Market Research International

Passenger Car Tires Market in Malaysia 2015-2019

Press Release   •   Aug 05, 2015 07:07 EDT

About Passenger Car Tires
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. In 2011, Malaysia had 341 passenger cars per 1,000 people. Thus, Malaysia is one of the most significant markets for tire manufacturers.

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.

The report's analysts forecast the passenger car tire market in Malaysia to grow at a CAGR of 4.47% over the period 2014-2019.

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. This report provides data on the market based on the following segments:
- OEM segment
- Replacement segment

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.

This report, Passenger Car Tire Market in Malaysia 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. It covers the landscape of the passenger car tire market in Malaysia and its growth prospects in the coming years. The report also includes a discussion of the key vendors operating in this market.

Prominent Vendors
- Bridgestone Tyre Sales (Malaysia)
- Continental Tyre PJ Malaysia
- Goodyear Malaysia
- GT Radial Malaysia
- Hankook Tire
- Kumho Tire
- Maxxis International
- Michelin Malaysia
- Pirelli
- Sailun Group
- Simex Tyres
- Sumitomo
- Toyo Tyre Malaysia
- Yokohama Rubber

Market Driver
- Favorable Economic Conditions
- For a full, detailed list, view our report

Market Challenge
- Increase in Retreading of Tires
- For a full, detailed list, view our report

Market Trend
- Fall in Prices of Rubber
- For a full, 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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