Automotive Tire Market Insights and Global
Industry Forecast to 2023
This report provides in depth study of “Automotive Tire Market” using
SWOT analysis i.e. Strength, Weakness, Opportunities and Threat to
the organization. The Automotive Tire Market report also provides an
in-depth survey of key players in the market organization.
Global Automotive Tire Market Synopsis:
The Global “Automotive Tire Market” research 2019 highlights the major details and provides in-depth
analysis of the market along with the future growth, prospects and Industry demands analysis explores
with the help of complete report with 125 Pages, figures, graphs and table of contents to analyze the
situations of global Automotive Tire Market and Assessment to 2023.
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The Automotive Tire industry has also suffered a certain impact, but still maintained a relatively
optimistic growth, the past four years, Automotive Tire market size to maintain the average annual
growth rate of 0.025236857571 from 162000.0 million $ in 2014 to 183500.0 million $ in 2018, Market
analysts believe that in the next few years, Automotive Tire market size will be further expanded, we
expect that by 2023, The market size of the Automotive Tire will reach 206000.0 million $.
The global market for Global Automotive Tire is expected to grow at a progressive rate in the forecast
period with a high level of competition. The rising number of players interested in participating in the
global market is one of the major reasons encouraging stiff competition in the forecast period.
Industry News: The Specialty in Tire for Automotive Company Continental closed its economic year with
a strong result. The EcoContact 6 is the brand-new summer tire from Continental that joins a portfolio
which this year features almost 240 new additions, including new tire sizes for sports cars, mid-range
and luxury-class cars, minis and subcompacts. As a result, the German tire manufacturer now offers one
of the world’s most extensive ranges of tires for cars, SUVs and light commercial vehicles. In tire tests
staged by the automotive media and automobile clubs, Continental’s summer tires scored first-place
finishes and top ratings.
Automotive Tire Market Covers Table of Contents With Segments, Key Players And Region. On the Basis
of Type, Automotive Tire Market is sub segmented into Bias Tire and Radial Tire. The radial tire segment
generated the maximum revenue and is expected to grow at a faster rate. Based on Vehicle Type, Tire
Market is sub segmented into Passenger Car and Commecial Car.