Auto Tyre Market Is Presumed To Reach 193100 Million USD by The End of 2025 - QY Research

This report studies the Auto Tyre market size (value and volume) by players, regions, product types and end industries, history data 2013-2017 and forecast data 2018-2025. This report also studies the global market competition landscape, market drivers and trends, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis.

Auto tyre is a ring-shaped vehicle component that covers the wheel's rim to protect it and enable better vehicle performance. Auto tyres provide traction between the vehicle and the road while providing a flexible cushion that absorbs shock. Europe is the largest consumption market while it is also a larger supplier of auto tyres. Based on the high-developed automotive industry, the auto tyre industry started early and three of the top five auto tyre manufacturers set their headquarters in Europe. They are France based Mechilin, Germany based Continental AG and Italy based Pirelli.

U.S. is the second largest market of auto tyres. With the fast development of automotive industry in last century, many manufacturers built plants in US, Canada and Brazil to meet this market demand. Likely, Japan is also a major supplier of auto tyres, with its mature auto tyre industry and developed manufacturing industry. In the global market, the cooperation and acquisition between companies is common. When come into a new market, cooperation with domestic companies is a good way to occupy the market share. Through this way, companies can make use of resource adequately.

The global Auto Tyre market was 162000 million US$ in 2017 and is expected to 193100 million US$ by the end of 2025, growing at a CAGR of 2.2% between 2018 and 2025.

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Geographically, this report is segmented into several key regions, with sales, revenue, market share and growth Rate of Auto Tyre in these regions, from 2013 to 2025, covering

North America (United States, Canada and Mexico)

Europe (Germany, UK, France, Italy, Russia and Turkey etc.)

Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)

South America (Brazil etc.)

Middle East and Africa (Egypt and GCC Countries)

The various contributors involved in the value chain of the product include manufacturers, suppliers, distributors, intermediaries, and customers. The key manufacturers in this market include

Bridgestone

Michelin

Goodyear

Continental

Pirelli

Hankook

Sumitomo

Yokohama

Maxxis

Zhongce

By the product type, the market is primarily split into

Bias Tire

Radial Tire

By the end users/application, this report covers the following segments

Light Truck Tyre

Truck/Bus Tyre

Passenger Car Tyre

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