Tire Market Analysis -Are Tires Made In Thailand Any Good

Choosing Thai tyres?

Thailand is a major producer of raw material.

Thailand’s rubber production accounts for 37% of the world’s natural rubber supply, and raw material are very rich. Thailand tire manufacturers industry has developed rapidly relying on its rubber advantages.

Thailand Tyre Tariffs?

Thailand has the advantage of zero tariffs in the ASEAN Free Trade Area (AFTA). Related tyre enjoy tax incentives and are exempt from corporate income tax for 8 years.Thailand tires production machinery is exempt from import duties, and export products are exempt from import duties on tyre raw materials. This significantly reduces costs for consumers in the import process.

Tire Market Analysis Frico tire factory thailand tire manufacturers

Thailand Tires car market?

Thailand is the fifth largest automotive market in the world and has a share in the global automotive market. It is the most important auto sales and producer in Asia after China, Japan and South Korea.Thailand government continues to support industrial development by establishing the Automotive and The Tyre Testing Research and Innovation Center (ATTRIC) to improve the quality of automotive parts and make Thailand an ASEAN testing and certification center. In Thailand, automotive manufacturing is the largest pillar industry, accounting for about 12% of GDP. Automobile production and sales have always been economic indicators, so the output of tires is very stable and guaranteed.

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Thailand Tyre Government Investment?

In terms of industrial technology, Thailand government is not only an automotive tire manufacturing center, but also an aviation thailand tire manufacturers center. The  government is investing on an unprecedented scale. It has spared no expense in building tyre testing facilities.

The government encourages foreign automobile manufacturers to invest in the local plant, give various preferential investment policies such as tax relief, and then cooperate with the ASEAN Free Trade Area (AFTA) zero tariff advantage, there are as many as 16 international automobile brands in Thailand tire manufacturers to set up factories to produce and assemble automobiles, and the consumption strength is also amazing.

With a population of nearly 700 million in the ASEAN region and an annual demand of nearly 6 million vehicles, its domestic market reached 1.436 million units in 2012; The export strength is considerable, and the number of export exports has grown from 770,000 in 2008 to 1.14 million in 2018. With the growth of car sales in Thailand year by year, it means that the tire market sales also have an increasing demand.

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Choose Thailand Tires for high-quality output, low tariffs, and advanced technology. Thailand tire manufacturers produces a range of tire types for cars, commercial vehicles, and heavy-duty trucks.Thailand’s favorable trade policies result in cost-effective tire exports.Advanced production technology ensures superior quality, performance, and safety.Opt for Thailand Tires and experience reliable output, competitive pricing, and innovative technology.

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About Frico Thailand Tire

Frico thailand tyre manufacturers boasts of an illustrious history spanning back almost a century since its inception in 2016. Our experience in producing high-quality tires is second to none, having been part of the rubber industry’s evolution from a fledgling industry to the behemoth it is today. Throughout our history, Frico tire has made remarkable contributions to the world tire industry, a testament to our mission of providing our customers with best-in-class tire solutions.

Frico tire Co., Ltd. (thailand tyre manufacturers)is a well-known tire manufacturing enterprise renowned for producing high-quality tire solutions,which tyre made in thailand. Our headquarters are situated in the bustling city of Bangkok while our intelligent production plant is in Rayong Rubber Industrial Park. Our comprehensive range of products includes TBR, OTR, and more. Thanks to the strong technical research and development capabilities, we have managed to emerge as a national technical center.

Our products are known for stable and reliable quality, with a broad spectrum of specifications and models to choose from.Besides, thai tires are certified by reputable and prominent organizations such as the U.S. Department of Transportation (DOT), European Economic Center (ECE), and Brazil’s INMETRO. With our products sold in over 100 countries worldwide, we are committed to delivering exceptional products and services that keep our customers satisfied.