Automotive Tire Market - Market Strategy

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MarketsandMarkets Presents
Automotive Tire Market projected to grow at CAGR
of 5.9 from 2014 And Reach 666.6 million units
by 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 Size, 2014 vs. 2019
(Million Units)
Source MarketsandMarkets Analysis
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The global automotive tire market size, in terms
of volume, is projected to reach 666.6 million
units by 2019. The market for automotive tires is
estimated to be the largest in Asia-Oceania,
which held a market share of about 53.7 in 2014.
China is the key contributor to the growth of
automotive tire market in the Asia-Oceania
region. The global demand for automotive tires is
driven by the high demand for green tires,
increasing level of tire radialization, and
growing demand for light passenger and heavy-duty
vehicles. North America holds the second largest
share in the automotive tire market. The major
contributors to this market are the U.S., Canada,
and Mexico which have high vehicle
production. 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. 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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