Global Passenger Car Tire Market Growth 2023-2029

Global Passenger Car Tire Market Growth 2023-2029

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.
LPI (LP Information)' newest research report, the “Passenger Car Tire Industry Forecast” looks at past sales and reviews total world Passenger Car Tire sales in 2022, providing a comprehensive analysis by region and market sector of projected Passenger Car Tire sales for 2023 through 2029. With Passenger Car Tire sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Passenger Car Tire industry.
This Insight Report provides a comprehensive analysis of the global Passenger Car Tire 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 Passenger Car Tire portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Passenger Car Tire market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Passenger Car Tire 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 Passenger Car Tire.
The global Passenger Car Tire market size is projected to grow from US$ million in 2022 to US$ million in 2029; it is expected to grow at a CAGR of % from 2023 to 2029.
In terms of types, Passenger Car Tire can be divided into three types: Low-End, Medium-End and High-End. In 2019, Low-End Passenger Car Tire account for the largest proportion, accounting for more than 60% of the total market share of the product.
From the perspective of product application, Passenger Car Tire mainly fall into two categories: OEM and Aftermarket. In 2019, the proportion of Aftermarket use is the largest, about 75%.
This report presents a comprehensive overview, market shares, and growth opportunities of Passenger Car Tire market by product type, application, key manufacturers and key regions and countries.
Market Segmentation:
Segmentation by type
Low-End Passenger Car Tire
Mid-Range Passenger Car Tire
High-End Passenger Car Tire
Segmentation by application
OEM
Aftermarket
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
Goodyear
Deestone
Linglong International Tire
ZC Rubber
Michelin
Sumitomo Rubber
Continental
Giti Tire
Maxxis International

Key Questions Addressed in this Report
What is the 10-year outlook for the global Passenger Car Tire market?
What factors are driving Passenger Car Tire market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Passenger Car Tire market opportunities vary by end market size?
How does Passenger Car Tire 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.