Russia Tyre Market Forecast and Opportunities, 2020 - Passenger Car, Medium & Heavy Commercial Vehicle, Light Commercial, Off-The-Road (OTR) and Two-Wheeler Tyres

However, the replacement tyre market is forecast to witness marginal increase in its value share through 2020. Further, the collective production of passenger cars, medium & heavy commercial vehicles, and light commercial vehicles in the country grew at a CAGR of over 7% during 2010 - 2014, which has been significantly boosting the demand for tyres over the last five years. In contrast to various other European countries, there are no mandatory rules and regulations for use of summer and winter tyres in Russia. Nevertheless, winter tyres currently account for around two-third of the total replacement tyre sales in Russia.
DUBLIN, (informazione.it - comunicati stampa - editoria e media)

However, the replacement tyre market is forecast to witness marginal increase in its value share through 2020. Further, the collective production of passenger cars, medium & heavy commercial vehicles, and light commercial vehicles in the country grew at a CAGR of over 7% during 2010 - 2014, which has been significantly boosting the demand for tyres over the last five years. In contrast to various other European countries, there are no mandatory rules and regulations for use of summer and winter tyres in Russia. Nevertheless, winter tyres currently account for around two-third of the total replacement tyre sales in Russia.

Russia is one of the largest emerging economies in the world, and also the second largest automobile market in Europe, with a population size of around 150 million. Increasing urbanization, rising disposable income and low vehicle density continue to boost the country's automobile market. It is projected that by 2020, Russia would become the largest automobile market in Europe and fifth largest automobile market across the globe. Over the last few years, automobile industry in Russia exhibited an increase in the demand for passenger cars. In 2014, more than 2.5 million motor vehicles were sold in Russia, of which, around 2.2 million were passenger cars. On account of high share of passenger cars in the country's overall automobile fleet, Russia's passenger car tyre segment continues to dominate the country's tyre market.

Russia Tyre Market Forecast & Opportunities, 2020 elaborates on the following aspects of tyre market in Russia:

Key Topics Covered:

1. Research Methodology

2. Analyst View

3. Product Overview

4. Russia Tyre Production Overview

5. Russia Tyre Market Outlook

6. Russia Passenger Car (PC) Tyre Market Outlook

7. Russia Medium & Heavy Commercial Vehicle (MHCV) Tyre Market Outlook

8. Russia Light Commercial Vehicle (LCV) Tyre Market Outlook

9. Russia Off-The-Road (OTR) Tyre Market Outlook

10. Russia Two-Wheeler (2W) Tyre Market Outlook

11. Import-Export Analysis

12. Market Dynamics

13. Market Trends & Developments

14. Policy & Regulatory Landscape

15. Russia Economic Profile

16. Competitive Landscape

17. Strategic Recommendations

Companies Mentioned

For more information visit http://www.researchandmarkets.com/research/w7ljqd/russia_tyre

Media Contact:

Laura Wood, +353-1-481-1716, [email protected]

 

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