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Automotive Tire Industry Projections, SWOT Analysis, Trends and Forecast by 2024 – Market Research Report 2019

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Tire is a ring or band of rubber, either solid or hollow and inflated, or of metal, placed over the rim of a wheel to provide traction, resistance to wear, or other desirable properties.
This report we researched the automotive type which is used in automotive.

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Asia is the biggest supplier of automotive tire, the production market share of Asia was 59.23% in 2015. Europe is the second supplier, with the production market share of 16.9% in 2015.
Europe is the biggest consumer of automotive tire, the consumption of Europe was more than 479 million units in 2015 with the consumption market share of 26.12%. North America is the second consumer with the consumption market share of 23.25% in 2015.
Market competition is intense. There are more than 60 key of automotive tire manufacturers in the world. Among them, the top 19 manufacturers occupied the global production marker share about 70%. Bridgestone, Michelin, Goodyear are the leaders of the industry. With the key technologies and patent, they formed the global market channel of the industry.

According to this study, over the next five years the Automotive Tire market will register a 2.4% CAGR in terms of revenue, the global market size will reach US$ 211500 million by 2024, from US$ 183400 million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in Automotive Tire business, shared in Chapter 3.

This report presents a comprehensive overview, market shares, and growth opportunities of Automotive Tire market by product type, application, key manufacturers and key regions and countries.

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Segmentation by product type:
Bias Tire
Radial Tire

Segmentation by application:
Passenger Car
Commecial Car

This report also splits the market by region:
Americas, United States, Canada, Mexico, Brazil, APAC, China, Japan, Korea, Southeast Asia, India, Australia, Europe, Germany, France, UK, Italy, Russia, Spain, Middle East & Africa, Egypt, South Africa, Israel, Turkey, and GCC Countries.

The key manufacturers covered in this report:
Bridgestone
Michelin
Goodyear
Continental
Pirelli
Hankook
Sumitomo
Yokohama
Maxxis
Zhongce
GITI Tire
Cooper Tire
Kumho Tire
Toyo Tire
Apollo Tyres
Triangle Group
Nexen Tire
Hengfeng Rubber
Nokian Tyres

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In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.

Research Objectives:
To study and analyze the global Automotive Tire consumption (value & volume) by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.
To understand the structure of Automotive Tire market by identifying its various subsegments.
Focuses on the key global Automotive Tire manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Automotive Tire with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
To project the consumption of Automotive Tire submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.

Major Point of TOC:

Chapter One: Scope of the Report

Chapter Two: Executive Summary

Chapter Three: Global Automotive Tire by Players

Chapter Four: Automotive Tire by Regions

Chapter Five: Americas

Chapter Six: APAC

Chapter Seven: Europe

Chapter Eight: Middle East & Africa

Chapter Nine: Market Drivers, Challenges and Trends

Chapter Ten: Marketing, Distributors and Customer

Chapter Eleven: Global Automotive Tire Market Forecast

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