Automotive Tire is a ring-shaped component that surrounds a wheel's rim to transfer a vehicle's load from the axle through the wheel to the ground and to provide traction on the surface traveled over. Most tires are pneumatically inflated structures, which also provide a flexible cushion that absorbs shock as the tires rolls over rough features on the surface. Tires provide a footprint that is designed to match the weight of the vehicle with the bearing strength of the surface that it rolls over by providing a bearing pressure that will not deform the surface excessively.
This report aims to provide a comprehensive presentation of the global market for Automobile Tire, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Automobile Tire. This report contains market size and forecasts of Automobile Tire in global, including the following market information:
Global Automobile Tire Market Revenue, 2018-2023, 2024-2029, ($ millions)
Global Automobile Tire Market Sales, 2018-2023, 2024-2029, (M Units)
Global top five Automobile Tire companies in 2022 (%)
The global Automobile Tire market was valued at US$ 139460 million in 2022 and is projected to reach US$ 195930 million by 2029, at a CAGR of 5.0% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
Global Auto Tire main manufactuers include GoodYear, Bridgestone and Continental, totally accounting for 43% of the market. Europe is the largest market, with a share over 30%. As for the types of products, it can be divided into OE Tire and Replacement Tire. The most common type is Replacement Tire, with a share over 70%. In terms of application, it is widely used in Passenger Vehicle and Commercial Vehicle, accounting for 75% and 25% respectively.
We surveyed the Automobile Tire manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Automobile Tire Market, by Type, 2018-2023, 2024-2029 ($ Millions) & (M Units)
Global Automobile Tire Market Segment Percentages, by Type, 2022 (%)
Global Automobile Tire Market, by Application, 2018-2023, 2024-2029 ($ Millions) & (M Units)
Global Automobile Tire Market Segment Percentages, by Application, 2022 (%)
- Passenger Car
- Commecial Car
Global Automobile Tire Market, By Region and Country, 2018-2023, 2024-2029 ($ Millions) & (M Units)
Global Automobile Tire Market Segment Percentages, By Region and Country, 2022 (%)
- North America
- US
- Canada
- Mexico
- Europe
- Germany
- France
- U.K.
- Italy
- Russia
- Nordic Countries
- Benelux
- Rest of Europe
- Asia
- China
- Japan
- South Korea
- Southeast Asia
- India
- Rest of Asia
- South America
- Brazil
- Argentina
- Rest of South America
- Middle East & Africa
- Turkey
- Israel
- Saudi Arabia
- UAE
- Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
- Key companies Automobile Tire revenues in global market, 2018-2023 (Estimated), ($ millions)
- Key companies Automobile Tire revenues share in global market, 2022 (%)
- Key companies Automobile Tire sales in global market, 2018-2023 (Estimated), (M Units)
- Key companies Automobile Tire sales share in global market, 2022 (%)
Further, the report presents profiles of competitors in the market, key players include:
- Bridgestone
- GoodYear
- Continental
- Michelin
- Sumitomo
- Hankook
- Pirelli
- Yokohama
- Zhongce Rubber
- Toyo Tire Corporation
- Cooper Tire
- Apollo Tyres
- KUMHO TIRES
- Linglong Tire
- MRF
- Cheng Shin Rubber (Maxxis)
- Sailun Group
- Nokian Tyres
- Triangle Tire Group
- JK TYRE
- AEOLUS TYRE
- Giti
- Nexen Tire
Outline of Major Chapters:
- Chapter 1: Introduces the definition of Automobile Tire, market overview.
- Chapter 2: Global Automobile Tire market size in revenue and volume.
- Chapter 3: Detailed analysis of Automobile Tire manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
- Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
- Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
- Chapter 6: Sales of Automobile Tire in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
- Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
- Chapter 8: Global Automobile Tire capacity by region & country.
- Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
- Chapter 10: Analysis of industrial chain, including the upstream and downstream of the industry.
- Chapter 11: The main points and conclusions of the report.
