1. Market Research
  2. > Automotive
  3. > Tire Market Trends
  4. > Passenger Car Tires Market in Thailand 2015-2019

Passenger Car Tires Market in Thailand 2015-2019

  • July 2015
  • -
  • Infiniti Research Limited
  • -
  • 133 pages

Summary

Table of Contents

Search Inside

About Passenger Car Tires
Thailand is one of the leading rubber producing countries in the world. Its rubber processing industries are flourishing, especially those that manufacture tires and gloves. In 2011, Thailand Thailand had 74 passenger cars per 1,000 people, indicating enormous potential for passenger car sales. Thus, Thailand is one of the most significant markets for tire manufacturers.
The country's GNI per capita (PPP) increased by 45.05%, from $9,230 in 2005 to $13,430 in 2013. This continuous rise fueled passenger car sales. Furthermore, the country had about 5.41 million passenger cars in use the same year. This translated into growth of associated markets such as the tire market.
The market comprises prominent tire manufacturers, such as Michelin, Pirelli, Bridgestone, Toyo Tire, Yokohama, Goodyear, and Continental Tires; and also established automobile manufacturers, such as Ford, Mazda, General Motors, Honda, Mercedes-Benz, Toyota, and Nissan. While the tire market in general witnessed growth, it was affected by the drastic fall in automobile production and sales during 2014. The primary reasons for the decline included political instability, slow economic growth, and removal of Thai Prime Minister Yingluck Shinawatra. Though passenger car sales are expected to experience a decline in 2015 as well, experts believe that the passenger car market in Thailand is expected to become stable by the end of 2015.
Technavio's analysts forecast the passenger car tire market in Thailand to grow at a CAGR of 4.03% over the period 2014-2019.

Covered in this Report
This report covers the present scenario and the growth prospects of the passenger car tire market in Thailand for 2015–2019. It also covers forecasts and analyses of the market in terms of volume. The market includes the following segments:
- OEM segment
- Replacement segment
The report also presents the vendor landscape and a corresponding detailed analysis of the prominent vendors in the passenger car tire market in Thailand. In addition, the report includes the major drivers that are influencing the growth of the passenger car tire market in Thailand. It also outlines the challenges faced by the vendors and the market at large, as well as the key trends emerging in the market.
Technavio's report, Passenger Car Tire Market in Thailand 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. It covers the landscape of the passenger car tire market in Thailand and its growth prospects in the coming years. The report also includes a discussion on the key vendors operating in this market.
Prominent Vendors
- Apollo Tyres
- Continental
- Cooper Tire & Rubber
- Deestone
- Falken Tire
- Goodyear (Thailand)
- Kumho Tire
- Maxxis International
- Michelin Siam
- Nokian Tyres
- Pirelli
- PT Gajah Tunggal (GT Radial)
- Sumitomo Rubber (Thailand)
- Thai Bridgestone
- Toyo Tire & Rubber
- Vee Rubber International
- Yokohama Rubber
Market Driver
- Abundance of Natural Rubber
- For a full, detailed list, view our report
Market Challenge
- Political Unrest Impacting Vendor Confidence
- For a full, detailed list, view our report.
Market Trend
- Increase in Online Tire Purchases
- For a full, detailed list, view our report

Key Questions Answered in this Report
- What will the market size be in 2019 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?

Get Industry Insights. Simply.

  • Latest reports & slideshows with insights from top research analysts
  • 60 Million searchable statistics with tables, figures & datasets
  • More than 25,000 trusted sources
Get This Report
24/7 Customer Support

Talk to Ahmad

+1 718 618 4302

Purchase Reports From Reputable Market Research Publishers
Global Tire Market Forecast & Opportunities, 2022

Global Tire Market Forecast & Opportunities, 2022

  • $ 10000
  • Industry report
  • April 2017
  • by TechSci Research

Global tire market witnessed a marginal growth during 2012-16, predominantly due to prevailing effects of Eurozone Crisis and slump in the crude oil prices which impacted the global automobile industry. ...

Tire Reinforcement Materials: Technologies and Global Markets

Tire Reinforcement Materials: Technologies and Global Markets

  • $ 6650
  • Industry report
  • January 2017
  • by BCC Research

Use this report to: - Analyze the technologies and markets in the steel fiber and tire industries that influence demand for and development of tire reinforcement materials. - Gain insight into international ...

Tires Market for OE & Replacement by Rim Size, Replacement Market, Aspect Ratio, Section Width, Retreading Market and OHV Tires Market, Application, and Region - Global Forecast to 2021

Tires Market for OE & Replacement by Rim Size, Replacement Market, Aspect Ratio, Section Width, Retreading Market and OHV Tires Market, Application, and Region - Global Forecast to 2021

  • $ 5650
  • Industry report
  • March 2017
  • by MarketsandMarkets

“Increasing demand for low rolling resistance tires driving the tires OE (Original Equipment) market” The tires OE market is projected to grow at a CAGR of 5.48% from 2016 to 2021, to reach a market ...


Download Unlimited Documents from Trusted Public Sources

Tire Market in Germany

  • April 2017
  • Tire  

  • Germany  

View report >

Global Motor Vehicle Industry

  • April 2017
    3 pages
  • Motor Vehicle  

    Tire  

  • World  

    United States  

View report >

Tire Industry in India

  • April 2017
    12 pages
  • Tire  

    Automotive  

    Rubber  

  • India  

View report >

Auto Tire Supply

2 months ago

Related Market Segments :

Tire
Auto Tire
Automotive
Rubber
Light Vehicle

ref:plp2015

Reportlinker.com © Copyright 2017. All rights reserved.

ReportLinker simplifies how Analysts and Decision Makers get industry data for their business.