Jan. 23, 2014 16:46 UTC

Research and Markets: Malaysia Tyre Market Forecast & Opportunities, 2018

DUBLIN--(BUSINESS WIRE)-- Research and Markets (http://www.researchandmarkets.com/research/t3qgpv/malaysia_tyre) has announced the addition of the "Malaysia Tyre Market Forecast & Opportunities, 2018" report to their offering.

With the growing automobile sales in Malaysia, the demand for tyres, in revenue terms, is set to increase at a CAGR of around 10% during 2013-18.

The rapid growth in economy, coupled with high purchasing power have made Malaysia the largest passenger car market within the ASEAN region. The country has one of the highest vehicles per capita around the world. Local automotive manufacturing companies such as Proton and Perodua, coupled with the global automotive companies such as Toyota, Volkswagen, Mercedes, Nissan, Volvo, Hyundai and Honda, etc., have established their production plants in Malaysia to cater to the domestic as well as global automobile demand. Increasing per capita income as well as government initiatives such as tax rebates on import and excise duties on the purchase of hybrid cars are driving the Malaysian automotive industry. The country also has a fleet of about 11 million each for passenger cars and two wheelers, creating a huge replacement tyre market. Growing automobile sales in the country have also improved the demand for tyres from the OEMs segment.

Malaysia has the membership of ASEAN and AFTA, which include various other major economies such as China, Japan, EU, Korea, India, etc., through which, the automotive products including tyres, manufactured in the country are easily sold in these international markets. Continental, Bridgestone, Goodyear and Michelin are the leading companies in the tyre industry of Malaysia. However, other companies such as Toyo, Pirelli, Yokohama, Apollo and Sumitomo are also giving strong competition to the established players in Malaysia.

Malaysia Tyre Market Forecast and Opportunities, 2018, discusses the following aspects:

  • Passenger Car Tyres
  • Two Wheeler Tyres
  • Commercial Vehicle Tyres
  • OTR Tyres

Companies Mentioned

  • Bridgestone Tyre Sales (Malaysia) Sdn Bhd
  • Continental Tyre Malaysia Sdn Bhd
  • Goodyear Rubber Industries Sdn Bhd
  • Michelin Malaysia Sdn Bhd
  • Pirelli Asia Pte Ltd - Malaysia
  • Sumirubber Malaysia Sdn Bhd
  • Toyo Tyre Manufacturing (Malaysia) Sdn Bhd
  • YHI (Malaysia) Sdn Bhd

Key Topics Covered:

1. Executive Summary

2. Malaysia Tyre Market Outlook

3. Malaysia Replacement Tyre Market Outlook

4. Malaysia Passenger Car Tyres Market Outlook

5. Malaysia Two Wheeler Tyres Market Outlook

6. Malaysia Commercial Vehicle Tyres Market Outlook

7. Malaysia OTR Tyres Market Outlook

8. Price Point Analysis

9. Raw Material Analysis

10. Tyre Trade Analysis

11. Market Dynamics

12. Policy & Regulatory Landscape

13. Market Trends & Developments

14. Malaysia Economic Profile

15. Competitive Landscape

16. Strategic Recommendations

17. Research Methodology

For more information visit http://www.researchandmarkets.com/research/t3qgpv/malaysia_tyre

Contacts

Research and Markets
Laura Wood, Senior Manager.
press@researchandmarkets.com
U.S. Fax: 646-607-1907
Fax (outside U.S.): +353-1-481-1716
Sector: Tyres


Source: Research and Markets