Automotive Tire Market Emerging Trend, Top Companies, Industry Demand and Regional Analysis by 2027

The automotive tires market was valued at USD 102 billion in 2020 and is anticipated to reach USD 122 billion by 2027, at a CAGR of more than 3% during the forecast period.

Car tires are round car parts made of rubber that are used to cover the rim of a wheel outside. The tire’s primary function is to protect the wheel rim 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.

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By Season Tire Type

l Summer

l Winter 

l All Season

 

By Vehicle Type 

l Passenger Car

l Commercial Vehicle 

l Light commercial

l Heavy commercial

l Electric Vehicle

 

Keys  Market

Key participants include Continental Group, Cooper & Rubber Company, Hankook Co. Ltd., Goodyear & Rubber Company, Michelin Group, Pirelli, Sumitomo Rubber Industries, Ltd., The Bridgestone Group, Toyo & Rubber Co. Ltd. and Yokohama Rubber Co. Ltd.


Scope of the Report
The research study analyzes the global Automotive Tire 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

o Market Overview and growth analysis
o Import and Export Overview
o Volume Analysis
o Current Market Trends and Future Outlook
o Market Opportunistic and Attractive Investment Segment

 

 

 

A full report is available at: https://www.orionmarketreports.com/global-automotive-tire-market/51835/ 

 

 

Geographic Coverage 

o North America Market Size and/or Volume

o Latin America Market Size and/or Volume

o Europe Market Size and/or Volume

o Asia-Pacific Market Size and/or Volume

o Rest of the world Market Size and/or Volume

 

 

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Orion Market Reports (OMR) endeavors to provide exclusive blend of qualitative and quantitative market research reports to clients across the globe. Our organization helps both multinational and domestic enterprises to bolster their business by providing in-depth market insights and most reliable future market trends. Our reports address all the major aspects of the markets providing insights and market outlook to global clients.

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