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Tire Market in China 2012-2016 - Product Image

Tire Market in China 2012-2016

  • ID: 2571517
  • June 2013
  • Region: China
  • 52 pages
  • TechNavio

FEATURED COMPANIES

  • Aeolus Tyre Co. Ltd
  • Double Coin Holdings Ltd.
  • Exquisite Group Co. Ltd.
  • Guizhou Tyre Co. Ltd.
  • Kumho Tire Co. Inc.
  • Triangle Group.
  • MORE

TechNavio's analysts forecast the Tire market in China to grow at a CAGR of 11.31 percent over the period 2012-2016. One of the key factors contributing to this growth is the growing Automobile market in China. The Tire market in China has also been witnessing an increase in tire manufacturing establishments. However, increasing manufacturing costs could pose a challenge to the growth of this market.

TechNavio's report, the Tire market in China 2012-2016, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the Tire market in China landscape and its growth prospects in the coming years. The report also includes a discussion of the key vendors operating in this market.

The key vendors dominating this market space include GITI Tire (China) Investment Company Ltd., Hangzhou Zhongce Rubber Co. Ltd., Shandong Linglong Tyre Co. Ltd., and Triangle Group.

The other vendors mentioned in this report are Aeolus Tyre Co. Ltd, Cheng Shin Rubber Industry Co. Ltd., Double Coin Holdings Ltd., Exquisite Group Co. Ltd., Guizhou Tyre Co. Ltd., Kumho Tire Co. Inc., and Xingyuan Tyre Group Co. Ltd.

Key questions answered in this report:
- What will the market size be in 2016 and at what will be the growth rate?
- What are key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by key vendors?
- What are the strengths and weaknesses of each of these key vendors?

FEATURED COMPANIES

  • Aeolus Tyre Co. Ltd
  • Double Coin Holdings Ltd.
  • Exquisite Group Co. Ltd.
  • Guizhou Tyre Co. Ltd.
  • Kumho Tire Co. Inc.
  • Triangle Group.
  • MORE

01. Executive Summary
02. List of Abbreviations
03. Introduction
04. Market Research Methodology
Market Research Process
Research Design
Research Methodology
05. Scope of the Report
Market Overview
Product Offerings
06. Market Landscape
06.1 Market Size and Forecast
06.2 Product Segmentation
06.3 Market Segmentation
06.4 Domestic Tire Segment
Market Size and Forecast
Market Segmentation
Replacement Tire Segment
Original Equipment Manufacturer Tire Segment
06.5 Export Segment
06.6 Five Forces Analysis
07. Geographical Segmentation
08. Vendor Landscape
Key Vendors
09. Buying Criteria
10. Market Growth Drivers
11. Drivers and their Impact
12. Market Challenges
13. Impact of Drivers and Challenges
14. Market Trends
15. Key Vendor Analysis
15.1 Hangzhou Zhongce Rubber Co. Ltd.
Business Overview
Business Segmentation
Key Information
SWOT Analysis
15.2 GITI Tire (China) Investment Company Ltd.
Business Overview
Business Segmentation
Key Information
SWOT Analysis
15.3 Triangle Group
Business Overview
Business Segmentation
Key Information
SWOT Analysis
15.4 Shandong Linglong Tyre Co. Ltd.
Business Overview
Business Segmentation
Key Information
SWOT Analysis
16. Other Reports in this Series

List of Exhibits
Exhibit 1: Market Research Methodology
Exhibit 2: Tire Market in China 2012-2016 (US$ billion)
Exhibit 3: Tire Market in China by Product Segmentation 2012 (percentage of revenue)
Exhibit 4: Tire Market in China by Market Segmentation 2012 (percentage of revenue)
Exhibit 5: Tire Market in China by Market Segmentation 2016 (percentage of revenue)
Exhibit 6: Domestic Tire Market in China 2012-2016 (US$ billion)
Exhibit 7: Domestic Tire Market in China by Market Segmentation 2012 (percentage of revenue)
Exhibit 8: Domestic Tire Market in China by Market Segmentation 2016 (percentage of revenue)
Exhibit 9: Replacement Tire Market in China 2012-2016 (US$ billion)
Exhibit 10: Original Equipment Manufacturers Tire Market in China 2012-2016 (US$ billion)
Exhibit 11: Tire Export From China 2012-2016 (US$ billion)
Exhibit 12: Tire Market in China by Export Destination 2012 (percentage)
Exhibit 13: Tire market in China by Geographical Segmentation 2012
Exhibit 14: Tire Market in China by Vendor Segmentation 2012
Exhibit 15: Automobile Market in China 2012-2016 (units in million)

FEATURED COMPANIES

  • Aeolus Tyre Co. Ltd
  • Double Coin Holdings Ltd.
  • Exquisite Group Co. Ltd.
  • Guizhou Tyre Co. Ltd.
  • Kumho Tire Co. Inc.
  • Triangle Group.
  • MORE

Commenting on the report, an analyst from TechNavio’s Automotive team said: “As a result of rising industry challenges, domestic players in the Tire market in China are moving toward globalization, and are entering new untapped and growing automobile markets across the globe. Globalization offers Chinese tire manufacturers benefits such as high economies of scale, new opportunities for growth, and greater flexibility in terms of operations. It also minimizes cultural and communication barriers, and thus increases efficiency. Furthermore, globalization also helps manufacturers remain highly competitive by reducing various operational and process costs.”

According to the report, the growing Automobile market in China is a major driver of the Tire market in China. The demand and supply of automobiles and tires are interlinked; an increased demand for automobiles leads to an increased demand for tires. This rapid increase in automobiles sales will lead to the growth of the Tire market in China.

Further, the report states that the increase in manufacturing cost is a major challenge confronting the market. Tire manufacturers are extremely sensitive to increasing manufacturing costs; many of them are under the threat of losing their business to competitors. Hence, the increase in manufacturing cost will continue to be a major concern for the market in the next few years.

The report also includes a discussion of the other vendors operating in this market. The other vendors in the market are as Double Coin Holdings Ltd., Aeolus Tyre Co. Ltd, and Kumho Tire Co. Inc.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.

- GITI Tire (China) Investment Company Ltd.
- Hangzhou Zhongce Rubber Co. Ltd.
- Shandong Linglong Tyre Co. Ltd.
- Triangle Group.
- Aeolus Tyre Co. Ltd
- Cheng Shin Rubber Industry Co. Ltd.
- Double Coin Holdings Ltd.
- Exquisite Group Co. Ltd.
- Guizhou Tyre Co. Ltd.
- Kumho Tire Co. Inc.
- and Xingyuan Tyre Group Co. Ltd.

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