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Truck Bias Tire-Global Market Insights and Sales Trends 2024
Synopsis
A bias tire consists of multiple rubber plies over lapping each other. The crown and sidewalls are interdependent. The overlapped plies form a thick layer that is less flexible and more sensitive to overheating.
The global Truck Bias Tire market size is expected to reach US$ 2582.6 million by 2029, growing at a CAGR of 2.9% from 2023 to 2029. The market is mainly driven by the significant applications of Truck Bias Tire in various end use industries. The expanding demands from the OEM and Aftermarket, are propelling Truck Bias Tire market. Ordinary Bias Tires, 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 Bias Belted Tire segment is estimated at % CAGR for the next seven-year period.
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 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 Truck Bias Tire, 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 Truck Bias Tire 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 Truck Bias Tire market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Truck Bias Tire 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 Truck Bias Tire covered in this report include Michelin, Bridgestone, Continental, Pirelli, Goodyear, Shanghai Huayi, Sumitomo Rubber Industries, ZC Rubber and Yokohama, etc.
The global Truck Bias Tire market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
Michelin
Bridgestone
Continental
Pirelli
Goodyear
Shanghai Huayi
Sumitomo Rubber Industries
ZC Rubber
Yokohama
Nokian Tyres
Hankook
Maxxis
Triangle Group
Global Truck Bias Tire 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 Truck Bias Tire market, Segment by Type:
Ordinary Bias Tires
Bias Belted Tire
Global Truck Bias Tire market, by Application
OEM
Aftermarket
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 Truck Bias Tire manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of Truck Bias Tire 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.
A bias tire consists of multiple rubber plies over lapping each other. The crown and sidewalls are interdependent. The overlapped plies form a thick layer that is less flexible and more sensitive to overheating.
The global Truck Bias Tire market size is expected to reach US$ 2582.6 million by 2029, growing at a CAGR of 2.9% from 2023 to 2029. The market is mainly driven by the significant applications of Truck Bias Tire in various end use industries. The expanding demands from the OEM and Aftermarket, are propelling Truck Bias Tire market. Ordinary Bias Tires, 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 Bias Belted Tire segment is estimated at % CAGR for the next seven-year period.
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 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 Truck Bias Tire, 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 Truck Bias Tire 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 Truck Bias Tire market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Truck Bias Tire 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 Truck Bias Tire covered in this report include Michelin, Bridgestone, Continental, Pirelli, Goodyear, Shanghai Huayi, Sumitomo Rubber Industries, ZC Rubber and Yokohama, etc.
The global Truck Bias Tire market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
Michelin
Bridgestone
Continental
Pirelli
Goodyear
Shanghai Huayi
Sumitomo Rubber Industries
ZC Rubber
Yokohama
Nokian Tyres
Hankook
Maxxis
Triangle Group
Global Truck Bias Tire 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 Truck Bias Tire market, Segment by Type:
Ordinary Bias Tires
Bias Belted Tire
Global Truck Bias Tire market, by Application
OEM
Aftermarket
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 Truck Bias Tire manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of Truck Bias Tire 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 Truck Bias Tire Market Overview
1.1 Truck Bias Tire Product Overview
1.2 Truck Bias Tire Market Segment by Type
1.2.1 Ordinary Bias Tires
1.2.2 Bias Belted Tire
1.3 Global Truck Bias Tire Market Size by Type
1.3.1 Global Truck Bias Tire Market Size Overview by Type (2018-2029)
1.3.2 Global Truck Bias Tire Historic Market Size Review by Type (2018-2023)
1.3.3 Global Truck Bias Tire Forecasted Market Size by Type (2024-2029)
1.4 Key Regions Market Size Segment by Type
1.4.1 North America Truck Bias Tire Sales Breakdown by Type (2018-2023)
1.4.2 Europe Truck Bias Tire Sales Breakdown by Type (2018-2023)
1.4.3 Asia-Pacific Truck Bias Tire Sales Breakdown by Type (2018-2023)
1.4.4 Latin America Truck Bias Tire Sales Breakdown by Type (2018-2023)
1.4.5 Middle East and Africa Truck Bias Tire Sales Breakdown by Type (2018-2023)
2 Global Truck Bias Tire Market Competition by Company
2.1 Global Top Players by Truck Bias Tire Sales (2018-2023)
2.2 Global Top Players by Truck Bias Tire Revenue (2018-2023)
2.3 Global Top Players by Truck Bias Tire Price (2018-2023)
2.4 Global Top Manufacturers Truck Bias Tire Manufacturing Base Distribution, Sales Area, Product Type
2.5 Truck Bias Tire Market Competitive Situation and Trends
2.5.1 Truck Bias Tire Market Concentration Rate (2018-2023)
2.5.2 Global 5 and 10 Largest Manufacturers by Truck Bias Tire 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 Truck Bias Tire as of 2022)
2.7 Date of Key Manufacturers Enter into Truck Bias Tire Market
2.8 Key Manufacturers Truck Bias Tire Product Offered
2.9 Mergers & Acquisitions, Expansion
3 Truck Bias Tire Status and Outlook by Region
3.1 Global Truck Bias Tire Market Size and CAGR by Region: 2018 VS 2022 VS 2029
3.2 Global Truck Bias Tire Historic Market Size by Region
3.2.1 Global Truck Bias Tire Sales in Volume by Region (2018-2023)
3.2.2 Global Truck Bias Tire Sales in Value by Region (2018-2023)
3.2.3 Global Truck Bias Tire Sales (Volume & Value) Price and Gross Margin (2018-2023)
3.3 Global Truck Bias Tire Forecasted Market Size by Region
3.3.1 Global Truck Bias Tire Sales in Volume by Region (2024-2029)
3.3.2 Global Truck Bias Tire Sales in Value by Region (2024-2029)
3.3.3 Global Truck Bias Tire Sales (Volume & Value), Price and Gross Margin (2024-2029)
4 Global Truck Bias Tire by Application
4.1 Truck Bias Tire Market Segment by Application
4.1.1 OEM
4.1.2 Aftermarket
4.2 Global Truck Bias Tire Market Size by Application
4.2.1 Global Truck Bias Tire Market Size Overview by Application (2018-2029)
4.2.2 Global Truck Bias Tire Historic Market Size Review by Application (2018-2023)
4.2.3 Global Truck Bias Tire Forecasted Market Size by Application (2024-2029)
4.3 Key Regions Market Size Segment by Application
4.3.1 North America Truck Bias Tire Sales Breakdown by Application (2018-2023)
4.3.2 Europe Truck Bias Tire Sales Breakdown by Application (2018-2023)
4.3.3 Asia-Pacific Truck Bias Tire Sales Breakdown by Application (2018-2023)
4.3.4 Latin America Truck Bias Tire Sales Breakdown by Application (2018-2023)
4.3.5 Middle East and Africa Truck Bias Tire Sales Breakdown by Application (2018-2023)
5 North America Truck Bias Tire by Country
5.1 North America Truck Bias Tire Historic Market Size by Country
5.1.1 North America Truck Bias Tire Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
5.1.2 North America Truck Bias Tire Sales in Volume by Country (2018-2023)
5.1.3 North America Truck Bias Tire Sales in Value by Country (2018-2023)
5.2 North America Truck Bias Tire Forecasted Market Size by Country
5.2.1 North America Truck Bias Tire Sales in Volume by Country (2024-2029)
5.2.2 North America Truck Bias Tire Sales in Value by Country (2024-2029)
6 Europe Truck Bias Tire by Country
6.1 Europe Truck Bias Tire Historic Market Size by Country
6.1.1 Europe Truck Bias Tire Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
6.1.2 Europe Truck Bias Tire Sales in Volume by Country (2018-2023)
6.1.3 Europe Truck Bias Tire Sales in Value by Country (2018-2023)
6.2 Europe Truck Bias Tire Forecasted Market Size by Country
6.2.1 Europe Truck Bias Tire Sales in Volume by Country (2024-2029)
6.2.2 Europe Truck Bias Tire Sales in Value by Country (2024-2029)
7 Asia-Pacific Truck Bias Tire by Region
7.1 Asia-Pacific Truck Bias Tire Historic Market Size by Region
7.1.1 Asia-Pacific Truck Bias Tire Market Size Growth Rate (CAGR) by Region: 2018 VS 2022 VS 2029
7.1.2 Asia-Pacific Truck Bias Tire Sales in Volume by Region (2018-2023)
7.1.3 Asia-Pacific Truck Bias Tire Sales in Value by Region (2018-2023)
7.2 Asia-Pacific Truck Bias Tire Forecasted Market Size by Region
7.2.1 Asia-Pacific Truck Bias Tire Sales in Volume by Region (2024-2029)
7.2.2 Asia-Pacific Truck Bias Tire Sales in Value by Region (2024-2029)
8 Latin America Truck Bias Tire by Country
8.1 Latin America Truck Bias Tire Historic Market Size by Country
8.1.1 Latin America Truck Bias Tire Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
8.1.2 Latin America Truck Bias Tire Sales in Volume by Country (2018-2023)
8.1.3 Latin America Truck Bias Tire Sales in Value by Country (2018-2023)
8.2 Latin America Truck Bias Tire Forecasted Market Size by Country
8.2.1 Latin America Truck Bias Tire Sales in Volume by Country (2024-2029)
8.2.2 Latin America Truck Bias Tire Sales in Value by Country (2024-2029)
9 Middle East and Africa Truck Bias Tire by Country
9.1 Middle East and Africa Truck Bias Tire Historic Market Size by Country
9.1.1 Middle East and Africa Truck Bias Tire Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
9.1.2 Middle East and Africa Truck Bias Tire Sales in Volume by Country (2018-2023)
9.1.3 Middle East and Africa Truck Bias Tire Sales in Value by Country (2018-2023)
9.2 Middle East and Africa Truck Bias Tire Forecasted Market Size by Country
9.2.1 Middle East and Africa Truck Bias Tire Sales in Volume by Country (2024-2029)
9.2.2 Middle East and Africa Truck Bias Tire Sales in Value by Country (2024-2029)
10 Company Profiles
10.1 Michelin
10.1.1 Michelin Company Information
10.1.2 Michelin Introduction and Business Overview
10.1.3 Michelin Truck Bias Tire Sales, Revenue and Gross Margin (2018-2023)
10.1.4 Michelin Truck Bias Tire Products Offered
10.1.5 Michelin Recent Development
10.2 Bridgestone
10.2.1 Bridgestone Company Information
10.2.2 Bridgestone Introduction and Business Overview
10.2.3 Bridgestone Truck Bias Tire Sales, Revenue and Gross Margin (2018-2023)
10.2.4 Bridgestone Truck Bias Tire Products Offered
10.2.5 Bridgestone Recent Development
10.3 Continental
10.3.1 Continental Company Information
10.3.2 Continental Introduction and Business Overview
10.3.3 Continental Truck Bias Tire Sales, Revenue and Gross Margin (2018-2023)
10.3.4 Continental Truck Bias Tire Products Offered
10.3.5 Continental Recent Development
10.4 Pirelli
10.4.1 Pirelli Company Information
10.4.2 Pirelli Introduction and Business Overview
10.4.3 Pirelli Truck Bias Tire Sales, Revenue and Gross Margin (2018-2023)
10.4.4 Pirelli Truck Bias Tire Products Offered
10.4.5 Pirelli Recent Development
10.5 Goodyear
10.5.1 Goodyear Company Information
10.5.2 Goodyear Introduction and Business Overview
10.5.3 Goodyear Truck Bias Tire Sales, Revenue and Gross Margin (2018-2023)
10.5.4 Goodyear Truck Bias Tire Products Offered
10.5.5 Goodyear Recent Development
10.6 Shanghai Huayi
10.6.1 Shanghai Huayi Company Information
10.6.2 Shanghai Huayi Introduction and Business Overview
10.6.3 Shanghai Huayi Truck Bias Tire Sales, Revenue and Gross Margin (2018-2023)
10.6.4 Shanghai Huayi Truck Bias Tire Products Offered
10.6.5 Shanghai Huayi Recent Development
10.7 Sumitomo Rubber Industries
10.7.1 Sumitomo Rubber Industries Company Information
10.7.2 Sumitomo Rubber Industries Introduction and Business Overview
10.7.3 Sumitomo Rubber Industries Truck Bias Tire Sales, Revenue and Gross Margin (2018-2023)
10.7.4 Sumitomo Rubber Industries Truck Bias Tire Products Offered
10.7.5 Sumitomo Rubber Industries Recent Development
10.8 ZC Rubber
10.8.1 ZC Rubber Company Information
10.8.2 ZC Rubber Introduction and Business Overview
10.8.3 ZC Rubber Truck Bias Tire Sales, Revenue and Gross Margin (2018-2023)
10.8.4 ZC Rubber Truck Bias Tire Products Offered
10.8.5 ZC Rubber Recent Development
10.9 Yokohama
10.9.1 Yokohama Company Information
10.9.2 Yokohama Introduction and Business Overview
10.9.3 Yokohama Truck Bias Tire Sales, Revenue and Gross Margin (2018-2023)
10.9.4 Yokohama Truck Bias Tire Products Offered
10.9.5 Yokohama Recent Development
10.10 Nokian Tyres
10.10.1 Nokian Tyres Company Information
10.10.2 Nokian Tyres Introduction and Business Overview
10.10.3 Nokian Tyres Truck Bias Tire Sales, Revenue and Gross Margin (2018-2023)
10.10.4 Nokian Tyres Truck Bias Tire Products Offered
10.10.5 Nokian Tyres Recent Development
10.11 Hankook
10.11.1 Hankook Company Information
10.11.2 Hankook Introduction and Business Overview
10.11.3 Hankook Truck Bias Tire Sales, Revenue and Gross Margin (2018-2023)
10.11.4 Hankook Truck Bias Tire Products Offered
10.11.5 Hankook Recent Development
10.12 Maxxis
10.12.1 Maxxis Company Information
10.12.2 Maxxis Introduction and Business Overview
10.12.3 Maxxis Truck Bias Tire Sales, Revenue and Gross Margin (2018-2023)
10.12.4 Maxxis Truck Bias Tire Products Offered
10.12.5 Maxxis Recent Development
10.13 Triangle Group
10.13.1 Triangle Group Company Information
10.13.2 Triangle Group Introduction and Business Overview
10.13.3 Triangle Group Truck Bias Tire Sales, Revenue and Gross Margin (2018-2023)
10.13.4 Triangle Group Truck Bias Tire Products Offered
10.13.5 Triangle Group Recent Development
11 Upstream, Opportunities, Challenges, Risks and Influences Factors Analysis
11.1 Truck Bias Tire 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 Truck Bias Tire Industrial Chain Analysis
11.4 Truck Bias Tire Market Dynamics
11.4.1 Truck Bias Tire Industry Trends
11.4.2 Truck Bias Tire Market Drivers
11.4.3 Truck Bias Tire Market Challenges
11.4.4 Truck Bias Tire Market Restraints
12 Market Strategy Analysis, Distributors
12.1 Sales Channel
12.2 Truck Bias Tire Distributors
12.3 Truck Bias Tire 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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