Automotive Tires Summary
The global Automotive Tires market will reach Volume Million USD in 2019 and with a CAGR xx% between 2020-2026.
Product Type Coverage Market Size & Forecast, Major Company of Product
The global automotive tire market size is projected to reach $309 billion by 2019, growing at a CAGR of 7.6% from 2020 to 2026. Automotive tire covers the wheel’s rim, externally to protect it and withstand the tractive force between the road surface and vehicle. Since it is manufactured from rubber, it provides flexible cushion, thereby, reducing the impact of vibrations and absorbing shock. The demand for tire has exponentially increased due to the rise in demand for vehicles across all segments. Thus, the tire demand is ultimately governed by automobile production, supplementing the growth of the automotive tire industry.
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Automotive Tires Type etc. :
- Bias Tire
- Radial Tire
Demand Coverage Market Size & Forecast, Consumer Distribution :
- Passenger Vehicles
- Commercial Vehicles
Company Coverage Sales data, Main Products & Services etc. :
- Bridgestone Corporation
- Continental AG
- Cooper Tire and Rubber Company
- Hankook Tire
- Pirelli & C.S.p.A
- Sumitomo Rubber Industries Ltd.
- The Goodyear Tire and Rubber Company
- Toyo Tire
- Yokohama Rubber Co., Ltd.
Major Region Market
- North America
- South America
- Middle East & Africa
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