Automotive Tyre Market

The global Automotive Tyre market was valued at 13513.7 Million USD in 2021 and will grow with a CAGR of 3.44% from 2021 to 2027, based on Research newly published report.

The prime objective of Automotive Tyre Market is to provide the insights on the post COVID-19 impact which will help market players in this field evaluate their business approaches. Also, Automotive 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).

Automotive Tyre is a ring-shaped vehicle component that covers the wheel`s rim to protect it and enable better vehicle performance. Automotive Tyre provide traction between the vehicle and the road while providing a flexible cushion that absorbs shock.The Europe held the largest share in the global market, its revenue of global market exceeds 36% in 2018. The next is Asia Pacific.

By Market Verdors:

• Bridgestone
• GoodYear
• Continental
• Michelin
• Sumitomo
• Hankook
• Pirelli
• Yokohama
• Zhongce Rubber
• Toyo Tire Corporation
• Cooper Tire
• Apollo Tyres
• KUMHO TIRES
• Linglong Tire
• MRF
• Cheng Shin Rubber (Maxxis)
• Sailun Group
• Nokian Tyres
• Hengfeng Tires
• Triangle Tire Group
• JK TYRE
• AEOLUS TYRE
• Double Coin
• Doublestar
• Giti
• Xingyuan
• Guizhou Tyre
• Nexen Tire

By Types:

• OE Tyres
• Replacement Tyres

By Applications:

• Commercial Vehicle
• Passenger Vehicle

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 markets 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.
• Besides the standard structure reports, we also provide custom research according to specific requirements.