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Global Automotive Tire Market Opportunities and Forecast 2023-2030

  •   DLR2061
  •   May, 2024
  •   Pages: 120
  •  Global

Automotive Tire Market Overview

Automotive tires are pneumatic structures attached to the rims of a vehicle that convey vehicle power to the ground. Natural rubber, synthetic rubber, wire, and fabric are all used to make the tire. The global Automotive Tire market is expected to rise at a significant rate in the forthcoming years.  Increased vehicle demand is predicted to enhance the automotive tires market. To broaden their product portfolio, several automakers provide a variety of models. A number of rim sizes are available for the vehicle models. Customers' increasing need for personalization and the variation of tire sizes according to the model are projected to increase the automotive tires market.

Additionally, SUV sales accounted for 34% of total car sales in China in 2017. The movement of the tire market toward larger rim sizes is due to the demand for high clearance and vehicles with a sporty appearance. The global demand for SUVs is likely to enhance the automotive tires market. The demand for low profile or low aspect ratio tires is increasing as the number of premium and luxury automobiles on the road grow. This aspect is also enhancing the growth of the global automotive tires market.

 

 

Report Metric Details
Market size available for years 2023–2030
Base year considered 2023
Forecast period 2024–2030
Forecast unit Value (USD Million)
Segments covered Rim Size, Material, Vehicle Type, Sales Channel, and Region.
Regions covered North America (the U.S. and Canada), Europe (UK, Germany, France, Italy, Spain, Russia, Rest of Europe), Asia-Pacific (China, India, Japan, Australia, South East Asia, Rest of Asia Pacific), Latin America and the Middle East and Africa (Brazil, Saudi Arabia, UAE, Rest of LAMEA)
Companies covered Bridgestone Corporation, Continental AG, The Goodyear Tire & Rubber Company, Pirelli & C.S.p.A., Michelin AG, CEAT Ltd., Cooper Tire & Rubber Co., Ltd., Sumitomo Rubber Industries, Ltd., Toyo Tire & Rubber Co., Ltd. 

 


Covid-19 Impact on Automotive Tire Market
 
The outbreak of the covid-19 has a severe and swift impact on the automobile and transportation industry. This is majorly due to the shutdown of assembly plants in the US, interruptions across Europe in large-scale manufacturing, and disruption in the export of Chinese parts. In addition to this, the industry is dealing with reduced demand across the globe due to changes in customer behavior and shifts in a supply-demand chain. A recent study shows a 39% decline in sales of automotive all over the world. Moreover, the nationwide lockdowns have substantially affected the transportation sector. Restrictions on transportation accounted for a 45 to 55% decline in public as well as private transport sectors.

Automotive Tire Market Segment Overview

Automotive Tire Market Segment

Based on Rim Size, the 18’’-21’’ rim size segment is estimated to expand in the forecast period. SUVs and crossovers accounted for 42% of vehicle sales in the United States and 26% of vehicle sales in Europe in 2017. The need for 18"-21" rim size tires is predicted to rise as passenger car demand shifts from sedans to SUVs.

Automotive Tire Market, By Rim Size
·       12’’-17’’
·       18’’-21’’
·       >22’’

Automotive Tire Market, By Material
·       Natural Rubber
·       Synthetic Rubber

Automotive Tire Market, By Vehicle Type
·       Passenger Vehicle
·       Light Commercial Vehicle
·       Heavy Commercial Vehicle

Automotive Tire Market, By Sales Channel
·       OEM
·       Aftermarket 

Automotive Tire Regional Overview

In terms of region, the global Automotive Tire market is divided into North America, Asia Pacific, Europe, Latin America, and Middle East & Africa. North America and Europe are significant regions for the market. Moreover, the market in the Asia Pacific is projected to rise considerably in the forecast period. The expansion of the automobile industry in China, India, and South Korea has helped Asia Pacific increase its share of the global market.
 
 Automotive Tire Market, By Geography

·       North America (US & Canada)
·       Europe (UK, Germany, France, Italy, Spain, Russia & Rest of Europe)
·       Asia-Pacific (Japan, China, India, Australia, & South Korea, & Rest of Asia-Pacific)
·       LAMEA (Brazil, Saudi Arabia, UAE & Rest of LAMEA)
 
Automotive Tire Market Competitor overview

Some key developments and strategies adopted by manufacturers in Automotive Tire are highlighted below.

·       In June 2018, a world first has been claimed by Bridgestone Corporation with the development of a polymer that bonds rubber and resins at the molecular level. Bridgestone believes this High Strength Rubber (HSR) polymer will lead to tyres that require fewer raw materials to deliver the performance expected from them.

Automotive Tire Market, Key Players

·       Bridgestone Corporation
·       Continental AG
·       The Goodyear Tire & Rubber Company
·       Pirelli & C.S.p.A.
·       Michelin AG
·       CEAT Ltd.
·       Cooper Tire & Rubber Co., Ltd.
·       Sumitomo Rubber Industries, Ltd.
·       Toyo Tire & Rubber Co., Ltd.

 

 



Frequently Asked Questions (FAQ) :

Q1. What are the driving factors for the global Automotive Tire market?

Customers' increasing need for personalization and the variation of tire sizes according to the model are projected to increase the Automotive Tire market

Q2. Which Segments are covered in the global Automotive Tire market report?

Rim Size, Aspect Ratio, Material, Ply, Tube, Season, Vehicle Type, Sales Channel, and Region. these segments are covered in the global Automotive Tire market report

Q3. Which segment is projected to hold the largest share in the global Automotive Tire market?

18’’-21’’ rim size segment is projected to hold the largest share in the global Automotive Tire market.

Q4. Which region holds the largest share in the global Automotive Tire market?

North America held the largest share in the global Automotive Tire market.

Q5. Which are the prominent players in the global Automotive Tire market?

Bridgestone Corporation, Continental AG, The Goodyear Tire & Rubber Company, Pirelli & C.S.p.A., Michelin AG, CEAT Ltd., Cooper Tire & Rubber Co., Ltd., Sumitomo Rubber Industries, Ltd., Toyo Tire & Rubber Co., Ltd. are some key players in the global Automotive Tire market.

Automotive Tire Market Study Global Market Analysis, Insights and Forecast, 2020-2027

    1. Introduction

    • 1.1. Research Scope
    • 1.2. Market Segmentation
    • 1.3. Research Methodology
    • 1.4. Definitions and Assumptions

    2. Executive Summary

      3. Market Dynamics

      • 3.1. Market Drivers
      • 3.2. Market Restraints
      • 3.3. Market Opportunities

      4. Key Insights

      • 4.1. Key Emerging Trends – For Major Countries
      • 4.2. Latest Technological Advancement
      • 4.3. Regulatory Landscape
      • 4.4. Industry SWOT Analysis
      • 4.5. Porters Five Forces Analysis

      5. Global Automotive Tire Market Analysis (USD Billion), Insights and Forecast, 2020-2027

      • 5.1. Key Findings / Summary
      • 5.2. Market Analysis, Insights and Forecast – By Rim Size
        • 5.2.1. 12’’-17’’
        • 5.2.2. 18’’-21’’
        • 5.2.3. >22’’
      • 5.3. Market Analysis, Insights and Forecast – By Material
        • 5.3.1. Natural Rubber
        • 5.3.2. Synthetic Rubber
      • 5.4. Market Analysis, Insights and Forecast – By Vehicle Type
        • 5.4.1. Passenger Vehicle
        • 5.4.2. Light Commercial Vehicle
        • 5.4.3. Heavy Commercial Vehicle
      • 5.5. Market Analysis, Insights and Forecast – By Sales Channel
        • 5.5.1. OEM
        • 5.5.2. Aftermarket
      • 5.6. Market Analysis, Insights and Forecast – By Region
        • 5.6.1. North America
        • 5.6.2. Europe
        • 5.6.3. Asia Pacific
        • 5.6.4. Latin America, Middle East and Africa

      6. North America Automotive Tire Market Analysis (USD Billion), Insights and Forecast, 2020-2027

      • 6.1. Key Findings / Summary
      • 6.2. Market Analysis, Insights and Forecast – By Rim Size
        • 6.2.1. 12’’-17’’
        • 6.2.2. 18’’-21’’
        • 6.2.3. >22’’
      • 6.3. Market Analysis, Insights and Forecast – By Material
        • 6.3.1. Natural Rubber
        • 6.3.2. Synthetic Rubber
      • 6.4. Market Analysis, Insights and Forecast – By Vehicle Type
        • 6.4.1. Passenger Vehicle
        • 6.4.2. Light Commercial Vehicle
        • 6.4.3. Heavy Commercial Vehicle
      • 6.5. Market Analysis, Insights and Forecast – By Sales Channel
        • 6.5.1. OEM
        • 6.5.2. Aftermarket
      • 6.6. Market Analysis, Insights and Forecast – By Country
        • 6.6.1. U.S.
        • 6.6.2. Canada

      7. Europe Automotive Tire Market Analysis (USD Billion), Insights and Forecast, 2020-2027

      • 7.1. Key Findings / Summary
      • 7.2. Market Analysis, Insights and Forecast – By Rim Size
        • 7.2.1. 12’’-17’’
        • 7.2.2. 18’’-21’’
        • 7.2.3. >22’’
      • 7.3. Market Analysis, Insights and Forecast – By Material
        • 7.3.1. Natural Rubber
        • 7.3.2. Synthetic Rubber
      • 7.4. Market Analysis, Insights and Forecast – By Vehicle Type
        • 7.4.1. Passenger Vehicle
        • 7.4.2. Light Commercial Vehicle
        • 7.4.3. Heavy Commercial Vehicle
      • 7.5. Market Analysis, Insights and Forecast – By Sales Channel
        • 7.5.1. OEM
        • 7.5.2. Aftermarket
      • 7.6. Market Analysis, Insights and Forecast – By Country
        • 7.6.1. UK
        • 7.6.2. Germany
        • 7.6.3. France
        • 7.6.4. Italy
        • 7.6.5. Spain
        • 7.6.6. Russia
        • 7.6.7. Rest of Europe

      8. Asia Pacific Automotive Tire Market Analysis (USD Billion), Insights and Forecast, 2020-2027

      • 8.1. Key Findings / Summary
      • 8.2. Market Analysis, Insights and Forecast – By Rim Size
        • 8.2.1. 12’’-17’’
        • 8.2.2. 18’’-21’’
        • 8.2.3. >22’’
      • 8.3. Market Analysis, Insights and Forecast – By Material
        • 8.3.1. Natural Rubber
        • 8.3.2. Synthetic Rubber
      • 8.4. Market Analysis, Insights and Forecast – By Vehicle Type
        • 8.4.1. Passenger Vehicle
        • 8.4.2. Light Commercial Vehicle
        • 8.4.3. Heavy Commercial Vehicle
      • 8.5. Market Analysis, Insights and Forecast – By Sales Channel
        • 8.5.1. OEM
        • 8.5.2. Aftermarket
      • 8.6. Market Analysis, Insights and Forecast – By Country
        • 8.6.1. China
        • 8.6.2. India
        • 8.6.3. Japan
        • 8.6.4. Australia
        • 8.6.5. South East Asia
        • 8.6.6. Rest of Asia Pacific

      9. Latin America, Middle East and Africa Automotive Tire Market Analysis (USD Billion), Insights and Forecast, 2020-2027

      • 9.1. Key Findings / Summary
      • 9.2. Market Analysis, Insights and Forecast – By Rim Size
        • 9.2.1. 12’’-17’’
        • 9.2.2. 18’’-21’’
        • 9.2.3. >22’’
      • 9.3. Market Analysis, Insights and Forecast – By Material
        • 9.3.1. Natural Rubber
        • 9.3.2. Synthetic Rubber
      • 9.4. Market Analysis, Insights and Forecast – By Vehicle Type
        • 9.4.1. Passenger Vehicle
        • 9.4.2. Light Commercial Vehicle
        • 9.4.3. Heavy Commercial Vehicle
      • 9.5. Market Analysis, Insights and Forecast – By Sales Channel
        • 9.5.1. OEM
        • 9.5.2. Aftermarket
      • 9.6. Market Analysis, Insights and Forecast – By Country
        • 9.6.1. Brazil
        • 9.6.2. Saudi Arabia
        • 9.6.3. UAE
        • 9.6.4. Rest of LAMEA

      10. Competitive Analysis

      • 10.1. Company Market Share Analysis, 2018
      • 10.2. Key Industry Developments
      • 10.3. Company Profile
      • 10.4. BMC Switzerland AG
        • 10.4.1. Business Overview
        • 10.4.2. Segment 1 & Service Offering
        • 10.4.3. Overall Revenue
        • 10.4.4. Geographic Presence
        • 10.4.5. Recent Development
      *Similar details will be provided for the following companies
      • 10.5. Boardman Bikes Ltd
      • 10.6. Cannondale Automotive Tire Corporation (Cycling Sports Group, Inc.)
      • 10.7. Firefox Bikes
      • 10.8. Fuji Bike Worldwide
      • 10.9. Giant Bicycle
      • 10.10. SCOTT Sports SA
      • 10.11. Shimano Inc.
      • 10.12. Specialized Automotive Tire Components, Inc.
      List of Figures

      Figure 1: Global Automotive Tire Market Revenue Breakdown (USD Billion, %) by Region, 2019 & 2027
      Figure 2: Global Market Value Share (%), By Segment 1, 2019 & 2027
      Figure 3: Global Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
      Figure 4: Global Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
      Figure 5: Global Market Value Share (%), By Segment 2, 2019 & 2027
      Figure 6: Global Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
      Figure 7: Global Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
      Figure 8: Global Market Forecast (USD Billion), by Sub-Segment 3, 2016-2027
      Figure 9: Global Automotive Tire Market Forecast (USD Billion), by Others, 2016-2027
      Figure 10: Global Market Value Share (%), By Segment 3, 2019 & 2027
      Figure 11: Global Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
      Figure 12: Global Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
      Figure 13: Global Market Forecast (USD Billion), by Sub-Segment 3, 2016-2027
      Figure 14: Global Market Forecast (USD Billion), by Others, 2016-2027
      Figure 15: Global Market Value (USD Billion), by Region, 2019 & 2027
      Figure 16: North America Automotive Tire Market Value Share (%), By Segment 1, 2019 & 2027
      Figure 17: North America Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
      Figure 18: North America Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
      Figure 19: North America Market Value Share (%), By Segment 2, 2019 & 2027
      Figure 20: North America Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
      Figure 21: North America Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
      Figure 22: North America Market Forecast (USD Billion), by Sub-Segment 3, 2016-2027
      Figure 23: North America Market Forecast (USD Billion), by Others, 2016-2027
      Figure 24: North America Market Value Share (%), By Segment 3, 2019 & 2027
      Figure 25: North America Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
      Figure 26: North America Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
      Figure 27: North America Market Forecast (USD Billion), by Sub-Segment 3, 2016-2027
      Figure 28: North America Market Forecast (USD Billion), by Others, 2016-2027
      Figure 29: North America Market Forecast (USD Billion), by U.S., 2016-2027
      Figure 30: North America Market Forecast (USD Billion), by Canada, 2016-2027
      Figure 31: Latin America Automotive Tire Market Value Share (%), By Segment 1, 2019 & 2027
      Figure 32: Latin America Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
      Figure 33: Latin America Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
      Figure 34: Latin America Market Value Share (%), By Segment 2, 2019 & 2027
      Figure 35: Latin America Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
      Figure 36: Latin America Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
      Figure 37: Latin America Market Forecast (USD Billion), by Sub-Segment 3, 2016-2027
      Figure 38: Latin America Market Forecast (USD Billion), by Others, 2016-2027
      Figure 39: Latin America Market Value Share (%), By Segment 3, 2019 & 2027
      Figure 40: Latin America Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
      Figure 41: Latin America Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
      Figure 42: Latin America Market Forecast (USD Billion), by Sub-Segment 3, 2016-2027
      Figure 43: Latin America Market Forecast (USD Billion), by Others, 2016-2027
      Figure 44: Latin America Market Forecast (USD Billion), by Brazil, 2016-2027
      Figure 45: Latin America Market Forecast (USD Billion), by Mexico, 2016-2027
      Figure 46: Latin America Market Forecast (USD Billion), by Rest of Latin America, 2016-2027
      Figure 47: Europe Automotive Tire Market Value Share (%), By Segment 1, 2019 & 2027
      Figure 48: Europe Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
      Figure 49: Europe Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
      Figure 50: Europe Market Value Share (%), By Segment 2, 2019 & 2027
      Figure 51: Europe Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
      Figure 52: Europe Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
      Figure 53: Europe Market Forecast (USD Billion), by Sub-Segment 3, 2016-2027
      Figure 54: Europe Market Forecast (USD Billion), by Others, 2016-2027
      Figure 55: Europe Market Value Share (%), By Segment 3, 2019 & 2027
      Figure 56: Europe Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
      Figure 57: Europe Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
      Figure 58: Europe Market Forecast (USD Billion), by Sub-Segment 3, 2016-2027
      Figure 59: Europe Market Forecast (USD Billion), by Others, 2016-2027
      Figure 60: Europe Market Forecast (USD Billion), by U.K., 2016-2027
      Figure 61: Europe Market Forecast (USD Billion), by Germany, 2016-2027
      Figure 62: Europe Market Forecast (USD Billion), by France, 2016-2027
      Figure 63: Europe Market Forecast (USD Billion), by Italy, 2016-2027
      Figure 64: Europe Market Forecast (USD Billion), by Spain, 2016-2027
      Figure 65: Europe Market Forecast (USD Billion), by Russia, 2016-2027
      Figure 66: Europe Market Forecast (USD Billion), by Rest of Europe, 2016-2027
      Figure 67: Asia Pacific Automotive Tire Market Value Share (%), By Segment 1, 2019 & 2027
      Figure 68: Asia Pacific Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
      Figure 69: Asia Pacific Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
      Figure 70: Asia Pacific Market Value Share (%), By Segment 2, 2019 & 2027
      Figure 71: Asia Pacific Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
      Figure 72: Asia Pacific Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
      Figure 73: Asia Pacific Market Forecast (USD Billion), by Sub-Segment 3, 2016-2027
      Figure 74: Asia Pacific Market Forecast (USD Billion), by Others, 2016-2027
      Figure 75: Asia Pacific Market Value Share (%), By Segment 3, 2019 & 2027
      Figure 76: Asia Pacific Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
      Figure 77: Asia Pacific Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
      Figure 78: Asia Pacific Market Forecast (USD Billion), by Sub-Segment 3, 2016-2027
      Figure 79: Asia Pacific Market Forecast (USD Billion), by Others, 2016-2027
      Figure 80: Asia Pacific Market Forecast (USD Billion), by China, 2016-2027
      Figure 81: Asia Pacific Market Forecast (USD Billion), by India, 2016-2027
      Figure 82: Asia Pacific Market Forecast (USD Billion), by Japan, 2016-2027
      Figure 83: Asia Pacific Market Forecast (USD Billion), by Australia, 2016-2027
      Figure 84: Asia Pacific Market Forecast (USD Billion), by Southeast Asia, 2016-2027
      Figure 85: Asia Pacific Market Forecast (USD Billion), by Rest of Asia Pacific, 2016-2027
      Figure 86: Middle East & Africa Automotive Tire Market Value Share (%), By Segment 1, 2019 & 2027
      Figure 87: Middle East & Africa Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
      Figure 88: Middle East & Africa Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
      Figure 89: Middle East & Africa Market Value Share (%), By Segment 2, 2019 & 2027
      Figure 90: Middle East & Africa Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
      Figure 91: Middle East & Africa Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
      Figure 92: Middle East & Africa Market Forecast (USD Billion), by Sub-Segment 3, 2016-2027
      Figure 93: Middle East & Africa Market Forecast (USD Billion), by Others, 2016-2027
      Figure 94: Middle East & Africa Market Value Share (%), By Segment 3, 2019 & 2027
      Figure 95: Middle East & Africa Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
      Figure 96: Middle East & Africa Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
      Figure 97: Middle East & Africa Market Forecast (USD Billion), by Sub-Segment 3, 2016-2027
      Figure 98: Middle East & Africa Market Forecast (USD Billion), by Others, 2016-2027
      Figure 99: Middle East & Africa Market Forecast (USD Billion), by GCC, 2016-2027
      Figure 100: Middle East & Africa Market Forecast (USD Billion), by South Africa, 2016-2027
      Figure 101: Middle East & Africa Market Forecast (USD Billion), by Rest of Middle East & Africa, 2016-2027 
      List of Tables
      Table 1: Global Automotive Tire Market Revenue (USD Billion) Forecast, by Segment 1, 2016-2027
      Table 2: Global Market Revenue (USD Billion) Forecast, by Segment 2, 2016-2027
      Table 3: Global Market Revenue (USD Billion) Forecast, by Segment 3, 2016-2027
      Table 4: Global Market Revenue (USD Billion) Forecast, by Region, 2016-2027
      Table 5: North America Automotive Tire Market Revenue (USD Billion) Forecast, by Segment 1, 2016-2027
      Table 6: North America Market Revenue (USD Billion) Forecast, by Segment 2, 2016-2027
      Table 7: North America Market Revenue (USD Billion) Forecast, by Segment 3, 2016-2027
      Table 8: North America Market Revenue (USD Billion) Forecast, by Country, 2016-2027
      Table 9: Europe Automotive Tire Market Revenue (USD Billion) Forecast, by Segment 1, 2016-2027
      Table 10: Europe Market Revenue (USD Billion) Forecast, by Segment 2, 2016-2027
      Table 11: Europe Market Revenue (USD Billion) Forecast, by Segment 3, 2016-2027
      Table 12: Europe Market Revenue (USD Billion) Forecast, by Country, 2016-2027
      Table 13: Latin America Automotive Tire Market Revenue (USD Billion) Forecast, by Segment 1, 2016-2027
      Table 14: Latin America Market Revenue (USD Billion) Forecast, by Segment 2, 2016-2027
      Table 15: Latin America Market Revenue (USD Billion) Forecast, by Segment 3, 2016-2027
      Table 16: Latin America Market Revenue (USD Billion) Forecast, by Country, 2016-2027
      Table 17: Asia Pacific Automotive Tire Market Revenue (USD Billion) Forecast, by Segment 1, 2016-2027
      Table 18: Asia Pacific Market Revenue (USD Billion) Forecast, by Segment 2, 2016-2027
      Table 19: Asia Pacific Market Revenue (USD Billion) Forecast, by Segment 3, 2016-2027
      Table 20: Asia Pacific Market Revenue (USD Billion) Forecast, by Country, 2016-2027
      Table 21: Middle East & Africa Automotive Tire Market Revenue (USD Billion) Forecast, by Segment 1, 2016-2027
      Table 22: Middle East & Africa Market Revenue (USD Billion) Forecast, by Segment 2, 2016-2027
      Table 23: Middle East & Africa Market Revenue (USD Billion) Forecast, by Segment 3, 2016-2027
      Table 24: Middle East & Africa Market Revenue (USD Billion) Forecast, by Country, 2016-2027
      Research Process

      Data Library Research are conducted by industry experts who offer insight on industry structure, market segmentations technology assessment and competitive landscape (CL), and penetration, as well as on emerging trends. Their analysis is based on primary interviews (~ 80%) and secondary research (~ 20%) as well as years of professional expertise in their respective industries. Adding to this, by analysing historical trends and current market positions, our analysts predict where the market will be headed for the next five years. Furthermore, the varying trends of segment & categories geographically presented are also studied and the estimated based on the primary & secondary research.

      In this particular report from the supply side Data Library Research has conducted primary surveys (interviews) with the key level executives (VP, CEO’s, Marketing Director, Business Development Manager and SOFT) of the companies that active & prominent as well as the midsized organization

      FIGURE 1: DLR RESEARH PROCESS

      research-methodology1

      Primary Research

      Extensive primary research was conducted to gain a deeper insight of the market and industry performance. The analysis is based on both primary and secondary research as well as years of professional expertise in the respective industries.

      In addition to analysing current and historical trends, our analysts predict where the market is headed over the next five years.

      It varies by segment for these categories geographically presented in the list of market tables. Speaking about this particular report we have conducted primary surveys (interviews) with the key level executives (VP, CEO’s, Marketing Director, Business Development Manager and many more) of the major players active in the market.

      Secondary Research

      Secondary research was mainly used to collect and identify information useful for the extensive, technical, market-oriented, and Friend’s study of the Global Extra Neutral Alcohol. It was also used to obtain key information about major players, market classification and segmentation according to the industry trends, geographical markets, and developments related to the market and technology perspectives. For this study, analysts have gathered information from various credible sources, such as annual reports, sec filings, journals, white papers, SOFT presentations, and company web sites.

      Market Size Estimation

      Both, top-down and bottom-up approaches were used to estimate and validate the size of the Global market and to estimate the size of various other dependent submarkets in the overall Extra Neutral Alcohol. The key players in the market were identified through secondary research and their market contributions in the respective geographies were determined through primary and secondary research.

      Forecast Model

      research-methodology2