South East Asia Tire Market Landscape: Comprehensive Size and Growth Analysis for 2021-2026

MarkNtel Advisors analyses the growth rate of the South East Asia Tire market in the forecast period from 2021 to 2026. In addition to comprehensive market insights such as market value, growth rate, market segmentation, key market players, and market dynamic. This detailed analysis aims to provide valuable information for stakeholders in the South East Asia Tire market, helping them make informed decisions.

Market Outlook – 2021-2026:

The South East Asia Tire Market is projected to grow at a CAGR of around 8% during the forecast period, i.e., 2021-26. The growth of the market is likely to be driven primarily by the abundant availability of raw materials like natural rubber across South East Asia, i.e., generating lucrative growth opportunities for the leading tire manufacturers to establish their production facilities across different countries in the region and meet the increasing consumer requirements.

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Key Company Profiles

This report explores recent significant developments in the South East Asia Tire Market, focusing on the leading companies and their innovative profiles. The major players in the South East Asia Tire Market, featured in this report, include:

Hankook
Bridgestone
Goodyear
Michelin
Continental
Pirelli
Kumho
Apollo

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Market Segmentation & Coverage

This research report by MarkNtel Advisors categorizes the South East Asia Tire Market to forecast revenues and analyse trends across each of the following sub-markets:

By Vehicle Type
- Passenger Cars
  - SUV
  - Sedan
  - Hatchback & Bakkies
- Light Commercial Vehicles (LCV)
  - Light Trucks
  - Light Buses
  - Pickup trucks & Vans
- Medium & High Commercial Vehicles
  - Bus
  - Truck
- Two Wheelers
  - Moped
  - Scooters
  - Motorcycles
- Off the Road (OTR)
  - Earthmoving Equipment
  - Material Handling Equipment
  - Industrial & Mining Equipment

Amongst them all, Passenger Cars are anticipated to display the fastest growth in the South East Asia Tire Market during 2021-26.

By Demand Type
- OEM
- Replacement
By Type of Tire
- Radial
- Bias
By Season
- All Season
- Summer
By Rim Size
- Upto 12
- 1” to 15”
- 1.” to 18”
- 1” to 20”
- 1” to 22.5”
- 6” to 26”
- 1” to 35”
- 1” to 47”
- Above 47”
By Price Category
- Low
- Medium
- High
By Country
- Malaysia
- Indonesia
- Singapore
- Cambodia
- Vietnam
- Thailand
- Philippines
- Others

Key Driver: Government Efforts for Encouraging the Adoption of Electric Vehicles (EVs)

With the growing need to address the adverse effects of carbon emissions on the environment, the governments of different countries in South East Asia are encouraging the adoption of EVs. It, in turn, is generating growth opportunities for the leading players to develop & distribute tires for EVs and, in turn, drive the Tire Market across South East Asia during 2021-26.

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Key Questions Addressed:

Market Size and Growth Projections: What is the current size of the market, and how is it expected to grow?
Investment Opportunities: Which products, segments, and regions present the most attractive investment opportunities?
Technology Trends and Regulatory Influences: What are the prevailing technology trends and regulatory factors influencing the market?
Competitive Ranking: How do top vendors rank regarding market share and competitive positioning?
Revenue Sources and Strategic Opportunities: What revenue sources and strategic opportunities guide vendors' market entry or exit decisions?

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