Global Tires Market Research Report 2023(Status and Outlook)
Report Overview
Tire is in a variety of vehicles or machinery assembled on the ground rolling ring elastic rubber products. Usually mounted on metal rims, it can support the body, cushion the external impact, achieve contact with the road and ensure the vehicle performance. Tires are often used under complex and harsh conditions. They bear various deformation, load, force and high and low temperature when driving, so they must have higher bearing capacity, traction capacity and buffer capacity. At the same time, it also requires high wear resistance and flexural resistance, as well as low rolling resistance and thermogenesis. Half of the world's rubber consumption in tire production, tire consumption capacity can be seen.
The Global Tires Market Size was estimated at USD 22810.00 million in 2022 and is projected to reach USD 28244.63 million by 2029, exhibiting a CAGR of 3.10% during the forecast period.
Bosson Research’s latest report provides a deep insight into the global Tires market covering all its essential aspects. This ranges from a macro overview of the market to micro details of the market size, competitive landscape, development trend, niche market, key market drivers and challenges, SWOT analysis, Porter’s five forces analysis, value chain analysis, etc.
The analysis helps the reader to shape the competition within the industries and strategies for the competitive environment to enhance the potential profit. Furthermore, it provides a simple framework for evaluating and accessing the position of the business organization. The report structure also focuses on the competitive landscape of the Global Tires Market, this report introduces in detail the market share, market performance, product situation, operation situation, etc. of the main players, which helps the readers in the industry to identify the main competitors and deeply understand the competition pattern of the market.
In a word, this report is a must-read for industry players, investors, researchers, consultants, business strategists, and all those who have any kind of stake or are planning to foray into the Tires market in any manner.
Global Tires Market: Market Segmentation Analysis
The research report includes specific segments by region (country), manufacturers, Type, and Application. Market segmentation creates subsets of a market based on product type, end-user or application, Geographic, and other factors. By understanding the market segments, the decision-maker can leverage this targeting in the product, sales, and marketing strategies. Market segments can power your product development cycles by informing how you create product offerings for different segments.
Key Company
Michelin
Bridgestone
Goodyear
Continental
Sumitomo Rubber Group
Pirelli
Yokohama Rubber
Hankook
Cooper
Kumho Tire
Toyo Tire &Rubber
Apollo Tyres
MRF
NOKIAN
Cheng Shin Tire
Hangzhou Zhongce Rubber
Triangle Tire
Linglong Tire
Aeolus Tire
Shanghai Huayi Group Corporation Limited (Originally Double Coin)
Jiangsu General Science Technology Co, Ltd.
Guizhou Tire
Qingdao Double Star
Xingyuan
Sailun Jinyu Group Co, Ltd
Giti Tire
Shengtai Group
Prinx Chengshan (Shandong) Tire Co, Ltd
Market Segmentation (by Type)
Radial Tires
Bias Tires
Market Segmentation (by Application)
Food Flavors
Solvent
Monomer Intermediate
Others
Geographic Segmentation
North America (USA, Canada, Mexico)
Europe (Germany, UK, France, Russia, Italy, Rest of Europe)
Asia-Pacific (China, Japan, South Korea, India, Southeast Asia, Rest of Asia-Pacific)
South America (Brazil, Argentina, Columbia, Rest of South America)
The Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, South Africa, Rest of MEA)
Key Benefits of This Market Research:
Industry drivers, restraints, and opportunities covered in the study
Neutral perspective on the market performance
Recent industry trends and developments
Competitive landscape & strategies of key players
Potential & niche segments and regions exhibiting promising growth covered
Historical, current, and projected market size, in terms of value
In-depth analysis of the Tires Market
Overview of the regional outlook of the Tires Market:
Key Reasons to Buy this Report:
Access to date statistics compiled by our researchers. These provide you with historical and forecast data, which is analyzed to tell you why your market is set to change
This enables you to anticipate market changes to remain ahead of your competitors