The report on the Global Automotive Tire Market gives an estimation of the development of the market based on historical studies and also provides forecasts on the basis of comprehensive research. The report gives a complete market analysis for the forecasted period from 2020 to 2026. The market is divided into various segments with an in-depth outlook of the competitors and a listing of the profiled key players. The market size in terms of revenue (USD MN) is calculated and provided for the study period along with the dynamics of the market such as the drivers and the restraints.
Automotive tire is a ring shaped component manufactured from rubber which covers wheel’s rim and plays a very crucial role in automobile performance, speed, balance and efficiency. Tires are manufactured according to application types as high performance tires usually used in sports cars or Formula-1 racing cars are designed for high speeds, winter tires which are designed to work in low temperature conditions and various other application tires.
Drivers
- Increasing Demand for Light Passenger Vehicles & Heavy-Duty Vehicles
- Increasing Stringent Fuel Economy & Exhaust Emission Control Targets
Restraints
- Fluctuating raw materials prices
Report includes a detailed analysis on value chain in order to provide a holistic view of the automotive Tire market. Value chain analysis comprises detailed evaluation of the roles of various players involved in the automotive Tire market industry, from raw material suppliers to end-users.
Porter’s five forces model has been used to depict the impact of various factors such as:
- Degree of competition
- Bargaining power of suppliers
- Threat of substitutes
- Bargaining power of buyers
- Threat of new entrants during the forecast period
Market attractiveness analysis has been included in order to analyze the application segments that are estimated to be lucrative during the forecast period on the basis of their market size and growth rate. Attractiveness of the market has been derived from market size, profit margin, growth rate, and availability of raw materials, competition, and other factors such as social and legal constraints.
The automotive tire market has further been segmented based on type such as radial tire and bias tire. The study provides forecast and estimates market for each type in terms of revenue and volume during the forecast period from 2019 to 202. Each type has been further analyzed based on regional and country levels from 2019 to 2026 in terms of volume and revenue.
The automotive tire market has further been segmented based on applications such as passenger cars, light commercial vehicle, heavy commercial vehicle and two wheelers. The study provides forecast and estimates market for each type in terms of revenue and volume during the forecast period from 2019 to 2026. Each type has been further analyzed based on regional and country levels from 2019 to 2026 in terms of volume and revenue.
In terms of geography, the automotive tire market has been segmented into regions such as North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. The study provides a detailed view of country-level aspects of the market on the basis of application segments and estimates the market in terms of revenue and volume during the forecast period.
The report also offers a competitive landscape of the overall market with company profiles of players such as:
- Bridgestone Corporation
- Madras Rubber Factory Limited (MRF)
- Cavi Electrici e Affini Torino SpA (CEAT)
- Apollo Tyres Ltd.
- Michelin
- Goodyear Tire & Rubber Company
- Pirelli & C. SpA
- Yokohama Rubber Company
- Cooper Tire & Rubber Company
- Titan Tire Corporation
- Cheng Shin Rubber Industry Co.
- Toyo Tire & Rubber Co. Ltd.
- Continental AG
A detailed description of the each company has been included and includes information in terms of headquarters, inception, stock listing, upcoming capacities, key mergers & acquisitions, financial overview, and recent developments provides a thorough idea about the competitive positioning of market players. The report also provides automotive Tire market market's Mergers/acquisitions, Partnerships, Collaborations, New product launches, new product developments and other industry developments.
SEGMENTATIONS IN REPORT:
Automotive Tire Market by Type:
Automotive Tire Market by Application:
- Passenger Cars
- Light Commercial Vehicle
- Heavy Commercial Vehicle
- Two Wheelers
Automotive Tire Market by Geography:
- Asia Pacific
- North America
- Europe
- Latin America
- Middle East And Africa
The Global Automotive Tire Market has been exhibited in detail in the following some chapters -
Chapter 1 Automotive Tire Market Preface
Chapter 2 Executive Summary
Chapter 3 Automotive Tire Industry Analysis
Chapter 4 Automotive Tire Market Value Chain Analysis
Chapter 5 Automotive Tire Market Analysis By Type
Chapter 6 Automotive Tire Market Analysis By Application
Chapter 7 Automotive Tire Market Analysis By Geography
Chapter 8 Competitive Landscape Of Automotive Tire Companies
Chapter 9 Company Profiles Of Automotive Tire Industry
METHODOLOGY:
Combination of primary and secondary research has been used to determine the market estimates and forecasts. Sources used for secondary research include (but not limited to) Paid Data Sources, Company Websites, Technical Journals, Annual Reports, SEC Filings and various other industry publications. Specific Details on methodology used for this report can be provided on demand.