The report Automotive Tire Market - Global Trends and Forecast to 2019;, defines and segments the automotive tire market with analysis and forecast of the global market size, in terms of volume and value.

Browse 61 market data tables and 47 figures spread through 200 pages and in-depth TOC on Automotive Tire Market) - Global Trends and Forecast to 2019

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The global automotive tire market is estimated to grow at a promising rate of 5.9% from 2014 to 2019 owing to growth in global vehicle production and sales volume. Asia-Oceania is estimated to be the largest market for automotive tires. China, Japan, and South Korea are the main contributors to the automotive tire market in Asia-Oceania. Several OEMs are expanding in Asia-Oceania to cater to the sizable demand for vehicles in the region.
However the racialization of tires is not 100% in commercial vehicles in China and India. India is estimated to be the biggest market for bias tires in Asia-Oceania region. North America is estimated to be the second largest market for tires, owing to the increased production of vehicles in the region.

The high demand for green tires, growth in commercial and passenger vehicles sales, and increasing level of tire racialization are the main drivers of the automotive tire market. The automotive tire market has witnessed decent growth in developing countries as well as developed ones. The global automotive tire market, in terms of volume, is estimated to be 500.4 million units in 2014. The automotive tire market is growing at a significant rate in North America and Asia-Oceania, while the European and Row markets are estimated to grow at a decent rate.

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The automotive tire market size, in terms of volume, is projected to grow at a CAGR of 5.9% from 2014 to 2019, to reach 666.6 million units by 2019. Eastern European and North American countries such as Mexico are potential markets owing to increasing production capacity. The automotive tire market is growing substantially in Asia-Oceania and RoW due to growing vehicle production and increasing racialization.
The global automotive tire market is dominated by major players such as Bridgestone Group (Japan), Continental Group (Germany), Goodyear Tire & Rubber Company (U.S.), Michelin Group (France), and Pirelli & C. S.p.A (Italy).

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