Global Two-wheeler Tire Market 2019-2023

Global Two-wheeler Tire Market 2019-2023

About this market

The growing demand for two-wheelers across the globe will drive the market growth during the forecast period. Various emerging economies have witnessed considerable rise in the sales of two-wheelers, in turn, positively impacting the two-wheeler tire market growth during the forecast period. Furthermore, widening pool of aging two-wheelers in mature markets including the US and Japan will further contribute to the growing demand for replacement tires. As a result, the growing adoption of two-wheelers will further proliferate the growth of two-wheeler tire market in the long run. Technavio’s analysts have predicted that the two-wheeler tire market will register a CAGR of almost 10% by 2023.

Market Overview

Prominent tire brands leveraging strong two-wheeler tire demand in emerging economies

One of the growth drivers of the global two-wheeler tire market is the prominent tire brands leveraging strong two-wheeler tire demand in emerging economies. The increasing focus of global tire manufacturers on two-wheeler-dominant emerging economies will drive the growth of the market during the forecast period.

Global two-wheeler tire market facing blow of US-China trade war

One of the challenges in the growth of the global two-wheeler tire market is the global two-wheeler tire market facing blow of US-China trade war. Automotive tires and synthetic rubber have been dragged into this US-China trade war, and this will affect the prospects of the market.

For the detailed list of factors that will drive and challenge the growth of the two-wheeler tire market during 2019-2023, view our report.

Competitive Landscape

The market appears to be fragmented with the presence of several market players. Most vendors engaged in tire manufacturing have started using advanced tire manufacturing techniques and processes for lowering carbon emissions. This market research report will help clients identify new growth opportunities and design unique growth strategies by providing a comprehensive analysis of the market’s competitive landscape and offering information on the products offered by companies.


Press Release

Technavio Announces the Publication of its Research Report – Global Two-Wheeler Tire Market 2019-2023

Technavio recognizes the following companies as the key players in the global two-wheeler tire market: Bridgestone Corporation, Continental AG, JK TYRE & INDUSTRIES LTD, MRF, TVS SRICHAKRA LIMITED, and ZC-RUBBER.

Commenting on the report, an analyst from Technavio’s team said: “The latest trend gaining momentum in the market is the adoption of environment-friendly tire manufacturing processes.”

According to the report, one of the major drivers for this market is the prominent tire brands leveraging strong two-wheeler tire demand in emerging economies.

Further, the report states that one of the major factors hindering the growth of this market is the manufacturers experience high-cost pressure.

Companies Mentioned

Bridgestone Corporation
Continental AG
JK TYRE & INDUSTRIES LTD
MRF
TVS SRICHAKRA LIMITED
ZC-RUBBER

  • Executive summary
  • Scope of the report
    • Preface
    • Currency conversion rates for US$
  • Market landscape
    • Market ecosystem
      • Table Global motorcycle and quad bike components market
      • Table Segments of global motorcycle and quad bike components market
    • Market characteristics
      • Table Market characteristics
    • Market segmentation analysis
      • Table Market segments
  • Market sizing
    • Market definition
      • Table Market definition - Inclusions and exclusions checklist
    • Market sizing 2018
      • Table Market size 2018
    • Market size and forecast 2018-2023
      • Table Global market: Size and forecast 2018-2023 ($ billions)
      • Table Global market: Year-over-year growth 2019-2023 (%)
  • Five forces analysis
    • Table Five forces analysis 2018
    • Table Five forces analysis 2023
    • Bargaining power of buyers
      • Table Bargaining power of buyers
    • Bargaining power of suppliers
      • Table Bargaining power of suppliers
    • Threat of new entrants
      • Table Threat of new entrants
    • Threat of substitutes
      • Table Threat of substitutes
    • Threat of rivalry
      • Table Threat of rivalry
    • Market condition
      • Table Market condition - Five forces 2018
  • Market segmentation by application
    • Table Application - Market share 2018-2023 (%)
    • Comparison by application
      • Table Comparison by application
    • Motorcycles - Market size and forecast 2018-2023
      • Table Motorcycles - Market size and forecast 2018-2023 ($ billions)
      • Table Motorcycles - Year-over-year growth 2019-2023 (%)
    • Scooters - Market size and forecast 2018-2023
      • Table Scooters - Market size and forecast 2018-2023 ($ billions)
      • Table Scooters - Year-over-year growth 2019-2023 (%)
    • Market opportunity by application
      • Table Market opportunity by application
  • Customer landscape
    • Table Customer landscape
  • Geographic landscape
    • Geographic segmentation
      • Table Market share by geography 2018-2023 (%)
    • Geographic comparison
      • Table Geographic comparison
    • APAC - Market size and forecast 2018-2023
      • Table APAC - Market size and forecast 2018-2023 ($ billions)
      • Table APAC - Year-over-year growth 2019-2023 (%)
    • South America - Market size and forecast 2018-2023
      • Table South America - Market size and forecast 2018-2023 ($ billions)
      • Table South America - Year-over-year growth 2019-2023 (%)
    • North America - Market size and forecast 2018-2023
      • Table North America - Market size and forecast 2018-2023 ($ billions)
      • Table North America - Year-over-year growth 2019-2023 (%)
    • Europe - Market size and forecast 2018-2023
      • Table Europe - Market size and forecast 2018-2023 ($ billions)
      • Table Europe - Year-over-year growth 2019-2023 (%)
    • Middle East and Africa - Market size and forecast 2018-2023
      • Table Middle East and Africa - Market size and forecast 2018-2023 ($ billions)
      • Table Middle East and Africa - Year-over-year growth 2019-2023 (%)
    • Key leading countries
      • Table Key leading countries
    • Market opportunity
      • Table Market opportunity
  • Decision framework
  • Drivers and challenges
    • Market drivers
    • Market challenges
      • Table Impact of drivers and challenges
  • Market trends
    • Use of RFID technology in two-wheeler tires
    • Growing demand for high-performance tires
    • Adoption of environment-friendly tire manufacturing processes
  • Vendor landscape
    • Overview
      • Table Vendor landscape
    • Landscape disruption
      • Table Landscape disruption
    • Competitive scenario
  • Vendor analysis
    • Vendors covered
      • Table Vendors covered
    • Vendor classification
      • Table Vendor classification
    • Market positioning of vendors
      • Table Market positioning of vendors
    • Bridgestone Corporation
      • Table Bridgestone Corporation - Vendor overview
      • Table Bridgestone Corporation - Business segments
      • Table Bridgestone Corporation - Organizational developments
      • Table Bridgestone Corporation - Geographic focus
      • Table Bridgestone Corporation - Segment focus
      • Table Bridgestone Corporation - Key offerings
    • Continental AG
      • Table Continental AG - Vendor overview
      • Table Continental AG - Business segments
      • Table Continental AG - Organizational developments
      • Table Continental AG - Geographic focus
      • Table Continental AG - Segment focus
      • Table Continental AG - Key offerings
    • JK TYRE & INDUSTRIES LTD
      • Table JK TYRE & INDUSTRIES LTD - Vendor overview
      • Table JK TYRE & INDUSTRIES LTD - Product segments
      • Table JK TYRE & INDUSTRIES LTD - Organizational developments
      • Table JK TYRE & INDUSTRIES LTD - Geographic focus
      • Table JK TYRE & INDUSTRIES LTD - Key offerings
    • MRF
      • Table MRF - Vendor overview
      • Table MRF - Business segments
      • Table MRF - Organizational developments
      • Table MRF - Geographic focus
      • Table MRF - Segment focus
      • Table MRF - Key offerings
    • TVS SRICHAKRA LIMITED
      • Table TVS SRICHAKRA LIMITED - Vendor overview
      • Table TVS SRICHAKRA LIMITED - Service segments
      • Table TVS SRICHAKRA LIMITED - Organizational developments
      • Table TVS SRICHAKRA LIMITED - Geographic focus
      • Table TVS SRICHAKRA LIMITED - Key offerings
    • ZC-RUBBER
      • Table ZC-RUBBER - Vendor overview
      • Table ZC-RUBBER - Product segments
      • Table ZC-RUBBER - Organizational developments
      • Table ZC-RUBBER - Key offerings
  • Appendix
    • Research methodology
      • Table Validation techniques employed for market sizing
    • List of abbreviations
  • Explore Technavio

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