Automotive Tire Market size was valued at US$ 150.76 Billion in 2024 and the total Automotive Tire Market revenue is expected to grow at 6.32% through 2025 to 2032, reaching nearly US$ 246.15 Billion.
Automotive Tire Market Overview:
Stellar Market Research provides a brief description of Automotive Tire industry. The research completely provides a detailed analysis of regional insights into the Automotive Tire market, as well as its changing trends, industry environment, and market-leading elements. The research's scope covers a thorough analysis of the Automotive Tire Market as well as the causes of regional differences in the industry's growth.
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Market Scope:
The report provides a detailed analysis of the Automotive Tire market size and shares of global and regional presence. It provides Automotive Tire market overview, and definition, as well as preventative and pre-planned management. Automotive Tire Market report provides in-depth analysis, and understanding of trends, drivers, challenges, restraints, and opportunities. It also aids in determining the potential of Automotive Tire Market, in the forecast years. The report provides an analysis of the major key players in the Automotive Tire market in terms of their size, market share, market growth, revenue, production volume, and profitability in each region which helps to understand the Automotive Tire market structure. SWOT analysis is conducted to find the strengths and weaknesses of the Automotive Tire market. Top-down and bottom-up strategies, as well as other data triangulation techniques, were frequently used throughout the market engineering process to conduct market estimating and forecasting for the market segments and sub-segments detailed in this research study.
Segmentation:
by Vehicle Type
Passenger Cars
LCV (Light Commercial Vehicles)
HCV (Heavy Commercial Vehicles)
by Tire type
Radial
Bias
by Material
13-15
16-18
19-21
>21 inches
by Sales Channel
• OEM
• Aftermarket
Regional Analysis
Automotive Tire Region dominated the Automotive Tire Market in 2023 and is expected to witness significant growth during the forecast period. The regional market growth is generated by the growing Automotive Tire industry and rising income concerning Europe, Asia Pacific, South America, the Middle East, and Africa. The existing environment and projected trends serve as the foundation for the market evaluation. In the regional and country sections, a detailed analysis of the factors influencing the Automotive Tire market growth and changes in market regulation that impact current and future market trends are also discussed.
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Key Players of the Automotive Tire Market profiled in the report include…..
The Goodyear Tire & Rubber Company (USA)
Pirelli & C.S.p.A. (Italy)
Apollo Tyres Ltd. (India)
CEAT Ltd. (Italy)
China National Tire & Rubber Co. Ltd. (China)
Cooper Tire & Rubber Co., Ltd. (UK)
Giti Tire (Singapore)
Bridgestone Corporation (Japan)
Continental AG (Germany)
Michelin (France)
Sumitomo Rubber Industries, Ltd. (Japan)
Toyo Tire & Rubber Co., Ltd. (Japan)
Yokohoma Tire Corporation (Japan)
Maxxis International (Taiwan)
Cheng Shin Rubber Industry Co. (China)
Hangzhou Zhongce Rubber Co., Ltd. (China)
Hankook Tire (South Korea)
JK Tyre & Industries Ltd. (India)
Kumho Tire Co., Inc. (South Korea)
Nexen Tire Corporation (South Korea)
Nokian Tyres plc (Finland)
Qingdao Fullrun Tyre Corp., Ltd. (China)
Key Questions answered in the Automotive Tire Market Report are:
- Which region held the largest market share in the Automotive Tire Market?
- What is the expected Automotive Tire market size by 2030?
- Which factors are the opportunities for the Automotive Tire market growth?
- What are investment opportunities for the Automotive Tire market?
- What are the recent industry trends that were implemented to generate additional revenue streams for the Automotive Tire Market?
- Which segment dominates the Automotive Tire Market?
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About Stellar Market Research:
Stellar Market Research is a multifaceted market research and consulting company with professionals from several industries. Some of the industries we cover include science and engineering, electronic components, industrial equipment, technology, and communication, cars, and automobiles, chemical products and substances, general merchandise, beverages, personal care, and automated systems. To mention a few, we provide market-verified industry estimations, technical trend analysis, crucial market research, strategic advice, competition analysis, production and demand analysis, and client impact studies.
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