DUBLIN--(BUSINESS WIRE)--The "Indonesia Tyre Market (2019-2025): Market Forecast By Origin (Local Manufacturing and Imports), By Vehicle Types (Trucks (Radial and Bias), Light Trucks (Radial and Bias), Passenger Cars and Two-Wheelers)) and Competitive Landscape" report has been added to ResearchAndMarkets.com's offering.

Indonesia tyre market is projected to grow at a CAGR of 9.8% during 2019-25.

Robust growth of automotive manufacturing industry owing to growing export and favorable government policies are the key factors driving the demand for tyres in Indonesia over the past few years. In recent years, the sale of passenger cars has ramped up on account of availability of loans on easy terms which led to the growth of the tyre market.

Further, government policies such as import quota regulation and favorable FDI guidelines would encourage companies to establish manufacturing units in the country which would further boost the growth of tyre industry in the region over the coming years.

Good macroeconomic conditions and growing automotive manufacturing is majorly driven by domestic demand would lead to the growth of the tyre market in Indonesia. Radial tyres would register the highest growth rate during the forecast period owing to the high installation of radial tyres in vehicles due to their better puncture resistance, flexible sidewalls and lower life-cycle cost.

Passenger car segment has accounted for a key slice in overall tyre market owing to lower interest rates on vehicle loans and increasing popularity of low-cost green cars and multipurpose vehicles. Further, with the rising urban population and social normalization of cars, the passenger car segment is expected to grow at the fastest rate as compared to all kind of vehicles during the forecast period.

The report thoroughly covers the market by tyre types, vehicle types, and by origin. 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 devise and align their market strategies according to the current and future market dynamics.

Key Highlights of the Report:

  • Market Size and Forecast Indonesia Tyre Market
  • Historical Data of Indonesia Tyre Market Revenues & Volume for the Period 2016-2018
  • Indonesia Tyre Market forecast of Revenues & Volume for the Period 2019-2025
  • Historical Data of Indonesia Tyre Market Revenues & Volume for the Period 2016-2018, By Local Manufacturing
  • Market Size and Forecast of Indonesia Tyre Market Revenues & Volume for the Period 2019-2025, By Local Manufacturing
  • Historical Data of Indonesia Tyre Market Revenues & Volume for the Period 2016-2018, By Import
  • Indonesia Tyre Market Forecast Revenues & Volume for the Period 2019-2025, By Import
  • Historical Data of Indonesia Radial Tyre Market Revenues & Volume for the Period 2016-2018
  • Market Size and Forecast of Indonesia Radial Tyre Market Revenues & Volume for the Period 2019-2025
  • Historical Data of Indonesia Bias Tyre Market Revenues & Volume for the Period 2016-2018
  • Market Size and Forecast of Indonesia Bias Tyre Market Revenues & Volume for the Period 2019-2025
  • Historical Data of Indonesia Trucks Tyre Market Revenues & Volume for the Period 2016-2018
  • Market Size and Forecast of Indonesia Trucks Tyre Market Revenues & Volume for the Period 2019-2025
  • Historical Data of Indonesia Light Trucks Tyre Market Revenues & Volume for the Period 2016-2018
  • Market Size and Forecast of Indonesia Light Trucks Tyre Market Revenues & Volume for the Period 2019-2025
  • Historical Data of Indonesia Passenger Cars Tyre Market Revenues & Volume for the Period 2016-2018
  • Market Size and Forecast of Indonesia Passenger Cars Tyre Market Revenues & Volume for the Period 2019-2025
  • Historical Data of Indonesia Two-Wheeler Tyre Market Revenues & Volume for the Period 2016-2018
  • Market Size and Forecast of Indonesia Two-Wheeler Tyre Market Revenues & Volume for the Period 2019-2025
  • Market Drivers and Restraints
  • Market Trends and Developments
  • Market Share, By Players, Vehicle Type
  • Competitive Benchmarking
  • Recommendations

Market Segmentation

The report offers a detailed analysis of the following market segments:

By Origin

  • Local Manufacturing
  • Imports

By Vehicle Types

  • Trucks
    • Radial
    • Bias
  • Light Trucks
    • Radial
    • Bias
  • Passenger Cars
  • Two-Wheeler

Companies Mentioned

  • PT Michelin Indonesia
  • PT Bridgestone Tire Indonesia
  • PT Goodyear Indonesia, Tbk
  • The Yokohama Rubber Co., Ltd
  • PT Gajah Tunggal Tbk.
  • PT Maxxis International Indonesia
  • MRF Limited
  • Apollo Tyres Ltd.
  • P.T. Sumi Rubber Indonesia (Dunlop)
  • Toyo Tire & Rubber Co., Ltd.
  • PT Continental Tyre Indonesia
  • PT Multistrada Arah Sarana, Tbk

For more information about this report visit https://www.researchandmarkets.com/r/mj2aq4

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Related Topics: Automotive Tires