The automotive tires market was valued at USD 102 billion in 2021 and is anticipated to reach USD 122 billion by 2028, at a CAGR of more than 3% during the forecast period. Car tires are round car parts made of rubber that are used to cover the rim of a wheel outside. The tire’s primary function is to protect the wheel rim and provide traction between the road surface and the vehicle. Made of rubber, it provides a flexible cushion to reduce the impact of vibration and absorb the shock of the vehicle.

 

A full report of Automotive Tire Market is available at:https://orionmarketreports.com/automotive-tires-market/83818/  

Company Profile

Continental Group
Cooper & Rubber Company
Hankook Co. Ltd.
Goodyear & Rubber Company
Michelin Group
Pirelli
Sumitomo Rubber Industries
The Bridgestone Group
Toyo & Rubber Co. Ltd.

 

Market Segmentation

By Season Tire Type

Summer
Winter 
All Season

By Vehicle Type 

Passenger Car
Commercial Vehicle 
Light commercial
Heavy commercial
Electric Vehicle


Scope of the Report

The research study analyzes the Automotive Tire industry from 360-degree analysis of the market thoroughly delivering insights into the market for better business decisions, considering multiple aspects some of which are listed below as:

Recent Developments

o Market Overview and growth analysis
o Import and Export Overview
o Volume Analysis
o Current Market Trends and Future Outlook
o Market Opportunistic and Attractive Investment Segment


Geographic Coverage

o North America Market Size and/or Volume
o Latin America Market Size and/or Volume
o Europe Market Size and/or Volume
o Asia-Pacific Market Size and/or Volume
o Rest of the world Market Size and/or Volume

Key Questions Answered by Automotive Tire Market Report

 

What was the Automotive Tire Market size in 2020 and 2021; what are the estimated growth trends and market forecast (2022-2028).
What will be the CAGR of Automotive Tire Market during the forecast period (2022-2028)?
Which segments (product type/applications/end-user) were most attractive for investments in 2022? How these segments are expected to grow during the forecast period (2022-2028).
Which manufacturer/vendor/players in the Automotive Tire Market was the market leader in 2021?
Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.

 

The report covers the following objectives:

Proliferation and maturation of trade in the Automotive Tire market.
The market share of the Automotive Tire market, supply and demand ratio, growth revenue, supply chain analysis, and business overview.
Current and future market trends that are influencing the growth opportunities and growth rate of the Automotive Tire market.
Feasibility study, new market insights, company profiles, investment return, revenue (value), and consumption (volume) of the Automotive Tire market.


About Us:

Orion Market Reports (OMR) endeavors to provide exclusive blend of qualitative and quantitative market research reports to clients across the globe. Our organization helps both multinational and domestic enterprises to bolster their business by providing in-depth market insights and most reliable future market trends. Our reports address all the major aspects of the markets providing insights and market outlook to global clients.

 

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