Tires market by Continental AG, The Goodyear Tire & Rubber Company, and Bridgestone Corporation.

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Tires Market for OE Replacement by Rim Size
(13-15,16-18,19-21,22-26 inch), Replacement
Market, Aspect Ratio (35-55, 60-70, 75-85),
Section Width (lt200,200-230,gt230 mm), Retreading
Market and OHV Tires Market, Application, and
Region - Global Forecast to 2021.
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rising demand for eco-friendly tires is pushing
original equipment manufacturers to switch from
petroleum-based to eco-friendly materials. This
upcoming trend is supporting the growth witnessed
by the market for tires. The tires OE market size
was valued at USD 23.18 Billion in 2016, and is
projected to grow at a CAGR of 5.48 during the
forecast period. The base year considered for the
study is 2015, and the forecast period is 2016 to
2021. Download our free PDF Brochure and gain
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Tier-1 manufacturers are extensively investing in
RD activities to develop newer tire technologies
in order to gain traction in the business
landscape. These include the noise reduction
technology, which reduces the internal noise
generated due to the friction produced between
tires and road surface. Also, self-sealing tires
are gaining popularity, with several tire
manufacturers coming up with their own versions
of this technology   Request for free
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Browse gtgt 120 market data
tables 71 figures
234 pages and in-depth TOC on Tires
Market - Global Forecast to 2021 Early
buyers will receive 10 customization on this
report. This is a Premium Report Priced at US
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US8150 This study answers several questions for
the stakeholders, primarily which market segments
to focus on in the next two to five years to
prioritize efforts and investments.
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Supply contracts/partnerships has been the key
strategy adopted by major players to gain
traction in the automotive tires market.
Bridgestone Corporation (Japan) signed a contract
with Lexus (Japan) for the manufacturing of
TURANZA T005 RFT tires as the standard equipment
on the 2017 Lexus LS sedan. Likewise, Michelin
(France) signed a supply contract with Mercedes
Benz (Germany) for providing its Pilot Sport Cup
2 tires as the original equipment fitment on the
Mercedes-AMG GT R. New product development has
been the second most widely followed strategy in
the automotive tires market Request for
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Instance, the aftermarket share of light and
medium truck tires, imported from China, for
Europe, Latin America and Africa is as high as
23, 27 and 72, respectively. Hence, these
countries are a potential target for tire
manufacturers as they not only have the highest
domestic demand but also offer low production
costs. Besides, the export market from these
countries is high. Buy Now -
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    Tires Market Key Players   The tires market
is dominated by a few global players, and
comprises several regional players. Some of the
key manufacturers operating in the market are
Continental AG (Germany), The Goodyear Tire
Rubber Company (U.S.), and Bridgestone
Corporation (Japan).
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