Market Research International

Passenger Car Tires Market in Indonesia 2015-2019

Press Release   •   Aug 09, 2015 06:44 EDT

About Passenger Car Tires
The passenger car tires market is fast becoming one of the most important markets for tire manufacturers in Indonesia, in terms of production and sales. Indonesia is a leading rubber producing country, and makes for a hub of rubber processing industries, especially those dealing in tires. The country has several home grown tire manufacturers, such as PT Gajah Tunggal Tbk, and PT Multistrada Arah Sarana, Tbk, which are leading in tire manufacturing across the world.

The automotive industry an important factor in the growth of the manufacturing sector in Indonesia. The automotive sales in the country has been on a positive growth curve since 2005 through 2012, barring the global recession effects in 2009. Also, the four wheeler ownership penetration rate in Indonesia is approximately 43 cars per 1,000 people, which creates an opportunity for automakers to push up their sales.

Technavio analysts forecast the passenger car tires market in Indonesia to grow at a CAGR of 8.87 percent during 2014-2019.

Covered in this Report
The passenger car tires market in Indonesia can be segmented into two divisions based on distribution channels: OEM and replacement. To calculate the market size, we consider the combined sales of these two segments. In addition, we discuss the major drivers influencing market growth in Indonesia and the challenges facing the vendors and the market as a whole. We evaluate the key trends emerging in the market as well.

The Technavio report, namely Passenger Car Tires Market in Indonesia 2015-2019, is based on an in-depth market analysis, with inputs from industry experts. We present the market landscape in Indonesia and its growth prospects in the coming years. We also include the key vendors operating in the market.

Key Vendors
- Chen-Shin Rubber/Maxxis Indonesia
- PT Bridgestone Tire Indonesia
- PT Elang Perdana Tyre Industry
- PT Gajah Tunggal Tbk
- PT Goodyear Indonesia Tbk
- PT Industri Karet Deli
- PT Michelin Indonesia
- PT Multistrada Arah Sarana, Tbk
- PT Sumi Rubber Indonesia - Dunlop

Key Market Driver
- Favourable Economic Conditions for Growth of Automotive Industry
- For a full and detailed list, view our report

Key Market Challenge
- Underdeveloped Infrastructure
- For a full and detailed list, view our report

Key Market Trend
- Development of Self-Sealing Tires
- For a full and detailed list, view our report.

Key Questions Answered in this 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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