-- In a new market research report published by Credence Research “Automotive Tires Market (Tire Type – All-terrain/Off-road, Run-flat and Trailer; Fuel Efficient, High Performance , Tire Size – 12-14”, 15-17”, 18-22: Above 22”; Design; Tire Assembly; Aspect Ratio; Season; Sales Channel; Vehicle Class) – Growth, Future Prospects and Competitive Analysis, 2018 – 2026”, the global automotive tires market worth stood at US$ 155.29 Bn in 2017 and is set to register a CAGR of 3.7% throughout the forecast period from 2018 to 2026.
Passenger Cars to Continue the Largest Vehicle Class Segment
Passenger cars segment led the overall automotive tires market worldwide in 2017, accounting for nearly 45% value share. According to the International Organization of Motor Vehicle Manufacturers (OICA), global passenger cars production reached at 73.45 Mn contributing to more than 70% of the overall automotive production (excluding two-wheelers). Growing businesses of luxury and semi-luxury cars on the account of steadily growing purchasing power of the people, passenger cars production is anticipated to remain strong during the projection period. So, the segment would remain to dominate the market in the coming years. Commercial vehicles segment is supposed to register promising growth in the market through the projection period.
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Large Automotive Manufacturing Industry to Assure Dominant Position for the Asia Pacific during the Projection Period (Browse this segment into the full report)
Emphasis on Advanced Tire Technology for Fuel Efficiency and Safety to Ensure a Competitive Market (Browse this segment into the full report)
Leading Players
• Sumitomo Rubber Industries, Ltd.,
• Pirelli & C. S.p.A.,
• Cooper Tire & Rubber Company,
• Yokohama Rubber Company,
• Qingdao Sentury Tire Co., Ltd.,
• Hankook Tire Group,
• Hangzhou Zhongce Rubber Co., Ltd.,
• China National Tire & Rubber Co., Ltd.,
• Toyo Tire & Rubber Company,
• Apollo Tyres Ltd.,
• CEAT Ltd.,
• MRF Ltd.
• JK Tyre & Industries Ltd.
Historical & Forecast Period
2016 – Historical Year
2017 – Base Year
2018-2026 – Forecast Period
Tire Type Segment (2016–2026; US$ Bn)
• High-Performance Tires
• All-terrain/Off-road Tires
• Fuel Efficient Tires
• Run-flat Tires
• Trailer Tires
Tire Size Segment (2016–2026; US$ Bn)
• 12-14 inches
• 15-17 inches
• 18-22 inches
• Above 22 inches
Design Segment (2016–2026; US$ Bn)
• Bias Ply Tires
• Radial Ply Tires
Tire Assembly Segment (2016–2026; US$ Bn)
• Tubeless Tires
• Tubed Tires
Aspect Ratio Segment (2016–2026; US$ Bn)
• 30-45
• 50-70
• 75-85
Season Segment (2016–2026; US$ Bn)
• All-season Tires
• Winter Tires
• Summer Tires
Sales Channel Segment (2016–2026; US$ Bn)
• Original Equipment Manufacturers (OEMs)
• Aftermarket
Vehicle Class Segment (2016–2026; US$ Bn)
• Passenger Cars
• Light Commercial Vehicles (LCVs)
• Heavy Commercial Vehicles (HCVs)
• Off-road Vehicles
Browse full report @ https://www.credenceresearch.com/report/automotive-tires-market
ToC:
Chapter 1 Preface
Chapter 2 Executive Summary
Chapter 3 Market Dynamics
Chapter 4 Global Automotive Tires Market, by Tire Type
4.1 Overview
4.1.1 Global Automotive Tires Market Value Share, by Tire Type, 2017 & 2026 (Value, %)
4.2 Fuel Efficient Tires
4.2.1 Global Fuel Efficient Automotive Tires Market Value, 2016 – 2026 (US$ Bn)
4.3 High-Performance Tires
4.3.1 Global High-Performance Automotive Tires Market Value, 2016 – 2026 (US$ Bn)
4.4 All-terrain/Off-road Tires
4.4.1 Global All-terrain/Off-road Automotive Tires Market Value, 2016 – 2026 (US$ Bn)
4.5 Run-flat Tires
4.5.1 Global Run-flat Automotive Tires Market Value, 2016 – 2026 (US$ Bn)
4.6 Trailer Tires
4.6.1 Global Trailer Automotive Tires Market Value, 2016 – 2026 (US$ Bn)
Chapter 5 Global Automotive Tires Market, by Tire Size
5.1 Overview
5.1.1 Global Automotive Tires Market Value Share, by Tire Size, 2017 & 2026 (Value, %)
5.2 12-14 inches
5.2.1 Global 12-14 inches Automotive Tires Market Value, 2016 – 2026 (US$ Bn)
5.3 15-17 inches
5.3.1 Global 15-17 inches Automotive Tires Market Value, 2016 – 2026 (US$ Bn)
5.4 18-22 inches
5.4.1 Global 18-22 inches Automotive Tires Market Value, 2016 – 2026 (US$ Bn)
5.5 Above 22 inches
5.5.1 Global ‘Above 22 inches’ Automotive Tires Market Value, 2016 – 2026 (US$ Bn)
Chapter 6 Global Automotive Tires Market, by Design
6.1 Overview
6.1.1 Global Automotive Tires Market Value Share, by Design, 2017 & 2026 (Value, %)
6.2 Bias-Ply Automotive Tires
6.2.1 Global Bias Ply Automotive Tires Market Value, 2016 – 2026 (US$ Bn)
6.3 Radial Ply Automotive Tires
6.3.1 Global Radial Ply Automotive Tires Market Value, 2016 – 2026 (US$ Bn)
About Us:
Credence Research is a worldwide market research and counseling firm that serves driving organizations, governments, non legislative associations, and not-for-benefits. We offer our customers some assistance with making enduring enhancements to their execution and understand their most imperative objectives. Over almost a century, we've manufactured a firm extraordinarily prepared to this task.
Browse full report @ https://www.credenceresearch.com/report/automotive-tires-market
About Us:
Credence Research is a worldwide market research and counseling firm that serves driving organizations, governments, non legislative associations, and not-for-benefits. We offer our customers some assistance with making enduring enhancements to their execution and understand their most imperative objectives. Over almost a century, we've manufactured a firm extraordinarily prepared to this task.
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