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Iran Tyre Market Forecast and Opportunities, 2020

  • September 2015
  • -
  • TechSci Research
  • -
  • 100 pages

Iran has the largest automotive industry among the Middle Eastern countries. However, on account of sanctions imposed on Iran by P5 nations (China, France, Russia, UK and US) due to continuous expansion of nuclear programs by the country, the automobile production and sales witnessed a decline during 2010-14. However, after protracted negotiations between Iran and P5 nations, a Joint Comprehensive Plan of Action (JCPOA) was signed by both the sides in Austria on 14th July, 2015. This move is expected to stimulate economic activity in the country over the next five years, which in turn, would boost growth prospects for automobile and tyre industry in Iran. Anticipated revival in automobile industry is expected to drive OEM as well as replacement tyre demand, which is expected to translate into double digit growth of the country’s tyre industry during the forecast period.

According to TechSci Research report “Iran Tyre Market Forecast & Opportunities, 2020”, the replacement tyre segment accounted for around two-third of the market share in 2014. However, expected increase in automobile production during the forecast period is expected to increase the share of OEM tyre segment during 2015-20. Over the last few years, various international tyre brands like Bridgestone, Continental, Michelin etc. had restricted their operations in the country due to imposed sanctions on Iran. Consequently, over the course of last few years, tyre market in Iran has been dominated by domestic tyre companies like Barez Tyre, Kavir tyre, Yazd Tyre, etc. Easing of sanctions is expected to trigger re-entry of leading international players into the country, which would reduce the market dominance of domestic tyre manufacturers in Iran in the coming years. “Iran Tyre Market Forecast and Opportunities, 2020” discusses the following aspects related to tyre market in Iran:

- Iran Tyre Market Size, Share & Forecast
- Segmental Analysis – Passenger Car Tyres, Light Commercial Vehicle Tyres, Medium & Heavy Commercial Vehicle Tyres, Two-Wheeler Tyres & OTR Tyres
- Policy and Regulatory Environment
- Changing Market Trends and Emerging Opportunities
- Competitive Landscape and Strategic Recommendations

Why You Should Buy This Report?

- To gain an in-depth understanding of tyre market in Iran
- To identify the on-going trends and segment wise anticipated growth in the coming years
- To help industry consultants, tyre companies and other stakeholders to align their market-centric strategies
- To obtain research based business decision and add weight to presentations and marketing material
- To gain competitive knowledge of leading players
- To avail 10% customization in the report without any extra charges and get the research data or trends added in the report as per the buyer’s specific needs

Report Methodology

The information contained in this report is based on both primary and secondary sources. Primary research included interviews with tyre companies, distributors, retailers and industry experts. Secondary research included an exhaustive search of relevant publications like company annual reports, financial reports and other proprietary databases.

Table Of Contents

Iran Tyre Market Forecast and Opportunities, 2020
1. Research Methodology
2. Analyst View
3. Product Overview
4. Iran Tyre Market Outlook
4.1. Market Size and Forecast
4.1.1. By Value and Volume
4.2. Market Share and Forecast
4.2.1. By Vehicle Type (Passenger Car, Commercial Vehicle, Two-wheeler and OTR)
4.2.2. By OEM vs Replacement
4.2.3. By Company
4.2.4. By Region
5. Iran Passenger Car (PC) Tyre Market Outlook
5.1. Market Size and Forecast
5.1.1. By Value and Volume
5.2. Market Share and Forecast
5.2.1. By Vehicle Type (Sedan, SUV and Hatchback)
6. Iran Light Commercial Vehicle (LCV) Tyre Market Outlook
6.1. Market Size and Forecast
6.1.1. By Value and Volume
6.2. Market Share and Forecast
6.2.1. By Vehicle Type (Van, Light Bus and Pick-up Truck)
7. Iran Medium and Heavy Commercial Vehicle (MHCV) Tyre Market Outlook
7.1. Market Size and Forecast
7.1.1. By Value and Volume
7.2. Market Share and Forecast
7.2.1. By Vehicle Type (Truck and Bus)
8. Iran Two-Wheeler (2W) Tyre Market Outlook
8.1. Market Size and Forecast
8.1.1. By Value and Volume
9. Iran OTR Tyre Market Outlook
9.1. Market Size and Forecast
9.1.1. By Value and Volume
9.2. Market Share and Forecast
9.2.1. By Vehicle Type (Mining Equipment, Construction Equipment, Agriculture Vehicle and Others)
10. Price Point Analysis
11. Raw Material Analysis
12. Market Dynamics
12.1. Drivers
12.2. Challenges
13. Market Trends and Developments
14. Policy and Regulatory Landscape
15. Iran Economic Profile
16. Competitive Landscape
16.1. Barez Industrial Group
16.2. Yazd Rubber Industries Complex (YRIC)
16.3. Hankook Tire Corporation
16.4. Kumho Tire Co. Inc.
16.5. Nexen Tire
16.6. Cheng-Shin Rubber Ind. Co. Ltd. (Maxxis Tyres)
16.7. Iran Tire Manufacturing Co.
16.8. Pars Tire Co.
16.9. Artawheel Tire Co.
16.10. Falken Tire
17. Strategic Recommendations

List of Figures

Figure 1: Iran Tyre Market Size, By Value (USD Billion), By Volume (Million Units), 2010-2020F
Figure 2: Iran Tyre Market Share, By Vehicle Type, By Volume, 2010-2020F
Figure 3: Iran Tyre Market Share, By OEM vs Replacement, By Volume, 2010-2020F
Figure 4: Iran Tyre Market Share, By Company, By Volume, 2014-2020F
Figure 5: Iran Tyre Market Share, By Region, By Volume, 2014 and 2020F
Figure 6: Iran Passenger Car Tyre Market Size, By Value (USD Billion), By Volume (Million Units), 2010-2020F
Figure 7: Iran Passenger Car Tyre Market Share, By Vehicle Type, By Volume, 2010-2020F
Figure 8: Iran Light Commercial Vehicle Tyre Market, By Value (USD Billion), By Volume (Million Units), 2010-2020F
Figure 9: Iran Light Commercial Vehicle Tyre Market Share, By Vehicle Type, By Volume, 2010-2020F
Units), 2010-2020F
Figure 10: Iran Medium and Heavy Commercial Vehicle Tyre Market Size, By Value (USD Billion), By Volume (Million Units), 2010-2020F
Figure 11: Iran Medium and Heavy Commercial Vehicle Tyre Market Share, By Vehicle Type, By Volume, 2014-2020F
Figure 12: Iran Two-Wheeler Tyre Market Size, By Value (USD Billion), By Volume (Million Units), 2010-2020F
Figure 13: Iran OTR Tyre Market Size, By Value (USD Billion), By Volume (Million Units), 2010-2020F
Figure 14: Iran OTR Tyre Market Share, By Vehicle Type, By Volume, 2010-2020F
Figure 15: Iran Replacement Tyre Average Selling Prices, 2010-2020F (USD)
Figure 16: Global Natural Rubber Production Share, By Country, By Volume, 2014

List of Tables

Table 1: Iran Tyre Production Capacity of Major Players, By Volume, 2014 (Tonne/Year)
Table 2: Iran Passenger Car Sales, By Volume, 2010-2014 (Units)
Table 3: Iran Light Commercial Vehicle Production, By Volume, 2010-2014 (Units)
Table 4: Iran Medium and Heavy Commercial Vehicle Production, By Volume, 2010-2014 (Units)
Table 5: Iran Passenger Car and Commercial Vehicle Sales, By Volume, 2010-2014 (Units)
Table 6: Iran Automobile Production, By Vehicle Type, By Volume, 2010-2014 (Million Units)
Table 7: Iran Automobile Production, By Vehicle Tyre, By Volume, 2015-2020F (Units)
Table 8: Iran Tyre Technology Tie-ups
Table 9: Tax Rates in Iran
Table 10: Custom Duties in Iran

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