The global automotive tire market was valued at USD 246.3 billion in 2017 and is anticipated to grow at a CAGR of 7.1% during the forecast period. Automotive tires are rubber rings around the rim of automobile wheels, which are filled with compressed air. The different components of automotive tire include bead, sidewall, tread, ply, carcass, breaker, and belt among others. The automotive tires are categorized into radial tires, and bias tire. Radial tires are primarily used by vehicles owing to benefits such as reduced tread squirming & shuffling, longer life, enhanced fuel efficiency, decreased rolling resistance, improved high speed performance, and enhanced dimensional and directional stability.
The major driving factors of the market include growing automotive industry, and increasing demand for passenger and commercial vehicles worldwide. The implementation of advanced technologies for automotive tire production, and increasing need to improve road safety has accelerated the adoption of automotive tires. The growing need to increase the average life of vehicles encourages vehicle manufacturers to innovate and produce technologically advanced tires to meet the growing consumer demands. The increasing demand of vehicles from countries such as China, U.S, and Western Europe also increases the demand of automotive tires. The introduction of government regulations regarding vehicular safety and use of green tires further supports the growth of the market.
The global Automotive Tire market is segmented on the basis of type, end-user, sales channel, and geography. Based on the type, the market is segmented into radial tire, and bias tire. In 2017, radial tires accounted for the highest market share in the global automotive tire market. Radial tires have transverse radial plies that run perpendicular to the direction of travel. The benefits offered by radial tires include flexible sidewalls, reduced vibration, decreased fuel consumption, enhanced driving experience, and extended tire life among others.
The sales channel segment is categorized into OEM, and aftermarket. OEM accounted for the dominant share in the global automotive tire market in 2017.
全球汽车轮胎市场的最终用户包括乘用车,商用车辆和两轮车。由于乘用车从新兴经济体和技术进步,乘用车在2017年占据了全球汽车轮胎市场。可支配收入,改变生活方式和越来越多的绿色轮胎采用将支持这一细分市场的增长。
本报告包括跨北美,欧洲,亚太地区,拉丁美洲和MEA市场的详细地域分布。北美进一步分段为美国,加拿大和墨西哥。欧洲分为德国,英国,意大利,法国和欧洲其他地区。亚太地区分叉进入中国,印度,日本和亚太地区的其他地区。亚太地区于2017年占全球汽车轮胎市场的最大份额。汽车的需求不断增长,汽车部门的大量增长加速了该地区汽车轮胎的采用。不断增长的可支配收入,以及改善生活水平以及中国,日本,日本和印度的新兴经济体提高了亚太地区的市场增长。关于车辆安全性和绿色技术使用的严格政府法规的引入是预计预测期间在该地区提供增长机会的因素。
市场上的供应商正在推出新产品,以满足不断增长的客户需求。此外,市场领导人正在与市场上的顶级公司收购和合作,以增强市场的产品,扩大客户群。汽车轮胎市场具有大量小型和大供应商的竞争力。汽车轮胎市场的领先球员包括MRF轮胎,JK Tire&Industries Ltd.,Continental AG,Bridgestone Corporati乐动体育网址多少on,Suchelin Group,Michelin Group,Toyo轮胎和橡胶有限公司,Goodyear轮胎和橡胶公司,Pirelli& C. S.P.A., and CEAT Ltd. among others.