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Commercial Vehicle Tire-Global Market Insights and Sales Trends 2025

Commercial Vehicle Tire-Global Market Insights and Sales Trends 2025

Publishing Date : Mar, 2025

License Type :
 

Report Code : 1860601

No of Pages : 125

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Synopsis
The global Commercial Vehicle Tire market size is expected to reach US$ 61630 million by 2029, growing at a CAGR of 1.7% from 2023 to 2029. The market is mainly driven by the significant applications of Commercial Vehicle Tire in various end use industries. The expanding demands from the LCV and M&HCV, are propelling Commercial Vehicle Tire market. OEM, 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 Replacement segment is estimated at % CAGR for the next seven-year period.
Asia Pacific shows high growth potential for Commercial Vehicle Tire market, driven by demand from China, the second largest economy with some signs of stabilising, the Commercial Vehicle Tire market in China is forecast to reach US$ million by 2029, trailing a CAGR of % over the 2023-2029 period, while the U.S. market will reach US$ million by 2029, exhibiting a CAGR of % during the same period.
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 Commercial Vehicle 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 Commercial Vehicle 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 Commercial Vehicle Tire market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Commercial Vehicle 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 Commercial Vehicle Tire covered in this report include Michelin, Bridgestone, Goodyear, Continental, Pirelli, Yokohama, Sumitomo, Hankook and Cooper Tire, etc.
The global Commercial Vehicle 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
Goodyear
Continental
Pirelli
Yokohama
Sumitomo
Hankook
Cooper Tire
Toyo Tire
Apollo Tyres
Hangzhou Zhongce Rubber
Giti Tire
Triangle
Titan Tire
JK Tyre
MRF
Cheng Shin
Nokian Tyres
Kumho Tire
Global Commercial Vehicle 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 Commercial Vehicle Tire market, Segment by Type:
OEM
Replacement
Global Commercial Vehicle Tire market, by Application
LCV
M&HCV
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 Commercial Vehicle Tire manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of Commercial Vehicle 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.
Index
1 Commercial Vehicle Tire Market Overview
1.1 Commercial Vehicle Tire Product Overview
1.2 Commercial Vehicle Tire Market Segment by Type
1.2.1 OEM
1.2.2 Replacement
1.3 Global Commercial Vehicle Tire Market Size by Type
1.3.1 Global Commercial Vehicle Tire Market Size Overview by Type (2018-2029)
1.3.2 Global Commercial Vehicle Tire Historic Market Size Review by Type (2018-2023)
1.3.3 Global Commercial Vehicle Tire Forecasted Market Size by Type (2024-2029)
1.4 Key Regions Market Size Segment by Type
1.4.1 North America Commercial Vehicle Tire Sales Breakdown by Type (2018-2023)
1.4.2 Europe Commercial Vehicle Tire Sales Breakdown by Type (2018-2023)
1.4.3 Asia-Pacific Commercial Vehicle Tire Sales Breakdown by Type (2018-2023)
1.4.4 Latin America Commercial Vehicle Tire Sales Breakdown by Type (2018-2023)
1.4.5 Middle East and Africa Commercial Vehicle Tire Sales Breakdown by Type (2018-2023)
2 Global Commercial Vehicle Tire Market Competition by Company
2.1 Global Top Players by Commercial Vehicle Tire Sales (2018-2023)
2.2 Global Top Players by Commercial Vehicle Tire Revenue (2018-2023)
2.3 Global Top Players by Commercial Vehicle Tire Price (2018-2023)
2.4 Global Top Manufacturers Commercial Vehicle Tire Manufacturing Base Distribution, Sales Area, Product Type
2.5 Commercial Vehicle Tire Market Competitive Situation and Trends
2.5.1 Commercial Vehicle Tire Market Concentration Rate (2018-2023)
2.5.2 Global 5 and 10 Largest Manufacturers by Commercial Vehicle 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 Commercial Vehicle Tire as of 2022)
2.7 Date of Key Manufacturers Enter into Commercial Vehicle Tire Market
2.8 Key Manufacturers Commercial Vehicle Tire Product Offered
2.9 Mergers & Acquisitions, Expansion
3 Commercial Vehicle Tire Status and Outlook by Region
3.1 Global Commercial Vehicle Tire Market Size and CAGR by Region: 2018 VS 2022 VS 2029
3.2 Global Commercial Vehicle Tire Historic Market Size by Region
3.2.1 Global Commercial Vehicle Tire Sales in Volume by Region (2018-2023)
3.2.2 Global Commercial Vehicle Tire Sales in Value by Region (2018-2023)
3.2.3 Global Commercial Vehicle Tire Sales (Volume & Value) Price and Gross Margin (2018-2023)
3.3 Global Commercial Vehicle Tire Forecasted Market Size by Region
3.3.1 Global Commercial Vehicle Tire Sales in Volume by Region (2024-2029)
3.3.2 Global Commercial Vehicle Tire Sales in Value by Region (2024-2029)
3.3.3 Global Commercial Vehicle Tire Sales (Volume & Value), Price and Gross Margin (2024-2029)
4 Global Commercial Vehicle Tire by Application
4.1 Commercial Vehicle Tire Market Segment by Application
4.1.1 LCV
4.1.2 M&HCV
4.2 Global Commercial Vehicle Tire Market Size by Application
4.2.1 Global Commercial Vehicle Tire Market Size Overview by Application (2018-2029)
4.2.2 Global Commercial Vehicle Tire Historic Market Size Review by Application (2018-2023)
4.2.3 Global Commercial Vehicle Tire Forecasted Market Size by Application (2024-2029)
4.3 Key Regions Market Size Segment by Application
4.3.1 North America Commercial Vehicle Tire Sales Breakdown by Application (2018-2023)
4.3.2 Europe Commercial Vehicle Tire Sales Breakdown by Application (2018-2023)
4.3.3 Asia-Pacific Commercial Vehicle Tire Sales Breakdown by Application (2018-2023)
4.3.4 Latin America Commercial Vehicle Tire Sales Breakdown by Application (2018-2023)
4.3.5 Middle East and Africa Commercial Vehicle Tire Sales Breakdown by Application (2018-2023)
5 North America Commercial Vehicle Tire by Country
5.1 North America Commercial Vehicle Tire Historic Market Size by Country
5.1.1 North America Commercial Vehicle Tire Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
5.1.2 North America Commercial Vehicle Tire Sales in Volume by Country (2018-2023)
5.1.3 North America Commercial Vehicle Tire Sales in Value by Country (2018-2023)
5.2 North America Commercial Vehicle Tire Forecasted Market Size by Country
5.2.1 North America Commercial Vehicle Tire Sales in Volume by Country (2024-2029)
5.2.2 North America Commercial Vehicle Tire Sales in Value by Country (2024-2029)
6 Europe Commercial Vehicle Tire by Country
6.1 Europe Commercial Vehicle Tire Historic Market Size by Country
6.1.1 Europe Commercial Vehicle Tire Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
6.1.2 Europe Commercial Vehicle Tire Sales in Volume by Country (2018-2023)
6.1.3 Europe Commercial Vehicle Tire Sales in Value by Country (2018-2023)
6.2 Europe Commercial Vehicle Tire Forecasted Market Size by Country
6.2.1 Europe Commercial Vehicle Tire Sales in Volume by Country (2024-2029)
6.2.2 Europe Commercial Vehicle Tire Sales in Value by Country (2024-2029)
7 Asia-Pacific Commercial Vehicle Tire by Region
7.1 Asia-Pacific Commercial Vehicle Tire Historic Market Size by Region
7.1.1 Asia-Pacific Commercial Vehicle Tire Market Size Growth Rate (CAGR) by Region: 2018 VS 2022 VS 2029
7.1.2 Asia-Pacific Commercial Vehicle Tire Sales in Volume by Region (2018-2023)
7.1.3 Asia-Pacific Commercial Vehicle Tire Sales in Value by Region (2018-2023)
7.2 Asia-Pacific Commercial Vehicle Tire Forecasted Market Size by Region
7.2.1 Asia-Pacific Commercial Vehicle Tire Sales in Volume by Region (2024-2029)
7.2.2 Asia-Pacific Commercial Vehicle Tire Sales in Value by Region (2024-2029)
8 Latin America Commercial Vehicle Tire by Country
8.1 Latin America Commercial Vehicle Tire Historic Market Size by Country
8.1.1 Latin America Commercial Vehicle Tire Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
8.1.2 Latin America Commercial Vehicle Tire Sales in Volume by Country (2018-2023)
8.1.3 Latin America Commercial Vehicle Tire Sales in Value by Country (2018-2023)
8.2 Latin America Commercial Vehicle Tire Forecasted Market Size by Country
8.2.1 Latin America Commercial Vehicle Tire Sales in Volume by Country (2024-2029)
8.2.2 Latin America Commercial Vehicle Tire Sales in Value by Country (2024-2029)
9 Middle East and Africa Commercial Vehicle Tire by Country
9.1 Middle East and Africa Commercial Vehicle Tire Historic Market Size by Country
9.1.1 Middle East and Africa Commercial Vehicle Tire Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
9.1.2 Middle East and Africa Commercial Vehicle Tire Sales in Volume by Country (2018-2023)
9.1.3 Middle East and Africa Commercial Vehicle Tire Sales in Value by Country (2018-2023)
9.2 Middle East and Africa Commercial Vehicle Tire Forecasted Market Size by Country
9.2.1 Middle East and Africa Commercial Vehicle Tire Sales in Volume by Country (2024-2029)
9.2.2 Middle East and Africa Commercial Vehicle 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 Commercial Vehicle Tire Sales, Revenue and Gross Margin (2018-2023)
10.1.4 Michelin Commercial Vehicle 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 Commercial Vehicle Tire Sales, Revenue and Gross Margin (2018-2023)
10.2.4 Bridgestone Commercial Vehicle Tire Products Offered
10.2.5 Bridgestone Recent Development
10.3 Goodyear
10.3.1 Goodyear Company Information
10.3.2 Goodyear Introduction and Business Overview
10.3.3 Goodyear Commercial Vehicle Tire Sales, Revenue and Gross Margin (2018-2023)
10.3.4 Goodyear Commercial Vehicle Tire Products Offered
10.3.5 Goodyear Recent Development
10.4 Continental
10.4.1 Continental Company Information
10.4.2 Continental Introduction and Business Overview
10.4.3 Continental Commercial Vehicle Tire Sales, Revenue and Gross Margin (2018-2023)
10.4.4 Continental Commercial Vehicle Tire Products Offered
10.4.5 Continental Recent Development
10.5 Pirelli
10.5.1 Pirelli Company Information
10.5.2 Pirelli Introduction and Business Overview
10.5.3 Pirelli Commercial Vehicle Tire Sales, Revenue and Gross Margin (2018-2023)
10.5.4 Pirelli Commercial Vehicle Tire Products Offered
10.5.5 Pirelli Recent Development
10.6 Yokohama
10.6.1 Yokohama Company Information
10.6.2 Yokohama Introduction and Business Overview
10.6.3 Yokohama Commercial Vehicle Tire Sales, Revenue and Gross Margin (2018-2023)
10.6.4 Yokohama Commercial Vehicle Tire Products Offered
10.6.5 Yokohama Recent Development
10.7 Sumitomo
10.7.1 Sumitomo Company Information
10.7.2 Sumitomo Introduction and Business Overview
10.7.3 Sumitomo Commercial Vehicle Tire Sales, Revenue and Gross Margin (2018-2023)
10.7.4 Sumitomo Commercial Vehicle Tire Products Offered
10.7.5 Sumitomo Recent Development
10.8 Hankook
10.8.1 Hankook Company Information
10.8.2 Hankook Introduction and Business Overview
10.8.3 Hankook Commercial Vehicle Tire Sales, Revenue and Gross Margin (2018-2023)
10.8.4 Hankook Commercial Vehicle Tire Products Offered
10.8.5 Hankook Recent Development
10.9 Cooper Tire
10.9.1 Cooper Tire Company Information
10.9.2 Cooper Tire Introduction and Business Overview
10.9.3 Cooper Tire Commercial Vehicle Tire Sales, Revenue and Gross Margin (2018-2023)
10.9.4 Cooper Tire Commercial Vehicle Tire Products Offered
10.9.5 Cooper Tire Recent Development
10.10 Toyo Tire
10.10.1 Toyo Tire Company Information
10.10.2 Toyo Tire Introduction and Business Overview
10.10.3 Toyo Tire Commercial Vehicle Tire Sales, Revenue and Gross Margin (2018-2023)
10.10.4 Toyo Tire Commercial Vehicle Tire Products Offered
10.10.5 Toyo Tire Recent Development
10.11 Apollo Tyres
10.11.1 Apollo Tyres Company Information
10.11.2 Apollo Tyres Introduction and Business Overview
10.11.3 Apollo Tyres Commercial Vehicle Tire Sales, Revenue and Gross Margin (2018-2023)
10.11.4 Apollo Tyres Commercial Vehicle Tire Products Offered
10.11.5 Apollo Tyres Recent Development
10.12 Hangzhou Zhongce Rubber
10.12.1 Hangzhou Zhongce Rubber Company Information
10.12.2 Hangzhou Zhongce Rubber Introduction and Business Overview
10.12.3 Hangzhou Zhongce Rubber Commercial Vehicle Tire Sales, Revenue and Gross Margin (2018-2023)
10.12.4 Hangzhou Zhongce Rubber Commercial Vehicle Tire Products Offered
10.12.5 Hangzhou Zhongce Rubber Recent Development
10.13 Giti Tire
10.13.1 Giti Tire Company Information
10.13.2 Giti Tire Introduction and Business Overview
10.13.3 Giti Tire Commercial Vehicle Tire Sales, Revenue and Gross Margin (2018-2023)
10.13.4 Giti Tire Commercial Vehicle Tire Products Offered
10.13.5 Giti Tire Recent Development
10.14 Triangle
10.14.1 Triangle Company Information
10.14.2 Triangle Introduction and Business Overview
10.14.3 Triangle Commercial Vehicle Tire Sales, Revenue and Gross Margin (2018-2023)
10.14.4 Triangle Commercial Vehicle Tire Products Offered
10.14.5 Triangle Recent Development
10.15 Titan Tire
10.15.1 Titan Tire Company Information
10.15.2 Titan Tire Introduction and Business Overview
10.15.3 Titan Tire Commercial Vehicle Tire Sales, Revenue and Gross Margin (2018-2023)
10.15.4 Titan Tire Commercial Vehicle Tire Products Offered
10.15.5 Titan Tire Recent Development
10.16 JK Tyre
10.16.1 JK Tyre Company Information
10.16.2 JK Tyre Introduction and Business Overview
10.16.3 JK Tyre Commercial Vehicle Tire Sales, Revenue and Gross Margin (2018-2023)
10.16.4 JK Tyre Commercial Vehicle Tire Products Offered
10.16.5 JK Tyre Recent Development
10.17 MRF
10.17.1 MRF Company Information
10.17.2 MRF Introduction and Business Overview
10.17.3 MRF Commercial Vehicle Tire Sales, Revenue and Gross Margin (2018-2023)
10.17.4 MRF Commercial Vehicle Tire Products Offered
10.17.5 MRF Recent Development
10.18 Cheng Shin
10.18.1 Cheng Shin Company Information
10.18.2 Cheng Shin Introduction and Business Overview
10.18.3 Cheng Shin Commercial Vehicle Tire Sales, Revenue and Gross Margin (2018-2023)
10.18.4 Cheng Shin Commercial Vehicle Tire Products Offered
10.18.5 Cheng Shin Recent Development
10.19 Nokian Tyres
10.19.1 Nokian Tyres Company Information
10.19.2 Nokian Tyres Introduction and Business Overview
10.19.3 Nokian Tyres Commercial Vehicle Tire Sales, Revenue and Gross Margin (2018-2023)
10.19.4 Nokian Tyres Commercial Vehicle Tire Products Offered
10.19.5 Nokian Tyres Recent Development
10.20 Kumho Tire
10.20.1 Kumho Tire Company Information
10.20.2 Kumho Tire Introduction and Business Overview
10.20.3 Kumho Tire Commercial Vehicle Tire Sales, Revenue and Gross Margin (2018-2023)
10.20.4 Kumho Tire Commercial Vehicle Tire Products Offered
10.20.5 Kumho Tire Recent Development
11 Upstream, Opportunities, Challenges, Risks and Influences Factors Analysis
11.1 Commercial Vehicle 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 Commercial Vehicle Tire Industrial Chain Analysis
11.4 Commercial Vehicle Tire Market Dynamics
11.4.1 Commercial Vehicle Tire Industry Trends
11.4.2 Commercial Vehicle Tire Market Drivers
11.4.3 Commercial Vehicle Tire Market Challenges
11.4.4 Commercial Vehicle Tire Market Restraints
12 Market Strategy Analysis, Distributors
12.1 Sales Channel
12.2 Commercial Vehicle Tire Distributors
12.3 Commercial Vehicle 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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