Research Methodology

TechSci Research provides market research reports on tire industry for 80 countries. We use innovative business model that focuses on improved productivity, which also ensures the creation of high-quality reports. The reports are prepared with in-depth primary research followed by exhaustive secondary research.

Primary Research Sample Size

Stakeholders Surveyed
Respondent Type No. of Surveys
Tire Manufacturers 432
Tire Distributors & Dealers 602
OEMs 126
Industry Experts (Retired Executives, Technical Consultants, Personnel from local Industry Associations, Policy Makers) 53
Total Surveys 1213

Few of Sources of Secondary Research

S.No. Source S.No. Source
1 Japan Automobile Tire Manufacturers Association (JATMA) 11 Thai Automotive Tire Manufactures Association (TATMA)
2 European Tire and Rubber Manufacturers Association 12 ASEAN Automotive Federation (AAF) (ETRMA)
3 Imported Tire Manufacturers Association of Europe (ITMA) 13 OICA
4 China Rubber industry Association (RIA) 14 Society of Motor Manufacturers and Traders of UK (SMMT)
5 The British Tire Manufacturers Association (BTMA) 15 South Africa Tire Manufacturers Conference (SATMC)
6 China Association of Automotive Manufactures (CAAM) 16 World Bank
7 European Automotive Manufactures Association (ACEA) 17 Eurostat
8 USA Rubber Manufactures Association (RMA) 18 International Monetary Fund (IMF)
9 Society of Indian Automobile Manufactures (SIAM) 19 European Rubber Journal
10 Malaysian Rubber Products Manufactures Association 20 Company Annual Reports (MRPMA)

For the preparation of global tire report bottom up model has been used which has been later on cross validated by using top down approach.

Tire Production

TechSci Research has mapped production capacities of almost every tire manufacturing unit worldwide. With the help of a series of primary research survey of every tire manufacturing unit globally followed by cross validation through secondary sources such as company annual reports and industry associations, TechSci Research has been successful in identifying the production capacities of each tire plant covering plant location, establishment date, annual production capacity and type of tire manufactured.

Vehicle Production, Sales & Fleet Size

The tire market is completely dependent on automobile industry therefore, the basic data points that are needed for the analysis of global tire market are the historical, current and forecast figures for vehicle production, sales and fleet size. Data for fleet size has been extracted through various government sources and credible data portals. TechSci Research has maintained a database for vehicle production, sales and fleet size for each vehicle segments (passenger cars, light commercial vehicle, medium & heavy commercial vehicles, two- wheelers, three-wheelers & off-the-road vehicles) which is continuously updated through various primary research surveys and secondary sources such as automotive associations &government publications.

Tire Demand

OEM Tire Sales

OEM tire demand has been calculated by multiplying the average number of tires per vehicle to the total number of vehicle produced. For Example, for two-wheeler the average number of tires are considered to be two and for passenger cars, the average number of tires is five. Further, the average number of tires for light commercial vehicles (LCVs), medium & heavy commercial vehicles (M&HCVs) and off-the road (OTR) vehicles, the average number of tires can vary from country to country.

Replacement Tire Sales

Replacement tire demand of a particular country is directly dependent on country’s vehicle fleet size & historical vehicle sales. The replacement demand is therefore extracted by multiplying the vehicle fleet with the replacement tire ratio. The replacement ratio is obtained by conducting a series of surveys with car owners to understand the frequency of tire replacement as it varies for different countries depending upon factors such as road conditions, climate, and economic, legal, etc. conditions. For Example, for the Middle-Eastern countries like Saudi Arabia, due to harsh weather conditions, the replacement period of tire is less in comparison to Asia- Pacific countries like India, China, Australia, etc. The replacement ratio is expressed as percentage and is considered to be 100% if one tire is replaced per vehicle per year.

Example for Passenger Car replacement tire demand calculation:

Passenger Car Fleet Size (Volume) X Replacement Ratio (in %) = Replacement Tire Demand
1,00,000 X 85% = 85,000 Tires

The calculated replacement tire demand data is further analyzed by TechSci Research through Delphi technique i.e. multiple rounds of telephonic interviews were conducted with tire companies/dealers in the target country. The information thus gathered through primary interviews was cross-verified through industry experts and secondary sources such as annual reports and paid databases to generate meaningful results.

OEM Tire Sales + Replacement Tire Sales = Total Tire Market

Tire Trade (Import & Export)

TechSci Research has analyzed the tire import and export in 80 countries. The data has been gathered through government agencies & credible paid databases. The total tire trade has been segmented in accordance with below mentioned HS codes:

HS Code Description Tire Type
401110 Motor Cars Passenger Car Tire
401140 Motorcycle Tire Two-Wheeler Tire
401161 Tire Having a "Herring Bone" OTR Tire
401162 Tire Having a "Herring Bone" OTR Tire
401163 Tire Having a "Herring Bone" OTR Tire
401169 Tire Having a "Herring Bone" OTR Tire
401191 Tire Having a "Herring Bone" OTR Tire
401192 Agriculture Tire OTR Tire
401193 Construction/Industrial Tire OTR Tire
401194 Construction/Industrial Tire OTR Tire
401199 Others Others Tire

The import and export figures for each HS Code has been depicted in value terms (USD), weigh (Ton) and in volume (Units).

Tire Brands Mapping

TechSci Research has mapped each Tire brands that are being sold in a particular country. TechSci Research has gathered this information through primary and secondary research. The brands that are being sold in a particular country are further segmented into “domestically manufactured” and “domestically non-manufactured” categories. The objective behind brand mapping is to understand more about the competition such as market share, current targets, future strategy, etc.

Forecast

For forecasting the numbers we have used Time Series Analysis along with Regression Analysis followed by judgmental analysis as certain factors would always differ in every country such as infrastructure condition, economic outlook, etc.

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