Global Passenger Car Tire Market 2024 by Manufacturers, Regions, Type and Application, Forecast to 2030
Passenger Tires are for vehicles that are designed for personal use – like hatchbacks, sedans, coupes, and crossovers. Many SUVs, minivans , and smaller pickup trucks (under ¾ ton) also use passenger-rated tires.
According to our (Global Info Research) latest study, the global Passenger Car Tire market size was valued at US$ 144540 million in 2023 and is forecast to a readjusted size of USD 184440 million by 2030 with a CAGR of 3.6% during review period.
Global key players of passenger car tire include Bridgestone, GoodYear, Continental, Michelin, Sumitomo, etc. The top five players hold a share about 57%. Asia Pacific is the largest market, has a share about 36%, followed by Europe and North America, with share 34% and 25%, separately.
This report is a detailed and comprehensive analysis for global Passenger Car Tire market. Both quantitative and qualitative analyses are presented by manufacturers, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2024, are provided.
Key Features:
Global Passenger Car Tire market size and forecasts, in consumption value ($ Million), sales quantity (M Unit), and average selling prices (USD/Unit), 2019-2030
Global Passenger Car Tire market size and forecasts by region and country, in consumption value ($ Million), sales quantity (M Unit), and average selling prices (USD/Unit), 2019-2030
Global Passenger Car Tire market size and forecasts, by Type and by Application, in consumption value ($ Million), sales quantity (M Unit), and average selling prices (USD/Unit), 2019-2030
Global Passenger Car Tire market shares of main players, shipments in revenue ($ Million), sales quantity (M Unit), and ASP (USD/Unit), 2019-2024
The Primary Objectives in This Report Are:
To determine the size of the total market opportunity of global and key countries
To assess the growth potential for Passenger Car Tire
To forecast future growth in each product and end-use market
To assess competitive factors affecting the marketplace
This report profiles key players in the global Passenger Car Tire market based on the following parameters - company overview, sales quantity, revenue, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Bridgestone, GoodYear, Continental, Michelin, Sumitomo, Hankook, Pirelli, Yokohama, Zhongce Rubber, Toyo Tire Corporation, etc.
This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.
Market Segmentation
Passenger Car Tire market is split by Type and by Application. For the period 2019-2030, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value. This analysis can help you expand your business by targeting qualified niche markets.
Market segment by Type
Replacement Tires
OE Tires
Market segment by Application
Passenger Car
Commercial Vehicle
Major players covered
Bridgestone
GoodYear
Continental
Michelin
Sumitomo
Hankook
Pirelli
Yokohama
Zhongce Rubber
Toyo Tire Corporation
Cooper Tire
Apollo Tyres
KUMHO TIRES
Linglong Tire
MRF
Cheng Shin Rubber (Maxxis)
Sailun Group
Nokian Tyres
Triangle Tire Group
JK TYRE
AEOLUS TYRE
Giti
Nexen Tire
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 Passenger Car Tire product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top manufacturers of Passenger Car Tire, with price, sales quantity, revenue, and global market share of Passenger Car Tire from 2019 to 2024.
Chapter 3, the Passenger Car Tire competitive situation, sales quantity, revenue, and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Passenger Car Tire 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 by Application, with sales market share and growth rate by Type, by 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 2019 to 2024.and Passenger Car Tire market forecast, by regions, by Type, and by 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 Passenger Car Tire.
Chapter 14 and 15, to describe Passenger Car Tire sales channel, distributors, customers, research findings and conclusion.