Global Rubber Tires Market

Global Rubber Tires Market Overview

• The Global Rubber Tires Market Size is anticipated to grow from USD 148.0 Billion in 2023 to USD 231.0 Billion by 2033, growing at a CAGR of 4.55% from 2023 to 2033.
• The market growth is rising due to the rising vehicle production and expanding transportation infrastructure.
• There is surging technological advancement such as two tire technology, smart tires, Treadstat, and Rim management that help to track the tires performance. 
• The rubber tires market refers to the industry of manufacturing, distributing, and selling tires for vehicles such as passenger cars, commercial trucks, motorcycles, and agricultural equipment.   

Major vendors in the global rubber tires market

Goodyear, MRF, Pirelli & C.S.p.A., Bridgestone Corporation, Continental AG, MICHELIN, Hangzhou Zhongce Rubber Co., Ltd., Nexen Tire Corporation, Hankook Tire, Kumho Tire Co. Inc., Sumitomo Rubber Industries, Ltd., Toyo Tire & Rubber Co., Ltd., Yokohomo Tire Corporation, and others.

Market Segment

This study forecasts revenue at global, regional, and country levels from 2023 to 2033. Spherical Insights has segmented the rubber tires market based on the below-mentioned segments:

Global Rubber Tires Market, By Type

• Radial
• Bias
• Solid

Global Rubber Tires Market, By Sales Channel

• OEMs
• Aftermarket 

Global Rubber Tires Market, By Application

• Passenger Vehicles
• Light Commercial Vehicles
• Trucks & Buses
• Construction & Mining Vehicles
• Agriculture Tractors
• Industrial Vehicles
• Motorcycles & Scooters

Global Rubber Tires Market, By Regional Analysis

• North America
  • US
  • Canada
  • Mexico
• Europe
  • Germany
  • UK
  • France
  • Italy
  • Spain
  • Russia
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Australia
  • Rest of Asia Pacific
• South America
  • Brazil
  • Argentina
  • Rest of South America
• Middle East & Africa
  • UAE
  • Saudi Arabia
  • Qatar
  • South Africa
  • Rest of the Middle East & Africa