Risk Analysis for Tire Industry is an important tool to assess the prevailing risk within the industry. Risk is often considered contagious, as Industry-wide risks often impact one company after another, within an entire industry.听
Tire Industry is highly concentrated and virtually ruled by 10-15 players, globally. The industry is segmented in two broad categories:
Passenger tire market is classified according to vehicle types (2 wheeler, four-wheeler), SUV, MUV and luxury cars/ vans.听Commercial tires further classified in subcategories which includes range of tires i.e. winter tires, agriculture tires, Off-the-road tires, racing tires and aviation tires
听
听
*If Applicable.