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The factor such as rapid economic growth, government proposal, improving road infrastructure and growth in large spending by customers are projecting as major factors of the pneumatic tires industry. However, a stringent policy against the use of pneumatic tires and their disposal are the factor that may hamper the growth of the market in the near future. This tire manufacturing needs low technical complexity and large initial infrastructure investment. The product copyright includes airless and semi-pneumatic tires that offer high rolling resistance, less suspension and are filled with polymers. These tries produce heat while driving and rising wheel weight. Therefore, numerous manufacturers recommend the use of pneumatic tires as opposed to its substitutes that leads to the growth of the pneumatics tries industry during the forecast period.
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- Market Coverage
- Market number available for – 2024-2031
- Base year- 2024
- Forecast period- 2024-2031
- Segment Covered- By Source, By Product Type, By Applications
- Competitive Landscape- Archer Daniels Midland Co., Ingredion Inc., Kerry Group Plc, Cargill
- , and others
Market Segmentation
Global Pneumatic Tires Market by Product
- Radial
- Crossply
Global Pneumatic Tires Market by Vehicle Type
- Two-Wheelers
- Four-Wheelers
- Aircraft
- Other
Regional Analysis
- North America
- US
- copyright
- Europe
- UK
- Germany
- Italy
- Spain
- France
- Rest of Europe
- Asia-Pacific
- China
- India
- Japan
- Rest of Asia-Pacific
- Rest of the World
Company Profiles
- Apollo Tyres, Ltd.
- Continental AG
- Dunlop Tires (A Part of the Goodyear family)
- Hankook Tire America Corp.
- Kumho Tire USA., Inc
- Maxam Tire International, Ltd.
- Millennium Tire
- Mitas (A Part of the Trelleborg group)
- Petlas
- Pirelli &C.S.p.A
- Sumitomo Rubber Industries, Ltd.
- The Goodyear Tire and Rubber Co.
- The Michelin Group
- The Yokohama Rubber Co. Ltd.
- TOKAI Solid Tire (Mouldmate Co. Ltd.)
- Trelleborg AB
The Report Covers
- Market value data analysis of 2018 and forecast to 2025.
- Annualized market revenues ($ million) for each market segment.
- Country-wise analysis of major geographical regions.
- Key companies operating in the global pneumatic tires market. Based on the availability of data, information related to pipeline products, and relevant news is also available in the report.
- Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.
- Analysis of market-entry and market expansion strategies.
- Competitive strategies by identifying ‘who-stands-where’ in the market.
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