DUBLIN--(BUSINESS WIRE)--The "APAC Tire Market By Vehicle Type (Passenger Car, Two-Wheeler, Light Commercial Vehicle, Medium & Heavy Commercial Vehicle & Others), By Demand Category, By Radial Vs. Bias, By Country, Competition Forecast & Opportunities, 2013-2023" report has been added to ResearchAndMarkets.com's offering.

Asia Pacific tire market is forecast to grow at a CAGR of 8.75% during 2018-2023

Growth in the market is expected to be driven by increasing vehicle sales across all vehicle categories coupled with constantly expanding vehicle fleet in the region. Replacement segment continues to dominate demand for tires in the region.

Moreover, presence of major automotive OEMs such as Ford, Hyundai, Honda, Mahindra, Maruti Suzuki, TATA, BMW, etc., is propelling OEM tire demand in Asian countries.

Additionally, rising per capita income and anticipated increase in new vehicle launches are few of the other factors expected to drive APAC tire market over the next five years.

APAC Tire Market, 2013-2023 discusses the following aspects of tire market in APAC:

  • Tire Market Size, Share & Forecast
  • Segmental Analysis - By Vehicle Type (Passenger Car, Two-Wheeler, Light Commercial Vehicle, Medium & Heavy Commercial Vehicle & Others), By Demand Category, By Radial Vs. Bias, By Country
  • Competitive Analysis
  • Changing Market Trends & Emerging Opportunities

Why You Should Buy This Report?

  • To gain an in-depth understanding of tire in APAC
  • To identify the on-going trends and anticipated growth in the next five years
  • To help industry consultants, tire distributor, distributors and other stakeholders align their market-centric strategies
  • To obtain research-based business decisions and add weight to presentations and marketing material
  • To gain competitive knowledge of leading market players

Key Topics Covered:

1. Product Overview

2. Research Methodology

3. APAC Tire Production Overview

4. APAC Tire Market Outlook

For more information about this report visit https://www.researchandmarkets.com/research/h4p55x/asia_pacific_tire?w=4

Contacts

ResearchAndMarkets.com
Laura Wood, Senior Press Manager
press@researchandmarkets.com
For E.S.T Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
Related Topics: Automotive Tires