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Global Automotive Tires Market valued approximately USD 372.5 billion in 2018 is anticipated to grow with a healthy growth rate of more than 6.40% over the forecast period 2019-2026. The Global automotive tires market is influenced by several factors which impact the growth of the market. High demand for replacement tires, increasing demand for two wheelers and commercial vehicles, higher demand for low rolling resistance tires, higher demand for SUVs, rising production of tires due to rising automotive industry, growth in the number of automobiles per capita ownership especially among middle class consumers, increasing research and technological developments to make tires more efficient in order to satisfy the rising demand for energy efficient and high quality tires, reduction in rubber prices and growing demand for passenger vehicles are few of the many influencers contributing to the growth of the global automotive tire market. Also, there are few factors which pose challenges to the growth of the global automotive tire market, such as, decline in export, incorrect government administration and strict regulations and fluctuations in the availability of raw material and their prices.
Emerging trends in the market such as the increased use of bio-oils in the manufacturing process of tires would help to boost the growth in the light of demand for ecological tire manufacturing process. Orange oils, extracted from orange peels, are used in the process to help reduce the amount of petroleum used in tires. In addition, the tire market has also witnessed an increase in R&D investments.
Major market player included in this report are:
Bridgestone Corporation
Continental AG
Pirelli & C.S.p.a.
Michelin
The Goodyear Tyre & Rubber Co.
Sumitomo Rubber Industries Ltd.
Madras Rubber Factory Limited
The Yokohama Rubber Co.Ltd
JK Tyre & Industries Ltd
CEAT Ltd
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Application:
Truck/Bus
Passenger Car Radial
2/3-Wheeler
Agriculture
Off the Road
Others
By Regions:
North America
U.S.
Canada
Europe
UK
Germany
Asia Pacific
China
India
Japan
Latin America
Brazil
Mexico
Rest of the World
Furthermore, years considered for the study are as follows:
Historical year – 2016, 2017
Base year – 2018
Forecast period – 2019 to 2026
Target Audience of the Global Automotive Tires Market in Market Study:
Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers
Investors
Chapter 1.Global Automotive Tires Market Definition and Scope
1.1.Research Objective
1.2.Market Definition
1.3.Scope of The Study
1.4.Years Considered for The Study
1.5.Currency Conversion Rates
1.6.Report Limitation
Chapter 2.Research Methodology
2.1.Research Process
2.1.1.Data Mining
2.1.2.Analysis
2.1.3.Market Estimation
2.1.4.Validation
2.1.5.Publishing
2.2.Research Assumption
Chapter 3.Executive Summary
3.1.Global & Segmental Market Estimates & Forecasts, 2016-2026 (USD Billion)
3.2.Key Trends
Chapter 4.Global Automotive Tires Market Dynamics
4.1.Growth Prospects
4.1.1.Drivers
4.1.2.Restraints
4.1.3.Opportunities
4.2.Industry Analysis
4.2.1.Porter’s 5 Force Model
4.2.2.PEST Analysis
4.2.3.Value Chain Analysis
4.3.Analyst Recommendation & Conclusion
Chapter 5.Global Automotive Tires Market, By Application
5.1.Market Snapshot
5.2.Market Performance – Potential Model
5.3.Global Automotive Tires Market, Sub Segment Analysis
5.3.1.Truck/Bus
5.3.1.1.Market estimates & forecasts, 2016-2026 (USD Billion)
5.3.1.2.Regional breakdown estimates & forecasts, 2016-2026 (USD Billion)
5.3.2.Passenger Car Radial
5.3.2.1.Market estimates & forecasts, 2016-2026 (USD Billion)
5.3.2.2.Regional breakdown estimates & forecasts, 2016-2026 (USD Billion)
5.3.3. 2/3 Wheelers
5.3.3.1.Market estimates & forecasts, 2016-2026 (USD Billion)
Regional breakdown estimates & forecasts, 2016-2026 (USD Billion)
5.3.4.Agriculture
5.3.4.1.Market estimates & forecasts, 2016-2026 (USD Billion)
Regional breakdown estimates & forecasts, 2016-2026 (USD Billion)
5.3.5.Off the Road
5.3.5.1.Market estimates & forecasts, 2016-2026 (USD Billion)
Regional breakdown estimates & forecasts, 2016-2026 (USD Billion)
5.3.6.Others
5.3.6.1.Market estimates & forecasts, 2016-2026 (USD Billion)
Regional breakdown estimates & forecasts, 2016-2026 (USD Billion)
Chapter 6.Global Automotive Tires Market, by Regional Analysis
6.1.Third Party Logistics (3PL) Market, Regional Market Snapshot (2016-2026)
6.2.North America Third Party Logistics (3PL) Market Snapshot
6.2.1.U.S.
6.2.1.1.Market estimates & forecasts, 2016-2026 (USD Billion)
6.2.1.2.Application breakdown estimates & forecasts, 2016-2026 (USD Billion)
6.2.2.Canada
6.2.2.1.Market estimates & forecasts, 2016-2026 (USD Billion)
6.2.2.2.Application breakdown estimates & forecasts, 2016-2026 (USD Billion)
6.3.Europe Third Party Logistics (3PL) Market Snapshot
6.3.1.U.K.
6.3.1.1.Market estimates & forecasts, 2016-2026 (USD Billion)
6.3.1.2.Application breakdown estimates & forecasts, 2016-2026 (USD Billion)
6.3.2.Germany
6.3.2.1.Market estimates & forecasts, 2016-2026 (USD Billion)
6.3.2.2.Application breakdown estimates & forecasts, 2016-2026 (USD Billion)
6.3.3.France
6.3.3.1.Market estimates & forecasts, 2016-2026 (USD Billion)
6.3.3.2.Application breakdown estimates & forecasts, 2016-2026 (USD Billion)
6.3.4.Rest of Europe
6.3.4.1.Market estimates & forecasts, 2016-2026 (USD Billion)
6.3.4.2.Application breakdown estimates & forecasts, 2016-2026 (USD Billion)
6.4.Asia Third Party Logistics (3PL) Market Snapshot
6.4.1.China
6.4.1.1.Market estimates & forecasts, 2016-2026 (USD Billion)
6.4.1.2.Application breakdown estimates & forecasts, 2016-2026 (USD Billion)
6.4.2.India
6.4.2.1.Market estimates & forecasts, 2016-2026 (USD Billion)
6.4.2.2.Application breakdown estimates & forecasts, 2016-2026 (USD Billion)
6.4.3.Japan
6.4.3.1.Market estimates & forecasts, 2016-2026 (USD Billion)
6.4.3.2.Application breakdown estimates & forecasts, 2016-2026 (USD Billion)
6.4.4.Rest of Asia Pacific
6.4.4.1.Market estimates & forecasts, 2016-2026 (USD Billion)
6.4.4.2.Application breakdown estimates & forecasts, 2016-2026 (USD Billion)
6.5.Latin America Third Party Logistics (3PL) Market Snapshot
6.5.1.Brazil
6.5.1.1.Market estimates & forecasts, 2016-2026 (USD Billion)
6.5.1.2.Application breakdown estimates & forecasts, 2016-2026 (USD Billion)
6.5.2.Mexico
6.5.2.1.Market estimates & forecasts, 2016-2026 (USD Billion)
6.5.2.2.Application breakdown estimates & forecasts, 2016-2026 (USD Billion)
6.6.Rest of The World
6.6.1.South America
6.6.1.1.Market estimates & forecasts, 2016-2026 (USD Billion)
6.6.1.2.Application breakdown estimates & forecasts, 2016-2026 (USD Billion)
6.6.2.Middle East and Africa
6.6.2.1.Market estimates & forecasts, 2016-2026 (USD Billion)
6.6.2.2.Application breakdown estimates & forecasts, 2016-2026 (USD Billion)
Chapter 7.Competitive Intelligence
7.1.Company Market Share (Subject to Data Availability)
7.2.Top Market Strategies
7.3.Company Profiles
7.3.1.Bridgestone Corporation
7.3.1.1.Overview
7.3.1.2.Financial (Subject to Data Availability)
7.3.1.3.Product Summary
7.3.1.4.Recent Developments
7.3.2. Continental AG
7.3.3.Pirelli & C.S.p.a.
7.3.4.Michelin
7.3.5.The Goodyear Tyre & Rubber Co.
7.3.6.Sumitomo Rubber Industries Ltd.
7.3.7.Madras Rubber Factory Limited
7.3.8.The Yokohama Rubber Co.Ltd
7.3.9.JK Tyre & Industries Ltd
7.3.10.CEAT Ltd
Chapter 8.Research Process
8.1.Research Process
8.1.1.Data Mining
8.1.2.Analysis
8.1.3.Market Estimation
8.1.4.Validation
8.1.5.Publishing
8.1.6.Research Assumption
The study of the market is incorporated by extensive primary and secondary research conducted by the research team at OMR. Secondary research has been conducted to refine the available data to breakdown the market in various segments, derive total market size, market forecast, and growth rate. Different approaches have been worked on to derive the market value and market growth rate. Our team collects facts and data related to the market from different geographies to provide a better regional outlook. In the report, country-level analysis is provided by analyzing various regional players, regional tax laws and policies, consumer behavior, and macro-economic factors. Numbers extracted from secondary research have been authenticated by conducting proper primary research. It includes tracking down key people from the industry and interviewing them to validate the data. Our analysts contact company executives, managers, key opinion leaders, and industry experts. This enables our analyst to derive the closest possible figures without any major deviations in the actual number.
Primary Research Sources:
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