Bias Tire Market Size, Share & Analysis Report, 2021-2027
The global Bias Tire market gathered revenue around USD 8.62 Billion by the end of 2027 and is estimated to expand at a modest CAGR of 3.45% during the prediction period 2021 to 2027.
Growth Factors:
Rise in sale of passenger and commercial vehicles across the globe is likely to propel the bias tire market across the globe. In addition, increase in small- and medium-scale industries across the globe is expected to boost manufacturing industries, which, in turn, is projected to fuel the bias tire market across the globe. The rate of adoption of agriculture tractors and equipment has increased globally. The surge in the affordability of tractors and income of farmers are driving the demand for bias tires for agriculture tractors, which is anticipated to boost the bias tire market across the globe.
This research report purposes at stressing the most lucrative growth prospects. The aim of the research report is to provide an inclusive valuation of the Bias Tire market and it encompasses thoughtful visions, actualities, industry-validated market findings, historic data, and prognoses by means of appropriate set of assumptions and practice. Global Bias Tire market report aids in comprehending market structure and dynamics by recognizing and scrutinizing the market sectors and predicted the global market outlook.
Report Coverage
| Report Scope | Details |
| Market Size | USD 8.62 Billion by 2027 |
| Growth Rate | CAGR of 3.45% From 2021 to 2027 |
| Base Year | 2020 |
| Forecast Period | 2021 to 2027 |
| Historic Data | 2017 to 2020 |
| Report coverage | Growth Factors, Revenue Status, Competitive Landscape, and Future Trends |
| Segments Covered | Type, Vehicle Type,Tire Size, Sales Channel And Region |
| Regional Scope | North America, Europe, Asia Pacific, Latin America, Middle East & Africa (MEA) |
| Companies Mentioned | Bridgestone Corporation, MICHELIN, The Goodyear Tire & Rubber Company, Continental AG, Cooper Tire & Rubber Company, YOKOHAMA Rubber CO. Ltd., Pirelli & C S.p.A., JK Tire & Industries Ltd, Sumitomo Tires, Giti Tires, Hankook Tire & Technology Co. Ltd., KUMHO Tire, Apollo Tyres Ltd., Nokian Tyres, Toyo Tires, ZC Rubber, and BKT Tire. |
COVID-19 Impact Assessment on Market Landscape
The report comprises the scrutiny of COVID-19 lock-down impact on the income of market leaders, disrupters and followers. Since lock down was instigated differently in diverse regions and nations, influence of same is also dissimilar across various industry verticals. The research report offers present short-term and long-term influence on the market to assist market participants across value chain makers to formulate the framework for short term and long-lasting tactics for recovery and by region.
Bias Tire market Report empowers readers with all-inclusive market intelligence and offers a granular outline of the market they are operational in. Further this research study delivers exceptional combination of tangible perceptions and qualitative scrutiny to aid companies accomplishes sustainable growth. This report employs industry-leading research practices and tools to assemble all-inclusive market studies, intermingled with pertinent data. Additionally, this report also emphases on the competitive examination of crucial players by analyzing their product portfolio, pricing, gross margins, financial position, growth approaches, and regional occurrence.
Segmentation of Bias Tire Market analysis:
The global bias tire market has been segmented based on type, vehicle type, tire size, sales channel, and region
Based on type, the bias belted tire segment dominated the global bias tire market. Bias belted tires provide smoother ride on rough surfaces compared to general bias tires. Additionally, bias belted tires are less expensive compared to other types of tires. Followed by the bias belted segment, the general bias tire segment is also estimated to hold a major share, in terms of revenue, during the forecast period.
In terms of vehicle type, the agriculture tractor segment held a major share of the global bias tire market. Rise in demand for agriculture tractors across the globe is likely to increase the demand for bias tires, as they possess high load carrying capacity, which in turn is likely to propel the bias tire market across the globe.
Regional Analysis:
In terms of region, the global bias tire market has been segregated into North America, Europe, Asia Pacific, Middle East & Africa, and Latin America. Asia Pacific dominated the global bias tire market in 2020. It is anticipated to hold a leading market share during the forecast period, due to rise in automotive industry across the globe. North America is also anticipated to hold a significant share, in terms of revenue, of the global market during the forecast period.
Competitive Rivalry
Foremost players in the market are attentive on adopting corporation strategies to enhance their market share. Some of the prominent tactics undertaken by leading market participants in order to sustain the fierce market completion include collaborations, acquisitions, substantial spending in R&D and the improvement of new-fangled products or reforms among others.
Major manufacturers & their revenues, percentage splits, market shares, growth rates and breakdowns of the product markets are determined through secondary sources and verified through the primary sources.
Some of the prominent players in the Bias Tire Market include: Bridgestone Corporation, MICHELIN, The Goodyear Tire & Rubber Company, Continental AG, Cooper Tire & Rubber Company, YOKOHAMA Rubber CO. Ltd., Pirelli & C S.p.A., JK Tire & Industries Ltd, Sumitomo Tires, Giti Tires, Hankook Tire & Technology Co. Ltd., KUMHO Tire, Apollo Tyres Ltd., Nokian Tyres, Toyo Tires, ZC Rubber, and BKT Tire.
Unravelling the Critical Segments
This research report offers market revenue, sales volume, production assessment and prognoses by classifying it on the basis of various aspects including product type, application/end-user, and region. Further, this research study investigates market size, production, consumption and its development trends at global, regional, and country level for period 2017 to 2027 and covers subsequent region in its scope:
Market: Segmentation
By Geography
North America
Europe
Asia Pacific
Latin America
Middle East & Africa (MEA)
Highlights of the Report:
Research Methodology
In the study, a unique research methodology is utilized to conduct extensive research on the growth of the Bias Tire market, and reach conclusions on the future growth parameters of the market. This research methodology is a combination of primary and secondary research, which helps analysts ensure the accuracy and reliability of the conclusions.
Secondary resources referred to by analysts during the production of the Bias Tire market study are as follows - statistics from government organizations, trade journals, white papers, and internal and external proprietary databases. Analysts have also interviewed senior managers, product portfolio managers, CEOs, VPs, marketing/product managers, and market intelligence managers, all of whom have contributed to the development of this report as a primary resource.
Comprehensive information acquired from primary and secondary resources acts as a validation from companies in the market, and makes the projections on the growth prospects of the Bias Tire markets more accurate and reliable.
Secondary Research
It involves company databases such as Hoover's: This assists us recognize financial information, structure of the market participants and industry competitive landscape.
The secondary research sources referred in the process are as follows:
Primary Research
Primary research includes face-to face interviews, online surveys, and telephonic interviews.
Industry participants involved in this research study include:
Key Points Covered in Bias Tire market Study:
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
4.3.1. Raw Material Procurement Analysis
4.3.2. Sales and Distribution Channel Analysis
4.3.3. Downstream Buyer Analysis
Chapter 5. Market Dynamics Analysis and Trends
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 Bias Tire Market, By Type
7.1. Bias Tire Market, by Type, 2021-2027
7.1.1. General Bias Tire
7.1.1.1. Market Revenue and Forecast (2016-2027)
7.1.2. Bias Belted Tire
7.1.2.1. Market Revenue and Forecast (2016-2027)
Chapter 8. Global Bias Tire Market, By Vehicle Type
8.1. Bias Tire Market, by Vehicle Type, 2021-2027
8.1.1. Passenger Vehicle
8.1.1.1. Market Revenue and Forecast (2016-2027)
8.1.2. Light Commercial Vehicle
8.1.2.1. Market Revenue and Forecast (2016-2027)
8.1.3. Heavy Commercial Vehicle
8.1.3.1. Market Revenue and Forecast (2016-2027)
8.1.4. Construction & Mining Vehicle
8.1.4.1. Market Revenue and Forecast (2016-2027)
8.1.5. Agriculture Tractor
8.1.5.1. Market Revenue and Forecast (2016-2027)
8.1.6. Industrial Vehicle
8.1.6.1. Market Revenue and Forecast (2016-2027)
Chapter 9. Global Bias Tire Market, By Tire Size
9.1. Bias Tire Market, by Tire Size, 2021-2027
9.1.1. 20-22”
9.1.1.1. Market Revenue and Forecast (2016-2027)
9.1.2. 23-50”
9.1.2.1. Market Revenue and Forecast (2016-2027)
9.1.3. >50”
9.1.3.1. Market Revenue and Forecast (2016-2027)
Chapter 10.Global Bias Tire Market, By Sales Channel
10.1. Bias Tire Market, By Sales Channel, 2021-2027
10.1.1. OEM
10.1.1.1. Market Revenue and Forecast (2016-2027)
10.1.2. Aftermarket
10.1.2.1. Market Revenue and Forecast (2016-2027)
Chapter 11.Global Bias Tire Market, Regional Estimates and Trend Forecast
11.1. North America
11.1.1. Market Revenue and Forecast, by Type (2016-2027)
11.1.2. Market Revenue and Forecast, by Vehicle Type (2016-2027)
11.1.3. Market Revenue and Forecast, by Tire Size (2016-2027)
11.1.4. Market Revenue and Forecast, By Sales Channel (2016-2027)
11.1.5. U.S.
11.1.5.1. Market Revenue and Forecast, by Type (2016-2027)
11.1.5.2. Market Revenue and Forecast, by Vehicle Type (2016-2027)
11.1.5.3. Market Revenue and Forecast, by Tire Size (2016-2027)
11.1.5.4. Market Revenue and Forecast, By Sales Channel (2016-2027)
11.1.6. Rest of North America
11.1.6.1. Market Revenue and Forecast, by Type (2016-2027)
11.1.6.2. Market Revenue and Forecast, by Vehicle Type (2016-2027)
11.1.6.3. Market Revenue and Forecast, by Tire Size (2016-2027)
11.1.6.4. Market Revenue and Forecast, By Sales Channel (2016-2027)
11.2. Europe
11.2.1. Market Revenue and Forecast, by Type (2016-2027)
11.2.2. Market Revenue and Forecast, by Vehicle Type (2016-2027)
11.2.3. Market Revenue and Forecast, by Tire Size (2016-2027)
11.2.4. Market Revenue and Forecast, By Sales Channel (2016-2027)
11.2.5. UK
11.2.5.1. Market Revenue and Forecast, by Type (2016-2027)
11.2.5.2. Market Revenue and Forecast, by Vehicle Type (2016-2027)
11.2.5.3. Market Revenue and Forecast, by Tire Size (2016-2027)
11.2.5.4. Market Revenue and Forecast, By Sales Channel (2016-2027)
11.2.6. Germany
11.2.6.1. Market Revenue and Forecast, by Type(2016-2027)
11.2.6.2. Market Revenue and Forecast, by Vehicle Type (2016-2027)
11.2.6.3. Market Revenue and Forecast, by Tire Size (2016-2027)
11.2.6.4. Market Revenue and Forecast, By Sales Channel (2016-2027)
11.2.7. France
11.2.7.1. Market Revenue and Forecast, by Type (2016-2027)
11.2.7.2. Market Revenue and Forecast, by Vehicle Type (2016-2027)
11.2.7.3. Market Revenue and Forecast, by Tire Size (2016-2027)
11.2.7.4. Market Revenue and Forecast, By Sales Channel (2016-2027)
11.2.8. Rest of Europe
11.2.8.1. Market Revenue and Forecast, by Type (2016-2027)
11.2.8.2. Market Revenue and Forecast, by Vehicle Type (2016-2027)
11.2.8.3. Market Revenue and Forecast, by Tire Size (2016-2027)
11.2.8.4. Market Revenue and Forecast, By Sales Channel (2016-2027)
11.3. APAC
11.3.1. Market Revenue and Forecast, by Type (2016-2027)
11.3.2. Market Revenue and Forecast, by Vehicle Type (2016-2027)
11.3.3. Market Revenue and Forecast, by Tire Size (2016-2027)
11.3.4. Market Revenue and Forecast, By Sales Channel (2016-2027)
11.3.5. India
11.3.5.1. Market Revenue and Forecast, by Type (2016-2027)
11.3.5.2. Market Revenue and Forecast, by Vehicle Type (2016-2027)
11.3.5.3. Market Revenue and Forecast, by Tire Size (2016-2027)
11.3.5.4. Market Revenue and Forecast, By Sales Channel (2016-2027)
11.3.6. China
11.3.6.1. Market Revenue and Forecast, by Type (2016-2027)
11.3.6.2. Market Revenue and Forecast, by Vehicle Type (2016-2027)
11.3.6.3. Market Revenue and Forecast, by Tire Size (2016-2027)
11.3.6.4. Market Revenue and Forecast, By Sales Channel (2016-2027)
11.3.7. Japan
11.3.7.1. Market Revenue and Forecast, by Type (2016-2027)
11.3.7.2. Market Revenue and Forecast, by Vehicle Type (2016-2027)
11.3.7.3. Market Revenue and Forecast, by Tire Size (2016-2027)
11.3.7.4. Market Revenue and Forecast, By Sales Channel (2016-2027)
11.3.8. Rest of APAC
11.3.8.1. Market Revenue and Forecast, by Type (2016-2027)
11.3.8.2. Market Revenue and Forecast, by Vehicle Type (2016-2027)
11.3.8.3. Market Revenue and Forecast, by Tire Size (2016-2027)
11.3.8.4. Market Revenue and Forecast, By Sales Channel (2016-2027)
11.4. MEA
11.4.1. Market Revenue and Forecast, by Type (2016-2027)
11.4.2. Market Revenue and Forecast, by Vehicle Type (2016-2027)
11.4.3. Market Revenue and Forecast, by Tire Size (2016-2027)
11.4.4. Market Revenue and Forecast, By Sales Channel (2016-2027)
11.4.5. GCC
11.4.5.1. Market Revenue and Forecast, by Type (2016-2027)
11.4.5.2. Market Revenue and Forecast, by Vehicle Type (2016-2027)
11.4.5.3. Market Revenue and Forecast, by Tire Size (2016-2027)
11.4.5.4. Market Revenue and Forecast, By Sales Channel (2016-2027)
11.4.6. North Africa
11.4.6.1. Market Revenue and Forecast, by Type (2016-2027)
11.4.6.2. Market Revenue and Forecast, by Vehicle Type (2016-2027)
11.4.6.3. Market Revenue and Forecast, by Tire Size (2016-2027)
11.4.6.4. Market Revenue and Forecast, By Sales Channel (2016-2027)
11.4.7. South Africa
11.4.7.1. Market Revenue and Forecast, by Type (2016-2027)
11.4.7.2. Market Revenue and Forecast, by Vehicle Type (2016-2027)
11.4.7.3. Market Revenue and Forecast, by Tire Size (2016-2027)
11.4.7.4. Market Revenue and Forecast, By Sales Channel (2016-2027)
11.4.8. Rest of MEA
11.4.8.1. Market Revenue and Forecast, by Type (2016-2027)
11.4.8.2. Market Revenue and Forecast, by Vehicle Type (2016-2027)
11.4.8.3. Market Revenue and Forecast, by Tire Size (2016-2027)
11.4.8.4. Market Revenue and Forecast, By Sales Channel (2016-2027)
11.5. Latin America
11.5.1. Market Revenue and Forecast, by Type (2016-2027)
11.5.2. Market Revenue and Forecast, by Vehicle Type (2016-2027)
11.5.3. Market Revenue and Forecast, by Tire Size (2016-2027)
11.5.4. Market Revenue and Forecast, By Sales Channel (2016-2027)
11.5.5. Brazil
11.5.5.1. Market Revenue and Forecast, by Type (2016-2027)
11.5.5.2. Market Revenue and Forecast, by Vehicle Type (2016-2027)
11.5.5.3. Market Revenue and Forecast, by Tire Size (2016-2027)
11.5.5.4. Market Revenue and Forecast, By Sales Channel (2016-2027)
11.5.6. Rest of LATAM
11.5.6.1. Market Revenue and Forecast, by Type (2016-2027)
11.5.6.2. Market Revenue and Forecast, by Vehicle Type (2016-2027)
11.5.6.3. Market Revenue and Forecast, by Tire Size (2016-2027)
11.5.6.4. Market Revenue and Forecast, By Sales Channel (2016-2027)
Chapter 12. Company Profiles
12.1. Bridgestone Corporation
12.1.1. Company Overview
12.1.2. Product Offerings
12.1.3. Financial Performance
12.1.4. Recent Initiatives
12.2. MICHELIN, The Goodyear Tire & Rubber Company
12.2.1. Company Overview
12.2.2. Product Offerings
12.2.3. Financial Performance
12.2.4. Recent Initiatives
12.3. Continental AG
12.3.1. Company Overview
12.3.2. Product Offerings
12.3.3. Financial Performance
12.3.4. Recent Initiatives
12.4. Cooper Tire & Rubber Company
12.4.1. Company Overview
12.4.2. Product Offerings
12.4.3. Financial Performance
12.4.4. Recent Initiatives
12.5. YOKOHAMA Rubber CO. Ltd.
12.5.1. Company Overview
12.5.2. Product Offerings
12.5.3. Financial Performance
12.5.4. Recent Initiatives
12.6. Pirelli & C S.p.A.
12.6.1. Company Overview
12.6.2. Product Offerings
12.6.3. Financial Performance
12.6.4. Recent Initiatives
12.7. JK Tire & Industries Ltd
12.7.1. Company Overview
12.7.2. Product Offerings
12.7.3. Financial Performance
12.7.4. Recent Initiatives
12.8. Sumitomo Tires
12.8.1. Company Overview
12.8.2. Product Offerings
12.8.3. Financial Performance
12.8.4. Recent Initiatives
12.9. Giti Tires
12.9.1. Company Overview
12.9.2. Product Offerings
12.9.3. Financial Performance
12.9.4. Recent Initiatives
12.10. Hankook Tire & Technology Co. Ltd.
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
Cross-segment Market Size and Analysis for
Mentioned Segments
Additional Company Profiles (Upto 5 With No Cost)
Additional Countries (Apart From Mentioned Countries)
Country/Region-specific Report
Go To Market Strategy
Region Specific Market DynamicsRegion Level Market Share Import Export AnalysisProduction AnalysisOthers