DUBLIN, Oct. 15, 2015 /PRNewswire/ -- Research and Markets (http://www.researchandmarkets.com/research/5jbzx7/argentina_tyre) has announced the addition of the "Argentina Tyre Market Forecast and Opportunities, 2020" report to their offering.
According to the report, Argentina Tyre Market Forecast & Opportunities, 2020", anticipated revival in automobile sales production in the coming years coupled with expanding vehicle fleet, are expected to drive Argentina tyre market through 2020.
In 2014, passenger car tyre segment dominated the country's tyre market, followed by the light commercial vehicle tyre segment. However, the two-wheeler tyre segment is expected to exhibit fastest growth over the next five years, followed by the OTR tyre segment. Few of the major tyre brands operating in the country include Fate, Bridgestone, Pirelli, Michelin, Yokohama, Goodyear and Hankook. With around two-thirds of the market share, Pampas, Dry Pampas, and Pampas Sierras regions of Argentina dominated the county's tyre market in 2014, and this regional domination is expected to continue during 2015-20.
With a population of 43 million and a vehicle fleet of over 18 million units in 2014, Argentina has evolved as the second largest market for automotive tyres in South America. However, the automobile market of the country has been grappling due to economic instability, devaluation of Argentina Peso, high inflation and decreasing automobile exports over last few years. These factors led to decline in automobile sales and production during 2012 - 2014. Despite such a scenario in automobile sales, the country's demand witnessed a rise during 2010-14 in volume terms. Backed by expanding fleet size, the tyre market in Argentina is dominated by the replacement tyre market.
Argentina Tyre Market Forecast & Opportunities, 2020 report elaborates following aspects of tyre market expansion in Argentina:
- Growth in Domestic Tyre Manufacturing
- Expanding Tyre Retreading Market
- Increase Online Purchase of Tyres
- Reviving Automobile Production & Sales
- Declining Tyre Exports
Key Topics Covered:
1. Research Methodology
2. Analyst View
3. Product Overview
4. Argentina Tyre Production Overview
5. Argentina Tyre Market Outlook
6. Argentina Passenger Car Tyre Market Outlook
7. Argentina OTR Tyre Market Outlook
8. Argentina Light Commercial Vehicle Tyre Market Outlook
9. Argentina Medium and Heavy Commercial Vehicle Tyre Market Outlook
10. Argentina Two-Wheeler Tyre Market Outlook
11. Import-Export Analysis
12. Market Dynamics
13. Market Trends & Developments
14. Policy & Regulatory Landscape
15. Argentina Economic Profile
16. Competitive Landscape
17. Strategic Recommendations
Companies Mentioned
- Bridgestone Argentina S.A.I.C. - Continental AG - FATE S.A.I.C.I - Hankook Tire Co. Ltd. - Kumho Tire Co. Inc - Michelin Argentina Co. Ltd. - Neumaticos Goodyear SRL - Pirelli Neumaticos S.A.I.C - Toyo Tyre & Rubber Company Limited - Yokohama Rubber Company Limited
For more information visit http://www.researchandmarkets.com/research/5jbzx7/argentina_tyre
Media Contact:
Laura Wood, +353-1-481-1716, press@researchandmarkets.net
