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.
Market Analysis and Insights: Global Winter Tire Market
Due to the COVID-19 pandemic, the global Winter Tire market size is estimated to be worth US$ 12450 million in 2022 and is forecast to a readjusted size of US$ 14320 million by 2029 with a CAGR of 2.0% during the forecast period 2023-2029. Fully considering the economic change by this health crisis, Studded accounting for % of the Winter Tire global market in 2022, is projected to value US$ million by 2029, growing at a revised % CAGR from 2023 to 2029. While Passenger Tires segment is altered to an % CAGR throughout this 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.
Global Winter Tire Scope and Market Size
The global Winter Tire market is segmented by company, region (country), type and application. Players, stakeholders, and other participants in the global Winter Tire market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on sales, revenue and forecast by region (country), type and application for the period 2018-2029.
Segment by Type
1 Winter Tire Market Overview
1.1 Winter Tire Product Scope
1.2 Winter Tire Segment by Type
1.2.1 Global Winter Tire Sales by Type (2018 & 2022 & 2029)
1.2.2 Studded
1.2.3 Studless
1.3 Winter Tire Segment by Application
1.3.1 Global Winter Tire Sales Comparison by Application (2018 & 2022 & 2029)
1.3.2 Passenger Tires
1.3.3 Light Truck/SUV Tires
1.3.4 Others
1.4 Winter Tire Market Estimates and Forecasts (2018-2029)
1.4.1 Global Winter Tire Market Size in Value Growth Rate (2018-2029)
1.4.2 Global Winter Tire Market Size in Volume Growth Rate (2018-2029)
1.4.3 Global Winter Tire Price Trends (2018-2029)
2 Winter Tire Estimates and Forecasts by Region
2.1 Global Winter Tire Market Size by Region: 2018 VS 2022 VS 2029
2.2 Global Winter Tire Retrospective Market Scenario by Region (2018-2023)
2.2.1 Global Winter Tire Sales Market Share by Region (2018-2023)
2.2.2 Global Winter Tire Revenue Market Share by Region (2018-2023)
2.3 Global Winter Tire Market Estimates and Forecasts by Region (2024-2029)
2.3.1 Global Winter Tire Sales Estimates and Forecasts by Region (2024-2029)
2.3.2 Global Winter Tire Revenue Forecast by Region (2024-2029)
2.4 Geographic Market Analysis: Market Facts & Figures
2.4.1 United States Winter Tire Estimates and Projections (2018-2029)
2.4.2 Europe Winter Tire Estimates and Projections (2018-2029)
2.4.3 China Winter Tire Estimates and Projections (2018-2029)
2.4.4 Japan Winter Tire Estimates and Projections (2018-2029)
2.4.5 Southeast Asia Winter Tire Estimates and Projections (2018-2029)
2.4.6 India Winter Tire Estimates and Projections (2018-2029)
3 Global Winter Tire Competition Landscape by Players
3.1 Global Top Winter Tire Players by Sales (2018-2023)
3.2 Global Top Winter Tire Players by Revenue (2018-2023)
3.3 Global Winter Tire Market Share by Company Type (Tier 1, Tier 2 and Tier 3) & (based on the Revenue in Winter Tire as of 2022)
3.4 Global Winter Tire Average Price by Company (2018-2023)
3.5 Manufacturers Winter Tire Manufacturing Sites, Area Served, Product Type
3.6 Manufacturers Mergers & Acquisitions, Expansion Plans
4 Global Winter Tire Market Size by Type
4.1 Global Winter Tire Historic Market Review by Type (2018-2023)
4.1.1 Global Winter Tire Sales by Type (2018-2023)
4.1.2 Global Winter Tire Revenue by Type (2018-2023)
4.1.3 Global Winter Tire Price by Type (2018-2023)
4.2 Global Winter Tire Market Estimates and Forecasts by Type (2024-2029)
4.2.1 Global Winter Tire Sales Forecast by Type (2024-2029)
4.2.2 Global Winter Tire Revenue Forecast by Type (2024-2029)
4.2.3 Global Winter Tire Price Forecast by Type (2024-2029)
5 Global Winter Tire Market Size by Application
5.1 Global Winter Tire Historic Market Review by Application (2018-2023)
5.1.1 Global Winter Tire Sales by Application (2018-2023)
5.1.2 Global Winter Tire Revenue by Application (2018-2023)
5.1.3 Global Winter Tire Price by Application (2018-2023)
5.2 Global Winter Tire Market Estimates and Forecasts by Application (2024-2029)
5.2.1 Global Winter Tire Sales Forecast by Application (2024-2029)
5.2.2 Global Winter Tire Revenue Forecast by Application (2024-2029)
5.2.3 Global Winter Tire Price Forecast by Application (2024-2029)
6 United States Winter Tire Market Facts & Figures
6.1 United States Winter Tire Sales by Company
6.1.1 United States Winter Tire Sales by Company (2018-2023)
6.1.2 United States Winter Tire Revenue by Company (2018-2023)
6.2 United States Winter Tire Sales Breakdown by Type
6.2.1 United States Winter Tire Sales Breakdown by Type (2018-2023)
6.2.2 United States Winter Tire Sales Breakdown by Type (2024-2029)
6.3 United States Winter Tire Sales Breakdown by Application
6.3.1 United States Winter Tire Sales Breakdown by Application (2018-2023)
6.3.2 United States Winter Tire Sales Breakdown by Application (2024-2029)
7 Europe Winter Tire Market Facts & Figures
7.1 Europe Winter Tire Sales by Company
7.1.1 Europe Winter Tire Sales by Company (2018-2023)
7.1.2 Europe Winter Tire Revenue by Company (2018-2023)
7.2 Europe Winter Tire Sales Breakdown by Type
7.2.1 Europe Winter Tire Sales Breakdown by Type (2018-2023)
7.2.2 Europe Winter Tire Sales Breakdown by Type (2024-2029)
7.3 Europe Winter Tire Sales Breakdown by Application
7.3.1 Europe Winter Tire Sales Breakdown by Application (2018-2023)
7.3.2 Europe Winter Tire Sales Breakdown by Application (2024-2029)
8 China Winter Tire Market Facts & Figures
8.1 China Winter Tire Sales by Company
8.1.1 China Winter Tire Sales by Company (2018-2023)
8.1.2 China Winter Tire Revenue by Company (2018-2023)
8.2 China Winter Tire Sales Breakdown by Type
8.2.1 China Winter Tire Sales Breakdown by Type (2018-2023)
8.2.2 China Winter Tire Sales Breakdown by Type (2024-2029)
8.3 China Winter Tire Sales Breakdown by Application
8.3.1 China Winter Tire Sales Breakdown by Application (2018-2023)
8.3.2 China Winter Tire Sales Breakdown by Application (2024-2029)
9 Japan Winter Tire Market Facts & Figures
9.1 Japan Winter Tire Sales by Company
9.1.1 Japan Winter Tire Sales by Company (2018-2023)
9.1.2 Japan Winter Tire Revenue by Company (2018-2023)
9.2 Japan Winter Tire Sales Breakdown by Type
9.2.1 Japan Winter Tire Sales Breakdown by Type (2018-2023)
9.2.2 Japan Winter Tire Sales Breakdown by Type (2024-2029)
9.3 Japan Winter Tire Sales Breakdown by Application
9.3.1 Japan Winter Tire Sales Breakdown by Application (2018-2023)
9.3.2 Japan Winter Tire Sales Breakdown by Application (2024-2029)
10 Southeast Asia Winter Tire Market Facts & Figures
10.1 Southeast Asia Winter Tire Sales by Company
10.1.1 Southeast Asia Winter Tire Sales by Company (2018-2023)
10.1.2 Southeast Asia Winter Tire Revenue by Company (2018-2023)
10.2 Southeast Asia Winter Tire Sales Breakdown by Type
10.2.1 Southeast Asia Winter Tire Sales Breakdown by Type (2018-2023)
10.2.2 Southeast Asia Winter Tire Sales Breakdown by Type (2024-2029)
10.3 Southeast Asia Winter Tire Sales Breakdown by Application
10.3.1 Southeast Asia Winter Tire Sales Breakdown by Application (2018-2023)
10.3.2 Southeast Asia Winter Tire Sales Breakdown by Application (2024-2029)
11 India Winter Tire Market Facts & Figures
11.1 India Winter Tire Sales by Company
11.1.1 India Winter Tire Sales by Company (2018-2023)
11.1.2 India Winter Tire Revenue by Company (2018-2023)
11.2 India Winter Tire Sales Breakdown by Type
11.2.1 India Winter Tire Sales Breakdown by Type (2018-2023)
11.2.2 India Winter Tire Sales Breakdown by Type (2024-2029)
11.3 India Winter Tire Sales Breakdown by Application
11.3.1 India Winter Tire Sales Breakdown by Application (2018-2023)
11.3.2 India Winter Tire Sales Breakdown by Application (2024-2029)
12 Company Profiles and Key Figures in Winter Tire Business
12.1 Bridgestone
12.1.1 Bridgestone Corporation Information
12.1.2 Bridgestone Business Overview
12.1.3 Bridgestone Winter Tire Sales, Revenue and Gross Margin (2018-2023)
12.1.4 Bridgestone Winter Tire Products Offered
12.1.5 Bridgestone Recent Development
12.2 Michelin
12.2.1 Michelin Corporation Information
12.2.2 Michelin Business Overview
12.2.3 Michelin Winter Tire Sales, Revenue and Gross Margin (2018-2023)
12.2.4 Michelin Winter Tire Products Offered
12.2.5 Michelin Recent Development
12.3 Continental
12.3.1 Continental Corporation Information
12.3.2 Continental Business Overview
12.3.3 Continental Winter Tire Sales, Revenue and Gross Margin (2018-2023)
12.3.4 Continental Winter Tire Products Offered
12.3.5 Continental Recent Development
12.4 Goodyear
12.4.1 Goodyear Corporation Information
12.4.2 Goodyear Business Overview
12.4.3 Goodyear Winter Tire Sales, Revenue and Gross Margin (2018-2023)
12.4.4 Goodyear Winter Tire Products Offered
12.4.5 Goodyear Recent Development
12.5 Nokian Tyres
12.5.1 Nokian Tyres Corporation Information
12.5.2 Nokian Tyres Business Overview
12.5.3 Nokian Tyres Winter Tire Sales, Revenue and Gross Margin (2018-2023)
12.5.4 Nokian Tyres Winter Tire Products Offered
12.5.5 Nokian Tyres Recent Development
12.6 Hankook
12.6.1 Hankook Corporation Information
12.6.2 Hankook Business Overview
12.6.3 Hankook Winter Tire Sales, Revenue and Gross Margin (2018-2023)
12.6.4 Hankook Winter Tire Products Offered
12.6.5 Hankook Recent Development
12.7 Nizhnekamskshina
12.7.1 Nizhnekamskshina Corporation Information
12.7.2 Nizhnekamskshina Business Overview
12.7.3 Nizhnekamskshina Winter Tire Sales, Revenue and Gross Margin (2018-2023)
12.7.4 Nizhnekamskshina Winter Tire Products Offered
12.7.5 Nizhnekamskshina Recent Development
12.8 Pirelli
12.8.1 Pirelli Corporation Information
12.8.2 Pirelli Business Overview
12.8.3 Pirelli Winter Tire Sales, Revenue and Gross Margin (2018-2023)
12.8.4 Pirelli Winter Tire Products Offered
12.8.5 Pirelli Recent Development
12.9 Cooper Tire
12.9.1 Cooper Tire Corporation Information
12.9.2 Cooper Tire Business Overview
12.9.3 Cooper Tire Winter Tire Sales, Revenue and Gross Margin (2018-2023)
12.9.4 Cooper Tire Winter Tire Products Offered
12.9.5 Cooper Tire Recent Development
12.10 Yokohama
12.10.1 Yokohama Corporation Information
12.10.2 Yokohama Business Overview
12.10.3 Yokohama Winter Tire Sales, Revenue and Gross Margin (2018-2023)
12.10.4 Yokohama Winter Tire Products Offered
12.10.5 Yokohama Recent Development
12.11 Toyo Tire
12.11.1 Toyo Tire Corporation Information
12.11.2 Toyo Tire Business Overview
12.11.3 Toyo Tire Winter Tire Sales, Revenue and Gross Margin (2018-2023)
12.11.4 Toyo Tire Winter Tire Products Offered
12.11.5 Toyo Tire Recent Development
12.12 Kumho Tire
12.12.1 Kumho Tire Corporation Information
12.12.2 Kumho Tire Business Overview
12.12.3 Kumho Tire Winter Tire Sales, Revenue and Gross Margin (2018-2023)
12.12.4 Kumho Tire Winter Tire Products Offered
12.12.5 Kumho Tire Recent Development
12.13 JSC Cordiant
12.13.1 JSC Cordiant Corporation Information
12.13.2 JSC Cordiant Business Overview
12.13.3 JSC Cordiant Winter Tire Sales, Revenue and Gross Margin (2018-2023)
12.13.4 JSC Cordiant Winter Tire Products Offered
12.13.5 JSC Cordiant Recent Development
12.14 Zhongce
12.14.1 Zhongce Corporation Information
12.14.2 Zhongce Business Overview
12.14.3 Zhongce Winter Tire Sales, Revenue and Gross Margin (2018-2023)
12.14.4 Zhongce Winter Tire Products Offered
12.14.5 Zhongce Recent Development
12.15 GITI Tire
12.15.1 GITI Tire Corporation Information
12.15.2 GITI Tire Business Overview
12.15.3 GITI Tire Winter Tire Sales, Revenue and Gross Margin (2018-2023)
12.15.4 GITI Tire Winter Tire Products Offered
12.15.5 GITI Tire Recent Development
12.16 Triangle
12.16.1 Triangle Corporation Information
12.16.2 Triangle Business Overview
12.16.3 Triangle Winter Tire Sales, Revenue and Gross Margin (2018-2023)
12.16.4 Triangle Winter Tire Products Offered
12.16.5 Triangle Recent Development
12.17 Apollo
12.17.1 Apollo Corporation Information
12.17.2 Apollo Business Overview
12.17.3 Apollo Winter Tire Sales, Revenue and Gross Margin (2018-2023)
12.17.4 Apollo Winter Tire Products Offered
12.17.5 Apollo Recent Development
12.18 Cheng Shin
12.18.1 Cheng Shin Corporation Information
12.18.2 Cheng Shin Business Overview
12.18.3 Cheng Shin Winter Tire Sales, Revenue and Gross Margin (2018-2023)
12.18.4 Cheng Shin Winter Tire Products Offered
12.18.5 Cheng Shin Recent Development
12.19 Nexen Tire
12.19.1 Nexen Tire Corporation Information
12.19.2 Nexen Tire Business Overview
12.19.3 Nexen Tire Winter Tire Sales, Revenue and Gross Margin (2018-2023)
12.19.4 Nexen Tire Winter Tire Products Offered
12.19.5 Nexen Tire Recent Development
13 Winter Tire Manufacturing Cost Analysis
13.1 Winter Tire Key Raw Materials Analysis
13.1.1 Key Raw Materials
13.1.2 Key Raw Materials Price Trend
13.1.3 Key Suppliers of Raw Materials
13.2 Proportion of Manufacturing Cost Structure
13.3 Manufacturing Process Analysis of Winter Tire
13.4 Winter Tire Industrial Chain Analysis
14 Marketing Channel, Distributors and Customers
14.1 Marketing Channel
14.2 Winter Tire Distributors List
14.3 Winter Tire Customers
15 Market Dynamics
15.1 Winter Tire Industry Trends
15.2 Winter Tire Market Drivers
15.3 Winter Tire Market Challenges
15.4 Winter Tire Market Restraints
16 Research Findings and Conclusion
17 Appendix
17.1 Research Methodology
17.1.1 Methodology/Research Approach
17.1.2 Data Source
17.2 Author List
17.3 Disclaimer
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*If Applicable.