Harrisburg, NC -- (SBWire) -- 03/05/2019 --Global Automotive Tire Market Insights, Forecast to 2025
The report provides a unique tool for evaluating the market, highlighting opportunities, and supporting strategic and tactical decision-making. This report recognizes that in this rapidly-evolving and competitive environment, up-to-date marketing information is essential to monitor performance and make critical decisions for growth and profitability. It provides information on trends and developments, and focuses on markets capacities and on the changing structure of the Automotive Tire.
Asia is the biggest supplier of automotive tire, the production market share of Asia was 59.23% in 2015. Europe is the second supplier, with the production market share of 16.9% in 2015.
Europe is the biggest consumer of automotive tire, the consumption of Europe was more than 479 million units in 2015 with the consumption market share of 26.12%. North America is the second consumer with the consumption market share of 23.25% in 2015.
Global Automotive Tire market size will reach 220500 million US$ by 2025, from 183400 million US$ in 2018, at a CAGR of 2.3% during the forecast period.
The report presents the market competitive landscape and a corresponding detailed analysis of the major vendor/key players in the market. Top Companies in the Global Automotive Tire Market: Bridgestone, Michelin, Goodyear, Continental, Pirelli, Hankook, Sumitomo, Yokohama, Maxxis, Zhongce, GITI Tire, Cooper Tire, Kumho Tire, Toyo Tire, Apollo Tyres, Triangle Group, Nexen Tire, Hengfeng Rubber, Nokian Tyres and others.
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Global Automotive Tire Market Split by Product Type and Applications:
This report segments the global Automotive Tire market on the basis of Types are:
Bias Tire
Radial Tire
On the basis of Application, the Global Automotive Tire market is segmented into:
Passenger Car
Commercial Car
Regional Analysis For Automotive Tire Market:
North America (United States, Canada and Mexico)
Europe (Germany, France, UK, Russia and Italy)
Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
South America (Brazil, Argentina, Colombia etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
Influence of the Automotive Tire Market Report:
-Comprehensive assessment of all opportunities and risk in the Automotive Tire market.
- Automotive Tire market recent innovations and major events.
-Detailed study of business strategies for growth of the Automotive Tire market-leading players.
-Conclusive study about the growth plot of Automotive Tire market for forthcoming years.
-In-depth understanding of Automotive Tire market-particular drivers, constraints and major micro markets.
-Favourable impression inside vital technological and market latest trends striking the Automotive Tire market.
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What are the market factors that are explained in the report?
-Key Strategic Developments: The study also includes the key strategic developments of the market, comprising R&D, new product launch, M&A, agreements, collaborations, partnerships, joint ventures, and regional growth of the leading competitors operating in the market on a global and regional scale.
-Key Market Features: The report evaluat ed key market features, including revenue, price, capacity, capacity utilization rate, gross, production, production rate, consumption, import/export, supply/demand, cost, market share, CAGR, and gross margin. In addition, the study offers a comprehensive study of the key market dynamics and their latest trends, along with pertinent market segments and sub-segments.
-Analytical Tools: The Global Automotive Tire Market report includes the accurately studied and assessed data of the key industry players and their scope in the market by means of a number of analytical tools. The analytical tools such as Porter's five forces analysis, SWOT analysis, feasibility study, and investment return analysis have been used to analyze the growth of the key players operating in the market.
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Automotive Tire Market 2019 Precise Outlook - Bridgestone, Michelin, Goodyear, Continental, Pirelli