Global Tires and Rubber Market Summary and Forecast
Summary
Global Tires & Rubber industry profile provides top-line qualitative and quantitative summary information including: market share, market size (value and volume 2017-22, and forecast to 2027). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.
Key Highlights
- The tires & rubber market is segmented into car OEM, truck OEM, motorcycle OEM, car aftermarket, truck aftermarket, and motorcycle aftermarket.
- The global tires & rubber market had total revenues of $245.1 billion in 2022, representing a compound annual growth rate (CAGR) of 6% between 2017 and 2022.
- Market consumption volume increased with a CAGR of 1.7% between 2017 and 2022, to reach a total of 2,223.6 million units in 2022.
- According to in-house research, in 2022, China accounting for a share of 20.9%, was the largest tire & rubber market globally, followed by the US. The dominant position of China is attributed to its large automotive manufacturing output and high yearly sales.
- Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the tires & rubber market in the global
- Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the global tires & rubber market
- Leading company profiles reveal details of key tires & rubber market players’ global operations and financial performance
- Add weight to presentations and pitches by understanding the future growth prospects of the Global tires & rubber market with five year forecasts by both value and volume
- What was the size of the Global tires & rubber market by value in 2022?
- What will be the size of the Global tires & rubber market in 2027?
- What factors are affecting the strength of competition in the Global tires & rubber market?
- How has the market performed over the last five years?
- Who are the top competitiors in the global's tires & rubber market?
- 1 Executive Summary
- 1.1. Market value
- 1.2. Market value forecast
- 1.3. Market volume
- 1.4. Market volume forecast
- 1.5. Category segmentation
- 1.6. Geography segmentation
- 1.7. Market rivalry
- 1.8. Competitive landscape
- 2 Market Overview
- 2.1. Market definition
- 2.2. Market analysis
- 3 Market Data
- 3.1. Market value
- 3.2. Market volume
- 4 Market Segmentation
- 4.1. Category segmentation
- 4.2. Geography segmentation
- 5 Market Outlook
- 5.1. Market value forecast
- 5.2. Market volume forecast
- 6 Five Forces Analysis
- 6.1. Summary
- 6.2. Buyer power
- 6.3. Supplier power
- 6.4. New entrants
- 6.5. Threat of substitutes
- 6.6. Degree of rivalry
- 7 Competitive Landscape
- 7.1. Who are the leading players?
- 7.2. What are the strengths of leading players?
- 7.3. What strategies do leading players follow?
- 8 Company Profiles
- 8.1. Bridgestone Corporation
- 8.2. The Goodyear Tire & Rubber Company
- 8.3. Continental AG
- 8.4. Compagnie Generale des Etablissements Michelin SCA
- 9 Macroeconomic Indicators
- 9.1. Country data
- 10 Appendix
- 10.1. Methodology
- 10.2. Industry associations
- 10.3. Related MarketLine research
- 10.4. About MarketLine
- List of Tables
- Table 1: Global tires & rubber market value: $ billion, 2017–22
- Table 2: Global tires & rubber market volume: million Units, 2017–22
- Table 3: Global tires & rubber market category segmentation: % share, by value, 2017–2022
- Table 4: Global tires & rubber market category segmentation: $ billion, 2017-2022
- Table 5: Global tires & rubber market geography segmentation: $ billion, 2022
- Table 6: Global tires & rubber market value forecast: $ billion, 2022–27
- Table 7: Global tires & rubber market volume forecast: million Units, 2022–27
- Table 8: Bridgestone Corporation: key facts
- Table 9: Bridgestone Corporation: Annual Financial Ratios
- Table 10: Bridgestone Corporation: Key Employees
- Table 11: Bridgestone Corporation: Key Employees Continued
- Table 12: Bridgestone Corporation: Key Employees Continued
- Table 13: The Goodyear Tire & Rubber Company: key facts
- Table 14: The Goodyear Tire & Rubber Company: Annual Financial Ratios
- Table 15: The Goodyear Tire & Rubber Company: Key Employees
- Table 16: The Goodyear Tire & Rubber Company: Key Employees Continued
- Table 17: Continental AG: key facts
- Table 18: Continental AG: Annual Financial Ratios
- Table 19: Continental AG: Key Employees
- Table 20: Continental AG: Key Employees Continued
- Table 21: Compagnie Generale des Etablissements Michelin SCA: key facts
- Table 22: Compagnie Generale des Etablissements Michelin SCA: Annual Financial Ratios
- Table 23: Compagnie Generale des Etablissements Michelin SCA: Key Employees
- Table 24: Global exchange rate, 2018–22
- List of Figures
- Figure 1: Global tires & rubber market value: $ billion, 2017–22
- Figure 2: Global tires & rubber market volume: million Units, 2017–22
- Figure 3: Global tires & rubber market category segmentation: $ billion, 2017-2022
- Figure 4: Global tires & rubber market geography segmentation: % share, by value, 2022
- Figure 5: Global tires & rubber market value forecast: $ billion, 2022–27
- Figure 6: Global tires & rubber market volume forecast: million Units, 2022–27
- Figure 7: Forces driving competition in the global tires & rubber market, 2022
- Figure 8: Drivers of buyer power in the global tires & rubber market, 2022
- Figure 9: Drivers of supplier power in the global tires & rubber market, 2022
- Figure 10: Factors influencing the likelihood of new entrants in the global tires & rubber market, 2022
- Figure 11: Factors influencing the threat of substitutes in the global tires & rubber market, 2022
- Figure 12: Drivers of degree of rivalry in the global tires & rubber market, 2022
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