HOME Top Market Reports Automotive Tire Market by Type (Radial, and Bias/Cross ply), Section Width (<200 mm, 200-230 mm, and >230 mm), Aspect Ratio (<60, 60-70, >70), Aftermarket (Radial, and Bias/Cross Ply); Vehicle Type and Region - Global Trends and Forecast to 2019

Automotive Tire Market by Type (Radial, and Bias/Cross ply), Section Width (<200 mm, 200-230 mm, and >230 mm), Aspect Ratio (<60, 60-70, >70), Aftermarket (Radial, and Bias/Cross Ply); Vehicle Type and Region - Global Trends and Forecast to 2019

By: marketsandmarkets.com
Publishing Date: March 2015
Report Code: AT 3223

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A tire consists of a rubber ring around the rim of automobile wheel which is responsible to perform several functions such as support the weight of the vehicle, transmit vehicle propulsion & braking, soften the impact of improper road condition and maintain the vehicles direction. The vehicle manufacturer needs to ensure that the tire is able to perform these functions and meet several other demands like increasing needs of the vehicle owner, increasing advancement in automobile quality & capability, and the diversification of usage. Owing to which the capabilities and performance of tires are becoming more intricate and varied. Thus the tire manufacturers need to continually refine existing technology and introducing new concepts to the marketplace to meet these demands.

Owing to this the global automotive demand for the tire market is projected to grow at a promising rate of 5.9% from 2014 to 2019. The largest contributor to the growth of tire market is Asia-Oceania. While the North American tire market is estimated to be the second largest market, owing to the increased production of vehicles in the region and due to recovery of economy in the North America. Growing demand of automotive tire from emerging economies, such as India, Thailand, and Vietnam is anticipated to boost the industry.

The parameters which are driving the tire industry are increasing automobile demand, rapid global expansion, better quality production, increasing customer’s demand for better mileage and durability ( radial tires are replacing conventional tires) and growing demand for eco-friendly tires. The global market, in terms of volume, is estimated to be 500.4 million units in 2014. This market is growing at a significant rate in North America and Asia-Oceania, while the European and RoW markets are estimated to grow at a decent rate.

This report classifies and defines the automotive tire market size, in terms of volume and value. It provides a comprehensive analysis and insights (both, qualitative and quantitative) into automotive tires. It highlights potential growth opportunities in the coming years, while also reviewing the market drivers, restraints, growth indicators, challenges, market dynamics, competitive landscape, and other key aspects with respect to automotive tires. Along with a quantitative analysis, , the report covers qualitative aspects such as value chain analysis, PEST analysis, and Porter’s five force analysis for the global market.

The key players in this market have also been identified and profiled. Some of the key players are Bridgestone Group (Japan), Continental Group (Germany), Goodyear Tire & Rubber Company (U.S.), Michelin Group (France), and Pirelli & C. S.p.A (Italy). The major strategies adopted by these market players are geographic expansion and new product development.

Scope of the Report

The automotive tire market is divided into four major segments

  • Global Automotive Tire Market, By Aspect Ratio
    • <60
    • 60-70
    • >70
  • Global Automotive Tire Market, By Section Width
    • <200 mm
    • 200-230 mm
    • >230 mm
  • Global Automotive Tire Aftermarket
    • Radial
    • Bias/cross ply
  • Global Automotive Tire Market, By Type & Region
    • Asia-Oceania
      • China
      • Japan
      • South Korea
      • India
    • Europe
      • Germany
      • France
      • U.K
    • North America
      • U.S.
      • Canada
      • Mexico
    • Rest of the World (RoW)
      • Brazil
      • Russia

Additional Customizations Available:

  • Global Automotive Tire Market, By Rim Diameter
  • Global Automotive Tire Market for Off-Highway Vehicles
  • Global Automotive Re-Treading Tire Market
  • Who Supplies To Whom
  • Additional Company Profiles

Automotive Tire Market

Table of Contents

1 Introduction (Page No. - 11)
    1.1 Objectives of the Study
    1.2 Market Definition
    1.3 Market Scope
           1.3.1 Markets Covered
           1.3.2 Years Considered in the Report
    1.4 Currency
    1.5 Package Size
    1.6 Limitation
    1.7 Stakeholders

2 Research Methodology (Page No. - 14)
    2.1 Research Data
    2.2 Secondary Data
           2.2.1 Key Secondary Sources
           2.2.2 Key Data From Secondary Sources
    2.3 Primary Data
           2.3.1 Sampling Techniques & Data Collection Methods
           2.3.2 Primary Participants
                    2.3.2.1 Key Industry Insights
    2.4 Factor Analysis
           2.4.1 Introduction
           2.4.2 Demand Side Analysis
                    2.4.2.1 Impact of GDP on Commercial Vehicle Sales
                    2.4.2.2 Urbanization vs. Passenger Cars Per 1000 People
                    2.4.2.3 Infrastructure: Roadways
           2.4.3 Supply Side Analysis
                    2.4.3.1 Increasing Vehicle Production in Developing Countries
           2.4.4 Technological Advancements
           2.4.5 Influence of Other Factors
    2.5 Market Size Estimation
    2.6 Data Triangulation
    2.7 Assumptions

3 Executive Summary (Page No. - 28)

4 Premium Insights (Page No. - 31)
    4.1 Automotive Tire Market Overview
    4.2 Global Outlook for Automotive Tire Market, By Key Countries
    4.3 Global Outlook for Automotive Tire Market, By Section Width
    4.4 Global Outlook for Automotive Tire Market, By Aspect Ratio
    4.5 Life Cycle Analysis, By Region

5 Market Overview (Page No. - 35)
    5.1 Introduction
    5.2 Market Segmentation
           5.2.1 By Type & Region (North America, Asia-Oceania, Europe, & RoW)
           5.2.2 By Section Width
           5.2.3 By Aspect Ratio
           5.2.4 By Aftermarket
    5.3 Market Dynamics
           5.3.1 Drivers
                    5.3.1.1 Increasing Demand for Light Passenger Vehicles & Heavy-Duty Vehicles
                    5.3.1.2 Rising Average Age of Vehicles in Operation
                    5.3.1.3 Increasing Stringent Fuel Economy & Exhaust Emission Control Targets
           5.3.2 Restraints
                    5.3.2.1 Fluctuating Prices of Raw Materials
           5.3.3 Opportunities
                    5.3.3.1 Partnerships Between Major Automakers and Domestic Players
                    5.3.3.2 GRoWing Vehicle Sales, Production, & PARC in Developing Countries
           5.3.4 Challenge
                    5.3.4.1 Increasing Number of Mandatory Test to Be Performed on Tires for Commercializing It
    5.4 Burning Issue
           5.4.1 Adaptation of Eco Friendly and Smart Tires
    5.5 Value Chain Analysis
    5.6 Porter’s Five Forces Analysis
           5.6.1 Threat of New Entrants
           5.6.2 Threat 0f Substitutes
           5.6.3 Bargaining Power of Suppliers
           5.6.4 Bargaining Power of Buyers
           5.6.5 Intensity of Competitive Rivalry

6 Global Automotive Tire Market, By Aspect Ratio* (Page No. - 50)
(*Note: the Automotive Tire Market By Aspect Ratio is Covered at Regional Level (North America, Asia-Oceania, Europe and RoW))
    6.1 Introduction
    6.2 North America
           6.2.1 <60
           6.2.2  60-70
           6.2.3  >70
    6.3 Asia-Oceania
           6.3.1  <60
           6.3.2  60-70
           6.3.3  >70
    6.4 Europe
           6.2.1  <60
           6.2.2  60-70
           6.2.3  >70
    6.5 Rest of the World (RoW)
           6.2.1  <60
           6.2.2  60-70
           6.2.3  >70

7 Global Automotive Tires Market, By Section Width* (Page No. - 58)
(*Note: the Automotive Tire Market By Section Width is Covered at Regional Level (North America, Asia-Oceania, Europe and RoW))
    7.1 Introduction
    7.2 North America
           7.2.1 <200 MM
           7.2.2 200-230 MM
           7.2.3 >230 MM
    7.3 Asia-Oceania
           7.3.1 <200 MM
           7.3.2 200-230 MM
           7.3.3 >230 MM
    7.4 Europe
           7.4.1 <200 MM
           7.4.2 200-230 MM
           7.4.3 >230 MM
    7.5 Rest of the World (RoW)
           7.5.1 <200 MM
           7.5.2 200-230 MM
           7.5.3 >230 MM

8 Global Automotive Tires Market, By Type & Region* (Page No. - 65)
(*Note: the Automotive Tire Market By Type is Covered at Country Level)
    8.1 Introduction
    8.2 North America
           8.2.1 U.S.
           8.2.2 Canada
           8.2.3 Mexico
    8.3 Asia-Oceania
           8.3.1 China
           8.3.2 Japan
           8.3.3 South Korea
           8.3.4 India
    8.4 Europe
           8.4.1 Germany
           8.4.2 France
           8.4.3 U.K.
           8.4.4 Rest of the World (RoW)
           8.4.5 Brazil
           8.4.6 Russia

9 Global Automotive Tire, By Aftermarket* (Page No. - 86)
(*Note: The Automotive Tire Aftermarket is Represented By Tire Type and Vehicle Type at Regional Level)
    9.1 Introduction
    9.2 Radial Tire
    9.3 Bias Tire

10 Competitive Landscape (Page No. - 90)
     10.1 Overview
     10.2 Market Share Analysis, 2013
     10.3 Competitive Situation and Trends
     10.4 Battle for Market Share: Expansion Was the Key Strategy
     10.5 Expansions
     10.6 New Product Launches
     10.7 Agreements, Partnerships, Collaborations, & Joint Ventures
     10.8 Mergers & Acquisitions
     10.9 Supply Contract

11 Company Profiles (Page No. - 98)
(Company at A Glance, Recent Financials, Products & Services, Strategies & Insights, & Recent Developments)*
     11.1 Introduction
     11.2 The Bridgestone Group
     11.3 Continental Group
     11.4 Goodyear Tire and Rubber Company
     11.5 Michelin Group
     11.6 Pirelli & C. S.P.A.
     11.7 Sumitomo Rubber Industries, Ltd.
     11.8 Hankook Tire Co. Ltd.
     11.9 Yokohama Rubber Co., Ltd.
     11.10 Cooper Tire & Rubber Company
     11.11 Toyo Tire & Rubber Co. Ltd.

*Details on Company at A Glance, Recent Financials, Products & Services, Strategies & Insights, & Recent Developments Might Not Be Captured in Case of Unlisted Companies.

12 Appendix (Page No. - 130)
     12.1 Available Customizations
             12.1.1 Global Automotive Tire Market, By Rim Diameter
                        12.1.1.1 Below13 Inch
                        12.1.1.2 14 Inch - 17 Inch
                        12.1.1.3 18 Inch - 21 Inch
                        12.1.1.4 22 Inch - 24 Inch
                        12.1.1.5 25 Inch and Above and Above
             12.2.2 Global Automotive Tire Market for Off-Highway Vehicles
                        12.2.2.1 Agriculture Equipment
                        12.2.2.2 Construction Equipment
             12.2.3 Global Automotive Re-Treading Tire Market
             12.2.4 Global Automotive Remanufacturing Tire Market
             12.2.5 Global Automotive Run Flat Tire Market
             12.2.6 Who Supplies to Whom
             12.2.7 Additional Company Profiles
     12.2 Key Insights From Industry Experts
     12.3 Discussion Guide
     12.4 Introducing RT: Real Time Market Intelligence
     12.5 Related Reports


List of Tables (70 Tables)

Table 1 Impact of Drivers on the Automotive Tire Market
Table 2 Impact of Restraint on the Automotive Tire Market
Table 3 Impact of Opportunities on the Tire Market
Table 4 Impact of the Challenge on the Tire Market
Table 5 Global Automotive Tire Market, By Aspect Ratio, 2012-2019 (Million Units)
Table 6 Global Automotive Tire Market, By Aspect Ratio, 2012-2019 ($Million)
Table 7 North America: Automotive Tire Market, By Aspect Ratio,2012-2019 (Million Units)
Table 8 North America: Automotive Tire Market, By Aspect Ratio,2012-2019 ($Million)
Table 9 Asia-Oceania: Automotive Tire Market, By Aspect Ratio,2012-2019 (Million Units)
Table 10 Asia-Oceania: Automotive Tire Market, By Aspect Ratio,2012-2019 ($Million)
Table 11 Europe: Automotive Tire Market, By Aspect Ratio,2012-2019 (Million Units)
Table 12 Europe: Automotive Tire Market, By Aspect Ratio, 2012-2019 ($Million)
Table 13 RoW: Automotive Tire Market, By Aspect Ratio, 2012-2019 (Million Units)
Table 14 RoW: Automotive Tire Market, By Aspect Ratio, 2012-2019 ($Million)
Table 15 Global Automotive Tire Market, By Section Width,2012-2019 (Million Units)
Table 16 Global Automotive Tire Market, By Section Width, 2012-2019 ($Million)
Table 17 North America: Automotive Tire Market, By Section Width,2012-2019 (Million Units)
Table 18 North America: Automotive Tire Market, By Section Width,2012-2019 ($Million)
Table 19 Asia-Oceania: Automotive Tire Market, By Section Width,2012-2019 (Million Units)
Table 20 Asia-Oceania: Automotive Tire Market, By Section Width,2012-2019 ($Million)
Table 21 Europe: Automotive Tire Market, By Section Width,2012-2019 (Million Units)
Table 22 Europe: Automotive Tire Market, By Section Width, 2012-2019 ($Million)
Table 23 RoW: Automotive Tire Market, By Section Width, 2012-2019 (Million Units)
Table 24 RoW: Automotive Tire Market, By Section Width, 2012-2019 ($Million)
Table 25 Global Automotive Tire Market, By Type , 2012–2019 (Million Units)
Table 26 Global Automotive Tire Market, By Type, 2012–2019 ($Million)
Table 27 Global Automotive Tire Market, By Region, 2012–2019 (Million Units)
Table 28 Global Automotive Tire Market, By Region, 2012–2019 ($Million)
Table 29 North America: Automotive Tire Market, By Type,2012–2019 (Million Units)
Table 30 North America: Automotive Tire Market, By Type, 2012–2019 ($Million)
Table 31 U.S.: Automotive Tire Market, By Type, 2012–2019 (Million Units)
Table 32 U.S.: Automotive Tire Market, By Type, 2012–2019 ($Million)
Table 33 Canada: Automotive Tire Market, By Type, 2012–2019 (Million Units)
Table 34 Canada: Automotive Tire Market, By Type, 2012–2019 ($Million)
Table 35 Mexico: Automotive Tire Market, By Type, 2012–2019 (Million Units)
Table 36 Mexico: Automotive Tire Market, By Type, 2012–2019 ($Million)
Table 37 Asia-Oceania: Automotive Tire Market, By Type, 2012–2019 (Million Units)
Table 38 Asia-Oceania: Automotive Tire Market, By Type, 2012–2019 ($Million)
Table 39 China: Automotive Tire Market, By Type, 2012–2019 (Million Units)
Table 40 China: Automotive Tire Market, By Type, 2012–2019 ($Million)
Table 41 Japan: Automotive Tire Market, By Type, 2012–2019 (Million Units)
Table 42 Japan: Automotive Tire Market, By Type, 2012–2019 ($Million)
Table 43 South Korea: Automotive Tire Market, By Type, 2012–2019 (Million Units)
Table 44 South Korea: Automotive Tire Market, By Type, 2012–2019 ($Million)
Table 45 India: Automotive Tire Market, By Type, 2012–2019 (Million Units)
Table 46 India: Automotive Tire Market, By Type, 2012–2019 ($Million)
Table 47 Europe: Automotive Tire Market, By Type, 2012–2019 (Million Units)
Table 48 Europe: Automotive Tire Market, By Type, 2012–2019 ($Million)
Table 49 Germany: Automotive Tire Market, By Type, 2012–2019 (Million Units)
Table 50 Germany: Automotive Tire Market, By Type, 2012–2019 ($Million)
Table 51 France: Automotive Tire Market, By Type, 2012–2019 (Million Units)
Table 52 France: Market, By Type, 2012–2019 ($Million)
Table 53 U.K.: Automotive Tire Market, By Type, 2012–2019 (Million Units)
Table 54 U.K.: Market, By Type, 2012–2019 ($Million)
Table 55 RoW: Automotive Tire Market, By Type, 2012–2019 (Million Units)
Table 56 RoW: Market, By Type, 2012–2019 ($Million)
Table 57 Brazil: Automotive Tire Market, By Type, 2012–2019 (Million Units)
Table 58 Brazil: Market, By Type, 2012–2019 ($Million)
Table 59 Russia: Automotive Tire Market, By Type, 2012–2019 (Million Units)
Table 60 Russia: Market, By Type, 2012–2019 ($Million)
Table 61 Global: Automotive Tire Aftermarket Size, By Type,2012–2019 (Million Units)
Table 62 Passenger Car Radial Tires Aftermarket Size, By Region,2012–2019 (Million Units)
Table 63 Commercial Vehicles Radial Tires Aftermarket Size, By Region,2012–2019 (Million Units)
Table 64 Passenger Car Bias Tires Aftermarket Size, By Region,2012–2019 (Million Units)
Table 65 Commercial Vehicles Bias Tires Aftermarket Size, By Region,2012–2019 (Million Units)
Table 66 Expansions, 2010–2014
Table 67 New Product Launches, 2010-2014
Table 68 Agreements, Partnerships, Collaborations, & Joint Ventures, 2010–2014
Table 69 Mergers & Acquisitions, 2010-2014
Table 70 Supply Contracts, 2010-2014
 

List of Figures (57 Figures)
 
Figure 1 Automotive Tire Market Segmentation
Figure 2 Research Methodology
Figure 3 Research Methodology Model
Figure 4 Breakdown of Primary Interviews: By Company Type, Designation, & Region
Figure 5 Gross Domestic Product (GDP) vs. Commercial Vehicle Production
Figure 6 Urbanization vs. Passenger Cars Per 1000 People
Figure 7 Road Network vs. Passenger Car Sales
Figure 8 Vehicle Production, 2009-2013
Figure 9 Micro and Macro Factor Analysis
Figure 10 Market Size Estimation Methodology: Bottom-Up Approach
Figure 11 Automotive Tire Market Size, By Type, 2014 & 2019
Figure 12 Automotive Tire Regional Market Share, By Value, 2014
Figure 13 Regional Market Volume Share in Tire Aftermarket, 2014
Figure 14 Development Share in Automotive Tire Market, 2010-2014
Figure 15 Opportunities in Automotive Tire Market, 2014–2019
Figure 16 Automotive Tire Market Growth Rate, By Country, 2014–2019
Figure 17 Market Share for Type of Automotive Tire, By Region, 2014
Figure 18 Market for Tires With Section Width of Less Than 200 Mm is Projected to Have Highest Growth in Automotive Tire Market
Figure 19 Market for Tires With Aspect Ratio of More Than 70 is Estimated to Have the Highest Market Growth
Figure 20 Asia-Oceania to Grow At A Higher Rate Than Other Regions During The Forecast Period
Figure 21 Increasing Demand for Light Passenger Vehicles & Heavy-Duty Vehicles to Drive the Market for Automotive Tires in the Future
Figure 22 Passenger Cars & Commercial Vehicles Sales From 2008–2013
Figure 23 Growing Average Age of Vehicles in the Past Five Years
Figure 24 Overview of Emission & Fuel Economy Regulations for Passenger Cars
Figure 25 Prices of Natural Rubber, 2011–2014, ($/KG)
Figure 26 Vehicle Sales & Vehicle Parc in Developing Nations, Million Units, 2013
Figure 27 Value Chain Analysis: Major Value is Added During Manufacturing& Assembly Phases
Figure 28 Porter’s Five Forces Analysis : Automotive Tire Market
Figure 29 The Tire Market for North America is Projected to Grow At the Highest CAGR of 6.38% From 2014 and 2019
Figure 30 The Market for Tire With Aspect Ratio Below 60 is Projected to Grow At the Highest CAGR of 6.21% From 2014 to 2019
Figure 31 The Market for Tires With A Section Width Between 200-230 Mm is Projected to Grow At the Highest CAGR of 5.98% From 2014 to 2019
Figure 32 Tires With A Section Width Below 200 Mm Constitute the Largest Segment in the Automotive Tire Market in Asia-Oceania (2014)
Figure 33 Region-Wise Snapshot of Automotive Tire Market Size By Volume(2014) – Rapid Growth Markets are Emerging as New Hot Spots
Figure 34 North America Market Snapshot: One of the Major Markets for Automotive Tires
Figure 35 China is the Largest Market for Automotive Tires Globally (2014)
Figure 36 Germany is the Largest Market for Automotive Tires in the European Region
Figure 37 Asia-Oceania Projected to Have the Highest Growth Rate in Tire Aftermarket
Figure 38 Companies Adopted Expansion as the Key Growth Strategy for the Past Five Years
Figure 39 Continental Group Grew At the Fastest Rate From 2009-2013
Figure 40 Significant Investments in Expansion & Contract Acquisition Have Fuelled Growth & Innovation in 2011-2014
Figure 41 Region-Wise Revenue Mix of Top 5 Market Players
Figure 42 Competitive Benchmarking of Key Market Players (2009-2013): Bridgestone Corporation and Michelin Group Emerged as the Elephants Owing to Their Global Presence
Figure 43 Bridgestone Group: Company Snapshot
Figure 44 Bridgestone Group: SWOT Analysis
Figure 45 Continental Group: Company Snapshot
Figure 46 Continental Group: SWOT Analysis
Figure 47 Goodyear Tire and Rubber Company: Company Snapshot
Figure 48 Goodyear Tire and Rubber Company: SWOT Analysis
Figure 49 Michelin Group: Company Snapshot
Figure 50 Michelin Group: SWOT Analysis
Figure 51 Pirelli & C. S.P.A.: Company Snapshot
Figure 52 Pirelli & C. S.P.A.: SWOT Analysis
Figure 53 Sumitomo Rubber Industries, Ltd.: Company Snapshot
Figure 54 Hankook Tire Co. Ltd.: Company Snapshot
Figure 55 Yokohama Rubber Co., Ltd.: Company Snapshot
Figure 56 Cooper Tire & Rubber Company: Company Snapshot
Figure 57 TOYO Tire & Rubber Co. Ltd.: Company Snapshot

The automotive tire market size, in terms of volume, is projected to grow at a CAGR of 5.9% from 2014 to 2019, to reach 666.6 million units by 2019.

The global market size, in terms of volume, is projected to reach 666.6 million units by 2019. The market for automotive tires is estimated to be the largest in Asia-Oceania, which held a market share of about 53.7% in 2014. China is the key contributor to the growth of automotive tire market in the Asia-Oceania region. The global demand for automotive tires is driven by the high demand for green tires, increasing level of tire radialization, and growing demand for light passenger and heavy-duty vehicles. North America holds the second largest share in this market. The major contributors to this market are the U.S., Canada, and Mexico which have high vehicle production.

Eastern European and North American countries such as Mexico are potential markets owing to increasing production capacity. The automotive tire market is growing substantially in Asia-Oceania and RoW due to growing vehicle production and increasing radialization.

The global market is dominated by major players such as Bridgestone Group (Japan), Continental Group (Germany), Goodyear Tire & Rubber Company (U.S.), Michelin Group (France), and Pirelli & C. S.p.A (Italy).

Automotive Tire Market Size, 2014 vs. 2019 (Million Units)

Automotive Tire Market

Source: MarketsandMarkets Analysis

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