Report overview
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 Automotive 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 Automotive Tire. This report contains market size and forecasts of Automotive Tire in global, including the following market information:
Global Automotive Tire Market Revenue, 2018-2023, 2024-2029, ($ millions)
Global Automotive Tire Market Sales, 2018-2023, 2024-2029, (M Units)
Global top five Automotive Tire companies in 2022 (%)
The global Automotive Tire market was valued at US$ 133540 million in 2022 and is projected to reach US$ 170370 million by 2029, at a CAGR of 3.5% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
Global automotive tire key players include Bridgestone, Michelin, Goodyear, Continental, Hankook, etc. Global top 5 manufacturers hold a share over 56%.
Asia-Pacific is the largest market, with a share about 35%, followed by Europe and North America with the share about 33% and 25%.
We surveyed the Automotive 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 Automotive Tire Market, by Type, 2018-2023, 2024-2029 ($ Millions) & (M Units)
Global Automotive Tire Market Segment Percentages, by Type, 2022 (%)
Replacement Tires
OE Tires
Global Automotive Tire Market, by Application, 2018-2023, 2024-2029 ($ Millions) & (M Units)
Global Automotive Tire Market Segment Percentages, by Application, 2022 (%)
Passenger Car
Commercial Vehicle
Global Automotive Tire Market, By Region and Country, 2018-2023, 2024-2029 ($ Millions) & (M Units)
Global Automotive 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 Automotive Tire revenues in global market, 2018-2023 (Estimated), ($ millions)
Key companies Automotive Tire revenues share in global market, 2022 (%)
Key companies Automotive Tire sales in global market, 2018-2023 (Estimated), (M Units)
Key companies Automotive 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 Automotive Tire, market overview.
Chapter 2: Global Automotive Tire market size in revenue and volume.
Chapter 3: Detailed analysis of Automotive 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 Automotive 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 Automotive 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.
