LONDON, Nov. 24, 2016 /PRNewswire/ -- The Global Specialty Tire market is highly consolidated with more than two third of its revenue coming from the top 3 players in the industry. But there are many local players who cater to the needs of their locality and compete with the other international players. Most of the companies produce specialty tires as one of their product lines along with other product lines such as passenger car tires, truck tires, etc. This report covers a detailed analysis of 10 companies which are spread across different geographies around the globe. The objective of this report is to analyze the current scenario of the global specialty tire market and to project the market growth over the next 5 financial years. It is expected that the market will grow at a CAGR of 4.19% by the year 2020. The increase in air traffic, mechanization of agriculture, industrialization, technology advancements and winter tire legislations are some of the key factors which will drive the growth of this industry. This report provides product-wise and region-wise insights on specialty tire market around the world, growth drivers and inhibitors, key trends, profiles of key players, major challenges for new players, current and future trends and recommendations for policy makers, service providers & investors. The market is largely divided into 2 segments depending upon to whom the products are sold: OEMs and Replacement market. The major companies in this industry have tie-ups with different OEMs and sell their products directly to them as per their design requirement. Also, they sell the other products, through their own distribution network, to the replacement market where the consumer using the vehicle buys the product directly. This report has detailed company profiles for 10 key players in the Global Specialty Tire industry by giving a short abridgement about their business profile, their positioning in the industry in terms of value chain, firm's business strategy i.e. product wise as well as process wise, financial performance as of last five years and its estimated growth projections for the next 5 years, & their respective SWOT analysis. This report covers in detail the competitive landscape of the identified key players of the Specialty Tire industry so as to evince the competitive position that the firms occupy as against other players of the industry. The report identifies key industry bodies and associations and their role in the Global Specialty Tire market's growth, sustenance, & the overall industry's vision.