Global Pneumatic Tires Market Size study & Forecast, by Type (Replacement Tires, OEM) by Vehicle Type (Two wheelers, Four Wheelers, Passenger Cars, Aircraft, Others), by Product Type (Radial Tires, Cross-ply Tires) and Regional Analysis, 2023-2030

Global Pneumatic Tires Market Size study & Forecast, by Type (Replacement Tires, OEM) by Vehicle Type (Two wheelers, Four Wheelers, Passenger Cars, Aircraft, Others), by Product Type (Radial Tires, Cross-ply Tires) and Regional Analysis, 2023-2030


Global Pneumatic Tires Market is valued at approximately USD 329.2 billion in 2022 and is anticipated to grow with a healthy growth rate of more than 7.0% over the forecast period 2023-2030. Pneumatic Tires are a type of tire which is inflated with air that enhances the tires loading capacity and improves the overall performance of the vehicle. They are most used on cars, trucks, and other vehicles that travel on roads and are also used on aircraft, bicycles, and other types of vehicles. Pneumatic tires are becoming more popular in the automotive industry due to increased performance qualities such as efficiency, traction, and fuel economy. Features such as damping, and deformation are anticipated to propel growth in the transportation sector. With a greater emphasis on safety, there is a rising need for tires that can perform well in a variety of weather situations and give improved grip also Increased government spending on defence aircraft and road infrastructure, as well as increasing R&D investment and activities for new product advancements, would benefit the pneumatic tire industry.

Over the course of the forecast period, the market for pneumatic tires is anticipated to rise due to the expansion of commercial vehicle manufacturing. Due to qualities such as damping and deformation that allow a vehicle to easily move over various environments and terrains, pneumatic tires play a crucial role in the transportation sectors. According to the International Energy Agency (IEA), in 2022, Global sales of electric cars increased by around 60% surpassing 10 million for the first time, as a result, one in every seven passenger cars bought globally in 2022 was an EV. According to IBEF, In December 2022, the total production of passenger vehicles, three-wheelers, two-wheelers, and quadricycles was 1,557,238 units. For instance, India's vehicle sector grew by 9.5% year over year to 4.2 million units, making it the fourth largest in the world. Additionally, increasing R&D activities help to create an opportunity for the manufacturers also the global presence of a significant number of automobile fuels that need tire replacement, which reduces fuel efficiency and offers lucrative opportunities. However, the rising trend of retreading tires and changing raw material prices are impeding the market expansion of the Pneumatic Tires market growth throughout the forecast period of 2023-2030.

The key regions considered for the Global Pneumatic Tires Market study includes Asia Pacific, North America, Europe, Latin America, and Middle East & Africa. Asia Pacific dominated the market in 2022 owing to Increased vehicle sales and production in the region are expected to boost demand for pneumatic tires in the region. Population growth, consumer disposable income growth, and demographic changes are factors driving the growth of the automotive tire market. North America is expected to grow significantly during the forecast period, owing to the high demand for four-wheelers is predicted to give substantial growth prospects, and the presence of important market players, together with increased R&D expenditure for the development of new tires, is expected to boost demand in this area. Technological advancements and improvements, as well as the continuous expansion of the vehicle sector, particularly in the United States, are expected to drive demand over the projection period.

Major market player included in this report are:
Michelin
Continental AG
Bridgestone Corporation
Cooper Tire & Rubber Company
The Goodyear Tire & Rubber Company
Hankook Tire & Technology Co. Ltd
The Yokohama Rubber Co. Ltd.
Sumitomo Rubber Industries Ltd
Pirelli& C.SPA
Kumho Tire Co., Inc.

Recent Developments in the Market:
 In October 2022, Michelin announced the introduction of the 26X11N14 Tweel UTV tire increasing its Tweel UTV product portfolio to serve to the larger carrying capacities of construction, landscaping and rental vehicles. The tire is 2.8 inches wider, has a speed rating of 100 km/h, and can carry up to 600 kg, providing a better load capacity for UTVs.

Global Pneumatic Tires Market Report Scope:
 Historical Data – 2020 - 2021
 Base Year for Estimation – 2022
 Forecast period - 2023-2030
 Report Coverage - Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends
 Segments Covered - Type, Vehicle Type, Product Type, Region
 Regional Scope - North America; Europe; Asia Pacific; Latin America; Middle East & Africa

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.

The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players.

The detailed segments and sub-segment of the market are explained below:

By Type:
Replacement Tires
OEM

By Vehicle Type:
Two wheelers
Four Wheelers
Passenger Cars
Aircraft
Others

By Product Type:
Radial Tires
Cross-ply Tires

By Region:

North America
U.S.
Canada

Europe
UK
Germany
France
Spain
Italy
ROE

Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC

Latin America
Brazil
Mexico

Middle East & Africa
Saudi Arabia
South Africa
Rest of Middle East & Africa

Companies Mentioned
Michelin
Continental AG
Bridgestone Corporation
Cooper Tire & Rubber Company
The Goodyear Tire & Rubber Company
Hankook Tire & Technology Co. Ltd
The Yokohama Rubber Co. Ltd.
Sumitomo Rubber Industries Ltd
Pirelli& C.SPA
Kumho Tire Co., Inc.

Please note:The single user license is non-downloadable and non-printable. Global Site license allows these actions.


Chapter 1. Executive Summary
1.1. Market Snapshot
1.2. Global & Segmental Market Estimates & Forecasts, 2020-2030 (USD Billion)
1.2.1. Pneumatic Tires Market, by Region, 2020-2030 (USD Billion)
1.2.2. Pneumatic Tires Market, by Type, 2020-2030 (USD Billion)
1.2.3. Pneumatic Tires Market, by Vehicle Type, 2020-2030 (USD Billion)
1.2.4. Pneumatic Tires Market, by Product Type, 2020-2030 (USD Billion)
1.3. Key Trends
1.4. Estimation Methodology
1.5. Research Assumption
Chapter 2. Global Pneumatic Tires Market Definition and Scope
2.1. Objective of the Study
2.2. Market Definition & Scope
2.2.1. Industry Evolution
2.2.2. Scope of the Study
2.3. Years Considered for the Study
2.4. Currency Conversion Rates
Chapter 3. Global Pneumatic Tires market Dynamics
3.1. Pneumatic Tires Market Impact Analysis (2020-2030)
3.1.1. Market Drivers
3.1.1.1. Increasing Technology Advancements
3.1.1.2. Growth in automobile sector
3.1.2. Market Challenges
3.1.2.1. Growing trend of retreading
3.1.3. Market Opportunities
3.1.3.1. Fuel Efficiency and safety concerns
3.1.3.2. Growing Demand for SUVs and Electric Vehicles
Chapter 4. Global Pneumatic Tires Market Industry Analysis
4.1. Porter’s 5 Force Model
4.1.1. Bargaining Power of Suppliers
4.1.2. Bargaining Power of Buyers
4.1.3. Threat of New Entrants
4.1.4. Threat of Substitutes
4.1.5. Competitive Rivalry
4.2. Porter’s 5 Force Impact Analysis
4.3. PEST Analysis
4.3.1. Political
4.3.2. Economical
4.3.3. Social
4.3.4. Technological
4.3.5. Environmental
4.3.6. Legal
4.4. Top investment opportunity
4.5. Top winning strategies
4.6. COVID-19 Impact Analysis
4.7. Disruptive Trends
4.8. Industry Expert Perspective
4.9. Analyst Recommendation & Conclusion
Chapter 5. Global Pneumatic Tires Market, by Type
5.1. Market Snapshot
5.2. Global Pneumatic Tires Market by Type, Performance - Potential Analysis
5.3. Global Pneumatic Tires Market Estimates & Forecasts by Type 2020-2030 (USD Billion)
5.4. Pneumatic Tires Market, Sub Segment Analysis
5.4.1. Replacement Tires
5.4.2. OEM
Chapter 6. Global Pneumatic Tires Market, by Vehicle Type
6.1. Market Snapshot
6.2. Global Pneumatic Tires Market by Vehicle Type, Performance - Potential Analysis
6.3. Global Pneumatic Tires Market Estimates & Forecasts by Vehicle Type 2020-2030 (USD Billion)
6.4. Pneumatic Tires Market, Sub Segment Analysis
6.4.1. Two wheelers
6.4.2. Four Wheelers
6.4.3. Passenger Cars
6.4.4. Aircraft
6.4.5. Others
Chapter 7. Global Pneumatic Tires Market, by Product Type
7.1. Market Snapshot
7.2. Global Pneumatic Tires Market by Product Type, Performance - Potential Analysis
7.3. Global Pneumatic Tires Market Estimates & Forecasts by Product Type 2020-2030 (USD Billion)
7.4. Pneumatic Tires Market, Sub Segment Analysis
7.4.1. Radial Tires
7.4.2. Cross-ply Tires
Chapter 8. Global Pneumatic Tires Market, Regional Analysis
8.1. Top Leading Countries
8.2. Top Emerging Countries
8.3. Pneumatic Tires Market, Regional Market Snapshot
8.4. North America Pneumatic Tires Market
8.4.1. U.S. Pneumatic Tires Market
8.4.1.1. Type breakdown estimates & forecasts, 2020-2030
8.4.1.2. Vehicle Type breakdown estimates & forecasts, 2020-2030
8.4.1.3. Product Type breakdown estimates & forecasts, 2020-2030
8.4.2. Canada Pneumatic Tires Market
8.5. Europe Pneumatic Tires Market Snapshot
8.5.1. U.K. Pneumatic Tires Market
8.5.2. Germany Pneumatic Tires Market
8.5.3. France Pneumatic Tires Market
8.5.4. Spain Pneumatic Tires Market
8.5.5. Italy Pneumatic TiresMarket
8.5.6. Rest of Europe Pneumatic TiresMarket
8.6. Asia-Pacific Pneumatic TiresMarket Snapshot
8.6.1. China Pneumatic TiresMarket
8.6.2. India Pneumatic TiresMarket
8.6.3. Japan Pneumatic TiresMarket
8.6.4. Australia Pneumatic TiresMarket
8.6.5. South Korea Pneumatic TiresMarket
8.6.6. Rest of Asia Pacific Pneumatic TiresMarket
8.7. Latin America Pneumatic TiresMarket Snapshot
8.7.1. Brazil Pneumatic TiresMarket
8.7.2. Mexico Pneumatic TiresMarket
8.8. Middle East & Africa Pneumatic TiresMarket
8.8.1. Saudi Arabia Pneumatic TiresMarket
8.8.2. South Africa Pneumatic TiresMarket
8.8.3. Rest of Middle East & Africa Pneumatic TiresMarket
Chapter 9. Competitive Intelligence
9.1. Key Company SWOT Analysis
9.1.1. Company 1
9.1.2. Company 2
9.1.3. Company 3
9.2. Top Market Strategies
9.3. Company Profiles
9.3.1. Michelin
9.3.1.1. Key Information
9.3.1.2. Overview
9.3.1.3. Financial (Subject to Data Availability)
9.3.1.4. Product Summary
9.3.1.5. Recent Developments
9.3.2. Continental AG
9.3.3. Bridgestone Corporation
9.3.4. Cooper Tire & Rubber Company
9.3.5. The Goodyear Tire & Rubber Company
9.3.6. Hankook Tire & Technology Co. Ltd.
9.3.7. The Yokohama Rubber Co. Ltd.
9.3.8. Sumitomo Rubber Industries Ltd
9.3.9. Pirelli& C.SPA
9.3.10. Kumho Tire Co., Inc.
Chapter 10. Research Process
10.1. Research Process
10.1.1. Data Mining
10.1.2. Analysis
10.1.3. Market Estimation
10.1.4. Validation
10.1.5. Publishing
10.2. Research Attributes
10.3. Research Assumption
List of Tables
TABLE 1. Global Pneumatic TiresMarket, report scope
TABLE 2. Global Pneumatic TiresMarket estimates & forecasts by Region 2020-2030 (USD Billion)
TABLE 3. Global Pneumatic TiresMarket estimates & forecasts by Type 2020-2030 (USD Billion)
TABLE 4. Global Pneumatic TiresMarket estimates & forecasts by Vehicle Type 2020-2030 (USD Billion)
TABLE 5. Global Pneumatic TiresMarket estimates & forecasts by Product Type 2020-2030 (USD Billion)
TABLE 6. Global Pneumatic TiresMarket by segment, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 7. Global Pneumatic TiresMarket by region, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 8. Global Pneumatic TiresMarket by segment, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 9. Global Pneumatic TiresMarket by region, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 10. Global Pneumatic TiresMarket by segment, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 11. Global Pneumatic TiresMarket by region, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 12. Global Pneumatic TiresMarket by segment, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 13. Global Pneumatic TiresMarket by region, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 14. Global Pneumatic TiresMarket by segment, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 15. Global Pneumatic TiresMarket by region, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 16. U.S. Pneumatic TiresMarket estimates & forecasts, 2020-2030 (USD Billion)
TABLE 17. U.S. Pneumatic TiresMarket estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 18. U.S. Pneumatic TiresMarket estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 19. Canada Pneumatic TiresMarket estimates & forecasts, 2020-2030 (USD Billion)
TABLE 20. Canada Pneumatic TiresMarket estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 21. Canada Pneumatic TiresMarket estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 22. UK Pneumatic TiresMarket estimates & forecasts, 2020-2030 (USD Billion)
TABLE 23. UK Pneumatic TiresMarket estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 24. UK Pneumatic TiresMarket estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 25. Germany Pneumatic TiresMarket estimates & forecasts, 2020-2030 (USD Billion)
TABLE 26. Germany Pneumatic TiresMarket estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 27. Germany Pneumatic TiresMarket estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 28. France Pneumatic TiresMarket estimates & forecasts, 2020-2030 (USD Billion)
TABLE 29. France Pneumatic TiresMarket estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 30. France Pneumatic TiresMarket estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 31. Italy Pneumatic TiresMarket estimates & forecasts, 2020-2030 (USD Billion)
TABLE 32. Italy Pneumatic TiresMarket estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 33. Italy Pneumatic TiresMarket estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 34. Spain Pneumatic TiresMarket estimates & forecasts, 2020-2030 (USD Billion)
TABLE 35. Spain Pneumatic TiresMarket estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 36. Spain Pneumatic TiresMarket estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 37. RoE Pneumatic TiresMarket estimates & forecasts, 2020-2030 (USD Billion)
TABLE 38. RoE Pneumatic TiresMarket estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 39. RoE Pneumatic TiresMarket estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 40. China Pneumatic TiresMarket estimates & forecasts, 2020-2030 (USD Billion)
TABLE 41. China Pneumatic TiresMarket estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 42. China Pneumatic TiresMarket estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 43. India Pneumatic TiresMarket estimates & forecasts, 2020-2030 (USD Billion)
TABLE 44. India Pneumatic TiresMarket estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 45. India Pneumatic TiresMarket estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 46. Japan Pneumatic TiresMarket estimates & forecasts, 2020-2030 (USD Billion)
TABLE 47. Japan Pneumatic TiresMarket estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 48. Japan Pneumatic TiresMarket estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 49. South Korea Pneumatic TiresMarket estimates & forecasts, 2020-2030 (USD Billion)
TABLE 50. South Korea Pneumatic TiresMarket estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 51. South Korea Pneumatic TiresMarket estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 52. Australia Pneumatic TiresMarket estimates & forecasts, 2020-2030 (USD Billion)
TABLE 53. Australia Pneumatic TiresMarket estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 54. Australia Pneumatic TiresMarket estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 55. RoAPAC Pneumatic TiresMarket estimates & forecasts, 2020-2030 (USD Billion)
TABLE 56. RoAPAC Pneumatic TiresMarket estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 57. RoAPAC Pneumatic TiresMarket estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 58. Brazil Pneumatic TiresMarket estimates & forecasts, 2020-2030 (USD Billion)
TABLE 59. Brazil Pneumatic TiresMarket estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 60. Brazil Pneumatic TiresMarket estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 61. Mexico Pneumatic TiresMarket estimates & forecasts, 2020-2030 (USD Billion)
TABLE 62. Mexico Pneumatic TiresMarket estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 63. Mexico Pneumatic TiresMarket estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 64. RoLA Pneumatic TiresMarket estimates & forecasts, 2020-2030 (USD Billion)
TABLE 65. RoLA Pneumatic TiresMarket estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 66. RoLA Pneumatic TiresMarket estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 67. Saudi Arabia Pneumatic TiresMarket estimates & forecasts, 2020-2030 (USD Billion)
TABLE 68. South Africa Pneumatic TiresMarket estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 69. RoMEA Pneumatic TiresMarket estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 70. List of secondary sources, used in the study of global Pneumatic TiresMarket
TABLE 71. List of primary sources, used in the study of global Pneumatic TiresMarket
TABLE 72. Years considered for the study
TABLE 73. Exchange rates considered
List of tables and figures are dummy in nature, final lists may vary in the final deliverable
List of figures
FIGURE 1. Global Pneumatic TiresMarket, research methodology
FIGURE 2. Global Pneumatic TiresMarket, Market estimation techniques
FIGURE 3. Global Market size estimates & forecast methods
FIGURE 4. Global Pneumatic TiresMarket, key trends 2022
FIGURE 5. Global Pneumatic TiresMarket, growth prospects 2023-2030
FIGURE 6. Global Pneumatic TiresMarket, porters 5 force model
FIGURE 7. Global Pneumatic TiresMarket, pest analysis
FIGURE 8. Global Pneumatic TiresMarket, value chain analysis
FIGURE 9. Global Pneumatic TiresMarket by segment, 2020 & 2030 (USD Billion)
FIGURE 10. Global Pneumatic TiresMarket by segment, 2020 & 2030 (USD Billion)
FIGURE 11. Global Pneumatic TiresMarket by segment, 2020 & 2030 (USD Billion)
FIGURE 12. Global Pneumatic TiresMarket by segment, 2020 & 2030 (USD Billion)
FIGURE 13. Global Pneumatic TiresMarket by segment, 2020 & 2030 (USD Billion)
FIGURE 14. Global Pneumatic TiresMarket, regional snapshot 2020 & 2030
FIGURE 15. North America Pneumatic TiresMarket 2020 & 2030 (USD Billion)
FIGURE 16. Europe Pneumatic TiresMarket 2020 & 2030 (USD Billion)
FIGURE 17. Asia pacific Pneumatic TiresMarket 2020 & 2030 (USD Billion)
FIGURE 18. Latin America Pneumatic TiresMarket 2020 & 2030 (USD Billion)
FIGURE 19. Middle East & Africa Pneumatic TiresMarket 2020 & 2030 (USD Billion)
List of tables and figures are dummy in nature, final lists may vary in the final deliverable

Download our eBook: How to Succeed Using Market Research

Learn how to effectively navigate the market research process to help guide your organization on the journey to success.

Download eBook
Cookie Settings