Global Auto Tyre Market Report, History and Forecast 2016-2027, Breakdown Data by Manufacturers, Key Regions, Types and Application

Automotive Tyre is is a ring-shaped component that surrounds a wheel's rim to transfer a vehicle's load from the axle through the wheel to the ground and to provide traction on the surface traveled over. Most tyres are pneumatically inflated structures, which also provide a flexible cushion that absorbs shock as the tyres rolls over rough features on the surface. Tires provide a footprint that is designed to match the weight of the vehicle with the bearing strength of the surface that it rolls over by providing a bearing pressure that will not deform the surface excessively.
Global Auto Tyre key players include Bridgestone, GoodYear, Michelin, Continental, Sumitomo, etc. Global top five manufacturers hold a share over 55%.
APAC is the largest market, with a share over 35%, followed by Europe and America, both have a share over 55%.
In terms of product, Replacement Tires is the largest segment, with a share over 75%. And in terms of application, the largest application is Passenger Vehicle, followed by Commercial Vehicle, etc.

Market Analysis and Insights: Global Auto Tyre Market
In 2020, the global Auto Tyre market size was US$ 132370 million and it is expected to reach US$ 182170 million by the end of 2027, with a CAGR of 4.7% between 2021 and 2027
Global Auto Tyre Scope and Market Size
The global Auto Tyre market is segmented by region (country), company, by Type, and by Application. Players, stakeholders, and other participants in the global Auto Tyre market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on sales, revenue and forecast by region (country), by Type, and by Application for the period 2016-2027.

Segment by Type
OE Tyres
Replacement Tyres

Segment by Application
Passenger Vehicle
Commercial Vehicle

By Company
Bridgestone
GoodYear
Continental
Michelin
Sumitomo
Hankook
Pirelli
Yokohama
Zhongce Rubber
Toyo Tire Corporation
Cooper Tire
Apollo Tyres
KUMHO TIRES
Linglong Tire
MRF
Cheng Shin Rubber (Maxxis)
Sailun Group
Nokian Tyres
Hengfeng Tires
Triangle Tire Group
JK TYRE
AEOLUS TYRE
Double Coin
Doublestar
Giti
Xingyuan
Guizhou Tyre
Nexen Tire

By Region
North America
United States
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
Southeast Asia
India
Australia
Taiwan
Indonesia
Thailand
Malaysia
Latin America
Mexico
Brazil
Colombia
Argentina
Middle East & Africa
Turkey
Saudi Arabia
UAE