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GCC Tire Market Size, Top Companies, Regional Analysis and Forecast 2023-2028

12-22-2022 11:03 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: IMARC Group

GCC Tire Market Size, Top Companies, Regional Analysis

According to IMARC Group's latest report, titled "๐—š๐—–๐—– ๐—ง๐—ถ๐—ฟ๐—ฒ ๐— ๐—ฎ๐—ฟ๐—ธ๐—ฒ๐˜: ๐—œ๐—ป๐—ฑ๐˜‚๐˜€๐˜๐—ฟ๐˜† ๐—ง๐—ฟ๐—ฒ๐—ป๐—ฑ๐˜€, ๐—ฆ๐—ต๐—ฎ๐—ฟ๐—ฒ, ๐—ฆ๐—ถ๐˜‡๐—ฒ, ๐—š๐—ฟ๐—ผ๐˜„๐˜๐—ต, ๐—ข๐—ฝ๐—ฝ๐—ผ๐—ฟ๐˜๐˜‚๐—ป๐—ถ๐˜๐˜† ๐—ฎ๐—ป๐—ฑ ๐—™๐—ผ๐—ฟ๐—ฒ๐—ฐ๐—ฎ๐˜€๐˜ ๐Ÿฎ๐Ÿฌ๐Ÿฎ๐Ÿฏ-๐Ÿฎ๐Ÿฌ๐Ÿฎ๐Ÿด", 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.

๐—ฌ๐—ฒ๐—ฎ๐—ฟ ๐—–๐—ผ๐—ป๐˜€๐—ถ๐—ฑ๐—ฒ๐—ฟ๐—ฒ๐—ฑ ๐˜๐—ผ ๐—˜๐˜€๐˜๐—ถ๐—บ๐—ฎ๐˜๐—ฒ ๐˜๐—ต๐—ฒ ๐— ๐—ฎ๐—ฟ๐—ธ๐—ฒ๐˜ ๐—ฆ๐—ถ๐˜‡๐—ฒ:

Base Year of the Analysis: 2022

Historical Period: 2017-2022

Forecast Period: 2023-2028

๐—š๐—–๐—– ๐—ง๐—ถ๐—ฟ๐—ฒ ๐— ๐—ฎ๐—ฟ๐—ธ๐—ฒ๐˜ ๐—ข๐˜ƒ๐—ฒ๐—ฟ๐˜ƒ๐—ถ๐—ฒ๐˜„:

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.

๐——๐—ผ๐˜„๐—ป๐—น๐—ผ๐—ฎ๐—ฑ ๐—ณ๐—ฟ๐—ฒ๐—ฒ ๐˜€๐—ฎ๐—บ๐—ฝ๐—น๐—ฒ ๐—ฏ๐—ฟ๐—ผ๐—ฐ๐—ต๐˜‚๐—ฟ๐—ฒ: https://www.imarcgroup.com/gcc-tire-market/requestsample

๐—š๐—–๐—– ๐—ง๐—ถ๐—ฟ๐—ฒ ๐— ๐—ฎ๐—ฟ๐—ธ๐—ฒ๐˜ ๐—ง๐—ฟ๐—ฒ๐—ป๐—ฑ๐˜€:

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.

๐—–๐—ต๐—ฒ๐—ฐ๐—ธ๐—ผ๐˜‚๐˜ ๐—ก๐—ผ๐˜„: https://www.imarcgroup.com/checkout?id=815&method=1

๐—š๐—–๐—– ๐—ง๐—ถ๐—ฟ๐—ฒ ๐— ๐—ฎ๐—ฟ๐—ธ๐—ฒ๐˜ ๐Ÿฎ๐Ÿฌ๐Ÿฎ3-๐Ÿฎ๐Ÿฌ๐Ÿฎ8 ๐—–๐—ผ๐—บ๐—ฝ๐—ฒ๐˜๐—ถ๐˜๐—ถ๐˜ƒ๐—ฒ ๐—”๐—ป๐—ฎ๐—น๐˜†๐˜€๐—ถ๐˜€ ๐—ฎ๐—ป๐—ฑ ๐—ฆ๐—ฒ๐—ด๐—บ๐—ฒ๐—ป๐˜๐—ฎ๐˜๐—ถ๐—ผ๐—ป:

๐—–๐—ผ๐—บ๐—ฝ๐—ฒ๐˜๐—ถ๐˜๐—ถ๐˜ƒ๐—ฒ ๐—Ÿ๐—ฎ๐—ป๐—ฑ๐˜€๐—ฐ๐—ฎ๐—ฝ๐—ฒ ๐—ช๐—ถ๐˜๐—ต ๐—ž๐—ฒ๐˜† ๐—ฃ๐—น๐—ฎ๐˜†๐—ฒ๐—ฟ๐˜€:

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.

๐—ž๐—ฒ๐˜† ๐— ๐—ฎ๐—ฟ๐—ธ๐—ฒ๐˜ ๐—ฆ๐—ฒ๐—ด๐—บ๐—ฒ๐—ป๐˜๐—ฎ๐˜๐—ถ๐—ผ๐—ป:

The report has segmented the GCC tire market on the basis of design, end-use, vehicle type, distribution channel and country.

๐—•๐—ฟ๐—ฒ๐—ฎ๐—ธ๐˜‚๐—ฝ ๐—ฏ๐˜† ๐——๐—ฒ๐˜€๐—ถ๐—ด๐—ป:

โ€ข Radial
โ€ข Bias

๐—•๐—ฟ๐—ฒ๐—ฎ๐—ธ๐˜‚๐—ฝ ๐—ฏ๐˜† ๐—˜๐—ป๐—ฑ-๐—จ๐˜€๐—ฒ:

โ€ข OEM Market
โ€ข Replacement Market

๐—•๐—ฟ๐—ฒ๐—ฎ๐—ธ๐˜‚๐—ฝ ๐—ฏ๐˜† ๐—ฉ๐—ฒ๐—ต๐—ถ๐—ฐ๐—น๐—ฒ ๐—ง๐˜†๐—ฝ๐—ฒ:

โ€ข ๐—ฃ๐—ฎ๐˜€๐˜€๐—ฒ๐—ป๐—ด๐—ฒ๐—ฟ ๐—–๐—ฎ๐—ฟ๐˜€

โ€ข Market Breakup by Rim Size
โ€ข Market Breakup by Tire Size
โ€ข Price Ranges by Rim Size

โ€ข ๐—Ÿ๐—ถ๐—ด๐—ต๐˜ ๐—–๐—ผ๐—บ๐—บ๐—ฒ๐—ฟ๐—ฐ๐—ถ๐—ฎ๐—น ๐—ฉ๐—ฒ๐—ต๐—ถ๐—ฐ๐—น๐—ฒ๐˜€

โ€ข Market Breakup by Rim Size
โ€ข Market Breakup by Tire Size
โ€ข Price Ranges by Rim Size

โ€ข ๐— ๐—ฒ๐—ฑ๐—ถ๐˜‚๐—บ ๐—ฎ๐—ป๐—ฑ ๐—›๐—ฒ๐—ฎ๐˜ƒ๐˜† ๐—–๐—ผ๐—บ๐—บ๐—ฒ๐—ฟ๐—ฐ๐—ถ๐—ฎ๐—น ๐—ฉ๐—ฒ๐—ต๐—ถ๐—ฐ๐—น๐—ฒ๐˜€

โ€ข Market Breakup by Rim Size
โ€ข Market Breakup by Tire Size
โ€ข Price Ranges by Rim Size

โ€ข ๐—ง๐˜„๐—ผ ๐—ช๐—ต๐—ฒ๐—ฒ๐—น๐—ฒ๐—ฟ๐˜€

โ€ข Market Breakup by Rim Size
โ€ข Market Breakup by Tire Size
โ€ข Price Ranges by Rim Size

โ€ข ๐—ง๐—ต๐—ฟ๐—ฒ๐—ฒ ๐—ช๐—ต๐—ฒ๐—ฒ๐—น๐—ฒ๐—ฟ๐˜€

โ€ข Market Breakup by Rim Size
โ€ข Market Breakup by Tire Size
โ€ข Price Ranges by Rim Size

โ€ข ๐—ข๐—ณ๐—ณ-๐—ง๐—ต๐—ฒ-๐—ฅ๐—ผ๐—ฎ๐—ฑ (๐—ข๐—ง๐—ฅ)

โ€ข Market Breakup by Rim Size
โ€ข Market Breakup by Tire Size
โ€ข Price Ranges by Rim Size

๐—•๐—ฟ๐—ฒ๐—ฎ๐—ธ๐˜‚๐—ฝ ๐—ฏ๐˜† ๐——๐—ถ๐˜€๐˜๐—ฟ๐—ถ๐—ฏ๐˜‚๐˜๐—ถ๐—ผ๐—ป ๐—–๐—ต๐—ฎ๐—ป๐—ป๐—ฒ๐—น:

โ€ข Offline
โ€ข Online

๐—•๐—ฟ๐—ฒ๐—ฎ๐—ธ๐˜‚๐—ฝ ๐—ฏ๐˜† ๐—–๐—ผ๐˜‚๐—ป๐˜๐—ฟ๐˜†:

โ€ข Saudi Arabia
โ€ข UAE
โ€ข Others
โ€ข Kuwait
โ€ข Qatar
โ€ข Bahrain
โ€ข Oman

๐—”๐˜€๐—ธ ๐—”๐—ป๐—ฎ๐—น๐˜†๐˜€๐˜ ๐—ณ๐—ผ๐—ฟ ๐Ÿญ๐Ÿฌ% ๐—ณ๐—ฟ๐—ฒ๐—ฒ ๐—ฐ๐˜‚๐˜€๐˜๐—ผ๐—บ๐—ถ๐˜‡๐—ฒ๐—ฑ ๐—ฟ๐—ฒ๐—ฝ๐—ผ๐—ฟ๐˜: https://www.imarcgroup.com/gcc-tire-market

๐—ž๐—ฒ๐˜† ๐—›๐—ถ๐—ด๐—ต๐—น๐—ถ๐—ด๐—ต๐˜๐˜€ ๐—ผ๐—ณ ๐˜๐—ต๐—ฒ ๐—ฅ๐—ฒ๐—ฝ๐—ผ๐—ฟ๐˜:

โ€ข Market Performance (2017-2022)
โ€ข Market Outlook (2023-2028)
โ€ข Market Trends
โ€ข Market Drivers and Success Factors
โ€ข Impact of COVID-19
โ€ข Value Chain Analysis
โ€ข 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.

๐—”๐—ฏ๐—ผ๐˜‚๐˜ ๐—จ๐˜€:

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.

๐—–๐—ผ๐—ป๐˜๐—ฎ๐—ฐ๐˜ ๐—จ๐—ฆ:

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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