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Global High Performance Radial Tire Market Research Report 2024
Synopsis
High performance radial tires are a type of tire designed for sports cars, luxury cars, and other high-performance vehicles. Radial tires are constructed with layers of fabric and steel cords that are arranged at a 90-degree angle to the direction of travel, creating a sturdy and flexible structure. This allows for better grip on the road and more precise handling. High performance radial tires are often used in motorsports and other high-performance driving applications, where precise handling and grip are essential. They are also used in luxury cars and other high-end vehicles where a smooth, comfortable ride is important.
Global High Performance Radial Tire market is projected to reach US$ million in 2029, increasing from US$ million in 2022, with the CAGR of % during the period of 2023 to 2029. Influencing issues, such as economy environments, COVID-19 and Russia-Ukraine War, have led to great market fluctuations in the past few years and are considered comprehensively in the whole High Performance Radial Tire market research.
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.
Report Scope
This report, based on historical analysis (2018-2022) and forecast calculation (2023-2029), aims to help readers to get a comprehensive understanding of global High Performance Radial Tire market with multiple angles, which provides sufficient supports to readers’ strategy and decision making.
By Company
Michelin
Bridgestone
Pirelli
Goodyear Tire
Sumitomo Rubber
Yokohama Rubber
Continental
Cooper Tire
Giti Tire
Kumho Tire
Hankook
Nitto Tire
Zodo Tire
Guangzhou Vanlead Group
Segment by Type
All-Season Performance Tire
Summer Performance Tire
Track-Oriented Tire
Others
Segment by Application
Sports Car
Racing Car
Large Commercial Vehicle
Others
Production by Region
North America
Europe
China
Japan
South Korea
India
Consumption by Region
North America
United States
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
The High Performance Radial Tire report covers below items:
Chapter 1: Product Basic Information (Definition, type and application)
Chapter 2: Manufacturers’ Competition Patterns
Chapter 3: Production Region Distribution and Analysis
Chapter 4: Country Level Sales Analysis
Chapter 5: Product Type Analysis
Chapter 6: Product Application Analysis
Chapter 7: Manufacturers’ Outline
Chapter 8: Industry Chain, Market Channel and Customer Analysis
Chapter 9: Market Opportunities and Challenges
Chapter 10: Market Conclusions
Chapter 11: Research Methodology and Data Source
High performance radial tires are a type of tire designed for sports cars, luxury cars, and other high-performance vehicles. Radial tires are constructed with layers of fabric and steel cords that are arranged at a 90-degree angle to the direction of travel, creating a sturdy and flexible structure. This allows for better grip on the road and more precise handling. High performance radial tires are often used in motorsports and other high-performance driving applications, where precise handling and grip are essential. They are also used in luxury cars and other high-end vehicles where a smooth, comfortable ride is important.
Global High Performance Radial Tire market is projected to reach US$ million in 2029, increasing from US$ million in 2022, with the CAGR of % during the period of 2023 to 2029. Influencing issues, such as economy environments, COVID-19 and Russia-Ukraine War, have led to great market fluctuations in the past few years and are considered comprehensively in the whole High Performance Radial Tire market research.
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.
Report Scope
This report, based on historical analysis (2018-2022) and forecast calculation (2023-2029), aims to help readers to get a comprehensive understanding of global High Performance Radial Tire market with multiple angles, which provides sufficient supports to readers’ strategy and decision making.
By Company
Michelin
Bridgestone
Pirelli
Goodyear Tire
Sumitomo Rubber
Yokohama Rubber
Continental
Cooper Tire
Giti Tire
Kumho Tire
Hankook
Nitto Tire
Zodo Tire
Guangzhou Vanlead Group
Segment by Type
All-Season Performance Tire
Summer Performance Tire
Track-Oriented Tire
Others
Segment by Application
Sports Car
Racing Car
Large Commercial Vehicle
Others
Production by Region
North America
Europe
China
Japan
South Korea
India
Consumption by Region
North America
United States
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
The High Performance Radial Tire report covers below items:
Chapter 1: Product Basic Information (Definition, type and application)
Chapter 2: Manufacturers’ Competition Patterns
Chapter 3: Production Region Distribution and Analysis
Chapter 4: Country Level Sales Analysis
Chapter 5: Product Type Analysis
Chapter 6: Product Application Analysis
Chapter 7: Manufacturers’ Outline
Chapter 8: Industry Chain, Market Channel and Customer Analysis
Chapter 9: Market Opportunities and Challenges
Chapter 10: Market Conclusions
Chapter 11: Research Methodology and Data Source
Index1 High Performance Radial Tire Market Overview
1.1 Product Definition
1.2 High Performance Radial Tire Segment by Type
1.2.1 Global High Performance Radial Tire Market Value Growth Rate Analysis by Type 2022 VS 2029
1.2.2 All-Season Performance Tire
1.2.3 Summer Performance Tire
1.2.4 Track-Oriented Tire
1.2.5 Others
1.3 High Performance Radial Tire Segment by Application
1.3.1 Global High Performance Radial Tire Market Value Growth Rate Analysis by Application: 2022 VS 2029
1.3.2 Sports Car
1.3.3 Racing Car
1.3.4 Large Commercial Vehicle
1.3.5 Others
1.4 Global Market Growth Prospects
1.4.1 Global High Performance Radial Tire Production Value Estimates and Forecasts (2018-2029)
1.4.2 Global High Performance Radial Tire Production Capacity Estimates and Forecasts (2018-2029)
1.4.3 Global High Performance Radial Tire Production Estimates and Forecasts (2018-2029)
1.4.4 Global High Performance Radial Tire Market Average Price Estimates and Forecasts (2018-2029)
1.5 Assumptions and Limitations
2 Market Competition by Manufacturers
2.1 Global High Performance Radial Tire Production Market Share by Manufacturers (2018-2023)
2.2 Global High Performance Radial Tire Production Value Market Share by Manufacturers (2018-2023)
2.3 Global Key Players of High Performance Radial Tire, Industry Ranking, 2021 VS 2022 VS 2023
2.4 Global High Performance Radial Tire Market Share by Company Type (Tier 1, Tier 2 and Tier 3)
2.5 Global High Performance Radial Tire Average Price by Manufacturers (2018-2023)
2.6 Global Key Manufacturers of High Performance Radial Tire, Manufacturing Base Distribution and Headquarters
2.7 Global Key Manufacturers of High Performance Radial Tire, Product Offered and Application
2.8 Global Key Manufacturers of High Performance Radial Tire, Date of Enter into This Industry
2.9 High Performance Radial Tire Market Competitive Situation and Trends
2.9.1 High Performance Radial Tire Market Concentration Rate
2.9.2 Global 5 and 10 Largest High Performance Radial Tire Players Market Share by Revenue
2.10 Mergers & Acquisitions, Expansion
3 High Performance Radial Tire Production by Region
3.1 Global High Performance Radial Tire Production Value Estimates and Forecasts by Region: 2018 VS 2022 VS 2029
3.2 Global High Performance Radial Tire Production Value by Region (2018-2029)
3.2.1 Global High Performance Radial Tire Production Value Market Share by Region (2018-2023)
3.2.2 Global Forecasted Production Value of High Performance Radial Tire by Region (2024-2029)
3.3 Global High Performance Radial Tire Production Estimates and Forecasts by Region: 2018 VS 2022 VS 2029
3.4 Global High Performance Radial Tire Production by Region (2018-2029)
3.4.1 Global High Performance Radial Tire Production Market Share by Region (2018-2023)
3.4.2 Global Forecasted Production of High Performance Radial Tire by Region (2024-2029)
3.5 Global High Performance Radial Tire Market Price Analysis by Region (2018-2023)
3.6 Global High Performance Radial Tire Production and Value, Year-over-Year Growth
3.6.1 North America High Performance Radial Tire Production Value Estimates and Forecasts (2018-2029)
3.6.2 Europe High Performance Radial Tire Production Value Estimates and Forecasts (2018-2029)
3.6.3 China High Performance Radial Tire Production Value Estimates and Forecasts (2018-2029)
3.6.4 Japan High Performance Radial Tire Production Value Estimates and Forecasts (2018-2029)
3.6.5 South Korea High Performance Radial Tire Production Value Estimates and Forecasts (2018-2029)
3.6.6 India High Performance Radial Tire Production Value Estimates and Forecasts (2018-2029)
4 High Performance Radial Tire Consumption by Region
4.1 Global High Performance Radial Tire Consumption Estimates and Forecasts by Region: 2018 VS 2022 VS 2029
4.2 Global High Performance Radial Tire Consumption by Region (2018-2029)
4.2.1 Global High Performance Radial Tire Consumption by Region (2018-2023)
4.2.2 Global High Performance Radial Tire Forecasted Consumption by Region (2024-2029)
4.3 North America
4.3.1 North America High Performance Radial Tire Consumption Growth Rate by Country: 2018 VS 2022 VS 2029
4.3.2 North America High Performance Radial Tire Consumption by Country (2018-2029)
4.3.3 United States
4.3.4 Canada
4.4 Europe
4.4.1 Europe High Performance Radial Tire Consumption Growth Rate by Country: 2018 VS 2022 VS 2029
4.4.2 Europe High Performance Radial Tire Consumption by Country (2018-2029)
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 High Performance Radial Tire Consumption Growth Rate by Region: 2018 VS 2022 VS 2029
4.5.2 Asia Pacific High Performance Radial Tire Consumption by Region (2018-2029)
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 High Performance Radial Tire Consumption Growth Rate by Country: 2018 VS 2022 VS 2029
4.6.2 Latin America, Middle East & Africa High Performance Radial Tire Consumption by Country (2018-2029)
4.6.3 Mexico
4.6.4 Brazil
4.6.5 Turkey
5 Segment by Type
5.1 Global High Performance Radial Tire Production by Type (2018-2029)
5.1.1 Global High Performance Radial Tire Production by Type (2018-2023)
5.1.2 Global High Performance Radial Tire Production by Type (2024-2029)
5.1.3 Global High Performance Radial Tire Production Market Share by Type (2018-2029)
5.2 Global High Performance Radial Tire Production Value by Type (2018-2029)
5.2.1 Global High Performance Radial Tire Production Value by Type (2018-2023)
5.2.2 Global High Performance Radial Tire Production Value by Type (2024-2029)
5.2.3 Global High Performance Radial Tire Production Value Market Share by Type (2018-2029)
5.3 Global High Performance Radial Tire Price by Type (2018-2029)
6 Segment by Application
6.1 Global High Performance Radial Tire Production by Application (2018-2029)
6.1.1 Global High Performance Radial Tire Production by Application (2018-2023)
6.1.2 Global High Performance Radial Tire Production by Application (2024-2029)
6.1.3 Global High Performance Radial Tire Production Market Share by Application (2018-2029)
6.2 Global High Performance Radial Tire Production Value by Application (2018-2029)
6.2.1 Global High Performance Radial Tire Production Value by Application (2018-2023)
6.2.2 Global High Performance Radial Tire Production Value by Application (2024-2029)
6.2.3 Global High Performance Radial Tire Production Value Market Share by Application (2018-2029)
6.3 Global High Performance Radial Tire Price by Application (2018-2029)
7 Key Companies Profiled
7.1 Michelin
7.1.1 Michelin High Performance Radial Tire Corporation Information
7.1.2 Michelin High Performance Radial Tire Product Portfolio
7.1.3 Michelin High Performance Radial Tire Production, Value, Price and Gross Margin (2018-2023)
7.1.4 Michelin Main Business and Markets Served
7.1.5 Michelin Recent Developments/Updates
7.2 Bridgestone
7.2.1 Bridgestone High Performance Radial Tire Corporation Information
7.2.2 Bridgestone High Performance Radial Tire Product Portfolio
7.2.3 Bridgestone High Performance Radial Tire Production, Value, Price and Gross Margin (2018-2023)
7.2.4 Bridgestone Main Business and Markets Served
7.2.5 Bridgestone Recent Developments/Updates
7.3 Pirelli
7.3.1 Pirelli High Performance Radial Tire Corporation Information
7.3.2 Pirelli High Performance Radial Tire Product Portfolio
7.3.3 Pirelli High Performance Radial Tire Production, Value, Price and Gross Margin (2018-2023)
7.3.4 Pirelli Main Business and Markets Served
7.3.5 Pirelli Recent Developments/Updates
7.4 Goodyear Tire
7.4.1 Goodyear Tire High Performance Radial Tire Corporation Information
7.4.2 Goodyear Tire High Performance Radial Tire Product Portfolio
7.4.3 Goodyear Tire High Performance Radial Tire Production, Value, Price and Gross Margin (2018-2023)
7.4.4 Goodyear Tire Main Business and Markets Served
7.4.5 Goodyear Tire Recent Developments/Updates
7.5 Sumitomo Rubber
7.5.1 Sumitomo Rubber High Performance Radial Tire Corporation Information
7.5.2 Sumitomo Rubber High Performance Radial Tire Product Portfolio
7.5.3 Sumitomo Rubber High Performance Radial Tire Production, Value, Price and Gross Margin (2018-2023)
7.5.4 Sumitomo Rubber Main Business and Markets Served
7.5.5 Sumitomo Rubber Recent Developments/Updates
7.6 Yokohama Rubber
7.6.1 Yokohama Rubber High Performance Radial Tire Corporation Information
7.6.2 Yokohama Rubber High Performance Radial Tire Product Portfolio
7.6.3 Yokohama Rubber High Performance Radial Tire Production, Value, Price and Gross Margin (2018-2023)
7.6.4 Yokohama Rubber Main Business and Markets Served
7.6.5 Yokohama Rubber Recent Developments/Updates
7.7 Continental
7.7.1 Continental High Performance Radial Tire Corporation Information
7.7.2 Continental High Performance Radial Tire Product Portfolio
7.7.3 Continental High Performance Radial Tire Production, Value, Price and Gross Margin (2018-2023)
7.7.4 Continental Main Business and Markets Served
7.7.5 Continental Recent Developments/Updates
7.8 Cooper Tire
7.8.1 Cooper Tire High Performance Radial Tire Corporation Information
7.8.2 Cooper Tire High Performance Radial Tire Product Portfolio
7.8.3 Cooper Tire High Performance Radial Tire Production, Value, Price and Gross Margin (2018-2023)
7.8.4 Cooper Tire Main Business and Markets Served
7.7.5 Cooper Tire Recent Developments/Updates
7.9 Giti Tire
7.9.1 Giti Tire High Performance Radial Tire Corporation Information
7.9.2 Giti Tire High Performance Radial Tire Product Portfolio
7.9.3 Giti Tire High Performance Radial Tire Production, Value, Price and Gross Margin (2018-2023)
7.9.4 Giti Tire Main Business and Markets Served
7.9.5 Giti Tire Recent Developments/Updates
7.10 Kumho Tire
7.10.1 Kumho Tire High Performance Radial Tire Corporation Information
7.10.2 Kumho Tire High Performance Radial Tire Product Portfolio
7.10.3 Kumho Tire High Performance Radial Tire Production, Value, Price and Gross Margin (2018-2023)
7.10.4 Kumho Tire Main Business and Markets Served
7.10.5 Kumho Tire Recent Developments/Updates
7.11 Hankook
7.11.1 Hankook High Performance Radial Tire Corporation Information
7.11.2 Hankook High Performance Radial Tire Product Portfolio
7.11.3 Hankook High Performance Radial Tire Production, Value, Price and Gross Margin (2018-2023)
7.11.4 Hankook Main Business and Markets Served
7.11.5 Hankook Recent Developments/Updates
7.12 Nitto Tire
7.12.1 Nitto Tire High Performance Radial Tire Corporation Information
7.12.2 Nitto Tire High Performance Radial Tire Product Portfolio
7.12.3 Nitto Tire High Performance Radial Tire Production, Value, Price and Gross Margin (2018-2023)
7.12.4 Nitto Tire Main Business and Markets Served
7.12.5 Nitto Tire Recent Developments/Updates
7.13 Zodo Tire
7.13.1 Zodo Tire High Performance Radial Tire Corporation Information
7.13.2 Zodo Tire High Performance Radial Tire Product Portfolio
7.13.3 Zodo Tire High Performance Radial Tire Production, Value, Price and Gross Margin (2018-2023)
7.13.4 Zodo Tire Main Business and Markets Served
7.13.5 Zodo Tire Recent Developments/Updates
7.14 Guangzhou Vanlead Group
7.14.1 Guangzhou Vanlead Group High Performance Radial Tire Corporation Information
7.14.2 Guangzhou Vanlead Group High Performance Radial Tire Product Portfolio
7.14.3 Guangzhou Vanlead Group High Performance Radial Tire Production, Value, Price and Gross Margin (2018-2023)
7.14.4 Guangzhou Vanlead Group Main Business and Markets Served
7.14.5 Guangzhou Vanlead Group Recent Developments/Updates
8 Industry Chain and Sales Channels Analysis
8.1 High Performance Radial Tire Industry Chain Analysis
8.2 High Performance Radial Tire Key Raw Materials
8.2.1 Key Raw Materials
8.2.2 Raw Materials Key Suppliers
8.3 High Performance Radial Tire Production Mode & Process
8.4 High Performance Radial Tire Sales and Marketing
8.4.1 High Performance Radial Tire Sales Channels
8.4.2 High Performance Radial Tire Distributors
8.5 High Performance Radial Tire Customers
9 High Performance Radial Tire Market Dynamics
9.1 High Performance Radial Tire Industry Trends
9.2 High Performance Radial Tire Market Drivers
9.3 High Performance Radial Tire Market Challenges
9.4 High Performance Radial Tire 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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