1. Market Research
  2. > Automotive Market Trends
  3. > Tire

Automotive Tire Market Research: Latest Tire Industry Trends & Statistics

  • Currently 4/5 Stars.
  • 1
  • 2
  • 3
  • 4
  • 5
17 votes

Global Tire Industry

The global tire industry plays a large role in the worldwide automotive industry.  

Tire Market Key Segments

Increased demand is a result of increasing global vehicle use prompted by rising levels of income, leading to higher rates of vehicle ownership. OEM and replacement motor vehicle tires demand, in particular for light vehicles, will continue to grow in tandem with car ownership.

Demand for bicycle and motorcycle tires in emerging nations represents the largest percentage of sales in the industrial and other tire market segment.

Tires for use in other sectors – such as for airplanes, mining equipment, agriculture, and construction – as well as services around tires (repair, replace, etc.) will also contribute to overall industry growth. Tires used in these sectors account for less of the global tire market than motorcycle and bicycle tires. Tire market growth in this region will benefit from foreign investment in tire manufacturing. Industry players will continue to move to the Asia-Pacific region due to room to boost local market sales together with the low cost of labor throughout the region.

Regional Tire Market Share

As the market is mature, there is unlikely to be much change over coming years. Industry players will seek to boost sales through new product distribution opportunities and by improving their product mix. Eastern and Northern Europe represent the region with the best growth potential.

India’s tire market growth will be driven by rising demand for automobile products. Obstacles to growth in the Indian tire industry include rising raw material prices. Leading players currently operating in India’s tire market include CEAT, Apollo Tyres, MRF, and Tyre and Industries.

Saudi Arabia’s tire market continues to grow due to rising rates of automobile ownership, increasing GDP and a booming used-car industry, reports TechSci Research.

Asia-Pacific leads the global tire market. Most of China’s tire demand is for non-motor vehicle tires, though the country represents the second-highest sales of motor vehicle tires after the US.

Read more »

Share
24/7 Customer Support

Talk to Sam

001 646 893 5945

1-10 of about 1700 reports

Global Tire Statistics

  • May 2017
    5 pages
  • Tire  

  • United Kingdom  

    World  

    India  

View report >

Tire Industry in the US - Forecast

  • July 2017
    12 pages
  • Tire  

  • United States  

    North America  

View report >

Tire Industry in Europe - Forecast

  • January 2017
    34 pages
  • Tire  

  • Europe  

View report >

Tire Industry in Asia

  • January 2015
    6 pages
  • Tire  

  • Asia  

    Thailand  

View report >

Tire Statistics in Japan

  • May 2017
    11 pages
  • Tire  

  • Japan  

View report >

Tire Industry in France

  • February 2017
    9 pages
  • Tire  

  • France  

    Europe  

View report >

The future of the Tire Industry in Germany

  • January 2017
    6 pages
  • Tire  

  • Germany  

View report >

Tire Industry in the UK

  • June 2017
    31 pages
  • Tire  

  • United Kingdom  

View report >

Tire Industry in the US and Canada - Forecast

  • March 2017
    16 pages
  • United States  

    Canada  

View report >

Tire Industry in Russian Federation and Europe

  • January 2016
    92 pages
  • Tire  

  • Russian Federat...  

    Europe  

View report >

Search in Tire Industry (About 1700 reports)
Parent industry: Automotive
Related industries: Road Transport, Auto Parts, Auto Aftermarket, Auto Retail, Road Safety, Motor Vehicle, Auto Services, Used Car

About 500 reports

Purchase Reports From Reputable Market Research Publishers
(From $ 199 - $ 18579)

Rubber Tyre Markets in the World to 2021 - Market Size, Trends, and Forecasts

  • $ 22464
  • Industry report
  • July 2017
  • by Global Research & Data Services

This industry report package offers the most up-to-date market data on the actual market situation, trends, and future outlook for rubber tyres in the world. Along with a global rubber tyre market report ...

Rubber Tyre Markets In Europe To 2021 - Market Size, Tr ...

July 2017 $ 11824

Rubber Tyre Markets In Asia To 2021 - Market Size, Tren ...

July 2017 $ 8765

Rubber Tyre Markets In Eastern Europe To 2021 - Market ...

July 2017 $ 7435

Farm Tire Market - North America Industry Analysis, Siz ...

June 2017 $ 5795

Rubber Tyre Markets In Western Europe To 2021 - Market ...

July 2017 $ 6903

Polybutadiene Market By Type, Liquid Polybutadiene, App ...

July 2017 $ 5650

Process Oil Market By Type, Application, And Region - G ...

June 2017 $ 5650

Global Tire Cord Industry

June 2017 $ 4950

Commercial Vehicle Tires - Global Market Outlook (2017- ...

June 2017 $ 4157

ReportLinker simplifies how Analysts and Decision Makers get industry data for their business.