Global Two-Wheeler Tire Market Size Study by Vehicle Type, Demand Analysis and Regional Forecast to 2025


Posted February 14, 2020 by prachitisharma98

Global Two Wheeler Tire Market stood at around $ 13 billion in 2019 and is projected to surpass $ 20 billion by 2025.
 
Bharat Book Bureau Provides the Trending Market Research Report on “Global Two-Wheeler Tire Market, By Vehicle Type (Motorcycle & Scooter/Moped), By Demand Category (OEM Vs Replacement), By Region (APAC, Europe & CIS, North America, South America, Middle East & Africa), Competition Forecast & Opportunities, 2015-2025”under  Heavy Industry Category. The report offers a collection of superior market research, market analysis, competitive intelligence and Market reports.

Global Two Wheeler Tire Market stood at around $ 13 billion in 2019 and is projected to surpass $ 20 billion by 2025. Growth in the market is led by rising two-wheeler sales, expanding two-wheeler fleet size and increasing per capita income across the globe. Rise in demand for two-wheelers for personal transportation has stimulated two-wheeler production in emerging economies of Asia-Pacific, which in turn has also increased the OEM two-wheeler tire demand.

The global two-wheeler tire market is majorly dominated by Asia-Pacific, with India and China being the most prominent markets. Both of these countries account for the highest number of two-wheeler tire sales, globally, with their combined market share being well over 80% in the global two-wheeler tire market. Another set of emerging market for two-wheeler tires include South East Asian countries such as Indonesia, Vietnam, etc. These countries enjoy the presence of major two-wheeler OEMs with large production capacities.

The global two-wheeler tire market is dominated by the tires for scooters/mopeds in 2019. High inclination towards scooters/mopeds is witnessed majorly in Asian countries such as India, China, Indonesia, etc., which supports the global demand for scooter/moped tires, and this trend is anticipated to continue during the forecast period. Contrarily, South America, North America and Africa market are dominated by demand for motorcycle tires as the regions witness higher preference for motorcycles as compared to scooters/mopeds.

Major companies operating in global two-wheeler tire market are expanding their dealer/distributor network as well as expanding their product portfolio with high-performance tires to meet the requirements of different driving conditions. Leading global players are also focusing on improving their radial tire technology for two-wheelers to tap the growing trend of radialization in two-wheeler tires.

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Objective of the Study:
• To assess the global demand for two-wheeler tires.
• To analyze and forecast the global market size of two-wheeler tire market.
• To classify and forecast global demand for two-wheeler tires on the basis of vehicle type, radial vs bias, demand category and region.
• To identify drivers and challenges for the global two-wheeler tire market.
• To identify market trends and development in global two-wheeler tire market.
• To identify and analyze the profile of leading players involved in the global two-wheeler tire market.

Few of the leading companies operating in the global two-wheeler tire market include Hangzhou Zhongce Rubber CO., LTD., Giti Tire Pte. Ltd., MRF Limited, Apollo Tyres Ltd., CEAT Limited, JK Tyre & Industries Ltd., TVS Srichakra Limited, Cheng Shin Rubber Ind. Co., Ltd., Bridgestone Corporation, and Rinaldi S/A Industria de Pneumaticos, among others.

Key Target Audience:
• Global two-wheeler tire manufacturers
• Associations, organizations, forums and alliances related to two-wheeler tires
• Government bodies such as regulating authorities and policy makers
• Market research and consulting firms

The study is useful in providing answers to several critical questions that are important for industry stakeholders such as two-wheeler tire importers, customers and policy makers. The study would also help them to target the growing segments over the coming years, thereby aiding the stakeholders in taking investment decisions and facilitating their expansion.

Report Scope:
In this report, global two-wheeler tire market has been segmented into following categories, in addition to the industry trends which have also been detailed below:

• Market Share, By Vehicle Type:
Motorcycle
Scooter/Moped

• Market Share, By Demand Category:
OEM
Replacement

• Market Share, By Region:
Asia-Pacific
Europe & CIS
North America
South America
Middle East
Africa

Competitive Landscape
Company Profiles: Detailed analysis of the major companies present in the global two-wheeler tire market.

Available Customizations:
With the given market data, This Research offers customizations according to a company’s specific needs. The following customization options are available for the report:

Company Information
• Detailed analysis and profiling of additional market players.

Browse our full report with Table of Content :
https://www.bharatbook.com/marketreports/global-two-wheeler-tire-market-by-vehicle-type-motorcycle-scooter-moped-by-demand-category-oem-vs-replacement-b/816999

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Last Updated February 14, 2020