Japan Tire Market 2018: Drivers, Trends & Growth Analysis
According to the report, one of the main drivers in this market is the steady need for replacement of old and damaged tires. With higher demand for the replacement of worn out tires, the growth rate of the Tire market in Japan is expected to increase. Further, the report states that one of the main challenges in this market is the increase in the cost of raw materials, which adversely affects the financial status of manufacturers and the Tire market in Japan. Buy a copy of report @ http://www.reportsnreports.com/Purchase.aspx?name=311418.
According to the report, one of the main drivers in this market is the steady need for replacement of old and damaged tires. With higher demand for the replacement of worn out tires, the growth rate of the Tire market in Japan is expected to increase.
Further, the report states that one of the main challenges in this market is the increase in the cost of raw materials, which adversely affects the financial status of manufacturers and the Tire market in Japan.
Buy a copy of report @ http://www.reportsnreports.com/Purchase.aspx?name=311418.
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<strong>Tire</strong> <strong>Market</strong> in <strong>Japan</strong> 2014-<strong>2018</strong><br />
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One key trend in the market is the rise in demand from developing nations. There is a<br />
significant rise in demand for automobiles because of the steady economic growth in the<br />
BRIC countries. With higher disposable incomes, customers are increasingly focused on<br />
safe driving and better drive quality.<br />
According to the report, one of the main drivers in this market is the steady need for<br />
replacement of old and damaged tires. With higher demand for the replacement of worn<br />
out tires, the growth rate of the <strong>Tire</strong> market in <strong>Japan</strong> is expected to increase.<br />
Further, the report states that one of the main challenges in this market is the increase in<br />
the cost of raw materials, which adversely affects the financial status of manufacturers and<br />
the <strong>Tire</strong> market in <strong>Japan</strong>.<br />
<strong>Tire</strong>s constitute an integral component of automobiles and are manufactured using raw<br />
materials such as natural rubber, nylon tire cord fabric, and carbon black. Chemicals used<br />
for the manufacture of synthetic rubber, such as SBR and PBR, are also used in the<br />
manufacture of tires. The tires that are manufactured for the Automobile segment are of<br />
two types: cross ply or bias tires and radial tires.<br />
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Analysts forecast the <strong>Tire</strong> market in <strong>Japan</strong> to grow at a CAGR of 9.45 percent over the<br />
period 2013-<strong>2018</strong>.<br />
Covered in this Report<br />
This report covers the present scenario and the growth prospects of the <strong>Tire</strong> market in<br />
<strong>Japan</strong> for the period 2014-<strong>2018</strong>. The market size is calculated on the basis of the overall<br />
revenue of tire manufacturers in <strong>Japan</strong>. Forecasts and analysis of the market have been<br />
done in terms of value as well as volume. The market includes the following segments:<br />
• Passenger Car <strong>Tire</strong>s: Includes passenger car and utility vehicle tires<br />
• Light truck tires<br />
• Truck and Bus <strong>Tire</strong>s: Includes tractor tires, construction equipment tires, and industrial<br />
vehicle tires<br />
• Special Vehicle <strong>Tire</strong>s<br />
• Motorcycle <strong>Tire</strong>s<br />
<strong>Tire</strong> <strong>Market</strong> in <strong>Japan</strong> 2014-<strong>2018</strong>
<strong>Tire</strong> <strong>Market</strong> in <strong>Japan</strong> 2014-<strong>2018</strong>, has been prepared based on an in-depth market analysis<br />
with inputs from industry experts. It covers the landscape of the <strong>Tire</strong> market in <strong>Japan</strong> and<br />
its growth prospects in the coming years. The report also includes a discussion of the key<br />
vendors operating in this market.<br />
Analyst recognizes the following companies as the key players in the <strong>Tire</strong> <strong>Market</strong> in <strong>Japan</strong>:<br />
Bridgestone Corp., Nihon Michelin <strong>Tire</strong> Co. Ltd., Sumitomo Rubber Industries Ltd. and Toyo<br />
<strong>Tire</strong> & Rubber Co. Ltd.<br />
Other Prominent Vendors in the market are: Kyoto Tool, Ohtsu <strong>Tire</strong> and Rubber, Panaracer<br />
and Yokohama Rubber.<br />
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<strong>Market</strong> Driver<br />
• Steady Need for Replacement of Old and Damaged <strong>Tire</strong>s<br />
<strong>Market</strong> Challenge<br />
• Cost of Raw Materials<br />
<strong>Market</strong> Trend<br />
• Rise in Demand from Developing Nations<br />
Key Questions Answered in this Report<br />
• What will the market size be in <strong>2018</strong> and what will the growth rate be?<br />
• What are the key market trends?<br />
• What is driving this market?<br />
• What are the challenges to market growth?<br />
• Who are the key vendors in this market space?<br />
• What are the market opportunities and threats faced by the key vendors?<br />
• What are the strengths and weaknesses of the key vendors?<br />
<strong>Tire</strong> <strong>Market</strong> in <strong>Japan</strong> 2014-<strong>2018</strong>
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<strong>Tire</strong> <strong>Market</strong> in <strong>Japan</strong> 2014-<strong>2018</strong>