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Philippines tyre market
Due to governmental support of automobile, we need tyre making sector to import more rubber process oil . As we newly research of tyre market, We forecast that the tyre market in the Philippines to cross usd970 million. Major factors propelling growth include increasing concentration of automobile oems in the country, rapid infrastructure developments, and favorable trading and policy environment. We expect Region-wise, a major portion of the demand for tyres to stem from the national capital region (ncr) of the country due to high levels of urbanization and a large automotive fleet size in the region.
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