Automotive Tire AfterMarket Market Share and Business Opportunities 2031
Automotive Tire Aftermarket Market: Strategic Insights
Automotive Tire Aftermarket Market
-
CAGR (2023 - 2031)5.7% -
Market Size 2023
US$ 1,18,278.92 Million -
Market Size 2031
US$ 1,84,271.41 Million
Market Dynamics
GROWTH DRIVERS
- Rising Demand for Fuel-Efficient Tires
FUTURE TRENDS
- Increased sale of electric vehicles and surge in demand for the tubeless tires is expected to create ample opportunity for the market growth
OPPORTUNITIES
- The increasing demand for the green tires in the commercial and passenger vehicles driving the trend in the market.
Key Players
- APOLLO TIRES LTD
- Continental AG
- PIRELLI AND C S P A
- Sumitomo Rubber Industries Ltd
- THE GOODYEAR TIRE AND RUBBER COMPANY
- YOKOHAMA RUBBER CO LTD
- ZHONGCE RUBBER GROUP CO LTD
- NEXEN TIRE AMERICA INC
- BRIDGESTONE CORPORATION
- MICHELIN
Regional Overview
- North America
- Europe
- Asia-Pacific
- South and Central America
- Middle East and Africa
Market Segmentation
Tire Type
- Radial Tire and Bias Tire
Distribution Channel
- Original Equipment Supplier and Independent Aftermarket
Rim Size
- 13-15
- 16-18
- 19-21
- more than 21
Vehicle Type
- Passenger Cars
- Light Commercial Vehicles
- Heavy Commercial Vehicles