Press release
Automotive Tire Market to Set Phenomenal Growth From 2025 to 2034 | Bridgestone, Michelin, Goodyear Tire & Rubber
On February 27, 2025, Exactitude Consultancy., Ltd. released a research report titled "Automotive Tire Market". In-depth research has been compiled to provide the most up-to-date information on key aspects of the worldwide market. This research report covers major aspects of the Automotive Tire Market including drivers, restraints, historical and current trends, regulatory scenarios, and technological advancements. It provides the industry overview with growth analysis and historical & futuristic cost, revenue, demand and supply data (as applicable). The research analysts provide an elaborate description of the value chain, future strategies. Our reports are single-point solutions for businesses to grow, evolve, and mature. Our real-time data collection methods along with ability to track more than one million high growth niche Automotive Tire are aligned with your aims.This report is also available in the following languages : Japanese (自動車タイヤ市場), Korean (자동차 타이어 시장), Chinese (汽车轮胎市场), French (Marché des pneus automobiles), German (Markt für Autoreifen), and Italian (Mercato degli pneumatici per autoveicoli), etc.
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The Global Automotive Tire Market Size is projected to reach at a CAGR of 5.3% during 2025-2034. The automotive tire market is witnessing steady growth, driven by increasing vehicle production, rising replacement demand, and advancements in tire technology. Sustainability initiatives are promoting the use of eco-friendly and fuel-efficient tires, while smart tire integration is enhancing safety and performance. The growing electric vehicle segment is influencing tire designs, emphasizing low rolling resistance and durability. However, raw material price volatility and supply chain disruptions pose challenges. Major players are investing in AI-based predictive maintenance and self-healing tire technologies. The shift toward premium, high-performance, and specialty tires is expected to shape the market's long-term growth trajectory.
Competitive Dashboard:
Bridgestone Corporation,Michelin,Goodyear Tire & Rubber Company,Continental AG,Pirelli & C. S.p.A.,Dunlop Tires (part of Goodyear),Yokohama Rubber Company,Hankook Tire,Toyo Tire Corporation,B.F. Goodrich (part of Michelin),Cooper Tire & Rubber Company,Nexen Tire,Cheng Shin Rubber (Maxxis),Kumho Tire,Continental ContiTech,Uniroyal (part of Michelin),Falken Tire (part of Sumitomo Rubber),Apollo Tyres,Giti Tire,Sailun Tire
The Automotive Tire Market report is generated through systematic data collection and analysis, including research on individuals, organizations, and social opinions. The global Automotive Tire Market is categorized based on type and application. Players, stakeholders, and other participants in the global market can leverage this research as a valuable resource to gain a competitive edge. The segmental study focuses on production capacity, revenue, and forecasts by type and application for the years 2025-2034.
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Global Automotive Tire Market: Segmental Analysis
1. By Type:
- Radial Tires
- Bias Tires
2. By Vehicle Type:
- Passenger Vehicles
- Commercial Vehicles
- Two-Wheelers
- SUVs and Light Trucks
3. By End User:
- Original Equipment Manufacturers (OEMs)
- Aftermarket
4. By Seasonality:
- Summer Tires
- Winter Tires
- All-Season Tires
5. By Manufacturing Process:
- Tubeless Tires
- Tube Tires
6. By Material:
- Natural Rubber
- Synthetic Rubber
- Steel
- Fabric
7. By Distribution Channel:
- Online
- Offline
8. By Technology:
- Conventional Tires
- Smart Tires
Countries Covered:
North America (U.S. and Canada)
Latin America (Mexico, Brazil, Peru, Chile, and others)
Western Europe (Germany, U.K., France, Spain, Italy, Nordic countries, Belgium, Netherlands, and Luxembourg)
Eastern Europe (Poland and Russia)
Asia Pacific (China, India, Japan, ASEAN, Australia, and New Zealand)
Middle East and Africa (GCC, Southern Africa, and North Africa)
Automotive Tire Market Challenges and Risks:
The automotive tire market faces challenges from volatile raw material prices, particularly rubber and synthetic polymers. Rising environmental regulations push manufacturers toward sustainable and eco-friendly tire production, increasing R&D costs. The influx of low-cost imports intensifies price competition, affecting premium tire manufacturers. Supply chain disruptions impact distribution, while changing mobility trends, such as electric vehicles and autonomous driving, require new tire designs. Counterfeit and substandard tires pose safety risks and undermine brand reputation. The shift toward smart and connected tires demands technological investments, creating barriers for traditional manufacturers. Balancing durability, efficiency, and cost remains an industry challenge.
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Table of Content: Automotive Tire Market:
Chapter 1: Introduction, market driving force product Objective of Study and Research Scope the Automotive Tire market
Chapter 2: Exclusive Summary - the basic information of the Automotive Tire Market
Chapter 3: Displaying the Market Dynamics- Drivers, Trends and Challenges & Opportunities of the Automotive Tire Market
Chapter 4: Presenting the Automotive Tire Market Factor Analysis, Porters Five Forces, Supply/Value Chain, PESTEL analysis, Market Entropy, Patent/Trademark Analysis
Chapter 5: Displaying the by Type, End User and Region/Country
Chapter 6: Evaluating the leading manufacturers of the Automotive Tire market which consists of its Competitive Landscape, Peer Group Analysis, BCG Matrix & Company Profile
Chapter 7: To evaluate the market by segments, by countries and by Manufacturers/Company with revenue share and sales by key countries in these various regions (2025-2034)
Chapter 8 & 9: Displaying the Appendix, Methodology and Data Source
finally, Automotive Tire Market is a valuable source of guidance for individuals and companies.
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About Us:
Exactitude Consultancy is a market research & consulting services firm which helps its client to address their most pressing strategic and business challenges. Our market research helps clients to address critical business challenges and also helps make optimized business decisions with our fact-based research insights, market intelligence, and accurate data.
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