passenger car tire market in malaysia 2015-2019
TRANSCRIPT
Covered in this Report• This report covers the present scenario and the growth
prospects of the passenger car tire market in Malaysia for the period 2015–2019.
• The report also presents the vendor landscape and a corresponding detailed analysis of the prominent vendors in the passenger car tire market in Malaysia.
• In addition, the report includes the major drivers that are influencing the growth of the passenger car tire market in Malaysia.
• It also outlines the challenges faced by the vendors and the market at large, as well as the key trends emerging in the market.
• Technavio's report, Passenger Car Tire Market in Malaysia 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts.
Passenger Car Tire Market in Malaysia
2015-2019
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Market Overview• Malaysia is one of the leading rubber producing
countries in the world.
• Its rubber processing industries are flourishing, especially those that manufacture tires and gloves.
• The future of passenger car tire market in Malaysia is expected to be positive over the forecast period due to the optimistic outlook for the automotive industry.
• The tire market in Malaysia is driven by growing demand for automobiles, overall growth of the economy, and growth of the replacement tire market.
• Technavio's analysts forecast the passenger car tire market in Malaysia to grow at a CAGR of 4.47% over the period 2014-2019.
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Key Vendors and Regions
• Bridgestone Tyre Sales (Malaysia)
• Continental Tyre PJ Malaysia
• Goodyear Malaysia
• GT Radial Malaysia
• Hankook Tire
• Kumho Tire
• Maxxis International
• Michelin Malaysia
View Our Report: Passenger Car Tire Market in Malaysia 2015-2019
• Malaysia
Vendors Regions
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Key Findings
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• Tire punctures, or flat tires, cause high inconvenience for vehicle owners and motorists, worldwide.
• Self-sealing tires, or run-flat tires, developed by Continental Tires, are designed to fix punctures instantly and permanently.
• This technology, along with reducing tire damage by preventing pressure loss when damage is in the crown area, relieves drivers from the need to make an immediate stop and search for a tire repair shop.
• It ensures the constant mobility of cars without any alterations in mileage.
• In the case of penetration by foreign objects, such as nails, the holes remain sealed even if the puncturing object becomes dislodged.
• This technology uses a sticky viscous layer that is applied on the inside of the tire in the tread area.
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?
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Passenger Car Tire Market in Malaysia 2015-2019
131 Pages | SKU: IRTNTR6522
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