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Thailand Tire Market Forecast and Opportunities, 2022

Thailand Tire Market Forecast and Opportunities, 2022

Thailand is among the largest global producers of natural rubber, which is the prime raw material used in production of tires. As a result, a large number of renowned tire manufacturers have their production bases in the country due to abundant availability of natural rubber. This has contributed significantly towards development of tire industry in the country. Most of the major global tire players such as Bridgestone, Michelin, Sumitomo, Yokohama, Goodyear, etc., operate their production facilities in Thailand. Besides that, the government is also taking diverse measures to gear up for green automotive production, which is expected to positively impact the country’s tire market in the coming years. Further, consistently increasing tire prices and expanding automobile fleet size are predicted to boost Thailand tire market during the forecast period.

According to TechSci Research report “Thailand Tire Market Forecast & Opportunities, 2022”, the country’s tire market is projected to cross $5.6 billion mark by 2022. In 2016, two-wheeler tire segment dominated the country’s tire market, followed by light commercial vehicle, passenger car, medium and heavy commercial vehicle and off-the-road tire segments. Tire replacement segment accounts for around two-thirds of the tire demand emanating in the country in 2016, and the segment is anticipated to maintain its dominance through 2022. Moreover, sales of radial tires in the country is also expected to witness an uptrend in the coming years. Rising innovation and technological advancements in manufacturing of tires by various flagship brands are predicted to fuel tire ASP in the country during 2017–2022. “Thailand Tire Market Forecast & Opportunities, 2022” discusses the following aspects of tire market in Thailand:

  • Thailand Tire Market Size, Share & Forecast
  • Segmental Analysis – By Vehicle Type (Two-Wheeler, Light Commercial Vehicle, Passenger Car, Medium & Heavy Commercial Vehicle, & Off-The-Road); By Demand Category (OEM Vs. Replacement); and By Radial Vs. Bias
  • Policy & Regulatory Landscape
  • Changing Market Trends & Emerging Opportunities
  • Competitive Landscape & Strategic Recommendations
Why You Should Buy This Report?
  • To gain an in-depth understanding of Thailand tire market
  • To identify the on-going trends and anticipated growth in the next five years
  • To help industry consultants, tire companies and other stakeholders align their market-centric strategies
  • To obtain research based business decisions and add weight to presentations and marketing material
  • To gain competitive knowledge of leading market players
  • To avail 10% customization in the report without any extra charges and get the research data or trends added in the report as per the buyer’s specific needs
Report Methodology

The information contained in this report is based upon both primary and secondary research. Primary research included interviews with tire manufacturers, distributors, retailers, dealers and industry experts. Secondary research included an exhaustive search of relevant publications, such as company annual reports, financial reports and proprietary databases.

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1. Product Overview
2. Research Methodology
3. Analyst View
4. Thailand Tire Production Overview
5. Thailand Tire Market Outlook
5.1. Market Size & Forecast
5.1.1. By Value & Volume
5.2. Market Share & Forecast
5.2.1. By Vehicle Type
5.2.2. By Demand Category (OEM Vs. Replacement)
5.2.3. By Radial Vs. Bias
5.2.4. By Region
5.2.5. By Company
5.3. Prominent Tire Sizes
5.4. Market Attractive Index (By Vehicle Type)
5.5. Market Attractive Index (By Region)
6. Thailand Two-Wheeler (2W) Tire Market Outlook
6.1. Market Size & Forecast
6.1.1. By Value & Volume
6.2. Market Share & Forecast
6.2.1. By Vehicle Type
6.2.2. By Demand Category (OEM Vs. Replacement)
6.2.3. By Radial Vs. Bias
7. Thailand Light Commercial Vehicle (LCV) Tire Market Outlook
7.1. Market Size & Forecast
7.1.1. By Value & Volume
7.2. Market Share & Forecast
7.2.1. By Vehicle Type
7.2.2. By Demand Category (OEM Vs. Replacement)
7.2.3. By Radial Vs. Bias
8. Thailand Passenger Car (PC) Tire Market Outlook
8.1. Market Size & Forecast
8.1.1. By Value & Volume
8.2. Market Share & Forecast
8.2.1. By Vehicle Type
8.2.2. By Demand Category (OEM Vs. Replacement)
8.2.3. By Radial Vs. Bias
9. Thailand Medium & Heavy Commercial Vehicle (M&HCV) Tire Market Outlook
9.1. Market Size & Forecast
9.1.1. By Value & Volume
9.2. Market Share & Forecast
9.2.1. By Vehicle Type
9.2.2. By Demand Category (OEM Vs. Replacement)
9.2.3. By Radial Vs. Bias
10. Thailand Off-The-Road (OTR) Vehicle Tire Market Outlook
10.1. Market Size & Forecast
10.1.1. By Value & Volume
10.2. Market Share & Forecast
10.2.1. By Vehicle Type
10.2.2. By Demand Category (OEM vs. Replacement)
10.2.3. By Radial vs Bias
11. Thailand Retreading Tire Market Outlook
11.1. Market Size & Forecast
11.1.1. By Value & Volume
11.2. Market Share & Forecast
11.2.1. By Vehicle Type
12. Supply Chain Analysis
13. Import-Export Analysis
14. Market Dynamics
14.1. Drivers
14.2. Challenges
15. Market Trends & Developments
15.1. Expanding Retread Tire Market
15.2. Growing Demand for Chinese Tires
15.3. Increasing Tire Radialization
15.4. Rising Demand for Two-Wheelers
15.5. Surging Online Sales
16. Policy & Regulatory Landscape
17. Thailand Economic Profile
18. Competitive Landscape
18.1. Thai Bridgestone Co., Ltd
18.2. Michelin Siam Co., Ltd.
18.3. Sumitomo Rubber (Thailand) Co., Ltd.
18.4. Yokohama Tire Sales (Thailand) Co., Ltd.
18.5. Goodyear (Thailand) Public Company Limited
18.6. Pirelli Asia Pte Ltd
18.7. Deestone Company Limited
18.8. Vee Rubber International Co., Ltd.
18.9. Otani Tire Company Limited
18.10. S.R. Tyres Co. Ltd.
19. Strategic Recommendations
List Of Figures
Figure 1: Thailand Tire Market Size, By Value (USD Billion), By Volume (Million Unit), 2012-2022F
Figure 2: Prominent Drivers in Thailand Tire Market, 2012-2016
Figure 3: Thailand Tire ASP, 2017E-2022F (USD)
Figure 4: Prominent Drivers in Thailand Tire Market, 2017E-2022F
Figure 5: Thailand Tire Market Share, By Vehicle Type, By Volume, 2012-2022F
Figure 6: Thailand Tire Market Share, By Demand Category (OEM Vs. Replacement), By Volume, 2012-2022F
Figure 7: Thailand Tire Market Share, By Radial Vs. Bias, By Volume, 2016-2022F
Figure 8: Thailand Tire Market Share, By Region, By Volume, 2016 & 2022F
Figure 9: Thailand Tire Market Share, By Region, By Volume, 2016-2022F
Figure 10: Thailand Tire Market Share, By Company, By Volume, 2016-2022F
Figure 11: Thailand Tire Market Attractiveness Index, By Vehicle Type, By Volume, 2017E-2022F
Figure 12: Thailand Tire Market Attractiveness Index, By Region, By Volume, 2017E-2022F
Figure 13: Thailand Two-Wheeler Tire Market Size, By Value (USD Billion), By Volume (Million Unit), 2012-2022F
Figure 14: Prominent Drivers in Thailand Two-Wheeler Tire Market, 2017E-2022F
Figure 15: Thailand Two-Wheeler Tire Market Share, By Vehicle Type, By Volume, 2012-2022F
Figure 16: Thailand Two-Wheeler Tire Market Share, By Demand Category (OEM Vs. Replacement), By Volume, 2012-2022F
Figure 17: Thailand Two-Wheeler Tire Market Share, By Radial Vs. Bias, By Volume, 2016-2022F
Figure 18: Thailand Light Commercial Vehicle Tire Market Size, By Value (USD Billion), By Volume (Million Unit), 2012-2022F
Figure 19: Prominent Drivers in Thailand Light Commercial Vehicle Tire Market, 2012-2016
Figure 20: Prominent Drivers in Thailand Light Commercial Vehicle Tire Market, 2017E-2022F
Figure 21: Thailand Light Commercial Vehicle Tire Market Share, By Vehicle Type, By Volume, 2012-2022F
Figure 22: Thailand Light Commercial Vehicle Tire Market Share, By Demand Category (OEM Vs. Replacement), By Volume, 2012-2022F
Figure 23: Thailand Light Commercial Vehicle Tire Market Share, By Radial Vs. Bias, By Volume, 2016-2022F
Figure 24: Thailand Passenger Car Tire Market Size, By Value (USD Billion), By Volume (Million Unit), 2012-2022F
Figure 25: Prominent Drivers in Thailand Passenger Car Tire Market, 2012-2016
Figure 26: Prominent Drivers in Thailand Passenger Car Tire Market, 2017E-2022F
Figure 27: Thailand Passenger Car Tire Market Share, By Vehicle Type, By Volume, 2012-2022F
Figure 28: Thailand Passenger Car Tire Market Share, By Demand Category (OEM Vs. Replacement), By Volume, 2012-2022F
Figure 29: Thailand Passenger Car Tire Market Share, By Radial Vs. Bias, By Volume, 2016-2022F
Figure 30: Thailand Medium & Heavy Commercial Vehicle Tire Market Size, By Value (USD Billion), By Volume (Million Unit), 2012-2022F
Figure 31: Prominent Drivers in Thailand Medium & Heavy Commercial Vehicle Tire Market, 2017E-2022F
Figure 32: Thailand Medium & Heavy Commercial Vehicle Tire Market Share, By Vehicle Type, By Volume, 2012-2022F
Figure 33: Thailand Medium & Heavy Commercial Vehicle Tire Market Share, By Demand Category (OEM Vs. Replacement), By Volume, 2012-2022F
Figure 34: Thailand Medium & Heavy Commercial Vehicle Tire Market Share, By Radial Vs. Bias, By Volume, 2016-2022F
Figure 35: Thailand Off-the-Road Tire Market Size, By Value (USD Billion), By Volume (Million Unit), 2012-2022F
Figure 36: Prominent Drivers in Thailand Off-the-Road Tire Market, 2017E-2022F
Figure 37: Thailand Off-the-Road Tire Market Share, By Vehicle Type, By Volume, 2012-2022F
Figure 38: Thailand Off-the-Road Tire Market Share, By Demand Category (OEM Vs. Replacement), By Volume, 2012-2022F
Figure 39: Thailand Off-the-Road Tire Market Share, By Radial Vs. Bias, By Volume, 2016-2022F
Figure 40: Thailand Retreading Tire Market Size, By Value (USD Million), By Volume (Million Unit), 2012-2022F
Figure 41: Thailand Retreading Tire Market Share, By Vehicle Type, By Volume, 2012-2022F
Figure 42: Thailand Tire Market Supply Chain Model, 2016
Figure 43: Thailand Passenger Car Tire Imports, By Value*, 2012-2016 (USD Million)
Figure 44: Thailand Commercial Vehicle Tire Imports, By Value*, 2012-2016 (USD Million)
Figure 45: Thailand Off-The-Road Tire Imports, By Value*, 2012-2016 (USD Million)
Figure 46: Thailand Two-Wheeler Tire Imports, By Value*, 2012-2016 (USD Million)
Figure 47: Thailand Tire Import Share, By Vehicle Type, By Value*, 2016
Figure 48: Thailand Passenger Car Tire Exports, By Value*, 2012-2016 (USD Million)
Figure 49: Thailand Commercial Vehicle Tire Exports, By Value*, 2012-2016 (USD Million)
Figure 50: Thailand Two-Wheeler Tire Exports, By Value*, 2012-2016 (USD Million)
Figure 51: Thailand Off-The-Road Tire Exports, By Value*, 2012-2016 (USD Million)
Figure 52: Thailand Tire Export Share, By Vehicle Type, By Value*, 2016
Figure 53: Thailand Natural Rubber Production & Domestic Consumption, By Volume, 2010-2015 (Million Metric Ton)
Figure 54: Thailand Two-Wheeler Sales, By Volume, 2015 & 2016 (Million Unit)
List Of Tables
Table 1: Thailand Tire Production, By Vehicle Type, By Company and Plant Location, 2016
Table 2: Thailand Tire Market Size, By Vehicle Type, By Volume, 2012-2016 & 2022F (Million Unit)
Table 3: Thailand Tire Sales of Top 3 Companies, By Volume, 2016-2022F (Million Unit)
Table 4: Thailand Two-Wheeler Tire Market Size, By Vehicle Type, By Volume, 2012-2016 & 2022F (Million Unit)
Table 5: Thailand Light Commercial Vehicle Tire Market Size, By Vehicle Type, By Volume, 2012-2016 & 2022F (Million Unit)
Table 6: Thailand Passenger Car Tire Market Size, By Vehicle Type, By Volume, 2012-2016 & 2022F (Million Unit)
Table 7: Thailand Medium & Heavy Commercial Vehicle Tire Market Size, By Vehicle Type, By Volume, 2012-2016 & 2022F (Million Unit)
Table 8: Thailand Off-the-Road Tire Market Size, By Vehicle Type, By Volume, 2012-2016 & 2022F (Million Unit)
Table 9: Thailand Import Duties on Tires, By HS code, 2017
Table 10: List of Thailand Trade Agreements, 2016

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