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Automotive Tire Market Size, Share, Trends, Analysis, Report & Forecast to 2022

11-18-2016 01:15 PM CET | Logistics & Transport

Press release from: Stratistics Market Research Consulting Pvt Ltd

Automotive Tire Market Size, Share, Trends, Analysis, Report &

According to Stratistics MRC, the Global Automotive Tire market is accounted for $213.9 billion in 2015 and is expected to reach $343.4 billion by 2022 growing at a CAGR of 6.9% from 2015 to 2022. Changing customer preferences for better mileage, rising demand for automobiles and demand for luxury and sports utility vehicles are projected to propel the market growth. Use of bio oils in the manufacturing process for eco friendly tires and nanotechnology is expected to create opportunities for the market. Fluctuating prices of raw materials will impede the market growth.

Radial tires will be the largest product segment of the automotive type tire market. Passenger cars will be the largest application segment followed by Light Commercial Vehicle (LCV) segment. Asia Pacific dominates the market for automotive tires. The automotive tire market is growing significantly in Europe and North America.

Some of the key players in global Automotive Tire market are Cooper Tire & Rubber Company, Continental Group, Goodyear Tire and Rubber Company, Hankook Tire Co. Ltd, Michelin Group, Pirelli & C. S.P.A., Sumitomo Rubber Industries, Ltd., The Bridgestone Group, MRF Tyre, Hankook Tire, Hangzhou Zhongce Rubber Company, Apollo Tyres Ltd, Carlisle Companies, Inc, CEAT Ltd, DMACK Holdings Ltd., Fullrun Tyre, Hutchinson SNC, Nokian Tyres Group, Yokohama Rubber Co., Ltd, Toyo Tire & Rubber Co. Ltd. , Trelleborg AB, Nankang Rubber Tire and Dunlop.

Sample request at:
http://www.strategymrc.com/report/automotive-tire-market

Types Covered:
• Bias
• Radial
Aspect Ratios Covered:
• Less than 60
• 60 to 70
• Greater than 70

Vehicle Types Covered:
• Passenger cars
o Light commercial vehicles
o Heavy commercial vehicles
o Two wheelers
• Ultra High Performance/Touring Automotive Tires
Section Width Covered:
• 230 MM

End Users Covered:
• Original Equipment Manufacturer (OEMs)
• Aftermarket

Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o France
o Italy
o UK
o Spain
o Rest of Europe
• Asia Pacific
o Japan
o China
o India
o Australia
o New Zealand
o Rest of Asia Pacific
• Rest of the World
o Middle East
o Brazil
o Argentina
o South Africa
o Egypt

Access Full Report at:
http://www.strategymrc.com/report/automotive-tire-market

What our report offers:
- Market share assessments for the regional and country level segments
- Market share analysis of the top industry players
- Strategic recommendations for the new entrants
- Market forecasts for a minimum of 7 years of all the mentioned segments, sub segments and the regional markets
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements

About Stratistics MRC
We offer wide spectrum of research and consulting services with in-depth knowledge of different industries. We are known for customized research services, consulting services and Full Time Equivalent (FTE) services in the research world. We explore the market trends and draw our insights with valid assessments and analytical views. We use advanced techniques and tools among the quantitative and qualitative methodologies to identify the market trends.
Our research reports and publications are routed to help our clients to design their business models and enhance their business growth in the competitive market scenario. We have a strong team with hand-picked consultants including project managers, implementers, industry experts, researchers, research evaluators and analysts with years of experience in delivering the complex projects.
For more information, please visit http://www.strategymrc.com/

Stratistics Market Research Consulting Pvt Ltd
17049 King James Way,
Gaithersburg, MD,
20877, USA
+1-301-202-5929
Email: info@strategymrc.com

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