Global Low Profile Tire Market is expected to grow at a CAGR of 9% during the forecast period, to reach US$ 61.78 Bn. by 2029.Low Profile Tire Market Overview
Increase in demand for advanced ride handling, optimal traction, and speedy response whilst driving is boosting the low-profile tire market. Demand for effective and sports activities or overall performance vehicles, such as SUVs, is rising owing to an extend in younger customers which is ultimately driving the low-profile tire market. Low profile tires have low rolling resistance and hence, provide superior fuel economy. Regulatory boards such as the European Union have begun labelling tires in accordance with fuel economy, grip, noise, and emission. Rise in issue about automobile security and applied sciences such as ‘Run-Flat’ science is boosting the demand for low profile tires. These tires comprise lesser quantity of rubber and thus, allows the use of a larger-sized wheel. Rise in demand for large wheels, in order to decorate esthetic appearance, is predicted to power the demand for low profile tires. Low profile tires are expensive, generate extra noise. Therefore, customers decide on budget standard tires, which in flip is restraining the Low-Profile Tire Market.To know about the Research Methodology :- Request Free Sample Report
Market Dynamics:
Vehicle weight reduction offered by using wide-based Low-Profile tires is driving the growth of the Low-Profile Tires Market. Fleet operators opt for broad base configuration of tires over twin tire configuration for their SUVs and buses. Unlike twin tire configuration, extensive base configuration makes use of solely one Low Profile Tire. The wide-based Low-Profile Tires minimize the standard weight and appreciably decrease fuel consumption. The decreased weight of automobile additionally permits fleet operators to put an excessive payload on vehicles, in particular in weight-sensitive applications. Thus, the improved fuel effeciency and automobile weight reduction will enhance the adoption of Low-profile tires in vehicles and buses, hence fueling the market growth during the forecast period. The use of nanotechnology-based products in tire manufacturing will assist in decreasing the put on and tear and enhancing the grip of tires. Nanotechnologies, such as single-walled carbon nanotubes, additionally assist in making tires greater durable, retaining their black coloration longer, and enhancing their warmness quality. Market carriers are adopting nanotechnology to reduce Low-Profile tires. 13 inches – 15 inches rim size dimension to be biggest segment in the Low-Profile Tires Market 13 -15 inches rim size dimension is generally used in passenger automobiles with GVWR <3.0 tons. Passenger vehicles which fall in hatchbacks, & compact sedan section are geared up with these rim sized tires. For instance, fashions such as Hyundai Avante, Volkswagen Polo, VW Rapid, Hyundai Accent, and others are geared up with 13”-15” rim measurement tires. Hence, the demand for 13”-15” rim measurement tires is the highest. For instance, top-selling passenger automobiles in China are Hyundai Avante, Nissan Bluebird, Toyota Corolla, Ford Escort VW Santana amongst others and they are geared up with 13”-15” rim measurement tires. Asia-Pacific is estimated to the greatest market in the Low-Profile Tires Market Asia-Pacific is estimated to the greatest market in the Low-Profile Tires Market of the forecast period. Factors such as growing demand for vehicles, growing focus on fuel efficiency, advanced technology developments, and rising use of public transportation are contributing to the Low-Profile Tire Market increase in this region. Over 29% of the market’s boom will originate from the Asia-Pacific in the forecast period. China is an indispensable market in the Low-Profile Tire Market in the Asia- Pacific. Market growth in this region will be faster than the increase of the market in different geographies. This factor is notably driving the increase of the Low-Profile Tires market in the aftermarket segment. Market increase via the aftermarket phase will be quicker than the market by way of the OEMs segment. The objective of the report is to present a comprehensive analysis of the Low-Profile Tire Market including all the stakeholders of the industry. The past and current status of the industry with forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all the aspects of the industry with a dedicated study of key players that includes market leaders, followers, and new entrants. PORTER, SVOR, PESTEL analysis with the potential impact of micro-economic factors of the market have been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analyzed, which will give a clear futuristic view of the industry to the decision-makers. The report also helps in understanding Low-Profile Tire Market dynamics, structure by analyzing the market segments and project the Low-Profile Tire Market size. Clear representation of competitive analysis of key players by Application, price, financial position, Product portfolio, growth strategies, and regional presence in the Low-Profile Tire Market make the report investor’s guide.Low Profile Tire Market Scope: Inquire before buying
Low Profile Tire Market Base Year 2022 Forecast Period 2023-2029 Historical Data CAGR Market Size in 2022 Market Size in 2029 2018 to 2022 9% US$ 33.79 Bn US$ 61.78 Bn Segments Covered by Rim size 13 inches - 15 inches 16 inches – 20 inches Above 21 inches by Vehicle type Passengers Light commercial vehicle Heavy commercial vehicle by Sales Channel OEMs Aftermarket Regions Covered North America United States Canada Mexico Europe UK France Germany Italy Spain Sweden Austria Rest of Europe Asia Pacific China S Korea Japan India Australia Indonesia Malaysia Vietnam Taiwan Bangladesh Pakistan Rest of APAC Middle East and Africa South Africa GCC Egypt Nigeria Rest of ME&A South America Brazil Argentina Rest of South America Low Profile Tire Market Key Players
1. Bridgestone Corporation 2. Continental AG 3. Apollo Tires Ltd 4. Goodyear Tire & Rubber Company 5. Michelin 6. Pirelli & C.S.P.A. 7. Sumitomo Rubber Industries Ltd 8. Yokohoma Rubber Co. Ltd. 9. Cooper Tire & Rubber Company Frequently Asked Questions: 1. Which region has the largest share in Global Low Profile Tire Market? Ans: Asia Pacific region held the highest share in 2022. 2. What is the growth rate of Global Low Profile Tire Market? Ans: The Global Market is growing at a CAGR of 9% during forecasting period 2023-2029. 3. What is scope of the Global Low Profile Tire Market report? Ans: Global Market report helps with the PESTEL, PORTER, COVID-19 Impact analysis, Recommendations for Investors & Leaders, and market estimation of the forecast period. 4. Who are the key players in Global Low Profile Tire Market? Ans: The important key players in the Global Market are – Bridgestone Corporation, Continental AG, Apollo Tires Ltd, Goodyear Tire & Rubber Company, Michelin, Pirelli & C.S.P.A., Sumitomo Rubber Industries Ltd, Yokohoma Rubber Co. Ltd., and Cooper Tire & Rubber Company 5. What is the study period of this Market? Ans: The Global Market is studied from 2023 to 2029.
Low Profile Tire Market 1. Preface 1.1. Report Scope and Market Segmentation 1.2. Research Highlights 1.3. Research Objectives 2. Assumptions and Research Methodology 2.1. Report Assumptions 2.2. Abbreviations 2.3. Research Methodology 2.3.1. Secondary Research 2.3.1.1. Secondary data 2.3.1.2. Secondary Sources 2.3.2. Primary Research 2.3.2.1. Data from Primary Sources 2.3.2.2. Breakdown of Primary Sources 3. Executive Summary: Low-Profile Tire Market Size, by Market Value (US$ Mn) 4. Market Overview 4.1. Introduction 4.2. Market Indicator 4.2.1. Drivers 4.2.2. Restraints 4.2.3. Opportunities 4.2.4. Challenges 4.3. Porter’s Analysis 4.4. Value Chain Analysis 4.5. Market Risk Analysis 4.6. SWOT Analysis 4.7. Industry Trends and Emerging Technologies 5. Supply Side and Demand Side Indicators 6. Low-Profile Tire Market Analysis and Forecast 7. Low-Profile Tire Market Analysis and Forecast, by Rim size 7.1 Introduction and Definition 7.2 Key Findings 7.3 Low-Profile Tire Market Value Share Analysis, by Rim size 7.4 Low-Profile Tire Market Size (US$ Mn) Forecast, by Rim size 7.5 Low-Profile Tire Market Analysis, by Rim size 7.6 Low-Profile Tire Market Attractiveness Analysis, by Rim size 8. Low-Profile Tire Market Analysis and Forecast, by Vehicle type 8.1 Introduction and Definition 8.2 Key Findings 8.3 Low-Profile Tire Market Value Share Analysis, by Vehicle type 8.4 Low-Profile Tire Market Size (US$ Mn) Forecast, by Vehicle type 8.5 Low-Profile Tire Market Analysis, by Vehicle type 8.6 Low-Profile Tire Market Attractiveness Analysis, by Vehicle type 9. Low-Profile Tire Market Analysis and Forecast, by Sales Channel 9.1 Introduction and Definition 9.2 Key Findings 9.3 Low-Profile Tire Market Value Share Analysis, by Sales Channel 9.4 Low-Profile Tire Market Size (US$ Mn) Forecast, by Sales Channel 9.5 Low-Profile Tire Market Analysis, by Sales Channel 9.6 Low-Profile Tire Market Attractiveness Analysis, by Sales Channel 10. Low-Profile Tire Market Analysis 10.1 Key Findings 10.2 Low-Profile Tire Market Overview 10.3 Low-Profile Tire Market Value Share Analysis, by Type 10.4 Low-Profile Tire Market, By Rim size 10.4.1 13 inches - 15 inches 10.4.2 16 inches - 20 inches 10.4.3 Above 20 inches 10.5 Low-Profile Tire Market, by Vehicle Type 10.5.1 Passengers 10.5.2 Light Commercial vehicle 10.5.3 Heavy Commercial Vehicle 10.6 Low-Profile Tire Market, By Sales Channel 10.6.1 OEMs 10.6.2 Aftermarket 10.7 Low-Profile Tire Market Attractive Analysis 10.7.1 By Rim size 10.7.2 Vehicle type 10.7.3 By Sales Channel 10.8 PEST Analysis 10.9 Key Trends 10.10 Key Developments 11 North America Low-Profile Tire Market Analysis 11.1 Key Findings 11.2 North America Low-Profile Tire Market Overview 11.3 North America Low-Profile Tire Market Value Share Analysis, by Type 11.4 North America Low-Profile Tire Market, By Rim size 11.4.1 13 inches - 15 inches 11.4.2 16 inches - 20 inches 11.4.3 Above 20 inches 11.5 North America Low-Profile Tire Market, by Vehicle Type 11.5.1 Passengers 11.5.2 Light Commercial vehicle 11.5.3 Heavy Commercial Vehicle 11.6 North America Low-Profile Tire Market, By Sales Channel 11.6.1 OEMs 11.6.2 Aftermarket 11.7 North America Low-Profile Tire Market, by Country 11.7.1 US 11.7.2 Canada 11.8 US Low-Profile Tire Market, By Rim size 11.8.1 13 inches - 15 inches 11.8.2 16 inches - 20 inches 11.8.3 Above 20 inches 11.9 US Low-Profile Tire Market, by Vehicle Type 11.9.1 Passengers 11.9.2 Light Commercial vehicle 11.9.3 Heavy Commercial Vehicle 11.10 US Low-Profile Tire Market, By Sales Channel 11.10.1 OEMs 11.10.2 Aftermarket 11.11 Canada Low-Profile Tire Market, By Rim size 11.11.1 13 inches - 15 inches 11.11.2 16 inches - 20 inches 11.11.3 Above 20 inches 11.12 Canada Low-Profile Tire Market, by Vehicle Type 11.12.1 Passengers 11.12.2 Light Commercial vehicle 11.12.3 Heavy Commercial Vehicle 11.13 Canada Low-Profile Tire Market, By Sales Channel 11.13.1 OEMs 11.13.2 Aftermarket 11.14 North America Low-Profile Tire Market Attractive Analysis 11.14.1 By Rim size 11.14.2 Vehicle type 11.14.3 By Sales Channel 11.15 PEST Analysis 11.16 Key Trends 11.17 Key Developments 12 Europe Low-Profile Tire Market Analysis 12.1 Key Findings 12.2 Europe Low-Profile Tire Market Overview 12.3 Europe Low-Profile Tire Market Value Share Analysis, by Type 12.4 Europe Low-Profile Tire Market, By Rim size 12.4.1 13 inches - 15 inches 12.4.2 16 inches - 20 inches 12.4.3 Above 20 inches 12.5 Europe Low-Profile Tire Market, by Vehicle Type 12.5.1 Passengers 12.5.2 Light Commercial vehicle 12.5.3 Heavy Commercial Vehicle 12.6 Europe Low-Profile Tire Market, by Sales Channel 12.6.1 OEMs 12.6.2 Aftermarket 12.7 Europe Low-Profile Tire Market, by Country 12.7.1 UK 12.7.2 France 12.7.3 Germany 12.7.4 Italy 12.7.5 Spain 12.7.6 Norway 12.7.7 Russia 12.8 UK Low-Profile Tire Market, By Rim size 12.8.1 13 inches - 15 inches 12.8.2 16 inches - 20 inches 12.8.3 Above 20 inches 12.9 UK Low-Profile Tire Market, by Vehicle Type 12.9.1 Passengers 12.9.2 Light Commercial vehicle 12.9.3 Heavy Commercial Vehicle 12.10 UK Low-Profile Tire Market, By Sales Channel 12.10.1 OEMs 12.10.2 Aftermarket 12.11 France Low-Profile Tire Market, By Rim size 12.11.1 13 inches - 15 inches 12.11.2 16 inches - 20 inches 12.11.3 Above 20 inches 12.12 France Low-Profile Tire Market, by Vehicle Type 12.12.1 Passengers 12.12.2 Light Commercial vehicle 12.12.3 Heavy Commercial Vehicle 12.13 France Low-Profile Tire Market, By Sales Channel 12.13.1 OEMs 12.13.2 Aftermarket 12.14 Germany Low-Profile Tire Market, By Rim size 12.14.1 13 inches - 15 inches 12.14.2 16 inches - 20 inches 12.14.3 Above 20 inches 12.15 Germany Low-Profile Tire Market, by Vehicle Type 12.15.1 Passengers 12.15.2 Light Commercial vehicle 12.15.3 Heavy Commercial Vehicle 12.16 Germany Low-Profile Tire Market, By Sales Channel 12.16.1 OEMs 12.16.2 Aftermarket 12.17 Italy Low-Profile Tire Market, By Rim size 12.17.1 13 inches - 15 inches 12.17.2 16 inches - 20 inches 12.17.3 Above 20 inches 12.18 Italy Low-Profile Tire Market, by Vehicle Type 12.18.1 Passengers 12.18.2 Light Commercial vehicle 12.18.3 Heavy Commercial Vehicle 12.19 Italy Low-Profile Tire Market, By Sales Channel 12.19.1 OEMs 12.19.2 Aftermarket 12.20 Spain Low-Profile Tire Market, By Rim size 12.20.1 13 inches - 15 inches 12.20.2 16 inches - 20 inches 12.20.3 Above 20 inches 12.21 Spain Low-Profile Tire Market, by Vehicle Type 12.21.1 Passengers 12.21.2 Light Commercial vehicle 12.21.3 Heavy Commercial Vehicle 12.22 Spain Low-Profile Tire Market, By Sales Channel 12.22.1 OEMs 12.22.2 Aftermarket 12.23 Norway Low-Profile Tire Market, By Rim size 12.23.1 13 inches - 15 inches 12.23.2 16 inches - 20 inches 12.23.3 Above 20 inches 12.24 Norway Low-Profile Tire Market, by Vehicle Type 12.24.1 Passengers 12.24.2 Light Commercial vehicle 12.24.3 Heavy Commercial Vehicle 12.25 Norway Low-Profile Tire Market, By Sales Channel 12.25.1 OEMs 12.25.2 Aftermarket 12.26 Russia Low-Profile Tire Market, By Rim size 12.26.1 13 inches - 15 inches 12.26.2 16 inches - 20 inches 12.26.3 Above 20 inches 12.27 Russia Low-Profile Tire Market, by Vehicle Type 12.27.1 Passengers 12.27.2 Light Commercial vehicle 12.27.3 Heavy Commercial Vehicle 12.28 Russia Low-Profile Tire Market, By Sales Channel 12.28.1 OEMs 12.28.2 Aftermarket 12.29 Europe Low-Profile Tire Market Attractive Analysis 12.29.1 By Rim size 12.29.2 Vehicle type 12.29.3 By Sales Channel 12.30 PEST Analysis 12.31 Key Trends 12.32 Key Developments 13 Asia Pacific Low-Profile Tire Market Analysis 13.1 Key Findings 13.2 Asia Pacific Low-Profile Tire Market Overview 13.3 Asia Pacific Low-Profile Tire Market Value Share Analysis, by Type 13.4 Asia Pacific Low-Profile Tire Market, By Rim size 13.4.1 13 inches - 15 inches 13.4.2 16 inches - 20 inches 13.4.3 Above 20 inches 13.5 Asia Pacific Low-Profile Tire Market, by Vehicle Type 13.5.1 Passengers 13.5.2 Light Commercial vehicle 13.5.3 Heavy Commercial Vehicle 13.6 Asia Pacific Low-Profile Tire Market, By Sales Channel 13.6.1 OEMs 13.6.2 Aftermarket 13.7 Asia Pacific Low-Profile Tire Market, by Country 13.7.1 China 13.7.2 India 13.7.3 Japan 13.7.4 South Korea 13.7.5 Australia 13.7.6 Malaysia 13.7.7 Indonesia 13.8 China Low-Profile Tire Market, By Rim size 13.8.1 13 inches - 15 inches 13.8.2 16 inches - 20 inches 13.8.3 Above 20 inches 13.9 China Low-Profile Tire Market, by Vehicle Type 13.9.1 Passengers 13.9.2 Light Commercial vehicle 13.9.3 Heavy Commercial Vehicle 13.10 China Low-Profile Tire Market, By Sales Channel 13.10.1 OEMs 13.10.2 Aftermarket 13.11 India Low-Profile Tire Market, By Rim size 13.11.1 13 inches - 15 inches 13.11.2 16 inches - 20 inches 13.11.3 Above 20 inches 13.12 India Low-Profile Tire Market, by Vehicle Type 13.12.1 Passengers 13.12.2 Light Commercial vehicle 13.12.3 Heavy Commercial Vehicle 13.13 India Low-Profile Tire Market, By Sales Channel 13.13.1 OEMs 13.13.2 Aftermarket 13.14 Japan Low-Profile Tire Market, By Rim size 13.14.1 13 inches - 15 inches 13.14.2 16 inches - 20 inches 13.14.3 Above 20 inches 13.15 Japan Low-Profile Tire Market, by Vehicle Type 13.15.1 Passengers 13.15.2 Light Commercial vehicle 13.15.3 Heavy Commercial Vehicle 13.16 Japan Low-Profile Tire Market, by Sales Channel 13.16.1 OEMs 13.16.2 Aftermarket 13.17 South Korea Low-Profile Tire Market, By Rim size 13.17.1 13 inches - 15 inches 13.17.2 16 inches - 20 inches 13.17.3 Above 20 inches 13.18 South Korea Low-Profile Tire Market, by Vehicle Type 13.18.1 Passengers 13.18.2 Light Commercial vehicle 13.18.3 Heavy Commercial Vehicle 13.19 South Korea Low-Profile Tire Market, By Sales Channel 13.19.1 OEMs 13.19.2 Aftermarket 13.20 Australia Low-Profile Tire Market, By Rim size 13.20.1 13 inches - 15 inches 13.20.2 16 inches - 20 inches 13.20.3 Above 20 inches 13.21 Australia Low-Profile Tire Market, by Vehicle Type 13.21.1 Passengers 13.21.2 Light Commercial vehicle 13.21.3 Heavy Commercial Vehicle 13.22 Australia Low-Profile Tire Market, By Sales Channel 13.22.1 OEMs 13.22.2 Aftermarket 13.23 Malaysia Low-Profile Tire Market, By Rim size 13.23.1 13 inches - 15 inches 13.23.2 16 inches - 20 inches 13.23.3 Above 20 inches 13.24 Malaysia Low-Profile Tire Market, by Vehicle Type 13.24.1 Passengers 13.24.2 Light Commercial vehicle 13.24.3 Heavy Commercial Vehicle 13.25 Malaysia Low-Profile Tire Market, By Sales Channel 13.25.1 OEMs 13.25.2 Aftermarket 13.26 Indonesia Low-Profile Tire Market, By Rim size 13.26.1 13 inches - 15 inches 13.26.2 16 inches - 20 inches 13.26.3 Above 20 inches 13.27 Indonesia Low-Profile Tire Market, by Vehicle Type 13.27.1 Passengers 13.27.2 Light Commercial vehicle 13.27.3 Heavy Commercial Vehicle 13.28 Indonesia Low-Profile Tire Market, by By Sales Channel 13.28.1 OEMs 13.28.2 Aftermarket 13.29 Asia Pacific Low-Profile Tire Market Attractive Analysis 13.29.1 By Rim size 13.29.2 Vehicle type 13.29.3 By Sales Channel 13.30 PEST Analysis 13.31 Key Trends 13.32 Key Developments 14 ME&A Low-Profile Tire Market Analysis 14.1 Key Findings 14.2 ME&A Low-Profile Tire Market Overview 14.3 ME&A Low-Profile Tire Market Value Share Analysis, by Type 14.4 ME&A Low-Profile Tire Market, By Rim size 14.4.1 13 inches - 15 inches 14.4.2 16 inches - 20 inches 14.4.3 Above 20 inches 14.5 ME&A Low-Profile Tire Market, by Vehicle Type 14.5.1 Passengers 14.5.2 Light Commercial vehicle 14.5.3 Heavy Commercial Vehicle 14.6 ME&A Low-Profile Tire Market, by By Sales Channel 14.6.1 OEMs 14.6.2 Aftermarket 14.7 ME&A Low-Profile Tire Market, by Region 14.7.1 GCC 14.7.2 South Africa 14.7.3 Rest of ME&A 14.8 GCC Low-Profile Tire Market, By Rim size 14.8.1 13 inches - 15 inches 14.8.2 16 inches - 20 inches 14.8.3 Above 20 inches 14.9 GCC Low-Profile Tire Market, by Vehicle Type 14.9.1 Passengers 14.9.2 Light Commercial vehicle 14.9.3 Heavy Commercial Vehicle 14.10 GCC Low-Profile Tire Market, By Sales Channel 14.10.1 OEMs 14.10.2 Aftermarket 14.11 South Africa Low-Profile Tire Market, By Rim size 14.11.1 13 inches - 15 inches 14.11.2 16 inches - 20 inches 14.11.3 Above 20 inches 14.12 South Africa Low-Profile Tire Market, by Vehicle Type 14.12.1 Passengers 14.12.2 Light Commercial vehicle 14.12.3 Heavy Commercial Vehicle 14.13 South Africa Low-Profile Tire Market, By Sales Channel 14.13.1 OEMs 14.13.2 Aftermarket 14.14 Rest of ME&A Low-Profile Tire Market, By Rim size 14.14.1 13 inches - 15 inches 14.14.2 16 inches - 20 inches 14.14.3 Above 20 inches 14.15 Rest of ME&A Low-Profile Tire Market, by Vehicle Type 14.15.1 Passengers 14.15.2 Light Commercial vehicle 14.15.3 Heavy Commercial Vehicle 14.16 Rest of ME&A Low-Profile Tire Market, By Sales Channel 14.16.1 OEMs 14.16.2 Aftermarket 14.17 ME&A Low-Profile Tire Market Attractive Analysis 14.17.1 By Rim size 14.17.2 Vehicle type 14.17.3 By Sales Channel 14.18 PEST Analysis 14.19 Key Trends 14.20 Key Developments 15 South America Low-Profile Tire Market Analysis 15.1 Key Findings 15.2 South America Low-Profile Tire Market Overview 15.3 South America Low-Profile Tire Market Value Share Analysis, by Type 15.4 South America Low-Profile Tire Market, By Rim size 15.4.1 13 inches - 15 inches 15.4.2 16 inches - 20 inches 15.4.3 Above 20 inches 15.5 South America Low-Profile Tire Market, by Vehicle Type 15.5.1 Passengers 15.5.2 Light Commercial vehicle 15.5.3 Heavy Commercial Vehicle 15.6 South America Low-Profile Tire Market, By Sales Channel 15.6.1 OEMs 15.6.2 Aftermarket 15.7 South America Low-Profile Tire Market, by Country 15.7.1 Brazil 15.7.2 Mexico 15.7.3 Argentina 15.8 Brazil Low-Profile Tire Market, By Rim size 15.8.1 13 inches - 15 inches 15.8.2 16 inches - 20 inches 15.8.3 Above 20 inches 15.9 Brazil Low-Profile Tire Market, by Vehicle Type 15.9.1 Passengers 15.9.2 Light Commercial vehicle 15.9.3 Heavy Commercial Vehicle 15.10 Brazil Low-Profile Tire Market, By Sales Channel 15.10.1 OEMs 15.10.2 Aftermarket 15.11 Mexico Low-Profile Tire Market, By Rim size 15.11.1 13 inches - 15 inches 15.11.2 16 inches - 20 inches 15.11.3 Above 20 inches 15.12 Mexico Low-Profile Tire Market, by Vehicle Type 15.12.1 Passengers 15.12.2 Light Commercial vehicle 15.12.3 Heavy Commercial Vehicle 15.13 Mexico Low-Profile Tire Market, By Sales Channel 15.13.1 OEMs 15.13.2 Aftermarket 15.14 Argentina Low-Profile Tire Market, By Rim size 15.14.1 13 inches - 15 inches 15.14.2 16 inches - 20 inches 15.14.3 Above 20 inches 15.15 Argentina Low-Profile Tire Market, by Vehicle Type 15.15.1 Passengers 15.15.2 Light Commercial vehicle 15.15.3 Heavy Commercial Vehicle 15.16 Argentina Low-Profile Tire Market, By Sales Channel 15.16.1 OEMs 15.16.2 Aftermarket 15.17 South America Low-Profile Tire Market Attractive Analysis 15.17.1 By Rim size 15.17.2 Vehicle type 15.17.3 By Sales Channel 15.18 PEST Analysis 15.19 Key Trends 15.20 Key Developments 16 Company Profiles 16.1 Market Share Analysis, by Company 16.2 Market Share Analysis, by Region 16.3 Market Share Analysis, by Country 16.4 Competition Matrix 16.4.1 Competitive Benchmarking of key players by price, presence, market share, Application and R&D investment 16.4.2 New Product Launches and Product Enhancements 16.4.3 Market Consolidation 16.4.3.1 M&A by Regions, Investment and Application 16.4.3.2 M&A Key Players, Forward Integration and Backward Integration 16.5 Company Profiles: Key Players 16.5.1 Bridgestone Corporation 16.5.2 Continental AG 16.5.3 Apollo Tires Ltd 16.5.4 Goodyear Tire & Rubber Company 16.5.5 Michelin 16.5.6 Pirelli & C.S.P.A. 16.5.7 Sumitomo Rubber Industries Ltd 16.5.8 Yokohoma Rubber Co. Ltd. 16.5.9 Cooper Tire & Rubber Company 17 Primary Key Insights.