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Global Racing Tires Market Research Report 2024
Synopsis
The racing tires are the specialized tires, which find major application in auto racing and motorcycle racing. All car tires are built keeping in mind the tire performance, however there are a few differences such as durability, material used, the air filled inside the tire and other features that make racing car tires stand out from other tires. Racing tires are designed specifically to deliver superior performance, and, hence, they undergo various quality, durability, speed, and other tests. Despite the use of natural and synthetic rubber as the primary raw material, a significant extent of textile reinforcements such as rayon, aramid, nylon, and polyester are also used for optimizing the tire performance.
The global Racing Tires market was valued at US$ million in 2023 and is anticipated to reach US$ million by 2030, witnessing a CAGR of % 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 Racing 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 Racing Tires.
Report Scope
The Racing 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 Racing 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 Racing 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
Bridgestone Corporation (Japan)
Compagnie Gnrale des tablissements Michelin SCA (France)
Continental AG (Germany)
Goodyear Tire and Rubber Co. (U.S.)
Pirelli & C. SpA (Italy)
Alliance Tire Group (Israel)
Apollo Tires Ltd. (India)
Cooper Tire and Rubber Co.(U.S)
Hangzhou Zhongce Rubber Co. Ltd (China)
Hankook Tire Co (South Korea)
Segment by Type
Auto Racing Tires
Motorcycle Racing Tires
Segment by Application
Aftermarket
OEMs
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 Racing Tires manufacturers competitive landscape, price, production and value market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Production/output, value of Racing 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 Racing 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.
The racing tires are the specialized tires, which find major application in auto racing and motorcycle racing. All car tires are built keeping in mind the tire performance, however there are a few differences such as durability, material used, the air filled inside the tire and other features that make racing car tires stand out from other tires. Racing tires are designed specifically to deliver superior performance, and, hence, they undergo various quality, durability, speed, and other tests. Despite the use of natural and synthetic rubber as the primary raw material, a significant extent of textile reinforcements such as rayon, aramid, nylon, and polyester are also used for optimizing the tire performance.
The global Racing Tires market was valued at US$ million in 2023 and is anticipated to reach US$ million by 2030, witnessing a CAGR of % 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 Racing 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 Racing Tires.
Report Scope
The Racing 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 Racing 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 Racing 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
Bridgestone Corporation (Japan)
Compagnie Gnrale des tablissements Michelin SCA (France)
Continental AG (Germany)
Goodyear Tire and Rubber Co. (U.S.)
Pirelli & C. SpA (Italy)
Alliance Tire Group (Israel)
Apollo Tires Ltd. (India)
Cooper Tire and Rubber Co.(U.S)
Hangzhou Zhongce Rubber Co. Ltd (China)
Hankook Tire Co (South Korea)
Segment by Type
Auto Racing Tires
Motorcycle Racing Tires
Segment by Application
Aftermarket
OEMs
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 Racing Tires manufacturers competitive landscape, price, production and value market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Production/output, value of Racing 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 Racing 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 Racing Tires Market Overview
1.1 Product Definition
1.2 Racing Tires Segment by Type
1.2.1 Global Racing Tires Market Value Growth Rate Analysis by Type 2023 VS 2030
1.2.2 Auto Racing Tires
1.2.3 Motorcycle Racing Tires
1.3 Racing Tires Segment by Application
1.3.1 Global Racing Tires Market Value Growth Rate Analysis by Application: 2023 VS 2030
1.3.2 Aftermarket
1.3.3 OEMs
1.4 Global Market Growth Prospects
1.4.1 Global Racing Tires Production Value Estimates and Forecasts (2019-2030)
1.4.2 Global Racing Tires Production Capacity Estimates and Forecasts (2019-2030)
1.4.3 Global Racing Tires Production Estimates and Forecasts (2019-2030)
1.4.4 Global Racing Tires Market Average Price Estimates and Forecasts (2019-2030)
1.5 Assumptions and Limitations
2 Market Competition by Manufacturers
2.1 Global Racing Tires Production Market Share by Manufacturers (2019-2024)
2.2 Global Racing Tires Production Value Market Share by Manufacturers (2019-2024)
2.3 Global Key Players of Racing Tires, Industry Ranking, 2022 VS 2023 VS 2024
2.4 Global Racing Tires Market Share by Company Type (Tier 1, Tier 2 and Tier 3)
2.5 Global Racing Tires Average Price by Manufacturers (2019-2024)
2.6 Global Key Manufacturers of Racing Tires, Manufacturing Base Distribution and Headquarters
2.7 Global Key Manufacturers of Racing Tires, Product Offered and Application
2.8 Global Key Manufacturers of Racing Tires, Date of Enter into This Industry
2.9 Racing Tires Market Competitive Situation and Trends
2.9.1 Racing Tires Market Concentration Rate
2.9.2 Global 5 and 10 Largest Racing Tires Players Market Share by Revenue
2.10 Mergers & Acquisitions, Expansion
3 Racing Tires Production by Region
3.1 Global Racing Tires Production Value Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
3.2 Global Racing Tires Production Value by Region (2019-2030)
3.2.1 Global Racing Tires Production Value Market Share by Region (2019-2024)
3.2.2 Global Forecasted Production Value of Racing Tires by Region (2025-2030)
3.3 Global Racing Tires Production Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
3.4 Global Racing Tires Production by Region (2019-2030)
3.4.1 Global Racing Tires Production Market Share by Region (2019-2024)
3.4.2 Global Forecasted Production of Racing Tires by Region (2025-2030)
3.5 Global Racing Tires Market Price Analysis by Region (2019-2024)
3.6 Global Racing Tires Production and Value, Year-over-Year Growth
3.6.1 North America Racing Tires Production Value Estimates and Forecasts (2019-2030)
3.6.2 Europe Racing Tires Production Value Estimates and Forecasts (2019-2030)
3.6.3 China Racing Tires Production Value Estimates and Forecasts (2019-2030)
3.6.4 Japan Racing Tires Production Value Estimates and Forecasts (2019-2030)
3.6.5 South Korea Racing Tires Production Value Estimates and Forecasts (2019-2030)
3.6.6 India Racing Tires Production Value Estimates and Forecasts (2019-2030)
4 Racing Tires Consumption by Region
4.1 Global Racing Tires Consumption Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
4.2 Global Racing Tires Consumption by Region (2019-2030)
4.2.1 Global Racing Tires Consumption by Region (2019-2024)
4.2.2 Global Racing Tires Forecasted Consumption by Region (2025-2030)
4.3 North America
4.3.1 North America Racing Tires Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.3.2 North America Racing Tires Consumption by Country (2019-2030)
4.3.3 U.S.
4.3.4 Canada
4.4 Europe
4.4.1 Europe Racing Tires Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.4.2 Europe Racing 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 Racing Tires Consumption Growth Rate by Region: 2019 VS 2023 VS 2030
4.5.2 Asia Pacific Racing 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 Racing Tires Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.6.2 Latin America, Middle East & Africa Racing 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 Racing Tires Production by Type (2019-2030)
5.1.1 Global Racing Tires Production by Type (2019-2024)
5.1.2 Global Racing Tires Production by Type (2025-2030)
5.1.3 Global Racing Tires Production Market Share by Type (2019-2030)
5.2 Global Racing Tires Production Value by Type (2019-2030)
5.2.1 Global Racing Tires Production Value by Type (2019-2024)
5.2.2 Global Racing Tires Production Value by Type (2025-2030)
5.2.3 Global Racing Tires Production Value Market Share by Type (2019-2030)
5.3 Global Racing Tires Price by Type (2019-2030)
6 Segment by Application
6.1 Global Racing Tires Production by Application (2019-2030)
6.1.1 Global Racing Tires Production by Application (2019-2024)
6.1.2 Global Racing Tires Production by Application (2025-2030)
6.1.3 Global Racing Tires Production Market Share by Application (2019-2030)
6.2 Global Racing Tires Production Value by Application (2019-2030)
6.2.1 Global Racing Tires Production Value by Application (2019-2024)
6.2.2 Global Racing Tires Production Value by Application (2025-2030)
6.2.3 Global Racing Tires Production Value Market Share by Application (2019-2030)
6.3 Global Racing Tires Price by Application (2019-2030)
7 Key Companies Profiled
7.1 Bridgestone Corporation (Japan)
7.1.1 Bridgestone Corporation (Japan) Racing Tires Corporation Information
7.1.2 Bridgestone Corporation (Japan) Racing Tires Product Portfolio
7.1.3 Bridgestone Corporation (Japan) Racing Tires Production, Value, Price and Gross Margin (2019-2024)
7.1.4 Bridgestone Corporation (Japan) Main Business and Markets Served
7.1.5 Bridgestone Corporation (Japan) Recent Developments/Updates
7.2 Compagnie Gnrale des tablissements Michelin SCA (France)
7.2.1 Compagnie Gnrale des tablissements Michelin SCA (France) Racing Tires Corporation Information
7.2.2 Compagnie Gnrale des tablissements Michelin SCA (France) Racing Tires Product Portfolio
7.2.3 Compagnie Gnrale des tablissements Michelin SCA (France) Racing Tires Production, Value, Price and Gross Margin (2019-2024)
7.2.4 Compagnie Gnrale des tablissements Michelin SCA (France) Main Business and Markets Served
7.2.5 Compagnie Gnrale des tablissements Michelin SCA (France) Recent Developments/Updates
7.3 Continental AG (Germany)
7.3.1 Continental AG (Germany) Racing Tires Corporation Information
7.3.2 Continental AG (Germany) Racing Tires Product Portfolio
7.3.3 Continental AG (Germany) Racing Tires Production, Value, Price and Gross Margin (2019-2024)
7.3.4 Continental AG (Germany) Main Business and Markets Served
7.3.5 Continental AG (Germany) Recent Developments/Updates
7.4 Goodyear Tire and Rubber Co. (U.S.)
7.4.1 Goodyear Tire and Rubber Co. (U.S.) Racing Tires Corporation Information
7.4.2 Goodyear Tire and Rubber Co. (U.S.) Racing Tires Product Portfolio
7.4.3 Goodyear Tire and Rubber Co. (U.S.) Racing Tires Production, Value, Price and Gross Margin (2019-2024)
7.4.4 Goodyear Tire and Rubber Co. (U.S.) Main Business and Markets Served
7.4.5 Goodyear Tire and Rubber Co. (U.S.) Recent Developments/Updates
7.5 Pirelli & C. SpA (Italy)
7.5.1 Pirelli & C. SpA (Italy) Racing Tires Corporation Information
7.5.2 Pirelli & C. SpA (Italy) Racing Tires Product Portfolio
7.5.3 Pirelli & C. SpA (Italy) Racing Tires Production, Value, Price and Gross Margin (2019-2024)
7.5.4 Pirelli & C. SpA (Italy) Main Business and Markets Served
7.5.5 Pirelli & C. SpA (Italy) Recent Developments/Updates
7.6 Alliance Tire Group (Israel)
7.6.1 Alliance Tire Group (Israel) Racing Tires Corporation Information
7.6.2 Alliance Tire Group (Israel) Racing Tires Product Portfolio
7.6.3 Alliance Tire Group (Israel) Racing Tires Production, Value, Price and Gross Margin (2019-2024)
7.6.4 Alliance Tire Group (Israel) Main Business and Markets Served
7.6.5 Alliance Tire Group (Israel) Recent Developments/Updates
7.7 Apollo Tires Ltd. (India)
7.7.1 Apollo Tires Ltd. (India) Racing Tires Corporation Information
7.7.2 Apollo Tires Ltd. (India) Racing Tires Product Portfolio
7.7.3 Apollo Tires Ltd. (India) Racing Tires Production, Value, Price and Gross Margin (2019-2024)
7.7.4 Apollo Tires Ltd. (India) Main Business and Markets Served
7.7.5 Apollo Tires Ltd. (India) Recent Developments/Updates
7.8 Cooper Tire and Rubber Co.(U.S)
7.8.1 Cooper Tire and Rubber Co.(U.S) Racing Tires Corporation Information
7.8.2 Cooper Tire and Rubber Co.(U.S) Racing Tires Product Portfolio
7.8.3 Cooper Tire and Rubber Co.(U.S) Racing Tires Production, Value, Price and Gross Margin (2019-2024)
7.8.4 Cooper Tire and Rubber Co.(U.S) Main Business and Markets Served
7.7.5 Cooper Tire and Rubber Co.(U.S) Recent Developments/Updates
7.9 Hangzhou Zhongce Rubber Co. Ltd (China)
7.9.1 Hangzhou Zhongce Rubber Co. Ltd (China) Racing Tires Corporation Information
7.9.2 Hangzhou Zhongce Rubber Co. Ltd (China) Racing Tires Product Portfolio
7.9.3 Hangzhou Zhongce Rubber Co. Ltd (China) Racing Tires Production, Value, Price and Gross Margin (2019-2024)
7.9.4 Hangzhou Zhongce Rubber Co. Ltd (China) Main Business and Markets Served
7.9.5 Hangzhou Zhongce Rubber Co. Ltd (China) Recent Developments/Updates
7.10 Hankook Tire Co (South Korea)
7.10.1 Hankook Tire Co (South Korea) Racing Tires Corporation Information
7.10.2 Hankook Tire Co (South Korea) Racing Tires Product Portfolio
7.10.3 Hankook Tire Co (South Korea) Racing Tires Production, Value, Price and Gross Margin (2019-2024)
7.10.4 Hankook Tire Co (South Korea) Main Business and Markets Served
7.10.5 Hankook Tire Co (South Korea) Recent Developments/Updates
8 Industry Chain and Sales Channels Analysis
8.1 Racing Tires Industry Chain Analysis
8.2 Racing Tires Key Raw Materials
8.2.1 Key Raw Materials
8.2.2 Raw Materials Key Suppliers
8.3 Racing Tires Production Mode & Process
8.4 Racing Tires Sales and Marketing
8.4.1 Racing Tires Sales Channels
8.4.2 Racing Tires Distributors
8.5 Racing Tires Customers
9 Racing Tires Market Dynamics
9.1 Racing Tires Industry Trends
9.2 Racing Tires Market Drivers
9.3 Racing Tires Market Challenges
9.4 Racing 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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