Automotive Tire Market by Type - Global Trends and Forecast to 2019

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MarketsandMarkets Presents
Automotive Tire Market by Type - Global Trends
and Forecast to 2019
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The report Automotive Tire Market by Type
(Radial, and Bias/Cross ply), Section Width (lt200
mm, 200-230 mm, and gt230 mm), Aspect Ratio (lt60,
60-70, gt70), and Aftermarket (Radial, and
Bias/Cross Ply) - Global Trends and Forecast to
2019, defines and segments the automotive tire
market with analysis and forecast of the global
market size, in terms of volume and
value. Browse 61 market data tables  47
figures  200 pages and in-depth TOC on
Automotive Tire Market . You can speak to our
analyst_at_ http//www.marketsandmarkets.com/speaktoa
nalyst.asp?id40166492
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Source MarketsandMarkets Analysis
Automotive Tire Market, by Region, 2014 (Million
Units)
Source MarketsandMarkets Analysis
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The global automotive tire market is estimated to
grow at a promising rate of 5.9 from 2014 to
2019 owing to growth in global vehicle production
and sales volume. Asia-Oceania is estimated to be
the largest market for automotive tires. China,
Japan, and South Korea are the main contributors
to the automotive tire market in Asia-Oceania.
Several OEMs are expanding in Asia-Oceania to
cater to the sizable demand for vehicles in the
region. However the radialization of tires is not
100 in commercial vehicles in China and India.
India is estimated to be the biggest market for
bias tires in Asia-Oceania region. North America
is estimated to be the second largest market for
tires, owing to the increased production of
vehicles in the region. The automotive tire
market size, in terms of volume, is projected to
grow at a CAGR of 5.9 from 2014 to 2019, to
reach 666.6 million units by 2019. Eastern
European and North American countries such as
Mexico are potential markets owing to increasing
production capacity. The automotive tire market
is growing substantially in Asia-Oceania and RoW
due to growing vehicle production and increasing
radialization. The global automotive tire market
is dominated by major players such as Bridgestone
Group (Japan), Continental Group (Germany),
Goodyear Tire Rubber Company (U.S.), Michelin
Group (France), and Pirelli C. S.p.A (Italy).
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