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Automotive Tire Market by Season Type (Summer, Winter, and All Season), Vehicle Type (Passenger Car, Commercial Vehicle, and Electric Vehicle), Rim Size (Less than 15 Inch, 15 to 20 Inch, and More than 20 Inch), and Distribution Channel (OEM and Aftermarket): Global Opportunity Analysis and Industry Forecast, 2020–2027

A00777
Pages: 372
Jun 2020 | 17549 Views
 
Author(s) : Pranav Padalkar, Sonia Mutreja
Tables: 123
Charts: 126
 

COVID-19

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Automotive Tire Market Statistics - 2027

The global automotive tire market was valued at $112.16 billion in 2019, and is projected to reach $154.40 billion by 2027, registering a CAGR of 4.1% from 2020 to 2027. By vehicle type, the passenger car segment was the highest revenue contributor in 2019, accounting for $80.33 billion, and is estimated to reach $110.47 billion by 2027, registering a CAGR of 4.1% during the forecast period. In 2019, Asia-Pacific was anticipated to account for major market share. 

Automotive tire is the circular vehicle component made of rubber used to cover the wheel’s rim externally. The major function of the tire is to protect the wheel rim and offer tractive force between the road surface and the vehicle. Since it is manufactured from rubber, it also provides a flexible cushion, thereby reducing the impact of the vibrations and absorbs the shock of the vehicle. Rubber tire consists of tread, jointless cap piles, beads, and other materials, which include synthetic rubber, carbon black, and fabric. There is an increase in the demand for tires exponentially due to the rise in the demand for vehicle production to cater to the surge in requirement of vehicles across all segments. Thus, the tire demand is ultimately governed by automobile production. The automotive tire market trends are decided on the basis of forecast from 2020 to 2027.

Automotive-Tire-Market-2020-2027

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The global automotive tire market is driven by increase in automotive production & sales across different vehicles segment and rise in competition among tire manufacturers. In addition, introduction of advanced technology in the manufacturing process is anticipated to propel the growth of the automotive tire market. However, factors such as volatile prices of raw materials and developments in the market of retreading tires are expected to hamper the growth of the market. Further, advancement in technology and fuel efficiency and safety concerns coupled with the government support is expected to create numerous opportunities for the growth and expansion of the market.

Automotive Tire Market
By Season tyre type

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Winter season tyre type segment is projected as the most lucrative segments

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The automotive tire market is segmented into season type, vehicle type, rim size, distribution channel, and region. By season type, it is divided into summer, winter and all season tires. By vehicle type, it is divided into passenger car, commercial vehicle, and electric vehicle. The commercial vehicles segment is further divided into light & heavy commercial vehicles. By rim size, the market is categorized into less than 15 inch, 15 to 20 inch, and more than 20 inch. By distribution channel, it is bifurcated into OEM and aftermarket. By region, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA.

Automotive Tire Market
By Rim Size

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Less than 15 inch rim size segment is projected as the most lucrative segments

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Comprehensive competitive analysis and profiles of major automotive tire market players such as Bridgestone Corporation, Continental corporation, MICHELIN, Pirelli Tyre C. S.p.A. (China National Chemical Corporation), The Goodyear Tire & Rubber Company, Toyo Tire Corporation, Sumitomo Rubber Industries Ltd, The Yokohama Rubber Co., Ltd, Hankook Tire & Technology Co., Ltd., and Nokian Tyres plc are also provided in this report.

Automotive Tire Market
By Vehicle Type

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Electric Vehicle type segment is projected as the most lucrative segments

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Increase in Automotive Production & Sales across Different Vehicles Segment

Recently, the automobile industry has been experiencing rapid growth owing to speedy industrialization, which has led to an increase in the sale of commercial vehicles such as trucks, tractors, and trailers. In addition, rise in disposable income of people and improvements in standard of living are the factors that increase the sale of luxurious passenger cars and premium segment bikes. Furthermore, electric vehicle sales are expected to increase during the forecast period. Also, decrease in prices of electric vehicle parts such as battery, transmission, and alternators propel the sale of electric vehicles. Thus, increase in the demand for vehicles across all segments among consumers leads to a rise in the production of automobiles and tires associated with it. Moreover, the global consolidation of the automotive sector that results in mergers and acquisitions among international and domestic vehicles manufacturers boost the growth of the automotive sector influencing the automotive tire market. . Therefore, growth of the automobile sector is expected to increase the overall demand for tires.    

Automotive Tire Market
By Distribution channel

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Aftermarket by distribution channel segment is projected as the most lucrative segments

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Rise in Competition among Tire Manufacturers 

Leading automotive manufacturers continue to invest in the developing countries due to low costs of labor, which further decrease the production costs, which will help meet the increase in demand for vehicles. The tire industry has witnessed phenomenal growth in the last decade, also, the automotive sector is experiencing exponential growth due to a rise in the demand for automobiles and use of collaborative & consolidation manufacturing in tire business. This in turn boosts the growth of the automotive tires business. For instance, The Hankook Tire has launched “Dynapro AT2” for on & off-road SUVs. These tires have post optimal performance in all road conditions as it is characterized by quietness and a comfortable ride on-road and a powerful drive on the off-road. Moreover, the leading tire manufacturing company-Bridgestone Corporation also launched BATTLECROSS E50 motorcycle tyres for enduro competitions. These tires are launched in one front tire size and two rear tire sizes in the U.S. and Canada. Thus, such tire manufacturing companies’ new strategies for the expansion of their business across the globe are witnessing strong competition to capture a larger automotive tire market share. In addition, the global tire manufacturers are showing interest in Pakistan by taking an active step with different strategies. For instance, South Korea’s second largest tire manufacturer Kumho Tyre has sealed a deal with a Pakistani company, Century Engineering Industries to transfer its tire making technology for the next 10 years due to rise in intense competition in the rubber tire market. Also, this factor is responsible for swift changes in the tire market that makes it more dynamic. Therefore, there is a rise in competition among tire manufacturers, which fosters the growth of the automotive tire market.

Automotive Tire Market
By region

2027
Asia-pacific 
North America
Europe
Lamea

Asia-Pacific by region segment is projected as the most lucrative segments

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Volatile Prices of Raw Materials

Raw materials to manufacture tires include petroleum reinforcing materials such as nylon and polyester. Also, rubber (natural and synthetic) is the basic element required to manufacture tires, which witnesses high fluctuations in cost. The materials used to manufacture rubber tires are tread, jointless cap plies, steel-cord for belt plies, textile cord ply, Bead reinforcement, apex, and core. Also, it consists of synthetic rubber, natural rubber, steel wire, and carbon black along with the petrochemical reinforcing materials such as polyester, fabric, nylon, steel, and rayon. The pricing of these raw materials plays a vital role in deciding the overall price of the tire. Prices of these metals fluctuate occasionally due to global economic ups and downs in the market, as these are traded on a community exchange basis. Inflation and increase in the demand for these raw materials fuel their prices in the recent past. In addition, players that operate in the automotive tire market require a large amount of raw materials to overcome the demand for tire from the automotive industry. Uncertainty in the pricing of these raw materials prove to be a major restraint for the growth of the rubber tire market globally.

Advancement in Technology  

Due to the rapid enhancement of technology, most of the manufacturing companies are adopting automation to increase the productivity and profitability. As a result of technological advancements in the global tire industry, introduction of rimless tires, green tires, and the use of light weight elastomers and metals such as carbon fiber and alloy or composites such as nickel aluminum bronze and manganese bronze to manufacture tires is expected to propel the growth of the global automotive tire market. In addition, leading tire OEMs are using nanotechnology and other technology or software to manufacture different type of tires. For instance, Bridgestone Tires, one of the leading tire and rubber company, utilizes Contact Area Information Sensing (CAIS) that senses the road conditions by collecting and analyzing the tire contact area. All these factors are expected to unfold various opportunities for the growth of the market.

Fuel Efficiency and Safety Concerns.

To increase safety concerns, governments are coming up with stringent tire performance regulations including fuel saving and wet grip-related braking distance reduction. Thus, creating ample growth opportunities for the tire manufacturing companies to launch tires that can address the government regulations. Therefore, with increase in technological advancements, vendors are coming up with high efficient tires that increase the overall fuel efficiency of vehicles. Kumho Tire Co., Inc. launched pneumatic tires “Ecsta PA31” that can offer high performance in the vehicles such as sport sedans and coupes. In addition, in past years, driving ATVs and UTVs on roads was not allowed for safety purposes but new bills and ordinances are now being passed across the globe to support the driving of these vehicles on roads. For instance, Sauk County Board in the U.S. has repealed the ATV and UTV vehicle ordinance that was adopted in 2013, updating it with a new version. Thus, supporting government regulations for such vehicles is a factor anticipated to boost the growth of the automotive tire market in future.

Key Benefits For Stakeholders

  • This study presents analytical depiction of the automotive tire market analysis along with the current trends and future estimations to depict the imminent investment pockets.

  • The overall market potential is determined to understand the profitable trends to gain a stronger foothold.

  • The report presents information related to key drivers, restraints, and opportunities of the market with a detailed impact analysis.

  • The current automotive tire market size is quantitatively analyzed from 2019 to 2027 to benchmark the financial competency.

  • Porter’s five forces analysis illustrates the potency of the buyers and suppliers in the tire industry.

Key Market Segments

By Season Tire Type

  • Summer
  • Winter 
  • All Season

By Vehicle Type 

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

By Rim Size

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

By Distribution Channel

  • OEM
  • Aftermarket

By Region

  • North America
    • U.S.
    • Canada
    • Mexico
  • Europe
    • UK
    • Germany
    • Russia
    • France
    • Rest of Europe
  • Asia-Pacific
    • China
    • Japan
    • India
    • Australia
    • Rest of Asia-Pacific
  • LAMEA
    • Latin America
    • Middle East
    • Africa
 

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.Development in the market of retreading tires

3.5.3.Opportunities

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

3.6.Impact of COVID-19 on Automotive Tire Market
3.7.Automotive tire market  pricing analysis, by vehicle type and supply chain

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.Key player’s market share, by region
4.2.4.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.Key player’s market share, by region
4.3.4.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.Key player’s market share, by region
4.4.4.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.Key player’s market share, by region
5.2.4.Market analysis by country

5.3.15-20 inch

5.3.1.Key market trends, growth factors and opportunities
5.3.2.Market size and forecast, by region
5.3.3.Key player’s market share, by region
5.3.4.Market analysis by country

5.4.More than 20 inch

5.4.1.Key market trends, growth factors, and opportunities
5.4.2.Market size and forecast, by region
5.4.3.Key player’s market share, by region
5.4.4.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.Key player’s market share, by region
6.2.4.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.Key player’s market share, by region
6.3.6.Market analysis by country

6.4.Electric vehicle

6.4.1.Key market trends, growth factors, and opportunities
6.4.2.Market size and forecast, by region
6.4.3.Key player’s market share, by region
6.4.4.Market 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.Key player’s market share, by region
7.2.4.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.Key player’s market share, by region
7.3.4.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.UK

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.Japan

8.4.6.2.1.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
9.1.7.4 P’s
9.1.8.3 C’s
9.1.9.STP
9.1.10.SWOT

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
9.2.7.4 P’s
9.2.8.3 C’s
9.2.9.STP
9.2.10.SWOT

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
9.3.7.4 P’s
9.3.8.3 C’s
9.3.9.STP
9.3.10.SWOT

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
9.4.5.4 P’s
9.4.6.3 C’s
9.4.7.STP
9.4.8.SWOT

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
9.5.7.4 P’s
9.5.8.3 C’s
9.5.9.STP
9.5.10.SWOT

9.6.NOKIAN YRES 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
9.6.6.4 P’s
9.6.7.3 C’s
9.6.8.STP
9.6.9.SWOT

9.7.PIRELLI & C. 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
9.7.6.4 P’s
9.7.7.3 C’s
9.7.8.STP
9.7.9.SWOT

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
9.8.7.4 P’s
9.8.8.3 C’s
9.8.9.STP
9.8.10.SWOT

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 performance
9.9.6.Key strategic moves and developments
9.9.7.4 P’s
9.9.8.3 C’s
9.9.9.STP
9.9.10.SWOT

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
9.10.5.4 P’s
9.10.6.3 C’s
9.10.7.STP
9.10.8.SWOT

LIST OF TABLES

TABLE 01.GLOBAL AUTOMOTIVE TIRE MARKET, BY SEASON TYPE, 2019–2027 ($MILLION)
TABLE 02.SUMMER AUTOMOTIVE TIRE MARKET REVENUE, BY REGION 2019–2027 ($MILLION)
TABLE 03.WINTER AUTOMOTIVE TIRE MARKET REVENUE, BY REGION 2019–2027 ($MILLION)
TABLE 04.ALL SEASON AUTOMOTIVE TIRE MARKET REVENUE, BY REGION 2019–2027 ($MILLION)
TABLE 05.GLOBAL AUTOMOTIVE TIRE MARKET, BY RIM SIZE, 2019-2027($MILLION)
TABLE 06.LESS THAN 15 INCH AUTOMOTIVE TIRE MARKET REVENUE, BY REGION 2019-2027 ($MILLION)
TABLE 07.15-20 INCH AUTOMOTIVE TIRE MARKET REVENUE, BY REGION 2019-2027 ($MILLION)
TABLE 08.MORE THAN 20 INCH AUTOMOTIVE TIRE MARKET REVENUE, BY REGION 2019-2027 ($MILLION)
TABLE 09.GLOBAL AUTOMOTIVE TIRE MARKET, BY VEHICLE TYPE, 2019-2027($MILLION)
TABLE 10.AUTOMOTIVE TIRE MARKET REVENUE FOR PASSENGER CAR, BY REGION 2019-2027 ($MILLION)
TABLE 11.AUTOMOTIVE TIRE MARKET REVENUE FOR COMMERCIAL VEHICLE, BY REGION 2019-2027 ($MILLION)
TABLE 12.AUTOMOTIVE TIRE MARKET REVENUE FOR ELECTRIC VEHICLE, BY REGION 2019–2027 ($MILLION)
TABLE 13.GLOBAL AUTOMOTIVE TIRE MARKET, BY DISTRIBUTION CHANNEL, 2019–2027 ($MILLION)
TABLE 14.AUTOMOTIVE TIRE MARKET REVENUE FOR OEM, BY REGION 2019–2027 ($MILLION)
TABLE 15.AUTOMOTIVE TIRE AFTERMARKET REVENUE, BY REGION 2019–2027 ($MILLION)
TABLE 16.NORTH AMERICAN AUTOMOTIVE TIRE MARKET, BY SEASON TYPE, 2019–2027 ($MILLION)
TABLE 17.NORTH AMERICAN AUTOMOTIVE TIRE MARKET, BY RIM SIZE, 2019–2027 ($MILLION)
TABLE 18.NORTH AMERICAN AUTOMOTIVE TIRE MARKET, BY VEHICLE TYPE, 2019–2027 ($MILLION)
TABLE 19.NORTH AMERICA AUTOMOTIVE TIRE MARKET, BY DISTRIBUTION CHANNEL, 2019–2027 ($MILLION)
TABLE 20.U. S. AUTOMOTIVE TIRE MARKET, BY SEASON TYPE, 2019–2027 ($MILLION)
TABLE 21.U. S. AUTOMOTIVE TIRE MARKET, BY RIM SIZE, 2019–2027 ($MILLION)
TABLE 22.U. S. AUTOMOTIVE TIRE MARKET, BY VEHICLE TYPE, 2019–2027 ($MILLION)
TABLE 23.U.S. AUTOMOTIVE TIRE MARKET, BY DISTRIBUTION CHANNEL, 2019–2027 ($MILLION)
TABLE 24.CANADA AUTOMOTIVE TIRE MARKET, BY SEASON TYPE, 2019–2027 ($MILLION)
TABLE 25.CANADA AUTOMOTIVE TIRE MARKET, BY RIM SIZE, 2019–2027 ($MILLION)
TABLE 26.CANADA AUTOMOTIVE TIRE MARKET, BY VEHICLE TYPE, 2019–2027 ($MILLION)
TABLE 27.CANADA AUTOMOTIVE TIRE MARKET, BY DISTRIBUTION CHANNEL, 2019–2027 ($MILLION)
TABLE 28.MEXICO AUTOMOTIVE TIRE MARKET, BY SEASON TYPE, 2019–2027 ($MILLION)
TABLE 29.MEXICO AUTOMOTIVE TIRE MARKET, BY RIM SIZE, 2019–2027 ($MILLION)
TABLE 30.MEXICO AUTOMOTIVE TIRE MARKET, BY VEHICLE TYPE, 2019–2027 ($MILLION)
TABLE 31.MEXICO AUTOMOTIVE TIRE MARKET, BY DISTRIBUTION CHANNEL, 2019–2027 ($MILLION)
TABLE 32.EUROPEAN AUTOMOTIVE TIRE MARKET, BY SEASON TYPE, 2019–2027 ($MILLION)
TABLE 33.EUROPEAN AUTOMOTIVE TIRE MARKET, BY RIM SIZE, 2019–2027 ($MILLION)
TABLE 34.EUROPEAN AUTOMOTIVE TIRE MARKET, BY VEHICLE TYPE, 2019–2027 ($MILLION)
TABLE 35.EUROPEAN AUTOMOTIVE TIRE MARKET, BY DISTRIBUTION CHANNEL, 2019–2027 ($MILLION)
TABLE 36.UK AUTOMOTIVE TIRE MARKET, BY SEASON TYPE, 2019–2027 ($MILLION)
TABLE 37.UK AUTOMOTIVE TIRE MARKET, BY RIM SIZE, 2019–2027 ($MILLION)
TABLE 38.UK AUTOMOTIVE TIRE MARKET, BY VEHICLE TYPE, 2019–2027 ($MILLION)
TABLE 39.UK AUTOMOTIVE TIRE MARKET, BY DISTRIBUTION CHANNEL, 2019–2027 ($MILLION)
TABLE 40.GERMANY AUTOMOTIVE TIRE MARKET, BY SEASON TYPE, 2019–2027 ($MILLION)
TABLE 41.GERMANY AUTOMOTIVE TIRE MARKET, BY RIM SIZE, 2019–2027 ($MILLION)
TABLE 42.GERMANY AUTOMOTIVE TIRE MARKET, BY VEHICLE TYPE, 2019–2027 ($MILLION)
TABLE 43.GERMANY AUTOMOTIVE TIRE MARKET, BY DISTRIBUTION CHANNEL, 2019–2027 ($MILLION)
TABLE 44.FRANCE AUTOMOTIVE TIRE MARKET, BY SEASON TYPE, 2019–2027 ($MILLION)
TABLE 45.FRANCE AUTOMOTIVE TIRE MARKET, BY RIM SIZE, 2019–2027 ($MILLION)
TABLE 46.FRANCE AUTOMOTIVE TIRE MARKET, BY VEHICLE TYPE, 2019–2027 ($MILLION)
TABLE 47.FRANCE AUTOMOTIVE TIRE MARKET, BY DISTRIBUTION CHANNEL, 2019–2027 ($MILLION)
TABLE 48.RUSSIA AUTOMOTIVE TIRE MARKET, BY SEASON TYPE, 2019–2027 ($MILLION)
TABLE 49.RUSSIA AUTOMOTIVE TIRE MARKET, BY RIM SIZE, 2019–2027 ($MILLION)
TABLE 50.RUSSIA AUTOMOTIVE TIRE MARKET, BY VEHICLE TYPE, 2019–2027 ($MILLION)
TABLE 51.RUSSIA AUTOMOTIVE TIRE MARKET, BY DISTRIBUTION CHANNEL, 2019–2027 ($MILLION)
TABLE 52.REST OF EUROPE AUTOMOTIVE TIRE MARKET, BY SEASON TYPE, 2019–2027 ($MILLION)
TABLE 53.REST OF EUROPE AUTOMOTIVE TIRE MARKET, BY RIM SIZE, 2019–2027 ($MILLION)
TABLE 54.REST OF EUROPE AUTOMOTIVE TIRE MARKET, BY VEHICLE TYPE, 2019–2027 ($MILLION)
TABLE 55.REST OF EUROPE AUTOMOTIVE TIRE MARKET, BY DISTRIBUTION CHANNEL, 2019–2027 ($MILLION)
TABLE 56.ASIA-PACIFIC AUTOMOTIVE TIRE MARKET, BY SEASON TYPE, 2019–2027 ($MILLION)
TABLE 57.ASIA-PACIFIC AUTOMOTIVE TIRE MARKET, BY RIM SIZE, 2019–2027 ($MILLION)
TABLE 58.ASIA-PACIFIC AUTOMOTIVE TIRE MARKET, BY VEHICLE TYPE, 2019–2027 ($MILLION)
TABLE 59.ASIA-PACIFIC AUTOMOTIVE TIRE MARKET, BY DISTRIBUTION CHANNEL, 2019–2027 ($MILLION)
TABLE 60.CHINA AUTOMOTIVE TIRE MARKET, BY SEASON TYPE, 2019–2027 ($MILLION)
TABLE 61.CHINA AUTOMOTIVE TIRE MARKET, BY RIM SIZE, 2019–2027 ($MILLION)
TABLE 62.CHINA AUTOMOTIVE TIRE MARKET, BY VEHICLE TYPE, 2019–2027 ($MILLION)
TABLE 63.CHINA AUTOMOTIVE TIRE MARKET, BY DISTRIBUTION CHANNEL, 2019–2027 ($MILLION)
TABLE 64.JAPAN AUTOMOTIVE TIRE MARKET, BY SEASON TYPE, 2019–2027 ($MILLION)
TABLE 65.JAPAN AUTOMOTIVE TIRE MARKET, BY RIM SIZE, 2019–2027 ($MILLION)
TABLE 66.JAPAN AUTOMOTIVE TIRE MARKET, BY VEHICLE TYPE, 2019–2027 ($MILLION)
TABLE 67.JAPAN AUTOMOTIVE TIRE MARKET, BY DISTRIBUTION CHANNEL, 2019–2027 ($MILLION)
TABLE 68.INDIA AUTOMOTIVE TIRE MARKET, BY SEASON TYPE, 2019–2027 ($MILLION)
TABLE 69.INDIA AUTOMOTIVE TIRE MARKET, BY RIM SIZE, 2019–2027 ($MILLION)
TABLE 70.INDIA AUTOMOTIVE TIRE MARKET, BY VEHICLE TYPE, 2019–2027 ($MILLION)
TABLE 71.INDIA AUTOMOTIVE TIRE MARKET, BY DISTRIBUTION CHANNEL, 2019–2027 ($MILLION)
TABLE 72.AUSTRALIA AUTOMOTIVE TIRE MARKET, BY SEASON TYPE, 2019–2027 ($MILLION)
TABLE 73.AUSTRALIA AUTOMOTIVE TIRE MARKET, BY RIM SIZE, 2019–2027 ($MILLION)
TABLE 74.AUSTRALIA AUTOMOTIVE TIRE MARKET, BY VEHICLE TYPE, 2019–2027 ($MILLION)
TABLE 75.AUSTRALIA AUTOMOTIVE TIRE MARKET, BY DISTRIBUTION CHANNEL, 2019–2027 ($MILLION)
TABLE 76.REST OF ASIA-PACIFIC AUTOMOTIVE TIRE MARKET, BY SEASON TYPE, 2019–2027 ($MILLION)
TABLE 77.REST OF ASIA-PACIFIC AUTOMOTIVE TIRE MARKET, BY RIM SIZE, 2019–2027 ($MILLION)
TABLE 78.REST OF ASIA-PACIFIC AUTOMOTIVE TIRE MARKET, BY VEHICLE TYPE, 2019–2027 ($MILLION)
TABLE 79.REST OF ASIA-PACIFIC AUTOMOTIVE TIRE MARKET, BY DISTRIBUTION CHANNEL, 2019–2027 ($MILLION)
TABLE 80.LAMEA AUTOMOTIVE TIRE MARKET, BY SEASON TYPE, 2019–2027 ($MILLION)
TABLE 81.LAMEA AUTOMOTIVE TIRE MARKET, BY RIM SIZE, 2019–2027 ($MILLION)
TABLE 82.LAMEA AUTOMOTIVE TIRE MARKET, BY VEHICLE TYPE, 2019–2027 ($MILLION)
TABLE 83.LAMEA AUTOMOTIVE TIRE MARKET, BY DISTRIBUTION CHANNEL, 2019–2027 ($MILLION)
TABLE 84.LATIN AMERICA AUTOMOTIVE TIRE MARKET, BY SEASON TYPE, 2019–2027 ($MILLION)
TABLE 85.LATIN AMERICA AUTOMOTIVE TIRE MARKET, BY RIM SIZE, 2019–2027 ($MILLION)
TABLE 86.LATIN AMERICA AUTOMOTIVE TIRE MARKET, BY VEHICLE TYPE, 2019–2027 ($MILLION)
TABLE 87.LATIN AMERICA AUTOMOTIVE TIRE MARKET, BY DISTRIBUTION CHANNEL, 2019–2027 ($MILLION)
TABLE 88.MIDDLE EAST AUTOMOTIVE TIRE MARKET, BY SEASON TYPE, 2019–2027 ($MILLION)
TABLE 89.MIDDLE EAST AUTOMOTIVE TIRE MARKET, BY RIM SIZE, 2019–2027 ($MILLION)
TABLE 90.MIDDLE EAST AUTOMOTIVE TIRE MARKET, BY VEHICLE TYPE, 2019–2027 ($MILLION)
TABLE 91.MIDDLE EAST AUTOMOTIVE TIRE MARKET, BY DISTRIBUTION CHANNEL, 2019–2027 ($MILLION)
TABLE 92.AFRICA AUTOMOTIVE TIRE MARKET, BY SEASON TYPE, 2019–2027 ($MILLION)
TABLE 93.AFRICA AUTOMOTIVE TIRE MARKET, BY RIM SIZE, 2019–2027 ($MILLION)
TABLE 94.AFRICA AUTOMOTIVE TIRE MARKET, BY VEHICLE TYPE, 2019–2027 ($MILLION)
TABLE 95.AFRICA AUTOMOTIVE TIRE MARKET, BY DISTRIBUTION CHANNEL, 2019–2027 ($MILLION)
TABLE 96.BRIDGESTONE CORPORATION.: COMPANY SNAPSHOT
TABLE 97.BRIDGESTONE CORPORATION.: OPERATING SEGMENTS
TABLE 98.BRIDGESTONE CORPORATION: PRODUCT PORTFOLIO
TABLE 99.CONTINENTAL AG: COMPANY SNAPSHOT
TABLE 100.CONTINENTAL AG.: OPERATING SEGMENTS
TABLE 101.CONTINENTAL AG.: PRODUCT PORTFOLIO
TABLE 102.CONTINENTAL AG: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 103.THE GOODYEAR TIRE & RUBBER COMPANY: COMPANY SNAPSHOT
TABLE 104.THE GOODYEAR TIRE & RUBBER COMPANY: OPERATING SEGMENTS
TABLE 105.THE GOODYEAR TIRE & RUBBER COMPANY: PRODUCT PORTFOLIO
TABLE 106.HANKOOK TIRE & TECHNOLOGY CO.,LTD.: COMPANY SNAPSHOT
TABLE 107.MICHELIN: COMPANY SNAPSHOT
TABLE 108.MICHELIN: OPERATING SEGMENTS
TABLE 109.MICHELIN: PRODUCT PORTFOLIO
TABLE 110.NOKIAN TYRES PLC.: COMPANY SNAPSHOT
TABLE 111.NOKIAN TYRES PLC.: OPERATING SEGMENTS
TABLE 112.NOKIAN TYRES PLC.: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 113.PIRELLI & C. S.P.A: COMPANY SNAPSHOT
TABLE 114.PIRELLI & C. S.P.A: PRODUCT PORTFOLIO
TABLE 115.SUMITOMO RUBBER INDUSTRIES, LTD.: COMPANY SNAPSHOT
TABLE 116.SUMITOMO RUBBER INDUSTRIES, LTD..: OPERATING SEGMENTS
TABLE 117.SUMITOMO RUBBER INDUSTRIES, LTD..: PRODUCT PORTFOLIO
TABLE 118.THE YOKOHAMA RUBBER CO., LTD..: COMPANY SNAPSHOT
TABLE 119.THE YOKOHAMA RUBBER CO., LTD..: OPERATING SEGMENTS
TABLE 120.THE YOKOHAMA RUBBER CO., LTD. PRODUCT PORTFOLIO
TABLE 121.TOYO TIRE CORPORATION: COMPANY SNAPSHOT
TABLE 122.TOYO TIRE CORPORATION: OPERATING SEGMENTS

LIST OF FIGURES

FIGURE 01.KEY MARKET SEGMENTS
FIGURE 02.EXECUTIVE SUMMARY
FIGURE 03.EXECUTIVE SUMMARY
FIGURE 04.TOP IMPACTING FACTORS
FIGURE 05.TOP INVESTMENT POCKETS
FIGURE 06.TOP WINNING STRATEGIES, BY YEAR, 2015–2019*
FIGURE 07.TOP WINNING STRATEGIES, BY STRATEGIES, 2015–2019*
FIGURE 08.TOP WINNING STRATEGIES, BY COMPANY, 2015–2019*
FIGURE 09.MODERATE-TO-HIGH BARGAINING POWER OF SUPPLIERS
FIGURE 10.MODERATE-TO-HIGH THREAT OF NEW ENTRANTS
FIGURE 11.MODERATE THREAT OF SUBSTITUTES
FIGURE 12.HIGH-TO-MODERATE INTENSITY OF RIVALRY
FIGURE 13.MODERATE BARGAINING POWER OF BUYERS
FIGURE 14.MARKET SHARE ANALYSIS (2019)
FIGURE 15.TOTAL VEHICLE SALES FROM 2010-2018 (IN MILLION)
FIGURE 16.GLOBAL AUTOMOTIVE TIRE MARKET, BY SEASON TYPE, 2019–2027 (%)
FIGURE 17.NORTH AMERICA MARKET SHARE FOR SUMMER TIRE
FIGURE 18.EUROPE MARKET SHARE FOR SUMMER TIRE
FIGURE 19.ASIA-PACIFIC MARKET SHARE FOR SUMMER TIRE
FIGURE 20.LAMEA MARKET SHARE FOR SUMMER TIRE
FIGURE 21.COMPARATIVE SHARE ANALYSIS OF SUMMER AUTOMOTIVE TIRE MARKET, BY COUNTRY, 2019 & 2027 ($ MILLION)
FIGURE 22.NORTH AMERICA MARKET SHARE FOR WINTER TIRE
FIGURE 23.EUROPE MARKET SHARE FOR WINTER TIRE
FIGURE 24.ASIA-PACIFIC MARKET SHARE FOR WINTER TIRE
FIGURE 25.LAMEA MARKET SHARE FOR WINTER TIRE
FIGURE 26.COMPARATIVE SHARE ANALYSIS OF WINTER AUTOMOTIVE TIRE MARKET, BY COUNTRY, 2019 & 2027 ($ MILLION)
FIGURE 27.NORTH AMERICA MARKET SHARE FOR ALL SEASON TIRE
FIGURE 28.EUROPE MARKET SHARE FOR ALL SEASON TIRE
FIGURE 29.ASIA-PACIFIC MARKET SHARE FOR ALL SEASON TIRE
FIGURE 30.LAMEA MARKET SHARE FOR ALL SEASON TIRE
FIGURE 31.COMPARATIVE SHARE ANALYSIS OF ALL SEASON AUTOMOTIVE TIRE MARKET, BY COUNTRY, 2019 & 2027 ($ MILLION)
FIGURE 32.GLOBAL AUTOMOTIVE TIRE MARKET, BY RIM SIZE, 2019 & 2027 ($ MILLION)
FIGURE 33.NORTH AMERICA MARKET SHARE FOR LESS THAN 15 INCHES TIRE
FIGURE 34.EUROPE MARKET SHARE FOR LESS THAN 15 INCHES TIRE
FIGURE 35.ASIA-PACIFIC MARKET SHARE FOR LESS THAN 15 INCHES TIRE
FIGURE 36.LAMEA MARKET SHARE FOR LESS THAN 15 INCHES TIRE
FIGURE 37.COMPARATIVE SHARE ANALYSIS OF LESS THAN 15 INCH AUTOMOTIVE TIRE MARKET BY COUNTRY, 2019 & 2027 ($ MILLION)
FIGURE 38.NORTH AMERICA MARKET SHARE FOR 15-20 INCHES TIRE
FIGURE 39.EUROPE MARKET SHARE FOR 15-20 INCHES TIRE
FIGURE 40.ASIA-PACIFIC MARKET SHARE FOR 15-20 INCHES TIRE
FIGURE 41.LAMEA MARKET SHARE FOR 15-20 INCHES TIRE
FIGURE 42.COMPARATIVE SHARE ANALYSIS OF 15-20 INCH AUTOMOTIVE TIRE MARKET BY COUNTRY, 2019 & 2027 ($ MILLION)
FIGURE 43.NORTH AMERICA MARKET SHARE FOR MORE THAN 20 INCHES TIRE
FIGURE 44.EUROPE MARKET SHARE FOR MORE THAN 20 INCHES TIRE
FIGURE 45.ASIA-PACIFIC MARKET SHARE FOR MORE THAN 20 INCHES TIRE
FIGURE 46.LAMEA MARKET SHARE FOR MORE THAN 20 INCHES TIRE
FIGURE 47.COMPARATIVE SHARE ANALYSIS OF MORE THAN 20 INCH AUTOMOTIVE TIRE MARKET, BY COUNTRY, 2019 & 2027 ($ MILLION)
FIGURE 48.GLOBAL AUTOMOTIVE TIRE MARKET, BY VEHICLE TYPE, 2019 & 2027 ($ MILLION)
FIGURE 49.NORTH AMERICA MARKET SHARE FOR PASSENGER CAR TIRES
FIGURE 50.EUROPE MARKET SHARE FOR PASSENGER CAR TIRE
FIGURE 51.ASIA-PACIFIC MARKET SHARE FOR PASSENGER CAR TIRE
FIGURE 52.LAMEA MARKET SHARE FOR PASSENGER CAR TIRE
FIGURE 53.COMPARATIVE SHARE ANALYSIS OF AUTOMOTIVE TIRE MARKET FOR PASSENGER VEHICLE, BY COUNTRY, 2019 & 2027 ($ MILLION)
FIGURE 54.GLOBAL AUTOMOTIVE TIRE MARKET REVENUE FOR COMMERCIAL VEHICLES, BY LIGHT COMMERCIAL VEHICLES, 2019–2027 (%)
FIGURE 55.GLOBAL AUTOMOTIVE TIRE MARKET REVENUE FOR COMMERCIAL VEHICLES, BY HEAVY COMMERCIAL VEHICLES, 2019–2027 (%)
FIGURE 56.NORTH AMERICA MARKET SHARE FOR COMMERCIAL VEHICLE TIRES
FIGURE 57.EUROPE MARKET SHARE FOR COMMERCIAL VEHICLE TIRE
FIGURE 58.ASIA-PACIFIC MARKET SHARE FOR COMMERCIAL VEHICLE TIRE
FIGURE 59.LAMEA MARKET SHARE FOR COMMERCIAL VEHICLE TIRE
FIGURE 60.COMPARATIVE SHARE ANALYSIS OF AUTOMOTIVE TIRE MARKET FOR COMMERCIAL VEHICLE, BY COUNTRY, 2019 & 2027 ($ MILLION)
FIGURE 61.NORTH AMERICA MARKET SHARE FOR ELECTRIC VEHICLE TIRES
FIGURE 62.EUROPE MARKET SHARE FOR ELECTRIC VEHICLE TIRE
FIGURE 63.ASIA-PACIFIC MARKET SHARE FOR ELECTRIC VEHICLE TIRE
FIGURE 64.LAMEA MARKET SHARE FOR ELECTRIC VEHICLE TIRE
FIGURE 65.COMPARATIVE SHARE ANALYSIS OF AUTOMOTIVE TIRE MARKET FOR ELECTRIC VEHICLE, BY COUNTRY, 2019 & 2027 ($ MILLION)
FIGURE 66.GLOBAL AUTOMOTIVE TIRE MARKET, BY DISTRIBUTION CHANNEL, 2019–2027 (%)
FIGURE 67.NORTH AMERICA MARKET SHARE FOR OEM
FIGURE 68.EUROPE MARKET SHARE FOR OEM
FIGURE 69.ASIA-PACIFIC MARKET SHARE FOR OEM
FIGURE 70.LAMEA MARKET SHARE FOR OEM
FIGURE 71.COMPARATIVE SHARE ANALYSIS OF AUTOMOTIVE TIRE MARKET FOR OEM, BY COUNTRY, 2019 & 2027 ($ MILLION)
FIGURE 72.NORTH AMERICA MARKET SHARE FOR AFTERMARKET TIRES
FIGURE 73.EUROPE MARKET SHARE FOR AFTERMARKET TIRES
FIGURE 74.ASIA-PACIFIC MARKET SHARE FOR AFTERMARKET TIRES
FIGURE 75.LAMEA MARKET SHARE FOR AFTERMARKET TIRES
FIGURE 76.COMPARATIVE SHARE ANALYSIS OF AUTOMOTIVE TIRE MARKET FOR AFTERMARKET, BY COUNTRY, 2019 & 2027 ($ MILLION)
FIGURE 77.AUTOMOTIVE TIRE MARKET, BY REGION, 2019-2027 (%)
FIGURE 78.COMPARATIVE SHARE ANALYSIS OF AUTOMOTIVE TIRE MARKET, BY COUNTRY, 2019–2027 (%)
FIGURE 79.INVESTMENT OF DIFFERENT COMPANIES IN THE U.S. TYRE PLANTS
FIGURE 80.U. S. AUTOMOTIVE TIRE MARKET, 2019–2027 ($MILLION)
FIGURE 81.CANADA AUTOMOTIVE TIRE MARKET, 2019–2027 ($MILLION)
FIGURE 82.MEXICO AUTOMOTIVE TIRE MARKET, 2019–2027 ($MILLION)
FIGURE 83.COMPARATIVE SHARE ANALYSIS OF AUTOMOTIVE TIRE MARKET, BY COUNTRY, 2019–2027 (%)
FIGURE 84.UK AUTOMOTIVE TIRE MARKET, 2019–2027 ($MILLION)
FIGURE 85.GERMANY AUTOMOTIVE TIRE MARKET, 2019–2027 ($MILLION)
FIGURE 86.FRANCE AUTOMOTIVE TIRE MARKET, 2019–2027 ($MILLION)
FIGURE 87.RUSSIA AUTOMOTIVE TIRE MARKET, 2019–2027 ($MILLION)
FIGURE 88.REST OF EUROPE AUTOMOTIVE TIRE MARKET, 2019–2027 ($MILLION)
FIGURE 89.COMPARATIVE SHARE ANALYSIS OF AUTOMOTIVE TIRE MARKET, BY COUNTRY, 2019–2027 (%)
FIGURE 90.CHINA AUTOMOTIVE TIRE MARKET, 2019–2027 ($MILLION)
FIGURE 91.JAPAN AUTOMOTIVE TIRE MARKET, 2019–2027 ($MILLION)
FIGURE 92.INDIA AUTOMOTIVE TIRE MARKET, 2019–2027 ($MILLION)
FIGURE 93.AUSTRALIA AUTOMOTIVE TIRE MARKET, 2019–2027 ($MILLION)
FIGURE 94.REST OF ASIA-PACIFIC AUTOMOTIVE TIRE MARKET, 2019–2027 ($MILLION)
FIGURE 95.COMPARATIVE SHARE ANALYSIS OF AUTOMOTIVE TIRE MARKET, BY COUNTRY, 2019–2027 (%)
FIGURE 96.LATIN AMERICA AUTOMOTIVE TIRE MARKET, 2019–2027 ($MILLION)
FIGURE 97.MIDDLE EAST AUTOMOTIVE TIRE MARKET, 2019–2027 ($MILLION)
FIGURE 98.AFRICA AUTOMOTIVE TIRE MARKET, 2019–2027 ($MILLION)
FIGURE 99.BRIDGESTONE CORPORATION: NET SALES, 2016–2018 ($MILLION)
FIGURE 100.BRIDGESTONE CORPORATION: REVENUE SHARE BY SEGMENT, 2018 (%)
FIGURE 101.BRIDGESTONE CORPORATION: REVENUE SHARE BY REGION, 2018 (%)
FIGURE 102.CONTINENTAL AG: NET SALES, 2017–2019 ($MILLION)
FIGURE 103.CONTINENTAL AG: REVENUE SHARE BY SEGMENT, 2019 (%)
FIGURE 104.CONTINENTAL AG: REVENUE SHARE BY REGION, 2018 (%)
FIGURE 105.THE GOODYEAR TIRE & RUBBER COMPANY: NET SALES, 2017–2019 ($MILLION)
FIGURE 106.THE GOODYEAR TIRE & RUBBER COMPANY: REVENUE SHARE BY SEGMENT, 2019 (%)
FIGURE 107.THE GOODYEAR TIRE & RUBBER COMPANY: REVENUE SHARE BY REGION, 2019 (%)
FIGURE 108.HANKOOK TIRE & TECHNOLOGY CO., LTD.: NET SALES, 2016–2018 ($MILLION)
FIGURE 109.HANKOOK TIRE & TECHNOLOGY CO., LTD.: REVENUE SHARE BY REGION, 2018 (%)
FIGURE 110.MICHELIN: NET SALES, 2016–2018 ($MILLION)
FIGURE 111.MICHELIN: REVENUE SHARE BY SEGMENT, 2018 (%)
FIGURE 112.MICHELIN: REVENUE SHARE BY REGION, 2018 (%)
FIGURE 113.NOKIAN TYRES PLC.: NET SALES, 2017–2019 ($MILLION)
FIGURE 114.NOKIAN TYRES PLC.: REVENUE SHARE BY SEGMENT, 2019 (%)
FIGURE 115.NOKIAN TYRES PLC.: REVENUE SHARE BY REGION, 2019 (%)
FIGURE 116.PIRELLI & C. S.P.A: NET SALES, 2016–2018 ($MILLION)
FIGURE 117.PIRELLI & C. S.P.A: REVENUE SHARE BY REGION, 2018 (%)
FIGURE 118.SUMITOMO RUBBER INDUSTRIES, LTD..: NET SALES, 2016–2018 ($MILLION)
FIGURE 119.SUMITOMO RUBBER INDUSTRIES, LTD..: REVENUE SHARE BY SEGMENT, 2018 (%)
FIGURE 120.SUMITOMO RUBBER INDUSTRIES, LTD..: REVENUE SHARE BY REGION, 2018 (%)
FIGURE 121.THE YOKOHAMA RUBBER CO., LTD.: NET SALES, 2016–2018 ($MILLION)
FIGURE 122.THE YOKOHAMA RUBBER CO., LTD.: REVENUE SHARE BY SEGMENT, 2018 (%)
FIGURE 123.THE YOKOHAMA RUBBER CO., LTD.: REVENUE SHARE BY REGION, 2018 (%)
FIGURE 124.TOYO TIRE CORPORATION: REVENUE, 2016–2018 ($MILLION)
FIGURE 125.TOYO TIRE CORPORATION: REVENUE SHARE BY SEGMENT, 2018 (%)
FIGURE 126.TOYO TIRE CORPORATION: REVENUE SHARE BY REGION, 2018 (%)

 
 

A rubber tire is a component fitted around the rim of a wheel to transfer the load of a vehicle from the axle to the ground. Majority of the tires are pneumatically inflated that offer a flexible cushion with shock absorption when the tire travels over a rough surface. In addition, it is manufactured from rubber, and provides a flexible cushion, thereby reducing the impact of the vibrations and absorbs the shock of the vehicle. Rubber tire consists of tread, jointless cap piles, beads, and other materials, which include synthetic rubber, carbon black, and fabric. There is an increase in the demand for tires due to the rise in the demand for vehicle production to cater to the increase in demand for vehicles across all segments. Asia-Pacific has shown a prominent growth in the automotive tire market owing to increased tire manufacturers in the region. The increase in per capita income and surge in sale of vehicles are the factors expected to boost the market growth globally.

The global automotive tire market is analyzed on the basis of its prospect and future growth rate. The report highlights numerous factors that influence the growth of the global automotive tire market, which include market forecast, drivers, restraints, opportunities, and role of different key players operating in the market.

The global automotive tire market is driven by increase in automotive production & sales across different vehicle segment and rise in competition among tire manufacturers. In addition, introduction of advanced technology in the manufacturing process is anticipated to propel the growth of the automotive tire market. However, factors such as volatile prices of raw materials and surge in market of retreading tires are expected to hamper the growth of the market. Further, advancement in technology, fuel efficiency, safety concerns, and government support are expected to create numerous opportunities for the growth and expansion of the market.

Among the analyzed geographical regions, Asia-Pacific is the highest revenue contributor, and the Asia-Pacific region is anticipated to remain dominant during the forecast period, followed by Europe, North America, and LAMEA. This growth is attributed to proactive development, rise in disposable income, and increase in automotive sales.

 

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