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Azerbaijan Tyre Market Forecast and Opportunities, 2020

  • January 2016
  • -
  • TechSci Research
  • -
  • 75 pages

Azerbaijan’s economy is hugely dependent on oil & gas. However, on account of fluctuating prices in the oil sector, government has been increasing its focus on non-oil sectors. Azerbaijan government is aiming at sustainable socio-economic development, with higher focus on development of roads, railways, transportation, communication and other infrastructure projects in the coming years. This is expected to significantly boost construction and logistics industries in the country, which is anticipated to expand the automobile fleet size in the country, and thereby drive replacement demand for tyres over the next five years. Due to absence of OEMs in the country, demand for tyres in Azerbaijan solely emanates from the replacement segment.

According to “Azerbaijan Tyre Market Forecast and Opportunities, 2020", tyre market in Azerbaijan is projected to grow at a CAGR of over 5% during 2015 - 2020, predominantly due to rising demand for tyres from the replacement segment and increasing purchasing power of consumers in the country. Passenger car tyre segment is anticipated to continue dominating Azerbaijan tyre market through 2020, due to expanding passenger car fleet size and rising demand for sedans in the country. Increasing government focus on non-oil sectors is propelling growth in the construction and infrastructure sectors in the country, thereby driving demand for OTR and commercial vehicles, which is expected to translate into higher demand for OTR and commercial vehicle tyre market in the country during 2015 - 2020. “Azerbaijan Tyre Market Forecast and Opportunities, 2020” elaborates on the following aspects of tyre market in Azerbaijan:

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

Why You Should Buy This Report?

- To gain an in-depth understanding of Azerbaijan tyre market
- To identify the on-going trends and segment wise anticipated growth over the next five years
- To help industry consultants, tyre companies and other stakeholders to align their market-centric strategies
- To obtain research based business decisions 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 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 and industry experts. Secondary research included an exhaustive search of relevant publications like company annual reports, financial reports and proprietary databases.

Table Of Contents

Azerbaijan Tyre Market Forecast and Opportunities, 2020
1. Research Methodology
2. Analyst View
3. Product Overview
4. Azerbaijan 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 Cars, LCV, MHCV, Two-Wheelers and OTR)
4.2.2. By Company
4.2.3. By Region
5. Azerbaijan 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
6. Azerbaijan Medium and Heavy Commercial (MandHCV) Tyre Market Outlook
6.1. Market Size and Forecast
6.1.1. By Value and Volume
7. Azerbaijan Light Commercial Vehicle (LCV) Tyre Market Outlook
7.1. Market Size and Forecast
7.1.1. By Value and Volume
8. Azerbaijan Off-the Road (OTR) Tyre Market Outlook
8.1. Market Size and Forecast
8.1.1. By Value and Volume
9. Azerbaijan Two-Wheeler (2W) Tyre Market Outlook
9.1. Market Size and Forecast
9.1.1. By Value and Volume
10. Import-Export Analysis
11. Market Dynamics
11.1. Drivers
11.2. Challenges
12. Market Trends and Developments
12.1. Increasing Chinese Tyre Penetration
12.2. Declining Tyre Retreading Market
12.3. Fluctuating Tyre Import Scenario
12.4. Rising Automobile Sales
13. Policy and Regulatory Landscape
14. Azerbaijan Economic Profile
15. Competitive Landscape
15.1. Compagnie Generale des Établissements Michelin SCA
15.2. Continental AG
15.3. The Goodyear Tire and Rubber Company
15.4. Bridgestone Corporation
15.5. Nizhnekamskshina Joint Stock Company
15.6. Nokian Tyres PLC
15.7. Yokohama Rubber Co., Ltd
15.8. Hankook Tyre
15.9. Triangle Tyre Co., Ltd
15.10. Belshina Joint Stock Company
15.11. Shandong Transtone Tyre Co., Ltd.
16. Strategic Recommendations

List of Figures

Figure 1: Azerbaijan Tyre Market Size, By Value (USD Million), By Volume (Million Units), 2010-2020F
Figure 2: Azerbaijan Tyre Market Share, By Vehicle Type, By Volume, 2010-2020F
Figure 3: Azerbaijan Tyre Market Share, By Company, 2014-2020F
Figure 4: Azerbaijan Tyre Market Share, By Region, By Volume, 2014 and 2020F
Figure 5: Azerbaijan Passenger Car Tyre Market Size, By Value (USD Million), By Volume (Million Units), 2010-2020F
Figure 6: Azerbaijan Passenger Car Tyre Market Share, By Vehicle Type, By Volume, 2014-2020F
Figure 7: Azerbaijan Medium and Heavy Commercial Vehicle Tyre Market Size, By Value (USD Million), By Volume (Million Units), 2010-2020F
Figure 8: Azerbaijan Light Commercial Vehicle Tyre Market Size, By Value (USD Million), By Volume (Million Units), 2010-2020F
Figure 9: Azerbaijan Off-The-Road Tyre Market Size, By Value (USD Million), By Volume (Million Units), 2010-2020F
Figure 10: Azerbaijan Two-Wheeler Tyre Market Size, By Value (USD Million), By Volume (Million Units), 2010-2020F

List of Tables

Table 1: Azerbaijan Tyre Market Average Selling Price (ASP), 2010-2014 (USD)
Table 2: Azerbaijan Passenger Car Fleet Size, 2010-2014E (Units)
Table 3: Azerbaijan Passenger Car Tyre Market, By Vehicle Type, By Volume, 2014-2020F (Million Units)
Table 4: Azerbaijan Ongoing Projects, By Value (USD Million)
Table 5: Azerbaijan Tyre Imports, By Value, 2010-2014 (USD Million)
Table 6: Azerbaijan Automobile Fleet Size, By Vehicle Type, 2010-2014E (Million Units)
Table 7: Custom Duties on New Pneumatic Tyres, 2014-15
Table 8: Custom Duties on Used or Retreaded Pneumatic Tyres, 2014-15


Companies Mentioned
1. Compagnie Generale des Établissements Michelin SCA
2. Continental AG
3. The Goodyear Tire and Rubber Company
4. Bridgestone Corporation
5. Nizhnekamskshina Joint Stock Company
6. Nokian Tyres PLC
7. Yokohama Rubber Co., Ltd
8. Hankook Tyre
9. Triangle Tyre Co., Ltd
10. Belshina Joint Stock Company
11. Shandong Transtone Tyre Co., Ltd.

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