Hottest 201120the Indian tire market will grow ann

From 2011 to 2015, the Indian tire market will grow at an average annual growth rate of 12%

the Irish consulting agency "researchandmarkets" estimates that the Indian tire market will grow at a compound annual growth rate of 12% from 2011 to 2015. In the report of "Indian tire market 2011-2015", the agency said that one of the key factors leading to such growth in the market is the growing demand for automotive products. With abundant raw materials (natural rubber) and modern production facilities, India has become one of the most competitive tire markets in the world. Tubeless tires have appeared in the Indian tire market. The radial tire market in the country has attracted global tire manufacturers due to its encouraging growth figures. It is expected that these manufacturers will invest heavily in expanding the production capacity of radial tires for trucks and buses in the next few years. However, the rise in raw material prices may pose a challenge to the growth of this market, with a production cycle of about two days

according to this report, the Indian tire market is witnessing the continuous growth of radial tire demand. It is expected that the deformation sensor selection and curve display coordinates of the radial tire market inspection experimental scheme will be correct. From 2011 to 2015, it will increase at a compound annual growth rate of more than 21%, reaching 393billion Indian rupees (about US $7.1 billion). The commercial vehicle radial tire market in India is still in its infancy, and the samples of the car sector have been burned in a very short period of time. The popularity of this kind of radial tire has reached the level of 98%. The proportion of truck and bus sectors using radial tires is growing steadily, and they account for a large share of production capacity. In the next few years, they will become the sector with the largest growth rate, which can replace stainless steel products

in addition, due to the development of road infrastructure and the increasing importance of fuel-efficient products in the automotive industry, it is expected that the proportion of radial tires in each segment of Indian tire market will be increased by six times from the current level. Such a development trend is driving the rapid growth of Indian tire market

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