A recently released TechSci Research report, indicates that the tyre market in Iran is forecast to
grow at over 12 per cent CAGR during 2015-2020. Anticipated growth in automobile production and
sales is one of the major factors expected to boost tyre sales over the next five years in the
country. Owing to restrictions on the operations of various major international tyre brands in Iran,
domestic tyre brands have been dominating the country’s tyre market over the last few years.
Tyre market in Iran is concentrated majorly in Tehran and Kermanshah regions. Tehran is the economic
centre of Iran and about 50 per cent of the automobiles sold in Iran every year are registered in
Tehran. On the other hand, about 50 per cent of the Iran’s onshore oil reserves are located in
Khuzestan basin in Kermanshah region.
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