Global Truck and Bus Tires Market 2024 by Manufacturers, Regions, Type and Application, Forecast to 2030

Global Truck and Bus Tires Market 2024 by Manufacturers, Regions, Type and Application, Forecast to 2030

Tire is a ring or band of rubber, either solid or hollow and inflated, or of metal, placed over the rim of a wheel to provide traction, resistance to wear, or other desirable properties.

According to our (Global Info Research) latest study, the global Truck and Bus Tires market size was valued at US$ 44660 million in 2023 and is forecast to a readjusted size of USD 49390 million by 2030 with a CAGR of 1.5% during review period.

Asia-Pacific is the largest Truck and Bus Tires market with about 51% market share. Europe is follower, accounting for about 20% market share.

The key players are Bridgestone, Michelin, Goodyear, Continental, ZC Rubber, Sumitomo Rubber, Xingyuan Group, Linglong Tire, Hankook, Double Coin, Prometeon Tyre Group, Aeolus Tyre, Giti Tire, Cheng Shin Rubber, Yokohama, Triangle Tire Group, Sailun Group, KUMHO TIRE, Toyo Tires etc. Top 3 companies occupied about 63% market share.

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

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

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

Global Truck and Bus Tires market shares of main players, shipments in revenue ($ Million), sales quantity (M Units), 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 Truck and Bus Tires

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 Truck and Bus Tires 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, Michelin, Goodyear, Continental, ZC Rubber, Sumitomo Rubber, Xingyuan Group, Linglong Tire, Hankook, Double Coin, etc.

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

Market Segmentation

Truck and Bus Tires 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
OEM Tire
Replacement Tire

Market segment by Application
Truck
Bus

Major players covered
Bridgestone
Michelin
Goodyear
Continental
ZC Rubber
Sumitomo Rubber
Xingyuan Group
Linglong Tire
Hankook
Double Coin
Prometeon Tyre Group
Aeolus Tyre
Giti Tire
Cheng Shin Rubber
Yokohama
Triangle Tire Group
Sailun Group
KUMHO TIRE
Toyo Tires

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 Truck and Bus Tires product scope, market overview, market estimation caveats and base year.

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

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

Chapter 4, the Truck and Bus 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 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 Truck and Bus Tires 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 Truck and Bus Tires.

Chapter 14 and 15, to describe Truck and Bus Tires sales channel, distributors, customers, research findings and conclusion.