Research Report of Chinese Tire Industry, 2012
China Research and Intelligence Co., Ltd. (CRI)
Published Date » 2012-03-21
No. Of Pages » 80
In 2011, output of Chinese rubber cover tires reached 832.1 million, rising by 8.55% YOY. Among it, output of radial tire was 393 million, accounting for 47.25% of the total output. Radial rate of Chinese automobile tires further rose. From the aspect of output in different regions, the output of cover tires in Shandong Province reached 300 million, increasing by 3.12% YOY and accounting for 36.60% of the total output in China. Jiangsu Province, Zhejiang Province and Anhui Province followed closely.
In 2011, the sales revenue of Chinese tire manufacturing enterprises exceeded CNY 400 billion. In recent years, China encounters severe inflation and the prices of tires' raw materials keep rising. Moreover, the rising procurement cost of raw materials of Chinese tire manufacturers results from the adjustment of Chinese monetary policy as well as the frequent occurrence of natural disasters in Southeast Asia which makes the demand of natural rubbers exceed supply. In 2011, the sales revenue of China's tires was mainly increased by the rising price of rubbers and the increasing share of highgrade tires.
International tire giants have begun to successively enter China since the 1990s. Attracted by Chinese low production cost, multinational tire enterprises mostly regard China as one of their important production bases around the world. Such advantages as huge market demand and low cost in China greatly appeal to tire investments from the world. Currently, over a half of Chinese tire market has been occupied by foreignfunded enterprises. Besides, foreignfunded enterprises firmly dominate Chinese highend market, and their profit rate is generally twice or even much higher than that of Chinese domestic enterprises.
In China, international tire giants possess huge advantages, while most domestic enterprises are in small scale with less strength. According to incomplete statistics of China research and Intelligence, by the end of 2011, there were over 500 Chinese tire manufacturing enterprises. In the next 3 to 5 years, Chinese tire industry is predicted to accelerate the speed of M&A, and many small and mediumsized enterprises will fade away, i.e. these enterprises will either be acquired by advantageous enterprises or go bankrupt.
In 2009, Chinese tire export amount dropped by 4.7% YOY, while in 2010 Chinese tire export amount rose by 35.2% YOY, reaching USD 10.388 billion. In 2011, Chinese tire export amount even increased by more than 40% YOY, reaching USD 14.762 billion. The tire export of China has basically overcome the influence of Special Protection Case.
In 2011, under the conditions of the exports increasing and price of natural rubbers falling, the profit of Chinese tire enterprises slightly improved.
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 2011, the automobile reserve number of per 1,000 people in China was less than 80, lagging far behind the level of 600800 per 1,000 people in developed countries. It is estimated that Chinese automobile market will maintain the annual growth rate of over 10% in the next few years, and the annual growth rate of Chinese tire market will exceed 15% with the 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.
As China has basically possessed complete upstream and downstream of the tire industry chain and relatively cheap energy and low price of labor force, Chinese tire industry still owns huge advantages compared with some other developing countries in recent years, and sees a gradual growth in export and domestic demand in the next few years.
The annual output of China's tires accounts for about 1/4 of the world's total. China has become the largest manufacturer, exporter, and consumer country of tire industry in global. The homogenization of China's tire industry is severe, i.e., simply seeking the growth of quantities and coping production capacity which cause the low technological and valueadded products, as well as the fast expansion of medium and lowend production capacity. So enterprises have to seize market by means of price reduction, which leads to the intensified market competition and the vicious circle of the industry. The export of Chinese tire is facing increasing trade barriers, and the way of low costs has come to an end. Aiming to maintain longterm and stable development, Chinese tire industry must change its development pattern, i.e. transferring from exportoriented pattern to domestic demandled pattern.
Through this report, more following information can be acquired:
- Development Course of Chinese Tire Industry
- Development Environment of Chinese Tire Industry
- Supply and Demand of Chinese Tire Industry
- Competition of Chinese Tire Industry
- Analysis on Major Multinational Enterprises and Localized Enterprises in Chinese Tire Industry
- Exit Barriers for Chinese Tire industry
- M&A in Chinese Tire Industry
- Development Trend of Tire Industry
- Investment Opportunities 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 and Research Institutions Concerned About Tire Industry
Table Of Content
1 Basic Concepts of Tire Industry
1.1 Development History and Relevant Concepts of Tires
1.1.1 History of Tire
1.1.2 Structure of Tire
1.2 Development Course of Chinese Tire Industry
2 Development Environment of Chinese Tire Industry, 2011-2012
2.1 Economic Environment
2.1.1 International Economic Environment
2.1.2 Chinese Economic Environment
2.2 Policy Environment
2.2.1 Trade Barriers for Chinese Tire Industry
2.2.2 Domestic Policy Environment
2.3 Operations of Chinese Automobile Industry
2.3.1 Sales of Chinese Automobile, 2010-2011
2.3.2 Predictions on Sales of Chinese Automobile, 2012
2.4 Upstream Industries of Chinese Tire Industry
2.4.2 Carbon Black
2.4.3 Steel Cord
3 Analysis and Prediction on Supply of Chinese Tire Industry, 2011-2012
3.1 Analysis on Production of Chinese Tire Industry, 2011
3.1.1 Production of Tire
3.1.2 Product Structure of Tire
3.1.3 Prediction on Production Trend of Chinese Tire, 2012-2016
3.2 Analysis on Competition of Chinese Tire Industry
3.2.1 Barriers to Entry and Exit for Chinese Tire Industry
3.2.2 Competition in Chinese Tire Industry
3.2.3 Competition Between Foreign-funded Enterprises and Chinese Domestic Enterprises
3.2.4 Competition of Segmented Products
3.3 Investment in Chinese Tire Industry, 2011-2012
3.3.1 Analysis on Investment of Domestic Tire Enterprises
3.3.2 Investment of Foreign-funded Tire Enterprises in China
3.3.3 Investment in Chinese Tire-related Industries
4 Analysis and Prediction on Demand of Chinese Tire Industry, 2011-2012
4.1 Overview on Demand of Chinese Tire Industry
4.1.1 Total Consumption of Chinese Automobile Tires, 2011
4.1.2 Prediction on Total Consumption of Chinese Automobile Tires, 2012-2016
4.2 Demand Segmentation of Chinese Tire Industry, 2011
4.2.1 Automobile Supporting (OEM) Market
4.2.3 Radial Tire
4.2.4 Engineering Machinery Tire
5 Analysis and Prediction on Import and Export of Chinese Tire Industry, 2011-2012
5.1 Chinese Tire Export
5.1.1 Overview on Chinese Tire Export
5.1.2 Major Export Markets of Chinese Tires
5.1.3 Countermeasures of Chinese Tire Enterprises to Cope with International Financial Crisis and Trade Barriers
5.1.4 Prediction on Chinese Tire Export, 2012-2016
5.2 Chinese Tire Import
5.2.1 Overview of Chinese Tire Import
5.2.2 Major Import Sources of Chinese Tires
5.2.3 Major Import Varieties of Chinese Tires
5.2.4 Prediction on Chinese Tire Import
6 Analysis on Major Multinational Enterprises in Chinese Tire Market, 2011-2012
6.1.1 Corporate Profile
6.1.2 Operations of Bridgestone in Chinese Tire Market
6.1.3 Superiorities and Development Strategies of Bridgestone in Chinese Tire Market
6.2.1 Corporate Profile
6.2.2 Operations of Michelin in Chinese Tire Market
6.2.3 Superiorities and Development Strategies of Michelin in Chinese Tire Market
6.3.1 Corporate Profile
6.3.2 Operations of Goodyear in Chinese Tire Market
6.3.3 Superiorities and Development Strategies of Goodyear in Chinese Tire Market
6.4 Continental AG
6.4.1 Corporate Profile
6.4.2 Operations of Continental AG in Chinese Tire Market
6.4.3 Superiorities and Development Strategies of Continental AG in Chinese Tire Market
6.5.1 Corporate Profile
6.5.2 Operations of Pirelli in Chinese Tire Market
6.5.3 Superiorities and Development Strategies of Pirelli in Chinese Tire Market
6.6 Sumitomo Rubber Industries, Ltd.
6.6.1 Corporate Profile
6.6.2 Operations of Sumitomo Rubber Industries, Ltd. in Chinese Tire Market
6.6.3 Superiorities and Development Strategies of Sumitomo Rubber Industries, Ltd. in Chinese Tire Market
6.7 Yokohama Rubber
6.7.1 Corporate Profile
6.7.2 Operations of Yokohama Rubber in Chinese Tire Market
6.7.3 Superiorities and Development Strategies of Yokohama Rubber in Chinese Tire Market
6.8.1 Corporate Profile
6.8.2 Operations of Hankook in Chinese Tire Market
6.8.3 Superiorities and Development Strategies of Hankook in Chinese Tire Market
6.9 Cooper Tire and Rubber Company
6.9.1 Corporate Profile
6.9.2 Operations of Cooper Tire and Rubber Company in Chinese Tire Market
6.9.3 Superiorities and Development Strategies of Cooper Tire and Rubber Company in Chinese Tire Market
6.10 Cheng Shin Rubber
6.10.2 Operations of Cheng Shin Rubber in Chinese Tire Market
6.10.3 Superiorities and Development Strategies of Cheng Shin Rubber in Chinese Tire Market
6.11 Kumho Tire
6.11.1 Corporate Profile
6.11.2 Operations of Kumho Tire in Chinese Tire Market
6.11.3 Superiorities and Development Strategies of Kumho Tire in Chinese Tire Market
6.12 Toyo Tire and Rubber Co., Ltd.
6.12.1 Corporate Profile
6.12.2 Operations of Toyo Tire and Rubber Co., Ltd. in Chinese Tire Market
6.12.3 Superiorities and Development Strategies of Toyo Tire and Rubber Co., Ltd. in Chinese Tire Market
7 Analysis on Major Localized Enterprises in Chinese Tire Market, 2011-2012
7.1 Hangzhou Zhongce Rubber Co., Ltd.
7.1.1 Corporate Profile
7.1.3 Corporate Superiorities and Development Strategies
7.2 Giti Tire
7.2.3 Corporate Superiorities and Development Strategies
Document Structure of Sector 7.3-7.12 is similar to 7.1-7.2
7.3 Triangle Group Co., Ltd.
7.3.1 Corporate Profile
7.3.3 Corporate Superiorities and Development Strategies
7.4 Linglong Group
7.5 Aeolus Tyre Co., Ltd.
7.6 Double Coin Holdings Ltd
7.7 Xingyuan Group
7.8 Qingdao Doublestar Tire Co., Ltd.
7.9 Wanda BOTO Tyre Co., Ltd.
7.10 Shandong Jinyu Tire Co., Ltd
7.11 Sailun Co., Ltd.
7.12 Guizhou Tyre Co., Ltd.
8 Prediction on Development and Investment of Chinese Tire Industry, 2012-2016
8.1 Factors Influencing Development of Chinese Tire Industry
8.1.1 Favorable Factors
8.1.2 Unfavorable Factors
8.2 Analysis on Investment Risks of Chinese Tire Industry
8.2.1 Economic Risk
8.2.2 Policy Risk
8.2.3 Other Risks
8.2.4 Recommendations on Investment Risk Aversion
8.3 Prediction on Development Trend of Chinese Tire Industry, 2012-2016
8.3.1 Supply Prediction
8.3.2 Demand Prediction
8.4 Prediction on Investment Opportunities of Chinese Tire Industry, 2012-2016
List of TablesNA
List of Figures
Chart Radial Rate of Chinese Automobile Tires, 2004-2011
Chart Output of Chinese Tire Industry, 2006-2011
Chart Prediction on Chinese Automobile Reserves, 2012-2016
Chart Demand of Chinese Automobile Tire Market, 2006-2011
Chart Market Scale of Chinese Tire Industry, 2006-2011
Chart Prediction on Demand of Chinese Automobile Tire Market, 2012-2016
Chart Tire Demand of Chinese Automobile Supporting (OEM) Market, 2006-2011
Chart Prediction on Tire Demand of Chinese Automobile Maintenance Market, 2012-2016
Chart Top 10 Import Source Countries of Chinese Tires, 2011
Chart Export of Chinese Tires, 2006-2011
Chart Chinese Tire Output Prediction, 2012-2016
Chart Chinese Tire Demand Prediction, 2012-2016
Building-Integrated Photovoltaics (BIPV) Market - Global Industry Size, Market Share, Trends, Analysis And Forecasts 2012 - 2018
By - Transparency Market Research
Building integrated photovoltaics (BIPV) market makes up an important part of current world Photovoltaics market. The global market for BIPV is expected to reach the capacity of 11,392 megawatts by the year 2015 at the compounded annual growth rate of 56%. Among the various segments of this market, BIPV roofing is the largest segments accounting for 3,197 megawatts by year 2015 with the CAGR of 51%. Increase in the demand for energy and rapidly depleting energy sources are creating the need for alternative energy sources. Building integrated photovoltaics will enable...
Next Generation Display Market - Global Industry Analysis, Market Size, Share, Trends, Analysis, Growth And Forecast, 2013 - 2019
By - Transparency Market Research
Advancements in optoelectronics and nanotechnology have changed the display technology in last few years. Due the environmental issues there is high demand for the green products and energy efficient products. With consuming less energy providing other qualities such as high resolution, better display quality and improved backlight are provided by next generation display technologies. 4K technology which refers to 4,000 pixels in horizontal resolution in various digital formats used mainly in shooting motion pictures and scanning 35 mm film into digital. Products using 4K technology are...
Poland: quartzite market
By - Williams and Marshal Strategy
This report presents a comprehensive overview of the quartzite market in Poland and its state as of January 2014. It provides detailed analysis of the industry, its dynamics and structure. The purpose of the report is to describe the state of the quartzite market in Poland, to present actual and retrospective information about the volumes and dynamics of production, imports, exports and consumption, the characteristics of the market for the period 2008-2012 and to build a forecast for the market development until 2018. In the same way, the report presents an elaborate overview of the main...
We will be happy to help you find what you need.
Please call us or write us:
Please call us or write us:
866-997-4948 (Us-Canada Toll Free)
Select License type:
- Indian Salon Hair and Skin Products Industry Report
- Belgium: Despite Slow Regulatory Changes, Mobile Data to Boom
- The Future of the Fragrances Market in Brazil to 2018
- The Future of the Fragrances Market in Colombia to 2018
- The Future of the Fragrances Market in France to 2018
- The Future of the Fragrances Market in India to 2018
- The Future of the Fragrances Market in Japan to 2018
- The Future of the Fragrances Market in Norway to 2018
- The Future of the Fragrances Market in Romania to 2018
- The Future of the Fragrances Market in South Africa to 2018
Private Schools Have Higher Male Teaching Staff Than State Schools: Report
Oct 22, 2014
Private and state education has always been a matter of debate across the UK. A recent study has shown that when it comes to teaching employment options, the difference between state-run and private education in terms of gender balance is absolutely clear. A report by the Independent Schools Council (ISC) shows that while women dominate both the education medium, the number of...
Abbots First Australian Renewable Energy Deal Rejected
Oct 22, 2014
The Abbot government’s initial deal for a renewable energy plan has been immediately rejected by the clean energy industry and Labor. The negotiations are about a bipartisan agreement regarding the future of the Australian renewable energy target. The Labor party rejected the first plan as being a job-killer before it was even announced. The plan, they said, would protect solar...
Chemical Production in Europe Flatlines in First Seven Months of 2014
Oct 21, 2014
The recently published report by European Chemical Industry Council (Cefic) shows overall chemical production in Europe has flatlined in first seven months of this year. Though the initial four months showed a positive trend, the production volumes dropped in July 2014 and in the following months as well. The contraction in output in the three consecutive months has nullified the upward trend...
Actavis to Compete for Omega Pharma
Oct 20, 2014
Actavic Plc has declared that it will become one of the bidders for the Omega Pharma NV deal, as the United States based drug maker keeps searching for more takeovers. Actavis will be competing against Boehringer Ingelheim GmbH, Sanofi and Perrigi Co. for Omega Pharma. Actavis places themselves as a potential suitor along with quarry in a multitude of potential pharma combinations....
Sale of iPhone Fuels UKs s
Oct 20, 2014
With the sale of Apple Inc.’s latest smartphone, consumer expenditure on electronics has registered a three-year high this September. The new iPhone 6 and iPhone 6 Plus were launched in the U.K. on September 19 and buyers from across the country raced to purchase the newest smartphone. Both these smartphones are so far the fastest selling Apple products with a sale of over 10 million...