Automotive and Transportation

Passenger Car Tire Market in Mexico 2015-2019

  • TEC280023
  • 157 Pages
  • August 2015
  • Automotive and Transportation
About Passenger Car Tire Market in Mexico
Mexico was the fourth largest passenger car market in the Americas in 2014. In 2011, Mexico had 195 passenger cars per 1,000 people, indicating enormous potential for passenger car sales. The countrys GNI per capita (PPP) increased by 37.11%, from $11,750 in 2005 to $16,110 in 2013. Furthermore, in 2014, the country had about 26.34 million passenger cars in use the same year. The commercial viability of the industry also translated into the well-being of associated markets such as the tire market.

The market comprises prominent tire manufacturers, such as Michelin, Bridgestone, Toyo Tire, Yokohama, Goodyear, and Continental Tires; and also established automobile manufacturers, such as Ford, General Motors, Honda, Mercedes-Benz, and Toyota. The tire market in Mexico has witnessed growth over the past decade.

Technavios analysts forecast the passenger car tire market in Mexico to grow at a CAGR of 5.92% 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 Mexico for the period 20152019. The report provides forecasts and analyses of the market in terms of volume. The market includes the following segments:
OEM segment
Replacement segment

We also present the vendor landscape and a corresponding detailed analysis of the prominent vendors in the passenger car tire market in Mexico. In addition, the report includes the major drivers that are influencing the growth of the passenger car tire market in Mexico. It also outlines the challenges faced by the vendors and the market at large, as well as the key trends emerging in the market.

Technavios report, Passenger Car Tire Market in Mexico 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 Mexico and its growth prospects in the coming years. The report also includes a discussion on the key vendors operating in this market.

Prominent Vendors
Alliance Tire Group
Bridgestone Americas Tire Operations
Continental Tire the Americas
Cooper Tire and Rubber
Federal
Giti Tire
Goodyear Tire and Rubber
Hankook Tyre
Kumho Tyres USA
Maxxis International
Michelin North America
Nexen Tire
Nokian Tyre
Pirelli
Sumitomo Rubber Industries
Toyo Tyre and Rubber
Yokohama Rubber

Market Driver
Increasing Investments in Automotive Industry
For a full, detailed list, view our report

Market Challenge
Dependence on Natural Rubber Imports
For a full, detailed list, view our report

Market Trend
Development of Alternative Sources of Natural 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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