Russia Tire Market | By Vehicle Type Category, and Region with Forecast to 2025Posted by Karthik Pilla on December 28th, 2019 Bharat Book Bureau Provides the Trending Market Research Report on ‘‘Russia Tire Market, By Vehicle Type, By Demand Category, By Radial vs Bias, By Summer Tire vs Winter Tire, By Region, Competition, Forecast & Opportunities, 2025”under Heavy Industry Category. The report offers a collection of superior market research, market analysis, competitive intelligence and Market reports. Russia is an oil driven economy, and consequently, was significantly impacted due to decline in oil prices over the past few years. Automotive sector in the country also witnessed a dip, which further negatively impacted tire market in Russia. Government of Russia has been taking various initiatives for attracting foreign direct investment (FDI) in various sectors such as agriculture, infrastructure and transportation & tourism. Demand for tires in Russia is expected to increase at a moderate pace in the coming years, owing to expanding vehicle fleet and rising per capita income levels. Russia Tire Market stood at over 58 million and the market is expected to surpass 90 million tires by 2025. Russia tire market can be broadly classified based on vehicle type, demand category, and radial vs bias. Based on the vehicle type, the market can be bifurcated into Passenger Car tires, Two-Wheeler tires, LCV tires, M&HCV tires and OTR tires. Passenger car tires accounted for the largest share and the segment is poised to grow at an impressive rate during the forecast period as well, as the number of passenger cars is increasing in the country. Request a free sample copy of Russia Tire Market Report @ Major players operating in Russia tires market include Michelin Russia and CIS, Continental Kaluga Limited Liability Company, Hankook Tire Rus Limited Liability Company, Bridgestone C.I.S Limited Liability Company, Nizhnekamskshina Joint Stock Company, Pirelli Tyre Russia Limited Liability Company, Nokian Tyres PLC, Altai Tyre Open Joint Stock Company, Belshina Open Joint Stock Company, among others. Objective of the Study: Key Target Audience: The study is useful in providing answers to several critical questions that are important for industry stakeholders such as tires manufacturers, customers and policy makers. The study would also help them to target the growing segments over the coming years, thereby aiding the stakeholders in taking investment decisions and facilitating their expansion. Report Scope: • Market, By Vehicle Type: • Market, By Demand Category: • Market, By Radial vs Bias: • Market, By Region: Competitive Landscape Available Customizations: Company Information Browse our full report with Table of Content : About Bharat Book Bureau: Contact us at: Like it? Share it!More by this author |