Market Overview:
The global automotive non-pneumatic tires market is estimated to be valued at US$ XX Mn in 2018 and is projected to reach US$ XX Mn by 2030, exhibiting a CAGR of X.X%. The market growth can be attributed to the increasing demand for fuel-efficient and environment-friendly vehicles. Solid tires are expected to account for a larger share of the global automotive non-pneumatic tires market during the forecast period. This can be attributed to their low cost and easy installation.
Product Definition:
Non-pneumatic tires are tires that do not use air as the primary means of supporting the load. Instead, they rely on other technologies such as solid rubber, foam-based rubber, airless metal spokes or a combination of these.
Solid Tire:
Solid tires are made up of the same materials that make up a pneumatic tire, rubber. However, they do not contain any compressed air and hence are termed as non-pneumatic tires. The solid type of tire is used for applications where rolling resistance is not important such as electric vehicles and bicycles. They also offer better traction in mud or wet conditions than their pneumatic counterparts.
Hollow Tire:
Hollow tire is a type of tire which has been designed to carry the weight of the automobile on its rim. The weight-carrying capacity of hollow tires depends upon the strength and durability of rubber used in making it. It is generally made up using low-cost materials such as recycled tires, natural rubber, and synthetic rubber; whereas high-quality materials are used for manufacturing pneumatic tires.
Application Insights:
The passenger vehicles segment led the market and accounted for more than 70.0% share of the global revenue in 2017. The segment is also expected to witness significant growth over the forecast period owing to increasing demand for passenger cars from developing countries such as China, India and Brazil. Moreover, stringent government regulations regarding reduction in vehicular emissions are anticipated to drive non-pneumatic tires demand in automotive applications over the coming years.
Commercial vehicles are poised to witness a CAGR of XX% from 2018 to 2030 on account of rising use of commercial trucks and buses across end-use markets globally. In addition, growing emphasis on maintenance cost reduction by manufacturers is likely to result in increased utilization of commercial vehicles with low fuel consumption rates which will further propel market growth over the coming years according these estimates by IEA Automotive Industry Data Center (IDC).
Regional Analysis:
Asia Pacific dominated the global market in terms of revenue in 2017. The region is expected to continue its dominance over the forecast period owing to increasing automotive production and sales, coupled with rising disposable income of consumers. China accounted for a major share in Asia Pacific regional market on account of low manufacturing cost and easy availability of raw materials such as natural rubber.
Europe was the second-largest regional segment accounting for 26% share in terms of volume, on account solid tire segment dominating passenger car segments across Europe. North America is projected to be one among fastest-growing regions due to growing demand from end-use industries such as public transportation and commercial vehicles including buses, trucks, ambulances among others are anticipated drive growth over the coming years.
Growth Factors:
- Increasing demand for fuel-efficient and environment-friendly vehicles
- Rising disposable income of consumers in developing countries
- Proliferation of online retail channels
- Technological advancements in non-pneumatic tires manufacturing process
- Growing popularity of electric and hybrid vehicles
Scope Of The Report
Report Attributes
Report Details
Report Title
Automotive Non-pneumatic Tires Market Research Report
By Type
Solid Tire, Hollow Tire
By Application
Passenger Vehicles, Commercial Vehicles
By Companies
Bridgestone Corporation, Goodyear Tire and Rubber Company, Michelin Inc., Hankook Tire Group, Yokohama Tire Corp., Resilient Technologies, Crocodile Tyres, Big Tyre, Toyo Tire and Rubber Co. LTD., Pioneer Corporation
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
247
Number of Tables & Figures
173
Customization Available
Yes, the report can be customized as per your need.
Global Automotive Non-pneumatic Tires Market Report Segments:
The global Automotive Non-pneumatic Tires market is segmented on the basis of:
Types
Solid Tire, Hollow Tire
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Passenger Vehicles, Commercial Vehicles
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Bridgestone Corporation
- Goodyear Tire and Rubber Company
- Michelin Inc.
- Hankook Tire Group
- Yokohama Tire Corp.
- Resilient Technologies
- Crocodile Tyres
- Big Tyre
- Toyo Tire and Rubber Co. LTD.
- Pioneer Corporation
Highlights of The Automotive Non-pneumatic Tires Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Solid Tire
- Hollow Tire
- By Application:
- Passenger Vehicles
- Commercial Vehicles
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Automotive Non-pneumatic Tires Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
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- Product & Brand Management
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Automotive non-pneumatic tires are a type of tire that is designed to be used on vehicles. These tires use air pressure and a compressor to inflate them, which allows the vehicle to move forward. Automotive non-pneumatic tires are often used on trucks and buses because they offer better traction than other types of tires.
Some of the key players operating in the automotive non-pneumatic tires market are Bridgestone Corporation, Goodyear Tire and Rubber Company, Michelin Inc., Hankook Tire Group, Yokohama Tire Corp., Resilient Technologies, Crocodile Tyres, Big Tyre, Toyo Tire and Rubber Co. LTD., Pioneer Corporation.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Automotive Non-pneumatic Tires Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Automotive Non-pneumatic Tires Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Automotive Non-pneumatic Tires Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Automotive Non-pneumatic Tires Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Automotive Non-pneumatic Tires Market Size & Forecast, 2018-2028
4.5.1 Automotive Non-pneumatic Tires Market Size and Y-o-Y Growth
4.5.2 Automotive Non-pneumatic Tires Market Absolute $ Opportunity
Chapter 5 Global Automotive Non-pneumatic Tires Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Automotive Non-pneumatic Tires Market Size Forecast by Type
5.2.1 Solid Tire
5.2.2 Hollow Tire
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Automotive Non-pneumatic Tires Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Automotive Non-pneumatic Tires Market Size Forecast by Applications
6.2.1 Passenger Vehicles
6.2.2 Commercial Vehicles
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Automotive Non-pneumatic Tires Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Automotive Non-pneumatic Tires Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Automotive Non-pneumatic Tires Analysis and Forecast
9.1 Introduction
9.2 North America Automotive Non-pneumatic Tires Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Automotive Non-pneumatic Tires Market Size Forecast by Type
9.6.1 Solid Tire
9.6.2 Hollow Tire
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Automotive Non-pneumatic Tires Market Size Forecast by Applications
9.10.1 Passenger Vehicles
9.10.2 Commercial Vehicles
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Automotive Non-pneumatic Tires Analysis and Forecast
10.1 Introduction
10.2 Europe Automotive Non-pneumatic Tires Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Automotive Non-pneumatic Tires Market Size Forecast by Type
10.6.1 Solid Tire
10.6.2 Hollow Tire
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Automotive Non-pneumatic Tires Market Size Forecast by Applications
10.10.1 Passenger Vehicles
10.10.2 Commercial Vehicles
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Automotive Non-pneumatic Tires Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Automotive Non-pneumatic Tires Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Automotive Non-pneumatic Tires Market Size Forecast by Type
11.6.1 Solid Tire
11.6.2 Hollow Tire
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Automotive Non-pneumatic Tires Market Size Forecast by Applications
11.10.1 Passenger Vehicles
11.10.2 Commercial Vehicles
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Automotive Non-pneumatic Tires Analysis and Forecast
12.1 Introduction
12.2 Latin America Automotive Non-pneumatic Tires Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Automotive Non-pneumatic Tires Market Size Forecast by Type
12.6.1 Solid Tire
12.6.2 Hollow Tire
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Automotive Non-pneumatic Tires Market Size Forecast by Applications
12.10.1 Passenger Vehicles
12.10.2 Commercial Vehicles
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Automotive Non-pneumatic Tires Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Automotive Non-pneumatic Tires Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Automotive Non-pneumatic Tires Market Size Forecast by Type
13.6.1 Solid Tire
13.6.2 Hollow Tire
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Automotive Non-pneumatic Tires Market Size Forecast by Applications
13.10.1 Passenger Vehicles
13.10.2 Commercial Vehicles
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Automotive Non-pneumatic Tires Market: Competitive Dashboard
14.2 Global Automotive Non-pneumatic Tires Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Bridgestone Corporation
14.3.2 Goodyear Tire and Rubber Company
14.3.3 Michelin Inc.
14.3.4 Hankook Tire Group
14.3.5 Yokohama Tire Corp.
14.3.6 Resilient Technologies
14.3.7 Crocodile Tyres
14.3.8 Big Tyre
14.3.9 Toyo Tire and Rubber Co. LTD.
14.3.10 Pioneer Corporation
