The global Tires market was valued at 2267.2 Million USD in 2021 and will grow with a CAGR of 2.97% from 2021 to 2027, based on HNY Research newly published report.

The prime objective of this report is to provide the insights on the post COVID-19 impact which will help market players in this field evaluate their business approaches. Also, this report covers market segmentation by major market verdors, types, applications/end users and geography(North America, East Asia, Europe, South Asia, Southeast Asia, Middle East, Africa, Oceania, South America).

Tire is in a variety of vehicles or machinery assembled on the ground rolling ring elastic rubber products. Usually mounted on metal rims, it can support the body, cushion the external impact, achieve contact with the road and ensure the vehicle performance. Tires are often used under complex and harsh conditions. They bear various deformation, load, force and high and low temperature when driving, so they must have higher bearing capacity, traction capacity and buffer capacity. At the same time, it also requires high wear resistance and flexural resistance, as well as low rolling resistance and thermogenesis. Half of the world`s rubber consumption in tire production, tire consumption capacity can be seen.

By Market Verdors:

Michelin

Bridgestone

Goodyear

Continental

Sumitomo Rubber Group

Pirelli

Yokohama Rubber

Hankook

Cooper

Kumho Tire

Toyo Tire &Rubber

Apollo Tyres

MRF

NOKIAN

Cheng Shin Tire

Hangzhou Zhongce Rubber

Triangle Tire

Linglong Tire

Aeolus Tire

Shanghai Huayi Group Corporation Limited (Originally Double Coin)

Jiangsu General Science Technology Co, Ltd.

Guizhou Tire

Qingdao Double Star

Xingyuan

Sailun Jinyu Group Co, Ltd

Giti Tire

Shengtai Group

Prinx Chengshan (Shandong) Tire Co, Ltd

By Types:

Radial Tires

Bias Tires

By Applications:

Limousine

Truck

Motocycle

Airplane

Key Indicators Analysed

Market Players & Competitor Analysis: The report covers the key players of the industry including Company Profile, Product Specifications, Production Capacity/Sales, Revenue, Price and Gross Margin 2016-2027 & Sales with a thorough analysis of the market’s competitive landscape and detailed information on vendors and comprehensive details of factors that will challenge the growth of major market vendors.

Global and Regional Market Analysis: The report includes Global & Regional market status and outlook 2016-2027. Further the report provides break down details about each region & countries covered in the report. Identifying its sales, sales volume & revenue forecast. With detailed analysis by types and applications.

Market Trends: Market key trends which include Increased Competition and Continuous Innovations.

Opportunities and Drivers: Identifying the Growing Demands and New Technology

Porters Five Force Analysis: The report provides with the state of competition in industry depending on five basic forces: threat of new entrants, bargaining power of suppliers, bargaining power of buyers, threat of substitute products or services, and existing industry rivalry.

Key Reasons to Purchase

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To understand the future outlook and prospects for the market.

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