Mexico Tyre Market Forecast and Opportunities, 2020

  • Industry : Automotive
  • Pages : 85
  • Published Date : October, 2015
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Summary

Report Description

With a motorization rate (passenger cars and commercial vehicles)of more than 290 vehicles per 1,000 individuals in 2014, the automobile market in Mexico offers enormous growth potential, thereby promising significant demand for tires in the country over the course of next five years. On account of expanding fleet size and increasing sales of vehicles, along with rise in the production of automobiles, the country’s tire market is expected to grow during 2015 - 2020. The country’s vehicle fleet is dominated by passenger cars which has a share of more than 70% of the total vehicle fleet. This huge fleet size of passenger cars makes the passenger car tire segment dominate the country’s tire market. 

According to the TechSci Research report, “Mexico Tyre Market Forecast & Opportunities, 2020’’, the replacement tire market in Mexico accounted for around 60% of market share in 2014 and it is projected that the share of replacement segment would increase during the forecast period.Continental, Bridgestone, Cooper, Pirelli and J K Tornel operate their domestic tire manufacturing facilities in the country, while Michelin, Hankook, and Yokohama rely on the import route to sell tire in Mexico. The tire market in the country is dominated by passenger car tire segment, which captured a market share of more than 65% in 2014, followed by medium & heavy commercial vehicle tire segment, light commercial vehicle tire segment, OTR tire segment and two-wheeler tire segment. “Mexico Tyre Market Forecast & Opportunities, 2020” report elaborates following aspects of tire market in Mexico:
  • Mexico Tire Market Size, Share & Forecast
  • Segmental Analysis – Passenger Car Tires, Light Commercial Vehicle Tires, Medium & Heavy Commercial Tires, Two Wheeler Tires & OTR Tires
  • Policy & Regulatory Landscape
  • Changing Market Trends and Emerging Opportunities
  • Competitive Landscape and Strategic Recommendations
Why You Should Buy This Report?
  • To gain an in-depth understanding of tire market in Mexico
  • To identify the on-going trends and segment wise anticipated growth in the coming years
  • To help industry consultants, tire companies and other stakeholders to align their market-centric strategies
  • To obtain research based business decision and add weight to presentations and marketing materials.
  • To gain competitive knowledge of leading players
  • To avail 10% customization in the report without any extra charges and get the research data or trends added in the report as per the buyer’s specific needs
Report Methodology 

The information contained in this report is based on both primary and secondary sources. Primary research included interviews with tire companies, distributors, retailers and vehicle manufacturers/assemblers. Secondary research included an exhaustive search of relevant publications like company annual reports, financial reports and proprietary databases. 

Table of content

1.     Research Methodology

2.     Analyst View

3.     Product Overview

4.     Mexico Tyre manufacture Production Capacity

5.     Mexico Tyre Market Outlook

5.1.   Market Size & Forecast

5.1.1. By Value & Volume

5.2.   Market Share & Forecast

5.2.1. By Vehicle Type (MHCV, PC, OTR, LCV & Two Wheeler)

5.2.2. By Company

5.2.3. By Region

5.2.4. By Demand Category (OEM vs Replacement)

6.     Mexico Medium & Heavy Commercial (M&HCV) Tyre Market Outlook

6.1.   Market Size & Forecast

6.1.1. By Value & Volume

6.2.   Market Share & Forecast

6.2.1. By Vehicle Type

6.2.2. By Demand Category (OEM vs Replacement)

7.     Mexico Passenger Car (PC) Tyre Market Outlook

7.1.   Market Size & Forecast

7.1.1. By Value & Volume

7.2.   Market Share & Forecast

7.2.1. By Vehicle Type

7.2.2. By Demand Category (OEM vs Replacement)

8.     Mexico Off-the Road (OTR) Tyre Market Outlook

8.1.   Market Size & Forecast

8.1.1. By Value & Volume

9.     Mexico Light Commercial Vehicle (LCV) Tyre Market Outlook

9.1.   Market Size & Forecast

9.1.1. By Value & Volume

9.2.   Market Share & Forecast

9.2.1. By Vehicle Type

9.2.2. By Demand Category (OEM vs Replacement)

10.  Mexico Two-Wheeler (2W) Tyre Market Outlook

10.1.   Market Size & Forecast

10.1.1.    By Value & Volume

11.  Import-Export Analysis

12.  Market Dynamics

12.1.  Drivers

12.2.  Challenges

13.  Market Trends & Developments

14.  Policy & Regulatory Landscape

15.  Mexico Economic Profile

16.  Competitive Landscape

16.1.  Pirelli Neumáticos de México, S.A. de C.V.

16.2.  Tornel Enterprises Ltd. (J K Tyre)

16.3.  Michelin Industrias, S.A. de C.V.

16.4.  Goodyear Commercial Services, S. de RL de CV

16.5.  Bridgestone de México, S.A. de C.V.

16.6.  Continental Tire de México S.A. de C.V.

16.7.  Hankook Tire Co.

16.8.  Cooper Tire & Rubber Co. de Mexico SA de CV

16.9.  Yokohama Tire Mexico (YTMX)

16.10.  Sumitomo Tyres

17.  Strategic Recommendations

 


Figures and Tables

List of Figures

 

Figure 1: Mexico Tyre Market Size, By Value (USD Million), By Volume (Million Units), 2010-2020F

Figure 2: Mexico Tyre Market Share, By Vehicle Type, By Volume, 2010-2020F

Figure 3: Mexico Tyre Market Share, By Company, 2014-2020F

Figure 4: Mexico Tyre Market Share, By Region, By Volume, 2014 & 2020F

Figure 5: Mexico Tyre Market Share, By Demand Category, By Volume, 2014-2020F

Figure 6: Mexico Medium & Heavy Commercial Vehicle Tyre Market Size, By Value (USD Million), By Volume (Million Units), 2010-2020F

Figure 7: Mexico Medium & Heavy Commercial Vehicle Tyre Market Share, By Vehicle Type, By Volume, 2010-2020F

Figure 8: Mexico Medium & Heavy Commercial Vehicle Tyre Market Share, By Demand Category, By Volume, 2014-2020F

Figure 9: Mexico Passenger Car Tyre Market Size, By Value (USD Million), By Volume (Million Units), 2010-2020F

Figure 10: Mexico Passenger Car Tyre Market Share, By Vehicle Type, By Volume, 2010-2020F

Figure 11: Mexico Passenger Car Tyre Market Share, By Demand Category, By Volume, 2014-2020F

Figure 12: Mexico OTR Tyre Market Size, By Value (USD Million), By Volume (Million Units), 2010-2020F

Figure 13: Mexico Light Commercial Vehicle Tyre Market, By Value (USD Million), By Volume (Million Units), 2010-2020F

Figure 14: Mexico Light Commercial Vehicle Tyre Market Share, By Vehicle Type, By Volume, 2010-2020F

Figure 15: Mexico Light Commercial Vehicle Tyre Market Share, By Demand Category, By Volume, 2014-2020F

Figure 16:Mexico Two Wheeler Tyre Market Size, By Value (USD Million), By Volume (Million Units), 2010-2020F

Figure 17: Mexico Tyre Imports & Exports, By Volume, 2010-2014 (Million Units)

 

List of Tables

 

Table 1: Mexico Medium & Heavy Commercial Vehicle Production, By Volume, 2010–2014 (Units)

Table 2: Mexico Commercial Vehicle Sales, By Volume, 2010–2014 (Units)

Table 3:Mexico Passenger Car Production, By Volume, 2010–2014 (Units)

Table 4: Mexico Passenger Car Sales, By Volume, 2010–2014 (Units)

Table 5: Mexico Passenger Car Fleet Size, By Volume, 2010–2014 (Units)

Table 6: MexicoLight Commercial Vehicle Production, By Volume, 2010–2014 (Units)

Table 7: Mexico Commercial Vehicle Fleet Size, By Volume, 2010–2014 (Units)

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