World Tyre Markets to 2022

The global tyre market is expected to gain a positive CAGR in the forthcoming period. The world tyre market is highly driven by rise in imex business among developed and developing regions. Increase in innovative approach adopted by manufacturers for production is likely to contribute to the market growth during the forecast period. Consumer demand for specifications and availability of the same fuels the market growth. Proliferation of synthetic rubber in the tyre industry acts as a catalyst in the market growth.

Application segment for global tyre markets includes two-wheeler, three-wheelers, cars, heavy vehicles. Car segmentation includes SUV, MUV, XUV and TUV. Heavy-vehicles are further segmented into trucks, buses, and commercial vehicles. Commercial, personal, and defense constitute the end-use components for the world tyre market. Commercial and defense account for a strong market position due to significance of use and constant demand with specifications. 

Geographical segmentation for global tyre markets includes North America, Latin America, Europe, Middle East and Africa. Asia-Pacific regions account for a significant CAGR during the forecast period with India and China being the prime market regions. Other regions such as Indonesia, Thailand, and Japan contribute to the regional market growth owing to rise in sales and demand for aftermarket service. 

North American and European Markets have registered a remarkable CAGR in the past and continue to enjoy a strong foothold in the global market registering rise in sales and increase in exports. Adoption of versatile techniques from manufacture’s perspective also contribute to the global market. 

Middle Eastern and African market is likely to gain a strong position owing to use of heavy vehicles and presence of military bases. Demand for specific tyre conditions for terrain and extreme weather relates to growth factors in the MEA region. The key players in the global tyre market include Bridgestone, Michelin, Yokohoma, Kumho, and Goodyear. 

The report package World Tyre Markets to 2022 offers the most up-to-date industry data on the actual market situation, and future outlook for tyres in the world. Along with a global tyres market report, the package includes country reports from the following countries:

Armenia, Australia, Austria, Azerbaijan, Bangladesh, Belgium, Bolivia, Bosnia Herzegovina, Bulgaria, Canada, China, Colombia, Croatia, Cyprus, Czech Republic, Denmark, Ecuador, Egypt, Estonia, Ethiopia, Finland, France, Germany, Greece, Hungary, India, Indonesia, Iran, Ireland, Italy, Japan, Jordan, Kazakhstan, Kyrgyzstan, Latvia, Lithuania, Macedonia, Malawi, Malaysia, Mexico, Moldova, Morocco, Nepal, Netherlands, Norway, Oman, Pakistan, Paraguay, Peru, Philippines, Poland, Portugal, Qatar, Romania, Saudi Arabia, Senegal, Slovakia, South Korea, Spain, Sweden, Tanzania, Thailand, Trinidad and Tobago, Turkey, Ukraine, United Kingdom, United States, Uruguay

The research includes historical data from 2011 to 2017 and forecasts until 2022 which makes the reports an invaluable resource for industry executives, marketing, sales and product managers, consultants, analysts, and other people looking for key industry data in readily accessible documents with clearly presented tables and graphs.

The reports help answer the following questions:

- What is the size of the tyre market in the world and in different countries?
- How much tyres are produced in the world and in different countries?
- How is the market split into different types of tyres?
- How are the overall market and different product types growing?
- How is the market predicted to develop in the future?

The latest industry data included in the reports:

- Demand for tyres, 2011-2022
- Production of tyres, 2011-2022
- Tyre market size by product type, 2011-2022
- Growth rates of the overall market and different product segments, 2011-2022
- Shares of different product segments of the overall market, 2011, 2017, and 2022

The market data is given for the following product segments: 

New car tyres
New lorry and bus tyres
New motorcycle tyres
New bicycle tyres
New aircraft tyres
Other new tyres
Retreaded tyres
Camelback strips for retreading tyres
Cushioned and solid tyres
Rubber inner tubes for motor vehicles
Rubber inner tubes for bicycles
Other rubber inner tubes

Among the key reasons to purchase include the following:

- Gain an outlook of the historical development, current market situation, and future outlook of the tyre market in the world to 2022
- Track industry developments and identify market opportunities
- Plan and develop marketing, market-entry, market expansion, and other business strategies by identifying the key market opportunities and prospects
- Save time and money with the readily accessible key market data included in the reports. The data is clearly presented and can be easily incorporated into presentations and internal reports.