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Agriculture Tires Market in India 2015-2019

  • Published: May 2015
  • Pages: 76
  • SKU: IRTNTR5966
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About agriculture tires
Tires are an integral component of automobiles and are manufactured using raw materials such as natural rubber, nylon tire cord fabric, and carbon black. Rubber chemicals and synthetic rubber, including styrene-butadiene rubber and poly-butadiene rubber, are also used in manufacturing tires. Agriculture tires are used in different agriculture vehicles and equipment such as tractors, sowers, and harvesters. The use of advanced equipment has had a significant improvement on crop yield and, hence, is leading to cultivators and farmers increasingly using agriculture vehicles and equipment.
India has world's second largest population and world's fourth largest economy. The rapidly growing Indian economy has invoked interests among many investors worldwide, and significant amount of investments is flowing into the country. The agriculture sector in India is contributing considerably to the overall GDP of the country, along with the services and manufacturing (industry) sectors. In rural India, around 70% of the households depend on agriculture as their principal means of livelihood. Over the last few years, the agriculture tires market in India has been registering steady growth. There has been a rise in the mechanisation of the agriculture industry in the country, which has contributed to the growth of agriculture tire vendors.
Technavio's analysts forecast the agriculture tires market in India to grow at a CAGR of 6.06% over the period 2015-2019.

Covered in this report
The report covers the present scenario and the growth prospects of the agriculture tires market in India for the period 2015-2019.
Technavio's report, the Agriculture Tires Market in India 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. It covers the landscape of the agriculture tires market in India and its growth prospects in the coming years. The report includes a discussion of the key vendors operating in this market.

Key vendors
• Apollo Tyres
• Balkrishna Industries
• CEAT Tyres
• JK Tyre and Industries
• MRF L
• TVS Srichakra

Other prominent vendors
 • Anil Rubber Industries
• Alliance Tires
• Asha Rubber Industries
• Asian Tire Factory
• Future Tyres
• Eastman Industries
• Hindustan Tyres
• Metro Exporters
• Pirelli
• Power Max Tyre
• Red Stone Industries
• Salsons Tyres
• Superking Manufacturers

Key market driver
• Rise in tractor sales
• For a full, detailed list, view our report

Key market challenge
• Inverted tax structures for tire manufacturers
• For a full, detailed list, view our report

Key market trend
• Use of tractors for non-farming operations 
• For a full, detailed list, view our report

Key Questions Answered in this Report
• What will the market size be in 2019 and what will the growth rate be?
• What are the key market trends?
• What is driving this market?
• What are the challenges to market growth?
• Who are the key vendors in this market space?
• What are the market opportunities and threats faced by the key vendors?
• What are the strengths and weaknesses of the key vendors?

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01. Executive Summary
02. List of Abbreviations
03. Scope of the Report
03.1 Market Overview
03.2 Product Offerings
04. Market Research Methodology
04.1 Market Research Process
04.2 Research Methodology
05. Introduction
05.1 Tire Market Overview
05.2 Tire Classification
05.3 Tire Classification by Application
05.4 Tire Classification by Construction Technology
05.5 Tires: Key Markets
05.6 Key Tire Manufacturers Segmentation by Geography
05.7 Lifecycle of Tires
06. Tire Manufacturing
07. Tire Testing
07.1.1 Firestone
07.1.2 Michelin
08. India: Overview
09. Market Landscape
09.1 Market Overview
09.1.1 Market Size and Forecast
10. Market Segmentation by Application
10.1 Tractor Tires Market in India
10.2 Tractor Front Tires Market in India
10.3 Tractor Rear Tires Market in India
10.4 Tractor Trailers Market in India
11. Market Growth Drivers
12. Drivers and their Impact
13. Market Challenges
14. Impact of Drivers and Challenges
15. Market Trends
16. Trends and their Impact
17. Tire Disposal
17.1 Potential Hazards of Used Tires
18. Vendor Landscape
18.1 Competitive Scenario
18.1.1 Apollo Tyres
18.1.2 Balkrishna Industries
18.1.3 CEAT Tyres
18.1.4 JK Tyre Industries
18.1.5 MRF
18.1.6 TVS Srichakra
18.2 Other Prominent Vendors
19. Key Vendor Analysis
19.1 Apollo Tyres
19.1.1 Key Facts
19.1.2 Business Overview
19.1.3 Product Segmentation by Revenue 2013
19.1.4 Geographical Segmentation by Revenue 2013
19.1.5 Business Strategy
19.1.6 Recent Developments
19.1.7 SWOT Analysis
19.2 Balkrishna Industries
19.2.1 Key Facts
19.2.2 Business Overview
19.2.3 Business Segmentation
19.2.4 Geographical Segmentation by Revenue 2014
19.2.5 SWOT Analysis
19.3 CEAT
19.3.1 Key Facts
19.3.2 Business Overview
19.3.3 Product Segmentation
19.3.4 Geographical Segmentation by Revenue 2014
19.3.5 Recent Developments
19.3.6 SWOT Analysis
19.4 JK Tyre & Industries
19.4.1 Key Facts
19.4.2 Business Overview
19.4.3 Product Segmentation
19.4.4 Geographical Segmentation by Revenue 2014
19.4.5 Business Strategy
19.4.6 Recent Developments
19.4.7 SWOT Analysis
19.5 MRF
19.5.1 Key Facts
19.5.2 Business Overview
19.5.3 Business Strategy
19.5.4 Recent Developments
19.5.5 SWOT Analysis
19.6 TVS Srichakra
19.6.1 Key Facts
19.6.2 Business Overview
19.6.3 Product Segmentation
19.6.4 Business Strategy
19.6.5 Recent Developments
19.6.6 SWOT Analysis
20. Other Reports in this Series

Research Framework

Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

TechnavioINFORMATION SOURCES

Primary sources

  • Manufacturers and suppliers
  • Channel partners
  • Industry experts
  • Strategic decision makers

Secondary sources

  • Industry journals and periodicals
  • Government data
  • Financial reports of key industry players
  • Historical data
  • Press releases
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TechnavioDATA ANALYSIS

Data Synthesis

  • Collation of data
  • Estimation of key figures
  • Analysis of derived insights

Data Validation

  • Triangulation with data models
  • Reference against proprietary databases
  • Corroboration with industry experts
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TechnavioREPORT WRITING

Qualitative

  • Market drivers
  • Market challenges
  • Market trends
  • Five forces analysis

Quantitative

  • Market size and forecast
  • Market segmentation
  • Geographical insights
  • Competitive landscape
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