Global Tire Market Size, Share, and Trends Analysis Report – Industry Overview and Forecast to 2034
The Global Tire Market is segmented based on design (Radial Tires, Bias Tires), end-use (OEM Market, Replacement Market), vehicle type (Passenger Cars, Light Commercial Vehicles, Medium and Heavy Commercial Vehicles, Two Wheelers, Three Wheelers, Off-The-Road [OTR]), distribution channel (Offline, Online), season (All Season Tires, Winter Tires, Summer Tires).
| Forecast Period | 2025 –2034 |
| Market Size (2025) | USD 174.6 Billion |
| Market Size (2034) | USD 266.0 Billion |
| CAGR | 4.3% |
Global Tire Market Overview (2025–2034)
The global tire market is expected to increase at a compound annual growth rate (CAGR) of 4.3% between 2025 and 2034, from its 2024 valuation of USD 174.6 billion. Tires are critical products in all auto segments, and their consumption is directly associated with the auto industry. The fast growth of the auto industry, combined with increased disposable incomes and urbanization, has driven impressive growth in tire utilization across the globe.
Tires are circular, rubber-based components that are mounted on the wheels of vehicles to provide traction, absorb shocks, and facilitate vehicle handling. They are composed of rubber, textile, steel, and chemical additives and are classified based on vehicle type, design, and application. Vehicle performance, safety, and fuel economy are all significantly impacted by tires.
In both the developed and developing world, the replacement tire segment remains at the forefront on account of growing vehicle ownership and the necessity for periodic maintenance. In addition, emerging markets such as India, Brazil, and Southeast Asia are seeing strong growth driven by infrastructure growth and a transition from two-wheelers towards passenger vehicles. Original Equipment Manufacturers (OEMs) are also building stronger collaborations with tire firms to launch fuel-efficient and environmentally friendly tires that reflect changing customer tastes.
On the sustainability side, governments and regulatory authorities are urging adoption of low rolling resistance and recycled product usage for tire manufacturing. This has accelerated innovation in the design and make of high-performance, eco-friendly tires, setting the tire industry up for further change and technology evolution.
Market Trends
Innovation in Smart Tire Technology for Connected Mobility
As the automotive market shifts to connected, autonomous, and electric vehicles, smart tire technology has been the revolutionary trend. Smart tires are laden with sensors tracking real-time parameters like tire pressure, temperature, tread depth, and road conditions. These provide enriched safety, fuel efficiency, and predictive maintenance. Automotive original equipment manufacturers and tire companies are working together to build tire data into vehicle telematics systems. This development complements fleet management objectives and electric vehicle optimization, further making intelligent tires more attractive in the consumer and commercial vehicle markets.
Shift Toward Sustainable and Eco-Friendly Tire Manufacturing
Environmental laws and growing consumer consciousness have prompted tire makers to incorporate sustainable measures in design and manufacturing. There is an increasing focus on the incorporation of bio-based products such as dandelion rubber, recycled rubber materials, and rice husk ash silica. Furthermore, water-based adhesives and low rolling resistance designs are being developed for improving recyclability of tires and fuel economy. Firms are strategically investing in green technology, lifecycle analyses, and closed-loop recycling systems to achieve environmental goals and attract environmentally aware customers.
Report Scope and Tire Market Segmentation
| Attributes | Tire Market Key Market Insights |
| Segments Covered | -By Design: Radial Tires, Bias Tires -By End-use: OEM Market, Replacement Market -By Vehicle Type: Passenger Cars, Light Commercial Vehicles, Medium and Heavy Commercial Vehicles, Two Wheelers, Three Wheelers, Off-The-Road [OTR] -By Distribution Channel: Offline, Online -By Season: All Season Tires, Winter Tires, Summer Tires |
| Countries Covered | U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E., South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America |
| Key Market Players | Apollo Tyres Ltd., Bridgestone Corporation, Continental AG, Hankook Tire & Technology Co., Ltd., Kumho Tyre (Australia) Pty Ltd., MRF Tyres, Pirelli Tyre S.p.A, Sumitomo Rubber Industries Ltd., The Goodyear Tire and Rubber Company, The Michelin Group, Toyo Tire Corporation, Yokohama Tire Corporation. |
| Market Opportunities | -Rising Demand for Electric and Hybrid Vehicles -Expansion of Retreading and Circular Economy Initiatives |
Market Dynamics
Drivers
Growing Global Automobile Production and Aftermarket Demand
One of the main factors propelling the expansion of the tire industry is the expansion of automobile manufacturing facilities, particularly in Asia-Pacific. China, India, Thailand, and Indonesia are witnessing increasing automotive production fueled by exports and local demand. This increased production boosts the demand for OEM as well as replacement tires. Aftermarket sales are also driven by increasing vehicle parc and consumer focus on replacing tires regularly to maintain safety and adhering to inspection requirements.
Advancements in Tire Technology Enhancing Product Performance
The use of sophisticated tread designs, nanomaterials, and computer-aided tire simulation has greatly improved tire performance. Such advancements result in improved grip, longer lifespan, reduced rolling resistance, and less road noise. High-performance tires address the premium vehicle market, motorsport market, and electric vehicle platforms, where efficiency and safety are paramount. Innovation not only meets performance requirements but also enables companies to differentiate in a saturated market.
Restraints
Raw Material Price Volatility and Supply Chain Challenges
The tire market is extremely sensitive to raw material price changes, such as natural rubber, synthetic rubber, and crude oil-based materials. Global disruptions, geopolitical tensions, and environmental issues have disrupted supply chains and led to material price volatility. This volatility obstructs production planning and margins, particularly for small- and medium-sized manufacturers who do not have the size to hedge procurement prices effectively.
Environmental Disposal and Recycling Challenges
The used tires are a major environmental challenge because they are not biodegradable and there is a low availability of recycling facilities. Incorrect disposal contributes to landfilling, illegal dumping, and fire risk. Government agencies are increasing controls over tire waste, and producers are increasingly obligated to implement sustainable recycling systems. Nonetheless, the exorbitant price of recycling technology and poor infrastructure within developing nations is posing challenges to their adoption at large scale.
Opportunities
Rising Demand for Electric and Hybrid Vehicles
The worldwide transition to electric mobility is creating new opportunities for tire makers. EVs and hybrid cars need customized tires with lower rolling resistance, ability to handle higher torque, and low noise. With increasing EV adoption, especially in Europe, North America, and East Asia, there is huge potential to create and provide custom-made tire solutions for this new segment. Strategic partnerships with EV makers can provide long-term supply agreements and brand positioning.
Expansion of Retreading and Circular Economy Initiatives
Retread tires provide an economical and environmentally friendly option to new tires, particularly in commercial and heavy truck fleets. The technological development of retreading technologies and governmental incentives for circular economy programs are reinvigorating this market. Through the provision of retreading services and take-back programs, manufacturers can minimize waste, decrease raw material reliance, and enhance customer loyalty.
Segmentation
By Design
-Radial Tires
-Bias Tires
By End-use
-OEM Market
-Replacement Market
By Vehicle Type
-Passenger Cars
-Light Commercial Vehicles
-Medium and Heavy Commercial Vehicles
-Two Wheelers
-Three Wheelers
-Off-The-Road [OTR]
By Distribution Channel
-Offline
-Online
By Season
-All Season Tires
-Winter Tires
-Summer Tires
Segmental Insights – Tire Market
By Design
Radial Tires lead the world in the tire industry by offering higher durability, improved fuel efficiency, and better traction on roads. Used extensively on passenger and commercial vehicles, they are also the first choice of OEMs and aftermarket consumers around the world.
Bias Tires are also expected to increase steadily in niche use, particularly in construction, agriculture, and off-the-road (OTR) vehicles. Bias Tires are well suited for heavy-duty operations on rough grounds because of their sturdy construction and sidewall puncture resistance.
By Vehicle Type
Passenger Car is the largest segment in terms of volume and value, driven by growth in worldwide car ownership, urban commuting, and ongoing improvements in tire design and technology. Comfort, noise suppression, and durability are areas where tire manufacturers emphasize in this segment.
Off-The-Road (OTR) segment is developing rapidly owing to rising demand from mining, agriculture, and construction industries. Such tires are especially developed with the aim of durability, load capacity, and high performance under tough situations.
Regional Insights – Tire Market
Asia-Pacific dominates the tire industry in both consumption and production, underpinned by surging auto industries, growing car ownership, and robust export capabilities.
China leads as the biggest contributor because of its enormous domestic market, highly developed manufacturing base, and government encouragement of automotive expansion. India is next, with strong growth in two-wheelers and commercial vehicles, and growing demand for both OEM and replacement tires in rural and urban regions.
The second-largest market is North America, prompted by a high rate of replacement, increasing adoption of electric vehicles, and stringent motor vehicle safety regulations.
The United States dominates the region with a developed auto ecosystem, pervasive adoption of all-season and winter tires, and increasing online tire sales. Canada is a strong contributor based on robust seasonality for winter tires and regulatory support for encouraging consumer take-up.
Market Share
The global tire market is competitive and fragmented, with key players like Bridgestone Corporation, Michelin, Goodyear Tire & Rubber Company, Continental AG, and Pirelli leading the industry. These companies invest heavily in R&D, smart tire technologies, and sustainable manufacturing to maintain leadership. Market competition is also driven by pricing strategies, distribution networks, and brand reliability, while regional players focus on cost-effective offerings to cater to price-sensitive markets.
-Apollo Tyres Ltd.
-Bridgestone Corporation
-Continental AG
-Hankook Tire & Technology Co., Ltd.
-Kumho Tyre (Australia) Pty Ltd.
-MRF Tyres
-Pirelli Tyre S.p.A
-Sumitomo Rubber Industries Ltd.
-The Goodyear Tire and Rubber Company
-The Michelin Group
-Toyo Tire Corporation
-Yokohama Tire Corporation
Recent Developments
-In June 2025, Bridgestone introduced the completely new Turanza EverDrive touring tire for sedans, CUVs, and minivans. Supported by an 80,000-mile limited warranty, its longest to date, the tire uses a next-generation compound that resists uneven wear and maintains long-lasting performance. It provides exceptional control in wet, dry, and light snow driving with lower road noise for a quiet ride. The tire is now available in 36 fitments for major vehicle models.
-CEAT launched its new SportDrive line of tyres in India in March 2025, comprising three cutting-edge innovations for ultra-luxury and performance vehicles and SUVs. Ultra-high performance and run-flat tyres are part of the range, tested extensively in Germany. The run-flat feature enables cars to drive for some time despite a puncture, boosting safety and ease. These high-end tyres are priced between ₹15,000 to ₹20,000 per tyre and are for high-end sedans as well as SUVs.
Frequently Asked Question (FAQ):
1.Which region is expected to dominate the Tire Market by 2034?
Ans: The Asia Pacific region is expected to hold the highest share in the global Tire Market.
2.Who are the major players in the Tire Market?
Ans: Major players in the Tire Market include companies like Apollo Tyres Ltd., Bridgestone Corporation, Continental AG, Hankook Tire & Technology Co., Ltd., Kumho Tyre (Australia) Pty Ltd., MRF Tyres, Pirelli Tyre S.p.A, Sumitomo Rubber Industries Ltd., The Goodyear Tire and Rubber Company, The Michelin Group, Toyo Tire Corporation, Yokohama Tire Corporation.
3.What growth opportunities exist for the Tire Market?
Ans: The expansion of automotive manufacturing hubs, particularly in Asia-Pacific, is a major driver for tire market growth.
4.What is the forecast period for the Global Tire Market?
Ans. The global market is expected to grow between 2025 and 2034.
Table of Content
1. Strategic Imperatives
1.1. Global Tire Market: Comparison by segments
2. Market Introduction
2.1. Market Definition
2.2. Report Scope and Segment Coverage
2.2.1. Scope of the Report
2.2.2. List of Assumptions
2.3. List of Geography and Countries Covered in the Scope of the Study
2.4. Key Benefits for Stakeholders
3. Predictions by Market Square Insights
3.1. Top Investment Pockets
3.1.1. Market Attractiveness Analysis, by Design
3.1.2. Market Attractiveness Analysis, by End-use
3.1.3. Market Attractiveness Analysis, by Vehicle type
3.1.4. Market Attractiveness Analysis, by Distribution channel
3.1.5. Market Attractiveness Analysis, by Season
4. Research Methodology
4.1. Methodology/Research Approach
4.1.1. Research Programs/ Design
4.1.2. Market Size Estimation
4.2. Data End User
4.2.1. Secondary End User
4.2.1.1. Preliminary data mining
4.2.2. Primary End User
4.2.3. Statistical model
4.2.4. Data Triangulation
4.2.5. Report Objectives
5. Market Outlook
5.1. Introduction
5.2. Market Dynamics Analysis
5.2.1. Market drivers
5.2.1.1. Driver 1
5.2.1.2. Driver 2
5.2.1.3. Impact Analysis of Market Drivers
5.2.2. Market restraints
5.2.2.1. Restraints 1
5.2.2.2. Restraints 2
5.2.2.3. Impact Analysis of Market Restraints
5.2.3. Market opportunities
5.2.3.1. Opportunities 1
5.2.3.2. Opportunities 2
5.2.3.3. Impact Analysis of Market Opportunity
5.2.4. Market Challenges
5.2.4.1. Challenges 1
5.2.4.2. Challenges 2
5.2.4.3. Impact Analysis of Market Challenges
5.3. Porter’s Five Forces’ analysis
5.3.1.1. Bargaining Power of Suppliers
5.3.1.2. Bargaining Power of Buyers
5.3.1.3. Threat of New Entrant
5.3.1.4. Threat of Substitutes
5.3.1.5. Competitive Rivalry
5.4. PESTEL analysis
5.5. Value Chain Analysis
5.6. Supply Chain Analysis
6. Global Tire Market Overview, By Design
6.1. Introduction
6.2. Global Tire Market Share Revenue, By Design, 2022-2034 (USD billion)
6.3. Global Tire Market Share, By Design, 2024 and 2034 (%)
6.4. Radial Tires
6.4.1. Introduction
6.5. Bias Tires
6.5.1. Introduction
7. Global Tire Market, By End-use
7.1. Introduction
7.2. Global Tire Market Share, By End-use, 2022 – 2034 (USD billion)
7.3. Global Tire Market Share, By End-use, 2024 and 2034 (%)
7.4. OEM Market
7.4.1. Introduction
7.5. Replacement Market
7.5.1. Introduction
8. Global Tire Market, By Vehicle type
8.1. Introduction
8.2. Global Tire Market Share, By Vehicle type, 2022 – 2034 (USD billion)
8.3. Global Tire Market Share, By Vehicle type, 2024 and 2034 (%)
8.4. Passenger Cars
8.4.1. Introduction
8.5. Light Commercial Vehicles
8.5.1. Introduction
8.6. Medium and Heavy Commercial Vehicles
8.6.1. Introduction
8.7. Two Wheelers
8.7.1. Introduction
8.8. Three Wheelers
8.8.1. Introduction
8.9. Off-The-Road [OTR]
8.9.1. Introduction
9. Global Tire Market, By Distribution channel
9.1. Introduction
9.2. Global Tire Market Share, By Distribution channel, 2022 – 2034 (USD billion)
9.3. Global Tire Market Share, By Distribution channel, 2024 and 2034 (%)
9.4. Offline
9.4.1. Introduction
9.5. Online
9.5.1. Introduction
10. Global Tire Market, By Season
10.1. Introduction
10.2. Global Tire Market Share, By Season, 2022 – 2034 (USD billion)
10.3. Global Tire Market Share, By Season, 2024 and 2034 (%)
10.4. All Season Tires
10.4.1. Introduction
10.5. Winter Tires
10.5.1. Introduction
10.6. Summer Tires
10.6.1. Introduction
11. Global Tire Market Overview, By Geography
11.1. Global Tire Market Share Revenue, by Geography, 2022-2034 (USD billion)
11.2. Global Tire Market Share, By Geography 2024 and 2034 (%)
12. North America Tire Market Overview, By Countries
12.1. Introduction
12.2. North America Tire Market Overview, 2022 – 2034
12.3. Market size and projections, 2022 – 2034 (USD billion)
12.4. North America Tire Market Overview, By Country, 2022–2034 (USD billion)
12.5. North America Tire Market Overview, By Design, 2022–2034 (USD billion)
12.6. North America Tire Market Overview, By End-use, 2022 – 2034 (USD billion)
12.7. North America Tire Market Overview, By Vehicle type, 2022 – 2034 (USD billion)
12.8. North America Tire Market Overview, By Distribution channel, 2022 – 2034 (USD billion)
12.9. North America Tire Market Overview, By Season, 2022 – 2034 (USD billion)
12.10. US
12.11. US Tire Market Overview, By Design, 2022–2034 (USD billion)
12.12. US Tire Market Overview, By End-use, 2022 – 2034 (USD billion)
12.13. US Tire Market Overview, By Vehicle type, 2022 – 2034 (USD billion)
12.14. US Tire Market Overview, By Distribution channel, 2022 – 2034 (USD billion)
12.15. US Tire Market Overview, By Season, 2022 – 2034 (USD billion)
12.16. Canada
12.17. Canada Tire Market Overview, By Design, 2022–2034 (USD billion)
12.18. Canada Tire Market Overview, By End-use, 2022 – 2034 (USD billion)
12.19. Canada Tire Market Overview, By Vehicle type, 2022 – 2034 (USD billion)
12.20. Canada Tire Market Overview, By Distribution channel, 2022 – 2034 (USD billion)
12.21. Canada Tire Market Overview, By Season, 2022 – 2034 (USD billion)
12.22. Mexico
12.23. Mexico Tire Market Overview, By Design, 2022–2034 (USD billion)
12.24. Mexico Tire Market Overview, By End-use, 2022 – 2034 (USD billion)
12.25. Mexico Tire Market Overview, By Vehicle type, 2022 – 2034 (USD billion)
12.26. Mexico Tire Market Overview, By Distribution channel, 2022 – 2034 (USD billion)
12.27. Mexico Tire Market Overview, By Season, 2022 – 2034 (USD billion)
13. Europe Tire Market Overview, By Countries
13.1. Introduction
13.2. Europe Tire Market Overview, 2022 – 2034
13.3. Market size and projections, 2022 – 2034 (USD billion)
13.4. Europe Tire Market Overview, By Country, 2022–2034 (USD billion)
13.5. Europe Tire Market Overview, By Design, 2022–2034 (USD billion)
13.6. Europe Tire Market Overview, By End-use, 2022 – 2034 (USD billion)
13.7. Europe Tire Market Overview, By Vehicle type, 2022 – 2034 (USD billion)
13.8. Europe Tire Market Overview, By Distribution channel, 2022 – 2034 (USD billion)
13.9. Europe Tire Market Overview, By Season, 2022 – 2034 (USD billion)
13.10. Germany
13.11. Germany Tire Market Overview, By Design, 2022–2034 (USD billion)
13.12. Germany Tire Market Overview, By End-use, 2022 – 2034 (USD billion)
13.13. Germany Tire Market Overview, By Vehicle type, 2022 – 2034 (USD billion)
13.14. Germany Tire Market Overview, By Distribution channel, 2022 – 2034 (USD billion)
13.15. Germany Tire Market Overview, By Season, 2022 – 2034 (USD billion)
13.16. France
13.17. France Tire Market Overview, By Design, 2022–2034 (USD billion)
13.18. France Tire Market Overview, By End-use, 2022 – 2034 (USD billion)
13.19. France Tire Market Overview, By Vehicle type, 2022 – 2034 (USD billion)
13.20. France Tire Market Overview, By Distribution channel, 2022 – 2034 (USD billion)
13.21. France Tire Market Overview, By Season, 2022 – 2034 (USD billion)
13.22. UK
13.23. UK Tire Market Overview, By Design, 2022–2034 (USD billion)
13.24. UK Tire Market Overview, By End-use, 2022 – 2034 (USD billion)
13.25. UK Tire Market Overview, By Vehicle type, 2022 – 2034 (USD billion)
13.26. UK Tire Market Overview, By Distribution channel, 2022 – 2034 (USD billion)
13.27. UK Tire Market Overview, By Season, 2022 – 2034 (USD billion)
13.28. Netherlands
13.29. Netherlands Tire Market Overview, By Design, 2022–2034 (USD billion)
13.30. Netherlands Tire Market Overview, By End-use, 2022 – 2034 (USD billion)
13.31. Netherlands Tire Market Overview, By Vehicle type, 2022 – 2034 (USD billion)
13.32. Netherlands Tire Market Overview, By Distribution channel, 2022 – 2034 (USD billion)
13.33. Netherlands Tire Market Overview, By Season, 2022 – 2034 (USD billion)
13.34. Switzerland
13.35. Switzerland Tire Market Overview, By Design, 2022–2034 (USD billion)
13.36. Switzerland Tire Market Overview, By End-use, 2022 – 2034 (USD billion)
13.37. Switzerland Tire Market Overview, By Vehicle type, 2022 – 2034 (USD billion)
13.38. Switzerland Tire Market Overview, By Distribution channel, 2022 – 2034 (USD billion)
13.39. Switzerland Tire Market Overview, By Season, 2022 – 2034 (USD billion)
13.40. Belgium
13.41. Belgium Tire Market Overview, By Design, 2022–2034 (USD billion)
13.42. Belgium Tire Market Overview, By End-use, 2022 – 2034 (USD billion)
13.43. Belgium Tire Market Overview, By Vehicle type, 2022 – 2034 (USD billion)
13.44. Belgium Tire Market Overview, By Distribution channel, 2022 – 2034 (USD billion)
13.45. Belgium Tire Market Overview, By Season, 2022 – 2034 (USD billion)
13.46. Russia
13.47. Russia Tire Market Overview, By Design, 2022–2034 (USD billion)
13.48. Russia Tire Market Overview, By End-use, 2022 – 2034 (USD billion)
13.49. Russia Tire Market Overview, By Vehicle type, 2022 – 2034 (USD billion)
13.50. Russia Tire Market Overview, By Distribution channel, 2022 – 2034 (USD billion)
13.51. Russia Tire Market Overview, By Season, 2022 – 2034 (USD billion)
13.52. Italy
13.53. Italy Tire Market Overview, By Design, 2022–2034 (USD billion)
13.54. Italy Tire Market Overview, By End-use, 2022 – 2034 (USD billion)
13.55. Italy Tire Market Overview, By Vehicle type, 2022 – 2034 (USD billion)
13.56. Italy Tire Market Overview, By Distribution channel, 2022 – 2034 (USD billion)
13.57. Italy Tire Market Overview, By Season, 2022 – 2034 (USD billion)
13.58. Spain
13.59. Spain Tire Market Overview, By Design, 2022–2034 (USD billion)
13.60. Spain Tire Market Overview, By End-use, 2022 – 2034 (USD billion)
13.61. Spain Tire Market Overview, By Vehicle type, 2022 – 2034 (USD billion)
13.62. Spain Tire Market Overview, By Distribution channel, 2022 – 2034 (USD billion)
13.63. Spain Tire Market Overview, By Season, 2022 – 2034 (USD billion)
13.64. Rest of Europe
13.65. Rest of Europe Tire Market Overview, By Design, 2022–2034 (USD billion)
13.66. Rest of Europe Tire Market Overview, By End-use, 2022 – 2034 (USD billion)
13.67. Rest of Europe Tire Market Overview, By Vehicle type, 2022 – 2034 (USD billion)
13.68. Rest of Europe Tire Market Overview, By Distribution channel, 2022 – 2034 (USD billion)
13.69. Rest of Europe Tire Market Overview, By Season, 2022 – 2034 (USD billion)
14. Asia-Pacific Tire Market Overview, By Countries
14.1. Introduction
14.2. Asia-Pacific Tire Market Overview, 2022 – 2034
14.3. Market size and projections, 2022 – 2034 (USD billion)
14.4. Asia-Pacific Tire Market Overview, By Country, 2022–2034 (USD billion)
14.5. Asia-Pacific Tire Market Overview, By Design, 2022–2034 (USD billion)
14.6. Asia-Pacific Tire Market Overview, By End-use, 2022 – 2034 (USD billion)
14.7. Asia-Pacific Tire Market Overview, By Vehicle type, 2022 – 2034 (USD billion)
14.8. Asia-Pacific Tire Market Overview, By Distribution channel, 2022 – 2034 (USD billion)
14.9. Asia-Pacific Tire Market Overview, By Season, 2022 – 2034 (USD billion)
14.10. China
14.11. China Tire Market Overview, By Design, 2022–2034 (USD billion)
14.12. China Tire Market Overview, By End-use, 2022 – 2034 (USD billion)
14.13. China Tire Market Overview, By Vehicle type, 2022 – 2034 (USD billion)
14.14. China Tire Market Overview, By Distribution channel, 2022 – 2034 (USD billion)
14.15. China Tire Market Overview, By Season, 2022 – 2034 (USD billion)
14.16. Japan
14.17. Japan Tire Market Overview, By Design, 2022–2034 (USD billion)
14.18. Japan Tire Market Overview, By End-use, 2022 – 2034 (USD billion)
14.19. Japan Tire Market Overview, By Vehicle type, 2022 – 2034 (USD billion)
14.20. Japan Tire Market Overview, By Distribution channel, 2022 – 2034 (USD billion)
14.21. Japan Tire Market Overview, By Season, 2022 – 2034 (USD billion)
14.22. India
14.23. India Tire Market Overview, By Design, 2022–2034 (USD billion)
14.24. India Tire Market Overview, By End-use, 2022 – 2034 (USD billion)
14.25. India Tire Market Overview, By Vehicle type, 2022 – 2034 (USD billion)
14.26. India Tire Market Overview, By Distribution channel, 2022 – 2034 (USD billion)
14.27. India Tire Market Overview, By Season, 2022 – 2034 (USD billion)
14.28. South Korea
14.29. South Korea Tire Market Overview, By Design, 2022–2034 (USD billion)
14.30. South Korea Tire Market Overview, By End-use, 2022 – 2034 (USD billion)
14.31. South Korea Tire Market Overview, By Vehicle type, 2022 – 2034 (USD billion)
14.32. South Korea Tire Market Overview, By Distribution channel, 2022 – 2034 (USD billion)
14.33. South Korea Tire Market Overview, By Season, 2022 – 2034 (USD billion)
14.34. Australia
14.35. Australia Tire Market Overview, By Design, 2022–2034 (USD billion)
14.36. Australia Tire Market Overview, By End-use, 2022 – 2034 (USD billion)
14.37. Australia Tire Market Overview, By Vehicle type, 2022 – 2034 (USD billion)
14.38. Australia Tire Market Overview, By Distribution channel, 2022 – 2034 (USD billion)
14.39. Australia Tire Market Overview, By Season, 2022 – 2034 (USD billion)
14.40. Southeast Asia
14.41. Southeast Asia Tire Market Overview, By Design, 2022–2034 (USD billion)
14.42. Southeast Asia Tire Market Overview, By End-use, 2022 – 2034 (USD billion)
14.43. Southeast Asia Tire Market Overview, By Vehicle type, 2022 – 2034 (USD billion)
14.44. Southeast Asia Tire Market Overview, By Distribution channel, 2022 – 2034 (USD billion)
14.45. Southeast Asia Tire Market Overview, By Season, 2022 – 2034 (USD billion)
14.46. Rest of Asia-Pacific
14.47. Rest of Asia-Pacific Tire Market Overview, By Design, 2022–2034 (USD billion)
14.48. Rest of Asia-Pacific Tire Market Overview, By End-use, 2022 – 2034 (USD billion)
14.49. Rest of Asia-Pacific Tire Market Overview, By Vehicle type, 2022 – 2034 (USD billion)
14.50. Rest of Asia-Pacific Tire Market Overview, By Distribution channel, 2022 – 2034 (USD billion)
14.51. Rest of Asia-Pacific Tire Market Overview, By Season, 2022 – 2034 (USD billion)
15. Middle East and Africa Tire Market Overview, By Countries
15.1. Introduction
15.2. Middle East and Africa Tire Market Overview, 2022 – 2034
15.3. Market size and projections, 2022 – 2034 (USD billion)
15.4. Middle East and Africa Tire Market Overview, By Country, 2022–2034 (USD billion)
15.5. Middle East and Africa Tire Market Overview, By Design, 2022–2034 (USD billion)
15.6. Middle East and Africa Tire Market Overview, By End-use, 2022 – 2034 (USD billion)
15.7. Middle East and Africa Tire Market Overview, By Vehicle type, 2022 – 2034 (USD billion)
15.8. Middle East and Africa Tire Market Overview, By Distribution channel, 2022 – 2034 (USD billion)
15.9. Middle East and Africa Tire Market Overview, By Season, 2022 – 2034 (USD billion)
15.10. Saudi Arabia
15.11. Saudi Arabia Tire Market Overview, By Design, 2022–2034 (USD billion)
15.12. Saudi Arabia Tire Market Overview, By End-use, 2022 – 2034 (USD billion)
15.13. Saudi Arabia Tire Market Overview, By Vehicle type, 2022 – 2034 (USD billion)
15.14. Saudi Arabia Tire Market Overview, By Distribution channel, 2022 – 2034 (USD billion)
15.15. Saudi Arabia Tire Market Overview, By Season, 2022 – 2034 (USD billion)
15.16. UAE
15.17. UAE Tire Market Overview, By Design, 2022–2034 (USD billion)
15.18. UAE Tire Market Overview, By End-use, 2022 – 2034 (USD billion)
15.19. UAE Tire Market Overview, By Vehicle type, 2022 – 2034 (USD billion)
15.20. UAE Tire Market Overview, By Distribution channel, 2022 – 2034 (USD billion)
15.21. UAE Tire Market Overview, By Season, 2022 – 2034 (USD billion)
15.22. South Africa
15.23. South Africa Tire Market Overview, By Design, 2022–2034 (USD billion)
15.24. South Africa Tire Market Overview, By End-use, 2022 – 2034 (USD billion)
15.25. South Africa Tire Market Overview, By Vehicle type, 2022 – 2034 (USD billion)
15.26. South Africa Tire Market Overview, By Distribution channel, 2022 – 2034 (USD billion)
15.27. South Africa Tire Market Overview, By Season, 2022 – 2034 (USD billion)
15.28. Rest of Middle East and Africa
15.29. Rest of Middle East and Africa Tire Market Overview, By Design, 2022–2034 (USD billion)
15.30. Rest of Middle East and Africa Tire Market Overview, By End-use, 2022 – 2034 (USD billion)
15.31. Rest of Middle East and Africa Tire Market Overview, By Vehicle type, 2022 – 2034 (USD billion)
15.32. Rest of Middle East and Africa Tire Market Overview, By Distribution channel, 2022 – 2034 (USD billion)
15.33. Rest of Middle East and Africa Tire Market Overview, By Season, 2022 – 2034 (USD billion)
16. South America Tire Market Overview, By Countries
16.1. Introduction
16.2. South America Tire Market Overview, 2022 – 2034
16.3. Market size and projections, 2022 – 2034 (USD billion)
16.4. South America Tire Market Overview, By Country, 2022–2034 (USD billion)
16.5. South America Tire Market Overview, By Design, 2022–2034 (USD billion)
16.6. South America Tire Market Overview, By End-use, 2022 – 2034 (USD billion)
16.7. South America Tire Market Overview, By Vehicle type, 2022 – 2034 (USD billion)
16.8. South America Tire Market Overview, By Distribution channel, 2022 – 2034 (USD billion)
16.9. South America Tire Market Overview, By Season, 2022 – 2034 (USD billion)
16.10. Brazil
16.11. Brazil Tire Market Overview, By Design, 2022–2034 (USD billion)
16.12. Brazil Tire Market Overview, By End-use, 2022 – 2034 (USD billion)
16.13. Brazil Tire Market Overview, By Vehicle type, 2022 – 2034 (USD billion)
16.14. Brazil Tire Market Overview, By Distribution channel, 2022 – 2034 (USD billion)
16.15. Brazil Tire Market Overview, By Season, 2022 – 2034 (USD billion)
16.16. Argentina
16.17. Argentina Tire Market Overview, By Design, 2022–2034 (USD billion)
16.18. Argentina Tire Market Overview, By End-use, 2022 – 2034 (USD billion)
16.19. Argentina Tire Market Overview, By Vehicle type, 2022 – 2034 (USD billion)
16.20. Argentina Tire Market Overview, By Distribution channel, 2022 – 2034 (USD billion)
16.21. Argentina Tire Market Overview, By Season, 2022 – 2034 (USD billion)
16.22. Rest of South America
16.23. Rest of South America Tire Market Overview, By Design, 2022–2034 (USD billion)
16.24. Rest of South America Tire Market Overview, By End-use, 2022 – 2034 (USD billion)
16.25. Rest of South America Tire Market Overview, By Vehicle type, 2022 – 2034 (USD billion)
16.26. Rest of South America Tire Market Overview, By Distribution channel, 2022 – 2034 (USD billion)
16.27. Rest of South America Tire Market Overview, By Season, 2022 – 2034 (USD billion)
17. Competitive Landscape
17.1. Competitive Heat Map Analysis
17.2. Company Market Share Analysis – 2024
17.3. Company Financial Analysis
17.4. Key Development Analysis
17.4.1. Partnership/ agreement
17.4.2. Expansion
17.4.3. Mergers & Acquisitions
17.5. Top 3 Strategies Followed by Major Players
18. Company Profiles
18.1. Apollo Tyres Ltd.
18.1.1. Company overview
18.1.2. Company Profile
18.1.3. Recent Financials, Geographical Revenue Mix, Business Revenue Mix
18.1.4. Key Developments
18.1.5. SWOT Analysis
18.1.6. Strategy Overview
18.2. Bridgestone Corporation
18.3. Continental AG
18.4. Hankook Tire & Technology Co., Ltd.
18.5. Kumho Tyre (Australia) Pty Ltd.
18.6. MRF Tyres
18.7. Pirelli Tyre S.p.A
18.8. Sumitomo Rubber Industries Ltd.
18.9. The Goodyear Tire and Rubber Company
18.10. The Michelin Group
18.11. Toyo Tire Corporation
18.12. Yokohama Tire Corporation
19. Disclaimer
List of Figures
FIGURE 1 MARKET SEGMENTATION
FIGURE 2 TOP 3 PREDICTIONS BY MARKET SQUARE INSIGHTS
FIGURE 3 MARKET ATTRACTIVENESS ANALYSIS, BY DESIGN
FIGURE 4 MARKET ATTRACTIVENESS ANALYSIS, BY END-USE
FIGURE 5 MARKET ATTRACTIVENESS ANALYSIS, BY VEHICLE TYPE
FIGURE 6 MARKET ATTRACTIVENESS ANALYSIS, BY DISTRIBUTION CHANNEL
FIGURE 7 MARKET ATTRACTIVENESS ANALYSIS, BY SEASON
FIGURE 8 RESEARCH PROGRAMS/DESIGNS
FIGURE 9 DATA TRIANGULATION TECHNIQUES
FIGURE 10 BOTTOM-UP APPROACH
FIGURE 11 MARKET DYNAMICS ANALYSIS
FIGURE 12 BARGAINING POWER OF SUPPLIERS
FIGURE 13 BARGAINING POWER OF BUYERS
FIGURE 14 THREAT OF NEW ENTRANT
FIGURE 15 THREAT OF SUBSTITUTES
FIGURE 16 COMPETITIVE RIVALRY
FIGURE 17 PESTEL ANALYSIS
FIGURE 18 GLOBAL TIRE MARKET SHARE, BY DESIGN, 2024 AND 2034 (%)
FIGURE 19 RADIAL TIRES: GLOBAL TIRE MARKET REVENUE, 2022 – 2034 (USD BILLION)
FIGURE 20 BIAS TIRES: GLOBAL TIRE MARKET REVENUE, 2022 – 2034 (USD BILLION)
FIGURE 25 GLOBAL TIRE MARKET SHARE, BY END-USE, 2024 AND 2034 (%)
FIGURE 26 OEM MARKET: GLOBAL TIRE MARKET REVENUE, 2022 – 2034 (USD BILLION)
FIGURE 27 REPLACEMENT MARKET: GLOBAL TIRE MARKET REVENUE, 2022 – 2034 (USD BILLION)
FIGURE 32 GLOBAL TIRE MARKET SHARE, BY VEHICLE TYPE, 2024 AND 2034 (%)
FIGURE 33 PASSENGER CARS: GLOBAL TIRE MARKET REVENUE, 2022 – 2034 (USD BILLION)
FIGURE 34 LIGHT COMMERCIAL VEHICLES: GLOBAL TIRE MARKET REVENUE, 2022 – 2034 (USD BILLION)
FIGURE 35 MEDIUM AND HEAVY COMMERCIAL VEHICLES: GLOBAL TIRE MARKET REVENUE, 2022 – 2034 (USD BILLION)
FIGURE 36 TWO WHEELERS: GLOBAL TIRE MARKET REVENUE, 2022 – 2034 (USD BILLION)
FIGURE 37 THREE WHEELERS: GLOBAL TIRE MARKET REVENUE, 2022 – 2034 (USD BILLION)
FIGURE 38 OFF-THE-ROAD [OTR]: GLOBAL TIRE MARKET REVENUE, 2022 – 2034 (USD BILLION)
FIGURE 39 GLOBAL TIRE MARKET SHARE, BY DISTRIBUTION CHANNEL, 2024 AND 2034 (%)
FIGURE 40 OFFLINE: GLOBAL TIRE MARKET REVENUE, 2022 – 2034 (USD BILLION)
FIGURE 41 ONLINE: GLOBAL TIRE MARKET REVENUE, 2022 – 2034 (USD BILLION)
FIGURE 46 GLOBAL TIRE MARKET SHARE, BY SEASON, 2024 AND 2034 (%)
FIGURE 47 ALL SEASON TIRES: GLOBAL TIRE MARKET REVENUE, 2022 – 2034 (USD BILLION)
FIGURE 48 WINTER TIRES: GLOBAL TIRE MARKET REVENUE, 2022 – 2034 (USD BILLION)
FIGURE 49 SUMMER TIRES: GLOBAL TIRE MARKET REVENUE, 2022 – 2034 (USD BILLION)
FIGURE 53 GLOBAL TIRE MARKET SHARE REVENUE, BY GEOGRAPHY (USD BILLION)
FIGURE 54 GLOBAL TIRE MARKET SHARE, BY GEOGRAPHY, 2024 AND 2034 (%)
FIGURE 55 NORTH AMERICA TIRE MARKET OVERVIEW, 2022 – 2034 (USD BILLION)
FIGURE 56 EUROPE TIRE MARKET OVERVIEW, 2022 – 2034 (USD BILLION)
FIGURE 57 ASIA PACIFIC TIRE MARKET OVERVIEW, 2022 – 2034 (USD BILLION)
FIGURE 58 MIDDLE EAST AND AFRICA TIRE MARKET OVERVIEW, 2022 – 2034 (USD BILLION)
FIGURE 59 SOUTH AMERICA TIRE MARKET OVERVIEW, 2022 – 2034 (USD BILLION)
FIGURE 60 COMPANY MARKET SHARE ANALYSIS – 2024
FIGURE 61 TOP 3 STRATEGIES FOLLOWED BY MAJOR PLAYERS
FIGURE 62 RECENT FINANCIALS, GEOGRAPHICAL REVENUE MIX, BUSINESS REVENUE MIX
