Passenger Tire Market

A tire (American English) or tyre (British English; see spelling differences) is a ring-shaped component that surrounds a wheel's rim to transfer a vehicle's load from the axle through the wheel to the ground and to provide traction on the surface traveled over. Most tires, such as those for automobiles and bicycles, are pneumatically inflated structures, which also provide a flexible cushion that absorbs shock as the tire rolls over rough features on the surface. Tires provide a footprint that is designed to match the weight of the vehicle with the bearing strength of the surface that it rolls over by providing a bearing pressure that will not deform the surface excessively.
Passenger Tire Market aims to provide a comprehensive presentation of the global market for Passenger Tire, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Passenger Tire. Passenger Tire Market contains market size and forecasts of Passenger Tire in global, including the following market information:
Global Passenger Tire Market Revenue, 2018-2023, 2024-2030, ($ millions)
Global Passenger Tire Market Sales, 2018-2023, 2024-2030, (K Units)
Global top five Passenger Tire companies in 2022 (%)
The global Passenger Tire market was valued at US$ million in 2022 and is projected to reach US$ million by 2029, at a CAGR of % during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
The U.S. Market is Estimated at $ Million in 2022, While China is Forecast to Reach $ Million.
Radial Tire Segment to Reach $ Million by 2029, with a % CAGR in next six years.
The global key manufacturers of Passenger Tire include Bridgestone Americas Tire Operations, Continental Tire the Americas, Cooper Tire & Rubber, Falken Tire, Giti Tires USA, Goodyear Tire and Rubber, Hankook Tire, Kumho Tire USA and Michelin North America, etc. in 2022, the global top five players have a share approximately % in terms of revenue.
We surveyed the Passenger Tire manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Passenger Tire Market, by Type, 2018-2023, 2024-2030 ($ Millions) & (K Units)
Global Passenger Tire Market Segment Percentages, by Type, 2022 (%)
Radial Tire
Bias Tire
Global Passenger Tire Market, by Application, 2018-2023, 2024-2030 ($ Millions) & (K Units)
Global Passenger Tire Market Segment Percentages, by Application, 2022 (%)
OEM
Aftermarket
Global Passenger Tire Market, By Region and Country, 2018-2023, 2024-2030 ($ Millions) & (K Units)
Global Passenger Tire Market Segment Percentages, By Region and Country, 2022 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Passenger Tire revenues in global market, 2018-2023 (Estimated), ($ millions)
Key companies Passenger Tire revenues share in global market, 2022 (%)
Key companies Passenger Tire sales in global market, 2018-2023 (Estimated), (K Units)
Key companies Passenger Tire sales share in global market, 2022 (%)
Further, the report presents profiles of competitors in the market, key players include:
Bridgestone Americas Tire Operations
Continental Tire the Americas
Cooper Tire & Rubber
Falken Tire
Giti Tires USA
Goodyear Tire and Rubber
Hankook Tire
Kumho Tire USA
Michelin North America
Nexen Tire America
Nitto Tire USA
Pirelli
Sumitomo Rubber Industries
Toyo Tire USA
Yokohama Tire
Outline of Major Chapters:
Chapter 1: Introduces the definition of Passenger Tire, market overview.
Chapter 2: Global Passenger Tire market size in revenue and volume.
Chapter 3: Detailed analysis of Passenger Tire manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Sales of Passenger Tire in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: Global Passenger Tire capacity by region & country.
Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 10: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 11: The main points and conclusions of the report.