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Automotive Tire Market to Expand at 2.2% CAGR, Reaching USD 22.82 Billion by 2030

Submitted by manasi05 on Wed, 10/16/2024 - 01:15

Automotive Tire Market Overviews:

Maximize Market Research is an Automotive Tire Market research firm that has published a detailed analysis of the Automotive Tire Market. MMR's in-depth market assessments in research reports take into account significant technological advancements in the sector. In addition to other areas of expertise, focuses on the analysis of high-tech systems and advanced production systems. The Automotive Tire Market report includes key business insights, demand analysis, pricing analysis, and competitive landscape.

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Automotive Tire Market Scope and Methodology:

The Automotive Tire Market report offers an in-depth analysis of the global industry, highlighting key trends, drivers, challenges, and opportunities. It examines the current Automotive Tire Market landscape and future growth prospects, alongside competitive dynamics. The report's rigorous research methodology includes primary research with industry experts, market players, and key stakeholders, and secondary research from industry journals, company reports, government publications, and reliable databases. The information was analyzed using quantitative and qualitative techniques to provide accurate and reliable conclusions and recommendations, making the report a valuable resource for informed decision-making in the Automotive Tire Market.

Automotive Tire Market Regional Insights:

North America, Europe, Asia Pacific, Latin America, the Middle East, and Africa make up the majority of the Automotive Tire Market segments. The study includes a detailed analysis of the market size, growth rate, import and export by region, and other factors. The Automotive Tire Market status of the various countries featured in the research is provided by the regional analysis.

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Automotive Tire Market Segmentation:

by Vehicle Type

Passenger Cars
Light Trucks and SUVs
Commercial Vehicles
Two-Wheelers

The market is divided into four categories based on the kind of vehicle: passenger cars, light trucks and SUVs, commercial vehicles, and two-wheelers. The market was dominated by light trucks and SUVs in 2023, and this category is anticipated to continue to maintain the greatest share of the automotive tire market during the forecast period. SUVs and light trucks are preferred by consumers due to their off-road capability, payload capacity, and versatility. They therefore look for tires that go well with these car attributes. Many light vehicle and SUV consumers value the ability to travel off-road. Some of the tires in this category have robust construction and deeper treads for off-road use.

by Tire Type

Summer Tires
All-Season Tires
Winter Tires
Performance Tires
Run-Flat Tires
Off-Road Tires
Specialty Tires

Summer tires, all-season tires, winter tires, performance tires, run-flat tires, off-road tires, and specialty tires are the several categories into which the market is divided based on tire type. The All-Season Tires sector is anticipated to lead the automotive tire market during the forecast period, having had the biggest market share in 2023. All-season tires are made to function well in a variety of weather conditions, such as light snow, rain, and dry conditions.

by Rim Size

13"_15"
16"_18"
19"_21"
>21"

by End-User

OEM (Original Equipment Manufacturer)
Aftermarket

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Table of Content: Automotive Tire Market

Part 01: Executive Summary

Part 02: Scope of the Automotive Tire Market Report

Part 03: Global Automotive Tire Market Landscape

Part 04: Global Automotive Tire Market Sizing

Part 05: Global Automotive Tire Market Segmentation by Type

Part 06: Five Forces Analysis

Part 07: Customer Landscape

Part 08: Geographic Landscape

Part 09: Decision Framework

Part 10: Drivers and Challenges

Part 11: Market Trends

Part 12: Vendor Landscape

Part 13: Vendor Analysis

Automotive Tire Market Key Players:

1. Bridgestone Corporation
2. Michelin
3. Goodyear Tire & Rubber Company
4. Continental AG
5. Pirelli & C. S.p.A.
6. Sumitomo Rubber Industries
7. Hankook Tire Co. Ltd.
8. Cooper Tire & Rubber Company
9. Yokohama Rubber Co., Ltd.
10. Toyo Tire Corporation
11. Kumho Tire Co., Inc.
12. Nokian Tyres plc
13. MRF Ltd.
14. CEAT Ltd.
15. Apollo Tyres Ltd.
16. Nexen Tire Corporation
17. Hankook Tire America Corp.
18. Maxxis International
19. Giti Tire Group
20. Falken Tires

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Key questions answered in the Automotive Tire Market are:

What is Automotive Tire Market?
What is the growth rate of the Automotive Tire Market?
Which are the factors expected to drive the Automotive Tire Market growth?
What are the different segments of the Automotive Tire Market?
What growth strategies are the players considering to increase their presence in Automotive Tire Market?
What are the upcoming industry applications and trends for the Automotive Tire Market?
What are the recent industry trends that can be implemented to generate additional revenue streams for the Automotive Tire Market?
Who are the leading companies and what are their portfolios in Automotive Tire Market?
What segments are covered in the Automotive Tire Market?
Who are the key players in the Automotive Tire Market?
Key Offerings:

Past Market Size and Competitive Landscape
Past Pricing and price curve by region
Market Size, Share, Size & Forecast by Different Segment | 2024−2030
Market Dynamics – Growth Drivers, Restraints, Opportunities, and Key Trends by Region
Market Segmentation – A detailed analysis by segment with their sub-segments and Region
Competitive Landscape – Profiles of selected key players by region from a strategic perspective
Competitive landscape – Market Leaders, Market Followers, Regional player
Competitive benchmarking of key players by region
PESTLE Analysis
PORTER’s analysis
Value chain and supply chain analysis
Legal Aspects of Business by Region
Lucrative business opportunities with SWOT analysis
Recommendations
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