PRTODAY / NewswireToday Free press release distribution service network

Written by / Agency / Source: TechSci Research

Check Ads Availability|e-mail Article


Are you the owner of this article?, Turn it PREMIUM with your LOGO instead - and make it 3rd party Ads-Free! within the next hour!

Nizhnekamskshina to Lead Russian Tyre Market by FY’14 Says TechSci Research - Cheaper manufacturing cost, increasing demand for premium tyres, increasing number of automobiles on Russian roads and Sibur getting sold will lead Nizhnekamskshina in the years to come - TechSciResearch.com
Nizhnekamskshina to Lead Russian Tyre Market by FY’14 Says TechSci Research

 

NewswireToday - /newswire/ - Noida, Uttar Pradesh, India, 2012/03/01 - Cheaper manufacturing cost, increasing demand for premium tyres, increasing number of automobiles on Russian roads and Sibur getting sold will lead Nizhnekamskshina in the years to come - TechSciResearch.com.

   
 
Your Banner Ad Here instead - Showing along with ALL Articles covering Automotive/Trucking/RV Announcements

Replace these Affiliate Programs at ANYTIME! Your banner here within the next hour. Learn How!


 

Russian tyre industry is clearly one of the fastest growing markets globally. Strong developments in almost all major automobile segments have infused tyre demand in the country. Additionally, tyre manufacturers are ramping up their production capacities in line with the growing automobile sales. These capacity expansion plans will ultimately result in high tyre production, which is expected to grow at a CAGR of over 16% during FY’ 2011-17.

According to research report “Russian Tyre Market Forecast and Opportunities 2017” by TechSci Research (techsciresearch.com), Nizhnekamskshina would lead the Russian tyre market as the total tyre market turnover in Russia will surpass USD 9,650 Million by FY’14. With Sibur getting sold out in 4Q 2011, Nizhnekamskshina is all set to lead the Russian tyre market which was considered as the only closest competitor. In 2009, Nizhnekamskshina held 15% share alone preceding Sibur with 17.9% market share. Nizhnekamskshina caters to almost all the available segments including Passenger cars, LCV, commercial vehicles, agricultural as well as industrial vehicles which form most of the Russian tyre market.

“With expanding Russian economy, tyre industry is all set to grow in coming years. It is anticipated that Nizhnekamskshina would lead the market by 2014. The increasing automobile sales in Russia have boosted the market for premium tyres. Russia is emerging as a new home for many global tyre manufacturers because of the benefits offered by the government like cheaper raw material, low energy cost, tax benefits, etc.” said Karan Chechi, Research Director at TechSci Research.

By 2017, automobile production in Russia is expected to reach 4.36 Million units where the production’s major share would be led by local foreign companies only. It is anticipated that with increasing automobile production, tyre sales will also grow in OEM segment, said Chechi.

“Russian Tyre Market Forecast and Opportunities 2017” gives detailed and unprejudiced overview on the tyre market in Russia. This report helps reader to identify the ongoing trends in the industry and anticipated growth in future depending upon changing industry dynamics in coming years. The report will help industry consultant, tyre manufacturers and other stakeholders to align their market centric strategies according to ongoing and expected trends in future.

 
 
Your Banner Ad Here instead - Showing along with ALL Articles covering Automotive/Trucking/RV Announcements

Replace these Affiliate Programs at ANYTIME! Your banner here within the next hour. Learn How!


 

Written by / Agency / Source: TechSci Research

 
 

Availability: All Regions (Including Int'l)

 

Traffic Booster: [/] Quick Newswire Today Visibility Checker

 

Distribution / Indexing: [+]

 
 
# # #
 
 
  Your Banner Ad showing on ALL
Automotive/Trucking/RV articles,
CATCH Visitors via Your Competitors Announcements!


Nizhnekamskshina to Lead Russian Tyre Market by FY’14 Says TechSci Research

Company website links NOT available to basic submissions
It is OK to republish and/or LINK any newswire for any legitimate media purpose as long as you name Newswire Today and LINK as the source.
 
  Is this your article?
Activate ALL web links and social stream by Upgrading to Press Release PREMIUM Plan Now!

|
Publisher Contact: Karan Chechi - TechSciResearch.com 
+91 12 04316223 info[.]techsciresearch.com
 
Newswire Today - PRZOOM / PRTODAY disclaims any content contained in this article. If you need/wish to contact the company who published the current release, you will need to contact them - NOT us. Issuers of articles are solely responsible for the accuracy of their content. Our complete disclaimer appears here.
IMPORTANT INFORMATION: Issuance, publication or distribution of this press release in certain jurisdictions could be subject to restrictions. The recipient of this press release is responsible for using this press release and the information herein in accordance with the applicable rules and regulations in the particular jurisdiction. This press release does not constitute an offer or an offering to acquire or subscribe for any TechSci Research securities in any jurisdiction including any other companies listed or named in this release.

Automotive/Trucking/RV via RSSAdd NewswireToday - PRZOOM Headline News to FeedBurner
Find who RetweetFollow @NewswireTODAY



Are you the owner of this article?, Turn it PREMIUM with your LOGO instead - and make it 3rd party Ads-Free! within the next hour!


Read Latest Articles From TechSci Research / Company Profile


Read Automotive/Trucking/RV Most Recent Related Newswires:

Car Washing System Market to Witness Comprehensive Growth by 2026 Reports Persistence Market Research
Autonomous and Connected Technologies to Decrease Transportation Costs to Under 1$ per Mile According to Frost & Sullivan
New Business Models and Aging Car Market Boost UK Automotive Aftermarket Finds Frost & Sullivan
Sales of Automotive Filters Set to Rake in US$ 17.6Bn by 2025 Reports Persistence Market Research
Voyages Emile Weber, Losch Luxembourg and MAN Collaborate on Emissions-free Public Transport System
Frost & Sullivan Announces Cooperation with Messe Frankfurt
The NEOPLAN Skyliner is Celebrating An Anniversary - 50 Years of The Double-decker Touring Coach
Hitachi Joins Shell Eco-marathon to Help #MaketheFuture
First MAN TGX PerformanceLine Edition Delivered - No 001 For BFS/Stegmaier Group
New Business Models and Service Expansion in European Automotive Aftermarket eRetail Strengthen Growth Opportunities Finds Frost & Sullivan
Vehicle Parc and Market Dynamics Transform KSA Automotive Aftermarket, Forcing Vendors to Change Their Business Approach
First MAN TGX EfficientLine 3 Goes to Spedition Hillert
NEOPLAN Tourliner Wins iF Design Award 2017
Field Testing the New MAN Six-cylinder Naturally Aspirated Engine for Cogeneration Systems
Turkish Medium- and Heavy-duty Truck Manufacturers to Increase Production Volumes and Quality to Meet Evolving User Demands Finds Frost & Sullivan

Boost Your Social Network
& Crowdfunding Campaigns


LIFETIME SOCIAL MEDIA WALL
NewswireToday Celebrates 10 Years in Business


PREMIUM Members


Visit  Persistence Market Research (P) Ltd

Visit  MagLar, Inc.





 
  ©2017 Newswire Today — Limelon Advertising, Co.
Home | About | Advertise/Pricing | Contact | Investors | Privacy/TOS | Sitemap | FRANCAIS
newswire, PR free press releases distribution service magazines engine news alert newsroom press room breaking news public relations articles company news alerts newswiredistribution ezine bizentrepreneur biznewstoday digital business report market search pr firms agencies reports distri-bution today investor relation successful internet entrepreneurs newswire distribution prtoday.com freenewswiredistribution asianewstoday bizwiretoday USA pr UK today - NOT affiliated with PRNewswire as we declined their partnership offer in 2013
 
PRTODAY & NewswireTODAY are NOT affiliated with USA TODAY (usatoday.com)