racing Tires Market, By Distribution Channel, 2019 - 2022, USD Million
TABLE 54 Russia Racing Tires Market, By Distribution Channel, 2023 - 2030, USD Million
TABLE 55 Spain Racing Tires Market, 2019 - 2022, USD Million
TABLE 56 Spain Racing Tires Market, 2023 - 2030, USD Million
TABLE 57 Spain Racing Tires Market, By Tire Type, 2019 - 2022, USD Million
TABLE 58 Spain Racing Tires Market, By Tire Type, 2023 - 2030, USD Million
TABLE 59 Spain Racing Tires Market, By Application, 2019 - 2022, USD Million
TABLE 60 Spain Racing Tires Market, By Application, 2023 - 2030, USD Million
TABLE 61 Spain Racing Tires Market, By Distribution Channel, 2019 - 2022, USD Million
TABLE 62 Spain Racing Tires Market, By Distribution Channel, 2023 - 2030, USD Million
TABLE 63 Italy Racing Tires Market, 2019 - 2022, USD Million
TABLE 64 Italy Racing Tires Market, 2023 - 2030, USD Million
TABLE 65 Italy Racing Tires Market, By Tire Type, 2019 - 2022, USD Million
TABLE 66 Italy Racing Tires Market, By Tire Type, 2023 - 2030, USD Million
TABLE 67 Italy Racing Tires Market, By Application, 2019 - 2022, USD Million
TABLE 68 Italy Racing Tires Market, By Application, 2023 - 2030, USD Million
TABLE 69 Italy Racing Tires Market, By Distribution Channel, 2019 - 2022, USD Million
TABLE 70 Italy Racing Tires Market, By Distribution Channel, 2023 - 2030, USD Million
TABLE 71 Rest of Europe Racing Tires Market, 2019 - 2022, USD Million
TABLE 72 Rest of Europe Racing Tires Market, 2023 - 2030, USD Million
TABLE 73 Rest of Europe Racing Tires Market, By Tire Type, 2019 - 2022, USD Million
TABLE 74 Rest of Europe Racing Tires Market, By Tire Type, 2023 - 2030, USD Million
TABLE 75 Rest of Europe Racing Tires Market, By Application, 2019 - 2022, USD Million
TABLE 76 Rest of Europe Racing Tires Market, By Application, 2023 - 2030, USD Million
TABLE 77 Rest of Europe Racing Tires Market, By Distribution Channel, 2019 - 2022, USD Million
TABLE 78 Rest of Europe Racing Tires Market, By Distribution Channel, 2023 - 2030, USD Million
TABLE 79 Key Information – Bridgestone Corporation
TABLE 80 Key Information – Continental AG
TABLE 81 Key Information – Michelin
TABLE 82 Key Information – Hankook Tire & Technology
TABLE 83 Key Information – Pirelli & C. S.p.A.
TABLE 84 Key Information – The Goodyear Tire & Rubber Company
TABLE 85 Key Information – The Yokohama Rubber Co., Ltd.
TABLE 86 Key Information – Zhongce Rubber Group Co., Limited
TABLE 87 Key Information – Nexen Tire
TABLE 88 Key Information – Maxxis International–USA

List of Figures
FIG 1 Methodology for the research
FIG 2 Europe Racing Tires Market, 2019 - 2030, USD Million
FIG 3 Key Factors Impacting Racing Tires Market
FIG 4 Porter’s Five Forces Analysis – Racing Tires Market
FIG 5 Europe Racing Tires Market share, By Tire Type, 2022
FIG 6 Europe Racing Tires Market share, By Tire Type, 2030
FIG 7 Europe Racing Tires Market, By Tire Type, 2019 - 2030, USD Million
FIG 8 Europe Racing Tires Market share, By Application, 2022
FIG 9 Europe Racing Tires Market share, By Application, 2030
FIG 10 Europe Racing Tires Market, By Application, 2019 - 2030, USD Million
FIG 11 Europe Racing Tires Market share, By Distribution Channel, 2022
FIG 12 Europe Racing Tires Market share, By Distribution Channel, 2030
FIG 13 Europe Racing Tires Market, By Distribution Channel, 2019 - 2030, USD Million
FIG 14 Europe Racing Tires Market share, By Country, 2022
FIG 15 Europe Racing Tires Market share, By Country, 2030
FIG 16 Europe Racing Tires Market, By Country, 2019 - 2030, USD Million
FIG 17 SWOT Analysis: Bridgestone Corporation
FIG 18 Recent strategies and developments: Continental AG
FIG 19 SWOT Analysis: Continental AG
FIG 20 SWOT Analysis: Michelin
FIG 21 Recent strategies and developments: Hankook Tire & Technology
FIG 22 SWOT Analysis: Hankook Tire & Technology
FIG 23 Recent strategies and developments: Pirelli & C. S.p.A.
FIG 24 SWOT Analysis: Pirelli & C. S.p.A.
FIG 25 SWOT Analysis: The Goodyear Tire & Rubber Company
FIG 26 SWOT Analysis: The Yokohama Rubber Co., Ltd.
FIG 27 SWOT Analysis: Zhongce Rubber Group Co., Limited
FIG 28 SWOT Analysis: Nexen Tire
FIG 29 SWOT Analysis: Maxxis International USA