Global Tire Market 2024 by Manufacturers, Regions, Type and Application, Forecast to 2030

Global Tire Market 2024 by Manufacturers, Regions, Type and Application, Forecast to 2030

Tire is a kind of ground rolling circular elastic rubber products assembled on various vehicles or machinery.  Usually installed on the metal rim, can support the body, buffer the external impact, realize the contact with the road and ensure the driving performance of the vehicle.

According to our (Global Info Research) latest study, the global Tire market size was valued at US$ 161420 million in 2023 and is forecast to a readjusted size of USD 203440 million by 2030 with a CAGR of 3.4% during review period.

Global core Norbornene manufacturers include Michelin, Bridgestone, GoodYear etc. The top 5 companies hold a share about 60%. Europe is the largest market, with a share about 30%, followed by China and Americas with the share about 25% and 18%.In terms of product, automotive tires is the largest segment, with a share over 80%.

This report is a detailed and comprehensive analysis for global 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 Tire market size and forecasts, in consumption value ($ Million), sales quantity (M Units), and average selling prices (US$/Unit), 2019-2030

Global Tire market size and forecasts by region and country, in consumption value ($ Million), sales quantity (M Units), and average selling prices (US$/Unit), 2019-2030

Global Tire market size and forecasts, by Type and by Application, in consumption value ($ Million), sales quantity (M Units), and average selling prices (US$/Unit), 2019-2030

Global Tire market shares of main players, shipments in revenue ($ Million), sales quantity (M Units), and ASP (US$/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 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 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 Michelin, Bridgestone, GoodYear, Continental, Sumitomo, Pirelli, Hankook, Yokohama, Zhongce Rubber, Apollo Tyres, etc.

This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.

Market Segmentation

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
Automotive Tires
Bicycle Tire
Motorcycle/ATV Tires
Engineering Tires
Agricultural Tires
Aero Tires
Racing Tires

Market segment by Application
OEM
Aftermarket

Major players covered
Michelin
Bridgestone
GoodYear
Continental
Sumitomo
Pirelli
Hankook
Yokohama
Zhongce Rubber
Apollo Tyres
Toyo Tire Corporation
Cheng Shin Rubber
Giti
Linglong Tire
MRF
Nexen Tire
Sailun jinyu Group
Kumho Tire
Nokian Tyres
Double Coin
Triangle Tire Group
Guizhou Tyre
Kenda Tires
Qingdao Doublestar

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 Tire product scope, market overview, market estimation caveats and base year.

Chapter 2, to profile the top manufacturers of Tire, with price, sales quantity, revenue, and global market share of Tire from 2019 to 2024.

Chapter 3, the Tire competitive situation, sales quantity, revenue, and global market share of top manufacturers are analyzed emphatically by landscape contrast.

Chapter 4, the 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 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 Tire.

Chapter 14 and 15, to describe Tire sales channel, distributors, customers, research findings and conclusion.