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!

Vietnam Tyre Market Set to Grow At Over 8% during 2014-19 Says TechSci Research - Vietnam emerging as a major consumer of tyre in Asia-Pacific on account of significant rubber resources and growing motorization level - TechSciResearch.com
Vietnam Tyre Market Set to Grow At Over 8% during 2014-19 Says TechSci Research

 

NewswireToday - /newswire/ - Burnaby, British Columbia, Canada, 2014/12/22 - Vietnam emerging as a major consumer of tyre in Asia-Pacific on account of significant rubber resources and growing motorization level - 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!


 

According to recently published TechSci Research report “Vietnam Tyre Market Forecast & Opportunities, 2019’’, the tyre market in Vietnam is forecast to grow at a CAGR of over 8% during 2014-19. Prominent factors driving the market include growing automobile sales, rising automobile fleet, favorable government policies and increasing foreign investments in the automotive sector. As per the Association of Natural Rubber Producing Countries (ANRPC), Vietnam is the third largest rubber producing nation worldwide. This, in turn, provides considerable opportunities to tyre manufacturers to increase production capacities and establish new manufacturing plantsin Vietnam.

In 2013, two-wheeler tyre segment dominated the Vietnam tyre market with majority share, followed by passenger car and commercial vehicle & OTR tyre segments. In passenger car tyre segment, the sales of Sedan and SUV tyres was pegged higher than Hatchback and Hybrid care tyres.Vietnam mostly imports automobile tyres from ASEAN countries such as Thailand, Indonesia, China and Japan. Thailand remained the largest exporter of tyres for Vietnam in 2013, followed by Japan, China and Indonesia. These countries cumulatively accounted for around 72% of the total tyre imports in the country in the same year. Tyres produced in Vietnam are exported to countries like the US, Malaysia, Saudi Arabia and Brazil among others.

“Southern Vietnam comprising Ho Chi Minh City, Can Tho and Bien Hoa cities is the most dominating region for tyre sales in Vietnam, accounting for about 41% of the total sales volume in the country. Bridgestone, Michelin and DRC are the top tyre brands and are expected to lead the market during the forecast period in spite of competition from other players, due to their high quality and brand availability.”, said Mr. Karan Chechi, Research Director with TechSci Research, a research based global management consulting firm.

“Vietnam Tyre Market Forecast & Opportunities, 2019” has evaluated the future growth potential of tyre market in Vietnam and provides statistics and information on market structure, exports and future growth potential. The report is intended to provide cutting-edge market intelligence and help decision makers in taking sound investment evaluation. Besides, the report also identifies and analyzes the emerging trends along with essential drivers, challenges and opportunities available in the tyre market in Vietnam.

 
 
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!


Vietnam Tyre Market Set to Grow At Over 8% during 2014-19 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: Ken Mathews - TechSciResearch.com 
+91 12 04316223 ken.mathews[.]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:

Connected Truck Telematics Providers Focus on Partnerships to Keep Pace with Digital Transformation Finds Frost & Sullivan
MAN and CNL to Bring eTrucks to Our Roads
Automotive OEMs Prepare for 48v Power-net, Fuelled by Autonomous Driving and Stringent Emission Norms Finds Frost & Sullivan
Automotive OEMs Standardise Testing and Explore Alternative Powertrains to Comply with RDE Deadlines Finds Frost & Sullivan
Infiltration of New Green MD-HD Trucks and Buses Set to Transform North American & European Hybrid-Electric Truck & Bus Market Finds Frost & Sullivan
Disruptive Impact of Global LNG Trade Fuels Growth Opportunities in the Medium-heavy Duty CNG and LNG Truck Market Finds Frost & Sullivan
Positive Outlook for the Indonesian Automotive Market Reports Frost & Sullivan
Fully Autonomous Vehicles Spur LIDAR Sensors Mass Adoption Finds Frost & Sullivan
Vehicle Financing Market - New Business Strategies Steer Rapid Growth Opportunities Finds Frost & Sullivan
Latin American OEMs Focus on Advanced Automotive Features to Trigger New Growth Opportunities Finds Frost & Sullivan
Truck Digitisation and Tech Developments in Freight will Boost Europe’s Commercial Vehicle Telematics Market Reports Frost & Sullivan
Collaborations with Technology Providers Offer European Automotive OEMs New Growth Opportunities Finds Frost & Sullivan
MAN Makes Inroads in Mexico
Interstate Batteries Takes Top Honors in Product Leadership for Overall Best Automotive Battery
The NEOPLAN Skyliner Has Been Awarded The ‘International Busplaner Sustainability Prize 2017’

Boost Your Social Network
& Crowdfunding Campaigns


LIFETIME SOCIAL MEDIA WALL
NewswireToday Celebrates 10 Years in Business


PREMIUM Members


Visit  La Bella Bakery Artisan Bakery Arizona

Visit  Al Rowaad Advocates & Legal Consultants





 
  ©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)