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.
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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Talk to AnalystUltra-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 |
|
|
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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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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