Tires Market

The global Tires market was valued at 2267.2 Million USD in 2021 and will grow with a CAGR of 2.97% from 2021 to 2027.
The prime objective of Tires Market is to provide the insights on the post COVID-19 impact wwhich will help market players in this field evaluate their business approaches. Also, Tires Market covers market segmentation by major market verdors, types, applications/end users and geography(North America, East Asia, Europe, South Asia, Southeast Asia, Middle East, Africa, Oceania, South America).
Tire is in a variety of vehicles or machinery assembled on the ground rolling ring elastic rubber products. Usually mounted on metal rims, it can support the body, cushion the external impact, achieve contact with the road and ensure the vehicle performance. Tires are often used under complex and harsh conditions. They bear various deformation, load, force and high and low temperature when driving, so they must have higher bearing capacity, traction capacity and buffer capacity. At the same time, it also requires high wear resistance and flexural resistance, as well as low rolling resistance and thermogenesis. Half of the world`s rubber consumption in tire production, tire consumption capacity can be seen.
By Market Verdors:

• Michelin
• Bridgestone
• Goodyear
• Continental
• Sumitomo Rubber Group
• Pirelli
• Yokohama Rubber
• Hankook
• Cooper
• Kumho Tire
• Toyo Tire &Rubber
• Apollo Tyres
• MRF
• NOKIAN
• Cheng Shin Tire
• Hangzhou Zhongce Rubber
• Triangle Tire
• Linglong Tire
• Aeolus Tire
• Shanghai Huayi Group Corporation Limited (Originally Double Coin)
• Jiangsu General Science Technology Co, Ltd.
• Guizhou Tire
• Qingdao Double Star
• Xingyuan
• Sailun Jinyu Group Co, Ltd
• Giti Tire
• Shengtai Group
• Prinx Chengshan (Shandong) Tire Co, Ltd

By Types:

• Radial Tires
• Bias Tires

By Applications:

• Limousine
• Truck
• Motocycle
• Airplane

Key Indicators Analysed

• Market Players & Competitor Analysis: The report covers the key players of the industry including Company Profile, Product Specifications, Production Capacity/Sales, Revenue, Price and Gross Margin 2016-2027 & Sales with a thorough analysis of the markets competitive landscape and detailed information on vendors and comprehensive details of factors that will challenge the growth of major market vendors.
• Global and Regional Market Analysis: The report includes Global & Regional market status and outlook 2016-2027. Further the report provides break down details about each region & countries covered in the report. Identifying its sales, sales volume & revenue forecast. With detailed analysis by types and applications.
• Market Trends: Market key trends which include Increased Competition and Continuous Innovations.
• Opportunities and Drivers: Identifying the Growing Demands and New Technology
• Porters Five Force Analysis: The report provides with the state of competition in industry depending on five basic forces: threat of new entrants, bargaining power of suppliers, bargaining power of buyers, threat of substitute products or services, and existing industry rivalry.

Key Reasons to Purchase

• To gain insightful analyses of the market and have comprehensive understanding of the global market and its commercial landscape.
• Assess the production processes, major issues, and solutions to mitigate the development risk.
• To understand the most affecting driving and restraining forces in the market and its impact in the global market.
• Learn about the market strategies that are being adopted by leading respective organizations.
• To understand the future outlook and prospects for the market.
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