Automotive Tires market size is projected to reach US$ 312640 million by 2026, from US$ 218460 million in 2020, at a CAGR of 6% during 2021-2027.
Tires are important for vehicles because they protect the wheel rims. The rapid growth of the automotive sector in all sectors drives the growth of the automotive tire market. The major factors driving the growth of the automotive tire market are intensifying competition among global tire manufacturers and extending vehicle life.
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Following are the segments covered by the report are:
- Bias Tire
- Radial Tire
By Application:
- Compact Vehicle
- Mid-Sized Vehicle
- Premium Vehicle
- Luxury Vehicle
- Commercial Vehicles
- SUV
The Key manufacturers that are operating in the global Automotive Tires market are:
- Nokian Tyres
- Yokohama
- Goodyear
- Triangle Group
- Maxxis
- Uniroyal
- Nexen
- BFGoodrich
- LEGO Group’s
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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 2021; 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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