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Qatar Tire (Tyre) Market - 2023 | TechSci Research

Qatar Tire Market By Vehicle Type, By Radial Vs Bias, By Rim Size, By Price Segment, By Sales Channel (Online Vs Offline), Competition Forecast & Opportunities, 2013 - 2023. Read - https://bit.ly/2RG6BzJ

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Qatar Tire (Tyre) Market - 2023 | TechSci Research

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  1. Qatar Tyre Market Forecast & Opportunities, 2020 M arketIntelligence .Consulting

  2. P r o d u c tO v e r v i ew ProductDefinition Global tyre supplier Michelin defines tyre as, “A precisely engineered assembly of rubber, chemicals, fabric, and metal, designed to provide traction, cushion road shock and carry a load under varyingconditions.” Classification According to VehicleType VehicleSegment Sub-Segment CustomerSegment X X PassengerCar X X X Light Commercial Vehicle X X X Medium & Heavy CommercialVehicle X X X X OTR(Off-the-Road) Vehicle X X 2 ©TechSci Research

  3. T a b l e o f C o n t e n ts S.No. Contents 1. Research Methodology 2. AnalystView 3. ProductOverview 4. • Qatar Tyre MarketOutlook • Market Size &Forecast • By Value &Volume • Market Share &Forecast • By VehicleType • ByCompany • ByRegion • Qatar Passenger Car (PC) Tyre MarketOutlook • Market Size &Forecast • By Value &Volume • Market Share &Forecast • By VehicleType • Qatar Medium and Heavy Commercial Vehicle (M&HCV) Tyre MarketOutlook • Market Size &Forecast • By Value &Volume • Market Share &Forecast • By VehicleType 5. 6. 3 ©TechSci Research

  4. T a b l e o f C o n t e n ts S.No. Contents 7. • Qatar Light Commercial Vehicle (LCV) Tyre MarketOutlook • Market Size &Forecast • By Value &Volume • Market Share &Forecast • By VehicleType • Qatar Off-The-Road (OTR) Tyre MarketOutlook • Market Size &Forecast • By Value &Volume • Market Share &Forecast • By VehicleType • Import-ExportAnalysis 8. 10. 11. • MarketDynamics • MarketDrivers • MarketChallenges • Market Trends &Developments • Decreasing Acceptance Level of RetreadingTyre • Increasing Influence of ChineseTyre • Rising AutomobileSales • Recycling ofTyres • Ban Imposed on Balloon Tyres inQatar 12. 4 ©TechSci Research

  5. T a b l e o f C o n t e n ts S.No. Contents 13. Policy & RegulatoryLandscape 14. Qatar EconomicProfile 15. • CompetitiveLandscape • BridgestoneCorporation • ContinentalAG • Yokohama Ali Bin Khalifa Al Hitmi &Co. • Hankook Tyre Co.Ltd. • MichelinAIM • Sumitomo Rubber Middle EastFZE • Pirelli Tyre(Suisse) SA Middle EastBranch • Apollo tyresLtd. • Shandong Wanda BOTO Tyre Co.Ltd. • Toyo tires & Rubber co.,Ltd • StrategicRecommendations 16. 17. About Us &Disclaimer 5 ©TechSci Research

  6. R e s e a r c h M e t h o d o l o gy BaselineMethodology: For the study, TechSci Research has gathered information through primary research surveys with 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 the same in chronological order to depict a meaningful and clear picture of the tyre market inQatar. 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. We use innovative business model that focuses on improving productivity, which ensuring creation of high-quality reports. The reports are prepared with in-depth primary research, followed by exhaustive secondaryresearch. Primary Research – Distributors Interviewed Few of Sources of SecondaryResearch 6 ©TechSci Research

  7. R e s e a r c h M e t h o d o l o gy For the preparation of Qatar tyre report, bottom-up model has been used, which has been then cross validated by using top downapproach. Vehicle Sales & FleetSize: The basic data points that were needed for the analysis of Qatar tyre market are the historical, current and forecast figures for vehicle sales and fleet size. Data for fleet size has been extracted through various government sources and credible data portals. TechSci Research has maintained a database for vehicle sales and fleet size for each vehicle segment (passenger cars, light commercial vehicle, medium & heavy commercial vehicles & off-the-road vehicles), which is regularly updated through various primary research surveys and secondary sources such as automotive associations & governmentpublications. Tyre Demand: Replacement TyreSales Replacement tyre demand of a particular country is directly dependent on country’s vehicle fleet size and historical vehicle sales. Therefore, the replacement demand is extracted by multiplying the vehicle fleet with the replacement tyre ratio, which is obtained by conducting a series of surveys with car owners to understand the frequency of tyre replacement as it varies for different countries depending upon factors such as road conditions, climate, economic and regulatory policies applicable in the country. The replacement ratio is expressed as a percentage; and is considered to be 100% if one tyre is replaced per vehicle per year. Example for passenger car replacement tyre demandcalculation: Passenger Car Fleet Size(Volume) Replacement Ratio(%) Replacement TyreDemand X X No. ofTyres = 1,00,000 X 10% X 4 = 40,000Tyres 7 ©TechSci Research

  8. R e s e a r c h M e t h o d o l o gy The calculated replacement tyre demand data is further analyzed by TechSci Research through Delphi Technique i.e. multiple rounds of telephonic interviews were conducted with tyre companies/dealers in Qatar. The information thus gathered through primary interviews was cross-verified through industry experts and secondary sources such as annual reports and paid databases to generate meaningfulresults. Tyre Trade (Import &Export): TechSci Research has analyzed tyre imports and exports in Qatar. The data has been gathered through government agencies and credible paid databases. The total tyre trade in Qatar has been segmented in accordance with the below mentioned HSCodes: 8 ©TechSci Research

  9. R e s e a r c h M e t h o d o l o gy The import figures for each HS Code have been depicted in value (USDMillion). Tyre BrandsMapping: TechSci Research has mapped all tyre brands that are being sold in Qatar. TechSci Research has gathered this information through primary and secondary research. The brands that are being sold in Qatar are further segmented into “Foreign Brand” and “Chinese Brand”. The objective behind brand mapping is to understand more about the competition such as market share, current targets, future strategy,etc. Forecast: For forecasting the numbers, we have predominantly used Time Series Analysis and RegressionAnalysis. 9 ©TechSci Research

  10. I n d u s t r yB r i ef Qatar Tyre Market to Grow at 11% CAGR Until2020 Growing automobile sales, increasing demand for low cost tyres and booming construction industry to drive Qatar tyre market over the next fiveyears According to TechSci Research report, “Qatar Tyre Market Forecast & Opportunities, 2020”, tyre market in Qatar is forecast to grow at a CAGR of more than 11% during 2015 – 2020 on account of rising automobile sales, expanding automobile fleet and growing proliferation of flagship tyre brands due to increasing purchasing power of end consumers. Apart from the FIFA World Cup 2022 to be held in Qatar, another major factor expected to drive tyre sales in Qatar is “Qatar National Vision 2030”,a government program that aims at strengthening the country’s infrastructure and roll-out various other programs for achieving high and sustaining long-term growth in the country. Also, booming construction sector in Qatar is expected to significantly boost the country’s OTR tyre segment during the forecastperiod. Due to absence of tyre manufacturing in Qatar, the market is supported by the replacement demand only, which is catered by import of tyres from various parts of the world. Around one third of the tyre sales in Qatar are accounted for by the Chinese tyre brands, which are available at a cheaper price compared to the premium flagship tyre brands operating in the country. Though, there is a considerable penetration of low cost Chinese tyres in the country’s tyre market, the market share of these tyre companies is expected to decline during the forecast period due to increasing proliferation of the flagship tyre brands that offer better technology and improved tyre shelllife. “Majority of construction activities in the coming years are planned in Doha and ArRayyan regions, and consequently, these two regions are expected to witness maximum demand growth for commercial, OTR and passenger tyres in the coming years. Moreover, continuing rise in employment opportunities, growing urbanization and increasing immigration are boosting adoption of new tyre technologies in the country, and this trend is expected to continue over the next five years.” said Mr. Karan Chechi, Research Director with TechSci Research, a research based global management consultingfirm. 10 ©TechSci Research

  11. S a m p l e D a t a - S n a p s h ot Qatar Tyre Market Share, By Company, By Volume,2010-2020F 30.00% 30.01% 30.02% 30.03% 30.04% 30.05% 30.06% Qatar Tyre Market Share, By Region, By Volume, 2014 &2020F 2014:X% 2020F:X% 2014:X% 2020F:X% Doha AlRayyan 6.00% 6.01% 6.02% 6.03% 6.04% 6.05% 6.06% 21.00% 21.01% 21.02% 21.03% 21.04% 21.05% 21.06% 2014:X% 2020F:X% 2014:X% 2020F:X% UmmSalal 2014 2015E 2016F 2017F 2018F 2019F2020F AlWakra Chinese Bridgestone Sumitomo Qatar Light Commercial Vehicle (LCV) Tyre Market Size, By Value (USD Million), By Volume (Million Units),2010-2020F 2014:X% 2020F:X% AlShamal 2014:X% 2020F:X% AlKhor 25 23 21 19 2014:X% 2020F:X% 17 AlDaayen 15 12 11 11 10 9 9 8 7 7 5 2 5 4 3 3 1 Qatar Tyre Market Share, By Vehicle Type, By Volume,2010-2020F 2010 2011 2012 2013 2014 2015E 2016F 2017F 2018F 2019F2020F Value (USDMillion) 58.00%58.01%58.02%58.03%58.04%58.05%58.06%58.07%58.08%58.09%58.10% Qatar Tyre Market Size, By Value (USD Million),By Volume (Million Units),2010-2020F 25 23 20.00%20.01%20.02%20.03%20.04%20.05%20.06%20.07%20.08%20.09%20.10% 21 19 17 15 10.00%10.01%10.02%10.03%10.04%10.05%10.06%10.07%10.08%10.09%10.10% 6.00% 6.01% 6.02% 6.03% 6.04% 6.05% 6.06% 6.07% 6.08% 6.09%6.10% 12 11 11 10 9 9 8 7 7 5 5 4 13 3 2 11 2010 2011 2012 2013 2014 2015E 2016F 2017F 2018F 2019F2020F 20102011201220132014 2015E 2016F 2017F 2018F 2019F2020F PassengerCarTyre LCVTyre ©TechSci Research M&HCVTyre OTRTyre* Value (USD Million) Volume (MillionUnits)

  12. R e p o r tO r d e r i ng Report Name : Qatar Tyre Market Forecast & Opportunities,2020 ReportPrice LicenseType Price Electronic Access - Single UserLicense $2500 CD-ROM MailDelivery $3000 Hard Copy MailDelivery $3500 Electronic Access -Multi-UserLicense $5000 To View Sample OR PurchaseReport You can browse the Updated Report for “Qatar Tyre Market, 2023” https://bit.ly/2RG6BzJ 12 ©TechSci Research

  13. About Us TechSci Research is a global market research and consulting company with offices in Canada, India and the UK. 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 ensuring 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 themarket. RelatedReports Saudi Arabia Tyre Market Forecast & Opportunities,2020 UAE Tyre Market Forecast & Opportunities,2020 Iran Tyre Market Forecast & Opportunities,2020 Partial List ofClients 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 TechSciResearch. TechSci Research – NorthAmerica 2950, Boundary Road, Burnaby, British Columbia,Canada Tel: +1- 646-360-1656 Email:sales@techsciresearch.com www.techsciresearch.com TechSci Research –Europe 54, Oldbrook, Bretton, Peterborough, UnitedKingdom Email:sales@techsciresearch.com www.techsciresearch.com TechSci Research – Asia-Pacific A – 51, Sector -57, Noida,National Capital Region, U.P. -India Tel:+91-120-4523900 Email:sales@techsciresearch.com www.techsciresearch.com 13 ©TechSci Research

  14. You can browse the Updated Report for “Qatar Tyre Market, 2023” https://bit.ly/2RG6BzJ 13 ©TechSci Research

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