Do you have a report introducing month-to-month or quarter-to-quarter forecasts for the tire industry globally?

Good Day,

Thank you for submitting your question.

Because industry evolution and health are particularly broad categories, I have found reports that speaks to different aspects of the tire industry.  I have used the search terms ‘tire industry growth’ to extract many reports that will answer your questions.

Report 1: Tire Production & Rubber Consumption

Because the supply chain from tire production to sales is an international business, data can be found from many companies down the supply chain to understand the overall health of the industry.

For example, Oriental Carbon & Chemicals LTD (OCCL) is an Indian company that released a report in 2015 containing charts and graphs depicting the growth of global tire production from 2005 until 2015 and a projected number of units estimated to be produced in 2020.  There is also a chart that shows the consumption of tire rubber in tonnes from 2005 until 2020 as well.

Report 2: Truck Industry Growth Affects Truck Tire Sales

A 2015 report by the Climate & Clean Air Coalition called Advancing Green Freight in Bangladesh showed that specifically truck tire sales are dependent on the growth of the trucking industry:

“The growth of the truck population over the past two decades has ensured rapid growth in the truck tire industry. In the truck and bus category, the tire market is split among twelve manufacturers with no predominant leader”Top 12 manufacturers in global tire industry

— Truck Tire Industry, 2014

Report 3: Comprehensive Report

The most comprehensive report was released in July 2014 by the Organisation for Economic Co-operation and Development called the Global Tire Market and discusses many aspects of the industry structure that speaks to its health. For example:

 “Natural rubber mainly comes from rubber plantations located in Indonesia, Malaysia and Thailand. Issues in availability of natural rubber have arisen mainly due to production cuts in Malaysia and shifting plantations more towards palm oil, the growing usage of natural rubber in global tyre production and an increasing demand in the People’s Republic of China”

— Organisation for Economic Co-operation and Development: Global Tire Market, 2014

This report also shows how global rubber shortages lead to pricing spikes, price dependency on oil prices, and increasing competition from low-cost manufacturers.

“On the other hand, the large majority of low-cost tyres come from Chinese or Chinese Taipei manufacturers, which compete on lowpricing and volume strategies”

— Organisation for Economic Co-operation and Development: Global Tire Market, 2014

This report shows market share of the 3 top tire manufacturers yet smaller manufacturers are quickly gaining some of this share.

“The big three accounted for 42% of global sales in 2010 (in terms of value)” 

— Organisation for Economic Co-operation and Development: Global Tire Market, 2014

Finally, this report show methods to compete in this market.

Global Data

Our database also has reports discussing the development and opportunities for the tire industry in China, Japan, India, Canada, Nigeria.

I hope you find this useful, and can see that there is a lot of useful information available through the portal. If you have any additional needs or questions about our reports, please feel free to contact us.