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Vehicle Tyre Market Positioning Strategy in 2024: Identifying Unique Value Propositions

Vehicle Tyre is a ring-shaped component that surrounds a wheel's rim to transfer a vehicle's load from the axle through the wheel to the ground and to provide traction on the surface traveled over.
Published 07 May 2024

    The global market for Vehicle Tyre was estimated to be worth US$ million in 2023 and is forecast to a readjusted size of US$ million by 2030 with a CAGR of % during the forecast period 2024-2030.

    In 2022, global tire sales reached 1.749 billion units, of which the three major markets of Europe, North America and China will collectively sell 1.14 billion units, accounting for 65% of the total. China is the world's largest tire producer and exporter. Among the top 75 tire companies in 2022 released by Tire Business, 34 are Chinese companies (including 5 from Taiwan), with a total sale of approximately US$ 34.5 billion, accounting for approximately 19.42% of the total global sales. According to data from the National Bureau of Statistics, by the end of December 2022, the output of rubber tire casings in China was about 856 million. According to the data of the General Administration of Customs, in 2022, the cumulative export volume of rubber tires in China was 7.65 million tons, a year-on-year increase of 4.7%; the export value was ¥131.418 billion, an increase of 16%; the trade surplus was 103.709 billion yuan, an increase of ¥15.89 billion.

Global Market Research Publisher QYResearch announces the release of its lastest report “Vehicle Tyre - Global Market Share and Ranking, Overall Sales and Demand Forecast 2024-2030”. Based on historical analysis (2019-2023) and forecast calculations (2024-2030), this report provides a comprehensive analysis of the global Vehicle Tyre market, including market size, share, demand, industry development status, and forecasts for the next few years. Provides advanced statistics and information on global market conditions and studies the strategic patterns adopted by renowned players across the globe.

【Get a free sample PDF of this report (Including Full TOC, List of Tables & Figures, Chart)】

Some of the Key Questions Answered in this Report:

  • What is the Vehicle Tyre market size at the regional and country-level
  • What are the key drivers, restraints, opportunities, and challenges of the Vehicle Tyre market, and how they are expected to impact the market
  • What is the global (North America, Europe, Asia-Pacific, Latin America, Middle East and Africa) sales value, production value, consumption value, import and export of Vehicle Tyre
  • Who are the global key manufacturers of the Vehicle Tyre Industry, How is their operating situation (capacity, production, sales, price, cost, gross, and revenue)
  • What are the Vehicle Tyre market opportunities and threats faced by the vendors in the global Vehicle Tyre Industry
  • Which application/end-user or product type may seek incremental growth prospects,What is the market share of each type and application
  • What focused approach and constraints are holding the Vehicle Tyre market
  • What are the different sales, marketing, and distribution channels in the global industry
  • What are the upstream raw materials andof Vehicle Tyre along with the manufacturing process of Vehicle Tyre
  • What are the key market trends impacting the growth of the Vehicle Tyre market
  • Economic impact on the Vehicle Tyre industry and development trend of the Vehicle Tyre industry
  • What are the Vehicle Tyre market opportunities, market risk, and market overview of the Vehicle Tyre market

Overall, this report strives to provide you with the insights and information you need to make informed business decisions and stay ahead of the competition.

All findings, data and information provided in the report have been verified and re-verified with the help of reliable sources. The analysts who wrote the report conducted in-depth research using unique and industry-best research and analysis methods.

The report provides a detailed analysis of the market size, growth potential, and key trends for each segment. Through detailed analysis, industry players can identify profit opportunities, develop strategies for specific customer segments, and allocate resources effectively.

The Vehicle Tyre market is segmented as below:

By Company






    Shanghai Huayi

    Sumitomo Rubber Industries

    ZC Rubber


    Nokian Tyres



    Triangle Group

Segment by Type

    Radial Tyre

    Bias Tyre

Segment by Application



This information will help stakeholders make informed decisions and develop effective strategies for growth. The report's analysis of the restraints in the market is crucial for strategic planning as it helps stakeholders understand the challenges that could hinder growth. This information will enable stakeholders to devise effective strategies to overcome these challenges and capitalize on the opportunities presented by the growing market. Furthermore, the report incorporates the opinions of market experts to provide valuable insights into the market's dynamics. This information will help stakeholders gain a better understanding of the market and make informed decisions.

Each chapter of the report provides detailed information for readers to further understand the Vehicle Tyre market:

Chapter One: Introduces the study scope of this report, executive summary of market segments by Type, market size segments for North America, Europe, Asia Pacific, Latin America, Middle East & Africa.

Chapter Two: Detailed analysis of Vehicle Tyre manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.

Chapter Three: Sales, revenue of Vehicle Tyre in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.

Chapter Four: Introduces market segments by Application, market size segment for North America, Europe, Asia Pacific, Latin America, Middle East & Africa.

Chapter Five, Six, Seven, Eight and Nine: North America, Europe, Asia Pacific, Latin America, Middle East & Africa, sales and revenue by country.

Chapter Ten: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.

Chapter Eleven: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics. Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.

Chapter Twelve: Analysis of sales channel, distributors and customers.

Chapter Thirteen: Research Findings and Conclusion.

Table of Contents

1 Vehicle Tyre Market Overview

1.2 Vehicle Tyre Market by Type

1.3 Global Vehicle Tyre Market Size by Type

1.4 Key Regions Market Size by Type

1.4.1 North America Vehicle Tyre Sales Breakdown by Type (2019-2024)

1.4.2 Europe Vehicle Tyre Sales Breakdown by Type (2019-2024)

1.4.3 Asia-Pacific Vehicle Tyre Sales Breakdown by Type (2019-2024)

1.4.4 Latin America Vehicle Tyre Sales Breakdown by Type (2019-2024)

1.4.5 Middle East and Africa Vehicle Tyre Sales Breakdown by Type (2019-2024)

2 Vehicle Tyre Market Competition by Company

2.1 Global Top Players by Vehicle Tyre Sales (2019-2024)

2.2 Global Top Players by Vehicle Tyre Revenue (2019-2024)

2.3 Global Top Players by Vehicle Tyre Price (2019-2024)

2.4 Global Top Manufacturers Vehicle Tyre Manufacturing Base Distribution, Sales Area, Product Type

2.5 Vehicle Tyre Market Competitive Situation and Trends

2.5.1 Vehicle Tyre Market Concentration Rate (2019-2024)

2.5.2 Global 5 and 10 Largest Manufacturers by Vehicle Tyre Sales and Revenue in 2023

2.6 Global Top Manufacturers by Company Type (Tier 1, Tier 2, and Tier 3) & (based on the Revenue in Vehicle Tyre as of 2023)

2.7 Date of Key Manufacturers Enter into Vehicle Tyre Market

2.8 Key Manufacturers Vehicle Tyre Product Offered

2.9 Mergers & Acquisitions, Expansion

3 Vehicle Tyre Status and Outlook by Region

3.1 Global Vehicle Tyre Market Size and CAGR by Region: 2019 VS 2023 VS 2030

3.2 Global Vehicle Tyre Historic Market Size by Region

3.3 Global Vehicle Tyre Forecasted Market Size by Region


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