Automotive Tire Market to Reach $306 Million by 2022: Analysis By Vehicle Type (Passenger Car, Light Commercial Vehicle, Heavy Commercial Vehicle, and Two Wheeler) & Type (Radial Tire, and Bias Tire) - Research and Markets

DUBLIN--()--The "Automotive Tire Market, 2014-2022" report has been added to Research and Markets' offering.

The global automotive tire market is projected to reach $306,098 million by 2022, growing at a CAGR of 7.6% during the forecast period. Automotive tire is circular shaped automobile component used to cover wheel's rim externally to protect the wheel rim and enhance the vehicle performance. It also offers tractive force between the road surface and vehicle.

The market segmentation is based on type, vehicle type, and geography. By type, the market is classified into radial tire and bias tire. On the basis of vehicle type, it is categorized into passenger cars, light commercial vehicles, heavy commercial vehicles, and two wheeler. Geographically, it is analyzed across North America (U.S., Canada, and Mexico), Europe (Germany, France, Italy, UK, and rest of Europe), Asia-Pacific (China, Australia, Japan, India, and rest of Asia-Pacific), and LAMEA (Latin America, Middle East, and Africa).

On the basis of application, world automotive tire market is segmented into four major types, namely, passenger car tire, light commercial vehicle (LCV) tire, high commercial vehicle (HCV) tire, and two wheeler tire. Passenger car tire is the fastest growing segment due to the rise in the demand of passenger cars.

Intense competition between global tire manufacturers to produce sustainable, highly durable, and affordable tires is anticipated to propel the growth of the tire market. In addition, adoption of advanced technology in the manufacturing process of tires is anticipated to drive the market growth.

Key Topics Covered:

Chapter: 1 Introduction

Chapter: 2 Executive Summary

Chapter: 3 Market Overview

Chapter: 4 World Automotive Tire Market, By Vehicle Type

Chapter: 5 World Automotive Tire Market, By Type

Chapter: 6 World Automotive Tire Market, By Geography

Chapter: 7 Related Industry Insights

Chapter: 8 Related Industry Insights

Chapter: 9 Company Profiles

For more information about this report visit https://www.researchandmarkets.com/research/vd7fw3/automotive_tire

Contacts

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Related Topics: Automotive Tires

Contacts

Research and Markets
Laura Wood, Senior Manager
press@researchandmarkets.com
For E.S.T Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
U.S. Fax: 646-607-1907
Fax (outside U.S.): +353-1-481-1716
Related Topics: Automotive Tires