Tire Market Size, Share, Trends, Growth, And Forecast 2023-2028

1. Global Tire Market Research Report 2023-2028 Author: Elena Anderson Marketing Manager IMARC Group © 2022 IMARC All Rights Reserved Copyright © IMARC Service Pvt Ltd. All Rights Reserved

2. About IMARC Group Report Description International Market Analysis Research and Consulting Group is a leading adviser on management strategy and market research worldwide. We partner with clients in all regions and industry verticals to identify their highest-value opportunities, address their most critical challenges, and transform their businesses. IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, chemicals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise. IMARC’s tailored approach combines unfathomable insight into the dynamics of companies and markets with close cooperation at all levels of the client organization. This ensures that our clients achieve unmatchable competitive advantage, build more proficient organizations, and secure lasting results.

3. Report Description and Highlights Report Description Global Tire Market Outlook 2023-2028: As per the latest report by IMARC Group, titled "Tire Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028," In 2022, the global tire market size reached 2,321.3 million units. Going forward, IMARC Group is expected to reach 2,741.2 million units by 2028, at a compound annual growth rate (CAGR) of 2.88% from 2023 to 2028. The expanding automotive industry as well as the growing adoption of advanced tire technology to enhance efficiency are the factors responsible for the growth of the tire market. Additionally, the demand for tires is escalating owing to the high production of vehicles globally, which is fueling the market. Besides this, the growing consumer preference for high-quality, durable tires that offer enhanced safety and fuel efficiency is pushing manufacturers to innovate and improve their product offerings, which is further bolstering the market. Moreover, the expansion of the commercial vehicle sector, spurred by increased industrial activities and e-commerce, is boosting demand for specialty tires designed for heavy-duty performance and longevity. Request a Free PDF Sample of the Report: https://www.imarcgroup.com/report/ja/thin-film-battery-market/requestsample

4. Report Description and Highlights Report Description Global Tire Market Trends: Emerging trends in the tire market include significant advancements in eco-friendly tire technologies. Manufacturers are increasingly focusing on sustainable practices by reducing the use of non-renewable materials and incorporating recycled materials, such as rubber from discarded tires, into new products. In addition to this, the development of low-rolling resistance tires is another key trend, as these tires decrease the amount of energy required during travel, thereby reducing fuel consumption and emissions, thereby propelling the market. Furthermore, the integration of smart technologies in tires is on the rise, with features such as sensors that monitor pressure and temperature to provide real-time data to drivers and fleet managers, which is acting as another growth-inducing factor. Apart from this, as the automotive industry continues to evolve towards more sustainable and technologically advanced practices, the tire market is set to see continued growth and transformation, which is anticipated to drive the tire market over the forecasted period. View Report TOC, Figures and Tables: https://www.imarcgroup.com/report/ja/tyre-manufacturing-plant

5. Report Description and Highlights Report Description • Key Market Segmentation: • The report has segmented the global Tire market on the basis of basis of design, end use, vehicle type, distribution channel, and season. • Design insights: • radial market • bias market • End-use insights: • OEM市場 • exchange market • Distribution channel insights: • OEM市場 • exchange market

6. Report Description and Highlights Report Description • Vehicle type insights: • passenger car • light commercial vehicle • 中・大型商用車 • 二輪車 • 三輪車 • Off-road (OTR) • Seasonal Insights: • all season tires • winter tires • summer tires

7. Report Description and Highlights Report Description • Regional classification: • North America (United States, Canada) • Asia Pacific (China, Japan, India, Australia, Indonesia, Korea, Others) • Europe (Germany, France, United Kingdom, Italy, Spain, Others) • Latin America (Brazil, Mexico, Others) • Middle East and Africa (United Arab Emirates, Saudi Arabia, Turkey, South Africa, Others) • Ask Analyst for Customization and Explore full Report with TOC & List of Figures: https://www.imarcgroup.com/request?type=report&id=16767&flag=E

8. Report Description and Highlights Report Description • Competitive Landscape With Key Players: • The competitive landscape global Tire market has been studied in the report with the detailed profiles of the key players operating in the market. • The Michelin Group • Bridgestone Corporation • Continental AG • The Goodyear Tire and Rubber Company • Sumitomo Corporation • Pirelli Tyre S.p.A • Yokohama Tire Corporation • Hankook Tire and Technology Co., Ltd. • Toyo Engineering Corporation • Kumho Tyre (Australia) Pty Ltd.

9. Table of Contents Report Description 1 Preface 2 Scope and Methodology 3 Executive Summary 4 Introduction 5 Global Tire Industry 6 Market Breakup by Design 7 Market Breakup by End-Use 8 Market Breakup by Vehicle Type 9 Market Breakup by Distribution Channel 10 Market Breakup by Season

10. Table of Contents Report Description 11 Market Breakup by Region 12 Tire Pricing 13 SWOT Analysis 14 Value Chain Analysis 15 Porters Five Forces Analysis 16 Competitive Landscape 17 Tire Manufacturing Process 18 Project Details, Requirements and Costs Involved 19 Loans and Financial Assistance 20 Project Economics

11. Table of Contents Report Description Click Here to Visit the Complete Table of Content With List of Figures and Tables: https://www.imarcgroup.com/report/ja/tyre-manufacturing-plant/toc

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13. Partial List of Clients • We are the trusted business partners to the world's leading corporates, governments, and institutions A partial List of our Clients

14. Report Description and Highlights Report Description © 2022 IMARC All Rights Reserved This Publication and all it’s contents unless otherwise mentioned are copyrighted in the name of International Market Analysis Research and Consulting (IMARC). No part of this publication may be reproduced, repackaged, redistributed or resold in whole or in any part. The publication may also not be used in any form or by and means graphic electronic or mechanical, including photocopying, recording, taping or by information storage or retrieval, or by any other form, without the express consent of International Market Analysis Research and Consulting (IMARC). Disclaimer: All contents and data of this publication, including forecasts, data analysis and opinion have been based on information and sources believed to be accurate and reliable at the time of publishing. International Market Analysis Research and Consulting makes no representation of warranty of any kind as to the accuracy or completeness of any Information provided. IMARC accepts no liability whatsoever for any loss or damage resulting from opinion, errors or inaccuracies if any found this publication. IMARC, IMARC Group and Global Therapy Insight Series are registered trademarks of International Market Analysis Research and Consulting. All other trademarks used in this publication are registered trademarks of their respective companies.

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