Asia-Pacific Tire Market
Asia-Pacific Tire Market Size, Share & Trends Analysis Report By Vehicle Type (Passenger Cars, Light & Medium Commercial Vehicle, Heavy Commercial Vehicle, Two-Wheeler and Other), By Road Application (All-Season Tire, Summer Tire, Winter Tire and Other), By Construction (Radial Tire and Bias Ply Tire), By Tire Type (Tubeless Tire and Tubbed Tire), By Sales Channel (OEM and Aftermarket) Forecast Period 2020-2026 Update Available - Forecast 2024-2030
The Asia-Pacific tire market is projected to witness a CAGR of 3.5% during the forecast period (2020-2026). Expected growth in the automotive market of the emerging economies such as China, India, South Korea, and ASEAN countries during the forecast period is a major factor for the growth of the market. Moreover, increasing per capita income and rising demand for high-performance tires are also increasing in the region. Demand from agricultural, and other special categories such as off-road, go-kart is expected, which is expected to provide significant growth to the market.
The Asia-Pacific tire market is segmented based on vehicle type, road application, construction, tire type, and sales channel. By vehicle type, the market is further segmented into passenger cars, light & medium commercial vehicles, heavy commercial vehicles, two-wheeler, and other. During the forecast period, passenger cars and two-wheelers are expected to maintain a major market share in the country (in terms of volume). The market is further studied based on geography and is segmented into China, Japan, India, and the Rest of Asia Pacific. China will hold the largest market share during the forecast period.
Some of the key players of the Asia-Pacific tire market include Apollo Tires Ltd., Bridgestone Corp., Giti Tire Pte Ltd., MRF Ltd., Sumitomo Rubber Industries Ltd., The Yokohama Rubber Co, Ltd., and Toyo Tire Corp., among others. The market players are significantly contributing to the market growth by adopting various strategies including mergers, & acquisitions, collaborations, new product launch, and geographical expansion, to stay competitive in the market.
Research Methodology
The market study of the Asia-Pacific tire market is incorporated by extensive primary and secondary research conducted by the research team at OMR. Secondary research has been conducted to refine the available data to breakdown the market into various segments, derive total market size, market forecast, and growth rate. Different approaches have been worked on to derive the market value and market growth rate. Our team collects facts and data related to the market from different geography to provide a better regional outlook. In the report, the country-level analysis is provided by analyzing various regional players, regional tax laws and policies, consumer behavior, and macro-economic factors. Numbers extracted from secondary research have been authenticated by conducting proper primary research. It includes tracking down key people from the industry and interviewing them to validate the data. This enables our analyst to derive the closest possible figures without any major deviations in the actual number. Our analysts try to contact as many executives, managers, key opinion leaders, and industry experts to bring more authenticity to the reports.
Secondary Sources Include
- Financial reports of companies involved in the market.
- Whitepapers, research-papers, and news blogs.
- Company websites and their product catalog.
The report is intended for tire manufacturers & distributors, automakers, auto-ancillary companies, start-ups, venture capitalists, seed funders, research organizations, and other related organizations for overall market analysis and competitive analysis. The report provides an in-depth analysis of market size, products offered by the companies, and future market opportunities. The report will serve as a source for a 360-degree analysis of the market thoroughly delivering insights into the market for making better business decisions.
Market Segmentation
- Asia-Pacific Tire Market Research and Analysis by Vehicle Type
- Asia-Pacific Tire Market Research and Analysis by Road Application
- Asia-Pacific Tire Market Research and Analysis by Construction
- Asia-Pacific Tire Market Research and Analysis by Tire Type
- Asia-Pacific Tire Market Research and Analysis by Sales Channel
The Report Covers
- Comprehensive research methodology of the Asia-Pacific Tire market.
- This report also includes a detailed and extensive market overview with key analyst insights.
- An exhaustive analysis of macro and micro factors influencing the market guided by key recommendations.
- Analysis of regional regulations and other government policies impacting the Asia-Pacific Tire industry.
- Insights about market determinants which are stimulating the Asia-Pacific Tire market.
- Detailed and extensive market segments with regional distribution of forecasted revenues.
- Extensive profiles and recent developments of market players.
1. Report Summary
1.1. Research Methods and Tools
1.2. Market Breakdown
1.2.1. By Segments
1.2.2. By Geography
2. Market Overview and Insights
2.1. Scope of the Report
2.2. Analyst Insight & Current Market Trends
2.2.1. Key Findings
2.2.2. Recommendations
2.2.3. Conclusion
2.3. Rules & Regulations
3. Market Determinants
3.1. Motivators
3.2. Restraints
3.3. Opportunities
4. Market Segmentation
4.1. Asia-Pacific Automotive Tire Market by Vehicle Type
4.1.1. Passenger Cars
4.1.2. Light &Medium Commercial Vehicle
4.1.3. Heavy Commercial Vehicle
4.1.4. Two-Wheeler
4.1.5. Other (Construction, Agricultural, Customized Sports)
4.2. Asia-Pacific Automotive Tire Market by Road Application
4.2.1. All-Season Tire
4.2.2. Summer Tire
4.2.3. Winter Tire
4.2.4. Other (All-Terrain Tire)
4.3. Asia-Pacific Automotive Tire Market by Construction
4.3.1. Radial Tire
4.3.2. Bias Ply Tire
4.4. Asia-Pacific Automotive Tire Market by Tire Type
4.4.1. Tubeless Tire
4.4.2. Tubbed Tire
4.5. Asia-Pacific Automotive Tire Market by Sales Channel
4.5.1. OEM (Original Equipment Manufacturer)
4.5.2. Aftermarket (Replacement)
5. Regional Analysis
5.1. China
5.2. Japan
5.3. India
5.4. Rest of Asia-Pacific
6. Company Profiles
6.1. Aeolus Tyre Co. Ltd.
6.1.1. Overview
6.1.2. Aeolus Tyre Co. Ltd. in Asia-Pacific
6.1.3. olusTyre Co. Ltd. in Tire Industry
6.1.4. Recent Developments
6.2. Apollo Tires Ltd.
6.3. Bridgestone Corp.
6.4. Ceat Ltd.
6.5. Cheng Shin Rubber Ind. Co. Ltd.
6.6. Continental AG
6.7. Cooper Tire & Rubber Co.
6.8. Giti Tire Pte Ltd.
6.9. Goodyear Tire and Rubber Co.
6.10. Hankook Tire Co. Ltd.
6.11. JKTyre& Industries Ltd.
6.12. Kenda Rubber Industrial Co., Ltd.
6.13. Kumho Tire Co. Inc.
6.14. Michelin Group
6.15. MRF Ltd.
6.16. Nexan Tire Corp.
6.17. Omni United (S) Pte. Ltd.
6.18. Pirelli & C. S.p.A.
6.19. Sumitomo Rubber Industries Ltd.
6.20. The Yokohama Rubber Co, Ltd.
6.21. Toyo Tire Corp.
1. ASIA-PACIFIC TIRE MARKET RESEARCH AND ANALYSIS BY VEHICLE TYPE, 2019-2026 ($ MILLION)
2. ASIA-PACIFIC PASSENGER CARS TIRE MARKET RESEARCH AND ANALYSIS BY GEOGRAPHY, 2019-2026 ($ MILLION)
3. ASIA-PACIFIC LIGHT & MEDIUM COMMERCIAL VEHICLE TIRE MARKET RESEARCH AND ANALYSIS BY GEOGRAPHY, 2019-2026 ($ MILLION)
4. ASIA-PACIFIC HEAVY COMMERCIAL VEHICLE TIRE MARKET RESEARCH AND ANALYSIS BY GEOGRAPHY, 2019-2026 ($ MILLION)
5. ASIA-PACIFIC TWO-WHEELER TIRE MARKET RESEARCH AND ANALYSIS BY GEOGRAPHY, 2019-2026 ($ MILLION)
6. ASIA-PACIFIC OTHER VEHICLE TIRE MARKET RESEARCH AND ANALYSIS BY GEOGRAPHY, 2019-2026 ($ MILLION)
7. ASIA-PACIFIC TIRE MARKET RESEARCH AND ANALYSIS BY ROAD APPLICATION, 2019-2026 ($ MILLION)
8. ASIA-PACIFIC ALL-SEASON TIRE MARKET RESEARCH AND ANALYSIS BY GEOGRAPHY, 2019-2026 ($ MILLION)
9. ASIA-PACIFIC SUMMER TIRE MARKET RESEARCH AND ANALYSIS BY GEOGRAPHY, 2019-2026 ($ MILLION)
10. ASIA-PACIFIC WINTER TIRE MARKET RESEARCH AND ANALYSIS BY GEOGRAPHY, 2019-2026 ($ MILLION)
11. ASIA-PACIFIC OTHER APPLICATION TIRE MARKET RESEARCH AND ANALYSIS BY GEOGRAPHY, 2019-2026 ($ MILLION)
12. ASIA-PACIFIC TIRE MARKET RESEARCH AND ANALYSIS BY TIRE CONSTRUCTION, 2019-2026 ($ MILLION)
13. ASIA-PACIFIC RADIAL TIRE MARKET RESEARCH AND ANALYSIS BY GEOGRAPHY, 2019-2026 ($ MILLION)
14. ASIA-PACIFIC BIAS PLY TIRE MARKET RESEARCH AND ANALYSIS BY GEOGRAPHY, 2019-2026 ($ MILLION)
15. ASIA-PACIFIC TIRE MARKET RESEARCH AND ANALYSIS BY TIRE TYPE, 2019-2026 ($ MILLION)
16. ASIA-PACIFIC TUBELESS TIRE MARKET RESEARCH AND ANALYSIS BY GEOGRAPHY, 2019-2026 ($ MILLION)
17. ASIA-PACIFIC TUBBED TIRE MARKET RESEARCH AND ANALYSIS BY GEOGRAPHY, 2019-2026 ($ MILLION)
18. CHINA TIRE MARKET RESEARCH AND ANALYSIS BY VEHICLE TYPE, 2019-2026 ($ MILLION)
19. CHINA TIRE MARKET RESEARCH AND ANALYSIS BY ROAD APPLICATION, 2019-2026 ($ MILLION)
20. CHINA TIRE MARKET RESEARCH AND ANALYSIS BY CONSTRUCTION, 2019-2026 ($ MILLION)
21. CHINA TIRE MARKET RESEARCH AND ANALYSIS BY TIRE TYPE, 2019-2026 ($ MILLION)
22. CHINA TIRE MARKET RESEARCH AND ANALYSIS BY SALES CHANNEL, 2019-2026 ($ MILLION)
23. JAPAN TIRE MARKET RESEARCH AND ANALYSIS BY VEHICLE TYPE, 2019-2026 ($ MILLION)
24. JAPAN TIRE MARKET RESEARCH AND ANALYSIS BY ROAD APPLICATION, 2019-2026 ($ MILLION)
25. JAPAN TIRE MARKET RESEARCH AND ANALYSIS BY CONSTRUCTION, 2019-2026 ($ MILLION)
26. JAPAN TIRE MARKET RESEARCH AND ANALYSIS BY TIRE TYPE, 2019-2026 ($ MILLION)
27. JAPAN TIRE MARKET RESEARCH AND ANALYSIS BY SALES CHANNEL, 2019-2026 ($ MILLION)
28. INDIA TIRE MARKET RESEARCH AND ANALYSIS BY VEHICLE TYPE, 2019-2026 ($ MILLION)
29. INDIA TIRE MARKET RESEARCH AND ANALYSIS BY ROAD APPLICATION, 2019-2026 ($ MILLION)
30. INDIA TIRE MARKET RESEARCH AND ANALYSIS BY CONSTRUCTION, 2019-2026 ($ MILLION)
31. INDIA TIRE MARKET RESEARCH AND ANALYSIS BY TIRE TYPE, 2019-2026 ($ MILLION)
32. INDIA TIRE MARKET RESEARCH AND ANALYSIS BY SALES CHANNEL, 2019-2026 ($ MILLION)
33. REST OF ASIA-PACIFIC TIRE MARKET RESEARCH AND ANALYSIS BY VEHICLE TYPE, 2019-2026 ($ MILLION)
34. REST OF ASIA-PACIFIC TIRE MARKET RESEARCH AND ANALYSIS BY ROAD APPLICATION, 2019-2026 ($ MILLION)
35. REST OF ASIA-PACIFIC TIRE MARKET RESEARCH AND ANALYSIS BY CONSTRUCTION, 2019-2026 ($ MILLION)
36. REST OF ASIA-PACIFIC TIRE MARKET RESEARCH AND ANALYSIS BY TIRE TYPE, 2019-2026 ($ MILLION)
37. REST OF ASIA-PACIFIC TIRE MARKET RESEARCH AND ANALYSIS BY SALES CHANNEL, 2019-2026 ($ MILLION)
1. ASIA-PACIFIC TIRE MARKET SHARE BY VEHICLE TYPE, 2019 VS 2026 (%)
2. ASIA-PACIFIC TIRE MARKET SHARE BY ROAD APPLICATION, 2019 VS 2026 (%)
3. ASIA-PACIFIC TIRE MARKET SHARE BY CONSTRUCTION, 2019 VS 2026 (%)
4. ASIA-PACIFIC TIRE MARKET SHARE BY TIRE TYPE, 2019 VS 2026 (%)
5. ASIA-PACIFIC TIRE MARKET SHARE BY SALES CHANNEL, 2019 VS 2026 (%)
6. ASIA-PACIFIC TIRE MARKET SHARE BY COUNTRY, 2019 VS 2026 (%)
7. CHINA TIRE MARKET SIZE, 2019-2026 ($ MILLION)
8. JAPAN TIRE MARKET SIZE, 2019-2026 ($ MILLION)
9. INDIA TIRE MARKET SIZE, 2019-2026 ($ MILLION)
10. REST OF ASIA-PACIFIC TIRE MARKET SIZE, 2019-2026 ($ MILLION)
