Cost-effectiveness of retread tires in comparison to new tires has been resulting in their accelerating sales. Moreover, retread tyre are eco-friendly, which has been aiding the overall expansion of the market since consumers are likelier to show preference for sustainable solutions. S
This report contains market size and forecasts of Automotive Retread Tyre in global, including the following market information:
Global Automotive Retread Tyre Market Revenue, 2017-2022, 2023-2028, ($ millions)
Global Automotive Retread Tyre Market Sales, 2017-2022, 2023-2028, (K Units)
Global top five Automotive Retread Tyre companies in 2021 (%)
The global Automotive Retread Tyre market was valued at million in 2021 and is projected to reach US$ million by 2028, at a CAGR of % during the forecast period.
The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.
Pre Cure Segment to Reach $ Million by 2028, with a % CAGR in next six years.
The global key manufacturers of Automotive Retread Tyre include Michelin, Bridgestone, The Goodyear Tire & Rubber Company, Continental AG, MRF, YOKOHAMA RUBBER COMPANY, Rosler Tech Innovators, Carloni Tire and JK TYRES, etc. In 2021, the global top five players have a share approximately % in terms of revenue.
MARKET MONITOR GLOBAL, INC (MMG) has surveyed the Automotive Retread Tyre manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Automotive Retread Tyre Market, by Type, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global Automotive Retread Tyre Market Segment Percentages, by Type, 2021 (%)
Pre Cure
Mold Cure
Global Automotive Retread Tyre Market, by Application, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global Automotive Retread Tyre Market Segment Percentages, by Application, 2021 (%)
Passenger Vehicle
Commercial Vehicle
Global Automotive Retread Tyre Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global Automotive Retread Tyre Market Segment Percentages, By Region and Country, 2021 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Automotive Retread Tyre revenues in global market, 2017-2022 (Estimated), ($ millions)
Key companies Automotive Retread Tyre revenues share in global market, 2021 (%)
Key companies Automotive Retread Tyre sales in global market, 2017-2022 (Estimated), (K Units)
Key companies Automotive Retread Tyre sales share in global market, 2021 (%)
Further, the report presents profiles of competitors in the market, key players include:
Michelin
Bridgestone
The Goodyear Tire & Rubber Company
Continental AG
MRF
YOKOHAMA RUBBER COMPANY
Rosler Tech Innovators
Carloni Tire
JK TYRES
Eastern treads
Nokian tyres plc
KRAIBURG Austria GmbH & Co.KG
Pilipinas Kai Rubber Corporation
Kit Loong Commercial Tyre Group
Fortune Tire Tech Limited
Tread Wright Tire