LONDON--(BUSINESS WIRE)--Following Saudi Arabia, Qatar is one of the highest-potential automotive markets in the Middle East. The tyre industry in the country is import dependent as there is not any tyre production facility in the region. With the soaring domestic demand for high quality tyres, the demand estimates for global tyre makers are emerging very strong. During 2009-2011, the Qatari automobile tyre industry saw a CAGR of 8.7%.
With an upsurge in construction activities, Qatar’s tyre market is on the road of recording dramatic growth in the next few years. By 2018, the local automotive retreaded tyre market is estimated to grow at just over 7.4% CAGR to reach a value of USD 42 million. Commercial and passenger tyres are expected to post considerable growth rates in terms of both sales and demand.
New report “Qatar Automobile Tyre Market Forecast and Opportunities, 2018” created by TechSci Research provides a refined understanding of the automobile tyre market worldwide with a special focus on Qatar, throwing light on the major trends and anticipated growth in the oncoming years.
Key Topics Covered:
- global automobile tyre market size, share and forecast to 2018;
- Qatar automobile tyre market size, share and forecast to 2018;
- Qatar tyre retreading market size, share and forecast to 2018;
- raw materials, tyre trade and sales distribution;
- market drivers and restraints;
- regulatory policy;
- industry risk analysis;
- Qatar economic profile;
- market trends and developments;
- competitive landscape and strategic recommendations.
Leading companies profiled include: Michelin SCA, Good Year Tyre and Rubber Company, Bridgestone Corporation, Yokohama Rubber Company Limited, Falken Tyres, Pirelli & C SpA, Hankook Tire Worldwide Co. Ltd, Toyo Tyres, Continental AG.
Report Details:
Title: Qatar Automobile Tyre Market Forecast and Opportunities, 2018
Published:
March, 2013
Pages: 80
Price: US$ 1,800.00
http://marketpublishers.com/report/machinery/auto_parts/qatar-automobile-tyre-market-forecast-n-opportunities-2018.html
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