Asia Tire industry to reach USD 406,431.1 million by 2017

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Future Growth Led by Surging Sales in China, Automobile Production and Market of Green Tires.

Transcript of Asia Tire industry to reach USD 406,431.1 million by 2017

  • 1. 1 This is a licensed product of Ken Research and should not be copied

2. TABLE OF CONTENTS1. Asia Tire Industry Introduction1.1.Asia Tire Industry Market Size, 2008-20121.2.Asia Tire Industry Market Segmentation by Geography, 2008-20121.3.Asia Tire Industry Trend and DevelopmentsThe Onset of OutsourcingRising Attention to Tire LabelingSurging Market Share of Run Flat TiresAdvanced Innovation through Intelligent TiresGrowing Popularity of Super Single Tires with Wide Tire BaseReduced Weariness through Nitrogen InflationRising Penetration of Self Sealing and Wet Tires1.4.Asia Tire Industry Future Outlook and Projections, 2013-20172. China Tire Industry Introduction2.1.China Tire Industry Market Size 2.1.1. By Revenue and Production, 2006-20122.2.China Tire Market Segmentation 2.2.1. By Replacement, OEM and Exports, 2012 2.2.2. By Type of Vehicles, 2012 2.2.3. By Radial and Bias Tires, 20122.3.China Tire Exports 2.3.1. By Value, 2006-20122.4.Market Shares of Major Players in the China Tire Industry, 20122.5.China Tire Industry Trends and DevelpomentsEnergy Saving and Environment ProtectionTire Labeling2 This is a licensed product of Ken Research and should not be copied 3. Investment by MultinationalsEnd of Tire Tarrifs from the USStabilization Fund2.6.China Tire Industry Future Outlook and Projections, 2013-2017 2.6.1. Cause and Effect Relationship Analysis Of The China Tire Industry2.7.Company Profiles2.8.Macroeconomic Factors 2.8.1. Passenger Car and Commercial Vehicle Production in China, 2006-2017 2.8.2. Natural Rubber Production in China, 2006-2017 2.8.3. Population in China, 2006-2017 2.8.4. Personal Disposable Incomes in China, 2006-20173. Japan Tire Industry Introduction3.1.Japan Tire Industry Market Size By Revenue, 2008-20123.2.Japan Tire Market Segmentation 3.2.1. By Type of Vehicles, 2006-2012 3.2.2. By OEM, Replacement and Exports, 2006-2012 3.2.2.1. Japan OEM Tire Market Size and Segmentation by Vehicles, 2006-2012 3.2.2.2. Japan Replacement Tire Market Size and Segmentation by Vehicles, 2006- 20123.3.Japan Tire Exports by Value and Quantity, 2006-20123.4.Japan Tire Imports By Value, 2006-20123.5.Japan Used Tire Market 3.5.1. Japan Used Tire Market Size By Volume, 2007-2011 3.5.2. Japan Used Tire Market Segmentation 3.5.2.1. By Tire Replacement and Vechicle Scrapping, 2007-2011 3.5.2.2. By Reuse, heat Generation and Exports, 2007-20113.6.Market Shares of Major Players in the Japan Tire Industry, 2008-20123 This is a licensed product of Ken Research and should not be copied 4. 3.7.Japan Tire Industry Trends and DevelopmentsTire Labeling SystemRising Demand of Used TiresChanging Tire Manufacturing TrendRoad Sensing TechnologyThe Advent of Run Flat Tires3.8.Japan Tire Industry Future Outlook and Projections, 2013-2017 3.8.1. Cause and Effect Relationship Analysis of the Japan Tire Industry3.9.Company Profiles 3.9.1. Bridgestone 3.9.1.1. Business Overview 3.9.1.2. Financial Performance 3.9.1.3. Business StrategiesFocus on Horizontal and Vertical ExpansionFocus on Large and Ultra Large Tire SegmentFocus on Technlogically Superior Product Offerings 3.9.2. Sumitomo rubber 3.9.2.1. Business Overview 3.9.2.2. Financial Performance 3.9.2.3. Business StrategiesFocus on Eco-Friendly Tire MarketFocus on Global ExpansionResearch and Development Strategy 3.9.3. Yokohama 3.9.3.1. Business Overview 3.9.3.2. Financial Performance4 This is a licensed product of Ken Research and should not be copied 5. 3.9.3.3. Business StrategiesGlobalization StrategyFocus on Commercial TiresFocus on Increasing Production Capacity 3.9.4. Toyo Tire & Rubber 3.9.4.1. Business Overview 3.9.4.2. Financial Performance 3.9.4.3. Business StrategiesFocus on TechnologyExpansion StrategyBranding Strategy3.10. Macroeconomic Factors 3.10.1.Passenger Car and Commercial Vehicle Production in Japan, 2006-2017 3.10.2.Population in Japan, 2006-2017 3.10.3.Personal Disposable Incomes in Japan, 2006-2017 3.10.4.Natural Rubber Imports in Japan, 2006-20174. India Tire Industry Introduction4.1.India Tire Industry Market Size By Revenue, FY2006-FY20124.2.India Tire Exports By Quantity and Value, FY2006-FY20124.3.India Tire Imports By Value and Number of Units, FY2006-FY20124.4.India Tire Market Segmentation 4.4.1. By Type of Vehicles, FY2006-FY2012 4.4.2. By Replacement, OEM and Exports for Difffrent Vehicles, FY2011 4.4.3. By Level of Radialisation For Passenger and Commercial Vehicles, FY20124.5.Market Shares of Major Players in the India Tire Industry, FY2010-FY20124.6.India Tire Industry Trends and Developments5 This is a licensed product of Ken Research and should not be copied 6. Increasing RadialisationIncreased DumpingRetreadingGlobal ExpansionGreen TiresBackward IntegrationTubeless TiresAir Maintenance TechnologyVenture into Rural Markets4.7.India Tire Industry Future Outlook and Projections, FY2013-FY2017 4.7.1. Cause and Effect Relationship Analysis Of The India Tire Industry4.8.Company Profiles 4.8.1. MRF 4.8.1.1. Business Overview 4.8.1.2. Financial Performance 4.8.1.3. Business StrategiesFocus on Rubber Estate AcquisitionFocus on research and DevelopmentFocus on Radial and Special Application Tire Development 4.8.2. Apollo Tires 4.8.2.1. Business Overview 4.8.2.2. Financial Performance 4.8.2.3. Business StrategiesFocus on Customer EmpowermentFocus on Service and DeliveryExpansion Strategy6 This is a licensed product of Ken Research and should not be copied 7. 4.8.3. JK Tire4.8.3.1.Business Overview4.8.3.2.Financial Performance4.8.3.3.Business Strategies Focus on OEM Relationships Focus on Customer service Focus on Technology Focus on Brand Promotion4.8.4. Kesoram Industries Limited4.8.4.1.Business Overview4.8.4.2.Financial Performance4.8.4.3.Business Strategies Focus on Profitable Segments Focus on Passenger Radials and Export Market4.8.5. Ceat4.8.5.1.Business Overview4.8.5.2.Financial Performance4.8.5.3.Business Strategies Focus on Specific Tire Segments Focus on OEM Relationships and Distribution Research & Development Strategy Expansion Strategy4.8.6. Goodyear4.8.6.1.Business Overview4.8.6.2.Financial Performance4.8.6.3.Business Strategies7 This is a licensed product of Ken Research and should not be copied 8. research and DevelopmentFocus on Quality and Customer SatisfactionAlliance Strategy 4.8.7.TVS Srichakra 4.8.7.1.Business Overview 4.8.7.2.Financial Performance 4.8.7.3.Business StrategiesFocus on Brand Buildingresearch and Development StrategyExpansion Strategy 4.8.8.Falcon 4.8.8.1.Business Overview 4.8.8.2.Financial Performance 4.8.8.3.Business StrategiesFocus on CustomersExpansion StrategyFocus and Tubeless Tires 4.8.9.Balakrishna Industries 4.8.9.1.Business Overview 4.8.9.2.Financial Performance 4.8.9.3.Business StrategiesFocus on ExpansionFocus on Off-the-road Radial Tires4.9.Macroeconomic Factors 4.9.1.Population in India, FY2006-FY2017 4.9.2.Personal Disposable Income In India, FY2006-FY2017 8 This is a licensed product of Ken Research and should not be copied 9. 4.9.3. Passenger Car and Commercial Vehicle Production in India, FY2006-FY2017 .... 4.9.4. Natural Rubber Production in India, FY2006-FY20175. South Korea Tire Industry Introduction5.1.South Korea Tire Industry Market Size By Revenue and Production, 2006-20125.2.South Korea Tire Market Segmentation 5.2.1. By Export, Replacement and OEM, 2010-2012 5.2.2. By Passenger and Commercial Vehicles, 2006-20125.3.South Korea Tire Exports By Value, 2006-20125.4.South Korea Tire Imports By Value, 2006-20105.5.Market Shares of Major Players in the South Korea Tire Industry, 2006-20125.6.South Korea Tire Industry Trends and DevelopmentsTire LabelingEnvironment Friendly TiresTire Pressure Monitor System5.7.South Korea Tire Industry Future Outlook and Projections5.8.Company Profiles 5.8.1. Hankook 5.8.1.1. Business Overview 5.8.1.2. Financial Performance 5.8.1.3. Business StrategiesFocus on Research and DevelopmentMarketing Innovation StrategyFocus on Customer ServiceFocus on Relatoinships With Global OEMs 5.8.2. Kumho 5.8.2.1. Business Overview9 This is a licensed product of Ken Research and should not be copied 10. 5.8.2.2. Financial Performance 5.8.2.3. Business StrategiesSports Marketing StrategyFocus on CustomersExpansion Strategy 5.8.3. Nexen 5.8.3.1. Business Overview 5.8.3.2. Financial Performance 5.8.3.3. Business StrategiesSponsorship StrategyFocus on Capacity ExpansionFocus on Expanding OE Business5.9.Macroeconomic Factors 5.9.1. Passenger Car and Commercial Vehicle Production in South korea, 2006-2017 5.9.2. Population in South Korea, 2006-2017 5.9.3. Personal Disposable Incomes In South Korea, 2006-2017 5.9.4. South Korea Natural Rubber Imports, 2006-20176. Other Emerging Tire Markets6.1.Malaysia Tire Industry Introduction 6.1.1. Malaysia Tire Indsutry Market Size, 2006-2012 6.1.1.1. By Production, 2006-2012 6.1.1.2. By Revenue, 2006-2012 6.1.2. Malaysia Tire Imports and Exports, 2006-20126.2.Indonesia Tire Industry Introduction 6.2.1. Indosnesia Tire Industry Market Size By Sales, 2006-2012 6.2.2. Indonesia Tire Industry Segmentation by Replacement, OEM and Exports, 2009- 201010 This is a licensed product of Ken Research and should not be copied 11. 6.2.3. Competitve Landcsape of the Indonesia Tire Industry 6.2.3.1. Market Shares of Major Players in the Passenger Car Tire Segment, 2010- 2011 6.2.3.2. Market Shares of Major Players in the Motorcycle Tire Segment, 20117. Appendix7.1.Market Definitions7.2.Abbreviations7.3.Research MethodologyData Collection MethodsApproachVariables (Dependent and Independent)Final Conclusion7.4.Disclaimer11 This is a licensed product of Ken Research and should not be copied 12. LIST OF FIGURESFigure 1: Asia Tire Industry Market Size on the Basis of Revenue in USD Million, 2008-2012Figure 2: Asia Tire Market Segmentation on the Basis of Revenues from Different Countries inUSD Million in Percentage, 2008-2012Figure 3: Asia Tire Industry Future Projections on the Basis of Revenues in USD Million, 2013-2017Figure 4: China Tire Industry Market Size on the basis of Revenue in USD Million, 2006-2010Figure 5: China Tire Market Segmentation on the Basis of Revenues from Replacement, OEMand Exports in USD Million in Percentage, 2012Figure 6: China Tire Market Segmentation on the Basis of Revenues from Different VehicleSegments in Percentage, 2012Figure 7: China Tire Market Segmentation on the Basis of Radial and Bias Tire Production inPercentage, 2012Figure 8: China Tire Exports by Value in USD Million, 2006-2012Figure 9: Market Shares of Major Players in the China Tire Industry on the Basis of Revenue inPercentage, 2012Figure 10: China Tire Industry Future Projections on the Basis of Revenue in USD Million,2013-2017Figure 11: Passenger Car and Commercial Vehicle Production in China in Million Units, 2006-2017Figure 12: Natural Rubber Production in China in Thousand Tons, 2006-2017Figure 13: Population in China in Million, 2006-2017Figure 14: Personal Disposable Incomes in China in USD Million, 2006-2017Figure 15: Japan Tire Industry Market Size on the Basis of Revenues in USD Million andProduction in Million Units, 2008-2012Figure 16: Japan Tire Market Segmentation on the Basis of Production of Different Types ofVehicles in Million Units in Percentage, 2006-2012Figure 17: Japan Tire Market Segmentation on the Basis of Tire Sales through OEM,Replacement and Exports in Million Units in Percentage, 2006-2012Figure 18: Japan OEM Tire Market Size on the Basis of Sales in Million Units, 2006-201212 This is a licensed product of Ken Research and should not be copied 13. Figure 19: Japan Replacement Tire Market Size on the Basis of Sales in Million Units, 2006-2012Figure 20: Japan Tire Exports on the Basis of Units in Million and Value in USD Million, 2006-2012Figure 21: Japan Tire Imports on the Basis of Value in USD Million, 2006-2012Figure 22: Japan Used Tire Market Size on the Basis of Volume in Thousand Tons, 2007-2011Figure 23: Japan Used Tire market Segmentation on the Basis of Tire Replacement and VehicleScrapping in Million Units in Percentage, 2007-2011Figure 24: Japan Used Tire Market Segmentation on the Basis of Volume in Thousand Tons inPercentage, 2007-2011Figure 25: Market Shares of Major Players in the Japan Tire Industry on the Basis of Revenuesin USD Million in Percentage, 2008-2012Figure 26: Japan Tire Industry Future Projections on the Basis of Revenues in USD Million,2013-2017Figure 27: Bridgestones Revenues from Tire Sales in Japan in USD Million, 2008-2012Figure 28: Sumitomo Rubbers Revenues from Tire Sales in Japan in USD Million, 2008-2012Figure 29: Yokohamas Revenues from Tire Sales in Japan in USD Million, 2008-2012Figure 30: Toyos Revenues from Tire Sales in Japan in USD Million, 2008-2012Figure 31: Passenger Car and Commercial Vehicle Production in Japan in Units, 2006-2017Figure 32: Population in Japan in Million, 2006-2017Figure 33: Personal Disposable Incomes in Japan in USD Million, 2006-2017Figure 34: Natural Rubber Imports in Japan in USD Million, 2006-2017Figure 35: India Tire Industry Market Size on the Basis of Revenue in USD Million andProduction in Million Units, FY2006-FY2012Figure 36: India Tire Exports on the Basis of Units in Million and Value in USD Million,FY2006-FY2012Figure 37: India Tire Imports on the Basis of Units in Million and Value in USD Million,FY2006-FY2012Figure 38: India Tire Market Segmentation on the Basis of Production of Tires for DifferentVehicles in Million Units in Percentage, FY2006-FY2012 13 This is a licensed product of Ken Research and should not be copied 14. Figure 39: India Tire Market Segmentation on the Basis of Tires Sales in Different Types ofVehicles in Percentage, FY2011Figure 40: India Tire Market Segmentation on the Basis of Level of Radialisation, FY2012Figure 41: India Tire Industry Future Projections on the Basis of Revenue in USD Million,FY2013-FY2017Figure 42: MRFs Revenues from Tire Sales in India in USD Million, FY2010-FY2012Figure 43: Apollos Revenues from Tire Sales in India in USD Million, FY2006-FY2012Figure 44: JK Tires Revenues from Tire Sales in India in USD Million, FY2010-FY2012Figure 45: Kesorams Revenues from Tire Sales in India in USD Million, FY2010-FY2012Figure 46: Ceats Revenues from Tire Sales in India, FY2010-FY2012Figure 47: Goodyears Revenues from Tire Sales in India, FY2010-FY2012Figure 48: TVS Srichakras Revenues from Tire Sales in India in USD Million, FY2008-FY2012Figure 49: Falcons Revenues from Tire Sales in India in USD Million, FY2010-FY2012Figure 50: Balakrishna Industries Revenues from Tire Sales in India, FY2010-FY2012Figure 51: Population in India in Million, FY2006-FY2017Figure 52: Personal Disposable Income in India in USD Billion, FY2006-FY2017Figure 53: Passenger Car and Commercial Vehicle Production in India in Units in Million,FY2006-FY2017Figure 54: Natural Rubber Production in India in Thousand Tons, FY2006-FY2017Figure 55: South Korea Tire Industry Market Size on the Basis of Revenue in USD Million andProduction in Million Units, 2006-2012Figure 56: South Korea Tire Market Segmentation on the Basis of Sales to OEM, Replacementand Exports in Million Units in Percentage, 2010-2012Figure 57: South Korea Tire Market Segmentation on the Basis of Tire Sales in Passenger Carsand Commercial Vehicles in Million Units in Percentage, 2006-2012Figure 58: South Korea Tire Exports on the Basis of Value in USD Million, 2006-2012Figure 59: South Korea Tire Imports on the Basis of Value in USD Million, 2006-201214 This is a licensed product of Ken Research and should not be copied 15. Figure 60: Market Shares of Major Players in the South Korea Tire Industry on the Basis ofRevenues in USD Million in Percentage, 2006-2012Figure 61: Hankooks Revenues from Tire Sales in South Korea in USD Million, 2006-2012Figure 62: Kumhos Revenues from Tire Sales in South Korea in USD Million, 2006-2012Figure 63: Nexens Revenues from Tire Sales in South Korea in USD Million, 2006-2012Figure 64: Passenger Car and Commercial Vehicle Production in South Korea, 2006-2017Figure 65: Population in South Korea in Million, 2006-2017Figure 66: Personal Disposable Incomes per Household in South Korea in USD, 2006-2017Figure 67: South Korea Natural Rubber Imports in USD Million, 2006-2017Figure 68: Malaysia Tire Industry Market Size on the Basis of Production in Million Units andUSD Million, 2006-2012Figure 69: Malaysia Tire Industry Market Size on the Basis of Revenue in USD Million, 2006-2012Figure 70: Malaysia Tire Imports and Exports by Value in USD Million, 2006-2012Figure 71: Indonesia Tire Industry Market Size on the Basis of Tire Sales in Million Units, 2006 -2012Figure 72: Indonesia Tire Market Segmentation on the Basis of Sales to Replacement, OEM andExports in Million Units in Percentage, 2009-2010Figure 73: Market Shares of Major Players in the Indonesia Passenger Car Tire Market on theBasis of Revenue in USD Million in Percentage, 2010-2011Figure 74: Market Shares of Major Players in the Indonesia Motorcycle Tire Market on the Basisof Revenue in USD Million in Percentage, 201115 This is a licensed product of Ken Research and should not be copied 16. LIST OF TABLESTable 1: Cause and Effect Relationship Analysis between Industry Factors and Expected TireIndustry Market Prospects in ChinaTable 2: Company Profiles of Major Players in the China Tire IndustryTable 3: Japan OEM Tire Market Segmentation by Vehicles on the Basis of Tire Sales in MillionUnits in Percentage, 2006-2012Table 4: Japan OEM Tire Market Segmentation by Vehicles on the Basis of Tire Sales in MillionUnits, 2006-2012Table 5: Japan Replacement Tire Market Segmentation by Vehicles on the Basis of Sales inMillion Units in Percentage, 2006-2012Table 6: Japan Replacement Tire Market Segmentation by Vehicles on the Basis of Sales inMillion Units, 2006-2012Table 7: Japan Tire Exports Segmentation by Vehicles on the Basis of Revenues from DifferentVehicle Categories in USD Million, 2006-2012Table 8: Japan Used Tire Application in Heat Utilization on the Basis of Volume in ThousandTons, 2007-2011Table 9: Japan Used Tire Exports on the Basis of Volume in Thousand Tons, 2007-2011Table 10: Japan Tire Reuse on the Basis of Volume in Thousand Tons, 2007-2011Table 11: Revenues of Major Players in the Japan Tire Industry in USD Million, 2008-2012Table 12: Cause and Effect Relationship Analysis between Industry Factors and Expected TireIndustry Market Prospects in JapanTable 13: Major Tire Brands Offered by BridgestoneTable 14: Popular Tire Brands offered by YokohamaTable 15: India Tire Exports by Vehicles in Million Units, FY2006-FY2012Table 16: Indias Top 10 Tire Export Destinations on the Basis of Revenue in USD Million,FY2012Table 17: Major Countries for Indias Tire Imports on the Basis of Value in USD Million,FY2012Table 18: India Tire Market Segmentation on the Basis of Production of Tires for DifferentVehicles in Million Units, FY2006-FY201216 This is a licensed product of Ken Research and should not be copied 17. Table 19: Market Shares of Major Players in the India Tire Industry on the Basis of Revenues inUSD Million in Percentage, FY2010-FY2012Table 20: Revenues of Major Players in the India Tire Industry in USD Million, FY2010-FY2012Table 21: Cause and Effect Relationship Analysis between Industry Factors and Expected TireIndustry Market Prospects in ChinaTable 22: Major Tire Brands Offered by MRF in Various OEM CategoriesTable 23: Major Brands Offered by Apollo for Different Vehicle CategoriesTable 24: Major Tire Brands offered by JK Tire by Different OEMsTable 25: Major Tire Brands offered by Ceat by Different Vehicle CategoriesTable 26: Major Tire Brands offered by Goodyear by Different Vehicle CategoriesTable 27: South Korea Tire Market Segmentation on the Basis of Sales in Million Units, 2010-2012Table 28: South Korea Tire Market Segmentation on the Basis of Tire Sales of Passenger Carsand Commercial Vehicles in Million Units, 2006-2012Table 29: Revenues of Major Players in the South Korea Tire Industry in USD Million, 2006-2012Table 30: South Korea Tire Industry Future Projections on the Basis of Revenue in USD Million,2013-2017Table 31: Tire Brands Offered by Hankook in Various Vehicle CategoriesTable 32: Tire Brands Offered by Kumho in Various Vehicle CategoriesTable 33: Tire Brands Offered by Nexen in Various Vehicle CategoriesTable 34: Correlation Matrix of the India Tire IndustryTable 35: Regression Coefficients Output17 This is a licensed product of Ken Research and should not be copied 18. ASIA TIRE INDUSTRY MARKET SIZE, 2008-2012Tire industry in Asia registered revenues of USD ~ million in 2012, having grown by ~% fromUSD ~ million in 2011. The revenues in 2012 were led by tire sales in China, which recordedUSD ~ million from domestic tire sales. Japan accounted for ~% of the total tire revenues in Asiain 2012, followed by India and South Korea with shares of ~% and ~% respectively. Amongstthe primary tire producing nations, South Korea slowing growth in the Japanese and South Korean tire sector, China and India tire marketexpanded by ~% and ~% respectively in 2009Tire industry in Asia has grown from USD 54,214.8 million in 2008 to USD ~ million in 2012,with a CAGR of 22.0% over 2008-2012.Figure: Asia Tire Industry Market Size on the Basis of Revenue in USD Million, 2008-20121,40,000.01,20,000.01,00,000.0USD Million80,000.060,000.040,000.020,000.0 0.0 2008 2009 20102011201218 This is a licensed product of Ken Research and should not be copied 19. CHINA TIRE MARKET SEGMENTATIONBY TYPE OF VEHICLES, 2012Passenger cars accounted for the largest share of revenues from the tire industry in China,showcasing a percentage contribution of ~% in 2012. The production of passenger cars grew by7.2% to a total of ~ units in 2012 Other segments included industrial vehicles and off-the road vehicles with share contributionof 7.1% and 6.8% respectively in 2012.Figure 1: China Tire Market Segmentation on the Basis of Revenues from DifferentVehicle Segments in Percentage, 2012Passenger CarTruck & BusAgricultural VehiclesMotorcycleIndustrial VehiclesOff the RoadOthers19 This is a licensed product of Ken Research and should not be copied 20. MARKET SHARES OF MAJOR PLAYERS IN THE JAPAN TIREINDUSTRY, 2008-2012..Sumitomo Rubber was the second largest tire manufacturer in Japan and held a market share of~% in 2012 through its operations in the domestic tire market. Although the company witnesseda growth in its revenues, the overall market share declined from ~% in 2011. Sumitomos tirebusiness was severely along with an array of several unorganized players, comprised of the rest of the tire market inJapan in 2012.Figure: Market Shares of Major Players in the Japan Tire Industry on the Basis ofRevenues in USD Million in Percentage, 2008-2012 100.0% 90.0% 80.0% 70.0% Percentage(%) 60.0% 50.0% 40.0% 30.0% 20.0% 10.0%0.0% 20082009 2010 2011 2012Bridgestone Sumitomo RubberYokohama Toyo Tyre Others 20 This is a licensed product of Ken Research and should not be copied 21. Table 1: Revenues of Major Players in the Japan Tire Industry in USD Million, 2008-2012Company20082009 2010 2011 2012BridgestoneSumitomo RubberYokohamaToyo TireOthersTotalINDIA TIRE INDUSTRY MARKET SIZE BY REVENUE, FY2006-FY2012The tire industry in India registered revenues of USD ~ million in FY2012, growing by 10.7%from FY2011. The financial year 2012 was principally difficult on account of the retardedindustrial activity, elevated capital outflow, augmented inflationFigure: India Tire Industry Market Size on the Basis of Revenue in USD Million andProduction in Million Units, FY2006-FY201210,000.0 140.0 9,000.0 120.0 8,000.0 7,000.0 100.0USD Million 6,000.0Million Units 80.0 5,000.0 4,000.0 60.0 3,000.0 40.0 2,000.0 20.0 1,000.0 0.0 0.0 FY2006 FY2007FY2008FY2009FY2010 FY2011FY2012 USD MillionMillion Units21 This is a licensed product of Ken Research and should not be copied 22. INDIA TIRE MARKET SEGMENTATIONBY TYPE OF VEHICLES, FY2006-FY2012The production of tires for motorcycles dominated the total tire production in India in FY2012,with a share of ~%. The motorcycle segment has been comparatively less impacted by increasinginterest rates, owing to its narrow dependence on organized financing.Figure 2: India Tire Market Segmentation on the Basis of Production of Tires for DifferentVehicles in Million Units in Percentage, FY2006-FY2012100.0%90.0%80.0%70.0%60.0% Percentage (%)50.0%40.0%30.0%20.0%10.0% 0.0% FY2006 FY2007 FY2008 FY2009FY2010FY2011FY2012Motor Cycle Passenger CarScooter / MopedTruck & Bus Light Commercial Vehicle TractorsOthers22 This is a licensed product of Ken Research and should not be copied 23. Table 2: India Tire Market Segmentation on the Basis of Production of Tires for DifferentVehicles in Million Units, FY2006-FY2012CategoryFY2006 FY2007 FY2008 FY2009 FY2010 FY2011 FY2012Motor CyclePassenger CarTruck & BusScooter / MopedLight CommercialVehicleTractorsOthersMARKET SHARES OF MAJOR PLAYERS IN THE SOUTH KOREATIRE INDUSTRY, 2006-2012The South Korean tire industry has principally been an oligopolistic market with the three tiremanufacturers including Hankook Tire, Kumho Tire and Nexen Tire accounting for more than~% of the revenuesFigure: Market Shares of Major Players in the South Korea Tire Industry on the Basis ofRevenues in USD Million in Percentage, 2006-2012100.0% 80.0% Percentage (%) 60.0% 40.0% 20.0%0.0% 2006 2007 20082009 201020112012 Hankook Kumho Tires Nexen 23 This is a licensed product of Ken Research and should not be copied 24. Table: Revenues of Major Players in the South Korea Tire Industry in USD Million, 2006-2012Company2006 2007 2008 2009 20102011 2012HankookKumho TiresNexenOthersTotalMALAYSIA TIRE IMPORTS AND EXPORTS, 2006-2012Historically, Malaysias domestic tire consumption has been largely dependent on imports whileexports of tires have been comparatively lower. Due to the lack of a large base of domestic tiremanufacturers, a largeFigure: Malaysia Tire Imports and Exports by Value in USD Million, 2006-2012500.0450.0400.0350.0USD Million300.0250.0200.0150.0100.0 50.00.020062007 20082009 20102011 2012 ImportsExports 24 This is a licensed product of Ken Research and should not be copied 25. MARKET SHARES OF MAJOR PLAYERS IN THE MOTORCYCLE TIRESEGMENT, 2011Gajah Tunggal dominated the motorcycle tire segment in Indonesia accounting for ~% of themarket in 2011. The companys strong relationships and supplies of tires to premier motorcyclemanufacturers such as Yamaha as well as exceptional performance in the replacement tires formotorcycle has positioned it as industrial tires, lawn mower, garden and turf tires, high speedtrailer tires, agricultural and tractor tires, accounted for a ~% share of the total tire revenues inIndonesia, followed by Surbhaya Kencana with ~% in 2011..Figure: Market Shares of Major Players in the Indonesia Motorcycle Tire Market on theBasis of Revenue in USD Million in Percentage, 2011 Gajah Tunggal Suryaraya Rubberindo Multistarda Industri Karet Deli Sumitomo Rubber Banteng Pratama Surbhaya Kencana Hung-A 25 This is a licensed product of Ken Research and should not be copied 26. DISCLAIMERThe research reports provided by Ken Research are for the personal information of theauthorized recipient and is not for public distribution and should not be reproduced orredistributed without prior permission. 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