openPR Logo
Press release

Automotive Tire Market Forecast, Trend Analysis & Competition Tracking: Global Review 2017 to 2022

12-04-2017 08:57 AM CET | IT, New Media & Software

Press release from: Fact.MR

Automotive Tire Market

Automotive Tire Market

With a strong focus on fuel efficiency, and demand for low-rolling resistance tires, along with stringent environment regulations, the global market for automotive tires is likely to witness an upsurge in the near future. The market is also expected to benefit from increasing prevalence of green tires on the back of rapidly growing concerns associated with overflowing landfills of scrap tires, and inadequate recycling efforts. OEMs are now focusing on performance and efficiency of tires as imperative engineering parameters. Fact.MR offers a detailed analysis on the global automotive tire market in its recent research for the forecast period 2017 to 2022.

Request Free Sample Report- https://www.factmr.com/connectus/sample?flag=S&rep_id=12

Fact.MR’s report projects the revenues from global automotive tire market to reach nearly US$ 270,000 Mn in 2017. Increasing disposable income of people has resulted into an increased spending in automobiles by individuals, which in turn has fuelled the growth in demand for automotive parts such as tires. With the rapid pace of new technologies influencing the automotive sector, automakers are making huge investments in research & development activities. In addition, increasing life-spans of vehicles have led towards demand for replacement of tires globally. The report projects the global automotive tire market to register a steady expansion at 5.1% CAGR, to reach revenues worth US$ 342,209.2 Mn by 2022-end.

Browse Full Report with TOC- https://www.factmr.com/report/12/automotive-tire-market

6 Projections of Fact.MR’s Report on Global Automotive Tire Market

Based on product type, the market is bifurcated into radial tires and bias tires. Although bias tires will remain preferred in the market, sales of radial tires are estimated to register a comparatively higher CAGR through 2022.

Sales of automotive tires in LCVs and two-wheeler vehicles are expected to register parallel expansion during the forecast period, with LCVs estimated to account for a comparatively larger revenue share than two-wheeler vehicles.

In addition, sales of automotive tires in passenger cars are expected to exhibit the highest CAGR through 2022. In contrast, M&HCV segment is projected to register the lowest CAGR in the global automotive tire market.

Aftermarket will remain the largest sales channel for automotive tires, expanding at 5.3% CAGR through 2022. Revenues from sales of automotive tires through OEM are anticipated to surpass US$ 10,000 Mn by 2022-end. Asia Pacific Excluding Japan (APEJ) accounts for the largest share of automotive tire sales through OEM.

APEJ is estimated to continue its dominance in the global automotive tire market, in terms of revenues. The automotive tire market in APEJ is estimated to create a robust incremental opportunity between 2017 and 2022.

Although sales of automotive tires in North America will register a comparatively higher CAGR than Europe, Europe will account for a higher revenue share by 2022-end. In contrast, Middle East & Africa (MEA) will account for the lowest revenue share in the global automotive tire market.

Key market players identified in Fact.MR’s report include Bridgestone Corporation, Continental AG, Michelin North America, Inc., The Goodyear Tire & Rubber Company, Sumitomo Rubber Industries, Ltd., The Yokohama Rubber Co., Ltd., Pirelli & C. S.p.A., Madras Rubber Factory Limited, Apollo Tires Ltd., and Cheng Shin Rubber Ind. Co.

Check Discount- https://www.factmr.com/connectus/sample?flag=D&rep_id=12

About Fact.MR
Fact.MR is a fast-growing market research firm that offers the most comprehensive suite of syndicated and customized market research reports. We believe transformative intelligence can educate and inspire businesses to make smarter decisions. We know the limitations of the one-size-fits-all approach; that's why we publish multi-industry global, regional, and country-specific research reports.

Contact Us
Fact.MR
Suite 9884
27 Upper Pembroke Street,
Dublin 2, Ireland
Telephone: +353-1-6111-593
Email: sales@factmr.com/
Web: https://www.factmr.com/

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 Automotive Tire Market Forecast, Trend Analysis & Competition Tracking: Global Review 2017 to 2022 here

News-ID: 842833 • Views:

More Releases from Fact.MR

Eye Care Services Market Outlook 2025-2035: Key Developments and Future Scope
12-05-2025 | Health & Medicine
Fact.MR
Eye Care Services Market Outlook 2025-2035: Key Developments and Future Scope
The global eye care services market is poised for steady expansion through 2035 as demographic shifts, rising prevalence of refractive and retinal disorders, technological advances, and broader access to care combine to increase demand for comprehensive vision services. From routine vision screening and optical dispensing to advanced diagnostics, cataract and refractive surgeries, and retinal interventions, the market is evolving into an integrated continuum of screening, diagnosis, treatment, and post-operative care.
Electric Boat Market Outlook 2025-2035: Innovation, Growth, and Demand Trends
Electric Boat Market Outlook 2025-2035: Innovation, Growth, and Demand Trends
The electric boat market is entering a period of accelerated growth as advances in battery and propulsion technology, rising fuel prices, tightening emissions regulations, and shifting consumer preferences for quieter, lower-maintenance vessels converge. From recreational leisure craft and ferries to workboats and short-route passenger vessels, electrification is reshaping marine propulsion - enabling operators to lower operating costs, reduce local pollution, and offer new, experience-driven services in tourism, urban water transport,
European Breathable Films Market Forecast 2025-2035: Trends and Growth Insights
European Breathable Films Market Forecast 2025-2035: Trends and Growth Insights
The breathable films market is set for steady growth over the 2025-2035 period as rising demand across hygiene, medical, packaging, and technical textile applications drives adoption of film technologies that combine moisture vapor transmission with liquid barrier performance. Innovations in polymer science, micro- and macro-porous structures, and multi-layer extrusion are enabling films that deliver both comfort and protection, expanding use in products such as diapers, surgical drapes, wound care dressings,
European Beer Market Outlook 2025-2035: Innovation, Growth, and Demand Trends
12-05-2025 | Food & Beverage
Fact.MR
European Beer Market Outlook 2025-2035: Innovation, Growth, and Demand Trends
The global beer market is positioned for steady, mature growth through 2035 as shifting consumer preferences, premiumization trends, evolving production technologies, and expanding on-trade and off-trade channels shape demand. While traditional mass-lager consumption remains substantial, growth is increasingly driven by craft, premium, and specialty variants, along with innovation in low- and no-alcohol formulations. Regional dynamics are evolving as Asia-Pacific and select emerging markets sustain volume growth, while North America and

All 5 Releases


More Releases for Tire

Tire Derived Fuel Market to See Booming Growth | Reliable Tire Disposal, Liberty …
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's
Airplane Tire Market to See Huge Growth by 2027 | Qingdao Sentury Tire, Goodyear …
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 in
Tire Recycling Market: How the Business Will Grow in 2025? Prominent Players: Mi …
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 of
Vacuum Tire Market Scenario Highlighting Major Drivers & Trends, 2019 – 2025 | …
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 and
Tire derived Fuel Market | Top Key Players: Ragn-Sells Group, Liberty Tire Whole …
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 “Tire derived Fuel Market – Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2018 – 2026” 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.
Global Tire derived Fuel Market Research Report 2018-2025 | Global Key -Liberty …
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 derived