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Covered in this Report• This report covers the present scenario and the
growth prospects of the passenger car tire market in Thailand for 2015–2019.
• It also covers forecasts and analyses of the market in terms of volume.
• The report also presents the vendor landscape and a corresponding detailed analysis of the prominent vendors in the passenger car tire market in Thailand.
• In addition, the report includes the major drivers that are influencing the growth of the passenger car tire market in Thailand.
• Technavio's report, Passenger Car Tire Market in Thailand 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts.
Passenger Car Tire Market in Thailand
2015-2019
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Market Overview• Thailand is one of the leading rubber producing
countries in the world.
• Its rubber processing industries are flourishing, especially those that manufacture tires and gloves.
• In 2011, Thailand Thailand had 74 passenger cars per 1,000 people, indicating enormous potential for passenger car sales.
• Thus, Thailand is one of the most significant markets for tire manufacturers.
• This continuous rise fueled passenger car sales. Furthermore, the country had about 5.41 million passenger cars in use the same year.
• Technavio's analysts forecast the passenger car tire market in Thailand to grow at a CAGR of 4.03% over the period 2014-2019.
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in Thailand 2015-2019,please mail us at
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Key Vendors and Regions
• Apollo Tyres
• Continental
• Cooper Tire & Rubber
• Deestone
• Falken Tire
• Goodyear (Thailand)
• Kumho Tire
• Maxxis International
• Michelin Siam
View Our Report: Passenger Car Tire Market in Thailand 2015-2019
• Thailand
Vendors Regions
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Key Findings
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• The future of the automotive industry in Thailand looks optimistic, as the industry’s output has grown rapidly since 2008 (around 34.89% from 2008 to 2014).
• The industry has received major investments from automobile manufacturers, such as Toyota, Honda, Nissan, and Mazda.
• Additionally, the industry has been highly supported by the government through schemes such as "First Car Buyer", which allocated a tax refund of TBH100,000 ($3,333) to people buying their first car.
• In 2014, Thailand was ranked fifth among the automobile producing countries in APAC. In addition, producing 743 thousand passenger cars in 2014, Thailand was the 18th largest producer of passenger cars in the world.
• In 2014, the total number of passenger car registrations (passenger cars on the road) reached almost 7.47 million units, with GDP, CPI, interest rates (benchmark interest rate was 1.5% as of April 28, 2015), and low unemployment rates being seen as the driving factors.
Key Questions Answered in Our Report
• What will the market size be in 2019 and what will the growth rate be?
• What are the 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 the key vendors?
• What are the strengths and weaknesses of the key vendors?
Have a question of your own about this report?
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Passenger Car Tire Market in Thailand 2015-2019
145 Pages | SKU: IRTNTR6670
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