Press release
GCC Tire Market Size, Top Companies, Regional Analysis and Forecast 2023-2028
According to IMARC Group's latest report, titled "๐๐๐ ๐ง๐ถ๐ฟ๐ฒ ๐ ๐ฎ๐ฟ๐ธ๐ฒ๐: ๐๐ป๐ฑ๐๐๐๐ฟ๐ ๐ง๐ฟ๐ฒ๐ป๐ฑ๐, ๐ฆ๐ต๐ฎ๐ฟ๐ฒ, ๐ฆ๐ถ๐๐ฒ, ๐๐ฟ๐ผ๐๐๐ต, ๐ข๐ฝ๐ฝ๐ผ๐ฟ๐๐๐ป๐ถ๐๐ ๐ฎ๐ป๐ฑ ๐๐ผ๐ฟ๐ฒ๐ฐ๐ฎ๐๐ ๐ฎ๐ฌ๐ฎ๐ฏ-๐ฎ๐ฌ๐ฎ๐ด", the GCC tire market size reached US$ 2.8 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 4 Billion by 2028, exhibiting a growth rate (CAGR) of 5.39% during 2023-2028.๐ฌ๐ฒ๐ฎ๐ฟ ๐๐ผ๐ป๐๐ถ๐ฑ๐ฒ๐ฟ๐ฒ๐ฑ ๐๐ผ ๐๐๐๐ถ๐บ๐ฎ๐๐ฒ ๐๐ต๐ฒ ๐ ๐ฎ๐ฟ๐ธ๐ฒ๐ ๐ฆ๐ถ๐๐ฒ:
Base Year of the Analysis: 2022
Historical Period: 2017-2022
Forecast Period: 2023-2028
๐๐๐ ๐ง๐ถ๐ฟ๐ฒ ๐ ๐ฎ๐ฟ๐ธ๐ฒ๐ ๐ข๐๐ฒ๐ฟ๐๐ถ๐ฒ๐:
Tires refer to pneumatically inflated, circular, and ring-shaped automotive components that are generally manufactured by using synthetic or natural rubber, polyester, wire, rayon, fabric, carbon black, etc. They surround the rim and serve as a cushion for the wheels of a moving vehicle. Tires transfer the vehicle load to the surface. They assist in reducing the impact of vibrations, absorbing road shocks, transmitting accelerating and braking forces to the ground, maintaining or changing the direction, etc. In line with this, tires also aid in enhancing vehicle performance, improving mileage and passenger safety, minimizing wear and tear, etc. Presently, they are commonly available in numerous sizes and variants depending on the type of automobile.
๐๐ผ๐๐ป๐น๐ผ๐ฎ๐ฑ ๐ณ๐ฟ๐ฒ๐ฒ ๐๐ฎ๐บ๐ฝ๐น๐ฒ ๐ฏ๐ฟ๐ผ๐ฐ๐ต๐๐ฟ๐ฒ: https://www.imarcgroup.com/gcc-tire-market/requestsample
๐๐๐ ๐ง๐ถ๐ฟ๐ฒ ๐ ๐ฎ๐ฟ๐ธ๐ฒ๐ ๐ง๐ฟ๐ฒ๐ป๐ฑ๐:
The widespread adoption of high-end and luxury vehicles, owing to the inflating consumer expenditure capacities and the improving living standards of individuals, is primarily driving the GCC tire market. Additionally, the escalating demand for second-hand automobiles is further catalyzing the market growth. Besides this, the growing need for replacement tires, owing to the rugged terrain and hot climatic conditions, is acting as another significant growth-inducing factor. Moreover, the leading manufacturers are introducing premium quality tires that offer high puncture resistance, longer operational life, enhanced stability and reliability, etc., thereby propelling the market growth across the country. Apart from this, the rising number of construction activities, the development of eco-friendly, lightweight, and biodegradable three-dimensional (3D) printed product variants, and continuous improvements in manufacturing facilities are expected to fuel the GCC tire market over the forecasted period.
๐๐ต๐ฒ๐ฐ๐ธ๐ผ๐๐ ๐ก๐ผ๐: https://www.imarcgroup.com/checkout?id=815&method=1
๐๐๐ ๐ง๐ถ๐ฟ๐ฒ ๐ ๐ฎ๐ฟ๐ธ๐ฒ๐ ๐ฎ๐ฌ๐ฎ3-๐ฎ๐ฌ๐ฎ8 ๐๐ผ๐บ๐ฝ๐ฒ๐๐ถ๐๐ถ๐๐ฒ ๐๐ป๐ฎ๐น๐๐๐ถ๐ ๐ฎ๐ป๐ฑ ๐ฆ๐ฒ๐ด๐บ๐ฒ๐ป๐๐ฎ๐๐ถ๐ผ๐ป:
๐๐ผ๐บ๐ฝ๐ฒ๐๐ถ๐๐ถ๐๐ฒ ๐๐ฎ๐ป๐ฑ๐๐ฐ๐ฎ๐ฝ๐ฒ ๐ช๐ถ๐๐ต ๐๐ฒ๐ ๐ฃ๐น๐ฎ๐๐ฒ๐ฟ๐:
The competitive landscape of the GCC tire market has been studied in the report with the detailed profiles of the key players operating in the market.
๐๐ฒ๐ ๐ ๐ฎ๐ฟ๐ธ๐ฒ๐ ๐ฆ๐ฒ๐ด๐บ๐ฒ๐ป๐๐ฎ๐๐ถ๐ผ๐ป:
The report has segmented the GCC tire market on the basis of design, end-use, vehicle type, distribution channel and country.
๐๐ฟ๐ฒ๐ฎ๐ธ๐๐ฝ ๐ฏ๐ ๐๐ฒ๐๐ถ๐ด๐ป:
โข Radial
โข Bias
๐๐ฟ๐ฒ๐ฎ๐ธ๐๐ฝ ๐ฏ๐ ๐๐ป๐ฑ-๐จ๐๐ฒ:
โข OEM Market
โข Replacement Market
๐๐ฟ๐ฒ๐ฎ๐ธ๐๐ฝ ๐ฏ๐ ๐ฉ๐ฒ๐ต๐ถ๐ฐ๐น๐ฒ ๐ง๐๐ฝ๐ฒ:
โข ๐ฃ๐ฎ๐๐๐ฒ๐ป๐ด๐ฒ๐ฟ ๐๐ฎ๐ฟ๐
โข Market Breakup by Rim Size
โข Market Breakup by Tire Size
โข Price Ranges by Rim Size
โข ๐๐ถ๐ด๐ต๐ ๐๐ผ๐บ๐บ๐ฒ๐ฟ๐ฐ๐ถ๐ฎ๐น ๐ฉ๐ฒ๐ต๐ถ๐ฐ๐น๐ฒ๐
โข Market Breakup by Rim Size
โข Market Breakup by Tire Size
โข Price Ranges by Rim Size
โข ๐ ๐ฒ๐ฑ๐ถ๐๐บ ๐ฎ๐ป๐ฑ ๐๐ฒ๐ฎ๐๐ ๐๐ผ๐บ๐บ๐ฒ๐ฟ๐ฐ๐ถ๐ฎ๐น ๐ฉ๐ฒ๐ต๐ถ๐ฐ๐น๐ฒ๐
โข Market Breakup by Rim Size
โข Market Breakup by Tire Size
โข Price Ranges by Rim Size
โข ๐ง๐๐ผ ๐ช๐ต๐ฒ๐ฒ๐น๐ฒ๐ฟ๐
โข Market Breakup by Rim Size
โข Market Breakup by Tire Size
โข Price Ranges by Rim Size
โข ๐ง๐ต๐ฟ๐ฒ๐ฒ ๐ช๐ต๐ฒ๐ฒ๐น๐ฒ๐ฟ๐
โข Market Breakup by Rim Size
โข Market Breakup by Tire Size
โข Price Ranges by Rim Size
โข ๐ข๐ณ๐ณ-๐ง๐ต๐ฒ-๐ฅ๐ผ๐ฎ๐ฑ (๐ข๐ง๐ฅ)
โข Market Breakup by Rim Size
โข Market Breakup by Tire Size
โข Price Ranges by Rim Size
๐๐ฟ๐ฒ๐ฎ๐ธ๐๐ฝ ๐ฏ๐ ๐๐ถ๐๐๐ฟ๐ถ๐ฏ๐๐๐ถ๐ผ๐ป ๐๐ต๐ฎ๐ป๐ป๐ฒ๐น:
โข Offline
โข Online
๐๐ฟ๐ฒ๐ฎ๐ธ๐๐ฝ ๐ฏ๐ ๐๐ผ๐๐ป๐๐ฟ๐:
โข Saudi Arabia
โข UAE
โข Others
โข Kuwait
โข Qatar
โข Bahrain
โข Oman
๐๐๐ธ ๐๐ป๐ฎ๐น๐๐๐ ๐ณ๐ผ๐ฟ ๐ญ๐ฌ% ๐ณ๐ฟ๐ฒ๐ฒ ๐ฐ๐๐๐๐ผ๐บ๐ถ๐๐ฒ๐ฑ ๐ฟ๐ฒ๐ฝ๐ผ๐ฟ๐: https://www.imarcgroup.com/gcc-tire-market
๐๐ฒ๐ ๐๐ถ๐ด๐ต๐น๐ถ๐ด๐ต๐๐ ๐ผ๐ณ ๐๐ต๐ฒ ๐ฅ๐ฒ๐ฝ๐ผ๐ฟ๐:
โข Market Performance (2017-2022)
โข Market Outlook (2023-2028)
โข Market Trends
โข Market Drivers and Success Factors
โข Impact of COVID-19
โข Value Chain Analysis
โข Comprehensive mapping of the competitive landscape
If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.
๐๐ฏ๐ผ๐๐ ๐จ๐:
IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC's information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company's expertise.
Our offerings include comprehensive market intelligence in the form of research reports, production cost reports, feasibility studies, and consulting services. Our team, which includes experienced researchers and analysts from various industries, is dedicated to providing high-quality data and insights to our clientele, ranging from small and medium businesses to Fortune 1000 corporations.
๐๐ผ๐ป๐๐ฎ๐ฐ๐ ๐จ๐ฆ:
IMARC Group
30 N Gould St, Ste R
Sheridan, WY 82801, USA
Website: https://www.imarcgroup.com/
Email: sales@imarcgroup.com
Americas: +1-631-791-1145 | Europe & Africa: +44-753-713-2163 | Asia: +91-120-433-0800
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