Global Passenger Car Tire Market Growth 2025-2031

The global Passenger Car Tire market size is predicted to grow from US$ 141960 million in 2025 to US$ 177630 million in 2031; it is expected to grow at a CAGR of 3.8% from 2025 to 2031.

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.

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.

LP Information, Inc. (LPI) ' newest research report, the “Passenger Car Tire Industry Forecast” looks at past sales and reviews total world Passenger Car Tire sales in 2024, providing a comprehensive analysis by region and market sector of projected Passenger Car Tire sales for 2025 through 2031. 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.

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.

Segmentation by Type:
Replacement Tires
OE Tires

Segmentation by Application:
Passenger Car
Commercial Vehicle

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 analysing the company's coverage, product portfolio, its market penetration.
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

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 by Type, by Application?

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