Automotive & transportation

Global Automotive Tire Market (2020-2027)- Featuring Nokian Tyres Plc, Hankook Tire & Technology Co., Yokohama Rubber Co., Goodyear Tire & Rubber Company, MICHELIN, Continental Corporation, Bridgestone Corporation

The Global Automotive Tire Market is estimated to grow at a CAGR of 4.1% during the forecast period 2020-2027. As per the detailed market study, the automotive tire industry is anticipated to record $154.40 Billion by the end of the year 2027.

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Nokian Tyres plc, Hankook Tire & Technology Co., Ltd., The Yokohama Rubber Co., Ltd., Sumitomo Rubber Industries Ltd., Toyo Tire Corporation, The Goodyear Tire & Rubber Company, Pirelli Tyre C. S.p.A. (China National Chemical Corporation), MICHELIN, Continental Corporation and Bridgestone Corporation among others are some major key players included in the research study of the global automotive tire market. The automotive tires industry is characterized by new launches and product exhibitions to expand their customer base with rising investment in research & development operations.

The automotive tires consist of beads, jointless cap piles, tread and other materials such as fabric, carbon black and synthetic rubber. Increase in number of vehicle production boost the demand of automotive tires. The automotive tire industry growth is driven by increase in sales of automotive vehicles, increasing operating life of automobiles, enhancement of manufacturing processes and rise in competition among tire manufacturers. However, price volatility of raw materials and growth of recycled tires industry is hampering the market growth. On contrary, technological advancement and increasing concerns related to safety concerns are expected to create lucrative opportunities for the market participants in the future period.

Segmentation Overview of the Global Automotive Tire Market

In market research study, the global automotive tire market is segmented on the basis of season type, vehicle type, rim size and distribution channel. These market segments are further categorized into various sub-segments to study the market in detail.

The Season Type Segment of the Global Automotive Tire Market is Sub-Segmented into:

  • Winter
  • Summer
  • All Seasons

The Vehicle Type Segment of the Global Automotive Tire Market is Sub-Segmented into:

  • Passenger Car
  • Commercial Vehicle
    • Heavy Commercial
    • Light Commercial
  • Electric Vehicle

The Rim Size Segment of the Global Automotive Tire Market is Sub-Segmented into:

  • Less than 15
  • 15 to 20
  • More than 20

The Distribution Channel Segment of the Global Automotive Tire Market is Sub-Segmented into:

  • OEM
  • Aftermarket

Geographical Overview of the Global Automotive Tire Market

As per the regional studies, the Asia Pacific automotive tire market dominated the global marketplace. The regional dominance is attributed to increasing domestic demand for automotive, cheap labour and huge population base. Moreover, India is the fastest growing nation considering passenger cars and LCV cars segment due to increasing demand from the rural sector.

The Europe automotive tire market is estimated to grow at substantial growth rate during the forecast period. The regional growth is attributed to strong demand of new car sales in the European Union market.

Competitive Insights of the Global Automotive Tire Market

Companies operating in the automotive tire industry are highly focusing on developing sustainable tires with low-prices and scrupulous performance standards. For instance, Lehigh Technologies offer Micronized Rubber Powder (MRP) which is high-performing feedstock for manufacturing, customizable, sustainable and low-cost.

Key Topics Covered

CHAPTER 1:INTRODUCTION

1.1.Report description
1.2.Key benefits for stakeholders
1.3.Key market segments
1.4.Research methodology

1.4.1.Primary research
1.4.2.Secondary research
1.4.3.Analyst tools and models

CHAPTER 2:EXECUTIVE SUMMARY

2.1.CXO perspective

CHAPTER 3:MARKET OVERVIEW

3.1.Market definition and scope
3.2.Key findings

3.2.1.Top impacting factors
3.2.2.Top investment pockets
3.2.3.Top winning strategies

3.3.Porter’s five forces analysis
3.4.Market share analysis
3.5.Market dynamics

3.5.1.Drivers

3.5.1.1.Increase in Automotive Production & Sales Across Different Vehicles Segment
3.5.1.2.Rise in Competition Among Tire Manufacturers.
3.5.1.3.Introduction of advanced technology in the manufacturing process.

3.5.2.Restraints

3.5.2.1.Volatile Prices Of Raw Materials.
3.5.2.2.Growing Market Of Retreading Tires.

3.5.3.Opportunities

3.5.3.1.Advancement in Technology
3.5.3.2.Fuel Efficiency and Safety Concerns.

CHAPTER 4:AUTOMOTIVE TIRE MARKET, BY SEASON TYPE

4.1.Overview
4.2.Summer

4.2.1.Key market trends, growth factors and opportunities
4.2.2.Market size and forecast, by region
4.2.3.Market analysis by country

4.3.Winter

4.3.1.Key market trends, growth factors, and opportunities
4.3.2.Market size and forecast, by region
4.3.3.Market analysis by country

4.4.All Season

4.4.1.Key market trends, growth factors, and opportunities
4.4.2.Market size and forecast, by region
4.4.3.Market analysis by country

CHAPTER 5:AUTOMOTIVE TIRE MARKET, BY RIM SIZE

5.1.Overview
5.2.Less than 15 inches

5.2.1.Key market trends, growth factors and opportunities
5.2.2.Market size and forecast, by region
5.2.3.Market analysis by country

5.3.15-20 inches

5.3.1.Key market trends, growth factors and opportunities
5.3.2.Market size and forecast, by region
5.3.3.Market analysis by country

5.4.More Than 20

5.4.1.Key market trends, growth factors, and opportunities
5.4.2.Market size and forecast, by region
5.4.3.Market analysis by country

CHAPTER 6:AUTOMOTIVE TIRE MARKET, BY VEHICLE TYPE

6.1.Overview
6.2.Passenger vehicle

6.2.1.Key market trends, growth factors and opportunities
6.2.2.Market size and forecast, by region
6.2.3.Market analysis by country

6.3.Commercial vehicle

6.3.1.Key market trends, growth factors, and opportunities
6.3.2.Market size and forecast, by region
6.3.3.Light Commercial Vehicles
6.3.4.Heavy Commercial Vehicles
6.3.5. Market analysis by country

6.4.Electric vehicle

6.4.1.Keymarket trends, growth factors, and opportunities
6.4.2.Market size and forecast, by region
6.4.3.Markt analysis by country

CHAPTER 7:AUTOMOTIVE TIRE MARKET, BY DISTRIBUTION CHANNEL

7.1.Overview
7.2.OEM

7.2.1.Key market trends, growth factors and opportunities
7.2.2.Market size and forecast, by region
7.2.3.Market analysis by country

7.3.AFTERMARKET

7.3.1.Key market trends, growth factors, and opportunities
7.3.2.Market size and forecast, by region
7.3.3.Market analysis by country

CHAPTER 8:AUTOMOTIVE TIRE MARKET, BY REGION

8.1.Overview
8.2.North America

8.2.1.Key market trends, growth factors, and opportunities
8.2.2.Market size and forecast, by season type
8.2.3.Market size and forecast, by rim size
8.2.4.Market size and forecast, by Vehicle Type
8.2.5.Market size and forecast, by distribution channel
8.2.6.Market analysis by country

8.2.6.1.U.S.

8.2.6.1.1.Market size and forecast, by season type
8.2.6.1.2.Market size and forecast, by rim size
8.2.6.1.3.Market size and forecast, by Vehicle Type
8.2.6.1.4.Market size and forecast, by distribution channel

8.2.6.2.Canada

8.2.6.2.1.Market size and forecast, by season type
8.2.6.2.2.Market size and forecast, by rim size
8.2.6.2.3.Market size and forecast, by Vehicle Type
8.2.6.2.4.Market size and forecast, by distribution channel

8.2.6.3.Mexico

8.2.6.3.1.Market size and forecast, by season type
8.2.6.3.2.Market size and forecast, by rim size
8.2.6.3.3.Market size and forecast, by Vehicle Type
8.2.6.3.4.Market size and forecast, by distribution channel

8.3.Europe

8.3.1.Key market trends, growth factors, and opportunities
8.3.2.Market size and forecast, by season type
8.3.3.Market size and forecast, by rim size
8.3.4.Market size and forecast, by Vehicle Type
8.3.5.Market size and forecast, by distribution channel
8.3.6.Market analysis by country

8.3.6.1.U.K.

8.3.6.1.1.Market size and forecast, by season type
8.3.6.1.2.Market size and forecast, by rim size
8.3.6.1.3.Market size and forecast, by Vehicle Type
8.3.6.1.4.Market size and forecast, by distribution channel

8.3.6.2.Germany

8.3.6.2.1.Market size and forecast, by season type
8.3.6.2.2.Market size and forecast, by rim size
8.3.6.2.3.Market size and forecast, by Vehicle Type
8.3.6.2.4.Market size and forecast, by distribution channel

8.3.6.3.France

8.3.6.3.1.Market size and forecast, by season type
8.3.6.3.2.Market size and forecast, by rim size
8.3.6.3.3.Market size and forecast, by Vehicle Type
8.3.6.3.4.Market size and forecast, by distribution channel

8.3.6.4.Russia

8.3.6.4.1.Market size and forecast, by season type
8.3.6.4.2.Market size and forecast, by rim size
8.3.6.4.3.Market size and forecast, by Vehicle Type
8.3.6.4.4.Market size and forecast, by distribution channel

8.3.6.5.Rest of Europe

8.3.6.5.1.Market size and forecast, by season type
8.3.6.5.2.Market size and forecast, by rim size
8.3.6.5.3.Market size and forecast, by Vehicle Type
8.3.6.5.4.Market size and forecast, by distribution channel

8.4.Asia-Pacific

8.4.1.Key market trends, growth factors, and opportunities
8.4.2.Market size and forecast, by season type
8.4.3.Market size and forecast, by rim size
8.4.4.Market size and forecast, by Vehicle Type
8.4.5.Market size and forecast, by distribution channel
8.4.6.Market analysis by country

8.4.6.1.China

8.4.6.1.1.Market size and forecast, by season type
8.4.6.1.2.Market size and forecast, by rim size
8.4.6.1.3.Market size and forecast, by Vehicle Type
8.4.6.1.4.Market size and forecast, by distribution channel

8.4.6.2.Japan8.4.6.2.1.Market size and forecast, by season type

8.4.6.2.2.Market size and forecast, by rim size
8.4.6.2.3.Market size and forecast, by Vehicle Type
8.4.6.2.4.Market size and forecast, by distribution channel

8.4.6.3.India

8.4.6.3.1.Market size and forecast, by season type
8.4.6.3.2.Market size and forecast, by rim size
8.4.6.3.3.Market size and forecast, by Vehicle Type
8.4.6.3.4.Market size and forecast, by distribution channel

8.4.6.4.Australia

8.4.6.4.1.Market size and forecast, by season type
8.4.6.4.2.Market size and forecast, by rim size
8.4.6.4.3.Market size and forecast, by Vehicle Type
8.4.6.4.4.Market size and forecast, by distribution channel

8.4.6.5.Rest of Asia-Pacific

8.4.6.5.1.Market size and forecast, by season type
8.4.6.5.2.Market size and forecast, by rim size
8.4.6.5.3.Market size and forecast, by Vehicle Type
8.4.6.5.4.Market size and forecast, by distribution channel

8.5.LAMEA

8.5.1.Key market trends, growth factors, and opportunities
8.5.2.Market size and forecast, by season type
8.5.3.Market size and forecast, by rim size
8.5.4.Market size and forecast, by Vehicle Type
8.5.5.Market size and forecast, by distribution channel
8.5.6.Market analysis by country

8.5.6.1.Latin America

8.5.6.1.1.Market size and forecast, by season type
8.5.6.1.2.Market size and forecast, by rim size
8.5.6.1.3.Market size and forecast, by Vehicle Type
8.5.6.1.4.Market size and forecast, by distribution channel

8.5.6.2.Middle East

8.5.6.2.1.Market size and forecast, by season type
8.5.6.2.2.Market size and forecast, by rim size
8.5.6.2.3.Market size and forecast, by Vehicle Type
8.5.6.2.4.Market size and forecast, by distribution channel

8.5.6.3.Africa

8.5.6.3.1.Market size and forecast, by season type
8.5.6.3.2.Market size and forecast, by rim size
8.5.6.3.3.Market size and forecast, by Vehicle Type
8.5.6.3.4.Market size and forecast, by distribution channel

CHAPTER 9:COMPANY PROFILES

9.1.BRIDGESTONE GROUP

9.1.1.Company overview
9.1.2.Company snapshot
9.1.3.Operating business segments
9.1.4.Product portfolio
9.1.5.Business performance
9.1.6.Key strategic moves and developments

9.2.CONTINENTAL AG

9.2.1.Company overview
9.2.2.Company snapshot
9.2.3.Operating business segments
9.2.4.Product portfolio
9.2.5.Business performance
9.2.6.Key strategic moves and developments

9.3.THE GOODYEAR TIRE & RUBBER COMPANY

9.3.1.Company overview
9.3.2.Company snapshot
9.3.3.Operating business segments
9.3.4.Product portfolio
9.3.5.Business performance
9.3.6.Key strategic moves and developments

9.4.HANKOOK TIRE & TECHNOLOGY CO., LTD.

9.4.1.Company overview
9.4.2.Company snapshot
9.4.3.Business performance
9.4.4.Key strategic moves and developments

9.5.MICHELIN

9.5.1.Company overview
9.5.2.Company snapshot
9.5.3.Operating business segments
9.5.4.Product portfolio
9.5.5.Business performance
9.5.6.Key strategic moves and developments

9.6.NOKIAN TIRES PLC.

9.6.1.Company overview
9.6.2.Company snapshot
9.6.3.Operating business segments
9.6.4.Business performance
9.6.5.Key strategic moves and developments

9.7.PIRELLI TIRE S.P.A.9.7.1.Company overview

9.7.2.Company snapshot
9.7.3.Product portfolio
9.7.4.Business performance
9.7.5.Key strategic moves and developments

9.8.SUMITOMO RUBBER INDUSTRIES LTD.

9.8.1.Company overview
9.8.2.Company snapshot
9.8.3.Operating business segments
9.8.4.Product portfolio
9.8.5.Business performance
9.8.6.Key strategic moves and developments

9.9.THE YOKOHAMA RUBBER CO., LTD.

9.9.1.Company overview
9.9.2.Company snapshot
9.9.3.Operating business segments
9.9.4.Product portfolio
9.9.5.Business performanceSource: Corporate Publications and AMR Analysis
9.9.6.Key strategic moves and developments

9.10.TOYO TIRE CORPORATION

9.10.1.Company overview
9.10.2.Company snapshot
9.10.3.Operating business segments
9.10.4.Business performance

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