Tire Materials Market is Expected to Progress at healthy CAGR of 4% by 2028

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Chemicals and Materials

• October 2016

Report Id REP-AS-661 Published On
July-2015 Category Chemicals and Materials
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Research Methodology (1/2)

• Systematic Research Approach

In-depth secondary research is used to ascertain overall market size, top industry players, top products, industry associations, etc.
PMR formulates a detailed discussion guide to conduct expert and industry interviews
PMR develops a list of industry players (manufacturers), distributors, retailers and industry experts
PMR conducts interviews with industry experts, industry players, distributors and retailers
Data is validated by triangulation method, wherein secondary, primary and PMR analysis contribute to the final data
Data is scrutinized using MS-Excel to obtain qualitative and quantitative insights about the industry
PMR delivers industry insights and information in the required format (PDF)

• Identifying key opinion leaders
• Questionnaire design
• In-depth interviews
• Coverage across value chain

• Key industry experts
• Channel study
• Developments
• Market dynamics
• Products
• Conclusions

SOLUTION

• Market participants
• Key strengths
• Product portfolio
• Mapping as per value chain
• Key focus segments

Primary Research
Secondary Research
Paid Publications

• Linkedin
• Zoominfo
• Salesforce
• Avention

• Factiva
• GBI
• Genios
• Meltwater

• Company websites
• Company annual reports
• White papers
• Financial reports

includes sources of databases
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ASEAN Automotive Aftermarket Analysis

• ASEAN Automotive Aftermarket Poised to hit US
  37.7 Bn by 2025, Driven by Increasing Number of
  Vehicles in Operation and Robust Sales of
  Automotive Aftermarket Components
• Future Market Insights (FMI) announces release of
  its latest market report titled, Automotive
  Aftermarket ASEAN Industry Analysis and
  Opportunity Assessment 2015 - 2025. According to
  this report, the ASEAN automotive aftermarket is
  anticipated to account for US 37.7 Bn by 2025,
  registering a compound annual growth rate (CAGR)
  of 7.8 throughout the forecast period. 
• The report analyses and forecasts the ASEAN
  automotive aftermarket in terms of market value
  (US Bn) on the basis of segmentation. As per
  FMI, segments of the ASEAN automotive aftermarket
  include components, accessories and services.
• Aftermarket automotive components are parts
  manufactured or remanufactured for installation
  in vehicles sold by original equipment
  manufacturers (OEMs), in case of damage or wear.
  Accessories include parts customised for
  convenience, safety, comfort and performance, and
  these are designed as add-ons to be installed
  after OEMs have assembled the automobiles.
  Services caters to needs such as choice of where
  consumers can have their vehicles serviced,
  maintained or customized.

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ASEAN Automotive Aftermarket Analysis

• ASEAN automotive aftermarket is majorly driven by
  improving network of sales and repair service
  centres and demand for general automotive
  repairs. This includes repairs and services
  related to transmissions, starters alternators,
  brakes, lubricants, tyres, filters and batteries
  among others. Some of the drivers identified in
  the market are increasing vehicle fleet on road,
  entry of global automakers in ASEAN region,
  substantial growth in per capita income in ASEAN
  countries and steady growth in automotive sales.
  Apart from this, stringent carbon emission norms
  and consistent GDP growth in developing economies
  are major growth drivers for the ASEAN automotive
  aftermarket. Some of the minor restraints
  identified in the market are rapid change in
  design of new vehicles which often lead to
  unavailability of spare parts in the market.
• Browse the full "Automotive Aftermarket ASEAN
  Industry Analysis and Opportunity Assessment 2015
  - 2025" market research report at
  http//www.futuremarketinsights.com/reports/detail
  s/asean-automotive-aftermarket
• Increasing preferences for customized exterior
  and interior components and accessories for
  improving vehicle aesthetics is increasing the
  demand for accessories at considerable growth
  rate in ASEAN countries. Broadening service
  portfolio of repair service providers such as
  reminder services, pick and drop facility, free
  vehicle check-up schemes, discount offers and
  other promotional activities help in increasing
  awareness towards scheduled maintenance
  activities which in turn drives demand for
  aftermarket services.

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ASEAN Automotive Aftermarket Analysis

• On an average, the components segment is expected
  to expand at a CAGR of 7.4, accessories at 7.8
  and services at 6.7 during the forecast period.
  Components segment is further sub-segmented into
  oils lubricants, tyres, batteries, wear tear
  parts, filters, collision body parts, starters
  alternators, lighting components, exhaust
  components and spark plugs. Among these, exhaust
  components dominates other segments, registering
  a CAGR of 13.9, followed by tires. Demand for
  interior accessories is expected to register a
  CAGR of 8.4 owing to increasing demand from
  automobile owners to enhance the functionality
  and appearance of their vehicles, and this trend
  is expected to further drive overall market
  growth in future.

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Table of Content
1. ASEAN Automotive Aftermarket 2. Research
Methodology 3. Assumptions and Acronyms
Used 4. ASEAN Automotive Aftermarket Analysis,
2015-2021 4.1. Y-o-Y Growth Projections 4.2. Marke
t Size and Forecast, By Value 4.3. Total Market
Opportunity Analysis 4.4. ASEAN Automotive
Aftermarket Share, By Value 4.4.1. Market Share,
By Components 4.4.2. Market Share, By
Accessories 4.4.3. Market Share, By
Services 4.4.4. Market Share, By Region
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Table of Content
5. ASEAN Automotive Aftermarket Market, By
Components 5.1. Introduction 5.1.1. Y-o-Y Growth
Comparison, By Components 5.1.2. Market Share and
Basis Point Share (BPS) Analysis, By
Components 5.2. ASEAN Aftermarket Components
Analysis, 2015 - 2025 5.2.1. Lubricants 5.2.1.1. Y
-o-Y Growth Projections 5.2.1.2. Market Value
Forecast, By region 5.2.1.3. Total Market
Opportunity 5.2.2. Tires 5.2.2.1. Y-o-Y Growth
Projections 5.2.2.2. Market Value Forecast, By
region 5.2.3. Batteries 5.2.3.1. Y-o-Y Growth
Projections 5.2.3.2. Market Value Forecast, By
region 5.2.3.3. Total Market Opportunity
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Table of Content
5.2.4. Wear Tear Parts 5.2.4.1. Y-o-Y Growth
Projections 5.2.4.2. Market Value Forecast, By
region 5.2.4.3. Total Market Opportunity 5.2.5. Fi
lters 5.2.5.1. Y-o-Y Growth Projections 5.2.5.2. M
arket Value Forecast, By region 5.2.5.3. Total
Market Opportunity 5.2.6. Collision
Body 5.2.6.1. Y-o-Y Growth Projections 5.2.6.2. Ma
rket Value Forecast, By region 5.2.6.3. Total
Market Opportunity 5.2.7. Starters
Alternators 5.2.7.1. Y-o-Y Growth
Projections 5.2.7.2. Market Value Forecast, By
region 5.2.7.3. Total Market Opportunity
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Table of Content
5.2.8. Lighting 5.2.8.1. Y-o-Y Growth
Projections 5.2.8.2. Market Value Forecast, By
region 5.2.8.3. Total Market Opportunity 5.2.9. Ex
haust Components 5.2.9.1. Y-o-Y Growth
Projections 5.2.9.2. Market Value Forecast, By
region 5.2.9.3. Total Market Opportunity 5.2.10. S
park Plugs 5.2.10.1. Y-o-Y Growth
Projections 5.2.10.2. Market Value Forecast, By
region 5.2.10.3. Total Market Opportunity 6. ASEAN
Automotive Aftermarket Market Analysis, By
Accessories 6.1. Introduction 6.1.1. Y-o-Y growth
comparison, By Accessories
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Table of Content
6.1.2. Basis Point Share (BPS) Analysis, By
Accessories 6.2. Market Forecast By
Accessories 6.2.1. Interior 6.2.1.1. Y-o-Y Growth
Projections 6.2.1.2. Market Value Forecast, By
region 6.2.1.3. Total Market Opportunity 7. ASEAN
Automotive Aftermarket Market Analysis, By
Services 7.1. Introduction 7.1.1. Y-o-Y growth
comparison, By Services 7.1.2. Basis Point Share
(BPS) Analysis, By Services 7.2. Market Forecast
By Services 7.2.1. General Automotive
Repairs 7.2.1.1. Y-o-Y Growth Projections 7.2.1.2.
Market Value Forecast, By region 7.2.1.3. Total
Market Opportunity
For more insights on the ASEAN Automotive
Aftermarket,you can request a report sample with
full TOC at http//www.futuremarketinsights.com/re
ports/sample/rep-as-661
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