TechNavio's analysts forecast the Tire market in India to grow at a CAGR of 15.57 percent over the period 2012-2016. One of the key factors contributing to this market growth is the steady economic growth in India. The Tire market in India has also been witnessing an increase in the export of tires from India. However, dependence on other countries for raw materials could pose a challenge to the growth of this market.
TechNavio's report, the Tire market in India 2012-2016, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the Tire market in India landscape and its growth prospects in the coming years. The report also includes a discussion of the key vendors operating in this market.
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The key vendors dominating this market space include Apollo Tyres Ltd., CEAT Ltd., JK Tyre and Industries Ltd., and MRF Ltd.
The other vendors mentioned in the report are Bridgestone, Birla Tyres Ltd., Goodyear Corp., Michelin spa, and The Yokohama Rubber Co. Ltd.
Key questions answered in this report:
- What will the market size be in 2016 and at what will be the growth rate?
- What are 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 key vendors?
- What are the strengths and weaknesses of each of these key vendors?
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