Passenger Car Tire Market in Mexico 2015-2019
About Passenger Car Tire Market in Mexico
Mexico was the fourth largest passenger car market in the Americas in 2014. In 2011, Mexico had 195 passenger cars per 1,000 people, indicating enormous potential for passenger car sales. The country's GNI per capita (PPP) increased by 37.11%, from $11,750 in 2005 to $16,110 in 2013. Furthermore, in 2014, the country had about 26.34 million passenger cars in use the same year. The commercial viability of the industry also translated into the well-being of associated markets such as the tire market.
The market comprises prominent tire manufacturers, such as Michelin, Bridgestone, Toyo Tire, Yokohama, Goodyear, and Continental Tires; and also established automobile manufacturers, such as Ford, General Motors, Honda, Mercedes-Benz, and Toyota. The tire market in Mexico has witnessed growth over the past decade.
Technavio's analysts forecast the passenger car tire market in Mexico to grow at a CAGR of 5.92% over the period 2014-2019.
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Covered in this Report
This report covers the present scenario and the growth prospects of the passenger car tire market in Mexico for the period 20152019. The report provides forecasts and analyses of the market in terms of volume.
We also present the vendor landscape and a corresponding detailed analysis of the prominent vendors in the passenger car tire market in Mexico. In addition, the report includes the major drivers that are influencing the growth of the passenger car tire market in Mexico. It also outlines the challenges faced by the vendors and the market at large, as well as the key trends emerging in the market.
Technavio's report, Passenger Car Tire Market in Mexico 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. It covers the landscape of the passenger car tire market in Mexico and its growth prospects in the coming years. The report also includes a discussion on the key vendors operating in this market.
Prominent Vendors
Alliance Tire Group
Bridgestone Americas Tire Operations
Continental Tire the Americas
Toyo Tyre & Rubber
Yokohama Rubber
Market Driver : Increasing Investments in Automotive Industry
Market Challenge : Dependence on Natural Rubber Imports
Market Trend : Development of Alternative Sources of Natural Rubber
Table of Content :
PART 01: Executive summary
Highlights
PART 02: Scope of the report
Market overview
Top-vendor offerings
PART 03: Market research methodology
Research methodology
Economic indicators
PART 04: Introduction
Key market highlights
PART 05: Market landscape
Market overview
Structure of SCADA systems
Market size and forecast
Five forces analysis
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