Azerbaijan Tyre Market Size, Share 2020 By Type

Summary

Report Description

Azerbaijan’s economy is hugely dependent on oil & gas. However, on account of fluctuating prices in the oil sector, government has been increasing its focus on non-oil sectors. Azerbaijan government is aiming at sustainable socio-economic development, with higher focus on development of roads, railways, transportation, communication and other infrastructure projects in the coming years. This is expected to significantly boost construction and logistics industries in the country, which is anticipated to expand the automobile fleet size in the country, and thereby drive replacement demand for tires over the next five years. Due to absence of OEMs in the country, demand for tires in Azerbaijan solely emanates from the replacement segment.

According to “Azerbaijan Tyre Market Forecast and Opportunities, 2020”, tire market in Azerbaijan is projected to grow at a CAGR of over 5% during 2015 - 2020, predominantly due to rising demand for tires from the replacement segment and increasing purchasing power of consumers in the country. Passenger car tire segment is anticipated to continue dominating Azerbaijan tire market through 2020, due to expanding passenger car fleet size and rising demand for sedans in the country. Increasing government focus on non-oil sectors is propelling growth in the construction and infrastructure sectors in the country, thereby driving demand for OTR and commercial vehicles, which is expected to translate into higher demand for OTR and commercial vehicle tire market in the country during 2015 - 2020. “Azerbaijan Tyre Market Forecast and Opportunities, 2020” elaborates on the following aspects of tire market in Azerbaijan:

Azerbaijan Tire Market Size, Share & Forecast
Segmental Analysis – Passenger Car Tires, Light Commercial Vehicle Tires, Medium & Heavy Commercial Tires, OTR Tires and Two-Wheeler Tires
Policy & Regulatory Landscape
Changing Market Trends and Emerging Opportunities
Competitive Landscape and Strategic Recommendations

Why You Should Buy This Report?

To gain an in-depth understanding of Azerbaijan tire market
To identify the on-going trends and segment wise anticipated growth over the next five years
To help industry consultants, tire companies and other stakeholders to align their market-centric strategies
To obtain research based business decisions and add weight to presentations and marketing material
To gain competitive knowledge of leading players
To avail 10% customization in the report without any extra charges and get research data or trends added in the report as per the buyer’s specific needs

Report Methodology

The information contained in this report is based on both primary and secondary sources. Primary research included interviews with tire companies, distributors and industry experts. Secondary research included an exhaustive search of relevant publications like company annual reports, financial reports and proprietary databases.

Table of content

1. Research Methodology

2. Analyst View

3. Product Overview

4. Azerbaijan Tyre Market Outlook

4.1. Market Size & Forecast

4.1.1. By Value & Volume

4.2. Market Share & Forecast

4.2.1. By Vehicle Type (Passenger Cars, LCV, MHCV, Two-Wheelers & OTR)

4.2.2. By Company

4.2.3. By Region

5. Azerbaijan Passenger Car (PC) Tyre Market Outlook

5.1. Market Size & Forecast

5.1.1. By Value & Volume

5.2. Market Share & Forecast

5.2.1. By Vehicle Type

6. Azerbaijan Medium & Heavy Commercial (M&HCV) Tyre Market Outlook

6.1. Market Size & Forecast

6.1.1. By Value & Volume

7. Azerbaijan Light Commercial Vehicle (LCV) Tyre Market Outlook

7.1. Market Size & Forecast

7.1.1. By Value & Volume

8. Azerbaijan Off-the Road (OTR) Tyre Market Outlook

8.1. Market Size & Forecast

8.1.1. By Value & Volume

9. Azerbaijan Two-Wheeler (2W) Tyre Market Outlook

9.1. Market Size & Forecast

9.1.1. By Value & Volume

10. Import-Export Analysis

11. Market Dynamics

11.1. Drivers

11.2. Challenges

12. Market Trends & Developments

12.1. Increasing Chinese Tyre Penetration

12.2. Declining Tyre Retreading Market

12.3. Fluctuating Tyre Import Scenario

12.4. Rising Automobile Sales

13. Policy & Regulatory Landscape

14. Azerbaijan Economic Profile

15. Competitive Landscape

15.1. Compagnie Générale des Établissements Michelin SCA

15.2. Continental AG

15.3. The Goodyear Tire & Rubber Company

15.4. Bridgestone Corporation

15.5. Nizhnekamskshina Joint Stock Company

15.6. Nokian Tyres PLC

15.7. Yokohama Rubber Co., Ltd

15.8. Hankook Tyre

15.9. Triangle Tyre Co., Ltd

15.10. Belshina Joint Stock Company

15.11. Shandong Transtone Tyre Co., Ltd.

16. Strategic Recommendations

Figures and Tables

List of Figures

Figure 1: Azerbaijan Tyre Market Size, By Value (USD Million), By Volume (Million Units), 2010-2020F

Figure 2: Azerbaijan Tyre Market Share, By Vehicle Type, By Volume, 2010-2020F

Figure 3: Azerbaijan Tyre Market Share, By Company, 2014-2020F

Figure 4: Azerbaijan Tyre Market Share, By Region, By Volume, 2014 & 2020F

Figure 5: Azerbaijan Passenger Car Tyre Market Size, By Value (USD Million), By Volume (Million Units), 2010-2020F

Figure 6: Azerbaijan Passenger Car Tyre Market Share, By Vehicle Type, By Volume, 2014-2020F

Figure 7: Azerbaijan Medium & Heavy Commercial Vehicle Tyre Market Size, By Value (USD Million), By Volume (Million Units), 2010-2020F

Figure 8: Azerbaijan Light Commercial Vehicle Tyre Market Size, By Value (USD Million), By Volume (Million Units), 2010-2020F

Figure 9: Azerbaijan Off-The-Road Tyre Market Size, By Value (USD Million), By Volume (Million Units), 2010-2020F

Figure 10: Azerbaijan Two-Wheeler Tyre Market Size, By Value (USD Million), By Volume (Million Units), 2010-2020F

List of Tables

Table 1: Azerbaijan Tyre Market Average Selling Price (ASP), 2010-2014 (USD)

Table 2: Azerbaijan Passenger Car Fleet Size, 2010–2014E (Units)

Table 3: Azerbaijan Passenger Car Tyre Market, By Vehicle Type, By Volume, 2014-2020F (Million Units)

Table 4: Azerbaijan Ongoing Projects, By Value (USD Million)

Table 5: Azerbaijan Tyre Imports, By Value, 2010-2014 (USD Million)

Table 6: Azerbaijan Automobile Fleet Size, By Vehicle Type, 2010-2014E (Million Units)

Table 7: Custom Duties on New Pneumatic Tyres, 2014-15

Table 8: Custom Duties on Used or Retreaded Pneumatic Tyres, 2014-15

Frequently asked questions

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Srishti Verma

Business Consultant

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Press Release

Azerbaijan Tyre Market to Grow at a CAGR of over 5% until 2020

Jan, 2016

Increasing government focus on non-oil sectors coupled with rising foreign investments to drive Azerbaijan tyre market through 2020

Azerbaijan Tyre Market Forecast and Opportunities, 2020

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