The global automotive tire market is projected to reach $306,098 million by 2022, growing at a CAGR of 7.6% during the forecast period. Automotive tire is circular shaped automobile component used to cover wheel’s rim externally to protect the wheel rim and enhance the vehicle performance. It also offers tractive force between the road surface and vehicle.

The market segmentation is based on type, vehicle type, and geography. By type, the market is classified into radial tire and bias tire. On the basis of vehicle type, it is categorized into passenger cars, light commercial vehicles, heavy commercial vehicles, and two wheeler. Geographically, it is analyzed across North America (U.S., Canada, and Mexico), Europe (Germany, France, Italy, UK, and rest of Europe), Asia-Pacific (China, Australia, Japan, India, and rest of Asia-Pacific), and LAMEA (Latin America, Middle East, and Africa).

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KEY BENEFITS

The report includes an extensive analysis of the factors that drive as well as restrain the world automotive tire market.
The market projections from 2014 to 2022 are included, along with the affecting factors.
The report also provides quantitative as well as qualitative trends to assist the stakeholders to understand the situations prevailing in the market.
Extensive analysis by vehicle type helps in understanding the various types of vehicles utilizing automotive tires in the vehicle.
Competitive intelligence highlights the business practices followed by leading market players across various geographies.
AUTOMOTIVE TIRE MARKET SEGMENTATION

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AUTOMOTIVE TIRE MARKET SEGMENTATION

BY TYPE
Radial Tire
Bias Tire
BY VEHICLE TYPE
Passenger Cars
Light Commercial Vehicles
Heavy Commercial Vehicles
Two Wheeler
BY GEOGRAPHY

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