The automotive tires market is expected to register a CAGR of 6%, during the forecast period, 2021-2027.
This growth is driven by a number of factors, such as increased people’s propensity to sports such as car and bicycle racing and extreme terrain rally. OEMs use these events as a platform to market their products and increase brand visibility. As the disposable income of customers residing in emerging economies increases, the demand for high-capacity vehicles such as SUVs and crossover vehicles is increasing.
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Key participants include Continental Group, Cooper & Rubber Company, Hankook Co. Ltd., Goodyear & Rubber Company, Michelin Group, Pirelli, Sumitomo Rubber Industries, Ltd., The Bridgestone Group, Toyo & Rubber Co. Ltd. and Yokohama Rubber Co. Ltd.
By Tire Type
- Winter Tires
- Summer Tires
- All Season Tires
- Other Tire Types (Luxury Touring and Racing/Sport (Usually Non-grooved Tires))
By End User
- OEM
- Replacement/Aftermarket
By Vehicle Types
- Passenger Cars
- Light Commercial Vehicles
- Heavy Commercial Vehicles
- Other Vehicle Types (All-terrain Vehicles, Recreational Vehicles))
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Scope of the Report
The research study analyzes the global Automotive Tires industry from 360-degree analysis of the market thoroughly delivering insights into the market for better business decisions, considering multiple aspects some of which are listed below as:
Recent Developments
o Market Overview and growth analysis
o Import and Export Overview
o Volume Analysis
o Current Market Trends and Future Outlook
o Market Opportunistic and Attractive Investment Segment
Geographic Coverage
o North America Market Size and/or Volume
o Latin America Market Size and/or Volume
o Europe Market Size and/or Volume
o Asia-Pacific Market Size and/or Volume
o Rest of the world Market Size and/or Volume
Key Questions Answered by Automotive Tires Market Report
1. What was the Automotive Tires Market size in 2018 and 2019; what are the estimated growth trends and market forecast (2021-2027).
- What will be the CAGR of Automotive Tires Market during the forecast period (2021-2027)?
3. Which segments (product type/applications/end-user) were most attractive for investments in 2018? How these segments are expected to grow during the forecast period (2021-2027).
4. Which manufacturer/vendor/players in the Automotive Tires Market was the market leader in 2018?
5. Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.
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