Automotive Tires Market Trends 2021 | Segmentation, Outlook, Industry Report to 2027

The Automotive Tires Market size is expected to grow at an annual average of 1% during 2021-2027. A car tire is a round vehicle part made of rubber that is used to cover the rims of a wheel. The main function of tires is to protect the wheel rims and provide traction between the road surface and the vehicle. Made of rubber, it provides a flexible cushion to reduce the impact of vibration and absorb the shock of the vehicle. Rubber tires are made up of treads, jointless cap piles, beads and other materials, including synthetic rubber, carbon black and fabric.

The following segmentation are covered in this report:

By Rim Size

• Less than 15
• 15 to 20
• More than 20

By Season Tire Type

• Summer
• Winter
• All Season

By Vehicle Type 

• Passenger Car
• Commercial Vehicle
• Light commercial
• Heavy commercial
• Electric Vehicle

Company Profile

• Bridgestone Corp.
• Continental Automotive AG
• Cooper Tire & Rubber Company
• Goodyear Tire & Rubber Company
• Hankook Tires Group
• Michelin Tires
• MRF (Madras Rubber Factory Limited)
• Pirelli & C SpA
• Apollo Tires

The report covers the following objectives:

• Proliferation and maturation of trade in the global Automotive Tires Market
• The market share of the global Automotive Tires Market supply and demand ratio, growth revenue, supply chain analysis, and business overview.
• Current and future market trends that are influencing the growth opportunities and growth rate of the Automotive Tires Market
• Feasibility study, new market insights, company profiles, investment return, revenue (value), and consumption (volume) of the global Automotive Tires Market

Scope of the report

The research study analyses the Automotive Tires Market industry from 360-degree analysis of the market thoroughly delivering insights into the market for better business decisions, considering multiple aspects some of which are listed below as:

Recent developments

• Market overview and growth analysis
• Import and export overview
• Volume analysis
• Current market trends and future outlook
• Market opportunistic and attractive investment segment

Geographic coverage

• North america market size and/or volume
• Latin america market size and/or volume
• Europe market size and/or volume
• Asia-pacific market size and/or volume
• Rest of the world market size and/or volume

Key Questions Answered by Automotive Tires Market Report

• What was the Automotive Tires Market size in 2019 and 2020; what are the estimated growth trends and market forecast (2021-2027)
• What will be the CAGR of Market during the forecast period (2021-2027)?
• Which segments (product type/applications/end-user) were most attractive for investments in 2021? How these segments are expected to grow during the forecast period (2021-2027).
• Which manufacturer/vendor/players in the Automotive Tires Market was the market leader in 2020?
• Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.