Increasing vehicle motorization rate along with growing focus on diversification of the country’s economy into non-oil sectors such as construction, tourism, logistics, etc., is forecast to drive growth in Oman’s tire market over the next five years. Due to absence of automobile OEMs and tire manufacturing plants in the country, Oman is dependent on tire imports to address the domestic demand for tires. In 2014, passenger car accounted for around two-thirds of the total automobile sales and over three-fourths of the total vehicle fleet in Oman. As of 2015, the number of new registration were around 167,600 in Oman, out of which around 121,100 were passenger cars. As a result, passenger car tire sales accounted for majority of the tire sales in the country. Passenger car tire segment is forecasted to dominate tire sales during 2016-2021 as well, due to increasing urbanization and rising disposable income levels.

According to “Oman Tire Market Forecast & Opportunities, 2021’’, growing construction activities, expanding vehicle fleet and growing automobile sales are the prominent factors expected to drive the tire market in Oman during forecast period. The government’s five years plan for 2011-2015 attracted investments worth USD70 billion for infrastructure projects, and this in turn, drove demand for commercial vehicle and OTR tires in the country. Due to absence of automobile manufacturing in Oman, the tire market is dependent on the replacement demand, which is being addressed by flagship as well as Chinese tire brands imported into the country. Though Oman tire market is dominated by leading global tire brands, the market share of international brands in the country is projected to decline during the forecast period due to increasing penetration of Chinese tire brands. Few of the prominent tire brands operating in Oman include Bridgestone, Goodyear, Yokohama, Michelin, and Pirelli. “Oman Tire Market Forecast & Opportunities, 2021” report elaborates following aspects of tire market in Oman:

  • Oman Tire Market Size, Share & Forecast
  • Segmental Analysis – Passenger Car Tires, Light Commercial Vehicle Tires, Medium & Heavy Commercial Tires & OTR 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 Oman
  • To identify the on-going trends and segment wise anticipated growth in the coming years
  • To help industry consultants, tire companies and other stakeholders to align their market-centric strategies
  • To obtain research based business decision 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.

1.       Research Methodology

2.       Product Overview

3.       Analyst View

4.       Oman Tire 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 Car (PC), LCV, M&HCV and OTR)

4.2.2.By Company

4.2.3.By Region

5.       Oman Passenger Car (PC) Tire Market Outlook

5.1.    Market Size & Forecast

5.1.1.By Value & Volume

5.2.    Market Share & Forecast

5.2.1.By Vehicle Type (Sedan/Hatchback and SUV/4x4)

6.       Oman Light Commercial Vehicle (LCV) Tire Market Outlook

6.1.    Market Size & Forecast

6.1.1.By Value & Volume

7.       Oman Medium & Heavy Commercial Vehicle (M&HCV) Tire Market Outlook

7.1.    Market Size & Forecast

7.1.1.By Value & Volume

8.       Oman Off-The Road (OTR) Tire Market Outlook

8.1.    Market Size & Forecast

8.1.1.By Value & Volume

9.       Import-Export Analysis

10.   Market Dynamics

10.1.  Drivers

10.2.  Challenges

11.   Market Trends & Developments

11.1.  Increasing Acceptance of Chinese Tires

11.2.  Evolution of Re-treaded Tire Market

11.3.  Increasing demand for Passenger Car Tires

11.4.  Run Flat Tires

11.5.  Nitrogen Filled Tires

12.   Policy and Regulatory Landscape

13.   Oman Economic Profile

14.   Competitive Landscape

14.1.  Bridgestone Corporation

14.2.  Sumitomo Rubber Industries Limited

14.3.  COMPAGNIE GÉNÉRALE DES ÉTABLISSEMENTS MICHELIN

14.4.  YOKOHAMA RUBBER CO., LTD.

14.5.  Pirelli & C. Spa

14.6.  Hankook Tire Co Ltd

14.7.  Toyo Tire & Rubber Co., Ltd.

14.8.  Continental AG

14.9.  Apollo Tyres Ltd.

14.10.   Goodyear Tire & Rubber Co.

15.   Strategic Recommendations

  • List of Figures

    Figure 1: Oman Tire Market Size, By Value (USD Million), By Volume (Thousand Units), 2011-2021F

    Figure 2: Oman Tire Market Share, By Vehicle Type, By Volume, 2015-2021F

    Figure 3: Oman Tire Market Share, By Company, By Volume, 2015-2021F

    Figure 4: Oman Tire Market Share, By Region, By Volume, 2015 & 2021F

    Figure 5: Oman Tire Market Share, By Region, By Volume, 2015-2021F

    Figure 6: Oman Passenger Car Tire Market Size, By Value (USD Million), By Volume (Thousand Units), 2011-2021F

    Figure 7: Oman Passenger Car Tire Market Share, By Vehicle Type, By Volume, 2015-2021F

    Figure 8: Oman Light Commercial Vehicle (LCV) Tire Market Size, By Value (USD Million), By Volume (Thousand Units), 2011-2021F

    Figure 9: Oman Medium & Heavy Commercial Vehicle (M&HCV) Tire Market Size, By Value (USD Million), By Volume (Thousand Units), 2011-2021F

    Figure 10: Oman Off-The Road Vehicle (OTR) Tire Market Size, By Value (USD Million), By Volume (Thousand Units), 2011-2021F

    Figure 11: Oman Passenger Car Tire Imports, By Value, 2010-2014 (USD Million)

    Figure 12: Oman Commercial Vehicle Tire Imports, By Value, 2010-2014 (USD Million)

    Figure 13: Oman Off-The-Road Tire Imports, By Value, 2010-2014 (USD Million)

    Figure 14: Oman Passenger Car Tire Exports, By Value, 2010-2013 (USD Million)

    Figure 15: Oman Tire Imports Share, By Vehicle Type, By Value, 2014

    Figure 16: Oman Commercial Vehicle Tire Exports, By Value, 2010-2013 (USD Million)

    Figure 17: Oman Off-The-Road Tire Exports, By Value, 2010-2013 (USD Million)

    Figure 18: Oman Tire Exports Share, By Vehicle Type, By Value, 2013

    Figure 19: Oman Tire Market Share, Chinese Tire Vs Flagship Brands, By Volume, 2015

    Figure 20: Oman Tire Market Share, Chinese Tire Vs Flagship Brands, By Volume, 2021

    Figure 21: Oman Passenger Car Sales, 2011-2015 (Absolute Units)


    List of Tables

    Table 1: Oman All Vehicle Sales, 2011-2015 (Absolute Units)

    Table 2: Oman Passenger Car Fleet, 2010-2014 (Thousand Unit)

    Table 3: Oman Passenger Car Tire Market Size, By Vehicle Type, By Volume, 2015-2021F (Thousand Unit)

    Table 4: Oman Import Duty 2015 (For Tires Only)