India Tire Market Forecast & Opportunities, 2021 Published by TechSci Research

May 19, 2016, 10:30 ET from TechSci Research

NEW YORK, May 19, 2016 /PRNewswire/ --

Growing Automobile Sales, Increasing Per Capita Income Levels and Expanding Automobile Fleet to Boost Tire Sales in India Until 2021 

With more than 60 tire manufacturing plants spread across the country in 2015, India ranks among one of the largest tire markets in the world. Growing automobile sales coupled with expanding automobile fleet are the major factors boosting demand for tires in the country. Moreover, with favorable inflationary scenario, expanding middle class population and increasing national disposable income, tire sales across all the automobile segments are expected to grow in the coming years. Presence of major automotive OEMs such as Ford, Hyundai, Honda, Mahindra, Maruti Suzuki, TATA, BMW, etc. has been hugely contributing to the sales of tires in India. MRF, CEAT, Birla Tyres, TVS Srichakra, Apollo Tyres and JK Tyre are few of the major regional tire manufacturers, while the major international tire brands operating in the country includes Goodyear, Bridgestone, Michelin, Continental, Yokohama, and Hankook.

     (Logo: )

Browse 85 market data Tables and 102 Figures spread through 270 Pages and an in-depth TOC on "India Tire Market "

According to the TechSci Research report, "India Tire Market Forecast & Opportunities, 2021 ", the country's tire market is forecast to witness a CAGR of over 9% during 2016-2021. Though the replacement tire demand had a majority share in 2015, the OEM tire demand is expected to outpace replacement tire demand during 2016-2021.

MRF, CEAT, JK, Apollo and Goodyear have emerged as the most popular tire brands in the country however, Bridgestone, Michelin and Goodyear reported highest customer satisfaction according to the vehicle owners survey conducted by TechSci Research.

Two-wheeler tire segment, which accounted for a volume share of over 50% in the country's tire market in 2015, is also expected to maintain its position as the largest tire segment over the next five years. "India Tire Market Forecast & Opportunities, 2021 " report elaborates following aspects of tire market in India:

• India Tire Market Size, Share & Forecast

• Segmental Analysis - Passenger Car Tires, Light Commercial Tires, Medium and Heavy Commercial Vehicle Tires, Off-The-Road (OTR) Tires, Two-Wheeler Tires & Three-Wheeler Tires.

• Voice of Customer - Brand Recall, Brand Satisfaction, Brand Switching Behavior, Factors responsible for purchase decision.

• Policy & Regulatory Landscape

• Changing Market Trends and Emerging Opportunities

• Competitive Landscape and Strategic Recommendations

Download Free Sample Report @

Customers can also request for 10% free customization on this report.

Why You Should Buy This Report? 

• To gain an in-depth understanding of tire market in India

• To identify the on-going trends and segment wise anticipated growth in the coming years

• To help industry consultants, tire companies and other stakeholders to align their market-centric strategies

• To obtain research based business decision and add weight to presentations and marketing material

• To gain competitive knowledge of leading players

• To avail 10% customization in the report without any extra charges and get the research data or trends added in the report as per the buyer's specific needs

Table of Contents of the report 

1. Product Overview

2. Research Methodology

3. Analyst View

4. India Tire Production Overview

5. India 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 (M&HCV, PC, 2W, OTR, LCV & 3W)

  5.2.2. By Company

  5.2.3. By Region

  5.2.4. By Demand Category (OEM Vs. Replacement)

  5.2.5. By Radial Vs. Bias

 5.3. Market Attractive Index (By Vehicle Type)

 5.4. Voice of Customers

  5.4.1. Unaided Brand Recall Brand Satisfaction Level Brand Switching Behavior Factors Influencing Purchase Decision

6. India Medium & Heavy Commercial Vehicle (M&HCV) Tire Market Outlook 

 6.1. Market Size & Forecast

  6.1.1. By Value & Volume

 6.2. Market Share & Forecast

  6.2.1. By Vehicle Type

  6.2.2. By Demand Category (OEM Vs. Replacement)

  6.2.3. By Company

  6.2.4. By Radial Vs. Bias

 6.3. Popular Sizes/Price Analysis

 6.4. Prominent List of OE Supplier

 6.5. Market Attractive Index (By Type)

 6.6. Supply Chain Analysis

 6.7. Voice of Customers

  6.7.1. Unaided Brand Recall

  6.7.2. Brand Satisfaction Level

  6.7.3. Brand Switching Behavior

  6.7.4. Factors Influencing Purchase Decision

7. India Passenger Car Tire Market Outlook 

 7.1. Market Size & Forecast

  7.1.1. By Value & Volume

 7.2. Market Share & Forecast

  7.2.1. By Vehicle Type

  7.2.2. By Demand Category (OEM Vs. Replacement)

  7.2.3. By Company

  7.2.4. By Radial Vs. Bias

 7.3. Popular Sizes/Price Analysis

 7.4. Prominent List of OE Supplier

 7.5. Market Attractive Index (By Type)

 7.6. Supply Chain Analysis

 7.7. Voice of Customers

  7.7.1. Unaided Brand Recall

  7.7.2. Brand Satisfaction Level

  7.7.3. Brand Switching Behavior

  7.7.4. Factors Influencing Purchase Decision

8. India Two-Wheeler (2W) Tire Market Outlook 

 8.1. Market Size & Forecast

  8.1.1. By Value & Volume

 8.2. Market Share & Forecast

  8.2.1. By Vehicle Type

  8.2.2. By Demand Category (OEM Vs. Replacement)

  8.2.3. By Company

  8.2.4. By Radial Vs. Bias

 8.3. Popular Sizes/Price Analysis

 8.4. Prominent List of OE Supplier

 8.5. Market Attractive Index (By Type)

 8.6. Supply Chain Analysis

 8.7. Voice of Customers

  8.7.1. Unaided Brand Recall

  8.7.2. Brand Satisfaction Level

  8.7.3. Brand Switching Behavior

  8.7.4. Factors Influencing Purchase Decision

9. India Off-The Road (OTR) Tire Market Outlook 

 9.1. Market Size & Forecast

  9.1.1. By Value & Volume

 9.2. Market Share & Forecast

  9.2.1. By Vehicle Type

  9.2.2. By Demand Category (OEM Vs. Replacement)

  9.2.3. By Company

  9.2.4. By Radial Vs. Bias

 9.3. Popular Sizes/Price Analysis

 9.4. Prominent List of OE Supplier

 9.5. Market Attractive Index (By End Use Industry)

 9.6. Supply Chain Analysis

 9.7. Voice of Customers

  9.7.1. Unaided Brand Recall

  9.7.2. Brand Satisfaction Level

  9.7.3. Brand Switching Behavior

  9.7.4. Factors Influencing Purchase Decision

10. India Light Commercial Vehicle (LCV) Tire Market Outlook 

 10.1. Market Size & Forecast

  10.1.1. By Value & Volume

 10.2. Market Share & Forecast

  10.2.1. By Vehicle Type

  10.2.2. By Demand Category (OEM Vs. Replacement)

  10.2.3. By Company

  10.2.4. By Radial Vs. Bias

 10.3. Popular Sizes/Price Analysis

 10.4. Prominent List of OE Supplier

 10.5. Market Attractive Index (By Type)

 10.6. Supply Chain Analysis

 10.7. Voice of Customers

 10.8. Unaided Brand Recall

 10.9. Brand Satisfaction Level

 10.10. Brand Switching Behavior

 10.11. Factors Influencing Purchase Decision

11. India Three-Wheeler (3W) Tire Market Outlook 

 11.1. Market Size & Forecast

  11.1.1. By Value & Volume

 11.2. Market Share & Forecast

  11.2.1. By Vehicle Type

  11.2.2. By Demand Category (OEM Vs. Replacement)

  11.2.3. By Company

 11.3. Popular Sizes/Price Analysis

 11.4. Prominent List of OE Supplier

 11.5. Market Attractive Index (By Type)

 11.6. Supply Chain Analysis

 11.7. Voice of Customers

  11.7.1. Unaided Brand Recall

  11.7.2. Brand Satisfaction Level

  11.7.3. Brand Switching Behavior

  11.7.4. Factors Influencing Purchase Decision

12. Import-Export Analysis 

13. Market Dynamics 

 13.1. Drivers

 13.2. Challenges

14. Market Trends & Developments 

15. Policy & Regulatory Landscape 

16. India Economic Profile 

17. Competitive Landscape 

 17.1. MRF Limited

 17.2. CEAT Limited

 17.3. Birla Tyres Limited

 17.4. TVS Srichakra Limited

 17.5. Apollo Tyres Ltd.

 17.6. JK Tyre & Industries Ltd.

 17.7. Bridgestone India Private Limited

 17.8. Goodyear India Limited

 17.9. Michelin India Private Limited

 17.10. Balkrishna Industries Limited

 17.11. Govind Rubber Limited

 17.12. Continental India Limited

18. Strategic Recommendations 

19. Annexure (Include Dealer/Distributor List for each Tire Company) 

About TechSci Research: 

TechSci Research is a leading global market research firm publishing premium market research reports. Serving 700 global clients with more than 600 premium market research studies, TechSci Research is serving clients across 11 different industrial verticals. TechSci Research specializes in research based consulting assignments in high growth and emerging markets, leading technologies and niche applications. Our workforce of more than 100 fulltime Analysts and Consultants employing innovative research solutions and tracking global and country specific high growth markets helps TechSci clients to lead rather than follow market trends.

Mr. Ken Mathews
708 Third Avenue,
Manhattan, NY,
New York - 10017
Tel: +1-646-360-1656
Connect with us on Twitter -
Connect with us on LinkedIn -

SOURCE TechSci Research