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Automotive Tire Market size was valued at US$ 141.80 Billion in 2023 and the total Automotive Tire Market revenue is expected to grow at 6.32% through 2024 to 2030, reaching nearly US$ 217.77 Billion.
Automotive Tire Market Overview
Stellar Market Research, an Automotive Tire business research firm has published a report on the “Automotive Tire Market”. As per the “Automotive Tire report,” the total market for Automotive Tire Market was USD 141.80 Bn. in 2023 and is expected to reach USD 217.77 Bn. by 2030.
Automotive Tire Market Report Scope and Research Methodology
The report helps in understanding the Automotive Tire Market dynamics, and structure by analysing the market segments and projecting the Automotive TireMarket size. Factors driving market growth, challenges, and opportunities, such as cost reductions, government incentives, environmental concerns, and technological advancements, are analysed. Additionally, the report examines the competitive landscape, investment trends, and regulatory frameworks impacting the industry.
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This analysis takes into account factors such as regulatory frameworks, government initiatives, and market maturity in different geographical regions. It provides insights into regional variations and helps in identifying growth opportunities and potential challenges specific to each market.
Automotive Tire Market Regional Insights
The report includes a thorough analysis of all the factors, market size, growth rate, and import and export in regions. The Regional Analysis used in the report to understand the Automotive Tire market status in various countries. The Automotive Tire market is broadly segmented into North America, Europe, Asia Pacific, Latin America, the Middle East, and Africa.
Automotive Tire Market Segmentation
by Vehicle Type
Passenger Cars
LCV (Light Commercial Vehicles)
HCV (Heavy Commercial Vehicles)
by Tire type
Radial
Bias
by Material
13-15
16-18
19-21
>21 inches
by Sales Channel
• OEM
• Aftermarket
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Automotive Tire Market Key Players
The Goodyear Tire & Rubber Company (USA)
Pirelli & C.S.p.A. (Italy)
Apollo Tyres Ltd. (India)
CEAT Ltd. (Italy)
China National Tire & Rubber Co. Ltd. (China)
Cooper Tire & Rubber Co., Ltd. (UK)
Giti Tire (Singapore)
Bridgestone Corporation (Japan)
Continental AG (Germany)
Michelin (France)
Sumitomo Rubber Industries, Ltd. (Japan)
Toyo Tire & Rubber Co., Ltd. (Japan)
Yokohoma Tire Corporation (Japan)
Maxxis International (Taiwan)
Cheng Shin Rubber Industry Co. (China)
Hangzhou Zhongce Rubber Co., Ltd. (China)
Hankook Tire (South Korea)
JK Tyre & Industries Ltd. (India)
Kumho Tire Co., Inc. (South Korea)
Nexen Tire Corporation (South Korea)
Nokian Tyres plc (Finland)
Qingdao Fullrun Tyre Corp., Ltd. (China)
Key questions answered in the Automotive Tire Market are:
Please Contact Us On link : https://www.stellarmr.com/report/Automotive-Tire-Market/331
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About Stellar Market Research:
Stellar Market Research is a multifaceted market research and consulting company with professionals from several industries. Some of the industries we cover include medical devices, pharmaceutical manufacturers, science and engineering, electronic components, industrial equipment, technology and communication, cars and automobiles, chemical products and substances, general merchandise, beverages, personal care, and automated systems. To mention a few, we provide market-verified industry estimations, technical trend analysis, crucial market research, strategic advice, competition analysis, production and demand analysis, and client impact studies.
Contact Stellar Market Research:
S.no.8, h.no. 4-8 Pl.7/4, Kothrud,
Pinnac Memories Fl. No. 3, Kothrud, Pune,
Pune, Maharashtra, 411029
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