Automotive Tyre market size to record a 3.4% CAGR over 2019-2025

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As per the research findings, global Automotive Tyre market is predicted to expand with a CAGR of 3.4 % over the next five years. This industry vertical will reach a valuation of 152810 Million USD by 2025 from 133450 Million USD in 2019.

Automotive Tyre Market

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The latest Automotive Tyre market research report encompasses a detailed analysis of the factors will impel and impede the industry growth in the coming years. Moreover, the report lists out the opportunities across the various geographies and also weighs the associated risks for a stronger realization of the top revenue prospects over the forecast period.

Automotive Tyre Market Report Coverage
Report Covrage Details
Base Year: 2019
Market Size in 2019: 133450 Million (USD)
Forecast Year: 2025
Forecast Value: 152810 Million (USD)
CAGR: 3.4%
By Application: Commercial Vehicle, Passenger Vehicle, etc.
By Product: OE Tyres, Replacement Tyres, etc.
By Key Players: Bridgestone, Yokohama, Michelin, GoodYear, Pirelli, Continental, Toyo Tire Corporation, Hankook, Sumitomo, Zhongce Rubber, MRF, Nokian Tyres, Cooper Tire, Triangle Tire Group, Cheng Shin Rubber (Maxxis), Linglong Tire, Apollo Tyres, Hengfeng Tires, Sailun Group, KUMHO TIRES, Guizhou Tyre, JK TYRE, Xingyuan, Giti, Doublestar, AEOLUS TYRE, Nexen Tire, Double Coin, etc.

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The business intelligence report of Automotive Tyre market is a collection of important datapoints, including prevailing trends, growth drivers, opportunities, and restraints, shaping the industry dynamics in terms of regional landscape and competitive arena. In addition, it emphasizes on the sizes and shares of the market segments, such as the product type and application spectrum. The research document also includes the COVID-19 implications on this vertical and suggests strategies for effective risk management and assuring high profits in the ensuing years.

Key pointers from case studies of COVID-19:

  • COVID-19 impact on social and economic status at a global and regional level.
  • Variations in supply chain and fluctuations in demand share.
  • Pre- and post-pandemic business scenario.

Overview of the regional assessment:

  • Contribution of each region to the overall market growth is examined in the report.
  • Revenue, sales, and market share of each geography are cited as well.

Other vital inclusions in the Automotive Tyre market report:

  • The document segments the product terrain of the Automotive Tyre market into OE Tyres, Replacement Tyres, etc..
  • Industry share and revenue of each product type are covered in the document.
  • Important data on production market growth, patterns, and yearly growth rate of every product category over the assessment period are given.
  • The report fragments the application spectrum of the Automotive Tyre market into Commercial Vehicle, Passenger Vehicle, etc..
  • Approximations for the growth rate and market share of each application segment over the forecast timespan are included with statistically supporting data.
  • Major contenders profiled in Automotive Tyre market report are Bridgestone, Yokohama, Michelin, GoodYear, Pirelli, Continental, Toyo Tire Corporation, Hankook, Sumitomo, Zhongce Rubber, MRF, Nokian Tyres, Cooper Tire, Triangle Tire Group, Cheng Shin Rubber (Maxxis), Linglong Tire, Apollo Tyres, Hengfeng Tires, Sailun Group, KUMHO TIRES, Guizhou Tyre, JK TYRE, Xingyuan, Giti, Doublestar, AEOLUS TYRE, Nexen Tire, Double Coin, etc..
  • Key trends and their impact on organizations are evaluated to offer a clear understanding of the competitive dynamics of this vertical.
  • An in-depth assessment of the industry supply chain is performed by appraising the leading manufacturers, downstream clients & consumers, and raw material & equipment providers.
  • The report conducts Porter’s Five Force assessment and SWOT analysis to conclude the investment viability of a new project.

Frequently Asked Questions (FAQ) :

Expected CAGR that Automotive Tyre market is estimated to attain is 3.4 % over 2019-2025.
The overall Automotive Tyre industry is anticipated to acquire a revenue share of 152810 Million USD by the end of 2025.
Automotive Tyre market was Valued at 133450 Million USD in 2019.

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