"Agriculture Tires Market in India 2015-2019" is now available at Fast Market Research

From: Fast Market Research, Inc.
Published: Wed May 20 2015

Tires are an integral component of automobiles and are manufactured using raw materials such as natural rubber, nylon tire cord fabric, and carbon black. Rubber chemicals and synthetic rubber, including styrene-butadiene rubber and poly-butadiene rubber, are also used in manufacturing tires. Agriculture tires are used in different agriculture vehicles and equipment such as tractors, sowers, and harvesters. The use of advanced equipment has had a significant improvement on crop yield and, hence, is leading to cultivators and farmers increasingly using agriculture vehicles and equipment.

India has world's second largest population and world's fourth largest economy. The rapidly growing Indian economy has invoked interests among many investors worldwide, and significant amount of investments is flowing into the country. The agriculture sector in India is contributing considerably to the overall GDP of the country, along with the services and manufacturing (industry) sectors. In rural India, around 70% of the households depend on agriculture as their principal means of livelihood. Over the last few years, the agriculture tires market in India has been registering steady growth. There has been a rise in the mechanisation of the agriculture industry in the country, which has contributed to the growth of agriculture tire vendors.

Full Report Details at
- http://www.fastmr.com/prod/998662_agriculture_tires_india.aspx?afid=302

Technavio's analysts forecast the agriculture tires market in India to grow at a CAGR of 6.06% over the period 2015-2019.

Covered in this report

The report covers the present scenario and the growth prospects of the agriculture tires market in India for the period 2015-2019.

Technavio's report, the Agriculture Tires Market in India 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. It covers the landscape of the agriculture tires market in India and its growth prospects in the coming years. The report includes a discussion of the key vendors operating in this market.

Key vendors

* Apollo Tyres
* Balkrishna Industries
* CEAT Tyres
* JK Tyre and Industries
* TVS Srichakra

Other prominent vendors

* Anil Rubber Industries
* Alliance Tires
* Asha Rubber Industries
* Asian Tire Factory
* Future Tyres
* Eastman Industries
* Hindustan Tyres
* Metro Exporters
* Pirelli
* Power Max Tyre
* Red Stone Industries
* Salsons Tyres
* Superking Manufacturers

Key market driver

* Rise in tractor sales
* For a full, detailed list, view our report

Key market challenge

* Inverted tax structures for tire manufacturers
* For a full, detailed list, view our report

Key market trend

* Use of tractors for non-farming operations
* For a full, detailed list, view our report

Key Questions Answered in this Report

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You may also be interested in these related reports:

- Agriculture Tires Market in the US 2015-2019
- Agriculture Tires Market in Europe 2015-2019
- Agriculture Tires Market in Brazil 2015-2019
- Agriculture Tires Market in Canada 2015-2019
- Agriculture Tires Market in Germany 2015-2019

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