Heavy-duty tire is tire sepcially used for heavy-duty vehicles.
The global heavy duty tires market is relatively concentrated as the manufacturing technology of heavy duty tires is relatively higher than some light tires. Some enterprises are well-known for the wonderful performance of their heavy duty tires and related services. The global leading players Michelin, Bridgestone and Goodyear are remarkable in the global heavy duty tires industry because of their market share and technology status of heavy duty tires.
The consumption volume of heavy duty tires is related to downstream industries and global economy. There are many manufactures in this field. The global consumption volume of heavy duty tires will increase from 175 million units in 2016 to 180 million units in 2022, with an annual growth rate of 0.49%
The largest Market of heavy duty tires is Asia-Pacific, with market share of about 51.05% in 2016, followed by Europe and North America, with market share of 17.90% and 15.36% .Recent years, the developing countries such as China, India and Brazil are playing more and more important roles in the market and investors should pay more attention to these regions
The Heavy-Duty Tires market is mainly divided into heavy-duty trucks, OTR tires and agricultural tires. The heavy duty tires are the largest market due to the large production of heavy-duty trucks. In 2016, the revenue market share of heavy-duty trucks, OTR tires and agricultural tires are 72.52%, 17.74% and 9.74%.
Despite the presence of competition and brand effect problems, due to the awareness of end-users and their demand for high end products, investors are still optimistic about this area. There will be more new investors entering into this industry in the future. The manufacturers who want to occupy the market must depend on market mechanism reform, core technology improvement, manufacturing equipment innovation, and brand establishment.
Global Heavy-Duty Tires market size will reach 29000 million US$ by 2025, from 36700 million US$ in 2018, at a CAGR of -2.9% during the forecast period. In this study, 2018 has been considered as the base year and 2019-2025 as the forecast period to estimate the market size for Heavy-Duty Tires.
This industry study presents the global Heavy-Duty Tires market size, historical breakdown data (2014-2019) and forecast (2019-2025). The Heavy-Duty Tires production, revenue and market share by manufacturers, key regions and type;
The consumption of Heavy-Duty Tires in volume terms are also provided for major countries (or regions), and for each application and product at the global level. Market share, growth rate, and competitive factors are also evaluated for market leaders Bridgestone, Michelin, etc.
The following manufacturers are covered in this report:
Bridgestone
Michelin
Goodyear
Continental
Zhongce Rubber
Apollo
Chem China
Double Coin Holdings
Guizhou Tire
Titan
Prinx Chengshan
Trelleborg
Pirelli
Yokohama Tire
BKT
Linglong Tire
Xugong Tyres
Triangle
Hawk International Rubber
Nokian
Shandong Taishan Tyre
Carlisle
Shandong Yinbao
Sumitomo
Doublestar
Fujian Haian Rubber
JK Tyre
Specialty Tires
Techking Tires
Heavy-Duty Tires Breakdown Data by Type
Rim Diameter ≤29 inch
29 inch<Rim Diameter≤39 inch
39 inch<Rim Diameter≤49 inch
Rim Diameter >49 inch
Heavy-Duty Tires Breakdown Data by Application
Heavy Duty Truck Tires
OTR Tires
Agricultural Tires
Heavy-Duty Tires Production by Region
United States
Europe
China
Japan
South Korea
India
Other Regions
Heavy-Duty Tires Consumption by Region
North America
United States
Canada
Mexico
Asia-Pacific
China
India
Japan
South Korea
Australia
Indonesia
Malaysia
Philippines
Thailand
Vietnam
Europe
Germany
France
UK
Italy
Russia
Rest of Europe
Central & South America
Brazil
Rest of South America
Middle East & Africa
GCC Countries
Turkey
Egypt
South Africa
Rest of Middle East & Africa
The study objectives are:
To analyze and research the global Heavy-Duty Tires status and future forecast,involving, production, revenue, consumption, historical and forecast.
To present the key Heavy-Duty Tires manufacturers, production, revenue, market share, SWOT analysis and development plans in next few years.
To segment the breakdown data by regions, type, manufacturers and applications.
To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints and risks.
To identify significant trends, drivers, influence factors in global and regions.
To strategically analyze each submarket with respect to individual growth trend and their contribution to the market.
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
In this study, the years considered to estimate the market size of Heavy-Duty Tires :
History Year: 2014 - 2018
Base Year: 2018
Estimated Year: 2019
Forecast Year: 2019 - 2025
This report includes the estimation of market size for value (million USD) and volume (K Units). Both top-down and bottom-up approaches have been used to estimate and validate the market size of Heavy-Duty Tires market, to estimate the size of various other dependent submarkets in the overall market. Key players in the market have been identified through secondary research, and their market shares have been determined through primary and secondary research. All percentage shares, splits, and breakdowns have been determined using secondary sources and verified primary sources.
For the data information by region, company, type and application, 2018 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.
Summary:
Get latest Market Research Reports on Heavy-Duty Tires . Industry analysis & Market Report on Heavy-Duty Tires is a syndicated market report, published as Global Heavy-Duty Tires Market Insights, Forecast to 2025. It is complete Research Study and Industry Analysis of Heavy-Duty Tires market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.