Research and Markets (http://www.researchandmarkets.com/research/m3s47m/taiwan_tyre) has announced the addition of the "Taiwan Tyre Market Forecast and Opportunities, 2020" report to their offering.

Taiwan's tyre market is forecast to increase at a CAGR of more than 4% during 2015-20

High vehicle ownership, increasing demand for better quality tyres and introduction of electric vehicles are expected to influence the country's tyre market in the coming years. The motorcycle tyre market is the most dominant tyre segment, followed by passenger car tyre market, commercial vehicle tyre market and OTR tyre market. Moreover, the replacement tyre segment dominates the overall Taiwanese tyre market due to high motorization rate in the country. Cheng Shin Rubber (Maxxis), Kenda, Federal, and Nankang are among the leading companies operating in the tyre market of Taiwan.

Taiwan has emerged as one of the most promising markets for automotive manufacturers with soaring domestic sales and exports over the past decade. Taiwan has one of the highest vehicle ownerships in the world, with 676 motorcycles for every thousand persons and 324 cars per thousand individuals in the country which is in turn driving the market for related products such as Tyres.

In 2013, Taiwan's tyre exports were more than the total domestic tyre sales, in volume terms, with passenger car tyre exports accounting for about 72% of the overall tyre export share. Though automobile exports have increased over the last five years, the growth in exports is limited owing to dependency of Taiwanese auto-manufacturers on Japanese auto-firms.

Changing Market Trends & Emerging Opportunities

  • Growth in Retread Tyre Market
  • Growth of Intelligent Electric Vehicles
  • Recycling And Handling Of Waste tyres
  • Increasing Tyre Exports

Key Topics Covered:

1. Research Methodology

2. Analyst View

3. Product Overview

4. Taiwan Tyre Market Outlook

5. Taiwan Passenger Car Tyre Market Outlook

6. Taiwan Commercial Vehicle Tyre Market Outlook

7. Taiwan Two-Wheeler Tyre Market Outlook

8. Taiwan OTR Tyre Market Outlook

9. Taiwan Tyre Market Raw Material Analysis

10. Tyre Trade Analysis

11. Market Dynamics

12. Market Trends & Developments

13. Policy & Regulatory Landscape

14. Taiwan Economic Profile

15. Competitive Landscape

16. Strategic Recommendations

Companies Mentioned

  • Bridgestone Taiwan Co., Ltd.
  • Cheng-Shin Rubber Ind. Co., Ltd.
  • Federal Corporation
  • Good Year Taiwan Limited
  • Hwa Fong Rubber Ind. Co., Ltd
  • Kenda Industrial Co., Ltd.
  • Nankang Rubber tyre Corp., Ltd.
  • Seven Stars Rubber Co., Ltd.
  • Taiwan Michelin tyre Co.

For more information visit http://www.researchandmarkets.com/research/m3s47m/taiwan_tyre