Iran Tire Market to Grow at 12% till 2021

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"Barez, Goldstone, Yazd and Kavir are few of the major domestic tire manufacturing companies, while Hankook, Kumho, Continental, Bridgestone and Michelin are the major global tire companies operating in Iran. Owing to restrictions on the operations of various major international tire brands in Iran, domestic tire brands dominated the country's tire market during 2011-2015. However, with the lifting of sanctions, various global companies are planning to enter or re-enter the country's tire market, which is a huge positive for the country's automobile industry, including the tire market.", said Mr. Karan Chechi, Research Director with TechSci Research, a research based global management consulting firm.

"Iran Tire Market Forecast & Opportunities, 2021" has evaluated the future growth potential of tire market in Iran, and provides statistics and information on market structure, imports and trends. The report is intended to provide cutting-edge market intelligence and help decision makers take sound investment evaluation. Besides, the report also identifies and analyzes emerging trends along with essential drivers, challenges and opportunities available in Iran tire market.

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