Press release
Tires Market to reach USD 169.06 Bn by 2030, emerging at a CAGR of 4.2 percent and forecast (2023-2029)
Tires Market
The comprehensive report on the Global Tires Market offers insights into the current market scenario, future projections, and key trends shaping the industry. It provides a detailed analysis of market dynamics, including drivers, restraints, and regional insights, aimed at assisting stakeholders in making informed decisions.The report employs robust research methodologies to gather and analyze data, ensuring accuracy and reliability. It includes primary research, secondary research, and expert opinions to present a comprehensive view of the market landscape.
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What are Tires Market Dynamics
The global tire market is primarily driven by rising vehicle production and sales all over the world. Commercial vehicle sales, such as trucks, tractors, and trailers, are also propelling the market forward. The demand of consumers for low-weight cars, as well as luxury and premium vehicles, is driving the market's growth during the forecast period. Vehicle sales worldwide were about 88.7 million in 2019 and are expected to reach XX million by 2026. As a result of the increased demand for and sale of automobiles across the world, tires are in great demand.
What is Tires Market Regional Insight
The report provides regional insights into key markets such as the United States, Europe, Japan, Canada, and the Asia-Pacific region. The Asia-Pacific region, led by China, dominates the global market and is expected to witness substantial growth during the forecast period
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What is Tires Market Segmentation
by Type
Radial Tires
Bias Tires
Non-Pneumatic Tires
by Vehicle Type
Passenger Cars
Commercial Cars
Off-Road Cars
Who are Tires Market Key Players
Cooper Tire & Rubber Company (U.S)
2. Goodyear Tire & Rubber Company (U.S)
3. Avon Tyres (U.K)
4. Continental AG (Germany)
5. MITAS A.S. (Czech Republic)
6. Michelin (France)
7. Nokian Tyres Oyj (Finland)
8. Pirelli & C. S.p.A (Italy)
9. Apollo Tyres Ltd (India)
10. MRF (India)
11. CEAT (India)
12. JK Tyre & Industries Ltd (India)
13. Madras Rubber Factory Ltd. (India)
14. Bridgestone Corporation (Japan)
15. Toyo Tire & Rubber Co., Ltd. (Japan)
16. Sumitomo Corporation (Japan)
17. Yokohama Tire Corporation (Japan)
18. Giti Tire Pte. Ltd (Singapore)
19. Cheng Shin Rubber Ind. Co. Ltd (Taiwan)
20. Maxxis International (Taiwan)
21. Hankook Tire Co., Ltd (South Korea)
22. Kumho Tire Co., Inc (South Korea)
23. Nexen Tire Corporation (South Korea)
24. Zhongce Rubber Group Co., Ltd. (China)
25. Sailun Group Co. Ltd. (China)
26. Shandong Linglong Tire Co., Ltd (China)
Table of content for the Tires Market includes:
Global Tires Market : Research Methodology
Global Tires 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
Global Tires 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
Company Profile: Key players
Company Overview
Financial Overview
Global Presence
Capacity Portfolio
Business Strategy
Recent Developments
Key Offerings:
Past Market Size and Competitive Landscape
Tires Market Size, Share, Size & Forecast by different segment |
Market Dynamics - Growth Drivers, Restraints, Opportunities, and Key Trends by region
Tires Market Segmentation - A detailed analysis by Product
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
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