Automotive Tires Market Size, Share, Growth, Trends, Analysis and Forecast 2018 to 2026

According to a new market research report published by Credence Research, the global market value of automotive tires stood at US$ 155.29 billion in 2017 and is set to register a CAGR of 3.7% over the 2018-2026 forecast period.

Market Insights

The global automotive tire market is strongly driven by the increasing sales of passenger cars and commercial vehicles, especially in the Asia-Pacific region. Total automotive production in Asia Pacific reached 50 Mn in 2017, while regional sales exceeded 45 Mn in 2017. The market is also supported by a strong demand for replacement tires, which in turn propels the aftermarket segment of automotive tires. With a growing inclination towards better driving experience, the sales of performance tires have seen remarkable growth over the period. The market witnesses a trend of producing more fuel efficient tires as an aid towards reducing CO2 emissions caused by automotive vehicles.

Browse Full Report Originally Published by Credence Research at https://www.credenceresearch.com/report/automotive-tires-market

The automotive tire market is broadly segmented on the basis of tire type, tire size, design, tire assembly, aspect ratio, season, sales channel and vehicle class. By design, the segment of radial ply tires leads the market due to the high penetration of passenger cars. More than 85 per cent of total passenger cars worldwide are equipped with radial ply tires resulting in higher demand. Therefore, based on the type of tire, the fuel-efficient tire segment dominate the market, primarily due to large volume of passenger cars compared to other automotive vehicles.

Geographically, the market is led by Asia Pacific, with China representing the world’s largest automotive tire market, accounting for more than 1/3 of global demand. The automotive industry in Asia-Pacific has shown impressive growth, further supported by the development of the production sector. With an increasing population, increasing discretionary incomes and an increasing standard of living, people’s purchasing capacity has thus increased, playing a crucial role in the growth of the automotive industry.

Despite the presence of numerous regional as well as international companies, the automotive tires market is quite consolidated in nature. Michelin Group, Bridgestone Corporation, Goodyear Tire & Rubber Company and Continental AG are the major companies controlling more than 50% of the global market value. The market players face intense price wars majorly due to presence of regional players. In addition, significant number of Chinese tire manufacturers offering cheaper tires is another major factor impacting the profit margins of other companies. Thus, in order to sustain the competition, major companies emphasize on offering advanced tire technologies that provide enhanced safety and driving experience.

Other companies covered in the report include Sumitomo Rubber Industries, Ltd., Pirelli & C. S.p.A., Cooper Tire & Rubber Company, Yokohama Rubber Company, Qingdao Sentury Tire Co., Ltd., Hankook Tire Group, Hangzhou Zhongce Rubber Co., Ltd., China National Tire & Rubber Co., Ltd., Toyo Tire & Rubber Company, Apollo Tyres Ltd., CEAT Ltd., MRF Ltd. and JK Tyre & Industries Ltd. among others.

You can get the sample copy of this research by Credence Research here: https://www.credenceresearch.com/sample-request/59338

Table of Content

Chapter 1 Preface
1.1 Report Scope and Description
1.1.1 Study Purpose
1.1.2 Target Audience
1.1.3 USP and Key Offerings
1.2 Research Scope
1.3 Research Methodology
1.3.1 Phase I - Secondary Research
1.3.2 Phase II - Primary Research
1.3.3 Approach Adopted
1.3.4 Top-Down Approach
1.3.5 Bottom-Up Approach
1.3.6 Phase III - Expert Panel Review
1.3.7 Assumptions
 1.4 Market Segmentation

Chapter 2 Executive Summary
2.1 Market Snapshot: Global Automotive Tires Market
2.1.1 Global Automotive Tires Market, by Tire Type, 2017 (US$ Bn)
2.1.2 Global Automotive Tires Market, by Tire Size, 2017 (US$ Bn)
2.1.3 Global Automotive Tires Market, by Design, 2017 (US$ Bn)
2.1.4 Global Automotive Tires Market, by Tire Assembly, 2017 (US$ Bn)
2.1.5 Global Automotive Tires Market, by Aspect Ratio, 2017 (US$ Bn)
2.1.6 Global Automotive Tires Market, by Season, 2017 (US$ Bn)
2.1.7 Global Automotive Tires Market, by Sales Channel, 2017 (US$ Bn)
2.1.8 Global Automotive Tires Market, by Vehicle Class, 2017 (US$ Bn)
 2.1.9 Global Automotive Tires Market, by Geography, 2017 (US$ Bn)

Chapter 3 Market Dynamics
3.1 Introduction
3.2 Market Dynamics
3.2.1 Market Drivers
3.2.1.1 Rising Automotive Industry Worldwide
3.2.1.2 Increasing Spending in Aftermarket/Replacement Tires
3.2.2 Market Challenge
3.2.2.1 Government Standards and Intense Competition
3.3 Attractive Investment Proposition, by Geography, 2017
 3.4 Market Positioning of Key Automotive Tires Vendors, 2017

Chapter 4 Global Automotive Tires Market, by Tire Type
4.1 Overview
4.1.1 Global Automotive Tires Market Value Share, by Tire Type, 2017 & 2026 (Value, %)
4.2 Fuel Efficient Tires
4.2.1 Global Fuel Efficient Automotive Tires Market Value, 2016 - 2026 (US$ Bn)
4.3 High Performance Tires
4.3.1 Global High Performance Automotive Tires Market Value, 2016 - 2026 (US$ Bn)
4.4 All-terrain/Off-road Tires
4.4.1 Global All-terrain/Off-road Automotive Tires Market Value, 2016 - 2026 (US$ Bn)
4.5 Run-flat Tires
4.5.1 Global Run-flat Automotive Tires Market Value, 2016 - 2026 (US$ Bn)
4.6 Trailer Tires
 4.6.1 Global Trailer Automotive Tires Market Value, 2016 - 2026 (US$ Bn)

Chapter 5 Global Automotive Tires Market, by Tire Size
5.1 Overview
5.1.1 Global Automotive Tires Market Value Share, by Tire Size, 2017 & 2026 (Value, %)
5.2 12-14 inches
5.2.1 Global 12-14 inches Automotive Tires Market Value, 2016 - 2026 (US$ Bn)
5.3 15-17 inches
5.3.1 Global 15-17 inches Automotive Tires Market Value, 2016 - 2026 (US$ Bn)
5.4 18-22 inches
5.4.1 Global 18-22 inches Automotive Tires Market Value, 2016 - 2026 (US$ Bn)
5.5 Above 22 inches
 5.5.1 Global 'Above 22 inches' Automotive Tires Market Value, 2016 - 2026 (US$ Bn)

Chapter 6 Global Automotive Tires Market, by Design
6.1 Overview
6.1.1 Global Automotive Tires Market Value Share, by Design, 2017 & 2026 (Value, %)
6.2 Bias Ply Automotive Tires
6.2.1 Global Bias Ply Automotive Tires Market Value, 2016 - 2026 (US$ Bn)
6.3 Radial Ply Automotive Tires
 6.3.1 Global Radial Ply Automotive Tires Market Value, 2016 - 2026 (US$ Bn)

Chapter 7 Global Automotive Tires Market, by Tire Assembly
7.1 Overview
7.1.1 Global Automotive Tires Market Value Share, by Tire Assembly, 2017 & 2026 (Value, %)
7.2 Tubeless Tires
7.2.1 Global Tubeless Automotive Tires Market Value, 2016 - 2026 (US$ Bn)
7.3 Tubed Tires
 7.3.1 Global Tubed Automotive Tires Market Value, 2016 - 2026 (US$ Bn)

Chapter 8 Global Automotive Tires Market, by Aspect Ratio
8.1 Overview
8.1.1 Global Automotive Tires Market Value Share, by Aspect Ratio, 2017 & 2026 (Value, %)
8.2 30-45
8.2.1 Global Automotive Tires Market Value from 30-45 Aspect Ratio, 2016 - 2026 (US$ Bn)
8.3 50-70
8.3.1 Global Automotive Tires Market Value from 50-70 Aspect Ratio, 2016 - 2026 (US$ Bn)
8.4 75-85
 8.4.1 Global Automotive Tires Market Value from 75-85 Aspect Ratio, 2016 - 2026 (US$ Bn)

Chapter 9 Global Automotive Tires Market, by Season
9.1 Overview
9.1.1 Global Automotive Tires Market Value Share, by Season, 2017 & 2026 (Value, %)
9.2 All-season Tires
9.2.1 Global All-season Automotive Tires Market Value, 2016 - 2026 (US$ Bn)
9.3 Winter Tires
9.3.1 Global Winter Automotive Tires Market Value, 2016 - 2026 (US$ Bn)
9.4 Summer Tires
 9.4.1 Global Summer Automotive Tires Market Value, 2016 - 2026 (US$ Bn)

Chapter 10 Global Automotive Tires Market, by Sales Channel
10.1 Overview
10.1.1 Global Automotive Tires Market Value Share, by Sales Channel, 2017 & 2026 (Value, %)
10.2 Original Equipment Manufacturers (OEMs)
10.2.1 Global Automotive Tires Market Value from OEMs, 2016 - 2026 (US$ Bn)
10.3 Aftermarket
 10.3.1 Global Automotive Tires Market Value from Aftermarket, 2016 - 2026 (US$ Bn)

Chapter 11 Global Automotive Tires Market, by Vehicle Class
11.1 Overview
11.1.1 Global Automotive Tires Market Value Share, by Vehicle Class, 2017 & 2026 (Value, %)
11.2 Passenger Cars
11.2.1 Global Automotive Tires Market Value from Passenger Cars, 2016 - 2026 (US$ Bn)
11.3 Light Commercial Vehicles (LCVs)
11.3.1 Global Automotive Tires Market Value from LCVs, 2016 - 2026 (US$ Bn)
11.4 Heavy Commercial Vehicles (HCVs)
11.4.1 Global Automotive Tires Market Value from HCVs, 2016 - 2026 (US$ Bn)
11.5 Off-road Vehicles
 11.5.1 Global Automotive Tires Market Value from Off-road Vehicles, 2016 - 2026 (US$ Bn)

Chapter 12 North America Automotive Tires Market Analysis, 2016 - 2026 (US$ Bn)
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Chapter 13 Europe Automotive Tires Market Analysis, 2016 - 2026 (US$ Bn)
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Chapter 14 Asia Pacific Automotive Tires Market Analysis, 2016 - 2026 (US$ Bn)
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Chapter 15 Rest of the World (RoW) Automotive Tires Market Analysis, 2016 - 2026 (US$ Bn)
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You can get the sample copy of this research by Credence Research here: https://www.credenceresearch.com/sample-request/59338

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