Automotive and Transportation

Agriculture Tires Market in India 2015-2019

  • TEC222171
  • 76 Pages
  • May 2015
  • Automotive and Transportation
About agriculture tires
Tires are an integral component of automobiles and are manufactured using raw materials such as natural rubber, nylon tire cord fabric, and carbon black. Rubber chemicals and synthetic rubber, including styrene-butadiene rubber and poly-butadiene rubber, are also used in manufacturing tires. Agriculture tires are used in different agriculture vehicles and equipment such as tractors, sowers, and harvesters. The use of advanced equipment has had a significant improvement on crop yield and, hence, is leading to cultivators and farmers increasingly using agriculture vehicles and equipment.
India has world's second largest population and world's fourth largest economy. The rapidly growing Indian economy has invoked interests among many investors worldwide, and significant amount of investments is flowing into the country. The agriculture sector in India is contributing considerably to the overall GDP of the country, along with the services and manufacturing (industry) sectors. In rural India, around 70% of the households depend on agriculture as their principal means of livelihood. Over the last few years, the agriculture tires market in India has been registering steady growth. There has been a rise in the mechanisation of the agriculture industry in the country, which has contributed to the growth of agriculture tire vendors.
Technavio's analysts forecast the agriculture tires market in India to grow at a CAGR of 6.06% over the period 2015-2019.
Covered in this report
The report covers the present scenario and the growth prospects of the agriculture tires market in India for the period 2015-2019.
Technavio's report, the Agriculture Tires Market in India 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. It covers the landscape of the agriculture tires market in India and its growth prospects in the coming years. The report includes a discussion of the key vendors operating in this market.
Key vendors
Apollo Tyres
Balkrishna Industries
CEAT Tyres
JK Tyre and Industries
MRF L
TVS Srichakra
Other Prominent Vendors

Anil Rubber Industries
Alliance Tires
Asha Rubber Industries
Asian Tire Factory
Future Tyres
Eastman Industries
Hindustan Tyres
Metro Exporters
Pirelli
Power Max Tyre
Red Stone Industries
Salsons Tyres
Superking Manufacturers
Key Market Driver
Rise in tractor sales
For a full, detailed list, view our report
Key Market Challenge
Inverted tax structures for tire manufacturers
For a full, detailed list, view our report
Key market trend
Use of tractors for non-farming operations
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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