QY Research has published the new industry research report focuses on Global major leading players with information such as company profiles, product picture, future road map, opportunities and investment.

Los Angeles, CA -- (SBWire) -- 05/17/2019 --Heavy-duty tire is tire sepcially used for heavy-duty vehicles.

The global heavy duty tires market is relatively concentrated as the manufacturing technology of heavy duty tires is relatively higher than some light tires. Some enterprises are well-known for the wonderful performance of their heavy duty tires and related services. The global leading players Michelin, Bridgestone and Goodyear are remarkable in the global heavy duty tires industry because of their market share and technology status of heavy duty tires.

The consumption volume of heavy duty tires is related to downstream industries and global economy. There are many manufactures in this field. The global consumption volume of heavy duty tires will increase from 175 million units in 2016 to 180 million units in 2022, with an annual growth rate of 0.49%

The largest Market of heavy duty tires is Asia-Pacific, with market share of about 51.05% in 2016, followed by Europe and North America, with market share of 17.90% and 15.36% .Recent years, the developing countries such as China, India and Brazil are playing more and more important roles in the market and investors should pay more attention to these regions

The Heavy-Duty Tires market is mainly divided into heavy-duty trucks, OTR tires and agricultural tires. The heavy duty tires are the largest market due to the large production of heavy-duty trucks. In 2016, the revenue market share of heavy-duty trucks, OTR tires and agricultural tires are 72.52%, 17.74% and 9.74%.

Despite the presence of competition and brand effect problems, due to the awareness of end-users and their demand for high end products, investors are still optimistic about this area. There will be more new investors entering into this industry in the future. The manufacturers who want to occupy the market must depend on market mechanism reform, core technology improvement, manufacturing equipment innovation, and brand establishment.

Get PDF template of this report: https://www.qyresearch.com/sample-form/form/1086495/global-heavy-duty-tires-market

The global Heavy-Duty Tires market was 36700 million US$ in 2018 and is expected to 29000 million US$ by the end of 2025, growing at a CAGR of -2.9% between 2019 and 2025.

This report studies the Heavy-Duty Tires market size (value and volume) by players, regions, product types and end industries, history data 2014-2018 and forecast data 2019-2025; This report also studies the global market competition landscape, market drivers and trends, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis.

Geographically, this report is segmented into several key regions, with sales, revenue, market share and growth Rate of Heavy-Duty Tires in these regions, from 2014 to 2025, covering

North America (United States, Canada and Mexico)

Europe (Germany, UK, France, Italy, Russia and Turkey etc.)

Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)

South America (Brazil etc.)

Middle East and Africa (Egypt and GCC Countries)

The various contributors involved in the value chain of the product include manufacturers, suppliers, distributors, intermediaries, and customers. The key manufacturers in this market include

Bridgestone

Michelin

Goodyear

Continental

Zhongce Rubber

Apollo

Chem China

Double Coin Holdings

Guizhou Tire

Titan

Prinx Chengshan

Trelleborg

Pirelli

Yokohama Tire

BKT

Linglong Tire

Xugong Tyres

Triangle

Hawk International Rubber

Nokian

Shandong Taishan Tyre

Carlisle

Shandong Yinbao

Sumitomo

Doublestar

Fujian Haian Rubber

JK Tyre

Specialty Tires

Techking Tires

By the product type, the market is primarily split into

Rim Diameter ?29 inch

29 inch?Rim Diameter?39 inch

39 inch?Rim Diameter?49 inch

Rim Diameter ?49 inch

By the end users/application, this report covers the following segments

Heavy Duty Truck Tires

OTR Tires

Agricultural Tires

Get Complete Report in your Inbox within 24 hours: https://www.qyresearch.com/settlement/pre/b9260d3a0fa22e4f70ee746ceca0397a,0,1,Global%20Heavy-Duty%20Tires%20Market%20Report,%20History%20and%20Forecast%202014-2025,%20Breakdown%20Data%20by%20Manufacturers,%20Key%20Regions,%20Types%20and%20Application

About QYResearch
QYResearch always pursuits high product quality with the belief that quality is the soul of business. Through years of effort and supports from huge number of customer supports, QYResearch consulting group has accumulated creative design methods on many high-quality markets investigation and research team with rich experience. Today, QYResearch has become the brand of quality assurance in consulting industry.