Tuesday, June 14th, 2016

WiseGuyReports.com adds“Pneumatic Tire Global Market Opportunities and Forecasts to 2016 – 2021”reports to its database.

COMPLETE REPORT DETAILS @ https://www.wiseguyreports.com/reports/world-pneumatic-tire-market-opportunities-and-forecasts-2014-2020  

Pneumatic tires are in high demand in the automotive industry. Pneumatic tires are rubber tires filled with compressed air that enhances the tires loading capacity and improves the overall performance of the vehicle. Raw materials that are used in the manufacturing of pneumatic tires include natural rubber, synthetic rubber, carbon black, steel wire, petrochemicals reinforcing materials (fabric, steel, polyester, nylon, and rayon), fabric cord and wires. The pneumatic tire market has witnessed considerable growth primarily due to significant increase in automobile production and a subsequent rise in the demand of tires in the replacement market. However, the growing trend of retreading tires and fluctuating raw material prices are factors hindering the growth of the market.

The market is segmented based on the type of sale, vehicle type, product type and geography. Based on the type of sale, the market is further segmented into OEM (original equipment manufacturer) and replacement. The replacement segment accounted for the maximum revenue share in the pneumatic tire market evaluated at $143.7 billion in 2014. This segment is expected to dominate the market during the forecast period (2015–2020). Tires are basically categorized into radial and cross-ply tires, with radial holding around 68% of the total market share by value. Based on the vehicle type, the market is segmented into two wheelers, four wheelers, aircrafts and others (industrial and agricultural vehicles). Presently, four wheelers tire segment is the highest revenue-generating category and is expected to maintain its dominant position throughout the analysis period. The key geographic regions covered in the report include North America, Europe, APAC and LAMEA.

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Several companies manufacture novel tires with outstanding tractions and better grip properties suitable for all surface types. The pneumatic radial tire “ContiRT20”, a new product by Continental AG, provides exceptional stability during the lifting and transport of load in vehicles. Bridgestone offers an 8 inch diameter tires, particularly for use in industrial vehicles.The prominent players in this market are Michelin, Continental AG, Bridgestone Corporation, Cooper Tire & Rubber Company, The Goodyear Tire and Rubber Company, Hankook Tire Co. Ltd., The Yokohama Rubber Co. Ltd., Sumitomo Rubber Industries Ltd., Pirelli & C.S.p.A, Kumho Tire USA., Inc.


The report provides an in-depth analysis of the pneumatic tires market and offers current and future trends to identify lucrative investment pockets in the market

The report identifies the key drivers, opportunities and restraints that shape the market and provides an impact analysis during the forecast period

Porter’s five forces analysis highlights the potency of buyers and suppliers participating in this market. This would further offer a competitive advantage to the stakeholders in making profitable business decisions; thus, helping them to strengthen their supplier and buyer networks

Current and future trends have been outlined to determine the overall attractiveness and highlight the profitable trends in order to gain a stronger foothold in the market

Market estimation of geographic segments has been derived from the current market scenario and expected market trends


The market is segmented on the basis of type of sales, vehicle type, product type and geography.

Global Pneumatic Tires Market—By Type of Sales

Replacement tires


Global Pneumatic Tires Market—By Vehicle Type

Two Wheelers



Four Wheelers

Passenger Cars

Commercial Vehicles (Trucks, Buses)


Others (Industrial Vehicles, Agricultural Vehicles and Off-Road Vehicles)

Global Pneumatic Tires Market—By Product Type

Radial Tires

Cross-ply Tires

Global Pneumatic Tires—By Geography

North America






Continental AG

Bridgestone Corporation

Cooper Tire & Rubber Company

The Goodyear Tire and Rubber Company

Hankook Tire Co. Ltd.

The Yokohama Rubber Co. Ltd.

Sumitomo Rubber Industries Ltd.

Pirelli & C.S.p.A

Kumho Tire Co., Inc.

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Table Of Contents


    1.1 Report Description 
    1.2 Reasons for Doing the Study 
    1.3 Key Benefits 
    1.4 Key Market Segmentation 
    1.5 Key Audience 
    1.6 Research Methodology

      1.6.1 Secondary Research 
      1.6.2 Primary Research 
      1.6.3 Analyst Tools and Models


    2.1 CXO Perspective


    3.1 Market Definition and Scope 
    3.2 Key Findings

      3.2.1 Top Factors Impacting the Pneumatic Tire Market 
      3.2.2 Top Winning Strategies of Pneumatic Tire Market 
      3.2.3 Top Investment Pockets of Pneumatic Tire Market

    3.3 Porters Five Forces

      3.3.1 High Threat of Backward Integration and Dependence on Raw Material Pricing Results in Moderate Bargaining Power of the Suppliers 
      3.3.2 Substantial Product Differentiation and Probable Threat of Backward Integration Leads to Moderate Bargaining Power of Buyer 
      3.3.3 Lack of Substitute Lowers the Threat of Substitution 
      3.3.4 High Investment, Presence of Dominating Players and Well-Known Brands Lowers the Threat of New Entrant 
      3.3.5 Numerous Suppliers and Brand Loyalty amongst Buyers Leads to High Competitive Rivalry in the Market

    3.4 Value Chain Analysis 
    3.5 Raw Material Consumption (Percentage Comparison), 2014 
    3.6 Market Share Analysis, 2014 
    3.7 Market Dynamics

      3.7.1 Drivers

 Increasing Radialization 
 Growth in Automobile Sector 
 Rising Living Standard 
 Technology Advancements

      3.7.2 Restraints

 Growing Trend of Retreading 
 Fluctuating Raw Material Prices

      3.7.3 Opportunities

 Fuel Efficiency and Safety Concerns


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