Automotive Tire Market by Vehicle Type (passenger car, light commercial vehicle, heavy commercial vehicle, and two wheeler), by Type (radial tire, and bias tire) - Global Opportunity Analysis and Industry Forecast, 2014-2022
- ALL280715
- 77 Pages
- January 2017
- Automotive and Transportation
The global automotive tire market is projected to reach $306,098 million by 2022, growing at a CAGR of 7.6% during the forecast period. Automotive tire is circular shaped automobile component used to cover wheel’s rim externally to protect the wheel rim and enhance the vehicle performance. It also offers tractive force between the road surface and vehicle.
The market segmentation is based on type, vehicle type, and geography. By type, the market is classified into radial tire and bias tire. On the basis of vehicle type, it is categorized into passenger cars, light commercial vehicles, heavy commercial vehicles, and two wheeler. Geographically, it is analyzed across North America (U.S., Canada, and Mexico), Europe (Germany, France, Italy, UK, and rest of Europe), Asia-Pacific (China, Australia, Japan, India, and rest of Asia-Pacific), and LAMEA (Latin America, Middle East, and Africa).
On the basis of application, world automotive tire market is segmented into four major types, namely, passenger car tire, light commercial vehicle (LCV) tire, high commercial vehicle (HCV) tire, and two wheeler tire. Passenger car tire is the fastest growing segment due to the rise in the demand of passenger cars.
Intense competition between global tire manufacturers to produce sustainable, highly durable, and affordable tires is anticipated to propel the growth of the tire market. In addition, adoption of advanced technology in the manufacturing process of tires is anticipated to drive the market growth.
However, the material cost required for replacing worn out tires is much less than manufacturing new tires; thus, rise in retreading tire is anticipated to become a threat to this market. Also, the fluctuation in prices of raw material such as natural rubber and reinforcing materials may hinder the market growth.
However, improving economy of emerging countries such as China, India, Brazil and South Africa may create opportunity to expand the market.
The key players profiled in the automotive tire market include Bridgestone Corporation, Continental AG, Pirelli C. S.p.A., Michelin, The Goodyear Tire & Rubber Co., Sumitomo Rubber Industries, Ltd., Madras Rubber Factory Limited, The Yokohama Rubber Co. Ltd., JK Tyre & Industries Ltd., and CEAT Ltd.
KEY BENEFITS
- The report includes an extensive analysis of the factors that drive as well as restrain the world automotive tire market.
- The market projections from 2014 to 2022 are included, along with the affecting factors.
- The report also provides quantitative as well as qualitative trends to assist the stakeholders to understand the situations prevailing in the market.
- Extensive analysis by vehicle type helps in understanding the various types of vehicles utilizing automotive tires in the vehicle.
- Competitive intelligence highlights the business practices followed by leading market players across various geographies.
AUTOMOTIVE TIRE MARKET SEGMENTATION
BY TYPE
- Radial Tire
- Bias Tire
BY VEHICLE TYPE
- Passenger Cars
- Light Commercial Vehicles
- Heavy Commercial Vehicles
- Two Wheeler
BY GEOGRAPHY
- North America
- U.S.
- Canada
- Mexico
- Europe
- Germany
- France
- Italy
- UK
- Rest of Europe
- Asia-Pacific
- China
- Australia
- Japan
- India
- Rest of Asia-Pacific
- LAMEA
- Latin America
- Middle East
- Africa
MARKET PLAYERS IN THE VALUE CHAIN
- Bridgestone Corporation
- Continental AG
- Pirelli & C. S.p.A.
- Michelin
- The Goodyear Tire & Rubber Co.
- Sumitomo Rubber Industries, Ltd.
- MRF Tyres
- The Yokohama Rubber Co. Ltd.
- JK Tyre & Industries Ltd.
- CEAT Ltd.
Chapter: 1 Introduction
1.1 Report Description
1.2 Key Benefits for Stakeholders
1.3 Key Market Segments
1.4 Research Methodology
1.4.1 Secondary Research
1.4.2 Primary Research
1.4.3 Analyst Tools and Models
Chapter: 2 Executive Summary
2.1 Market Snapshot
2.2 CXO Perspective
Chapter: 3 Market Overview
3.1 Market Definition and Scope
3.2 Key Findings
3.2.1 Top Impacting Factor
3.2.2 Top Winning Strategies
3.2.3 Top Investment Pockets
3.3 Porters Five Forces Analysis
3.4 Market Share Analysis, 2015
3.5 Drivers
3.5.1 Increase Automotive Sales Across Different Segments
3.5.2 Rise in Competition Among Global Tire Manufacturers
3.5.3 Introduction of Advanced Technology in Manufacturing Process
3.5.4 Increase in Operating Life of Automobiles
3.6 Restraints
3.6.1 Growing Market of Retreading Tires
3.6.2 Fluctuating Cost of Raw Material
3.7 Opportunities
3.7.1 Improving Economy Resulting Into Favorable Conditions for Manufacturing Sector
3.7.2 Anticipated Rise in Automobile Sector
Chapter: 4 World Automotive Tire Market, By Vehicle Type
4.1 Introduction
4.2 Passenger Car Tire Market
4.2.1 Key Market Trends, Growth Factors and Opportunities
4.2.2 Market Size and Forecast
4.2.3 North America Passenger Car Tire Market, ($Million), Growth (%) 2014-2022
4.2.4 Europe Passenger Car Tire Market, ($Million), Growth (%) 2014-2022
4.2.5 Asia-Pacific Passenger Car Tire Market, ($Million), Growth (%) 2014-2022
4.2.6 LAMEA Passenger Car Tire Market, ($Million), Growth (%) 2014-2022
4.3 Light Commercial Vehicle (Lcv) Tire Market
4.3.1 Key Market Trends, Growth Factors and Opportunities
4.3.2 Market Size and Forecast
4.3.3 North America Lcv Tire Market, ($Million), Growth (%) 2014-2022
4.3.4 Europe Lcv Tire Market, ($Million), Growth (%) 2014-2022
4.3.5 Asia-Pacific Lcv Tire Market, ($Million), Growth (%) 2014-2022
4.3.6 LAMEA Lcv Tire Market, ($Million), Growth (%) 2014-2022
4.4 Heavy Commercial Vehicle (Hcv) Tire Market
4.4.1 Key Market Trends, Growth Factors and Opportunities
4.4.2 Market Size and Forecast
4.4.3 North America Hcv Tire Market, ($Million), Growth (%) 2014-2022
4.4.4 Europe Hcv Tire Market, ($Million), Growth (%) 2014-2022
4.4.5 Asia-Pacific Hcv Tire Market, ($Million), Growth (%) 2014-2022
4.4.6 LAMEA Hcv Tire Market, ($Million), Growth (%) 2014-2022
4.5 Two Wheelers Tire Market
4.5.1 Key Market Trends, Growth Factors and Opportunities
4.5.2 Market Size and Forecast
4.5.3 North America Two Wheeler Tire Market, ($Million), Growth (%) 2014-2022
4.5.4 Europe Two Wheeler Tire Market, ($Million), Growth (%) 2014-2022
4.5.5 Asia-Pacific Two Wheeler Tire Market, ($Million), Growth (%) 2014-2022
4.5.6 LAMEA Two Wheeler Tire Market, ($Million), Growth (%) 2014-2022
Chapter: 5 World Automotive Tire Market, By Type
5.1 Introduction
5.2 Radial Tire Market
5.2.1 Key Market Trends, Growth Factors and Opportunities
5.2.2 Market Size and Forecast
5.2.3 Key Player Positioning
5.2.4 North America Radial Tire Market, ($Million), Growth (%) 2014-2022
5.2.5 Europe Radial Tire Market, ($Million), Growth (%) 2014-2022
5.2.6 Asia-Pacific Radial Tire Market, ($Million), Growth (%) 2014-2022
5.2.7 LAMEA Radial Tire Market, ($Million), Growth (%) 2014-2022
5.3 Bias Tire Market
5.3.1 Key Market Trends, Growth Factors and Opportunities
5.3.2 Market Size and Forecast
5.3.3 Key Player Positioning
5.3.4 North America Bias Tire Market, ($Million), Growth (%) 2014-2022
5.3.5 Europe Bias Tire Market, ($Million), Growth (%) 2014-2022
5.3.6 Asia-Pacific Bias Tire Market, ($Million), Growth (%) 2014-2022
5.3.7 LAMEA Bias Tire Market, ($Million), Growth (%) 2014-2022
Chapter: 6 World Automotive Tire Market, By Geography
6.1 Introduction
6.2 North America Automotive Tire Market
6.2.1 Key Market Trends, Growth Factors and Opportunities
6.2.2 Market Size and Forecast
6.3 Europe Automotive Tire Market
6.3.1 Key Market Trends, Growth Factors and Opportunities
6.3.2 Market Size and Forecast
6.4 Asia-Pacific Automotive Tire Market
6.4.1 Key Market Trends, Growth Factors and Opportunities
6.4.2 Market Size and Forecast
6.5 LAMEA
6.5.1 Key Market Trends, Growth Factors and Opportunities
6.5.2 Market Size and Forecast
Chapter: 7 RELATED INDUSTRY INSIGHTS
7.1. Global Air Quality Monitoring Market
7.1.1. Executive Summary
7.2. Global Automotive Interiors Market
7.2.1. Executive Summary
7.3. Global Automotive Lighting Market
7.3.1. Executive Summary
7.4. Global Air Freshener Market
7.4.1. Executive Summary
7.5. Global Air Compressor Market
7.5.1. Executive Summary
Chapter: 8 Related Industry Insights
8.1. Global Air Quality Monitoring Market
8.1.1. Executive Summary
8.2. Global Automotive Interiors Market
8.2.1. Executive Summary
8.3. Global Automotive Lighting Market
8.3.1. Executive Summary
8.4. Global Air Freshener Market
8.4.1. Executive Summary
8.5. Global Air Compressor Market
8.5.1. Executive Summary
Chapter: 9 Company Profiles
9.1. Bridgestone Corporation
9.1.1. Company Overview
9.1.2. Operating Business Segments
9.1.3. Key Strategic Moves and Developments
9.2. Continental Ag
9.2.1. Company Overview
9.2.2. Operating Business Segments
9.2.3. Key Strategic Moves and Developments
9.3. Pirelli & C. S.P.A.
9.3.1. Company Overview
9.3.2. Operating Business Segments
9.3.3. Key Strategic Moves and Developments
9.4. Michelin
9.4.1. Company Overview
9.4.2. Operating Business Segments
9.4.3. Key Strategic Moves and Developments
9.5. The Goodyear Tire & Rubber Co. Ltd.
9.5.1. Company Overview
9.5.2. Operating Business Segments
9.5.3. Key Strategic Moves and Developments
9.6. Sumitomo Rubber Industries Ltd.
9.6.1. Company Overview
9.6.2. Operating Business Segments
9.6.3. Key Strategic Moves and Developments
9.7. MRF Tyres
9.7.1. Company Overview
9.7.2. Operating Business Segments
9.7.3. Key Strategic Moves and Developments
9.8. The Yokohama Rubber Co. Ltd.
9.8.1. Company Overview
9.8.2. Operating Business Segments
9.8.3. Key Strategic Moves and Developments
9.9. JK Tyre & Industries Ltd.
9.9.1. Company Overview
9.9.2. Operating Business Segments
9.9.3. Key Strategic Moves and Developments
9.10. Ceat Ltd.
9.10.1. Company Overview
9.10.2. Operating Business Segments
9.10.3. Key Strategic Moves and Developments
LIST of TABLES
TABLE 1 WORLD PASSENGER CAR TIREMARKET, ($MILLION), GROWTH (%) 2014-2022
TABLE 2 NORTH AMERICAPASSENGER CAR TIREMARKET, ($MILLION), GROWTH (%) 2014-2022
TABLE 3 EUROPEPASSENGER CAR TIRE MARKET, ($MILLION), GROWTH (%) 2014-2022
TABLE 4 ASIA-PACIFIC PASSENGER CAR TIRE MARKET, ($MILLION), GROWTH (%) 2014-2022
TABLE 5 LAMEA PASSENGER CAR TIRE MARKET, ($MILLION), GROWTH (%) 2014-2022
TABLE 6 WORLD LCV TIRE MARKET, ($MILLION), GROWTH (%) 2014-2022
TABLE 7 NORTH AMERICA LCV TIRE MARKET, ($MILLION), GROWTH (%) 2014-2022
TABLE 8 EUROPE LCV TIREMARKET, ($MILLION), GROWTH (%) 2014-2022
TABLE 9 ASIA-PACIFIC LCV TIRE MARKET, ($MILLION), GROWTH (%) 2014-2022
TABLE 10 LAMEA LCV TIRE MARKET, ($MILLION), GROWTH (%) 2014-2022
TABLE 11 WORLD HCV TIRE MARKET, ($MILLION), GROWTH (%) 2014-2022
TABLE 12 NORTH AMERICA HCV TIRE MARKET, ($MILLION), GROWTH (%) 2014-2022
TABLE 13 EUROPE HCV TIRE MARKET, ($MILLION), GROWTH (%) 2014-2022
TABLE 14 ASIA-PACIFIC HCV TIRE MARKET, ($MILLION), GROWTH (%) 2014-2022
TABLE 15 LAMEA HCV TIRE MARKET, ($MILLION), GROWTH (%) 2014-2022
TABLE 16 WORLD TWO WHEELER TIRE MARKET, ($MILLION), GROWTH (%) 2014-2022
TABLE 17 NORTH AMERICA TWO WHEELER TIRE MARKET, ($MILLION), GROWTH (%) 2014-2022
TABLE 18 EUROPE TWO WHEELER TIRE MARKET, ($MILLION), GROWTH (%) 2014-2022
TABLE 19 ASIA-PACIFIC TWO WHEELER TIRE MARKET, ($MILLION), GROWTH (%) 2014-2022
TABLE 20 LAMEA TWO WHEELER TIRE MARKET, ($MILLION), GROWTH (%) 2014-2022
TABLE 21 WORLD RADIAL TIRE MARKET, ($MILLION), GROWTH (%) 2014-2022
TABLE 22 NORTH AMERICA RADIAL TIRE MARKET, ($MILLION), GROWTH (%) 2014-2022
TABLE 23 EUROPE RADIAL TIRE MARKET, ($MILLION), GROWTH (%) 2014-2022
TABLE 24 ASIA-PACIFICRADIAL TIRE MARKET, ($MILLION), GROWTH (%) 2014-2022
TABLE 25 LAMEARADIAL TIRE MARKET, ($MILLION), GROWTH (%) 2014-2022
TABLE 26 WORLD BIAS TIRE MARKET, ($MILLION), GROWTH (%) 2014-2022
TABLE 27 NORTH AMERICA BIAS TIRE MARKET, ($MILLION), GROWTH (%) 2014-2022
TABLE 28 EUROPE BIAS TIRE MARKET, ($MILLION), GROWTH (%) 2014-2022
TABLE 29 ASIA-PACIFIC BIAS TIRE MARKET, ($MILLION), GROWTH (%) 2014-2022
TABLE 30 LAMEA BIAS TIRE MARKET, ($MILLION), GROWTH (%) 2014-2022
TABLE 31 NORTH AMERICAAUTOMOTIVE TIREMARKET, ($MILLION), GROWTH (%) 2014-2022
TABLE 32 EUROPE AUTOMOTIVE TIRE MARKET, ($MILLION), GROWTH (%) 2014-2022
TABLE 33 ASIA-PACIFIC AUTOMOTIVE TIREMARKET, ($MILLION), GROWTH (%) 2014-2022
TABLE 34 LAMEA AUTOMOTIVE TIRE MARKET, ($MILLION), GROWTH (%) 2014-2022
TABLE 36. BRIDGESTONE CORPORATION: COMPANY SNAPSHOT
TABLE 37. BRIDGESTONE CORPORATION: OPERATING SEGMENTS
TABLE 38. CONTINENTAL AG: COMPANY SNAPSHOT
TABLE 39. CONTINENTAL AG: OPERATING SEGMENTS
TABLE 40. PIRELLI & C. S.p.A.: COMPANY SNAPSHOT
TABLE 41. PIRELLI & C. S.p.A.: OPERATING SEGMENTS
TABLE 42. MICHELIN: COMPANY SNAPSHOT
TABLE 43. MICHELIN: OPERATING SEGMENTS
TABLE 44. THE GOODYEAR TYRE & RUBBER CO. LTD.: COMPANY SNAPSHOT
TABLE 45. THE GOODYEAR TYRE & RUBBER CO. LTD.: OPERATING SEGMENTS
TABLE 46. SUMITOMO RUBBER INDUSTRIES LTD.: COMPANY SNAPSHOT
TABLE 47. SUMITOMO RUBBER INDUSTRIES LTD.: OPERATING SEGMENTS
TABLE 48. MRF TYRES: COMPANY SNAPSHOT
TABLE 49. MRF TYRES: OPERATING SEGMENTS
TABLE 50. THE YOKOHAMA RUBBER CO. LTD.: COMPANY SNAPSHOT
TABLE 51. THE YOKOHAMA RUBBER CO. LTD.: OPERATING SEGMENTS
TABLE 52. JK TYRE & INDUSTRIES LTD.: COMPANY SNAPSHOT
TABLE 53. JK TYRE & INDUSTRIES LTD.: OPERATING SEGMENTS
TABLE 54. CEAT LTD.: COMPANY SNAPSHOT
TABLE 55. CEAT LTD.: OPERATING SEGMENTS
LIST of FIGURES
FIG. 1 TOP IMPACTING FACTORS
FIG. 2 TOP WINNING STRATEGIES in THE TIRE MARKET (2014-2016)
FIG. 3 TOP WINNING STRATEGIES (%) (2014-2016)
FIG. 4 TOP INVESTMENT POCKETS
FIG. 5 PORTERS FIVE FORCES ANALYSIS of AUTOMOTIVE TIRE MARKET
FIG. 6 GROWTH in THE SALES of CARS WORLDWIDE
FIG. 7 GROWTH in THE SALES of COMMERCIAL VEHICLES WORLDWIDE
FIG. 8 WORLD AUTOMOTIVE TIRE MARKET BY APPLICATION, 2015(%)
FIG. 9 WORLD AUTOMOTIVE TIRE MARKET BY TYPE, 2015(%)
FIG. 10 WORLD AUTOMOTIVE TIRE MARKET BY GEOGRAPHY, 2015(%)
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