Press release
Southeast Asian Tire Market Valued at $8.21 Billion in 2020, Poised for 6.1% Growth to 2030 | AMR
๐๐๐ญ ๐๐๐ฌ๐๐๐ซ๐๐ก ๐๐๐ฉ๐จ๐ซ๐ญ ๐๐๐ฆ๐ฉ๐ฅ๐ ๐๐๐ ๐๐ฌ : https://www.alliedmarketresearch.com/request-sample/A14286
High rubber production in the Southeast Asian region, growth in automotive exports, and rise in passenger car sales drive the growth of the Southeast Asian tire market. However, development in the market of retreading tires and lack of infrastructure restrain the market to some extent. On the other hand, advancements in technology present new opportunities in the upcoming years.
๐๐ก๐ ๐ซ๐๐ฉ๐จ๐ซ๐ญ ๐จ๐๐๐๐ซ๐ฌ ๐๐๐ญ๐๐ข๐ฅ๐๐ ๐ฌ๐๐ ๐ฆ๐๐ง๐ญ๐๐ญ๐ข๐จ๐ง ๐จ๐ ๐ญ๐ก๐ ๐๐จ๐ฎ๐ญ๐ก๐๐๐ฌ๐ญ ๐๐ฌ๐ข๐๐ง ๐ญ๐ข๐ซ๐ ๐ฆ๐๐ซ๐ค๐๐ญ ๐๐๐ฌ๐๐ ๐จ๐ง ๐ญ๐ฒ๐ฉ๐, ๐ฏ๐๐ก๐ข๐๐ฅ๐ ๐ญ๐ฒ๐ฉ๐, ๐ซ๐ข๐ฆ ๐ฌ๐ข๐ณ๐, ๐๐ง๐ ๐๐จ๐ฎ๐ง๐ญ๐ซ๐ฒ.
Based on type, the all season segment held the highest market share in 2020, holding 92% of the total market share, and is expected to continue its leadership status during the forecast period. Moreover, the summer segment is estimated to register the highest CAGR of 7.5% from 2021 to 2030.
Based on vehicle type, the two wheeler segment held the largest market share in 2020, holding around more than one-third of the total market share, and is expected to continue its leadership status during the forecast period. Moreover, the electric vehicle segment is projected to register the highest CAGR of 10.8% from 2021 to 2030.
๐๐ซ๐จ๐๐ฎ๐ซ๐ ๐๐จ๐ฆ๐ฉ๐ฅ๐๐ญ๐ ๐๐๐ฌ๐๐๐ซ๐๐ก ๐๐๐ฉ๐จ๐ซ๐ญ ๐๐จ๐ฐ : https://www.alliedmarketresearch.com/southeast-asian-tire-market/purchase-options
Based on country, Thailand contributed to the highest share in terms of revenue in 2020, holding nearly one-third of the total market share, and is estimated to continue its dominant share by 2030. Moreover, the Vietnam region is projected to manifest the fastest CAGR of 7.3% during the forecast period.
๐๐๐๐๐-๐๐ ๐ฌ๐๐๐ง๐๐ซ๐ข๐จ :
The outbreak of the COVID-19 pandemic has had a negative impact on the Southeast Asian tire market.
The implementation of lockdown in South Asia gave way to several travel restrictions and forced all tire manufacturing hubs to shut down their operation, which in turn, hampered the growth of the market.
๐๐ง๐ช๐ฎ๐ข๐ซ๐ ๐๐๐๐จ๐ซ๐ ๐๐ฎ๐ฒ๐ข๐ง๐ : https://www.alliedmarketresearch.com/purchase-enquiry/A14286
๐๐๐๐๐ข๐ง๐ ๐๐๐ซ๐ค๐๐ญ ๐๐ฅ๐๐ฒ๐๐ซ๐ฌ :
Bridgestone Corporation,
Continental AG,
Dunlop Tires,
PT Gajah Tunggal Tbk,
Goodyear Tire,
Hankook Tire & Technology Co., Ltd.,
Michelin,
Pirelli & C. S.p.A,
PT Multistrada Arah Sarana Tbk,
Sumitomo Rubber Industries, Ltd.,
The Yokohama Rubber Co., Ltd.,
Inoac Corporation,
PT. Suryaraya Rubberindo Industries,
PT Tiga Berlian Mandiri.
๐๐๐๐ ๐๐จ๐ซ๐ ๐๐๐ฉ๐จ๐ซ๐ญ๐ฌ :
Marine Engine Market
https://www.alliedmarketresearch.com/marine-engine-market
Fuel Cell Bikes Market
https://www.alliedmarketresearch.com/fuel-cell-bikes-market-A10059
Brake and Steer By Wire Market
https://www.alliedmarketresearch.com/brake-and-steer-by-wire-market-A17237
Automotive Glow Plug Market
https://www.alliedmarketresearch.com/automotive-glow-plug-market-A11956
Electric Van Market
https://www.alliedmarketresearch.com/electric-van-market-A47291
Automotive Glass Market
https://www.alliedmarketresearch.com/global-automotive-glass-market
๐๐จ๐ง๐ญ๐๐๐ญ :
David Correa
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help@alliedmarketresearch.com
Web: www.alliedmarketresearch.com
Allied Market Research Blog: https://blog.alliedmarketresearch.com
๐๐๐จ๐ฎ๐ญ ๐ฎ๐ฌ :
Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Wilmington, Delaware. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.
We are in professional corporate relations with various companies, and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.
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