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Global automotive tire market size is expected to reach $176.08 Bn by 2028 at a rate of 5.8%, segmented as by rim size, less than 15 inches, 15 to 20 inches, more than 20 inches<br>
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Automotive Tire Global Market Report 2024 Global Forecast 2024 – 2033 Market Size, Drivers, And Trends Top Market Research Firm 2023! We are honored to be listed as a top company at the forefront of research, by the Business Management Review © The Business Research Company. All Rights Reserved.
Automotive Tire Market Segments The Business Research Company segments the automotive tire market report as: Less Than 15 Inches, 15 to 20 Inches, More Than 20 Inches By Rim Size By Vehicle Type Passenger Vehicle, Commercial Vehicle, Electric Vehicle Radial Tire, Bias Tire By Manufacturing By Distribution Channel Original Equipment Manufacturer (OEM), Aftermarket © The Business Research Company. All Rights Reserved.
Market Statistics The global Automotive Tire market size grew from $132.89 billion in 2023 to $140.64 billion in 2024 at a compound annual growth rate (CAGR) of 5.8%. The Automotive Tire market size is expected to grow to $176.08 billion in 2028 at a compound annual growth rate (CAGR) of 5.8%. $176.08 B $140.64 B $132.89 B Click Here To Get A Sample Report © The Business Research Company. All Rights Reserved.
Key Market Drivers And Trends Drivers The development of electric and hybrid vehicles is expected to propel the growth of the automotive tire market going forward. Trends Automotive tire companies are focusing on developing airless tires for passenger and commercial vehicles. Region Asia-Pacific was the largest region in the Automotive Tire market in 2023. The regions covered in the Automotive Tire market analysis report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa. © The Business Research Company. All Rights Reserved.
Top Eleven Players In The Market Major players in the market are: ▪ Continental AG ▪ Hankook & Company Co. ▪ Bridgestone Corporation Ltd. ▪ Michelin Group ▪ Pirelli & C. S.p.A ▪ Goodyear Tire & Rubber ▪ The Yokohama Rubber Co. Company Ltd. ▪ Nankang Rubber Tire Corp. Ltd. ▪ MRF Limited ▪ Sumitomo Rubber Industries Ltd ▪ Trelleborg AB Get More Information On The Market Report © The Business Research Company. All Rights Reserved.
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