The tire (tyre) industry has undergone structural changes. In the future, automobile tires will gradually move toward larger sizes. According to a survey by Tire(Tyre) Business Network:
In 2017, the most popular tire (tyre) specification in the United States was 205/55 R16. Among the top ten, 17-inch and above tires accounted for 5 seats;
In 2018, the most popular tire(tyre) specification in the United States became 225/65 R17. Among the top ten, 17-inch and above tires were upgraded to 6 seats;
In 2019/2020, the most popular tire (tyre)specification in the United States is still 225/65 R17. Among the top ten, 17-inch and above tires have been upgraded to 7 seats.
Chart: U.S. car tires popular specifications move towards larger sizes
Ranking | 2020 | 2019 | 2018 | 2017 |
1 | 225/65 R17 | 225/65 R17 | 225/65 R17 | 205/55 R16 |
2 | 205/55 R16 | 275/55 R20 | 205/55 R16 | 215/60 R16 |
3 | 215/55 R17 | 205/55 R16 | 215/60 R16 | 225/65 R17 |
4 | 215/60 R16 | 265/70 R17 | 215/55 R17 | 215/55 R17 |
5 | 195/65 R15 | 215/55 R17 | 195/65 R15 | 195/65 R15 |
6 | 225/50 R17 | 225/50 R17 | 265/70 R17 | 265/70 R17 |
7 | 275/55 R20 | 215/60 R16 | 275/55 R20 | 225/60 R16 |
8 | 235/60 R18 | 235/60 R18 | 225/50 R17 | 225/50 R17 |
9 | 265/70 R17 | 195/65 R15 | 225/60 R16 | 275/55 R20 |
10 | 225/60 R17 | 235/65 R17 | 225/55 R17 | 245/75 R16 |
Number of tires 17 inch and above | 7 | 7 | 6 | 5 |
Number of tires under 17 inches | 3 | 3 | 4 | 5 |
The tyre manufacturing business is undergoing a structural shift, with the future of automotive tires gradually moving to larger sizes. The following are the results of the survey according to Tire (Tyre) Business Network.
The most popular tire(tyre) size in China in 2018 is 205/55 R16, and among the top ten, 17-inch and above tires account for six seats.
In 2020, the most popular tire(tyre) size in China is 225/55 R18, in the top ten, 17-inch and above tires accounted for 7 seats.
Chart: China's car tires popular specifications towards large size
Ranking | 2020 | 2019 | 2018 |
1 | 225/55 R18 | 205/55 R16 | 205/55 R16 |
2 | 215/55 R17 | 215/55 R17 | 215/55 R17 |
3 | 225/60 R18 | 215/60 R17 | 225/65 R17 |
4 | 205/55 R16 | 225/60 R18 | 265/65 R17 |
5 | 205/60 R16 | 245/70 R16 | 195/65 R15 |
6 | 235/55 R18 | 215/50 R17 | 225/60 R18 |
7 | 215/60 R17 | 205/60 R16 | 215/50 R17 |
8 | 195/70 R15 | 235/55 R19 | 185/65 R15 |
9 | 235/50 R19 | 225/65 R17 | 205/60 R16 |
10 | 215/50 R17 | 205/50 R17 | 225/60 R17 |
Number of tires 17 inch and above | 7 | 7 | 6 |
Number of tires under 17 inches | 3 | 3 | 4 |
The tire (tyre)industry has undergone structural changes. Under the influence of COVID-19, tire sales will generally decline in 2020. However, the decline of large-size tires is relatively small, and the consumption structure continues to shift to large-size tires:
In 2020, the American Tire (Tyre) Manufacturers Association's sales of 17-inch and larger tires in the American market will only drop by 9%, while the sales of tires below 17-inch will drop by 18%;
In 2020, the sales of 17-inch and above tires in the European and Turkish markets by members of the European Tire (Tyre)and Rubber Manufacturers Association decreased by only 6%, while the sales of tires below 17-inch decreased by 15%.
Chart: The decline in sales of 17-inch and above tires in 2020 is less than that of tires below 17 inches
2020Q4 | 2019Q4 | 2020 | 2019 | 2018 | |
Member of American Tire Manufacturers Association (17 inches and above) | -5% | +5% | -9% | +6% | +7% |
Member of American Tire Manufacturers Association (17 inches and below) | -10% | -8% | -18% | -8% | -11% |
Total Number | -7% | 0% | -12% | 0% | +3% |
European Tire and Rubber Manufacturers Association (17 inches and above) | 1% | +10% | -6% | +7% | +9% |
European Tire and Rubber Manufacturers Association (17 inches and below) | -7% | -6% | -15% | -7% | -3% |
Total Number | -5% | -2% | -12% | -3% | +1% |
Chart: Bridgestone's sales of industrial and mining tires and large-size tires in 2020
Industrial and Mining Tires | Passenger car tires (18 inches and above) | |||||
Tire Size | Market Type | 2020 | 2019 | 2020 | 2019 | |
Oversized | Original and Replacement Markets | / | 2% | Original and Replacement Markets | -0.1 | 0.06 |
Replacement Market | -17% | 2% | ||||
Large size | Original and Replacement Markets | -20% | -2% | Replacement Market | -0.01 | 0.1 |
Replacement Market | -13% | 6% |
Chart: Goodyear's large-size tire(tyre)sales in 2020
17 inch and above tires | 2020 | 2019 | 2018 |
U.S. replacement market | -18% | +10% | +12% |
Replacement markets in Europe and Turkey | -14% | +4% | +12% |