About Passenger Car Tires
Thailand is one of the leading rubber producing countries in the world. Its rubber processing industries are flourishing, especially those that manufacture tires and gloves. In 2011, Thailand Thailand had 74 passenger cars per 1,000 people, indicating enormous potential for passenger car sales. Thus, Thailand is one of the most significant markets for tire manufacturers.
The country's GNI per capita (PPP) increased by 45.05%, from $9,230 in 2005 to $13,430 in 2013. This continuous rise fueled passenger car sales. Furthermore, the country had about 5.41 million passenger cars in use the same year. This translated into growth of associated markets such as the tire market.
The market comprises prominent tire manufacturers, such as Michelin, Pirelli, Bridgestone, Toyo Tire, Yokohama, Goodyear, and Continental Tires; and also established automobile manufacturers, such as Ford, Mazda, General Motors, Honda, Mercedes-Benz, Toyota, and Nissan. While the tire market in general witnessed growth, it was affected by the drastic fall in automobile production and sales during 2014. The primary reasons for the decline included political instability, slow economic growth, and removal of Thai Prime Minister Yingluck Shinawatra. Though passenger car sales are expected to experience a decline in 2015 as well, experts believe that the passenger car market in Thailand is expected to become stable by the end of 2015.
Technavio's analysts forecast the passenger car tire market in Thailand to grow at a CAGR of 4.03% over the period 2014-2019.
Covered in this Report
This report covers the present scenario and the growth prospects of the passenger car tire market in Thailand for 2015–2019. It also covers forecasts and analyses of the market in terms of volume. The market includes the following segments:
• OEM segment
• Replacement segment
The report also presents the vendor landscape and a corresponding detailed analysis of the prominent vendors in the passenger car tire market in Thailand. In addition, the report includes the major drivers that are influencing the growth of the passenger car tire market in Thailand. It also outlines the challenges faced by the vendors and the market at large, as well as the key trends emerging in the market.
Technavio's report, Passenger Car Tire Market in Thailand 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. It covers the landscape of the passenger car tire market in Thailand and its growth prospects in the coming years. The report also includes a discussion on the key vendors operating in this market.
Prominent Vendors
• Apollo Tyres
• Continental
• Cooper Tire & Rubber
• Deestone
• Falken Tire
• Goodyear (Thailand)
• Kumho Tire
• Maxxis International
• Michelin Siam
• Nokian Tyres
• Pirelli
• PT Gajah Tunggal (GT Radial)
• Sumitomo Rubber (Thailand)
• Thai Bridgestone
• Toyo Tire & Rubber
• Vee Rubber International
• Yokohama Rubber
Market Driver
• Abundance of Natural Rubber
• For a full, detailed list, view our report
Market Challenge
• Political Unrest Impacting Vendor Confidence
• For a full, detailed list, view our report.
Market Trend
• Increase in Online Tire Purchases
• For a full, detailed list, view our report
Key Questions Answered in this Report
• What will the market size be in 2019 and what will the growth rate be?
• What are the key market trends?
• What is driving this market?
• What are the challenges to market growth?
• Who are the key vendors in this market space?
• What are the market opportunities and threats faced by the key vendors?
• What are the strengths and weaknesses of the key vendors?
01. Executive Summary
02. List of Abbreviations
03. Scope of the Report
03.1 Market Overview
04. Market Research Methodology
04.1 Market Research Process
04.2 Research Methodology
05. Introduction
05.1 Overview of Tire Market
05.2 Key Tire Manufacturers Segmentation by Geography
05.3 Raw Materials Price breakdown
05.4 Tire Industry Supply Chain
05.4.1 Suppliers
05.4.2 Tire Manufacturers
05.4.3 OEMs
05.4.4 Replacement Tire Market
05.5 Tires: Distribution Channels
05.6 Life Cycle of Tires
05.7 Factors Affecting Tire Prices
06. Market Landscape
06.1 Passenger Car Market in Thailand
06.1.1 Market size
06.2 Passenger Car Tire Market in Thailand 2014-2019
06.2.1 Market Size and Forecast
07. Market Segmentation by Customer
07.1 OEMs Passenger Car Tire Market in Thailand
07.1.1 Market Size and Forecast
07.2 Replacement Passenger Car Tires Market in Thailand 2014-2019
07.2.1 Market Size and Forecast
07.3 Five Forces Analysis
08. Buying Criteria
09. Market Growth Drivers
10. Drivers and their Impact
11. Market Challenges
12. Impact of Drivers and Challenges
13. Market Trends
14. Trends and their Impact
15. Vendor Landscape
15.1 Competitive scenario
15.2 Key News
16. Key Vendor Analysis
16.1 Apollo Tyres
16.1.1 Key Facts
16.1.2 Business Overview
16.1.3 Product Segmentation by Revenue 2013
16.1.4 Geographical Segmentation by Revenue 2013
16.1.5 Business Strategy
16.1.6 Recent Developments
16.1.7 SWOT Analysis
16.2 Continental
16.2.1 Key Facts
16.2.2 Business Overview
16.2.3 Business Segmentation by Revenue 2013
16.2.4 Business Segmentation by Revenue 2012 and 2013
16.2.5 Geographical Segmentation 2013
16.2.6 Business Strategy
16.2.7 Recent Developments
16.2.8 SWOT Analysis
16.3 Cooper Tire & Rubber
16.3.1 Key Facts
16.3.2 Business Overview
16.3.3 Business Segmentation by Revenue 2013
16.3.4 Business Segmentation by Revenue 2012 and 2013
16.3.5 Geographical Segmentation by Revenue 2013
16.3.6 Business Strategy
16.3.7 Recent Developments
16.3.8 SWOT Analysis
16.4 Deestone
16.4.1 Key Facts
16.4.2 Business Overview
16.4.3 SWOT Analysis
16.5 Goodyear Thailand
16.5.1 Key Facts
16.5.2 Business Overview
16.5.3 SWOT Analysis
16.6 Kumho Tire
16.6.1 Key Facts
16.6.2 Business Overview
16.6.3 Product Segmentation
16.6.4 Business Segmentation by Revenue 2013
16.6.5 Business Segmentation by Revenue 2012 and 2013
16.6.6 Geographical Segmentation by Revenue 2013
16.6.7 Business Strategy
16.6.8 Recent Developments
16.6.9 SWOT Analysis
16.7 Maxxis International
16.7.1 Key Facts
16.7.2 Business Overview
16.7.3 Product Segmentation
16.7.4 Geographical Segmentation
16.7.5 Recent Developments
16.7.6 SWOT Analysis
16.8 Michelin Siam Group
16.8.1 Key Facts
16.8.2 Business Overview
16.8.3 SWOT Analysis
16.9 Nokian Tyres
16.9.1 Key Facts
16.9.2 Business Overview
16.9.3 Business Segmentation by Revenue 2013
16.9.4 Business Segmentation by Revenue 2012 and 2013
16.9.5 Geographical Segmentation by Revenue 2013
16.9.6 Business Strategy
16.9.7 Recent Developments
16.9.8 SWOT Analysis
16.10 Pirelli
16.10.1 Key Facts
16.10.2 Business Overview
16.10.3 Business Segmentation by Revenue 2013
16.10.4 Business Segmentation by Revenue 2012 and 2013
16.10.5 Geographical Segmentation by Revenue 2013
16.10.6 Sales Segmentation by End-markets 2013
16.10.7 Business Strategy
16.10.8 Recent Developments
16.10.9 SWOT Analysis
16.11 GT Radial (PT Gajah Tunggal Tbk.)
16.11.1 Key facts
16.11.2 Business overview
16.11.3 Product segmentation
16.11.4 Recent developments
16.11.5 SWOT analysis
16.12 Sumitomo Corporation Thailand
16.12.1 Key Facts
16.12.2 Business Overview
16.12.3 SWOT Analysis
16.13 Thai Bridgestone
16.13.1 Key Facts
16.13.2 Business Overview
16.13.3 Product Category
16.13.4 Recent Developments
16.13.5 SWOT Analysis
16.14 Toyo Tire & Rubber
16.14.1 Key Facts
16.14.2 Business Overview
16.14.3 Business Segmentation by Revenue 2014
16.14.4 Geographical Segmentation by Revenue 2014
16.14.5 Business Strategy
16.14.6 Recent Developments
16.14.7 SWOT Analysis
16.15 Vee Rubber
16.15.1 Key Facts
16.15.2 Business Overview
16.15.3 Product Segmentation
16.15.4 SWOT Analysis
16.16 Yokohama Rubber
16.16.1 Key Facts
16.16.2 Business Overview
16.16.3 Business segmentation by revenue 2014
16.16.4 Business Segmentation by Revenue 2013 and 2014
16.16.5 Geographical Segmentation by Revenue 2014
16.16.6 Business Strategy
16.16.7 Recent Developments
16.16.8 SWOT Analysis
17. Other Reports in this Series
List of Exhibits
Exhibit 1: Market Research Methodology
Exhibit 2: Tire Manufacturing Process
Exhibit 3: Key Tire Manufacturers Segmentation by Geography
Exhibit 4: Raw Materials Price Breakdown
Exhibit 5: Passenger Car Production in Thailand 2009-2014 (thousands of units)
Exhibit 6: Passenger Car Sales in Thailand 2009-2014 (thousands of units)
Exhibit 7: Statistics of Thailand
Exhibit 8: Passenger Car Tire Market in Thailand 2014-2019 (millions of units)
Exhibit 9: Passenger Car Tire Market in Thailand by Customer 2014-2019 (by volume)
Exhibit 10: OEMs Passenger Car Tire Market in Thailand (millions of units)
Exhibit 11: Replacement Passenger Car Tires Market in Thailand (millions of units)
Exhibit 12: Key Drivers of the Passenger Car Tire Market in Thailand
Exhibit 13: Natural Rubber Production in Thailand 2005-2014 (thousands of tons)
Exhibit 14: On-road Passenger Cars in Thailand 2009-2013 (thousands of units)
Exhibit 15: Key Challenges of the Passenger Car Tire Market in Thailand
Exhibit 16: Key Trends of the Passenger Car Tire Market in Thailand
Exhibit 17: Key Vendors in Passenger Car Tire Market in Thailand (2014)
Exhibit 18: Apollo Tyres: Product Segmentation by Revenue 2013
Exhibit 19: Apollo Tyres: Geographical Segmentation by Revenue 2013
Exhibit 20: Continental: Business Segmentation by Revenue 2013
Exhibit 21: Continental: Business Segmentation by Revenue 2012 and 2013 (US$ billion)
Exhibit 22: Continental: Geographical Segmentation 2013
Exhibit 23: Cooper Tire & Rubber: Business Segmentation by Revenue 2013
Exhibit 24: Cooper Tire & Rubber: Business Segmentation by Revenue 2012 and 2013 (US$ million)
Exhibit 25: Cooper Tire & Rubber: Geographical Segmentation by Revenue 2013
Exhibit 26: Kumho Tire : Product Segmentation
Exhibit 27: Kumho Tire : Business Segmentation by Revenue 2013
Exhibit 28: Kumho Tire : Business Segmentation by Revenue 2012 and 2013 (US$ million)
Exhibit 29: Kumho Tire : Geographical Segmentation by Revenue 2013
Exhibit 30: Maxxis International: Product Segmentation
Exhibit 31: Maxxis International: Geographical Segmentation
Exhibit 32: Nokian Tyres: Business Segmentation by Revenue 2013
Exhibit 33: Nokian Tyres: Business Segmentation by Revenue 2012 and 2013 (US$ million)
Exhibit 34: Nokian Tyres: Geographical Segmentation by Revenue 2013
Exhibit 35: Pirelli: Business Segmentation by Revenue 2013
Exhibit 36: Pirelli: Business Segmentation by Revenue 2012 and 2013 (US$ million)
Exhibit 37: Pirelli: Geographical Segmentation by Revenue 2013
Exhibit 38: Pirelli: Sales Segmentation by End-markets 2013
Exhibit 39: GT Radial: product segmentation
Exhibit 40: Thai Bridgestone: Product Category
Exhibit 41: Toyo Tire & Rubber: Business Segmentation by Revenue 2014
Exhibit 42: Toyo Tire & Rubber: Geographical Segmentation by Revenue 2014
Exhibit 43: Vee Rubber: Product Segmentation
Exhibit 44: Yokohama Rubber: Business Segmentation by Revenue 2014
Exhibit 45: Yokohama Rubber: Business Segmentation by Revenue 2013 and 2014 ($ billion)
Exhibit 46: Yokohama Rubber: Geographical Segmentation by Revenue 2014
