Truck-Bus Tires are primarily designed for the truck & bus which are more than 21 ft. in size & more than 10,000 lbs. in gross weight of the vehicle. The TBR tires are manufactured with the purpose of supporting transportation services. Since these vehicles have maximum travel time on highways, they are specifically designed with the features such as adaptive sidewalls for comfortable driving, low heating of tire at high speeds, higher impediment against tread-related harm, and provide benefit of low fuel consumption to enhance performance & durability. Players involved in manufacturing of tires are continually engaged on new innovations in truck and bus tire technology.
This report contains market size and forecasts of Truck-Bus Tires in global, including the following market information:
Global Truck-Bus Tires Market Revenue, 2017-2022, 2023-2028, ($ millions)
Global Truck-Bus Tires Market Sales, 2017-2022, 2023-2028, (K Units)
Global top five Truck-Bus Tires companies in 2021 (%)
The global Truck-Bus Tires market was valued at million in 2021 and is projected to reach US$ million by 2028, at a CAGR of % during the forecast period.
The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.
OEM Tire Segment to Reach $ Million by 2028, with a % CAGR in next six years.
The global key manufacturers of Truck-Bus Tires include Bridgestone, Sumitomo Rubber, Yokohama and Toyo Tire, etc. In 2021, the global top five players have a share approximately % in terms of revenue.
MARKET MONITOR GLOBAL, INC (MMG) has surveyed the Truck-Bus Tires 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 Truck-Bus Tires Market, by Type, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global Truck-Bus Tires Market Segment Percentages, by Type, 2021 (%)
OEM Tire
Replacement Tire
Global Truck-Bus Tires Market, by Application, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global Truck-Bus Tires Market Segment Percentages, by Application, 2021 (%)
Truck
Bus
Global Truck-Bus Tires Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global Truck-Bus Tires 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 Truck-Bus Tires revenues in global market, 2017-2022 (Estimated), ($ millions)
Key companies Truck-Bus Tires revenues share in global market, 2021 (%)
Key companies Truck-Bus Tires sales in global market, 2017-2022 (Estimated), (K Units)
Key companies Truck-Bus Tires sales share in global market, 2021 (%)
Further, the report presents profiles of competitors in the market, key players include:
Bridgestone
Sumitomo Rubber
Yokohama
Toyo Tire