South East Asia tire market was valued at around $ 11 billion in 2018 and is projected to surpass $ 17 billion by 2024. Anticipated growth in the market is led by rising sales of two-wheelers and passenger cars as well as expanding overall vehicle fleet across all the major countries in the region. Moreover, rising disposable income is boosting demand for premium vehicles across various countries of South East Asian region, thereby further fuelling growth in the region’s tire market.

South East Asia tire market can be segmented based on vehicle type, demand category, rim size, tire type, radial vs bias and country. In terms of tire type, market can be bifurcated into non-run flat and run flat. Non-run type is the dominant segment in the market, however, demand for run-flat tires is also expected to grow in the coming years as they offer better performance and safety as compared to other tires. Further, various automakers are focusing on offering run-flat tires in OE fitments, which is anticipated to fuel their demand across South East Asia region through 2024. Among countries, Indonesia dominated South East Asia tire market with over 44% volume share in 2018.  The country is anticipated to maintain its dominance during forecast period as well on the back of expanding vehicle fleet in the country.

List of major players operating in the South East Asia tire market include PT Gajah Tunggal TBK, PT Suryaraya Rubberindo Industries, Bridgestone Corporation, Compagnie Generale des Establissements Michelin, Sumitomo Rubber Industries, Continental AG, The Goodyear Tire & Rubber Company, Deestone Corporation Limited, Toyo Tire & Rubber Co. Ltd, The Yokohama Rubber Co., Ltd., etc. Major companies are adopting strategies such as expansion in new locations, mergers & acquisitions and product developments. With rising focus of these leading players on sales and marketing activities, the tire industry in South East Asia is anticipated to witness intensifying competition over the next five years.

Years considered for this report:

Historical Years: 2014 - 2017

Base Year: 2018

Estimated Year: 2019

Forecast Period: 2020-2024

Objective of the Study:

  • To analyze and forecast the market size of South East Asia tire market.
  • To classify and forecast South East Asia tire market based on vehicle type, tire type, rim size, radial vs bias, demand category and country.
  • To identify drivers and challenges for South East Asia tire market.
  • To examine competitive developments such as Business growth opportunities, new product development, mergers & acquisitions, etc., in South East Asia tire market.
  • To conduct the pricing analysis for tire market across South East Asia region.
  • To identify and analyze the profiles of leading players in South East Asia tire market.


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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 ASEAN/South East Asia region. Subsequently, TechSci Research conducted primary research surveys, which include 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 ASEAN/South East Asia region.

TechSci Research calculated the market size for South East Asia tire by 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 OICA, The ASEAN Automotive Federation, Economic Intelligence Unit (EIU), company websites, company annual reports, white papers, investor presentations and financial reports were also studied by TechSci Research.


Key Target Audience:

  • Tire manufacturing companies
  • Raw material suppliers
  • Dealers/Distributors of tires
  • Governments and financial institutions
  • Associations, organizations, forums and alliances related to tire market
  • Market research and consulting firms

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

Report Scope:

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

  • Market, by Vehicle Type:
    • Passenger Car
    • Light Commercial Vehicle
    • Medium & Heavy Commercial Vehicle
    • Off the Road Vehicle
    • Two-Wheeler
    • Three- Wheeler
  • Market, by Radial Vs Bias
  • Market, by Tire Type:
    • Run-Flat
    • Non-Run-Flat 
  • Market, by Demand Category:
    • OEM
    • Replacement
  • Market, by Country:
    • Indonesia
    • Thailand
    • Vietnam
    • Malaysia
    • Philippines
    • Singapore
    • Cambodia
    • Rest of South East Asia

Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in South East Asia tire market

Available Customizations:

With the given market data, TechSci Research offers customizations according to 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.       Analyst View

4.       South East Asia Tire Production Overview

5.       South East Asia 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 (Passenger Car, Light Commercial Vehicle, Medium & Heavy Commercial Vehicle, Two-Wheeler, Three-Wheeler and OTR)

5.2.2.By Demand Category (OEM Vs Replacement)

5.2.3.By Radial vs. Bias

5.2.4.By Rim Size

5.2.5.By Tire Type

5.2.6.By Country

5.2.7.By Company

5.3.   Indonesia Tire Market Outlook

5.3.1.Market Size & Forecast

5.3.1.1.    By Value & Volume

5.3.2.Market Share & Forecast

5.3.2.1.    By Vehicle Type

5.3.2.2.    By Demand Category

5.3.2.3.    By Radial vs. Bias

5.3.2.4.    By Rim Size

5.3.2.5.    By Tire Type

5.4.   Thailand Tire Market Outlook

5.4.1.Market Size & Forecast

5.4.1.1.    By Value & Volume

5.4.2.Market Share & Forecast

5.4.2.1.    By Vehicle Type

5.4.2.2.    By Demand Category

5.4.2.3.    By Radial vs. Bias

5.4.2.4.    By Rim Size

5.4.2.5.    By Tire Type

5.5.   Vietnam Tire Market Outlook

5.5.1.Market Size & Forecast

5.5.1.1.    By Value & Volume

5.5.2.Market Share & Forecast

5.5.2.1.    By Vehicle Type

5.5.2.2.    By Demand Category

5.5.2.3.    By Radial vs. Bias

5.5.2.4.    By Rim Size

5.5.2.5.    By Tire Type

5.6.   Malaysia Tire Market Outlook

5.6.1.Market Size & Forecast

5.6.1.1.    By Value & Volume

5.6.2.Market Share & Forecast

5.6.2.1.    By Vehicle Type

5.6.2.2.    By Demand Category

5.6.2.3.    By Radial vs. Bias

5.6.2.4.    By Rim Size

5.6.2.5.    By Tire Type

5.7.   Philippines Tire Market Outlook

5.7.1.Market Size & Forecast

5.7.1.1.    By Value & Volume

5.7.2.Market Share & Forecast

5.7.2.1.    By Vehicle Type

5.7.2.2.    By Demand Category

5.7.2.3.    By Radial vs. Bias

5.7.2.4.    By Rim Size

5.7.2.5.    By Tire Type

5.8.   Singapore Tire Market Outlook

5.8.1.Market Size & Forecast

5.8.1.1.    By Value & Volume

5.8.2.Market Share & Forecast

5.8.2.1.    By Vehicle Type

5.8.2.2.    By Demand Category

5.8.2.3.    By Radial vs. Bias

5.8.2.4.    By Rim Size

5.8.2.5.    By Tire Type

5.9.   Cambodia Tire Market Outlook

5.9.1.Market Size & Forecast

5.9.1.1.    By Value & Volume

5.9.2.Market Share & Forecast

5.9.2.1.    By Vehicle Type

5.9.2.2.    By Demand Category

5.9.2.3.    By Radial vs. Bias

5.9.2.4.    By Rim Size

5.9.2.5.    By Tire Type

6.       Market Dynamics

6.1.    Drivers

6.2.    Challenges

7.       Market Trends & Developments

8.       Competitive Landscape

8.1.    PT Gajah Tunggal TBK

8.2.    PT Suryaraya Rubberindo Industries

8.3.    Bridgestone Corporation

8.4.    Compagnie Generale des Establissements Michelin

8.5.    Sumitomo Rubber Industries

8.6.    Continental AG

8.7.    The Goodyear Tire & Rubber Company

8.8.    Deestone Corporation Limited

8.9.    Toyo Tire & Rubber Co. Ltd

8.10.  The Yokohama Rubber Co., Ltd.

9.       Strategic Recommendations

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: South East Asia Tire Market Size, By Value (USD Billion), By Volume (Million Units), 2014-2024F

    Figure 2: ASEAN GDP Share, By Economic Sectors (%), 2005-2017

    Figure 3: ASEAN Import and Export of Goods, By Value (USD), 2010 & 2017

    Figure 4: South East Asia Tire Market Share, By Vehicle Type, By Volume, 2014-2024F

    Figure 5: ASEAN Infrastructure Position and Spending, By Country, 2017

    Figure 6: South East Asia Tire Market Share, By Demand Category, By Volume, 2014-2024F

    Figure 7: Average Disposable Income of Middle Income Population in ASEAN (USD per capita), 2016

    Figure 8: South East Asia Tire Market Share, By Radial Vs. Bias, By Volume, 2014-2024F

    Figure 9: ASEAN Transport Infrastructure Spending (Road, Rail, Sea and Airports)(USD Billion), 2015, 2020 & 2025

    Figure 10: South East Asia Tire Market Share, By Rim Size, By Volume, 2014-2024F

    Figure 11: ASEAN Member States Exports of Goods, By Destination, 2017(%)

    Figure 12: South East Asia Tire Market Share, By Tire Type, By Volume, 2018-2024F

    Figure 13: ASEAN Road and Bridge Projects, By Country, 2017

    Figure 14: South East Asia Tire Market Share, By Country, By Volume, 2018 & 2024F

    Figure 15: South East Asia Tire Market Share, By Company, By Volume, 2018

    Figure 16: Indonesia Tire Market Size, By Value (USD Billion), By Volume (Million Units), 2014-2024F

    Figure 17: Indonesia Tire Market Share, By Vehicle Type, By Volume, 2014-2024F

    Figure 18: Indonesia Two-wheeler Production (Million Units), 2014-2018

    Figure 19: Indonesia Tire Market Share, By Demand Category, By Volume, 2014-2024F

    Figure 20: Indonesia Tire Market Share, By Radial Vs. Bias, By Volume, 2014-2024F

    Figure 21: Indonesia Passenger Car Production (Thousand Units), 2014-2018

    Figure 22: Indonesia Tire Market Share, By Rim Size, By Volume, 2014-2024F

    Figure 23: Indonesia Automotive Tire Exports (Million Units), 2015-2018

    Figure 24: Indonesia Tire Market Share, By Tire Type, By Volume, 2018-2024F

    Figure 25: Thailand Tire Market Size, By Value (USD Billion), By Volume (Million Units), 2014-2024F

    Figure 26: Thailand Production, Sales and Exports of Automobiles, By Volume (Million Units), 2014-2017

    Figure 27: Thailand Tire Market Share, By Vehicle Type, By Volume, 2014-2024F

    Figure 28: Thailand Automotive Tire Exports, By Volume (Million), 2014, 2016 & 2018

    Figure 29: Thailand Tire Market Share, By Demand Category, By Volume, 2014-2024F

    Figure 30: Thailand Tire Market Share, By Radial Vs. Bias, By Volume, 2014-2024F

    Figure 31: Thailand Two-Wheeler Production (Million Units), 2014-2018

    Figure 32: Thailand Tire Market Share, By Rim Size, By Volume, 2014-2024F

    Figure 33: Thailand Tire Market Share, By Tire Type, By Volume, 2018-2024F

    Figure 34: Thailand Passenger Car Production (Thousand Units), 2014-2018

    Figure 35: Vietnam Tire Market Size, By Value (USD Billion), By Volume (Million Units), 2014-2024F

    Figure 36: Vietnam Tire Market Share, By Vehicle Type, By Volume, 2014-2024F

    Figure 37: Vietnam Tire Market Share, By Demand Category, By Volume, 2014-2024F

    Figure 38: Vietnam Automotive Fleet Size (Million Units), 2014-2018

    Figure 39: Vietnam Tire Market Share, By Radial Vs. Bias, By Volume, 2014-2024F

    Figure 40: Vietnam Tire Market Share, By Rim Size, By Volume, 2014-2024F

    Figure 41: Vietnam Tire Market Share, By Tire Type, By Volume, 2018-2024F

    Figure 42: Vietnam Two-Wheeler Production (Million Units), 2014-2018

    Figure 43: Malaysia Tire Market Size, By Value (USD Billion), By Volume (Million Units), 2014-2024F

    Figure 44: Malaysia’s Rubber Consumption, By Product Sector (Tonnes),2017 & 2018

    Figure 45: Malaysia Tire Market Share, By Vehicle Type, By Volume, 2014-2024F

    Figure 46: Malaysia Automotive Tires Exports, By Volume (Million), 2015-2018

    Figure 47: Malaysia Tire Market Share, By Demand Category, By Volume, 2014-2024F

    Figure 48: Malaysia Tire Market Share, By Radial Vs. Bias, By Volume, 2014-2024F

    Figure 49: Malaysia Passenger Car Production (Thousand Units), 2014-2018

    Figure 50: Malaysia Tire Market Share, By Rim Size, By Volume, 2014-2024F

    Figure 51: Malaysia Pneumatic Tire Production (Million Units), 2014-2018

    Figure 52: Malaysia Tire Market Share, By Tire Type, By Volume, 2018-2024F

    Figure 53: Malaysia Two-Wheeler Production (Million Units), 2014-2018

    Figure 54: Philippines Tire Market Size, By Value (USD Billion), By Volume (Million Units), 2014-2024F

    Figure 55: Philippines Automotive Tire Exports, By Volume (Million), 2017 & 2018

    Figure 56: Philippines Tire Market Share, By Vehicle Type, By Volume, 2014-2024F

    Figure 57: Philippines Tire Market Share, By Demand Category, By Volume, 2014-2024F

    Figure 58: Philippines Passenger Car Fleet size, By Volume (Thousand Units), 2014-2018

    Figure 59: Philippines Tire Market Share, By Radial Vs. Bias, By Volume, 2014-2024F

    Figure 60: Philippines Passenger Car Production (Thousand Units), 2014-2018

    Figure 61: Philippines Tire Market Share, By Rim Size, By Volume, 2014-2024F

    Figure 62: Philippines Automotive Fleet size, By Volume (Million Units), 2014-2018

    Figure 63: Philippines Tire Market Share, By Tire Type, By Volume, 2018-2024F

    Figure 64: Philippines Two-Wheeler Production (Million Units), 2014-2018

    Figure 65: Singapore Tire Market Size, By Value (USD Billion), By Volume (Million Units), 2014-2024F

    Figure 66: Singapore Automotive Tire Exports, By Volume (Million Units), 2016-2018

    Figure 67: Singapore Tire Market Share, By Vehicle Type, By Volume, 2014-2024F

    Figure 68: Singapore Tire Market Share, By Demand Category, By Volume, 2014-2024F

    Figure 69: International Tourist Arrival in Singapore (Million) 2014-2017

    Figure 70: Singapore Tire Market Share, By Radial Vs. Bias, By Volume, 2014-2024F

    Figure 71: Singapore Passenger Car Fleet (Thousand Units), 2014-2018

    Figure 72: Singapore Tire Market Share, By Rim Size, By Volume, 2014-2024F

    Figure 73: Singapore Rubber Goods Import and Export Statistics, By Value (USD Billion), 2014-2017

    Figure 74: Singapore Tire Market Share, By Tire Type, By Volume, 2018-2024F

    Figure 75: Singapore Two-Wheeler Fleet (Thousand Units), 2014-2018

    Figure 76: Cambodia Tire Market Size, By Value (USD Billion), By Volume (Million Units), 2014-2024F

    Figure 77: Cambodia Tire Market Share, By Vehicle Type, By Volume, 2014-2024F

    Figure 78: Cambodia Tire Market Share, By Demand Category, By Volume, 2014-2024F

    Figure 79: Cambodia Tire Market Share, By Radial Vs. Bias, By Volume, 2014-2024F

    Figure 80: Cambodia Two-Wheeler fleet (Thousand Units), 2014-2018

    Figure 81: Cambodia Tire Market Share, By Rim Size, By Volume, 2014-2024F

    Figure 82: Cambodia Total Road Length (Kilometer), 2014-2017

    Figure 83: Cambodia Tire Market Share, By Tire Type, By Volume, 2014-2024F

    Figure 84: Cambodia Passenger Car Fleet (Thousand Units), 2014-2018

    Figure 85: Automotive fleet size, By Country, By Volume (Million Units), 2018

    Figure 86: China Automotive Tires Exports, By Destination Country, By Volume (Million Units), 2017

    Figure 87: South East Asia Two Wheeler Sales, By Country, By Volume (Thousand Units), 2017 vs 2018

    Figure 88: Global Natural Rubber Exports, By Country, By Value (USD Billion), 2018

     

    List of Tables

     

    Table 1: APAC Tire Production, By Region, By Country, By Company & Plant Location, 2018

    Table 2: Road Transport Public Private Partnership Projects in ASEAN, By Country, 2017

    Table 3: Number of Automotive Supplier Plants by Province in Vietnam in 2016

    Table 4: Vietnam Y-o-Y Growth of Automobile Sales, By Category, By Volume

    Table 5: Number of Automotive Firms in Vietnam by Country of Origin