Global Automotive Tire Market 2023 – Key Growth Factor Analysis & Research Study

Bharat Book Bureau Provides the Trending Market Research Report on “Global Automotive Tire Market Research Report: Forecast to 2023” under Heavy Industry Category. The report offers a collection of superior market research, market analysis, competitive intelligence and industry reports.

A tire is a circular component, which fits on a circular rim and carries the vehicle load as well as it provides the vehicle, better road grip. The vehicle load is transferred through axles to the tire. The automotive tires are made up of synthetic rubber, wire, natural rubber and fabric. The tires are made up with ply cords and plies. The rim attached to the tire helps insert air pressure in the tire to seal the flanges of the wheel rim. The tire and rim form an airtight seal, which does not allow the tire to puncture easily. Innovation in automotive tires have resulted in the emergence of tubeless tires, which do not require inner tubes unlike traditional tires, which have low durability.

Governments across the world are promoting nanomaterials, which are both, eco-friendly and cost-effective. Various automotive tire manufacturers are investing heavily to produce highly durable, and affordable tires. Increase in demand for low rolling resistance tires, tire retreading and recycling, and cost-effective durable tires, drive the automotive tire market.

For study, global Automotive Tire Market has been segmented based on type, section width, end market, vehicle type and region. Based on type, the market has been segmented into radial, bias segments. Amongst them, radial tire segment has the largest market size due to wide and rigid construction.

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On the basis of section width, the market is segmented into 200 mm, 200-230 mm, 230 mm. Among these, 200-230 mm segment has the largest market share due to suitable for cars, mid-size SUVs, and some light trucks. Also, 200-230 mm tire is the most common section width and has a long tread life, which inhibits them to offer excellent steering control. On the basis of vehicle type, the market is segmented into passenger car, and commercial vehicle. Passenger car segment dominates the market, with ~70 billion passenger cars sold globally in 2017. Such growth of the segment propels the demand of tires in the automotive industry.

Based on end-use, the market is segmented into OEM and aftermarket. Aftermarket segment dominates the market, as there has been a surge in the average life of vehicles due to the introduction of new advanced tires and integration with advanced technologies. Based on regions, the market is segmented into North America, Europe, Asia-Pacific, and Rest of the world.

Table of Contents
1 Executive Summary
2 Market Introduction
2.1 Definition
2.2 Scope of the Study
2.3 List of Assumptions
2.4 Market Structure
3 Research Methodology
3.1 Research Process
3.2 Primary Research
3.3 Secondary Research
3.4 Market Size Estimation
3.5 Forecast Model
4 Market Dynamics
4.1 Introduction
4.2 Drivers
4.2.1 Longer Average Life Spans of Vehicles
4.2.2 Growing Demand for High-Performance Tires
4.2.3 Drivers Impact Analysis
4.3 Restraints
4.3.1 Particulate Matter Emissions by Tires
4.3.2 Rising Crude Oil Prices to Hit Tire Manufacturers
4.3.3 Growing Need to Lower Prices
4.3.4 Restraints Impact Analysis
4.4 Opportunities
4.4.1 Emerging Economies Present Opportunities
5 Market Factor Analysis
5.1 Value Chain Analysis
5.1.1 Raw Material Supply
5.1.2 Manufacturing
5.1.3 Distribution
5.1.4 End-Users
5.2 Porter’s Five Forces Model
5.2.1 Threat of New Entrants
5.2.2 Bargaining Power of Suppliers
5.2.3 Bargaining Power of Buyers
5.2.4 Threat of Substitute
5.2.5 Segment Rivalry
6 Global Automotive Tire Market, By Type
6.1 Overview
6.1.1 Radial
6.1.1.1 Passenger Car Radial
6.1.1.2 Bus Radial
6.1.1.3 Truck Radial
6.1.2 Bias
7 Global Automotive Tire Market, By Section Width
7.1 Overview
7.1.1 200 Mm
7.1.2 200-230mm
7.1.3 230mm
8 Global Automotive Tire Market, By Vehicle Type
8.1 Overview
8.1.1 Passenger Car
8.1.2 Commercial Vehicle
9 Global Automotive Tire Market, By End Market
9.1 Overview
9.1.1 OEM
9.1.2 Aftermarket
10 Global Automotive Tire Market, By Region
10.1 Introduction
10.2 North America
10.2.1 U.S.
10.2.2 Canada
10.3 Europe
10.3.1 Germany
10.3.2 U.K.
10.3.3 Spain
10.3.4 France
10.3.5 Rest of Europe
10.4 Asia Pacific
10.4.1 China
10.4.2 Japan
10.4.3 India
10.4.4 Rest of Asia Pacific
10.5 Rest of the World
10.5.1 Middle East & Africa
10.5.2 Latin America
11 Competitive Landscape
11.1 Competitive Landscape
11.2 Competitive Benchmarking
11.3 Market Share Analysis
11.4 Major Key Growth Strategies
12 Company Profile
12.1 Bridgestone Corporation
12.1.1 Company Overview
12.1.2 Financial Overview
12.1.3 Services Offerings
12.1.4 Key Developments
12.1.5 SWOT Analysis
12.1.6 Key Strategy
12.2 Michelin Group
12.2.1 Company Overview
12.2.2 Financial Overview
12.2.3 Services Offerings
12.2.4 Key Developments
12.2.5 SWOT Analysis
12.2.6 Key Strategy
12.3 The Goodyear Tire & Rubber Company
12.3.1 Company Overview
12.3.2 Financial Overview
12.3.3 Products Offerings
12.3.4 Key Developments
12.3.5 SWOT Analysis
12.3.6 Key Strategy
12.4 Continental AG
12.4.1 Company Overview
12.4.2 Financial Overview
12.4.3 Products Offerings
12.4.4 Key Developments
12.4.5 SWOT Analysis
12.4.6 Key Strategy
12.5 Hankook Tire Co., Ltd.
12.5.1 Company Overview
12.5.2 Financial Overview
12.5.3 Products Offerings
12.5.4 Key Developments
12.5.5 SWOT Analysis
12.5.6 Key Strategy
12.6 Cooper Tire & Rubber Company
12.6.1 Company Overview
12.6.2 Financial Overview
12.6.3 Products Offerings
12.6.4 Key Developments
12.6.5 SWOT Analysis
12.6.6 Key Strategy
12.7 Sumitomo Rubber Industries, Ltd.
12.7.1 Company Overview
12.7.2 Financial Overview
12.7.3 Services Offerings
12.7.4 Key Developments
12.7.5 SWOT Analysis
12.7.6 Key Strategy
12.8 Toyo Tire & Rubber Co., Ltd.
12.8.1 Company Overview
12.8.2 Financial Overview
12.8.3 Services Offerings
12.8.4 Key Developments
12.8.5 SWOT Analysis
12.8.6 Key Strategy
12.9 Yokohama Rubber Co. Ltd.
12.9.1 Company Overview
12.9.2 Financial Overview
12.9.3 Services Offerings
12.9.4 Key Developments
12.9.5 SWOT Analysis
12.9.6 Key Strategy
12.1 Pirelli
12.10.1 Company Overview
12.10.2 Financial Overview
12.10.3 Services Offerings
12.10.4 Key Developments
12.10.5 SWOT Analysis
12.10.6 Key Strategy

List of Tables
Market Synopsis
List Of Assumptions
Intensity Of Wear Of A Tire Protector
Global Automotive Tire Market, By Type, 2016-2023 (Usd Billion)
Radial: Global Automotive Tire Market, By Sub-Segment, 2016-2023 (Usd Billion)
Automotive Tire Market, By Section Width, 2016-2023 (Usd Billion)
Global Automotive Tire Market, By Vehicle Type, 2016-2023 (Usd Billion)
Global Automotive Tire Market, By End Market, 2016-2023 (Usd Billion)
Global Automotive Tire Market, By Region, 2016-2023 (Usd Billion)
North America: Automotive Tire Market, By Country, 2016-2023 (Usd Billion)

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