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Thus, the new technology and innovation play an essential role in the entire automotive industry forcing the companies to rethink business models.Global Trends Impacting the Automotive Tyre SectorThe rapidly changing global economic scenario has created unprecedented times.

The main trends that could define the landscape for the automotive tyre sector include –Global supply chain disruption – Shifting global trade patterns, pushed by geopolitical shifts and COVID-19, has dramatically impacted the tyre industry.

Such factors and statistics directly impact the demand and consumption of tyres in the global market.A resilient aftermarket – As more people postpone buying new vehicles and use limited public transportation in the current pandemic scenario, repairs or sales of current and used vehicles could provide a window of opportunity for the automotive and automotive tyre market.Covid-19 has reduced traffic volume by nearly 40%Impose of lockdown and social distance policies by several states worldwide; there has been a noticeable decrease in traffic volume in the months of 2020.

The following four themes characterize possible actions for them:Localize to grow: As supply chains shift, India could expand its share in the global auto component trade to 4 to 5% by 2026, emphasizing a targeted export expansion and import substitution program for critical components.

Augmenting manufacturing capacity for these sectors could go a long way towards import substitution and a greater emphasis on Atmanirbhar Bharat  (self-reliant India).Optimize to become competitive: Consistent margin pressures have ensured that cost is a critical focus area for auto component manufacturers.

The adoption of analytics in supply chain optimization could cut inventory costs anywhere between 20 to 40%Engage With Us:- [email protected] Automotive Tyre Global Trade Analysis, 2015-2019  Table – Top 10 Importers of the Automotive Tyre (HS Code – 4011), USD ThousandImporters20152016201720182019World74,827,16871,884,32176,996,32082,231,87481,016,781United States of America 14,730,56213,722,28714,150,86415,269,98815,476,108Germany 6,317,1606,600,9526,823,0237,330,9026,599,787France 3,404,0173,196,7213,490,0453,873,6143,581,084Mexico 3,234,7292,861,7673,132,1753,281,8953,163,856Canada 3,119,3882,854,7883,055,5963,188,7243,060,954United Kingdom 2,534,9692,383,0382,747,3282,948,6622,756,621Netherlands 2,394,8342,405,3822,569,8462,674,6722,613,661Italy 2,116,4092,119,5822,157,5582,427,4522,356,864Australia 1,836,2031,819,6761,953,9392,146,9522,152,484Russian Federation 1,264,9601,300,7091,703,8441,887,5841,969,146Source: Trademap.orgTable – Top 10 Exporters of the Automotive Tyre (HS Code – 4011), USD ThousandExporters20152016201720182019World72,620,48370,374,23676,016,22780,960,33979,829,323China 13,848,93312,902,40314,166,55515,112,29014,804,334Germany 5,419,0705,532,9475,901,8456,044,6155,667,819Thailand 3,405,6673,555,6774,387,4884,908,0875,585,270Japan 5,387,4164,789,0284,846,4975,095,5485,170,536United States of America 5,096,1574,471,3794,656,7675,088,8894,974,755South Korea 3,372,0363,413,1273,437,7033,474,4193,312,012France 2,874,8522,516,8822,556,1752,763,3462,694,331Spain 2,087,2222,044,9742,212,5152,556,9262,389,237Netherlands 2,176,7632,311,4322,353,1952,297,0412,216,134Poland 2,014,2541,973,5812,139,4502,393,4812,147,046Source: Trademap.orgWorld Tyre Manufacturers - Market AnalysisNo.CompanyHeadquartersPresence in theworld (no ofcountries)No.

  UpMarketResearch offers a latest published report on “Global Automotive Tyre Market Industry Analysis and Forecast 2018-2025” delivering key insights and providing a competitive advantage to clients through a detailed report.

Get FREE Exclusive PDF Sample Copy of This Report @ https://www.upmarketresearch.com/home/requested_sample/7390 Automotive Tyre market research report delivers a close watch on leading competitors with strategic analysis, micro and macro market trend and scenarios, pricing analysis and a holistic overview of the market situations in the forecast period.

Further, key players, major collaborations, merger & acquisitions along with trending innovation and business policies are reviewed in the report.The scope of the report extends from market scenarios to comparative pricing between major players, cost and profit of the specified market regions.

The numerical data is backed up by statistical tools such as SWOT analysis, BCG matrix, SCOT analysis, PESTLE analysis and so on.

The statistics are represented in graphical format for a clear understanding on facts and figures.

The generated report is firmly based on primary research, interviews with top executives, news sources and information insiders.

The Global Automotive Tyre Market Report, with its in-depth industry analysis of the market, estimates the industry size bifurcated into segments and regions.

The Market report covers the regional, global and country level analysis with an exhaustive insight of the overall development prospects in the market.

Besides, it sheds light on comprehensive competitive landscape of global market.

The study supplementary offers dashboard outline of the major players encompassing their fruitful marketing plans, recent developments, market contribution etc.

in both historic and the present contexts.Why Automotive Tyre Report is Important to You:Automotive Tyre Market Research Report includes various topics that will brief you about total industry Size, Key Market Drivers, Challenges, Growth Opportunities, Industry Share, Growth, Demand, Outlook etc.

Furthermore, it covers Covid-19 Impact , key market updates, the impact of regulations and technological updates in.

In this blog, we share the most common reasons for getting a flat tyre and what you can do to minimize the hassle - and cost - of replacing a tyre.

Visit us at EINT to find great solutions to your tyre problems; we are the place where you can buy a range of high-class nison tyres, lubricants, and automotive parts and much more; we are your partners if you are looking for a tyre change, deciding the right lubricant for your vehicle and other services.

Visit us at EINT to find great solutions to your tyre problems; we are the place where you can buy a range of high-class nison tyres, lubricants, and automotive parts and much more; we are your partners if you are looking for a tyre change, deciding the right lubricant for your vehicle and other services.

Tyre balancing and wheel adjustment are some of the most basic measures to have done to your vehicle regularly.

Having tyre balancing and wheel alignment done can save you a lot of repair expenses in the long run.

When you buy new car tyres in Warrington, you may consider doing a wheel alignment.

Car owners who do not get tyre balancing done regularly could end up creating major damage to their car over time.

Though, tyre balancing can be done by a certified auto technician or professional.

This is not an easy task that is suggested for you to do it yourself, except you are skilled enough.