As on date of publishing, this report will capture the impact assessment of COVID-19 on this market and the same will be considered in our market forecast model. Clients purchasing this report between April and June 2020 will be getting a ‘free’ updated market data excel sheet between July and September 2020 accounting for the impact of COVID-19 on the market in the current year 2020 and forecast.

China tire market was valued USD 31.39 Billion in 2019 and is projected to grow at CAGR of 5.25% during the forecast period, 2020-2025. Key factors propelling the growth of China tire market include increasing focus of manufactures towards high-end products, brand reputation and move towards green manufacturing. The removal of antidumping and countervailing duties on Chinese tires by United States in May 2019 is also likely to fuel the market growth in coming years.

However, the maturity of the Chines tire market and dominant position of few tire manufactures leaves small space for new market players to grow. The market is also prone to some other challenges. According to China Rubber Association, rise in price of raw materials has led to high production cost of tires. As per 2019, more than a dozen tire manufactures announced a 2%-5% price hike, which can negatively impact the tire market of China.

China tire market is segmented based on vehicle type, demand category, radial vs bias, rim size and region. Based on vehicle type, the market can be categorized into passenger car, LCV (Light Commercial Vehicle), M&HCV (Medium & Heavy Commercial Vehicle), OTR (Off-The-Road Vehicles), two-wheeler and three -wheeler. Among them, the passenger vehicle segment held dominant position in 2019 and is further expected to maintain its dominance through 2025 on account of increasing replacement demand from passenger cars which covers over 80% tires.

Major companies operating in China tire market are Beijing Capital Tire Co. Ltd., Hangzhou Zhongce Rubber Co. Ltd., GITI Tire (China) Investment Company Ltd., Sailun Jinyu Group Co. Ltd., Kumho Tire Co. Ltd., Triangle Tire Co. Ltd., Hankook Tire China Co. Ltd., Double Coin Holdings Ltd., Cheng Shin Rubber (China) Co. Ltd., Aelous Tyre Co. Ltd and Prinx Chengshan (Shandong) Tire Company. Among them, Hangzhou Zhongce Rubber, Triangle Tire and Linglong Tire together constitute around 80 per cent of the total profit in the country. Moreover, according to a consumer survey conducted by TechSci Research, Hangzhou Zhongce Rubber and Giti grabbed the highest satisfaction level among customers in terms of product quality, product availability and performance.

Years considered for this report:

Historical Years: 2015-2020

Base Year: 2019

Estimated Year: 2020

Forecast Period: 2021–2025

Objective of the Study:

  • To analyze and forecast market size of China tire market.
  • To classify and forecast China tire market based on vehicle type, demand category, radial vs bias, rim size, company and region.
  • To identify drivers and challenges in China tire market.
  • To identify market trends and developments in China tire market.
  • To identify and analyze the profile of leading players involved in the manufacturing of tires in China.

 

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In order to perform the study, TechSci Research conducted primary as well as exhaustive secondary research. Initially, TechSci Research prepared an exhaustive list of China tire manufacturers and suppliers operating in the country. Subsequently, TechSci Research conducted primary research surveys, which included primary calls, email responses, etc., with the identified companies. While interviewing, the respondents were also asked about their major competitors. Through this technique, TechSci Research was able to include manufacturers which could not be identified due to the limitations of secondary research. TechSci Research analyzed product offerings, distribution channels, and regional presence of all major tire suppliers across the country.

TechSci Research calculated the market size for China tire market using a bottom-up technique, wherein manufacturers’ volume sales data for different applications were recorded as well as forecast for the future years. TechSci Research sourced these Value & Volumes from industry experts and company representatives, and externally validated through analyzing historical sales data of respective manufacturers to arrive at the overall market size. Databases and multiple secondary sources such as China Association of Automobile Manufacturers (CAAM), company websites, company annual reports and financial reports were also analyzed by TechSci Research.

 

Key Target Audience:

  • Tire manufacturers, suppliers, distributors and other stakeholders
  • Tire raw material suppliers
  • Major end-users
  • Associations, organizations, forums and alliances related to tire industry
  • Government bodies such as regulating authorities and policy makers
  • Market research and consulting firms

The study is useful in providing answers to several critical questions that are important for industry stakeholders such as tire manufacturers, distributors and dealers, customers and policy makers. The study would also help them to target the growing segments over the coming years, thereby aiding the stakeholders in taking investment decisions and facilitating their expansion.

Report Scope:

In this report, China tire market has been segmented into following categories, in addition to the industry trends which have also been detailed below:

  • China Tire Market, By Vehicle Type:

o    Passenger Car

o    Two-Wheeler

o    Medium & Heavy Commercial Vehicle

o    Light Commercial Vehicle

o    Off-The-Road Vehicle (OTR)

o    Three-Wheeler

  • China Tire Market, By Demand Category:

o    OEM

o    Replacement

  • China Tire Market, By Radial Vs. Bias
  • China Tire Market, By Rim Size:
  • China Tire Market, By Region:

o    East China

o    South-Central China

o    North China

o    North-East China

o    South-West China

o    North-West China

Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in China tire market.

Available Customizations:

With the given market data, TechSci Research offers customizations according a company’s specific needs. The following customization options are available for the report:

Company Information

  • Detailed analysis and profiling of additional market players (up to five).

Profit Margin Analysis

  • Profit margin analysis in case of direct and indirect sales channel.

In case you don’t find what you are looking for, please get in touch with our custom research team at sales@techsciresearch.com

1.    Product Overview

2.    Research Methodology

3.    Impact of COVID-19 on China Tire Market

4.    Executive Summary

5.    Voice of Customer

5.1.  Brand Awareness & Recall

5.2.  Brand Satisfaction

5.3.  Challenges & Unmet Needs

6.    China Tire Market Outlook

6.1.  Market Size & Forecast

6.1.1.     By Value & Volume

6.2.  Market Share & Forecast

6.2.1.     By Vehicle Type (Passenger Car, LCV, M&HCV, OTR, Two-wheeler and Three -wheeler)

6.2.2.     By Demand Category (OEM Vs. Replacement)

6.2.3.     By Radial Vs Bias

6.2.4.     By Rim Size

6.2.5.     By Company (2019)

6.2.6.     By Region

6.3.  Market Attractiveness Index

6.3.1.     By Vehicle Type

7.    China Passenger Car Tire Market Outlook

7.1.  Market Size & Forecast          

7.1.1.     By Value & Volume

7.2.  Market Share & Forecast

7.2.1.     By Vehicle Type

7.2.2.     By Demand Category

7.2.3.     By Radial Vs Bias

7.2.4.     By Rim Size

7.2.5.     By Tire Size

7.3.  Market Attractiveness Index

7.3.1.     By Rim Size

7.3.2.     By Price Segment

8.    China Two-Wheeler Tire Market Outlook

8.1.  Market Size & Forecast          

8.1.1.     By Value & Volume

8.2.  Market Share & Forecast

8.2.1.     By Vehicle Type

8.2.2.     By Demand Category

8.2.3.     By Radial Vs Bias

8.2.4.     By Rim Size

8.2.5.     By Tire Size

8.3.  Market Attractiveness Index

8.3.1.     By Rim Size

8.3.2.     By Price Segment

9.    China Medium & Heavy Commercial Vehicle Tire Market Outlook

9.1.  Market Size & Forecast          

9.1.1.     By Value & Volume

9.2.  Market Share & Forecast

9.2.1.     By Vehicle Type

9.2.2.     By Demand Category

9.2.3.     By Radial Vs Bias

9.2.4.     By Rim Size

9.2.5.     By Tire Size

9.3.  Market Attractiveness Index

9.3.1.     By Rim Size

9.3.2.     By Price Segment

10.  China Light Commercial Vehicle Tire Market Outlook

10.1.              Market Size & Forecast

10.1.1.  By Value & Volume

10.2.              Market Share & Forecast

10.2.1.  By Vehicle Type

10.2.2.  By Demand Category

10.2.3.  By Radial Vs Bias

10.2.4.  By Rim Size

10.2.5.  By Tire Size

10.3.              Market Attractiveness Index

10.3.1.  By Rim Size

10.3.2.  By Price Segment

11.  China OTR Tire Market Outlook

11.1.              Market Size & Forecast

11.1.1.  By Value & Volume

11.2.              Market Share & Forecast

11.2.1.  By Vehicle Type

11.2.2.  By Demand Category

11.2.3.  By Radial Vs Bias

11.2.4.  By Rim Size

11.2.5.  By Tire Size

11.3.              Market Attractiveness Index

11.3.1.  By Rim Size

11.3.2.  By Price Segment

12.  China Three-Wheeler Tire Market Outlook

12.1.              Market Size & Forecast

12.1.1.  By Value & Volume

12.2.              Market Share & Forecast

12.2.1.  By Vehicle Type

12.2.2.  By Demand Category

12.2.3.  By Radial Vs Bias

12.2.4.  By Rim Size

12.2.5.  By Tire Size

12.3.              Market Attractiveness Index

12.3.1.  By Rim Size

12.3.2.  By Price Segment

13.  Market Dynamics

13.1.              Drivers

13.2.              Challenges

14.  Import Export Analysis

15.  Market Trends & Developments

16.  Policy and Regulatory & Landscape

17.  China Economic Profile

18.  Competitive Landscape

18.1.              Competition Outlook

18.2.              Players Profiled (Leading Companies)

18.2.1.  Beijing Capital Tire Co. Ltd.

18.2.1.1.      Company Overview

18.2.1.2.      Products & Services

18.2.1.3.      Financials (If available)

18.2.1.4.      Current & Future Strategy

18.2.1.5.      Key Management

18.2.1.6.      Contact Details

18.2.2.  Hangzhou Zhongce Rubber Co. Ltd.

18.2.3.  GITI Tire (China) Investment Company Ltd.

18.2.4.  Sailun Jinyu Group Co. Ltd.

18.2.5.  Kumho Tire Co. Ltd.

18.2.6.  Triangle Tire Co. Ltd.

18.2.7.  Hankook Tire China Co. Ltd.

18.2.8.  Double Coin Holdings Ltd.

18.2.9.  Cheng Shin Rubber (China) Co. Ltd.

18.2.10.                Aelous Tyre Co. Ltd

18.2.11.                Prinx Chengshan (Shandong) Tire Company

15. Strategic Recommendations

16. About Us & Disclaimer

In case you don’t find what you are looking for, please get in touch with our custom research team at sales@techsciresearch.com
  • List of Figures

    Figure 1: China Tire Market - Factors Influencing Purchase Decision (N=75)
    Figure 2: China Tire Market - Influencer of Purchase (N=75)
    Figure 3: China Tire Market - Aided Brand Recall (N=75)
    Figure 4: China Tire Market - Unaided Brand Recall (N=75)
    Figure 5: China Tire Market Brand Satisfaction Level (N=75)
    Figure 6: China Tire Market - Brand Satisfaction Level, By Lifetime (N=75)
    Figure 7: China Tire Market - Brand Satisfaction Level, By Traction (N=75)
    Figure 8: China Tire Market - Brand Satisfaction Level, By Vehicle Compatibility (N=75)
    Figure 9: China Tire Market - Brand Satisfaction Level, By Performance (N=75)
    Figure 10: China Tire Market - Brand Satisfaction Level, By Stability on Road (N=75)
    Figure 11: China Tire Market Size, By Value & Volume (USD Billion), By Volume (Million Units), 2015-2025F
    Figure 12: China Tire Market Share, By Vehicle Type, By Volume, 2015-2025F
    Figure 13: China Tire Market Share, By Demand Category (OEM Vs. Replacement), By Volume, 2015-2025F
    Figure 14: China Tire Market Share, By Radial Vs. Bias, By Volume, 2015-2025F
    Figure 15: China Tire Market Share, By Rim Size (In Inches), By Volume, By Vehicle Type, 2019 & 2025F
    Figure 16: China Tire Market Share, By Price Segment, By Volume, By Vehicle Type, 2019 & 2025F
    Figure 17: China Tire Market Share, By Company, By Volume, 2019-2025F
    Figure 18: China Tire Market Share, By Region, By Volume, 2015-2025F
    Figure 19: China Tire Market Attractiveness Index, By Vehicle Type, 2020E-2025F 
    Figure 20: China Passenger Car Tire Market Size, By Value & Volume (USD Billion), By Volume (Million Units), 2015-2025F
    Figure 21: China Passenger Car Tire Market Share, By Vehicle Type, By Volume, 2015-2025F
    Figure 22: China Passenger Car Tire Market Share, By Demand Category (OEM Vs. Replacement), By Volume, 2015-2025F
    Figure 23: China Passenger Car Tire Market Share, By Radial Vs. Bias, By Volume, 2015-2025F
    Figure 24: China Passenger Car Tire Market Share, By Rim Size (In Inches), By Volume, 2015-2025F
    Figure 25: China Passenger Car Tire Market Share, By Tire Size (Up to 14’’), By Volume, 2019-2025F
    Figure 26: China Passenger Car Tire Market Share, By Tire Size (15"- 17”), By Volume, 2019-2025F
    Figure 27: China Passenger Car Tire Market Share, By Tire Size (Above 17‘’), By Volume, 2019-2025F
    Figure 28: China Passenger Car Tire Market Attractiveness Index, By Rim Size, 2020E-2025F 
    Figure 29: China Passenger Car Tire Market Attractiveness Index, By Price Segment, 2020E-2025F 
    Figure 30: China Two-Wheeler Tire Market Size, By Value & Volume (USD Billion), By Volume (Million Units), 2015-2025F
    Figure 31: China Two-Wheeler Tire Market Share, By Vehicle Type, By Volume, 2015-2025F
    Figure 32: China Two-Wheeler Tire Share, By Demand Category (OEM Vs. Replacement), By Volume, 2015-2025F
    Figure 33: China Two-Wheeler Tire Market Share, By Radial Vs. Bias, By Volume, 2015-2025F
    Figure 34: China Two-Wheeler Tire Market Share, By Rim Size (In Inches), By Volume, 2015-2025F
    Figure 35: China Two-Wheeler Tire Market Share, By Tire Size (Up to 12‘’), By Volume, 2019-2025F
    Figure 36: China Two-Wheeler Tire Market Share, By Tire Size (Above 14‘’), By Volume, 2019-2025F
    Figure 37: China Two-Wheeler Tire Market Share, By Tire Size (13"- 14”), By Volume, 2019-2025F
    Figure 38: China Two-Wheeler Tire Market Attractiveness Index, By Rim Size, 2020E-2025F 
    Figure 39: China Two-Wheeler Tire Market Attractiveness Index, By Price Segment, 2020E-2025F 
    Figure 40: China Medium & Heavy Commercial Vehicle Tire Market Size, By Value & Volume (USD Billion), By Volume (Million Units), 2015-2025F
    Figure 41: China Medium & Heavy Commercial Vehicle Tire Market Share, By Vehicle Type, By Volume, 2015-2025F
    Figure 42: China Medium & Heavy Commercial Vehicle Tire Market Share, By Demand Category 
    (OEM Vs. Replacement), By Volume, 2015-2025F
    Figure 43: China Medium & Heavy Commercial Vehicle Tire Market Share, By Radial Vs. Bias, 
    By Volume, 2015-2025F
    Figure 44: China Medium & Heavy Commercial Vehicle Tire Market Share, By Rim Size (In Inches), By Volume, 2015-2025F
    Figure 45: China Medium & Heavy Commercial Vehicle Tire Market Share, By Tire Size (21"- 23”), By Volume, 2019-2025F
    Figure 46: China Medium & Heavy Commercial Vehicle Tire Market Share, By Tire Size (Above 23‘’), By Volume, 2019-2025F
    Figure 47: China Medium & Heavy Commercial Vehicle Tire Market Share, By Tire Size (Up to 20‘’), By Volume, 2019-2025F
    Figure 48: China Medium & Heavy Commercial Vehicle Tire Market Attractiveness Index, By Rim Size, 2020E-2025F 
    Figure 49: China Medium & Heavy Commercial Vehicle Tire Market Attractiveness Index, By Price Segment, 2020E-2025F 
    Figure 50: China Light Commercial Vehicle Tire Market Size, By Value & Volume (USD Billion), By Volume (Million Units), 2015-2025F
    Figure 51: China Light Commercial Vehicle Tire Market Share, By Vehicle Type, By Volume, 2015-2025F
    Figure 52: China Light Commercial Vehicle Tire Market Share, By Demand Category (OEM Vs. Replacement), By Volume, 2015-2025F
    Figure 53: China Light Commercial Vehicle Tire Market Share, By Radial Vs. Bias, By Volume, 2015-2025F
    Figure 54: China Light Commercial Vehicle Tire Market Share, By Rim Size (In Inches), By Volume, 2015-2025F
    Figure 55: China Light Commercial Vehicle Tire Market Share, By Tire Size (14"- 15”), By Volume, 2019-2025F
    Figure 56: China Light Commercial Vehicle Tire Market Share, By Tire Size (By Volume), 2019-2025F
    Figure 57: China Light Commercial Vehicle Tire Market Share, By Tire Size (Up to 13‘’), By Volume, 2019-2025F
    Figure 58: China Light Commercial Vehicle Tire Market Attractiveness Index, By Rim Size, 2020E-2025F 
    Figure 59: China Light Commercial Vehicle Tire Market Attractiveness Index, By Price Segment, 2020E-2025F 
    Figure 60: China OTR Tire Market Size, By Value & Volume (USD Billion), By Volume (Million Units), 2015-2025F
    Figure 61: China OTR Tire Market Share, By Vehicle Type, By Volume, 2015-2025F
    Figure 62: China OTR Tire Market Share, By Demand Category (OEM Vs. Replacement), By Volume, 2015-2025F
    Figure 63: China OTR Tire Market Share, By Radial Vs. Bias, By Volume, 2015-2025F
    Figure 64: China OTR Tire Market Share, By Rim Size (In Inches), By Volume, 2015-2025F
    Figure 65: China OTR Tire Market Share, By Tire Size (21"- 25”), By Volume, 2019-2025F
    Figure 66: China OTR Tire Market Share, By Tire Size (Above 25‘’), By Volume, 2019-2025F
    Figure 67: China OTR Tire Market Share, By Tire Size (Up to 20‘’), By Volume, 2019-2025F
    Figure 68: China OTR Tire Market Attractiveness Index, By Rim Size, 2020E-2025F 
    Figure 69: China OTR Tire Market Attractiveness Index, By Price Segment, 2020E-2025F 
    Figure 70: China Three-Wheeler Tire Market Size, By Value & Volume (USD Billion), By Volume (Million Units), 2015-2025F
    Figure 71: China Three-Wheeler Tire Market Share, By Vehicle Type, By Volume, 2015-2025F
    Figure 72: China Three-Wheeler Tire Market Share, By Demand Category (OEM Vs. Replacement), By Volume, 2015-2025F
    Figure 73: China Three-Wheeler Tire Market Share, By Radial Vs. Bias, By Volume, 2015-2025F
    Figure 74: China Three-Wheeler Tire Market Share, By Rim Size (In Inches), By Volume, 2015-2025F
    Figure 75: China Three-Wheeler Tire Market Share, By Tire Size (Above 10‘’), By Volume, 2019-2025F
    Figure 76: China Three-Wheeler Tire Market Share, By Tire Size (Up to 10‘’), By Volume, 2019-2025F
    Figure 77: China Three-Wheeler Tire Market Attractiveness Index, By Rim Size, 2020E-2025F 
    Figure 78: China Three-Wheeler Tire Market Attractiveness Index, By Price Segment, 2020E-2025F 
    Figure 79: China Passenger Car Tire Imports, By Value & Volume, 2014-2018 (USD Million)
    Figure 80: China Commercial Vehicle Tire Imports, By Value & Volume, 2014-2018 (USD Million)
    Figure 81: China Off-The-Road Tire Imports, By Value & Volume, 2014-2018 (USD Million)
    Figure 82: China Two-Wheeler Tire Imports, By Value & Volume, 2014-2018 (USD Million)
    Figure 83: China Passenger Car Tire Exports, By Value & Volume, 2014-2018 (USD Million)
    Figure 84: China Commercial Vehicle Tire Exports, By Value & Volume, 2014-2018 (USD Million)
    Figure 85: China Off-The-Road Tire Exports, By Value & Volume, 2014-2018 (USD Million)
    Figure 86: China Two-Wheeler Tire Exports, By Value & Volume, 2014-2018 (USD Million)

    List of Tables

    Table 1: China Tire Production capacity, By Company & Plant Location, 2019
    Table 2: Minimum Breaking Energy for Metric Series Truck Tire
    Table 3: Minimum Breaking Energy for Imperial Series Truck Tire
    Table 4: Minimum Breaking Energy for Passenger Car Tire 
    Table 5: Unseating Resistance Test for Tubeless Passenger Car Tires