Press release
Tires Market to reach USD 169.06 Bn by 2029, emerging at a CAGR of 4.2 percent and forecast 2023-2029
Tires Market
Report Scope:
Maximize Market Research Pvt Ltd, based in Pune, India, presents a comprehensive analysis of the Global Tires Market. The report delves into market dynamics, research methodology, drivers, restraints, and regional insights.
Research Methodology:
The report is based on a robust research methodology that includes a thorough analysis of market trends, data interpretation, and insights. For more details, a free sample report can be requested.
Request a Free Sample Copy or View Report Summary:https://www.maximizemarketresearch.com/request-sample/112589
What are Tires Market Dynamics:
Drivers
The surge in global vehicle production and sales, encompassing commercial vehicles, luxury cars, and electric vehicles, stands out as a primary driver for the tire market's growth. The report emphasizes the increasing demand for low-weight and premium vehicles as a significant factor propelling the market forward.
Restraints
The report sheds light on the significant impact of the COVID-19 pandemic on the Global Tires Market. Disruption in transport capabilities, stringent lockdown norms, and safety concerns contributed to a 44% reduction in unit sales. The pandemic also disrupted manufacturing operations and supply chains, leading to a decline in tire exports.
Tires Market Regional Insights:
The U.S. holds a 28% share in the global tire market, with an expected growth rate of 5.4%. The Asia-Pacific region, particularly China, India, and Japan, accounts for 48% of the global market. Despite the impact of COVID-19, the Asian tire market is projected to grow by 3.6% during the forecast period.
Request For Free Inquiry Report:https://www.maximizemarketresearch.com/inquiry-before-buying/112589
Tires Market Segmentation:
by Type
Radial Tires
Bias Tires
Non-Pneumatic Tires
by Vehicle Type
Passenger Cars
Commercial Cars
Off-Road Cars
by Distribution Channel
OEM
Aftermarket
Request for a Sample Report to get a more detailed analysis of the other segments:https://www.maximizemarketresearch.com/request-sample/112589
Tires Market Key Players:
North America
Cooper Tire & Rubber Company (U.S)
Goodyear Tire & Rubber Company (U.S)
Europe
Avon Tyres (U.K)
Continental AG (Germany)
MITAS A.S. (Czech Republic)
Michelin (France)
Groupe Michelin (France)
Nokian Tyres Oyj (Finland)
Pirelli & C. S.p.A (Italy)
Asia Pacific
Apollo Tyres Ltd (India)
MRF (India)
CEAT (India)
JK Tyre & Industries Ltd (India)
Madras Rubber Factory Ltd.(India)
Bridgestone Corporation (Japan)
Toyo Tire & Rubber Co., Ltd.(Japan)
Sumitomo Corporation(Japan)
Yokohama Tire Corporation (Japan)
Giti Tire Pte. Ltd (Singapore)
Cheng Shin Rubber Ind. Co. Ltd (Taiwan)
Maxxis International (Taiwan)
Hankook Tire Co., Ltd (South Korea)
Kumho Tire Co., Inc (South Korea)
Nexen Tire Corporation(South Korea)
Zhongce Rubber Group Co., Ltd.(China)
Sailun Group Co. Ltd.(China)
Shandong Linglong Tire Co., Ltd (China)
Get to Know More About This Market Study:https://www.maximizemarketresearch.com/market-report/global-tires-market/112589/
Table of content for the Tires Market includes:
1. Global Parenting App Market: Research Methodology
2. Global Parenting App Market: Executive Summary
● Market Overview and Definitions
● Introduction to the Global Market
● Summary
● Key Findings
● Recommendations for Investors
● Recommendations for Market Leaders
● Recommendations for New Market Entry
3.Global Parenting App Market: Competitive Analysis
● MMR Competition Matrix
● Market Structure by region
● Competitive Benchmarking of Key Players
● Consolidation in the Market
● M&A by region
● Key Developments by Companies
● Market Drivers
● Market Restraints
● Market Opportunities
● Market Challenges
● Market Dynamics
● PORTERS Five Forces Analysis
● PESTLE
● Regulatory Landscape by region
● North America
● Europe
● Asia Pacific
● Middle East and Africa
● South America
● COVID-19 Impact
4 . Company Profile: Key players
● Company Overview
● Financial Overview
● Global Presence
● Capacity Portfolio
● Business Strategy
● Recent Developments
Key Offerings:
● Past Market Size and Competitive Landscape (2022 to 2029)
● Past Pricing and price curve by region (2022 to 2029)
● Market Size, Share, Size and Forecast by different segment | 2022-2029
● Market Dynamics - Growth Drivers, Restraints, Opportunities, and Key Trends by region
● Market Segmentation - A detailed analysis by growth and trend
● Competitive Landscape - Profiles of selected key players by region from a strategic perspective
● Competitive landscape - Market Leaders, Market Followers, Regional player
● Competitive benchmarking of key players by region
● PESTLE Analysis
● PORTER's analysis
● Value chain and supply chain analysis
● Legal Aspects of business by region
● Lucrative business opportunities with SWOT analysis
● Recommendations
Contact Maximize Market Research:
MAXIMIZE MARKET RESEARCH PVT. LTD.
⮝ 444 West Lake Street, Floor 17,
Chicago, IL, 60606, USA.
✆ +1 800 507 4489
✆ +91 9607365656
🖂 mailto:sales@maximizemarketresearch.com
🌐 https://www.maximizemarketresearch.com
About Maximize Market Research:
Maximize Market Research is one of the fastest-growing market research and business consulting firms serving clients globally. Our revenue impact and focused growth-driven research initiatives make us a proud partner of the majority of the Fortune 500 companies. We have a diversified portfolio and serve a variety of industries such as IT & telecom, chemical, food & beverage, aerospace & defense, healthcare and others.
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 Tires Market to reach USD 169.06 Bn by 2029, emerging at a CAGR of 4.2 percent and forecast 2023-2029 here
News-ID: 3281825 • Views: …
More Releases from MAXIMIZE MARKET RESEARCH PVT. LTD
Ultrafiltered Milk Market Valued at USD 8.36 Billion in 2024, Anticipated to Gro …
The Ultrafiltered Milk Market size was valued at USD 8.36 Billion in 2024 and the total Ultrafiltered Milk revenue is expected to grow at a CAGR of 4.6% from 2025 to 2032, reaching nearly USD 11.99 Billion.
Ultrafiltered Milk Market Overview:
Ultrafiltered milk is gaining increasing attention in the dairy and functional food sectors thanks to its enhanced nutritional profile. Through a specialized membrane filtration process, ultrafiltration concentrates higher-molecular weight components…
Bath Towel Market to Grow from USD 10.46 Billion by 2032 at a CAGR of 6.7 %
The Bath Towel Market size reached USD 6.23 Bn in 2024 and is expected to reach USD 10.46 Bn by 2032, growing at a CAGR of 6.7 % during the forecast period.
Bath Towel Market Overview:
The bath towel industry is witnessing steady expansion, fueled by consumers' increasing focus on hygiene, comfort, and home aesthetics. High demand for plush, absorbent towels made of luxury materials such as Egyptian cotton, Turkish cotton,…
Carob Market to Reach USD 374.76 Million by 2032 Growing at a 5.3% CAGR
The global Carob Market was valued at USD 247.92 million in 2024 and is projected to reach USD 374.76 million by 2032, expanding at a compound annual growth rate (CAGR) of 5.3% during the forecast period from 2025 to 2032.
Carob Market Overview:
The carob market is experiencing significant growth, driven by its increasing popularity as a natural sweetener and plant-based alternative to chocolate. Derived from the seed pods of the carob…
Welding Electrode Market Expected To Reach USD 11.27 Bn by 2032
The Welding Electrode Market size was valued at USD 5.70 Billion in 2024 and the total Welding Electrode revenue is expected to grow at a CAGR of 8.9 % from 2025 to 2032, reaching nearly USD 11.27 Billion.
Welding Electrode Market Overview:
The Welding Electrode Market is evolving as a critical segment within the global manufacturing and construction industries. Welding electrodes are essential consumables that enable reliable and efficient joining of…
More Releases for Tire
Tire Derived Fuel Market to See Booming Growth | Reliable Tire Disposal, Liberty …
Latest released the research study on Global Tire Derived Fuel Market, offers a detailed overview of the factors influencing the global business scope. Tire Derived Fuel Market research report shows the latest market insights, current situation analysis with upcoming trends and breakdown of the products and services. The report provides key statistics on the market status, size, share, growth factors of the Tire Derived Fuel The study covers emerging player's…
Airplane Tire Market to See Huge Growth by 2027 | Qingdao Sentury Tire, Goodyear …
The latest study released on the Global Airplane Tire Market by AMA Research evaluates market size, trend, and forecast to 2027. The Airplane Tire market study covers significant research data and proofs to be a handy resource document for managers, analysts, industry experts and other key people to have ready-to-access and self-analyzed study to help understand market trends, growth drivers, opportunities and upcoming challenges and about the competitors.
Key Players in…
Tire Recycling Market: How the Business Will Grow in 2025? Prominent Players: Mi …
Tire Recycling Industry 2019 report provides concentrated and in-depth analysis of the existing situation of the Global Tire Recycling market, along with market share, revenue, assertive perception and forecast 2025.the report also provides current Tire Recycling business situation along with a valid assessment of the Tire Recycling business. Tire Recycling report is partitioned based on driving Tire Recycling players, application and regions.
Tire recycling, or rubber recycling, is the process of…
Vacuum Tire Market Scenario Highlighting Major Drivers & Trends, 2019 – 2025 | …
Vacuum Tire Industry research report delivers a close watch on leading competitors with strategic analysis, micro and macro market trend and scenarios, pricing analysis and a holistic overview of the market situations in the forecast period. It is a professional and a detailed report focusing on primary and secondary drivers, market share, leading segments and geographical analysis. Further, key players, major collaborations, merger & acquisitions along with trending innovation and…
Tire derived Fuel Market | Top Key Players: Ragn-Sells Group, Liberty Tire Whole …
Market Research Report Search Engine (MRRSE) recently announced the addition of a new research study to its comprehensive collection of research reports. The research report, titled “Tire derived Fuel Market – Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2018 – 2026” offers a detailed analysis of the market providing insights into the market dynamics that are expected to influence the overall market positively in the next few years.…
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…
