Heavy-Duty Tires Market is expected to reach USD 25650 Million by the end of 2029: Cognitive Market Research

Heavy-duty tire is tire sepcially used for heavy-duty vehicles.

LPI (LP Information)' newest research report, the “Heavy-Duty Tires Industry Forecast” looks at past sales and reviews total world Heavy-Duty Tires sales in 2022, providing a comprehensive analysis by region and market sector of projected Heavy-Duty Tires sales for 2023 through 2029. With Heavy-Duty Tires sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Heavy-Duty Tires industry.

This Insight Report provides a comprehensive analysis of the global Heavy-Duty Tires landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Heavy-Duty Tires portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Heavy-Duty Tires market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Heavy-Duty Tires and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Heavy-Duty Tires.

The global Heavy-Duty Tires market size is projected to grow from US$ 31760 million in 2022 to US$ 25650 million in 2029; it is expected to grow at a CAGR of 25650 from 2023 to 2029.

Global Heavy-Duty Tires key players include Bridgestone, Michelin, Goodyear, Continental, Zhongce Rubber etc. Global top five manufacturers hold a share over 50%.

Asia Pacific is the largest market, with a share over 40%, followed by Europe and North America, both have a share over 40% percent.

In terms of product, Rim Diameter ≤29 inch is the largest segment, with a share over 60%. And in terms of application, the largest application is Heavy Duty Truck Tires followed by OTR Tires.

This report presents a comprehensive overview, market shares, and growth opportunities of Heavy-Duty Tires market by product type, application, key manufacturers and key regions and countries.

Top Manufactures in Global Heavy-Duty Tires Includes:

    Bridgestone

    Michelin

    Goodyear

    Continental

    Zhongce Rubber

    Apollo

    Chem China

    Double Coin Holdings

    Guizhou Tire

    Titan

    Prinx Chengshan

    Trelleborg

    Pirelli

    Yokohama Tire

    BKT

    Linglong Tire

    Xugong Tyres

    Triangle

    Hawk International Rubber

    Nokian

    Shandong Taishan Tyre

    Carlisle

    Shandong Yinbao

    Sumitomo

    Doublestar

    Fujian Haian Rubber

    JK Tyre

    Specialty Tires

    Techking Tires

Market Segment by Type, covers:

    Rim Diameter ≤29 inch

    29 inch＜Rim Diameter≤39 inch

    39 inch＜Rim Diameter≤49 inch

    Rim Diameter ＞49 inch

Market Segment by Applications, can be divided into:

    Heavy Duty Truck Tires

    OTR Tires

    Agricultural Tires

Key Questions Addressed in this Report

What is the 10-year outlook for the global Heavy-Duty Tires market?

What factors are driving Heavy-Duty Tires market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Heavy-Duty Tires market opportunities vary by end market size?

How does Heavy-Duty Tires break out type, application?

What are the influences of COVID-19 and Russia-Ukraine war?

Request Sample Report and Full Report TOC:

https://www.lpinformationdata.com/reports/457291/heavy-duty-tires-2029

LP INFORMATION (LPI) is a professional market report publisher based in America, providing high quality market research reports with competitive prices to help decision makers make informed decisions and take strategic actions to achieve excellent outcomes.We have an extensive library of reports on hundreds of technologies.Search for a specific term, or click on an industry to browse our reports by subject. Narrow down your results using our filters or sort by what’s important to you, such as publication date, price, or name.

LP INFORMATION

E-mail: info@lpinformationdata.com

Add: 17890 Castleton St. Suite 369 City of Industry, CA 91748 US

Website: https://www.lpinformationdata.com