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Global and China Tire Industry Report, 2014-2015


News provided by

Bharat Book Bureau

Apr 22, 2015, 05:30 ET

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MUMBAI, April 22, 2015 /PRNewswire/ --

The report highlights: 

1. Global Automobile Industry and Market;

2. China Automobile Industry and Market; 

3. Global Tire Industry and Market;

4. Tire Industry and Market in China and the United States;

5. 26 Typical Tire Vendors.

2014 marked a bumper year for the tire industry. The declining price of natural rubber helped substantial cost reduction of tire vendors; the tire price performed more stably than the costs although it dropped as well. Despite the shrunk revenue in 2014, almost all tire producers saw higher profit margins. This situation continues in 2015, reflected in the falling price of natural rubber and the slight decline in the tire price.

What comes to the momentous event in the tire industry in 2015 is that the state-owned Sinochem is probable to acquire the shares of the world's fifth largest tire company -- Pirelli to demonstrate the strength of China in the capital field, which is a blockbuster in the tire industry. For a long time, Chinese tire makers have not found a way into the field of sedan OE Tires, so they primarily target RT and truck tire markets. Pirelli is the most important tire supplier for BMW, and the second largest supplier for Mercedes-Benz, also one of Ford's main suppliers. Through the acquisition of Pirelli, Chinese vendors have begun to supply OE Tires for luxury cars.

To order this report and request for sample page: 

https://www.bharatbook.com/automotive-market-research-reports-313004/global-china-tire.html

In future, Chinese companies may make more acquisitions to expand the market, obtain technologies and avoid the anti-dumping investigation of the United States. Finland-based Nokian, America-based Titan and CTP, Russia-based Nizhnekamskshina and OJSC, as well as Belarus-based JSC Belshina Belarus are likely to be potentially taken over. If Chinese companies take over Nokian, they will seize the excellent winter tire technology.

Chinese tire enterprises, especially private ones, have a high debt ratio and high financial leverage, which are vulnerable to be in bankruptcy in case of a slight decline in the market. For example, Deruibao Tire earned the revenue of close to USD1 billion with the 35th ranking worldwide in 2013, but it suddenly announced bankruptcy in February 2015.

China tire industry, especially the truck tire field, is facing serious overcapacity. Along with the decline in China's fixed investments and real estate, the demand for trucks contracts sharply, the highly competitive highway logistics industry sees low profits and minimizes the changes of tires. The US's anti-dumping investigation is almost a fatal blow on Chinese tire companies, but China still releases more truck tire capacity. In 2015, the new tire capacity hits up to 120 million and the overcapacity rate is 20%-25%.

In Chinese OE tire market, the market share of South Korean giants Hankook and Kumho Tire slumped because of consecutive quality problems. By contrast, the market share of Japan-based Dunlop and the US-based Goodyear soared, particularly Dunlop's market share almost doubled in 2014. China-based Triangle Tire and Giti Tire also witnessed significant growth.

Key Topics Covered: 

1. Global and Chinese Automobile Market and Industry

2. Chinese Automobile Market and Industry

3. Global Tire Market

- Ranking

- American Tire Market

- Ranking of Tire Dealers

- Market Share of Major Tire Vendors

- Market Share of Major OTR Vendors

- OE Tire Market Analysis

- North American Automotive Tire Industry

- Chinese Tire Market

- China Tire Industry

- China's Tire Export

- China Steel Radial Tire Industry

- Market Share of Major Tire Vendors in China

- Top 10 Tire Vendors in China

- Tire Anti-dumping in China and the United States

4. Leading Tire Vendors Worldwide

- Michelin

- Bridgestone

- Goodyear

- Continental

- Sumitomo Rubber Group

- Pirelli

- Yokohama Rubber

- Hankook

- Cooper

- Kumho Tire

- Toyo Tire & Rubber

- Apollo Tires

- MRF

- Nokian

- Cheng Shin Tire

- Hangzhou Zhongce Rubber

- Triangle Tire

- Linglong Tire

- Aeolus Tire

- Double Coin

- Guizhou Tire

- Qingdao Double Star

- Xingyuan

- Sailun Group

- Giti Tire

- Shengtai

Selected Charts 

- Global Automobile Sales Volume, 2010-2015

- Global Light Vehicle Output by Region, 2003-2015

- Automobile Sales Volume in China, 2005-2015

- YoY Growth Rate of Automobile Output in China by Type, 2008-2015

- Global Tire Market Size, 2013-2017E

- Automobile Tire Market Size, 2011-2017E

- Global Tire Shipment by Region, 2017E

- Automobile Tire Market Size in China, 2010-2017E

- Automobile Tire OEM and Replacement Market Size in China, 2009-2015

- Distribution of Tire Vendors in China

- Capacity of First-Class Tire Suppliers in China

- Capacity of Second-Class Tire Suppliers in China

- Capital Expenditure and Depreciation of Michelin, 2011-2017E

- Business Model of TIREPLUS

- Co-partners of TIREPLUS

- Revenue of Michelin China by Region

- Distribution of Michelin in China

- Distribution of Michelin's Dealers in China

- Cumulative Investment of Shenyang Michelin, 2009-2019E

- Ramp-up of Shenyang Michelin, 2009-2019E

- Revenue and Operating Margin of Bridgestone, 2007-2015

- Operating Income of Bridgestone, 2015

- Tire Brands of Continental

- Additional PLT Tire Capacity of Continental by Region, 2018E

- Operating Income of Sumitomo Rubber, 2014-2015

- Sales Volume of Sumitomo Rubber outside Japan by Region, 2010-2015

- Tire Output and Capacity Utilization of Sumitomo Rubber, 2009-2015

- Output and Capacity Utilization of Sumitomo Rubber, 2006-2015

- Capacity Distribution of Kumho Tire

- Revenue of Apollo Tires by Region

- Operating Income of Apollo Tires by Region

- Distribution of Factories of MRF

- Global Distribution of Factories of Cheng Shin Tire

- Introduction to Factories of Cheng Shin Tire

- Application Vehicle Models of Cheng Shin Tire in China

- Organizational Structure of Zhongce

- Organizational Structure of Aeolus Tire

- Shareholder Structure of Aeolus Tire

- Organizational Structure of Shanghai Tire Group

Related Reports 

- South Africa Tyre Market Forecast and Opportunities, 2020

- UAE Tyre Market Forecast and Opportunities, 2019

- Winter Tire Market in France 2015-2019

- China: Tires - Market Report. Analysis and Forecast to 2020

- Agriculture Tires Market in Canada 2015-2019

About Bharat Book Bureau 

Bharat Book Bureau is the leading market research information aggregator that provides market research reports, industry analysis, company profiles, business reports, country reports, newsletters and online databases. Our clients include Corporate, Consulting firms, and Academic Institutions and Government departments across the globe. Bharat Book Bureau provides over a million reports from more than 400 publishers around the globe. The market research reports we provide, help global companies examine the different markets before setting up a business or expanding into different countries across the world. They give a complete perspective on the current market scenario, trends, segments and future outlook.

Contact Details:
Poonam
Bharat Book Bureau
India: +91-22-27810772, 27810773
Blog: https://www.bharatbook.com/blog/
W: https://www.bharatbook.com/
E: [email protected]

SOURCE Bharat Book Bureau

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