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Rubber Tire Market

Rubber Tire Market (Tire Type: Radial, Bias, and Solid; Vehicle Type; Rim Size and Sales Channel: OEM and Aftermarket) - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2021-2031

Manufacturers Reduce Stockpiling with Production Cuts during Coronavirus

Companies in the rubber tire market are facing rising inventories and are planning on production cuts during the coronavirus pandemic. As such, COVID-19 vaccines are anticipated to boost the demand for automobiles. Even Bridgestone Corporation is boosting its credibility credentials by offering US$ 100 incentive to the U.S.-based employees who choose to be vaccinated.

A major slump in the tire demand is affecting the growth of the rubber tire market. This has led to a sharp decline in natural rubber prices. Producers are working on strategies to reduce stockpiling by bringing into effect production cuts. As such, stock lifting from factories and transporting the same to auto manufacturers is taking place in a staggered manner. Thus, essential applications in agriculture tractors, construction vehicles, and public transport vehicles are helping to keep economies running during the COVID-19 crisis.

global rubber tire market segmentation

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Radial Tire V/S Bias Tire: Which is Better for Agriculture Tractors?

Bias tires, also known as diagonal tires, offer smooth ride on rough surfaces with enhanced operator comfort whilst withstanding higher loads. However, durability, increased traction, and productivity of radial tires are grabbing the attention of manufacturers in the rubber tire market and farmers alike.

Radial tires enable construction that allows the sidewall and tread to function independently. Hence, Firestone Tire and Rubber Company is capitalizing on this opportunity to boost its production of radial tires for tractors to lend flexibility and strength to tires, resulting in increased durability and improved tread wear.

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Highly Versatile Pneumatic Tires Gain Prominence in Forklifts

There is a growing demand to improve the efficiency and productivity of forklifts to cast a positive impact on the operation’s bottom line. Yokohama, a Japan-based rubber and tire company, is increasing its production capabilities in pneumatic radial, pneumatic bias, resilient solid tires, and press-on band tires to meet client specifications.

Pneumatic radial tires are superior in dissipating heat, and have set the gold standard for forklift tires used at bustling construction sites, busy warehouses, and fast-paced ports. Pneumatic bias and radial tires are being highly publicized for jobs in tough terrain, and provide more ground clearance than press-on band tires.

Airless Tires Being Touted as Future of Mobility with Reduced Maintenance Specifications

Airless tires are a breakthrough innovation in the rubber tire market. Michelin Group, a France-based multinational tire manufacturing company, has gained recognition for its new UPTIS puncture-proof airless prototype at the Tire Technology Expo Conference. New mobility needs and growing environmental challenges in the automotive industry have compelled manufacturers in the rubber tire market to innovate in airless tires.

The automotive industry is undergoing an unprecedented transformation giving rise to innovation in sustainable mobility. Airless tires are an innovative puncture-proof solution to replace conventional rubber tires in passenger vehicles. Companies in the rubber tire market are making use of high-tech materials to develop airless tires that serve the area of energy efficiency, reduce maintenance, and lower material consumption.

Bias Tires Incorporate Cut and Chip Resistance Compound for Extended Tire Life

Companies in the rubber tire market are boosting their output capacities to design bias tires built for loaders. GRI Tires, a leading manufacturer of specialty tires in Sri Lanka, is expanding its product portfolio in bias tires with multi-directional tread pattern that help to provide excellent traction in loaders for all terrain applications. Manufacturers are increasing the availability of bias tires that offer better fuel economy and ensure excellent surface-cleaning properties.

Strong casing and wide curb rib is preferred in bias tires. Manufacturers in the rubber tire market are developing bias tires that deploy impact resistance in heavy-duty operations and establish high productivity. They are incorporating cut and chip resistance compound to extend tire life.

global rubber tire market infographic

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Analysts’ Viewpoint

Even though the prices of natural rubber dropped during the coronavirus pandemic, lack of labor and restrictions in transport services are affecting business activities in India. The rubber tire market is expected to expand at a modest CAGR of ~4% during the forecast period. This is evident since even though pneumatic tires are known for their versatility, they require more upkeep compared to its equivalent solid tires and press-on band tires in forklifts. Thus, to offset the disadvantages of pneumatic tires, manufacturers should create awareness about appropriate inflation pressure to ensure optimum performance of pneumatic tires in forklifts. Next-gen airless tires are anticipated to witness high sales, owing to low maintenance and material consumption advantages.

Rubber Tire Market: Overview

  • The global rubber tire market is anticipated to expand at a CAGR of ~4% during the forecast period, owing to increased industrialization across the globe. Economic expansion has propelled the investment for the improvement of infrastructure across the globe, specifically across developing countries that are witnessing heavy construction of roads, railways, and industries. Rising demand for industrial products is boosting the development of new industries. Moreover, expansion of existing industries is propelling the market for construction equipment.
  • Rapid urbanization across the globe is likely to boost the rubber tire market significantly, due to increase in construction activities where heavy commercial and construction vehicles are in high demand. In May 2018, The United Nations stated in a press release that 55% of the global population resides in urban areas, which is anticipated to reach 68% by 2050. Thus, urbanization has boosted the number of vehicles on streets and construction activities, which increases the demand for commercial vehicles and subsequently, is estimated to boost the rubber tire market across the globe.

Drivers of Rubber Tire Market

  • Rise in demand for utility vehicles across the globe is likely to increase the demand for rubber tires. Last mile deliveries and advent of eCommerce have fueled road transportation traffic. Increase in number of miles driven by trucks is boosting the demand for rubber tires across the globe.
  • Increase in awareness among consumers regarding vehicle maintenance, adoption of tire monitoring systems by fleet managers, and expansion of retailer and dealers network in rural areas are projected to drive the rubber tire market during the forecast period
  • Global economic expansion, development of road infrastructure, and increase in number of cross-border and long haul freight transport are boosting the demand for rubber tires. The extensive spread of the pandemic across the globe is prompting consumers to own a new vehicle, which is likely to drive the sales of vehicles and consequently, propel the demand for rubber tires across the globe.

Challenges for Rubber Tire Market

  • The COVID-19 pandemic has caused a majority of businesses across the globe to crumble, owing to forced shutdown of production and manufacturing activities. This has led the global economy to contract to its lowest growth rate. Majority of businesses in every industry are codependent and part of major supply chain in the market. Disruption in supply chain attributing to stoppage of transportation and shipping services, and reduced demand for vehicles across the globe have led the global automotive industry to contract in Q1 and Q2 of 2020.
  • Raw material prices usually represent 35% of the tire cost. Thus, volatility in raw material prices severely affect the costing of the rubber tire. Prices of raw material, such as natural rubber and synthetic rubber, are volatile due to shortage of natural rubber cultivation or rise in Brent crude price.

Segmentation of Rubber Tire Market

  • The global rubber tire market has been segmented based on tire type, vehicle type, rim size, sales channel, and region
  • Based on tire type, the radial segment held a prominent share of the global rubber tire market in 2020, due to their use in passenger vehicles and the presence of large number of passenger vehicles on road. The bias tires held a significant share of the market, due to the preference of fitting bias tires in construction & mining vehicles & agriculture tractors, owing to their low price and thicker sidewalls. The solid segment is expected to expand at a steady pace due to their demand from the industrial sector in small construction vehicles. Increased sales of forklifts is anticipated to boost the demand for solid tires.
  • Based on vehicle type, the passenger vehicle segment held a prominent share of the global rubber tire market. The passenger vehicle segment is likely to expand at a steady pace during the forecast period, due to rising purchase power parity of society, which, in turn, is fueling consumer demand for vehicles. Increased demand for commercial vehicles in developing countries is estimated to further propel the production of light commercial vehicles and trucks & buses, thereby boosting the demand for rubber tires.

Rubber Tire Market: Regional Analysis

  • Based on region, the global rubber tire market has been segregated into North America, Asia Pacific, Europe, Latin America, and Middle East & Africa
  • Asia Pacific accounted for a prominent share of the rubber tire market in 2020. High usage of agriculture tractors in China and India has caused Asia Pacific to dominate the global market. Asia Pacific is followed by Europe and North America with high demand for rubber tires in these regions. Rise in construction activities in GCC countries and expansion of the mining industry in South Africa are anticipated to boost the demand for rubber tires, which, in turn, is projected to propel the rubber tire market of Middle East & Africa during the forecast period.

Rubber Tire Market: Competition Landscape

  • Key players operating in the global rubber tire market include
    • Apollo Tyres Ltd.
    • Bridgestone Corporation
    • CEAT Ltd.
    • China National Tire & Rubber Co., Ltd
    • Continental AG
    • Cooper Tire & Rubber Company
    • Giti Tire
    • Hangzhou Zhongce Rubber Co., Ltd.
    • Hankook Tire
    • Kumho Tire Co., Inc.
    • MICHELIN
    • Nexen Tire Corporation
    • Nokian Tyres plc
    • Pirelli & C. S.p.A.
    • Qingdao Fullrun Tyre Corp., Ltd.
    • Sumitomo Rubber Industries, Ltd.
    • The Goodyear Tire & Rubber Company
    • Toyo Tire & Rubber Co., Ltd.
    • Trelleborg AB
    • Yokohama Tire Corporation
  • Key players operating at the global level are expanding their footprint by engaging in mergers and acquisitions with several players in the industry. On January 17, 2019, Continental AG announced a partnership with Finland-based agricultural machinery manufacturer Valtra. The company is supporting the 5th annual Valtra Smart Tour. At the tour, Valtra tractors are expected to be equipped with Continental tires.

Rubber Tire Market – Segmentation

This report on the rubber tire market provides information on the basis of tire type, vehicle type, rim size, sales channel, and region.

Tire Type
  • Radial
  • Bias
  • Solid
Vehicle Type
  • Passenger Vehicle
  • Light Commercial Vehicle
  • Truck & Bus
  • Construction & Mining Vehicle
  • Agriculture Tractor
  • Industrial Vehicle
  • Motorcycle & Scooter
Rim Size
  • <11’’
  • 12’’-17’’
  • 18’’-21’’
  • 22’’-25’’
  • 29’’-49’’
  • 51’’-63’’
Sales Channel
  • OEM
  • Aftermarket
Region
  • North America
  • Europe
  • Asia Pacific
  • Middle East & Africa
  • Latin America

This study also discusses the underlying trends and impact of various factors that are driving the rubber tire market, along with their influence on the evolution of the market.

This study also offers Porter’s Five Point Analysis, value chain analysis, regulatory scenario, and a SWOT analysis of the rubber tire market in order to elaborate the crucial growth tactics and opportunities for market players contributing to the market.

Rubber Tire Market

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Frequently Asked Questions

At What CAGR Rubber Tire Market predicted to grow during the Forecast Period?

Rubber Tire Market Predicted to 4% CAGR during the Forecast Period.

What is The Forecast Period of Rubber Tire Market?

Rubber Tire Market Forecast Till 2031

Who Are The Players Involved In The Rubber Tire Market?

The Players Involved in the Rubber Tire Market are Apollo Tyres Ltd., Bridgestone Corporation, CEAT Ltd., China National Tire & Rubber Co., Ltd, and others.

What are the key factors driving the Rubber Tire Market?

Rise in demand for utility vehicles across the globe is likely to increase the demand for rubber tires.

What Would Be The Valuation Of The Rubber Tire Market By 2031?

The Rubber Tire Market Would be of US$ 209 Bn By 2031

1. Executive Summary : Global Rubber Tire Market 

    1.1. Global Rubber Tire Market Volume (Million Units) and Value (US$ Mn), 2017-2031

2. Market Overview

    2.1. Introduction

    2.2. Global Market – Macro Economic Factors

    2.3. Industry Dynamics

    2.4. Market Dynamics

        2.4.1. Drivers

        2.4.2. Restraints

        2.4.3. Opportunity

        2.4.4. Impact Analysis of Drivers and Restraints

    2.5. Market Factor Analysis

        2.5.1. Porter’s Five Force Analysis

        2.5.2. PESTEL Analysis

        2.5.3. Value Chain Analysis

            2.5.3.1. List of Key Manufacturers

            2.5.3.2. List of Customers

            2.5.3.3. Level of Integration

        2.5.4. SWOT Analysis

    2.6. Regulatory Scenario

    2.7. Key Industry Development

    2.8. Key Industry Trends

3. Global Rubber Tire Market Analysis and Forecast, by Tire Type

    3.1. Definition

    3.2. Market Snapshot

    3.3. Global Rubber Tire Market Volume (Million Units) & Value (US$ Mn) Forecast, by Tire Type, 2017-2031

        3.3.1. Radial

        3.3.2. Bias

        3.3.3. Solid

4. Global Rubber Tire Market Analysis and Forecast, by Vehicle Type

    4.1. Definition

    4.2. Market Snapshot

    4.3. Global Rubber Tire Market Volume (Million Units) & Value (US$ Mn) Forecast, by Vehicle Type, 2017-2031

        4.3.1. Passenger Vehicle

        4.3.2. Light Commercial Vehicle

        4.3.3. Truck & Bus

        4.3.4. Construction & Mining Vehicle

        4.3.5. Agriculture Tractor

        4.3.6. Industrial Vehicle

        4.3.7. Motorcycle & Scooters

5. Global Rubber Tire Market Analysis and Forecast, by Rim Size

    5.1. Definition

    5.2. Market Snapshot

    5.3. Global Rubber Tire Market Volume (Million Units) & Value (US$ Mn) Forecast, by Rim Size, 2017-2031

        5.3.1. <11”

        5.3.2. 12-17”

        5.3.3. 18-21”

        5.3.4. 22-25”

        5.3.5. 29-49”

        5.3.6. 51-63”

6. Global Rubber Tire Market Analysis and Forecast, by Sales Channel

    6.1. Definition

    6.2. Market Snapshot

    6.3. Global Rubber Tire Market Volume (Million Units) & Value (US$ Mn) Forecast, by Sales Channel, 2017-2031

        6.3.1. OEM

        6.3.2. Aftermarket

7. Global Rubber Tire Market Analysis and Forecast, by Region

    7.1. Market Snapshot

    7.2. Global Rubber Tire Market Volume (Million Units) & Value (US$ Mn) Forecast, by Region, 2017-2031

        7.2.1. North America

        7.2.2. Europe

        7.2.3. Asia Pacific

        7.2.4. Middle East & Africa

        7.2.5. Latin America

8. North America Rubber Tire Market Volume (Million Units) & Value (US$ Mn) Forecast, 2017-2031

    8.1. Market Snapshot

    8.2. North America Rubber Tire Market Volume (Million Units) & Value (US$ Mn) Forecast, by Tire Type

        8.2.1. Radial

        8.2.2. Bias

        8.2.3. Solid

    8.3. North America Rubber Tire Market Volume (Million Units) & Value (US$ Mn) Forecast, by Vehicle Type 

        8.3.1. Passenger Vehicle

        8.3.2. Light Commercial Vehicle

        8.3.3. Truck & Bus

        8.3.4. Construction & Mining Vehicle

        8.3.5. Agriculture Tractor

        8.3.6. Industrial Vehicle

        8.3.7. Motorcycle & Scooter

    8.4. North America Rubber Tire Market Volume (Million Units) & Value (US$ Mn) Forecast, by Rim Size, 2017-2031

        8.4.1. <11”

        8.4.2. 18-21”

        8.4.3. 22-25”

        8.4.4. 29-49”

        8.4.5. 51-63”

    8.5. North America Rubber Tire Market Volume (Million Units) & Value (US$ Mn) Forecast, by Sales Channel

        8.5.1. OEM

        8.5.2. Aftermarket

    8.6. North America Rubber Tire Market Volume (Million Units) & Value (US$ Mn) Forecast, by Country

        8.6.1. U.S.

        8.6.2. Canada

9. Europe Rubber Tire Market Volume (Million Units) & Value (US$ Mn) Forecast, 2017-2031

    9.1. Market Snapshot

    9.2. Europe Rubber Tire Market Volume (Million Units) & Value (US$ Mn) Forecast, by Tire Type

        9.2.1. Radial

        9.2.2. Bias

        9.2.3. Solid

    9.3. Europe Rubber Tire Market Volume (Million Units) & Value (US$ Mn) Forecast, by Vehicle Type 

        9.3.1. Passenger Vehicle

        9.3.2. Light Commercial Vehicle

        9.3.3. Truck & Bus

        9.3.4. Construction & Mining Vehicle

        9.3.5. Agriculture Tractor

        9.3.6. Industrial Vehicle

        9.3.7. Motorcycle & Scooters

    9.4. Europe Rubber Tire Market Volume (Million Units) & Value (US$ Mn) Forecast, by Rim Size, 2017-2031

        9.4.1. <11”

        9.4.2. 12-17”

        9.4.3. 18-21”

        9.4.4. 22-25”

        9.4.5. 29-49”

        9.4.6. 51-63”

    9.5. Europe  Rubber Tire Market Volume (Million Units) & Value (US$ Mn) Forecast, by Sales Channel

        9.5.1. OEM

        9.5.2. Aftermarket

    9.6. Europe Rubber Tire Market Volume (Million Units) & Value (US$ Mn) Forecast, by Country and Sub-region

        9.6.1. Germany

        9.6.2. U.K.

        9.6.3. France

        9.6.4. Italy

        9.6.5. Spain

        9.6.6. Nordic Countries

        9.6.7. Russia & CIS

        9.6.8. Rest of Europe

10. Asia Pacific Rubber Tire Market Volume (Million Units) & Value (US$ Mn) Forecast, 2017-2031

    10.1. Market Snapshot

    10.2. Asia Pacific Rubber Tire Market Volume (Million Units) & Value (US$ Mn) Forecast, by Tire Type

        10.2.1. Radial

        10.2.2. Bias

        10.2.3. Solid

    10.3. Asia Pacific Rubber Tire Market Volume (Million Units) & Value (US$ Mn) Forecast, by Vehicle Type 

        10.3.1. Passenger Vehicle

        10.3.2. Light Commercial Vehicle

        10.3.3. Truck & Bus

        10.3.4. Construction & Mining Vehicle

        10.3.5. Agriculture Tractor

        10.3.6. Industrial Vehicle

        10.3.7. Motorcycle & Scooters

    10.4. Asia Pacific Rubber Tire Market Volume (Million Units) & Value (US$ Mn) Forecast, by Rim Size, 2017-2031

        10.4.1. <11”

        10.4.2. 12-17”

        10.4.3. 18-21”

        10.4.4. 22-25”

        10.4.5. 29-49”

        10.4.6. 51-63”

    10.5. Asia Pacific  Rubber Tire Market Volume (Million Units) & Value (US$ Mn) Forecast, by Sales Channel

        10.5.1. OEM

        10.5.2. Aftermarket

    10.6. Asia Pacific Rubber Tire Market Volume (Million Units) & Value (US$ Mn) Forecast, by Country and Sub-region

        10.6.1. China

        10.6.2. India

        10.6.3. Japan

        10.6.4. South Korea

        10.6.5. ANZ

        10.6.6. ASEAN

        10.6.7. Rest of Asia Pacific

11. Middle East & Africa Rubber Tire Market Volume (Million Units) & Value (US$ Mn) Forecast, 2017-2031

    11.1. Market Snapshot

    11.2. Middle East & Africa Rubber Tire Market Volume (Million Units) & Value (US$ Mn) Forecast, by Tire Type

        11.2.1. Radial

        11.2.2. Bias

        11.2.3. Solid

    11.3. Middle East & Africa Rubber Tire Market Volume (Million Units) & Value (US$ Mn) Forecast, by Vehicle Type 

        11.3.1. Passenger Vehicle

        11.3.2. Light Commercial Vehicle

        11.3.3. Truck & Bus

        11.3.4. Construction & Mining Vehicle

        11.3.5. Agriculture Tractor

        11.3.6. Industrial Vehicle

        11.3.7. Motorcycle & Scooters

    11.4. Middle East & Africa Rubber Tire Market Volume (Million Units) & Value (US$ Mn) Forecast, by Rim Size, 2017-2031

        11.4.1. <11”

        11.4.2. 12-17”

        11.4.3. 18-21”

        11.4.4. 22-25”

        11.4.5. 29-49”

        11.4.6. 51-63”

    11.5. Middle East & Africa  Rubber Tire Market Volume (Million Units) & Value (US$ Mn) Forecast, by Sales Channel

        11.5.1. OEM

        11.5.2. Aftermarket

    11.6. Middle East & Africa Rubber Tire Market Volume (Million Units) & Value (US$ Mn) Forecast, by Country and Sub-region

        11.6.1. GCC

        11.6.2. South Africa

        11.6.3. Rest of Middle East & Africa

12. Latin America Rubber Tire Market Volume (Million Units) & Value (US$ Mn) Forecast, 2017-2031

    12.1. Market Snapshot

    12.2. Latin America Rubber Tire Market Volume (Million Units) & Value (US$ Mn) Forecast, by Tire Type

        12.2.1. Radial

        12.2.2. Bias

        12.2.3. Solid

    12.3. Latin America Rubber Tire Market Volume (Million Units) & Value (US$ Mn) Forecast, by Vehicle Type

        12.3.1. Passenger Vehicle

        12.3.2. Light Commercial Vehicle

        12.3.3. Truck & Bus

        12.3.4. Construction & Mining Vehicle

        12.3.5. Agriculture Tractor

        12.3.6. Industrial Vehicle

        12.3.7. Motorcycle & Scooters

    12.4. Latin America Rubber Tire Market Volume (Million Units) & Value (US$ Mn) Forecast, by Rim Size, 2017-2031

        12.4.1. <11”

        12.4.2. 12-17”

        12.4.3. 18-21”

        12.4.4. 22-25”

        12.4.5. 29-49”

        12.4.6. 51-63”

    12.5. Latin America Rubber Tire Market Volume (Million Units) & Value (US$ Mn) Forecast, by Sales Channel

        12.5.1. OEM

        12.5.2. Aftermarket

    12.6. Latin America Rubber Tire Market Volume (Million Units) & Value (US$ Mn) Forecast, by Country and Sub-region

        12.6.1. Brazil

        12.6.2. Mexico

        12.6.3. Rest of Latin America

13. Competition Landscape

    13.1. Market Analysis By Company (2019)

    13.2. Market Player – Competition Matrix (By Tier and Size of companies)

    13.3. Key Market Players (Details – Overview, Recent Developments, Strategy)

        13.3.1. Apollo Tyres Ltd. 

            13.3.1.1. Overview

            13.3.1.2. Recent Developments

            13.3.1.3. Strategy

        13.3.2. Bridgestone Corporation 

            13.3.2.1. Overview

            13.3.2.2. Recent Developments

            13.3.2.3. Strategy

        13.3.3. CEAT Ltd. 

            13.3.3.1. Overview

            13.3.3.2. Recent Developments

            13.3.3.3. Strategy

        13.3.4. China National Tire & Rubber Co., Ltd.

            13.3.4.1. Overview

            13.3.4.2. Recent Developments

            13.3.4.3. Strategy

        13.3.5. Continental AG 

            13.3.5.1. Overview

            13.3.5.2. Recent Developments

            13.3.5.3. Strategy

        13.3.6. Cooper Tire & Rubber Company 

            13.3.6.1. Overview

            13.3.6.2. Recent Developments

            13.3.6.3. Strategy

        13.3.7. Giti Tire 

            13.3.7.1. Overview

            13.3.7.2. Recent Developments

            13.3.7.3. Strategy

        13.3.8. Hangzhou Zhongce Rubber Co., Ltd.  

            13.3.8.1. Overview

            13.3.8.2. Recent Developments

            13.3.8.3. Strategy

        13.3.9. Hankook Tire  

            13.3.9.1. Overview

            13.3.9.2. Recent Developments

            13.3.9.3. Strategy

        13.3.10. Kumho Tire Co., Inc. 

            13.3.10.1. Overview

            13.3.10.2. Recent Developments

            13.3.10.3. Strategy

        13.3.11. MICHELIN 

            13.3.11.1. Overview

            13.3.11.2. Recent Developments

            13.3.11.3. Strategy

        13.3.12. Nexen Tire Corporation

            13.3.12.1. Overview

            13.3.12.2. Recent Developments

            13.3.12.3. Strategy

        13.3.13. Nokian Tyres plc

            13.3.13.1. Overview

            13.3.13.2. Recent Developments

            13.3.13.3. Strategy

        13.3.14. Pirelli & C. S.p.A.

            13.3.14.1. Overview

            13.3.14.2. Recent Developments

            13.3.14.3. Strategy

        13.3.15. Qingdao Fullrun Tyre Corp., Ltd

            13.3.15.1. Overview

            13.3.15.2. Recent Developments

            13.3.15.3. Strategy

        13.3.16. Sumitomo Rubber Industries, Ltd.

            13.3.16.1. Overview

            13.3.16.2. Recent Developments

            13.3.16.3. Strategy

        13.3.17. The Goodyear Tire & Rubber Company

            13.3.17.1. Overview

            13.3.17.2. Recent Developments

            13.3.17.3. Strategy

        13.3.18. Toyo Tire & Rubber Co., Ltd.

            13.3.18.1. Overview

            13.3.18.2. Recent Developments

            13.3.18.3. Strategy

        13.3.19. Trelleborg AB 

            13.3.19.1. Overview

            13.3.19.2. Recent Developments

            13.3.19.3. Strategy

        13.3.20. Yokohama Tire Corporation

            13.3.20.1. Overview

            13.3.20.2. Recent Developments

            13.3.20.3. Strategy

List of Tables

Table 1: Global Rubber Tire Market Volume (Million Units) Forecast, by Tire Type, 2017-2031

Table 2: Global Rubber Tire Market Value (US$ Mn) Forecast, by Tire Type, 2017-2031

Table 3: Global Rubber Tire Market Volume (Million Units) Forecast, by Rim Size, 2017-2031

Table 4: Global Rubber Tire Market Value (US$ Mn) Forecast, by Rim Size, 2017-2031

Table 5: Global Rubber Tire Market Volume (Million Units) Forecast, by Vehicle Type, 2017-2031

Table 6: Global Rubber Tire Market Value (US$ Mn) Forecast, by Vehicle Type, 2017-2031

Table 7: Global Rubber Tire Market Volume (Million Units) Forecast, by Sales Channel, 2017-2031

Table 8: Global Rubber Tire Market Value (US$ Mn) Forecast, by Sales Channel, 2017-2031

Table 9: Global Rubber Tire Market Volume (Million Units) Forecast, by Region, 2017-2031

Table 10: Global Rubber Tire Market Value (US$ Mn) Forecast, by Region, 2017-2031

Table 11: North America Rubber Tire Market Volume (Million Units) Forecast, by Tire Type, 2017-2031

Table 12: North America Rubber Tire Market Value (US$ Mn) Forecast, by Tire Type, 2017-2031

Table 13: North America Rubber Tire Market Volume (Million Units) Forecast, by Rim Size, 2017-2031

Table 14: North America Rubber Tire Market Value (US$ Mn) Forecast, by Rim Size, 2017-2031

Table 15: North America Rubber Tire Market Volume (Million Units) Forecast, by Vehicle Type, 2017-2031

Table 16: North America Rubber Tire Market Value (US$ Mn) Forecast, by Vehicle Type, 2017-2031

Table 17: North America Rubber Tire Market Volume (Million Units) Forecast, by Sales Channel, 2017-2031

Table 18: North America Rubber Tire Market Value (US$ Mn) Forecast, by Sales Channel, 2017-2031

Table 19: North America Rubber Tire Market Volume (Million Units) Forecast, by Country, 2017-2031

Table 20: North America Rubber Tire Market Value (US$ Mn) Forecast, by Country, 2017-2031

Table 21: Europe Rubber Tire Market Volume (Million Units) Forecast, by Tire Type, 2017-2031

Table 22: Europe Rubber Tire Market Value (US$ Mn) Forecast, by Tire Type, 2017-2031

Table 23: Europe Rubber Tire Market Volume (Million Units) Forecast, by Rim Size, 2017-2031

Table 24: Europe Rubber Tire Market Value (US$ Mn) Forecast, by Rim Size, 2017-2031

Table 25: Europe Rubber Tire Market Volume (Million Units) Forecast, by Vehicle Type, 2017-2031

Table 26: Europe Rubber Tire Market Value (US$ Mn) Forecast, by Vehicle Type, 2017-2031

Table 27: Europe Rubber Tire Market Volume (Million Units) Forecast, by Country and Sub-region, 2017-2031

Table 28: Europe Rubber Tire Market Value (US$ Mn) Forecast, by Country and Sub-region, 2017-2031

Table 29: Asia Pacific Rubber Tire Market Volume (Million Units) Forecast, by Tire Type, 2017-2031

Table 30: Asia Pacific Rubber Tire Market Value (US$ Mn) Forecast, by Tire Type, 2017-2031

Table 31: Asia Pacific Rubber Tire Market Volume (Million Units) Forecast, by Rim Size, 2017-2031

Table 32: Asia Pacific Rubber Tire Market Value (US$ Mn) Forecast, by Rim Size, 2017-2031

Table 33: Asia Pacific Rubber Tire Market Volume (Million Units) Forecast, by Vehicle Type, 2017-2031

Table 34: Asia Pacific Rubber Tire Market Value (US$ Mn) Forecast, by Vehicle Type, 2017-2031

Table 35: Asia Pacific Rubber Tire Market Volume (Million Units) Forecast, by Sales Channel, 2017-2031

Table 36: Asia Pacific Rubber Tire Market Value (US$ Mn) Forecast, by Sales Channel, 2017-2031

Table 37: Asia Pacific Rubber Tire Market Volume (Million Units) Forecast, by Country and Sub-region, 2017-2031

Table 38: Asia Pacific Rubber Tire Market Value (US$ Mn) Forecast, by Country and Sub-region, 2017-2031

Table 39: Middle East & Africa Rubber Tire Market Volume (Million Units) Forecast, by Tire Type, 2017-2031

Table 40: Middle East & Africa Rubber Tire Market Value (US$ Mn) Forecast, by Tire Type, 2017-2031

Table 41: Middle East & Africa Rubber Tire Market Volume (Million Units) Forecast, by Rim Size, 2017-2031

Table 42: Middle East & Africa Rubber Tire Market Value (US$ Mn) Forecast, by Rim Size, 2017-2031

Table 43: Middle East & Africa Rubber Tire Market Volume (Million Units) Forecast, by Vehicle Type, 2017-2031

Table 44: Middle East & Africa Rubber Tire Market Value (US$ Mn) Forecast, by Vehicle Type, 2017-2031

Table 45: Middle East & Africa Rubber Tire Market Volume (Million Units) Forecast, by Sales Channel, 2017-2031

Table 46: Middle East & Africa Rubber Tire Market Value (US$ Mn) Forecast, by Sales Channel, 2017-2031

Table 47: Middle East & Africa Rubber Tire Market Volume (Million Units) Forecast, by Country and Sub-region, 2017-2031

Table 48: Middle East & Africa Rubber Tire Market Value (US$ Mn) Forecast, by Country and Sub-region, 2017-2031

Table 49: Latin America Rubber Tire Market Volume (Million Units) Forecast, by Tire Type, 2017-2031

Table 50: Latin America Rubber Tire Market Value (US$ Mn) Forecast, by Tire Type, 2017-2031

Table 51: Latin America Rubber Tire Market Volume (Million Units) Forecast, by Rim Size, 2017-2031

Table 52: Latin America Rubber Tire Market Value (US$ Mn) Forecast, by Rim Size, 2017-2031

Table 53: Latin America Rubber Tire Market Volume (Million Units) Forecast, by Vehicle Type, 2017-2031

Table 54: Latin America Rubber Tire Market Value (US$ Mn) Forecast, by Vehicle Type, 2017-2031

Table 55: Latin America Rubber Tire Market Volume (Million Units) Forecast, by Sales Channel, 2017-2031

Table 56: Latin America Rubber Tire Market Value (US$ Mn) Forecast, by Sales Channel, 2017-2031

Table 57: Latin America Rubber Tire Market Volume (Million Units) Forecast, by Country and Sub-region, 2017-2031

Table 58: Latin America Rubber Tire Market Value (US$ Mn) Forecast, by Country and Sub-region, 2017-2031

List of Figures

Figure 1: Global Rubber Tire Market Value (US$ Mn) Projection, by Tire Type, 2017-2031

Figure 2: Global Rubber Tire Market, US$ Mn, Incremental Opportunity, by Tire Type, 2021-2031

Figure 3: Global Rubber Tire Market Value (US$ Mn) Projection, by Rim Size, 2017-2031

Figure 4: Global Rubber Tire Market Share Analysis, by Rim Size, 2020 and 2031

Figure 5: Global Rubber Tire Market, US$ Mn, Incremental Opportunity, by Rim Size, 2021-2031

Figure 6: Global Rubber Tire Market Value (US$ Mn) Projection, by Vehicle Type, 2017-2031

Figure 7: Global Rubber Tire Market, US$ Mn, Incremental Opportunity, by Vehicle Type, 2021-2031

Figure 8: Global Rubber Tire Market Value (US$ Mn) Projection, by Sales Channel, 2017-2031

Figure 9: Global Rubber Tire Market, US$ Mn, Incremental Opportunity, by Sales Channel, 2021-2031

Figure 10: Global Rubber Tire Market Value (US$ Mn) Projection by Region, 2017-2031

Figure 11: Global Rubber Tire Market Share Analysis, by Region, 2020 and 2031

Figure 12: Global Rubber Tire Market, US$ Mn, Incremental Opportunity, by Region, 2021-2031

Figure 13: North America Rubber Tire Market Value (US$ Mn) Projection, by Tire Type, 2017-2031

Figure 14: North America Rubber Tire Market, US$ Mn, Incremental Opportunity, by Tire Type, 2021-2031

Figure 15: North America Rubber Tire Market Value (US$ Mn) Projection, by Rim Size, 2017-2031

Figure 16: North America Rubber Tire Market, US$ Mn, Incremental Opportunity, by Rim Size, 2021-2031

Figure 17: North America Rubber Tire Market Value (US$ Mn) Projection, by Vehicle Type, 2017-2031

Figure 18: North America Rubber Tire Market, US$ Mn, Incremental Opportunity, by Vehicle Type, 2021-2031

Figure 19: North America Rubber Tire Market Value (US$ Mn) Projection, by Sales Channel, 2017-2031

Figure 20: North America Rubber Tire Market, US$ Mn, Incremental Opportunity, by Sales Channel, 2021-2031

Figure 21: North America Rubber Tire Market Value (US$ Mn) Projection by Country, 2017-2031

Figure 22: North America Rubber Tire Market Share Analysis, by Country, 2020 and 2031

Figure 23: North America Rubber Tire Market, US$ Mn, Incremental Opportunity, by Country, 2021-2031

Figure 24: Europe Rubber Tire Market Value (US$ Mn) Projection, by Tire Type, 2017-2031

Figure 25: Europe Rubber Tire Market, US$ Mn, Incremental Opportunity, by Tire Type, 2021-2031

Figure 26: Europe Rubber Tire Market Value (US$ Mn) Projection, by Rim Size, 2017-2031

Figure 27: Europe Rubber Tire Market, US$ Mn, Incremental Opportunity, by Rim Size, 2021-2031

Figure 28: Europe Rubber Tire Market Value (US$ Mn) Projection, by Vehicle Type, 2017-2031

Figure 29: Europe Rubber Tire Market, US$ Mn, Incremental Opportunity, by Vehicle Type, 2021-2031

Figure 30: Europe Rubber Tire Market Value (US$ Mn) Projection, by Sales Channel, 2017-2031

Figure 31: Europe Rubber Tire Market, US$ Mn, Incremental Opportunity, by Sales Channel, 2021-2031

Figure 32: Europe Rubber Tire Market Value (US$ Mn) Projection by Country and Sub-region, 2017-2031

Figure 33: Europe Rubber Tire Market Share Analysis, by Country and Sub-region, 2020 and 2031

Figure 34: Europe Rubber Tire Market, US$ Mn, Incremental Opportunity, by Country and Sub-region 2021-2031

Figure 35: Asia Pacific Rubber Tire Market Value (US$ Mn) Projection, by Tire Type, 2017-2031

Figure 36: Asia Pacific Rubber Tire Market, US$ Mn, Incremental Opportunity, by Tire Type, 2021-2031

Figure 37: Asia Pacific Rubber Tire Market Value (US$ Mn) Projection, by Rim Size, 2017-2031

Figure 38: Asia Pacific Rubber Tire Market, US$ Mn, Incremental Opportunity, by Rim Size, 2021-2031

Figure 39: Asia Pacific Rubber Tire Market Value (US$ Mn) Projection, by Vehicle Type, 2017-2031

Figure 40: Asia Pacific Rubber Tire Market, US$ Mn, Incremental Opportunity, by Vehicle Type, 2021-2031

Figure 41: Asia Pacific Rubber Tire Market Value (US$ Mn) Projection, by Sales Channel, 2017-2031

Figure 42: Asia Pacific Rubber Tire Market, US$ Mn, Incremental Opportunity, by Sales Channel, 2021-2031

Figure 43: Asia Pacific Rubber Tire Market Value (US$ Mn) Projection by Country and Sub-region, 2017-2031

Figure 44: Asia Pacific Rubber Tire Market Share Analysis, by Country and Sub-region, 2020 and 2031

Figure 45: Asia Pacific Rubber Tire Market, US$ Mn, Incremental Opportunity, by Country and Sub-region 2021-2031

Figure 46: Middle East & Africa Rubber Tire Market Value (US$ Mn) Projection, by Tire Type, 2017-2031

Figure 47: Middle East & Africa Rubber Tire Market, US$ Mn, Incremental Opportunity, by Tire Type, 2021-2031

Figure 48: Middle East & Africa Rubber Tire Market Value (US$ Mn) Projection, by Rim Size, 2017-2031

Figure 49: Middle East & Africa Rubber Tire Market, US$ Mn, Incremental Opportunity, by Rim Size, 2021-2031

Figure 50: Middle East & Africa Rubber Tire Market Value (US$ Mn) Projection, by Vehicle Type, 2017-2031

Figure 51: Middle East & Africa Rubber Tire Market, US$ Mn, Incremental Opportunity, by Vehicle Type, 2021-2031

Figure 52: Middle East & Africa Rubber Tire Market Value (US$ Mn) Projection, by Sales Channel, 2017-2031

Figure 53: Middle East & Africa Rubber Tire Market, US$ Mn, Incremental Opportunity, by Sales Channel, 2021-2031

Figure 54: Middle East & Africa Rubber Tire Market Value (US$ Mn) Projection by Country and Sub-region, 2017-2031

Figure 55: Middle East & Africa Rubber Tire Market Share Analysis, by Country and Sub-region, 2020 and 2031

Figure 56: Middle East & Africa Rubber Tire Market, US$ Mn, Incremental Opportunity, by Country and Sub-region 2021-2031

Figure 57: Latin America Rubber Tire Market Value (US$ Mn) Projection, by Tire Type, 2017-2031

Figure 58: Latin America Rubber Tire Market, US$ Mn, Incremental Opportunity, by Tire Type, 2021-2031

Figure 59: Latin America Rubber Tire Market Value (US$ Mn) Projection, by Rim Size, 2017-2031

Figure 60: Latin America Rubber Tire Market, US$ Mn, Incremental Opportunity, by Rim Size, 2021-2031

Figure 61: Latin America Rubber Tire Market Value (US$ Mn) Projection, by Vehicle Type, 2017-2031

Figure 62: Latin America Rubber Tire Market, US$ Mn, Incremental Opportunity, by Vehicle Type, 2021-2031

Figure 63: Latin America Rubber Tire Market Value (US$ Mn) Projection, by Sales Channel, 2017-2031

Figure 64: Latin America Rubber Tire Market, US$ Mn, Incremental Opportunity, by Sales Channel, 2021-2031

Figure 65: Latin America Rubber Tire Market Value (US$ Mn) Projection by Country and Sub-region, 2017-2031

Figure 66: Latin America Rubber Tire Market Share Analysis, by Country and Sub-region, 2020 and 2031

Figure 67: Latin America Rubber Tire Market, US$ Mn, Incremental Opportunity, by Country and Sub-region 2021-2031

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