A rubber tire is a component fitted around the rim of a wheel to transfer the load of a vehicle from the axle to the ground. Majority of the tires are pneumatically inflated that offer a flexible cushion with shock absorption when the tire travels over a rough surface. The automotive tire market is segmented on the basis of season type, vehicle type, rim size, distribution channel, and region.
Moreover, it is consists of tread, jointless cap piles, beads, and other materials, which include synthetic rubber, carbon black, and fabric. There is an increase in the demand for tires due to the rise in the demand for vehicle production to cater to the surge in requirement of vehicles across all segments. Thus, the tire demand is ultimately governed by automobile production.
At present, Asia-Pacific dominates the market, followed by Europe, North America, and LAMEA. China dominated the global tire system market in 2019, whereas India is expected to grow at a significant rate in Asia-Pacific during the forecast period.
The automotive tire market is segmented into season type, vehicle type, rim size, distribution channel, and region. By season type, it is divided into summer, winter and all season tires. By vehicle type, it is divided into passenger car, commercial vehicle, and electric vehicle. The commercial vehicles segment is further divided into light & heavy commercial vehicles. By rim size, the market is categorized into less than 15 inch, 15 to 20 inch, and more than 20 inch. By distribution channel, it is bifurcated into OEM and aftermarket. By region, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA.
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Comprehensive competitive analysis and profiles of major market players such as Bridgestone Corporation, Continental corporation, MICHELIN, Pirelli Tyre C. S.p.A. (China National Chemical Corporation), The Goodyear Tire & Rubber Company, Toyo Tire Corporation, Sumitomo Rubber Industries Ltd, The Yokohama Rubber Co., Ltd, Hankook Tire & Technology Co., Ltd., and Nokian Tyres plc are also provided in this report.
KEY BENEFITS FOR STAKEHOLDERS
This study presents the analytical depiction of the automotive tire market along with the current trends and future estimations to depict the imminent investment pockets.
The overall market potential is determined to understand the profitable trends to enable stakeholders gain a stronger foothold in the market.
The report presents information related to key drivers, restraints, and opportunities with detailed impact analysis.
The current market is quantitatively analyzed from 2019 to 2027 to highlight the financial competency of the market.
Porters five forces analysis illustrates the potency of the buyers and suppliers.
KEY MARKET SEGMENTS
By Season Type
Summer
Winter
All Season
By Vehicle Type
o Passenger Car
o Commercial Vehicle
Light Commercial
Heavy commercial
o Electric Vehicle
By Rim Size
o Less than 15
o 15 to 20
o More than 20
By Distribution Channel
o OEM
o Aftermarket
By Region
o North America
U.S.
Canada
Mexico
o Europe
UK
Germany
Russia
France
Rest of Europe
o Asia-Pacific
China
Japan
India
Australia
Rest of Asia-Pacific
o LAMEA
Latin America
Middle East
Africa
CHAPTER 1:INTRODUCTION
1.1.Report description
1.2.Key benefits for stakeholders
1.3.Key market segments
1.4.Research methodology
1.4.1.Primary research
1.4.2.Secondary research
1.4.3.Analyst tools and models
CHAPTER 2:EXECUTIVE SUMMARY
2.1.CXO perspective
CHAPTER 3:MARKET OVERVIEW
3.1.Market definition and scope
3.2.Key findings
3.2.1.Top impacting factors
3.2.2.Top investment pockets
3.2.3.Top winning strategies
3.3.Porters five forces analysis
3.4.Market share analysis
3.5.Market dynamics
3.5.1.Drivers
3.5.1.1.Increase in automotive production & sales across different vehicles segment
3.5.1.2.Rise in competition among tire manufacturers
3.5.1.3.Introduction of advanced technology in the manufacturing process.
3.5.2.Restraints
3.5.2.1.Volatile prices of raw materials.
3.5.2.2.Development in the market of retreading tires
3.5.3.Opportunities
3.5.3.1.Advancement in Technology
3.5.3.2.Fuel Efficiency and Safety Concerns.
3.6.Impact of COVID-19 on Automotive Tire Market
3.7.Automotive tire market pricing analysis, by vehicle type and supply chain
CHAPTER 4:AUTOMOTIVE TIRE MARKET, BY SEASON TYPE
4.1.Overview
4.2.Summer
4.2.1.Key market trends, growth factors and opportunities
4.2.2.Market size and forecast, by region
4.2.3.Key players market share, by region
4.2.4.Market analysis by country
4.3.Winter
4.3.1.Key market trends, growth factors, and opportunities
4.3.2.Market size and forecast, by region
4.3.3.Key players market share, by region
4.3.4.Market analysis by country
4.4.All season
4.4.1.Key market trends, growth factors, and opportunities
4.4.2.Market size and forecast, by region
4.4.3.Key players market share, by region
4.4.4.Market analysis by country
CHAPTER 5:AUTOMOTIVE TIRE MARKET, BY RIM SIZE
5.1.Overview
5.2.Less than 15 inches
5.2.1.Key market trends, growth factors and opportunities
5.2.2.Market size and forecast, by region
5.2.3.Key players market share, by region
5.2.4.Market analysis by country
5.3.15-20 inch
5.3.1.Key market trends, growth factors and opportunities
5.3.2.Market size and forecast, by region
5.3.3.Key players market share, by region
5.3.4.Market analysis by country
5.4.More than 20 inch
5.4.1.Key market trends, growth factors, and opportunities
5.4.2.Market size and forecast, by region
5.4.3.Key players market share, by region
5.4.4.Market analysis by country
CHAPTER 6:AUTOMOTIVE TIRE MARKET, BY VEHICLE TYPE
6.1.Overview
6.2.Passenger vehicle
6.2.1.Key market trends, growth factors and opportunities
6.2.2.Market size and forecast, by region
6.2.3.Key players market share, by region
6.2.4.Market analysis by country
6.3.Commercial vehicle
6.3.1.Key market trends, growth factors, and opportunities
6.3.2.Market size and forecast, by region
6.3.3.Light commercial vehicles
6.3.4.Heavy commercial vehicles
6.3.5.Key players market share, by region
6.3.6.Market analysis by country
6.4.Electric vehicle
6.4.1.Key market trends, growth factors, and opportunities
6.4.2.Market size and forecast, by region
6.4.3.Key players market share, by region
6.4.4.Market analysis by country
CHAPTER 7:AUTOMOTIVE TIRE MARKET, BY DISTRIBUTION CHANNEL
7.1.Overview
7.2.OEM
7.2.1.Key market trends, growth factors and opportunities
7.2.2.Market size and forecast, by region
7.2.3.Key players market share, by region
7.2.4.Market analysis by country
7.3.Aftermarket
7.3.1.Key market trends, growth factors, and opportunities
7.3.2.Market size and forecast, by region
7.3.3.Key players market share, by region
7.3.4.Market analysis by country
CHAPTER 8:AUTOMOTIVE TIRE MARKET, BY REGION
8.1.Overview
8.2.North America
8.2.1.Key market trends, growth factors, and opportunities
8.2.2.Market size and forecast, by season type
8.2.3.Market size and forecast, by rim size
8.2.4.Market size and forecast, by Vehicle Type
8.2.5.Market size and forecast, by distribution channel
8.2.6.Market analysis by country
8.2.6.1.U.S.
8.2.6.1.1.Market size and forecast, by season type
8.2.6.1.2.Market size and forecast, by rim size
8.2.6.1.3.Market size and forecast, by Vehicle Type
8.2.6.1.4.Market size and forecast, by distribution channel
8.2.6.2.Canada
8.2.6.2.1.Market size and forecast, by season type
8.2.6.2.2.Market size and forecast, by rim size
8.2.6.2.3.Market size and forecast, by Vehicle Type
8.2.6.2.4.Market size and forecast, by distribution channel
8.2.6.3.Mexico
8.2.6.3.1.Market size and forecast, by season type
8.2.6.3.2.Market size and forecast, by rim size
8.2.6.3.3.Market size and forecast, by Vehicle Type
8.2.6.3.4.Market size and forecast, by distribution channel
8.3.Europe
8.3.1.Key market trends, growth factors, and opportunities
8.3.2.Market size and forecast, by season type
8.3.3.Market size and forecast, by rim size
8.3.4.Market size and forecast, by Vehicle Type
8.3.5.Market size and forecast, by distribution channel
8.3.6.Market analysis by country
8.3.6.1.UK
8.3.6.1.1.Market size and forecast, by season type
8.3.6.1.2.Market size and forecast, by rim size
8.3.6.1.3.Market size and forecast, by Vehicle Type
8.3.6.1.4.Market size and forecast, by distribution channel
8.3.6.2.Germany
8.3.6.2.1.Market size and forecast, by season type
8.3.6.2.2.Market size and forecast, by rim size
8.3.6.2.3.Market size and forecast, by Vehicle Type
8.3.6.2.4.Market size and forecast, by distribution channel
8.3.6.3.France
8.3.6.3.1.Market size and forecast, by season type
8.3.6.3.2.Market size and forecast, by rim size
8.3.6.3.3.Market size and forecast, by Vehicle Type
8.3.6.3.4.Market size and forecast, by distribution channel
8.3.6.4.Russia
8.3.6.4.1.Market size and forecast, by season type
8.3.6.4.2.Market size and forecast, by rim size
8.3.6.4.3.Market size and forecast, by Vehicle Type
8.3.6.4.4.Market size and forecast, by distribution channel
8.3.6.5.Rest of Europe
8.3.6.5.1.Market size and forecast, by season type
8.3.6.5.2.Market size and forecast, by rim size
8.3.6.5.3.Market size and forecast, by Vehicle Type
8.3.6.5.4.Market size and forecast, by distribution channel
8.4.Asia-Pacific
8.4.1.Key market trends, growth factors, and opportunities
8.4.2.Market size and forecast, by season type
8.4.3.Market size and forecast, by rim size
8.4.4.Market size and forecast, by Vehicle Type
8.4.5.Market size and forecast, by distribution channel
8.4.6.Market analysis by country
8.4.6.1.China
8.4.6.1.1.Market size and forecast, by season type
8.4.6.1.2.Market size and forecast, by rim size
8.4.6.1.3.Market size and forecast, by Vehicle Type
8.4.6.1.4.Market size and forecast, by distribution channel
8.4.6.2.Japan
8.4.6.2.1.Market size and forecast, by season type
8.4.6.2.2.Market size and forecast, by rim size
8.4.6.2.3.Market size and forecast, by Vehicle Type
8.4.6.2.4.Market size and forecast, by distribution channel
8.4.6.3.India
8.4.6.3.1.Market size and forecast, by season type
8.4.6.3.2.Market size and forecast, by rim size
8.4.6.3.3.Market size and forecast, by Vehicle Type
8.4.6.3.4.Market size and forecast, by distribution channel
8.4.6.4.Australia
8.4.6.4.1.Market size and forecast, by season type
8.4.6.4.2.Market size and forecast, by rim size
8.4.6.4.3.Market size and forecast, by Vehicle Type
8.4.6.4.4.Market size and forecast, by distribution channel
8.4.6.5.Rest of Asia-Pacific
8.4.6.5.1.Market size and forecast, by season type
8.4.6.5.2.Market size and forecast, by rim size
8.4.6.5.3.Market size and forecast, by Vehicle Type
8.4.6.5.4.Market size and forecast, by distribution channel
8.5.LAMEA
8.5.1.Key market trends, growth factors, and opportunities
8.5.2.Market size and forecast, by season type
8.5.3.Market size and forecast, by rim size
8.5.4.Market size and forecast, by Vehicle Type
8.5.5.Market size and forecast, by distribution channel
8.5.6.Market analysis by country
8.5.6.1.Latin America
8.5.6.1.1.Market size and forecast, by season type
8.5.6.1.2.Market size and forecast, by rim size
8.5.6.1.3.Market size and forecast, by Vehicle Type
8.5.6.1.4.Market size and forecast, by distribution channel
8.5.6.2.Middle East
8.5.6.2.1.Market size and forecast, by season type
8.5.6.2.2.Market size and forecast, by rim size
8.5.6.2.3.Market size and forecast, by Vehicle Type
8.5.6.2.4.Market size and forecast, by distribution channel
8.5.6.3.Africa
8.5.6.3.1.Market size and forecast, by season type
8.5.6.3.2.Market size and forecast, by rim size
8.5.6.3.3.Market size and forecast, by Vehicle Type
8.5.6.3.4.Market size and forecast, by distribution channel
CHAPTER 9:COMPANY PROFILES
9.1.BRIDGESTONE GROUP
9.1.1.Company overview
9.1.2.Company snapshot
9.1.3.Operating business segments
9.1.4.Product portfolio
9.1.5.Business performance
9.1.6.Key strategic moves and developments
9.1.7.4 Ps
9.1.8.3 Cs
9.1.9.STP
9.1.10.SWOT
9.2.CONTINENTAL AG
9.2.1.Company overview
9.2.2.Company snapshot
9.2.3.Operating business segments
9.2.4.Product portfolio
9.2.5.Business performance
9.2.6.Key strategic moves and developments
9.2.7.4 Ps
9.2.8.3 Cs
9.2.9.STP
9.2.10.SWOT
9.3.THE GOODYEAR TIRE & RUBBER COMPANY
9.3.1.Company overview
9.3.2.Company snapshot
9.3.3.Operating business segments
9.3.4.Product portfolio
9.3.5.Business performance
9.3.6.Key strategic moves and developments
9.3.7.4 Ps
9.3.8.3 Cs
9.3.9.STP
9.3.10.SWOT
9.4.HANKOOK TIRE & TECHNOLOGY CO., LTD.
9.4.1.Company overview
9.4.2.Company snapshot
9.4.3.Business performance
9.4.4.Key strategic moves and developments
9.4.5.4 Ps
9.4.6.3 Cs
9.4.7.STP
9.4.8.SWOT
9.5.MICHELIN
9.5.1.Company overview
9.5.2.Company snapshot
9.5.3.Operating business segments
9.5.4.Product portfolio
9.5.5.Business performance
9.5.6.Key strategic moves and developments
9.5.7.4 Ps
9.5.8.3 Cs
9.5.9.STP
9.5.10.SWOT
9.6.NOKIAN YRES PLC.
9.6.1.Company overview
9.6.2.Company snapshot
9.6.3.Operating business segments
9.6.4.Business performance
9.6.5.Key strategic moves and developments
9.6.6.4 Ps
9.6.7.3 Cs
9.6.8.STP
9.6.9.SWOT
9.7.PIRELLI & C. S.P.A
9.7.1.Company overview
9.7.2.Company snapshot
9.7.3.Product portfolio
9.7.4.Business performance
9.7.5.Key strategic moves and developments
9.7.6.4 Ps
9.7.7.3 Cs
9.7.8.STP
9.7.9.SWOT
9.8.SUMITOMO RUBBER INDUSTRIES LTD.
9.8.1.Company overview
9.8.2.Company snapshot
9.8.3.Operating business segments
9.8.4.Product portfolio
9.8.5.Business performance
9.8.6.Key strategic moves and developments
9.8.7.4 Ps
9.8.8.3 Cs
9.8.9.STP
9.8.10.SWOT
9.9.THE YOKOHAMA RUBBER CO., LTD.
9.9.1.Company overview
9.9.2.Company snapshot
9.9.3.Operating business segments
9.9.4.Product portfolio
9.9.5.Business performance
9.9.6.Key strategic moves and developments
9.9.7.4 Ps
9.9.8.3 Cs
9.9.9.STP
9.9.10.SWOT
9.10.TOYO TIRE CORPORATION
9.10.1.Company overview
9.10.2.Company snapshot
9.10.3.Operating business segments
9.10.4.Business performance
9.10.5.4 Ps
9.10.6.3 Cs
9.10.7.STP
9.10.8.SWOT