APAC OTR Tire (Tyre) Market Size, Share 2022 By Vehicle Type & Demand Category- TechSci Research

Summary

Report Description

Asia-Pacific OTR tire market stood at $ 9.84 billion in 2016, and the market is projected to reach $ 15.72 billion by 2022, exhibiting a CAGR of 8.5%, in value terms, during 2017-2022, on the back of increasing usage in agriculture and industrial sectors. Based on vehicle type, APAC OTR tire market has been majorly segmented into three categories, namely, mining, construction & industrial equipment; agriculture vehicles; and others.

Years considered for this report:

Historical Years: 2012 – 2015

Base Year: 2016

Estimated Year: 2017

Forecast Period: 2017 – 2022

Objective of the Study:

To assess the demand-supply scenario of APAC OTR tire market, which covers production, imports, exports, demand, supply, and net inventory status
To analyze and forecast the market size of APAC OTR tire market, in terms of value as well as volume
To classify and forecast Asia-Pacific OTR tire market based on vehicle type, demand category and regional distribution
To identify drivers and challenges for Asia-Pacific OTR tire market
To examine competitive developments such as expansions, new product launches, mergers & acquisitions, etc., in Asia-Pacific OTR tire market
To conduct the pricing analysis for Asia-Pacific OTR tire market
To identify and analyze the profile of leading players involved in manufacturing of OTR tires in Asia-Pacific

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Some of the major players operating in Asia-Pacific OTR tire market are Bridgestone Corporation, The Yokohama Rubber Co., Ltd, Balkrishna Industries Limited, Sumitomo Rubber Industries, Ltd, Toyo Tire & Rubber Company, Apollo Tyres Ltd., Hangzhou Zhongce Rubber Co. Ltd., Triangle Tyre Co. Ltd, JK Tyre & Industries Ltd, MRF Limited, CEAT Limited, etc.

TechSci Research performed both primary as well as exhaustive secondary research for this study. Initially, TechSci Research sourced a list of leading OTR tire manufacturers across Asia-Pacific. Subsequently, TechSci Research conducted primary research surveys with the identified companies. While interviewing, the respondents were asked about their competitors. Through this technique, TechSci Research was able to include manufacturers which could not be identified due to limitations of secondary research. TechSci Research analyzed product offerings, distribution network, and country-wise presence of major OTR tire manufacturers operating across Asia-Pacific.

TechSci Research calculated the market size for APAC OTR market using a bottom-up approach, where manufacturers’ volume sales data for various applications were recorded as well as forecast for the future years was done. TechSci Research sourced these values from industry experts and company representatives, and externally validated through analysing historical sales data of respective manufacturers to arrive at the overall market size. Various secondary sources, secondary sources directories, and databases such as Japan Automobile Tyre Manufacturers Association (JATMA), Automotive Tyre Manufacturers Association (ATMA) India, China Rubber Industry Association (RIA), company websites, company annual reports, white papers, investor presentations and financial reports were also used by TechSci Research.

Key Target Audience:

Dealers/ Distributors of OTR tires
Raw material suppliers
End users of OTR tires
Research organizations and consulting companies
Associations, organizations, forums and alliances related to OTR Tire
Original Equipment Manufacturers (OEMs)
Industry associations
Market research and consulting firms

The study is useful in providing answers to several critical questions that are important for industry stakeholders such as OTR tire manufacturers, distributors and dealers, customers and policy makers. The study would also help them to target growing segments over the coming years (next two to five years), thereby aiding stakeholders in taking investment decisions and facilitating their expansion.

Report Scope:

In this report, Asia-Pacific OTR tire market has been segmented into following categories, in addition to the industry trends which have also been detailed below:

Market, by Vehicle Type:

Agriculture Equipment
Industrial Equipment
ATVs
Others

Market, by Demand Category:

OEM
Replacement

Market, by Country:

China
India
Japan
South Korea
Australia
Malaysia
Indonesia
Thailand

Competitive Landscape

Company Profiles: Detailed analysis of major companies present in Asia-Pacific OTR tire market

Available Customizations:

With the given market data, TechSci Research offers customizations according to a company’s specific needs. Following customization options are available for the report:

Raw Material Analysis

Detailed list of different raw materials used in production of OTR tires, list of existing suppliers of raw materials, pricing analysis of raw materials, analysis of difference between imported and domestically procured raw materials

Company Information

Detailed analysis and profiling of additional market players (up to five)

Profit Margin Analysis

Profit margin analysis in case of direct and indirect sales channel

In case you don’t find what you are looking for, please get in touch with our custom research team at [email protected]

Table of content

1. Product Overview

2. Research Methodology

3. Analyst View

4. APAC OTR Tire Production Overview

5. Global OTR Tire Market Outlook

5.1. Market Size & Forecast

5.1.1.By Value & Volume

6. Asia-Pacific OTR Tire Market Outlook

6.1. Market Size & Forecast

6.1.1.By Value & Volume

6.2. Market Share & Forecast

6.2.1.By Vehicle Type

6.2.2.By Country

6.3. Market Attractiveness Index (By Vehicle Type)

6.4. Market Attractiveness Index (By Country)

6.5. Prominent Tire Sizes (By Country)

6.6. Asia-Pacific: Country Analysis

6.6.1. China OTR Tire Market Outlook

6.6.1.1. Market Size & Forecast

6.6.1.1.1. By Value & Volume

6.6.1.2. Market Share & Forecast

6.6.1.2.1. By Vehicle Type

6.6.1.3. Market Attractiveness Index (Vehicle Type)

6.6.1.4. Import Tariff

6.6.2. India OTR Tire Market Outlook

6.6.2.1. Market Size & Forecast

6.6.2.1.1. By Value & Volume

6.6.2.2. Market Share & Forecast

6.6.2.2.1. By Vehicle Type

6.6.2.3. Market Attractiveness Index (Vehicle Type)

6.6.2.4. Import Tariff

6.6.3. Japan OTR Tire Market Outlook

6.6.3.1. Market Size & Forecast

6.6.3.1.1. By Value & Volume

6.6.3.2. Market Share & Forecast

6.6.3.2.1. By Vehicle Type

6.6.3.3. Market Attractiveness Index (Vehicle Type)

6.6.3.4. Import Tariff

6.6.4. South Korea OTR Tire Market Outlook

6.6.4.1. Market Size & Forecast

6.6.4.1.1. By Value & Volume

6.6.4.2. Market Share & Forecast

6.6.4.2.1. By Vehicle Type

6.6.4.3. Market Attractiveness Index (Vehicle Type)

6.6.4.4. Import Tariff

6.6.5. Australia OTR Tire Market Outlook

6.6.5.1. Market Size & Forecast

6.6.5.1.1. By Value & Volume

6.6.5.2. Market Share & Forecast

6.6.5.2.1. By Vehicle Type

6.6.5.3. Market Attractiveness Index (Vehicle Type)

6.6.5.4. Import Tariff

6.6.6. Malaysia OTR Tire Market Outlook

6.6.6.1. Market Size & Forecast

6.6.6.1.1. By Value & Volume

6.6.6.2. Market Share & Forecast

6.6.6.2.1. By Vehicle Type

6.6.6.3. Market Attractiveness Index (Vehicle Type)

6.6.6.4. Import Tariff

6.6.7. Indonesia OTR Tire Market Outlook

6.6.7.1. Market Size & Forecast

6.6.7.1.1. By Value & Volume

6.6.7.2. Market Share & Forecast

6.6.7.2.1. By Vehicle Type

6.6.7.3. Market Attractiveness Index (Vehicle Type)

6.6.7.4. Import Tariff

6.6.8. Thailand OTR Tire Market Outlook

6.6.8.1. Market Size & Forecast

6.6.8.1.1. By Value & Volume

6.6.8.2. Market Share & Forecast

6.6.8.2.1. By Vehicle Type

6.6.8.3. Market Attractiveness Index (Vehicle Type)

6.6.8.4. Import Tariff

7. Market Dynamics

8. Market Trends & Developments

8.1. Surging Penetration of Chinese Brand Tires

8.2. Growing Dominance of Asia-Pacific Region

9. Competitive Landscape

9.1. Bridgestone Corporation

9.2. The Yokohama Rubber Co., Ltd

9.3. Balkrishna Industries Limited

9.4. Sumitomo Rubber Industries, Ltd

9.5. Toyo Tire & Rubber Company

9.6. Apollo Tyres Ltd.

9.7. Hangzhou Zhongce Rubber CO., LTD.

9.8. Triangle Tyre Co. Ltd.

9.9. JK Tyre & Industries Ltd

9.10. MRF Limited

9.11. Cheng Shin Rubber Ind. Co., Ltd

9.12. CEAT Limited

10. Annexure: List of OTR Tire Dealers/Distributors

Figures and Tables

List of Figures

Figure 1: Global OTR Tire Market Size, By Value (USD Billion), By Volume (Million Unit), 2012-2022F

Figure 2: Asia-Pacific OTR Tire Market Size, By Value (USD Billion), By Volume (Million Unit), 2012-2022F

Figure 3: Asia-Pacific OTR Tire Market Share, By Vehicle Type, By Volume, 2016-2022F

Figure 4: Asia-Pacific OTR Tire Market Share, By Country, By Volume, 2016 & 2022F

Figure 5: Asia-Pacific OTR Tire Market Attractiveness Index, By Vehicle Type, By Volume, 2017E-2022F

Figure 6: Asia-Pacific OTR Tire Market Attractiveness Index, By Country, By Volume, 2017E-2022F

Figure 7: China OTR Tire Market Size, By Value (USD Billion), By Volume (Million Unit), 2012-2022F

Figure 8: China OTR Tire Market Share, By Vehicle Type, By Volume, 2016-2022F

Figure 9: China OTR Tire Market Attractiveness Index, By Vehicle Type, By Volume, 2017E-2022F

Figure 10: India OTR Tire Market Size, By Value (USD Billion), By Volume (Million Unit), 2012-2022F

Figure 11: India OTR Tire Market Share, By Vehicle Type, By Volume, 2016-2022F

Figure 12: India OTR Tire Market Attractiveness Index, By Vehicle Type, By Volume, 2017E-2022F

Figure 13: Japan OTR Tire Market Size, By Value (USD Billion), By Volume (Million Unit), 2012-2022F

Figure 14: Japan OTR Tire Market Share, By Vehicle Type, By Volume, 2016-2022F

Figure 15: Japan OTR Tire Market Attractiveness Index, By Vehicle Type, By Volume, 2017E-2022F

Figure 16: South Korea OTR Tire Market Size, By Value (USD Billion), By Volume (Million Unit), 2012-2022F

Figure 17: South Korea OTR Tire Market Share, By Vehicle Type, By Volume, 2016-2022F

Figure 18: South Korea OTR Tire Market Attractiveness Index, By Vehicle Type, By Volume, 2017E-2022F

Figure 19: Australia OTR Tire Market Size, By Value (USD Billion), By Volume (Million Unit), 2012-2022F

Figure 20: Australia OTR Tire Market Share, By Vehicle Type, By Volume, 2016-2022F

Figure 21: Australia OTR Tire Market Attractiveness Index, By Vehicle Type, By Volume, 2017E-2022F

Figure 22: Malaysia OTR Tire Market Size, By Value (USD Billion), By Volume (Million Unit), 2012-2022F

Figure 23: Malaysia OTR Tire Market Share, By Vehicle Type, By Volume, 2016-2022F

Figure 24: Malaysia OTR Tire Market Attractiveness Index, By Vehicle Type, By Volume, 2017E-2022F

Figure 25: Indonesia OTR Tire Market Size, By Value (USD Billion), By Volume (Million Unit), 2012-2022F

Figure 26: Indonesia OTR Tire Market Share, By Vehicle Type, By Volume, 2016-2022F

Figure 27: Indonesia OTR Tire Market Attractiveness Index, By Vehicle Type, By Volume, 2017E-2022F

Figure 28: Thailand OTR Tire Market Size, By Value (USD Billion), By Volume (Million Unit), 2012-2022F

Figure 29: Thailand OTR Tire Market Share, By Vehicle Type, By Volume, 2016-2022F

Figure 30: Thailand OTR Tire Market Attractiveness Index, By Vehicle Type, By Volume, 2017E-2022F

List of Tables

Table 1: Asia-Pacific OTR Tire Production, By Company & Plant Location, 2014

Table 2: China OTR Tire Import Tariff, By HS Code, 2016

Table 3: India OTR Tire Import Tariff, By HS Code, 2016

Table 4: Japan OTR Tire Import Tariff, By HS Code, 2016

Table 5: South Korea OTR Tire Import Tariff, By HS Code, 2016

Table 6: Australia OTR Tire Import Tariff, By HS Code, 2016

Table 7: Malaysia OTR Tire Import Tariff, By HS Code, 2016

Table 8: Indonesia OTR Tire Import Tariff, By HS Code, 2016

Table 9: Thailand OTR Tire Import Tariff, By HS Code, 2016

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Press Release

OTR Tire Market in APAC to Grow at 8.5% till 2022

Jul, 2017

Flourishing construction and agriculture industries coupled with growing penetration of Chinese brands to drive APAC OTR tire market through 2022

APAC OTR Tire Market By Vehicle Type (Mining, Construction & Industrial Equipment; Agriculture Vehicles; and Others), By Demand Category (OEM Vs. Replacement), By Country, Competition Forecast and Opportunities, 2022

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