Global Passenger Car Tire Market Growth 2023-2029

Passenger Tires are for vehicles that are designed for personal use – like hatchbacks, sedans, coupes, and crossovers. Many SUVs, minivans , and smaller pickup trucks (under ¾ ton) also use passenger-rated tires.

LPI (LP Information)' newest research report, the “Passenger Car Tire Industry Forecast” looks at past sales and reviews total world Passenger Car Tire sales in 2022, providing a comprehensive analysis by region and market sector of projected Passenger Car Tire sales for 2023 through 2029. With Passenger Car Tire sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Passenger Car Tire industry.

This Insight Report provides a comprehensive analysis of the global Passenger Car Tire landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Passenger Car Tire portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Passenger Car Tire market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Passenger Car Tire and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Passenger Car Tire.

The global Passenger Car Tire market size is projected to grow from US$ million in 2022 to US$ million in 2029; it is expected to grow at a CAGR of % from 2023 to 2029.

In terms of types, Passenger Car Tire can be divided into three types: Low-End, Medium-End and High-End. In 2019, Low-End Passenger Car Tire account for the largest proportion, accounting for more than 60% of the total market share of the product.

From the perspective of product application, Passenger Car Tire mainly fall into two categories: OEM and Aftermarket. In 2019, the proportion of Aftermarket use is the largest, about 75%.

This report presents a comprehensive overview, market shares, and growth opportunities of Passenger Car Tire market by product type, application, key manufacturers and key regions and countries.

Market Segmentation:
Segmentation by type
    Low-End Passenger Car Tire
    Mid-Range Passenger Car Tire
    High-End Passenger Car Tire

Segmentation by application
    OEM
    Aftermarket

This report also splits the market by region:
    Americas
        United States
        Canada
        Mexico
        Brazil
    APAC
        China
        Japan
        Korea
        Southeast Asia
        India
        Australia
    Europe
        Germany
        France
        UK
        Italy
        Russia
    Middle East & Africa
        Egypt
        South Africa
        Israel
        Turkey
        GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
    Bridgestone
    Goodyear
    Deestone
    Linglong International Tire
    ZC Rubber
    Michelin
    Sumitomo Rubber
    Continental
    Giti Tire
    Maxxis International

Key Questions Addressed in this Report
What is the 10-year outlook for the global Passenger Car Tire market?
What factors are driving Passenger Car Tire market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Passenger Car Tire market opportunities vary by end market size?
How does Passenger Car Tire break out type, application?
What are the influences of COVID-19 and Russia-Ukraine war?

List of Tables
    Table 1. Passenger Car Tire Annual Sales CAGR by Geographic Region (2018, 2022 & 2029) & ($ millions)
    Table 2. Passenger Car Tire Annual Sales CAGR by Country/Region (2018, 2022 & 2029) & ($ millions)
    Table 3. Major Players of Low-End Passenger Car Tire
    Table 4. Major Players of Mid-Range Passenger Car Tire
    Table 5. Major Players of High-End Passenger Car Tire
    Table 6. Global Passenger Car Tire Sales by Type (2018-2023) & (Million Units)
    Table 7. Global Passenger Car Tire Sales Market Share by Type (2018-2023)
    Table 8. Global Passenger Car Tire Revenue by Type (2018-2023) & ($ million)
    Table 9. Global Passenger Car Tire Revenue Market Share by Type (2018-2023)
    Table 10. Global Passenger Car Tire Sale Price by Type (2018-2023) & (USD/Unit)
    Table 11. Global Passenger Car Tire Sales by Application (2018-2023) & (Million Units)
    Table 12. Global Passenger Car Tire Sales Market Share by Application (2018-2023)
    Table 13. Global Passenger Car Tire Revenue by Application (2018-2023)
    Table 14. Global Passenger Car Tire Revenue Market Share by Application (2018-2023)
    Table 15. Global Passenger Car Tire Sale Price by Application (2018-2023) & (USD/Unit)
    Table 16. Global Passenger Car Tire Sales by Company (2018-2023) & (Million Units)
    Table 17. Global Passenger Car Tire Sales Market Share by Company (2018-2023)
    Table 18. Global Passenger Car Tire Revenue by Company (2018-2023) ($ Millions)
    Table 19. Global Passenger Car Tire Revenue Market Share by Company (2018-2023)
    Table 20. Global Passenger Car Tire Sale Price by Company (2018-2023) & (USD/Unit)
    Table 21. Key Manufacturers Passenger Car Tire Producing Area Distribution and Sales Area
    Table 22. Players Passenger Car Tire Products Offered
    Table 23. Passenger Car Tire Concentration Ratio (CR3, CR5 and CR10) & (2018-2023)
    Table 24. New Products and Potential Entrants
    Table 25. Mergers & Acquisitions, Expansion
    Table 26. Global Passenger Car Tire Sales by Geographic Region (2018-2023) & (Million Units)
    Table 27. Global Passenger Car Tire Sales Market Share Geographic Region (2018-2023)
    Table 28. Global Passenger Car Tire Revenue by Geographic Region (2018-2023) & ($ millions)
    Table 29. Global Passenger Car Tire Revenue Market Share by Geographic Region (2018-2023)
    Table 30. Global Passenger Car Tire Sales by Country/Region (2018-2023) & (Million Units)
    Table 31. Global Passenger Car Tire Sales Market Share by Country/Region (2018-2023)
    Table 32. Global Passenger Car Tire Revenue by Country/Region (2018-2023) & ($ millions)
    Table 33. Global Passenger Car Tire Revenue Market Share by Country/Region (2018-2023)
    Table 34. Americas Passenger Car Tire Sales by Country (2018-2023) & (Million Units)
    Table 35. Americas Passenger Car Tire Sales Market Share by Country (2018-2023)
    Table 36. Americas Passenger Car Tire Revenue by Country (2018-2023) & ($ Millions)
    Table 37. Americas Passenger Car Tire Revenue Market Share by Country (2018-2023)
    Table 38. Americas Passenger Car Tire Sales by Type (2018-2023) & (Million Units)
    Table 39. Americas Passenger Car Tire Sales by Application (2018-2023) & (Million Units)
    Table 40. APAC Passenger Car Tire Sales by Region (2018-2023) & (Million Units)
    Table 41. APAC Passenger Car Tire Sales Market Share by Region (2018-2023)
    Table 42. APAC Passenger Car Tire Revenue by Region (2018-2023) & ($ Millions)
    Table 43. APAC Passenger Car Tire Revenue Market Share by Region (2018-2023)
    Table 44. APAC Passenger Car Tire Sales by Type (2018-2023) & (Million Units)
    Table 45. APAC Passenger Car Tire Sales by Application (2018-2023) & (Million Units)
    Table 46. Europe Passenger Car Tire Sales by Country (2018-2023) & (Million Units)
    Table 47. Europe Passenger Car Tire Sales Market Share by Country (2018-2023)
    Table 48. Europe Passenger Car Tire Revenue by Country (2018-2023) & ($ Millions)
    Table 49. Europe Passenger Car Tire Revenue Market Share by Country (2018-2023)
    Table 50. Europe Passenger Car Tire Sales by Type (2018-2023) & (Million Units)
    Table 51. Europe Passenger Car Tire Sales by Application (2018-2023) & (Million Units)
    Table 52. Middle East & Africa Passenger Car Tire Sales by Country (2018-2023) & (Million Units)
    Table 53. Middle East & Africa Passenger Car Tire Sales Market Share by Country (2018-2023)
    Table 54. Middle East & Africa Passenger Car Tire Revenue by Country (2018-2023) & ($ Millions)
    Table 55. Middle East & Africa Passenger Car Tire Revenue Market Share by Country (2018-2023)
    Table 56. Middle East & Africa Passenger Car Tire Sales by Type (2018-2023) & (Million Units)
    Table 57. Middle East & Africa Passenger Car Tire Sales by Application (2018-2023) & (Million Units)
    Table 58. Key Market Drivers & Growth Opportunities of Passenger Car Tire
    Table 59. Key Market Challenges & Risks of Passenger Car Tire
    Table 60. Key Industry Trends of Passenger Car Tire
    Table 61. Passenger Car Tire Raw Material
    Table 62. Key Suppliers of Raw Materials
    Table 63. Passenger Car Tire Distributors List
    Table 64. Passenger Car Tire Customer List
    Table 65. Global Passenger Car Tire Sales Forecast by Region (2024-2029) & (Million Units)
    Table 66. Global Passenger Car Tire Revenue Forecast by Region (2024-2029) & ($ millions)
    Table 67. Americas Passenger Car Tire Sales Forecast by Country (2024-2029) & (Million Units)
    Table 68. Americas Passenger Car Tire Revenue Forecast by Country (2024-2029) & ($ millions)
    Table 69. APAC Passenger Car Tire Sales Forecast by Region (2024-2029) & (Million Units)
    Table 70. APAC Passenger Car Tire Revenue Forecast by Region (2024-2029) & ($ millions)
    Table 71. Europe Passenger Car Tire Sales Forecast by Country (2024-2029) & (Million Units)
    Table 72. Europe Passenger Car Tire Revenue Forecast by Country (2024-2029) & ($ millions)
    Table 73. Middle East & Africa Passenger Car Tire Sales Forecast by Country (2024-2029) & (Million Units)
    Table 74. Middle East & Africa Passenger Car Tire Revenue Forecast by Country (2024-2029) & ($ millions)
    Table 75. Global Passenger Car Tire Sales Forecast by Type (2024-2029) & (Million Units)
    Table 76. Global Passenger Car Tire Revenue Forecast by Type (2024-2029) & ($ Millions)
    Table 77. Global Passenger Car Tire Sales Forecast by Application (2024-2029) & (Million Units)
    Table 78. Global Passenger Car Tire Revenue Forecast by Application (2024-2029) & ($ Millions)
    Table 79. Bridgestone Basic Information, Passenger Car Tire Manufacturing Base, Sales Area and Its Competitors
    Table 80. Bridgestone Passenger Car Tire Product Portfolios and Specifications
    Table 81. Bridgestone Passenger Car Tire Sales (Million Units), Revenue ($ Million), Price (USD/Unit) and Gross Margin (2018-2023)
    Table 82. Bridgestone Main Business
    Table 83. Bridgestone Latest Developments
    Table 84. Goodyear Basic Information, Passenger Car Tire Manufacturing Base, Sales Area and Its Competitors
    Table 85. Goodyear Passenger Car Tire Product Portfolios and Specifications
    Table 86. Goodyear Passenger Car Tire Sales (Million Units), Revenue ($ Million), Price (USD/Unit) and Gross Margin (2018-2023)
    Table 87. Goodyear Main Business
    Table 88. Goodyear Latest Developments
    Table 89. Deestone Basic Information, Passenger Car Tire Manufacturing Base, Sales Area and Its Competitors
    Table 90. Deestone Passenger Car Tire Product Portfolios and Specifications
    Table 91. Deestone Passenger Car Tire Sales (Million Units), Revenue ($ Million), Price (USD/Unit) and Gross Margin (2018-2023)
    Table 92. Deestone Main Business
    Table 93. Deestone Latest Developments
    Table 94. Linglong International Tire Basic Information, Passenger Car Tire Manufacturing Base, Sales Area and Its Competitors
    Table 95. Linglong International Tire Passenger Car Tire Product Portfolios and Specifications
    Table 96. Linglong International Tire Passenger Car Tire Sales (Million Units), Revenue ($ Million), Price (USD/Unit) and Gross Margin (2018-2023)
    Table 97. Linglong International Tire Main Business
    Table 98. Linglong International Tire Latest Developments
    Table 99. ZC Rubber Basic Information, Passenger Car Tire Manufacturing Base, Sales Area and Its Competitors
    Table 100. ZC Rubber Passenger Car Tire Product Portfolios and Specifications
    Table 101. ZC Rubber Passenger Car Tire Sales (Million Units), Revenue ($ Million), Price (USD/Unit) and Gross Margin (2018-2023)
    Table 102. ZC Rubber Main Business
    Table 103. ZC Rubber Latest Developments
    Table 104. Michelin Basic Information, Passenger Car Tire Manufacturing Base, Sales Area and Its Competitors
    Table 105. Michelin Passenger Car Tire Product Portfolios and Specifications
    Table 106. Michelin Passenger Car Tire Sales (Million Units), Revenue ($ Million), Price (USD/Unit) and Gross Margin (2018-2023)
    Table 107. Michelin Main Business
    Table 108. Michelin Latest Developments
    Table 109. Sumitomo Rubber Basic Information, Passenger Car Tire Manufacturing Base, Sales Area and Its Competitors
    Table 110. Sumitomo Rubber Passenger Car Tire Product Portfolios and Specifications
    Table 111. Sumitomo Rubber Passenger Car Tire Sales (Million Units), Revenue ($ Million), Price (USD/Unit) and Gross Margin (2018-2023)
    Table 112. Sumitomo Rubber Main Business
    Table 113. Sumitomo Rubber Latest Developments
    Table 114. Continental Basic Information, Passenger Car Tire Manufacturing Base, Sales Area and Its Competitors
    Table 115. Continental Passenger Car Tire Product Portfolios and Specifications
    Table 116. Continental Passenger Car Tire Sales (Million Units), Revenue ($ Million), Price (USD/Unit) and Gross Margin (2018-2023)
    Table 117. Continental Main Business
    Table 118. Continental Latest Developments
    Table 119. Giti Tire Basic Information, Passenger Car Tire Manufacturing Base, Sales Area and Its Competitors
    Table 120. Giti Tire Passenger Car Tire Product Portfolios and Specifications
    Table 121. Giti Tire Passenger Car Tire Sales (Million Units), Revenue ($ Million), Price (USD/Unit) and Gross Margin (2018-2023)
    Table 122. Giti Tire Main Business
    Table 123. Giti Tire Latest Developments
    Table 124. Maxxis International Basic Information, Passenger Car Tire Manufacturing Base, Sales Area and Its Competitors
    Table 125. Maxxis International Passenger Car Tire Product Portfolios and Specifications
    Table 126. Maxxis International Passenger Car Tire Sales (Million Units), Revenue ($ Million), Price (USD/Unit) and Gross Margin (2018-2023)
    Table 127. Maxxis International Main Business
    Table 128. Maxxis International Latest Developments
List of Figures
    Figure 1. Picture of Passenger Car Tire
    Figure 2. Passenger Car Tire Report Years Considered
    Figure 3. Research Objectives
    Figure 4. Research Methodology
    Figure 5. Research Process and Data Source
    Figure 6. Global Passenger Car Tire Sales Growth Rate 2018-2029 (Million Units)
    Figure 7. Global Passenger Car Tire Revenue Growth Rate 2018-2029 ($ Millions)
    Figure 8. Passenger Car Tire Sales by Region (2018, 2022 & 2029) & ($ Millions)
    Figure 9. Product Picture of Low-End Passenger Car Tire
    Figure 10. Product Picture of Mid-Range Passenger Car Tire
    Figure 11. Product Picture of High-End Passenger Car Tire
    Figure 12. Global Passenger Car Tire Sales Market Share by Type in 2022
    Figure 13. Global Passenger Car Tire Revenue Market Share by Type (2018-2023)
    Figure 14. Passenger Car Tire Consumed in OEM
    Figure 15. Global Passenger Car Tire Market: OEM (2018-2023) & (Million Units)
    Figure 16. Passenger Car Tire Consumed in Aftermarket
    Figure 17. Global Passenger Car Tire Market: Aftermarket (2018-2023) & (Million Units)
    Figure 18. Global Passenger Car Tire Sales Market Share by Application (2022)
    Figure 19. Global Passenger Car Tire Revenue Market Share by Application in 2022
    Figure 20. Passenger Car Tire Sales Market by Company in 2022 (Million Units)
    Figure 21. Global Passenger Car Tire Sales Market Share by Company in 2022
    Figure 22. Passenger Car Tire Revenue Market by Company in 2022 ($ Million)
    Figure 23. Global Passenger Car Tire Revenue Market Share by Company in 2022
    Figure 24. Global Passenger Car Tire Sales Market Share by Geographic Region (2018-2023)
    Figure 25. Global Passenger Car Tire Revenue Market Share by Geographic Region in 2022
    Figure 26. Americas Passenger Car Tire Sales 2018-2023 (Million Units)
    Figure 27. Americas Passenger Car Tire Revenue 2018-2023 ($ Millions)
    Figure 28. APAC Passenger Car Tire Sales 2018-2023 (Million Units)
    Figure 29. APAC Passenger Car Tire Revenue 2018-2023 ($ Millions)
    Figure 30. Europe Passenger Car Tire Sales 2018-2023 (Million Units)
    Figure 31. Europe Passenger Car Tire Revenue 2018-2023 ($ Millions)
    Figure 32. Middle East & Africa Passenger Car Tire Sales 2018-2023 (Million Units)
    Figure 33. Middle East & Africa Passenger Car Tire Revenue 2018-2023 ($ Millions)
    Figure 34. Americas Passenger Car Tire Sales Market Share by Country in 2022
    Figure 35. Americas Passenger Car Tire Revenue Market Share by Country in 2022
    Figure 36. Americas Passenger Car Tire Sales Market Share by Type (2018-2023)
    Figure 37. Americas Passenger Car Tire Sales Market Share by Application (2018-2023)
    Figure 38. United States Passenger Car Tire Revenue Growth 2018-2023 ($ Millions)
    Figure 39. Canada Passenger Car Tire Revenue Growth 2018-2023 ($ Millions)
    Figure 40. Mexico Passenger Car Tire Revenue Growth 2018-2023 ($ Millions)
    Figure 41. Brazil Passenger Car Tire Revenue Growth 2018-2023 ($ Millions)
    Figure 42. APAC Passenger Car Tire Sales Market Share by Region in 2022
    Figure 43. APAC Passenger Car Tire Revenue Market Share by Regions in 2022
    Figure 44. APAC Passenger Car Tire Sales Market Share by Type (2018-2023)
    Figure 45. APAC Passenger Car Tire Sales Market Share by Application (2018-2023)
    Figure 46. China Passenger Car Tire Revenue Growth 2018-2023 ($ Millions)
    Figure 47. Japan Passenger Car Tire Revenue Growth 2018-2023 ($ Millions)
    Figure 48. South Korea Passenger Car Tire Revenue Growth 2018-2023 ($ Millions)
    Figure 49. Southeast Asia Passenger Car Tire Revenue Growth 2018-2023 ($ Millions)
    Figure 50. India Passenger Car Tire Revenue Growth 2018-2023 ($ Millions)
    Figure 51. Australia Passenger Car Tire Revenue Growth 2018-2023 ($ Millions)
    Figure 52. China Taiwan Passenger Car Tire Revenue Growth 2018-2023 ($ Millions)
    Figure 53. Europe Passenger Car Tire Sales Market Share by Country in 2022
    Figure 54. Europe Passenger Car Tire Revenue Market Share by Country in 2022
    Figure 55. Europe Passenger Car Tire Sales Market Share by Type (2018-2023)
    Figure 56. Europe Passenger Car Tire Sales Market Share by Application (2018-2023)
    Figure 57. Germany Passenger Car Tire Revenue Growth 2018-2023 ($ Millions)
    Figure 58. France Passenger Car Tire Revenue Growth 2018-2023 ($ Millions)
    Figure 59. UK Passenger Car Tire Revenue Growth 2018-2023 ($ Millions)
    Figure 60. Italy Passenger Car Tire Revenue Growth 2018-2023 ($ Millions)
    Figure 61. Russia Passenger Car Tire Revenue Growth 2018-2023 ($ Millions)
    Figure 62. Middle East & Africa Passenger Car Tire Sales Market Share by Country in 2022
    Figure 63. Middle East & Africa Passenger Car Tire Revenue Market Share by Country in 2022
    Figure 64. Middle East & Africa Passenger Car Tire Sales Market Share by Type (2018-2023)
    Figure 65. Middle East & Africa Passenger Car Tire Sales Market Share by Application (2018-2023)
    Figure 66. Egypt Passenger Car Tire Revenue Growth 2018-2023 ($ Millions)
    Figure 67. South Africa Passenger Car Tire Revenue Growth 2018-2023 ($ Millions)
    Figure 68. Israel Passenger Car Tire Revenue Growth 2018-2023 ($ Millions)
    Figure 69. Turkey Passenger Car Tire Revenue Growth 2018-2023 ($ Millions)
    Figure 70. GCC Country Passenger Car Tire Revenue Growth 2018-2023 ($ Millions)
    Figure 71. Manufacturing Cost Structure Analysis of Passenger Car Tire in 2022
    Figure 72. Manufacturing Process Analysis of Passenger Car Tire
    Figure 73. Industry Chain Structure of Passenger Car Tire
    Figure 74. Channels of Distribution
    Figure 75. Global Passenger Car Tire Sales Market Forecast by Region (2024-2029)
    Figure 76. Global Passenger Car Tire Revenue Market Share Forecast by Region (2024-2029)
    Figure 77. Global Passenger Car Tire Sales Market Share Forecast by Type (2024-2029)
    Figure 78. Global Passenger Car Tire Revenue Market Share Forecast by Type (2024-2029)
    Figure 79. Global Passenger Car Tire Sales Market Share Forecast by Application (2024-2029)
    Figure 80. Global Passenger Car Tire Revenue Market Share Forecast by Application (2024-2029)

Bridgestone
Goodyear
Deestone
Linglong International Tire
ZC Rubber
Michelin
Sumitomo Rubber
Continental
Giti Tire
Maxxis International

LP Information presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

• Primary Source
  Players/Suppliers
  Industry Experts
  Distributors/Traders
  Opinion Leaders
  Front-line Staff
  Marketing Executives

  Secondary Source
  Journals and Periodicals
  Government Bodies
  Annual Reports
  Presentations
  Paid Databases
  LPI Internal Repository

• Data Synthesis
  Information Gathering
  Collation of Data
  Estimation of Key Figures
  Analysis of Derived Insights

  Data Validation
  Triangulation with Data Models
  Reference Against Proprietary
  Databases
  Corroboration with Industry Experts

• Qualitative Analysis
  Market drivers
  Market challenges
  Market trends
  Five forces analysis

  Qualitative Analysis
  Market size and forecast
  Market segmentation
  Geographical insights
  Competitive landscape