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Pakistan Rubber Tyre & Tube Market Expected to Grow with a CAGR of 17.4% Over the Forecast Period, 2018-2025 - ResearchAndMarkets.com

March 4, 2020 GMT

DUBLIN--(BUSINESS WIRE)--Mar 4, 2020--

The “Pakistan Rubber Tyre and Tube Market: Opportunity Analysis and Industry Forecast, 2018-2025” report has been added to ResearchAndMarkets.com’s offering.

Pakistan rubber tyre and tube market size was valued at $ 762.7 million in 2017, and is projected to reach $ 2.77 billion by 2025, registering a CAGR of 17.4% from 2018 to 2025.

A tyre is a component fitted around the rim of a wheel to transfer the load of a vehicle from the axle to the ground. Rubber tyre consists of tread, jointless cap piles, beads, and other materials, which include synthetic rubber, carbon black, and fabric. The major function of the tyre is to protect the wheel rim and offer tractive force between the road surface and the vehicle. Since, it is manufactured from rubber, it also provides a flexible cushion, thereby reducing the impact of the vibrations and absorbs the shock of the vehicle. There is an exponential increase in the demand for tyre due to the rise in vehicle production in Pakistan to cater the increase in requirement of vehicles across all segments. Thus, the tyre demand is ultimately governed by automobile production.

The seats used in most of the passenger and light commercial vehicles have main parts that includes tread, textile cord ply, liners, and beads. The combination of such components are responsible for ripping the road and providing directional stability and wear-and-tear resistance.

Key Findings of the Pakistan Rubber Tyre and Tube Market:

  • In 2017, based on channel, aftermarket generated the highest revenue.
  • In 2017, by vehicle type, the commercial vehicles type was the highest revenue contributor.
  • In 2017, by design, the radial segment was the highest revenue contributor.
  • The key players analyzed in this report include General Tyre and Rubber Co. Ltd., Servis Tyre, the Goodyear Tyre & Rubber Company, Bridgestone group, Pirelli Tyre S.p.A, Michelin, Ghauri Tyre & Tube Ltd., Continental Corporation, Sumitomo Rubber Industries Ltd., and Yokohama Rubber Co., Ltd. and also some local tyre manufacturers such as panther tyres limited, Crown Tyres limited , CECO tyres, HAQ tyres & rubber industries and others.

Key Topics Covered:

Chapter 1: Introduction

1.1. Report Description

1.2. Key Benefits For Stakeholders

1.3. Key Market Segments

1.4. Key Market Segments

1.5. Research Methodology

1.5.1. Primary Research

1.5.2. Secondary Research

1.5.3. Analyst Tools And Models

Chapter 2: Executive Summary

2.1. CXO Perspective

Chapter 3: Market Overview

3.1. Market Definition And Scope

3.2. Key Findings

3.2.1. Top Impacting Factors

3.2.2. Top Investment Pockets

3.2.3. Top Winning Strategies

3.3. Porter’S Five Forces Analysis

3.4. Market Share Analysis (2018)

3.5. Market Dynamics

3.5.1. Drivers

3.5.1.1. Rise In Competition Among Tyre Manufacturers

3.5.1.2. Increase In Total Vehicle Production In Pakistan

3.5.2. Restraint

3.5.2.1. Growth In Market of Retreading Tyres

3.5.2.2. Volatile Prices of Raw Materials

3.5.3. Opportunities

3.5.3.1. Improving Economy That Results In Favorable Conditions For The Manufacturing Sector

3.5.3.2. Anticipated Rise In The Automobile Sector

3.6. Consumption of Rubber/ Butyl

3.7. Local Vs Import/Export (Units).

3.7.1. Local Production (2017-2025)

3.7.2. Trade Balance

3.7.2.1. Import

3.7.2.1.1. Import (2014-2018)

3.7.2.2. Export

3.7.2.2.1. Export (2014-2018)

3.7.2.2.2. Export Prices

3.8. Valves

3.8.1. Key Market Trends, Growth Factors, And Opportunities

3.8.2. Market Size And Forecast

Chapter 4: Pakistan Rubber Tyre And Tube Market, By Channel

4.1. Oem

4.2. Aftermarket

Chapter 5: Pakistan Rubber Tyre And Tube Market, By Component

5.1. Overview

5.2. Tyre

5.3. Tubes

Chapter 6: Pakistan Rubber Tyre And Tube Market, By Design

6.1. Overview

6.2. Radial Tyre

6.3. Bias Tyre

Chapter 7: Pakistan Rubber Tyre And Tube Market, By Vehicle Type

7.1. Overview

7.2. Passenger Car

7.3. Commercial Vehicles

7.4. Two Wheeler

7.5. Three Wheeler

7.6. Agriculture Tractor

7.7. Otr/Tbr

Chapter 8: Company Profiles

8.1. Bridgestone Group

8.2. General Tyre And Rubber Co. Ltd

8.3. Michelin

8.4. Pirelli Tyre S.P.A.

8.5. The Goodyear Tyre & Rubber Company

8.6. Sumitomo Rubber Industries Ltd.

8.7. The Yokohama Rubber Co., Ltd.

8.8. Continental Corporation

8.9. Ghauri Tyre & Tube (Pvt) Ltd.

8.10. Diamond Tyres Ltd

8.11. Servis Tyres

8.12. Panther Tyres Limited

8.13. Crown Tyres Limited

8.14. Ceco Tyre

8.15. Haq Tyres & Rubber Industries

For more information about this report visit https://www.researchandmarkets.com/r/xfcn38

View source version on businesswire.com:https://www.businesswire.com/news/home/20200304005652/en/

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KEYWORD: ASIA PACIFIC PAKISTAN

INDUSTRY KEYWORD: AUTOMOTIVE TIRES & RUBBER

SOURCE: Research and Markets

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PUB: 03/04/2020 12:06 PM/DISC: 03/04/2020 12:06 PM

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