Automotive Tyre is 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 tyres are pneumatically inflated structures, which also provide a flexible cushion that absorbs shock as the tyres 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.
This report contains market size and forecasts of Auto Tyre in global, including the following market information:
Global Auto Tyre Market Revenue, 2017-2022, 2023-2028, ($ millions)
Global Auto Tyre Market Sales, 2017-2022, 2023-2028, (M Units)
Global top five Auto Tyre companies in 2021 (%)
The global Auto Tyre market was valued at 142620 million in 2021 and is projected to reach US$ 194060 million by 2028, at a CAGR of 4.5% during the forecast period.
The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.
OE Tyres Segment to Reach $ Million by 2028, with a % CAGR in next six years.
The global key manufacturers of Auto Tyre include Bridgestone, GoodYear, Continental, Michelin, Sumitomo, Hankook, Pirelli, Yokohama and Zhongce Rubber, etc. In 2021, the global top five players have a share approximately % in terms of revenue.
MARKET MONITOR GLOBAL, INC (MMG) has surveyed the Auto Tyre 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 Auto Tyre Market, by Type, 2017-2022, 2023-2028 ($ Millions) & (M Units)
Global Auto Tyre Market Segment Percentages, by Type, 2021 (%)
OE Tyres
Replacement Tyres
Global Auto Tyre Market, by Application, 2017-2022, 2023-2028 ($ Millions) & (M Units)
Global Auto Tyre Market Segment Percentages, by Application, 2021 (%)
Passenger Vehicle
Commercial Vehicle
Global Auto Tyre Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions) & (M Units)
Global Auto Tyre Market Segment Percentages, By Region and Country, 2021 (%)
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 Auto Tyre revenues in global market, 2017-2022 (Estimated), ($ millions)
Key companies Auto Tyre revenues share in global market, 2021 (%)
Key companies Auto Tyre sales in global market, 2017-2022 (Estimated), (M Units)
Key companies Auto Tyre sales share in global market, 2021 (%)
Further, the report presents profiles of competitors in the market, key players include:
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