Southeast Asia Tyre Markets, 2014-2024F

DUBLIN, Nov. 20, 2019 /PRNewswire/ -- The "Southeast Asia Tyre Market (2018-2024): Market Forecast by Tyre Types, by End Markets, by Vehicle Types, by Countries, and Competitive Landscape" report has been added to ResearchAndMarkets.com's offering.

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South East Asia tyre market is projected to grow at a CAGR of over 8.3% during 2018-24.

Growing demand for passenger vehicles, surging domestic manufacturing as well as opportunities in the aftermarket has propelled the demand for tyres in the South East Asia region. Moreover, government visions such as Indonesia vision 2045 and Vietnam vision 2035 would result in an increase in the level of disposable income in the region. Further resulting in higher adoption of vehicles and would spur the growth of the tyre market in South East Asia over the next six years.

Radial Tyre is the key revenue generating segment in the market owing to its low life-cycle cost and high deployment, especially in the passenger vehicles and two & three-wheeler vehicles. In passenger vehicles, majorly radial tyres are installed due to availability of certain key features such as higher safety, long-term value and lower life-cycle cost. Further, radial tyres are expected to maintain its dominance during the forecast period as well due to a surge in the sales of passenger vehicles in the region.

Two and Three-Wheeler vehicles are the leading market revenue generating segment in the overall tyre market. With increasing consumer spending and solid macroeconomic conditions of several southeast Asian countries, the dominance of the two and three-wheeler vehicles is expected to continue during the forecast period as well. In addition, the commercial vehicle segment is also anticipated to grow at a very healthy pace on account of the growing logistics sector and rising investment spending.

The report thoroughly covers the market by vehicle types, tyre types, end markets and regions. The report provides an unbiased and detailed analysis of the on-going trends, opportunities/high growth areas and market drivers which would help the stakeholders to device and align their market strategies according to the current and future market dynamics.

Key Highlights of the Report:

    --  South East Asia Tyre Market Share, By Regions 2017 & 2024.
    --  Historical Data and forecast of Indonesia Tyre Market Revenues and
        Volume for the Period 2014-2024F.
    --  Historical Data and forecast of Indonesia Tyre Market Revenues and
        Volume By Tyre Types, Vehicle Types, and End Markets for the Period
        2014-2024F.
    --  Historical Data and forecast of Malaysia Tyre Market Revenues and Volume
        for the Period 2014-2024F.
    --  Historical Data and forecast of Malaysia Tyre Market Revenues and Volume
        By Tyre Types, Vehicle Types, and End Markets for the Period 2014-2024F.
    --  Historical Data and forecast of Singapore Tyre Market Revenues and
        Volume for the Period 2014-2024F.
    --  Historical Data and forecast of Singapore Tyre Market Revenues and
        Volume By Tyre Types, Vehicle Types, and End Markets for the Period
        2014-2024F.
    --  Historical Data and forecast of Thailand Tyre Market Revenues and Volume
        for the Period 2014-2024F.
    --  Historical Data and forecast of Thailand Tyre Market Revenues and Volume
        By Tyre Types, Vehicle Types, and End Markets for the Period 2014-2024F.
    --  Historical Data and forecast of Philippines Tyre Market Revenues and
        Volume for the Period 2014-2024F.
    --  Historical Data and forecast of Philippines Tyre Market Revenues and
        Volume By Tyre Types, Vehicle Types, and End Markets for the Period
        2014-2024F.
    --  Historical Data and forecast of Vietnam Tyre Market Revenues and Volume
        for the Period 2014-2024F.
    --  Historical Data and forecast of Vietnam Tyre Market Revenues and Volume
        By Tyre Types, Vehicle Types, and End Markets for the Period 2014-2024F.
    --  Historical Data and forecast of Myanmar Tyre Market Revenues and Volume
        for the Period 2014-2024F.
    --  Historical Data and forecast of Myanmar Tyre Market Revenues and Volume
        By Tyre Types, Vehicle Types, and End Markets for the Period 2014-2024F.
    --  Historical Data and forecast of Cambodia Tyre Market Revenues and Volume
        for the Period 2014-2024F.
    --  Historical Data and forecast of Cambodia Tyre Market Revenues and Volume
        By Tyre Types, Vehicle Types, and End Markets for the Period 2014-2024F.
    --  Historical Data and forecast of Rest of Southeast Asia Tyre Market
        Revenues and Volume for the Period 2014-2024F.
    --  Market Drivers and Restraints.
    --  Market Trends and Industry Life Cycle.
    --  Market Opportunity Assessment.
    --  Company Profiles
    --  Competitive Benchmarking
    --  Market Share, By Players
    --  Strategic Recommendations

Market Segmentation

The report offers a detailed analysis of the following market segments:

By Tyre Types

    --  Radial Tyres
    --  Bias Tyres

By End Markets

    --  OEM
    --  Replacement

By Vehicle Types

    --  Passenger Vehicle
    --  Commercial Vehicle
    --  Two and Three Wheeler Vehicles

By Countries

    --  Indonesia
    --  Malaysia
    --  Singapore
    --  Thailand
    --  Philippines
    --  Vietnam
    --  Myanmar
    --  Cambodia
    --  Rest of the Southeast Asia Region

Company Profiles

    --  Bridgestone Corporation
    --  Cheng Shin Rubber Ind. Co., Ltd.
    --  Continental AG
    --  General Company Establishment Michelin
    --  Giti Tire Corporation
    --  Hankook Tire Co. Ltd.
    --  Sumitomo Rubber Industries, Ltd.
    --  The Goodyear Tire & Rubber Company
    --  The Yokohama Rubber Co., Ltd.
    --  Toyo Tire & Rubber Co., Ltd.

For more information about this report visit https://www.researchandmarkets.com/r/1kbu9w

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