Tyre production in India is anticipated to grow at a CAGR of 11% during FY 2012-2016, says RNCOS in its latest research report.
(prHWY.com) December 21, 2012 - NOIDA, India -- Driven by mounting automobiles demand, rapid global expansion, and better quality production, the Indian tyre industry is growing at an astounding rate. Besides, the advent of all new technologies and introduction of eco-friendly concept of tyres in the industry, is adding fuel in its ever growing demand. As a result, tyre manufacturers in the country are now working on their capacity expansion plans to meet this demand. Additionally, the manufacturers are also setting up their plants overseas in their rapid expansion phase with an aim to increase their production. Moreover, in future, the tyre production in India is anticipated to grow at a CAGR of around 11% during 2012-2016.
Research Analysis & Highlights
The report, "Indian Tyre Industry Forecast to 2015", by RNCOS spread over 85 pages covers all the key aspects, which clarify the picture of current Indian tyre industry scenario. The report highlights the overview and future outlook of Indian Tyre Industry with in-depth analysis of its production & sales by segment and players. The segments covered, in our research includes passenger cars, utility vehicles, multi-purpose vehicles, commercial passenger carriers, commercial goods carriers and two wheelers. The report also includes the export and import of tyre by these segments, type & country, etc which says that majority of the export from India goes to USA.
Further, our research presents a comprehensive analysis of the Indian radial and tubeless tyre industries with their market by segments. Additionally, the report also covers the thorough study of tyre retreading market of the country. On the contrary, it also provides the knowledge of proposed capacity expansion projects of major players in the country coupled with the new technologies which they are adopting. To provide an in-depth knowledge about the production scenario to the clients, our research also include the cost analysis of tyre production in the country.
Besides, through the section of key players, we have tried to provide the insight of current market scenario and existing competition to our customers. Additionally, to provide clearer picture of competitive landscape, we have also included future plans & strategy of key players coupled with the comprehensive analysis of their strength and weakness. In all, the report presents a comprehensive look at the sector's past, present, and future scenario.
Some of the report's key highlights include:
- Radialization bringing a paradigm shift in Indian tyre industry
- Green tyre taking the industry to a new era
- Trucks and Buses radial segment exhibiting high growth potential
- Tubeless tyre market gaining grounds in India
For FREE SAMPLE of this report visit:
http://www.rncos.com/Report/IM463.htm
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About RNCOS
RNCOS specializes in Industry intelligence and creative solutions for contemporary business segments. Our professionals analyze the industry and its various components, with a comprehensive study of the changing market behavior. Our accuracy and data precision proves beneficial in terms of pricing and time management that assist the intending consultants in meeting their objectives in a cost-effective and timely manner.
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