Automotive Tire Market Overview:

Global Automotive Tire Market size was valued at USD 19.60 Bn in 2023 and Automotive Tire market revenue is expected to reach USD 22.82 Bn by 2030, at a CAGR of 2.2 % over the forecast period.

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Automotive Tire Market Report Scope and Research Methodology:

The research provides a thorough examination of various business strategies employed by leading organizations, such as alliances, mergers, acquisitions, and cooperative efforts. Market size was determined using a bottom-up valuation approach. The report utilizes Porter's Five Forces Analysis and SWOT analysis to assess the competitive landscape of the Automotive Tire Market# Market industry, focusing on key global players. The study employed techniques including investment return evaluation, feasibility studies, and Porter's Five Forces analysis to analyze the Automotive Tire Market## Market. Regional and global market sizes were determined using the bottom-up method. Additionally, through SWOT analysis, the research evaluated each company's market position, identifying strengths, weaknesses, opportunities, and threats.

Automotive Tire Market Regional Insights:

Regional analysis is conducted to assess the status of the Automotive Tire Market in countries belonging to North America, Europe, Asia Pacific, Latin America, the Middle East, and Africa. The report provides a comprehensive analysis of several factors such as market size, growth rate, and import-export activities, across different regions. The Automotive Tire Market is segmented broadly into these regions, allowing for a detailed understanding of the market landscape and dynamics in each geographical area.

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Automotive Tire Market Segmentation:

by Vehicle Type

Passenger Cars
Light Trucks and SUVs
Commercial Vehicles
Two-Wheelers

by Tire Type

Summer Tires
All-Season Tires
Winter Tires
Performance Tires
Run-Flat Tires
Off-Road Tires
Specialty Tires

by Rim Size

13"_15"
16"_18"
19"_21"
>21"

by End-User

OEM (Original Equipment Manufacturer)
Aftermarket

Automotive Tire Market Key Players:

1. Bridgestone Corporation
2. Michelin
3. Goodyear Tire & Rubber Company
4. Continental AG
5. Pirelli & C. S.p.A.
6. Sumitomo Rubber Industries
7. Hankook Tire Co. Ltd.
8. Cooper Tire & Rubber Company
9. Yokohama Rubber Co., Ltd.
10. Toyo Tire Corporation
11. Kumho Tire Co., Inc.
12. Nokian Tyres plc
13. MRF Ltd.
14. CEAT Ltd.
15. Apollo Tyres Ltd.
16. Nexen Tire Corporation
17. Hankook Tire America Corp.
18. Maxxis International
19. Giti Tire Group
20. Falken Tires

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Key questions answered in the Automotive Tire Market are:

  • What is Automotive Tire Market?
  • What was the Automotive Tire Market size in 2023?
  • What is the growth rate of the Automotive Tire Market?
  • Which are the factors expected to drive the Automotive Tire Market growth?
  • What are the different segments of the Automotive Tire Market?
  • What growth strategies are the players considering to increase their presence in Automotive Tire Market?
  • What are the upcoming industry applications and trends for the Automotive Tire Market?
  • What segments are covered in the Automotive Tire Market?
  • Who are the leading companies and what are their portfolios in Automotive Tire Market?
  • What segments are covered in the Automotive Tire Market?
  • Who are the key players in the Automotive Tire Market?

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Key Offerings:

  • Past Market Size and Competitive Landscape 
  • Past Pricing and price curve by region 
  • Market Size, Share, Size & Forecast by Different Segment | 2024−2030
  • Market Dynamics – Growth Drivers, Restraints, Opportunities, and Key Trends by Region
  • Market Segmentation – A detailed analysis by segment with their sub-segments and Region
  • Competitive Landscape – Profiles of selected key players by region from a strategic perspective
  • Competitive landscape – Market Leaders, Market Followers, Regional player
  • Competitive benchmarking of key players by region
  • PESTLE Analysis
  • PORTER’s analysis
  • Value chain and supply chain analysis
  • Legal Aspects of Business by Region
  • Lucrative business opportunities with SWOT analysis
  • Recommendations

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