Radial heavy-duty tires are specialized tires designed to withstand the demands of heavy loads, challenging terrains, and rugged conditions. These tires are commonly used in industries such as construction, mining, agriculture, and forestry, where vehicles and equipment operate under extreme conditions.
The global market for Radial Heavy-Duty Tires was estimated to be worth US$ 1975.2 million in 2023 and is forecast to a readjusted size of US$ 2576.1 million by 2030 with a CAGR of 4.2% during the forecast period 2024-2030
In 2022, global tire sales reached 1.749 billion units, of which the three major markets of Europe, North America and China will collectively sell 1.14 billion units, accounting for 65% of the total. China is the world's largest tire producer and exporter. Among the top 75 tire companies in 2022 released by Tire Business, 34 are Chinese companies (including 5 from Taiwan), with a total sale of approximately US$ 34.5 billion, accounting for approximately 19.42% of the total global sales. According to data from the National Bureau of Statistics, by the end of December 2022, the output of rubber tire casings in China was about 856 million. According to the data of the General Administration of Customs, in 2022, the cumulative export volume of rubber tires in China was 7.65 million tons, a year-on-year increase of 4.7%; the export value was ¥131.418 billion, an increase of 16%; the trade surplus was 103.709 billion yuan, an increase of ¥15.89 billion.
QYResearch (Global Market Report Research Publisher) announces the release of 2024 latest report “Radial Heavy-Duty Tires - Global Market Share and Ranking, Overall Sales and Demand Forecast 2024-2030”. Based on current situation and impact historical analysis (2019-2023) and forecast calculations (2024-2030), this report provides a comprehensive analysis of the global Radial Heavy-Duty Tires market, including market size, share, demand, industry development status, and forecasts for the next few years.
This report will help you generate, evaluate and implement strategic decisions as it provides the necessary information on technology-strategy mapping and emerging trends. The report's analysis of the restraints in the market is crucial for strategic planning as it helps stakeholders understand the challenges that could hinder growth. This information will enable stakeholders to devise effective strategies to overcome these challenges and capitalize on the opportunities presented by the growing market. Furthermore, the report incorporates the opinions of market experts to provide valuable insights into the market's dynamics. This information will help stakeholders gain a better understanding of the market and make informed decisions.
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This Radial Heavy-Duty Tires Market Research/Analysis Report includes the following points:
- How much is the global Radial Heavy-Duty Tiresmarket worth? What was the value of the market In 2020?
- Would the market witness an increase or decline in the demand in the coming years?
- What is the estimated demand for different typesand upcoming industry applications of products in Radial Heavy-Duty Tires?
- What are Projections of Global Radial Heavy-Duty TiresIndustry Considering Capacity, Production and Production Value? What Will Be the Estimation of Cost and Profit?
- What Will Be Market Share, Supply,Consumption and Import and Export of Radial Heavy-Duty Tires?
- What Should Be Entry Strategies, Countermeasures to Economic Impact, and Marketing Channels for Radial Heavy-Duty TiresIndustry?
- Where will the strategic developments take the industry in the mid to long-term?
- What are the factors contributing to the final price of Radial Heavy-Duty Tires? What are the raw materials used for Radial Heavy-Duty Tiresmanufacturing?
- Who are the major Manufacturersin the Radial Heavy-Duty Tires market? Which companies are the front runners?
- Which are the recent industry trends that can be implemented to generate additional revenue streams?
The report provides a detailed analysis of the market size, growth potential, and key trends for each segment. Through detailed analysis, industry players can identify profit opportunities, develop strategies for specific customer segments, and allocate resources effectively.
The Radial Heavy-Duty Tires market is segmented as below:
By Company
Michelin
Bridgestone
Goodyear
Titan
Yokohama Tire
Continental
CHEMCHINA
Alliance Tire Group
BKT
Guizhou Tire
Linglong Tire
Apollo
Segment by Type
Rim Diameter Below 29 Inch
29 Inch Above Rim DiameterBelow 39 Inch
39 Inch Above Rim DiameterBelow 49 Inch
Rim Diameter Above 49 Inch
Segment by Application
Heavy Duty Truck Tires
OTR Tires
Agricultural Tires
This information will help stakeholders make informed decisions and develop effective strategies for growth. The report's analysis of the restraints in the market is crucial for strategic planning as it helps stakeholders understand the challenges that could hinder growth. This information will enable stakeholders to devise effective strategies to overcome these challenges and capitalize on the opportunities presented by the growing market. Furthermore, the report incorporates the opinions of market experts to provide valuable insights into the market's dynamics. This information will help stakeholders gain a better understanding of the market and make informed decisions.
Each chapter of the report provides detailed information for readers to further understand the Radial Heavy-Duty Tires market:
Chapter One: Introduces the study scope of this report, executive summary of market segment by type, market size segments for North America, Europe, Asia Pacific, Latin America, Middle East & Africa.
Chapter Two: Detailed analysis of Radial Heavy-Duty Tires manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of Radial Heavy-Duty Tires 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, Latin America, Middle East & Africa.
Chapter Five, Six, Seven, Eight and Nine: North America, Europe, Asia Pacific, Latin 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.
Table of Contents
1 Radial Heavy-Duty Tires Market Overview
1.1 Radial Heavy-Duty Tires Product Overview
1.2 Radial Heavy-Duty Tires Market by Type
1.3 Global Radial Heavy-Duty Tires Market Size by Type
1.3.1 Global Radial Heavy-Duty Tires Market Size Overview by Type (2019-2030)
1.3.2 Global Radial Heavy-Duty Tires Historic Market Size Review by Type (2019-2024)
1.3.3 Global Radial Heavy-Duty Tires Forecasted Market Size by Type (2025-2030)
1.4 Key Regions Market Size by Type
1.4.1 North America Radial Heavy-Duty Tires Sales Breakdown by Type (2019-2024)
1.4.2 Europe Radial Heavy-Duty Tires Sales Breakdown by Type (2019-2024)
1.4.3 Asia-Pacific Radial Heavy-Duty Tires Sales Breakdown by Type (2019-2024)
1.4.4 Latin America Radial Heavy-Duty Tires Sales Breakdown by Type (2019-2024)
1.4.5 Middle East and Africa Radial Heavy-Duty Tires Sales Breakdown by Type (2019-2024)
2 Radial Heavy-Duty Tires Market Competition by Company
2.1 Global Top Players by Radial Heavy-Duty Tires Sales (2019-2024)
2.2 Global Top Players by Radial Heavy-Duty Tires Revenue (2019-2024)
2.3 Global Top Players by Radial Heavy-Duty Tires Price (2019-2024)
2.4 Global Top Manufacturers Radial Heavy-Duty Tires Manufacturing Base Distribution, Sales Area, Product Type
2.5 Radial Heavy-Duty Tires Market Competitive Situation and Trends
2.5.1 Radial Heavy-Duty Tires Market Concentration Rate (2019-2024)
2.5.2 Global 5 and 10 Largest Manufacturers by Radial Heavy-Duty Tires Sales and Revenue in 2023
2.6 Global Top Manufacturers by Company Type (Tier 1, Tier 2, and Tier 3) & (based on the Revenue in Radial Heavy-Duty Tires as of 2023)
2.7 Date of Key Manufacturers Enter into Radial Heavy-Duty Tires Market
2.8 Key Manufacturers Radial Heavy-Duty Tires Product Offered
2.9 Mergers & Acquisitions, Expansion
...
Overall, this report strives to provide you with the insights and information you need to make informed business decisions and stay ahead of the competition.
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