Auto Tyre Market

The global Auto Tyre market was valued at 166.22 Million USD in 2021 and will grow with a CAGR of 2.19% from 2021 to 2027, based on Research newly published report.

The prime objective of Auto Tyre Market is to provide the insights on the post COVID-19 impact wwhich will help market players in this field evaluate their business approaches. Also, Auto Tyre Market covers market segmentation by major market verdors, types, applications/end users and geography(North America, East Asia, Europe, South Asia, Southeast Asia, Middle East, Africa, Oceania, South America).

Auto tyre is a ring-shaped vehicle component that covers the wheel`s rim to protect it and enable better vehicle performance. Auto tyres provide traction between the vehicle and the road while providing a flexible cushion that absorbs shock.Europe is the largest consumption market while it is also a larger supplier of auto tyres. Based on the high-developed automotive industry, the auto tyre industry started early and three of the top five auto tyre manufacturers set their headquarters in Europe. They are France based Mechilin, Germany based Continental AG and Italy based Pirelli. U.S. is the second largest market of auto tyres. With the fast development of automotive industry in last century, many manufacturers built plants in US, Canada and Brazil to meet this market demand. Likely, Japan is also a major supplier of auto tyres, with its mature auto tyre industry and developed manufacturing industry. In the global market, the cooperation and acquisition between companies is common. When come into a new market, cooperation with domestic companies is a good way to occupy the market share. Through this way, companies can make use of resource adequately.

By Market Verdors:

Bridgestone

Michelin

Goodyear

Continental

Pirelli

Hankook

Sumitomo

Yokohama

Maxxis

Zhongce

GITI Tire

Cooper Tire

Kumho Tire

Toyo Tire

MRF

Apollo Tyres

Triangle Group

Nexen Tire

Hengfeng Rubber

Shandong Linglong

Double Coin

Jinyu Tyre

Sailun Tires

Shandong Deruibo

Shengtai Tyre

PT Gajah

Ceat

BRISA

Qingdao Doublestar

Jiangshu Tongyong

Guizhou Tyre

South China

Shandong Hengyu

Kenda Rubber

Double Happiness

Nankang Rubber

Aeolus Tyre

Birla Tyres

Xingyuan Tyre

Chaoyang Tyre

By Types:

Bias Tire

Radial Tire

By Applications:

Light Truck Tyre

Truck/Bus Tyre

Passenger Car Tyre

Key Indicators Analysed

Market Players & Competitor Analysis: The report covers the key players of the industry including Company Profile, Product Specifications, Production Capacity/Sales, Revenue, Price and Gross Margin 2016-2027 & Sales with a thorough analysis of the market?s competitive landscape and detailed information on vendors and comprehensive details of factors that will challenge the growth of major market vendors.

Global and Regional Market Analysis: The report includes Global & Regional market status and outlook 2016-2027. Further the report provides break down details about each region & countries covered in the report. Identifying its sales, sales volume & revenue forecast. With detailed analysis by types and applications.

Market Trends: Market key trends which include Increased Competition and Continuous Innovations.

Opportunities and Drivers: Identifying the Growing Demands and New Technology

Porters Five Force Analysis: The report provides with the state of competition in industry depending on five basic forces: threat of new entrants, bargaining power of suppliers, bargaining power of buyers, threat of substitute products or services, and existing industry rivalry.

Key Reasons to Purchase

To gain insightful analyses of the market and have comprehensive understanding of the global market and its commercial landscape.

Assess the production processes, major issues, and solutions to mitigate the development risk.

To understand the most affecting driving and restraining forces in the market and its impact in the global market.

Learn about the market strategies that are being adopted by leading respective organizations.

To understand the future outlook and prospects for the market.

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