Global Tire (Tyre) Market Research Report, 2027

Global tire market is expected to grow to more than 2700 Million Tires by 2027. This report consist industry trends & major growing factors with market players.

Featured Companies

  • 1. Bridgestone
  • 2. Apollo Tyres
  • 3. Ceat Tyres
  • 4. Continental
  • 5. Giti Tire
  • 6. Goodyear Tyres
  • 7. Hankook Tire
  • 8. JK Tyre
  • 9. Kenda Rubber
  • More...

The Global tyre market is an allied market to the rapidly shifting automotive market. As vehicles are getting more efficient, infrastructure is getting smoother; the tyre market finds itself a suitable pedestal to grow upon. According to the report titled, “Global Tire Market Research Report, 2027”, published by Actual Market Research the global tyre market is expected to grow to more than 2700 Million tyres by the year 2027. The global tyre market report has been segmented on the basis of vehicle types they are used on which include vehicles such as passenger cars, light commercial vehicles, medium and heavy vehicles, 2 wheeler vehicles, 3 wheelers, and other vehicles including bicycles. The market is also categorized based on end-use demand which includes demand for replacement tyres and OEM demand for tyres. On the basis of design types, the tyre market is segmented as radial tyres and bias-ply tyres. In order to have a broader understanding of the global landscape of the tyre market, further segmentation has been made based on regions, countries, companies, and the sales channels through which the product is made available to the distributors and customers. Increasing sales of passenger, luxury, and electric vehicles (EVs) on account of rapid urbanization and expanding purchasing power of individuals represent one of the major factors positively influencing the demand for tires around the world. In addition, the rising focus on driver and passenger safety and the growing number of fatal road accidents are catalyzing the demand for premium quality tires that have a longer operational life, enhanced stability and reliability, and high puncture resistance. Apart from this, key players are launching eco-friendly, lightweight, and airless three-dimensional (3D) printed variants. They are also focusing on recovering and recycling used tires to minimize their environmental impact and save a considerable amount of energy required to manufacture new ones. Besides this, there is a rise in the number of logistics and transportation activities to deliver packages on time. This, in turn, is propelling the market growth.

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Furthermore, increasing numbers of farming activities in the agricultural industry are anticipated to create lucrative growth opportunities for the market. Many countries are implementing strict tire performance regulations, including fuel savings and wet grip-related braking distance reduction, in response to growing safety concerns. As a result, there is much potential for tire manufacturing businesses to develop tires that can comply with standards. As a result of increased technological breakthroughs, suppliers are developing extremely effective tires that improve automobiles' overall fuel efficiency. Self-inflating technology and Low Rolling Resistance (LRR) technology are used by tire manufacturers to enhance safety and increase fuel efficiency. These developments are fueling the market growth. The manufacturers that make tires are developing a system called "Contact Area Information Sensing" (CAIS), which consists of a sensor mounted to the internal wall of the tire and monitors the sensor's interactions with the road's surface. The technology analyzes the state of the road to determine whether it is dry, wet, slushy, fresh snow, or icy, and then transmits that information in real-time to the driver via a digital screen. The ability to exchange data with other vehicles that are similarly networked would allow CAIS technology, which is currently used by tire manufacturers, to become more advanced. This might enable the vehicle to foresee the actions of the automobile in front. In the future, CAIS may connect air pressure data with air pressure sensors and provide information on tread wear. To improve performance and productivity on the one hand and to lessen the miner's exposure to risks, BKT has also implemented automated equipment and monitoring systems. The SPOTech (Satellite Performance Optimization Technology) monitoring system is designed to take measurements of variables such as average/maximum speed, cycle times, lateral/vertical/longitudinal forces, percent grade, and other relevant data that can be used to optimize haul road construction and resolve problems with tire operation such as uneven wear, belt contour separations, and heat buildup. These advancements in technology which provide better and convenience use to the consumer will drive the market in the forecast period. Globally it has been observed that the different regions have different share patterns depending on the stage of the economy and the penetration of the automotive market and its allied tyre market. In highly developed regions in the globe, such as North America and Europe, where vehicle per 1000 inhabitants metric stands relatively higher than the rest of the world. In regions such as the Asia Pacific, which has become the hub for automotive manufacturing and assembly due to highly competitive labor rates, the productions, as well as sales of tyres, are growing rapidly. South America on the other hand is a major avenue for tyre production and assembly of automotive in the western hemisphere. However, the South American markets are a little far from the Asian Pacific market which is poised with suitable demographics and economic Research Report trends. However, a common characteristic of both these regional markets is that the global trend of using radial tyres is still penetrating these markets. Growing economic metrics like GDP per capita, personal disposable income in these regions suggest that their spending habits on the use of personal vehicles will be different from that in developed countries. Therefore the vehicle tyre consumptions on the basis of vehicle types also show slightly inconsistent patterns in some of the segments. However, irrespective of that, it has been observed that globally, passenger cars are the biggest driver for the global tyre market contributing to roughly 60% of the market size in value terms. However, due to the greater scope of penetration 3 wheelers and other vehicle tyres were the fastest growing tyre segment and are expected to continue a strong growth momentum by growing at a CAGR of more than 9% during the forecast period of 2022 to 2027.

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Kripa Shah

Kripa Shah

Senior Analyst

COVID-19 Impact The market was heavily influenced by the pandemic and the spread of the virus. Firstly the market experienced decline in demand with the shutting down of automobile production plants across the globe. Along with this, the travel restriction around the world caused in decreased wear and tear of tires which decreased the demand for replacement tires in the market. The market was heavily affected by the economic distress created by the pandemic. The fluctuation of prices for crude oil, an important raw material for tire manufacturing hampered the market significantly. Key Players Apollo Tires, Bridgestone, CEAT Tires, Continental, Giti, Goodyears Tires, Hankook, JK tires, Kenda Kumho, Maxxis International, Michelin, MRF, Nexen Tire Corp, Nokian Tires, Pirelli, Sailun Group Co., Ltd, Sumitomo Rubber Industries, Titan International , Toyo Tire Corporation, Triangle Tire Co, Zhongce Rubber Group Co, Yokohama, Doublestar Tire, Linglong, Nankang Considered in the report • Geography: Global • Base Year: 2021 • Historical year: 2016 • Forecasted Year: 2027

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Kripa Shah

Regions & Countries covered • North America (US, Canada, Mexico) • Europe (UK, France, Germany, Italy, Spain, Russia) • Asia Pacific (China, Japan, India, Australia) • South America (Brazil, Argentina, Columbia) • Middle East (UAE, Saudi Arabia, Qatar, South Africa) Aspects covered in the report • Market Size by Value (2016-2027F) • Market Size by Volume (2016-2027F) • Market Share by Company • Market Share by Vehicle Type • Market Share by End Use • Market Share by Design • Market Share by Sales Channel • Market Share by Region • Market Share by Country The approach of the report: We keep an eye on evolving markets and try to evaluate the potential of the products and services. If we find the market interesting, we start working on it and create the desired table of content, considering all aspects of the business. We start by creating separate questionnaires for C-level executives, national/regional sales personnel, company owners, dealers, distributors, and end-users. Once the questionnaires have been finalized, we start collecting the primary data (mostly through phone calls) and try to understand the market dynamics regionally or tier-wise. This process gives us in-depth details of the market, including all present companies, the top-performing products with reasons why they dominate; we get the details of new players and their innovative approaches; market trends; dynamics; and all the small details of the market. After the collection of primary inputs, we then cross-check the same with secondary sources that include associations, trade journals, annual reports, paid databases, newspapers, magazines, press releases, government sources, etc. From this, we get a rough estimate of the market and start checking existing product price variants, trade, production, raw material scenarios, policies and regulatory landscape, etc. Then, to finalize the market, we start collecting financials of each player present in the market, including limited, private limited, and LLPs. Moreover, we perform cross-industry and cross-region analysis of the product, and based on collected primary inputs and using statistical modeling, we start forecasting the market. We follow our forecasting algorithm, which is unique for each product but gives more weight age to primary inputs. At the same time, the content team starts preparing company profiles, market dynamics, market trends, five forces, PEST analysis, etc. Once the data is verified by the data expert, the team (primary team, content team, and data team) together crosscheck the segmentations, validate the market, and then the designing team starts plotting the graphs. Once the file is ready, the content team completes the report and makes sure that all the discussed points have been covered and provides their valuable inputs in the form of strategic recommendations for new as well as existing players. The QC team then checks the overall report that includes spell check, data verification, and makes the same dispatch ready and error-free. Intended Audience This report can be useful to industry consultants, manufacturers, suppliers, associations & organizations related to the Automotive and Transport industry, government bodies, and other stakeholders to align their market-centric strategies. In addition to marketing & presentations, it will also increase competitive knowledge about the industry.

Companies Mentioned

  • Bridgestone
  • Apollo Tyres
  • Ceat Tyres
  • Continental
  • Giti Tire
  • Goodyear Tyres
  • Hankook Tire
  • JK Tyre
  • Kenda Rubber
  • Kumho Tires
  • Maxxis International
  • Michelin
  • MRF
  • Nexen Tire Corp
  • Nokian Tyres
  • Pirelli
  • Sailun Group Co., Ltd
  • Sumitomo Rubber Industries
  • Titan International
  • Toyo Tire Corporation
  • Triangle Tyre Co
  • Zhongce Rubber Group Co
  • Yokohama
  • Doublestar Tire
  • Linglong
  • Nankang

Table of Contents

  • Table of Content
  • 1. Executive Summary
  • 2. Report Methodology
  • 3. Market Structure
  • 3.1. Market Considerate
  • 3.2. Market Definition
  • 4. Economic / Demographic Snapshot
  • 5. Global Tire Market Outlook
  • 5.1. Market Size by Value
  • 5.2. Market Size by Volume
  • 5.3. Market Share
  • 5.3.1. By Vehicle Type
  • 5.3.2. By End Use
  • 5.3.3. By Design
  • 5.3.4. By Sales Channels
  • 5.3.5. By Region
  • 5.3.6. By Country
  • 5.3.7. By Company
  • 6. North America Tire Market Outlook
  • 6.1. Market Size by Value
  • 6.2. Market Size by Volume
  • 6.3. Market Share
  • 6.3.1. By Vehicle Type
  • 6.3.2. By End Use
  • 6.3.3. By Design
  • 6.3.4. By Sales Channels
  • 6.3.5. By Country
  • 6.4. US Tire Market Outlook
  • 6.4.1. Market Size by Value
  • 6.4.2. Market Share
  • 6.4.2.1. By Vehicle Type
  • 6.4.2.2. By End Use
  • 6.4.2.3. By Design
  • 6.5. Canada Tire Market Outlook
  • 6.5.1. Market Size by Value
  • 6.5.2. Market Share
  • 6.5.2.1. By Vehicle Type
  • 6.5.2.2. By End Use
  • 6.5.2.3. By Design
  • 6.6. Mexico Tire Market Outlook
  • 6.6.1. Market Size by Value
  • 6.6.2. Market Share
  • 6.6.2.1. By Vehicle Type
  • 6.6.2.2. By End Use
  • 6.6.2.3. By Design
  • 7. Europe Tire Market Outlook
  • 7.1. Market Size by Value
  • 7.2. Market Size by Volume
  • 7.3. Market Share
  • 7.3.1. By Vehicle Type
  • 7.3.2. By End Use
  • 7.3.3. By Design
  • 7.3.4. By Sales Channels
  • 7.3.5. By Country
  • 7.4. Germany Tire Market Outlook
  • 7.4.1. Market Size by Value
  • 7.4.2. Market Share
  • 7.4.2.1. By Vehicle Type
  • 7.4.2.2. By End Use
  • 7.4.2.3. By Design
  • 7.5. United Kingdom Tire Market Outlook
  • 7.5.1. Market Size by Value
  • 7.5.2. Market Share
  • 7.5.2.1. By Vehicle Type
  • 7.5.2.2. By End Use
  • 7.5.2.3. By Design
  • 7.6. France Tire Market Outlook
  • 7.6.1. Market Size by Value
  • 7.6.2. Market Share
  • 7.6.2.1. By Vehicle Type
  • 7.6.2.2. By End Use
  • 7.6.2.3. By Design
  • 7.7. Spain Tire Market Outlook
  • 7.7.1. Market Size by Value
  • 7.7.2. Market Share
  • 7.7.2.1. By Vehicle Type
  • 7.7.2.2. By End Use
  • 7.7.2.3. By Design
  • 7.8. Italy Tire Market Outlook
  • 7.8.1. Market Size by Value
  • 7.8.2. Market Share
  • 7.8.2.1. By Vehicle Type
  • 7.8.2.2. By End Use
  • 7.8.2.3. By Design
  • 7.9. Russia Tire Market Outlook
  • 7.9.1. Market Size by Value
  • 7.9.2. Market Share
  • 7.9.2.1. By Vehicle Type
  • 7.9.2.2. By End Use
  • 7.9.2.3. By Design
  • 8. Asia-Pacific Tire Market Outlook
  • 8.1. Market Size by Value
  • 8.2. Market Size by Volume
  • 8.3. Market Share
  • 8.3.1. By Vehicle Type
  • 8.3.2. By End Use
  • 8.3.3. By Design
  • 8.3.4. By Sales Channels
  • 8.3.5. By Country
  • 8.4. China Tire Market Outlook
  • 8.4.1. Market Size by Value
  • 8.4.2. Market Share
  • 8.4.2.1. By Vehicle Type
  • 8.4.2.2. By End Use
  • 8.4.2.3. By Design
  • 8.5. Japan Tire Market Outlook
  • 8.5.1. Market Size by Value
  • 8.5.2. Market Share
  • 8.5.2.1. By Vehicle Type
  • 8.5.2.2. By End Use
  • 8.5.2.3. By Design
  • 8.6. India Tire Market Outlook
  • 8.6.1. Market Size by Value
  • 8.6.2. Market Share
  • 8.6.2.1. By Vehicle Type
  • 8.6.2.2. By End Use
  • 8.6.2.3. By Design
  • 8.7. Australia Tire Market Outlook
  • 8.7.1. Market Size by Value
  • 8.7.2. Market Share
  • 8.7.2.1. By Vehicle Type
  • 8.7.2.2. By End Use
  • 8.7.2.3. By Design
  • 9. South America Tire Market Outlook
  • 9.1. Market Size by Value
  • 9.2. Market Size by Volume
  • 9.3. Market Share
  • 9.3.1. By Vehicle Type
  • 9.3.2. By End Use
  • 9.3.3. By Design
  • 9.3.4. By Sales Channels
  • 9.3.5. By Country
  • 9.4. Brazil Tire Market Outlook
  • 9.4.1. Market Size by Value
  • 9.4.2. Market Share
  • 9.4.2.1. By Vehicle Type
  • 9.4.2.2. By End Use
  • 9.4.2.3. By Design
  • 9.5. Argentina Tire Market Outlook
  • 9.5.1. Market Size by Value
  • 9.5.2. Market Share
  • 9.5.2.1. By Vehicle Type
  • 9.5.2.2. By End Use
  • 9.5.2.3. By Design
  • 9.6. Columbia Tire Market Outlook
  • 9.6.1. Market Size by Value
  • 9.6.2. Market Share
  • 9.6.2.1. By Vehicle Type
  • 9.6.2.2. By End Use
  • 9.6.2.3. By Design
  • 10. Middle East & Africa Tire Market Outlook
  • 10.1. Market Size by Value
  • 10.2. Market Size by Volume
  • 10.3. Market Share
  • 10.3.1. By Vehicle Type
  • 10.3.2. By End Use
  • 10.3.3. By Design
  • 10.3.4. By Sales Channels
  • 10.3.5. By Country
  • 10.4. UAE Tire Market Outlook
  • 10.4.1. Market Size by Value
  • 10.4.2. Market Share
  • 10.4.2.1. By Vehicle Type
  • 10.4.2.2. By End Use
  • 10.4.2.3. By Design
  • 10.5. Saudi Arabia Tire Market Outlook
  • 10.5.1. Market Size by Value
  • 10.5.2. Market Share
  • 10.5.2.1. By Vehicle Type
  • 10.5.2.2. By End Use
  • 10.5.2.3. By Design
  • 10.6. Qatar Tire Market Outlook
  • 10.6.1. Market Size by Value
  • 10.6.2. Market Share
  • 10.6.2.1. By Vehicle Type
  • 10.6.2.2. By End Use
  • 10.6.2.3. By Design
  • 10.7. South Africa Tire Market Outlook
  • 10.7.1. Market Size by Value
  • 10.7.2. Market Share
  • 10.7.2.1. By Vehicle Type
  • 10.7.2.2. By End Use
  • 10.7.2.3. By Design
  • 11. Market Dynamics
  • 11.1. Key Drivers
  • 11.2. Key Challenges
  • 12. Market Trends and Developments
  • 12.1. XXXXXXXXXXX
  • 12.2. XXXXXXXXXXX
  • 12.3. XXXXXXXXXXX
  • 12.4. XXXXXXXXXXX
  • 13. Company Profiles
  • 13.1. Apollo Tires
  • 13.2. Bridgestone
  • 13.3. CEAT Tires
  • 13.4. Continental
  • 13.5. Cooper Tires
  • 13.6. Giti
  • 13.7. Goodyear Tires
  • 13.8. Hankook
  • 13.9. JK Tires
  • 13.10. Kenda
  • 13.11. Kumho
  • 13.12. Maxxis International
  • 13.13. Michelin
  • 13.14. MRF
  • 13.15. Nexen Tire Corp
  • 13.16. Nokian Tires
  • 13.17. Pirelli
  • 13.18. Sailun Group Co., Ltd
  • 13.19. Sumitomo Rubber Industries
  • 13.20. Titan International
  • 13.21. Toyo Tire Corporation
  • 13.22. Triangle Tire Co
  • 13.23. Zhongce Rubber Group Co
  • 13.24. Yokohama Co.
  • 14. Company Overview
  • 14.1. Doublestar Tire
  • 14.2. Linglong
  • 14.3. Nankang
  • 15. Strategic Recommendations
  • 16. Disclaimer

List of Tables
Table 1: Top 10 Counties Economic Snapshot 2021
Table 2: Economic Snapshot of Other Prominent Countries 2021
Table 3: Average Exchange Rates for Converting Foreign Currencies into U.S. Dollars
Table 4: Global Tire Market Share By Vehicle Type (Volume) (2016, 2021 & 2027F)
Table 5: Global Tire Market Share By End Use (2016, 2021 & 2027F)
Table 6: Global Tire Market Share By Design (2016, 2021 & 2027F)
Table 7: Global Tire Market Share By Sales Channel (2016, 2021 & 2027F)
Table 8: Global Tire Market Share by Region (2016, 2021 & 2027F)
Table 9: Global Tire Market Share by Country (2016, 2021 & 2027F)
Table 10: Global Tire Market Share by Company (2021)
Table 11: North America Tire Market Share By Vehicle Type (Volume) (2016, 2021 & 2027F)
Table 12: North America Tire Market Share By End Use (2016, 2021 & 2027F)
Table 13: North America Tire Market Share By Design (2016, 2021 & 2027F)
Table 14: North America Tire Market Share By Sales Channel (2016, 2021 & 2027F)
Table 15: North America Tire MarketShare by Country (2016, 2021 & 2027F)
Table 16: US Tire Market Share By Vehicle Type (2016, 2021 & 2027F)
Table 17: US Tire Market Value By Vehicle Type (USD Billion) (2016, 2021 & 2027F)
Table 18: US Tire Market Growth By Vehicle Type (USD Billion) (2016, 2021 & 2027F)
Table 19: US Tire Market Share By End Use (2016, 2021 & 2027F)
Table 20: US Tire Market Share By End Use (USD Billion) (2016, 2021 & 2027F)
Table 21: US Tire Market Growth By End Use (USD Billion) (2016, 2021 & 2027F)
Table 22: US Tire Market Share By Design (2016, 2021 & 2027F)
Table 23: US Tire Market Value By Design (USD Billion) (2016, 2021 & 2027F)
Table 24: US Tire Market Growth By Design (USD Billion) (2016, 2021 & 2027F)
Table 25: Canada Tire Market Share By Vehicle Type (2016, 2021 & 2027F)
Table 26: Canada Tire Market Value By Vehicle Type (USD Billion) (2016, 2021 & 2027F)
Table 27: Canada Tire Market Growth By Vehicle Type (USD Billion) (2016, 2021 & 2027F)
Table 28: Canada Tire Market Share By End Use (2016, 2021 & 2027F)
Table 29: Canada Tire Market Share By End Use (USD Billion) (2016, 2021 & 2027F)
Table 30: Canada Tire Market Growth By End Use (USD Billion) (2016, 2021 & 2027F)
Table 31: Canada Tire Market Share By Design (2016, 2021 & 2027F)
Table 32: Canada Tire Market Value By Design (USD Billion) (2016, 2021 & 2027F)
Table 33: Canada Tire Market Growth By Design (USD Billion) (2016, 2021 & 2027F)
Table 34: Mexico Tire Market Share By Vehicle Type (2016, 2021 & 2027F)
Table 35: Mexico Tire Market Value By Vehicle Type (USD Billion) (2016, 2021 & 2027F)
Table 36: Mexico Tire Market Growth By Vehicle Type (USD Billion) (2016, 2021 & 2027F)
Table 37: Mexico Tire Market Share By End Use (2016, 2021 & 2027F)
Table 38: Mexico Tire Market Share By End Use (USD Billion) (2016, 2021 & 2027F)
Table 39: Mexico Tire Market Growth By End Use (USD Billion) (2016, 2021 & 2027F)
Table 40: Mexico Tire Market Share By Design (2016, 2021 & 2027F)
Table 41: Mexico Tire Market Value By Design (USD Billion) (2016, 2021 & 2027F)
Table 42: Mexico Tire Market Growth By Design (USD Billion) (2016, 2021 & 2027F)
Table 43: Europe Tire Market Share By Vehicle Type (Volume) (2016, 2021 & 2027F)
Table 44: Europe Tire Market Share By End Use (2016, 2021 & 2027F)
Table 45: Europe Tire Market Share By Design (2016, 2021 & 2027F)
Table 46: Europe Tire Market Share By Sales Channel (2016, 2021 & 2027F)
Table 47: Europe Tire Market Share by Country (2016, 2021 & 2027F)
Table 48: Germany Tire Market Share By Vehicle Type (2016, 2021 & 2027F)
Table 49: Germany Tire Market Value By Vehicle Type (USD Billion) (2016, 2021 & 2027F)
Table 50: Germany Tire Market Growth By Vehicle Type (USD Billion) (2016, 2021 & 2027F)
Table 51: Germany Tire Market Share By End Use (2016, 2021 & 2027F)
Table 52: Germany Tire Market Share By End Use (USD Billion) (2016, 2021 & 2027F)
Table 53: Germany Tire Market Growth By End Use (USD Billion) (2016, 2021 & 2027F)
Table 54: Germany Tire Market Share By Design (2016, 2021 & 2027F)
Table 55: Germany Tire Market Value By Design (USD Billion) (2016, 2021 & 2027F)
Table 56: Germany Tire Market Growth By Design (USD Billion) (2016, 2021 & 2027F)
Table 57: UK Tire Market Share By Vehicle Type (2016, 2021 & 2027F)
Table 58: UK Tire Market Value By Vehicle Type (USD Billion) (2016, 2021 & 2027F)
Table 59: UK Tire Market Growth By Vehicle Type (USD Billion) (2016, 2021 & 2027F)
Table 60: UK Tire Market Share By End Use (2016, 2021 & 2027F)
Table 61: UK Tire Market Share By End Use (USD Billion) (2016, 2021 & 2027F)
Table 62: UK Tire Market Growth By End Use (USD Billion) (2016, 2021 & 2027F)
Table 63: UK Tire Market Share By Design (2016, 2021 & 2027F)
Table 64: UK Tire Market Value By Design (USD Billion) (2016, 2021 & 2027F)
Table 65: UK Tire Market Growth By Design (USD Billion) (2016, 2021 & 2027F)
Table 66: France Tire Market Share By Vehicle Type (2016, 2021 & 2027F)
Table 67: France Tire Market Value By Vehicle Type (USD Billion) (2016, 2021 & 2027F)
Table 68: France Tire Market Growth By Vehicle Type (USD Billion) (2016, 2021 & 2027F)
Table 69: France Tire Market Share By End Use (2016, 2021 & 2027F)
Table 70: France Tire Market Share By End Use (USD Billion) (2016, 2021 & 2027F)
Table 71: France Tire Market Growth By End Use (USD Billion) (2016, 2021 & 2027F)
Table 72: France Tire Market Share By Design (2016, 2021 & 2027F)
Table 73: France Tire Market Value By Design (USD Billion) (2016, 2021 & 2027F)
Table 74: France Tire Market Growth By Design (USD Billion) (2016, 2021 & 2027F)
Table 75: Spain Tire Market Share By Vehicle Type (2016, 2021 & 2027F)
Table 76: Spain Tire Market Value By Vehicle Type (USD Billion) (2016, 2021 & 2027F)
Table 77: Spain Tire Market Growth By Vehicle Type (USD Billion) (2016, 2021 & 2027F)
Table 78: Spain Tire Market Share By End Use (2016, 2021 & 2027F)
Table 79: Spain Tire Market Share By End Use (USD Billion) (2016, 2021 & 2027F)
Table 80: Spain Tire Market Growth By End Use (USD Billion) (2016, 2021 & 2027F)
Table 81: Spain Tire Market Share By Design (2016, 2021 & 2027F)
Table 82: Spain Tire Market Value By Design (USD Billion) (2016, 2021 & 2027F)
Table 83: Spain Tire Market Growth By Design (USD Billion) (2016, 2021 & 2027F)
Table 84: Italy Tire Market Share By Vehicle Type (2016, 2021 & 2027F)
Table 85: Italy Tire Market Value By Vehicle Type (USD Billion) (2016, 2021 & 2027F)
Table 86: Italy Tire Market Growth By Vehicle Type (USD Billion) (2016, 2021 & 2027F)
Table 87: Italy Tire Market Share By End Use (2016, 2021 & 2027F)
Table 88: Italy Tire Market Share By End Use (USD Billion) (2016, 2021 & 2027F)
Table 89: Italy Tire Market Growth By End Use (USD Billion) (2016, 2021 & 2027F)
Table 90: Italy Tire Market Share By Design (2016, 2021 & 2027F)
Table 91: Italy Tire Market Value By Design (USD Billion) (2016, 2021 & 2027F)
Table 92: Italy Tire Market Growth By Design (USD Billion) (2016, 2021 & 2027F)
Table 93: Russia Tire Market Share By Vehicle Type (2016, 2021 & 2027F)
Table 94: Russia Tire Market Value By Vehicle Type (USD Billion) (2016, 2021 & 2027F)
Table 95: Russia Tire Market Growth By Vehicle Type (USD Billion) (2016, 2021 & 2027F)
Table 96: Russia Tire Market Share By End Use (2016, 2021 & 2027F)
Table 97: Russia Tire Market Share By End Use (USD Billion) (2016, 2021 & 2027F)
Table 98: Russia Tire Market Growth By End Use (USD Billion) (2016, 2021 & 2027F)
Table 99: Russia Tire Market Share By Design (2016, 2021 & 2027F)
Table 100: Russia Tire Market Value By Design (USD Billion) (2016, 2021 & 2027F)
Table 101: Russia Tire Market Growth By Design (USD Billion) (2016, 2021 & 2027F)
Table 102: Asia-Pacific Tire Market Share By Vehicle Type (Volume) (2016, 2021 & 2027F)
Table 103: Asia-Pacific Tire Market Share By End Use (2016, 2021 & 2027F)
Table 104: Asia-Pacific Tire Market Share By Design (2016, 2021 & 2027F)
Table 105: Asia-Pacific Tire Market Share By Sales Channel (2016, 2021 & 2027F)
Table 106: Asia-Pacific Tire Market Share by Country (2016, 2021 & 2027F)
Table 107: China Tire Market Share By Vehicle Type (2016, 2021 & 2027F)
Table 108: China Tire Market Value By Vehicle Type (USD Billion) (2016, 2021 & 2027F)
Table 109: China Tire Market Growth By Vehicle Type (USD Billion) (2016, 2021 & 2027F)
Table 110: China Tire Market Share By End Use (2016, 2021 & 2027F)
Table 111: China Tire Market Share By End Use (USD Billion) (2016, 2021 & 2027F)
Table 112: China Tire Market Growth By End Use (USD Billion) (2016, 2021 & 2027F)
Table 113: China Tire Market Share By Design (2016, 2021 & 2027F)
Table 114: China Tire Market Value By Design (USD Billion) (2016, 2021 & 2027F)
Table 115: China Tire Market Growth By Design (USD Billion) (2016, 2021 & 2027F)
Table 116: Japan Tire Market Share By Vehicle Type (2016, 2021 & 2027F)
Table 117: Japan Tire Market Value By Vehicle Type (USD Billion) (2016, 2021 & 2027F)
Table 118: Japan Tire Market Growth By Vehicle Type (USD Billion) (2016, 2021 & 2027F)
Table 119: Japan Tire Market Share By End Use (2016, 2021 & 2027F)
Table 120: Japan Tire Market Share By End Use (USD Billion) (2016, 2021 & 2027F)
Table 121: Japan Tire Market Growth By End Use (USD Billion) (2016, 2021 & 2027F)
Table 122: Japan Tire Market Share By Design (2016, 2021 & 2027F)
Table 123: Japan Tire Market Value By Design (USD Billion) (2016, 2021 & 2027F)
Table 124: Japan Tire Market Growth By Design (USD Billion) (2016, 2021 & 2027F)
Table 125: India Tire Market Share By Vehicle Type (2016, 2021 & 2027F)
Table 126: India Tire Market Value By Vehicle Type (USD Billion) (2016, 2021 & 2027F)
Table 127: India Tire Market Growth By Vehicle Type (USD Billion) (2016, 2021 & 2027F)
Table 128: India Tire Market Share By End Use (2016, 2021 & 2027F)
Table 129: India Tire Market Share By End Use (USD Billion) (2016, 2021 & 2027F)
Table 130: India Tire Market Growth By End Use (USD Billion) (2016, 2021 & 2027F)
Table 131: India Tire Market Share By Design (2016, 2021 & 2027F)
Table 132: India Tire Market Value By Design (USD Billion) (2016, 2021 & 2027F)
Table 133: India Tire Market Growth By Design (USD Billion) (2016, 2021 & 2027F)
Table 134: Australia Tire Market Share By Vehicle Type (2016, 2021 & 2027F)
Table 135: Australia Tire Market Value By Vehicle Type (USD Billion) (2016, 2021 & 2027F)
Table 136: Australia Tire Market Growth By Vehicle Type (USD Billion) (2016, 2021 & 2027F)
Table 137: Australia Tire Market Share By End Use (2016, 2021 & 2027F)
Table 138: Australia Tire Market Share By End Use (USD Billion) (2016, 2021 & 2027F)
Table 139: Australia Tire Market Growth By End Use (USD Billion) (2016, 2021 & 2027F)
Table 140: Australia Tire Market Share By Design (2016, 2021 & 2027F)
Table 141: Australia Tire Market Value By Design (USD Billion) (2016, 2021 & 2027F)
Table 142: Australia Tire Market Growth By Design (USD Billion) (2016, 2021 & 2027F)
Table 143: South America Tire Market Share By Vehicle Type (Volume) (2016, 2021 & 2027F)
Table 144: South America Tire Market Share By End Use (2016, 2021 & 2027F)
Table 145: South America Tire Market Share By Design (2016, 2021 & 2027F)
Table 146: South America Tire Market Share By Sales Channel (2016, 2021 & 2027F)
Table 147: South America Tire MarketShare by Country (2016, 2021 & 2027F)
Table 148: Brazil Tire Market Share By Vehicle Type (2016, 2021 & 2027F)
Table 149: Brazil Tire Market Value By Vehicle Type (USD Billion) (2016, 2021 & 2027F)
Table 150: Brazil Tire Market Growth By Vehicle Type (USD Billion) (2016, 2021 & 2027F)
Table 151: Brazil Tire Market Share By End Use (2016, 2021 & 2027F)
Table 152: Brazil Tire Market Share By End Use (USD Billion) (2016, 2021 & 2027F)
Table 153: Brazil Tire Market Growth By End Use (USD Billion) (2016, 2021 & 2027F)
Table 154: Brazil Tire Market Share By Design (2016, 2021 & 2027F)
Table 155: Brazil Tire Market Value By Design (USD Billion) (2016, 2021 & 2027F)
Table 156: Brazil Tire Market Growth By Design (USD Billion) (2016, 2021 & 2027F)
Table 157: Argentina Tire Market Share By Vehicle Type (2016, 2021 & 2027F)
Table 158: Argentina Tire Market Value By Vehicle Type (USD Billion) (2016, 2021 & 2027F)
Table 159: Argentina Tire Market Growth By Vehicle Type (USD Billion) (2016, 2021 & 2027F)
Table 160: Argentina Tire Market Share By End Use (2016, 2021 & 2027F)
Table 161: Argentina Tire Market Share By End Use (USD Billion) (2016, 2021 & 2027F)
Table 162: Argentina Tire Market Growth By End Use (USD Billion) (2016, 2021 & 2027F)
Table 163: Argentina Tire Market Share By Design (2016, 2021 & 2027F)
Table 164: Argentina Tire Market Value By Design (USD Billion) (2016, 2021 & 2027F)
Table 165: Argentina Tire Market Growth By Design (USD Billion) (2016, 2021 & 2027F)
Table 166: Columbia Tire Market Share By Vehicle Type (2016, 2021 & 2027F)
Table 167: Columbia Tire Market Value By Vehicle Type (USD Billion) (2016, 2021 & 2027F)
Table 168: Columbia Tire Market Growth By Vehicle Type (USD Billion) (2016, 2021 & 2027F)
Table 169: Columbia Tire Market Share By End Use (2016, 2021 & 2027F)
Table 170: Columbia Tire Market Share By End Use (USD Billion) (2016, 2021 & 2027F)
Table 171: Columbia Tire Market Growth By End Use (USD Billion) (2016, 2021 & 2027F)
Table 172: Columbia Tire Market Share By Design (2016, 2021 & 2027F)
Table 173: Columbia Tire Market Value By Design (USD Billion) (2016, 2021 & 2027F)
Table 174: Columbia Tire Market Growth By Design (USD Billion) (2016, 2021 & 2027F)
Table 175: Middle East & Africa Tire Market Share By Vehicle Type (Volume) (2016, 2021 & 2027F)
Table 176: Middle East & Africa Tire Market Share By End Use (2016, 2021 & 2027F)
Table 177: Middle East & Africa Tire Market Share By Design (2016, 2021 & 2027F)
Table 178: Middle East & Africa Tire Market Share By Sales Channel (2016, 2021 & 2027F)
Table 179: Middle East & Africa Tire Market Share by Country (2016, 2021 & 2027F)
Table 180: UAE Tire Market Share By Vehicle Type (2016, 2021 & 2027F)
Table 181: UAE Tire Market Value By Vehicle Type (USD Billion) (2016, 2021 & 2027F)
Table 182: UAE Tire Market Growth By Vehicle Type (USD Billion) (2016, 2021 & 2027F)
Table 183: UAE Tire Market Share By End Use (2016, 2021 & 2027F)
Table 184: UAE Tire Market Share By End Use (USD Billion) (2016, 2021 & 2027F)
Table 185: UAE Tire Market Growth By End Use (USD Billion) (2016, 2021 & 2027F)
Table 186: UAE Tire Market Share By Design (2016, 2021 & 2027F)
Table 187: UAE Tire Market Value By Design (USD Billion) (2016, 2021 & 2027F)
Table 188: UAE Tire Market Growth By Design (USD Billion) (2016, 2021 & 2027F)
Table 189: Saudi Arabia Tire Market Share By Vehicle Type (2016, 2021 & 2027F)
Table 190: Saudi Arabia Tire Market Value By Vehicle Type (USD Billion) (2016, 2021 & 2027F)
Table 191: Saudi Arabia Tire Market Growth By Vehicle Type (USD Billion) (2016, 2021 & 2027F)
Table 192: Saudi Arabia Tire Market Share By End Use (2016, 2021 & 2027F)
Table 193: Saudi Arabia Tire Market Share By End Use (USD Billion) (2016, 2021 & 2027F)
Table 194: Saudi Arabia Tire Market Growth By End Use (USD Billion) (2016, 2021 & 2027F)
Table 195: Saudi Arabia Tire Market Share By Design (2016, 2021 & 2027F)
Table 196: Saudi Arabia Tire Market Value By Design (USD Billion) (2016, 2021 & 2027F)
Table 197: Saudi Arabia Tire Market Growth By Design (USD Billion) (2016, 2021 & 2027F)
Table 198: Qatar Tire Market Share By Vehicle Type (2016, 2021 & 2027F)
Table 199: Qatar Tire Market Value By Vehicle Type (USD Billion) (2016, 2021 & 2027F)
Table 200: Qatar Tire Market Growth By Vehicle Type (USD Billion) (2016, 2021 & 2027F)
Table 201: Qatar Tire Market Share By End Use (2016, 2021 & 2027F)
Table 202: Qatar Tire Market Share By End Use (USD Billion) (2016, 2021 & 2027F)
Table 203: Qatar Tire Market Growth By End Use (USD Billion) (2016, 2021 & 2027F)
Table 204: Qatar Tire Market Share By Design (2016, 2021 & 2027F)
Table 205: Qatar Tire Market Value By Design (USD Billion) (2016, 2021 & 2027F)
Table 206: Qatar Tire Market Growth By Design (USD Billion) (2016, 2021 & 2027F)
Table 207: South Africa Tire Market Share By Vehicle Type (2016, 2021 & 2027F)
Table 208: South Africa Tire Market Value By Vehicle Type (USD Billion) (2016, 2021 & 2027F)
Table 209: South Africa Tire Market Growth By Vehicle Type (USD Billion) (2016, 2021 & 2027F)
Table 210: South Africa Tire Market Share By End Use (2016, 2021 & 2027F)
Table 211: South Africa Tire Market Share By End Use (USD Billion) (2016, 2021 & 2027F)
Table 212: South Africa Tire Market Growth By End Use (USD Billion) (2016, 2021 & 2027F)
Table 213: South Africa Tire Market Share By Design (2016, 2021 & 2027F)
Table 214: South Africa Tire Market Value By Design (USD Billion) (2016, 2021 & 2027F)
Table 215: South Africa Tire Market Growth By Design (USD Billion) (2016, 2021 & 2027F)
Table 216: Key Facts of Apollo Tires
Table 217: Key Facts of Bridgestone
Table 218: Key Facts of Ceat Tires
Table 219: Key Facts of Continental
Table 220: Key Facts of Cooper Tires
Table 221: Key Facts of Giti Tire
Table 222: Key Facts of Goodyear Tires
Table 223: Key Facts of Hankook Tire
Table 224: Key Facts of JK Tire
Table 225: Key Facts of Kenda Rubber
Table 226: Key Facts of Kumho Tires
Table 227: Key Facts of Maxxis International
Table 228: Key Facts of Michelin
Table 229: Key Facts of MRF
Table 230: Key Facts of Nexen Tire Corp
Table 231: Key Facts of Nokian Tires
Table 232: Key Facts of Pirelli
Table 233: Key Facts of Sailun Group Co., Ltd
Table 234: Key Facts of Sumitomo Rubber Industries
Table 235: Key Facts of Titan International
Table 236: Key Facts of Toyo Tire Corporation
Table 237: Key Facts of Triangle Tire Co
Table 238: Key Facts of Zhongce Rubber Group Co
Table 239: Key Facts of Yokohama Co

List of Figures
Figure 1: Global Tire Market Size – By Value 2016 to 2027F (In USD Billion)
Figure 2: Global Tire Market Size – By Volume 2016 to 2027F (In Million Units)
Figure 3: North America Tire Market Size – By Value 2016 to 2027F (In USD Billion)
Figure 4: North America Tire Market Size – By Volume 2016 to 2027F (In Million Units)
Figure 5: US Tire Market Size – By Value 2016 to 2027F (In USD Billion)
Figure 6: Canada Tire Market Size – By Value 2016 to 2027F (In USD Billion)
Figure 7: Mexico Tire Market Size – By Value 2016 to 2027F (In USD Billion)
Figure 8: Europe Tire Market Size – By Value 2016 to 2027F (In USD Billion)
Figure 9: Europe Tire Market Size – By Volume 2016 to 2027F (In Million Units)
Figure 10: Germany Tire Market Size – By Value 2016 to 2027F (In USD Billion)
Figure 11: UK Tire Market Size – By Value 2016 to 2027F (In USD Billion)
Figure 12: France Tire Market Size – By Value 2016 to 2027F (In USD Billion)
Figure 13: Spain Tire Market Size – By Value 2016 to 2027F (In USD Billion)
Figure 14: Italy Tire Market Size – By Value 2016 to 2027F (In USD Billion)
Figure 15: Russia Tire Market Size – By Value 2016 to 2027F (In USD Billion)
Figure 16: Asia-Pacific Tire Market Size – By Value 2016 to 2027F (In USD Billion)
Figure 17: Asia-Pacific Tire Market Size – By Volume 2016 to 2027F (Million Units)
Figure 18: China Tire Market Size – By Value 2016 to 2027F (In USD Billion)
Figure 19: Japan Tire Market Size – By Value 2016 to 2027F (In USD Billion)
Figure 20: India Tire Market Size – By Value 2016 to 2027F (In USD Billion)
Figure 21: Australia Tire Market Size – By Value 2016 to 2027F (In USD Billion)
Figure 22: South America Tire Market Size – By Value 2016 to 2027F (In USD Billion)
Figure 23: South America Tire Market Size – By Volume 2016 to 2027F (Million Units)
Figure 24: Brazil Tire Market Size – By Value 2016 to 2027F (In USD Billion)
Figure 25: Argentina Tire Market Size – By Value 2016 to 2027F (In USD Billion)
Figure 26: Columbia Tire Market Size – By Value 2016 to 2027F (In USD Billion)
Figure 27: Middle East & Africa Tire Market Size – By Value 2016 to 2027F (In USD Billion)
Figure 28: Middle East & Africa Tire Market Size – By Volume 2016 to 2027F (Million Units)
Figure 29: UAE Tire Market Size – By Value 2016 to 2027F (In USD Billion)
Figure 30: Saudi Arabia Tire Market Size – By Value 2016 to 2027F (In USD Billion)
Figure 31: Qatar Tire Market Size – By Value 2016 to 2027F (In USD Billion)
Figure 32: South Africa Tire Market Size – By Value 2016 to 2027F (In USD Billion)

Market Research FAQs

The global Tire market is evaluated to be selling more than 2000 Million tires annually as of 2020

The Tire market globally is expected to grow to more than 2700 Million Tires by the year 2026.

The passenger cars are the biggest driver for the global Tire market contributing to roughly 60% of the market size in value terms.

The 3 wheelers and other vehicle Tires were the fastest growing Tire segment and are expected to continue a strong growth momentum by growing at a CAGR of more than 9%

Apollo Tires, Bridgestone,Ceat Tires,Continental,Cooper Tires,Giti Tire, Goodyear Tires,Hankook Tire, JK Tire,Kenda Rubber,Kumho Tires,Maxxis International,Michelin,MRF,Nexen Tire Corp,Nokian Tires,Pirelli,Sailun Group Co., Ltd., Sumitomo Rubber Industries,Titan International,Toyo Tire Corporation,Triangle Tire Co, Zhongce Rubber Group Co
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Global Tire (Tyre) Market Research Report, 2027

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