Report overview
Tire is a ring or band of rubber, either solid or hollow and inflated, or of metal, placed over the rim of a wheel to provide traction, resistance to wear, or other desirable properties.
This report aims to provide a comprehensive presentation of the global market for Commercial Vehicle 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 Commercial Vehicle Tyre. This report contains market size and forecasts of Commercial Vehicle Tyre in global, including the following market information:
Global Commercial Vehicle Tyre Market Revenue, 2018-2023, 2024-2029, ($ millions)
Global Commercial Vehicle Tyre Market Sales, 2018-2023, 2024-2029, (M Units)
Global top five Commercial Vehicle Tyre companies in 2022 (%)
The global Commercial Vehicle Tyre market was valued at US$ 56450 million in 2022 and is projected to reach US$ 63200 million by 2029, at a CAGR of 1.6% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
Global Commercial Vehicle Tyre key players include Bridgestone, Michelin, Goodyear, etc. Global top three manufacturers hold a share about 40%.
Europe is the largest market, with a share about 30%, followed by North America and China, both have a share about 45 percent.
In terms of product, Radial Tyre is the largest segment, with a share over 90%. And in terms of application, the largest application is Aftermarket, followed by OEM.
We surveyed the Commercial Vehicle 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 Commercial Vehicle Tyre Market, by Type, 2018-2023, 2024-2029 ($ Millions) & (M Units)
Global Commercial Vehicle Tyre Market Segment Percentages, by Type, 2022 (%)
Radial Tyre
Bias Tyre
Global Commercial Vehicle Tyre Market, by Application, 2018-2023, 2024-2029 ($ Millions) & (M Units)
Global Commercial Vehicle Tyre Market Segment Percentages, by Application, 2022 (%)
Aftermarket
OEM
Global Commercial Vehicle Tyre Market, By Region and Country, 2018-2023, 2024-2029 ($ Millions) & (M Units)
Global Commercial Vehicle 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 Commercial Vehicle Tyre revenues in global market, 2018-2023 (Estimated), ($ millions)
Key companies Commercial Vehicle Tyre revenues share in global market, 2022 (%)
Key companies Commercial Vehicle Tyre sales in global market, 2018-2023 (Estimated), (M Units)
Key companies Commercial Vehicle Tyre sales share in global market, 2022 (%)
Further, the report presents profiles of competitors in the market, key players include:
Bridgestone
Michelin
Goodyear
Continental
ZC Rubber
Sumitomo Rubber
Double Coin
Pirelli
Aeolus Tyre
Sailun Group
Cooper tire
Hankook
Yokohama
Giti Tire
KUMHO TIRE
Triangle Tire Group
Cheng Shin Rubber
Linglong Tire
Toyo Tires
Xingyuan group
Outline of Major Chapters:
Chapter 1: Introduces the definition of Commercial Vehicle Tyre, market overview.
Chapter 2: Global Commercial Vehicle Tyre market size in revenue and volume.
Chapter 3: Detailed analysis of Commercial Vehicle 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 Commercial Vehicle 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 Commercial Vehicle 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.
