Research and Markets: Algeria Tyre Market Forecast and Opportunities, 2020 - Increasing Demand for Cost-Effective Chinese Tyres
May 07 2015 - 5:25AM
Business Wire
Research and Markets
(http://www.researchandmarkets.com/research/8b2r8d/algeria_tyre)
has announced the addition of the "Algeria Tyre Market Forecast and
Opportunities, 2020" report to their offering.
Tyre market in Algeria is forecast to grow at a CAGR of over 6%
through 2020.
Passenger car tyre market is the dominant segment in the
country's tyre market, followed by commercial vehicle tyre and
two-wheeler tyre segments. Passenger car sales increased at a CAGR
of 12% during 2010-2014, consequently promising strong growth in
the demand for passenger car replacement tyres over the next few
years. In addition, Northern region comprising Algiers and Oran,
accounted for majority of the overall tyre demand in the country,
and the region is expected to continue its market dominance over
the forecast period as well. The country tyre market is
predominantly dominated by Chinese tyre brands. These players are
substantially larger than other suppliers and primarily cater to
the demand for replacement tyres in the country.
Algeria's automotive market is one of the largest automotive
markets in Africa. The tyre market in the country has been growing
over the last five years on account of increasing demand for
automobiles, especially passenger cars. Due to lack of domestic
automobile production facilities, Algeria tyre market is completely
dominated by replacement tyre segment. Consequently, the tyre
market in the country is totally import-dependent, with majority of
the tyres being imported from China, Japan, South Korea and
Indonesia. One of the major challenges for Algeria automotive
market is that the entire manufacturing sector in the country has
been suffering from Dutch Disease, as a result of which,
manufacturers are apprehensive of establishing production
facilities in the country.
Algeria Tyre Market Forecast & Opportunities, 2020
discusses the following aspects:
- Distributor and Dealers Network
- Growing Automobile Sales
- Increasing Demand for Cost-Effective Chinese Tyres
- Tyre Pressure Management System (TPMS)
- Fuel Efficient Tyres
Key Topics Covered:
1. Research Methodology
2. Product Definition and Market Segmentation
3. Analyst View
4. Algeria Tyre Market Outlook
5. Algeria Passenger Car Tyre Market Outlook
6. Algeria Commercial Vehicle Tyre Market Outlook
7. Algeria OTR Tyre Market Outlook
8. Algeria Two-Wheeler Tyre Market Outlook
9. Trade Analysis
10. Market Dynamics
11. Policy & Regulatory Landscape
12. Market Trends & Developments
13. Algeria Economic Outlook
14. Competitive Landscape
15. Strategic Recommendations
Companies Mentioned
- Qingdao Doublestar Rubber & Plastic Machinery Co.,
Ltd.
- Triangle Tire Co. Ltd
- Shandong Linglong Tire Co., Ltd.
- Double Coin Holdings Ltd
- Hangzhou Zhongce Rubber Co. Ltd.
- Continental AG
- Pirelli Tyre S.p.A.
- Toyo Tire & Rubber Co., Ltd.
- Bridgestone Corporation
- Sumitomo Rubber Industries, Ltd. fic needs
For more information visit
http://www.researchandmarkets.com/research/8b2r8d/algeria_tyre
Research and MarketsLaura Wood, Senior
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U.S.): +353-1-481-1716Sector: Automotive