Press release
China tire market forecast and opportunities: outlook, insights, trends, size, forecast, opportunity, demand analysis
The growing economy and increase in development of road infrastructure in China is fueling the growth of automotive market in the country which in turn creating an opportunity within the China tire market. Expanding vehicle fleet, rising per capita income of consumers and growing urbanization are some of the other factors which is driving the growth of the China tire market.• Passenger car tire segment accounts for the majority share in China Tire Market, and it is anticipated that this trend is expected to continue over the forecast period..
• China tire market is expected to grow at a CAGR of around 10.5% by the end of 2025.
• It has been witnessed that majority of the demand in the China tire market comes from the South-Central and East region followed by North, South-West, North-East and North-West regions of China.
• Hangzhou Zhongce Rubber holds the majority of shares in the China tire market.
• Some of the leading key players in the China Tire Market are Prinx Chengshan (Shandong) Tire, Hangzhou Zhongce Rubber, Sailun Jinyu Group, Aelous Tyre,Sailun Jinyu Group, Cheng Shin Rubber, Kumho Tire, Double Coin Holdings, Triangle Tire, Hankook Tire
Research Scope
• Historic year: 2016 to 2017
• Base year: 2017
• Forecast: 2018 to 2027
• Representation of revenue in USD Million
• Representation of Volume in Units
Key Question China Tire Market Report Will Answer?
China Tire Market – Competitive Landscape
• A Comprehensive Mapping of the Competitive Landscape and The Market Participants’ Behavior
• Market Structure: Market Share of the Key Competitors
• What Are the Key Sustainability Strategies Adopted by Market Players? An In-depth Analysis of These Strategies and Their Impact On Competition & Growth
• Comprehensive List of Key Market Participant
For more information please visit: http://www.bonitoresearch.com/china-tire-market
China Tire Market – Market Analysis and Opportunity Assessment
• What Was the Market Size in 2016 to 2017?
• What Will Be the Market Growth till 2028 And What Will Be the Resultant Market Forecast in The Year?
• How Will the Market Drivers, Restraints & Future Opportunities Affect the Market Dynamics and a Subsequent Analysis of the Associated Trends?
• Which Segment Will Drive or Lead Market Growth and Why?
Market Share & Forecast
• By Vehicle Type (Passenger Car, Light Commercial Vehicle, Medium & Heavy Commercial Vehicle, Two-Wheeler & Off-The-Road)
• By Company (Market Leaders, Mid-Level players, Emerging Players)
• By Region
• By Demand Category (OEM Vs. Replacement)
• By Radial Vs. Bias
• Online Vs. Offline Sales
Some other related reports:
http://www.bonitoresearch.com/japan-tire-market
http://www.bonitoresearch.com/united-states-tire-market
http://www.bonitoresearch.com/thailand-tire-market
Research Methodology
Primary and secondary sources are used to obtain the information around the China Tire Market
Primary Research Includes: Interview with Tire Manufacturers, Interview with Tire Distributors, Interviews with Thought Leaders of China Tire Market
Secondary Research Includes: Company Annual Reports, Financial Reports, Research Databases, Industry Association Publications, Magazine, Articles, Online Newspapers
Bonito Research is a leading market intelligence and consulting firm. We deliver syndicated research reports, custom research reports and consulting services which are personalized in nature. Bonito Research delivers a complete packaged solution, which combines current market intelligence, technology inputs, valuable growth insights and an aerial view of the competitive framework and future market trends.
Bonito Research (Market Research)
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