Bahrain Tyre (Tire) Market Size, Share by Type 2020- TechSci Research

Summary

Report Description

Around 90% of Bahrain’s revenues are generated from the hydrocarbon sector. By the end of 2014, prices of crude oil declined to around USD50 per barrel as compared to USD100 in the beginning of the year. This led to widening of government’s deficit window, which in turn translated into retrenchment of public expenditure on infrastructure and construction activities. However, the country is getting sufficient support from other GCC countries to strengthen its infrastructure, along with diversification of non-oil sector. Bahrain’s focus on diversification of non-oil sector, along with growing construction activities, rising disposable income, expanding vehicle fleet and increasing automobile sales, are some of the prominent factors which are expected to drive the country’s tire market at a brisk pace during the forecast period.

According to “Bahrain Tyre Market Forecast & Opportunities, 2020’’, passenger car sales in the country are being propelled by population growth backed by growing expatriate population, along with rising disposable income. Growing passenger car sales are expected to fuel growth in passenger car tire segment during the forecast period. With the second highest motorization rate of 698 vehicles (passenger car and commercial vehicle) per 1000 people amongst all the Gulf countries, Bahrain has emerged as a potential auto-components replacement market in the Middle East. Bahrain tire market is dominated by Chinese brands, which is anticipated to trim down the share of premium tire brands during forecast period. Some of the prominent global brands operating in Bahrain tire market are Hankook, Bridgestone, Pirelli, Yokohama, Continental, Michelin, etc.“Bahrain Tyre Market Forecast & Opportunities, 2020” elaborates on the following aspects of tire market in Bahrain:

Bahrain 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 tire market in Bahrain
To identify the on-going trends and segment wise anticipated growth in the next five years
To help industry consultants, tire companies and other stakeholders 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. Bahrain 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, OTR & Two Wheelers)

4.2.2. By Company

4.2.3. By Region

5. Bahrain 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. Bahrain Medium & Heavy Commercial (M&HCV) Tyre Market Outlook

6.1. Market Size & Forecast

6.1.1. By Value & Volume

7. Bahrain Off-the Road (OTR) Tyre Market Outlook

7.1. Market Size & Forecast

7.1.1. By Value & Volume

7.2. Market Share & Forecast

7.2.1. By Vehicle Type

8. Bahrain Light Commercial Vehicle (LCV) Tyre Market Outlook

8.1. Market Size & Forecast

8.1.1. By Value & Volume

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

9.1. Market Size & Forecast

9.1.1. By Value & Volume

10. Market Dynamics

10.1. Drivers

10.2. Challenges

11. Market Trends & Developments

12. Policy & Regulatory Landscape

13. Bahrain Economic Profile

14. Competitive Landscape

14.1. Bridgestone Tyre

14.2. Continental Tyre

14.3. Yokohama Tyre

14.4. Hankook Tyre

14.5. Michelin Tyre

14.6. Goodyear Tyre

14.7. Pirelli Tyre

14.8. Sumitomo

14.9. General Tyre

14.10. BFGoodrich

15. Strategic Recommendations

Figures and Tables

List of Figures

Figure 1: Bahrain Tyre Market Size, By Value (USD Billion), By Volume (ThousandUnits), 2010-2020F

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

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

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

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

Figure 6: Bahrain Passenger Car Tyre Market Share, By Vehicle Type, By Volume, 2010-2020F

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

Figure 8: Bahrain OTR Tyre Market Size, By Value (USD Billion), By Volume (Thousand Units), 2010-2020F

Figure 9: Bahrain OTR Tyre Market Share, By Vehicle Type, By Volume, 2010-2020F

Figure 10: Bahrain Light Commercial Vehicle Tyre Market, By Value (USD Billion), By Volume (Thousand Units), 2010-2020F

Figure 11: Bahrain Two Wheeler Tyre Market Size, By Value (USD Billion), By Volume (Thousand Units), 2010-2020F

List of Tables

Table 1:BahrainTyre Average Selling Prices, By Vehicle Type, Flagship vs Chinese Tyres, 2010–2014 (USD)

Table 2:Bahrain Passenger Car Sales, By Volume, 2010–2014 (Units)

Table 3: Bahrain Passenger Car Fleet Size, By Volume, 2010–2014 (Units)

Table 4: Bahrain Medium & Heavy Commercial Vehicle Sales, By Volume, 2010–2014 (Units)

Table 5: Bahrain Light Commercial Vehicle Sales, By Volume, 2010–2014 (Units)

Table 6: Bahrain Commercial Vehicle Fleet Size, By Volume, 2010–2014 (Units)

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Bahrain Tyre Market Forecast and Opportunities, 2020

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