Automotive Tire OEM Market Share

Asia Pacific Market Forecast

Asia Pacific industry is set to account for largest revenue share of 40% by 2037, backed by the presence of a strong automobile network in the region, a growing number of vehicles, as well as the growing awareness amongst the automobile users for the automotive OEM tire. For instance, globally, China with 300 million motor vehicles, has the largest fleet of motor vehicles in 2022.

Frequently Asked Questions (FAQ)

In the year 2025, the industry size of automotive tire OEM is evaluated at USD 25.13 billion.

The automotive tire OEM market size was valued at USD 24.24 billion in 2024 and is expected to reach USD 43.5 billion by 2037, registering around 4.6% CAGR during the forecast period i.e., between 2025-2037. Increasing awareness about the performance of OE tires as well as rising investment for developing OE tires along with a surge in the demand for vehicles will drive the market growth.

Asia Pacific industry is set to account for largest revenue share of 40% by 2037, backed by presence of a strong automobile network in the region, a growing number of vehicles, as well as growing awareness amongst the automobile users for the automotive OEM tire.

The major players in the market are Goodyear Tire & Rubber Company, Yokohama Europe GmbH, Bridgestone Corporation, Pirelli & C. S.p.A., Giti Tire Pte Ltd., Continental AG, Falken Tyre Europe GmbH, Nitto Denko Corporation, Toyo Tire Corporation, JK Tyre & Industries Ltd.

Automotive Tire OEM Market Share