
Pneumatic Tire Market Market
Pneumatic Tire - Global Market Outlook (2019-2027)
According to Stratistics MRC, the Global Pneumatic Tire Market is accounted for $268.69 billion in 2019 and is expected to reach $535.38 billion by 2027 growing at a CAGR of 9.0% during the forecast period. Some of the key factors propelling the growth of the market are increasing vehicle production, rapid urbanization, and rising disposable income of consumers. However, the growing popularity of retreading tires is the restraining factor for the growth of the market.
Pneumatic tires are rubber tires filled with compressed air that improves the loading capacity of tires and enhance the general performance of the vehicle. A wide variety of raw materials like natural rubber, synthetic rubber, carbon black, and steel wire among others are used in the manufacturing of pneumatic tires.
By vehicle, the four-wheelers segment is expected to grow at a significant market share during the forecast period owing to its growing acceptance as an effective means of transportation in most of the developing economies. Based on geography, Asia Pacific is anticipated to hold considerable market share during the forecast period which is attributed to the increasing consumer spending along with rising R&D investment for the development of new automotive types.
Some of the key players in Pneumatic Tire Market include The Yokohama Rubber Co. Ltd., The Goodyear Tire and Rubber Company, Sumitomo Rubber Industries Ltd., Pirelli & C.S.p.A, Michelin, Kumho Tire Co., Inc., Hankook Tire Co. Ltd., Cooper Tire & Rubber Company, Continental AG, and Bridgestone Corporation.
Vehicles Covered:
• Agricultural Vehicles
• Off-Road Vehicles
• Low-Speed Electric Type
• Two-Wheelers
• Four-Wheelers
• Aircraft
• Industrial Vehicles
Product Types Covered:
• Radial Tires
• Cross-ply Tires
Tire Types Covered:
• Solid Pneumatic Tire
• Air Pneumatic Tire
Types Covered:
• Multi Utility Type
• All Terrain Type
Sales Channels Covered:
• Direct Channel
• Distribution Channel
Applications Covered:
• Factories
• Stations
• Ports
• Airports
• Distribution Centers
Raw Materials Covered:
• Natural Rubber
• Synthetic Rubber
• Carbon Black
• Steel Wire
• Petrochemicals Reinforcing Materials
End Users Covered:
• Replacement Tires
• Original Equipment Manufacturer (OEM)
Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o France
o Italy
o UK
o Spain
o Rest of Europe
• Asia Pacific
o Japan
o China
o India
o Australia
o New Zealand
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 analysis: Drivers and Constraints, Product/Technology Analysis, Porter’s five forces analysis, SWOT analysis, etc.
- 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
Table of Contents
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 Pneumatic Tire Market, By Vehicle
5.1 Introduction
5.2 Agricultural Vehicles
5.3 Off-Road Vehicles
5.4 Low-Speed Electric Type
5.5 Two-Wheelers
5.5.1 Motorcycle/Motorbikes
5.5.2 Bicycle
5.6 Four-Wheelers
5.6.1 Commercial Vehicles
5.6.1.1 Buses
5.6.1.2 Trucks
5.6.2 Passenger Cars
5.7 Aircraft
5.8 Industrial Vehicles
6 Global Pneumatic Tire Market, By Product Type
6.1 Introduction
6.2 Radial Tires
6.3 Cross-ply Tires
7 Global Pneumatic Tire Market, By Tire Type
7.1 Introduction
7.2 Solid Pneumatic Tire
7.3 Air Pneumatic Tire
8 Global Pneumatic Tire Market, By Type
8.1 Introduction
8.2 Multi Utility Type
8.3 All Terrain Type
9 Global Pneumatic Tire Market, By Sales Channel
9.1 Introduction
9.2 Direct Channel
9.3 Distribution Channel
10 Global Pneumatic Tire Market, By Application
10.1 Introduction
10.2 Factories
10.3 Stations
10.4 Ports
10.5 Airports
10.6 Distribution Centers
11 Global Pneumatic Tire Market, By Raw Material
11.1 Introduction
11.2 Natural Rubber
11.3 Synthetic Rubber
11.4 Carbon Black
11.5 Steel Wire
11.6 Petrochemicals Reinforcing Materials
11.6.1 Fabric Cord and Wires
11.6.2 Steel
11.6.3 Polyester
11.6.4 Nylon
11.6.5 Rayon
12 Global Pneumatic Tire Market, By End User
12.1 Introduction
12.2 Replacement Tires
12.3 Original Equipment Manufacturer (OEM)
13 Global Pneumatic Tire Market, By Geography
13.1 Introduction
13.2 North America
13.2.1 US
13.2.2 Canada
13.2.3 Mexico
13.3 Europe
13.3.1 Germany
13.3.2 UK
13.3.3 Italy
13.3.4 France
13.3.5 Spain
13.3.6 Rest of Europe
13.4 Asia Pacific
13.4.1 Japan
13.4.2 China
13.4.3 India
13.4.4 Australia
13.4.5 New Zealand
13.4.6 South Korea
13.4.7 Rest of Asia Pacific
13.5 South America
13.5.1 Argentina
13.5.2 Brazil
13.5.3 Chile
13.5.4 Rest of South America
13.6 Middle East & Africa
13.6.1 Saudi Arabia
13.6.2 UAE
13.6.3 Qatar
13.6.4 South Africa
13.6.5 Rest of Middle East & Africa
14 Key Developments
14.1 Agreements, Partnerships, Collaborations and Joint Ventures
14.2 Acquisitions & Mergers
14.3 New Product Launch
14.4 Expansions
14.5 Other Key Strategies
15 Company Profiling
15.1 The Yokohama Rubber Co. Ltd.
15.2 The Goodyear Tire and Rubber Company
15.3 Sumitomo Rubber Industries Ltd.
15.4 Pirelli & C.S.p.A
15.5 Michelin
15.6 Kumho Tire Co., Inc.
15.7 Hankook Tire Co. Ltd.
15.8 Cooper Tire & Rubber Company
15.9 Continental AG
15.10 Bridgestone Corporation
List of Tables
1 Global Pneumatic Tire Market Outlook, By Region (2018-2027) ($MN)
2 Global Pneumatic Tire Market Outlook, By Vehicle (2018-2027) ($MN)
3 Global Pneumatic Tire Market Outlook, By Agricultural Vehicles (2018-2027) ($MN)
4 Global Pneumatic Tire Market Outlook, By Off-Road Vehicles (2018-2027) ($MN)
5 Global Pneumatic Tire Market Outlook, By Low-Speed Electric Type (2018-2027) ($MN)
6 Global Pneumatic Tire Market Outlook, By Two-Wheelers (2018-2027) ($MN)
7 Global Pneumatic Tire Market Outlook, By Motorcycle/Motorbikes (2018-2027) ($MN)
8 Global Pneumatic Tire Market Outlook, By Bicycle (2018-2027) ($MN)
9 Global Pneumatic Tire Market Outlook, By Four-Wheelers (2018-2027) ($MN)
10 Global Pneumatic Tire Market Outlook, By Commercial Vehicles (2018-2027) ($MN)
11 Global Pneumatic Tire Market Outlook, By Passenger Cars (2018-2027) ($MN)
12 Global Pneumatic Tire Market Outlook, By Aircraft (2018-2027) ($MN)
13 Global Pneumatic Tire Market Outlook, By Industrial Vehicles (2018-2027) ($MN)
14 Global Pneumatic Tire Market Outlook, By Product Type (2018-2027) ($MN)
15 Global Pneumatic Tire Market Outlook, By Radial Tires (2018-2027) ($MN)
16 Global Pneumatic Tire Market Outlook, By Cross-ply Tires (2018-2027) ($MN)
17 Global Pneumatic Tire Market Outlook, By Tire Type (2018-2027) ($MN)
18 Global Pneumatic Tire Market Outlook, By Solid Pneumatic Tire (2018-2027) ($MN)
19 Global Pneumatic Tire Market Outlook, By Air Pneumatic Tire (2018-2027) ($MN)
20 Global Pneumatic Tire Market Outlook, By Type (2018-2027) ($MN)
21 Global Pneumatic Tire Market Outlook, By Multi Utility Type (2018-2027) ($MN)
22 Global Pneumatic Tire Market Outlook, By All Terrain Type (2018-2027) ($MN)
23 Global Pneumatic Tire Market Outlook, By Sales Channel (2018-2027) ($MN)
24 Global Pneumatic Tire Market Outlook, By Direct Channel (2018-2027) ($MN)
25 Global Pneumatic Tire Market Outlook, By Distribution Channel (2018-2027) ($MN)
26 Global Pneumatic Tire Market Outlook, By Application (2018-2027) ($MN)
27 Global Pneumatic Tire Market Outlook, By Factories (2018-2027) ($MN)
28 Global Pneumatic Tire Market Outlook, By Stations (2018-2027) ($MN)
29 Global Pneumatic Tire Market Outlook, By Ports (2018-2027) ($MN)
30 Global Pneumatic Tire Market Outlook, By Airports (2018-2027) ($MN)
31 Global Pneumatic Tire Market Outlook, By Distribution Centers (2018-2027) ($MN)
32 Global Pneumatic Tire Market Outlook, By Raw Material (2018-2027) ($MN)
33 Global Pneumatic Tire Market Outlook, By Natural Rubber (2018-2027) ($MN)
34 Global Pneumatic Tire Market Outlook, By Synthetic Rubber (2018-2027) ($MN)
35 Global Pneumatic Tire Market Outlook, By Carbon Black (2018-2027) ($MN)
36 Global Pneumatic Tire Market Outlook, By Steel Wire (2018-2027) ($MN)
37 Global Pneumatic Tire Market Outlook, By Petrochemicals Reinforcing Materials (2018-2027) ($MN)
38 Global Pneumatic Tire Market Outlook, By Fabric Cord and Wires (2018-2027) ($MN)
39 Global Pneumatic Tire Market Outlook, By Steel (2018-2027) ($MN)
40 Global Pneumatic Tire Market Outlook, By Polyester (2018-2027) ($MN)
41 Global Pneumatic Tire Market Outlook, By Nylon (2018-2027) ($MN)
42 Global Pneumatic Tire Market Outlook, By Rayon (2018-2027) ($MN)
43 Global Pneumatic Tire Market Outlook, By End User (2018-2027) ($MN)
44 Global Pneumatic Tire Market Outlook, By Replacement Tires (2018-2027) ($MN)
45 Global Pneumatic Tire Market Outlook, By Original Equipment Manufacturer (OEM) (2018-2027) ($MN)
Note: Tables for North America, Europe, APAC, South America, and Middle East & Africa Regions are also represented in the same manner as above.
List of Figures
RESEARCH METHODOLOGY

We at ‘Stratistics’ opt for an extensive research approach which involves data mining, data validation, and data analysis. The various research sources include in-house repository, secondary research, competitor’s sources, social media research, client internal data, and primary research.
Our team of analysts prefers the most reliable and authenticated data sources in order to perform the comprehensive literature search. With access to most of the authenticated data bases our team highly considers the best mix of information through various sources to obtain extensive and accurate analysis.
Each report takes an average time of a month and a team of 4 industry analysts. The time may vary depending on the scope and data availability of the desired market report. The various parameters used in the market assessment are standardized in order to enhance the data accuracy.
Data Mining
The data is collected from several authenticated, reliable, paid and unpaid sources and is filtered depending on the scope & objective of the research. Our reports repository acts as an added advantage in this procedure. Data gathering from the raw material suppliers, distributors and the manufacturers is performed on a regular basis, this helps in the comprehensive understanding of the products value chain. Apart from the above mentioned sources the data is also collected from the industry consultants to ensure the objective of the study is in the right direction.
Market trends such as technological advancements, regulatory affairs, market dynamics (Drivers, Restraints, Opportunities and Challenges) are obtained from scientific journals, market related national & international associations and organizations.
Data Analysis
From the data that is collected depending on the scope & objective of the research the data is subjected for the analysis. The critical steps that we follow for the data analysis include:
- Product Lifecycle Analysis
- Competitor analysis
- Risk analysis
- Porters Analysis
- PESTEL Analysis
- SWOT Analysis
The data engineering is performed by the core industry experts considering both the Marketing Mix Modeling and the Demand Forecasting. The marketing mix modeling makes use of multiple-regression techniques to predict the optimal mix of marketing variables. Regression factor is based on a number of variables and how they relate to an outcome such as sales or profits.
Data Validation
The data validation is performed by the exhaustive primary research from the expert interviews. This includes telephonic interviews, focus groups, face to face interviews, and questionnaires to validate our research from all aspects. The industry experts we approach come from the leading firms, involved in the supply chain ranging from the suppliers, distributors to the manufacturers and consumers so as to ensure an unbiased analysis.
We are in touch with more than 15,000 industry experts with the right mix of consultants, CEO's, presidents, vice presidents, managers, experts from both supply side and demand side, executives and so on.
The data validation involves the primary research from the industry experts belonging to:
- Leading Companies
- Suppliers & Distributors
- Manufacturers
- Consumers
- Industry/Strategic Consultants
Apart from the data validation the primary research also helps in performing the fill gap research, i.e. providing solutions for the unmet needs of the research which helps in enhancing the reports quality.
For more details about research methodology, kindly write to us at info@strategymrc.com
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