Southeast Asia Tyre Market, By Type, Trends and Opportunities with Forecast to 2024


Posted December 17, 2019 by prachitisharma98

Radial tyres are expected to maintain its dominance during the forecast period as well due to surge in the sales of passenger vehicles in the region.

 
Bharat Book Bureau Provides the Trending Market Research Report on “Southeast Asia Tyre Market (2018-2024)”under  Heavy Industry Category. The report offers a collection of superior market research, market analysis, competitive intelligence and Market reports.

Southeast Asia Tyre Market (2018-2024): Market Forecast By Tyre Types (Radial and Bias), By End Markets (OEM and Replacement), By Vehicle Types (Passenger Vehicles, Commercial Vehicles and Two and Three Wheeler Vehicles), By Countries (Indonesia, Malaysia, Singapore, Thailand, Philippines, Vietnam, Myanmar, Cambodia and Rest of the Southeast Asia Region) and Competitive Landscape

Growing demand for passenger vehicles, domestic manufacturing, and opportunities in aftermarket has propelled the demand for tyres in the South East region. Moreover, government visions such as Indonesia vision 2045 and Vietnam vision 2035, would result in an increase in the level of disposable income in the region. This would further result in higher adoption of vehicles and would spur the growth of tyre market in South East Asia over the next six years.

South East Asia Tyre market is projected to grow at a CAGR of over 7.5% during 2018-24. Radial Tyre is the key revenue generating segment in the South East Asia tyre market revenues owing to its low life cycle cost and high deployment, especially in the passenger vehicles and two & three wheeler vehicles. In passenger vehicles, majorly radial tyres are installed due to availability of certain key features such as higher safety, long-term value and lower life-cycle cost. Radial tyres are expected to maintain its dominance during the forecast period as well due to surge in the sales of passenger vehicles in the region.

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Indonesia, Thailand and Malaysia have captured key pie in 2017. Further, government plans such as Indonesia's vision 2045 and Malaysia's Industrial Linkage Programme (ILP) would help tyre industry to grow in the region. In addition to these countries, Vietnam would emerge as the key revenue generating market during the forecast period due to implementation of Vietnam 2035.

The report thoroughly covers the South East Asia tyre market by vehicle types, tyre types, end markets and regions. The report provides an unbiased and detailed analysis of the on-going trends, opportunities/high growth areas and market drivers which would help the stakeholders to device and align their market strategies according to the current and future market dynamics.

Key Highlights of the Report:
Market Size and Forecast, until 2024.
Historical Data and forecast of South East Asia Tyre Market Revenues and Volume for the Period 2014-2024F.
Historical Data and forecast of Indonesia Tyre Market Revenues and Volume for the Period 2014-2024F.
Historical Data and forecast of Indonesia Tyre Market Revenues and Volume By Tyre Types, Vehicle Types, and End Markets for the Period 2014-2024F.
Historical Data and forecast of Malaysia Tyre Market Revenues and Volume for the Period 2014-2024F.
Historical Data and forecast of Malaysia Tyre Market Revenues and Volume By Tyre Types,Vehicle Types, and End Markets for the Period 2014-2024F.
Historical Data and forecast of Singapore Tyre Market Revenues and Volume for the Period 2014-2024F.
Historical Data and forecast of Singapore Tyre Market Revenues and Volume By Tyre Types,Vehicle Types, and End Markets for the Period 2014-2024F.
Historical Data and forecast of Thailand Tyre Market Revenues and Volume for the Period 2014-2024F.
Historical Data and forecast of Thailand Tyre Market Revenues and Volume By Tyre Types, Vehicle Types, and End Markets for the Period 2014-2024F.
Historical Data and forecast of Philippines Tyre Market Revenues and Volume for the Period 2014-2024F.
Historical Data and forecast of Philippines Tyre Market Revenues and Volume By Tyre Types, Vehicle Types, and End Markets for the Period 2014-2024F.
Historical Data and forecast of Vietnam Tyre Market Revenues and Volume for the Period 2014-2024F.

Market Segmentation
The reports offer detailed analysis of the following market segments:

By Tyre Types
Radial
Bias

By End Markets
OEM
Replacement

By Vehicle Types
Passenger Vehicles
Commercial Vehicles
Two and Three Wheeler Vehicles

By Countries
Indonesia
Malaysia
Singapore
Thailand
Philippines
Vietnam
Myanmar
Cambodia
Rest of the South East Asia Region

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https://www.bharatbook.com/marketreports/southeast-asia-tyre-market-2018-2024-/1512824

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Last Updated December 17, 2019