The Automotive tire market is expected to grow significantly during 2018-2023. The growth of the market is attributed to growing automotive market and increasing need of high performance tires. According to International Organization of Motor Vehicle Manufacturers the global automotive market has showed a growth of 4.6% in 2016. Additionally, a wide scope in construction equipment tire market can be expected in the near future in the developing economies.

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However, fluctuating price of raw material, high cost of tubeless tires as compared to tube tires and high accident rate due to tire bursting are the major concern for the market. Continuous development by the major market players in the manufacturing technology & material and innovation in tire technology are expected to boost the market growth in near future. The report includes detailed market overview, strategic recommendations, key company analysis, key findings, analyst insights, market determinants, market segmentation and company profiling.

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Market Segmentation

By Vehicle Type

• Two-Wheeler
• Passenger Car
• Light & Medium Commercial Vehicle
• Heavy Commercial Vehicle
• Construction, Agriculture, Off-Road Vehicle

By Road Application

• Summer Tire
• Winter Tire
• All Season Tire
• High Performance Tire
• All Terrain Tire

By Carcass Material

• Steel
• Natural Fiber
• Synthetic Fiber
• Chemical Compound

By Construction

• Radial Tire
• Bias & Belted Bias Cross Ply Tire

By Tire Type

• Tube Tire
• Tubeless Tire

Regional Analysis

• North American
• United States
• Canada

Europe

• UK
• Germany
• France
• Italy
• Rest of Europe

Asia Pacific

• India
• China
• Japan
• Rest of Asia Pacific

Rest of the World

Company Profiles

• Aeolus Tire Co. Ltd
• Apollo Tires Limited
• Bridgestone Corporation
• Ceat Limited
• Cheng Shin Rubber Industry Co
• Continental Aktiengesellschaft
• Cooper Tire & Rubber Company
• Dmack Holdings Ltd
• Hankook Tire Co., Ltd.
• Kumho Tire Co., Inc
• Maxxis International Gmbh
• Michelin Tire Plc
• Mrf Limited
• Omni United Pte. Ltd
• Pirelli & C. S.P.A
• Qingdao Fullrun Tire Corp. Ltd.
• Sumitomo Rubber Industries, Ltd.
• The Goodyear Tire & Rubber Company
• The Yokohama Rubber Company, Limited
• Toyo Tire & Rubber Company

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