Egypt Tire Market Overview:

According to MarkNtel Advisors study the Egypt Tire Market is projected to grow at a CAGR of around 8% during the forecast period, i.e., 2021-26. The growth of the market is driven primarily by the increasing disposable income of people and their growing inclination toward private vehicle ownership. Thus, the mounting vehicle fleet is positively influencing the growth of the tire industry in Egypt.

Key Findings of the Study: Egypt Tire market

Growth Restraint: Fluctuating Prices of Raw Materials

As prices of raw materials like crude rubber are volatile, it makes it difficult for tire manufacturers to produce provide tires at fixed rates, which might restrain the fledged growth of the Egypt Tire Market during the forecast period.

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Scope of the Egypt Tire Market Report Segmentation

-By Vehicle Type

• Passenger Cars
• Light Commercial Vehicles (LCV)
• Medium Heavy Commercial Vehicles
• Two Wheelers
• Off the Road (OTR)

-By Demand Type

• OEM
• Replacement

-By Type of Tire

• Radial
• Bias

-By Season

• All Season
• Summer

-By Sales Channel

• Online
• Dealers/ Exclusive Outlets
• Others

-By Rim Size

• Upto 12
• 1” to 15”
• 1.” to 18”
• 1” to 20”
• 1” to 22.5”
• 6” to 26”
• 1” to 35”
• 1” to 47”
• Above 47”

-By Price Category

• Low
• Medium
• High

For more detailed information about the Egypt Tire market report, click here – https://www.marknteladvisors.com/research-library/egypt-tire-market.html

Geographical analysis:

-By Region

• Region 1
• Region 2

Current Landscape of Egypt Tire Market

The report delineates key market participants and thoroughly assesses their strategic approaches, trends, innovations, and manufacturing infrastructure, enabling a forecast of their market impact over the next five years. The meticulously researched data presented holds the potential to distinguish even nascent market entrants in the long term. Armed with pertinent data and actionable insights, our research report delivers a comprehensive overview of the market, empowering investors and stakeholders to establish a robust presence in the Egypt Tire market. The research report profiles major players, including

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• Bridgestone Corporation
• The Michelin
• Continental AG
• Pirelli Tire S.p.A.
• Trenco Transport and Engineering Co.
• The Goodyear Tire Rubber Company
• Yokohama Rubber Company Limited
• Maxxis Tire
• The Falken Tire
• Lassa Tyres

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