Asia Tire Industry Future Outlook to 2017
Growth to be Driven by Green Tires
Region:Asia
Product Code:KR39
April 2013
178
About the Report
The report titled “Asia Tire Industry Outlook to 2017 – Growth to be Driven by Green Tires” provides a comprehensive analysis of the various aspects such as market size of the Asia, China, Japan, India, South Korea, Malaysia and Indonesia tire industry. The report discusses about the OEM, Replacement, export, import, redial, green, bias and used tires market. The report also covers the market shares of major players in China, Japan, India, South Korea and Indonesia.
Tire market in Asia, which is hugely driven by the sales of passenger cars and commercial vehicles, registered revenues of USD ~ million in 2012. With the advent of new varieties of tires and owing to an exceptional financial performance by several tire majors in the industry, the revenues increased by 25.4% compared to 2011 where the total revenues were USD ~ million. Each country in the Asia tire industry is subject to a gamut of different factors such as automobile production, prices of natural rubber and crude oil and disposable incomes, and play an important role in determining their respective revenues. China was the largest manufacturer of tires in terms of revenue, having recorded sales of USD ~ million in 2012. The Asia tire industry has grown at a CAGR of 22% from USD 54,214.8 million in 2008 to USD ~ million in 2012.
The tire market in China is comprised of various manufacturers that specialize in designing and producing tires for a range of vehicles. Along with the presence of tire multinationals, market in China is primarily driven by the performance of more than 500 domestic tire manufacturers. Hangzhou Zhongce was the leader in China’s tire space with a market share of ~%. Market revenues of Japan based Bridgestone have increased noticeably from USD 8,636.6 million in 2008 to USD ~ million in CY’2012, making it the largest player in the tire market in Japan. MRF was the largest tire manufacturer in India on the basis of revenues while tire industry in South Korea was led by Hankook, which registered revenues of USD 3,798 million in 2012. Bridgestone dominated the Indonesian passenger car tire market, while Gajah Tunggal accounted for the major share of the tire market for motorcycles.
Major tire enterprises all across Asia have been focusing increasingly on vertical expansions to curb the effect of unstable prices of critical raw materials, natural rubber in particular. Companies have been increasingly acquiring rubber estates outside their operating countries and have also been developing alternate sources of raw materials. A major development in the tire space has been the inception of tire labeling by the European Union. With the introduction of strict manufacturing standards, numerous companies have had to incorporate radical changes in their tire production so as to conform to the strict prerequisites for tire exports to Europe.
The market for tires in Asia is changing at a brisk rate. Technological advancements and demand of tires across a wide array of vehicles as well as competitive pressures amongst tire producers have been significantly changing the market. Revenues from the tire industry in Asia are expected to expand to USD ~ million in 2017, growing with a CAGR of ~% from 2012 to 2017.
Key Topics Covered in the Report
- The market size of the Asia, China, Japan, India, South Korea OEM and Replacement tire industry
- The market size of other emerging countries such as Malaysia and Indonesia
- Market segmentation of the Asia tire industry on the basis of geographical contribution by China, Japan, India, South Korea and Malaysia.
- Market segmentation of the China tire industry on the basis of OEM, replacement and exports, types of tires and types of vehicles.
- Market segmentation of the Japan tire industry on the basis of replacement, OEM and exports and types of vehicles.
- Market segmentation of the Japan OEM and replacement tire market on the basis of types of vehicles.
- Market segmentation of the Japan used tire market on the basis of tire replacement and vehicle scrapping, and reuse, heat utilization and exports.
- Market segmentation of the India tire industry on the basis of types of vehicles, replacement, OEM and exports for different vehicles and level of radialisation.
- Market segmentation of the South Korea tire industry on the basis of replacement, OEM and exports and passenger and commercial vehicles.
- Market segmentation of the Indonesia on the basis of OEM, replacement and exports.
- Trends and Development in the Asia tire industry, China tire industry, Japan tire industry, India tire industry and South Korea tire industry.
- Competitive landscape and detailed company profiles of the major manufacturers of tires in China, Japan, India and South Korea.
- Future outlook and projections of the Asia tire industry, China tire industry, Japan tire industry, India tire industry and South Korea tire industry on the basis of revenues.
Products
Tire, OEM Tire Market, Replacement Tire Market, Tire Exports, Tire Imports, Used Tire Market
Companies
Hangzhou Zhongce Rubber, Bridgestone, GITI Tire, Kumho, Triangle Group, Hankook, Bridgestone, Sumitomo Rubber, Yokohama, Toyo Tire & Rubber, MRF , Apollo, JK Tire, Kesoram Industries Limited, Ceat, Goodyear, TVS Srichakra, Falcon Tires, Balakrishna Indust
Table of Contents
1. Asia Tire Industry Introduction
1.1. Asia Tire Industry Market Size, 2008-2012
1.2. Asia Tire Industry Market Segmentation by Geography, 2008-2012
1.3. Asia Tire Industry Trend and Developments
The Onset of Outsourcing
Rising Attention to Tire Labeling
Surging Market Share of Run Flat Tires
Advanced Innovation through Intelligent Tires
Growing Popularity of Super Single Tires with Wide Tire Base
Reduced Weariness through Nitrogen Inflation
Rising Penetration of Self Sealing and Wet Tires
1.4. Asia Tire Industry Future Outlook and Projections, 2013-2017
2. China Tire Industry Introduction
2.1. China Tire Industry Market Size
2.1.1. By Revenue and Production, 2006-2012
2.2. China Tire Market Segmentation
2.2.1. By Replacement, OEM and Exports, 2012
2.2.2. By Type of Vehicles, 2012
2.2.3. By Radial and Bias Tires, 2012
2.3. China Tire Exports
2.3.1. By Value, 2006-2012
2.4. Market Shares of Major Players in the China Tire Industry, 2012
2.5. China Tire Industry Trends and Develpoments
Energy Saving and Environment Protection
Tire Labeling
Investment by Multinationals
End of Tire Tarrifs from the US
Stabilization Fund
2.6. China Tire Industry Future Outlook and Projections, 2013-2017
2.6.1. Cause and Effect Relationship Analysis Of The China Tire Industry
2.7. Company Profiles
2.8. Macroeconomic Factors
2.8.1. Passenger Car and Commercial Vehicle Production in China, 2006-2017
2.8.2. Natural Rubber Production in China, 2006-2017
2.8.3. Population in China, 2006-2017
2.8.4. Personal Disposable Incomes in China, 2006-2017
3. Japan Tire Industry Introduction
3.1. Japan Tire Industry Market Size By Revenue, 2008-2012
3.2. Japan Tire Market Segmentation
3.2.1. By Type of Vehicles, 2006-2012
3.2.2. By OEM, Replacement and Exports, 2006-2012
3.2.2.1. Japan OEM Tire Market Size and Segmentation by Vehicles, 2006-2012
3.2.2.2. Japan Replacement Tire Market Size and Segmentation by Vehicles, 2006-2012
3.3. Japan Tire Exports by Value and Quantity, 2006-2012
3.4. Japan Tire Imports By Value, 2006-2012
3.5. Japan Used Tire Market
3.5.1. Japan Used Tire Market Size By Volume, 2007-2011
3.5.2. Japan Used Tire Market Segmentation
3.5.2.1. By Tire Replacement and Vechicle Scrapping, 2007-2011
3.5.2.2. By Reuse, heat Generation and Exports, 2007-2011
3.6. Market Shares of Major Players in the Japan Tire Industry, 2008-2012
3.7. Japan Tire Industry Trends and Developments
Tire Labeling System
Rising Demand of Used Tires
Changing Tire Manufacturing Trend
Road Sensing Technology
The Advent of Run Flat Tires
3.8. Japan Tire Industry Future Outlook and Projections, 2013-2017
3.8.1. Cause and Effect Relationship Analysis of the Japan Tire Industry
3.9. Company Profiles
3.9.1. Bridgestone
3.9.1.1. Business Overview
3.9.1.2. Financial Performance
3.9.1.3. Business Strategies
Focus on Horizontal and Vertical Expansion
Focus on Large and Ultra Large Tire Segment
Focus on Technlogically Superior Product Offerings
3.9.2. Sumitomo rubber
3.9.2.1. Business Overview
3.9.2.2. Financial Performance
3.9.2.3. Business Strategies
Focus on Eco-Friendly Tire Market
Focus on Global Expansion
Research and Development Strategy
3.9.3. Yokohama
3.9.3.1. Business Overview
3.9.3.2. Financial Performance
3.9.3.3. Business Strategies
Globalization Strategy
Focus on Commercial Tires
Focus on Increasing Production Capacity
3.9.4. Toyo Tire & Rubber
3.9.4.1. Business Overview
3.9.4.2. Financial Performance
3.9.4.3. Business Strategies
Focus on Technology
Expansion Strategy
Branding Strategy
3.10. Macroeconomic Factors
3.10.1. Passenger Car and Commercial Vehicle Production in Japan, 2006-2017
3.10.2. Population in Japan, 2006-2017
3.10.3. Personal Disposable Incomes in Japan, 2006-2017
3.10.4. Natural Rubber Imports in Japan, 2006-2017
4. India Tire Industry Introduction
4.1. India Tire Industry Market Size By Revenue, FY’2006-FY’2012
4.2. India Tire Exports By Quantity and Value, FY’2006-FY’2012
4.3. India Tire Imports By Value and Number of Units, FY’2006-FY’2012
4.4. India Tire Market Segmentation
4.4.1. By Type of Vehicles, FY’2006-FY’2012
4.4.2. By Replacement, OEM and Exports for Difffrent Vehicles, FY’2011
4.4.3. By Level of Radialisation For Passenger and Commercial Vehicles, FY’2012
4.5. Market Shares of Major Players in the India Tire Industry, FY’2010-FY’2012
4.6. India Tire Industry Trends and Developments
Increasing Radialisation
Increased Dumping
Retreading
Global Expansion
Green Tires
Backward Integration
Tubeless Tires
Air Maintenance Technology
Venture into Rural Markets
4.7. India Tire Industry Future Outlook and Projections, FY’2013-FY’2017
4.7.1. Cause and Effect Relationship Analysis Of The India Tire Industry
4.8. Company Profiles
4.8.1. MRF
4.8.1.1. Business Overview
4.8.1.2. Financial Performance
4.8.1.3. Business Strategies
Focus on Rubber Estate Acquisition
Focus on research and Development
Focus on Radial and Special Application Tire Development
4.8.2. Apollo Tires
4.8.2.1. Business Overview
4.8.2.2. Financial Performance
4.8.2.3. Business Strategies
Focus on Customer Empowerment
Focus on Service and Delivery
Expansion Strategy
4.8.3. JK Tire
4.8.3.1. Business Overview
4.8.3.2. Financial Performance
4.8.3.3. Business Strategies
Focus on OEM Relationships
Focus on Customer service
Focus on Technology
Focus on Brand Promotion
4.8.4. Kesoram Industries Limited
4.8.4.1. Business Overview
4.8.4.2. Financial Performance
4.8.4.3. Business Strategies
Focus on Profitable Segments
Focus on Passenger Radials and Export Market
4.8.5. Ceat
4.8.5.1. Business Overview
4.8.5.2. Financial Performance
4.8.5.3. Business Strategies
Focus on Specific Tire Segments
Focus on OEM Relationships and Distribution
Research & Development Strategy
Expansion Strategy
4.8.6. Goodyear
4.8.6.1. Business Overview
4.8.6.2. Financial Performance
4.8.6.3. Business Strategies
research and Development
Focus on Quality and Customer Satisfaction
Alliance Strategy
4.8.7. TVS Srichakra
4.8.7.1. Business Overview
4.8.7.2. Financial Performance
4.8.7.3. Business Strategies
Focus on Brand Building
research and Development Strategy
Expansion Strategy
4.8.8. Falcon
4.8.8.1. Business Overview
4.8.8.2. Financial Performance
4.8.8.3. Business Strategies
Focus on Customers
Expansion Strategy
Focus and Tubeless Tires
4.8.9. Balakrishna Industries
4.8.9.1. Business Overview
4.8.9.2. Financial Performance
4.8.9.3. Business Strategies
Focus on Expansion
Focus on Off-the-road Radial Tires
4.9. Macroeconomic Factors
4.9.1. Population in India, FY’2006-FY’2017
4.9.2. Personal Disposable Income In India, FY’2006-FY’2017
4.9.3. Passenger Car and Commercial Vehicle Production in India, FY’2006-FY’2017
4.9.4. Natural Rubber Production in India, FY’2006-FY’2017
5. South Korea Tire Industry Introduction
5.1. South Korea Tire Industry Market Size By Revenue and Production, 2006-2012
5.2. South Korea Tire Market Segmentation
5.2.1. By Export, Replacement and OEM, 2010-2012
5.2.2. By Passenger and Commercial Vehicles, 2006-2012
5.3. South Korea Tire Exports By Value, 2006-2012
5.4. South Korea Tire Imports By Value, 2006-2010
5.5. Market Shares of Major Players in the South Korea Tire Industry, 2006-2012
5.6. South Korea Tire Industry Trends and Developments
Tire Labeling
Environment Friendly Tires
Tire Pressure Monitor System
5.7. South Korea Tire Industry Future Outlook and Projections
5.8. Company Profiles
5.8.1. Hankook
5.8.1.1. Business Overview
5.8.1.2. Financial Performance
5.8.1.3. Business Strategies
Focus on Research and Development
Marketing Innovation Strategy
Focus on Customer Service
Focus on Relatoinships With Global OEMs
5.8.2. Kumho
5.8.2.1. Business Overview
5.8.2.2. Financial Performance
5.8.2.3. Business Strategies
Sports Marketing Strategy
Focus on Customers
Expansion Strategy
5.8.3. Nexen
5.8.3.1. Business Overview
5.8.3.2. Financial Performance
5.8.3.3. Business Strategies
Sponsorship Strategy
Focus on Capacity Expansion
Focus on Expanding OE Business
5.9. Macroeconomic Factors
5.9.1. Passenger Car and Commercial Vehicle Production in South korea, 2006-2017
5.9.2. Population in South Korea, 2006-2017
5.9.3. Personal Disposable Incomes In South Korea, 2006-2017
5.9.4. South Korea Natural Rubber Imports, 2006-2017
6. Other Emerging Tire Markets
6.1. Malaysia Tire Industry Introduction
6.1.1. Malaysia Tire Indsutry Market Size, 2006-2012
6.1.1.1. By Production, 2006-2012
6.1.1.2. By Revenue, 2006-2012
6.1.2. Malaysia Tire Imports and Exports, 2006-2012
6.2. Indonesia Tire Industry Introduction
6.2.1. Indosnesia Tire Industry Market Size By Sales, 2006-2012
6.2.2. Indonesia Tire Industry Segmentation by Replacement, OEM and Exports, 2009-2010
6.2.3. Competitve Landcsape of the Indonesia Tire Industry
6.2.3.1. Market Shares of Major Players in the Passenger Car Tire Segment, 2010-2011
6.2.3.2. Market Shares of Major Players in the Motorcycle Tire Segment, 2011
7. Appendix
7.1. Market Definitions
7.2. Abbreviations
7.3. Research Methodology
Data Collection Methods
Approach
Variables (Dependent and Independent)
Final Conclusion
7.4. Disclaimer
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