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Global Winter Tire Market by Size, by Type, by Application, by Region, History and Forecast 2019-2030

April 2024 | 136 pages | ID: GA6E14D2B146EN
APO Research

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Winter tires are tires designed for use in colder weather, snow and ice. Winter tires have more sipes than summer tires, increasing traction on snow and ice. Tires designed for winter conditions are optimized to drive at temperatures below 7 °C (45 °F). They are an alternative to the use of snow chains.

Winter tires are usually tires with a different rubber composition from all-weather (all-season) tires. Cold-weather tires include a greater percentage of natural rubber and silica so there is not as much hardening as found in synthetic rubber in cold conditions: they provide better traction at lower temperatures. Winter tires provide more small-tread areas, increasing traction on snow and, in wet conditions, allowing water to escape from under the tire more easily. This reduces the risk of hydroplaning. Snow/winter tires start to perform better than summer or all-season tires if temperature falls below 7C (45F), as the rubber compounds in the latter harden resulting to decreasing grip even on dry pavement Interestingly one achieves maximum grip on packed snow if the slippage/wheel spinis 40-50%, i.e. one should turn off the traction control in most modern cars for maximum traction.

Studded tires with metal pins that protrude from the tire can greatly reduce skidding and accidents on snow or ice-covered roads. In much of Scandinavia, Canada, and the US, winter tires may have metal studs to improve grip on packed snow or ice, but such tires are prohibited in certain other jurisdictions because of the damage they cause to the road surface.

A tire is a ring-shaped vehicle component that covers the wheel's rim to protect it and enable better vehicle performance. Most tires, such as those for automobiles and bicycles, provide traction between the vehicle and the road while providing a flexible cushion that absorbs shock.

The materials of modern pneumatic tires are synthetic rubber, natural rubber, fabric and wire, along with carbon black and other chemical compounds.

According to APO Research, The global Winter Tire market is projected to grow from US$ million in 2024 to US$ million by 2030, at a Compound Annual Growth Rate (CAGR) of % during the forecast period.

Global Winter Tire key players include Nokian Tyres, Apollo, Hankook, Goodyear, etc.

Europe is the largest market, followed by Russia, and North America.

In terms of product, Studless is the largest segment, with a share over 65%. And in terms of application, the largest application is Passenger tires, followed by Light truck/SUV tires, etc.

In terms of production side, this report researches the Winter Tire production, growth rate, market share by manufacturers and by region (region level and country level), from 2019 to 2024, and forecast to 2030.

In terms of consumption side, this report focuses on the sales of Winter Tire by region (region level and country level), by company, by type and by application. from 2019 to 2024 and forecast to 2030.

This report presents an overview of global market for Winter Tire, capacity, output, revenue and price. Analyses of the global market trends, with historic market revenue or sales data for 2019 - 2023, estimates for 2024, and projections of CAGR through 2030.

This report researches the key producers of Winter Tire, also provides the consumption of main regions and countries. Of the upcoming market potential for Winter Tire, and key regions or countries of focus to forecast this market into various segments and sub-segments. Country specific data and market value analysis for the U.S., Canada, Mexico, Brazil, China, Japan, South Korea, Southeast Asia, India, Germany, the U.K., Italy, Middle East, Africa, and Other Countries.

This report focuses on the Winter Tire sales, revenue, market share and industry ranking of main manufacturers, data from 2019 to 2024. Identification of the major stakeholders in the global Winter Tire market, and analysis of their competitive landscape and market positioning based on recent developments and segmental revenues. This report will help stakeholders to understand the competitive landscape and gain more insights and position their businesses and market strategies in a better way.

This report analyzes the segments data by type and by application, sales, revenue, and price, from 2019 to 2030. Evaluation and forecast the market size for Winter Tire sales, projected growth trends, production technology, application and end-user industry.

Descriptive company profiles of the major global players, including Bridgestone, Michelin, Continental, Goodyear, Nokian Tyres, Hankook, Nizhnekamskshina, Pirelli and Cooper Tire, etc.

Winter Tire segment by Company
  • Bridgestone
  • Michelin
  • Continental
  • Goodyear
  • Nokian Tyres
  • Hankook
  • Nizhnekamskshina
  • Pirelli
  • Cooper Tire
  • Yokohama
  • Toyo Tire
  • Kumho Tire
  • JSC Cordiant
  • Zhongce
  • GITI Tire
  • Triangle
  • Apollo
  • Cheng Shin
  • Nexen Tire
Winter Tire segment by Type
  • Studded
  • Studless
Winter Tire segment by Application
  • Passenger Tires
  • Light Truck/SUV Tires
  • Others
Winter Tire segment by Region
  • North America
  • U.S.
  • Canada
  • Europe
  • Germany
  • France
  • U.K.
  • Italy
  • Russia
  • Asia-Pacific
  • China
  • Japan
  • South Korea
  • India
  • Australia
  • China Taiwan
  • Indonesia
  • Thailand
  • Malaysia
  • Latin America
  • Mexico
  • Brazil
  • Argentina
  • Middle East & Africa
  • Turkey
  • Saudi Arabia
  • UAE
Study Objectives

1. To analyze and research the global status and future forecast, involving, production, value, consumption, growth rate (CAGR), market share, historical and forecast.

2. To present the key manufacturers, capacity, production, revenue, market share, and Recent Developments.

3. To split the breakdown data by regions, type, manufacturers, and Application.

4. To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints, and risks.

5. To identify significant trends, drivers, influence factors in global and regions.

6. To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.

Reasons to Buy This Report

1. This report will help the readers to understand the competition within the industries and strategies for the competitive environment to enhance the potential profit. The report also focuses on the competitive landscape of the global Winter Tire market, and introduces in detail the market share, industry ranking, competitor ecosystem, market performance, new product development, operation situation, expansion, and acquisition. etc. of the main players, which helps the readers to identify the main competitors and deeply understand the competition pattern of the market.

2. This report will help stakeholders to understand the global industry status and trends of Winter Tire and provides them with information on key market drivers, restraints, challenges, and opportunities.

3. This report will help stakeholders to understand competitors better and gain more insights to strengthen their position in their businesses. The competitive landscape section includes the market share and rank (in volume and value), competitor ecosystem, new product development, expansion, and acquisition.

4. This report stays updated with novel technology integration, features, and the latest developments in the market.

5. This report helps stakeholders to gain insights into which regions to target globally.

6. This report helps stakeholders to gain insights into the end-user perception concerning the adoption of Winter Tire.

7. This report helps stakeholders to identify some of the key players in the market and understand their valuable contribution.

Chapter Outline

Chapter 1: Provides an overview of the Winter Tire market, including product definition, global market growth prospects, production value, capacity, and average price forecasts (2019-2030).

Chapter 2: Analysis key trends, drivers, challenges, and opportunities within the global Winter Tire industry.

Chapter 3: Detailed analysis of Winter Tire market competition landscape. Including Winter Tire manufacturers' output value, output and average price from 2019 to 2024, as well as competition analysis indicators such as origin, product type, application, merger and acquisition information, etc.

Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.

Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.

Chapter 6: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product production/output, value, price, gross margin, product introduction, recent development, etc.

Chapter 7: Production/Production Value of Winter Tire by region. It provides a quantitative analysis of the market size and development potential of each region in the next six years.

Chapter 8: Consumption of Winter Tire in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and production of each country in the world.

Chapter 9: Analysis of industrial chain, including the upstream and downstream of the industry.

Chapter 10: Concluding Insights of the report.
1 MARKET OVERVIEW

1.1 Product Definition
1.2 Global Market Growth Prospects
  1.2.1 Global Winter Tire Production Value Estimates and Forecasts (2019-2030)
  1.2.2 Global Winter Tire Production Capacity Estimates and Forecasts (2019-2030)
  1.2.3 Global Winter Tire Production Estimates and Forecasts (2019-2030)
  1.2.4 Global Winter Tire Market Average Price (2019-2030)
1.3 Assumptions and Limitations
1.4 Study Goals and Objectives

2 GLOBAL WINTER TIRE MARKET DYNAMICS

2.1 Winter Tire Industry Trends
2.2 Winter Tire Industry Drivers
2.3 Winter Tire Industry Opportunities and Challenges
2.4 Winter Tire Industry Restraints

3 WINTER TIRE MARKET BY MANUFACTURERS

3.1 Global Winter Tire Production Value by Manufacturers (2019-2024)
3.2 Global Winter Tire Production by Manufacturers (2019-2024)
3.3 Global Winter Tire Average Price by Manufacturers (2019-2024)
3.4 Global Winter Tire Industry Manufacturers Ranking, 2022 VS 2023 VS 2024
3.5 Global Winter Tire Key Manufacturers Manufacturing Sites & Headquarters
3.6 Global Winter Tire Manufacturers, Product Type & Application
3.7 Global Winter Tire Manufacturers Commercialization Time
3.8 Market Competitive Analysis
  3.8.1 Global Winter Tire Market CR5 and HHI
  3.8.2 Global Top 5 and 10 Winter Tire Players Market Share by Production Value in 2023
  3.8.3 2023 Winter Tire Tier 1, Tier 2, and Tier

4 WINTER TIRE MARKET BY TYPE

4.1 Winter Tire Type Introduction
  4.1.1 Studded
  4.1.2 Studless
4.2 Global Winter Tire Production by Type
  4.2.1 Global Winter Tire Production by Type (2019 VS 2023 VS 2030)
  4.2.2 Global Winter Tire Production by Type (2019-2030)
  4.2.3 Global Winter Tire Production Market Share by Type (2019-2030)
4.3 Global Winter Tire Production Value by Type
  4.3.1 Global Winter Tire Production Value by Type (2019 VS 2023 VS 2030)
  4.3.2 Global Winter Tire Production Value by Type (2019-2030)
  4.3.3 Global Winter Tire Production Value Market Share by Type (2019-2030)

5 WINTER TIRE MARKET BY APPLICATION

5.1 Winter Tire Application Introduction
  5.1.1 Passenger Tires
  5.1.2 Light Truck/SUV Tires
  5.1.3 Others
5.2 Global Winter Tire Production by Application
  5.2.1 Global Winter Tire Production by Application (2019 VS 2023 VS 2030)
  5.2.2 Global Winter Tire Production by Application (2019-2030)
  5.2.3 Global Winter Tire Production Market Share by Application (2019-2030)
5.3 Global Winter Tire Production Value by Application
  5.3.1 Global Winter Tire Production Value by Application (2019 VS 2023 VS 2030)
  5.3.2 Global Winter Tire Production Value by Application (2019-2030)
  5.3.3 Global Winter Tire Production Value Market Share by Application (2019-2030)

6 COMPANY PROFILES

6.1 Bridgestone
  6.1.1 Bridgestone Comapny Information
  6.1.2 Bridgestone Business Overview
  6.1.3 Bridgestone Winter Tire Production, Value and Gross Margin (2019-2024)
  6.1.4 Bridgestone Winter Tire Product Portfolio
  6.1.5 Bridgestone Recent Developments
6.2 Michelin
  6.2.1 Michelin Comapny Information
  6.2.2 Michelin Business Overview
  6.2.3 Michelin Winter Tire Production, Value and Gross Margin (2019-2024)
  6.2.4 Michelin Winter Tire Product Portfolio
  6.2.5 Michelin Recent Developments
6.3 Continental
  6.3.1 Continental Comapny Information
  6.3.2 Continental Business Overview
  6.3.3 Continental Winter Tire Production, Value and Gross Margin (2019-2024)
  6.3.4 Continental Winter Tire Product Portfolio
  6.3.5 Continental Recent Developments
6.4 Goodyear
  6.4.1 Goodyear Comapny Information
  6.4.2 Goodyear Business Overview
  6.4.3 Goodyear Winter Tire Production, Value and Gross Margin (2019-2024)
  6.4.4 Goodyear Winter Tire Product Portfolio
  6.4.5 Goodyear Recent Developments
6.5 Nokian Tyres
  6.5.1 Nokian Tyres Comapny Information
  6.5.2 Nokian Tyres Business Overview
  6.5.3 Nokian Tyres Winter Tire Production, Value and Gross Margin (2019-2024)
  6.5.4 Nokian Tyres Winter Tire Product Portfolio
  6.5.5 Nokian Tyres Recent Developments
6.6 Hankook
  6.6.1 Hankook Comapny Information
  6.6.2 Hankook Business Overview
  6.6.3 Hankook Winter Tire Production, Value and Gross Margin (2019-2024)
  6.6.4 Hankook Winter Tire Product Portfolio
  6.6.5 Hankook Recent Developments
6.7 Nizhnekamskshina
  6.7.1 Nizhnekamskshina Comapny Information
  6.7.2 Nizhnekamskshina Business Overview
  6.7.3 Nizhnekamskshina Winter Tire Production, Value and Gross Margin (2019-2024)
  6.7.4 Nizhnekamskshina Winter Tire Product Portfolio
  6.7.5 Nizhnekamskshina Recent Developments
6.8 Pirelli
  6.8.1 Pirelli Comapny Information
  6.8.2 Pirelli Business Overview
  6.8.3 Pirelli Winter Tire Production, Value and Gross Margin (2019-2024)
  6.8.4 Pirelli Winter Tire Product Portfolio
  6.8.5 Pirelli Recent Developments
6.9 Cooper Tire
  6.9.1 Cooper Tire Comapny Information
  6.9.2 Cooper Tire Business Overview
  6.9.3 Cooper Tire Winter Tire Production, Value and Gross Margin (2019-2024)
  6.9.4 Cooper Tire Winter Tire Product Portfolio
  6.9.5 Cooper Tire Recent Developments
6.10 Yokohama
  6.10.1 Yokohama Comapny Information
  6.10.2 Yokohama Business Overview
  6.10.3 Yokohama Winter Tire Production, Value and Gross Margin (2019-2024)
  6.10.4 Yokohama Winter Tire Product Portfolio
  6.10.5 Yokohama Recent Developments
6.11 Toyo Tire
  6.11.1 Toyo Tire Comapny Information
  6.11.2 Toyo Tire Business Overview
  6.11.3 Toyo Tire Winter Tire Production, Value and Gross Margin (2019-2024)
  6.11.4 Toyo Tire Winter Tire Product Portfolio
  6.11.5 Toyo Tire Recent Developments
6.12 Kumho Tire
  6.12.1 Kumho Tire Comapny Information
  6.12.2 Kumho Tire Business Overview
  6.12.3 Kumho Tire Winter Tire Production, Value and Gross Margin (2019-2024)
  6.12.4 Kumho Tire Winter Tire Product Portfolio
  6.12.5 Kumho Tire Recent Developments
6.13 JSC Cordiant
  6.13.1 JSC Cordiant Comapny Information
  6.13.2 JSC Cordiant Business Overview
  6.13.3 JSC Cordiant Winter Tire Production, Value and Gross Margin (2019-2024)
  6.13.4 JSC Cordiant Winter Tire Product Portfolio
  6.13.5 JSC Cordiant Recent Developments
6.14 Zhongce
  6.14.1 Zhongce Comapny Information
  6.14.2 Zhongce Business Overview
  6.14.3 Zhongce Winter Tire Production, Value and Gross Margin (2019-2024)
  6.14.4 Zhongce Winter Tire Product Portfolio
  6.14.5 Zhongce Recent Developments
6.15 GITI Tire
  6.15.1 GITI Tire Comapny Information
  6.15.2 GITI Tire Business Overview
  6.15.3 GITI Tire Winter Tire Production, Value and Gross Margin (2019-2024)
  6.15.4 GITI Tire Winter Tire Product Portfolio
  6.15.5 GITI Tire Recent Developments
6.16 Triangle
  6.16.1 Triangle Comapny Information
  6.16.2 Triangle Business Overview
  6.16.3 Triangle Winter Tire Production, Value and Gross Margin (2019-2024)
  6.16.4 Triangle Winter Tire Product Portfolio
  6.16.5 Triangle Recent Developments
6.17 Apollo
  6.17.1 Apollo Comapny Information
  6.17.2 Apollo Business Overview
  6.17.3 Apollo Winter Tire Production, Value and Gross Margin (2019-2024)
  6.17.4 Apollo Winter Tire Product Portfolio
  6.17.5 Apollo Recent Developments
6.18 Cheng Shin
  6.18.1 Cheng Shin Comapny Information
  6.18.2 Cheng Shin Business Overview
  6.18.3 Cheng Shin Winter Tire Production, Value and Gross Margin (2019-2024)
  6.18.4 Cheng Shin Winter Tire Product Portfolio
  6.18.5 Cheng Shin Recent Developments
6.19 Nexen Tire
  6.19.1 Nexen Tire Comapny Information
  6.19.2 Nexen Tire Business Overview
  6.19.3 Nexen Tire Winter Tire Production, Value and Gross Margin (2019-2024)
  6.19.4 Nexen Tire Winter Tire Product Portfolio
  6.19.5 Nexen Tire Recent Developments

7 GLOBAL WINTER TIRE PRODUCTION BY REGION

7.1 Global Winter Tire Production by Region: 2019 VS 2023 VS 2030
7.2 Global Winter Tire Production by Region (2019-2030)
  7.2.1 Global Winter Tire Production by Region: 2019-2024
  7.2.2 Global Winter Tire Production by Region (2025-2030)
7.3 Global Winter Tire Production by Region: 2019 VS 2023 VS 2030
7.4 Global Winter Tire Production Value by Region (2019-2030)
  7.4.1 Global Winter Tire Production Value by Region: 2019-2024
  7.4.2 Global Winter Tire Production Value by Region (2025-2030)
7.5 Global Winter Tire Market Price Analysis by Region (2019-2024)
7.6 Regional Production Value Trends (2019-2030)
  7.6.1 North America Winter Tire Production Value (2019-2030)
  7.6.2 Europe Winter Tire Production Value (2019-2030)
  7.6.3 Asia-Pacific Winter Tire Production Value (2019-2030)
  7.6.4 Latin America Winter Tire Production Value (2019-2030)
  7.6.5 Middle East & Africa Winter Tire Production Value (2019-2030)

8 GLOBAL WINTER TIRE CONSUMPTION BY REGION

8.1 Global Winter Tire Consumption by Region: 2019 VS 2023 VS 2030
8.2 Global Winter Tire Consumption by Region (2019-2030)
  8.2.1 Global Winter Tire Consumption by Region (2019-2024)
  8.2.2 Global Winter Tire Consumption by Region (2025-2030)
8.3 North America
  8.3.1 North America Winter Tire Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
  8.3.2 North America Winter Tire Consumption by Country (2019-2030)
  8.3.3 U.S.
  8.3.4 Canada
8.4 Europe
  8.4.1 Europe Winter Tire Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
  8.4.2 Europe Winter Tire Consumption by Country (2019-2030)
  8.4.3 Germany
  8.4.4 France
  8.4.5 U.K.
  8.4.6 Italy
  8.4.7 Netherlands
8.5 Asia Pacific
  8.5.1 Asia Pacific Winter Tire Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
  8.5.2 Asia Pacific Winter Tire Consumption by Country (2019-2030)
  8.5.3 China
  8.5.4 Japan
  8.5.5 South Korea
  8.5.6 Southeast Asia
  8.5.7 India
  8.5.8 Australia
8.6 LAMEA
  8.6.1 LAMEA Winter Tire Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
  8.6.2 LAMEA Winter Tire Consumption by Country (2019-2030)
  8.6.3 Mexico
  8.6.4 Brazil
  8.6.5 Turkey
  8.6.6 GCC Countries

9 VALUE CHAIN AND SALES CHANNELS ANALYSIS

9.1 Winter Tire Value Chain Analysis
  9.1.1 Winter Tire Key Raw Materials
  9.1.2 Raw Materials Key Suppliers
  9.1.3 Manufacturing Cost Structure
  9.1.4 Winter Tire Production Mode & Process
9.2 Winter Tire Sales Channels Analysis
  9.2.1 Direct Comparison with Distribution Share
  9.2.2 Winter Tire Distributors
  9.2.3 Winter Tire Customers

10 CONCLUDING INSIGHTS

11 APPENDIX

11.1 Reasons for Doing This Study
11.2 Research Methodology
11.3 Research Process
11.4 Authors List of This Report
11.5 Data Source
  11.5.1 Secondary Sources
  11.5.2 Primary Sources
11.6 Disclaimer


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