Research Report On Chinese Tire Industry
Online, July 13, 2011 (Newswire.com) - It took three months for China Research and Intelligence to complete this report. When China Research and Intelligence wrote Research Report on Chinese Tire Industry (2008 version), the international financial crisis had exerted no obvious impact on Chinese tire industry yet, and the industry was at a low ebb when Research Report on Chinese Tire Industry (2009 version) was written. Fortunately, in 2010, driven by domestic demand, Chinese tire industry began to recover gradually. In 2009, Chinese tire export amount dropped by 4.70% YOY, while in 2010 Chinese tire import amount rose by 35.20% YOY, reaching USD 10.39 billion.
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In 2010, tire output of Chinese rubber tires reached 776.34 million, rising by 19.82% over 2009. In 2010, Chinese bias tire output basically leveled off over 2009, and radial rate of automobile tires further rose.
Though China has become the world's largest new automobile market since 2009, the number of automobile ownership per capita in China is still small. In 2010, automobile reserves per 1,000 people in China were less than 70, far lagging behind the level of 600-800 automobiles per 1,000 people in developed countries.
It is estimated that Chinese automobile market will maintain the annual growth rate of over 15% in the next few years, and the annual growth rate of Chinese tire market will exceed 20% with increasing Chinese automobile reserves. In Chinese automobile tire market, demand for replacement tires is about twice that for supporting tires in the maintenance market, accounting for over 2/3 of the entire tire market. It is forecasted that China will turn into the world's largest tire market in the near future.
Through this report, more following information can be acquired:
• Development course of Chinese tire industry
• Development environment encountering Chinese tire industry
• Supply and demand of Chinese tire industry
• Competition of Chinese tire industry
• Status quo of related industries of Chinese tire industry
• Analysis on major multinational enterprises in Chinese tire industry
• Analysis on major localized enterprises in Chinese tire industry
• Exit barriers encountering Chinese tire industry
• M&A analysis of Chinese tire industry
• Development trend of tire industry
• Investment opportunity analysis of Chinese tire industry
Following people are recommended to buy this report:
• Tire manufacturers
• Automobile manufacturers
• Upstream rubber, carbon black and steel cord enterprises
• Tire importers and exporters
• Investors concerned about tire industry
• Research institutions concerned about tire industry
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