The global economy is expected to expand 5.6% in 2021,global recovery is strong but uneven as many emerging market and developing economies continue to struggle with the COVID-19 pandemic, the world is unlikely to ever reach global herd immunity. However, the recovery in many countries is being held back by a resurgence of COVID-19 cases and lagging vaccination progress, as well as the withdrawal of policy support in some instances.
The annual U.S. economic growth rate slipped to -3.5% in 2020, but grew at a yearly pace of more than 6% in the previous two quarters of 2021. The economy of continental Europe bounced back in the second quarter after having contracted in both the fourth quarter of 2020 and the first quarter of 2021, as the vaccinations accelerated, and governments eased restrictions. Among major economies, the annualized growth rate was 6.1% in Germany, 3.6% in France, 11.2% in Italy, and 11.7% in Spain. The especially rapid growth in Spain and Italy was attributed to a surge in consumer spending, likely the result of an easing of economic restrictions.
Regional Economic Prospects: Growth in the East Asia and Pacific is projected to accelerate by 7.7% in 2021, Central Asia is forecast to grow by 3.9% this year, economic activity in the Middle East and North Africa is forecast to advance by 2.4%, South Asia is projected to expand by 6.8%.
The global Commercial Radial Tire market size was USD XX billion in 2021. It is likely to progress at a CAGR of XX% during the forecast period of 2022-2027, according to XYZResearch analysis, The segment in Commercial Radial Tire market is estimated to reach a market value of USD XX billion by 2021 from an initial market value of USD XX billion in 2021. China market value in 2021 is about USD XX billion, and China Commercial Radial Tire production is XX (K Units). US market value in 2021 is about USD XX billion, and US Commercial Radial Tire production is XX (K Units). Europe market value in 2021 is about USD XX billion, and Europe Commercial Radial Tire production is XX (K Units).
Regional Segmentation (Value; Revenue, USD Million, 2017 - 2027) of Commercial Radial Tire Market by XYZResearch Include
USA
Europe
China
Japan
India
Korea
Southeast Asia
Competitive Analysis; Who are the Major Players in Commercial Radial Tire Market?
Bridgestone
Michelin
Goodyear
Continental
Pirelli
Hankook
Sumitomo
Yokohama
Maxxis
Zhongce
GITI Tire
Cooper Tire
Kumho Tire
Toyo Tire
MRF
Apollo Tyres
Triangle Group
Nexen Tire
Hengfeng Rubber
Nokian Tyres
Shandong Linglong
Double Coin
Jinyu Tyre
JK Tyre
Nizhnekamskshina
Sailun Tires
Shandong Deruibo
Major Type of Commercial Radial Tire Covered in XYZResearch report:
All-Steel
Semi-Steel
Application Segments Covered in XYZResearch Market
Light Truck
Heavy Truck
For any other requirements, please feel free to contact us and we will provide you customized report.
Table of Contents
Global Commercial Radial Tire Market Segment Research Report 2021
1. Research Scope
2. Market Overview
2.1 Product Introduction, Application, Picture
2.2 Global Commercial Radial Tire Market by Value
2.2.1 Global Commercial Radial Tire Revenue by Type
2.2.2 Global Commercial Radial Tire Market by Value (%)
2.3 Global Commercial Radial Tire Market by Production
2.3.1 Global Commercial Radial Tire Production by Type
2.3.2 Global Commercial Radial Tire Market by Production (%)
3. The Major Driver of Commercial Radial Tire Industry
3.1 Historical & Forecast Global Commercial Radial Tire Demand
3.2 Largest Application for Commercial Radial Tire (2017-2027)
3.3 The Major Downstream Company in China Market 2021
4. Global and Regional Commercial Radial Tire Market
4.1 Regional Market Size in Terms of Production & Demand (2021)
4.2 Regional Market Share in Terms of Revenue (2019-2027)
4.3 Concentration Ratio (CR5& CR10) of Commercial Radial Tire Market
4.4 Mergers & Acquisitions, Expansion Plans
5. US Commercial Radial Tire Production, Demand (2017-2027)
5.1 Current and Estimated Production Breakdown by Type
5.2 Current and Estimated Demand Breakdown by Type
5.3 Current and Estimated Demand Breakdown by Application
5.4 Current and Estimated Revenue Breakdown by Type (2017-2027)
5.5 Current and Estimated Revenue Breakdown by Application (2017-2027)
6. Europe Commercial Radial Tire Production, Demand (2017-2027)
6.1 Current and Estimated Production Breakdown by Type
6.2 Current and Estimated Demand Breakdown by Type
6.3 Current and Estimated Demand Breakdown by Application
6.4 Current and Estimated Revenue Breakdown by Type (2017-2027)
6.5 Current and Estimated Revenue Breakdown by Application (2017-2027)
7. China Commercial Radial Tire Production, Demand (2017-2027)
7.1 Current and Estimated Production Breakdown by Type
7.2 Current and Estimated Demand Breakdown by Type
7.3 Current and Estimated Demand Breakdown by Application
7.4 Current and Estimated Revenue Breakdown by Type (2017-2027)
7.5 Current and Estimated Revenue Breakdown by Application (2017-2027)
8. Japan Commercial Radial Tire Production, Demand (2017-2027)
8.1 Current and Estimated Production Breakdown by Type
8.2 Current and Estimated Demand Breakdown by Type
8.3 Current and Estimated Demand Breakdown by Application
8.4 Current and Estimated Revenue Breakdown by Type (2017-2027)
8.5 Current and Estimated Revenue Breakdown by Application (2017-2027)
9. India Commercial Radial Tire Production, Demand (2017-2027)
9.1 Current and Estimated Production Breakdown by Type
9.2 Current and Estimated Demand Breakdown by Type
9.3 Current and Estimated Demand Breakdown by Application
9.4 Current and Estimated Revenue Breakdown by Type (2017-2027)
9.5 Current and Estimated Revenue Breakdown by Application (2017-2027)
10. Korea Commercial Radial Tire Production, Demand (2017-2027)
10.1 Current and Estimated Production Breakdown by Type
10.2 Current and Estimated Demand Breakdown by Type
10.3 Current and Estimated Demand Breakdown by Application
10.4 Current and Estimated Revenue Breakdown by Type (2017-2027)
10.5 Current and Estimated Revenue Breakdown by Application (2017-2027)
11. Southeast Asia Commercial Radial Tire Production, Demand (2017-2027)
11.1 Current and Estimated Production Breakdown by Type
11.2 Current and Estimated Demand Breakdown by Type
11.3 Current and Estimated Demand Breakdown by Application
11.4 Current and Estimated Revenue Breakdown by Type (2017-2027)
11.5 Current and Estimated Revenue Breakdown by Application (2017-2027)
12. Global Commercial Radial Tire Average Price Trend
12.1 Market Price for Each Type of Commercial Radial Tire in US (2017-2021)
12.2 Market Price for Each Type of Commercial Radial Tire in Europe (2017-2021)
12.3 Market Price for Each Type of Commercial Radial Tire in China (2017-2021)
12.4 Market Price for Each Type of Commercial Radial Tire in Japan (2017-2021)
12.5 Market Price for Each Type of Commercial Radial Tire in India (2017-2021)
12.6 Market Price for Each Type of Commercial Radial Tire in Korea (2017-2021)
12.7 Market Price for Each Type of Commercial Radial Tire in Southeast Asia (2017-2021)
Summary: Get latest Market Research Reports on Commercial Radial Tire. Industry analysis & Market Report on Commercial Radial Tire is a syndicated market report, published as (Post-pandemic Era)-Global Commercial Radial Tire Market Segment Research Report 2021. It is complete Research Study and Industry Analysis of Commercial Radial Tire market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.