Data is validated by triangulation method, wherein secondary, primary data

Tire Materials Market Analysis

Research Methodology

The preliminary stage of research analysis included company mapping pertaining to the each type of tire material, which is necessary for understanding the market scenario. Further, the composition of each type of tire was determined through primary and secondary research. Further stages of research involved counter validation of data collected using top-down and bottom-up approaches. To analyse the global tire materials market trends and opportunities for Tire materials manufacturers, the global tire materials market has been segmented on the basis of material type, tire type, vehicle type and regions.

For the analysis of consumption, FMI considers FY 2017 as the base year. Basic data was collected from manufacturers’ annual reports, newsletters, public reports published by government as well as private agencies, World Bank’s sources, Trade Map sources and by tracking tire production activities, etc. Further, the collected data was validated through primary research techniques that involved manufacturers, distributors, end-user procurement agencies and regional representatives.

Tire Materials Market Analysis

For final analysis of market data, FMI has considered demand side as well as supply-side drivers and trends in various regional markets. Analysts have forecasted the market data on the basis of key developments, regional trends and production –consumption scenario of tire materials.

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