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The automotive tire market is forecasted to grow by USD 55.94 bn during 2023-2028, accelerating at a CAGR of 7.28% during the forecast period. The report on the automotive tire market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.Speak directly to the analyst to clarify any post sales queries you may have.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by rise in sales of passenger vehicles globally, increasing adoption of e-commerce platforms by tire manufacturers, and declining prices of natural rubber.
The automotive tire market is segmented as below:
By Distribution Channel
- Aftermarket
- OEM
By Vehicle Type
- Passenger vehicle
- Commercial vehicle
- Electric vehicle
By Geographical Landscape
- APAC
- Europe
- North America
- South America
- Middle East and Africa
The report on the automotive tire market covers the following areas:
- Automotive tire market sizing
- Automotive tire market forecast
- Automotive tire market industry analysis
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 an analysis of the key vendors.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.
Table of Contents
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by Distribution Channel
7 Market Segmentation by Vehicle Type
8 Customer Landscape
9 Geographic Landscape
10 Drivers, Challenges, and Trends
11 Vendor Landscape
12 Vendor Analysis
13 Appendix
List of Exhibits
Executive Summary
The publisher recognizes the following companies as the key players in the global automotive tire market: Apollo Tyres Ltd., Bridgestone Corp., CEAT Ltd., FURUKAWA Co. Ltd., Hankook Tire and Technology Co. Ltd., Hefei Wanli Tire Co., Ltd., JK Tyre and Industries Ltd., Michelin Group, MRF Ltd., Nokian Tyres Plc, Pirelli and C S.p.A, Sailun Group, Salsons Impex Pvt. Ltd., Schaeffler AG, Shandong Linglong Tyre Co. Ltd., Sumitomo Rubber Industries Ltd., The Goodyear Tire and Rubber Co., Toyo Tire Corp., Triangle Tyres, and Zhongce Rubber Group Co. Ltd..Commenting on the report, an analyst from the research team said: 'The latest trend gaining momentum in the market is development of airless tires.'
According to the report, one of the major drivers for this market is the rise in sales of passenger vehicles globally.
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.
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- Apollo Tyres Ltd.
- Bridgestone Corp.
- CEAT Ltd.
- FURUKAWA Co. Ltd.
- Hankook Tire and Technology Co. Ltd.
- Hefei Wanli Tire Co. LTD.
- JK Tyre and Industries Ltd.
- Michelin Group
- MRF Ltd.
- Nokian Tyres Plc
- Pirelli and C S.p.A
- Sailun Group
- Salsons Impex Pvt. Ltd.
- Schaeffler AG
- Shandong Linglong Tyre Co. Ltd.
- Sumitomo Rubber Industries Ltd.
- The Goodyear Tire and Rubber Co.
- Toyo Tire Corp.
- Triangle Tyres
- Zhongce Rubber Group Co. Ltd.
