The global Auto Tyre market will reach 193100 million US$ by the end of 2025.
The auto tire is a ring-shaped vehicle component that covers the wheel’s rim to protect it and enable better vehicle performance. Auto tires provide traction between the vehicle and the road while providing a flexible cushion that absorbs shock.
Europe is the largest consumption market while it is also a larger supplier of auto tires. Based on the high-developed automotive industry, the auto tire industry started early and three of the top five auto tire manufacturers set their headquarters in Europe. They are France based Mechilin, Germany based Continental AG and Italy based Pirelli.
The U.S. is the second largest market of auto tires. With the fast development of the automotive industry in the last century, many manufacturers built plants in the US, Canada, and Brazil to meet this market demand. Likely, Japan is also a major supplier of auto tires, with its mature auto tire industry and developed manufacturing industry.
In the global market, cooperation and acquisition between companies are common. When coming into a new market, cooperation with domestic companies is a good way to occupy the market share. Through this way, companies can make use of resource adequately.
The global Auto Tyre market is valued at XX million US$ and will reach 193100 million US$ by the end of 2025, growing at a CAGR of XX% during 2019-2025.
Global Auto Tyre Market Professional Survey Report 2019 (Updated April) is a professional and in-depth study and available exclusively through Trusted Business Insights. Annual estimates and forecasts are provided for the period 2018 through 2025. Also, a five-year historic analysis is provided for these markets in this 109 pages report.
This market report provides in-depth analytics of the Auto Tyre industry including definition, classification, application and industry chain structure. The report focuses on global major leading industry players with information such as company profiles, product picture and specifications, sales, market share, and contact information.
Auto Tyre market report includes an in-depth analysis of the competitive landscape of this business vertical, constituting companies like:
Products Segmentation, this report displays the production, revenue, price, market share, and growth rate of each type as below:
By Industrial Application, the market can be split into:
Light Truck Tyre
Passenger Car Tyre
Market Segment by Regions includes:
- North America (the USA, Canada, and Mexico)
- Europe (Germany, France, UK, Russia, and Italy)
- Asia-Pacific (China, Japan, Korea, India, and Southeast Asia)
- South America
- Middle East and Africa.
Trusted Business Insights
Blogger & Influencer Marketing Executive
US: +1 646 568 9797
UK: +44 330 808 0580