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Ultra-High Performance (UHP) Tire Market

Market Insights on Ultra-High Performance (UHP) Tire covering sales outlook, demand forecast & up-to-date key trends

Ultra-High Performance (UHP) Tire Market By Tyre Type (Summer, Winter, All-season), Vehicle Type (Sports, MUV/SUV, Lights Trucks), Sales Channel (OEM, Replacemet) & Region - Forecast to 2021 - 2031

Ultra-High Performance Tire (UHP) Market Snapshot

[250 Pages Report]  Demand in the ultra-high performance (UHP) tire market is projected to increase at a robust 10.9% CAGR between 2021 and 2031. Future Market Insights (FMI) forecasts the market value to top US$ 10.4 Bn in 2021.

Rising demand for high performance vehicles for automotive sports, along with introduction of new technologies to improve efficacy of tires will continue pushing sales in the ultra-high performance tire market. Considering this, FMI has forecast the global UHP sales to reach a valuation of US$ 29.32 Bn in 2031.

Base Year Value (2020A)

US$  9.4 Bn

Estimated Year Value (2021E)

US$  10.4 Bn

Projected Year Value (2031F)

US$  29.32 Bn

Value CAGR (2021-2031)

10.9%

Collective Value Share: Top 3 Countries (2021)

37.30%

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Ultra-High Performance (UHP) Tire Market Outlook 2016-2020 Compared to 2021-2031 Forecast

Sales of ultra-high performance tires increased at a  3.7% CAGR between 2016 and 2020, with countries such as  the U.S., India, Germany, Japan, and China accounting for a substantial portion of the global market.

Increasing demand for replacement of tires for maintenance is boosting growth of the ultra-high performance tire market. Besides this, growing sales of high performance cars for NASCAR, Formula One and other professional automotive races will continue pushing sales of ultra-high performance tires.

UHP tires effectively improve road grip and maintain vehicle control at high speed. Rising demand for luxury and sports utility vehicles (SUV) is expected to bode well for the global UHP tires market in the forthcoming years.

As a result, The ultra-high performance tire market is projected to grow at a 10.9% CAGR during the forecast period of 2021 to 2031.

Ultra-High Performance (UHP) Tire Market Download Report Brochure

How will Surge in Automotive Racing Events Impact Sales of Ultra-High Performance Tires?

Demand for high-performance tires has increased remarkably in recent years owing to surge in various types of automotive racing competitions. Competitive automotive racing events such as NASCAR and Formula One launch various promotional activities and sponsorships to generate interest among the audience.

All vehicles used in these events are equipped with the ultra-high performance tires. This is expected to continue boosting sales of ultra-high performance tires over the forecast period.

What is the Impact of COVID-19 Crisis on Ultra High Performance (UHP) Tire Market?

The automotive industry suffered major blow during due to the COVID-19 pandemic. Sales of vehicles and aftermarket component plummeted due to suspension of automotive production and disruption in supply chains.

Several production facilities in many countries were entirely shut down because of the lockdown, which had a direct impact on sales of UHP tires. Stagnated sales of vehicles and halted production further dampened sales prospects of UHP tires.

As numerous production facilities have reopened, the industry is progressively rebounding from losses, resulting in positive sales prospects in the UHP market. Increasing sales of tires via various E-commerce websites is also expected to boost demand for UHP tires in the forthcoming years.

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Ultra-High Performance (UHP) Tire Market Country-wise Insights

What Is the Demand Outlook for UHP Tires in China?

As per FMI, China is projected to account for nearly one-third of the East Asia market share, creating an incremental opportunity of above US$ 1 Bn in 2031.

China is expected to remain one of the top producers of automotive tires across the globe. UHP tire distributors in China are expanding their operations and distribution channels in countries such as Australia and India. Also, many manufacturers form China export their tires to countries all over the world, which is expected to augment growth of the UHP tires market in China.

Where is Demand for UHP Tires Rising in the U.S.?

The U.S. is projected to account for approximately 81.5% of the North America UHP tires market in 2021. Road journeys are becoming mainstream in warm-weather cities on the West Coast. As individuals become less willing to use public transportation, reliance on personal transportation is increasing, which in turn is spurring demand for UHP tires. 

Growth of the UHP tires market in the U.S. can also be attributed to increasing vehicle production driven by strong presence of key manufacturers. Apart from this, high demand for luxury cars is anticipated to continue pushing sales of UHP tires in the U.S. in the forthcoming years.

Why is Germany Considered a UHP Tires Market?

Germany is projected to account for 17.9% of the Europe UHP tires market share in 2031. When it comes to ultra-high performance tires, German consumers have high expectations. Shifting consumer preference towards high performance automotive components, along with rapid expansion of the automotive sector in Germany is expected to propel sales of UHP tires over the assessment period.

Ultra-High Performance (UHP) Tire Market Category-wise Insights

Why are Sales of All-Season Tires Increasing?

Sales of all-season tires are expected to grow at an impressive 11.6% CAGR over the forecast period of 2021 to 2031.

All-season tires are becoming increasingly popular as they are designed for wet and dry roads, suiting all types of weather conditions.

These tires are available in a wide range of sizes that match vehicle performance dynamics and meet drivers’ expectations. Owing to these factors, sales of all-season UHP tires are projected to increase over the forecast period.

Sales of UHP Tires for Sports Cars to Continue Gaining Traction

The sports cars segment is projected to create an absolute dollar opportunity of more than US$ 11,360.1 Mn during the period of 2021 to 2031.

Due to consistent improvements in the automotive sector and growing preference for personal mobility, sales of sports vehicles have increased, and the trend is expected to continue in the forthcoming years.

Sports cars are gaining popularity as they have larger engine size and light overall weight. Increasing sales of sports cars will continue providing tailwinds to UHP tire sales over the assessment period.

Which is the Most Preferred Sales Channel for UHP Tires?  

The replacement/aftermarket segment is projected to account for more than 76.1% of the total market share by 2031. Increasing replacement rates of tires due to excessive wear and tear is expected to boost sales of UHP tires through aftermarket.

In order to improve performance, ultra-high performance tires are recommended to be replaced every 60 to 120 Km ideally during automotive racing. Other factors such as quality of the tires and the substance they are made of might affect their lifespan.

Cars parked under extreme sunlight for longer duration experience wear and tear and erosion of tires. The sun and heat erode the rubber, leading the tires to wear off over time. If left ignored for too long, the material may tear leading to the serious damage to the rim of tires. This is expected to result in high demand for UHP tires over the forecast period.

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Ultra-High Performance (UHP) Tire Market Competitive Landscape

Leading players operating in the UHP tires market are investing in strategic collaborations, mergers, and acquisitions to expand their production facilities across the globe. Apart from this, players are focusing on research and development to launch high quality and durable UHP tires to gain a competitive edge. For instance:

  • In Jun 2021, The Goodyear Tire & Rubber Company announced that it has completed its acquisition of Cooper Tire & Rubber Company, finalizing the merger agreement made public on February 22.  The combination unites two leading tire companies with complementary product portfolios, services, and capabilities to create a stronger U.S.-based leader in the global tire industry.
  • In January 2020, Toyo Tire Corporation announced that it has signed a sponsorship agreement with Michael Whiddett (a.k.a. “Mad Mike”), a renowned New Zealand drifting racer, under which Toyo Tire will support this celebrated driver at drifting races and other events. It is looking forward to working with this new brand ambassador to enhance the global presence of the ‘TOYO TIRES’ brand, the hallmark of high-quality, high-performance tires. The company will continue to support him at drifting races in various ways, such as through the provision of its PROXES ultra-high-performance tires.

Scope of Report

Attribute

Details

Forecast Period

2021-2031

Historical Data Available for

2016-2020

Market Analysis

USD Million for Value and (‘000) Units for Volume

Key Regions Covered

North America, Latin America, Europe, East Asia, South Asia & Pacific, and the Middle East & Africa

Key Countries Covered

US, Canada, Germany, U.K., France, Italy, Spain, Russia, China, Japan, South Korea, India, Thailand, Malaysia, Vietnam, Indonesia, Australia, New Zealand, GCC Countries, Turkey, Northern Africa, and South Africa

Key Segments Covered

Tire Type, Vehicle Type, Sales Channel, and Region

Key Companies Profiled

  • Continental AG
  • Goodyear Tire & Rubber Company
  • Michelin Group
  • Pirelli & C. S.p.A.
  • Bridgestone
  • KUMHO TIRE Co., Inc. 
  • Yokohama Rubber Co., Ltd
  • Nankang Rubber Tire Corp., Ltd.
  • HANKOOK TIRE & TECHNOLOGY Co., Ltd.
  • Toyo Tires
  • Nitto tires
  • NEXEN TIRE 
  • The Hercules Tire and Rubber Company
  • Sumitomo Rubber Industries (Dunlop Tires)
  • Chaoyang Tires, LLC
  • Cooper Tire & Rubber Company
  • Elangperdana Tyre Industry (Accelera Radial)

Report Coverage

Market Forecast, brand share analysis, competition intelligence, DROT analysis, Market Dynamics and Challenges, Strategic Growth Initiatives

Customization & Pricing

Available upon Request

Ultra-High Performance (UHP) Tires Markey by Category

By Tire Type:

  • Summer
  • Winter
  • All-Season

By Vehicle Type:

  • Sports Car
  • SUV/MUV
  • Light Trucks

By Sales Channel:

  • OEM
  • Replacement/Aftermarket

By Region:

  • North America
  • Latin America
  • Europe
  • East Asia
  • South Asia & Pacific
  • Middle East & Africa

Frequently Asked Questions

The UHP tires market reached a valuation of US$ 10.4 Bn in 2021.

The UHP tires market experienced moderate growth, exhibiting a 3.7% CAGR between 2016 and 2020.

Rising demand for high performance vehicles for automotive sports, along with introduction of new technologies to improve efficacy of tires are driving sales of UHP tires.

North America UHP tires market is projected to grow at an impressive 11.6% CAGR during the forecast period.

The UHP tires market in Europe is anticipated to expand at a 11.2% CAGR between 2021 to 2031.

Japan and South Korea are anticipated to hold 43.5% and 26.0% of the global UHP market share respectively.

Table of Content

1. Executive Summary

    1.1. Global Market Snapshot

    1.2. Demand Side Trends Analysis

    1.3. Supply Side Trends

    1.4. Analysis and Recommendations

2. Market Overview

    2.1. Market Coverage / Taxonomy

    2.2. Market Definition / Scope / Limitations

    2.3. Differentiation : Performance Tires/HP Tires/UHP Tires

3. Key Market Trends

    3.1. Key Trends Impacting the Market

    3.2. Innovation / Development Trends

4. Key Success Factors

    4.1. Product Adoption / Usage Analysis

    4.2. Product innovation & Diversification

    4.3. Marketing and Brand management

    4.4. Supply Chain Management

5. Global Ultra High Performance Tire Market Demand Analysis 2016–2020 and Forecast, 2021–2031

    5.1. Y-o-Y Growth Trend Analysis

6. Global Ultra High Performance Tire Market - Pricing Analysis

    6.1. Pricing Analysis By Tire Type

7. Global Ultra High Performance Tire Market Demand (in Value or Size in US$ Mn) Analysis 2016–2020 and Forecast, 2021–2031

    7.1. Y-o-Y Growth Trend Analysis

    7.2. Absolute $ Opportunity Analysis

8. Market Background

    8.1. Macro-Economic Factors

        8.1.1. Global Economic Outlook

        8.1.2. Global Real GDP Growth

        8.1.3. Manufacturing Value Added by Key Countries

        8.1.4. Manufacturing Value Added Growth Rate

        8.1.5. Road Condition by Country

    8.2. Forecast Factors - Relevance & Impact

        8.2.1. Preference For High Performance, Durable and Energy Efficient Designs

        8.2.2. Global GNI per capita growth forecast

        8.2.3. Environment and Safety Regulations

        8.2.4. Raw Material Price And Availability Impact

        8.2.5. Global GDP per capita growth

        8.2.6. Intensity of Competition

        8.2.7. Investment In Research And Development

        8.2.8. Rising Fuel Prices

    8.3. Regulations & Standards

    8.4. Value Chain Analysis

    8.5. Global Average Replacement Cycle for UHP Tires

    8.6. List of Market Participants: Distributors

    8.7. COVID-19 Potential Impact

    8.8. Potential Impact of COVID-19 Crisis

    8.9. COVID – 19: Rebound Scenario – FMI Perspective

    8.10. Key Factors for the Market Participants to Over Come COVID-19 Impact

    8.11. Market Dynamics

        8.11.1. Drivers

        8.11.2. Restraints

        8.11.3. Opportunity Analysis

9. Global Ultra High Performance Tire Market Analysis 2016–2020 and Forecast 2021–2031, by Tire Type

    9.1. Introduction / Key Findings

    9.2. Global UHP Tire Market Analysis by Tire Type

    9.3. Historical Market Size (US$ Mn) and Volume (‘000 Units) Analysis By Tire Type, 2016–2020

    9.4. Current and Future Market Size (US$ Mn) and Volume (‘000 Units) Analysis and Forecast By Tire Type, 2021–2031

        9.4.1. Summer

        9.4.2. Winter

        9.4.3. All Season

    9.5. Market Attractiveness Analysis By Tire Type

10. Global Ultra High Performance Tire Market Analysis 2016–2020 and Forecast 2021–2031, By Vehicle Type

    10.1. Introduction / Key Findings

    10.2. Historical Market Size (US$ Mn) and Volume (‘000 Units) Analysis By Tire Type, 2016–2020

    10.3. Current and Future Market Size (US$ Mn) and Volume (‘000 Units) Analysis and Forecast By Vehicle Type, 2021–2031

        10.3.1. Sports Vehicle

        10.3.2. SUV/MUV

        10.3.3. Light Trucks

    10.4. Market Attractiveness Analysis By Vehicle Type

11. Global Ultra High Performance Tire Market Analysis 2016–2020 and Forecast 2021–2031, by Sales Channel

    11.1. Introduction / Key Findings

    11.2. Historical Market Size (US$ Mn) and Volume (‘000 Units) Analysis By Sales Channel, 2016–2020

    11.3. Current and Future Market Size (US$ Mn) and Volume (‘000 Units) Analysis and Forecast By Sales Channel, 2021–2031

        11.3.1. OEM

        11.3.2. Replacement/Aftermarket

    11.4. Market Attractiveness Analysis By Sales Channel

12. Global Ultra High Performance Tire Market Analysis 2016–2020 and Forecast 2021–2031, by Region

    12.1. Introduction

    12.2. Historical Market Size (US$ Mn) and Volume (‘000 Units) Analysis By Region, 2016–2020

    12.3. Current Market Size (US$ Mn) and Volume (‘000 Units) Analysis and Forecast By Region, 2021–2031

        12.3.1. North America

        12.3.2. Latin America

        12.3.3. Europe

        12.3.4. South Asia and Pacific

        12.3.5. East Asia

        12.3.6. Middle East & Africa

    12.4. Market Attractiveness Analysis By Region

13. North America Ultra High Performance Tire Market Analysis 2016–2020 and Forecast 2021–2031

    13.1. Introduction

    13.2. Pricing Analysis

    13.3. Historical Market Size (US$ Mn) and Volume (‘000 Units) Trend Analysis By Market Taxonomy, 2016–2020

    13.4. Market Size (US$ Mn) and Volume (‘000 Units) Forecast By Market Taxonomy, 2021–2031

        13.4.1. By Country

            13.4.1.1. U.S.

            13.4.1.2. Canada

        13.4.2. By Tire Type

        13.4.3. By Vehicle Type

        13.4.4. By Sales Channel

    13.5. Market Attractiveness Analysis

        13.5.1. By Country

        13.5.2. By Tire Type

        13.5.3. By Vehicle Type

        13.5.4. By Sales Channel

    13.6. Drivers and Restraints - Impact Analysis

14. Latin America Ultra High Performance Tire Market Analysis 2016–2020 and Forecast 2021–2031

    14.1. Introduction

    14.2. Pricing Analysis

    14.3. Historical Market Size (US$ Mn) and Volume (‘000 Units) Trend Analysis By Market Taxonomy, 2016–2020

    14.4. Market Size (US$ Mn) and Volume (‘000 Units) Forecast By Market Taxonomy, 2021–2031

        14.4.1. By Country

            14.4.1.1. Brazil

            14.4.1.2. Mexico

            14.4.1.3. Rest of Latin America

        14.4.2. By Tire Type

        14.4.3. By Vehicle Type

        14.4.4. By Sales Channel

    14.5. Market Attractiveness Analysis

        14.5.1. By Country

        14.5.2. By Tire Type

        14.5.3. By Vehicle Type

        14.5.4. By Sales Channel

    14.6. Drivers and Restraints - Impact Analysis

15. Europe Ultra High Performance Tire Market Analysis 2016–2020 and Forecast 2021–2031

    15.1. Introduction

    15.2. Pricing Analysis

    15.3. Historical Market Size (US$ Mn) and Volume (‘000 Units) Trend Analysis By Market Taxonomy, 2016–2020

    15.4. Market Size (US$ Mn) and Volume (‘000 Units) Forecast By Market Taxonomy, 2021–2031

        15.4.1. By Country

            15.4.1.1. Germany

            15.4.1.2. Italy

            15.4.1.3. France

            15.4.1.4. U.K.

            15.4.1.5. Spain

            15.4.1.6. BENELUX

            15.4.1.7. Russia

            15.4.1.8. Rest of Europe

        15.4.2. By Tire Type

        15.4.3. By Vehicle Type

        15.4.4. By Sales Channel

    15.5. Market Attractiveness Analysis

        15.5.1. By Country

        15.5.2. By Tire Type

        15.5.3. By Vehicle Type

        15.5.4. By Sales Channel

    15.6. Drivers and Restraints - Impact Analysis

16. East Asia Ultra High Performance Tire Market Analysis 2016–2020 and Forecast 2021–2031

    16.1. Introduction

    16.2. Pricing Analysis

    16.3. Historical Market Size (US$ Mn) and Volume (‘000 Units) Trend Analysis By Market Taxonomy, 2016–2020

    16.4. Market Size (US$ Mn) and Volume (‘000 Units) Forecast By Market Taxonomy, 2021–2031

        16.4.1. By Country

            16.4.1.1. China

            16.4.1.2. Japan

            16.4.1.3. South Korea

        16.4.2. By Tire Type

        16.4.3. By Vehicle Type

        16.4.4. By Sales Channel

    16.5. Market Attractiveness Analysis

        16.5.1. By Country

        16.5.2. By Tire Type

        16.5.3. By Vehicle Type

        16.5.4. By Sales Channel

    16.6. Drivers and Restraints - Impact Analysis

17. South Asia and Pacific Ultra High Performance Tire Market Analysis 2016–2020 and Forecast 2021–2031

    17.1. Introduction

    17.2. Pricing Analysis

    17.3. Historical Market Size (US$ Mn) and Volume (‘000 Units) Trend Analysis By Market Taxonomy, 2016–2020

    17.4. Market Size (US$ Mn) and Volume (‘000 Units) Forecast By Market Taxonomy, 2021–2031

        17.4.1. By Country

            17.4.1.1. India

            17.4.1.2. ASEAN

            17.4.1.3. Australia & New Zealand

            17.4.1.4. Rest of South Asia and Pacific

        17.4.2. By Tire Type

        17.4.3. By Vehicle Type

        17.4.4. By Sales Channel

    17.5. Market Attractiveness Analysis

        17.5.1. By Country

        17.5.2. By Tire Type

        17.5.3. By Vehicle Type

        17.5.4. By Sales Channel

    17.6. Drivers and Restraints - Impact Analysis

18. Middle East and Africa Ultra High Performance Tire Market Analysis 2016–2020 and Forecast 2021–2031

    18.1. Introduction

    18.2. Pricing Analysis

    18.3. Historical Market Size (US$ Mn) and Volume (‘000 Units) Trend Analysis By Market Taxonomy, 2016–2020

    18.4. Market Size (US$ Mn) and Volume (‘000 Units) Forecast By Market Taxonomy, 2021–2031

        18.4.1. By Country

            18.4.1.1. GCC Countries

            18.4.1.2. Turkey

            18.4.1.3. Northern Africa

            18.4.1.4. South Africa

            18.4.1.5. Rest of Middle East and Africa

        18.4.2. By Tire Type

        18.4.3. By Vehicle Type

        18.4.4. By Sales Channel

    18.5. Market Attractiveness Analysis

        18.5.1. By Country

        18.5.2. By Tire Type

        18.5.3. By Vehicle Type

        18.5.4. By Sales Channel

    18.6. Drivers and Restraints - Impact Analysis

19. Key and Emerging Countries Ultra High Performance Tire Market Analysis

    19.1. U.S. Ultra High Performance Tire Market Analysis

        19.1.1. By Tire Type

        19.1.2. By Vehicle Type

        19.1.3. By Sales Channel

    19.2. Canada Ultra High Performance Tire Market Analysis

        19.2.1. By Tire Type

        19.2.2. By Vehicle Type

        19.2.3. By Sales Channel

    19.3. Brazil Ultra High Performance Tire Market Analysis

        19.3.1. By Tire Type

        19.3.2. By Vehicle Type

        19.3.3. By Sales Channel

    19.4. Mexico Ultra High Performance Tire Market Analysis

        19.4.1. By Tire Type

        19.4.2. By Vehicle Type

        19.4.3. By Sales Channel

    19.5. Germany Ultra High Performance Tire Market Analysis

        19.5.1. By Tire Type

        19.5.2. By Vehicle Type

        19.5.3. By Sales Channel

    19.6. Italy Ultra High Performance Tire Market Analysis

        19.6.1. By Tire Type

        19.6.2. By Vehicle Type

        19.6.3. By Sales Channel

    19.7. France Ultra High Performance Tire Market Analysis

        19.7.1. By Tire Type

        19.7.2. By Vehicle Type

        19.7.3. By Sales Channel

    19.8. U.K. Ultra High Performance Tire Market Analysis

        19.8.1. By Tire Type

        19.8.2. By Vehicle Type

        19.8.3. By Sales Channel

    19.9. Spain Ultra High Performance Tire Market Analysis

        19.9.1. By Tire Type

        19.9.2. By Vehicle Type

        19.9.3. By Sales Channel

    19.10. BENELUX Ultra High Performance Tire Market Analysis

        19.10.1. By Tire Type

        19.10.2. By Vehicle Type

        19.10.3. By Sales Channel

    19.11. Russia Ultra High Performance Tire Market Analysis

        19.11.1. By Tire Type

        19.11.2. By Vehicle Type

        19.11.3. By Sales Channel

    19.12. China Ultra High Performance Tire Market Analysis

        19.12.1. By Tire Type

        19.12.2. By Vehicle Type

        19.12.3. By Sales Channel

    19.13. Japan Ultra High Performance Tire Market Analysis

        19.13.1. By Tire Type

        19.13.2. By Vehicle Type

        19.13.3. By Sales Channel

    19.14. S. Korea Ultra High Performance Tire Market Analysis

        19.14.1. By Tire Type

        19.14.2. By Vehicle Type

        19.14.3. By Sales Channel

    19.15. India Ultra High Performance Tire Market Analysis

        19.15.1. By Tire Type

        19.15.2. By Vehicle Type

        19.15.3. By Sales Channel

    19.16. ASEAN Ultra High Performance Tire Market Analysis

        19.16.1. By Tire Type

        19.16.2. By Vehicle Type

        19.16.3. By Sales Channel

    19.17. Australia and New Zealand Ultra High Performance Tire Market Analysis

        19.17.1. By Tire Type

        19.17.2. By Vehicle Type

        19.17.3. By Sales Channel

    19.18. GCC Countries Ultra High Performance Tire Market Analysis

        19.18.1. By Tire Type

        19.18.2. By Vehicle Type

        19.18.3. By Sales Channel

    19.19. Turkey Ultra High Performance Tire Market Analysis

        19.19.1. By Tire Type

        19.19.2. By Vehicle Type

        19.19.3. By Sales Channel

    19.20. South Africa Ultra High Performance Tire Market Analysis

        19.20.1. By Tire Type

        19.20.2. By Vehicle Type

        19.20.3. By Sales Channel

    19.21. Northern Africa Ultra High Performance Tire Market Analysis

        19.21.1. By Tire Type

        19.21.2. By Vehicle Type

        19.21.3. By Sales Channel

20. Market Structure Analysis

    20.1. Market Analysis by Tier of Companies

    20.2. Market Concentration Analysis

    20.3. Market Share Analysis of Top Players

    20.4. Market Presence Analysis - By Regional Footprint

    20.5. Market Presence Analysis : By Tire Type Product Foot Print of Players

21. Competition Analysis

    21.1. Competition Dashboard

    21.2. Competition Benchmarking

    21.3. Competition Deep Dive

        21.3.1. Nitto Tire U.S.A. Inc.

            21.3.1.1. Overview

            21.3.1.2. Product Portfolio

            21.3.1.3. Sales & Distribution Footprint

            21.3.1.4. Strategy Overview

        21.3.2. Continental AG

            21.3.2.1. Overview

            21.3.2.2. Product Portfolio

            21.3.2.3. Sales & Distribution Footprint

            21.3.2.4. Strategy Overview

        21.3.3. Goodyear Tire & Rubber Company

            21.3.3.1. Overview

            21.3.3.2. Product Portfolio

            21.3.3.3. Sales & Distribution Footprint

            21.3.3.4. Strategy Overview

        21.3.4. Michelin Group

            21.3.4.1. Overview

            21.3.4.2. Product Portfolio

            21.3.4.3. Sales & Distribution Footprint

            21.3.4.4. Strategy Overview

        21.3.5. Pirelli & C. S.p.A.

            21.3.5.1. Overview

            21.3.5.2. Product Portfolio

            21.3.5.3. Sales & Distribution Footprint

            21.3.5.4. Strategy Overview

        21.3.6. Bridgestone

            21.3.6.1. Overview

            21.3.6.2. Product Portfolio

            21.3.6.3. Sales & Distribution Footprint

            21.3.6.4. Strategy Overview

        21.3.7. Toyo Tire

            21.3.7.1. Overview

            21.3.7.2. Product Portfolio

            21.3.7.3. Sales & Distribution Footprint

            21.3.7.4. Strategy Overview

        21.3.8. KUMHO TIRE

            21.3.8.1. Overview

            21.3.8.2. Product Portfolio

            21.3.8.3. Sales & Distribution Footprint

            21.3.8.4. Strategy Overview

        21.3.9. Yokohama Rubber Co., Ltd

            21.3.9.1. Overview

            21.3.9.2. Product Portfolio

            21.3.9.3. Sales & Distribution Footprint

            21.3.9.4. Strategy Overview

        21.3.10. MAXXIS

            21.3.10.1. Overview

            21.3.10.2. Product Portfolio

            21.3.10.3. Sales & Distribution Footprint

            21.3.10.4. Strategy Overview

        21.3.11. NANKANG RUBBER TIRE CORP.,LTD

            21.3.11.1. Overview

            21.3.11.2. Product Portfolio

            21.3.11.3. Sales & Distribution Footprint

            21.3.11.4. Strategy Overview

        21.3.12. Hankook Tire & Technology Co.,Ltd

            21.3.12.1. Overview

            21.3.12.2. Product Portfolio

            21.3.12.3. Sales & Distribution Footprint

            21.3.12.4. Strategy Overview

22. Assumptions and Acronyms Used

23. Research Methodology

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List of Tables

Table 01: Global UHP Tire Market Value (US$ Mn) and Volume (‘000 Units) Historical Data 2016–2020 and Forecast 2021–2031 by Tire Type

Table 02: Global UHP Tire Market Value (US$ Mn) and Volume (‘000 Units) Historical Data 2016–2020 and Forecast 2021–2031 by Vehicle Type

Table 03: Global UHP Tire Market Value (US$ Mn) and Volume (‘000 Units) Historical Data 2016–2020 and Forecast 2021–2031 by Operation

Table 04: Global UHP Tire Market Size (US$ Mn) and Volume (‘000 Units) Forecast by Region, 2016 – 2031

Table 05: North America UHP Tire Market Size (US$ Mn) and Volume (‘000 Units) Forecast by Country, 2016 – 2031

Table 6: North America UHP Tire Market Value (US$ Mn) and Volume (‘000 Units) Historical Data 2016–2020 and Forecast 2021–2031 by Tire Type

Table 7: North America UHP Tire Market Value (US$ Mn) and Volume (‘000 Units) Historical Data 2016–2020 and Forecast 2021–2031 by Vehicle Type

Table 8: North America UHP Tire Market Value (US$ Mn) and Volume (‘000 Units) Historical Data 2016–2020 and Forecast 2021–2031 by Sales Channel

Table 9: Latin America UHP Tire Market Size (US$ Mn) and Volume (‘000 Units) Forecast by Country, 2016 – 2031

Table 10: Latin America UHP Tire Market Value (US$ Mn) and Volume (‘000 Units) Historical Data 2016–2020 and Forecast 2021–2031 by Tire Type

Table 11: Latin America UHP Tire Market Value (US$ Mn) and Volume (‘000 Units) Historical Data 2016–2020 and Forecast 2021–2031 by Product Type

Table 12: Latin America UHP Tire Market Value (US$ Mn) and Volume (‘000 Units) Historical Data 2016–2020 and Forecast 2021–2031 by Sales Channel

Table 13: Europe UHP Tire Market Size (US$ Mn) and Volume (‘000 Units) Forecast by Country, 2016 – 2031

Table 14: Europe UHP Tire Market Value (US$ Mn) and Volume (‘000 Units) Historical Data 2016–2020 and Forecast 2021–2031 by Tire Type

Table 15: Europe UHP Tire Market Value (US$ Mn) and Volume (‘000 Units) Historical Data 2016–2020 and Forecast 2021–2031 by Product Type

Table 16: Europe UHP Tire Market Value (US$ Mn) and Volume (‘000 Units) Historical Data 2016–2020 and Forecast 2021–2031 by Operation

Table 17: East Asia UHP Tire Market Size (US$ Mn) and Volume (‘000 Units) Forecast by Country, 2016 – 2031

Table 18: East Asia UHP Tire Market Value (US$ Mn) and Volume (‘000 Units) Historical Data 2016–2020 and Forecast 2021–2031 by Tire Type

Table 19: East Asia UHP Tire Market Value (US$ Mn) and Volume (‘000 Units) Historical Data 2016–2020 and Forecast 2021–2031 by Vehicle Type

Table 20: East Asia UHP Tire Market Value (US$ Mn) and Volume (‘000 Units) Historical Data 2016–2020 and Forecast 2021–2031 by Sales Channel

Table 21: South Asia & Pacific UHP Tire Market Size (US$ Mn) and Volume (‘000 Units) Forecast by Country, 2016 – 2031

Table 22: South Asia & Pacific UHP Tire Market Value (US$ Mn) and Volume (‘000 Units) Historical Data 2016–2020 and Forecast 2021–2031 by Tire Type

Table 23: South Asia & Pacific UHP Tire Market Value (US$ Mn) and Volume (‘000 Units) Historical Data 2016–2020 and Forecast 2021–2031 by Vehicle Type

Table 24: South Asia & Pacific UHP Tire Market Value (US$ Mn) and Volume (‘000 Units) Historical Data 2016–2020 and Forecast 2021–2031 by Operation

Table 25: MEA UHP Tire Market Size (US$ Mn) and Volume (‘000 Units) Forecast by Country, 2016 – 2031

Table 26: MEA UHP Tire Market Value (US$ Mn) and Volume (‘000 Units) Historical Data 2016–2020 and Forecast 2021–2031 by Tire Type

Table 27: MEA UHP Tire Market Value (US$ Mn) and Volume (‘000 Units) Historical Data 2016–2020 and Forecast 2021–2031 by Vehicle Type

Table 28: MEA UHP Tire Market Value (US$ Mn) and Volume (‘000 Units) Historical Data 2016–2020 and Forecast 2021–2031 by Operation

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List of Charts

Figure 01: Global UHP Tire Market Volume (Mn Units) and Y-o-Y Growth Rate From 2021-2031

Figure 02: Global UHP Tire Market Value (US$ Mn) and Y-o-Y Growth Rate From 2021-2031

Figure 03: Global UHP Tire Market Absolute $ opportunity Analysis, 2021-2031

Figure 06: Global UHP Tire Market Share and BPS Analysis by Tire Type– 2021 & 2031

Figure 07: Global UHP Tire Market Y-o-Y Growth Projections by Tire Type, 2020-2031

Figure 08: Global UHP Tire Market Attractiveness by Tire Type,

Figure 09: Global UHP Tire Market Absolute $ Opportunity by Summer Segment

Figure 10: Global UHP Tire Market Absolute $ Opportunity by Winter Segment

Figure 11: Global UHP Tire Market Absolute $ Opportunity by All-Season Segment

Figure 14: Global UHP Tire Market Share and BPS Analysis by Vehicle Type– 2021 & 2031

Figure 15: Global UHP Tire Market Y-o-Y Growth Projections by Vehicle Type, 2020-2031

Figure 16: Global UHP Tire Market Attractiveness by Vehicle Type, 2021-2031

 Figure 17: Global UHP Tire Market Absolute $ Opportunity by Sports Cars Segment

 Figure 18: Global UHP Tire Market Absolute $ Opportunity by SUV/MUV Segment

Figure 19: Global UHP Tire Market Absolute $ Opportunity by Light Truck Segment

Figure 22: Global UHP Tire Market Share and BPS Analysis by Sales Channel – 2021 & 2031

Figure 23: Global UHP Tire Market Y-o-Y Growth Projections by Sales Channel, 2020-2031

Figure 24: Global UHP Tire Market Attractiveness by Sales Channel, 2021-2031

Figure 25: Global UHP Tire Market Absolute $ Opportunity by OEM Segment

Figure 26: Global UHP Tire Market Absolute $ Opportunity by Replacement/Aftermarket Segment

Figure 27: Global UHP Tire Market Share and BPS Analysis by Region

Figure 28: Global UHP Tire Market Y-o-Y Growth Projections by Region, 2020 – 2031

Figure 29: Global UHP Tire Market Attractiveness Analysis by Region, 2021 – 2031

Figure 30: Global UHP Tire Market Absolute $ Opportunity by North America, 2016 to 2021 and 2031

Figure 31: Global UHP Tire Market Absolute $ Opportunity by Latin America, 2016 to 2021 and 2031

Figure 32: Global UHP Tire Market Absolute $ Opportunity by Europe, 2016 to 2021 and 2031

Figure 33: Global UHP Tire Market Absolute $ Opportunity by East Asia, 2016 to 2021 and 2031

Figure 34: Global UHP Tire Market Absolute $ Opportunity by South Asia & Pacific & Pacific, 2016 to 2021 and 2031

Figure 35: Global UHP Tire Market Absolute $ Opportunity by MEA, 2016 to 2021 and 2031

Figure 36: North America UHP Tire Market Share and BPS Analysis by Country

Figure 37: North America UHP Tire Market Y-o-Y Growth Projections by Country, 2020 – 2031

Figure 38: North America UHP Tire Market Attractiveness Analysis by Country, 2021 – 2031

Figure 39: North America UHP Tire Market Absolute $ Opportunity by U.S., 2016 to 2021 and 2031

Figure 40: North America UHP Tire Market Absolute $ Opportunity by Canada, 2016 to 2021 and 2031

Figure 41: North America UHP Tire Market Share and BPS Analysis by Tire Type– 2021 & 2031

Figure 42: North America UHP Tire Market Y-o-Y Growth Projections by Tire Type, 2020-2031

Figure 43: North America UHP Tire Market Attractiveness by Tire Type,

Figure 44: North America UHP Tire Market Share and BPS Analysis by Vehicle Type– 2021 & 2031

Figure 45: North America UHP Tire Market Y-o-Y Growth Projections by Vehicle Type, 2020-2031

Figure 46: North America UHP Tire Market Attractiveness by Vehicle Type, 2021-2031

Figure 47: North America UHP Tire Market Share and BPS Analysis by Sales Channel – 2021 & 2031

Figure 48: North America UHP Tire Market Y-o-Y Growth Projections by Sales Channel, 2020-2031

Figure 49: North America UHP Tire Market Attractiveness by Sales Channel, 2021-2031

Figure 50: Latin America UHP Tire Market Share and BPS Analysis by Country

Figure 51: Latin America UHP Tire Market Y-o-Y Growth Projections by Country, 2020 – 2031

Figure 52: Latin America UHP Tire Market Attractiveness Analysis by Country, 2021 – 2031

Figure 53: Latin America UHP Tire Market Absolute $ Opportunity by Mexico, 2016 to 2021 and 2031

Figure 54: Latin America UHP Tire Market Absolute $ Opportunity by Brazil, 2016 to 2021 and 2031

Figure 55: Latin America UHP Tire Market Absolute $ Opportunity by Rest of LA, 2016 to 2021 and 2031

Figure 56: Latin America UHP Tire Market Share and BPS Analysis by Tire Type– 2021 & 2031

Figure 57: Latin America UHP Tire Market Y-o-Y Growth Projections by Tire Type, 2020-2031

Figure 58: Latin America UHP Tire Market Attractiveness by Tire Type,

Figure 59: Latin America UHP Tire Market Share and BPS Analysis by Vehicle Type– 2021 & 2031

Figure 60: Latin America UHP Tire Market Y-o-Y Growth Projections by Vehicle Type, 2020-2031

Figure 61: Latin America UHP Tire Market Attractiveness by Vehicle Type, 2021-2031

Figure 62: Latin America UHP Tire Market Share and BPS Analysis by Sales Channel– 2021 & 2031

Figure 63: Latin America UHP Tire Market Y-o-Y Growth Projections by Sales Channel, 2020-2031

Figure 64: Latin America UHP Tire Market Attractiveness by Sales Channel, 2021-2031

Figure 65: Europe UHP Tire Market Share and BPS Analysis by Country

Figure 66: Europe UHP Tire Market Y-o-Y Growth Projections by Country, 2020 – 2031

Figure 67: Europe UHP Tire Market Attractiveness Analysis by Country, 2021 – 2031

Figure 68: Europe UHP Tire Market Absolute $ Opportunity by Germany, 2016 to 2021 and 2031

Figure 69: Europe UHP Tire Market Absolute $ Opportunity by Italy, 2016 to 2021 and 2031

Figure 70: Europe UHP Tire Market Absolute $ Opportunity by France, 2016 to 2021 and 2031

Figure 71: Europe UHP Tire Market Absolute $ Opportunity by U.K., 2016 to 2021 and 2031

Figure 72: Europe UHP Tire Market Absolute $ Opportunity by Spain, 2016 to 2021 and 2031

Figure 73: Europe UHP Tire Market Absolute $ Opportunity by BENELUX, 2016 to 2021 and 2031

Figure 74: Europe UHP Tire Market Absolute $ Opportunity by Russia, 2016 to 2021 and 2031

Figure 75: Europe UHP Tire Market Absolute $ Opportunity by Rest of EU, 2016 to 2021 and 2031

Figure 76: Europe UHP Tire Market Share and BPS Analysis by Tire Type– 2021 & 2031

Figure 77: Europe UHP Tire Market Y-o-Y Growth Projections by Tire Type, 2020-2031

Figure 78: Europe UHP Tire Market Attractiveness by Tire Type,

Figure 79: Europe UHP Tire Market Share and BPS Analysis by Vehicle Type– 2021 & 2031

Figure 80: Europe UHP Tire Market Y-o-Y Growth Projections by Vehicle Type, 2020-2031

Figure 81: Europe UHP Tire Market Attractiveness by Vehicle Type, 2021-2031

Figure 82: Europe UHP Tire Market Share and BPS Analysis by Sales Channel– 2021 & 2031

Figure 83: Europe UHP Tire Market Y-o-Y Growth Projections by Sales Channel, 2020-2031

Figure 84: Europe UHP Tire Market Attractiveness by Sales Channel, 2021-2031

Figure 85: East Asia UHP Tire Market Share and BPS Analysis by Country

Figure 86: East Asia UHP Tire Market Y-o-Y Growth Projections by Country, 2020 – 2031

Figure 87: East Asia UHP Tire Market Attractiveness Analysis by Country, 2021 – 2031

Figure 88: East Asia UHP Tire Market Absolute $ Opportunity by China., 2016 to 2021 and 2031

Figure 89: East Asia UHP Tire Market Absolute $ Opportunity by Japan, 2016 to 2021 and 2031

Figure 90: East Asia UHP Tire Market Absolute $ Opportunity by South Korea, 2016 to 2021 and 2031

Figure 91: East Asia UHP Tire Market Share and BPS Analysis by Tire Type– 2021 & 2031

Figure 92: East Asia UHP Tire Market Y-o-Y Growth Projections by Tire Type, 2020-2031

Figure 93: East Asia UHP Tire Market Attractiveness by Tire Type,

Figure 94: East Asia UHP Tire Market Share and BPS Analysis by Vehicle Type– 2021 & 2031

Figure 95: East Asia UHP Tire Market Y-o-Y Growth Projections by Vehicle Type, 2020-2031

Figure 96: East Asia UHP Tire Market Attractiveness by Vehicle Type, 2021-2031

Figure 97: East Asia UHP Tire Market Share and BPS Analysis by Sales Channel– 2021 & 2031

Figure 98: East Asia UHP Tire Market Y-o-Y Growth Projections by Sales Channel, 2020-2031

Figure 99: East Asia UHP Tire Market Attractiveness by Sales Channel, 2021-2031

Figure 100: South Asia & Pacific UHP Tire Market Share and BPS Analysis by Country

Figure 101: South Asia & Pacific UHP Tire Market Y-o-Y Growth Projections by Country, 2020 – 2031

Figure 102: South Asia & Pacific UHP Tire Market Attractiveness Analysis by Country, 2021 – 2031

Figure 103: South Asia & Pacific UHP Tire Market Absolute $ Opportunity by India, 2016 to 2021 and 2031

Figure 104: South Asia & Pacific UHP Tire Market Absolute $ Opportunity by ASEAN, 2016 to 2021 and 2031

Figure 105: South Asia & Pacific UHP Tire Market Absolute $ Opportunity by Australia & New Zealand, 2016 to 2021 and 2031

Figure 106: South Asia & Pacific UHP Tire Market Absolute $ Opportunity by Rest of SAP, 2016 to 2021 and 2031

Figure 107: South Asia & Pacific UHP Tire Market Share and BPS Analysis by Tire Type– 2021 & 2031

Figure 108: South Asia & Pacific UHP Tire Market Y-o-Y Growth Projections by Tire Type, 2020-2031

Figure 109: South Asia & Pacific UHP Tire Market Attractiveness by Tire Type,

Figure 110: South Asia & Pacific UHP Tire Market Share and BPS Analysis by Vehicle Type– 2021 & 2031

Figure 111: South Asia & Pacific UHP Tire Market Y-o-Y Growth Projections by Vehicle Type, 2020-2031

Figure 112: South Asia & Pacific UHP Tire Market Attractiveness by Vehicle Type, 2021-2031

Figure 113: South Asia & Pacific UHP Tire Market Share and BPS Analysis Sales Channel– 2021 & 2031

Figure 114: South Asia & Pacific UHP Tire Market Y-o-Y Growth Projections by Sales Channel, 2020-2031

Figure 115: South Asia & Pacific UHP Tire Market Attractiveness by Sales Channel, 2021-2031

Figure 116: MEA UHP Tire Market Share and BPS Analysis by Country

Figure 117: MEA UHP Tire Market Y-o-Y Growth Projections by Country, 2020 – 2031

Figure 118: MEA UHP Tire Market Attractiveness Analysis by Country, 2021 – 2031

Figure 119: MEA UHP Tire Market Absolute $ Opportunity by GCC, 2016 to 2021 and 2031

Figure 120: MEA UHP Tire Market Absolute $ Opportunity by Turkey, 2016 to 2021 and 2031

Figure 121: MEA UHP Tire Market Absolute $ Opportunity by South Africa, 2016 to 2021 and 2031

Figure 122: MEA UHP Tire Market Absolute $ Opportunity by North Africa, 2016 to 2021 and 2031

Figure 123: MEA UHP Tire Market Absolute $ Opportunity by Rest of MEA, 2016 to 2021 and 2031

Figure 124: MEA UHP Tire Market Share and BPS Analysis by Tire Type– 2021 & 2031

Figure 125: MEA UHP Tire Market Y-o-Y Growth Projections by Tire Type, 2020-2031

Figure 126: MEA UHP Tire Market Attractiveness by Tire Type,

Figure 127: MEA UHP Tire Market Share and BPS Analysis by Vehicle Type– 2021 & 2031

Figure 128: MEA UHP Tire Market Y-o-Y Growth Projections by Vehicle Type, 2020-2031

Figure 129: MEA UHP Tire Market Attractiveness by Vehicle Type, 2021-2031

Figure 130: MEA UHP Tire Market Share and BPS Analysis by Sales Channel– 2021 & 2031

Figure 131: MEA UHP Tire Market Y-o-Y Growth Projections by Sales Channel, 2020-2031

Figure 132: MEA UHP Tire Market Attractiveness by Sales Channel, 2021-2031

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