Automotive Tire Market - Global Opportunities & Industry Forecast 2025

Automotive Tire Market

- Size, Trend, Share, Opportunity Analysis, and Forecast, 2014-2025

  • Date Automotive and Transportation
  • Date December 2017
  • price $3995
 
 

Automotive Tire Market - Overall Industry Analysis

Progressive Markets published a report, Automotive Tire Market Size, Trend, Share, Opportunity Analysis & Forecast, 2014-2025, which says that the global market was valued at $42,712 million in 2014 and is likely to garner $68,965 million in 2025, growing at a CAGR of 4.89% from 2018 to 2025.

One of the most important parts of a vehicle, tires form a connecting link between the vehicle and road. Covering the wheels rim, they are designed to handle the overall weight of the vehicle, absorb road shocks, reduce the impact of vibrations, and withstand the tractive force between the road and vehicle. In order to fulfill these functions, tires are usually made of rubber and inflated with high-pressure air. There are several types of tire designs which are differentiated based on the nature of the technology used. Legal regulations specify which tires are suitable for which conditions, the maximum speeds at which different tires may be used, and the criteria by which tires are classified.

Market Drivers and Restraints:

The market for automotive tires is seeing a robust growth in the recent years. This is because the demand for tires is growing vigorously due to high demand for vehicles across the world. Furthermore, the intense competition between the market players to produce greatly sustainable, highly durable and affordable tires are supplementing the growth of the market. Technological advancements in the manufacturing of tires are also propelling the growth of the automotive tire industry. On the other hand, the rise in retreading tires market in which tread is replaced by worn out tires may impede the market growth as the cost required for the process of retreading tires is cheaper than manufacturing new tires. Moreover, the price fluctuation of raw materials such as natural rubber and reinforcing materials may cause the market to slow down.

Automotive Tire Market Key Segmentation:

The automotive tire market report offers a detailed analysis of the industry based on its segmentation. The market is segmented based on type, vehicle type/application, and geography. Based on the type, the market is classified as radial tire and bias tire. By vehicle type/application, the market is divided into passenger car tire, Light Commercial Vehicle (LCV) tire, Heavy Commercial Vehicle (HCV) tire, and two-wheelers tire. Based on geography, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA. The market study in North America covers the U.S., Canada, and Mexico. The market analysis in Europe covers Germany, Poland, Spain, Italy, Russia, UK, France, and other parts of Europe. The analysis in Asia-Pacific covers China, Indonesia, India, South Korea, New Zealand, Japan, Australia, and the rest of Asia-Pacific. The study in LAMEA covers Argentina, Saudi Arabia, Brazil, UAE, South Africa, Chile, and others.

By Type

  • Radial Tire
  • Bias Tire

By Vehicle Type/Application

  • Passenger car tire
  • Light Commercial Vehicle (LCV) tire
  • Heavy Commercial Vehicle (HCV) tire
  • Two-wheelers tire

By Geography

  • North America
    • U.S.
    • Canada
    • Mexico
  • Europe
    • Germany
    • Poland
    • Spain
    • Italy
    • Russia
    • UK
    • France
    • Others
  • Asia-Pacific
    • China
    • Indonesia
    • India
    • South Korea
    • New Zealand
    • Japan
    • Australia
    • Rest of Asia-Pacific
  • LAMEA
    • Argentina
    • Saudi Arabia
    • Brazil
    • UAE
    • South Africa
    • Chile
    • Others

Key Market Players:

The automotive tire market analysis report profiles the major market players operating in the automotive tire market. They adopt strategies such as mergers and acquisitions, partnerships, joint ventures, and more to sustain and expand their business. The key players profiled in the report include Bridgestone Corporation, Continental AG, Pirelli & C. S.p.A, Michelin, The Goodyear Tire & Rubber Co., Sumitomo Rubber Industries, Ltd., Madras Rubber Factory Limited, The Yokohama Rubber Co. Ltd., JK Tyre & Industries Ltd., and CEAT Ltd.

Key Benefits of the Report:

The report provides an extensive analysis of the automotive tire market on a global level. It includes the automotive tire market size, the automotive tire market share analysis (2014-2025), market dynamics, automotive tire market outlook, automotive tire market forecast, automotive tire market trends, Porters Five Forces Analysis (PFFA), industry segmentation, and company profiles. The data in the report is a result of a rigorous primary and secondary research. The automotive tire industry statistics and graphs provide further clarity to the information contained in the study. Knowing the market size helps market players, investors, and new entrants fully assess the opportunities and plan their approach and investments wisely. The market share analysis helps companies measure how well they are performing as compared to their competitors. The drivers and restraints of the industry assist in understanding the cause of the rise and fall of the automotive tire industry. To understand the competitive landscape of the market, the report provides an analysis of the Porters Five Forces model. The key players participating in the market along with their details such as recent developments, marketing strategies, profiles, and more help determine the growth opportunities in the automotive tire market. The study provides a historic market size from 2014 to 2017 along with a market forecast from 2018 to 2025 for every segment and region.

SECTION 1 EXECUTIVE SUMMARY
1.1.KEY FINDINGS
1.2.MARKET ATTRACTIVENESS AND TREND ANALYSIS
1.3.COMPETITIVE LANDSCAPE AND RECENT INDUSTRY DEVELOPMENT ANALYSIS
SECTION 2 INTRODUCTION
2.1.REPORT DESCRIPTION
2.2.SCOPE AND DEFINITIONS
2.3.RESEARCH METHODOLOGY
SECTION 3 MARKET LANDSCAPE
3.1.GROWTH DRIVERS
3.1.1. Impact Analysis
3.2.RESTRAINS AND CHALLENGES
3.2.1. Impact Analysis
3.3.PORTERS ANALYSIS
3.3.1. Bargaining power of buyers
3.3.2. Bargaining power of suppliers
3.3.3. Threat of substitutes
3.3.4. Industry rivalry
3.3.5. Threat of new entrants
3.4.GLOBAL AUTOMOTIVE TIRE MARKET SHARES ANALYSIS, 2014-2025
3.4.1. Global automotive tire market share by vehicle type, 2014-2025
3.4.2. Global automotive tire market share by type, 2014-2025
3.4.3. Global automotive tire market share by geography, 2014-2025
SECTION 4 AUTOMOTIVE TIRE MARKET BY VEHICLE TYPE
4.1. PASSENGER CAR TIRE
4.1.1. Historical Market Size by Region, 2014-2016
4.1.2. Market Forecast by Region, 2017-2025
4.2. LIGHT COMMERCIAL VEHICLE (LCV) TIRE
4.2.1. Historical Market Size by Region, 2014-2016
4.2.2. Market Forecast by Region, 2017-2025
4.3. HEAVY COMMERCIAL VEHICLE (HCV) TIRE
4.3.1. Historical Market Size by Region, 2014-2016
4.3.2. Market Forecast by Region, 2017-2025
4.4. TWO WHEELERS TIRE
4.4.1. Historical Market Size by Region, 2014-2016
4.4.2. Market Forecast by Region, 2017-2025
SECTION 5 AUTOMOTIVE TIRE MARKET BY TYPE
5.1. RADIAL TIRE
5.1.1. Historical Market Size by Region, 2014-2016
5.1.2. Market Forecast by Region, 2017-2025
5.2. BIAS TIRE
5.2.1. Historical Market Size by Region, 2014-2016
5.2.2. Market Forecast by Region, 2017-2025
SECTION 6 AUTOMOTIVE TIRE MARKET BY GEOGRAPHY
6.1. NORTH AMERICA
6.1.1. U.S.
6.1.1.1. Historical Market Size, 2014-2016
6.1.1.2. Market Forecast, 2017-2025
6.1.2. Canada
6.1.2.1. Historical Market Size, 2014-2016
6.1.2.2. Market Forecast, 2017-2025
6.1.3. Mexico
6.1.3.1. Historical Market Size, 2014-2016
6.1.3.2. Market Forecast, 2017-2025
6.2. EUROPE
6.2.1. UK
6.2.1.1. Historical Market Size, 2014-2016
6.2.1.2. Market Forecast, 2017-2025
6.2.2. France
6.2.2.1. Historical Market Size, 2014-2016
6.2.2.2. Market Forecast, 2017-2025
6.2.3. Germany
6.2.3.1. Historical Market Size, 2014-2016
6.2.3.2. Market Forecast, 2017-2025
6.2.4. Russia
6.2.4.1. Historical Market Size, 2014-2016
6.2.4.2. Market Forecast, 2017-2025
6.2.5. Rest of Europe
6.2.5.1. Historical Market Size, 2014-2016
6.2.5.2. Market Forecast, 2017-2025
6.3. ASIA-PACIFIC
6.3.1. China
6.3.1.1. Historical Market Size, 2014-2016
6.3.1.2. Market Forecast, 2017-2025
6.3.2. India
6.3.2.1. Historical Market Size, 2014-2016
6.3.2.2. Market Forecast, 2017-2025
6.3.3. Japan
6.3.3.1. Historical Market Size, 2014-2016
6.3.3.2. Market Forecast, 2017-2025
6.3.4. South Korea
6.3.4.1. Historical Market Size, 2014-2016
6.3.4.2. Market Forecast, 2017-2025
6.3.5. Rest of Asia-Pacific
6.3.5.1. Historical Market Size, 2014-2016
6.3.5.2. Market Forecast, 2017-2025
6.4. LAMEA
6.4.1. Latin America
6.4.1.1. Historical Market Size, 2014-2016
6.4.1.2. Market Forecast, 2017-2025
6.4.2. Middle East
6.4.2.1. Historical Market Size, 2014-2016
6.4.2.2. Market Forecast, 2017-2025
6.4.3. Africa
6.4.3.1. Historical Market Size, 2014-2016
6.4.3.2. Market Forecast, 2017-2025
SECTION 7 COMPANY PROFILES
7.1. BRIDGESTONE CORPORATION
7.1.1. Overview
7.1.2. Financials and business segments
7.1.3. Recent Developments
7.2. CONTINENTAL AG
7.2.1. Overview
7.2.2. Financials and business segments
7.2.3. Recent Developments
7.3. PIRELLI & C. S.P.A.
7.3.1. Overview
7.3.2. Financials and business segments
7.3.3. Recent Developments
7.4. MICHELIN
7.4.1. Overview
7.4.2. Financials and business segments
7.4.3. Recent Developments
7.5. THE GOODYEAR TIRE & RUBBER CO. LTD.
7.5.1. Overview
7.5.2. Financials and business segments
7.5.3. Recent Developments
7.6. SUMITOMO RUBBER INDUSTRIES LTD.
7.6.1. Overview
7.6.2. Financials and business segments
7.6.3. Recent Developments
7.7. MRF TYRES
7.7.1. Overview
7.7.2. Financials and business segments
7.7.3. Recent Developments
7.8. THE YOKOHAMA RUBBER CO. LTD.
7.8.1. Overview
7.8.2. Financials and business segments
7.8.3. Recent Developments
7.9.JK TYRE & INDUSTRIES LTD.
7.9.1. Overview
7.9.2. Financials and business segments
7.9.3. Recent Developments
7.10. CEAT LTD.
7.10.1. Overview
7.10.2. Financials and business segments
7.10.3. Recent Developments

TABLE 1. AUTOMOTIVE TIRE MARKET VALUE FOR VEHICLE TYPE, BY REGION, 2017-2025, $MILLION
TABLE 2. AUTOMOTIVE TIRE MARKET VALUE FOR TYPE, BY REGION, 2017-2025, $MILLION
TABLE 3. AUTOMOTIVE TIRE MARKET VALUE FOR RADIAL TIRE, BY REGION, 2017-2025, $MILLION
TABLE 4. AUTOMOTIVE TIRE MARKET VALUE FOR BIAS TIRE, BY REGION, 2017-2025, $MILLION
TABLE 5. AUTOMOTIVE TIRE MARKET VALUE FOR NORTH AMERICA, BY COUNTRY, 2014-2025, $MILLION
TABLE 6. AUTOMOTIVE TIRE MARKET VALUE FOR NORTH AMERICA, BY VEHICLE TYPE, 2014-2025, $MILLION
TABLE 7. AUTOMOTIVE TIRE MARKET VALUE FOR NORTH AMERICA, BY TYPE, 2014-2025, $MILLION
TABLE 8. AUTOMOTIVE TIRE MARKET VALUE FOR EUROPE, BY COUNTRY, 2014-2025, $MILLION
TABLE 9. AUTOMOTIVE TIRE MARKET VALUE FOR EUROPE, BY VEHICLE TYPE, 2014-2025, $MILLION
TABLE 10. AUTOMOTIVE TIRE MARKET VALUE FOR EUROPE, BY TYPE, 2014-2025, $MILLION
TABLE 11. AUTOMOTIVE TIRE MARKET VALUE FOR ASIA-PACIFIC, BY COUNTRY, 2014-2025, $MILLION
TABLE 12. AUTOMOTIVE TIRE MARKET VALUE FOR ASIA-PACIFIC, BY VEHICLE TYPE, 2014-2025, $MILLION
TABLE 13. AUTOMOTIVE TIRE MARKET VALUE FOR ASIA-PACIFIC, BY TYPE, 2014-2025, $MILLION
TABLE 14. AUTOMOTIVE TIRE MARKET VALUE FOR LAMEA, BY COUNTRY, 2014-2025, $MILLION
TABLE 15. AUTOMOTIVE TIRE MARKET VALUE FOR LAMEA, BY VEHICLE TYPE, 2014-2025, $MILLION
TABLE 16. AUTOMOTIVE TIRE MARKET VALUE FOR LAMEA, BY TYPE, 2014-2025, $MILLION
TABLE 17. BRIDGESTONE CORPORATION - COMPANY SNAPSHOT
TABLE 18. CONTINENTAL AG - COMPANY SNAPSHOT
TABLE 19. PIRELLI AND C. S.P.A. - COMPANY SNAPSHOT
TABLE 20. MICHELIN - COMPANY SNAPSHOT
TABLE 21. THE GOODYEAR TIRE AND RUBBER CO. LTD. - COMPANY SNAPSHOT
TABLE 22. SUMITOMO RUBBER INDUSTRIES LTD. - COMPANY SNAPSHOT
TABLE 23. MRF TYRES - COMPANY SNAPSHOT
TABLE 24. THE YOKOHAMA RUBBER CO. LTD. - COMPANY SNAPSHOT
TABLE 25.JK TYRE AND INDUSTRIES LTD. - COMPANY SNAPSHOT
TABLE 26. CEAT LTD. - COMPANY SNAPSHOT
 
FIGURE 1.AUTOMOTIVE TIRE: RADIAL TIRE MARKET VALUE, 2014-2016, $MILLION
FIGURE 2.AUTOMOTIVE TIRE: BIAS TIRE MARKET VALUE, 2014-2016, $MILLION
FIGURE 3.AUTOMOTIVE TIRE: NORTH AMERICA MARKET VALUE, 2014-2016, $MILLION
FIGURE 4.AUTOMOTIVE TIRE: U.S. MARKET VALUE, 2014-2016, $MILLION
FIGURE 5.AUTOMOTIVE TIRE:CANADA MARKET VALUE, 2014-2016, $MILLION
FIGURE 6.AUTOMOTIVE TIRE:MEXICO MARKET VALUE, 2014-2016, $MILLION
FIGURE 7.AUTOMOTIVE TIRE: EUROPE MARKET VALUE, 2014-2016, $MILLION
FIGURE 8.AUTOMOTIVE TIRE: UK MARKET VALUE, 2014-2016, $MILLION
FIGURE 9.AUTOMOTIVE TIRE:FRANCE MARKET VALUE, 2014-2016, $MILLION
FIGURE 10.AUTOMOTIVE TIRE:GERMANY MARKET VALUE, 2014-2016, $MILLION
FIGURE 11.AUTOMOTIVE TIRE:RUSSIA MARKET VALUE, 2014-2016, $MILLION
FIGURE 12.AUTOMOTIVE TIRE:REST OF EUROPE MARKET VALUE, 2014-2016, $MILLION
FIGURE 13.AUTOMOTIVE TIRE: ASIA-PACIFIC MARKET VALUE, 2014-2016, $MILLION
FIGURE 14.AUTOMOTIVE TIRE: CHINA MARKET VALUE, 2014-2016, $MILLION
FIGURE 15.AUTOMOTIVE TIRE:INDIA MARKET VALUE, 2014-2016, $MILLION
FIGURE 16.AUTOMOTIVE TIRE:JAPAN MARKET VALUE, 2014-2016, $MILLION
FIGURE 17.AUTOMOTIVE TIRE:SOUTH KOREA MARKET VALUE, 2014-2016, $MILLION
FIGURE 18.AUTOMOTIVE TIRE:REST OF ASIA-PACIFIC MARKET VALUE, 2014-2016, $MILLION
FIGURE 19.AUTOMOTIVE TIRE: LAMEA MARKET VALUE, 2014-2016, $MILLION
FIGURE 20.AUTOMOTIVE TIRE: LATIN AMERICA MARKET VALUE, 2014-2016, $MILLION
FIGURE 21.AUTOMOTIVE TIRE:MIDDLE EAST MARKET VALUE, 2014-2016, $MILLION
FIGURE 22.AUTOMOTIVE TIRE:AFRICA MARKET VALUE, 2014-2016, $MILLION
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