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Auto Tyre Market, Global Outlook and Forecast 2023-2029

Auto Tyre Market, Global Outlook and Forecast 2023-2029

  • Published on : 20 March 2023
  • Pages :122
  • Report Code:SMR-7607659

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Report overview

Automotive Tyre is 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 tyres are pneumatically inflated structures, which also provide a flexible cushion that absorbs shock as the tyres 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 Auto Tyre, 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 Auto Tyre. This report contains market size and forecasts of Auto Tyre in global, including the following market information:
Global Auto Tyre Market Revenue, 2018-2023, 2024-2029, ($ millions)
Global Auto Tyre Market Sales, 2018-2023, 2024-2029, (M Units)
Global top five Auto Tyre companies in 2022 (%)
The global Auto Tyre market was valued at US$ 142620 million in 2022 and is projected to reach US$ 194060 million by 2029, at a CAGR of 4.5% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
Global Auto Tyre key players include Bridgestone, GoodYear, Michelin, Continental, Sumitomo, etc. Global top five manufacturers hold a share over 55%.
APAC is the largest market, with a share over 35%, followed by Europe and America, both have a share over 55%.
In terms of product, Replacement Tires is the largest segment, with a share over 75%. And in terms of application, the largest application is Passenger Vehicle, followed by Commercial Vehicle, etc.
We surveyed the Auto Tyre 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 Auto Tyre Market, by Type, 2018-2023, 2024-2029 ($ Millions) & (M Units)
Global Auto Tyre Market Segment Percentages, by Type, 2022 (%)
OE Tyres
Replacement Tyres
Global Auto Tyre Market, by Application, 2018-2023, 2024-2029 ($ Millions) & (M Units)
Global Auto Tyre Market Segment Percentages, by Application, 2022 (%)
Passenger Vehicle
Commercial Vehicle
Global Auto Tyre Market, By Region and Country, 2018-2023, 2024-2029 ($ Millions) & (M Units)
Global Auto Tyre 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 Auto Tyre revenues in global market, 2018-2023 (Estimated), ($ millions)
Key companies Auto Tyre revenues share in global market, 2022 (%)
Key companies Auto Tyre sales in global market, 2018-2023 (Estimated), (M Units)
Key companies Auto Tyre 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
Hengfeng Tires
Triangle Tire Group
JK TYRE
AEOLUS TYRE
Double Coin
Doublestar
Giti
Xingyuan
Guizhou Tyre
Nexen Tire
Outline of Major Chapters:
Chapter 1: Introduces the definition of Auto Tyre, market overview.
Chapter 2: Global Auto Tyre market size in revenue and volume.
Chapter 3: Detailed analysis of Auto Tyre 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 Auto Tyre 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 Auto Tyre 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.