Press release
Automotive tire Market Outlook to 2025 with Key Players – Hankook Tire, Apollo Tires, Michelin, Continental AG, MRF Tires, Bridgestone Corporation, Yokohama Rubber Co., The Goodyear Tire & Rubber Company, Pirelli & C. S.P.A, and Dunlop India
Automotive tire Market
Global automotive tire market is expected to grow from US$ 233.15 Billion in 2017 to US$ 306.44 Billion by 2025 at a CAGR of 3.8% between 2018 and 2025.
Automotive tire market is experiencing a high growth throughout the globe, driven by growth in construction, manufacturing, agriculture, mining, and other industries. Moreover, increase in the mobility as a service is also propelling the adoption of more and more passenger and commercial vehicles which would further encourage the production and sales of automotive tire. In addition to this, need and growing urge to replace the old/aged tires with new tires is also accountable to increase the aftermarket segment. These factors are anticipated to drive the automotive tire market during the forecast period.
The Automotive Tire market is highly competitive and is influenced by the growing investments and M&A. The vendors are making huge investments to consolidate their market share and to expand their product portfolio. The Automotive Tire providers are collaborating with Automotive Tire companies to strengthen their services and are also acquiring smaller companies to upgrade their product portfolio and expand their geographical presence.
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This report studies the global Automotive Tire Market status and forecast, categorizes the global Automotive Tire Market size (value & volume), revenue (Million USD), product price by manufacturers, type, application, and region. Automotive Tire Market Report by Material, Application, and Geography-Global Forecast to 2025 is an expert and far-reaching research provide details regarding the world’s major provincial economic situations, concentrating on the principle districts (North America, Europe, and Asia-Pacific) and the fundamental nations (United States, Germany, United Kingdom, Japan, South Korea, and China).
The Automotive Tire Market report profiles the following companies, which includes: - Hankook Tire, Apollo Tires Ltd., Michelin, Continental AG, MRF Tires, Bridgestone Corporation, Yokohama Rubber Co. Ltd., The Goodyear Tire & Rubber Company, Pirelli & C. S.P.A, and Dunlop India Limited among others.
Market Segment by Type: - Radial Tire, Bias Tire
Market Segment by Regions, regional analysis covers, North America (United States, Canada and Mexico), Europe (Germany, France, UK, Russia and Italy), Asia-Pacific (China, Japan, Korea, India and Southeast Asia), South America (Brazil, Argentina, Colombia etc.), Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
Geographically, North America is largest market for Automotive Tire Market, followed by Europe, Asia Pacific, and Row. APAC region is expected to witness highest growth in forecast period. Rising R&D funding for development of microscopes, increasing nanotechnology research, low material costs, and growing expertise and academic excellence in emerging APAC countries such as China and India are the major factors driving the growth of this market.
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Table of Contents –
Global Automotive Tire Market Size, Status and Forecast 2025
1 Industry Overview of Individual Automotive Tire Market
2 Global Individual Automotive Tire Market Competition Analyses by Players
3 Company (Top Players) Profiles
4 Global Individual Automotive Tire Market Size by Type and Application
5 United States Individual Automotive Tire Market Development Status and Outlook
6 Europe Individual Automotive Tire Market Development Status and Outlook
7 China Individual Automotive Tire Market Development Status and Outlook
8 Japan Individual Automotive Tire Market Development Status and Outlook
9 Southeast Asia Individual Automotive Tire Market Development Status and Outlook
10 India Individual Automotive Tire Market Development Status and Outlook
11 Market Forecast by Regions, Type and Application (2018-2025)
12 Individual Automotive Tire Market Dynamics
13 Market Effect Factors Analysis
14 Research Finding / Conclusion
15 Appendixes, Methodology, Analyst Introduction, Data Source
Reasons to Buy
- Current and future of Automotive Tire Market outlook in the developed and emerging markets
- Highlights key business priorities in order to assist companies to realign their business strategies
- The segment that is expected to dominate the Automotive Tire Market
- Regions that are expected to witness the fastest growth during the forecast period
- Identify the latest developments, Automotive Tire Market shares, and strategies employed by the major market players
- Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the global Automotive Tire Market
- Develop/modify business expansion plans by using substantial growth offering developed and emerging markets
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