Press release
Tires Market Growth and Size Outlook Suggest USD 176.15 Billion by 2030
Tires Market
๐๐ข๐ซ๐๐ฌ ๐๐๐ซ๐ค๐๐ญ ๐๐ฏ๐๐ซ๐ฏ๐ข๐๐ฐ:
Tires play a crucial role in vehicle performance, serving as the primary point of contact between the road and the vehicle. They ensure safety, provide traction, and contribute to steering stability. The growing demand for vehicles worldwide, coupled with advancements in tire technology, is driving the global tire market. Regions such as Asia-Pacific, with significant contributions from China, India, and Japan, dominate the market due to their high production and sales capacities.
๐๐จ๐ฎ๐ซ ๐๐๐ฆ๐ฉ๐ฅ๐ ๐๐๐ฉ๐จ๐ซ๐ญ ๐๐ฌ ๐๐ฎ๐ฌ๐ญ ๐ ๐๐ฅ๐ข๐๐ค ๐๐ฐ๐๐ฒ! https://www.maximizemarketresearch.com/request-sample/112589/
๐๐ซ๐ข๐ฏ๐๐ซ๐ฌ ๐ข๐ง ๐ญ๐ก๐ ๐๐ข๐ซ๐๐ฌ ๐๐๐ซ๐ค๐๐ญ:
The primary driver of the tire market is the rising global production and sales of vehicles, including passenger cars, commercial vehicles, and electric vehicles. Increasing consumer preference for luxury and high-performance vehicles further supports market growth. Additionally, growing environmental awareness and stringent emission regulations are pushing manufacturers to develop innovative, sustainable tire solutions, enhancing their appeal among eco-conscious buyers.
๐๐ข๐ซ๐๐ฌ ๐๐๐ซ๐ค๐๐ญ ๐๐ซ๐๐ง๐๐ฌ:
The tire industry is experiencing notable trends such as the adoption of radial tires for improved performance and durability, particularly in industrial and commercial applications. The increasing popularity of electric vehicles is fostering demand for specialized tires designed for reduced rolling resistance and enhanced energy efficiency. Additionally, technological advancements like smart tires equipped with sensors for real-time monitoring are reshaping the industry landscape.
๐๐๐๐ ๐๐จ๐ซ๐ ๐๐ง๐๐จ๐ซ๐ฆ๐๐ญ๐ข๐จ๐ง? ๐๐ง๐ช๐ฎ๐ข๐ซ๐ ๐๐๐จ๐ฎ๐ญ ๐๐๐ฆ๐ฉ๐ฅ๐ + ๐๐ซ๐๐ฉ๐ก๐ฌ ๐๐๐ซ๐: https://www.maximizemarketresearch.com/inquiry-before-buying/112589/
๐๐ข๐ซ๐๐ฌ ๐๐๐ซ๐ค๐๐ญ ๐๐ฉ๐ฉ๐จ๐ซ๐ญ๐ฎ๐ง๐ข๐ญ๐ข๐๐ฌ:
Significant growth opportunities exist in the Asia-Pacific region, driven by the expanding automotive sector and rising disposable incomes. The increasing average lifespan of vehicles globally boosts the demand for replacement tires in the aftermarket segment. Furthermore, the surge in electric vehicle adoption presents opportunities for tire manufacturers to innovate and cater to this growing segment with tailored products.
๐๐ก๐๐ญ ๐ข๐ฌ ๐๐ข๐ซ๐๐ฌ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ ๐ข๐จ๐ง๐๐ฅ ๐๐ง๐ฌ๐ข๐ ๐ก๐ญ?
The Asia-Pacific region leads the global tire market, accounting for nearly half of the market share in 2023, with China, India, and Japan dominating production and sales. North America and Europe also represent significant markets, driven by strong demand for passenger and commercial vehicles. The U.S. tire market holds a substantial share, while countries like Germany, Japan, and Canada exhibit steady growth rates. These regional dynamics are underpinned by advancements in tire manufacturing and increasing consumer preference for high-quality, performance-driven products.
๐๐ฎ๐ซ๐ข๐จ๐ฎ๐ฌ ๐ญ๐จ ๐ฉ๐๐๐ค ๐ข๐ง๐ฌ๐ข๐๐? ๐๐ซ๐๐ ๐ฒ๐จ๐ฎ๐ซ ๐ฌ๐๐ฆ๐ฉ๐ฅ๐ ๐๐จ๐ฉ๐ฒ ๐จ๐ ๐ญ๐ก๐ข๐ฌ ๐ซ๐๐ฉ๐จ๐ซ๐ญ ๐ง๐จ๐ฐ:๏ปฟ https://www.maximizemarketresearch.com/request-sample/112589/ ๏ปฟ๏ปฟ
๐๐๐ ๐ฆ๐๐ง๐ญ๐๐ญ๐ข๐จ๐ง ๐๐ง๐๐ฅ๐ฒ๐ฌ๐ข๐ฌ ๐จ๐ ๐ญ๐ก๐ ๐๐ข๐ซ๐๐ฌ ๐๐๐ซ๐ค๐๐ญ
by Type
Radial Tires
Bias Tires
Non-Pneumatic Tires
by Vehicle Type
Passenger Cars
Commercial Cars
Off-Road Cars
by Distribution Channel
OEM
Aftermarket
๐๐ก๐จ ๐ข๐ฌ ๐ญ๐ก๐ ๐ฅ๐๐ซ๐ ๐๐ฌ๐ญ ๐ฆ๐๐ง๐ฎ๐๐๐๐ญ๐ฎ๐ซ๐๐ซ๐ฌ ๐จ๐ ๐๐ข๐ซ๐๐ฌ ๐๐๐ซ๐ค๐๐ญ ๐ฐ๐จ๐ซ๐ฅ๐๐ฐ๐ข๐๐?
1. 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)
๐๐๐ญ ๐๐ข๐ฌ๐๐จ๐ฎ๐ง๐ญ ๐๐ง ๐๐ก๐ ๐๐ฎ๐ซ๐๐ก๐๐ฌ๐ ๐๐ ๐๐ก๐ข๐ฌ ๐๐๐ฉ๐จ๐ซ๐ญ @ https://www.maximizemarketresearch.com/market-report/global-tires-market/112589/ ๏ปฟ๏ปฟ๏ปฟ๏ปฟ๏ปฟ
๐๐๐ฒ ๐๐๐๐๐ซ๐ข๐ง๐ ๐ฌ:
Past Tires Market Size and Competitive Landscape
Tires Market Size, Share, Size & Forecast by different segment
Tires 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 - Tires 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
๐๐ฑ๐ฉ๐ฅ๐จ๐ซ๐ ๐จ๐ฎ๐ซ ๐ญ๐จ๐ฉ-๐ฉ๐๐ซ๐๐จ๐ซ๐ฆ๐ข๐ง๐ ๐ซ๐๐ฉ๐จ๐ซ๐ญ๐ฌ ๐จ๐ง ๐ญ๐ก๐ ๐ฅ๐๐ญ๐๐ฌ๐ญ ๐ญ๐ซ๐๐ง๐๐ฌ:
โฆ Fingerprint Sensors Market https://www.maximizemarketresearch.com/market-report/fingerprint-sensors-market/2828/
โฆ Acrylic Resins Market https://www.maximizemarketresearch.com/market-report/global-acrylic-resins-market/26325/
โฆ Pregnancy Pillow Market https://www.maximizemarketresearch.com/market-report/pregnancy-pillow-market/149005/
โฆ White Biotechnology Market https://www.maximizemarketresearch.com/market-report/global-white-biotechnology-market/98059/
โฆ Connected Healthcare Market https://www.maximizemarketresearch.com/market-report/connected-healthcare-market/121763/
โฆ Statin Market https://www.maximizemarketresearch.com/market-report/global-statin-market/77560/
โฆ Hospital Furniture Market https://www.maximizemarketresearch.com/market-report/global-hospital-furniture-market/64223/
๐๐จ๐ง๐ญ๐๐๐ญ ๐๐๐ฑ๐ข๐ฆ๐ข๐ณ๐ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ฌ๐๐๐ซ๐๐ก:
MAXIMIZE MARKET RESEARCH PVT. LTD.
โฎ 3rd Floor, Navale IT park Phase 2,
Pune Banglore Highway, Narhe
Pune, Maharashtra 411041, India.
โ +91 9607365656
๐ sales@maximizemarketresearch.com
๐ www.maximizemarketresearch.com
๐๐๐จ๐ฎ๐ญ ๐๐๐ฑ๐ข๐ฆ๐ข๐ณ๐ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ฌ๐๐๐ซ๐๐ก:
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 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 Growth and Size Outlook Suggest USD 176.15 Billion by 2030 here
News-ID: 3751830 • Views: โฆ
More Releases from MAXIMIZE MARKET RESEARCH PVT. LTD
Home Fragrance Market Poised to Reach USD 17.27 Billion by 2032; CAGR 5.8% - Dri โฆ
The Global Home Fragrance Market was valued at USD 11 Billion in 2024 and is projected to grow at a CAGR of 5.8% from 2025 to 2032, reaching approximately USD 17.27 Billion by 2032.
Market Overview
The Home Fragrance Market is experiencing sustained global demand driven by increased consumer interest in indoor ambience enhancement, stress-relief attributes of scents, and home deฬcor trends. Products such as scented candles, essential oil diffusers, sprays, andโฆ
Cloud Kitchen Market Trends 2024-2030 Driven by Online Food Platforms and Cost-E โฆ
Cloud Kitchen Market size was valued at USD 34.69 Bn in 2023 and Cloud Kitchen Market revenue is expected to reach USD 87.51 Bn by 2030, at a CAGR of 14.13% over the forecast period. Market Expected to Witness Strong Growth Through 2030, Driven by Urban Demand and Digital Food Ordering
Curious to peek inside? Grab your sample copy of this report now: https://www.maximizemarketresearch.com/request-sample/109430/
The Cloud Kitchen Market is undergoing rapid transformationโฆ
Electronics Manufacturing Services Market Poised to Hit USD 921.49 Billion by 20 โฆ
The Global Electronics Manufacturing Services Market was valued at approximately USD 633.29 Billion in 2024 and is projected to grow at a CAGR of 4.8% through 2032, reaching USD 921.49 Billion by 2032.
Market Overview
The Global Electronics Manufacturing Services Market encompasses full-spectrum services - from PCB fabrication and product assembly to testing, logistics, and aftermarket support - that enable original equipment manufacturers to streamline production and focus on innovation. Electronics Manufacturingโฆ
Cosmetics Market Size to Reach USD 704.17 Billion by 2032: Rising Clean Beauty, โฆ
The Global Cosmetics Market was valued at USD 467.63 Billion in 2024 and is projected to reach USD 704.17 Billion by 2032, exhibiting a CAGR of 5.25% from 2025 to 2032.
Market Overview
The Global Cosmetics Market continues to grow rapidly, driven by heightened beauty consciousness, strong demand for advanced skincare, digital transformation in e-commerce, and rising preference for clean and sustainable beauty products. Market dynamics show innovation originating from major beautyโฆ
More Releases for Tire
Tire Derived Fuel Market to See Booming Growth | Reliable Tire Disposal, Liberty โฆ
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'sโฆ
Airplane Tire Market to See Huge Growth by 2027 | Qingdao Sentury Tire, Goodyear โฆ
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 inโฆ
Tire Recycling Market: How the Business Will Grow in 2025? Prominent Players: Mi โฆ
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 ofโฆ
Vacuum Tire Market Scenario Highlighting Major Drivers & Trends, 2019 โ 2025 | โฆ
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 andโฆ
Tire derived Fuel Market | Top Key Players: Ragn-Sells Group, Liberty Tire Whole โฆ
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 โTire derived Fuel Market โ Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2018 โ 2026โ 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.โฆ
Global Tire derived Fuel Market Research Report 2018-2025 | Global Key -Liberty โฆ
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 derivedโฆ
