Dallas, TX -- (SBWIRE) -- 10/21/2014 -- Tires constitute an integral component of automobiles and are manufactured using raw materials such as natural rubber, nylon tire cord fabric, and carbon black. Chemicals used for the manufacture of synthetic rubber, such as SBR and PBR, are also used in the manufacture of tires. The tires that are manufactured for the Automobile segment are of two types: cross ply or bias tires and radial tires.
Analysts forecast the Tire market in Japan to grow at a CAGR of 9.45 percent over the period 2013-2018.
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Covered in this Report
This report covers the present scenario and the growth prospects of the Tire market in Japan for the period 2014-2018. The market size is calculated on the basis of the overall revenue of tire manufacturers in Japan. Forecasts and analysis of the market have been done in terms of value as well as volume. The market includes the following segments:
-Passenger Car Tires: Includes passenger car and utility vehicle tires
-Light truck tires
-Truck and Bus Tires: Includes tractor tires, construction equipment tires, and industrial vehicle tires
-Special Vehicle Tires
-Motorcycle Tires
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Tire Market in Japan 2014-2018, has been prepared based on an in-depth market analysis with inputs from industry experts. It covers the landscape of the Tire market in Japan and its growth prospects in the coming years. The report also includes a discussion of the key vendors operating in this market.
Key Vendors:
Bridgestone
Nihon Michelin Tire
Sumitomo Rubber Industries
Toyo Tire & Rubber
Other Prominent Vendors:
Kyoto Tool
Ohtsu Tire and Rubber
Panaracer
Yokohama Rubber
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Market Driver:
Steady Need for Replacement of Old and Damaged Tires
Market Challenge:
Cost of Raw Materials
Market Trend:
Rise in Demand from Developing Nations
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Key Questions Answered in this Report:
What will the market size be in 2018 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?