Market Share of Asia Pacific 2-Wheeler Tire Industry
The Asia Pacific 2-Wheeler Tire Market is consolidated with existing market players such as Hangzhou Zhongce Rubber, Giti Tire Pte. Ltd, Cheng Shin Rubber, MRF Limited, CEAT Limited, TVS Srichakra Limited, JK Tyre & Industries Ltd., and Apollo Tyres Ltd, which hold the most significant shares. Although to have the edge over its competitors, the major actuators manufacturing companies are making joint-ventures, partnerships to launch newer products.
For instance, in 2019, MRF has launched a new tire model called the Nylogrip Ezeeride. Which is available in, tube and tubeless forms, and in 10 sizes that fit across many popular models, ranging from Hero's Splendor to Royal Enfield's Bullet.
Asia Pacific Two Wheeler Tire Market Leaders
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Hangzhou Zhongce Rubber
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Michelin
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MRF Limited
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CEAT Limited
*Disclaimer: Major Players sorted in no particular order