Press release
Impact of Covid-19 on Automotive Tires Industry, Benchmarking the Sudden Strategy Change by Top 50 Companies in the World
Covid 19 (Coronavirus) Impact & Get To Know Top 50 Companies Changed Strategies: https://www.alliedmarketresearch.com/request-sample/924
The key players profiled in the automotive tire market include Bridgestone Corporation, Continental AG, Pirelli & C. S.p.A, Michelin, The Goodyear Tire & Rubber Co., Sumitomo Rubber Industries, Ltd., Madras Rubber Factory Limited, The Yokohama Rubber Co. Ltd., JK Tyre & Industries Ltd., and CEAT Ltd.
The global automotive tire market is expected to reach $306 billion by 2022, according to a new report published by Allied Market Research. Asia-Pacific accounted for approximately 43% share of the automotive tire market in 2015 and is expected to continue to dominate during the analysis period.
Speak with Our Analysts/Industry Experts To Find Solution For Your Business: https://www.alliedmarketresearch.com/connect-to-analyst/924
Increase in sales of automotive vehicles, rise in competition among tire manufacturers, enhancement of manufacturing processes, and increase in operating life of automobiles fuel the automotive tire market. However, growing market of retreading tires, and fluctuation in cost of raw materials could restrict the growth of this market. Moreover, rise in sales of automobiles across the globe is expected to unfold various opportunities for the key players.
By type, the tire market is further bifurcated into radial tire and bias tire. The radial tire segment generated the maximum revenue in 2015 and is expected to grow at a faster rate. However, the bias tire segment is anticipated to garner the highest CAGR of 7.9% during the analysis period.
Interested to Procure The Data? Inquire Here: https://www.alliedmarketresearch.com/purchase-enquiry/924
By vehicle type, the automotive tire market includes two wheelers, passenger cars, light commercial vehicles, and heavy commercial vehicles. Passenger car tire is the fastest growing segment of tire market, globally; and is projected to garner a CAGR of 7.6% during the forecast period. However, the two wheeler segment is estimated to garner the highest CAGR of 7.8%.
Asia-Pacific accounted for the largest revenue share in 2015, occupying a market share of around 42% and is expected to grow at a CAGR of 7.4%.
Request for Customization: https://www.alliedmarketresearch.com/request-for-customization/924
Contact:
David Correa
5933 NE Win Sivers Drive
#205, Portland, OR 97220
United States
USA/Canada (Toll Free):
+1-800-792-5285, +1-503-894-6022, +1-503-446-1141
UK: +44-845-528-1300
Hong Kong: +852-301-84916
India (Pune): +91-20-66346060
Fax: +1(855)550-5975
help@alliedmarketresearch.com
Web: www.alliedmarketresearch.com
Allied Market Research Blog: https://blog.alliedmarketresearch.com
Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Impact of Covid-19 on Automotive Tires Industry, Benchmarking the Sudden Strategy Change by Top 50 Companies in the World here
News-ID: 2004221 • Views: …
More Releases from Allied Market Research
Paper Bag Market to Receive Overwhelming Hike In Revenue That Will Boost Overall …
Allied Market Research published a report, titled, "Paper Bag Market by Product Type (Sewn Open Mouth, Pinched Bottom Open Mouth, Pasted Valve, Pasted Open Mouth, and Flat Bottom), Price Point (Premium, Medium, and Economy), End User (Agriculture and Allied Industries, Building and Cons, Food and Beverage, Retail, Chemicals, Pharmaceutical, Merchandise, and Others), and Distribution Channel (B2B and B2C): Global Opportunity Analysis and Industry Forecast, 2023-2032" According to the report, the…
Online Entertainment Market reach nearly USD 1500.6 billion by 2035, exhibiting …
According to a new report published by Allied Market Research, titled, "Online Entertainment Market," The online entertainment market was valued at $284.8 billion in 2023, and is estimated to reach $1500.6 billion by 2035, growing at a CAGR of 15% from 2024 to 2035.
Get Sample PDF Of This Report: https://www.alliedmarketresearch.com/request-sample/6778
Online entertainment refers to entertainment over the internet through smart devices such as smartphones, smart TVs, laptops, and…
Family/Indoor Entertainment Centers Market Reach USD 88.7 Billion by 2032 Growin …
Allied Market Research published a new report, titled, " Family/Indoor Entertainment Centers Market Reach USD 88.7 Billion by 2032 Growing with 11.5% CAGR ." The report offers an extensive analysis of key growth strategies, drivers, opportunities, key segment, Porter's Five Forces analysis, and competitive landscape. This study is a helpful source of information for market players, investors, VPs, stakeholders, and new entrants to gain thorough understanding of the industry and…
Private Security Market Growing at 7.8% CAGR to Hit USD531.5 billion by 2032 | G …
Allied Market Research published a report, titled, "Private Security Market by Service (Manned Security, Electronic Security, Cash Handling Services, and Others), and End User (Residential, Commercial, Industrial, and Government): Global Opportunity Analysis and Industry Forecast, 2023-2032". According to the report, the global private security market size was valued at $241.4 billion in 2022, and is projected to reach $531.5 billion by 2032, growing at a CAGR of 7.8% from 2023…
More Releases for Covid
COVID-19 Diagnostics Market Analysis and Forecast to 2033: COVID-19 and Post-COV …
The COVID-19 diagnostics market is projected to reach a size of US$ 79.41 billion in 2023, with a robust compound annual growth rate (CAGR) of 7.87% from 2023 to 2033. This growth is primarily driven by technological advancements in diagnostic tools and methodologies, enabling faster and more accurate detection of the virus. However, the market faces several challenges, including the perception of high costs, along with concerns regarding test accuracy…
Unveiling the Global Remdesivir (COVID-19) Market: Size, Share & COVID-19 Impact …
𝐈𝐧𝐭𝐫𝐨𝐝𝐮𝐜𝐭𝐢𝐨𝐧:
Remdesivir, an antiviral medication, gained significant attention during the COVID-19 pandemic as a potential treatment for the novel coronavirus. In this blog, we delve into the dynamics of the global Remdesivir (COVID-19) market, analyzing its size, share, and the impact of the COVID-19 pandemic on its trajectory. Additionally, we explore the market based on resin type, application, technology, end-use industry, and regional forecasts spanning from…
Biosimilar Monoclonal Antibody Market|Covid Impact & Post Covid Analysis, Busine …
Global Biosimilar Monoclonal Antibody Market Research Report 2020 is a historical overview and in-depth study on the current & future market of the Biosimilar Monoclonal Antibody industry. The report represents a basic overview of the market status, competitor segment with a basic introduction of key vendors, top regions, product types and end industries. This report gives a historical overview of the market trends, growth, revenue, capacity, cost structure, and…
COVID-19 Imparts Positive Impact on Covid-19 Treatment Market | 2020-2027
The Covid-19 treatment market is projected to grow due to increasing cases worldwide requiring short- and long-term respiratory support and multiple partnerships for the development of treatments with clinical trials underway. However, governments all over the world are now responding to the threat of COVID-19 with all the essential measures such as social distancing, nationwide lockdown, travel restrictions, and large-scale quarantines that are anticipated to impact the businesses and consumer…
Industrial AI Computers Market 2020 - Pre-COVID-19 and Post-COVID-19 Comparison
Industrial AI Computers Industry 2020 Market Research Report" A new report added by DeepResearchReports.com to its research database. Industrial AI Computers Market is segmented by Regions/Countries. All the key market aspects that influence the Industrial AI Computers market currently and will have an impact on it have been assessed and propounded in the Industrial AI Computers market research status and development trends reviewed in the new report.
Download Free PDF Sample…
Patient Handling Equipment Market 2020 - Pre-COVID-19 and Post-COVID-19 Comparis …
Patients Handling Equipment Industry 2020 Market Research Report" A new report added by DeepResearchReports.com to its research database. Patients Handling Equipment Market is segmented by Regions/Countries. All the key market aspects that influence the Patients Handling Equipment market currently and will have an impact on it have been assessed and propounded in the Patients Handling Equipment market research status and development trends reviewed in the new report.
Download Free PDF Sample…
