Vietnam emerging as a major consumer of tyre in Asia-Pacific on account of growing motorization level and abundant rubber resources.

1. M a r k e t I n t e l l i g e n c e . C o n s u l t i n g
Vietnam Tyre Market Forecast &
Opportunities, 2019

2. I n d u s t r y B r i e f
© TechSci Research
2
Vietnam, one of the developing economies in Asia-Pacific with a population of about 90 million as of 2013, is emerging as a
major market for automotive tyres. Due to continuous increase in the country’s per capita GDP, motorization level of
Vietnam has been growing at a faster pace. As a result, the country’s vehicle parc has been swelling tremendously year on
year. Considering the growing demand for vehicles, many domestic and global players are strengthening their footprint in
the country by establishing manufacturing plants in Vietnam. Government of Vietnam, on its part, has inked WTO and AFTA
agreements with neighboring countries to encourage foreign investments. All these factors are increasingly fueling the
demand for automotive tyres in Vietnam, in both OEM as well as replacement market. In addition, Vietnam has vast rubber
resources, which further makes it an ideal destination for setting up tyre manufacturing operations.
According to “Vietnam Tyre Market Forecast & Opportunities, 2019”, the tyre market in Vietnam is forecast to register
a CAGR of over 8% till 2019. Growing automobile sales, rising vehicle fleet, favorable government policies and increasing
foreign investments in the automotive sector are the major factors driving Vietnam tyre market. Two-wheeler tyres form the
dominant segment in the market, followed by passenger car and commercial vehicle & OTR tyre segments. Southern
Vietnam comprising prominent urban centers like Ho Chi Minh City, Can Tho and Bien Hoa contributes towards more than
40% of the total tyre sales in the country. Bridgestone, Michelin and DRC are the leading players in the Vietnam tyre market.
“Vietnam Tyre Market Forecast & Opportunities, 2019” discusses the following aspects:
Vietnam Tyre Market Size, Share & Forecast
Segmental Analysis – Two-Wheeler, Passenger Car, Commercial Vehicle& OTR Tyres
Trade Analysis – Imports and Exports
Policy & Regulatory Landscape
Changing Market Trends & Emerging Opportunities
Competitive Landscape & Strategic Recommendations

3. Ta b l e o f C o n t e n t s
3
© TechSci Research
1. Research Methodology
2. Market Overview
3. Analyst View
4. Vietnam Tyre Market Outlook & Forecast
4.1. Market Size & Forecast
4.1.1. By Value
4.1.2. By Volume
4.2. Market Share & Forecast
4.2.1. By Vehicle Type
4.2.2. By Company
4.2.3. By Region
5. Vietnam Passenger Car Tyre Market Outlook & Forecast
5.1. Market Size & Forecast
5.1.1. By Value
5.1.2. By Volume
5.2. Market Share & Forecast
5.2.1. By Vehicle Type
6. Vietnam Commercial and OTR Vehicle Tyre Market Outlook & Forecast
6.1. Market Size & Forecast
6.1.1. By Value
6.1.2. By Volume
6.2. Market Share & Forecast
6.2.1. By Vehicle Type

4. Ta b l e o f C o n t e n t s
4
© TechSci Research
7. Vietnam Two-Wheeler Tyre Market Outlook & Forecast
7.1. Market Size & Forecast
7.1.1. By Value
7.1.2. By Volume
7.2. Market Share & Forecast
7.2.1. By Vehicle Type
8. Vietnam Tyre Market Raw Material Analysis
9. Vietnam Tyre Market Trade Analysis
9.1. Export Analysis
9.2. Import Analysis
10. Vietnam Tyre Market Dynamics
10.1. Growth Drivers
10.2. Challenges
11. Policy & Regulatory Landscape
12. Vietnam Tyre Market Trends & Developments
12.1. Radial Tyres : A Popular Choice of Vehicle Owners
12.2. Introduction of New Tyre Technologies
12.3. Easy Availability of Natural Rubber
13. Vietnam Economic Profile
14. Competitive Landscape
14.1. Bridgestone Tyre Co. Ltd. Vietnam
14.2. Michelin Vietnam Co. Ltd.

5. Ta b l e o f C o n t e n t s
5
© TechSci Research
14.3. Yokohama Tyre Company Ltd
14.4. Danang Rubber Company (DRC)
14.5. Southern Rubber Industry JSC (Casumina)
14.6. Cheng-Shin Rubber Ind. Co. Ltd (Maxxis)
14.7. Kumho Tyre Co. Ltd Vietnam
14.8. Continental Tyre
15. Strategic Recommendations
16. About Us & Disclaimer

6. L i s t o f F i g u r e s
6
© TechSci Research
• Figure 1: Vietnam Tyre Market Size, By Value, 2009 – 2013 (USD Billion)
• Figure 2: Vietnam Tyre Market Size, By Value, 2014E – 2019F (USD Billion)
• Figure 3: Vietnam Tyre Market Size, By Volume, 2009 – 2013 (Million Units)
• Figure 4: Vietnam Tyre Market Size, By Volume, 2014E – 2019F (Million Units)
• Figure 5: Vietnam Tyre Market Share, By Vehicle Type, By Volume, 2013
• Figure 6: Vietnam Tyre Market Share, By Vehicle Type, By Volume, 2019F
• Figure 7: Vietnam Tyre Market Share, By Company, By Value, 2013
• Figure 8: Vietnam Tyre Market Share, By Company, By Value, 2019F
• Figure 9: Vietnam Tyre Market Share, By Region, By Volume, 2013 & 2019F
• Figure 10: Vietnam Passenger Car Tyre Market Size, By Value, 2009 – 2013 (USD Billion)
• Figure 11: Vietnam Passenger Car Tyre Market Size, By Value, 2014E – 2019F (USD Billion)
• Figure 12: Vietnam Passenger Car Tyre Market Size, By Volume, 2009 – 2013 (Million Units)
• Figure 13: Vietnam Passenger Car Tyre Market Size, By Volume, 2014E – 2019F (Million Units)
• Figure 14: Vietnam Passenger Car Tyre Market Share, By Vehicle Type, By Volume, 2013
• Figure 15: Vietnam Passenger Car Tyre Market Share, By Vehicle Type, By Volume, 2019F
• Figure 16: Vietnam Commercial Vehicle and OTR Tyre Market Size, By Value, 2009 – 2013 (USD Billion)
• Figure 17: Vietnam Commercial Vehicle and OTR Tyre Market Size, By Value, 2014E – 2019F (USD Billion)
• Figure 18: Vietnam Commercial Vehicle and OTR Tyre Market Size, By Volume, 2009 – 2013 (Million Units)
• Figure 19: Vietnam Commercial Vehicle and OTR Tyre Market Size, By Volume, 2014E – 2019F (Million Units)
• Figure 20: Vietnam Commercial Vehicle and OTR Tyre Market Share, By Vehicle Type, By Volume, 2013

7. L i s t o f F i g u r e s a n d Ta b l e s
7
© TechSci Research
• Figure 21: Vietnam Commercial Vehicle and OTR Tyre Market Share, By Vehicle Type, By Volume, 2019F
• Figure 22: Vietnam Two-Wheeler Tyre Market Size, By Value, 2009 – 2013 (USD Billion)
• Figure 23: Vietnam Two-Wheeler Tyre Market Size, By Value, 2014E – 2019F (USD Billion)
• Figure 24: Vietnam Two-Wheeler Tyre Market Size, By Volume, 2009 – 2013 (Million Units)
• Figure 25: Vietnam Two-Wheeler Tyre Market Size, By Volume, 2014E – 2019F (Million Units)
• Figure 26: Vietnam Two-Wheeler Tyre Market Share, By Vehicle Type, By Volume, 2013
• Figure 27: Vietnam Two-Wheeler Tyre Market Share, By Vehicle Type, By Volume, 2019F
• Figure 28: Anatomy of a Tyre
• Figure 29: Raw Material Share in Tyre Manufacturing
• Figure 30: Vietnam Tyre Market Exports Share, By Country, By Value, 2013
• Figure 31: Vietnam Tyre Exports, By Value, 2009 – 2013 (USD Million)
• Figure 32: Vietnam Tyre Market Imports Share, By Country, By Value, 2013
• Figure 33: Vietnam Tyre Imports, By Value, 2013 (USD Million)
• Table 1: Vietnam Tyre ASP, By Segment, 2013 and 2019F (USD)

8. R e s e a r c h M e t h o d o l o g y
© TechSci Research
8
Baseline Methodology :
For the study, TechSci Research has gathered information through primary research surveys with prominent tyre
suppliers based in Vietnam and later verified the information from major distributors of automobile tyres in the
country. We also put through an exhaustive search of credible paid databases such as Business Week, Factiva,
Hoovers, etc. including our internal database. Our team of analysts has then prudently evaluated all the collected
information and presented them in chronological order to depict a meaningful and clear picture of the tyre market
in Vietnam.
While compiling the data, we have also cross checked all the collected information from multiple sources and data
warehouses, so as to present the most accurate and precise information of the concerned industry.
Sources :
The VAMA, Vietnam Rubber Association, Economic Intelligence Unit (EIU), Hoovers, Business Week, Company
Annual Reports, Factiva, One Source and News Articles
Companies Interviewed Kumho Tyre, Yokohama Tyre, Bridgestone Tyre, Michelin Tyre.

9. S a m p l e D a t a - S n a p s h o t
9
© TechSci Research
0.20
0.40
0.60
0.80
1.00
2009 2010 2011 2012 2013
Figure 1: Vietnam Tyre Market Size, By
Value, 2009 – 2013 (USD Billion) Two Wheeler,
33.00%
Passenger Car,
33.00%
Commercial Vehicle and
OTR,
34.00%
Two Wheeler,
33.00%
Passenger Car,
33.00%
Commercial Vehicle
and OTR,
34.00%
Figure 5: Vietnam Tyre Market Share, By Vehicle Type, By Volume, 2013 / 2019F
Southern Vietnam
2013 2019F
X% X%
Northern Vietnam
2013 2019F
X% X%
Central Vietnam
2013 2019F
X% X%
Figure 9: Vietnam Tyre Market Share, By Region, By Volume, 2013 & 2019F
Thailand,
20%
Japan,
20%China, 20%
Indonesia,
20%
Others , 20%
Figure 30: Vietnam Tyre Market Imports Share, By Country,
By Value, 2013
50
100
150
200
250
2009 2010 2011 2012 2013
Figure 31: Vietnam Tyre Imports, By Value, 2013 (USD
Million)

10. R e p o r t O r d e r i n g
10
© TechSci Research
Report Name: Vietnam Tyre Market Forecast and Opportunities, 2019
Product Price
To View Sample OR Purchase Report
License Type Price
Electronic Access - Single User License USD 2000
CD-ROM Mail Delivery USD 2600
Hard Copy Mail Delivery USD 3000
Electronic Access - Multi-User License USD 4500

11. A b o u t U s & D i s c l a i m e r
11
© TechSci Research
TechSci Research – North America
2950, Boundary Road, Burnaby,
British Columbia, Canada
Tel: +1- 646- 360-1656
Email: sales@techsciresearch.com
www.techsciresearch.com
About Us:
TechSci Research is a global market research and consulting company with offices in Canada, the UK and India. TechSci Research
provides market research reports in a number of areas to organizations. The company uses innovative business models that focus on
improving productivity while also ensuring the creation of high-quality reports. The proprietary forecasting models use various analyses
of both industry-specific and macroeconomic variables on a state-by-state basis to produce a unique ‘bottom-up’ model of a country,
regional and global industry prospects. Combined with the detailed analysis of company activity and industry trends, the result is a
uniquely rich evaluation of the opportunities available in the market.
Related Reports
India Tyre Market Forecast & Opportunities, 2019
Europe Tyre Market Forecast & Opportunities, 2019
Saudi Arabia Tyre Market Forecast & Opportunities, 2018
Partial List of Clients
Disclaimer:
The contents of this report are based on information generally available to the public from sources believed to be reliable. No representation is made that
it is timely, accurate or complete. TechSci Research has taken due care and caution in compilation of data as this has been obtained from various sources
including which it considers reliable and first hand. However, TechSci Research does not guarantee the accuracy, adequacy or completeness of any
information and it is not responsible for any errors or omissions or for the results obtained from the use of such information and especially states that it
has no financial liability whatsoever to the subscribers / users of this report. The information herein, together with all estimates and forecasts, can change
without notice. All the figures provided in this document are indicative of relative market size and are strictly for client’s internal consumption. Usage of
the same for purpose other than internal will require prior approval of TechSci Research.
TechSci Research – Europe
54, Oldbrook, Bretton,
Peterborough,
United Kingdom
Email: sales@techsciresearch.com
www.techsciresearch.com
TechSci Research – Asia-Pacific
A – 51, Sector -57, Noida, National
Capital Region, U.P. - India
Tel: +91-120-4243434
Email: sales@techsciresearch.com
www.techsciresearch.com