Product Code: ETC350008 | Publication Date: Aug 2022 | Updated Date: Feb 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 | |
The tire retreading market in Indonesia has witnessed steady growth in recent years. This growth can be attributed to several factors, including increasing awareness about sustainable practices, cost-effectiveness of retreaded tires, and the country`s focus on reducing carbon emissions. Many commercial vehicle operators and logistics companies have embraced tire retreading as an eco-friendly alternative to new tires, which often results in significant cost savings. The government`s support for environmentally-friendly initiatives further bolsters this market. With an expanding automotive industry and a growing emphasis on tire longevity and environmental responsibility, the Indonesia tire retreading market is poised for continued growth in the coming years.
Several factors are driving the Indonesia Tire Retreading market. Environmental concerns and the push for sustainable practices are encouraging businesses and fleet owners to opt for tire retreading as it reduces waste and conserves resources. Cost-effectiveness is another driver, as retreaded tires are more affordable than new ones, making them attractive in commercial sectors. Moreover, government regulations and incentives promoting tire recycling and retreading contribute to market growth.
The tire retreading market encounters challenges stemming from the preference for new tires over retreads due to concerns about safety and performance. Regulatory standards for retreaded tires must be met to ensure road safety. Additionally, advancements in tire technology can affect the demand for retreaded tires.
The Indonesia Tire Retreading market experienced a downturn during the pandemic due to reduced economic activity and restrictions on movement. As people traveled less, the demand for tire replacements and retreading services decreased. However, there has been a gradual recovery as economic activities resumed, leading to a rebound in the market.
The Indonesia Tire Retreading market plays a crucial role in sustainable tire use. Prominent players in this market include PT. Multistrada Arah Sarana, PT. Elangperdana Tyre Industry, and PT. Gajah Tunggal Tbk.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Indonesia Tire Retreading Market Overview |
3.1 Indonesia Country Macro Economic Indicators |
3.2 Indonesia Tire Retreading Market Revenues & Volume, 2021 & 2031F |
3.3 Indonesia Tire Retreading Market - Industry Life Cycle |
3.4 Indonesia Tire Retreading Market - Porter's Five Forces |
3.5 Indonesia Tire Retreading Market Revenues & Volume Share, By Process Type, 2021 & 2031F |
3.6 Indonesia Tire Retreading Market Revenues & Volume Share, By Vehicle-Type, 2021 & 2031F |
4 Indonesia Tire Retreading Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Indonesia Tire Retreading Market Trends |
6 Indonesia Tire Retreading Market, By Types |
6.1 Indonesia Tire Retreading Market, By Process Type |
6.1.1 Overview and Analysis |
6.1.2 Indonesia Tire Retreading Market Revenues & Volume, By Process Type, 2021-2031F |
6.1.3 Indonesia Tire Retreading Market Revenues & Volume, By Pre Cure, 2021-2031F |
6.1.4 Indonesia Tire Retreading Market Revenues & Volume, By Mold Cure, 2021-2031F |
6.2 Indonesia Tire Retreading Market, By Vehicle-Type |
6.2.1 Overview and Analysis |
6.2.2 Indonesia Tire Retreading Market Revenues & Volume, By Heavy Trucks and Buses, 2021-2031F |
6.2.3 Indonesia Tire Retreading Market Revenues & Volume, By Light Commercial Vehicle, 2021-2031F |
6.2.4 Indonesia Tire Retreading Market Revenues & Volume, By Off-Road Vehicles, 2021-2031F |
6.2.5 Indonesia Tire Retreading Market Revenues & Volume, By Passenger Cars, 2021-2031F |
7 Indonesia Tire Retreading Market Import-Export Trade Statistics |
7.1 Indonesia Tire Retreading Market Export to Major Countries |
7.2 Indonesia Tire Retreading Market Imports from Major Countries |
8 Indonesia Tire Retreading Market Key Performance Indicators |
9 Indonesia Tire Retreading Market - Opportunity Assessment |
9.1 Indonesia Tire Retreading Market Opportunity Assessment, By Process Type, 2021 & 2031F |
9.2 Indonesia Tire Retreading Market Opportunity Assessment, By Vehicle-Type, 2021 & 2031F |
10 Indonesia Tire Retreading Market - Competitive Landscape |
10.1 Indonesia Tire Retreading Market Revenue Share, By Companies, 2024 |
10.2 Indonesia Tire Retreading Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |