Tires Retreading Industry Research

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Last updated: 10 Aug 2011

 China Tires Retreading Industry Research

According to China Tires Retreading Industry Profile - the industry research report issued by Zeefer Consulting, Shandong, Hubei and Jiangsu are the major production bases for tires retreading industry in China. Tianjin, Sichuan, Henan, Jiangxi, Liaoning, Guangdong and Fujian are the secondary distribution areas for this industry. Shandong has most leading tires retreading enterprises, and among all top 100 large tires retreading enterprises across China, 17 are located in Shandong.

In terms of market size, in 2009, tires retreading enterprises above designated size achieved a sales revenue of more than USD 450 million. Shandong, Sichuan and Hubei ranked top 3 in terms of sales revenue, enterprises in these regions engaged in tires retreading production achieved a sales revenue of more than USD 300 million. in all, taking a share of more than 60% of the gross sales revenue from above designated size tires retreading enterprises across China. The total number of enterprises above designated size in tires retreading industry was more than 70, a rise of more than 35% on a year-on-year basis. On an annual average, total employees in tires retreading industry exceeded 5,500, an increase of more than 30% on a year-on-year basis.

In terms of industry-wide profit, in 2009, profits of enterprises above designated size in tires retreading industry added up to more than USD 25 million, a growth of more than 10% on a year-on-year basis. A total of 3 enterprises suffered a loss, the percentage of loss-incurring enterprises was higher than 4%. On average, the ratio of return on net assets in tires retreading industry was higher than 15%.

In terms of market position of foreign enterprises in China, in 2009, sales revenue from foreign enterprises engaged in tires retreading production in China added up to more than USD 60 million, taking a share of more than 10% of the gross sales revenue from tires retreading enterprises across China. Foreign enterprises enaged in tires retreading industry achieved a profit of more than USD 3 million, taking a share of more than 10% of the total profit from tires retreading enterprises across China.

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Full content of China Tires Retreading Industry Analysis:

http://www.allchinareports.com/china-rubber-plastics-industry/tyre-industry-analysis/china-tires-retreading-industry-research.html

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The analyses above are extracted from the industry report: China Tires Retreading Industry Profile


Posted: 04 July 2011, last updated 10 August 2011

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