Published by IMARC Services Private Limited
Posted on August 31, 2021
9 min readLast updated: January 21, 2026
According to IMARC Group’s latest report, titled “Tire Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026”, the global tire market exhibited moderate growth during 2015-2020. Tire is a ring-shaped, pneumatically inflated structure manufactured from synthetic or natural or synthetic rubber, fabric, carbon black, and wire. It encloses the rim of a wheel to form soft contact and assists in transferring the vehicle's load onto the road. A tire also works as a cushion for the wheels of a moving vehicle while providing a gripping surface for traction. It minimizes the impact of vibrations, absorbs shocks, and effectively withstands the tractive force between the surface of the road and the vehicle, thereby enhancing the vehicle's overall performance.
Request for a PDF sample of this report: https://www.imarcgroup.com/tyre-manufacturing-plant/requestsample
The expanding automobile industry has led to the growing adoption of crossover utility vehicles (CUVs) and sport utility vehicles (SUVs), thereby driving the demand for high-quality tires. Additionally, the implementation of stringent safety regulations has significantly impacted the rising popularity of automobile tires with a high safety quotient. Besides this, several leading market players are engaging in the development of advanced products, such as flat-run and nitrogen-based tires, that are also eco-friendly. Moreover, the rising environmental concerns towards increasing vehicular pollution levels have led to the emergence of hybrid or electric vehicles. In line with this, various technological advancements have resulted in the launch of electricity-generating tires, which is anticipated to further bolster the global market for tires in the coming years. Looking forward, IMARC Group expects the market to grow at a CAGR of around 4% during 2021-2026.
Competitive Landscape with Key Players:
· Michelin
· Bridgestone
· Continental
· Goodyear
· Sumitomo
· Pirelli
· Yokohama
· Hankook
· Toyo
· Kumho
MarketSegmentation:
Breakup by Design:
· Radial
· Bias
Breakup by End-Use:
· OEM Market
· Replacement Market
Breakup by Vehicle Type:
· Passenger Cars
o Market Breakup by Rim Size
o Market Breakup by Tire Size
o Price Ranges by Rim Size
· Light Commercial Vehicles
o Market Breakup by Rim Size
o Market Breakup by Tire Size
o Price Ranges by Rim Size
· Medium and Heavy Commercial Vehicles
o Market Breakup by Rim Size
o Market Breakup by Tire Size
o Price Ranges by Rim Size
· Two Wheelers
o Market Breakup by Rim Size
o Market Breakup by Tire Size
o Price Ranges by Rim Size
· Three Wheelers
o Market Breakup by Rim Size
o Market Breakup by Tire Size
o Price Ranges by Rim Size
· Off-The-Road (OTR)
o Market Breakup by Rim Size
o Market Breakup by Tire Size
o Price Ranges by Rim Size
Breakup by Distribution Channel
· Offline
· Online
Breakup by Season
· All Season Tires
· Winter Tires
· Summer Tires
· North America (United States, Canada)
· Europe (Germany, France, United Kingdom, Italy, Spain, Others)
· Asia Pacific (China, Japan, India, Australia, Indonesia, Korea, Others)
· Latin America (Brazil, Mexico, Others)
· Middle East and Africa (United Arab Emirates, Saudi Arabia, Qatar, Iraq, Others)
Ask Analyst for Customization and Explore full report with TOC & List of Figures: https://www.imarcgroup.com/tyre-manufacturing-plant
We are updating our reports, If you want latest primary and secondary data (2021-2026) with Cost Module, Business Strategy, Distribution Channel, etc. Click request free sample report, published report will be delivered to you in PDF format via email within 24 to 48 hours.
Key highlights of the report:
If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.
Visit Our Latest Blog: https://industriesresearchreport.blogspot.com/
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IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.
IMARC Group
30 N Gould St Ste R
Sheridan, WY 82801 USA – Wyoming
Email: Sales@imarcgroup.com
Tel No:(D) +91 120 433 0800
Americas: – +1 631 791 1145 | Africa and Europe: – +44-702-409-7331 | Asia: +91-120-433-0800, +91-120-433-0800
According to IMARC Group’s latest report, titled “Tire Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026”, the global tire market exhibited moderate growth during 2015-2020. Tire is a ring-shaped, pneumatically inflated structure manufactured from synthetic or natural or synthetic rubber, fabric, carbon black, and wire. It encloses the rim of a wheel to form soft contact and assists in transferring the vehicle's load onto the road. A tire also works as a cushion for the wheels of a moving vehicle while providing a gripping surface for traction. It minimizes the impact of vibrations, absorbs shocks, and effectively withstands the tractive force between the surface of the road and the vehicle, thereby enhancing the vehicle's overall performance.
Request for a PDF sample of this report: https://www.imarcgroup.com/tyre-manufacturing-plant/requestsample
The expanding automobile industry has led to the growing adoption of crossover utility vehicles (CUVs) and sport utility vehicles (SUVs), thereby driving the demand for high-quality tires. Additionally, the implementation of stringent safety regulations has significantly impacted the rising popularity of automobile tires with a high safety quotient. Besides this, several leading market players are engaging in the development of advanced products, such as flat-run and nitrogen-based tires, that are also eco-friendly. Moreover, the rising environmental concerns towards increasing vehicular pollution levels have led to the emergence of hybrid or electric vehicles. In line with this, various technological advancements have resulted in the launch of electricity-generating tires, which is anticipated to further bolster the global market for tires in the coming years. Looking forward, IMARC Group expects the market to grow at a CAGR of around 4% during 2021-2026.
Competitive Landscape with Key Players:
· Michelin
· Bridgestone
· Continental
· Goodyear
· Sumitomo
· Pirelli
· Yokohama
· Hankook
· Toyo
· Kumho
MarketSegmentation:
Breakup by Design:
· Radial
· Bias
Breakup by End-Use:
· OEM Market
· Replacement Market
Breakup by Vehicle Type:
· Passenger Cars
o Market Breakup by Rim Size
o Market Breakup by Tire Size
o Price Ranges by Rim Size
· Light Commercial Vehicles
o Market Breakup by Rim Size
o Market Breakup by Tire Size
o Price Ranges by Rim Size
· Medium and Heavy Commercial Vehicles
o Market Breakup by Rim Size
o Market Breakup by Tire Size
o Price Ranges by Rim Size
· Two Wheelers
o Market Breakup by Rim Size
o Market Breakup by Tire Size
o Price Ranges by Rim Size
· Three Wheelers
o Market Breakup by Rim Size
o Market Breakup by Tire Size
o Price Ranges by Rim Size
· Off-The-Road (OTR)
o Market Breakup by Rim Size
o Market Breakup by Tire Size
o Price Ranges by Rim Size
Breakup by Distribution Channel
· Offline
· Online
Breakup by Season
· All Season Tires
· Winter Tires
· Summer Tires
· North America (United States, Canada)
· Europe (Germany, France, United Kingdom, Italy, Spain, Others)
· Asia Pacific (China, Japan, India, Australia, Indonesia, Korea, Others)
· Latin America (Brazil, Mexico, Others)
· Middle East and Africa (United Arab Emirates, Saudi Arabia, Qatar, Iraq, Others)
Ask Analyst for Customization and Explore full report with TOC & List of Figures: https://www.imarcgroup.com/tyre-manufacturing-plant
We are updating our reports, If you want latest primary and secondary data (2021-2026) with Cost Module, Business Strategy, Distribution Channel, etc. Click request free sample report, published report will be delivered to you in PDF format via email within 24 to 48 hours.
Key highlights of the report:
If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.
Visit Our Latest Blog: https://industriesresearchreport.blogspot.com/
Related Reports by IMARC Group:
Air Electrode Battery Market: https://www.imarcgroup.com/air-electrode-battery-market
Plastic Pallets Market: https://www.imarcgroup.com/plastic-pallets-market
Specialty Pigments Market: https://www.imarcgroup.com/specialty-pigments-market
Europe I-joist Market: https://www.imarcgroup.com/europe-i-joist-market
United States I-joist Market: https://www.imarcgroup.com/united-states-i-joist-market
Europe Geopolymer Market: https://www.imarcgroup.com/europe-geopolymer-market
United States Geopolymer Market: https://www.imarcgroup.com/united-states-geopolymer-market
Asia Pacific Geopolymer Market: https://www.imarcgroup.com/asia-pacific-geopolymer-market
Attapulgite Market: https://www.imarcgroup.com/attapulgite-market
Solar Panel Recycling Market: https://www.imarcgroup.com/solar-panel-recycling-market
Flexitanks Market: https://www.imarcgroup.com/flexitanks-market
Pest Control Market: https://www.imarcgroup.com/pest-control-market
Nickel Market: https://www.imarcgroup.com/nickel-market
Thermal Interface Material: https://www.imarcgroup.com/thermal-interface-material-market
Biodiesel Market: https://www.imarcgroup.com/biodiesel-market
IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.
IMARC Group
30 N Gould St Ste R
Sheridan, WY 82801 USA – Wyoming
Email: Sales@imarcgroup.com
Tel No:(D) +91 120 433 0800
Americas: – +1 631 791 1145 | Africa and Europe: – +44-702-409-7331 | Asia: +91-120-433-0800, +91-120-433-0800
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