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Automotive Retreaded Tire Trends and Forecast
The future of the global automotive retreaded tire market looks promising with opportunities in the OEM and aftermarket markets. The global automotive retreaded tire market is expected to grow with a CAGR of 5.2% from 2024 to 2030. The major drivers for this market are surge in the sales of automobiles, growing the need for cost-effective tires for heavy commercial vehicles, and rising demand for tires from fleet owners.
A more than 150-page report is developed to help in your business decisions. Sample figures with some insights are shown below.
Automotive Retreaded Tire by Segment
The study includes a forecast for the global automotive retreaded tire by vehicle type, rim size, end use, and region.
Automotive Retreaded Tire Market by Vehicle Type [Shipment Analysis by Value from 2018 to 2030]:
• Heavy Commercial Vehicles
• Passenger Cars
• Light Commercial Vehicles
Automotive Retreaded Tire Market by Rim Size [Shipment Analysis by Value from 2018 to 2030]:
• 13-15 inches
• 16-18 inches
• 19-21 inches
• More Than 21 inches
Automotive Retreaded Tire Market by End Use [Shipment Analysis by Value from 2018 to 2030]:
• OEM
• Aftermarket
Automotive Retreaded Tire Market by Region [Shipment Analysis by Value from 2018 to 2030]:
• North America
• Europe
• Asia Pacific
• The Rest of the World
List of Automotive Retreaded Tire Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies automotive retreaded tire companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the automotive retreaded tire companies profiled in this report include-
• Marangoni
• Nokian Tyres
• MRF Tyres
• Kraiburg Austria
• Cst Industries
• Mcdermott
• Permianlide
Automotive Retreaded Tire Market Insights
Lucintel forecasts that passenger car is expected to witness the highest growth over the forecast period due to high volume of passenger cars across the globe.
Within this market, OEM will remain the larger segment due to rising demand of tires in passenger as well as commercial vehicles.
APAC is expected to witness highest growth over the forecast period due to rising environmental concern and huge vehicle production in this region.
Features of the Global Automotive Retreaded Tire Market
Market Size Estimates: Automotive retreaded tire market size estimation in terms of value ($B).
Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
Segmentation Analysis: Automotive retreaded tire market size by vehicle type, rim size, end use, and region in terms of value ($B).
Regional Analysis: Automotive retreaded tire market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
Growth Opportunities: Analysis of growth opportunities in different vehicle types, rim sizes, end uses, and regions for the automotive retreaded tire market.
Strategic Analysis: This includes M&A, new product development, and competitive landscape of the automotive retreaded tire market.
Analysis of competitive intensity of the industry based on Porter’s Five Forces model.
FAQ
Q1. What is the growth forecast for automotive retreaded tire market?
Answer: The global automotive retreaded tire market is expected to grow with a CAGR of 5.2% from 2024 to 2030.
Q2. What are the major drivers influencing the growth of the automotive retreaded tire market?
Answer: The major drivers for this market are surge in the sales of automobiles, growing the need for cost-effective tires for heavy commercial vehicles, and rising demand for tires from fleet owners.
Q3. What are the major segments for automotive retreaded tire market?
Answer: The future of the automotive retreaded tire market looks promising with opportunities in the OEM and aftermarket markets.
Q4. Who are the key automotive retreaded tire market companies?
Answer: Some of the key automotive retreaded tire companies are as follows:
• Marangoni
• Nokian Tyres
• MRF Tyres
• Kraiburg Austria
• Cst Industries
• Mcdermott
• Permianlide
Q5. Which automotive retreaded tire market segment will be the largest in future?
Answer: Lucintel forecasts that passenger car is expected to witness the highest growth over the forecast period due to high volume of passenger cars across the globe.
Q6. In automotive retreaded tire market, which region is expected to be the largest in next 5 years?
Answer: APAC is expected to witness highest growth over the forecast period due to rising environmental concern and huge vehicle production in this region.
Q7. Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% customization without any additional cost.
This report answers following 11 key questions:
Q.1. What are some of the most promising, high-growth opportunities for the automotive retreaded tire market by vehicle type (heavy commercial vehicle, passenger car, and light commercial vehicle), rim size (13-15 inches, 16-18 inches, 19-21 inches, and more than 21 inches), end use (OEM and aftermarket), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2. Which segments will grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
Q.5. What are the business risks and competitive threats in this market?
Q.6. What are the emerging trends in this market and the reasons behind them?
Q.7. What are some of the changing demands of customers in the market?
Q.8. What are the new developments in the market? Which companies are leading these developments?
Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?
For any questions related to Automotive Retreaded Tire Market, Automotive Retreaded Tire Market Size, Automotive Retreaded Tire Market Growth, Automotive Retreaded Tire Market Analysis, Automotive Retreaded Tire Market Report, Automotive Retreaded Tire Market Share, Automotive Retreaded Tire Market Trends, Automotive Retreaded Tire Market Forecast, Automotive Retreaded Tire Companies, write Lucintel analyst at email: helpdesk@lucintel.com. We will be glad to get back to you soon.
Table of Contents
1. Executive Summary
2. Global Automotive Retreaded Tire Market : Market Dynamics
2.1: Introduction, Background, and Classifications
2.2: Supply Chain
2.3: Industry Drivers and Challenges
3. Market Trends and Forecast Analysis from 2018 to 2030
3.1. Macroeconomic Trends (2018-2023) and Forecast (2024-2030)
3.2. Global Automotive Retreaded Tire Market Trends (2018-2023) and Forecast (2024-2030)
3.3: Global Automotive Retreaded Tire Market by Vehicle Type
3.3.1: Heavy Commercial Vehicles
3.3.2: Passenger Cars
3.3.3: Light Commercial Vehicles
3.4: Global Automotive Retreaded Tire Market by Rim Size
3.4.1: 13-15 inches
3.4.2: 16-18 inches
3.4.3: 19-21 inches
3.4.4: more than 21 inches
3.5: Global Automotive Retreaded Tire Market by End Use
3.5.1: OEM
3.5.2: Aftermarket
4. Market Trends and Forecast Analysis by Region from 2018 to 2030
4.1: Global Automotive Retreaded Tire Market by Region
4.2: North American Automotive Retreaded Tire Market
4.2.2: North American Automotive Retreaded Tire Market by End Use: OEM and Aftermarket
4.3: European Automotive Retreaded Tire Market
4.3.1: European Automotive Retreaded Tire Market by Vehicle Type: Heavy Commercial Vehicle, Passenger Car, and Light Commercial Vehicle
4.3.2: European Automotive Retreaded Tire Market by End Use: OEM and Aftermarket
4.4: APAC Automotive Retreaded Tire Market
4.4.1: APAC Automotive Retreaded Tire Market by Vehicle Type: Heavy Commercial Vehicle, Passenger Car, and Light Commercial Vehicle
4.4.2: APAC Automotive Retreaded Tire Market by End Use: OEM and Aftermarket
4.5: ROW Automotive Retreaded Tire Market
4.5.1: ROW Automotive Retreaded Tire Market by Vehicle Type: Heavy Commercial Vehicle, Passenger Car, and Light Commercial Vehicle
4.5.2: ROW Automotive Retreaded Tire Market by End Use: OEM and Aftermarket
5. Competitor Analysis
5.1: Product Portfolio Analysis
5.2: Operational Integration
5.3: Porter’s Five Forces Analysis
6. Growth Opportunities and Strategic Analysis
6.1: Growth Opportunity Analysis
6.1.1: Growth Opportunities for the Global Automotive Retreaded Tire Market by Vehicle Type
6.1.2: Growth Opportunities for the Global Automotive Retreaded Tire Market by Rim Size
6.1.3: Growth Opportunities for the Global Automotive Retreaded Tire Market by End Use
6.1.4: Growth Opportunities for the Global Automotive Retreaded Tire Market by Region
6.2: Emerging Trends in the Global Automotive Retreaded Tire Market
6.3: Strategic Analysis
6.3.1: New Product Development
6.3.2: Capacity Expansion of the Global Automotive Retreaded Tire Market
6.3.3: Mergers, Acquisitions, and Joint Ventures in the Global Automotive Retreaded Tire Market
6.3.4: Certification and Licensing
7. Company Profiles of Leading Players
7.1: Marangoni
7.2: Nokian Tyres
7.3: MRF Tyres
7.4: Kraiburg Austria
7.5: Cst Industries
7.6: Mcdermott
7.7: Permianlide
.
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Lucintel has been in the business of market research and management consulting since 2000 and has published over 1000 market intelligence reports in various markets / applications and served over 1,000 clients worldwide. This study is a culmination of four months of full-time effort performed by Lucintel's analyst team. The analysts used the following sources for the creation and completion of this valuable report:
In-depth interviews of the major players in this market
Detailed secondary research from competitors’ financial statements and published data
Extensive searches of published works, market, and database information pertaining to industry news, company press releases, and customer intentions
A compilation of the experiences, judgments, and insights of Lucintel’s professionals, who have analyzed and tracked this market over the years.
Extensive research and interviews are conducted across the supply chain of this market to estimate market share, market size, trends, drivers, challenges, and forecasts. Below is a brief summary of the primary interviews that were conducted by job function for this report.
Thus, Lucintel compiles vast amounts of data from numerous sources, validates the integrity of that data, and performs a comprehensive analysis. Lucintel then organizes the data, its findings, and insights into a concise report designed to support the strategic decision-making process. The figure below is a graphical representation of Lucintel’s research process.
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