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Commercial Vehicles Tires Market

Commercial Vehicles Tires - Global Market Outlook (2019-2027)

4.6 (76 reviews)
Published: July 2020 ID: SMRC19530
4.6 (76 reviews)
Published: July 2020 ID: SMRC19530

This report covers the impact of COVID-19 on this global market

According to Stratistics MRC, the Global Commercial Vehicles Tires Market is expected to growing at a CAGR of 5.4% during the forecast period. Growing investment in infrastructure, economic expansion and growing transport volumes are the major factors propelling market growth. However, the high replacement cost of these tires is hampering market growth.

Tires are the only component of a vehicle which comes in direct contact with the road. Tires in commercial vehicles are equipped to handle all sort of rough conditions including unpaved roads, sand, dirt and rocks can even be the norm in some places. They are exposed to several unsuitable environments and road conditions that entail the  manufacturers to produce specific tires for a particular environment and weather conditions such as all-season, winter, and summer tires.

Based on the application, the mining segment is going to have a lucrative growth during the forecast period owing to the flourishing demand in the emerging markets. This has resulted in not only high demand for commercial vehicles but sustainable tires as well. With huge investments from domestic and international players, industry experts believe that the tire industry is all set to grow at an immense pace. The massive demand for mining unlocks the doorways for the growth in commercial vehicles tires market.

By geography, Asia Pacific is going to have a lucrative growth during the forecast period due to the augmenting construction activities in countries, such as India and ASEAN countries (including Thailand, Singapore, Vietnam, and others). Growing electrification of commercial vehicles in countries such as China is also expected to drive the growth of commercial vehicle tire market in the country.

Some of the key players profiled in the Commercial Vehicles Tires Market include Bridgestone Corporation, Continental AG, Balkrishna Industries Limited, The Michelin Group, Trelleborg Corporation, ATG Tires Private Limited, Sumitomo Corporation, Hankook Tire And Technology Group, McLaren Industries, and Goodyear Tyre And Rubber Company.

Vehicle Weights Covered:
• Less Than 3.5 Tons
• 3.5 Tons To 16 Tons
• More Than 16 Tons

Classifications Covered:
• Rim Diameter (<20 Inch)
• Rim Diameter (20 to 45 Inch)
• Rim Diameter (45 to 65 Inch)

Materials Covered:
• Natural Rubber
• Poly Butadiene Rubber
• Styrene-Butadiene Rubber
• Nylon Cord Fabric And Wire

Products Covered:
• Radial Tyre
• Bias Tyre

Vehicle Types Covered:
• Medium and Heavy Commercial Vehicle (M&HCVs)
• Light Commercial Vehicle (LCVs)

Terrains Covered:
• On-Road
• Off-Road

Sales Channels Covered:
• Online
• Offline

Applications Covered:
• Construction
• Mining
• Agriculture
• Transport

End Users Covered:
• Original Equipment Manufacturer (OEM)
• Aftermarket
 
Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o UK
o Italy
o France
o Spain
o Rest of Europe
• Asia Pacific
o Japan       
o China       
o India       
o Australia 
o New Zealand
o South Korea
o Rest of Asia Pacific   
• South America
o Argentina
o Brazil
o Chile
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o UAE
o Qatar
o South Africa
o Rest of Middle East & Africa

What our report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2018, 2019 2020, 2024, and 2027
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements

Free Customization Offerings:
All the customers of this report will be entitled to receive one of the following free customization options:
• Company Profiling
o Comprehensive profiling of additional market players (up to 3)
o SWOT Analysis of key players (up to 3)
• Regional Segmentation
o Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
• Competitive Benchmarking
o Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances

1 Executive Summary      
        
2 Preface   
    
 2.1 Abstract      
 2.2 Stake Holders     
 2.3 Research Scope     
 2.4 Research Methodology    
  2.4.1 Data Mining    
  2.4.2 Data Analysis    
  2.4.3 Data Validation    
  2.4.4 Research Approach    
 2.5 Research Sources     
  2.5.1 Primary Research Sources   
  2.5.2 Secondary Research Sources   
  2.5.3 Assumptions    
        
3 Market Trend Analysis     
 3.1 Introduction     
 3.2 Drivers      
 3.3 Restraints     
 3.4 Opportunities     
 3.5 Threats      
 3.6 Product Analysis     
 3.7 Application Analysis    
 3.8 End User Analysis     
 3.9 Emerging Markets     
 3.10 Impact of Covid-19     
        
4 Porters Five Force Analysis     
 4.1 Bargaining power of suppliers    
 4.2 Bargaining power of buyers    
 4.3 Threat of substitutes    
 4.4 Threat of new entrants    
 4.5 Competitive rivalry     
        
5 Global Commercial Vehicles Tires Market, By Vehicle Weight  
 5.1 Introduction     
 5.2 Less Than 3.5 Tons     
 5.3 3.5 Tons To 16 Tons     
 5.4 More Than 16 Tons     
        
6 Global Commercial Vehicles Tires Market, By Classification  
 6.1 Introduction     
 6.2 Rim Diameter (<20 Inch)    
 6.3 Rim Diameter (20 to 45 Inch)    
 6.4 Rim Diameter (45 to 65 Inch)    
        
7 Global Commercial Vehicles Tires Market, By Material  
 7.1 Introduction     
 7.2 Natural Rubber     
 7.3 Poly Butadiene Rubber    
 7.4 Styrene Butadiene Rubber    
 7.5 Nylon Cord Fabric and Wire    
        
8 Global Commercial Vehicles Tires Market, By Product  
 8.1 Introduction     
 8.2 Radial Tyre     
 8.3 Bias Tyre      
        
9 Global Commercial Vehicles Tires Market, By Vehicle Type  
 9.1 Introduction     
 9.2 Medium and Heavy Commercial Vehicle (M&HCVs)  
 9.3 Light Commercial Vehicle (LCVs)   
        
10 Global Commercial Vehicles Tires Market, By Terrain  
 10.1 Introduction     
 10.2 On-Road      
 10.3 Off-Road      
         
11 Global Commercial Vehicles Tires Market, By Sales Channel   
 11.1 Introduction     
 11.2 Online      
 11.3 Offline      
        
12 Global Commercial Vehicles Tires Market, By Application  
 12.1 Introduction     
 12.2 Construction     
 12.3 Mining      
 12.4 Agriculture     
 12.5 Transport      
        
13 Global Commercial Vehicles Tires Market, By End User  
 13.1 Introduction     
 13.2 Original Equipment Manufacturer (OEM)   
 13.3 Aftermarket     
        
14 Global Commercial Vehicles Tires Market, By Geography  
 14.1 Introduction     
 14.2 North America     
  14.2.1 US     
  14.2.2 Canada     
  14.2.3 Mexico     
 14.3 Europe      
  14.3.1 Germany     
  14.3.2 UK     
  14.3.3 Italy     
  14.3.4 France     
  14.3.5 Spain     
  14.3.6 Rest of Europe    
 14.4 Asia Pacific     
  14.4.1 Japan     
  14.4.2 China     
  14.4.3 India     
  14.4.4 Australia     
  14.4.5 New Zealand    
  14.4.6 South Korea    
  14.4.7 Rest of Asia Pacific     
 14.5 South America     
  14.5.1 Argentina    
  14.5.2 Brazil     
  14.5.3 Chile     
  14.5.4 Rest of South America   
 14.6 Middle East & Africa    
  14.6.1 Saudi Arabia    
  14.6.2 UAE     
  14.6.3 Qatar     
  14.6.4 South Africa    
  14.6.5 Rest of Middle East & Africa   
        
15 Key Developments      
 15.1 Agreements, Partnerships, Collaborations and Joint Ventures 
 15.2 Acquisitions & Mergers    
 15.3 New Product Launch    
 15.4 Expansions     
 15.5 Other Key Strategies    
        
16 Company Profiling      
 16.1 Bridgestone Corporation    
 16.2 Continental AG     
 16.3 Balkrishna Industries Limited    
 16.4 The Michelin Group     
 16.5 Trelleborg Corporation    
 16.6 ATG Tires Private Limited    
 16.7 Sumitomo Corporation    
 16.8 Hankook Tire And Technology Group   
 16.9 McLaren Industries     
 16.10 Goodyear Tyre And Rubber Company   


List of Tables       
1 Global Commercial Vehicles Tires Market Outlook, By Region (2018-2027) ($MN)
2 Global Commercial Vehicles Tires Market Outlook, By Vehicle Weight (2018-2027) ($MN)
3 Global Commercial Vehicles Tires Market Outlook, By Less Than 3.5 Tons (2018-2027) ($MN)
4 Global Commercial Vehicles Tires Market Outlook, By 3.5 Tons To 16 Tons (2018-2027) ($MN)
5 Global Commercial Vehicles Tires Market Outlook, By More Than 16 Tons (2018-2027) ($MN)
6 Global Commercial Vehicles Tires Market Outlook, By Classification (2018-2027) ($MN)
7 Global Commercial Vehicles Tires Market Outlook, By Rim Diameter (<20 Inch) (2018-2027) ($MN)
8 Global Commercial Vehicles Tires Market Outlook, By Rim Diameter (20 to 45 Inch) (2018-2027) ($MN)
9 Global Commercial Vehicles Tires Market Outlook, By Rim Diameter (45 to 65 Inch) (2018-2027) ($MN)
10 Global Commercial Vehicles Tires Market Outlook, By Material (2018-2027) ($MN)
11 Global Commercial Vehicles Tires Market Outlook, By Natural Rubber (2018-2027) ($MN)
12 Global Commercial Vehicles Tires Market Outlook, By Poly Butadiene Rubber (2018-2027) ($MN)
13 Global Commercial Vehicles Tires Market Outlook, By Styrene Butadiene Rubber (2018-2027) ($MN)
14 Global Commercial Vehicles Tires Market Outlook, By Nylon Cord Fabric And Wire (2018-2027) ($MN)
15 Global Commercial Vehicles Tires Market Outlook, By Terrain (2018-2027) ($MN)
16 Global Commercial Vehicles Tires Market Outlook, By On-Road (2018-2027) ($MN)
17 Global Commercial Vehicles Tires Market Outlook, By Off-Road (2018-2027) ($MN)
18 Global Commercial Vehicles Tires Market Outlook, By Sales Channel (2018-2027) ($MN)
19 Global Commercial Vehicles Tires Market Outlook, By Online (2018-2027) ($MN)
20 Global Commercial Vehicles Tires Market Outlook, By Offline (2018-2027) ($MN)
21 Global Commercial Vehicles Tires Market Outlook, By Application (2018-2027) ($MN)
22 Global Commercial Vehicles Tires Market Outlook, By Construction (2018-2027) ($MN)
23 Global Commercial Vehicles Tires Market Outlook, By Mining (2018-2027) ($MN)
24 Global Commercial Vehicles Tires Market Outlook, By Agriculture (2018-2027) ($MN)
25 Global Commercial Vehicles Tires Market Outlook, By Transport (2018-2027) ($MN)
26 Global Commercial Vehicles Tires Market Outlook, By Light Commercial Vehicle (LCVs) (2018-2027) ($MN)
27 Global Commercial Vehicles Tires Market Outlook, By Medium and Heavy Commercial Vehicle (M&HCVs) (2018-2027) ($MN)
28 Global Commercial Vehicles Tires Market Outlook, By End User (2018-2027) ($MN)
29 Global Commercial Vehicles Tires Market Outlook, By Original Equipment Manufacturer (OEM) (2018-2027) ($MN)
30 Global Commercial Vehicles Tires Market Outlook, By Aftermarket (2018-2027) ($MN)
        
Note: Tables for North America, Europe, APAC, South America, and Middle East & Africa Regions are also represented in the same manner as above

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