DUBLIN, Mar 16, 2017 /PRNewswire/ --
Research and Markets has announced the addition of the "Research Report on China Tire Industry, 2017-2021" report to their offering.
In 2016, the production volume of tires was about 1.71 billion in the global market, increasing slightly compared to 2015. It is estimated that from 2017 to 2021, the CAGR of global tire production volume will remain at 1% and emerging markets become growth drivers.
According to applications, the demand of tires can be classified into OEM demand in vehicle manufacturing and replacement demand in automobile after-market. In developed countries, due to the high market saturation in automobile market, the sales of tire are mainly from after-market.
Since 2000, China's automobile industry has been developing fast. From 2009 to 2016, China was the world's largest automobile manufacturer and the largest sales market for 8 years. Meanwhile, China was also the world's largest producer and exporter of tires. In 2016, the production volume in China reached 946.98 million, up by 2.36% YOY.
Chinese automobile industry develops rapidly after joining WTO, which promotes the development of the automobile tire industry. In 2016, the production volume of automobiles was 28.119 million, up by 14.5% YOY. The sales volume was 28.028 million, up by 13.7% YOY. Meanwhile, the automobile reserves are also increasing. By the end of 2016, civil automobile reserves reached 194 million, a huge contrast against the number of 24 million in 2003. The increased production volume and reserve volume of automobiles in China stimulate the demand for automobile tires.
Key Topics Covered:
1 Research Scope
2 Development Environment of China Tire Industry, 2016- 2017
3 Analysis of Supply in China Tire Industry, 2012-2016
4 Analysis on Demand for Tire in China, 2012-2016
5 Analysis and Forecast on Import and Export of Tires in China, 2012-2021
6 Major Multinational Enterprises in China Tire Market and Their Operation Status, 2012-2016
7 Analysis on Major Domestic Enterprises in China Tire Market, 2012-2016
8 Forecast on Development and Investment of China Tire Industry, 2017- 2021
- Aeolus Tyre Co., Ltd.
- Cheng Shin Rubber
- Continental AG
- Cooper Tires
- Double Coin Holdings Ltd.
- Giti Tire Co., Ltd
- Guizhou Tyre Co., Ltd.
- Hankook Tires
- Jiangsu General Science Technology Co., Ltd.
- Kumho Tire
- Qingdao Doublestar Tire Co., Ltd.
- Sailun Jinyu Co., Ltd.
- Shandong JINYU Tire Co., Ltd.
- Shandong Linglong Rubber Co., Ltd.
- Sumitomo Rubber Industries, Ltd.
- Triangle Tyre Co., Ltd.
- Zhongce Rubber Co., Ltd.
For more information about this report visit http://www.researchandmarkets.com/research/37wbfp/research_report
Research and Markets
Laura Wood, Senior Manager
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SOURCE Research and Markets