Iran tire market was valued USD 3.08 Billion in 2019 and is projected to be valued USD 4.12 Billion by 2025 on account of increase in demand for tires from OEMs as well as replacement market. The country’s reviving economy and ease in the sanctions imposed by United Nation Security Council and P5+1 nations are further providing growth opportunities for Iran tire market and are expected to trigger re-entry of leading international players into the country. Moreover, presence of domestic tire manufacturers and rise in demand for passenger cars are also strengthening the market growth. Apart from that, ongoing infrastructure projects in Iran are leading to expanding commercial vehicle fleet which in turn is generating high demand for commercial vehicle tires.

Iran tire market is segmented based on vehicle type, demand category, radial vs bias and region. Based on vehicle type, the market can be categorized into passenger car, LCV, M&HCV, OTR, two-wheeler and three-wheeler. Among them, the passenger car tire segment is dominant in Iran, with a market share estimated at 72.99% in 2019. The reasons behind this can be attributed to increase in adoption of passenger cars for personal use due to increasing middle class population.

Major companies operating in Iran tire market are Barez Industrial Group, Yazd Rubber Industries Complex (YRIC), Hankook Tire, Kumho Tire Co. Inc., Nexen Tire Co., Ltd., Cheng-Shin Rubber Ind. Co. Ltd. (Maxxis Tyres), Iran Tire Manufacturing Co., Pars Tire Co., Artawheel Tire Co. and Falken Tire Corporation. The tire market in Iran has been dominated by domestic tire companies like Barez Tire, Kavir tire, Yazd Tire, etc until 2019. However, the easing of sanctions by UN is expected to trigger re-entry of leading international players into the country. This is anticipated to reduce the market dominance of domestic tire manufacturers in Iran in the coming years.

Historical Years: 2015-2018

Base Year: 2019

Estimated Year: 2020

Forecast Period: 2021–2025

Objective of the Study:

  • To analyze and forecast the market size of Iran tire market.
  • To classify and forecast Iran tire market based on vehicle type, demand category, radial vs bias, company and region.
  • To identify drivers and challenges for Iran tire market.
  • To examine competitive developments such as expansions, new product launches, mergers & acquisitions, etc., in Iran tire market.
  • To identify and analyze the profile of leading players involved in the manufacturing tires in Iran.

 

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To perform the study, TechSci Research conducted primary as well as exhaustive secondary research. Initially, TechSci Research prepared an exhaustive list of tire dealers operating in the country. Subsequently, TechSci Research conducted primary research surveys, which included primary calls, email responses, etc., with the identified companies. While interviewing, the respondents were also asked about their major competitors. Through this technique, TechSci Research could include manufacturers which could not be identified due to the limitations of secondary research. TechSci Research analyzed product offerings, distribution channels and regional presence of all major tire suppliers across Iran.

TechSci Research calculated the market size for Iran tire using a bottom-up technique, wherein manufacturers’ volume sales data for different applications, was recorded as well as forecast for the future years. TechSci Research sourced these values from industry experts and company representatives, and externally validated through analyzing historical sales data of respective manufacturers to arrive at the overall market size. Multiple secondary sources such as directories, databases such as company websites, company annual reports, white papers, investor presentations and financial reports were also studied by TechSci Research.

Key Target Audience:

  • Tire manufacturers, suppliers, distributors and other stakeholders
  • Vehicle manufacturing companies
  • Raw material suppliers
  • Associations, organizations, forums and alliances related to tires
  • Government bodies such as regulatory authorities and policy makers
  • Market research and consulting firms

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

Report Scope:

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

  • Iran Tire Market, By Vehicle Type:

o    Passenger Car

o    Two-Wheeler

o    Medium & Heavy Commercial Vehicle

o    Light Commercial Vehicle

o    Off-The-Road Vehicle (OTR)

o    Three-Wheeler

  • Iran Tire Market, By Demand Category:
    • OEM
    • Replacement
  • Iran Tire Market, By Tire Type:
    • Radial vs Bias
  • Iran Tire Market, By Region:
    • Tehran
    • Mashhad
    • Esfahan
    • Tabriz
    • Kermanshah

Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in Iran tire market.

Available Customizations:

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

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 sales@techsciresearch.com

1.    Product Overview

2.    Research Methodology

3.    Impact of COVID-19 on Iran Tire Market

4.    Executive Summary

5.    Voice of Customer

5.1.  Brand Awareness & Recall

5.2.  Brand Satisfaction

5.3.  Challenges & Unmet Needs

6.    Iran 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 (Passenger Car, LCV, M&HCV, OTR, Two-wheeler and Three -wheeler)

6.2.2.     By Demand Category (OEM Vs. Replacement)

6.2.3.     By Radial Vs Bias

6.2.4.     By Company (2020)

6.2.5.     By Region

6.3.  Market Attractiveness Index

6.3.1.     By Vehicle Type

7.    Iran Passenger Car Tire Market Outlook

7.1.  Market Size & Forecast          

7.1.1.     By Value & Volume

7.2.  Market Share & Forecast

7.2.1.     By Vehicle Type

7.2.2.     By Demand Category

7.2.3.     By Radial Vs Bias

7.3.  Market Attractiveness Index

8.    Iran Two-Wheeler Tire Market Outlook

8.1.  Market Size & Forecast          

8.1.1.     By Value & Volume

8.2.  Market Share & Forecast

8.2.1.     By Vehicle Type

8.2.2.     By Demand Category

8.2.3.     By Radial Vs Bias

8.3.  Market Attractiveness Index

9.    Iran Medium & Heavy Commercial Vehicle Tire Market Outlook

9.1.  Market Size & Forecast          

9.1.1.     By Value & Volume

9.2.  Market Share & Forecast

9.2.1.     By Vehicle Type

9.2.2.     By Demand Category

9.2.3.     By Radial Vs Bias

9.3.  Market Attractiveness Index

10.  Iran Light Commercial Vehicle Tire Market Outlook

10.1.              Market Size & Forecast

10.1.1.  By Value & Volume

10.2.              Market Share & Forecast

10.2.1.  By Vehicle Type

10.2.2.  By Demand Category

10.2.3.  By Radial Vs Bias

10.3.              Market Attractiveness Index

11.  Iran OTR Tire Market Outlook

11.1.              Market Size & Forecast

11.1.1.  By Value & Volume

11.2.              Market Share & Forecast

11.2.1.  By Vehicle Type

11.2.2.  By Demand Category

11.2.3.  By Radial Vs Bias

11.3.              Market Attractiveness Index

12.  Iran Three-Wheeler Tire Market Outlook

12.1.              Market Size & Forecast

12.1.1.  By Value & Volume

12.2.              Market Share & Forecast

12.2.1.  By Vehicle Type

12.2.2.  By Demand Category

12.2.3.  By Radial Vs Bias

12.3.              Market Attractiveness Index

13.  Market Dynamics

13.1.              Drivers

13.2.              Challenges

14.  Import Export Analysis

15.  Market Trends & Developments

16.  Policy and Regulatory & Landscape

17.  Iran Economic Profile

18.  Competitive Landscape

18.1.              Competition Outlook

18.2.              Players Profiled (Leading Companies)

18.2.1.  Barez Industrial Group

18.2.1.1.      Company Overview

18.2.1.2.      Products & Services

18.2.1.3.      Financials (If available)

18.2.1.4.      Current & Future Strategy

18.2.1.5.      Key Management

18.2.1.6.      Contact Details

18.2.2.  Yazd Rubber Industries Complex (YRIC)

18.2.3.  Hankook Tire

18.2.4.  Kumho Tire Co. Inc.

18.2.5.  Nexen Tire Co., Ltd.

18.2.6.  Cheng-Shin Rubber Ind. Co. Ltd. (Maxxis Tyres)

18.2.7.  Iran Tire Manufacturing Co.

18.2.8.  Pars Tire Co.

18.2.9.  Artawheel Tire Co.

18.2.10.                Falken Tire Corporation

19.  Strategic Recommendations

20.  About Us & Disclaimer

 (Note: The companies list can be customized based on the client requirements.)

In case you don’t find what you are looking for, please get in touch with our custom research team at sales@techsciresearch.com

  • List of Figures

     

    Figure 1: Iran Tire Market - Factors Influencing Purchase Decision (N=75)

    Figure 2: Iran Tire Market - Influencer of Purchase (N=75)

    Figure 3: Iran Tire Market - Aided Brand Recall (N=75)

    Figure 4: Iran Tire Market - Unaided Brand Recall (N=75)

    Figure 5: Iran Tire Market Brand Satisfaction Level (N=75)

    Figure 6: Iran Tire Market - Brand Satisfaction Level, By Lifetime (N=75)

    Figure 7: Iran Tire Market - Brand Satisfaction Level, By Traction (N=75)

    Figure 8: Iran Tire Market - Brand Satisfaction Level, By Vehicle Compatibility (N=75)

    Figure 9: Iran Tire Market - Brand Satisfaction Level, By Frequency of Breakdown (N=75)

    Figure 10: Iran Tire Market Size, By Value (USD Billion), By Volume (Million Unit), 2015-2025F

    Figure 11: Iran Tire Market Share, By Vehicle Type, By Volume, 2015-2025F

    Figure 12: Iran Tire Market Share, By Radial Vs Bias, By Volume, 2015-2025F

    Figure 13: Iran Tire Market Share, By Company, By Volume, 2019 & 2025F

    Figure 14: Iran Tire Market Share, By Region, By Volume, 2019 & 2025F

    Figure 15: Iran Tire Market Share, By Region, By Volume, 2019-2025F

    Figure 16: Iran Tire Market Supply Chain Model

    Figure 17: Iran Tire Market Attractiveness Index, By Vehicle Type, By Volume, 2019E-2025F

    Figure 18: Iran Passenger Car Tire Market Size, By Value (USD Billion), By Volume (Million Unit), 2015-2025F

    Figure 19: Iran Passenger Car Tire Market Share, By Vehicle Type, By Volume, 2015-2025F

    Figure 20: Iran Passenger Car Tire Market Share, By Radial Vs Bias, By Volume, 2015-2025F

    Figure 21: Iran Passenger Car Tire Market Share, By Company, By Volume, 2019 & 2025F

    Figure 22: Iran Passenger Car Tire Average Selling Price, By Y-o-Y Growth Rate, 2015-2025F

    Figure 23: Iran Passenger Car Tire Market Attractiveness Index, By Vehicle Type, By Volume, 2019E-2025F

    Figure 24: Iran Light Commercial Vehicle Tire Market Size, By Value (USD Billion), By Volume (Million Unit), 2015-2025F

    Figure 25: Iran Light Commercial Vehicle Tire Market Share, By Vehicle Type, By Volume, 2015-2025F

    Figure 26: Iran Light Commercial Vehicle Tire Market Share, By Radial Vs Bias, By Volume, 2015-2025F

    Figure 27: Iran Light Commercial Vehicle Tire Market Share, By Company, By Volume, 2019 & 2025F

    Figure 28: Iran Light Commercial Vehicle Tire Average Selling Price, By Y-o-Y Growth Rate, 2015-2025F

    Figure 29: Iran Light Commercial Vehicle Tire Market Attractiveness Index, By Vehicle Type, By Volume, 2019E-2025F

    Figure 30: Iran Medium & Heavy Commercial Vehicle Tire Market Size, By Value (USD Billion), By Volume (Million Unit), 2015-2025F

    Figure 31: Iran Medium & Heavy Commercial Vehicle Tire Market Share, By Vehicle Type, By Volume, 2015-2025F

    Figure 32: Iran Medium & Heavy Commercial Vehicle Tire Market Share, By Radial Vs Bias, By Volume, 2015-2025F

    Figure 33: Iran Medium & Heavy Commercial Vehicle Tire Market Share, By Company, By Volume, 2019 & 2025F

    Figure 34: Iran Medium & Heavy Commercial Vehicle Tire Average Selling Price, By Y-o-Y Growth Rate, 2015-2025F

    Figure 35: Iran Medium & Heavy Commercial Vehicle Tire Market Attractiveness Index, By Vehicle Type, By Volume, 2019E-2025F

    Figure 36: Iran Two-Wheeler Tire Market Size, By Value (USD Billion), By Volume (Million Unit), 2015-2025F

    Figure 37: Iran Two-Wheeler Tire Market Share, By Vehicle Type, By Volume, 2015-2025F

    Figure 38: Iran Two-Wheeler Tire Market Share, By Radial Vs Bias, By Volume, 2015-2025F

    Figure 39: Iran Two-Wheeler Tire Market Share, By Company, By Volume, 2019 & 2025F

    Figure 40: Iran Two-Wheeler Tire Average Selling Price, By Y-o-Y Growth Rate, 2015-2025F

    Figure 41: Iran Two-Wheeler Tire Market Attractiveness Index, By Vehicle Type, By Volume,

    2019E-2025F

    Figure 42: Iran Off-the-Road Tire Market Size, By Value (USD Billion), By Volume (Million Unit), 2015-2025F

    Figure 43: Iran Off-the-Road Tire Market Share, By Vehicle Type, By Volume, 2015-2025F

    Figure 44: Iran Off-the-Road Tire Market Share, By Radial Vs Bias, By Volume, 2015-2025F

    Figure 45: Iran Off-the-Road Tire Market Share, By Company, By Volume, 2019 & 2025F

    Figure 46: Iran OTR Tire Average Selling Price, By Y-o-Y Growth Rate, 2015-2025F

    Figure 47: Iran Off-the-Road Tire Market Attractiveness Index, By Vehicle Type, By Volume, 2019E-2025F

     

    List of Tables

     

    Table 1: Prominent Tire Size in Iran Passenger Car Tire Market, 2019

    Table 2: Prominent Tire Size in Iran Light Commercial Vehicle Tire Market, 2019

    Table 3: Prominent Tire Size in Iran Medium & Heavy Commercial Vehicle Tire Market, 2019

    Table 4: Prominent Tire Sizes in Iran Two-Wheeler Tire Market, 2019

    Table 5: Prominent Tire Sizes in Iran OTR Tire Market, 2019

    Table 6: Iran Tire Imports, By Vehicle Type, By Value, 2015-2019 (USD Million)

    Table 7: Iran Tire Exports, By Vehicle Type, By Value, 2015-2019 (USD Million)

    Table 8: Iran Import Duties on Tires (Effective Since 2010)

    Table 9: Equivalent Passenger Unit Ratio (EPUs), By Tire Type (Applicable to Tire Importers, Vehicle Manufacturers and Miners)

    Table 10: Equivalent Passenger Unit Ratio (EPUs), By Tire Type (Applicable to Recyclers)