Tire Manufacturing in China - IBISWorld Industry Market Research

Tire Manufacturing in China

Tire Manufacturing in China - IBISWorld Industry Market Research
Tire Manufacturing in China
Published Jul 07, 2015
47 pages — Published Jul 07, 2015
Price US$ 660.00  |  Buy this Report Now

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With tire output estimated at 1.2 billion units in 2015, China is the largest producer of tires in the world, followed by the United States and Japan. Revenue of the Tire Manufacturing industry in China is expected to total $94.2 billion in 2015, up 4.1% for the year. Over the past five years, revenue has been growing at an average annualized rate of 13.4%. The development of China's Automobile Manufacturing industry (IBISWorld industry report 3721) has been a major driver of tire demand. Coupled with increased automobile ownership in China, demand for tire for new cars and replacement tires for existing vehicles continued to increase strongly in the past five years.

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.

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

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IBISWorld Industry Market Research—IBISWorld is a leading strategic business information provider that offers comprehensive information on more than 700 US industries covering 4,000 individual product segments. They also provide global industry and industry risk rating reports covering Australia, the United Kingdom and China. IBISWorld data offers detailed analysis on growth trends, the competitive environment and key issues. Reports average 30 to 40 pages and contain figures; market characteristics; product, market and service segmentation; industry conditions, current and historical performance analysis; risk scores; industry participants and market share; factors to success; and 5-year forecasts with forecast analysis.

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Cite this Report

IBISWorld Industry Market Research. "Tire Manufacturing in China" Jul 07, 2015. Alacra Store. Jun 20, 2018. <http://www.alacrastore.com/storecontent/IBISWorld-Industry-Market-Research/Tire-Manufacturing-in-China-2042-1814>
IBISWorld Industry Market Research. (2015). Tire Manufacturing in China Jul 07, 2015. New York, NY: Alacra Store. Retrieved Jun 20, 2018 from <http://www.alacrastore.com/storecontent/IBISWorld-Industry-Market-Research/Tire-Manufacturing-in-China-2042-1814>
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