Global Tires Market Size 2024-2031 by Recent Developments, Market Drivers and Share Analysis
The Tires Market report lists Michelin, Bridgestone, GoodYear, Continental, Sumitomo, Pirelli, Hankook, Yokohama, Zhongce Rubber, Apollo Tyres, Toyo Tire Corporation, Zhengxin tires, Giti, Linglong tires, MRF, Nexen Tire, Sailun Tire, Kumho Tire, Nokian Tyres, Double Coin Group, Triangle Tire Group, Guizhou Tyre, Kenda Tires, Qingdao Double Star Tire among the mentioned manufacturers.
The “Tires Market Size” report offers a thorough understanding of the market, delivering a comprehensive overview of the industry along with detailed insights into its various components and stakeholders. It examines market dynamics, trends, challenges, and opportunities within the Tires industry. The report includes an analysis of the market on a macro level, covering aspects such as market sizing, segmentation, industry analysis, regional analysis, and future projections. Additionally, it gathers data on the overall market size, including sales volume (in units), revenue generated, and market share across different types and applications.
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Market Analysis and Insights: Global Tires Market
The global Tires market size was valued at USD 177840 million in 2023 and is forecast to a readjusted size of USD 238890 million by 2030 with a CAGR of 4.3% during review period.
Tires are ring-shaped elastic rubber products that roll on the ground and are assembled on various vehicles or machinery. Usually installed on a metal rim, it can support the body, buffer external impacts, achieve contact with the road and ensure the driving performance of the vehicle.
Tires are often used under complex and harsh conditions. They are subject to various deformations, loads, and high and low temperature effects when driving. Therefore, they must have high load-bearing performance, traction performance, and cushioning performance. At the same time, high wear resistance and flex resistance, as well as low rolling resistance and heat generation are also required.
The key players of Tires include Bridgestone, Michelin and GoodYear, etc. The top three players hold a share over 21%. Asia-Pacific is the largest market, has a share about 34%. In terms of product type, Replacement Tires is the largest segment, occupied for a share of about 79%, and in terms of application, Automotive Tire has a share about 83 percent.
The Global Info Research report includes an overview of the development of the Tires industry chain, the market status of Automotive Tire (Replacement Tires, OE Tires), Aero Tire (Replacement Tires, OE Tires), and key enterprises in developed and developing market, and analysed the cutting-edge technology, patent, hot applications and market trends of Tires.
Regionally, the report analyzes the Tires markets in key regions. North America and Europe are experiencing steady growth, driven by government initiatives and increasing consumer awareness. Asia-Pacific, particularly China, leads the global Tires market, with robust domestic demand, supportive policies, and a strong manufacturing base.
Market segmentation
Tires market is split by Type and by Application. For the period 2019-2030, the growth among segments provide accurate calculations and forecasts for sales by Type and by Application in terms of volume and value. This analysis can help you expand your business by targeting qualified niche markets.
The major players covered in the Tires market report are:
- Michelin
- Bridgestone
- GoodYear
- Continental
- Sumitomo
- Pirelli
- Hankook
- Yokohama
- Zhongce Rubber
- Apollo Tyres
- Toyo Tire Corporation
- Zhengxin tires
- Giti
- Linglong tires
- MRF
- Nexen Tire
- Sailun Tire
- Kumho Tire
- Nokian Tyres
- Double Coin Group
- Triangle Tire Group
- Guizhou Tyre
- Kenda Tires
- Qingdao Double Star Tire
Market segment by Type, covers
- Replacement Tires
- OE Tires
Market segment by Application can be divided into
- Automotive Tire
- Aero Tire
- Agricultural Tire
- Engineering Tire
- Racing Tire
- Bicycle Tire
- Motorcycle/ATV Tire
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Market segment by region, regional analysis covers
- North America (United States, Canada and Mexico)
- Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
- Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
- South America (Brazil, Argentina, Colombia, and Rest of South America)
- Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)
The content of the study subjects, includes a total of 15 chapters:
- Chapter 1, to describe Tires product scope, market overview, market estimation caveats and base year.
- Chapter 2, to profile the top manufacturers of Tires, with price, sales, revenue and global market share of Tires from 2019 to 2024.
- Chapter 3, the Tires competitive situation, sales quantity, revenue and global market share of top manufacturers are analysed emphatically by landscape contrast.
- Chapter 4, the Tires breakdown data are shown at the regional level, to show the sales quantity, consumption value and growth by regions, from 2019 to 2030.
- Chapter 5 and 6, to segment the sales by Type and application, with sales market share and growth rate by type, application, from 2019 to 2030.
- Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value and market share for key countries in the world, from 2017 to 2023.and Tires market forecast, by regions, type and application, with sales and revenue, from 2025 to 2030.
- Chapter 12, market dynamics, drivers, restraints, trends and Porters Five Forces analysis.
- Chapter 13, the key raw materials and key suppliers, and industry chain of Tires.
- Chapter 14 and 15, to describe Tires sales channel, distributors, customers, research findings and conclusion.
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Questions answered in the Tires market research report:
- What is the Tires market size?
- What are the market driving factors behind the Tires market?
- What are the market trends and forecast for the global Tires market?
- What are the trends and forecasts based on market research and analysis of Tires market segmentation by type, application, and geography?
- Which are the major global Tires companies?
- What is the CAGR and Revenue expected in future?
Detailed TOC of Global Tires Market 2024 by Manufacturers, Regions, Type and Application, Forecast to 2030
1 Tires Market Overview
1.1 Introduction
1.2 Market Analysis by Type
1.2.1 Overview: Global Revenue by Type: 2017 Versus 2021 Versus 2030
1.3 Market Analysis by Application
1.4 Global Market Size & Forecast
1.4.1 Global Sales in Value (2017 & 2021 & 2030)
1.4.2 Global Sales in Volume (2019-2030)
1.4.3 Global Price (2019-2030)
1.5 Global Production Capacity Analysis
1.5.1 Global Total Production Capacity (2019-2030)
1.5.2 Global Production Capacity by Geographic Region
1.6 Market Drivers, Restraints and Trends
1.6.1 Tires Market Drivers
1.6.2 Tires Market Restraints
1.6.3 Tires Trends Analysis
2 Manufacturers Profiles
2.1 Manufacture 1
2.1.1 Manufacture 1 Details
2.1.2 Manufacture 1 Major Business
2.1.3 Manufacture 1 Tires Product and Services
2.1.4 Manufacture 1 Tires Sales, Price, Revenue, Gross Margin and Market Share (2019, 2020, 2021, and 2024)
2.2 Manufacture 2
2.2.1 Manufacture 2 Details
2.2.2 Manufacture 2 Major Business
2.2.3 Manufacture 2 Tires Product and Services
2.2.4 Manufacture 2 Tires Sales, Price, Revenue, Gross Margin and Market Share (2019, 2020, 2021, and 2024)
2.3 Manufacture 3
2.3.1 Manufacture 3 Details
2.3.2 Manufacture 3 Major Business
2.3.3 Manufacture 3 Tires Product and Services
2.3.4 Manufacture 3 Tires Sales, Price, Revenue, Gross Margin and Market Share (2019, 2020, 2021, and 2024)
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3 Tires Breakdown Data by Manufacturer
3.1 Global Tires Sales in Volume by Manufacturer (2019, 2020, 2021, and 2024)
3.2 Global Tires Revenue by Manufacturer (2019, 2020, 2021, and 2024)
3.3 Key Manufacturer Market Position in Tires
3.4 Market Concentration Rate
3.4.1 Top 3 Tires Manufacturer Market Share in 2021
3.4.2 Top 6 Tires Manufacturer Market Share in 2021
3.5 Global Tires Production Capacity by Company: 2021 VS 2024
3.6 Manufacturer by Geography: Head Office and Tires Production Site
3.7 New Entrant and Capacity Expansion Plans
3.8 Mergers & Acquisitions
4 Tires Market Analysis by Region
4.1 Global Market Size by Region
4.1.1 Global Sales in Volume by Region (2019-2030)
4.1.2 Global Revenue by Region (2019-2030)
4.2 North America Tires Revenue (2019-2030)
4.3 Europe Tires Revenue (2019-2030)
4.4 Asia-Pacific Revenue (2019-2030)
4.5 South America Revenue (2019-2030)
4.6 Middle East and Africa Revenue (2019-2030)
5 Tires Market Segment by Type
5.1 Global Sales in Volume by Type (2019-2030)
5.2 Global Revenue by Type (2019-2030)
5.3 Global Price by Type (2019-2030)
6 Tires Market Segment by Application
6.1 Global Sales in Volume by Application (2019-2030)
6.2 Global Revenue by Application (2019-2030)
6.3 Global Price by Application (2019-2030)
7 North America by Country, by Type, and by Application
7.1 North America Tires Sales by Type (2019-2030)
7.2 North America Tires Sales by Application (2019-2030)
7.3 North America Tires Market Size by Country
7.3.1 North America Tires Sales in Volume by Country (2019-2030)
7.3.2 North America Tires Revenue by Country (2019-2030)
7.3.3 United States Market Size and Forecast (2019-2030)
7.3.4 Canada Market Size and Forecast (2019-2030)
7.3.5 Mexico Market Size and Forecast (2019-2030)
8 Europe by Country, by Type, and by Application
8.1 Europe Tires Sales by Type (2019-2030)
8.2 Europe Tires Sales by Application (2019-2030)
8.3 Europe Tires Market Size by Country
8.3.1 Europe Tires Sales in Volume by Country (2019-2030)
8.3.2 Europe Tires Revenue by Country (2019-2030)
8.3.3 Germany Market Size and Forecast (2019-2030)
8.3.4 France Market Size and Forecast (2019-2030)
8.3.5 United Kingdom Market Size and Forecast (2019-2030)
8.3.6 Russia Market Size and Forecast (2019-2030)
8.3.7 Italy Market Size and Forecast (2019-2030)
9 Asia-Pacific by Region, by Type, and by Application
9.1 Asia-Pacific Tires Sales by Type (2019-2030)
9.2 Asia-Pacific Tires Sales by Application (2019-2030)
9.3 Asia-Pacific Tires Market Size by Region
9.3.1 Asia-Pacific Tires Sales in Volume by Region (2019-2030)
9.3.2 Asia-Pacific Tires Revenue by Region (2019-2030)
9.3.3 China Market Size and Forecast (2019-2030)
9.3.4 Japan Market Size and Forecast (2019-2030)
9.3.5 Korea Market Size and Forecast (2019-2030)
9.3.6 India Market Size and Forecast (2019-2030)
9.3.7 Southeast Asia Market Size and Forecast (2019-2030)
9.3.8 Australia Market Size and Forecast (2019-2030)
10 South America by Region, by Type, and by Application
10.1 South America Tires Sales by Type (2019-2030)
10.2 South America Tires Sales by Application (2019-2030)
10.3 South America Tires Market Size by Country
10.3.1 South America Tires Sales in Volume by Country (2019-2030)
10.3.2 South America Tires Revenue by Country (2019-2030)
10.3.3 Brazil Market Size and Forecast (2019-2030)
10.3.4 Argentina Market Size and Forecast (2019-2030)
11 Middle East & Africa by Country, by Type, and by Application
11.1 Middle East & Africa Tires Sales by Type (2019-2030)
11.2 Middle East & Africa Tires Sales by Application (2019-2030)
11.3 Middle East & Africa Tires Market Size by Country
11.3.1 Middle East & Africa Tires Sales in Volume by Country (2019-2030)
11.3.2 Middle East & Africa Tires Revenue by Country (2019-2030)
11.3.3 Turkey Market Size and Forecast (2019-2030)
11.3.4 Egypt Market Size and Forecast (2019-2030)
11.3.5 Saudi Arabia Market Size and Forecast (2019-2030)
11.3.6 South Africa Market Size and Forecast (2019-2030)
12 Raw Material and Industry Chain
12.1 Raw Material of Tires and Key Manufacturers
12.2 Manufacturing Costs Percentage of Tires
12.3 Tires Production Process
12.4 Tires Industrial Chain
13 Sales Channel, Distributors, Traders and Dealers
13.1 Sales Channel
13.1.1 Direct Marketing
13.1.2 Indirect Marketing
13.2 Tires Typical Distributors
13.3 Tires Typical Customers
14 Research Findings and Conclusion
15 Appendix
15.1 Methodology
15.2 Research Process and Data Source
15.3 Disclaimer
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