Report Description

Global run flat tire market is expected to grow at a steady rate during the forecast period. The global run flat tire market is driven by the growing safety and security concerns pertaining to road safety. The run flat tires help in reducing the risks of road accidents and collisions. This in turn is expected to propel the market through 2028. Additionally, growing use of run flat tires as a necessary fitment accessory is further expected to spur the market. Moreover, increasing technological advancements and new product launches by the major OEMs is expected to create lucrative opportunities for the market growth over the next few years. However, growing use of self-healing technology can hamper the market growth during the forecast period. Besides, adhering to the labeling standards of run flat tires can further restrict the market growth through 2028.

The global run flat tire market is segmented based on vehicle type, tire type, rim size, sales channel, application, company, and region. Based on vehicle type, the market can be categorized into passenger cars, LCV and HCV. The passenger cars segment is expected to dominate the market through 2028. This can be ascribed to the growing production and sales of passenger cars. Based on application, the market can be fragmented into military, VIP cars, high value cargo carriers and others. The military segment is expected to dominate the market owing to the widespread use of these tires in military vehicles.

Regionally, the run flat tire market has been segmented into various regions including Asia-Pacific, North America, South America, Europe, and Middle East & Africa. North America is expected to dominate the overall run flat tire market on account of the widespread use of run flat tires in the military vehicles.

The major players operating in the run flat tire market are Michelin, Goodyear Tire and Rubber Company, Pirelli, Continental AG, Dunlop, Bridgestone, Kumho, Sumitomo Rubber Industries, Ltd., The Yokohama Rubber Co. Ltd., Hankook and others. Major companies are developing advanced technologies and launching new services in order to stay competitive in the market. Other competitive strategies include mergers & acquisitions and new service developments.


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Objective of the Study:

  • To analyze and estimate the market size of global run flat tire market from 2018 to 2021.
  • To estimate and forecast the market size of global run flat tire market from 2022 to 2028 and growth rate until 2028.
  • To classify and forecast global run flat tire market based on vehicle type, tire type, rim size, sales channel, application, company and regional distribution.
  • To identify dominant region or segment in the global run flat tire market.
  • To identify drivers and challenges for global run flat tire market.
  • To examine competitive developments such as expansions, new product launches, mergers & acquisitions, etc., in global run flat tire market.
  • To identify and analyze the profile of leading players operating in global run flat tire market.
  • To identify key sustainable strategies adopted by market players in global run flat tire market. 

TechSci Research performed both primary as well as exhaustive secondary research for this study. Initially, TechSci Research sourced a list of manufacturers across the globe. Subsequently, TechSci Research conducted primary research surveys with the identified companies. While interviewing, the respondents were also enquired about their competitors. Through this technique, TechSci Research could include the manufacturers which could not be identified due to the limitations of secondary research. TechSci Research analyzed the manufacturers, distribution channels and presence of all major players across the globe.

TechSci Research calculated the market size of global run flat tire market using a bottom-up approach, wherein data for various end-user segments was recorded and forecast for the future years. TechSci Research sourced these values from the industry experts and company representatives and externally validated through analyzing historical data of these product types and applications for getting an appropriate, overall market size. Various secondary sources such as company websites, news articles, press releases, company annual reports, investor presentations and financial reports were also studied by TechSci Research.

Key Target Audience:

  • Run flat tire manufacturers/ suppliers/ distributors
  • Market research and consulting firms
  • Government bodies such as regulating authorities and policy makers
  • Organizations, forums and alliances related to run flat tire

The study is useful in providing answers to several critical questions that are important for the industry stakeholders such as manufacturers, suppliers and partners, end users, etc., besides allowing them in strategizing investments and capitalizing on market opportunities.

Attribute

Details

Base Year

2022

Historical Years

2018 – 2021

Estimated Year

2023

Forecast Period

2024 – 2028

Quantitative Units

Revenue in USD Million, Volume in Units, and CAGR for 2018-2022 and 2023-2028

Report Coverage

Revenue forecast, volume forecast, company share, competitive landscape, growth factors, and trends

Segments Covered

·         Vehicle Type

·         Tire Type

·         Rim Size

·         Sales Channel

·         Application

Regional Scope

North America; Asia Pacific; Europe & CIS; South America; Middle East & Africa

Country Scope

United States; Canada; Mexico; China; India; Japan; Malaysia; Thailand; Indonesia; Vietnam; South Korea; Germany; France; United Kingdom; Spain; Italy; Belgium; Russia; Brazil; Argentina; Colombia; Saudi Arabia; UAE; South Africa; Egypt

Key Companies Profiled

Michelin, Goodyear Tire and Rubber Company, Pirelli, Continental AG, Dunlop, Bridgestone, Kumho, Sumitomo Rubber Industries, Ltd., The Yokohama Rubber Co. Ltd., Hankook.

Customization Scope

10% free report customization with purchase. Addition or alteration to country, regional & segment scope.

Pricing and Purchase Options

Avail customized purchase options to meet your exact research needs. Explore purchase options

Delivery Format

PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)

 

Report Scope:

In this report, global run flat tire market has been segmented into following categories, in addition to the industry trends which have also been detailed below:

  • Global Run Flat Tire Market, By Vehicle Type:
    • Passenger Cars
    • LCV
    • HCV
  • Global Run Flat Tire Market, By Tire Type:
    • Self-Supporting Type
    • Support Ring Type
  • Global Run Flat Tire Market, By Rim Size:
    • 17 Inch
    • 18 Inch
    • 19 Inch
    • 20 Inch
    • 23 Inch
    • 24 Inch
    • Others
  • Global Run Flat Tire Market, By Sales Channel:
    • OEM
    • Aftermarket
  • Global Run Flat Tire Market, By Application:
    • Military
    • VIP Cars
    • High Value Cargo Carriers
    • Others
  • Global Run Flat Tire Market, By Region:
    • North America
      • United States
      • Canada
      • Mexico
    • Europe
      • Germany
      • France
      • United Kingdom
      • Italy
      • Spain
    • Asia-Pacific
      • China
      • Japan
      • India
      • South Korea
      • Australia
    • Middle East & Africa
      • South Africa
      • Saudi Arabia
      • UAE
      • Kuwait
    • South America
      • Brazil
      • Argentina
      • Colombia

Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in global run flat tire market.

Available Customizations:

With the given market data, TechSci Research offers customizations according to a company’s specific needs. The following customization options are available for the report:

Company Information

  • Detailed analysis and profiling of additional market players (up to five).

Global run flat tire market is an upcoming report to be released soon. If you wish an early delivery of this report or want to confirm the date of release, please contact us at [email protected]  

Table of content

1.    Product Overview

2.    Research Methodology

3.    Impact of COVID-19 on Global Run Flat Tire Market

4.    Executive Summary

5.    Voice of Customer

6.    Global Run Flat Tire Market Outlook

6.1.  Market Size & Forecast

6.1.1.     By Value & Volume

6.2.  Market Share & Forecast

6.2.1.     By Vehicle Type (Passenger Cars, LCV, HCV)

6.2.2.     By Tire Type (Self Supporting Type, Support Ring Type)

6.2.3.     By Rim Size (17 Inch, 18 Inch, 19 Inch, 20 Inch, 23 Inch, 24 Inch, Others)

6.2.4.     By Sales Channel (OEM v/s Aftermarket)

6.2.5.     By Application (Military, VIP Cars, High Value Cargo Carriers, Others)

6.2.6.     By Company (2022)

6.2.7.     By Region

6.3.  Market Attractiveness Index

7.    Asia-Pacific Run Flat Tire Market Outlook

7.1.  Market Size & Forecast          

7.1.1.     By Value & Volume

7.2.  Market Share & Forecast

7.2.1.     By Vehicle Type

7.2.2.     By Tire Type

7.2.3.     By Rim Size

7.2.4.     By Sales Channel

7.2.5.     By Application

7.2.6.     By Country

7.3.  Asia-Pacific: Country Analysis

7.3.1.     China Run Flat Tire Market Outlook

7.3.1.1.         Market Size & Forecast

7.3.1.1.1.             By Value & Volume

7.3.1.2.         Market Share & Forecast

7.3.1.2.1.             By Vehicle Type

7.3.1.2.2.             By Tire Type

7.3.1.2.3.             By Rim Size

7.3.1.2.4.             By Sales Channel

7.3.1.2.5.             By Application

7.3.2.     India Run Flat Tire Market Outlook

7.3.2.1.         Market Size & Forecast

7.3.2.1.1.             By Value & Volume

7.3.2.2.         Market Share & Forecast

7.3.2.2.1.             By Vehicle Type

7.3.2.2.2.             By Tire Type

7.3.2.2.3.             By Rim Size

7.3.2.2.4.             By Sales Channel

7.3.2.2.5.             By Application

7.3.3.     Australia Run Flat Tire Market Outlook

7.3.3.1.         Market Size & Forecast

7.3.3.1.1.             By Value & Volume

7.3.3.2.         Market Share & Forecast

7.3.3.2.1.             By Vehicle Type

7.3.3.2.2.             By Tire Type

7.3.3.2.3.             By Rim Size

7.3.3.2.4.             By Sales Channel

7.3.3.2.5.             By Application

7.3.4.     Japan Run Flat Tire Market Outlook

7.3.4.1.         Market Size & Forecast

7.3.4.1.1.             By Value & Volume

7.3.4.2.         Market Share & Forecast

7.3.4.2.1.             By Vehicle Type

7.3.4.2.2.             By Tire Type

7.3.4.2.3.             By Rim Size

7.3.4.2.4.             By Sales Channel

7.3.4.2.5.             By Application

7.3.5.     South Korea Run Flat Tire Market Outlook

7.3.5.1.         Market Size & Forecast

7.3.5.1.1.             By Value & Volume

7.3.5.2.         Market Share & Forecast

7.3.5.2.1.             By Vehicle Type

7.3.5.2.2.             By Tire Type

7.3.5.2.3.             By Rim Size

7.3.5.2.4.             By Sales Channel

7.3.5.2.5.             By Application

8.    Europe Run Flat Tire Market Outlook

8.1.  Market Size & Forecast          

8.1.1.     By Value & Volume

8.2.  Market Share & Forecast

8.2.1.     By Vehicle Type

8.2.2.     By Tire Type

8.2.3.     By Rim Size

8.2.4.     By Sales Channel

8.2.5.     By Application

8.2.6.     By Country

8.3.  Europe: Country Analysis

8.3.1.     France Run Flat Tire Market Outlook

8.3.1.1.         Market Size & Forecast

8.3.1.1.1.             By Value & Volume

8.3.1.2.         Market Share & Forecast

8.3.1.2.1.             By Vehicle Type

8.3.1.2.2.             By Tire Type

8.3.1.2.3.             By Rim Size

8.3.1.2.4.             By Sales Channel

8.3.1.2.5.             By Application

8.3.2.     Germany Run Flat Tire Market Outlook

8.3.2.1.         Market Size & Forecast

8.3.2.1.1.             By Value & Volume

8.3.2.2.         Market Share & Forecast

8.3.2.2.1.             By Vehicle Type

8.3.2.2.2.             By Tire Type

8.3.2.2.3.             By Rim Size

8.3.2.2.4.             By Sales Channel

8.3.2.2.5.             By Application

8.3.3.     United Kingdom Run Flat Tire Market Outlook

8.3.3.1.         Market Size & Forecast

8.3.3.1.1.             By Value & Volume

8.3.3.2.         Market Share & Forecast

8.3.3.2.1.             By Vehicle Type

8.3.3.2.2.             By Tire Type

8.3.3.2.3.             By Rim Size

8.3.3.2.4.             By Sales Channel

8.3.3.2.5.             By Application

8.3.4.     Italy Run Flat Tire Market Outlook

8.3.4.1.         Market Size & Forecast

8.3.4.1.1.             By Value & Volume

8.3.4.2.         Market Share & Forecast

8.3.4.2.1.             By Vehicle Type

8.3.4.2.2.             By Tire Type

8.3.4.2.3.             By Rim Size

8.3.4.2.4.             By Sales Channel

8.3.4.2.5.             By Application

8.3.5.     Spain Run Flat Tire Market Outlook

8.3.5.1.         Market Size & Forecast

8.3.5.1.1.             By Value & Volume

8.3.5.2.         Market Share & Forecast

8.3.5.2.1.             By Vehicle Type

8.3.5.2.2.             By Tire Type

8.3.5.2.3.             By Rim Size

8.3.5.2.4.             By Sales Channel

8.3.5.2.5.             By Application

9.    North America Run Flat Tire Market Outlook

9.1.  Market Size & Forecast          

9.1.1.     By Value & Volume

9.2.  Market Share & Forecast

9.2.1.     By Vehicle Type

9.2.2.     By Tire Type

9.2.3.     By Rim Size

9.2.4.     By Sales Channel

9.2.5.     By Application

9.2.6.     By Country

9.3.  North America: Country Analysis

9.3.1.     United States Run Flat Tire Market Outlook

9.3.1.1.         Market Size & Forecast

9.3.1.1.1.             By Value & Volume

9.3.1.2.         Market Share & Forecast

9.3.1.2.1.             By Vehicle Type

9.3.1.2.2.             By Tire Type

9.3.1.2.3.             By Rim Size

9.3.1.2.4.             By Sales Channel

9.3.1.2.5.             By Application

9.3.2.     Mexico Run Flat Tire Market Outlook

9.3.2.1.         Market Size & Forecast

9.3.2.1.1.             By Value & Volume

9.3.2.2.         Market Share & Forecast

9.3.2.2.1.             By Vehicle Type

9.3.2.2.2.             By Tire Type

9.3.2.2.3.             By Rim Size

9.3.2.2.4.             By Sales Channel

9.3.2.2.5.             By Application

9.3.3.     Canada Run Flat Tire Market Outlook

9.3.3.1.         Market Size & Forecast

9.3.3.1.1.             By Value & Volume

9.3.3.2.         Market Share & Forecast

9.3.3.2.1.             By Vehicle Type

9.3.3.2.2.             By Tire Type

9.3.3.2.3.             By Rim Size

9.3.3.2.4.             By Sales Channel

9.3.3.2.5.             By Application

10.  South America Run Flat Tire Market Outlook

10.1.              Market Size & Forecast

10.1.1.  By Value & Volume

10.2.              Market Share & Forecast

10.2.1.  By Vehicle Type

10.2.2.  By Tire Type

10.2.3.  By Rim Size

10.2.4.  By Sales Channel

10.2.5.  By Application

10.2.6.  By Country

10.3.              South America: Country Analysis

10.3.1.  Brazil Run Flat Tire Market Outlook

10.3.1.1.      Market Size & Forecast

10.3.1.1.1.           By Value & Volume

10.3.1.2.      Market Share & Forecast

10.3.1.2.1.           By Vehicle Type

10.3.1.2.2.           By Tire Type

10.3.1.2.3.           By Rim Size

10.3.1.2.4.           By Sales Channel

10.3.1.2.5.           By Application

10.3.2.  Argentina Run Flat Tire Market Outlook

10.3.2.1.      Market Size & Forecast

10.3.2.1.1.           By Value & Volume

10.3.2.2.      Market Share & Forecast

10.3.2.2.1.           By Vehicle Type

10.3.2.2.2.           By Tire Type

10.3.2.2.3.           By Rim Size

10.3.2.2.4.           By Sales Channel

10.3.2.2.5.           By Application

10.3.3.  Colombia Run Flat Tire Market Outlook

10.3.3.1.      Market Size & Forecast

10.3.3.1.1.           By Value & Volume

10.3.3.2.      Market Share & Forecast

10.3.3.2.1.           By Vehicle Type

10.3.3.2.2.           By Tire Type

10.3.3.2.3.           By Rim Size

10.3.3.2.4.           By Sales Channel

10.3.3.2.5.           By Application

11.  Middle East and Africa Run Flat Tire Market Outlook

11.1.              Market Size & Forecast

11.1.1.  By Value & Volume

11.2.              Market Share & Forecast

11.2.1.  By Vehicle Type

11.2.2.  By Tire Type

11.2.3.  By Rim Size

11.2.4.  By Sales Channel

11.2.5.  By Application

11.2.6.  By Country

11.3.              MEA: Country Analysis

11.3.1.  South Africa Run Flat Tire Market Outlook

11.3.1.1.      Market Size & Forecast

11.3.1.1.1.           By Value & Volume

11.3.1.2.      Market Share & Forecast

11.3.1.2.1.           By Vehicle Type

11.3.1.2.2.           By Tire Type

11.3.1.2.3.           By Rim Size

11.3.1.2.4.           By Sales Channel

11.3.1.2.5.           By Application

11.3.2.  Saudi Arabia Run Flat Tire Market Outlook

11.3.2.1.      Market Size & Forecast

11.3.2.1.1.           By Value & Volume

11.3.2.2.      Market Share & Forecast

11.3.2.2.1.           By Vehicle Type

11.3.2.2.2.           By Tire Type

11.3.2.2.3.           By Rim Size

11.3.2.2.4.           By Sales Channel

11.3.2.2.5.           By Application

11.3.3.  UAE Run Flat Tire Market Outlook

11.3.3.1.      Market Size & Forecast

11.3.3.1.1.           By Value & Volume

11.3.3.2.      Market Share & Forecast

11.3.3.2.1.           By Vehicle Type

11.3.3.2.2.           By Tire Type

11.3.3.2.3.           By Rim Size

11.3.3.2.4.           By Sales Channel

11.3.3.2.5.           By Application

11.3.4.  Kuwait Run Flat Tire Market Outlook

11.3.4.1.      Market Size & Forecast

11.3.4.1.1.           By Value & Volume

11.3.4.2.      Market Share & Forecast

11.3.4.2.1.           By Vehicle Type

11.3.4.2.2.           By Tire Type

11.3.4.2.3.           By Rim Size

11.3.4.2.4.           By Sales Channel

11.3.4.2.5.           By Application

12.  Market Dynamics

12.1.              Drivers

12.2.              Challenges

13.  Market Trends & Developments

14.  Competitive Landscape

14.1.              Michelin

14.2.              Goodyear Tire and Rubber Company

14.3.              Pirelli

14.4.              Continental AG

14.5.              Dunlop

14.6.              Bridgestone

14.7.              Kumho

14.8.              Sumitomo Rubber Industries, Ltd.

14.9.              The Yokohama Rubber Co. Ltd.

14.10.            Hankook

15.  Strategic Recommendations

16. About Us & Disclaimer

Figures and Tables

Frequently asked questions

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Growing safety and security concerns pertaining to road safety and increasing technological advancements and new product launches by the major OEMs are the primary factors driving the global run flat tire market.

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An increase in the use of self-healing technology may hinder the growth of the global run flat tire market.

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Michelin, Goodyear Tire and Rubber Company, Pirelli, Continental AG, Dunlop, Bridgestone, Kumho, Sumitomo Rubber Industries, Ltd., The Yokohama Rubber Co. Ltd., Hankook are some of the major market players of the global run flat tire market.

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Passenger cars dominate the market and are expected to maintain their dominance throughout the forecast period due to the increase in production and sales of automobiles and the growing expenditure capacity of consumers.

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Srishti Verma

Business Consultant
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