Who are the key players in Global Tyres industry?

The top five players in the global tyres industry are Bridgestone Corporation, Michelin, Goodyear Tire & Rubber Company, Continental AG, and Pirelli & C. S.p.A. These companies hold significant market shares, boasting strong R&D capabilities, extensive distribution networks, and continuous investments in technological innovations and sustainability initiatives.

What is the Global Tyres growth?

The global tyres market has experienced steady growth, driven by surging automotive production and vehicle parc expansion. In 2023, Michelin reported impressive sales growth due to rising demand for premium and specialty tyres, along with growth in electric and hybrid vehicle segments across Asia-Pacific and North America.

Which segment accounted for the largest Global Tyres share?

The passenger vehicle tyre segment holds the largest share in the global tyres market. This dominance results from higher vehicle ownership, urbanization, and increasing sales of passenger cars globally, particularly in emerging economies such as India and China. Replacement tyre demand also significantly contributes to this segment’s growth.

What are the factors driving the Global Tyres?

Key drivers include rising automotive production, especially in electric vehicles, growing urbanization, and the need for fuel-efficient tyres. Continental AG has invested heavily in eco-friendly and smart tyres, addressing consumer demand for environmental sustainability and connected mobility solutions, thereby boosting overall industry growth.

Which type accounted for the largest Global Tyres share?

Radial tyres account for the largest share of the global tyres market. Their widespread adoption is attributed to superior performance, longer life, better fuel efficiency, and improved safety features over bias tyres, making them the preferred choice in automotive and commercial vehicle applications worldwide.

Global Tyres Manufacturing Plant Project Report - Pre-Feasibility, Cost & ROI Analysis

Global Tyres Plant Report, Pre-Feasibility, Production Cost Structure, Expenditure Report, Return on Investment (ROI), Economic Feasibility, Capex, OPEX, Machinery, Material Cost, Top Installation Services Providers Analysis

Last Updated: 30-06-2026 | Format: PDF | Report ID:22059 | Author: Ankit

Procurement Report

Global Tyres Procurement Resource Report

Plant ReportPre-FeasibilityProduction Cost StructureExpenditure ReportReturn on Investment (ROI)Economic FeasibilityCapexOPEXMachineryMaterial CostTop Installation Services Providers Analysis

1. Global Tyres Plant Market Revenue (USD Million), (2020-2035)

1.1. Global Tyres Plant By Regions/Countries

1.1.1. North America

1.1.2. Europe

1.1.3. Asia-Pacific

1.1.4. South America

1.1.5. Middle East & Africa

3. Global Tyres Plant Installation Cost Structure

3.1. Total Global Tyres Plant Capital Investment (Capacity)

3.2. Global Tyres Plant Working Capital By Country

3.3. Global Tyres Plant Land Cost By Country

3.4. Global Tyres Plant Civil Work Cost By Country

3.5. Global Tyres Plant Machinery Cost By Country

3.6. Global Tyres Plant Auxiliary Equipment Cost By Country

3.7. Global Tyres Plant Services Charges By Country

4. Global Tyres Plant Variable Costs Structure

4.1. Global Tyres Plant Raw Materials

4.1.1. Global Tyres Plant Raw Material Specifications

4.1.2. Global Tyres Plant Raw Material Consumptions

4.1.3. Global Tyres Plant Raw Material Costs

4.2. Global Tyres Plant Utilities Consumption Costs

4.3. Global Tyres Plant Co-Products Cost Credit

4.4. Global Tyres Plant Labor Requirements and Costs

5. Global Tyres Plant Fixed Cost Structure

5.1. Global Tyres Plant Repair & Maintenance Cost

5.2. Global Tyres Plant Overheads Cost

5.3. Global Tyres Plant Insurance Cost

5.4. Global Tyres Plant Depreciation Chargers

6. Top 5 Plant Installation Service Providers Comparative Analysis

6.1. Global Tyres Plant Consulting Charges

6.2. Global Tyres Plant Civil Services Charges

6.3. Global Tyres Plant Installation Charges

6.4. Other Charges

About the Author

Ankit

Senior Research Consultant

Ankit is a Senior Research Consultant specializing in market research, industry analysis, and business consulting across Automotive & Transportation. Ankit brings a commercially grounded perspective to sectors shaped by changing demand, innovation, and competitive dynamics, helping turn complex market trends into clear strategic insights for business decision-makers. With 10+ years of experience across research, analytics, and strategic advisory roles, Ankit has helped organizations translate data into actionable growth strategies.

Automotive & TransportationMarket ResearchIndustry AnalysisStrategic Consulting

Key Questions Answered

»What is the market size and growth rate of the global and regional market by various segments?
»What is the market size and growth rate of the market for selective countries?
»Which region or sub-segment is expected to drive the market in the forecast period?
»What factors are estimated to drive and restrain the market growth?
»What are the key technological and market trends shaping the market?
»What are the key opportunities in the market?
»What are the key companies operating in the market?
»Which company accounted for the highest market share?

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Study period:

2020-2035

Base year:

2026

Historical data

2020-2024

NO OF PAGE:

167

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