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Passenger Car Tires Market in Thailand 2015-2019 Key Trends, Size, Growth, Shares And Forecast Research Report

(IT-NEWSWIRE.COM, September 17, 2015 ) 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.

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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.

Market 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 20152019. 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.

Latest 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?

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Table Of Content

01. Executive Summary
02. List of Abbreviations
03. Scope of the Report
03.1 Market Overview
04. Market Research Methodology
04.1 Market Research Process
04.2 Research Methodology
05. Introduction
05.1 Overview of Tire Market
05.2 Key Tire Manufacturers Segmentation by Geography
05.3 Raw Materials Price breakdown
05.4 Tire Industry Supply Chain
05.4.1 Suppliers
05.4.2 Tire Manufacturers
05.4.3 OEMs
05.4.4 Replacement Tire Market
05.5 Tires: Distribution Channels
05.6 Life Cycle of Tires
05.7 Factors Affecting Tire Prices
06. Market Landscape
06.1 Passenger Car Market in Thailand
06.1.1 Market size
06.2 Passenger Car Tire Market in Thailand 2014-2019
06.2.1 Market Size and Forecast
07. Market Segmentation by Customer
07.1 OEMs Passenger Car Tire Market in Thailand
07.1.1 Market Size and Forecast
07.2 Replacement Passenger Car Tires Market in Thailand 2014-2019
07.2.1 Market Size and Forecast
07.3 Five Forces Analysis
08. Buying Criteria
09. Market Growth Drivers
10. Drivers and their Impact

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