Automotive Tire Market

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Transparency Market

Research

Industry Research Of Automotive Tire Market Up to

2021

Published Date

2015-06-25

90 Page Report

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Report Title

Automotive Tire Market - Global Industry Analysis, Size,

Share, Growth, Trends and Forecast 2015 - 2021

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Automotive Tire Market

REPORT DESCRIPTION

Automotive Tire Market - Global Industry Analysis, Growth, Trends and

Forecast Upto 2021

Transparency Market Research (TMR) has recently published a research study on the global

automotive tire market, estimating the market to expand at a CAGR of 6.80% during the period

from 2015 to 2021 and reach a market value of 298.1 bn by the end of the forecast period.The

research report, titled “Automotive Tire Market - Global Industry Analysis, Size, Share,

Growth, Trends and Forecast 2015 - 2021’, states that worldwide automotive tire market

stood at US$188.3 bn in 2014.

The automotive segment is one of the booming sectors presently and it is expected to grow

significantly in the next few years prioritizing more on customer safety and comfort. With the

gradual decrease of recession, the automotive sector has witnessed a strong positive growth.

The tire industry is also been noticing a steady improvement in the automotive sector.

Browse The Market Research Report of Automotive Tire

Market : http://www.transparencymarketresearch.com/automotive-tire-market.html

Based on the type of tire safety systems, the market is segmented into two types: radial tire and

bias tire. Due to advancements in technology, the market for radial tires is growing significantly.

Based on applications of tire, the market is segmented in passenger cars, light commercial

vehicle, heavy commercial vehicle and two wheelers.

Asia pacific accounted for the largest market...