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Global Commercial Vehicle Tire Market Research Report 2025
Synopsis
The global Commercial Vehicle Tire market was valued at US$ 54860 million in 2023 and is anticipated to reach US$ 61630 million by 2030, witnessing a CAGR of 1.7% during the forecast period 2024-2030.
North American market for Commercial Vehicle Tire is estimated to increase from $ million in 2023 to reach $ million by 2030, at a CAGR of % during the forecast period of 2024 through 2030.
Asia-Pacific market for Commercial Vehicle Tire is estimated to increase from $ million in 2023 to reach $ million by 2030, at a CAGR of % during the forecast period of 2024 through 2030.
The major global manufacturers of Commercial Vehicle Tire include Michelin, Bridgestone, Goodyear, Continental, Pirelli, Yokohama, Sumitomo, Hankook and Cooper Tire, etc. In 2023, the world's top three vendors accounted for approximately % of the revenue.
This report aims to provide a comprehensive presentation of the global market for Commercial Vehicle Tire, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Commercial Vehicle Tire.
Report Scope
The Commercial Vehicle Tire market size, estimations, and forecasts are provided in terms of output/shipments (K Units) and revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global Commercial Vehicle Tire market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Commercial Vehicle Tire manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, production, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.
Market Segmentation
By Company
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
Segment by Type
OEM
Replacement
Segment by Application
LCV
M&HCV
Production by Region
North America
Europe
China
Japan
Consumption by Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
China Taiwan
Southeast Asia
India
Latin America, Middle East & Africa
Mexico
Brazil
Turkey
GCC Countries
Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by region, by Type, by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Detailed analysis of Commercial Vehicle Tire manufacturers competitive landscape, price, production and value market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Production/output, value of Commercial Vehicle Tire by region/country. It provides a quantitative analysis of the market size and development potential of each region in the next six years.
Chapter 4: Consumption of Commercial Vehicle Tire in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and production of each country in the world.
Chapter 5: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 6: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product production/output, value, price, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: 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 10: The main points and conclusions of the report.
The global Commercial Vehicle Tire market was valued at US$ 54860 million in 2023 and is anticipated to reach US$ 61630 million by 2030, witnessing a CAGR of 1.7% during the forecast period 2024-2030.
North American market for Commercial Vehicle Tire is estimated to increase from $ million in 2023 to reach $ million by 2030, at a CAGR of % during the forecast period of 2024 through 2030.
Asia-Pacific market for Commercial Vehicle Tire is estimated to increase from $ million in 2023 to reach $ million by 2030, at a CAGR of % during the forecast period of 2024 through 2030.
The major global manufacturers of Commercial Vehicle Tire include Michelin, Bridgestone, Goodyear, Continental, Pirelli, Yokohama, Sumitomo, Hankook and Cooper Tire, etc. In 2023, the world's top three vendors accounted for approximately % of the revenue.
This report aims to provide a comprehensive presentation of the global market for Commercial Vehicle Tire, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Commercial Vehicle Tire.
Report Scope
The Commercial Vehicle Tire market size, estimations, and forecasts are provided in terms of output/shipments (K Units) and revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global Commercial Vehicle Tire market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Commercial Vehicle Tire manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, production, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.
Market Segmentation
By Company
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
Segment by Type
OEM
Replacement
Segment by Application
LCV
M&HCV
Production by Region
North America
Europe
China
Japan
Consumption by Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
China Taiwan
Southeast Asia
India
Latin America, Middle East & Africa
Mexico
Brazil
Turkey
GCC Countries
Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by region, by Type, by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Detailed analysis of Commercial Vehicle Tire manufacturers competitive landscape, price, production and value market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Production/output, value of Commercial Vehicle Tire by region/country. It provides a quantitative analysis of the market size and development potential of each region in the next six years.
Chapter 4: Consumption of Commercial Vehicle Tire in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and production of each country in the world.
Chapter 5: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 6: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product production/output, value, price, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: 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 10: The main points and conclusions of the report.
Index1 Commercial Vehicle Tire Market Overview
1.1 Product Definition
1.2 Commercial Vehicle Tire Segment by Type
1.2.1 Global Commercial Vehicle Tire Market Value Growth Rate Analysis by Type 2023 VS 2030
1.2.2 OEM
1.2.3 Replacement
1.3 Commercial Vehicle Tire Segment by Application
1.3.1 Global Commercial Vehicle Tire Market Value Growth Rate Analysis by Application: 2023 VS 2030
1.3.2 LCV
1.3.3 M&HCV
1.4 Global Market Growth Prospects
1.4.1 Global Commercial Vehicle Tire Production Value Estimates and Forecasts (2019-2030)
1.4.2 Global Commercial Vehicle Tire Production Capacity Estimates and Forecasts (2019-2030)
1.4.3 Global Commercial Vehicle Tire Production Estimates and Forecasts (2019-2030)
1.4.4 Global Commercial Vehicle Tire Market Average Price Estimates and Forecasts (2019-2030)
1.5 Assumptions and Limitations
2 Market Competition by Manufacturers
2.1 Global Commercial Vehicle Tire Production Market Share by Manufacturers (2019-2024)
2.2 Global Commercial Vehicle Tire Production Value Market Share by Manufacturers (2019-2024)
2.3 Global Key Players of Commercial Vehicle Tire, Industry Ranking, 2022 VS 2023 VS 2024
2.4 Global Commercial Vehicle Tire Market Share by Company Type (Tier 1, Tier 2 and Tier 3)
2.5 Global Commercial Vehicle Tire Average Price by Manufacturers (2019-2024)
2.6 Global Key Manufacturers of Commercial Vehicle Tire, Manufacturing Base Distribution and Headquarters
2.7 Global Key Manufacturers of Commercial Vehicle Tire, Product Offered and Application
2.8 Global Key Manufacturers of Commercial Vehicle Tire, Date of Enter into This Industry
2.9 Commercial Vehicle Tire Market Competitive Situation and Trends
2.9.1 Commercial Vehicle Tire Market Concentration Rate
2.9.2 Global 5 and 10 Largest Commercial Vehicle Tire Players Market Share by Revenue
2.10 Mergers & Acquisitions, Expansion
3 Commercial Vehicle Tire Production by Region
3.1 Global Commercial Vehicle Tire Production Value Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
3.2 Global Commercial Vehicle Tire Production Value by Region (2019-2030)
3.2.1 Global Commercial Vehicle Tire Production Value Market Share by Region (2019-2024)
3.2.2 Global Forecasted Production Value of Commercial Vehicle Tire by Region (2025-2030)
3.3 Global Commercial Vehicle Tire Production Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
3.4 Global Commercial Vehicle Tire Production by Region (2019-2030)
3.4.1 Global Commercial Vehicle Tire Production Market Share by Region (2019-2024)
3.4.2 Global Forecasted Production of Commercial Vehicle Tire by Region (2025-2030)
3.5 Global Commercial Vehicle Tire Market Price Analysis by Region (2019-2024)
3.6 Global Commercial Vehicle Tire Production and Value, Year-over-Year Growth
3.6.1 North America Commercial Vehicle Tire Production Value Estimates and Forecasts (2019-2030)
3.6.2 Europe Commercial Vehicle Tire Production Value Estimates and Forecasts (2019-2030)
3.6.3 China Commercial Vehicle Tire Production Value Estimates and Forecasts (2019-2030)
3.6.4 Japan Commercial Vehicle Tire Production Value Estimates and Forecasts (2019-2030)
4 Commercial Vehicle Tire Consumption by Region
4.1 Global Commercial Vehicle Tire Consumption Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
4.2 Global Commercial Vehicle Tire Consumption by Region (2019-2030)
4.2.1 Global Commercial Vehicle Tire Consumption by Region (2019-2024)
4.2.2 Global Commercial Vehicle Tire Forecasted Consumption by Region (2025-2030)
4.3 North America
4.3.1 North America Commercial Vehicle Tire Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.3.2 North America Commercial Vehicle Tire Consumption by Country (2019-2030)
4.3.3 U.S.
4.3.4 Canada
4.4 Europe
4.4.1 Europe Commercial Vehicle Tire Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.4.2 Europe Commercial Vehicle Tire Consumption by Country (2019-2030)
4.4.3 Germany
4.4.4 France
4.4.5 U.K.
4.4.6 Italy
4.4.7 Russia
4.5 Asia Pacific
4.5.1 Asia Pacific Commercial Vehicle Tire Consumption Growth Rate by Region: 2019 VS 2023 VS 2030
4.5.2 Asia Pacific Commercial Vehicle Tire Consumption by Region (2019-2030)
4.5.3 China
4.5.4 Japan
4.5.5 South Korea
4.5.6 China Taiwan
4.5.7 Southeast Asia
4.5.8 India
4.6 Latin America, Middle East & Africa
4.6.1 Latin America, Middle East & Africa Commercial Vehicle Tire Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.6.2 Latin America, Middle East & Africa Commercial Vehicle Tire Consumption by Country (2019-2030)
4.6.3 Mexico
4.6.4 Brazil
4.6.5 Turkey
5 Segment by Type
5.1 Global Commercial Vehicle Tire Production by Type (2019-2030)
5.1.1 Global Commercial Vehicle Tire Production by Type (2019-2024)
5.1.2 Global Commercial Vehicle Tire Production by Type (2025-2030)
5.1.3 Global Commercial Vehicle Tire Production Market Share by Type (2019-2030)
5.2 Global Commercial Vehicle Tire Production Value by Type (2019-2030)
5.2.1 Global Commercial Vehicle Tire Production Value by Type (2019-2024)
5.2.2 Global Commercial Vehicle Tire Production Value by Type (2025-2030)
5.2.3 Global Commercial Vehicle Tire Production Value Market Share by Type (2019-2030)
5.3 Global Commercial Vehicle Tire Price by Type (2019-2030)
6 Segment by Application
6.1 Global Commercial Vehicle Tire Production by Application (2019-2030)
6.1.1 Global Commercial Vehicle Tire Production by Application (2019-2024)
6.1.2 Global Commercial Vehicle Tire Production by Application (2025-2030)
6.1.3 Global Commercial Vehicle Tire Production Market Share by Application (2019-2030)
6.2 Global Commercial Vehicle Tire Production Value by Application (2019-2030)
6.2.1 Global Commercial Vehicle Tire Production Value by Application (2019-2024)
6.2.2 Global Commercial Vehicle Tire Production Value by Application (2025-2030)
6.2.3 Global Commercial Vehicle Tire Production Value Market Share by Application (2019-2030)
6.3 Global Commercial Vehicle Tire Price by Application (2019-2030)
7 Key Companies Profiled
7.1 Michelin
7.1.1 Michelin Commercial Vehicle Tire Corporation Information
7.1.2 Michelin Commercial Vehicle Tire Product Portfolio
7.1.3 Michelin Commercial Vehicle Tire Production, Value, Price and Gross Margin (2019-2024)
7.1.4 Michelin Main Business and Markets Served
7.1.5 Michelin Recent Developments/Updates
7.2 Bridgestone
7.2.1 Bridgestone Commercial Vehicle Tire Corporation Information
7.2.2 Bridgestone Commercial Vehicle Tire Product Portfolio
7.2.3 Bridgestone Commercial Vehicle Tire Production, Value, Price and Gross Margin (2019-2024)
7.2.4 Bridgestone Main Business and Markets Served
7.2.5 Bridgestone Recent Developments/Updates
7.3 Goodyear
7.3.1 Goodyear Commercial Vehicle Tire Corporation Information
7.3.2 Goodyear Commercial Vehicle Tire Product Portfolio
7.3.3 Goodyear Commercial Vehicle Tire Production, Value, Price and Gross Margin (2019-2024)
7.3.4 Goodyear Main Business and Markets Served
7.3.5 Goodyear Recent Developments/Updates
7.4 Continental
7.4.1 Continental Commercial Vehicle Tire Corporation Information
7.4.2 Continental Commercial Vehicle Tire Product Portfolio
7.4.3 Continental Commercial Vehicle Tire Production, Value, Price and Gross Margin (2019-2024)
7.4.4 Continental Main Business and Markets Served
7.4.5 Continental Recent Developments/Updates
7.5 Pirelli
7.5.1 Pirelli Commercial Vehicle Tire Corporation Information
7.5.2 Pirelli Commercial Vehicle Tire Product Portfolio
7.5.3 Pirelli Commercial Vehicle Tire Production, Value, Price and Gross Margin (2019-2024)
7.5.4 Pirelli Main Business and Markets Served
7.5.5 Pirelli Recent Developments/Updates
7.6 Yokohama
7.6.1 Yokohama Commercial Vehicle Tire Corporation Information
7.6.2 Yokohama Commercial Vehicle Tire Product Portfolio
7.6.3 Yokohama Commercial Vehicle Tire Production, Value, Price and Gross Margin (2019-2024)
7.6.4 Yokohama Main Business and Markets Served
7.6.5 Yokohama Recent Developments/Updates
7.7 Sumitomo
7.7.1 Sumitomo Commercial Vehicle Tire Corporation Information
7.7.2 Sumitomo Commercial Vehicle Tire Product Portfolio
7.7.3 Sumitomo Commercial Vehicle Tire Production, Value, Price and Gross Margin (2019-2024)
7.7.4 Sumitomo Main Business and Markets Served
7.7.5 Sumitomo Recent Developments/Updates
7.8 Hankook
7.8.1 Hankook Commercial Vehicle Tire Corporation Information
7.8.2 Hankook Commercial Vehicle Tire Product Portfolio
7.8.3 Hankook Commercial Vehicle Tire Production, Value, Price and Gross Margin (2019-2024)
7.8.4 Hankook Main Business and Markets Served
7.7.5 Hankook Recent Developments/Updates
7.9 Cooper Tire
7.9.1 Cooper Tire Commercial Vehicle Tire Corporation Information
7.9.2 Cooper Tire Commercial Vehicle Tire Product Portfolio
7.9.3 Cooper Tire Commercial Vehicle Tire Production, Value, Price and Gross Margin (2019-2024)
7.9.4 Cooper Tire Main Business and Markets Served
7.9.5 Cooper Tire Recent Developments/Updates
7.10 Toyo Tire
7.10.1 Toyo Tire Commercial Vehicle Tire Corporation Information
7.10.2 Toyo Tire Commercial Vehicle Tire Product Portfolio
7.10.3 Toyo Tire Commercial Vehicle Tire Production, Value, Price and Gross Margin (2019-2024)
7.10.4 Toyo Tire Main Business and Markets Served
7.10.5 Toyo Tire Recent Developments/Updates
7.11 Apollo Tyres
7.11.1 Apollo Tyres Commercial Vehicle Tire Corporation Information
7.11.2 Apollo Tyres Commercial Vehicle Tire Product Portfolio
7.11.3 Apollo Tyres Commercial Vehicle Tire Production, Value, Price and Gross Margin (2019-2024)
7.11.4 Apollo Tyres Main Business and Markets Served
7.11.5 Apollo Tyres Recent Developments/Updates
7.12 Hangzhou Zhongce Rubber
7.12.1 Hangzhou Zhongce Rubber Commercial Vehicle Tire Corporation Information
7.12.2 Hangzhou Zhongce Rubber Commercial Vehicle Tire Product Portfolio
7.12.3 Hangzhou Zhongce Rubber Commercial Vehicle Tire Production, Value, Price and Gross Margin (2019-2024)
7.12.4 Hangzhou Zhongce Rubber Main Business and Markets Served
7.12.5 Hangzhou Zhongce Rubber Recent Developments/Updates
7.13 Giti Tire
7.13.1 Giti Tire Commercial Vehicle Tire Corporation Information
7.13.2 Giti Tire Commercial Vehicle Tire Product Portfolio
7.13.3 Giti Tire Commercial Vehicle Tire Production, Value, Price and Gross Margin (2019-2024)
7.13.4 Giti Tire Main Business and Markets Served
7.13.5 Giti Tire Recent Developments/Updates
7.14 Triangle
7.14.1 Triangle Commercial Vehicle Tire Corporation Information
7.14.2 Triangle Commercial Vehicle Tire Product Portfolio
7.14.3 Triangle Commercial Vehicle Tire Production, Value, Price and Gross Margin (2019-2024)
7.14.4 Triangle Main Business and Markets Served
7.14.5 Triangle Recent Developments/Updates
7.15 Titan Tire
7.15.1 Titan Tire Commercial Vehicle Tire Corporation Information
7.15.2 Titan Tire Commercial Vehicle Tire Product Portfolio
7.15.3 Titan Tire Commercial Vehicle Tire Production, Value, Price and Gross Margin (2019-2024)
7.15.4 Titan Tire Main Business and Markets Served
7.15.5 Titan Tire Recent Developments/Updates
7.16 JK Tyre
7.16.1 JK Tyre Commercial Vehicle Tire Corporation Information
7.16.2 JK Tyre Commercial Vehicle Tire Product Portfolio
7.16.3 JK Tyre Commercial Vehicle Tire Production, Value, Price and Gross Margin (2019-2024)
7.16.4 JK Tyre Main Business and Markets Served
7.16.5 JK Tyre Recent Developments/Updates
7.17 MRF
7.17.1 MRF Commercial Vehicle Tire Corporation Information
7.17.2 MRF Commercial Vehicle Tire Product Portfolio
7.17.3 MRF Commercial Vehicle Tire Production, Value, Price and Gross Margin (2019-2024)
7.17.4 MRF Main Business and Markets Served
7.17.5 MRF Recent Developments/Updates
7.18 Cheng Shin
7.18.1 Cheng Shin Commercial Vehicle Tire Corporation Information
7.18.2 Cheng Shin Commercial Vehicle Tire Product Portfolio
7.18.3 Cheng Shin Commercial Vehicle Tire Production, Value, Price and Gross Margin (2019-2024)
7.18.4 Cheng Shin Main Business and Markets Served
7.18.5 Cheng Shin Recent Developments/Updates
7.19 Nokian Tyres
7.19.1 Nokian Tyres Commercial Vehicle Tire Corporation Information
7.19.2 Nokian Tyres Commercial Vehicle Tire Product Portfolio
7.19.3 Nokian Tyres Commercial Vehicle Tire Production, Value, Price and Gross Margin (2019-2024)
7.19.4 Nokian Tyres Main Business and Markets Served
7.19.5 Nokian Tyres Recent Developments/Updates
7.20 Kumho Tire
7.20.1 Kumho Tire Commercial Vehicle Tire Corporation Information
7.20.2 Kumho Tire Commercial Vehicle Tire Product Portfolio
7.20.3 Kumho Tire Commercial Vehicle Tire Production, Value, Price and Gross Margin (2019-2024)
7.20.4 Kumho Tire Main Business and Markets Served
7.20.5 Kumho Tire Recent Developments/Updates
8 Industry Chain and Sales Channels Analysis
8.1 Commercial Vehicle Tire Industry Chain Analysis
8.2 Commercial Vehicle Tire Key Raw Materials
8.2.1 Key Raw Materials
8.2.2 Raw Materials Key Suppliers
8.3 Commercial Vehicle Tire Production Mode & Process
8.4 Commercial Vehicle Tire Sales and Marketing
8.4.1 Commercial Vehicle Tire Sales Channels
8.4.2 Commercial Vehicle Tire Distributors
8.5 Commercial Vehicle Tire Customers
9 Commercial Vehicle Tire Market Dynamics
9.1 Commercial Vehicle Tire Industry Trends
9.2 Commercial Vehicle Tire Market Drivers
9.3 Commercial Vehicle Tire Market Challenges
9.4 Commercial Vehicle Tire Market Restraints
10 Research Finding and Conclusion
11 Methodology and Data Source
11.1 Methodology/Research Approach
11.1.1 Research Programs/Design
11.1.2 Market Size Estimation
11.1.3 Market Breakdown and Data Triangulation
11.2 Data Source
11.2.1 Secondary Sources
11.2.2 Primary Sources
11.3 Author List
11.4 Disclaimer
Published By : QY Research
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