Global Tire Market 2012-2016
- ID: 2644677
- August 2013
- Region: Global
- 58 Pages
The analysts forecast the Global Tire market to grow at a CAGR of 6.32 percent over the period 2012-2016. One of the key factors contributing to this market growth is the increasing demand for radial tires. The Global Tire market has also been witnessing an increase in factory automation. However, the increasing cost of raw materials could pose a challenge to the growth of this market.
The report, the Global Tire Market 2012-2016, has been prepared based on an in-depth market analysis with inputs from industry experts. The report focusses on the market in the Americas and the EMEA and APAC regions; it also covers the market landscape of the Passenger Car and Light Truck, and Truck and Bus segments and its growth prospects in the coming years. The report also includes a discussion of the key vendors operating in this market.
The key vendors dominating this space include Bridgestone Corp., Compagnie Generale des Etablssements Michelin SCA, Continental AG, and The Goodyear Tire and Rubber Co.
Other vendors mentioned in the report are Cheng-Shin Rubber Industries Co. Ltd., Continental AG, Cooper Tire and Rubber Co., Hankook Tire Co. Ltd., Maxxis, Sumitomo Rubber Industries Ltd., and Yokohama Rubber Co. Ltd.
Key questions answered in this report:
- What will the market size be in 2016 and what will be the growth rate?
- What are key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by key vendors?
- What are the strengths and weaknesses of each of these key vendors?
You can request one free hour of our analyst's time when you purchase this market report. Details provided within the report.
The report is also available as part of our annual subscription offer. Please get in touch with our customer service team in order to find out more. SHOW LESS READ MORE >
01. Executive Summary
02. List of Abbreviations
04. Market Research Methodology
Market Research Process
05. Scope of the Report
06. Market Landscape
06.1 Classification of Tires
06.2 Market Size and Forecast in Revenues
06.3 Market Size and Forecast in Unit Shipments
06.4 End-user Consumption
06.5 Five Forces Analysis
07. Geographical Segmentation
07.1 Global Tire Market by Geographical Segmentation 2012 (Production)
07.2 Global Tire Market by Geographical Segmentation 2016 (Consumption)
08. Key Leading Countries
09. Vendor Landscape
09.1 Vendor Share by Brands
09.2 Passenger Vehicle Segment
09.3 Light Truck Segment
09.4 Medium Truck Segment
09.5 Heavy Truck Segment
09.6 Geographic Presence of Leading Tire Groups
09.7 Leading Tire Groups and their Product Diversity
09.8 Leading Tire Groups and their Segment Presence
09.9 Key Vendor Ranking
10. Buying Criteria
11. Market Growth Drivers
12. Drivers and their Impact
13. Market Challenges
14. Impact of Drivers and Challenges
15. Market Trends
16. Key Vendor Analysis
16.1 Bridgestone Corp.
16.2 Compagnie Generale des Etablssements Michelin SCA
16.3 Continental AG
16.4 The Goodyear Tire and Rubber Co.
17. Other Reports in this Series
List of Exhibits
Exhibit 1: Market Research Methodology
Exhibit 2: Global Tire Market by Segments
Exhibit 3: Global Tire Market 2012 (US$ billion)
Exhibit 4: Raw Materials Used in Manufacturing of Tyres 2012 (percentage)
Exhibit 5: Global Tire Market 2012-2016 (million units)
Exhibit 6: End-user Consumption of Tires 2012 (percentage)
Exhibit 7: Global Tire Market by Geographical Segmentation 2012
Exhibit 8: Global Tire Market by Geographical Segmentation 2016
Exhibit 9: Global Tire Market by Vendor Segmentation 2012
Exhibit 10: Global Passenger Vehicles Segment by Vendor Segmentation 2012
Exhibit 11: Global Light Truck Segment by Vendor Segmentation 2012
Exhibit 12: Global Medium Truck Segment by Vendor Segmentation 2012
Exhibit 13: Global Heavy Truck Segment by Vendor Segmentation 2012
Exhibit 14: Geographical Presence of the Major Vendors 2012
Exhibit 15: Leading Tire Brands and their Product Diversity
Exhibit 16: Leading Tire Groups and their Segment Presence
Exhibit 17: Average Selling Price of Tire 2012-2016 (US$)
Exhibit 18: Bridgestone Revenue by Segment 2012
Exhibit 19: Michelin Revenue by Segment 2012
Exhibit 20: Continental Revenue by Segment 2012
Exhibit 21: Goodyear Shipment by Segment 2012
Commenting on the report, an analyst from the team said: “One of the main trends being witnessed in the Global Tire market nowadays is increasing factory automation. Automation offers various benefits such as decreased production time, which further reduces lead time. As a result, products reach the market faster than was possible earlier. Further, automation reduces long-term production cost by increasing efficiency, and it also helps improve product quality by reducing human error. Automation also reduces product cycle time and helps companies remain competitive in the market. As a result, many tire manufacturers are increasingly adopting factory automation to improve their productivity.”
According to the report, one of the main factors that is driving this market at present is the immense growth being witnessed by the Tire market in the APAC region. The rapid economic growth of this region has improved the financial status of large sections of its population, which in turn has led to an increased demand for automobiles, motorcycles, and other vehicles.
Further, the report states that the increasing prices of the raw materials used for the production of tires constitute one of the most significant challenges in this market. Raw materials account for largest proportion (64-66 percent) of the manufacturing cost of tires. Therefore, fluctuations in the prices of natural rubber, petroleum-based materials, SBR, butyl rubber, polyester tire cord, and other raw materials hinder the growth of the market.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
- Bridgestone Corp.
- Cheng-Shin Rubber Industries Co. Ltd.
- Compagnie Generale des Etablssements Michelin SCA
- Continental AG
- Continental AG
- Cooper Tire and Rubber Co.
- Hankook Tire Co. Ltd.
- Sumitomo Rubber Industries Ltd.
- The Goodyear Tire and Rubber Co.
- Yokohama Rubber Co. Ltd.