Product Code: VMR11215942
The global demand for Rubber Tire Market is presumed to reach the market size of nearly USD 276.33 Billion by 2032 from USD 175.7 Billion in 2023 with a CAGR of 5.16% under the study period 2024-2032.
A tire refers to a ring-shaped component that surrounds a wheel's rim to move a load of vehicles from the axle through the wheel to the ground and to offer traction at the surface over which the entire wheel travels. Tires contain several rubber compounds and other materials due to the need for safety performance in the face of a broad range of demanding conditions. The modern pneumatic tires materials include fabric, synthetic rubber, natural fabric, natural rubber, and wire, with carbon black and several other chemical compounds. Natural rubber offers particular performance characteristics to tires. It is particularly good for tear and fatigue crack resistance.
MARKET DYNAMICS
The escalating demand for utility vehicles is the major factor driving the rubber tire market. The r Increase in awareness among consumers regarding vehicle maintenance, adoption of tire monitoring systems by fleet managers, and expansion of retailer and dealers network in rural areas stimulate high market demand in the coming years. The economic expansion, development of road infrastructure, and increase in the number of cross-border and long haul freight transport are positively impacting the market growth. Moreover, the rapid urbanization across the globe and increase in construction activities where heavy commercial and construction vehicles are likely to create growth opportunities for key players of the rubber tire market in the coming years.
The research report covers Porter's Five Forces Model, Market Attractiveness Analysis, and Value Chain analysis. These tools help to get a clear picture of the industry's structure and evaluate the competition attractiveness at a global level. Additionally, these tools also give an inclusive assessment of each segment in the global market of Rubber Tire. The growth and trends of Rubber Tire industry provide a holistic approach to this study.
MARKET SEGMENTATION
This section of the Rubber Tire market report provides detailed data on the segments at country and regional level, thereby assisting the strategist in identifying the target demographics for the respective product or services with the upcoming opportunities.
By Rim Size
- <11''
- 12''-17''
- 18''-21''
- >22''-25''
- 29''-49''
- 51''-63''
By Tire Type
By Sales Channel
By Vehicle Type
- Passenger Vehicle
- Light Commercial Vehicle
- Truck & Bus
- Construction & Mining Vehicles
- Agricultural Tractors
- Industrial Vehicle
- Motorcycle & Scooters
REGIONAL ANALYSIS
This section covers the regional outlook, which accentuates current and future demand for the Rubber Tire market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand, estimation, and forecast for individual application segments across all the prominent regions.
The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the Rubber Tire market include Apollo Tyres Ltd., Bridgestone Corporation, CEAT Ltd., China National Tire & Rubber Co. Ltd, Continental AG, Cooper Tire & Rubber Company, Giti Tire, Hangzhou Zhongce Rubber Co. Ltd., Hankook Tire, Kumho Tire Co. Inc., Michelin, Nexen Tire Corporation, Nokian Tyres Plc, Pirelli & C. S.P.A., Qingdao Fullrun Tyre Corp. Ltd., Sumitomo Rubber Industries Ltd. This section consists of a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.
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TABLE OF CONTENTS
1. PREFACE
- 1.1. Report Description
- 1.1.1 Objective
- 1.1.2 Target Audience
- 1.1.3 Unique Selling Proposition (USP) & offerings
- 1.2. Research Scope
- 1.3. Research Methodology
- 1.3.1 Market Research Process
- 1.3.2 Market Research Methodology
2. EXECUTIVE SUMMARY
- 2.1. Highlights of Market
- 2.2. Global Market Snapshot
3. RUBBER TIRE - INDUSTRY ANALYSIS
- 3.1. Introduction - Market Dynamics
- 3.2. Market Drivers
- 3.3. Market Restraints
- 3.4. Opportunities
- 3.5. Industry Trends
- 3.6. Porter's Five Force Analysis
- 3.7. Market Attractiveness Analysis
- 3.7.1 Market Attractiveness Analysis By Rim Size
- 3.7.2 Market Attractiveness Analysis By Tire Type
- 3.7.3 Market Attractiveness Analysis By Sales Channel
- 3.7.4 Market Attractiveness Analysis By Vehicle Type
- 3.7.5 Market Attractiveness Analysis By Region
4. VALUE CHAIN ANALYSIS
- 4.1. Value Chain Analysis
- 4.2. Raw Material Analysis
- 4.2.1 List of Raw Materials
- 4.2.2 Raw Material Manufactures List
- 4.2.3 Price Trend of Key Raw Materials
- 4.3. List of Potential Buyers
- 4.4. Marketing Channel
- 4.4.1 Direct Marketing
- 4.4.2 Indirect Marketing
- 4.4.3 Marketing Channel Development Trend
5. GLOBAL RUBBER TIRE MARKET ANALYSIS BY RIM SIZE
- 5.1. Overview By Rim Size
- 5.2. Historical and Forecast Data Analysis By Rim Size
- 5.3. <11'' Historic and Forecast Sales By Regions
- 5.4. 12''-17'' Historic and Forecast Sales By Regions
- 5.5. 18''-21'' Historic and Forecast Sales By Regions
- 5.6. >22''-25'' Historic and Forecast Sales By Regions
- 5.7. 29''-49'' Historic and Forecast Sales By Regions
- 5.8. 51''-63'' Historic and Forecast Sales By Regions
6. GLOBAL RUBBER TIRE MARKET ANALYSIS BY TIRE TYPE
- 6.1. Overview By Tire Type
- 6.2. Historical and Forecast Data Analysis By Tire Type
- 6.3. Radial Historic and Forecast Sales By Regions
- 6.4. Bias Historic and Forecast Sales By Regions
- 6.5. Solid Historic and Forecast Sales By Regions
7. GLOBAL RUBBER TIRE MARKET ANALYSIS BY SALES CHANNEL
- 7.1. Overview By Sales Channel
- 7.2. Historical and Forecast Data Analysis By Sales Channel
- 7.3. OEM Historic and Forecast Sales By Regions
- 7.4. Aftermarket Historic and Forecast Sales By Regions
8. GLOBAL RUBBER TIRE MARKET ANALYSIS BY VEHICLE TYPE
- 8.1. Overview By Vehicle Type
- 8.2. Historical and Forecast Data Analysis By Vehicle Type
- 8.3. Passenger Vehicle Historic and Forecast Sales By Regions
- 8.4. Light Commercial Vehicle Historic and Forecast Sales By Regions
- 8.5. Truck & Bus Historic and Forecast Sales By Regions
- 8.6. Construction & Mining Vehicles Historic and Forecast Sales By Regions
- 8.7. Agricultural Tractors Historic and Forecast Sales By Regions
- 8.8. Industrial Vehicle Historic and Forecast Sales By Regions
- 8.9. Motorcycle & Scooters Historic and Forecast Sales By Regions
9. GLOBAL RUBBER TIRE MARKET ANALYSIS BY GEOGRAPHY
- 9.1. Regional Outlook
- 9.2. Introduction
- 9.3. North America Sales Analysis
- 9.3.1 Overview, Historic and Forecast Data Sales Analysis
- 9.3.2 North America By Segment Sales Analysis
- 9.3.3 North America By Country Sales Analysis
- 9.3.4 United States Sales Analysis
- 9.3.5 Canada Sales Analysis
- 9.3.6 Mexico Sales Analysis
- 9.4. Europe Sales Analysis
- 9.4.1 Overview, Historic and Forecast Data Sales Analysis
- 9.4.2 Europe By Segment Sales Analysis
- 9.4.3 Europe By Country Sales Analysis
- 9.4.4 United Kingdom Sales Analysis
- 9.4.5 France Sales Analysis
- 9.4.6 Germany Sales Analysis
- 9.4.7 Italy Sales Analysis
- 9.4.8 Russia Sales Analysis
- 9.4.9 Rest Of Europe Sales Analysis
- 9.5. Asia Pacific Sales Analysis
- 9.5.1 Overview, Historic and Forecast Data Sales Analysis
- 9.5.2 Asia Pacific By Segment Sales Analysis
- 9.5.3 Asia Pacific By Country Sales Analysis
- 9.5.4 China Sales Analysis
- 9.5.5 India Sales Analysis
- 9.5.6 Japan Sales Analysis
- 9.5.7 South Korea Sales Analysis
- 9.5.8 Australia Sales Analysis
- 9.5.9 South East Asia Sales Analysis
- 9.5.10 Rest Of Asia Pacific Sales Analysis
- 9.6. Latin America Sales Analysis
- 9.6.1 Overview, Historic and Forecast Data Sales Analysis
- 9.6.2 Latin America By Segment Sales Analysis
- 9.6.3 Latin America By Country Sales Analysis
- 9.6.4 Brazil Sales Analysis
- 9.6.5 Argentina Sales Analysis
- 9.6.6 Peru Sales Analysis
- 9.6.7 Chile Sales Analysis
- 9.6.8 Rest of Latin America Sales Analysis
- 9.7. Middle East & Africa Sales Analysis
- 9.7.1 Overview, Historic and Forecast Data Sales Analysis
- 9.7.2 Middle East & Africa By Segment Sales Analysis
- 9.7.3 Middle East & Africa By Country Sales Analysis
- 9.7.4 Saudi Arabia Sales Analysis
- 9.7.5 UAE Sales Analysis
- 9.7.6 Israel Sales Analysis
- 9.7.7 South Africa Sales Analysis
- 9.7.8 Rest Of Middle East And Africa Sales Analysis
10. COMPETITIVE LANDSCAPE OF THE RUBBER TIRE COMPANIES
- 10.1. Rubber Tire Market Competition
- 10.2. Partnership/Collaboration/Agreement
- 10.3. Merger And Acquisitions
- 10.4. New Product Launch
- 10.5. Other Developments
11. COMPANY PROFILES OF RUBBER TIRE INDUSTRY
- 11.1. Top Companies Market Share Analysis
- 11.2. Market Concentration Rate
- 11.3. Apollo Tyres Ltd.
- 11.3.1 Company Overview
- 11.3.2 Company Revenue
- 11.3.3 Products
- 11.3.4 Recent Developments
- 11.4. Bridgestone Corporation
- 11.4.1 Company Overview
- 11.4.2 Company Revenue
- 11.4.3 Products
- 11.4.4 Recent Developments
- 11.5. CEAT Ltd.
- 11.5.1 Company Overview
- 11.5.2 Company Revenue
- 11.5.3 Products
- 11.5.4 Recent Developments
- 11.6. China National Tire & Rubber Co. Ltd
- 11.6.1 Company Overview
- 11.6.2 Company Revenue
- 11.6.3 Products
- 11.6.4 Recent Developments
- 11.7. Continental AG
- 11.7.1 Company Overview
- 11.7.2 Company Revenue
- 11.7.3 Products
- 11.7.4 Recent Developments
- 11.8. Cooper Tire & Rubber Company
- 11.8.1 Company Overview
- 11.8.2 Company Revenue
- 11.8.3 Products
- 11.8.4 Recent Developments
- 11.9. Giti Tire
- 11.9.1 Company Overview
- 11.9.2 Company Revenue
- 11.9.3 Products
- 11.9.4 Recent Developments
- 11.10. Hangzhou Zhongce Rubber Co. Ltd.
- 11.10.1 Company Overview
- 11.10.2 Company Revenue
- 11.10.3 Products
- 11.10.4 Recent Developments
- 11.11. Hankook Tire
- 11.11.1 Company Overview
- 11.11.2 Company Revenue
- 11.11.3 Products
- 11.11.4 Recent Developments
- 11.12. Kumho Tire Co. Inc.
- 11.12.1 Company Overview
- 11.12.2 Company Revenue
- 11.12.3 Products
- 11.12.4 Recent Developments
- 11.13. Michelin
- 11.13.1 Company Overview
- 11.13.2 Company Revenue
- 11.13.3 Products
- 11.13.4 Recent Developments
- 11.14. Nexen Tire Corporation
- 11.14.1 Company Overview
- 11.14.2 Company Revenue
- 11.14.3 Products
- 11.14.4 Recent Developments
- 11.15. Nokian Tyres Plc
- 11.15.1 Company Overview
- 11.15.2 Company Revenue
- 11.15.3 Products
- 11.15.4 Recent Developments
- 11.16. Pirelli & C. S.P.A.
- 11.16.1 Company Overview
- 11.16.2 Company Revenue
- 11.16.3 Products
- 11.16.4 Recent Developments
- 11.17. Qingdao Fullrun Tyre Corp. Ltd.
- 11.17.1 Company Overview
- 11.17.2 Company Revenue
- 11.17.3 Products
- 11.17.4 Recent Developments
- 11.18. Sumitomo Rubber Industries Ltd
- 11.18.1 Company Overview
- 11.18.2 Company Revenue
- 11.18.3 Products
- 11.18.4 Recent Developments
Note - In company profiling, financial details and recent developments are subject to availability or might not be covered in the case of private companies