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Global Commercial Truck Tires Market Research Report 2024
Synopsis
A tire is usually made of rubber, is a component that covers metal or wood wheels around the circumference.
The global Commercial Truck Tires market was valued at US$ 49130 million in 2023 and is anticipated to reach US$ 62510 million by 2030, witnessing a CAGR of 3.5% 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.
This report aims to provide a comprehensive presentation of the global market for Commercial Truck Tires, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Commercial Truck Tires.
Report Scope
The Commercial Truck Tires market size, estimations, and forecasts are provided in terms of output/shipments (K Units) and revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global Commercial Truck Tires market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Commercial Truck Tires manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, production, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.
Market Segmentation
By Company
Continental
Sumitomo Rubber
Toyo Tire & Rubber
Yokohama Rubber
Cooper
Pirelli
Nokian
Giti
Michelin
Bridgestone
Goodyear
Hankook
Camso
Titan
Trelleborg
Aichi
Mitas
Advance
Segment by Type
Diagonal Tires
Radial Tires
Segment by Application
Heavy Truck
Light Truck
Production by Region
North America
Europe
China
Japan
South Korea
India
Consumption by Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
China Taiwan
Southeast Asia
India
Latin America, Middle East & Africa
Mexico
Brazil
Turkey
GCC Countries
Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by region, by Type, by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Detailed analysis of Commercial Truck Tires manufacturers competitive landscape, price, production and value market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Production/output, value of Commercial Truck Tires by region/country. It provides a quantitative analysis of the market size and development potential of each region in the next six years.
Chapter 4: Consumption of Commercial Truck Tires in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and production of each country in the world.
Chapter 5: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 6: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product production/output, value, price, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: 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 10: The main points and conclusions of the report.
A tire is usually made of rubber, is a component that covers metal or wood wheels around the circumference.
The global Commercial Truck Tires market was valued at US$ 49130 million in 2023 and is anticipated to reach US$ 62510 million by 2030, witnessing a CAGR of 3.5% 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.
This report aims to provide a comprehensive presentation of the global market for Commercial Truck Tires, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Commercial Truck Tires.
Report Scope
The Commercial Truck Tires market size, estimations, and forecasts are provided in terms of output/shipments (K Units) and revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global Commercial Truck Tires market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Commercial Truck Tires manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, production, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.
Market Segmentation
By Company
Continental
Sumitomo Rubber
Toyo Tire & Rubber
Yokohama Rubber
Cooper
Pirelli
Nokian
Giti
Michelin
Bridgestone
Goodyear
Hankook
Camso
Titan
Trelleborg
Aichi
Mitas
Advance
Segment by Type
Diagonal Tires
Radial Tires
Segment by Application
Heavy Truck
Light Truck
Production by Region
North America
Europe
China
Japan
South Korea
India
Consumption by Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
China Taiwan
Southeast Asia
India
Latin America, Middle East & Africa
Mexico
Brazil
Turkey
GCC Countries
Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by region, by Type, by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Detailed analysis of Commercial Truck Tires manufacturers competitive landscape, price, production and value market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Production/output, value of Commercial Truck Tires by region/country. It provides a quantitative analysis of the market size and development potential of each region in the next six years.
Chapter 4: Consumption of Commercial Truck Tires in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and production of each country in the world.
Chapter 5: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 6: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product production/output, value, price, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: 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 10: The main points and conclusions of the report.
Index1 Commercial Truck Tires Market Overview
1.1 Product Definition
1.2 Commercial Truck Tires Segment by Type
1.2.1 Global Commercial Truck Tires Market Value Growth Rate Analysis by Type 2023 VS 2030
1.2.2 Diagonal Tires
1.2.3 Radial Tires
1.3 Commercial Truck Tires Segment by Application
1.3.1 Global Commercial Truck Tires Market Value Growth Rate Analysis by Application: 2023 VS 2030
1.3.2 Heavy Truck
1.3.3 Light Truck
1.4 Global Market Growth Prospects
1.4.1 Global Commercial Truck Tires Production Value Estimates and Forecasts (2019-2030)
1.4.2 Global Commercial Truck Tires Production Capacity Estimates and Forecasts (2019-2030)
1.4.3 Global Commercial Truck Tires Production Estimates and Forecasts (2019-2030)
1.4.4 Global Commercial Truck Tires Market Average Price Estimates and Forecasts (2019-2030)
1.5 Assumptions and Limitations
2 Market Competition by Manufacturers
2.1 Global Commercial Truck Tires Production Market Share by Manufacturers (2019-2024)
2.2 Global Commercial Truck Tires Production Value Market Share by Manufacturers (2019-2024)
2.3 Global Key Players of Commercial Truck Tires, Industry Ranking, 2022 VS 2023 VS 2024
2.4 Global Commercial Truck Tires Market Share by Company Type (Tier 1, Tier 2 and Tier 3)
2.5 Global Commercial Truck Tires Average Price by Manufacturers (2019-2024)
2.6 Global Key Manufacturers of Commercial Truck Tires, Manufacturing Base Distribution and Headquarters
2.7 Global Key Manufacturers of Commercial Truck Tires, Product Offered and Application
2.8 Global Key Manufacturers of Commercial Truck Tires, Date of Enter into This Industry
2.9 Commercial Truck Tires Market Competitive Situation and Trends
2.9.1 Commercial Truck Tires Market Concentration Rate
2.9.2 Global 5 and 10 Largest Commercial Truck Tires Players Market Share by Revenue
2.10 Mergers & Acquisitions, Expansion
3 Commercial Truck Tires Production by Region
3.1 Global Commercial Truck Tires Production Value Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
3.2 Global Commercial Truck Tires Production Value by Region (2019-2030)
3.2.1 Global Commercial Truck Tires Production Value Market Share by Region (2019-2024)
3.2.2 Global Forecasted Production Value of Commercial Truck Tires by Region (2025-2030)
3.3 Global Commercial Truck Tires Production Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
3.4 Global Commercial Truck Tires Production by Region (2019-2030)
3.4.1 Global Commercial Truck Tires Production Market Share by Region (2019-2024)
3.4.2 Global Forecasted Production of Commercial Truck Tires by Region (2025-2030)
3.5 Global Commercial Truck Tires Market Price Analysis by Region (2019-2024)
3.6 Global Commercial Truck Tires Production and Value, Year-over-Year Growth
3.6.1 North America Commercial Truck Tires Production Value Estimates and Forecasts (2019-2030)
3.6.2 Europe Commercial Truck Tires Production Value Estimates and Forecasts (2019-2030)
3.6.3 China Commercial Truck Tires Production Value Estimates and Forecasts (2019-2030)
3.6.4 Japan Commercial Truck Tires Production Value Estimates and Forecasts (2019-2030)
3.6.5 South Korea Commercial Truck Tires Production Value Estimates and Forecasts (2019-2030)
3.6.6 India Commercial Truck Tires Production Value Estimates and Forecasts (2019-2030)
4 Commercial Truck Tires Consumption by Region
4.1 Global Commercial Truck Tires Consumption Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
4.2 Global Commercial Truck Tires Consumption by Region (2019-2030)
4.2.1 Global Commercial Truck Tires Consumption by Region (2019-2024)
4.2.2 Global Commercial Truck Tires Forecasted Consumption by Region (2025-2030)
4.3 North America
4.3.1 North America Commercial Truck Tires Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.3.2 North America Commercial Truck Tires Consumption by Country (2019-2030)
4.3.3 U.S.
4.3.4 Canada
4.4 Europe
4.4.1 Europe Commercial Truck Tires Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.4.2 Europe Commercial Truck Tires Consumption by Country (2019-2030)
4.4.3 Germany
4.4.4 France
4.4.5 U.K.
4.4.6 Italy
4.4.7 Russia
4.5 Asia Pacific
4.5.1 Asia Pacific Commercial Truck Tires Consumption Growth Rate by Region: 2019 VS 2023 VS 2030
4.5.2 Asia Pacific Commercial Truck Tires Consumption by Region (2019-2030)
4.5.3 China
4.5.4 Japan
4.5.5 South Korea
4.5.6 China Taiwan
4.5.7 Southeast Asia
4.5.8 India
4.6 Latin America, Middle East & Africa
4.6.1 Latin America, Middle East & Africa Commercial Truck Tires Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.6.2 Latin America, Middle East & Africa Commercial Truck Tires Consumption by Country (2019-2030)
4.6.3 Mexico
4.6.4 Brazil
4.6.5 Turkey
5 Segment by Type
5.1 Global Commercial Truck Tires Production by Type (2019-2030)
5.1.1 Global Commercial Truck Tires Production by Type (2019-2024)
5.1.2 Global Commercial Truck Tires Production by Type (2025-2030)
5.1.3 Global Commercial Truck Tires Production Market Share by Type (2019-2030)
5.2 Global Commercial Truck Tires Production Value by Type (2019-2030)
5.2.1 Global Commercial Truck Tires Production Value by Type (2019-2024)
5.2.2 Global Commercial Truck Tires Production Value by Type (2025-2030)
5.2.3 Global Commercial Truck Tires Production Value Market Share by Type (2019-2030)
5.3 Global Commercial Truck Tires Price by Type (2019-2030)
6 Segment by Application
6.1 Global Commercial Truck Tires Production by Application (2019-2030)
6.1.1 Global Commercial Truck Tires Production by Application (2019-2024)
6.1.2 Global Commercial Truck Tires Production by Application (2025-2030)
6.1.3 Global Commercial Truck Tires Production Market Share by Application (2019-2030)
6.2 Global Commercial Truck Tires Production Value by Application (2019-2030)
6.2.1 Global Commercial Truck Tires Production Value by Application (2019-2024)
6.2.2 Global Commercial Truck Tires Production Value by Application (2025-2030)
6.2.3 Global Commercial Truck Tires Production Value Market Share by Application (2019-2030)
6.3 Global Commercial Truck Tires Price by Application (2019-2030)
7 Key Companies Profiled
7.1 Continental
7.1.1 Continental Commercial Truck Tires Corporation Information
7.1.2 Continental Commercial Truck Tires Product Portfolio
7.1.3 Continental Commercial Truck Tires Production, Value, Price and Gross Margin (2019-2024)
7.1.4 Continental Main Business and Markets Served
7.1.5 Continental Recent Developments/Updates
7.2 Sumitomo Rubber
7.2.1 Sumitomo Rubber Commercial Truck Tires Corporation Information
7.2.2 Sumitomo Rubber Commercial Truck Tires Product Portfolio
7.2.3 Sumitomo Rubber Commercial Truck Tires Production, Value, Price and Gross Margin (2019-2024)
7.2.4 Sumitomo Rubber Main Business and Markets Served
7.2.5 Sumitomo Rubber Recent Developments/Updates
7.3 Toyo Tire & Rubber
7.3.1 Toyo Tire & Rubber Commercial Truck Tires Corporation Information
7.3.2 Toyo Tire & Rubber Commercial Truck Tires Product Portfolio
7.3.3 Toyo Tire & Rubber Commercial Truck Tires Production, Value, Price and Gross Margin (2019-2024)
7.3.4 Toyo Tire & Rubber Main Business and Markets Served
7.3.5 Toyo Tire & Rubber Recent Developments/Updates
7.4 Yokohama Rubber
7.4.1 Yokohama Rubber Commercial Truck Tires Corporation Information
7.4.2 Yokohama Rubber Commercial Truck Tires Product Portfolio
7.4.3 Yokohama Rubber Commercial Truck Tires Production, Value, Price and Gross Margin (2019-2024)
7.4.4 Yokohama Rubber Main Business and Markets Served
7.4.5 Yokohama Rubber Recent Developments/Updates
7.5 Cooper
7.5.1 Cooper Commercial Truck Tires Corporation Information
7.5.2 Cooper Commercial Truck Tires Product Portfolio
7.5.3 Cooper Commercial Truck Tires Production, Value, Price and Gross Margin (2019-2024)
7.5.4 Cooper Main Business and Markets Served
7.5.5 Cooper Recent Developments/Updates
7.6 Pirelli
7.6.1 Pirelli Commercial Truck Tires Corporation Information
7.6.2 Pirelli Commercial Truck Tires Product Portfolio
7.6.3 Pirelli Commercial Truck Tires Production, Value, Price and Gross Margin (2019-2024)
7.6.4 Pirelli Main Business and Markets Served
7.6.5 Pirelli Recent Developments/Updates
7.7 Nokian
7.7.1 Nokian Commercial Truck Tires Corporation Information
7.7.2 Nokian Commercial Truck Tires Product Portfolio
7.7.3 Nokian Commercial Truck Tires Production, Value, Price and Gross Margin (2019-2024)
7.7.4 Nokian Main Business and Markets Served
7.7.5 Nokian Recent Developments/Updates
7.8 Giti
7.8.1 Giti Commercial Truck Tires Corporation Information
7.8.2 Giti Commercial Truck Tires Product Portfolio
7.8.3 Giti Commercial Truck Tires Production, Value, Price and Gross Margin (2019-2024)
7.8.4 Giti Main Business and Markets Served
7.7.5 Giti Recent Developments/Updates
7.9 Michelin
7.9.1 Michelin Commercial Truck Tires Corporation Information
7.9.2 Michelin Commercial Truck Tires Product Portfolio
7.9.3 Michelin Commercial Truck Tires Production, Value, Price and Gross Margin (2019-2024)
7.9.4 Michelin Main Business and Markets Served
7.9.5 Michelin Recent Developments/Updates
7.10 Bridgestone
7.10.1 Bridgestone Commercial Truck Tires Corporation Information
7.10.2 Bridgestone Commercial Truck Tires Product Portfolio
7.10.3 Bridgestone Commercial Truck Tires Production, Value, Price and Gross Margin (2019-2024)
7.10.4 Bridgestone Main Business and Markets Served
7.10.5 Bridgestone Recent Developments/Updates
7.11 Goodyear
7.11.1 Goodyear Commercial Truck Tires Corporation Information
7.11.2 Goodyear Commercial Truck Tires Product Portfolio
7.11.3 Goodyear Commercial Truck Tires Production, Value, Price and Gross Margin (2019-2024)
7.11.4 Goodyear Main Business and Markets Served
7.11.5 Goodyear Recent Developments/Updates
7.12 Hankook
7.12.1 Hankook Commercial Truck Tires Corporation Information
7.12.2 Hankook Commercial Truck Tires Product Portfolio
7.12.3 Hankook Commercial Truck Tires Production, Value, Price and Gross Margin (2019-2024)
7.12.4 Hankook Main Business and Markets Served
7.12.5 Hankook Recent Developments/Updates
7.13 Camso
7.13.1 Camso Commercial Truck Tires Corporation Information
7.13.2 Camso Commercial Truck Tires Product Portfolio
7.13.3 Camso Commercial Truck Tires Production, Value, Price and Gross Margin (2019-2024)
7.13.4 Camso Main Business and Markets Served
7.13.5 Camso Recent Developments/Updates
7.14 Titan
7.14.1 Titan Commercial Truck Tires Corporation Information
7.14.2 Titan Commercial Truck Tires Product Portfolio
7.14.3 Titan Commercial Truck Tires Production, Value, Price and Gross Margin (2019-2024)
7.14.4 Titan Main Business and Markets Served
7.14.5 Titan Recent Developments/Updates
7.15 Trelleborg
7.15.1 Trelleborg Commercial Truck Tires Corporation Information
7.15.2 Trelleborg Commercial Truck Tires Product Portfolio
7.15.3 Trelleborg Commercial Truck Tires Production, Value, Price and Gross Margin (2019-2024)
7.15.4 Trelleborg Main Business and Markets Served
7.15.5 Trelleborg Recent Developments/Updates
7.16 Aichi
7.16.1 Aichi Commercial Truck Tires Corporation Information
7.16.2 Aichi Commercial Truck Tires Product Portfolio
7.16.3 Aichi Commercial Truck Tires Production, Value, Price and Gross Margin (2019-2024)
7.16.4 Aichi Main Business and Markets Served
7.16.5 Aichi Recent Developments/Updates
7.17 Mitas
7.17.1 Mitas Commercial Truck Tires Corporation Information
7.17.2 Mitas Commercial Truck Tires Product Portfolio
7.17.3 Mitas Commercial Truck Tires Production, Value, Price and Gross Margin (2019-2024)
7.17.4 Mitas Main Business and Markets Served
7.17.5 Mitas Recent Developments/Updates
7.18 Advance
7.18.1 Advance Commercial Truck Tires Corporation Information
7.18.2 Advance Commercial Truck Tires Product Portfolio
7.18.3 Advance Commercial Truck Tires Production, Value, Price and Gross Margin (2019-2024)
7.18.4 Advance Main Business and Markets Served
7.18.5 Advance Recent Developments/Updates
8 Industry Chain and Sales Channels Analysis
8.1 Commercial Truck Tires Industry Chain Analysis
8.2 Commercial Truck Tires Key Raw Materials
8.2.1 Key Raw Materials
8.2.2 Raw Materials Key Suppliers
8.3 Commercial Truck Tires Production Mode & Process
8.4 Commercial Truck Tires Sales and Marketing
8.4.1 Commercial Truck Tires Sales Channels
8.4.2 Commercial Truck Tires Distributors
8.5 Commercial Truck Tires Customers
9 Commercial Truck Tires Market Dynamics
9.1 Commercial Truck Tires Industry Trends
9.2 Commercial Truck Tires Market Drivers
9.3 Commercial Truck Tires Market Challenges
9.4 Commercial Truck Tires Market Restraints
10 Research Finding and Conclusion
11 Methodology and Data Source
11.1 Methodology/Research Approach
11.1.1 Research Programs/Design
11.1.2 Market Size Estimation
11.1.3 Market Breakdown and Data Triangulation
11.2 Data Source
11.2.1 Secondary Sources
11.2.2 Primary Sources
11.3 Author List
11.4 Disclaimer
Published By : QY Research
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