Tires Market Forecast to 2028 - COVID-19 Impact and Global Analysis By Product Type (Racing Tires, Truck Tires, Aircraft Tires, Others); Vehicle Type (Passenger Cars, Commercial Vehicles, OTR Vehicles, Others); Design (Radial Tire, Bias Tire) and Geography

Report Code: TIPRE00017993 | No. of Pages: 150 | Category: Chemicals and Materials | Status: Upcoming

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MARKET INTRODUCTION

A tire refers to a ring shaped component that surrounds a wheel rim that transfers a vehicles' load from the axle via the wheel to the ground. It provides traction the surface over which the wheel travels. Most of the tires are pneumatically inflated structures that helps in providing flexible cushion for absorbing shocks as tires usually run on rough surfaces. The tires also provide footprint that is designed to match the vehicles' weight with the bearing strength of the surface. The materials used in tires are synthetic rubber, natural rubber, fabric and wires.

MARKET DYNAMICS

The rising demand from the OEMs on the back of incrementing production of vehicles drives the market for tires globally. Also, the shifting demand towards better lifespan, lightweight and environmental friendly tires drive the growth of the market. However, the increase vulnerability to abuse when overloaded or under-inflated and poor transport handling restricts the fruitful development of the tires market. An upsurge in the focus of manufactures to produce better quality tires and the expanding automotive industry are expected to bolster well the market growth of tires in the near future.

MARKET SCOPE

The "Global Tires Market Analysis to 2028" is a specialized and in-depth study of the Chemicals and Materials industry with a special focus on the global market trend analysis. The report aims to provide an overview of the tires market with detailed market segmentation by product type, vehicle type, design and geography. The global tires market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading tires market players and offers key trends and opportunities in the market.

MARKET SEGMENTATION

The global tires market is segmented on the basis of product type, vehicle type and design. On the basis of product type, the tires market is segmented into racing tires, truck tires, aircraft tires and others. As per vehicle type the market is broken into passenger cars, commercial vehicles, OTR vehicles and others. The market on the basis of design is divided into radial tire and bias tire.

REGIONAL FRAMEWORK

The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global tires market based on various segments. It also provides market size and forecast estimates from the year 2020to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The tires market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.

The report analyzes factors affecting the tires market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the tires market in these regions.



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MARKET PLAYERS


The reports cover key developments in the tires market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market payers from tires market are anticipated to lucrative growth opportunities in the future with the rising demand for tires market in the global market. Below mentioned is the list of few companies engaged in the tires market.

The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the tires market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.

  •   Bridgestone Corporation
  •   Continental AG
  •   Goodyear Tire and Rubber Company
  •   Hankook Tire and Technology Co.,Ltd.
  •   Kumho Tire Co., Inc.
  •   Michelin
  •   Pirelli and C. S.p.A
  •   Sumitomo Rubber Industries, Ltd.
  •   Toyo Tire U.S.A. Corp
  •   Yokohama

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TABLE OF CONTENTS

1.INTRODUCTION
1.1.SCOPE OF THE STUDY
1.2.THE INSIGHT PARTNERS RESEARCH REPORT GUIDANCE
1.3.MARKET SEGMENTATION
1.3.1Tires Market - By Product Type
1.3.2Tires Market - By Vehicle Type
1.3.3Tires Market - By Design
1.3.4Tires Market - By Region
1.3.4.1By Country

2.KEY TAKEAWAYS

3.RESEARCH METHODOLOGY

4.TIRES MARKET LANDSCAPE
4.1.OVERVIEW
4.2.PORTER'S FIVE FORCES ANALYSIS
4.2.1Bargaining Power of Buyers
4.2.1Bargaining Power of Suppliers
4.2.1Threat of Substitute
4.2.1Threat of New Entrants
4.2.1Competitive Rivalry
4.3.EXPERT OPINIONS

5.TIRES MARKET - KEY MARKET DYNAMICS
5.1.KEY MARKET DRIVERS
5.2.KEY MARKET RESTRAINTS
5.3.KEY MARKET OPPORTUNITIES
5.4.FUTURE TRENDS
5.5.IMPACT ANALYSIS OF DRIVERS AND RESTRAINTS

6.TIRES MARKET - GLOBAL MARKET ANALYSIS
6.1.TIRES - GLOBAL MARKET OVERVIEW
6.2.TIRES - GLOBAL MARKET AND FORECAST TO 2028
6.3.MARKET POSITIONING/MARKET SHARE

7.TIRES MARKET - REVENUE AND FORECASTS TO 2028 â" PRODUCT TYPE
7.1.OVERVIEW
7.2.PRODUCT TYPE MARKET FORECASTS AND ANALYSIS
7.3.RACING TIRES
7.3.1.Overview
7.3.2.Racing Tires Market Forecast and Analysis
7.4.TRUCK TIRES
7.4.1.Overview
7.4.2.Truck Tires Market Forecast and Analysis
7.5.AIRCRAFT TIRES
7.5.1.Overview
7.5.2.Aircraft Tires Market Forecast and Analysis
7.6.OTHERS
7.6.1.Overview
7.6.2.Others Market Forecast and Analysis
8.TIRES MARKET - REVENUE AND FORECASTS TO 2028 â" VEHICLE TYPE
8.1.OVERVIEW
8.2.VEHICLE TYPE MARKET FORECASTS AND ANALYSIS
8.3.PASSENGER CARS
8.3.1.Overview
8.3.2.Passenger Cars Market Forecast and Analysis
8.4.COMMERCIAL VEHICLES
8.4.1.Overview
8.4.2.Commercial Vehicles Market Forecast and Analysis
8.5.OTR VEHICLES
8.5.1.Overview
8.5.2.OTR Vehicles Market Forecast and Analysis
8.6.OTHERS
8.6.1.Overview
8.6.2.Others Market Forecast and Analysis
9.TIRES MARKET - REVENUE AND FORECASTS TO 2028 â" DESIGN
9.1.OVERVIEW
9.2.DESIGN MARKET FORECASTS AND ANALYSIS
9.3.RADIAL TIRE
9.3.1.Overview
9.3.2.Radial Tire Market Forecast and Analysis
9.4.BIAS TIRE
9.4.1.Overview
9.4.2.Bias Tire Market Forecast and Analysis

10.TIRES MARKET REVENUE AND FORECASTS TO 2028 â" GEOGRAPHICAL ANALYSIS
10.1.NORTH AMERICA
10.1.1North America Tires Market Overview
10.1.2North America Tires Market Forecasts and Analysis
10.1.3North America Tires Market Forecasts and Analysis - By Product Type
10.1.4North America Tires Market Forecasts and Analysis - By Vehicle Type
10.1.5North America Tires Market Forecasts and Analysis - By Design
10.1.6North America Tires Market Forecasts and Analysis - By Countries
10.1.6.1United States Tires Market
10.1.6.1.1United States Tires Market by Product Type
10.1.6.1.2United States Tires Market by Vehicle Type
10.1.6.1.3United States Tires Market by Design
10.1.6.2Canada Tires Market
10.1.6.2.1Canada Tires Market by Product Type
10.1.6.2.2Canada Tires Market by Vehicle Type
10.1.6.2.3Canada Tires Market by Design
10.1.6.3Mexico Tires Market
10.1.6.3.1Mexico Tires Market by Product Type
10.1.6.3.2Mexico Tires Market by Vehicle Type
10.1.6.3.3Mexico Tires Market by Design
10.2.EUROPE
10.2.1Europe Tires Market Overview
10.2.2Europe Tires Market Forecasts and Analysis
10.2.3Europe Tires Market Forecasts and Analysis - By Product Type
10.2.4Europe Tires Market Forecasts and Analysis - By Vehicle Type
10.2.5Europe Tires Market Forecasts and Analysis - By Design
10.2.6Europe Tires Market Forecasts and Analysis - By Countries
10.2.6.1Germany Tires Market
10.2.6.1.1Germany Tires Market by Product Type
10.2.6.1.2Germany Tires Market by Vehicle Type
10.2.6.1.3Germany Tires Market by Design
10.2.6.2France Tires Market
10.2.6.2.1France Tires Market by Product Type
10.2.6.2.2France Tires Market by Vehicle Type
10.2.6.2.3France Tires Market by Design
10.2.6.3Italy Tires Market
10.2.6.3.1Italy Tires Market by Product Type
10.2.6.3.2Italy Tires Market by Vehicle Type
10.2.6.3.3Italy Tires Market by Design
10.2.6.4United Kingdom Tires Market
10.2.6.4.1United Kingdom Tires Market by Product Type
10.2.6.4.2United Kingdom Tires Market by Vehicle Type
10.2.6.4.3United Kingdom Tires Market by Design
10.2.6.5Russia Tires Market
10.2.6.5.1Russia Tires Market by Product Type
10.2.6.5.2Russia Tires Market by Vehicle Type
10.2.6.5.3Russia Tires Market by Design
10.2.6.6Rest of Europe Tires Market
10.2.6.6.1Rest of Europe Tires Market by Product Type
10.2.6.6.2Rest of Europe Tires Market by Vehicle Type
10.2.6.6.3Rest of Europe Tires Market by Design
10.3.ASIA-PACIFIC
10.3.1Asia-Pacific Tires Market Overview
10.3.2Asia-Pacific Tires Market Forecasts and Analysis
10.3.3Asia-Pacific Tires Market Forecasts and Analysis - By Product Type
10.3.4Asia-Pacific Tires Market Forecasts and Analysis - By Vehicle Type
10.3.5Asia-Pacific Tires Market Forecasts and Analysis - By Design
10.3.6Asia-Pacific Tires Market Forecasts and Analysis - By Countries
10.3.6.1Australia Tires Market
10.3.6.1.1Australia Tires Market by Product Type
10.3.6.1.2Australia Tires Market by Vehicle Type
10.3.6.1.3Australia Tires Market by Design
10.3.6.2China Tires Market
10.3.6.2.1China Tires Market by Product Type
10.3.6.2.2China Tires Market by Vehicle Type
10.3.6.2.3China Tires Market by Design
10.3.6.3India Tires Market
10.3.6.3.1India Tires Market by Product Type
10.3.6.3.2India Tires Market by Vehicle Type
10.3.6.3.3India Tires Market by Design
10.3.6.4Japan Tires Market
10.3.6.4.1Japan Tires Market by Product Type
10.3.6.4.2Japan Tires Market by Vehicle Type
10.3.6.4.3Japan Tires Market by Design
10.3.6.5South Korea Tires Market
10.3.6.5.1South Korea Tires Market by Product Type
10.3.6.5.2South Korea Tires Market by Vehicle Type
10.3.6.5.3South Korea Tires Market by Design
10.3.6.6Rest of Asia-Pacific Tires Market
10.3.6.6.1Rest of Asia-Pacific Tires Market by Product Type
10.3.6.6.2Rest of Asia-Pacific Tires Market by Vehicle Type
10.3.6.6.3Rest of Asia-Pacific Tires Market by Design
10.4.MIDDLE EAST AND AFRICA
10.4.1Middle East and Africa Tires Market Overview
10.4.2Middle East and Africa Tires Market Forecasts and Analysis
10.4.3Middle East and Africa Tires Market Forecasts and Analysis - By Product Type
10.4.4Middle East and Africa Tires Market Forecasts and Analysis - By Vehicle Type
10.4.5Middle East and Africa Tires Market Forecasts and Analysis - By Design
10.4.6Middle East and Africa Tires Market Forecasts and Analysis - By Countries
10.4.6.1South Africa Tires Market
10.4.6.1.1South Africa Tires Market by Product Type
10.4.6.1.2South Africa Tires Market by Vehicle Type
10.4.6.1.3South Africa Tires Market by Design
10.4.6.2Saudi Arabia Tires Market
10.4.6.2.1Saudi Arabia Tires Market by Product Type
10.4.6.2.2Saudi Arabia Tires Market by Vehicle Type
10.4.6.2.3Saudi Arabia Tires Market by Design
10.4.6.3U.A.E Tires Market
10.4.6.3.1U.A.E Tires Market by Product Type
10.4.6.3.2U.A.E Tires Market by Vehicle Type
10.4.6.3.3U.A.E Tires Market by Design
10.4.6.4Rest of Middle East and Africa Tires Market
10.4.6.4.1Rest of Middle East and Africa Tires Market by Product Type
10.4.6.4.2Rest of Middle East and Africa Tires Market by Vehicle Type
10.4.6.4.3Rest of Middle East and Africa Tires Market by Design
10.5.SOUTH AND CENTRAL AMERICA
10.5.1South and Central America Tires Market Overview
10.5.2South and Central America Tires Market Forecasts and Analysis
10.5.3South and Central America Tires Market Forecasts and Analysis - By Product Type
10.5.4South and Central America Tires Market Forecasts and Analysis - By Vehicle Type
10.5.5South and Central America Tires Market Forecasts and Analysis - By Design
10.5.6South and Central America Tires Market Forecasts and Analysis - By Countries
10.5.6.1Brazil Tires Market
10.5.6.1.1Brazil Tires Market by Product Type
10.5.6.1.2Brazil Tires Market by Vehicle Type
10.5.6.1.3Brazil Tires Market by Design
10.5.6.2Argentina Tires Market
10.5.6.2.1Argentina Tires Market by Product Type
10.5.6.2.2Argentina Tires Market by Vehicle Type
10.5.6.2.3Argentina Tires Market by Design
10.5.6.3Rest of South and Central America Tires Market
10.5.6.3.1Rest of South and Central America Tires Market by Product Type
10.5.6.3.2Rest of South and Central America Tires Market by Vehicle Type
10.5.6.3.3Rest of South and Central America Tires Market by Design

11.INDUSTRY LANDSCAPE
11.1.MERGERS AND ACQUISITIONS
11.2.AGREEMENTS, COLLABORATIONS AND JOIN VENTURES
11.3.NEW PRODUCT LAUNCHES
11.4.EXPANSIONS AND OTHER STRATEGIC DEVELOPMENTS

12.TIRES MARKET, KEY COMPANY PROFILES
12.1.BRIDGESTONE CORPORATION
12.1.1.Key Facts
12.1.2.Business Description
12.1.3.Products and Services
12.1.4.Financial Overview
12.1.5.SWOT Analysis
12.1.6.Key Developments
12.2.CONTINENTAL AG
12.2.1.Key Facts
12.2.2.Business Description
12.2.3.Products and Services
12.2.4.Financial Overview
12.2.5.SWOT Analysis
12.2.6.Key Developments
12.3.GOODYEAR TIRE AND RUBBER COMPANY
12.3.1.Key Facts
12.3.2.Business Description
12.3.3.Products and Services
12.3.4.Financial Overview
12.3.5.SWOT Analysis
12.3.6.Key Developments
12.4.HANKOOK TIRE AND TECHNOLOGY CO.,LTD.
12.4.1.Key Facts
12.4.2.Business Description
12.4.3.Products and Services
12.4.4.Financial Overview
12.4.5.SWOT Analysis
12.4.6.Key Developments
12.5.KUMHO TIRE CO., INC.
12.5.1.Key Facts
12.5.2.Business Description
12.5.3.Products and Services
12.5.4.Financial Overview
12.5.5.SWOT Analysis
12.5.6.Key Developments
12.6.MICHELIN
12.6.1.Key Facts
12.6.2.Business Description
12.6.3.Products and Services
12.6.4.Financial Overview
12.6.5.SWOT Analysis
12.6.6.Key Developments
12.7.PIRELLI AND C. S.P.A
12.7.1.Key Facts
12.7.2.Business Description
12.7.3.Products and Services
12.7.4.Financial Overview
12.7.5.SWOT Analysis
12.7.6.Key Developments
12.8.SUMITOMO RUBBER INDUSTRIES, LTD.
12.8.1.Key Facts
12.8.2.Business Description
12.8.3.Products and Services
12.8.4.Financial Overview
12.8.5.SWOT Analysis
12.8.6.Key Developments
12.9.TOYO TIRE U.S.A. CORP
12.9.1.Key Facts
12.9.2.Business Description
12.9.3.Products and Services
12.9.4.Financial Overview
12.9.5.SWOT Analysis
12.9.6.Key Developments
12.10.YOKOHAMA
12.10.1.Key Facts
12.10.2.Business Description
12.10.3.Products and Services
12.10.4.Financial Overview
12.10.5.SWOT Analysis
12.10.6.Key Developments

13.APPENDIX
13.1.ABOUT THE INSIGHT PARTNERS
13.2.GLOSSARY OF TERMS
The List of Companies

1. Bridgestone Corporation
2. Continental AG
3. Goodyear Tire and Rubber Company
4. Hankook Tire and Technology Co.,Ltd.
5. Kumho Tire Co., Inc.
6. Michelin
7. Pirelli and C. S.p.A
8. Sumitomo Rubber Industries, Ltd.
9. Toyo Tire U.S.A. Corp
10. Yokohama
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