PUBLISHER: TechNavio | PRODUCT CODE: 2056157
PUBLISHER: TechNavio | PRODUCT CODE: 2056157
The global automotive tire market is forecasted to grow by USD 64749.5 mn during 2025-2030, accelerating at a CAGR of 7.4% during the forecast period. The report on the global automotive tire market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by rise in sales of passenger vehicles globally, increasing adoption of e-commerce platforms by tire manufacturers, declining prices of natural rubber.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market size data, segment with regional analysis and vendor landscape in addition to an analysis of the key companies. Reports have historic and forecast data.
| Market Scope | |
|---|---|
| Base Year | 2025 |
| End Year | 2030 |
| Series Year | 2026-2030 |
| Growth Momentum | Accelerate |
| YOY 2026 | 7.1% |
| CAGR | 7.4% |
| Incremental Value | $64749.5 mn |
Technavio's global automotive tire market is segmented as below:
By Distribution Channel
By Vehicle Type
By Type
Geography
This study identifies the development of airless tires is augmenting market growth as one of the prime reasons driving the global automotive tire market growth during the next few years. Also, increasing adoption of sustainable tires and introduction of connected tires is accelerating market expedition will lead to sizable demand in the market.
The report on the global automotive tire market covers the following areas:
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading global automotive tire market vendors that include Apollo Tyres Ltd., Bridgestone Corp., CEAT Ltd., Continental AG, Giti Tire Pte. Ltd., Goodyear Tire and Rubber Co., Hankook Tire and Technology Co., JK Tyre and Industries Ltd., Kumho Tire Co. Inc., Michelin, MRF Ltd., Nokian Tyres Plc, Pirelli and C. S.p.A., Sumitomo Rubber Industries Ltd., Toyo Tire Corp., Triangle Tyre Co. Ltd., Yokohama Rubber Co. Ltd., Zhongce Rubber Group Co. Ltd.. Also, the global automotive tire market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive primary and secondary research. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.