Global Heavy-Duty Tires Market Growth 2023-2029

Global Heavy-Duty Tires Market Growth 2023-2029

Heavy-duty tire is tire sepcially used for heavy-duty vehicles.
LPI (LP Information)' newest research report, the “Heavy-Duty Tires Industry Forecast” looks at past sales and reviews total world Heavy-Duty Tires sales in 2022, providing a comprehensive analysis by region and market sector of projected Heavy-Duty Tires sales for 2023 through 2029. With Heavy-Duty Tires sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Heavy-Duty Tires industry.
This Insight Report provides a comprehensive analysis of the global Heavy-Duty Tires landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Heavy-Duty Tires portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Heavy-Duty Tires market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Heavy-Duty Tires and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Heavy-Duty Tires.
The global Heavy-Duty Tires market size is projected to grow from US$ 31760 million in 2022 to US$ 25650 million in 2029; it is expected to grow at a CAGR of 25650 from 2023 to 2029.
Global Heavy-Duty Tires key players include Bridgestone, Michelin, Goodyear, Continental, Zhongce Rubber etc. Global top five manufacturers hold a share over 50%.
Asia Pacific is the largest market, with a share over 40%, followed by Europe and North America, both have a share over 40% percent.
In terms of product, Rim Diameter ≤29 inch is the largest segment, with a share over 60%. And in terms of application, the largest application is Heavy Duty Truck Tires followed by OTR Tires.
This report presents a comprehensive overview, market shares, and growth opportunities of Heavy-Duty Tires market by product type, application, key manufacturers and key regions and countries.
Market Segmentation:
Segmentation by type
Rim Diameter ≤29 inch
29 inch＜Rim Diameter≤39 inch
39 inch＜Rim Diameter≤49 inch
Rim Diameter ＞49 inch
Segmentation by application
Heavy Duty Truck Tires
OTR Tires
Agricultural Tires
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Bridgestone
Michelin
Goodyear
Continental
Zhongce Rubber
Apollo
Chem China
Double Coin Holdings
Guizhou Tire
Titan
Prinx Chengshan
Trelleborg
Pirelli
Yokohama Tire
BKT
Linglong Tire
Xugong Tyres
Triangle
Hawk International Rubber
Nokian
Shandong Taishan Tyre
Carlisle
Shandong Yinbao
Sumitomo
Doublestar
Fujian Haian Rubber
JK Tyre
Specialty Tires
Techking Tires
Key Questions Addressed in this Report
What is the 10-year outlook for the global Heavy-Duty Tires market?
What factors are driving Heavy-Duty Tires market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Heavy-Duty Tires market opportunities vary by end market size?
How does Heavy-Duty Tires break out type, application?
What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.