Home Automotive and Transportation Truck and Bus Radial (TBR) Tire Market Size & Share analysis by 2031

Truck and Bus Radial (TBR) Tire Market Size & Outlook, 2023-2031

Truck and Bus Radial (TBR) Tire Market Size, Share & Trends Analysis Report By Vehicle Type (Trucks , Buses), By Tire Axle (Steer Tires, Drive Tires, Trailer Tires, Others (All-Position Tire)), By End Use Industry (Construction Vehicles, Cement, Mining, Transportation and Logistics), By Distribution Channel (OEM, Aftermarket), By Sales Channel (Offline , Online) and By Region(North America, Europe, APAC, Middle East and Africa, LATAM) Forecasts, 2023-2031

Report Code: SRAT55548DR
Last Updated : Nov, 2023
Pages : 110
Author : Abhijeet Patil
Format : PDF, Excel

Research Methodology – Truck and Bus Radial (TBR) Tire Market

At Straits Research, we adopt a rigorous 360° research approach that integrates both primary and secondary research methodologies. This ensures accuracy, reliability, and actionable insights for stakeholders. Our methodology for the Truck and Bus Radial (TBR) Tire Market comprises the following key stages:


Market Indicator & Macro-Factor Analysis

Our baseline thesis for the Truck and Bus Radial (TBR) Tire Market is developed by integrating key market indicators and macroeconomic variables. These include:

1 Factors considered while calculating market size and share

  • Total number of trucks and buses in operation worldwide.
  • Sale of new trucks and buses each year.
  • Replacement rate of truck and bus radial (TBR) tires.
  • Price trends for TBR tires.
  • Market presence of key TBR tire manufacturers and their market share.
  • Global vehicle production statistics and forecasts.
  • Trade policies affecting tire imports and exports between major countries.

2 Key Market Indicators

  • Trends in the commercial vehicle market.
  • Forecasted growth or slump in the transportation industry.
  • Changes in raw material prices which impact tire manufacturing costs.
  • Government regulations that impact tire specifications, like tread life, rolling resistance, or traction.
  • Environmental regulations impacting tire disposal and recycling.
  • Advancements in tire technology and adoption rate of new TBR tires.

3 Growth Trends

  • Increase in demand for commercial vehicles due to rising logistics and transportation activities.
  • Growth of the e-commerce industry leading to increased demand for commercial vehicles and therefore TBR tires.
  • Shift towards the use of advanced, fuel-efficient and long-lasting TBR tires.
  • Emergence of new markets in developing countries due to improving road infrastructure.
  • Growth of retreading tire market due to cost effectiveness and environmental sustainability.

Secondary Research

Our secondary research forms the foundation of market understanding and scope definition. We collect and analyze information from multiple reliable sources to map the overall ecosystem of the Truck and Bus Radial (TBR) Tire Market. Key inputs include:

Company-Level Information
  • Annual reports, investor presentations, SEC filings
  • Company press releases and product launch announcements
  • Public executive interviews and earnings calls
  • Strategy briefings and M&A updates
Industry and Government Sources
  • Country-level industry associations and trade bodies
  • Government dossiers, policy frameworks, and official releases
  • Whitepapers, working papers, and public R&D initiatives
  • Relevant Associations for the Truck and Bus Radial (TBR) Tire Market
Market Intelligence Sources
  • Broker reports and financial analyst coverage
  • Paid databases (Hoovers, Factiva, Refinitiv, Reuters, Statista, etc.)
  • Import/export trade data and tariff databases
  • Sector-specific journals, magazines, and news portals
Macro & Consumer Insights
  • Global macroeconomic indicators and their cascading effect on the industry
  • Demand–supply outlook and value chain analysis
  • Consumer behaviour, adoption rates, and commercialization trends

Primary Research

To validate and enrich our secondary findings, we conduct extensive primary research with industry stakeholders across the value chain. This ensures we capture both qualitative insights and quantitative validation. Our primary research includes:

Expert Insights & KOL Engagements
  • Key Opinion Leader (KOL) Engagements
  • Structured interviews with executives, product managers, and domain experts
  • Paid and barter-based interviews across manufacturers, distributors, and end-users
Focused Discussions & Panels
  • Discussions with stakeholders to validate demand-supply gaps
  • Group discussions on emerging technologies, regulatory shifts, and adoption barriers
Data Validation & Business POV
  • Cross-verification of market sizing and forecasts with industry insiders
  • Capturing business perspectives on growth opportunities and restraints

Data Triangulation & Forecasting

The final step of our research involves data triangulation ensuring accuracy through cross-verification of:

  • Demand-side analysis (consumption patterns, adoption trends, customer spending)
  • Supply-side analysis (production, capacity, distribution, and market availability)
  • Macroeconomic & microeconomic impact factors
Forecasting is carried out using proprietary models that combine:
  • Time-series analysis
  • Regression and correlation studies
  • Baseline modeling
  • Expert validation at each stage

Outcome

The outcome is a comprehensive and validated market model that captures:

  • Market sizing (historical, current, forecast)
  • Growth drivers and restraints
  • Opportunity mapping and investment hotspots
  • Competitive positioning and strategic insights

Available for purchase with detailed segment data, forecasts, and regional insights.

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