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Tire Manufacturing in China - Industry Market Research Report

Publisher IBISWorld
Published Nov 25, 2024
Length 73 Pages
SKU # IBSS19493176

Description

Tire Manufacturing in China - Industry Market Research Report


Tire Manufacturing in China

Revenue for the Tire Manufacturing industry in China is expected to rise at an annualized 2.4% over the five years through 2022, to $116.7 billion. This includes anticipated growth of 7.0% in the current year. China's developing Automobile Manufacturing industry (IBISWorld industry report 3721) has been a major driver of demand for tires over the past five years. With increased automobile ownership in China, demand for tires for new cars and replacement tires for existing vehicles has continued to increase over the period. Especially in 2021, industry revenue growth rate reached 10.0%, mainly due to rise in product price. However, travel restrictions imposed by the COVID-19 pandemic have contributed to weaker demand for tires in 2020.

The Tire Manufacturing industry in China manufactures pneumatic tires, solid tires, semi-pneumatic tires, tire tubes and aircraft tires. The tire products in this industry use rubber as the major raw material.

This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.

Table of Contents

73 Pages
ABOUT THIS INDUSTRY

Industry Definition
Main Activities
Similar Industries
Additional Resources

INDUSTRY PERFORMANCE

Executive Summary
Key External Drivers
Current Performance
Industry Outlook
Industry Life Cycle

PRODUCTS & MARKETS

Supply Chain
Products & Services
Demand Determinants
Major Markets
International Trade
Business Locations

COMPETITIVE LANDSCAPE

Market Share Concentration
Key Success Factors
Cost Structure Benchmarks
Basis of Competition
Barriers to Entry
Industry Globalization

MAJOR COMPANIES

OPERATING CONDITIONS

Capital Intensity
Technology & Systems
Revenue Volatility
Regulation & Policy
Industry Assistance

KEY STATISTICS

Industry Data
Annual Change
Key Ratios

JARGON

Pricing

Currency Rates
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