Global Pneumatic Tire Market Report 2024

Pneumatic Tire Global Market Report 2024 – By Product Type (Radial Tires, Cross-Ply Tires), By Vehicle Type (Two Wheelers, Four Wheelers, Passenger Cars, Aircraft, Other Vehicle Types), By Sales Channel (Original Equipment Manufacturer (OEM), Aftermarket) – Market Size, Trends, And Global Forecast 2024-2033

Pneumatic Tire Global Market Report 2024

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Pneumatic Tire Market Definition

Pneumatic tires are rubber tires filled with air under pressure, commonly used in various vehicles such as forklifts, tractors, and cars. They have strong rubber treads and excellent shock absorption, which help stabilize the vehicle and reduce bumps and jolts.

The main types of pneumatic tires are radial tires and cross-ply tires. Radial tires refer to a type of tire design where the cords are arranged at 90 degrees to the direction of travel, or radially from the center of the tire, and provide greater durability and performance. They are used in several vehicles, such as two-wheelers, four-wheelers, passenger cars, aircraft, and others. The various sales channels include original equipment manufacturer (OEM) and aftermarket.

Pneumatic Tire Market Segmentation

The pneumatic tire market covered in this report is segmented –

1) By Product Type: Radial Tires, Cross-Ply Tires

2) By Vehicle Type: Two Wheelers, Four Wheelers, Passenger Cars, Aircraft, Other Vehicle Types

3) By Sales Channel: Original Equipment Manufacturer (OEM), Aftermarket

Global Pneumatic Tire Market Size 2023 to 2028: Graph

Pneumatic Tire Market Size 2024 And Growth Rate

The pneumatic tire market size has grown rapidly in recent years. It will grow from $355.16 billion in 2023 to $392.55 billion in 2024 at a compound annual growth rate (CAGR) of 10.5%. The growth in the historic period can be attributed to growth of the automotive industry, economic conditions, environmental regulations, rising vehicle fleet, consumer preferences.

Pneumatic Tire Market Growth Forecast

The pneumatic tire market size is expected to see strong growth in the next few years. It will grow to $554.95 billion in 2028 at a compound annual growth rate (CAGR) of 9%. The growth in the forecast period can be attributed to globalization of trade, raw material prices, government initiatives, infrastructure development, competition among tire manufacturers. Major trends in the forecast period include technological innovations, smart tires and sensor integration, innovations in tire materials, advancements in tire design and technology, tire connectivity and vehicle-to-tire communication.

Pneumatic Tire Market Driver: Increase In Automobile Production Propels Growth In The Pneumatic Tire Market

Increasing automobile production is expected to propel the growth of the pneumatic tire market going forward. Automobile production refers to the process of assembling components to build automobiles, trucks, and other motor vehicles. Pneumatic tires are used in modern transportation systems as they allow vehicles to travel over various surfaces, including asphalt, concrete, gravel, dirt, and sand. For instance, in May 2023, according to the European Automobile Manufacturers' Association (ACEA), a Belgium-based automobile industry, 85.4 million motor vehicles were produced globally in 2022, representing a 5.7% increase from 2021. Therefore, increasing automobile production is driving the growth of the pneumatic tire market.

Global Pneumatic Tire Market Major Players

Major companies operating in the pneumatic tire market are Sumitomo Rubber Industries Ltd. (SRI), Continental AG, Bridgestone Corporation, Michelin, The Goodyear Tire & Rubber Company, Hankook tire Co. Ltd, Pirelli & C.S., The Yokohama rubber co. Ltd, Trelleborg AB, CST Tires, Apollo tires, Cooper tire & rubber company, MRF Tyres, Camso Solideal, JK tire & Industries Ltd, Nexen Tire Corporation, Nokian Tyres plc, Balkrishna Industries Limited (BKT), Aichi, TVS Rubber, Kumho tire Co, Purcell Tire & Rubber Co, Maxam Tire, Mitas Moto, Millennium Tire, Chaoyang Tires LLC, CM Rubber Technologies, TOKAI Solid Tire

Global Pneumatic Tire Market Trend: Increasing Focus On Introducing Innovative Pneumatic Single-Axle Drive Tires For Heavy-Duty Applications

Major companies operating in the pneumatic tire market are focused on introducing innovative solutions, such as pneumatic single-axle drive tires, to drive their revenues in the market. Pneumatic single-axle drive tires refer to a type of air-filled tire designed to be used in commercial trucks and other heavy-duty vehicles for long-haul trucking and other heavy-duty applications. For instance, in March 2023, The Goodyear Tire & Rubber Company, a US-based tire manufacturing company, launched the Fuel Max 1AD, a type of pneumatic tire specifically designed as a premium single-axle drive tire for use in super-regional trucking jobs. The tire is built with an innovative tread shape and combines features and compounds meant to deliver extended miles to removal. The new Fuel Max 1AD tire has additional features and advantages such as a high-density waffle blade, a hybrid Lug-to-Rib tread pattern, and an innovative new tread composition.

Pneumatic Tire Market Merger And Acquisition: Yokohama Rubber Completes Acquisition Of Trelleborg Wheel Systems Holding AB

In May 2023, Yokohama Rubber Co. Ltd., a Japan-based tire company, completed the acquisition of Trelleborg Wheel Systems Holding AB for an undisclosed amount. This strategic acquisition aligns with Yokohama Rubber's initiatives to enhance its Off-Highway Tires (OHT) business, a key component of the company's future growth strategy in the commercial tire sector. Trelleborg Wheel Systems Holding AB is a Sweden-based manufacturer of pneumatic tires for agricultural and industrial machinery.

Regional Insights For The Global Pneumatic Tire Market

Asia-Pacific was the largest region in the pneumatic tire market in 2023. North America is expected to be the fastest-growing region in the forecast period. The regions covered in the pneumatic tire market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

The countries covered in the pneumatic tire market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

The pneumatic tire market also includes sales of standard touring tires, performance tires, racing tires, lawn tires, and garden tires. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

The pneumatic tire research report is one of a series of new reports from The Business Research Company that provides pneumatic tire market statistics, including the pneumatic tire industry's global market size, regional shares, competitors with an Pneumatic tire market share, detailed pneumatic tire market segments, market trends and opportunities, and any further data you may need to thrive in the pneumatic tire industry. This pneumatic tire market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.

Pneumatic Tire Market Report Forecast and Analysis
Report AttributeDetails
Market Size Value In 2024 $392.55 billion
Revenue Forecast In 2033 $554.95 billion
Growth Rate CAGR of 9% from 2024 to 2033
Base Year For Estimation 2023
Actual Estimates/Historical Data 2018-2023
Forecast Period 2024 - 2028 - 2033
Market Representation Revenue in USD Billion and CAGR from 2024 to 2033
Segments Covered 1) By Product Type: Radial Tires, Cross-Ply Tires
2) By Vehicle Type: Two Wheelers, Four Wheelers, Passenger Cars, Aircraft, Other Vehicle Types
3) By Sales Channel: Original Equipment Manufacturer (OEM), Aftermarket
Regional Scope Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
Country Scope The countries covered in the report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
Additional countries that can be covered in the report for an additional fee: Bangladesh, Thailand, Vietnam, Malaysia, Singapore, Philippines, Hong Kong, New Zealand, Mexico, Chile, Argentina, Colombia, Peru, Austria, Belgium, Denmark, Finland, Ireland, Netherlands, Norway, Portugal, Sweden, Switzerland, Czech Republic, Poland, Romania, Ukraine, Saudi Arabia, Israel, Iran, Turkey, UAE, Egypt, Nigeria, South Africa.
Key Companies Profiled Sumitomo Rubber Industries Ltd. (SRI); Continental AG; Bridgestone Corporation; Michelin; The Goodyear Tire & Rubber Company; Hankook tire Co. Ltd; Pirelli & C.S.; The Yokohama rubber co. Ltd; Trelleborg AB; CST Tires; Apollo tires; Cooper tire & rubber company; MRF Tyres; Camso Solideal; JK tire & Industries Ltd; Nexen Tire Corporation; Nokian Tyres plc; Balkrishna Industries Limited (BKT); Aichi; TVS Rubber; Kumho tire Co; Purcell Tire & Rubber Co; Maxam Tire; Mitas Moto; Millennium Tire; Chaoyang Tires LLC; CM Rubber Technologies; TOKAI Solid Tire
Customization ScopeRequest for Sample
Pricing And Purchase OptionsExplore Purchase Options

    Table Of Contents

    1. Executive Summary

    2. Pneumatic Tire Market Characteristics

    3. Pneumatic Tire Market Trends And Strategies

    4. Pneumatic Tire Market - Macro Economic Scenario

    4.1. Impact Of High Inflation On The Market

    4.2. Ukraine-Russia War Impact On The Market

    4.3. COVID-19 Impact On The Market

    5. Global Pneumatic Tire Market Size and Growth

    5.1. Global Pneumatic Tire Market Drivers and Restraints

    5.1.1. Drivers Of The Market

    5.1.2. Restraints Of The Market

    5.2. Global Pneumatic Tire Historic Market Size and Growth, 2018 - 2023, Value ($ Billion)

    5.3. Global Pneumatic Tire Forecast Market Size and Growth, 2023 - 2028, 2033F, Value ($ Billion)

    6. Pneumatic Tire Market Segmentation

    6.1. Global Pneumatic Tire Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    Radial Tires

    Cross-Ply Tires

    6.2. Global Pneumatic Tire Market, Segmentation By Vehicle Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    Two Wheelers

    Four Wheelers

    Passenger Cars

    Aircraft

    Other Vehicle Types

    6.3. Global Pneumatic Tire Market, Segmentation By Sales Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    Original Equipment Manufacturer (OEM)

    Aftermarket

    7. Pneumatic Tire Market Regional And Country Analysis

    7.1. Global Pneumatic Tire Market, Split By Region, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    7.2. Global Pneumatic Tire Market, Split By Country, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    8. Asia-Pacific Pneumatic Tire Market

    8.1. Asia-Pacific Pneumatic Tire Market Overview

    Region Information, Impact Of COVID-19, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies

    8.2. Asia-Pacific Pneumatic Tire Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    8.3. Asia-Pacific Pneumatic Tire Market, Segmentation By Vehicle Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    8.4. Asia-Pacific Pneumatic Tire Market, Segmentation By Sales Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    9. China Pneumatic Tire Market

    9.1. China Pneumatic Tire Market Overview

    9.2. China Pneumatic Tire Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion

    9.3. China Pneumatic Tire Market, Segmentation By Vehicle Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion

    9.4. China Pneumatic Tire Market, Segmentation By Sales Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion

    10. India Pneumatic Tire Market

    10.1. India Pneumatic Tire Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    10.2. India Pneumatic Tire Market, Segmentation By Vehicle Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    10.3. India Pneumatic Tire Market, Segmentation By Sales Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    11. Japan Pneumatic Tire Market

    11.1. Japan Pneumatic Tire Market Overview

    11.2. Japan Pneumatic Tire Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    11.3. Japan Pneumatic Tire Market, Segmentation By Vehicle Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    11.4. Japan Pneumatic Tire Market, Segmentation By Sales Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    12. Australia Pneumatic Tire Market

    12.1. Australia Pneumatic Tire Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    12.2. Australia Pneumatic Tire Market, Segmentation By Vehicle Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    12.3. Australia Pneumatic Tire Market, Segmentation By Sales Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    13. Indonesia Pneumatic Tire Market

    13.1. Indonesia Pneumatic Tire Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    13.2. Indonesia Pneumatic Tire Market, Segmentation By Vehicle Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    13.3. Indonesia Pneumatic Tire Market, Segmentation By Sales Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    14. South Korea Pneumatic Tire Market

    14.1. South Korea Pneumatic Tire Market Overview

    14.2. South Korea Pneumatic Tire Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    14.3. South Korea Pneumatic Tire Market, Segmentation By Vehicle Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    14.4. South Korea Pneumatic Tire Market, Segmentation By Sales Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    15. Western Europe Pneumatic Tire Market

    15.1. Western Europe Pneumatic Tire Market Overview

    15.2. Western Europe Pneumatic Tire Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    15.3. Western Europe Pneumatic Tire Market, Segmentation By Vehicle Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    15.4. Western Europe Pneumatic Tire Market, Segmentation By Sales Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    16. UK Pneumatic Tire Market

    16.1. UK Pneumatic Tire Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    16.2. UK Pneumatic Tire Market, Segmentation By Vehicle Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    16.3. UK Pneumatic Tire Market, Segmentation By Sales Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    17. Germany Pneumatic Tire Market

    17.1. Germany Pneumatic Tire Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    17.2. Germany Pneumatic Tire Market, Segmentation By Vehicle Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    17.3. Germany Pneumatic Tire Market, Segmentation By Sales Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    18. France Pneumatic Tire Market

    18.1. France Pneumatic Tire Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    18.2. France Pneumatic Tire Market, Segmentation By Vehicle Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    18.3. France Pneumatic Tire Market, Segmentation By Sales Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    19. Italy Pneumatic Tire Market

    19.1. Italy Pneumatic Tire Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    19.2. Italy Pneumatic Tire Market, Segmentation By Vehicle Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    19.3. Italy Pneumatic Tire Market, Segmentation By Sales Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    20. Spain Pneumatic Tire Market

    20.1. Spain Pneumatic Tire Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    20.2. Spain Pneumatic Tire Market, Segmentation By Vehicle Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    20.3. Spain Pneumatic Tire Market, Segmentation By Sales Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    21. Eastern Europe Pneumatic Tire Market

    21.1. Eastern Europe Pneumatic Tire Market Overview

    21.2. Eastern Europe Pneumatic Tire Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    21.3. Eastern Europe Pneumatic Tire Market, Segmentation By Vehicle Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    21.4. Eastern Europe Pneumatic Tire Market, Segmentation By Sales Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    22. Russia Pneumatic Tire Market

    22.1. Russia Pneumatic Tire Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    22.2. Russia Pneumatic Tire Market, Segmentation By Vehicle Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    22.3. Russia Pneumatic Tire Market, Segmentation By Sales Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    23. North America Pneumatic Tire Market

    23.1. North America Pneumatic Tire Market Overview

    23.2. North America Pneumatic Tire Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    23.3. North America Pneumatic Tire Market, Segmentation By Vehicle Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    23.4. North America Pneumatic Tire Market, Segmentation By Sales Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    24. USA Pneumatic Tire Market

    24.1. USA Pneumatic Tire Market Overview

    24.2. USA Pneumatic Tire Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    24.3. USA Pneumatic Tire Market, Segmentation By Vehicle Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    24.4. USA Pneumatic Tire Market, Segmentation By Sales Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    25. Canada Pneumatic Tire Market

    25.1. Canada Pneumatic Tire Market Overview

    25.2. Canada Pneumatic Tire Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    25.3. Canada Pneumatic Tire Market, Segmentation By Vehicle Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    25.4. Canada Pneumatic Tire Market, Segmentation By Sales Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    26. South America Pneumatic Tire Market

    26.1. South America Pneumatic Tire Market Overview

    26.2. South America Pneumatic Tire Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    26.3. South America Pneumatic Tire Market, Segmentation By Vehicle Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    26.4. South America Pneumatic Tire Market, Segmentation By Sales Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    27. Brazil Pneumatic Tire Market

    27.1. Brazil Pneumatic Tire Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    27.2. Brazil Pneumatic Tire Market, Segmentation By Vehicle Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    27.3. Brazil Pneumatic Tire Market, Segmentation By Sales Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    28. Middle East Pneumatic Tire Market

    28.1. Middle East Pneumatic Tire Market Overview

    28.2. Middle East Pneumatic Tire Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    28.3. Middle East Pneumatic Tire Market, Segmentation By Vehicle Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    28.4. Middle East Pneumatic Tire Market, Segmentation By Sales Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    29. Africa Pneumatic Tire Market

    29.1. Africa Pneumatic Tire Market Overview

    29.2. Africa Pneumatic Tire Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    29.3. Africa Pneumatic Tire Market, Segmentation By Vehicle Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    29.4. Africa Pneumatic Tire Market, Segmentation By Sales Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    30. Pneumatic Tire Market Competitive Landscape And Company Profiles

    30.1. Pneumatic Tire Market Competitive Landscape

    30.2. Pneumatic Tire Market Company Profiles

    30.2.1. Sumitomo Rubber Industries Ltd. (SRI)

    30.2.1.1. Overview

    30.2.1.2. Products and Services

    30.2.1.3. Strategy

    30.2.1.4. Financial Performance

    30.2.2. Continental AG

    30.2.2.1. Overview

    30.2.2.2. Products and Services

    30.2.2.3. Strategy

    30.2.2.4. Financial Performance

    30.2.3. Bridgestone Corporation

    30.2.3.1. Overview

    30.2.3.2. Products and Services

    30.2.3.3. Strategy

    30.2.3.4. Financial Performance

    30.2.4. Michelin

    30.2.4.1. Overview

    30.2.4.2. Products and Services

    30.2.4.3. Strategy

    30.2.4.4. Financial Performance

    30.2.5. The Goodyear Tire & Rubber Company

    30.2.5.1. Overview

    30.2.5.2. Products and Services

    30.2.5.3. Strategy

    30.2.5.4. Financial Performance

    31. Pneumatic Tire Market Other Major And Innovative Companies

    31.1. Hankook tire Co. Ltd

    31.2. Pirelli & C.S.

    31.3. The Yokohama rubber co. Ltd

    31.4. Trelleborg AB

    31.5. CST Tires

    31.6. Apollo tires

    31.7. Cooper tire & rubber company

    31.8. MRF Tyres

    31.9. Camso Solideal

    31.10. JK tire & Industries Ltd

    31.11. Nexen Tire Corporation

    31.12. Nokian Tyres plc

    31.13. Balkrishna Industries Limited (BKT)

    31.14. Aichi

    31.15. TVS Rubber

    32. Global Pneumatic Tire Market Competitive Benchmarking

    33. Global Pneumatic Tire Market Competitive Dashboard

    34. Key Mergers And Acquisitions In The Pneumatic Tire Market

    35. Pneumatic Tire Market Future Outlook and Potential Analysis

    35.1 Pneumatic Tire Market In 2028 - Countries Offering Most New Opportunities

    35.2 Pneumatic Tire Market In 2028 - Segments Offering Most New Opportunities

    35.3 Pneumatic Tire Market In 2028 - Growth Strategies

    35.3.1 Market Trend Based Strategies

    35.3.2 Competitor Strategies

    36. Appendix

    36.1. Abbreviations

    36.2. Currencies

    36.3. Historic And Forecast Inflation Rates

    36.4. Research Inquiries

    36.5. The Business Research Company

    36.6. Copyright And Disclaimer

List Of Tables

    Table 1: Global Historic Market Growth, 2018-2023, $ Billion
  • Table 2: Global Forecast Market Growth, 2023-2028F, 2033F, $ Billion
  • Table 3: Global Pneumatic Tire Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 4: Global Pneumatic Tire Market, Segmentation By Vehicle Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 5: Global Pneumatic Tire Market, Segmentation By Sales Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 6: Global Pneumatic Tire Market, Split By Region, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 7: Global Pneumatic Tire Market, Split By Country, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 8: Asia-Pacific, Pneumatic Tire Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 9: Asia-Pacific, Pneumatic Tire Market, Segmentation By Vehicle Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 10: Asia-Pacific, Pneumatic Tire Market, Segmentation By Sales Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 11: China, Pneumatic Tire Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 12: China, Pneumatic Tire Market, Segmentation By Vehicle Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 13: China, Pneumatic Tire Market, Segmentation By Sales Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 14: India, Pneumatic Tire Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 15: India, Pneumatic Tire Market, Segmentation By Vehicle Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 16: India, Pneumatic Tire Market, Segmentation By Sales Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 17: Japan, Pneumatic Tire Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 18: Japan, Pneumatic Tire Market, Segmentation By Vehicle Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 19: Japan, Pneumatic Tire Market, Segmentation By Sales Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 20: Australia, Pneumatic Tire Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 21: Australia, Pneumatic Tire Market, Segmentation By Vehicle Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 22: Australia, Pneumatic Tire Market, Segmentation By Sales Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 23: Indonesia, Pneumatic Tire Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 24: Indonesia, Pneumatic Tire Market, Segmentation By Vehicle Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 25: Indonesia, Pneumatic Tire Market, Segmentation By Sales Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 26: South Korea, Pneumatic Tire Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 27: South Korea, Pneumatic Tire Market, Segmentation By Vehicle Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 28: South Korea, Pneumatic Tire Market, Segmentation By Sales Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 29: Western Europe, Pneumatic Tire Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 30: Western Europe, Pneumatic Tire Market, Segmentation By Vehicle Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 31: Western Europe, Pneumatic Tire Market, Segmentation By Sales Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 32: UK, Pneumatic Tire Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 33: UK, Pneumatic Tire Market, Segmentation By Vehicle Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 34: UK, Pneumatic Tire Market, Segmentation By Sales Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 35: Germany, Pneumatic Tire Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 36: Germany, Pneumatic Tire Market, Segmentation By Vehicle Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 37: Germany, Pneumatic Tire Market, Segmentation By Sales Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 38: France, Pneumatic Tire Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 39: France, Pneumatic Tire Market, Segmentation By Vehicle Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 40: France, Pneumatic Tire Market, Segmentation By Sales Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 41: Italy, Pneumatic Tire Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 42: Italy, Pneumatic Tire Market, Segmentation By Vehicle Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 43: Italy, Pneumatic Tire Market, Segmentation By Sales Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 44: Spain, Pneumatic Tire Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 45: Spain, Pneumatic Tire Market, Segmentation By Vehicle Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 46: Spain, Pneumatic Tire Market, Segmentation By Sales Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 47: Eastern Europe, Pneumatic Tire Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 48: Eastern Europe, Pneumatic Tire Market, Segmentation By Vehicle Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 49: Eastern Europe, Pneumatic Tire Market, Segmentation By Sales Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 50: Russia, Pneumatic Tire Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 51: Russia, Pneumatic Tire Market, Segmentation By Vehicle Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 52: Russia, Pneumatic Tire Market, Segmentation By Sales Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 53: North America, Pneumatic Tire Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 54: North America, Pneumatic Tire Market, Segmentation By Vehicle Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 55: North America, Pneumatic Tire Market, Segmentation By Sales Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 56: USA, Pneumatic Tire Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 57: USA, Pneumatic Tire Market, Segmentation By Vehicle Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 58: USA, Pneumatic Tire Market, Segmentation By Sales Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 59: Canada, Pneumatic Tire Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 60: Canada, Pneumatic Tire Market, Segmentation By Vehicle Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 61: Canada, Pneumatic Tire Market, Segmentation By Sales Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 62: South America, Pneumatic Tire Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 63: South America, Pneumatic Tire Market, Segmentation By Vehicle Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 64: South America, Pneumatic Tire Market, Segmentation By Sales Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 65: Brazil, Pneumatic Tire Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 66: Brazil, Pneumatic Tire Market, Segmentation By Vehicle Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 67: Brazil, Pneumatic Tire Market, Segmentation By Sales Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 68: Middle East, Pneumatic Tire Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 69: Middle East, Pneumatic Tire Market, Segmentation By Vehicle Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 70: Middle East, Pneumatic Tire Market, Segmentation By Sales Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 71: Africa, Pneumatic Tire Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 72: Africa, Pneumatic Tire Market, Segmentation By Vehicle Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 73: Africa, Pneumatic Tire Market, Segmentation By Sales Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 74: Sumitomo Rubber Industries Ltd. (SRI) Financial Performance
  • Table 75: Continental AG Financial Performance
  • Table 76: Bridgestone Corporation Financial Performance
  • Table 77: Michelin Financial Performance
  • Table 78: The Goodyear Tire & Rubber Company Financial Performance

List Of Figures

    Figure 1: Global Historic Market Growth, 2018-2023, $ Billion
  • Figure 2: Global Forecast Market Growth, 2023-2028F, 2033F, $ Billion
  • Figure 3: Global Pneumatic Tire Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 4: Global Pneumatic Tire Market, Segmentation By Vehicle Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 5: Global Pneumatic Tire Market, Segmentation By Sales Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 6: Global Pneumatic Tire Market, Split By Region, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 7: Global Pneumatic Tire Market, Split By Country, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 8: Asia-Pacific, Pneumatic Tire Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 9: Asia-Pacific, Pneumatic Tire Market, Segmentation By Vehicle Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 10: Asia-Pacific, Pneumatic Tire Market, Segmentation By Sales Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 11: China, Pneumatic Tire Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 12: China, Pneumatic Tire Market, Segmentation By Vehicle Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 13: China, Pneumatic Tire Market, Segmentation By Sales Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 14: India, Pneumatic Tire Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 15: India, Pneumatic Tire Market, Segmentation By Vehicle Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 16: India, Pneumatic Tire Market, Segmentation By Sales Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 17: Japan, Pneumatic Tire Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 18: Japan, Pneumatic Tire Market, Segmentation By Vehicle Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 19: Japan, Pneumatic Tire Market, Segmentation By Sales Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 20: Australia, Pneumatic Tire Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 21: Australia, Pneumatic Tire Market, Segmentation By Vehicle Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 22: Australia, Pneumatic Tire Market, Segmentation By Sales Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 23: Indonesia, Pneumatic Tire Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 24: Indonesia, Pneumatic Tire Market, Segmentation By Vehicle Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 25: Indonesia, Pneumatic Tire Market, Segmentation By Sales Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 26: South Korea, Pneumatic Tire Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 27: South Korea, Pneumatic Tire Market, Segmentation By Vehicle Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 28: South Korea, Pneumatic Tire Market, Segmentation By Sales Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 29: Western Europe, Pneumatic Tire Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 30: Western Europe, Pneumatic Tire Market, Segmentation By Vehicle Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 31: Western Europe, Pneumatic Tire Market, Segmentation By Sales Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 32: UK, Pneumatic Tire Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 33: UK, Pneumatic Tire Market, Segmentation By Vehicle Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 34: UK, Pneumatic Tire Market, Segmentation By Sales Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 35: Germany, Pneumatic Tire Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 36: Germany, Pneumatic Tire Market, Segmentation By Vehicle Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 37: Germany, Pneumatic Tire Market, Segmentation By Sales Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 38: France, Pneumatic Tire Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 39: France, Pneumatic Tire Market, Segmentation By Vehicle Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 40: France, Pneumatic Tire Market, Segmentation By Sales Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 41: Italy, Pneumatic Tire Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 42: Italy, Pneumatic Tire Market, Segmentation By Vehicle Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 43: Italy, Pneumatic Tire Market, Segmentation By Sales Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 44: Spain, Pneumatic Tire Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 45: Spain, Pneumatic Tire Market, Segmentation By Vehicle Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 46: Spain, Pneumatic Tire Market, Segmentation By Sales Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 47: Eastern Europe, Pneumatic Tire Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 48: Eastern Europe, Pneumatic Tire Market, Segmentation By Vehicle Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 49: Eastern Europe, Pneumatic Tire Market, Segmentation By Sales Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 50: Russia, Pneumatic Tire Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 51: Russia, Pneumatic Tire Market, Segmentation By Vehicle Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 52: Russia, Pneumatic Tire Market, Segmentation By Sales Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 53: North America, Pneumatic Tire Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 54: North America, Pneumatic Tire Market, Segmentation By Vehicle Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 55: North America, Pneumatic Tire Market, Segmentation By Sales Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 56: USA, Pneumatic Tire Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 57: USA, Pneumatic Tire Market, Segmentation By Vehicle Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 58: USA, Pneumatic Tire Market, Segmentation By Sales Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 59: Canada, Pneumatic Tire Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 60: Canada, Pneumatic Tire Market, Segmentation By Vehicle Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 61: Canada, Pneumatic Tire Market, Segmentation By Sales Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 62: South America, Pneumatic Tire Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 63: South America, Pneumatic Tire Market, Segmentation By Vehicle Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 64: South America, Pneumatic Tire Market, Segmentation By Sales Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 65: Brazil, Pneumatic Tire Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 66: Brazil, Pneumatic Tire Market, Segmentation By Vehicle Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 67: Brazil, Pneumatic Tire Market, Segmentation By Sales Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 68: Middle East, Pneumatic Tire Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 69: Middle East, Pneumatic Tire Market, Segmentation By Vehicle Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 70: Middle East, Pneumatic Tire Market, Segmentation By Sales Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 71: Africa, Pneumatic Tire Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 72: Africa, Pneumatic Tire Market, Segmentation By Vehicle Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 73: Africa, Pneumatic Tire Market, Segmentation By Sales Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 74: Sumitomo Rubber Industries Ltd. (SRI) Financial Performance
  • Figure 75: Continental AG Financial Performance
  • Figure 76: Bridgestone Corporation Financial Performance
  • Figure 77: Michelin Financial Performance
  • Figure 78: The Goodyear Tire & Rubber Company Financial Performance
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Frequently Asked Questions

What is the definition of the pneumatic tire market?

Pneumatic tires are rubber tires filled with air under pressure, commonly used in various vehicles such as forklifts, tractors, and cars. They have strong rubber treads and excellent shock absorption, which help stabilize the vehicle and reduce bumps and jolts. For further insights on the pneumatic tire market, request a sample here

How will the pneumatic tire market drivers and restraints affect the pneumatic tire market dynamics? What forces will shape the pneumatic tire industry going forward?

The pneumatic tire market major growth driver - Increase In Automobile Production Propels Growth In The Pneumatic Tire Market. For further insights on the pneumatic tire market, request a sample here

What is the forecast market size or the forecast market value of the pneumatic tire market?

The pneumatic tire market size has grown rapidly in recent years. It will grow from $355.16 billion in 2023 to $392.55 billion in 2024 at a compound annual growth rate (CAGR) of 10.5%. The growth in the historic period can be attributed to growth of the automotive industry, economic conditions, environmental regulations, rising vehicle fleet, consumer preferences. The pneumatic tire market size is expected to see strong growth in the next few years. It will grow to $554.95 billion in 2028 at a compound annual growth rate (CAGR) of 9%. The growth in the forecast period can be attributed to globalization of trade, raw material prices, government initiatives, infrastructure development, competition among tire manufacturers. Major trends in the forecast period include technological innovations, smart tires and sensor integration, innovations in tire materials, advancements in tire design and technology, tire connectivity and vehicle-to-tire communication. For further insights on the pneumatic tire market, request a sample here

How is the pneumatic tire market segmented?

The pneumatic tire market is segmented
1) By Product Type: Radial Tires, Cross-Ply Tires
2) By Vehicle Type: Two Wheelers, Four Wheelers, Passenger Cars, Aircraft, Other Vehicle Types
3) By Sales Channel: Original Equipment Manufacturer (OEM), AftermarketFor further insights on the pneumatic tire market,
request a sample here

Which region has the largest share of the pneumatic tire market? What are the other regions covered in the report?

Asia-Pacific was the largest region in the pneumatic tire market in 2023. North America is expected to be the fastest-growing region in the forecast period. The regions covered in the pneumatic tire market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. For further insights on the pneumatic tire market, request a sample here.

Who are the major players in the pneumatic tire market?

Major companies operating in the pneumatic tire market are Sumitomo Rubber Industries Ltd. (SRI), Continental AG, Bridgestone Corporation, Michelin, The Goodyear Tire & Rubber Company, Hankook tire Co. Ltd, Pirelli & C.S., The Yokohama rubber co. Ltd, Trelleborg AB, CST Tires, Apollo tires, Cooper tire & rubber company, MRF Tyres, Camso Solideal, JK tire & Industries Ltd, Nexen Tire Corporation, Nokian Tyres plc, Balkrishna Industries Limited (BKT), Aichi, TVS Rubber, Kumho tire Co, Purcell Tire & Rubber Co, Maxam Tire, Mitas Moto, Millennium Tire, Chaoyang Tires LLC, CM Rubber Technologies, TOKAI Solid Tire For further insights on the pneumatic tire market, request a sample here.

What are the key trends in the pneumatic tire market?

Major trend in the pneumatic tire market - Increasing Focus On Introducing Innovative Pneumatic Single-Axle Drive Tires For Heavy-Duty Applications. For further insights on the pneumatic tire market, request a sample here.

What are the major opportunities in the pneumatic tire market? What are the strategies for the pneumatic tire market?

For detailed insights on the major opportunities and strategies in the pneumatic tire market, request a sample here.

How does the pneumatic tire market relate to the overall economy and other similar markets?

For detailed insights on pneumatic tire market's relation to the overall economy and other similar markets, request a sample here.

What are the latest mergers and acquisitions in the pneumatic tire industry?

For detailed insights on the mergers and acquisitions in the pneumatic tire industry, request a sample here.

What are the key dynamics influencing the pneumatic tire market growth? SWOT analysis of the pneumatic tire market.

For detailed insights on the key dynamics influencing the pneumatic tire market growth and SWOT analysis of the pneumatic tire industry, request a sample here.