Reports by Industry
Reports by Company
- Company Analysis(173)
- Company Profile(60)
India Passenger Car Tyre Industry to Grow 8.8% CAGR by FY 2014
Jul 15, 2010
According to our research report “Indian Tyre Industry Analysis”, the Indian tyre industry is one of the fastest growing industries globally. Strong developments in all prominent automobile segments have infused tyre demand in previous years. International as well as domestic auto giants have invested heavily in the passenger cars segment, which has resulted into increasing tyre demand. The trend is expected to continue in coming years and the passenger cars tyre industry will record impressive CAGR of 8.8% during FY 2010 – FY 2014
Our research has revealed that tyre manufacturers are also ramping up their production capacities in line with the growing automobile sales. Various green-field plants are currently under pipeline to add new capacities and the implementation of brown-field projects is underway to cater to rising demand. The green-field units are expected to come into stream in the next 2-3 years. In passenger car tyres segment, almost 100% capacity additions will be in radial tyre segment.
Further, the tubeless tyre segment is developing fast in the country. During FY 2010, the tubeless tyres market potential was estimated at above Rs 7 Billion. The penetration of tubeless tyres in the passenger vehicle segment was around 14%, but it is growing rapidly. The industry is expected to account for a significant share of the total tyre industry turnover and will attract new companies in coming years.
“Indian Tyre Industry Analysis” provides extensive research and objective analysis of the Indian tyre industry potentials and its components. The report facilitates authentic statistics and information of market structure, tyre production, demand, exports, and imports. The market potential estimations and forecasts have been covered for radial tyre industry and tubeless tyre segments which provide cutting edge market intelligence to clients while making investment decisions.
In addition, information of the prominent players operating in the industry has been included in the report. The section talks about business description and recent developments of the leading industry players to provide a balanced analytical treatment of information.
For more information visit: http://www.rncos.com/Report/IM267.htm
For more information visit: http://www.rncos.com/Report/IM267.htm
Some of our Related Reports are as follows:Â
Related Releases are as follows:
- Alliances and Collaborations Builds a Strong Automobile Industry Network in Vietnam
- Delhi/NCR: The Largest Market for CNG Passenger Cars in India
- RNCOS White Paper: India Radial Tyre Market to Grow at 10% CAGR
- RNCOS White Paper: India Radial Tyre Market
- Vietnam Automobile Industry Goes Green by Taking Eco-Friendly Measures
Media Citation
- testtest
19 Jan, 2024 - Yourstory.com News @ Foodtech startup Swiggy launches Health Hub in Chennai
23 Mar, 2021 - Yourstory.com News @ Zomato forays into dietary supplements, makes its own 'made in India' brand
16 Mar, 2021 - View more
get in touch
Copyright © 2014, RNCOS, 2002-2014
About Us
Terms & Policy
Contact