Market Overview:
The global self-sealing 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 radial tires over the diagonal tires and the growing commercial vehicle fleet across the globe. On the basis of type, radial tires are expected to account for a larger share of the global self-sealing tires market during 2018-2030. Radial tire sales are anticipated to grow at a CAGR of X.X% over the forecast period as compared to that of diagonal tire sales which is projected register a CAGR of X.X%. This can be primarily attributed rising demand from passenger vehicles segment as well as increasing adoption rates in developed countries such as North America and Europe.
Product Definition:
Self-sealing tires are a type of tire that is designed to seal small punctures in the tread area of the tire. This prevents the air from escaping from the tire, and allows you to continue driving on the tire. The importance of self-sealing tires is that it can help you avoid getting a flat tire while driving, which can be dangerous and inconvenient.
Diagonal Tires:
Diagonal tires are used in the manufacturing of self-sealing tires. Self-sealing tires have a layer of polymer resin that contains an adhesive, which reacts with the carbon black present on the outer surface of a tire to form a seal around its perimeter. The process is similar to that of vulcanization and requires heat as well as pressure for proper functioning.
Radial Tires:
Radial tires are designed to deliver better performance in off-road conditions. They have a ribbed or knotted surface around the central tread portion, which helps them to grip the road unevenly and dispense with inner tubes like conventional tires. The radial tire is used in applications that require high load carrying capacity, such as farm vehicles and construction equipment.
Application Insights:
The global self-sealing tires market is segmented on the basis of application into commercial vehicles and passenger vehicles. Commercial vehicles include trucks, tractors, buses, coaches and lorries. The demand for these types of tires is expected to be driven by their use in heavy-duty applications such as agriculture and construction equipment.
Passenger vehicle drivers are increasingly opting for low rolling resistance tires that provide better performance at lower costs than conventional premium grade tires. These types of self-sealing tire have been gaining popularity due to their ability to reduce road noise and increase safety by reducing the risk of blowouts on pothole riddled roads at a cheaper cost per kilometer traveled compared with premium grade conventional rubber tire products used in passenger cars & light commercial vehicles (LCVs).
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The presence of key players such as Bridgestone, Firestone, and Michelin has a strong base in Japan, China, South Korea and India is expected to boost demand for self-sealing tires over the next eight years. Moreover high replacement rate due to tire damage or wear out coupled with stringent safety norms are some of the factors driving regional growth.
The European market was valued at USD X billion in 2017 owing to rising demand from passenger cars as well as commercial vehicles applications owing to increasing fuel prices coupled with government initiatives for reducing road accidents are encouraging manufacturers there adopt safer tires which require less maintenance will drive product adoption further on account of increased traction provided by these tires leading to higher vehicle efficiency will augment growth further on account of growing automotive industry particularly luxury car segment which requires better performance characteristics such as improved wet grip & cornering stability etc.
Growth Factors:
- Increasing demand for fuel-efficient and environment-friendly vehicles
- Rising disposable income of consumers in developing countries
- Technological advancements in the manufacturing of self-sealing tires
- Growing awareness about the benefits of self-sealing tires among consumers
- Stringent government regulations on emissions and safety
Scope Of The Report
Report Attributes
Report Details
Report Title
Self-Sealing Tires Market Research Report
By Type
Diagonal Tires, Radial Tires
By Application
Commercial Vehicles, Passenger Vehicles
By Companies
Continental, Michelin, LINGLONG TIRE
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
233
Number of Tables & Figures
164
Customization Available
Yes, the report can be customized as per your need.
Global Self-Sealing Tires Market Report Segments:
The global Self-Sealing Tires market is segmented on the basis of:
Types
Diagonal Tires, Radial Tires
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
Commercial Vehicles, Passenger 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:
- Continental
- Michelin
- LINGLONG TIRE
Highlights of The Self-Sealing 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:
- Diagonal Tires
- Radial Tires
- By Application:
- Commercial Vehicles
- Passenger 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 Self-Sealing 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
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
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?
Self-sealing tires are a type of tire that uses a special adhesive to seal the puncture. This prevents air from entering the tire and causes it to deflate.
Some of the key players operating in the self-sealing tires market are Continental, Michelin, LINGLONG TIRE.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Self-Sealing Tires Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Self-Sealing Tires Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Self-Sealing Tires Market - Supply Chain
4.5. Global Self-Sealing Tires Market Forecast
4.5.1. Self-Sealing Tires Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Self-Sealing Tires Market Size (000 Units) and Y-o-Y Growth
4.5.3. Self-Sealing Tires Market Absolute $ Opportunity
5. Global Self-Sealing Tires Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Self-Sealing Tires Market Size and Volume Forecast by Type
5.3.1. Diagonal Tires
5.3.2. Radial Tires
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Self-Sealing Tires Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Self-Sealing Tires Market Size and Volume Forecast by Application
6.3.1. Commercial Vehicles
6.3.2. Passenger Vehicles
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Self-Sealing Tires Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Self-Sealing Tires Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Self-Sealing Tires Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Self-Sealing Tires Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Self-Sealing Tires Demand Share Forecast, 2019-2026
9. North America Self-Sealing Tires Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Self-Sealing Tires Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Self-Sealing Tires Market Size and Volume Forecast by Application
9.4.1. Commercial Vehicles
9.4.2. Passenger Vehicles
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Self-Sealing Tires Market Size and Volume Forecast by Type
9.7.1. Diagonal Tires
9.7.2. Radial Tires
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Self-Sealing Tires Demand Share Forecast, 2019-2026
10. Latin America Self-Sealing Tires Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Self-Sealing Tires Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Self-Sealing Tires Market Size and Volume Forecast by Application
10.4.1. Commercial Vehicles
10.4.2. Passenger Vehicles
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Self-Sealing Tires Market Size and Volume Forecast by Type
10.7.1. Diagonal Tires
10.7.2. Radial Tires
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Self-Sealing Tires Demand Share Forecast, 2019-2026
11. Europe Self-Sealing Tires Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Self-Sealing Tires Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Self-Sealing Tires Market Size and Volume Forecast by Application
11.4.1. Commercial Vehicles
11.4.2. Passenger Vehicles
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Self-Sealing Tires Market Size and Volume Forecast by Type
11.7.1. Diagonal Tires
11.7.2. Radial Tires
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Self-Sealing Tires Demand Share, 2019-2026
12. Asia Pacific Self-Sealing Tires Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Self-Sealing Tires Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Self-Sealing Tires Market Size and Volume Forecast by Application
12.4.1. Commercial Vehicles
12.4.2. Passenger Vehicles
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Self-Sealing Tires Market Size and Volume Forecast by Type
12.7.1. Diagonal Tires
12.7.2. Radial Tires
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Self-Sealing Tires Demand Share, 2019-2026
13. Middle East & Africa Self-Sealing Tires Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Self-Sealing Tires Market Size and Volume 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. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Self-Sealing Tires Market Size and Volume Forecast by Application
13.4.1. Commercial Vehicles
13.4.2. Passenger Vehicles
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Self-Sealing Tires Market Size and Volume Forecast by Type
13.7.1. Diagonal Tires
13.7.2. Radial Tires
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Self-Sealing Tires Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Self-Sealing Tires Market: Market Share Analysis
14.2. Self-Sealing Tires Distributors and Customers
14.3. Self-Sealing Tires Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Continental
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Michelin
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. LINGLONG TIRE
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. COMPANY4
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. COMPANY5
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. COMPANY6
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. COMPANY7
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. COMPANY8
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. COMPANY9
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. COMPANY 10
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. COMPANY 11
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
