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Indian Tyre Market illuminated by New Research Report Published By :MarketResearchReports.biz

04-11-2016 10:46 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: MarketResearchReports.biz

Indian Tyre Market illuminated by New Research Report Published

MarketResearchReports.Biz presents this most up-to-date research on“ Indian Tyre Market: Trends & Opportunities (2012-2017).”

Description

Government policies and norms play a major role in shaping the dynamics and future of tyre market. Recently, the government of India went for the outright sale of its wholly owned, West Bengal-based Tyre Corporation of India limited (TCIL). TCIL, engaged in manufacturing and marketing of automotive tyres was declared sick in 1992. From the last ten years, the company has not been manufacturing its own brand of tyres and has been doing work for companies such as CEAT and Birla Tyres.

The Indian tyre market is highly concentrated as about 60% of the market is catered by top notch players. The market is expected to witness fierce competition from international players entering the Indian market. The major players in the market are MRF, JK tyres, Apollo, CEAT, Birla etc.

At present the two-wheeler and commercial tyre segment is witnessing tremendous growth. And passenger cars tyre segment is the fastest growing category with a raising demand in future. Talking about the technological aspect, the market is flooded with technology like tubeless tyres, radialisation and retreading.

The report titled Indian Tyre Market: Trends and Opportunities (2012-2017 analyzes the growth of the market and the future direction of the industry. The key market challenges recognized by the analysts and the major trends of the Indian tyre market are presented in the report.

The report also provides a brief over viewing on the pricing strategy, profiling of the major competitors and their market strategy. Key players of the market like MRF, JK tyres, Apollo, CEAT, Birla have been profiled and the growth of the market has been projected taking into consideration various aspects like previous growth patterns, the current trends and the growth drivers.

Download Full Version PDF report at: http://www.marketresearchreports.biz/sample/sample/186791

TABLE OF CONTENT

1. Executive Summary

2. Understanding Tyre Market

3. Global Tyre Market Analysis

3.1. Market Size
3.2. Global Market Share
3.2.1. By Production
3.2.2. By Type of Vehicle
3.2.3. By major Players

4. Indian Tyre Market Analysis

4.1. Segment Analysis
4.2. Market Share
4.2.1. By Major Players
4.2.2. By End Users
4.3. Pricing Strategy

5. Indian Tyre Market: PEST Analysis

6. Indian Tyre Market: Drivers and Challenges

6.1. Drivers
6.2. Challenges

7. Tyre Market Trends

7.1. Vertical Integration
7.2. Emergence of Tubeless Tyre
7.3. Retreading Technology

8. Michael Porter’s five Forces Analysis

9. Company Profile

9.1. MRF
9.2. JK Tyres
9.3. Apollo Tyres
9.4. CEAT

10. Recommendations

Higher penetration of Radialisation
Reduced Excise Duty

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