World Tires Market - KOTA Territory News

World Tires Market

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NEW YORK, Jan. 23, 2014 /PRNewswire/ -- Reportlinker.com announces that a new market research report is available in its catalogue:

World Tires Market
http://www.reportlinker.com/p01972782/World-Tires-Market.html#utm_source=prnewswire&utm_medium=pr&utm_campaign=Tire


World demand to rise 4.3% annually through 2017

World demand for tires is forecast to rise 4.3 percent per year to 2.9 billion units in 2017. In value terms, sales of tires are projected to increase 7.9 percent annually to $276 billion in 2017. Global growth in the tire market will continue to be led by developing countries in the Asia/Pacific region, particularly China and India. Worldwide demand for tires will also be supported by improved economic conditions in advanced countries in Western Europe and North America, but gains in these regions will continue to trail the global average.


Asia/Pacific region to claimtwo-thirds of total growth

The Asia/Pacific region will be responsible for the bulk of global tire demand gains, accounting for two-thirds of total growth through 2017. China is the largest market for tires in the the world, representing 25 percent of global demand in 2012. Growth in demand for tires in China will not be able to match the especially rapid gains posted over the 2007-2012 period, as expansion of both motor vehicle production and motor vehicle usage will decelerate. However, the market for tires in China will continue to be among the fastest growing in the world. Other major national markets for tires in the Asia/Pacific region include Japan and India, which ranked as the world's third and fourth largest, respectively, in 2012. Sales of tires in Japan are forecast to decline through 2017, a function of a shrinking population and falling motor vehicle exports. India will post strong growth in demand for tires through 2017, and is expected to surpass Japan as the world's third largest tire consumer by that year.


Gains in North America, Western Europe to lag

The markets for tires in North America and Western Europe will show improvement relative to the 2007-2012 period, but gains will remain below two percent per annum in both regions through 2017. Stronger economic environments will result in advancements in both new vehicle production and vehicle usage, supporting growth in demand for tires. However, slow population growth and mature rates of personal motor vehicle usage will serve to constrain market gains. In addition, the losses in new vehicle production that occurred in both regions between 2007 and 2012 will not be fully recovered, as significant production capacity was permanently transferred to lower-cost developing countries. The US will continue to be the world's second largest market for tires, accounting for 13 percent of global demand in 2017.

Motorcycle, other tires to outpace motor vehicle market

Motor vehicles represented the largest market for tires in 2012, and will account for 73 percent of global demand in 2017. Gains through 2017 will be stimulated by increases in motor vehicle usage in developing countries, spurring demand for tires in both original equipment manufacturing (OEM) and replacement applications. The market for motorcycle tires is forecast to expand at an above average rate through 2017. Relative to motor vehicles, usage of motorcycles is especially concentrated in faster-growing developing regions, allowing the market for motorcycle tires to be less constrained in the aggregate by weaker performances in advanced economies. Industrial, agricultural, and aircraft tires will post the fastest growth through 2017, although these will remain a very small portion of overall tire sales.


Study coverage

Details on these and other key findings are contained in the Freedonia industry study, World Tires. It presents historical demand data (2002, 2007, 2012) as well as forecasts for 2017 and 2022 by market, world region and for 26 countries. The study also considers key market environment factors, evaluates company market share and profiles 32 competitors in the tire industry worldwide.
INTRODUCTION XII

I. EXECUTIVE SUMMARY 1

II. MARKET ENVIRONMENT 4

General 4
World Economic Environment 5
Recent Historical Trends 5
World Economic Outlook 7
World Population Overview 11
World Motor Vehicle Production 13
World Motor Vehicles in Use 16
World Gross Fixed Investment Outlook 18
Pricing Patterns 21
Technology 24
Retreaded, Regrooved, & Used Tires 26
Legal & Regulatory Environment 28


III. OVERVIEW 31

General 31
Regional Overview 32
Demand 32
Production 37
Production Capacity 39
International Trade 41
Demand by Market 43
Light Vehicle 45
OEM 48
Replacement 48
Medium & Heavy Vehicle 49
OEM 51
Replacement 51
Motorcycle 52
Industrial & Other 55


IV. NORTH AMERICA 57


General 57
Tire Supply & Demand 58
Tire Market Outlook 61
Tire Production Capacity 62
United States 64
Canada 74
Mexico 79


V. WESTERN EUROPE 86


General 86
Tire Supply & Demand 87
Tire Market Outlook 91
Tire Production Capacity 92
France 94
Germany 101
Italy 108
Netherlands 115
Spain 120
United Kingdom 127
Other Western Europe 133


VI. ASIA/PACIFIC 140


General 140
Tire Supply & Demand 141
Tire Market Outlook 145
Tire Production Capacity 147
Australia 149
China 154
India 165
Indonesia 174
Japan 181
Malaysia 188
South Korea 195
Taiwan 202
Thailand 210
Vietnam 218
Other Asia/Pacific 224


VII. OTHER REGIONS 233


Central & South America 233
General 233
Tire Supply & Demand 234
Tire Market Outlook 237
Tire Production Capacity 238
Brazil 240
Other Central & South America 247
Eastern Europe 256
General 256
Tire Supply & Demand 257
Tire Market Outlook 260
Tire Production Capacity 262
Czech Republic 263
Poland 270
Russia 276
Other Eastern Europe 283
Africa/Mideast 291
General 291
Tire Supply & Demand 292
Tire Market Outlook 295
Tire Production Capacity 296
Iran 297
South Africa 304
Turkey 311
Other Africa/Mideast 318


VIII. INDUSTRY STRUCTURE 329


General 329
Market Share & Industry Concentration 330
Acquisitions, Divestitures, & Industry Restructuring 335
Cooperative Agreements 338
Marketing & Distribution 345
Competitive Strategies 346
Research & Development 348
Company Profiles 349
Aeolus Tyre Company Limited 350
Apollo Tyres Limited 351
Belshina OJSC 354
Bridgestone Corporation 355
CGS as 363
Cheng Shin Rubber Industries Company Limited 365
Continental AG 367
Cooper Tire & Rubber Company 372
Cordiant JSC 375
Double Coin Holdings Limited 377
Giti Tire Pte Limited 378
Goodyear Tire & Rubber Company 380
GTY Tire, see Continental and Yokohama Rubber
Hangzhou Zhongce Rubber Company Limited 385
Hankook Tire Company Limited 386
JK Tyre & Industries Limited 389
Kumho Tire Company Incorporated 390
Marangoni SpA 393
Michelin Group 395
MRF Limited 403
NEXEN Tire Corporation 404
Nokian Tyres plc 406
Pirelli & C. SpA 409
PT Gajah Tunggal Tbk 415
Qingdao Doublestar Tire Industrial Company Limited 417
Shandong Linglong Rubber Company Limited 418
SIBUR-Russian Tyres OJSC, see Cordiant JSC
Sumitomo Rubber Industries Limited 419
TATNEFT OAO 423
Titan International Incorporated 424
Toyo Tire & Rubber Company Limited 426
Triangle Group Company Limited 429
Xingyuan Group 430
Yokohama Rubber Company Limited 431
Other Companies Mentioned in Study 436


LIST OF TABLES

SECTION I -- EXECUTIVE SUMMARY
Summary Table 3

SECTION II -- MARKET ENVIRONMENT
1 World Gross Domestic Product by Region 10
2 World Population by Region 13
3 World Motor Vehicle Production 16
4 World Motor Vehicles in Use 18
5 World Gross Fixed Investment by Region 21
6 World Tire Pricing 23

SECTION III -- OVERVIEW
1 World Tire Demand by Region 34
2 World Tire Production by Region 38
3 World Tire Production Capacity by Region, Year-End 2012 41
4 World Tire Net Exports by Region 43
5 World Tire Demand by Market 44
6 World Light Vehicle Tire Demand by Application & Region 47
7 World Medium & Heavy Vehicle Tire Demand by Application
& Region 50
8 World Motorcycle Tire Demand by Application & Region 54
9 World Industrial & Other Tire Demand by Region 56

SECTION IV -- NORTH AMERICA
1 North America: Tire Supply & Demand 59
2 North America: Tire Demand by Market 62
3 North America: Tire Production Capacity by Country,
Year-End 2012 64
4 United States: Tire Supply & Demand 67
5 United States: Tire Demand by Market 70
6 United States: Tire Production Capacity by Company,
Year-End 2012 73
7 Canada: Tire Supply & Demand 76
8 Canada: Tire Demand by Market 78
9 Canada: Tire Production Capacity by Company,
Year-End 2012 79
10 Mexico: Tire Supply & Demand 82
11 Mexico: Tire Demand by Market 84
12 Mexico: Tire Production Capacity by Company, Year-End 2012 85

SECTION V -- WESTERN EUROPE
1 Western Europe: Tire Supply & Demand 89
2 Western Europe: Tire Demand by Market 92
3 Western Europe: Tire Production Capacity by Country,
Year-End 2012 94
4 France: Tire Supply & Demand 97
5 France: Tire Demand by Market 99
6 France: Tire Production Capacity by Company, Year-End 2012 101
7 Germany: Tire Supply & Demand 104
8 Germany: Tire Demand by Market 106
9 Germany: Tire Production Capacity by Company,
Year-End 2012 108
10 Italy: Tire Supply & Demand 111
11 Italy: Tire Demand by Market 113
12 Italy: Tire Production Capacity by Company, Year-End 2012 114
13 Netherlands: Tire Supply & Demand 117
14 Netherlands: Tire Demand by Market 119
15 Netherlands: Tire Production Capacity by Company,
Year-End 2012 120
16 Spain: Tire Supply & Demand 123
17 Spain: Tire Demand by Market 125
18 Spain: Tire Production Capacity by Company, Year-End 2012 126
19 United Kingdom: Tire Supply & Demand 129
20 United Kingdom: Tire Demand by Market 131
21 United Kingdom: Tire Production Capacity by Company,
Year-End 2012 132
22 Other Western Europe: Tire Supply & Demand 135
23 Other Western Europe: Tire Demand by Market 137
24 Other Western Europe: Tire Production Capacity by Country
& Company, Year-End 2012 139

SECTION VI -- ASIA/PACIFIC
1 Asia/Pacific: Tire Supply & Demand 143
2 Asia/Pacific: Tire Demand by Market 147
3 Asia/Pacific: Tire Production Capacity by Country,
Year-End 2012 149
4 Australia: Tire Supply & Demand 152
5 Australia: Tire Demand by Market 154
6 China: Tire Supply & Demand 158
7 China: Tire Demand by Market 161
8 China: Tire Production Capacity by Company, Year-End 2012 164
9 India: Tire Supply & Demand 168
10 India: Tire Demand by Market 170
11 India: Tire Production Capacity by Company, Year-End 2012 173
12 Indonesia: Tire Supply & Demand 176
13 Indonesia: Tire Demand by Market 178
14 Indonesia: Tire Production Capacity by Company,
Year-End 2012 181
15 Japan: Tire Supply & Demand 184
16 Japan: Tire Demand by Market 186
17 Japan: Tire Production Capacity by Company, Year-End 2012 188
18 Malaysia: Tire Supply & Demand 191
19 Malaysia: Tire Demand by Market 193
20 Malaysia: Tire Production Capacity by Company,
Year-End 2012 195
21 South Korea: Tire Supply & Demand 198
22 South Korea: Tire Demand by Market 200
23 South Korea: Tire Production Capacity by Company,
Year-End 2012 202
24 Taiwan: Tire Supply & Demand 205
25 Taiwan: Tire Demand by Market 207
26 Taiwan: Tire Production Capacity by Company,
Year-End 2012 209
27 Thailand: Tire Supply & Demand 212
28 Thailand: Tire Demand by Market 214
29 Thailand: Tire Production Capacity by Company,
Year-End 2012 217
30 Vietnam: Tire Supply & Demand 220
31 Vietnam: Tire Demand by Market 222
32 Vietnam: Tire Production Capacity by Company,
Year-End 2012 224
33 Other Asia/Pacific: Tire Supply & Demand 227
34 Other Asia/Pacific: Tire Demand by Market 229
35 Other Asia/Pacific: Tire Production Capacity by Country
& Company, Year-End 2012 231

SECTION VII -- OTHER REGIONS
1 Central & South America: Tire Supply & Demand 236
2 Central & South America: Tire Demand by Market 238
3 Central & South America: Tire Production Capacity
by Country, Year-End 2012 239
4 Brazil: Tire Supply & Demand 243
5 Brazil: Tire Demand by Market 245
6 Brazil: Tire Production Capacity by Company, Year-End 2012 247
7 Other Central & South America: Tire Supply & Demand 250
8 Other Central & South America: Tire Demand by Market 252
9 Other Central & South America: Tire Production Capacity
by Country & Company, Year-End 2012 254
10 Eastern Europe: Tire Supply & Demand 258
11 Eastern Europe: Tire Demand by Market 261
12 Eastern Europe: Tire Production Capacity by Country,
Year-End 2012 263
13 Czech Republic: Tire Supply & Demand 266
14 Czech Republic: Tire Demand by Market 268
15 Czech Republic: Tire Production Capacity by Company,
Year-End 2012 269
16 Poland: Tire Supply & Demand 272
17 Poland: Tire Demand by Market 274
18 Poland: Tire Production Capacity by Company, Year-End 2012 275
19 Russia: Tire Supply & Demand 278
20 Russia: Tire Demand by Market 280
21 Russia: Tire Production Capacity by Company, Year-End 2012 282
22 Other Eastern Europe: Tire Supply & Demand 285
23 Other Eastern Europe: Tire Demand by Market 287
24 Other Eastern Europe: Tire Production Capacity by Country
& Company, Year-End 2012 289
25 Africa/Mideast: Tire Supply & Demand 293
26 Africa/Mideast: Tire Demand by Market 296
27 Africa/Mideast: Tire Production Capacity by Country,
Year-End 2012 297
28 Iran: Tire Supply & Demand 300
29 Iran: Tire Demand by Market 302
30 Iran: Tire Production Capacity by Company, Year-End 2012 304
31 South Africa: Tire Supply & Demand 307
32 South Africa: Tire Demand by Market 309
33 South Africa: Tire Production Capacity by Company,
Year-End 2012 311
34 Turkey: Tire Supply & Demand 314
35 Turkey: Tire Demand by Market 316
36 Turkey: Tire Production Capacity by Company, Year-End 2012 318
37 Other Africa/Mideast: Tire Supply & Demand 321
38 Other Africa/Mideast: Tire Demand by Market 324
39 Other Africa/Mideast: Tire Production Capacity by Country
& Company, Year-End 2012 326

SECTION VIII -- INDUSTRY STRUCTURE
1 World Tire Sales by Company, 2012 332
2 Selected Acquisitions & Divestitures 337
3 Selected Cooperative Agreements 341


LIST OF CHARTS

SECTION II -- MARKET ENVIRONMENT
1 World Tire Pricing, 2002-2022 23

SECTION III -- OVERVIEW
1 World Tire Demand by Region, 2012 35
2 Increase in Annual Tire Demand from 2012 to 2017 by Region 35
3 World Tire Demand: Projected 2012-2017 Annual Rate
of Growth 36
4 World Tire Production by Region, 2012 39
5 World Tire Demand by Market, 2012 45

SECTION IV -- NORTH AMERICA
1 North America: Tire Supply & Demand by Country, 2012 60

SECTION V -- WESTERN EUROPE
1 Western Europe: Tire Supply & Demand by Country, 2012 90

SECTION VI -- ASIA/PACIFIC
1 Asia/Pacific: Tire Supply & Demand by Country, 2012 144

SECTION VII -- OTHER REGIONS
1 Eastern Europe: Tire Supply & Demand by Country, 2012 259
2 Africa/Mideast: Tire Supply & Demand by Country, 2012 294

SECTION VIII -- INDUSTRY STRUCTURE
1 World Tire Market Share, 2012 333



To order this report: World Tires Market
http://www.reportlinker.com/p01972782/World-Tires-Market.html#utm_source=prnewswire&utm_medium=pr&utm_campaign=Tire



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