Automotive Tire Market Recorded Strong Growth in 2020; COVID 19 Pandemic Set to Drop Sales

1. Automotive Tire Market December 2020 Report Id : REP-GB-2686 Published On : 2017-09-13 Category : Automotive & Transportation www.futuremarketinsights.com I @futuremarketins I /company/future-market-insights © 2019 Future Market Insights, All Rights Reserved www.futuremarketinsights.com I @futuremarketins I /company/future-market-insights

2. About Future Market Insights Future Market Insights (FMI) is a premier provider of syndicated research reports, custom research reports, and consulting services. We deliver a complete packaged solution, which combines current market intelligence, statistical anecdotes, technology inputs, valuable growth insights,aerial view of the competitiveframework,and future markettrends. We provide research services at a global as well as regional level; key regions include GCC, ASEAN, and BRIC. Our offerings cover a broad spectrum of industries including Chemicals, Materials, Energy, Technology,Healthcare, and Retail. We have a global presence with delivery centers across India specializing in providing global research reports and country research reports. FMI is headquartered out of London, U.K., with a state-of-the-art delivery center located in Pune, India. We combine our knowledge and learning from every corner of the world to distill it to one thing– the perfect solutionfor our client. Research Capabilities Sector Coverage             Customized Research Syndicated Research Investment Research Social Media Research Automotive and Transportation Electronics, Semiconductor, and ICT Retail and Consumer Products Industrial Automation and Equipment Chemicals & Materials Food and Beverages Services and Utilities Energy, Mining, Oil, and Gas Customized Research Subscription Information Syndicated Research For detailed subscription information please contact Hari. T (Sr. Manager - Global Business Development) Investment Research T: +44 (0) 20 7692 8790 | D: +44 20 3287 4268 Email: hari.t@futuremarketinsights.com Social Media Research www.futuremarketinsights.com I @futuremarketins I /company/future-market-insights 2 © 2019 Future Market Insights, All Rights Reserved

3. Research Methodology (1/2) Systematic Research Approach 1 In-depth secondary research is used to ascertain overall market size, top industry players, top products, industry associations, etc. Research & Intelligence Data Collection Data Filter & Analysis Actionable Insights Business Solution Market profiling 2 FMI formulates a detailed discussion guide to conduct expert and industry interviews     Identifying key opinion leaders Questionnaire design In-depth interviews Coverage across value chain Formulating discussion guide 3 A FMI develops a list of industry players (manufacturers), distributors, retailers and industry experts Primary Research       Key industry experts Channel study Developments Market dynamics Products Conclusions Developing list of respondents B 4 FMI conducts interviews with industry experts, industry players, distributors and retailers SOLUTION Desk Research Data collection      Market participants Key strengths Product portfolio Mapping as per value chain Key focus segments C Company Analysis Data is validated by triangulation method, wherein secondary, primary and FMI analysis contribute to the final data 5 Data validation 6 Data is scrutinized using MS-Excel to obtain qualitative and quantitative insights about the industry Data analysis Primary Research# Secondary Research # Paid Publications#           Linkedin Zoominfo Salesforce Avention Company websites Company annual reports White papers Financial reports Factiva GBI Genios Meltwater 7 FMI delivers industry insights and information in the required format (PDF) Insights   # includes sources of databases www.futuremarketinsights.com I @futuremarketins I /company/future-market-insights 3 © 2019 Future Market Insights, All Rights Reserved

4. Automotive Tire Market Analysis A comprehensive market evaluation put forth by Future Market Insights on the global automotive tire market in its new research report titled “Automotive Tire Market: Global Industry Analysis (2012-2016) and Opportunity Assessment (2017-2027)” covers the drivers, impact, challenges, trends as well as opportunities in the global automotive tire market with competition assessment during the period of 2017-2027. A detailed market segmentation is included in the research publication based on which the value and volume analysis of various segments and sub-segments is carried out during the period of assessment. The global automotive tire market is expected to witness robust growth across main regions of Asia Pacific excluding Japan (APEJ), North America, Western Europe, Eastern Europe, Latin America, Japan and Middle and Africa (MEA) during the forecast period. Download the sample copy of Report with table of contents and Figures @ https://www.futuremarketinsights.com/reports/sample/rep-gb-2686 Global Automotive Tire Market: Trends There are various trends captured by Future Market Insights in this research report which impact the global automotive tire market, and influence its growth during 2017-2027. The evolving technology which is set to changing the future scenario of tires, increasing mergers and acquisitions with a view to expand the retail network, the increasing use of tire pressure monitoring systems (TPMS) thus increasing the awareness of tires and its functionality among consumers, www.futuremarketinsights.com I @futuremarketins I /company/future-market-insights 4 © 2019 Future Market Insights, All Rights Reserved

5. Automotive Tire Market Analysis strategic collaborations taking place between tire manufacturers with famous non-tire entities to promote brand value and better positioning of their tires, increasing use of digital platform with which several consumers are able to buy through e-commerce, trend of switching to green tires as an environment friendly option and decrease in the selling price of small tires. Global Automotive Tire Market: Forecast According to Future Market Insights, the global automotive tire market is expected to grow at a robust growth rate during the forecast period, to register a CAGR of 6.3% during 2017-2027 and is anticipated to be valued at about US$ 645 Bn by 2027 end. Preview Analysis of Automotive Tire Market: Passenger Car Vehicle Type Segment to Lead in Terms of Market Share Throughout the Forecast Period: Global Industry Analysis (2012 – 2016) and Opportunity Assessment (2017 – 2027): https://www.futuremarketinsights.com/reports/automotive-tires-market Global Automotive Tire Market: Segmental Snapshot The global automotive tire market is segmented by vehicle type (2/3 wheeler, passenger vehicle, commercial vehicle and specialty vehicle), by sales channel (OEM and aftermarket), by tire structure (radial and bias) and region. www.futuremarketinsights.com I @futuremarketins I /company/future-market-insights 5 © 2019 Future Market Insights, All Rights Reserved

6. Automotive Tire Market Analysis Passenger cars segment by vehicle type is expected to lead the global market in terms of growth rate and  market share. This segment is anticipated to grow at a high CAGR of 6.8% throughout the forecast period Commercial vehicle segment by vehicle type, also shows high potential, and is poised to grow at a CAGR of  6.1% during the assessment period. In this category, the light commercial vehicle segment is a high growth segment and is expected to be valued at US$ 102.7 Bn by the end of2027 By tire structure, the radial segment is expected to be valued at US$ 550.2 Bn by 2027 end and also anticipated  to grow at a robust growth rate throughout the forecast period 2017-2027 By sales channel, OEM segment reflects higher growth rate during the period of assessment, however, the  aftermarket segment is poised to show high market value by the end of the forecasted year. The OEM segment is expected to grow at a CAGR of 6.4% during 2017-2027 By Region, Asia Pacific excluding Japan (APEJ) region and Western Europe region are expected to grow at similar  growth rates, however, APEJ is poised to lead the global automotive tire market in terms of high market share by 2027 end, as it is expected to be valued at around US$ 194 Bn by the end of the assessment period www.futuremarketinsights.com I @futuremarketins I /company/future-market-insights 6 © 2019 Future Market Insights, All Rights Reserved

7. Automotive Tire Market Analysis Buy this report @ https://www.futuremarketinsights.com/checkout/2686 Global Automotive Tire Market: Competitive Assessment The global automotive tire market research report has analysed various key players involved in the operations related to automotive tires. Continental AG, Bridgestone Corp., Michelin, Goodyear Tire And Rubber Company, Pirelli & C. S.P.A, Yokohama Rubber Company, Limited, Cheng Shin Rubber Industries, Sumitomo Rubber Industries Ltd., Toyo Tire & Rubber Company, TrelleborgAB, Cooper Tire & Rubber Company, Hankook Tire, Madras Rubber Factory Limited, Kumho Tire Co. Inc., Apollo Tyres Ltd, Sailun Tires Ltd, Shandong Linglong Tyre, Nokian RenkaatOjy, Titan Tire Corporation, and NexenTire America Inc. are the key companies profiled in the global automotive tire market reseach report. Our advisory services are aimed at helping you with specific, customized insights that are relevant to your specific challenges. Let us know about your challenges and our trusted advisors will connect with you: https://www.futuremarketinsights.com/askus/rep-gb-2686 www.futuremarketinsights.com I @futuremarketins I /company/future-market-insights 7 © 2019 Future Market Insights, All Rights Reserved

8. Automotive Tire Market Analysis About FMI Future Market Insights (FMI) is a leading provider of market intelligence and consulting services, serving clients in over 150 countries. FMI is headquartered in Dubai, the global financial capital, and has delivery centers in the U.S. and India. FMI’s latest market research reports and industry analysis help businesses navigate challenges and make critical decisions with confidence and clarity amidst breakneck competition. Our customized and syndicated market research reports deliver actionable insights that drive sustainable growth. A team of expert-led analysts at FMI continuously tracks emerging trends and events in a broad range of industries to ensure that our clients prepare for the evolving needs of their consumers. Click here to Order a free sample For more insights on the Automotive Tire Market, you can request a report sample with full TOC www.futuremarketinsights.com I @futuremarketins I /company/future-market-insights 8 © 2019 Future Market Insights, All Rights Reserved

9. To know more about us, please visit our website: www.futuremarketinsights.com For sales queries or new topics email us on: sales@futuremarketinsights.com For media queries, contact the press office at press@futuremarketinsights.com For other queries contact: Hari. T (Sr. Manager - Global Business Development) Future Market Insights: 3rd Floor, 207 Regent Street, London W1B 3HH T: +44 20 7692 8790 | D: +44 20 3287 4268 Email: hari.t@futuremarketinsights.com Future Market Insights Global & Consulting Private Limited (FMI) Thank You www.futuremarketinsights.com I @futuremarketins I /company/future-market-insights 9 © 2019 Future Market Insights, All Rights Reserved