Analysis on the market development status of China's tire industry in 2020

出海易/ 2022-05-10
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the industry's average capacity load is nearly 75%

tires are ground rolling ring elastic rubber products assembled on various vehicles or machinery. Tires are made of rubber (natural rubber, synthetic rubber) and skeleton materials (steel wire, fiber), and there is no alternative product for a long time in the foreseeable future

automobile tire manufacturing industry is a heavy asset industry. As an important part of automobile, it is the basis for the development of automobile industry. China's tire manufacturing industry has achieved rapid growth in recent years. Now it has become the country with the largest tire output in the world. According to the data of China Rubber Industry Association, the total output of automobile tires in China reached 652 million in 2019, an increase of 0.61%; Including 132 million all steel tires, 484 million semi steel tires and 36 million bias tires. The average capacity load of the tire industry is nearly 75%

analysis on the market development status of china's tire industry in 2020
analysis on the market development status of china's tire industry in 2020

fluctuations in tire production

according to the data of the National Bureau of statistics, in 2019, the cumulative output of tire casings in China was 842 million, an increase of 3.17% over 2018, of which the export volume was about 500 million, a year-on-year increase of 3%; the cumulative export amount was 101.913 billion yuan, a year-on-year increase of 2.4%. The development of China's tire industry is highly dependent on foreign trade. From January to may 2020, the cumulative output of tire casings in China was 287 million, a decrease of 14.6% over the same period last year. The epidemic at home and abroad has a great impact on China's tire production Influence

analysis on the market development status of china's tire industry in 2020

in terms of demand, China's automobile output gradually decreased from 2015 to 2020, resulting in the continuous decline of the demand of China's tire industry.

2020 analysis of the market development status of china's tire industry

in terms of tire consumption, in 2019, tire exports accounted for 41%, replacement accounted for 37%, and original automobile tires accounted for 22%. It can be seen that the overseas market is very important to China's tire industry.

analysis of the market development status of china's tire industry in 2020. it is highly dependent on foreign trade exports

the above data comes from the analysis report on market demand forecast and investment strategic planning of China's tire industry issued by the prospective industry research institute. At the same time, the prospective industry research institute provides industrial data, industrial planning, industrial application, industrial park planning, industrial investment attraction and other solutions.

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