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Heavy Duty Tire Market Size- By Type, By Product, By Application, By End User- Regional Outlook, Competitive Strategies and Segment Forecast to 2033

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  • MICHELIN
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Heavy Duty Tire Market Introduction and Overview

According to SPER Market Research, 'Heavy Duty Tire Market Size- By Type, By Product, By Application, By End User, - Regional Outlook, Competitive Strategies and Segment Forecast to 2033' states that the Global Heavy Duty Tire Market is estimated to reach USD 31.99 billion by 2033 with a CAGR of 4.61%.

The market for heavy duty tires caters to sectors that require strong, long-lasting tires that can withstand severe conditions and large weights. Since they offer the traction, stability, and durability that commercial trucks, construction equipment, agricultural machinery, and mining vehicles require, these tires are indispensable. Growing infrastructure developments, greater agricultural mechanization, and an increase in the need for dependable logistics and transportation options are the main factors propelling the market's expansion.

Given that starting of lockdown saw a drop in new car production and sales, the COVID-19 pandemic had a major short-term impact on the automotive tyres market. Furthermore, due to the limitations, car owners drove less, which caused maintenance appointments and tire replacements to be postponed.

Scope of the Report:

Report Metric Details

Market size available for years 2020-2033

Base year considered 2023

Forecast period 2024-2033

Segments covered By Type, By Product, By Application, By End-User

Regions covered North America, Asia-Pacific, Latin America, Middle East & Africa and Europe

Companies Covered Bridgestone corporation, Continental Reifen Deutschland GMBH, Goodyear Tire and Rubber Co, JK Tyre and Industries ltd., Michelin, Pirelli and C. Spa, Sumitomo Rubber Industries ltd, Titan International Inc, Trelleborg AB, Others.

Global Heavy Duty Tire Market Segmentation:

By Type: Based on the Type, Global Heavy Duty Tire Market is segmented as; Construction, Machinery, Mining, Agricultural.

By Product: Based on the Product, Global Heavy Duty Tire Market is segmented as; Radial Tires, Bias Tires, Diagonal Tires.

By Application: Based on the Application, Global Heavy Duty Tire Market is segmented as; Mini Truck, Light Truck, Medium Sized Truck, Heavy Truck.

By Region: This research also includes data for North America, Asia-Pacific, Latin America, Middle East & Africa and Europe.

Table of Contents

1. Introduction

  • 1.1. Scope of the report
  • 1.2. Market segment analysis

2. Research Methodology

  • 2.1. Research data source
    • 2.1.1. Secondary Data
    • 2.1.2. Primary Data
    • 2.1.3. SPER's internal database
    • 2.1.4. Premium insight from KOL's
  • 2.2. Market size estimation
    • 2.2.1. Top-down and Bottom-up approach
  • 2.3. Data triangulation

3. Executive Summary

4. Market Dynamics

  • 4.1. Driver, Restraint, Opportunity and Challenges analysis
    • 4.1.1. Drivers
    • 4.1.2. Restraints
    • 4.1.3. Opportunities
    • 4.1.4. Challenges
  • 4.2. COVID-19 Impacts of the Global Heavy Duty Tire Market.

5. Market variable and outlook

  • 5.1. SWOT Analysis
    • 5.1.1. Strengths
    • 5.1.2. Weaknesses
    • 5.1.3. Opportunities
    • 5.1.4. Threats
  • 5.2. PESTEL Analysis
    • 5.2.1. Political Landscape
    • 5.2.2. Economic Landscape
    • 5.2.3. Social Landscape
    • 5.2.4. Technological Landscape
    • 5.2.5. Environmental Landscape
    • 5.2.6. Legal Landscape
  • 5.3. PORTER's Five Forces
    • 5.3.1. Bargaining power of suppliers
    • 5.3.2. Bargaining power of buyers
    • 5.3.3. Threat of Substitute
    • 5.3.4. Threat of new entrant
    • 5.3.5. Competitive rivalry
  • 5.4. Heat Map Analysis

6. Competitive Landscape

  • 6.1. Global Heavy Duty Tire Market Manufacturing Base Distribution, Sales Area, Product Type
  • 6.2. Mergers & Acquisitions, Partnerships, Product Launch, and Collaboration in Global Heavy Duty Tire Market

7. Global Heavy Duty Tire Market, By Type (USD Million) 2020-2033

  • 7.1. Global Heavy Duty Tire Market Size, Share and Forecast, By Type, 2020-2026
  • 7.2. Global Heavy Duty Tire Market Size, Share and Forecast, By Type, 2027-2033
  • 7.3. Construction
  • 7.4. Machinery
  • 7.5. Mining
  • 7.6. Agricultural

8. Global Heavy Duty Tire Market, By Product (USD Million) 2020-2033

  • 8.1. Global Heavy Duty Tire Market Size, Share and Forecast, By Product, 2020-2026
  • 8.2. Global Heavy Duty Tire Market Size, Share and Forecast, By Product, 2027-2033
  • 8.3. Radial Tires
  • 8.4. Bias Tires
  • 8.5. Diagonal Tires

9. Global Heavy Duty Tire Market, By Application (USD Million) 2020-2033

  • 9.1. Global Heavy Duty Tire Market Size, Share and Forecast, By Application, 2020-2026
  • 9.2. Global Heavy Duty Tire Marke Size, Share and Forecast, By Application, 2027-2033
  • 9.3. Mini Truck
  • 9.4. Light Truck
  • 9.5. Medium Sized Truck
  • 9.6. Heavy Truck

10. Global Heavy Duty Tire Market, By End-Users (USD Million) 2020-2033

  • 10.1. Global Heavy Duty Tire Market Size, Share and Forecast, By End-Users, 2020-2026
  • 10.2. Global Heavy Duty Tire Market Size, Share and Forecast, By End-Users, 2027-2033
  • 10.3. OEM
  • 10.4. Aftermarket

11. Global Heavy Duty Tire Market Forecast, 2020-2033 (USD Million)

  • 11.1. Global Heavy Duty Tire Market Size and Market Share

12. Global Heavy Duty Tire Market, By Region, 2020-2033 (USD Million)

  • 12.1. Global Heavy Duty Tire Market Size and Market Share By Region (2020-2026)
  • 12.2. Global Heavy Duty Tire Market Size and Market Share By Region (2027-2033)
  • 12.3. Asia-Pacific
    • 12.3.1. Australia
    • 12.3.2. China
    • 12.3.3. India
    • 12.3.4. Japan
    • 12.3.5. South Korea
    • 12.3.6. Rest of Asia-Pacific
  • 12.4. Europe
    • 12.4.1. France
    • 12.4.2. Germany
    • 12.4.3. Italy
    • 12.4.4. Spain
    • 12.4.5. United Kingdom
    • 12.4.6. Rest of Europe
  • 12.5. Middle East and Africa
    • 12.5.1. Kingdom of Saudi Arabia
    • 12.5.2. United Arab Emirates
    • 12.5.3. Qatar
    • 12.5.4. South Africa
    • 12.5.5. Egypt
    • 12.5.6. Morocco
    • 12.5.7. Nigeria
    • 12.5.8. Rest of Middle-East and Africa
  • 12.6. North America
    • 12.6.1. Canada
    • 12.6.2. Mexico
    • 12.6.3. United States
  • 12.7. Latin America
    • 12.7.1. Argentina
    • 12.7.2. Brazil
    • 12.7.3. Rest of Latin America

13. Company Profile

  • 13.1. BRIDGESTONE CORPORATION
    • 13.1.1. Company details
    • 13.1.2. Financial outlook
    • 13.1.3. Product summary
    • 13.1.4. Recent developments
  • 13.2. CONTINENTAL REIFEN DEUTSCHLAND GMBH
    • 13.2.1. Company details
    • 13.2.2. Financial outlook
    • 13.2.3. Product summary
    • 13.2.4. Recent developments
  • 13.3. GOODYEAR TIRE AND RUBBER CO
    • 13.3.1. Company details
    • 13.3.2. Financial outlook
    • 13.3.3. Product summary
    • 13.3.4. Recent developments
  • 13.4. JK TYRE AND INDUSTRIES LTD
    • 13.4.1. Company details
    • 13.4.2. Financial outlook
    • 13.4.3. Product summary
    • 13.4.4. Recent developments
  • 13.5. MICHELIN
    • 13.5.1. Company details
    • 13.5.2. Financial outlook
    • 13.5.3. Product summary
    • 13.5.4. Recent developments
  • 13.6. PIRELLI AND C. SPA
    • 13.6.1. Company details
    • 13.6.2. Financial outlook
    • 13.6.3. Product summary
    • 13.6.4. Recent developments
  • 13.7. SUMITOMO RUBBER INDUSTRIES LTD
    • 13.7.1. Company details
    • 13.7.2. Financial outlook
    • 13.7.3. Product summary
    • 13.7.4. Recent developments
  • 13.8. TITAN INTERNATIONAL INC
    • 13.8.1. Company details
    • 13.8.2. Financial outlook
    • 13.8.3. Product summary
    • 13.8.4. Recent developments
  • 13.9. TRELLEBORG AB
    • 13.9.1. Company details
    • 13.9.2. Financial outlook
    • 13.9.3. Product summary
    • 13.9.4. Recent developments
  • 13.10. Others

14. Conclusion

15. List of Abbreviations

16. Reference Links

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