Press release
Global Automotive Tire Market Growth Prospects, Future Industry Landscape 2031 | Bridgestone Corporation, The Goodyear Tire and Rubber Company, Continental AG, Michelin, Sumitomo Rubber Industries
The global automotive tire market size is expected to grow from $118.1 billion in 2021 to $123.7 billion in 2022 at a compound annual growth rate (CAGR) of 4.7%. The automotive tyre market size is expected to grow to $151.66 billion in 2026 at a CAGR of 5.2%.The Business Research Company offers the Automotive Tire Global Market Report 2022 in its research report store. It is the most comprehensive report available on this market and will help gain a truly global perspective as it covers 60 geographies. The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by region and by country. It also compares the market's historic and forecast growth, and highlights important trends and strategies that players in the market can adopt.
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The automotive tire market consists of sales of automotive tires by entities (organizations, sole proprietors, partnerships) that are used in automobiles to support the weight of the vehicle, absorb road shocks, transmit traction, torque, and braking forces to the road surface and maintain and change the direction of travel. Tires are mounted on rims and pressurized air is pumped into them.
Some key automotive tire market are Bridgestone Corporation, The Goodyear Tire and Rubber Company, Continental AG, Michelin, Sumitomo Rubber Industries, Hankook and Company Co. Ltd., Pirelli, The Yokohama Rubber Co. Ltd, Apollo Tyres Ltd. S.p.A, Toyo Tire Corporation
The countries covered in the global Automotive Tire market are Argentina, Australia, Austria, Belgium, Brazil, Canada, Chile, China, Colombia, Czech Republic, Denmark, Egypt, Finland, France, Germany, Hong Kong, India, Indonesia, Ireland, Israel, Italy, Japan, Malaysia, Mexico, Netherlands, New Zealand, Nigeria, Norway, Peru, Philippines, Poland, Portugal, Romania, Russia, Saudi Arabia, Singapore, South Africa, South Korea, Spain, Sweden, Switzerland, Thailand, Turkey, UAE, UK, USA, Venezuela, Vietnam.
The regions covered in the global Automotive Tire market are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Automotive Tire Market Segmentation:
1) By Rim Size
Less Than 15 Inches
15 to 20 Inches
More Than 20 Inches
2) By Vehicle Type
Passenger Vehicle
Commercial Vehicle, Electric Vehicle
See more on the report at https://www.thebusinessresearchcompany.com/report/automotive-tire-global-market-report
The Report's Table Of Contents includes
1. Executive Summary
2. Automotive Tire Market Characteristics
3. Automotive Tire Market Trends And Strategies
4. Impact Of COVID-19 On Automotive Tire
5. Automotive Tire Market Size And Growth
....
27. Automotive Tire Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Automotive Tire Market
29. Automotive Tire Market Future Outlook and Potential Analysis
30. Appendix
This report covers the trends and market dynamics of the Automotive Tire market in major countries - Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, and USA. The report also includes consumer surveys and various future opportunities for the market.
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