openPR Logo
Press release

Comprehensive Industry Report Offers Forecast and Analysis on Automotive Tires Market

07-27-2017 01:09 PM CET | Advertising, Media Consulting, Marketing Research

Press release from: Future Market Insights

Comprehensive Industry Report Offers Forecast and Analysis

The automotive tires play a very important role in vehicle performance along with the vehicle engine. A tire should be fine enough to carry vehicle weight and pressure on any road with superior breaking performances. The manufacturers focus on enhancing the production and performance capabilities of tires to meet with the growing demands of OEMs as well as secondary market.The automotive tires market is expected to grow rapidly in the coming decades. The Asia-Pacific tire market is expected to contribute 1/4th of the total global market growth as the Asia-Pacific economies are growing rapidly and hence the transportation segment.The global automotive tire market is estimated to grow rapidly owing to increasing automotive vehicle production and vehicle parc.

When it comes to increasing demands for the automotive tires globally, tire manufacturers need to focus on availability of the raw materials primarily.Rubber, tire fillers (for tire fortification) and chemical supplements are the three main raw materials required for tire manufacturing and the smooth supply of the raw materials is an important aspect of the tire manufacturing process, as each of the above raw materials is an influential factor in tire manufacturing. There are two kinds of rubber used in tire manufacturing, Natural Rubber and Synthetic Rubber. Natural rubber is mainly produced and supplied from Asian countries such as India and China mostly, as the countries are having favourable climatic conditions for the growth of rubber plants whereas Synthetic Rubber is the produce of petroleum. The fluctuations in crude oil prices affect the production of synthetic rubber and as a result, it will increment the input costs in tire manufacturing.The main focus of the automotive tire manufacturers is always upon OEMs as they are the primary consumers of tires in terms of volume. Each OEM has some sanctioned tire manufacturers from whom they source tires. OEMs conduct some prompt sanctioning processes to sanction the vendor, which the tire manufacturers need to follow. The OEMs evaluate the vendors on the basis of quality of material, packaging, manufacturing and supply capabilities of tire manufacturers.

Request For Report Sample@

Global Automotive Tires Market: Dynamics


The hike in automotive demand and production in recent years are estimated to be the key drivers of global automotive tires market. The large fleet size is expected to be replaced with new automotive tires, which in turn will spur the global demand for automotive tires.

Additional factors such as rapid global expansion, increasing demands for better durability & mileage, high quality production and growing demand for eco-friendly tires, are also estimated to fuel the demand for global automotive tires market.


Fluctuating prices of raw materials are expected to hamper the growth of global automotive tires market.

Global Automotive Tires Market: Segmentation

Following is the segmentation for the global automotive tires market:

The global automotive tires market segmented on the basis of seasons is as follows: winter, summer and all-season tires.

The global automotive tires market segmented on the basis of sales channel is as follows: OEMs and Aftermarket.

Visit For TOC@

The global automotive tires market segmented on the basis of vehicle type is as follows: Passenger Car, LCV, and HCV.

The global automotive tires market segmented on the basis of type is as follows: Radial and Bias/Cross ply

The global automotive tires market segmented on the basis of sales channel is as follows: Original Equipment Manufacturers (OEM) and Aftermarket

Global Automotive Tires Market: Regional Outlook

Asia-Pacific Automotive Tires Market is estimated to grow rapidly over the forecast period owing to increasing automotive production and vehicle parc. In Asia Pacific region, India and China are the countries driving the growth owing to low production costs and growing demand for light and heavy vehicles. North America and Europe are matured markets in global automotive tires market.

Future Market Insights (FMI) is a leading market intelligence and consulting firm. We deliver syndicated research reports, custom research reports and consulting services, which are personalized in nature. FMI delivers a complete packaged solution, which combines current market intelligence, statistical anecdotes, technology inputs, valuable growth insights, an aerial view of the competitive framework, and future market trends.

Future Market Insights
616 Corporate Way, Suite 2-9018,
Valley Cottage, NY 10989,
United States
T: +1-347-918-3531
F: +1-845-579-5705

This release was published on openPR.

Permanent link to this press release:

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 Comprehensive Industry Report Offers Forecast and Analysis on Automotive Tires Market here

News-ID: 643932 • Views: 112

More Releases from Future Market Insights

How Changing Dynamics of Cable Testing Market are Reflecting on Growth Strategie …
Global Cable Testing Market: Introduction The cost of the substitution of cables that are concealed is very high. Faults in the cable, bending, kinking, and crushing, are not always visible, which has created the requirement for cable testing. Thus, cable testing helps check the cable functionality, cable quality, and cable conformity. Several times, cable testing by visual inspection is an effective way of identifying the actual problem before it causes any
How Transformative Trends in Self-Organising Network Market are Molding Strategi …
Self-Organising Network: Introduction With accelerated advancements and increasing complexities in the radio network technologies, such as those utilised for the development of LTE and 5G networks, which are used for planning, management, configuration, healing and optimisation, are required to be automated to facilitate efficiency. At present, suppliers are offering self-organising networks that possess the ability to offer optimum performance. Self-organising networks are use cases that perform network governance, including network planning,
Mining Vehicle AC Kits Market: Exploring the Impact of Trends on Strategies of K …
Mining Vehicle AC Kits Market: Introduction Cabin space in mining equipment has become more sophisticated in the recent past. The installation of mining vehicle AC kits has evolved from an optional feature to a necessary feature. Mining equipment manufacturers have made advancements in technology related to efficiency, performance and cost of air conditioning systems in order to make them affordable and economical to enable low-budget and compact installations without compromising on
Key Factors to Fuel Growth of the Talent Acquisition & Staffing Technology and S …
With the growing importance of recruiting and retaining top talent effectively and efficiently, smart hiring processes are the need of the hour. It is about time organisations move beyond merely scrutinising resumes. Salaries and benefits are important factors, but adopting ways that would make candidates an important part of the hiring process will attract the best talent. Studies reveal that due to discrepancies in existing Applicant Tracking Systems (ATS), hiring

All 5 Releases

More Releases for OEM

UniStrong Is Now a 42Gears OEM Partner
42Gears Mobility Systems, a leading Unified Endpoint Management (UEM) player announces that it has onboarded UniStrong as an OEM partner. UniStrong is a renowned provider of high-precision products, rugged devices and services for the Global Geospatial Industry. The partnership will help UniStrong integrate their rugged devices with 42Gears’s suite of products to deliver best-in-class mobility management ready rugged computing solutions. UniStrong rugged devices are routinely used in the GIS,
Humidity Measurement Module for OEM Applications
The EE1900 humidity module from E+E Elektronik is optimised for the measurement of relative humidity (RH) or dew point temperature (Td) in climate and test chambers. With outstanding temperature compensation across the working range from -70 °C to 180 °C (-94 °F to 356 °F) and the choice of stainless steel and plastic probes, the module is suitable for a wide range of applications. High Accuracy in Harsh Environment The excellent
Global OEM Insulation Market Analysis with Trends and Operational Strategies
Qyresearchreports include new market research report Global OEM Insulation Market Research Report 2018 to its huge collection of research reports. In this report, the global OEM Insulation market is valued at USD XX million in 2017 and is expected to reach USD XX million by the end of 2025, growing at a CAGR of XX% between 2017 and 2025. The global OEM Insulation market is expanding on account of various factors which
OEM Coatings Market Outlook, Opportunities, Growth and Forecast Report 2025
OEM coatings are advanced technology coatings by producers of durable goods. These coatings function as protective coatings and offer decorative finish to the coated product. In terms of value, OEM coatings accounted for nearly 30% share of the global coatings market in 2016. The OEM coatings market has been expanding since the last few years. Products are shipped directly by the manufacturer to the customer without going through the typical
Unicon Software and VXL Instruments signing OEM-partnership agreement
The German company Unicon Software welcomes VXL Instruments as its latest OEM-partner. Unicon’s software solutions eLux and Scout Enterprise will now also be available as built-in version especially on VXL’s D- and MD-series. VXL Instruments was established in 1976 and is a global leader in cloud computing access devices such as Thin Clients. Through technology partnerships with Citrix or VMware, VXL is committed to deliver innovative solutions to its customers. VXL’s
Adyton Systems announces OEM partnership with Symantec
Adyton Systems strengthens its next-generation firewall with the integration of Symantecs’ RuleSpace in its security application. Leipzig, Germany, July 3, 2012. Adyton Systems announced a new global OEM partnership with Symantec. This will enable Adyton Systems to equip its next-generation firewall NETWORK PROTECTOR with additional functionality for Internet security. Using Symantec’s URL filter RuleSpace, Internet content will be scanned and compared against the RuleSpace database. This allows suspicious websites to be