Global Tire Aftermarket, Tire Replacement Market 2022-2028

Best Price Guarantee	Length	Publisher	Published Date	SKU
from $2,750	197 Pages	Triton Market Research	January, 2023	TRTN17616132

Best Price Guarantee
Price	from $2,750
Length	197 Pages
Publisher	Triton Market Research
Published Date	January, 2023
SKU	TRTN17616132

Global Tire Aftermarket, Tire Replacement Market 2022-2028

MARKET OUTLOOK

As per Triton’s research report, the global tire aftermarket, tire replacement market is expected to advance with a CAGR of 4.43% during the forecast period 2022-2028.

The market’s growth is promoted by factors such as rising demand for fuel-efficient tires coupled with mandatory tire labeling norms. Additionally, the growing adoption of electric vehicles is anticipated to create opportunities for the tire aftermarket, tire replacement market.

On the contrary, the uncertainty in the cost of raw materials is a key challenge affecting the global market’s expansion.

REGIONAL OUTLOOK

The global tire aftermarket, tire replacement market includes North America, Asia-Pacific, Latin America, Europe, and the Middle East and Africa regions.

The Asia-Pacific is estimated to emerge as the fastest-growing region in the tire aftermarket, tire replacement market. Countries such as Thailand, Indonesia, Vietnam, and Malaysia account for nearly 80% of the global rubber output. This creates a profitable base for tire manufacturers in the region. Moreover, the growing demand for automobiles has elevated the demand for automotive components in India, China, and Japan. This further increases the need for tire replacement services, opening new avenues for the studied market.

COMPETITIVE OUTLOOK

The notable companies thriving in the tire aftermarket, tire replacement market are Michelin, Bridgestone Corporation, Continental AG, Goodyear Tires, Pirelli & C SpA, Sumitomo Rubber Industries Ltd, Toyo Tires, The Yokohama Rubber Co Ltd, Apollo Tyres, MRF, CEAT Limited, Nexen Tire Corporation, Hankook Tire & Technology Co Ltd, JK Tyre, and Maxxis.

Apollo Tyres is involved in the manufacturing and selling of tires, tubes, and flaps. It provides tires for passenger cars, sports utility vehicles, multi-utility vehicles, light trucks, truck-bus, bicycles, and off-highway tires. Moreover, the company offers retreading material and alloy wheels. It serves clients through a wide network of exclusive and multi-product outlets. Apollo has operations across multiple countries, with headquarters located in India.

1. Global Tire Aftermarket, Tire Replacement Market - Summary
2. Industry Outlook: 2.1. Key Insights; 2.1.1. Growing Inclination Toward The Development Of Airless Tires; 2.1.2. Tire Customization And Personalization Accelerate Market Expansion; 2.2. Impact Of Covid-19 On The Tire Aftermarket, Tire Replacement Market; 2.3. Porter’s Five Forces Analysis; 2.3.1. Threat Of New Entrants; 2.3.2. Threat Of Substitutes; 2.3.3. Bargaining Power Of Buyers; 2.3.4. Bargaining Power Of Suppliers; 2.3.5. Threat Of Competitive Rivalry; 2.4. Market Attractiveness Index; 2.5. Vendor Scorecard; 2.6. Key Market Strategies; 2.6.1. Mergers & Acquisitions; 2.6.2. Product Launches; 2.6.3. Partnerships; 2.6.4. Investments And Divestment; 2.7. Market Drivers; 2.7.1. Spike In Demand For Fuel-efficient Tires; 2.7.2. Mandatory Tire Labeling Norms; 2.8. Market Challenge; 2.8.1. Uncertainty In The Pricing Of Automotive Raw Materials; 2.9. Market Opportunity; 2.9.1. Electric Vehicle Tire Replacement Is A Lucrative Segment
3. Global Tire Aftermarket, Tire Replacement Market - By Tire Type: 3.1. Radial Tire; 3.2. Bias Tire
4. Global Tire Aftermarket, Tire Replacement Market - By Rim Size: 4.1. 13- 15 Inches; 4.2. 16 -18 Inches; 4.3. 19-21 Inches; 4.4. More Than 21 Inches
5. Global Tire Aftermarket, Tire Replacement Market - By Distribution Channel: 5.1. Original Equipment Supplier (Oes); 5.2. Independent Aftermarket (Iam)
6. Global Tire Aftermarket, Tire Replacement Market – Regional Outlook: 6.1. North America; 6.1.1. Market By Tire Type; 6.1.2. Market By Rim Size; 6.1.3. Market By Distribution Channel; 6.1.4. Country Analysis; 6.1.4.1. United States; 6.1.4.2. Canada; 6.2. Europe; 6.2.1. Market By Tire Type; 6.2.2. Market By Rim Size; 6.2.3. Market By Distribution Channel; 6.2.4. Country Analysis; 6.2.4.1. United Kingdom; 6.2.4.2. Germany; 6.2.4.3. France; 6.2.4.4. Spain; 6.2.4.5. Italy; 6.2.4.6. Slovakia; 6.2.4.7. Czech Republic; 6.2.4.8. Rest Of Europe; 6.3. Asia-pacific; 6.3.1. Market By Tire Type; 6.3.2. Market By Rim Size; 6.3.3. Market By Distribution Channel; 6.3.4. Country Analysis; 6.3.4.1. China; 6.3.4.2. Japan; 6.3.4.3. India; 6.3.4.4. South Korea; 6.3.4.5. Asean Countries; 6.3.4.6. Australia & New Zealand; 6.3.4.7. Rest Of Asia-pacific; 6.4. Latin America; 6.4.1. Market By Tire Type; 6.4.2. Market By Rim Size; 6.4.3. Market By Distribution Channel; 6.4.4. Country Analysis; 6.4.4.1. Brazil; 6.4.4.2. Mexico; 6.4.4.3. Rest Of Latin America; 6.5. Middle East And Africa; 6.5.1. Market By Tire Type; 6.5.2. Market By Rim Size; 6.5.3. Market By Distribution Channel; 6.5.4. Country Analysis; 6.5.4.1. United Arab Emirates; 6.5.4.2. Saudi Arabia; 6.5.4.3. Turkey; 6.5.4.4. South Africa; 6.5.4.5. Israel; 6.5.4.6. Rest Of Middle East & Africa
7. Competitive Landscape: 7.1. Michelin; 7.2. Bridgestone Corporation; 7.3. Continental Ag; 7.4. Goodyear Tires; 7.5. Pirelli & C Spa; 7.6. Sumitomo Rubber Industries Ltd; 7.7. Toyo Tires; 7.8. The Yokohama Rubber Co Ltd; 7.9. Apollo Tyres; 7.10. Mrf; 7.11. Ceat Limited; 7.12. Nexen Tire Corporation; 7.13. Hankook Tire & Technology Co Ltd; 7.14. Jk Tyre; 7.15. Maxxis
8. Research Methodology & Scope: 8.1. Research Scope & Deliverables; 8.2. Sources Of Data; 8.3. Research Methodology; List Of Tables; Table 1: Global Tire Aftermarket, Tire Replacement Market, By Regional Outlook, 2022-2028 (In $ Billion); Table 2: Vendor Scorecard; Table 3: Lists The Mergers & Acquisitions; Table 4: List Of Product Launches; Table 5: List Of Partnerships; Table 6: List Of Business Expansions & Divestitures; Table 7: Global Tire Aftermarket, Tire Replacement Market, By Tire Type, 2022-2028 (In $ Billion); Table 8: Global Tire Aftermarket, Tire Replacement Market, By Rim Size, 2022-2028 (In $ Billion); Table 9: Global Tire Aftermarket, Tire Replacement Market, By Distribution Channel, 2022-2028 (In $ Billion); Table 10: Global Tire Aftermarket, Tire Replacement Market, By Regional, 2022-2028 (In $ Billion); Table 11: North America Tire Aftermarket, Tire Replacement Market, By Country Outlook, 2022-2028 (In $ Billion); Table 12: North America Tire Aftermarket, Tire Replacement Market, By Tire Type, 2022-2028 (In $ Billion); Table 13: North America Tire Aftermarket, Tire Replacement Market, By Rim Size, 2022-2028 (In $ Billion); Table 14: North America Tire Aftermarket, Tire Replacement Market, By Distribution Channel, 2022-2028 (In $ Billion); Table 15: Europe Tire Aftermarket, Tire Replacement Market, By Country Outlook, 2022-2028 (In $ Billion); Table 16: Europe Tire Aftermarket, Tire Replacement Market, By Tire Type, 2022-2028 (In $ Billion); Table 17: Europe Tire Aftermarket, Tire Replacement Market, By Rim Size, 2022-2028 (In $ Billion); Table 18: Europe Tire Aftermarket, Tire Replacement Market, By Distribution Channel, 2022-2028 (In $ Billion); Table 19: Asia-pacific Tire Aftermarket, Tire Replacement Market, By Country Outlook, 2022-2028 (In $ Billion); Table 20: Asia-pacific Tire Aftermarket, Tire Replacement Market, By Tire Type, 2022-2028 (In $ Billion); Table 21: Asia-pacific Tire Aftermarket, Tire Replacement Market, By Rim Size, 2022-2028 (In $ Billion); Table 22: Asia-pacific Tire Aftermarket, Tire Replacement Market, By Distribution Channel 2022-2028 (In $ Billion); Table 23: Latin America Tire Aftermarket, Tire Replacement Market, By Country Outlook, 2022-2028 (In $ Billion); Table 24: Latin America Tire Aftermarket, Tire Replacement Market, By Tire Type, 2022-2028 (In $ Billion); Table 25: Latin America Tire Aftermarket, Tire Replacement Market, By Rim Size, 2022-2028 (In $ Billion); Table 26: Latin America Tire Aftermarket, Tire Replacement Market, By Distribution Channel, 2022-2028 (In $ Billion); Table 27: Middle East And Africa Tire Aftermarket, Tire Replacement Market, By Country Outlook, 2022-2028 (In $ Billion); Table 28: Middle East And Africa Tire Aftermarket, Tire Replacement Market, By Tire Type, 2022-2028 (In $ Billion); Table 29: Middle East And Africa Tire Aftermarket, Tire Replacement Market, By Rim Size, 2022-2028 (In $ Billion); Table 30: Middle East And Africa Tire Aftermarket, Tire Replacement Market, By Distribution Channel, 2022-2028 (In $ Billion); List Of Figures; Figure 1: Market Attractiveness Index; Figure 2: Global Tire Aftermarket, Tire Replacement Market, By Tire Type, 2021 & 2028 (In %); Figure 3: Global Tire Aftermarket, Tire Replacement Market, By Radial Tire, 2022-2028 (In $ Billion); Figure 4: Global Tire Aftermarket, Tire Replacement Market, By Bias Tire, 2022-2028 (In $ Billion); Figure 5: Global Tire Aftermarket, Tire Replacement Market, By Rim Size, 2021 & 2028 (In %); Figure 6: Global Tire Aftermarket, Tire Replacement Market, By 13- 15 Inches, 2022-2028 (In $ Billion); Figure 7: Global Tire Aftermarket, Tire Replacement Market, By 16 -18 Inches, 2022-2028 (In $ Billion); Figure 8: Global Tire Aftermarket, Tire Replacement Market, By 19 -21 Inches, 2022-2028 (In $ Billion); Figure 9: Global Tire Aftermarket, Tire Replacement Market, More Than 21 Inches, 2022-2028 (In $ Billion); Figure 10: Global Tire Aftermarket, Tire Replacement Market, By Distribution Channel, 2021 & 2028 (In %); Figure 11: Global Tire Aftermarket, Tire Replacement Market, By Original Equipment Supplier (Oes), 2022-2028 (In $ Billion); Figure 12: Global Tire Aftermarket, Tire Replacement Market, By Independent Aftermarket (Iam), 2022-2028 (In $ Billion); Figure 13: Global Tire Aftermarket, Tire Replacement Market, By Regional Outlook, 2021 & 2028 (In %); Figure 14: United States Tire Aftermarket, Tire Replacement Market 2022-2028 (In $ Billion); Figure 15: Canada Tire Aftermarket, Tire Replacement Market 2022-2028 (In $ Billion); Figure 16: United Kingdom Tire Aftermarket, Tire Replacement Market 2022-2028 (In $ Billion); Figure 17: Germany Tire Aftermarket, Tire Replacement Market 2022-2028 (In $ Billion); Figure 18: France Tire Aftermarket, Tire Replacement Market 2022-2028 (In $ Billion); Figure 19: Spain Tire Aftermarket, Tire Replacement Market 2022-2028 (In $ Billion); Figure 20: Italy Tire Aftermarket, Tire Replacement Market 2022-2028 (In $ Billion); Figure 21: Slovakia Tire Aftermarket, Tire Replacement Market 2022-2028 (In $ Billion); Figure 22: Czech Republic Tire Republic Tire Aftermarket, Tire Replacement Market 2022-2028 (In $ Billion); Figure 23: Rest Of Europe Tire Aftermarket, Tire Replacement Market 2022-2028 (In $ Billion); Figure 24: China Tire Aftermarket, Tire Replacement Market 2022-2028 (In $ Billion); Figure 25: Japan Tire Aftermarket, Tire Replacement Market 2022-2028 (In $ Billion); Figure 26: India Tire Aftermarket, Tire Replacement Market 2022-2028 (In $ Billion); Figure 27: South Korea Tire Aftermarket, Tire Replacement Market 2022-2028 (In $ Billion); Figure 28: Asean Countries Tire Aftermarket, Tire Replacement Market 2022-2028 (In $ Billion); Figure 29: Australia & New Zealand Tire Aftermarket, Tire Replacement Market 2022-2028 (In $ Billion); Figure 30: Rest Of Asia-pacific Tire Aftermarket, Tire Replacement Market 2022-2028 (In $ Billion); Figure 31: Brazil Tire Aftermarket, Tire Replacement Market 2022-2028 (In $ Billion); Figure 32: Mexico Tire Aftermarket, Tire Replacement Market 2022-2028 (In $ Billion); Figure 33: Rest Of Latin America Tire Aftermarket, Tire Replacement Market 2022-2028 (In $ Billion); Figure 34: United Arab Emirates Tire Aftermarket, Tire Replacement Market 2022-2028 (In $ Billion); Figure 35: Saudi Arabia Tire Aftermarket, Tire Replacement Market 2022-2028 (In $ Billion); Figure 36: Turkey Tire Aftermarket, Tire Replacement Market 2022-2028 (In $ Billion); Figure 37: South Africa Tire Aftermarket, Tire Replacement Market 2022-2028 (In $ Billion); Figure 38: Israel Tire Aftermarket, Tire Replacement Market 2022-2028 (In $ Billion); Figure 39: Rest Of Middle East & Africa Tire Aftermarket, Tire Replacement Market 2022-2028 (In $ Billion)