Analysis on China Tyre Industry

An Expert's View about Rubber Products in China

Last updated: 11 Sep 2011

Industry Research: Analysis on China Tyre Industry

Shandong province has most leading tyre enterprises, and among all top 100 large tyre enterprises across China, 37 are located in Shandong. According to China Tyre Industry Profile - the industry research report issued by Zeefer Consulting, Shandong, Jiangsu and Zhejiang are the major production bases for tyre industry in China. Fujian, Guangdong, Tianjin, Liaoning, Anhui, Henan and Chongqing are the secondary distribution areas for this industry.

In terms of market size, in 2009, tyre enterprises above designated size achieved a sales revenue of more than USD 30 billion. Shandong, Jiangsu and Zhejiang ranked top 3 in terms of sales revenue, enterprises in these regions engaged in tyre production achieved a sales revenue of more than USD 20 billion. in all, taking a share of more than 65% of the gross sales revenue from above designated size tyre enterprises across China. Total assets of enterprises inside tyre industry exceeded USD 25 billion, a rise of more than 8% on a year-on-year basis. On an annual average, total employees in tyre industry exceeded 275,000, an increase of more than 4% on a year-on-year basis.

In terms of industry-wide profit, in 2009, profits of enterprises above designated size in tyre industry added up to more than USD 1 billion, a growth of more than 100% on a year-on-year basis. The averaged profit margin of enterprises in tyre industry was higher than 6%. On average, the ratio of return on net assets in tyre industry was higher than 15%.

In terms of market position of foreign enterprises in China, in 2009, sales revenue from foreign enterprises engaged in tyre production in China added up to more than USD 10 billion, taking a share of more than 40% of the gross sales revenue from tyre enterprises across China. Foreign enterprises in China tyre industry achieved a ratio of return on net assets of more than 15%, almost same with the industry average.

...
Full content of China Tyre Industry Analysis:

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

***********************************************************************************
The analyses above are extracted from the industry report: China Tyre Industry Profile
 


Posted: 07 September 2011, last updated 11 September 2011

See more from Rubber Products in China

Expert Views    
Drought in Southwest China cuts rubber output, raises costs   By Global Sources
Rubber Boot Mfg. Industry Analysis   By Beijing Zeefer Consulting Ltd.
Analysis on China Tyre Industry   By Beijing Zeefer Consulting Ltd.
Latest News    
Bicycle Tyre Mfg. Industry   By Beijing Zeefer Consulting Ltd.
Analysis on Rubber Parts Mfg. Industry   By Beijing Zeefer Consulting Ltd.