Tyres - Passenger Car

Overview

Market size

$130.0B

global, USD

CAGR

3.2%

base to forecast

Buyer power

-2.6

supplier-favoured

Suppliers

tracked players

Signals

6 high severity

Market outlook

2031$152.2B

Asia Pacific demand42%

Europe demand24%

North America demand22%

Rest of world demand12%

share of global demandtotal 100%

Natural and synthetic rubber feedstocks35%

Reinforcing materials and chemicals like carbon black, silica, and steel cord25%

Manufacturing energy and utility consumption15%

Direct manufacturing labor13%

Inbound and outbound logistics and distribution12%

share of delivered cost (analyst estimate)

5 tracked