What is scope of the report?

The base year for the study has been considered 2019, historic year 2014 and 2018. Read More

What are the significant segments operating in the market?

Market is segmented on the basis. Read More

What are the vital market dynamics?

The report offers in-depth analysis of driving factors, opportunities, restraints, and challenges for gaining the key insight of the market. Read More

What does a company profile includes?

The report provides company profile of the key players operating in the market and a comparative analysis based on their business overviews industry offering. Read More

Automotive Tire Market by Tire Type (Radial Tire, Bias Tire), Vehicle Type, End Consumers (OEM, Replacement/ Aftermarket), Region, Global Industry Analysis, Market Size, Share, Growth, Trends, and Forecast 2019 to 2026

Publish Date: May, 2019
Report ID: 385891
Category: Automotive
Pages: 0

$4700

Global automotive tire market is expected to reach USD 618.49 billion by 2026, at a CAGR of 7.19% from 2019 to 2026. The key contributing factors for the market growth are increasing automotive sales worldwide, high competition among global tire manufacturers, increase in operating life of automobiles, the introduction of advanced technology in the manufacturing process, and focus on decreasing rolling resistance for better fuel economy.

Market Overview:

The automotive tire has wheel rim that externally protects tires as well as resists the tractive force between the road surface and vehicle. These tires are made of rubber and hence provides flexible cushion by reducing the vibrations and absorbing shock on the vehicle. The demand for tire has increased due to increasing demand for vehicles this has further supplemented the market growth of automotive tire. In addition, the high levels of performance and durability provided by new technologies such as low rolling resistance (LRR) and self-inflating technology have boosted the global automotive tire market.

Report Description:

The base year for the study has been considered 2018, the historic year 2016 and 2017, the forecast period considered is from 2019 to 2026. The global automotive tire market is analyzed on the basis of Value (USD Billion) and Volume (‘000 Units)
The study delivers a comprehensive analysis of the global automotive tire market by tire type, vehicle type, end consumers, and regions.
The report offers in-depth analysis of driving factors, opportunities, restraints, and challenges for gaining the key insight of the market. The report emphasizes on all the key trends that play a vital role in the enlargement of the market from 2019 to 2026.
Porter’s Five Forces model is used in order to recognize the competitive scenario in the global automotive tire market. This report incorporates the industry analysis which is focused on providing an extensive view of the automotive tire market.
The study also includes attractiveness analysis of tire type, vehicle type, end consumers, and regions which are benchmarked based on their market size, growth rate and attractiveness in terms of present and future opportunity for understanding the future growth of the market.
The report provides company profile of the key players operating in the automotive tire market and a comparative analysis based on their business overviews, product offering, segment market share, regional presence, business strategies, innovations, mergers & acquisitions, recent developments, joint venture, collaborations, partnerships, SWOT analysis, and key financial information.
The market estimates have been evaluated by considering the effect of different political, economic, social, technological and legal factors which are based on our extensive secondary research, primary research, and in-house databases.

Market Dynamics:

Drivers:

Increase automotive sales worldwide
High competition among global tire manufacturers
Introduction of advanced technology in the manufacturing process
Increase in operating life of automobiles
Focus on decreasing rolling resistance for better fuel economy

Restraints:

Fluctuating raw material prices
Stringent government regulations across the globe

Opportunities:

Improving economy resulting in favorable conditions for the manufacturing sector
Rising automobile sector
Demand for eco-friendly tires owing to stringent regulations

Challenges:

The increasing number of mandatory tests to be performed before commercial use of tires

Global Automotive Tire Market Key Findings:

All the segments have been analyzed on global, regional and country basis. The study includes an analysis of more than 30 countries for each segment.

Segmentation Analysis:

The automotive tire market is segmented on the basis of tire type, section width, vehicle type, and end consumers.

Tire type segment covers radial tire and bias tire. The radial tire segment held highest market value around USD 195.96 billion in 2018 owing to benefits such as lower fuel consumption, less ground compaction, and damage, greater productivity, reduction in replacement and reduced machine maintenance costs.
Vehicle type segment categorized into passenger car, light commercial vehicle, heavy commercial vehicle, and two-wheeler. The passenger car segment held a highest market share of 39.37% in 2018 The demand for passenger cars is mainly subjective to economic conditions dictated by fluctuation in exchange rates, GDP growth, inflation levels and changes in government policies.

Regional Segmentation Analysis:

The market is analyzed on the basis of five regions namely North America, Europe, Asia Pacific, South America, and the Middle East and Africa. Asia Pacific region held the largest market share of approximately 40.26% in 2018 whereas the Europe region held the second dominant position in the global automotive tire market

The Asia Pacific is fastest growing region due to the increasing automotive tire aftermarket sales, rapidly growing domestic consumption, increasing demand from the rural sector, and improving the economy of most of the emerging countries in this region.
The strong demand for automotive, demand for sport-utility vehicles, and the presence of major players are factors that led to the growth of the automotive tire market in Europe.

Global Automotive Tire Market Competitive Analysis:

Key players in the automotive tire market are Bridgestone Corporation, Continental AG, Pirelli & C. S.p.A, Michelin Group, The Goodyear Tire & Rubber Co., Sumitomo Rubber Industries, Ltd., Madras Rubber Factory Limited, The Yokohama Rubber Co. Ltd., JK Tyre & Industries Ltd., CEAT Ltd., Cooper Tire & Rubber Company, Toyo & Rubber Co. Ltd., Hankook Co. Ltd., and others. The Bridgestone Corporation, Continental, Goodyear Tire & Rubber, Michelin Group, Rubber Industries, Ltd., And & C. S.p.A is the top leading players of the market. For instance, in 2017, Pirelli and INFINITI, a car manufacturer company collaborate on INFINITI's "Project Black S”. The Pirelli to provide its bespoke tires to INFINITI.

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This study forecasts revenue and volume growth at global, regional, and country levels from 2016 to 2026. Fior Market Research has segmented the global automotive tire market on the basis of below-mentioned segments:

Global Automotive Tire Market, By Tire Type:

Radial Tire
Bias Tire

Global Automotive Tire Market, By Vehicle Type:

Passenger Car
Light Commercial Vehicle
Heavy Commercial Vehicle
Two Wheeler

Global Automotive Tire Market, By End Consumers:

OEM
Replacement/ Aftermarket

Global Automotive Tire Market, By Regions:

North America

The U.S.
Canada
Mexico

Europe

Germany
France
Sweden
Netherlands
The U.K.
Italy
Spain
Turkey
Switzerland
Belgium
Rest of Europe

Asia-Pacific

Japan
China
India
South Korea
Australia
Singapore
Malaysia
Thailand
Indonesia
Philippines
Rest of Asia-Pacific

South America

Brazil
Argentina
Colombia
Rest of South America

The Middle East and Africa

Saudi Arabia
UAE
Egypt
Nigeria
South Africa
Rest of the Middle East and Africa

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1. Introduction
1.1. Objectives of the Study
1.2. Market Definition
1.3. Research Scope
1.4. Currency

2. Research Methodology and Assumptions

3. Executive Summary

4. Premium Insights
4.1. Porter’s Five Forces Analysis
4.2. Value Chain Analysis
4.3. Top Investment Pockets
4.3.1. Market Attractiveness Analysis By Tire Type
4.3.2. Market Attractiveness Analysis By Vehicle Type
4.3.3. Market Attractiveness Analysis By End Consumers
4.3.4. Market Attractiveness Analysis By Region
4.4. Industry Trends

5. Market Dynamics
5.1. Market Evaluation
5.2. Drivers
5.2.1. Increase automotive sales worldwide
5.2.2. High competition among global tire manufacturers
5.2.3. Introduction of advanced technology in manufacturing process
5.2.4. Increase in operating life of automobiles
5.2.5. Focus on decreasing rolling resistance for better fuel economy
5.3. Restraints
5.3.1. Fluctuating raw material prices
5.3.2. Stringent government regulations across the globe
5.4. Opportunities
5.4.1. Improving economy resulting into favourable conditions for manufacturing sector
5.4.2. Rising automobile sector
5.4.3. Demand for eco-friendly tires owing to stringent regulations
5.5. Challenges
5.5.1. number of mandatory tests to be performed before commercial use of tires

6. Global Automotive Tire Market Analysis and Forecast, By Tire Type
6.1. Segment Overview
6.2. Radial Tire
6.3. Bias Tire

7. Global Automotive Tire Market Analysis and Forecast, By Vehicle Type
7.1. Segment Overview
7.2. Passenger Car
7.3. Light Commercial Vehicle
7.4. Heavy Commercial Vehicle
7.5. Two Wheeler

8. Global Automotive Tire Market Analysis and Forecast, By End Consumers
8.1. Segment Overview
8.2. OEM
8.3. Replacement/ Aftermarket

9. Global Automotive Tire Market Analysis and Forecast, By Regional Analysis
9.1. Segment Overview
9.2. North America
9.2.1. U.S.
9.2.2. Canada
9.2.3. Mexico
9.3. Europe
9.3.1. Germany
9.3.2. France
9.3.3. Sweden
9.3.4. Netherlands
9.3.5. U.K.
9.3.6. Italy
9.3.7. Spain
9.3.8. Turkey
9.3.9. Switzerland
9.3.10. Belgium
9.3.11. Rest of Europe
9.4. Asia-Pacific
9.4.1. Japan
9.4.2. China
9.4.3. India
9.4.4. South Korea
9.4.5. Australia
9.4.6. Singapore
9.4.7. Malaysia
9.4.8. Thailand
9.4.9. Indonesia
9.4.10. Philippines
9.4.11. Rest of Asia-Pacific
9.5. South America
9.5.1. Brazil
9.5.2. Argentina
9.5.3. Colombia
9.5.4. Rest of South America
9.6. Middle East and Africa
9.6.1. Saudi Arabia
9.6.2. UAE
9.6.3. Egypt
9.6.4. Nigeria
9.6.5. South Africa
9.6.6. Rest of Middle East and Africa

10. Global Automotive Tire Market-Competitive Landscape
10.1. Overview
10.2. Market Share of Key Players in the Automotive Tire Market
10.2.1. Global Company Market Share
10.2.2. North America Company Market Share
10.2.3. Europe Company Market Share
10.2.4. APAC Company Market Share
10.3. Competitive Situations and Trends
10.3.1. Product Launches and Developments
10.3.2. Partnerships, Collaborations, and Agreements
10.3.3. Mergers & Acquisitions
10.3.4. Expansions

11. Company Profiles
11.1. Bridgestone Corporation
11.1.1. Business Overview
11.1.2. Company Snapshot
11.1.3. Company Market Share Analysis
11.1.4. Company Product Portfolio
11.1.5. Recent Developments
11.1.6. SWOT Analysis
11.2. Continental AG
11.2.1. Business Overview
11.2.2. Company Snapshot
11.2.3. Company Market Share Analysis
11.2.4. Company Product Portfolio
11.2.5. Recent Developments
11.2.6. SWOT Analysis
11.3. Pirelli & C. S.p.A
11.3.1. Business Overview
11.3.2. Company Snapshot
11.3.3. Company Market Share Analysis
11.3.4. Company Product Portfolio
11.3.5. Recent Developments
11.3.6. SWOT Analysis
11.4. Michelin Group
11.4.1. Business Overview
11.4.2. Company Snapshot
11.4.3. Company Market Share Analysis
11.4.4. Company Product Portfolio
11.4.5. Recent Developments
11.4.6. SWOT Analysis
11.5. The Goodyear Tire & Rubber Co.
11.5.1. Business Overview
11.5.2. Company Snapshot
11.5.3. Company Market Share Analysis
11.5.4. Company Product Portfolio
11.5.5. Recent Developments
11.5.6. SWOT Analysis
11.6. Sumitomo Rubber Industries, Ltd.
11.6.1. Business Overview
11.6.2. Company Snapshot
11.6.3. Company Market Share Analysis
11.6.4. Company Product Portfolio
11.6.5. Recent Developments
11.6.6. SWOT Analysis
11.7. Madras Rubber Factory Limited
11.7.1. Business Overview
11.7.2. Company Snapshot
11.7.3. Company Market Share Analysis
11.7.4. Company Product Portfolio
11.7.5. Recent Developments
11.7.6. SWOT Analysis
11.8. The Yokohama Rubber Co. Ltd.
11.8.1. Business Overview
11.8.2. Company Snapshot
11.8.3. Company Market Share Analysis
11.8.4. Company Product Portfolio
11.8.5. Recent Developments
11.8.6. SWOT Analysis
11.9. JK Tyre & Industries Ltd.
11.9.1. Business Overview
11.9.2. Company Snapshot
11.9.3. Company Market Share Analysis
11.9.4. Company Product Portfolio
11.9.5. Recent Developments
11.9.6. SWOT Analysis
11.10. CEAT Ltd.
11.10.1. Business Overview
11.10.2. Company Snapshot
11.10.3. Company Market Share Analysis
11.10.4. Company Product Portfolio
11.10.5. Recent Developments
11.10.6. SWOT Analysis
11.11. Cooper Tire & Rubber Company
11.11.1. Business Overview
11.11.2. Company Snapshot
11.11.3. Company Market Share Analysis
11.11.4. Company Product Portfolio
11.11.5. Recent Developments
11.11.6. SWOT Analysis
11.12. Toyo & Rubber Co. Ltd.
11.12.1. Business Overview
11.12.2. Company Snapshot
11.12.3. Company Market Share Analysis
11.12.4. Company Product Portfolio
11.12.5. Recent Developments
11.12.6. SWOT Analysis
11.13. Hankook Co. Ltd
11.13.1. Business Overview
11.13.2. Company Snapshot
11.13.3. Company Market Share Analysis
11.13.4. Company Product Portfolio
11.13.5. Recent Developments
11.13.6. SWOT Analysis

List of Figures

1. Global Automotive Tire Market Segmentation

2. Automotive Tire Market: Research Methodology

3. Market Size Estimation Methodology: Bottom-Up Approach

4. Market Size Estimation Methodology: Top-Down Approach

5. Data Triangulation

6. Porter’s Five Forces Analysis

7. Value Chain Analysis

8. Global Automotive Tire Market Attractiveness Analysis By Tire Type

9. Global Automotive Tire Market Attractiveness Analysis By Vehicle Type

10. Global Automotive Tire Market Attractiveness Analysis By End Consumers

11. Global Automotive Tire Market Attractiveness Analysis By Region

12. Global Automotive Tire Market: Dynamics

13. Global Automotive Tire Market Share By Tire Type (2018 & 2025)

14. Global Automotive Tire Market Share By Vehicle Type (2018 & 2025)

15. Global Automotive Tire Market Share By End Consumer (2018 & 2025)

16. Global Automotive Tire Market Share By Region (2018 & 2025)

17. Global Automotive Tire Market Share By Company (2018)

List of Table

1. Global Automotive Tire Market, By Tire Type, 2016–2026 (USD Billion) (Thousand Units)

2. Global Radial Tire Automotive Tire Market, By Region, 2016–2026 (USD Billion) (Thousand Units)

3. Global Bias Tire Automotive Tire Market, By Region, 2016–2026 (USD Billion) (Thousand Units)

4. Global Automotive Tire Market, By Vehicle Type, 2016–2026 (USD Billion) (Thousand Units)

5. Global Passenger Car Automotive Tire Market, By Region, 2016–2026 (USD Billion) (Thousand Units)

6. Global Light Commercial Vehicle Automotive Tire Market, By Region, 2016–2026 (USD Billion) (Thousand Units)

7. Global Heavy Commercial Vehicle Automotive Tire Market, By Region, 2016–2026 (USD Billion) (Thousand Units)

8. Global Two Wheeler Automotive Tire Market, By Region, 2016–2026 (USD Billion) (Thousand Units)

9. Global Automotive Tire Market, By End Consumers, 2016–2026 (USD Billion) (Thousand Units)

10. Global OEM Automotive Tire Market, By Region, 2016–2026 (USD Billion) (Thousand Units)

11. Global Replacement/ Aftermarket Automotive Tire Market, By Region, 2016–2026 (USD Billion) (Thousand Units)

12. Global Automotive Tire Market, By Region, 2016–2026 (USD Billion) (Thousand Units)

13. North America Automotive Tire Market, By Tire Type, 2016–2026 (USD Billion) (Thousand Units)

14. North America Automotive Tire Market, By Vehicle Type, 2016–2026 (USD Billion) (Thousand Units)

15. North America Automotive Tire Market, By End Consumers, 2016–2026 (USD Billion) (Thousand Units)

16. U.S. Automotive Tire Market, By Tire Type, 2016–2026 (USD Billion) (Thousand Units)

17. U.S. Automotive Tire Market, By Vehicle Type, 2016–2026 (USD Billion) (Thousand Units)

18. U.S. Automotive Tire Market, By End Consumers, 2016–2026 (USD Billion) (Thousand Units)

19. Canada Automotive Tire Market, By Tire Type, 2016–2026 (USD Billion) (Thousand Units)

20. Canada Automotive Tire Market, By Vehicle Type, 2016–2026 (USD Billion) (Thousand Units)

21. Canada Automotive Tire Market, By End Consumers, 2016–2026 (USD Billion) (Thousand Units)

22. Mexico Automotive Tire Market, By Tire Type, 2016–2026 (USD Billion) (Thousand Units)

23. Mexico Automotive Tire Market, By Vehicle Type, 2016–2026 (USD Billion) (Thousand Units)

24. Mexico Automotive Tire Market, By End Consumers, 2016–2026 (USD Billion) (Thousand Units)

25. Europe Automotive Tire Market, By Tire Type, 2016–2026 (USD Billion) (Thousand Units)

26. Europe Automotive Tire Market, By Vehicle Type, 2016–2026 (USD Billion) (Thousand Units)

27. Europe Automotive Tire Market, By End Consumers, 2016–2026 (USD Billion) (Thousand Units)

28. Germany Automotive Tire Market, By Tire Type, 2016–2026 (USD Billion) (Thousand Units)

29. Germany Automotive Tire Market, By Vehicle Type, 2016–2026 (USD Billion) (Thousand Units)

30. Germany Automotive Tire Market, By End Consumers, 2016–2026 (USD Billion) (Thousand Units)

31. France Automotive Tire Market, By Tire Type, 2016–2026 (USD Billion) (Thousand Units)

32. France Automotive Tire Market, By Vehicle Type, 2016–2026 (USD Billion) (Thousand Units)

33. France Automotive Tire Market, By End Consumers, 2016–2026 (USD Billion) (Thousand Units)

34. Sweden Automotive Tire Market, By Tire Type, 2016–2026 (USD Billion) (Thousand Units)

35. Sweden Automotive Tire Market, By Vehicle Type, 2016–2026 (USD Billion) (Thousand Units)

36. Sweden Automotive Tire Market, By End Consumers, 2016–2026 (USD Billion) (Thousand Units)

37. Netherlands Automotive Tire Market, By Tire Type, 2016–2026 (USD Billion) (Thousand Units)

38. Netherlands Automotive Tire Market, By Vehicle Type, 2016–2026 (USD Billion) (Thousand Units)

39. Netherlands Automotive Tire Market, By End Consumers, 2016–2026 (USD Billion) (Thousand Units)

40. U.K. Automotive Tire Market, By Tire Type, 2016–2026 (USD Billion) (Thousand Units)

41. U.K. Automotive Tire Market, By Vehicle Type, 2016–2026 (USD Billion) (Thousand Units)

42. U.K. Automotive Tire Market, By End Consumers, 2016–2026 (USD Billion) (Thousand Units)

43. Italy Automotive Tire Market, By Tire Type, 2016–2026 (USD Billion) (Thousand Units)

44. Italy Automotive Tire Market, By Vehicle Type, 2016–2026 (USD Billion) (Thousand Units)

45. Italy Automotive Tire Market, By End Consumers, 2016–2026 (USD Billion) (Thousand Units)

46. Spain Automotive Tire Market, By Tire Type, 2016–2026 (USD Billion) (Thousand Units)

47. Spain Automotive Tire Market, By Vehicle Type, 2016–2026 (USD Billion) (Thousand Units)

48. Spain Automotive Tire Market, By End Consumers, 2016–2026 (USD Billion) (Thousand Units)

49. Turkey Automotive Tire Market, By Tire Type, 2016–2026 (USD Billion) (Thousand Units)

50. Turkey Automotive Tire Market, By Vehicle Type, 2016–2026 (USD Billion) (Thousand Units)

51. Turkey Automotive Tire Market, By End Consumers, 2016–2026 (USD Billion) (Thousand Units)

52. Switzerland Automotive Tire Market, By Tire Type, 2016–2026 (USD Billion) (Thousand Units)

53. Switzerland Automotive Tire Market, By Vehicle Type, 2016–2026 (USD Billion) (Thousand Units)

54. Switzerland Automotive Tire Market, By End Consumers, 2016–2026 (USD Billion) (Thousand Units)

55. Belgium Automotive Tire Market, By Tire Type, 2016–2026 (USD Billion) (Thousand Units)

56. Belgium Automotive Tire Market, By Vehicle Type, 2016–2026 (USD Billion) (Thousand Units)

57. Belgium Automotive Tire Market, By End Consumers, 2016–2026 (USD Billion) (Thousand Units)

58. Asia Pacific Automotive Tire Market, By Tire Type, 2016–2026 (USD Billion) (Thousand Units)

59. Asia Pacific Automotive Tire Market, By Vehicle Type, 2016–2026 (USD Billion) (Thousand Units)

60. Asia Pacific Automotive Tire Market, By End Consumers, 2016–2026 (USD Billion) (Thousand Units)

61. Japan Automotive Tire Market, By Tire Type, 2016–2026 (USD Billion) (Thousand Units)

62. Japan Automotive Tire Market, By Vehicle Type, 2016–2026 (USD Billion) (Thousand Units)

63. Japan Automotive Tire Market, By End Consumers, 2016–2026 (USD Billion) (Thousand Units)

64. China Automotive Tire Market, By Tire Type, 2016–2026 (USD Billion) (Thousand Units)

65. China Automotive Tire Market, By Vehicle Type, 2016–2026 (USD Billion) (Thousand Units)

66. China Automotive Tire Market, By End Consumers, 2016–2026 (USD Billion) (Thousand Units)

67. India Automotive Tire Market, By Tire Type, 2016–2026 (USD Billion) (Thousand Units)

68. India Automotive Tire Market, By Vehicle Type, 2016–2026 (USD Billion) (Thousand Units)

69. India Automotive Tire Market, By End Consumers, 2016–2026 (USD Billion) (Thousand Units)

70. South Korea Automotive Tire Market, By Tire Type, 2016–2026 (USD Billion) (Thousand Units)

71. South Korea Automotive Tire Market, By Vehicle Type, 2016–2026 (USD Billion) (Thousand Units)

72. South Korea Automotive Tire Market, By End Consumers, 2016–2026 (USD Billion) (Thousand Units)

73. Australia Automotive Tire Market, By Tire Type, 2016–2026 (USD Billion) (Thousand Units)

74. Australia Automotive Tire Market, By Vehicle Type, 2016–2026 (USD Billion) (Thousand Units)

75. Australia Automotive Tire Market, By End Consumers, 2016–2026 (USD Billion) (Thousand Units)

76. Singapore Automotive Tire Market, By Tire Type, 2016–2026 (USD Billion) (Thousand Units)

77. Singapore Automotive Tire Market, By Vehicle Type, 2016–2026 (USD Billion) (Thousand Units)

78. Singapore Automotive Tire Market, By End Consumers, 2016–2026 (USD Billion) (Thousand Units)

79. Malaysia Automotive Tire Market, By Tire Type, 2016–2026 (USD Billion) (Thousand Units)

80. Malaysia Automotive Tire Market, By Vehicle Type, 2016–2026 (USD Billion) (Thousand Units)

81. Malaysia Automotive Tire Market, By End Consumers, 2016–2026 (USD Billion) (Thousand Units)

82. Thailand Automotive Tire Market, By Tire Type, 2016–2026 (USD Billion) (Thousand Units)

83. Thailand Automotive Tire Market, By Vehicle Type, 2016–2026 (USD Billion) (Thousand Units)

84. Thailand Automotive Tire Market, By End Consumers, 2016–2026 (USD Billion) (Thousand Units)

85. Indonesia Automotive Tire Market, By Tire Type, 2016–2026 (USD Billion) (Thousand Units)

86. Indonesia Automotive Tire Market, By Vehicle Type, 2016–2026 (USD Billion) (Thousand Units)

87. Indonesia Automotive Tire Market, By End Consumers, 2016–2026 (USD Billion) (Thousand Units)

88. Philippines Automotive Tire Market, By Tire Type, 2016–2026 (USD Billion) (Thousand Units)

89. Philippines Automotive Tire Market, By Vehicle Type, 2016–2026 (USD Billion) (Thousand Units)

90. Philippines Automotive Tire Market, By End Consumers, 2016–2026 (USD Billion) (Thousand Units)

91. Philippines Automotive Tire Market, By Uses, 2016–2026 (USD Billion) (Thousand Units)

92. South America Automotive Tire Market, By Tire Type, 2016–2026 (USD Billion) (Thousand Units)

93. South America Automotive Tire Market, By Vehicle Type, 2016–2026 (USD Billion) (Thousand Units)

94. South America Automotive Tire Market, By End Consumers, 2016–2026 (USD Billion) (Thousand Units)

95. Brazil Automotive Tire Market, By Tire Type, 2016–2026 (USD Billion) (Thousand Units)

96. Brazil Automotive Tire Market, By Vehicle Type, 2016–2026 (USD Billion) (Thousand Units)

97. Brazil Automotive Tire Market, By End Consumers, 2016–2026 (USD Billion) (Thousand Units)

98. Argentina Automotive Tire Market, By Tire Type, 2016–2026 (USD Billion) (Thousand Units)

99. Argentina Automotive Tire Market, By Vehicle Type, 2016–2026 (USD Billion) (Thousand Units)

100. Argentina Automotive Tire Market, By End Consumers, 2016–2026 (USD Billion) (Thousand Units)

101. Colombia Automotive Tire Market, By Tire Type, 2016–2026 (USD Billion) (Thousand Units)

102. Colombia Automotive Tire Market, By Vehicle Type, 2016–2026 (USD Billion) (Thousand Units)

103. Colombia Automotive Tire Market, By End Consumers, 2016–2026 (USD Billion) (Thousand Units)

104. Middle East and Africa Automotive Tire Market, By Tire Type, 2016–2026 (USD Billion) (Thousand Units)

105. Middle East and Africa Automotive Tire Market, By Vehicle Type, 2016–2026 (USD Billion) (Thousand Units)

106. Middle East and Africa Automotive Tire Market, By End Consumers, 2016–2026 (USD Billion) (Thousand Units)

107. Saudi Arabia Automotive Tire Market, By Tire Type, 2016–2026 (USD Billion) (Thousand Units)

108. Saudi Arabia Automotive Tire Market, By Vehicle Type, 2016–2026 (USD Billion) (Thousand Units)

109. Saudi Arabia Automotive Tire Market, By End Consumers, 2016–2026 (USD Billion) (Thousand Units)

110. UAE Automotive Tire Market, By Tire Type, 2016–2026 (USD Billion) (Thousand Units)

111. UAE Automotive Tire Market, By Vehicle Type, 2016–2026 (USD Billion) (Thousand Units)

112. UAE Automotive Tire Market, By End Consumers, 2016–2026 (USD Billion) (Thousand Units)

113. Egypt Automotive Tire Market, By Tire Type, 2016–2026 (USD Billion) (Thousand Units)

114. Egypt Automotive Tire Market, By Vehicle Type, 2016–2026 (USD Billion) (Thousand Units)

115. Egypt Automotive Tire Market, By End Consumers, 2016–2026 (USD Billion) (Thousand Units)

116. Nigeria Automotive Tire Market, By Tire Type, 2016–2026 (USD Billion) (Thousand Units)

117. Nigeria Automotive Tire Market, By Vehicle Type, 2016–2026 (USD Billion) (Thousand Units)

118. Nigeria Automotive Tire Market, By End Consumers, 2016–2026 (USD Billion) (Thousand Units)

119. South Africa Automotive Tire Market, By Tire Type, 2016–2026 (USD Billion) (Thousand Units)

120. South Africa Automotive Tire Market, By Vehicle Type, 2016–2026 (USD Billion) (Thousand Units)

121. South Africa Automotive Tire Market, By End Consumers, 2016–2026 (USD Billion) (Thousand Units)

Research Methodology

Market research is a method of gathering, assessing and deducing data & information about a particular market. Market research is very crucial in these days. The techniques analyze about how a product/service can be offered to the market to its end-customers, observe the impact of that product/service based on the past customer experiences, and cater their needs and demands. Owing to the successful business ventures, accurate, relevant and thorough information is the base for all the organizations because market research report/study offers specific market related data & information about the industry growth prospects, perspective of the existing customers, and the overall market scenario prevailed in past, ongoing present and developing future. It allows the stakeholders and investors to determine the probability of a business before committing substantial resources to the venture. Market research helps in solving the marketing issues challenges that a business will most likely face.

Market research is valuable because of the following reasons:

Market research helps businesses strengthen a company’s position
Market research helps in minimizing the investment risks associated with the businesses in any industry vertical
Market research helps in identifying the potential threats and opportunities associated with the business industry
Market research aids in spotting the emerging trends and facilitates strategic planning in order to stay ahead in the competition

Our research report features both the aspects; qualitative and quantitative. Qualitative part provides insights about the market driving forces, potential opportunities, customer’s demands and requirement which in turn help the companies to come up with new strategies in order to survive in the long run competition. The quantitative segment offers the most credible information related to the industry. Based on the data gathering, we use to derive the market size and estimate their future growth prospects on the basis of global, region and country.

Our market research process involves with the four specific stages.

Data Collection
Data Synthesis
Market Deduction & Formulation
Data Screening & Validation

Data Collection: This stage of the market research process involves with the gathering and collecting of the market/industry related data from the sources. There are basically two types of research methods:

Primary Research: By conducting primary research, it involves with the two types of data gathering; exploratory and specific. Exploratory data is open-ended and helps us to define a particular problem involving surveys, and pilot study to the specific consumer group, knowing their needs and wants catering to the industry related product/service offering. Explanatory data gathering follows with the bit of unstructured way. Our analyst group leads the study by focusing on the key crowd, in this manner picking up bits of knowledge from them. In light of the points of view of the clients, this data is used to plan advertise techniques. In addition, showcase overviews causes us to comprehend the current scenario of the business. Specific data gathering on the hand, involves with the more structured and formal way. The primary research usually includes in telephonic conversations, E-mail collaborations and up close and personal meetings/interviews with the raw material suppliers, industrial wholesalers, and independent consultants/specialists. The interviews that we conduct offers important information on showcase size and industry development patterns. Our company likewise conducts interviews with the different business specialists so as to increase generally bits of knowledge of the business/showcase.
Secondary Research: The secondary research incorporates with the data gathering from the non-profit associations and organizations, for example, World bank, WHO, investor relations and their presentations, statistical databases, yearly(annual reports) reports, national government records, factual databases, websites, articles, white papers, press releases, blogs and others. From the annual report, we deduce an organization's income/revenue generation to comprehend the key product segment related to the market. We examine the organization sites and implement product mapping strategy which is significant for determining the segment revenue. In the product mapping technique, we choose and categorize the products offered by the companies catering to the industry specific market, derive the segment revenue for each of the organizations to get the market estimation. We also gather data & Information based on the supply and demand side of the value chain involved with the domain specific market. The supply side denotes the distributors, wholesalers, suppliers and the demand side denotes the end-consumers/customers of the value chain. The supply side of the market is analyzed by examining the product growth across industry in each of the region followed by its pricing analysis. The demand side is analyzed by the evaluating the penetration level and adoption rates of the product by referring to the historical/past data, examine the present usage and forecasting the future trends.
Purchased Database: Our purchased data provides insights about the key market players/companies along with their financial analysis. Additionally, our data base also includes market related information.

We also have the agreements with various reputed data providers, consultants and third party vendors who provide information which are not limited to:

Export & Import Data
Business Information related to trade and its statistics
Penetration level of a particular product/service based on geography mainly focusing on the unmet prerequisites of the customers.

In-house Library: Apart from these third-party sources, we have our in-house library of quantitative and qualitative data & information. Our in-house database includes market data for various industry and domains. These data are updated on regular basis as per the changing market scenario. Our library includes, internal audit reports, historic databases, archives and journal publications. Sometimes there are instances where there is no metadata or raw data available for any domain specific market. For those particular cases, we utilize our expertise to forecast and estimate the market size in order to generate comprehensive data sets. Our analyst team adopts a robust research technique in order to deduce the market size and its estimates:
Examining demographic along with psychographic segmentation for market evaluation
Analyzing the macro and micro-economic indicators for each demography
Evaluating the current industry trends popular in the market.

Data Synthesis: This stage includes the evaluation and assessment of all the data acquired from the primary and secondary research. It likewise includes in evaluating the information for any disparity watched while information gathering identified with the market. The data & information is gathered with consideration to the heterogeneity of sources. Scientific and statistical methods are implemented for synthesizing dissimilar information sets and provide the relevant data which is fundamental for formulating strategies. Our organization has broad involvement with information amalgamation where the information goes through different stages:

Information Screening: Information screening is the way toward examining information/data gathered from the sources for errors/mistakes and amending it before data integration process. The screening includes in looking at raw information, identifying and distinguishing mistakes and managing missing information. The reason for the information screening is to ensure information is effectively entered or not. Our organization utilizes objective and precise information screening grades through repetitive quality checks.
Data Integration: The data integration method involves with the incorporation of numerous information streams. The data streams is important so as to deliver investigate examines that give overall market scenario to the investors. These information streams originate from different research contemplates and our in house database. After the screening of the information, our analysts conduct efficient integration of the data streams, optimizing connections between integrated surveys and syndicated data sources. There are two research approaches that we follow so as to coordinate our information; top down methodology and bottom up methodology.

Top-down analysis generally refers to using broad factors as a basis for decision making. The top-down approach helps in identifying the overall market scenario along with the external and internal factors effecting the market growth.

The bottom-up approach takes a completely different approach. Generally, the bottom-up approach focuses its analysis on micro attributes and specific characteristics of the domain specific market.

Market Formulation & Deduction: The last stage includes assigning the data & information in a suitable way in order to derive market size. Analyst reviews and domain based opinions based on holistic approach of market estimation combined with industry investigation additionally features a crucial role in this stage.

This stage includes with the finalization of the market size and numbers that we have gathered from primary and secondary research. With the data & information addition, we ensure that there is no gap in the market information. Market trend analysis is finished by our analysts by utilizing data extrapolation procedures, which give the most ideal figures to the market.

Data Validation: Validation is the most crucial step in the process. Validation & re-validation through scientifically designed technique and process that helps us finalize data-points to be used for final calculations. This stage also involves with the data triangulation process. Data triangulation generally implicates the cross validation and matching the data which has been collected from primary and secondary research methods.

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Quality & ReliabilityWe are committed to providing reliable and highly accurate data with an excellent quality control system

Global Outreach6 Major regions and 40+ countries level analysis accomplished

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Testimonials

Hi John,
Thanks for the report. We've been going through it and see some good data on the market and players. –

Kennedy Brown
Health Technology Innovation
United States

Hi Rahul,
Thank You for the report it is good and beneficial for me.
Thank You in Advance

Mika Salomäki

Dear Siddhartha,
Thank you for your fast reply. The report arrived safe and sound, evrything looks all right.
Thank you very much for your assitance and I will be looking forward to another opportunity for cooperation.

ONDŘEJ ŠUPKA
Analytics Department
ČESKÁ ZBROJOVKA A.S.

Dear Siddhartha,
The report looks good, and we believe the material mix is more realistic now. It is good to know you report “Net” Manufacturing Selling Price, as that can make a difference in how we view the numbers. The reports were great and we appreciate your working with us.
Thanks for all your help!