Consainsights logo

Commercial Vehicles Tires Market

Commercial Vehicles Tires Market Research Report – Segmented By Vehicle Weight (Less Than 3.5 tons, 3.5 tons To 16 tons, More Than 16 tons), By Application (Construction, Mining, Agriculture, Transport, Others), By Terrain (On-Road, Off-Road), By Sales Channel (Online, Offline), By End-user (OEM, Aftermarket), By Material (Natural Rubber, Poly Butadiene Rubber, Styrene Butadiene Rubber, Nylon Cord Fabric And Wire, Others) & Region (North America, Europe, APAC, Latin America, Middle East and Africa) – Analysis on Size, Share, Trends, COVID-19 Impact, Competitive Analysis, Growth Opportunities and Key Insights from 2019 to 2027.

Table of contents

Executive Summary

Commercial Vehicles Tires Market from Consainsights analyses the Commercial Vehicles Tires Market Market in the Automotive & Mobility industry over the forecast period to 2027.

Figure 1: Commercial Vehicles Tires Market Size, 2019-2027

Commercial Vehicles Tires Market research report from Consainsights outlines the detailed strategic analysis, trends, market opportunities, growth prospects, industry and market challenges and sustainable solutions to sustain in the competitive environment.

Commercial Vehicles Tires Market segmentation includes Vehicle Weight, Application, Terrain, Sales Channel, End-user, Material and Geography.

All segmentations encompasses the key innovations and micro & macro trends, companies/manufacturers operating in this space along with their usage and penetration with respect to the wide range of End Users. Additionally, market sizing information along with the key factors such as market drivers, restraints, opportunities and challenges which are likely to be influencing the market growth are outlined in this report.

Based on the Vehicle Weight, the Commercial Vehicles Tires Market analysis covers Less Than 3.5 tons, 3.5 tons To 16 tons, More Than 16 tons.

Figure 2: Commercial Vehicles Tires Market Share (%), Vehicle Weight 2021

Based on the Application, the Commercial Vehicles Tires Market analysis covers Construction, Mining, Agriculture, Transport, Others.

Figure 3: Commercial Vehicles Tires Market Share (%), Application 2021

Based on the Terrain, the Commercial Vehicles Tires Market analysis covers On-Road, Off-Road.

Figure 4: Commercial Vehicles Tires Market Share (%), Terrain 2021

Based on the Sales Channel, the Commercial Vehicles Tires Market analysis covers Online, Offline.

Figure 5: Commercial Vehicles Tires Market Share (%), Sales Channel 2021

Based on the End-user, the Commercial Vehicles Tires Market analysis covers OEM, Aftermarket.

Figure 6: Commercial Vehicles Tires Market Share (%), End-user 2021

Based on the Material, the Commercial Vehicles Tires Market analysis covers Natural Rubber, Poly Butadiene Rubber, Styrene Butadiene Rubber, Nylon Cord Fabric And Wire, Others.

Figure 7: Commercial Vehicles Tires Market Share (%), Material 2021

Key companies operating in the market include Bridgestone Corporation, Continental AG, Balkrishna Industries Limited, The Michelin Group, Trelleborg Corporation, ATG Tires Private Limited, Sumitomo Corporation, Hankook Tire And Technology Group, McLaren Industries, Goodyear Tyre And Rubber Company and so on. This report covers the detailed analysis of the company profiles such as business segments, product portfolio, key brand insights and growth strategies adopted, company SWOT and Strategy analysis along with the financial analysis and analyst insights on the key companies operating in this market.

Moreover, the competitive analysis includes the companies deals such as Mergers, Acquisitions, Partnerships and so on along with the expansion areas focusing on the additional geographies, future insights for success and market share analysis. Major players strategies include the launch of the innovative product lines along with the emphasis on the partnerships and acquisitions to standardize their market share in the market space.

Market Research methodology includes the triangulation of the data from the data sources such as Primary Market Research approach and Secondary Market Research Approach along with the data from the trade bodies and industry standard publications and data sources. Primary inputs from the industry experts and the market respondents from the respective industries to obtain very critical information to assess the future growth prospects of the market. The final data is triangulated and thoroughly validated considering all the data sources using the bottom-up and the top-down approaches to estimate the market sizing of the individual segments.

Market Overview

Definition & Scope

  • The base currency considered was the US Dollar (USD). Conversion of other currencies to USD was considered on the basis of the average exchange rate for the respective review-period years. The exchange rate conversion for forecast period was determined according to the base year’s conversion rates.
  • The base year was identified based on the availability of annual reports and secondary information. The base year considered for this study is 2027.
  • The review period considered for this study is from 2018-2027. The CAGR is for the forecast period, 2022-2027.
  • Market size estimations for the forecast years were in real terms. Inflation is not part of the pricing, and the average selling price (ASP) was kept constant throughout the forecast period for each country.
  • Distribution of primary interviews conducted was based on the regional share of the market and the presence of key players in each region.
  • As a result of data triangulation through multiple methodologies and approaches, the weighted averages of resulting estimates were considered to be the final values.

By Vehicle Weight

Introduction

By By Vehicle Weight, The Commercial Vehicles Tires Market analysis covers Less Than 3.5 tons, 3.5 tons To 16 tons, More Than 16 tons.

Table: 1: Commercial Vehicles Tires Market Size, By By Vehicle Weight

Less Than 3.5 tons

The Less Than 3.5 tons segment market was valued at US$ XX Mn in 2019 and grown at XX% CAGR over the historic years (2019 - 2027) to reach US$ XX Mn and is projected to grow at XX% CAGR over the forecast period to reach US$ XX Mn by 2027. The market represented the US$ XX Mn opportunity over 2019 - 2027 and estimated to create US$ XX Mn opportunity over 2019 - 2027.

3.5 tons To 16 tons

The 3.5 tons To 16 tons segment market was valued at US$ XX Mn in 2019 and grown at XX% CAGR over the historic years (2019 - 2027) to reach US$ XX Mn and is projected to grow at XX% CAGR over the forecast period to reach US$ XX Mn by 2027. The market represented the US$ XX Mn opportunity over 2019 - 2027 and estimated to create US$ XX Mn opportunity over 2019 - 2027.

More Than 16 tons

The More Than 16 tons segment market was valued at US$ XX Mn in 2019 and grown at XX% CAGR over the historic years (2019 - 2027) to reach US$ XX Mn and is projected to grow at XX% CAGR over the forecast period to reach US$ XX Mn by 2027. The market represented the US$ XX Mn opportunity over 2019 - 2027 and estimated to create US$ XX Mn opportunity over 2019 - 2027.

By Application

Introduction

By By Application, The Commercial Vehicles Tires Market analysis covers Construction, Mining, Agriculture, Transport, Others.

Table: 2: Commercial Vehicles Tires Market Size, By By Application

Construction

The Construction segment market was valued at US$ XX Mn in 2019 and grown at XX% CAGR over the historic years (2019 - 2027) to reach US$ XX Mn and is projected to grow at XX% CAGR over the forecast period to reach US$ XX Mn by 2027. The market represented the US$ XX Mn opportunity over 2019 - 2027 and estimated to create US$ XX Mn opportunity over 2019 - 2027.

Mining

The Mining segment market was valued at US$ XX Mn in 2019 and grown at XX% CAGR over the historic years (2019 - 2027) to reach US$ XX Mn and is projected to grow at XX% CAGR over the forecast period to reach US$ XX Mn by 2027. The market represented the US$ XX Mn opportunity over 2019 - 2027 and estimated to create US$ XX Mn opportunity over 2019 - 2027.

Agriculture

The Agriculture segment market was valued at US$ XX Mn in 2019 and grown at XX% CAGR over the historic years (2019 - 2027) to reach US$ XX Mn and is projected to grow at XX% CAGR over the forecast period to reach US$ XX Mn by 2027. The market represented the US$ XX Mn opportunity over 2019 - 2027 and estimated to create US$ XX Mn opportunity over 2019 - 2027.

Transport

The Transport segment market was valued at US$ XX Mn in 2019 and grown at XX% CAGR over the historic years (2019 - 2027) to reach US$ XX Mn and is projected to grow at XX% CAGR over the forecast period to reach US$ XX Mn by 2027. The market represented the US$ XX Mn opportunity over 2019 - 2027 and estimated to create US$ XX Mn opportunity over 2019 - 2027.

Others

The Others segment market was valued at US$ XX Mn in 2019 and grown at XX% CAGR over the historic years (2019 - 2027) to reach US$ XX Mn and is projected to grow at XX% CAGR over the forecast period to reach US$ XX Mn by 2027. The market represented the US$ XX Mn opportunity over 2019 - 2027 and estimated to create US$ XX Mn opportunity over 2019 - 2027.

By Terrain

Introduction

By By Terrain, The Commercial Vehicles Tires Market analysis covers On-Road, Off-Road.

Table: 3: Commercial Vehicles Tires Market Size, By By Terrain

On-Road

The On-Road segment market was valued at US$ XX Mn in 2019 and grown at XX% CAGR over the historic years (2019 - 2027) to reach US$ XX Mn and is projected to grow at XX% CAGR over the forecast period to reach US$ XX Mn by 2027. The market represented the US$ XX Mn opportunity over 2019 - 2027 and estimated to create US$ XX Mn opportunity over 2019 - 2027.

Off-Road

The Off-Road segment market was valued at US$ XX Mn in 2019 and grown at XX% CAGR over the historic years (2019 - 2027) to reach US$ XX Mn and is projected to grow at XX% CAGR over the forecast period to reach US$ XX Mn by 2027. The market represented the US$ XX Mn opportunity over 2019 - 2027 and estimated to create US$ XX Mn opportunity over 2019 - 2027.

By Sales Channel

Introduction

By By Sales Channel, The Commercial Vehicles Tires Market analysis covers Online, Offline.

Table: 4: Commercial Vehicles Tires Market Size, By By Sales Channel

Online

The Online segment market was valued at US$ XX Mn in 2019 and grown at XX% CAGR over the historic years (2019 - 2027) to reach US$ XX Mn and is projected to grow at XX% CAGR over the forecast period to reach US$ XX Mn by 2027. The market represented the US$ XX Mn opportunity over 2019 - 2027 and estimated to create US$ XX Mn opportunity over 2019 - 2027.

Offline

The Offline segment market was valued at US$ XX Mn in 2019 and grown at XX% CAGR over the historic years (2019 - 2027) to reach US$ XX Mn and is projected to grow at XX% CAGR over the forecast period to reach US$ XX Mn by 2027. The market represented the US$ XX Mn opportunity over 2019 - 2027 and estimated to create US$ XX Mn opportunity over 2019 - 2027.

By End-user

Introduction

By By End-user, The Commercial Vehicles Tires Market analysis covers OEM, Aftermarket.

Table: 5: Commercial Vehicles Tires Market Size, By By End-user

OEM

The OEM segment market was valued at US$ XX Mn in 2019 and grown at XX% CAGR over the historic years (2019 - 2027) to reach US$ XX Mn and is projected to grow at XX% CAGR over the forecast period to reach US$ XX Mn by 2027. The market represented the US$ XX Mn opportunity over 2019 - 2027 and estimated to create US$ XX Mn opportunity over 2019 - 2027.

Aftermarket

The Aftermarket segment market was valued at US$ XX Mn in 2019 and grown at XX% CAGR over the historic years (2019 - 2027) to reach US$ XX Mn and is projected to grow at XX% CAGR over the forecast period to reach US$ XX Mn by 2027. The market represented the US$ XX Mn opportunity over 2019 - 2027 and estimated to create US$ XX Mn opportunity over 2019 - 2027.

By Material

Introduction

By By Material, The Commercial Vehicles Tires Market analysis covers Natural Rubber, Poly Butadiene Rubber, Styrene Butadiene Rubber, Nylon Cord Fabric And Wire, Others.

Table: 6: Commercial Vehicles Tires Market Size, By By Material

Natural Rubber

The Natural Rubber segment market was valued at US$ XX Mn in 2019 and grown at XX% CAGR over the historic years (2019 - 2027) to reach US$ XX Mn and is projected to grow at XX% CAGR over the forecast period to reach US$ XX Mn by 2027. The market represented the US$ XX Mn opportunity over 2019 - 2027 and estimated to create US$ XX Mn opportunity over 2019 - 2027.

Poly Butadiene Rubber

The Poly Butadiene Rubber segment market was valued at US$ XX Mn in 2019 and grown at XX% CAGR over the historic years (2019 - 2027) to reach US$ XX Mn and is projected to grow at XX% CAGR over the forecast period to reach US$ XX Mn by 2027. The market represented the US$ XX Mn opportunity over 2019 - 2027 and estimated to create US$ XX Mn opportunity over 2019 - 2027.

Styrene Butadiene Rubber

The Styrene Butadiene Rubber segment market was valued at US$ XX Mn in 2019 and grown at XX% CAGR over the historic years (2019 - 2027) to reach US$ XX Mn and is projected to grow at XX% CAGR over the forecast period to reach US$ XX Mn by 2027. The market represented the US$ XX Mn opportunity over 2019 - 2027 and estimated to create US$ XX Mn opportunity over 2019 - 2027.

Nylon Cord Fabric And Wire

The Nylon Cord Fabric And Wire segment market was valued at US$ XX Mn in 2019 and grown at XX% CAGR over the historic years (2019 - 2027) to reach US$ XX Mn and is projected to grow at XX% CAGR over the forecast period to reach US$ XX Mn by 2027. The market represented the US$ XX Mn opportunity over 2019 - 2027 and estimated to create US$ XX Mn opportunity over 2019 - 2027.

Others

The Others segment market was valued at US$ XX Mn in 2019 and grown at XX% CAGR over the historic years (2019 - 2027) to reach US$ XX Mn and is projected to grow at XX% CAGR over the forecast period to reach US$ XX Mn by 2027. The market represented the US$ XX Mn opportunity over 2019 - 2027 and estimated to create US$ XX Mn opportunity over 2019 - 2027.

Company Analysis

Introduction

Key companies operating in the market include Bridgestone Corporation, Continental AG, Balkrishna Industries Limited, The Michelin Group, Trelleborg Corporation, ATG Tires Private Limited, Sumitomo Corporation, Hankook Tire And Technology Group, McLaren Industries, Goodyear Tyre And Rubber Company and so on. This report covers the detailed analysis of the company profiles such as business segments, product portfolio, key brand insights and growth strategies adopted, company SWOT and Strategy analysis along with the financial analysis and analyst insights on the key companies operating in this market.