Product Code: ETC7544992 | Publication Date: Sep 2024 | Product Type: Market Research Report | |
Publisher: 6Wresearch | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
The India heavy-duty tire market import shipment demonstrated a significant decline with a CAGR of -21.6% from 2020 to 2024. However, there was a remarkable growth surge of 363.3% between 2023 and 2024, indicating a potential reversal or stabilization in the market trend after a period of contraction.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 India Heavy-Duty Tire Market Overview |
3.1 India Country Macro Economic Indicators |
3.2 India Heavy-Duty Tire Market Revenues & Volume, 2021 & 2031F |
3.3 India Heavy-Duty Tire Market - Industry Life Cycle |
3.4 India Heavy-Duty Tire Market - Porter's Five Forces |
3.5 India Heavy-Duty Tire Market Revenues & Volume Share, By Vehicle Type, 2021 & 2031F |
3.6 India Heavy-Duty Tire Market Revenues & Volume Share, By End-User, 2021 & 2031F |
4 India Heavy-Duty Tire Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growing demand for heavy-duty vehicles in industries such as construction, mining, and logistics. |
4.2.2 Increasing government investments in infrastructure development projects. |
4.2.3 Rise in e-commerce activities leading to higher demand for commercial vehicles. |
4.2.4 Technological advancements in tire manufacturing leading to improved durability and performance. |
4.2.5 Shift towards radial tires for heavy-duty vehicles due to their fuel efficiency and longer lifespan. |
4.3 Market Restraints |
4.3.1 Fluctuating raw material prices affecting tire manufacturing costs. |
4.3.2 Intense competition among tire manufacturers leading to pricing pressures. |
4.3.3 Impact of economic downturns on industrial activities and vehicle sales. |
4.3.4 Regulatory changes affecting the import/export of tires and related materials. |
4.3.5 Environmental concerns leading to a push for sustainable tire production practices. |
5 India Heavy-Duty Tire Market Trends |
6 India Heavy-Duty Tire Market, By Types |
6.1 India Heavy-Duty Tire Market, By Vehicle Type |
6.1.1 Overview and Analysis |
6.1.2 India Heavy-Duty Tire Market Revenues & Volume, By Vehicle Type, 2021- 2031F |
6.1.3 India Heavy-Duty Tire Market Revenues & Volume, By Construction Machinery, 2021- 2031F |
6.1.4 India Heavy-Duty Tire Market Revenues & Volume, By Mining Machinery, 2021- 2031F |
6.1.5 India Heavy-Duty Tire Market Revenues & Volume, By Agricultural Machinery, 2021- 2031F |
6.1.6 India Heavy-Duty Tire Market Revenues & Volume, By Industrial Vehicles, 2021- 2031F |
6.2 India Heavy-Duty Tire Market, By End-User |
6.2.1 Overview and Analysis |
6.2.2 India Heavy-Duty Tire Market Revenues & Volume, By OEM, 2021- 2031F |
6.2.3 India Heavy-Duty Tire Market Revenues & Volume, By Aftermarket, 2021- 2031F |
7 India Heavy-Duty Tire Market Import-Export Trade Statistics |
7.1 India Heavy-Duty Tire Market Export to Major Countries |
7.2 India Heavy-Duty Tire Market Imports from Major Countries |
8 India Heavy-Duty Tire Market Key Performance Indicators |
8.1 Average lifespan of heavy-duty tires in the Indian market. |
8.2 Adoption rate of radial tires compared to bias-ply tires. |
8.3 Percentage of heavy-duty vehicles equipped with retreaded tires. |
8.4 Rate of investment in RD for tire technology improvements. |
8.5 Number of new product launches in the heavy-duty tire segment with innovative features. |
9 India Heavy-Duty Tire Market - Opportunity Assessment |
9.1 India Heavy-Duty Tire Market Opportunity Assessment, By Vehicle Type, 2021 & 2031F |
9.2 India Heavy-Duty Tire Market Opportunity Assessment, By End-User, 2021 & 2031F |
10 India Heavy-Duty Tire Market - Competitive Landscape |
10.1 India Heavy-Duty Tire Market Revenue Share, By Companies, 2024 |
10.2 India Heavy-Duty Tire Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |