openPR Logo
Press release

6 Key Points of Automotive Tire Market focusing on Production, Demand, Top Players and Future Scenario Forecast till 2022

03-28-2018 03:25 PM CET | Industry, Real Estate & Construction

Press release from: Fact.MR

Fact.MR

Fact.MR

The market for global automotive tire market has been undergoing a transitional phase over the recent past. The continual advancements in technologies and the swift increase in infrastructural development projects have influenced the demand for global automotive tire market substantially over the past few years. The swift rise in urbanization and the significant increase in the disposable income of people are likely to maintain the demanding pace of global automotive tire market in the near future. The augmenting interest of investors, government funding, and the rising trend of automation are also projected to reflect positively on this market in the years to come.

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

China Remains Lucrative in the Global Automotive Tire Market

The dominance of China in the global automotive tire market can hardly be overstated. The country sells more automobiles than the U.S. and Japan combined and is a force to be reckoned with in the industry. Almost all the global players have a major presence in the country and it is vital to their future prospects. Pilot runs of new cars and R&D of emergent technologies are all carried out keeping China’s requirements in mind and it will have a massive impact on the automotive tire market. China is anticipated to remain the most important automotive tire market for some time to come and global OEM’s are advised to work in close collaboration with their partners and suppliers in the country. Largely due to China, the global automotive tire market should grow to over US$ 340 billion in 2022 from a value of slightly below US$ 270 billion in 2017 – recording a CAGR of 5.1%.

Bias Trumps Radial Segment in the Automotive Tire Market

The radial segment could have a revenue share of 8.2% of the automotive tire market in 2017 and be worth a multi-billion valuation. However, the bias segment is three-times larger and is forecasted to be a market of high valuations in 2017. With a low CAGR, the bias segment is likely to remain moderately dominant by the end of the forecast period. APEJ contributes to approx. half the bias and radial segments of the automotive tire market in 2017 and it is almost certainly projected to retain its commanding position.

Two-wheelers and LCV to Drive the Automotive Tire Market

The LCV segment is estimated to be worth nearly US$90 billion by end 2022 while the two-wheeler market is poised to procure two third of this value by that year. Therefore, these segments of the automotive tire market are critical for key stakeholders to target and it would be safe to say that they are far more important than either the PC or M&HCV segment. Unsurprisingly, the fast-growing, populous APEJ region is the largest contributor to both these segments in the automotive tire market.

M&HCV and OTR Segments May Need Customized Approach

While two-wheelers and LCV are the bulk of the automotive tire market, the M&HCV can be overlooked entirely as it is assessed to grow with a sluggish CAGR. Even the OTR segment could represent a lucrative opportunity to provide customized products in the automotive tire market as it is assessed to grow to slightly over US$ 13 billion in 2022.

OEM Channel Much Larger than Aftermarket in Automotive Tire Market

The OEM channel is expected to create the largest incremental opportunity and it dwarfs the aftermarket channel that will only be one-fifth of the former’s size at the end of the five-year study of the automotive tire market. APEJ represents a potentially high market opportunity in the OEM channel in 2017 and manufacturers are recommended to make their investment plans accordingly. The sales for automotive tires across aftermarket channels are also expected to witness influence from customization needs of vehicle owners.

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

Table of Contents:

Chapter 1 .Global Tyre Market – Executive Summary .22

Chapter 2 .Global Tyre Market Overview .24
2.1 .Introduction .24
2.1.1 .Global Tyre Market Taxonomy .24
2.1.2 .Global Tyre Market Definition .24
2.2 .Global Tyre Market Size (US$ Mn) and Forecast, 2012-2022 .24
2.2.1 .Global Tyre Market Y-o-Y Growth .24
2.3 .Global Automotive Tyre Market: Macroeconomic Factors .25
2.3.1 .Economic Outlook .25
2.3.2 .International Policy .25
2.3.3 .Profitability of Enterprises .26
2.3.4 .Increasing Purchasing Power of Middle Class .26
2.3.5 .Complex Eco System .26
2.3.6 .Supply chain Issues .26
2.3.7 .End-user Sentiment .26
2.4 .Global Automotive Tyre Market Impact Factors .27
2.4.1 .Autonomous Vehicles .27
2.4.2 .The Influence of China .27
2.4.3 .Innovations in Technology .27
2.4.4 .Dilemma on Shift to New Technologies .28
2.4.5 .Disruption in Traditional Business Models .28
2.4.6 .Rising Component Costs in Developing Countries .28
2.4.7 .Shrinking Product Development Time .28
2.4.8 .Fluctuating Input costs .29
2.4.9 .Adoption of New Mobility Solutions .29
2.4.10 .Focus on Granular Insights – City-wise Analysis will Replace Region-wise Analysis .29
2.4.11 .Rising Complexity Influencing Greater Emphasis on Platformimg .29
2.4.12 .Increasing R&D expenditure .30
2.4.13 .Trends .30
2.4.13.1 .Focus on Granular Insights – City-wise Analysis will Replace Region-wise Analysis .30
2.4.13.2 .Rising Complexity Influencing Greater Emphasis on Platformimg .30
2.5 .Supply Chain .31
2.6 .Cost Structure .31
2.7 .Pricing Analysis .31
2.8 .Raw Material Sourcing Strategy and Analysis .32
2.9 .List of Distributors .32
2.10 .Key Participants Market Presence (Intensity Map) By Region .32
2.11 .Competitive Assessment and Technology Trends in Future .33

Chapter 3 .Global Tyre Market Analysis and Forecast By Product Type .34
3.1 .Global Tyre Market Size and Forecast By Product Type, 2012-2022 .34
3.1.1 .Radial Tyre Market Size and Forecast, 2012-2022 .34
3.1.1.1 .Revenue (US$ Mn) Comparison, By Region .34
3.1.1.2 .Market Share Comparison, By Region .35
3.1.1.3 .Y-o-Y growth Comparison, By Region .36
3.1.2 .Bias Tyre Market Size and Forecast, 2012-2022 .37
3.1.2.1 .Revenue (US$ Mn) Comparison, By Region .37
3.1.2.2 .Market Share Comparison, By Region .38
3.1.2.3 .Y-o-Y growth Comparison, By Region .39

Continued…..

Check Discount on this Report – 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 6 Key Points of Automotive Tire Market focusing on Production, Demand, Top Players and Future Scenario Forecast till 2022 here

News-ID: 996537 • Views:

More Releases from Fact.MR

Bioinformatics Market is Growing at a CAGR of 13.4% by 2034 | Fact.MR Report
Bioinformatics Market is Growing at a CAGR of 13.4% by 2034 | Fact.MR Report
The latest report on the Bioinformatics Market, projecting robust growth driven by the increasing demand for genomic research, advancements in artificial intelligence (AI), and the rising adoption of precision medicine. Valued at USD 14.29 billion in 2024, the global market is forecast to expand at a compound annual growth rate (CAGR) of 13.4%, reaching USD 50.25 billion by 2034. This significant growth underscores the critical role of bioinformatics in decoding
Residential Robotic Vacuum Cleaner Market to Reach USD 11.6 Billion by 2033 | Key Players: iRobot Corporation, Neato Robotics, Inc., Yujin Robot, Co., Ltd., and Dyson Inc
Residential Robotic Vacuum Cleaner Market to Reach USD 11.6 Billion by 2033 | Ke …
Fact.MR today released its latest report on the Residential Robotic Vacuum Cleaner Market, projecting robust growth driven by increasing demand for automation, busy lifestyles, and advancements in smart home technologies. Valued at USD 3.0 billion in 2023, the global market is forecast to expand at a compound annual growth rate (CAGR) of 14.4%, reaching USD 11.6 billion by 2033. This significant growth highlights the rising adoption of robotic vacuum cleaners
Brain-Computer Interface Market is Estimated to Reach USD 6.5 Billion by 2033
08-29-2025 | Health & Medicine
Fact.MR
Brain-Computer Interface Market is Estimated to Reach USD 6.5 Billion by 2033
The global brain-computer interface (BCI) market was valued at USD 1.6 billion in 2022 and is projected to reach USD 6.5 billion by 2033, growing at a compound annual growth rate (CAGR) of 13.6% from 2023 to 2033. This expansion reflects the increasing adoption of BCI technologies in medical applications, driven by advancements in neuroscience, AI, and sensor technologies. BCIs enable direct communication between the brain and external devices, offering
Orally Disintegrating Tablet Market is Projected to Reach USD 72.68 Billion by 2034 | Key Players: Johnson & Johnson Services Inc; Teva Pharmaceutical Industries Ltd.; Sun Pharmaceutical Industries Ltd.; Takeda Pharmaceutical Company Limited
08-29-2025 | Health & Medicine
Fact.MR
Orally Disintegrating Tablet Market is Projected to Reach USD 72.68 Billion by 2 …
The global orally disintegrating tablet (ODT) market is valued at USD 24.45 billion in 2024 and is forecasted to expand at a compound annual growth rate (CAGR) of 11.5%, reaching USD 72.68 billion by 2034. This robust growth is driven by the increasing demand for patient-friendly dosage forms, particularly among the elderly, pediatric, and dysphagic populations, who benefit from ODTs' ease of administration without water and rapid dissolution. ODTs enhance

All 5 Releases


More Releases for Tyre

Pakistan Rubber Tyre Market : Pneumatic Rubber Tyre, Retreaded Rubber Tyre, Cush …
According to a recent report published by Allied Market Research, titled, "Pakistan rubber tyre Market by Tyre, Component, Design, and Vehicle Type: Opportunity Analysis and Industry Forecast, 2018 - 2025," Pakistan rubber tyre market size was valued at $272.10 million in 2017, and is projected to reach $1,592.90 million by 2025, registering a CAGR of 24.8% from 2018 to 2025. The radial type design segment was the highest contributor to
Pakistan Rubber Tyre Market : Pneumatic Rubber Tyre, Retreaded Rubber Tyre, Cush …
The global Pakistan rubber tyre market size was valued at $272.10 million in 2017, and is projected to reach $1,592.90 million by 2025, registering a CAGR of 24.8% from 2018 to 2025. The radial type by design segment was the highest revenue contributor in 2017, accounting for $207.7 million, and is estimated to reach $1,196.4 million by 2025, registering a CAGR of 24.6% during the forecast period. Download Sample Report at
Pakistan Rubber Tyre Market : Pneumatic Rubber Tyre, Retreaded Rubber Tyre, Cush …
According to a recent report published by Allied Market Research, titled, "Pakistan rubber tyre Market by Tyre, Component, Design, and Vehicle Type: Opportunity Analysis and Industry Forecast, 2018 - 2025," Pakistan rubber tyre market size was valued at $272.10 million in 2017, and is projected to reach $1,592.90 million by 2025, registering a CAGR of 24.8% from 2018 to 2025. The radial type design segment was the highest contributor to
Off-road Tyre Market See Huge Growth for New Normal | AEOLUS TYRE, TOYO Tyre, Co …
The latest report on the "Off-road Tyre Market" study has evaluated the future growth potential and provides information and useful stats on market structure and size. The research provides a comprehensive analysis of development trends, revenue growth, and market share for the forecast period of 2022 to 2028. It highlights an overview of the market dynamics of the Off-road Tyre market, which includes drivers, restraints, and opportunities that are influencing
Rubber Tyre and Tube Market 2020: Key Players – General Tyre and Rubber, Servi …
Rubber Tyre and Tube Industry Description Wiseguyreports.Com Adds “Rubber Tyre and Tube -Market Demand, Growth, Opportunities and Analysis Of Top Key Player Forecast To 2025” To Its Research Database Rubber Tyre and Tube market is segmented by Type, and by Application. Players, stakeholders, and other participants in the global Rubber Tyre and Tube market will be able to gain the upper hand as they use the report as a powerful resource. The segmental
Pakistan Rubber Tyre and Tube Market Players to See Huge Investments Opportuniti …
Key Findings of the Pakistan Rubber Tyre and Tube Market: o In 2017, based on channel, aftermarket generated the highest revenue. o In 2017, by vehicle type, the commercial vehicles type was the highest revenue contributor. o In 2017, by design, the radial segment was the highest revenue contributor. Download Report Sample (177 Pages PDF with Insights): https://www.alliedmarketresearch.com/request-sample/6242 The key players analyzed in this pakistan rubber tyre and tube market report include General Tyre and Rubber Co. Ltd.,