Market Report: Global Top 50 Tire Enterprises Market Forecast 2012-2013

Description

Through analyzing many global tire manufacturing enterprises, China Research and Intelligence ranked global Top 50 tire enterprises by business income (USD) of each tire manufacturing enterprises,. Because of factors like exchange rate, CRI's ranking list of each enterprise may have some difference with the lists issued by other research institutes in the U.S. and Europe. However, the Top 50 enterprises cover the major global tire manufacturing enterprises.

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In 2012, the sales revenue of Bridgestone tires was JPY 2.5572 trillion (USD 29.8 billion), globally ranking the first. In 2012, the sales revenue of Michelin tires was about USD 28.4 billion, globally ranking the second. Meanwhile, the sales revenue of Goodyear and Continental AG was USD 21 billion and USD 12.8 billion respectively, globally ranking the third and the fourth respectively. In 2012, among global Top 50 tire enterprises, only the four tire enterprises with the annual sales revenue exceeding USD 10 billion. Among the other forty-six enterprises, enterprise with the highest annual sales revenue was Pirelli (about USD 8 billion) and enterprise with the lowest annual sales revenue was China Shandong Jinyu Tire Co., Ltd. (less than USD 400 million). In 2012, sales revenue of the Top 50 tire enterprises totaled over USD 180 billion.

Over ten of the Top 50 tire enterprises are China native enterprises. In addition, the Top 10 enterprises all have established plants in China. CRI predicts that more Chinese enterprises will enter the list of Top 50 tire enterprises in the coming years. In recent years, although the costs of labor, land, energy are increasing constantly, CRI predicts that China tire industry will still possesses certain advantages in the world thanks to its complete tire industry chain. CRI issues research reports on global Top 50 tire enterprises every year to record their development paths.

Through this report, the readers can acquire the following information:

• Introduction of Top 50 Tire Enterprises and Business Statuses
• Sales Value of Top 50 Tire Enterprises, 2009-2012
• Contact Information of Top 50 Tire Enterprises

The following enterprises and people are proposed to purchase this report:

• Tire Manufacturing Enterprises
• Tire Trade Enterprises
• Enterprises Related to Tire Industry Chain
• Investors and Research Institutes Concerned About Tire Industry

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Industrial Report: China Solid Tire Market Share 2013-2017

Description

The international market demands for vehicle solid tires show the continuous rising trend with annual demand of about 13%. In 2012, the world demands of solid tires reached 393 million tires.

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In terms of the global market, Europe and Southeast Asia are the major places of production of solid tires and especially for Vietnam and Sri Lanka and other countries with large rubber output in Southeast Asia, they have developed rapidly in the solid tire manufacturing field for recent years by virtue of their resource advantages.

At present, China has about 60 manufacturers of solid tires and the overall capacity reaches 7.5 million tires per year; in 2012, the output of domestic solid tires reached 6.36 million tires with the capacity utilization rate of about 85%. Among the domestic solid tire manufacturers, there are five powerful ones, namely Yantai C.S.I. Rubber Co., Ltd., Shandong Zhongce Tire Co., Ltd., Hebei Starbright Tire Co., Ltd., Guizhou Tire Co., Ltd. and Zhaoyuan City Dongsheng Latex Goods Co., Ltd.

The solid tire is widely applied to the following fields, such as various industry vehicles, military vehicles, construction machinery, and ports as well as airports etc. Seen from the downstream application, forklifts account for about 45% in the demand structure of solid tires.

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Market Research Report: China Tire Retreading Market Overview and Forecast to 2017

Description

In 2012, the output volume of radial tires in China reached over 460 million and the volume of scrap tires exceeded 200 million. The output volume of retreaded tires in 2012 was 18 million, increasing by more than 10% over 2011 and the market scale exceeded CNY 6 billion. However, the market concentration rate of China tire retreading industry is rather low. According to incomplete statistics, although there are about 500 regular tire retreading enterprises and a number of small workshops in China, retreading over 30 million tires annually, less than 20 of them had an annual production of more than 100,000 units in China in 2012. 

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With the yearly increase of automobile reserves in China, the volume of scrap tires generated has kept growing by over 10% annually and scrap tires have become a major source of solid waste pollution. There are many ways in recycling tires and retreading is one of the important ways. Compared with new tires, retreaded tires consume less resource and are sold at lower prices. However, the overall development of China tire retreading industry lags behind that of new tire industry due to many special reasons.

Firstly, Chinese consumers usually have misconceptions about the tire retreading industry. Retreaded tires are often considered to be unsafe and produced by small workshops. Besides, some Chinese media constantly vilify tire retreading industry as "illegal business" and highly polluting. As a result, many vehicle owners refuse to use retreaded tires. 

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Secondly, China still lacks corresponding regulations or policies in charge of the pollution and recycling of scrap tires. On one hand, scrap tires are burned and discarded in large amounts, which not only severely pollutes the environment, but is also a waste of resources; on the other hand, it causes a serious shortage of raw materials for enterprises processing and recycling scrap tires in China.   

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Recent Market Report: China Tire Market Growth Industry, 2013-2017

In 2012, the output volume of rubber tires reached 891.67 million in China, increasing by 7.16% YOY. Among that, the output volume of radial tires totaled 460.5 million, increasing by 17.1% YOY. In terms of regions, China tire production mainly concentrated in east coast regions in 2012. The output volume of Shandong, Jiangsu and Zhejiang totaled 591 million, accounting for about 66% of the total tire output volume in China. 

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In 2012, the sales revenue of tire manufacturers exceeded CNY 400 billion in China. In 2012, the price of tire materials fluctuated and decreased sharply. Among that, the annual average price of natural rubber (SCR10) decreased from 33,835 CNY/ton to 25,053 CNY/ton, decreasing by 25.9% YOY; that of styrene butadiene rubber (1500) decreased from 26,808 CNY/ton to 20,519 CNY/ton, decreasing by 23.5% YOY; that of butadiene rubber (grade 1) decreased from 30,225 CNY/ton to 22,833 CNY/ton, decreasing by 24.5% YOY. The causes are as the following: 1. natural rubber supply was sufficient, but its price kept decreasing due to the influence of global slump economy; 2. prices of coal and crude oil kept low, so the price of synthetic rubber also decreased after lost cost support. 

In 2012, tire price decreased due to the weak demand and decreasing price of raw materials. The annual average prices of radial tires (165/70R14) for sedan and biasply tires (7.501614PR) for light truck were 265 CNY/set and 701 CNY/set respectively, decreasing by 5.7% YOY and 12.5% YOY respectively. However, the gross margin of tire industry increased obviously because of its enlarged profit space. In 2012, the total profit of tire industry reached CNY 27.5 billion, increasing by 43.7% YOY, which was 40% higher than the growth rate of output volume. Meanwhile, the return on assets was 7.3%, increasing by 2% over 2011 with the profitability enhanced.  

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