Dublin, Dec. 22, 2020 (GLOBE NEWSWIRE) -- The "Pneumatic Tire - Global Market Outlook (2019-2027)" report has been added to ResearchAndMarkets.com's offering.
Global Pneumatic Tire market 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.
What the 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
Key Topics Covered:
1 Executive Summary
2 Preface
2.1 Abstract
2.2 Stake Holders
2.3 Research Scope
2.4 Research Methodology
2.5 Research Sources
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
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
For more information about this report visit https://www.researchandmarkets.com/r/lfb92l
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