2023 Automotive Tire Market Growing Trends, Top Players | Key Drivers And Demand Analysis Report


Posted August 27, 2023 by SushmithaTBRC

The global automotive tire market size grew from $125.85 billion in 2022 to $134.36 billion in 2023 at a compound annual growth rate (CAGR) of 6.8%.

 
The Automotive Tire Global Market Report 2023, provides comprehensive information on the automotive tire market across 60+ geographies in the seven regions - Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa for the 27 major global industries. The report covers a ten year historic period – 2010-2021, and a ten year forecast period – 2023-2032.

Learn More On The Automotive Tire Market’s Growth:
https://www.thebusinessresearchcompany.com/report/automotive-tire-global-market-report

As per The Business Research Company’s Automotive Tire Global Market Report 2023, the global automotive tire market size grew from $125.85 billion in 2022 to $134.36 billion in 2023 at a compound annual growth rate (CAGR) of 6.8%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The automotive tire market size is expected to grow to $176.22 billion in 2027 at a CAGR of 7.0%.

Get A Free Sample Of The Report (Includes Graphs And Tables):
https://www.thebusinessresearchcompany.com/sample.aspx?id=6527&type=smp

The automotive tire market is segmented:
1) By Rim Size: Less Than 15 Inches, 15 to 20 Inches, More Than 20 Inches
2) By Vehicle Type: Passenger Vehicle, Commercial Vehicle, Electric Vehicle
3) By Manufacturing: Radial Tire, Bias Tire
4) By Distribution Channel: Original Equipment Manufacturer (OEM), Aftermarket
5) By Season Type: Summer, Winter, All Seasons

Asia-Pacific was the largest region in the automotive tire market in 2022.

The table of contents in TBRC’s automotive tire market report includes:
1. Executive Summary
2. Automotive Tire Market Characteristics
3. Automotive Tire Market Trends And Strategies
4. Automotive Tire Market – Macro Economic Scenario
5. Automotive Tire Market Size And Growth
…..
26. Africa Automotive Tire Market
27. Automotive Tire Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Automotive Tire Market
29. Automotive Tire Market Future Outlook and Potential Analysis
30. Appendix

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The Business Research Company is a market intelligence firm that pioneers in market, company, and consumer research. TBRC’s specialist consultants are located globally and are experts in a wide range of industries that include healthcare, manufacturing, financial services, chemicals, and technology, with 6500+ reports. The firm has offices located in the UK, the US, and India, along with a network of proficient researchers in 28 countries. Through the report businesses can gain a thorough understanding of the market’s size, growth rate, major drivers and leading players.

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Issued By The Business Research Company
Country United States
Categories Industry , Reports , Research
Tags automotive tire market , automotive tire market size , automotive tire market share
Last Updated August 27, 2023