Indonesia Tyre Market Share at a CAGR of 9.8% | Outlook Report (2019-2025)

DELHI, India - May 8, 2019 - PRLog -- Market Forecast By Origin (Local Manufacturing and Imports), By Vehicle Types (Trucks (Radial and Bias), Light Trucks (Radial and Bias), Passenger Cars and Two-Wheelers)) and Competitive Landscape

According to 6Wresearch, Indonesia tyre market size is projected to grow at a CAGR of 9.8% during 2019-25. Good macroeconomic conditions and growing automotive manufacturing majorly driven by domestic demand would lead to the growth of tyre market in Indonesia. Radial tyres would register the highest growth rate during the forecast period owing to high installation of radial tyres in vehicles due to their better puncture resistance, flexible sidewalls and lower life-cycle cost.

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Key Highlights of the Report:

Tyre Market Report
Tyre Market Share
Indonesia Market Outlook 2019

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