DUBLIN—Research and Markets has announced the addition of the "Bahrain Tire Market Forecast & Opportunities, 2021" report to their offering.

The country's tire market was dominated by the passenger car tire segment, owing to huge and expanding passenger car fleet size.

As per the data published by the Organisation Internationale des Constructeurs d'Automobiles (OICA), the passenger car sales in Bahrain grew at a CAGR of over 16% during 2011-2015. Moreover, the country's passenger car fleet grew at a CAGR of around 11% during the same period and this trend is expected to continue in the coming years.

Region-wise, Capital Governorate was the largest demand generator of tires during 2011-2015, followed by Muharraq Governorate. In 2015, more than 45% of the tire demand was grabbed by Chinese tire brands, with Michelin, Bridgestone, Goodyear, Pirelli, Dunlop and Yokohama being the leading global tire brand operating in the country.

Bahrain Tire Market Forecast & Opportunities, 2021 discusses the following aspects tire market in Bahrain:

  • Bahrain Tire Market Size, Share & Forecast
  • Segmental Analysis - Passenger Car Tires, Medium and Heavy Commercial Tires, Light Commercial Vehicle Tires, OTR Tires & Two Wheeler Tires
  • Policy & Regulatory Landscape
  • Changing Market Trends & Emerging Opportunities
  • Competitive Landscape & Strategic Recommendations

Market Trends & Developments

  • Increasing Imports of Passenger Car Tires
  • Growing Popularity of Chinese Tires
  • Surging Online Tire Sales
  • Booming Retreaded Tire Market
  • Declining Sales of Commercial Vehicle and OTR Tires

Companies Mentioned

  • Bridgestone Middle East & Africa FZE
  • Continental AG
  • Goodyear Middle East FZE
  • Hankook Tire Co. Ltd.
  • Michelin AIM FZE
  • Pirelli Tyre (Suisse) SA (Middle East Branch)
  • Shandong Wanda BOTO Tyre Co. Ltd.
  • Sumitomo Rubber Middle East FZE
  • Toyo Tire & Rubber CO., LTD.
  • Yokohama Rubber Co. Ltd.

For more information visit http://www.researchandmarkets.com/research/l5fw8v/bahrain_tire

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Sector: Automotive Tires