DUBLIN, December 16, 2015 /PRNewswire/ --
Research and Markets (http://www.researchandmarkets.com/research/j567nx/uae_tyre_market) has announced the addition of the "UAE Tyre Market Forecast and Opportunities, 2020" report to their offering.
Passenger car & commercial vehicle sales in the UAE grew at a CAGR of more than 10% during 2010 - 2014, which is expected to result in strong growth in demand for passenger car & commercial vehicle replacement tyres over the next few years
Major cities in the UAE such as Dubai, Abu Dhabi and Sharjah are among the leading demand generators for tyres, and are anticipated to continue as the major contributors to the growth of the country's tyre market over the forecast period as well. Major tyre players operating in the UAE include Bridgestone, Michelin, Dunlop, Goodyear and Yokohama.
With a population of around 10 million in 2014, the UAE is among the major economic focal points in Gulf Cooperation Council (GCC) region. Due to significant industrial growth, the country's automotive industry has been flourishing at a swift pace over the last decade. The country's economy is highly dependent on the oil sector, and consequently, the government of the UAE has been increasing its focus on non-oil sectors over the last five years.
As a result, the country has been witnessing significant developments in real estate, logistics and infrastructure sectors, which have led to substantial growth in mining and construction industries, thereby boosting demand for construction vehicles, mining equipment and OTR vehicles in the country. These factors have had a positive impact on the country's tyre industry during 2010 - 2014.
UAE Tyre Market Forecast & Opportunities, 2020 elaborates on the following aspects of tyre market in the UAE:
- Increasing Online Tyre Sales
- Tyre Recycling Market
- Rising Automobile Sales
- Increasing Retreading of Tyres
- Increasing Re-export
Key Topics Covered:
1. Research Methodology
2. Analyst View
3. Product Overview
4. UAE Tyre Market Outlook
5. UAE Passenger Car Tyre Market Outlook
6. UAE Medium and Heavy Commercial Vehicle Tyre Market Outlook
7. UAE Light Commercial Vehicle Tyre Market Outlook
8. UAE Off-The-Road (OTR) Tyre Market Outlook
9. UAE Two-Wheeler Tyre Market Outlook
10. Import-Export Analysis
11. Market Dynamics
12. Market Trends & Developments
13. Policy & Regulatory Landscape
14. UAE Economic Profile
15. Competitive Landscape
16. Strategic Recommendations
- Bridgestone Middle East & Africa FZE
- Continental AG
- Goodyear Middle East FZE
- Hankook Tire Co. Ltd.
- Kumho Tyre Co. Inc.
- Michelin AIM FZE
- Pirelli Tyre (Suisse) SA
- Sumitomo Rubber Middle East FZE
- Toyo Tires & Rubber Co., Ltd.
- Yokohama Rubber Co., Ltd.
For more information visit http://www.researchandmarkets.com/research/j567nx/uae_tyre_market
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SOURCE Research and Markets