openPR Logo
Press release

Global Automotive Tire Market Trends 2021 | Segmentation, Outlook, Industry Report to 2027

01-29-2022 08:27 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Orion Market Research

The global automotive tire market is anticipated to grow at a considerable CAGR during the forecast period (2021-2027). The key companies across the globe are highly inclined towards the adoption of different growth strategies including capacity expansion, mergers and acquisitions, new product launches, and product innovation to remain competitive in the marketplace. For instance, in February 2021, the Goodyear Tire & Rubber Company acquired, the Cooper Tire & Rubber Company for $2.5 billion. By adding Cooper’s product portfolio and other manufacturing assets, Goodyear will be able to expand its business and production & distribution networks along with broader offerings. The acquisition will aid the Goodyear company to strengthen its market position in the US and other North American markets. Through this acquisition, the Goodyear company will expand its product offerings in light truck and SUV product segments.

To Request a Sample of our Report on Global Automotive Tire Market:

Furthermore, earlier to this in June 2020, Bridgestone Corp. acquired iTrack Solutions Business from UK-based Transense Technologies PLC (Transense). The iTrack Solutions company is a global provider of tire management solutions for the off-the-road (OTR) vehicle industry. By this acquisition, the company wanted to strengthen its position in advanced mobility solutions. Apart from this, the acquisition also aids Bridgestone to offer mobility-related data, which can further aid the company to enhance its operations and profitability.

Market Coverage

· The market number available for – 2020-2027

· Base year- 2020

· Forecast period- 2021-2027

Segment Covered-

· Rim Size

· Vehicle Type

· Road Application

· Construction

· Sales Channel

Regions Covered-

· North America

· Europe

· Asia-Pacific

· Rest of the World

· Competitive Landscape- Bridgestone Corp., The Goodyear Tire & Rubber Company, Continental AG, Michelin Group, Pirelli & C. S.p.A.,

(Get 15% Discount on Buying this Report)

A full Report of Global Automotive Tire Market is Available at:

Global Automotive Tire Market Report Segment

By Rim Size

· 10-14 Inches

· 15-21 Inches

· More than 21 inches

By Vehicle Type

· Two-Wheeler

· Passenger Car

· Light and Medium Commercial Vehicles

· Heavy Commercial Vehicles

· Other (Construction, Agriculture, Customized Sports)

By Road Application

· Summer Tire

· Winter Tire

· All-Season Tire

· High-Performance Tire

· Other (All-Terrain Tire)

By Construction

· Radial Tire

· Bias & Belted Bias Cross Ply Tire

By Sales Channel

· OEM (Original Equipment Manufacturer)

· Aftermarket (Replacement)

Global Automotive Tire Cancer Market Report Segment by Region

North America

· United States

· Canada


· UK

· Germany

· Spain

· France

· Italy

· Rest of Europe


· India

· China

· Japan

· South Korea

· Rest of APAC

Rest of the World

· Latin America

· Middle East & Africa

Company Profiles


· Apollo Tyres Ltd

· Bridgestone Corp.

· Cheng Shin Rubber Ind. Co. Ltd. (Maxxis International GmbH)

· Continental AG

· Cooper Tire & Rubber Co.

· Giti Tire Pte Ltd.

· Goodyear Tire and Rubber Co.

· Hankook Tire & Technology Co., Ltd

· Kumho Tire Co. Inc.

· Michelin Group


· Omni United (S) Pte. Ltd.

· Pirelli & C. S.p.A.


· Shandong Linglong Tire Co., Ltd.

· Sumitomo Rubber Industries, Ltd.


· Toyo Tire Corp.

· Trelleborg AB

Reasons to buy from us –

1. We cover more than 15 major industries, further segmented into more than 90 sectors.

2. More than 120 countries are for analysis.

3. Over 100+ paid data sources mined for investigation.

4. Our expert research analysts answer all your questions before and after purchasing your report.

Media Contact:
Company Name: Orion Market Research
Contact Person: Mr. Anurag Tiwari
Contact no: +91 7803040404

About Orion Market Research
Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services.

This release was published on openPR.

Permanent link to this press release:

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 Global Automotive Tire Market Trends 2021 | Segmentation, Outlook, Industry Report to 2027 here

News-ID: 2540358 • Views: 249

More Releases from Orion Market Research

Global Smart Coating Market Top Leading Players with Strategies and Forecast 202 …
The global smart coating market is anticipated to grow at a CAGR of 21.5% during the forecast period (2022-2028). Smart coating materials are those that can change their properties in response to external environmental stimuli such as temperature, electric field, and so on. The smart coating is gaining popularity in the commercial application area these days, as it is employed for both protective and ornamental functions. In a wide range
Global Foosball Equipment Market Top Leading Players with Strategies and Forecas …
The global foosball equipment market is anticipated to grow at a CAGR of 2.5% during the forecast period (2022-2028). It is a tabletop version of soccer in which players turn rods fixed on top of a playing box and attached to miniature figures of players, in order to flick the ball and strike it toward the goal. The major factor expected to drive the market growth is the rise in
Global Turntables Market Top Leading Players with Strategies and Forecast 2028
The global turntables market is anticipated to grow at a CAGR of 4.3% during the forecast period (2022-2028). In the foreseeable future, the global turntables market is anticipated to increase at a stable rate. Vinyl records have an unrivaled aesthetic appeal in the age of digital music. One of the main reasons for the rise in demand for turntables is the unique experience that vinyl records bring to music fans.
Global Sequins Dress Market Top Leading Players with Strategies and Forecast 202 …
The global sequins dress market is anticipated to grow at a CAGR of 6.1% during the forecast period (2022-2028). Millennials are particularly drawn to sequin gowns due to their luxurious lifestyle encourages them to do so. Furthermore, the market's development is influenced by the expanding fashion trend as well as the changing landscape of retail brands. Due to the growing popularity of celebrities from TV shows, movies, modeling, and animations,

All 5 Releases

More Releases for Tire

Pneumatic Tire Market Worth Observing Growth | The Yokohama, Michelin, Continent …
Key Findings of Pneumatic Tire Market • The growth of the global pneumatic tire market would be supplemented by the growing automobile sector • The segment of radial tires accounts for the higher sales in the pneumatic tire market owing to their various advantages over cross ply tires, which include longer durability, improved performance and better mileage • Asia Pacific is the biggest tire market and would maintain its position over the forecast period. Download FREE Report
Global Tire derived Fuel Market Research Report 2018-2025 | Global Key -Liberty …
Looking at the current trends across the Tire derived Fuel market, a new study has been included to the wide database of Market Research Hub (MRH). The assessment is titled "Global Tire derived Fuel Market Insights, Forecast to 2025", which discourses the various market impacting factors like drivers, restraints and opportunities. Moreover, readers are informed about the competitive landscape which enlightens about the different players operating in the Tire derived
Tubeless Tire Market is Booming Worldwide | BFGoodrich, NITTO TIRE, Kumho, GITI …
HTF MI recently introduced Global Tubeless Tire Market study with in-depth overview, describing about the Product / Industry Scope and elaborates market outlook and status to 2023. The market Study is segmented by key regions which is accelerating the marketization. At present, the market is developing its presence and some of the key players from the complete study are Toyo Tire & Rubber, BFGoodrich, NITTO TIRE, Kumho, GITI Tire, Maxxis,
Retread Tires Market: Tire Recappers, Canton Bandag Tire Co, New England Truck T …
MarketResearchReports.Biz adds “Global Retread Tires Market Share, Size, Trends and Forecast Market Research Report” reports to its database. This report provides a strategic analysis of the Retread Tires market and the growth estimates for the forecasted period. This report studies the global Retread Tires market status and forecast, categorizes the global Retread Tires market size (value & volume) by key players, type, application, and region. This report focuses on the top
Global Aerospace Tire Market 2018 - Desser, Dunlop, Goodyear, Petlas Tire
Apex Market Reports, recently published a detailed market research study focused on the “Aerospace Tire Market” across the global, regional and country level. The report provides 360° analysis of “Aerospace Tire Market” from view of manufacturers, regions, product types and end industries. The research report analyses and provides the historical data along with current performance of the global PP Pipe industry, and estimates the future trend of Aerospace Tire on
Global Automotive Tire Market 2017 - Bridgestone, Continental, Cooper Tire
The report entitled Global Automotive Tire Market 2017 presents key insights into the global Automotive Tire market along with the latest up-to-date industry details and forthcoming Automotive Tire industry trends, which will assist the readers to focus on product specification and end users driving the overall market revenue and profitability. Report Keynotes: The main motive of the report on "Global Automotive Tire Market 2017" is to study comprehensive details of the market