Automotive Tire Market Size, Share, and Trends 2024 to 2034

The global automotive tire market size is estimated at USD 151.07 billion in 2025 and is anticipated to reach around USD 242.38 billion by 2034, expanding at a CAGR of 4.91% from 2025 to 2034. The Asia Pacific automotive tire market was valued at USD 61.94 billion in 2025 and is expanding at a CAGR of 5% during the forecast period. The market sizing and forecasts are revenue-based (USD Million/Billion), with 2024 as the base year.

  • Last Updated : January 2025
  • Report Code : 1031
  • Category : Automotive

Chapter 1. Introduction

1.1. Research Objective
1.2. Scope of the Study
1.3. Definition

Chapter 2. Research Methodology

2.1. Research Approach
2.2. Data Sources
2.3. Assumptions & Limitations

Chapter 3. Executive Summary

3.1. Market Snapshot

Chapter 4. Market Variables and Scope

4.1. Introduction
4.2. Market Classification and Scope
4.3. Industry Value Chain Analysis

5.1. Market Dynamics
5.1.1. Market Drivers
5.1.2. Market Restraints
5.1.3. Market Opportunities
5.2. Porter’s Five Forces Analysis
5.2.1. Bargaining power of suppliers
5.2.2. Bargaining power of buyers
5.2.3. Threat of substitute
5.2.4. Threat of new entrants
5.2.5. Degree of competition

Chapter 6. Competitive Landscape

6.1.1. Company Market Share/Positioning Analysis
6.1.2. Key Strategies Adopted by Players
6.1.3. Vendor Landscape
6.1.3.1. List of Suppliers
6.1.3.2. List of Buyers

Chapter 7. Global Automotive Tire Market, By Season Tire

7.1. Automotive Tire Market, by Season Tire Type, 2025-2034
7.1.1. Winter
7.1.1.1. Market Revenue and Forecast (2022-2034)
7.1.2. Summer
7.1.2.1. Market Revenue and Forecast (2022-2034)
7.1.3. All Season
7.1.3.1. Market Revenue and Forecast (2022-2034)

Chapter 8. Global Automotive Tire Market, By Rim Size

8.1. Automotive Tire Market, by Rim Size, 2025-2034
8.1.1. Less than 15
8.1.1.1. Market Revenue and Forecast (2022-2034)
8.1.2. Between 15 to 20
8.1.2.1. Market Revenue and Forecast (2022-2034)
8.1.3. Greater than 20
8.1.3.1. Market Revenue and Forecast (2022-2034)

Chapter 9. Global Automotive Tire Market, By Vehicle Type

9.1. Automotive Tire Market, by Vehicle Type, 2025-2034
9.1.1. Commercial Vehicle (Light Commercial, Heavy Commercial)
9.1.1.1. Market Revenue and Forecast (2022-2034)
9.1.2. Passenger Car
9.1.2.1. Market Revenue and Forecast (2022-2034)
9.1.3. Electric Vehicle
9.1.3.1. Market Revenue and Forecast (2022-2034)

Chapter 10. Global Automotive Tire Market, By Distribution Channel Type

10.1. Automotive Tire Market, by Distribution Channel Type, 2025-2034
10.1.1. Aftermarket
10.1.1.1. Market Revenue and Forecast (2022-2034)
10.1.2. OEM
10.1.2.1. Market Revenue and Forecast (2022-2034)

Chapter 11. Global Automotive Tire Market, Regional Estimates and Trend Forecast

11.1. North America
11.1.1. Market Revenue and Forecast, by Season Tire (2022-2034)
11.1.2. Market Revenue and Forecast, by Rim Size (2022-2034)
11.1.3. Market Revenue and Forecast, by Vehicle Type (2022-2034)
11.1.4. Market Revenue and Forecast, by Distribution Channel Type (2022-2034)
11.1.5. U.S.
11.1.5.1. Market Revenue and Forecast, by Season Tire (2022-2034)
11.1.5.2. Market Revenue and Forecast, by Rim Size (2022-2034)
11.1.5.3. Market Revenue and Forecast, by Vehicle Type (2022-2034)
11.1.5.4. Market Revenue and Forecast, by Distribution Channel Type (2022-2034)
11.1.6. Rest of North America
11.1.6.1. Market Revenue and Forecast, by Season Tire (2022-2034)
11.1.6.2. Market Revenue and Forecast, by Rim Size (2022-2034)
11.1.6.3. Market Revenue and Forecast, by Vehicle Type (2022-2034)
11.1.6.4. Market Revenue and Forecast, by Distribution Channel Type (2022-2034)
11.2. Europe
11.2.1. Market Revenue and Forecast, by Season Tire (2022-2034)
11.2.2. Market Revenue and Forecast, by Rim Size (2022-2034)
11.2.3. Market Revenue and Forecast, by Vehicle Type (2022-2034)
11.2.4. Market Revenue and Forecast, by Distribution Channel Type (2022-2034)
11.2.5. UK
11.2.5.1. Market Revenue and Forecast, by Season Tire (2022-2034)
11.2.5.2. Market Revenue and Forecast, by Rim Size (2022-2034)
11.2.5.3. Market Revenue and Forecast, by Vehicle Type (2022-2034)
11.2.5.4. Market Revenue and Forecast, by Distribution Channel Type (2022-2034)
11.2.6. Germany
11.2.6.1. Market Revenue and Forecast, by Season Tire (2022-2034)
11.2.6.2. Market Revenue and Forecast, by Rim Size (2022-2034)
11.2.6.3. Market Revenue and Forecast, by Vehicle Type (2022-2034)
11.2.6.4. Market Revenue and Forecast, by Distribution Channel Type (2022-2034)
11.2.7. France
11.2.7.1. Market Revenue and Forecast, by Season Tire (2022-2034)
11.2.7.2. Market Revenue and Forecast, by Rim Size (2022-2034)
11.2.7.3. Market Revenue and Forecast, by Vehicle Type (2022-2034)
11.2.7.4. Market Revenue and Forecast, by Distribution Channel Type (2022-2034)
11.2.8. Rest of Europe
11.2.8.1. Market Revenue and Forecast, by Season Tire (2022-2034)
11.2.8.2. Market Revenue and Forecast, by Rim Size (2022-2034)
11.2.8.3. Market Revenue and Forecast, by Vehicle Type (2022-2034)
11.2.8.4. Market Revenue and Forecast, by Distribution Channel Type (2022-2034)
11.3. APAC
11.3.1. Market Revenue and Forecast, by Season Tire (2022-2034)
11.3.2. Market Revenue and Forecast, by Rim Size (2022-2034)
11.3.3. Market Revenue and Forecast, by Vehicle Type (2022-2034)
11.3.4. Market Revenue and Forecast, by Distribution Channel Type (2022-2034)
11.3.5. India
11.3.5.1. Market Revenue and Forecast, by Season Tire (2022-2034)
11.3.5.2. Market Revenue and Forecast, by Rim Size (2022-2034)
11.3.5.3. Market Revenue and Forecast, by Vehicle Type (2022-2034)
11.3.5.4. Market Revenue and Forecast, by Distribution Channel Type (2022-2034)
11.3.6. China
11.3.6.1. Market Revenue and Forecast, by Season Tire (2022-2034)
11.3.6.2. Market Revenue and Forecast, by Rim Size (2022-2034)
11.3.6.3. Market Revenue and Forecast, by Vehicle Type (2022-2034)
11.3.6.4. Market Revenue and Forecast, by Distribution Channel Type (2022-2034)
11.3.7. Japan
11.3.7.1. Market Revenue and Forecast, by Season Tire (2022-2034)
11.3.7.2. Market Revenue and Forecast, by Rim Size (2022-2034)
11.3.7.3. Market Revenue and Forecast, by Vehicle Type (2022-2034)
11.3.7.4. Market Revenue and Forecast, by Distribution Channel Type (2022-2034)
11.3.8. Rest of APAC
11.3.8.1. Market Revenue and Forecast, by Season Tire (2022-2034)
11.3.8.2. Market Revenue and Forecast, by Rim Size (2022-2034)
11.3.8.3. Market Revenue and Forecast, by Vehicle Type (2022-2034)
11.3.8.4. Market Revenue and Forecast, by Distribution Channel Type (2022-2034)
11.4. MEA
11.4.1. Market Revenue and Forecast, by Season Tire (2022-2034)
11.4.2. Market Revenue and Forecast, by Rim Size (2022-2034)
11.4.3. Market Revenue and Forecast, by Vehicle Type (2022-2034)
11.4.4. Market Revenue and Forecast, by Distribution Channel Type (2022-2034)
11.4.5. GCC
11.4.5.1. Market Revenue and Forecast, by Season Tire (2022-2034)
11.4.5.2. Market Revenue and Forecast, by Rim Size (2022-2034)
11.4.5.3. Market Revenue and Forecast, by Vehicle Type (2022-2034)
11.4.5.4. Market Revenue and Forecast, by Distribution Channel Type (2022-2034)
11.4.6. North Africa
11.4.6.1. Market Revenue and Forecast, by Season Tire (2022-2034)
11.4.6.2. Market Revenue and Forecast, by Rim Size (2022-2034)
11.4.6.3. Market Revenue and Forecast, by Vehicle Type (2022-2034)
11.4.6.4. Market Revenue and Forecast, by Distribution Channel Type (2022-2034)
11.4.7. South Africa
11.4.7.1. Market Revenue and Forecast, by Season Tire (2022-2034)
11.4.7.2. Market Revenue and Forecast, by Rim Size (2022-2034)
11.4.7.3. Market Revenue and Forecast, by Vehicle Type (2022-2034)
11.4.7.4. Market Revenue and Forecast, by Distribution Channel Type (2022-2034)
11.4.8. Rest of MEA
11.4.8.1. Market Revenue and Forecast, by Season Tire (2022-2034)
11.4.8.2. Market Revenue and Forecast, by Rim Size (2022-2034)
11.4.8.3. Market Revenue and Forecast, by Vehicle Type (2022-2034)
11.4.8.4. Market Revenue and Forecast, by Distribution Channel Type (2022-2034)
11.5. Latin America
11.5.1. Market Revenue and Forecast, by Season Tire (2022-2034)
11.5.2. Market Revenue and Forecast, by Rim Size (2022-2034)
11.5.3. Market Revenue and Forecast, by Vehicle Type (2022-2034)
11.5.4. Market Revenue and Forecast, by Distribution Channel Type (2022-2034)
11.5.5. Brazil
11.5.5.1. Market Revenue and Forecast, by Season Tire (2022-2034)
11.5.5.2. Market Revenue and Forecast, by Rim Size (2022-2034)
11.5.5.3. Market Revenue and Forecast, by Vehicle Type (2022-2034)
11.5.5.4. Market Revenue and Forecast, by Distribution Channel Type (2022-2034)
11.5.6. Rest of LATAM
11.5.6.1. Market Revenue and Forecast, by Season Tire (2022-2034)
11.5.6.2. Market Revenue and Forecast, by Rim Size (2022-2034)
11.5.6.3. Market Revenue and Forecast, by Vehicle Type (2022-2034)
11.5.6.4. Market Revenue and Forecast, by Distribution Channel Type (2022-2034)

Chapter 12. Company Profiles

12.1. Continental AG
12.1.1. Company Overview
12.1.2. Product Offerings
12.1.3. Financial Performance
12.1.4. Recent Initiatives
12.2. Bridgestone Corporation
12.2.1. Company Overview
12.2.2. Product Offerings
12.2.3. Financial Performance
12.2.4. Recent Initiatives
12.3. Pirelli Tyre C. S.p.A. (China National Chemical Corporation)
12.3.1. Company Overview
12.3.2. Product Offerings
12.3.3. Financial Performance
12.3.4. Recent Initiatives
12.4. MICHELIN
12.4.1. Company Overview
12.4.2. Product Offerings
12.4.3. Financial Performance
12.4.4. Recent Initiatives
12.5. Toyo Tire Corporation
12.5.1. Company Overview
12.5.2. Product Offerings
12.5.3. Financial Performance
12.5.4. Recent Initiatives
12.6. Hankook Tire & Technology Co., Ltd.
12.6.1. Company Overview
12.6.2. Product Offerings
12.6.3. Financial Performance
12.6.4. Recent Initiatives
12.7. The Goodyear Tire & Rubber Company
12.7.1. Company Overview
12.7.2. Product Offerings
12.7.3. Financial Performance
12.7.4. Recent Initiatives
12.8. The Yokohama Rubber Co., Ltd
12.8.1. Company Overview
12.8.2. Product Offerings
12.8.3. Financial Performance
12.8.4. Recent Initiatives
12.9. Sumitomo Rubber Industries Ltd
12.9.1. Company Overview
12.9.2. Product Offerings
12.9.3. Financial Performance
12.9.4. Recent Initiatives
12.10. Nokian Tyres plc
12.10.1. Company Overview
12.10.2. Product Offerings
12.10.3. Financial Performance
12.10.4. Recent Initiatives

Chapter 13. Research Methodology

13.1. Primary Research
13.2. Secondary Research
13.3. Assumptions

Chapter 14. Appendix

14.1. About Us
14.2. Glossary of Terms

For questions or customization requests, please reach out to us at sales@precedenceresearch.com

Frequently Asked Questions

According to Precedence Research, the global automotive tire market size is expected to be worth around USD 232.38 billion by 2034.

The global automotive tire market is growing at a noteworthy CAGR of 4.91% over the forecast period 2025 to 2034.

Automotive tires are the most important part of any vehicle, made up of rubber and used to cover the rim of the wheel externally. Its prime function is to protect the rim and provide tractive force between vehicle and road surface.

Increasing sale of passenger vehicles across the globe propel the market growth of automotive tire. In addition, ever-increasing global population along with rising disposable income of the public triggers the market growth.

The Asia Pacific held significant value share of nearly 41% in the year 2024 and promises an opportunistic growth over the forecast period.

Europe garnered a growth rate of nearly 6.5% during the forecast period.

Some of the key players operating in the automotive tire market are Continental corporation, Bridgestone Corporation, Pirelli Tyre C. S.p.A. (China National Chemical Corporation), MICHELIN, Toyo Tire Corporation, Hankook Tire & Technology Co., Ltd., The Goodyear Tire & Rubber Company, The Yokohama Rubber Co., Ltd, Sumitomo Rubber Industries Ltd, and NokianTyres plc. among others.

Passenger vehicle segment dominated the global automotive tire market in 2024 with prominent revenue share of nearly 47%.

Ask For Sample

No cookie-cutter, only authentic analysis – take the 1st step to become a Precedence Research client