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Premium Tires-Global Market Insights and Sales Trends 2024
Synopsis
Tires are an integral component of vehicles and are manufactured using raw materials such as natural rubber, nylon tire cord fabric, and carbon black.
The global Premium Tires market size is expected to reach US$ million by 2029, growing at a CAGR of % from 2023 to 2029. The market is mainly driven by the significant applications of Premium Tires in various end use industries. The expanding demands from the Passenger Car and Commercial Vehicle, are propelling Premium Tires market. High Pressure Tire, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Low Pressure Tire segment is estimated at % CAGR for the next seven-year period.
Premium tires are mainly used in premium class vehicles as they deliver improved performance, fuel efficiency, and ride quality.
Report Objectives
This report provides market insight on the different segments, by manufacturers, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Premium Tires, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Premium Tires market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Premium Tires market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Premium Tires sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Premium Tires covered in this report include Bridgestone, Compagnie Generale des Etablissements Michelin SCA, Continental, Goodyear Tire and Rubber, Pirelli, Alliance Tire Group, Apollo Tires, Cooper Tire and Rubber and Hangzhou Zhongce Rubber, etc.
The global Premium Tires market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
Bridgestone
Compagnie Generale des Etablissements Michelin SCA
Continental
Goodyear Tire and Rubber
Pirelli
Alliance Tire Group
Apollo Tires
Cooper Tire and Rubber
Hangzhou Zhongce Rubber
Hankook Tire
Kumho Tire
Maxxis International
McCreary Tire and Rubber
Nokian Tires
Global Premium Tires market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Premium Tires market, Segment by Type:
High Pressure Tire
Low Pressure Tire
Global Premium Tires market, by Application
Passenger Car
Commercial Vehicle
Core Chapters
Chapter One: Introduces the study scope of this report, executive summary of market segments by Type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Two: Detailed analysis of Premium Tires manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of Premium Tires in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter Four: Introduces market segments by Application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Five, Six, Seven, Eight and Nine: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.
Chapter Ten: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter Eleven: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics. 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 Twelve: Analysis of sales channel, distributors and customers.
Chapter Thirteen: Research Findings and Conclusion.
Tires are an integral component of vehicles and are manufactured using raw materials such as natural rubber, nylon tire cord fabric, and carbon black.
The global Premium Tires market size is expected to reach US$ million by 2029, growing at a CAGR of % from 2023 to 2029. The market is mainly driven by the significant applications of Premium Tires in various end use industries. The expanding demands from the Passenger Car and Commercial Vehicle, are propelling Premium Tires market. High Pressure Tire, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Low Pressure Tire segment is estimated at % CAGR for the next seven-year period.
Premium tires are mainly used in premium class vehicles as they deliver improved performance, fuel efficiency, and ride quality.
Report Objectives
This report provides market insight on the different segments, by manufacturers, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Premium Tires, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Premium Tires market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Premium Tires market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Premium Tires sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Premium Tires covered in this report include Bridgestone, Compagnie Generale des Etablissements Michelin SCA, Continental, Goodyear Tire and Rubber, Pirelli, Alliance Tire Group, Apollo Tires, Cooper Tire and Rubber and Hangzhou Zhongce Rubber, etc.
The global Premium Tires market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
Bridgestone
Compagnie Generale des Etablissements Michelin SCA
Continental
Goodyear Tire and Rubber
Pirelli
Alliance Tire Group
Apollo Tires
Cooper Tire and Rubber
Hangzhou Zhongce Rubber
Hankook Tire
Kumho Tire
Maxxis International
McCreary Tire and Rubber
Nokian Tires
Global Premium Tires market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Premium Tires market, Segment by Type:
High Pressure Tire
Low Pressure Tire
Global Premium Tires market, by Application
Passenger Car
Commercial Vehicle
Core Chapters
Chapter One: Introduces the study scope of this report, executive summary of market segments by Type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Two: Detailed analysis of Premium Tires manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of Premium Tires in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter Four: Introduces market segments by Application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Five, Six, Seven, Eight and Nine: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.
Chapter Ten: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter Eleven: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics. 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 Twelve: Analysis of sales channel, distributors and customers.
Chapter Thirteen: Research Findings and Conclusion.
Index1 Premium Tires Market Overview
1.1 Premium Tires Product Overview
1.2 Premium Tires Market Segment by Type
1.2.1 High Pressure Tire
1.2.2 Low Pressure Tire
1.3 Global Premium Tires Market Size by Type
1.3.1 Global Premium Tires Market Size Overview by Type (2018-2029)
1.3.2 Global Premium Tires Historic Market Size Review by Type (2018-2023)
1.3.3 Global Premium Tires Forecasted Market Size by Type (2024-2029)
1.4 Key Regions Market Size Segment by Type
1.4.1 North America Premium Tires Sales Breakdown by Type (2018-2023)
1.4.2 Europe Premium Tires Sales Breakdown by Type (2018-2023)
1.4.3 Asia-Pacific Premium Tires Sales Breakdown by Type (2018-2023)
1.4.4 Latin America Premium Tires Sales Breakdown by Type (2018-2023)
1.4.5 Middle East and Africa Premium Tires Sales Breakdown by Type (2018-2023)
2 Global Premium Tires Market Competition by Company
2.1 Global Top Players by Premium Tires Sales (2018-2023)
2.2 Global Top Players by Premium Tires Revenue (2018-2023)
2.3 Global Top Players by Premium Tires Price (2018-2023)
2.4 Global Top Manufacturers Premium Tires Manufacturing Base Distribution, Sales Area, Product Type
2.5 Premium Tires Market Competitive Situation and Trends
2.5.1 Premium Tires Market Concentration Rate (2018-2023)
2.5.2 Global 5 and 10 Largest Manufacturers by Premium Tires Sales and Revenue in 2022
2.6 Global Top Manufacturers by Company Type (Tier 1, Tier 2 and Tier 3) & (based on the Revenue in Premium Tires as of 2022)
2.7 Date of Key Manufacturers Enter into Premium Tires Market
2.8 Key Manufacturers Premium Tires Product Offered
2.9 Mergers & Acquisitions, Expansion
3 Premium Tires Status and Outlook by Region
3.1 Global Premium Tires Market Size and CAGR by Region: 2018 VS 2022 VS 2029
3.2 Global Premium Tires Historic Market Size by Region
3.2.1 Global Premium Tires Sales in Volume by Region (2018-2023)
3.2.2 Global Premium Tires Sales in Value by Region (2018-2023)
3.2.3 Global Premium Tires Sales (Volume & Value) Price and Gross Margin (2018-2023)
3.3 Global Premium Tires Forecasted Market Size by Region
3.3.1 Global Premium Tires Sales in Volume by Region (2024-2029)
3.3.2 Global Premium Tires Sales in Value by Region (2024-2029)
3.3.3 Global Premium Tires Sales (Volume & Value), Price and Gross Margin (2024-2029)
4 Global Premium Tires by Application
4.1 Premium Tires Market Segment by Application
4.1.1 Passenger Car
4.1.2 Commercial Vehicle
4.2 Global Premium Tires Market Size by Application
4.2.1 Global Premium Tires Market Size Overview by Application (2018-2029)
4.2.2 Global Premium Tires Historic Market Size Review by Application (2018-2023)
4.2.3 Global Premium Tires Forecasted Market Size by Application (2024-2029)
4.3 Key Regions Market Size Segment by Application
4.3.1 North America Premium Tires Sales Breakdown by Application (2018-2023)
4.3.2 Europe Premium Tires Sales Breakdown by Application (2018-2023)
4.3.3 Asia-Pacific Premium Tires Sales Breakdown by Application (2018-2023)
4.3.4 Latin America Premium Tires Sales Breakdown by Application (2018-2023)
4.3.5 Middle East and Africa Premium Tires Sales Breakdown by Application (2018-2023)
5 North America Premium Tires by Country
5.1 North America Premium Tires Historic Market Size by Country
5.1.1 North America Premium Tires Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
5.1.2 North America Premium Tires Sales in Volume by Country (2018-2023)
5.1.3 North America Premium Tires Sales in Value by Country (2018-2023)
5.2 North America Premium Tires Forecasted Market Size by Country
5.2.1 North America Premium Tires Sales in Volume by Country (2024-2029)
5.2.2 North America Premium Tires Sales in Value by Country (2024-2029)
6 Europe Premium Tires by Country
6.1 Europe Premium Tires Historic Market Size by Country
6.1.1 Europe Premium Tires Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
6.1.2 Europe Premium Tires Sales in Volume by Country (2018-2023)
6.1.3 Europe Premium Tires Sales in Value by Country (2018-2023)
6.2 Europe Premium Tires Forecasted Market Size by Country
6.2.1 Europe Premium Tires Sales in Volume by Country (2024-2029)
6.2.2 Europe Premium Tires Sales in Value by Country (2024-2029)
7 Asia-Pacific Premium Tires by Region
7.1 Asia-Pacific Premium Tires Historic Market Size by Region
7.1.1 Asia-Pacific Premium Tires Market Size Growth Rate (CAGR) by Region: 2018 VS 2022 VS 2029
7.1.2 Asia-Pacific Premium Tires Sales in Volume by Region (2018-2023)
7.1.3 Asia-Pacific Premium Tires Sales in Value by Region (2018-2023)
7.2 Asia-Pacific Premium Tires Forecasted Market Size by Region
7.2.1 Asia-Pacific Premium Tires Sales in Volume by Region (2024-2029)
7.2.2 Asia-Pacific Premium Tires Sales in Value by Region (2024-2029)
8 Latin America Premium Tires by Country
8.1 Latin America Premium Tires Historic Market Size by Country
8.1.1 Latin America Premium Tires Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
8.1.2 Latin America Premium Tires Sales in Volume by Country (2018-2023)
8.1.3 Latin America Premium Tires Sales in Value by Country (2018-2023)
8.2 Latin America Premium Tires Forecasted Market Size by Country
8.2.1 Latin America Premium Tires Sales in Volume by Country (2024-2029)
8.2.2 Latin America Premium Tires Sales in Value by Country (2024-2029)
9 Middle East and Africa Premium Tires by Country
9.1 Middle East and Africa Premium Tires Historic Market Size by Country
9.1.1 Middle East and Africa Premium Tires Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
9.1.2 Middle East and Africa Premium Tires Sales in Volume by Country (2018-2023)
9.1.3 Middle East and Africa Premium Tires Sales in Value by Country (2018-2023)
9.2 Middle East and Africa Premium Tires Forecasted Market Size by Country
9.2.1 Middle East and Africa Premium Tires Sales in Volume by Country (2024-2029)
9.2.2 Middle East and Africa Premium Tires Sales in Value by Country (2024-2029)
10 Company Profiles
10.1 Bridgestone
10.1.1 Bridgestone Company Information
10.1.2 Bridgestone Introduction and Business Overview
10.1.3 Bridgestone Premium Tires Sales, Revenue and Gross Margin (2018-2023)
10.1.4 Bridgestone Premium Tires Products Offered
10.1.5 Bridgestone Recent Development
10.2 Compagnie Generale des Etablissements Michelin SCA
10.2.1 Compagnie Generale des Etablissements Michelin SCA Company Information
10.2.2 Compagnie Generale des Etablissements Michelin SCA Introduction and Business Overview
10.2.3 Compagnie Generale des Etablissements Michelin SCA Premium Tires Sales, Revenue and Gross Margin (2018-2023)
10.2.4 Compagnie Generale des Etablissements Michelin SCA Premium Tires Products Offered
10.2.5 Compagnie Generale des Etablissements Michelin SCA Recent Development
10.3 Continental
10.3.1 Continental Company Information
10.3.2 Continental Introduction and Business Overview
10.3.3 Continental Premium Tires Sales, Revenue and Gross Margin (2018-2023)
10.3.4 Continental Premium Tires Products Offered
10.3.5 Continental Recent Development
10.4 Goodyear Tire and Rubber
10.4.1 Goodyear Tire and Rubber Company Information
10.4.2 Goodyear Tire and Rubber Introduction and Business Overview
10.4.3 Goodyear Tire and Rubber Premium Tires Sales, Revenue and Gross Margin (2018-2023)
10.4.4 Goodyear Tire and Rubber Premium Tires Products Offered
10.4.5 Goodyear Tire and Rubber Recent Development
10.5 Pirelli
10.5.1 Pirelli Company Information
10.5.2 Pirelli Introduction and Business Overview
10.5.3 Pirelli Premium Tires Sales, Revenue and Gross Margin (2018-2023)
10.5.4 Pirelli Premium Tires Products Offered
10.5.5 Pirelli Recent Development
10.6 Alliance Tire Group
10.6.1 Alliance Tire Group Company Information
10.6.2 Alliance Tire Group Introduction and Business Overview
10.6.3 Alliance Tire Group Premium Tires Sales, Revenue and Gross Margin (2018-2023)
10.6.4 Alliance Tire Group Premium Tires Products Offered
10.6.5 Alliance Tire Group Recent Development
10.7 Apollo Tires
10.7.1 Apollo Tires Company Information
10.7.2 Apollo Tires Introduction and Business Overview
10.7.3 Apollo Tires Premium Tires Sales, Revenue and Gross Margin (2018-2023)
10.7.4 Apollo Tires Premium Tires Products Offered
10.7.5 Apollo Tires Recent Development
10.8 Cooper Tire and Rubber
10.8.1 Cooper Tire and Rubber Company Information
10.8.2 Cooper Tire and Rubber Introduction and Business Overview
10.8.3 Cooper Tire and Rubber Premium Tires Sales, Revenue and Gross Margin (2018-2023)
10.8.4 Cooper Tire and Rubber Premium Tires Products Offered
10.8.5 Cooper Tire and Rubber Recent Development
10.9 Hangzhou Zhongce Rubber
10.9.1 Hangzhou Zhongce Rubber Company Information
10.9.2 Hangzhou Zhongce Rubber Introduction and Business Overview
10.9.3 Hangzhou Zhongce Rubber Premium Tires Sales, Revenue and Gross Margin (2018-2023)
10.9.4 Hangzhou Zhongce Rubber Premium Tires Products Offered
10.9.5 Hangzhou Zhongce Rubber Recent Development
10.10 Hankook Tire
10.10.1 Hankook Tire Company Information
10.10.2 Hankook Tire Introduction and Business Overview
10.10.3 Hankook Tire Premium Tires Sales, Revenue and Gross Margin (2018-2023)
10.10.4 Hankook Tire Premium Tires Products Offered
10.10.5 Hankook Tire Recent Development
10.11 Kumho Tire
10.11.1 Kumho Tire Company Information
10.11.2 Kumho Tire Introduction and Business Overview
10.11.3 Kumho Tire Premium Tires Sales, Revenue and Gross Margin (2018-2023)
10.11.4 Kumho Tire Premium Tires Products Offered
10.11.5 Kumho Tire Recent Development
10.12 Maxxis International
10.12.1 Maxxis International Company Information
10.12.2 Maxxis International Introduction and Business Overview
10.12.3 Maxxis International Premium Tires Sales, Revenue and Gross Margin (2018-2023)
10.12.4 Maxxis International Premium Tires Products Offered
10.12.5 Maxxis International Recent Development
10.13 McCreary Tire and Rubber
10.13.1 McCreary Tire and Rubber Company Information
10.13.2 McCreary Tire and Rubber Introduction and Business Overview
10.13.3 McCreary Tire and Rubber Premium Tires Sales, Revenue and Gross Margin (2018-2023)
10.13.4 McCreary Tire and Rubber Premium Tires Products Offered
10.13.5 McCreary Tire and Rubber Recent Development
10.14 Nokian Tires
10.14.1 Nokian Tires Company Information
10.14.2 Nokian Tires Introduction and Business Overview
10.14.3 Nokian Tires Premium Tires Sales, Revenue and Gross Margin (2018-2023)
10.14.4 Nokian Tires Premium Tires Products Offered
10.14.5 Nokian Tires Recent Development
11 Upstream, Opportunities, Challenges, Risks and Influences Factors Analysis
11.1 Premium Tires Key Raw Materials
11.1.1 Key Raw Materials
11.1.2 Key Raw Materials Price
11.1.3 Raw Materials Key Suppliers
11.2 Manufacturing Cost Structure
11.2.1 Raw Materials
11.2.2 Labor Cost
11.2.3 Manufacturing Expenses
11.3 Premium Tires Industrial Chain Analysis
11.4 Premium Tires Market Dynamics
11.4.1 Premium Tires Industry Trends
11.4.2 Premium Tires Market Drivers
11.4.3 Premium Tires Market Challenges
11.4.4 Premium Tires Market Restraints
12 Market Strategy Analysis, Distributors
12.1 Sales Channel
12.2 Premium Tires Distributors
12.3 Premium Tires Downstream Customers
13 Research Findings and Conclusion
14 Appendix
14.1 Research Methodology
14.1.1 Methodology/Research Approach
14.1.2 Data Source
14.2 Author Details
14.3 Disclaimer
Published By : QY Research
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