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Passenger Car Tire Market in Mexico 2015-2019

Passenger Car Tire Sector: Forecast until 2019 in Mexico

  • August 2015
  • 146 pages
  • ID: 3176946
In this report:
The passenger car tire market in Mexico generated sales of ##.## million units in 2014 and is expected to reach ##.## million units by 2019, growing at a CAGR of ##.##%.
The replacement tires segment generated sales of ##.## million units in 2014 and is expected to reach ##.## million units by 2019, growing at a CAGR of ##.##%.

Summary

Table of Contents

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About Passenger Car Tire Market in Mexico

Mexico was the fourth biggest passenger car sector in the whole Americas in 2014. In 2011, Mexico had 195 passenger cars per 1,000 people, indicating enormous potential for passenger car sales. The country's GNI per capita increased by ~37.1 percent, from $11,750 in 2005 to $16,110 in 2013. Moreover, in 2014, the area had about 26.34 million passenger cars in use the same year. The commercial viability of the industry also translated into the well-being of associated sector.

The industry comprises main tire manufacturers, including Michelin, Bridgestone, Toyo Tire, Yokohama, Goodyear, and Continental Tires; and also established automobile manufacturers, including Ford, General Motors, Honda, Mercedes-Benz, and Toyota. The tire sector in Mexico has witnessed growth over the past decade.

Research firm's analysts estimation the passenger car tire sector in Mexico to grow at a Compound annual growth rate of ~5.9 percent over the time frame 2014-2019.

What is the scope of this report?

This business report contains the current situation and the growth perspectives of the passenger car tire sector in Mexico for the time frame 2015-2019. The study offers estimations and analyses of the sector in terms of volume. The sector includes the specified segments:

- OEM segment

- Replacement segment

We also present the competitors' overview and a corresponding exhaustive analysis of the important merchants in the passenger car tire sector in Mexico. Moreover, the report includes the main drivers that are influencing the growth of the passenger car tire sector in Mexico. It also outlines the opportunities faced by the sellers and the industry at big, as well as the top trends emerging in the sector.

Market research firm's report, Passenger Car Tire Sector in Mexico 2015-2019, has been produced established on a comprehensive and detailed market studies with data coming from specialists of the sector. It includes the landscape of the passenger car tire sector in Mexico and its growth expectations in the upcoming years. The market research also comprises a discussion on the key sellers operating in this industry.

Main Vendors

Market force

- Increasing Investments in Automotive Industry

- For a full, in-depth list, view our market report

Market opportunity

- Dependence on Natural Rubber Imports

- For a full, exhaustive list, view our market report

Market forecast

- Development of Alternative Sources of Natural Rubber

- For a full, in-depth list, view our market report

What are the main questions answered?

- What will both market value and growth rate be in 2019?

- What are the key market forecasts?

- What is driving this sector?

- What are the conditions to market growth?

- Who are the main sellers in this market environment?

- What are the opportunities in this industry and segment risks faced by the main vendors?

- What are the forces and weaknesses of the main vendors?

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ref:plp2015

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