Commercial Truck Tires - Global Market Share and Ranking, Overall Sales and Demand Forecast 2024-2030

Commercial Truck Tires - Global Market Share and Ranking, Overall Sales and Demand Forecast 2024-2030

The global market for Commercial Truck Tires was estimated to be worth US$ 22,058.6 million in 2023 and is forecast to a readjusted size of US$ 30,775.4 million by 2030 with a CAGR of 5.15% during the forecast period 2024-2030.

North American market for Commercial Truck Tires was valued at $ 3,974.7 million in 2023 and will reach $ 5,291.1 million by 2030, at a CAGR of 4.41% during the forecast period of 2024 through 2030.

Asia-Pacific market for Commercial Truck Tires was valued at $ 11,338.0 million in 2023 and will reach $ 16,375.6 million by 2030, at a CAGR of 5.72% during the forecast period of 2024 through 2030.

Europe market for Commercial Truck Tires was valued at $ 4,459.6 million in 2023 and will reach $ 5,943.1 million by 2030, at a CAGR of 4.45% during the forecast period of 2024 through 2030.

The global key companies of Commercial Truck Tires include Continental, Sumitomo Rubber, Toyo Tire & Rubber, Yokohama Rubber, Prometeon Tyre Group, Nokian, Giti, Michelin, and Bridgestone, etc. In 2023, the global five largest players hold a share approximately 50 % in terms of revenue.

This report aims to provide a comprehensive presentation of the global market for Commercial Truck Tires, focusing on the total sales volume, sales revenue, price, key companies market share and ranking, together with an analysis of Commercial Truck Tires by region & country, by Type, and by Application.

The Commercial Truck Tires market size, estimations, and forecasts are provided in terms of sales volume (Million Units) and sales revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. With both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Commercial Truck Tires.

Market Segmentation

By Company

Continental

Sumitomo Rubber

Toyo Tire & Rubber

Yokohama Rubber

Prometeon Tyre Group

Nokian

Giti

Michelin

Bridgestone

Goodyear

Hankook

Mitas

GTC Group (Advance)

ZC Rubber

Double Coin

Xingyuan Group

Linglong Tire

Segment by Type

Diagonal Tires

Radial Tires

Segment by Application

Heavy Truck

Medium Truck

Light Truck

By Region

North America

United States

Canada

Asia-Pacific

China

Japan

South Korea

Southeast Asia

India

Australia

Rest of Asia-Pacific

Europe

Germany

France

U.K.

Italy

Russia

Rest of Europe

Latin America

Mexico

Brazil

Argentina

Rest of Latin America

Middle East & Africa

GCC Countries

Turkey

Africa

Rest of MEA

Chapter Outline

Chapter 1: Introduces the report scope of the report, global total market size (valve, volume and price). This chapter also provides the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.

Chapter 2: Detailed analysis of Commercial Truck Tires manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.

Chapter 3: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.

Chapter 4: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.

Chapter 5: Sales, revenue of Commercial Truck Tires in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the market development, future development prospects, market space, and market size of each country in the world.

Chapter 6: Sales, revenue of Commercial Truck Tires in country level. It provides sigmate data by Type, and by Application for each country/region.

Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.

Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.

Chapter 9: Conclusion.