Looking at the international tire market, it is es

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Looking at the international tire market, it is expected that the scale of China's tire market will exceed 700billion yuan in 2018

the scale of China's tire market will be 541.7 billion yuan in 2014, 601.2 billion yuan in 2015, 639.2 billion yuan in 2016, and it is expected that the scale of China's tire market will exceed 700billion yuan by 2018. The following is an analysis of the size of the tire market

automobile Jinan experimental machine factory experimental machine maintenance work car tires

the world tire industry has developed for more than 160 years. As the upstream industry of the automobile industry, the tire industry continues to develop with the development of the automobile industry. The development of the new car market and the continuous increase of car ownership provide the driving force for the development of the tire industry. From the perspective of the global market, the world tire industry has developed into a large-scale and highly developed industry during the "1035" period, and has entered a relatively stable development period

the world's tire industry is highly concentrated. According to the 2016 top 75 global tire rankings according to the U.S. tire business, Bridgestone, Michelin, Goodyear and the mainland have four enterprises with sales of more than $10 billion. In 2015, the total sales were $71.755 billion, accounting for 44.81% of the global tire sales of $160.135 billion. These major manufacturers have strong financial strength and R & D capabilities, leading the development direction of the world tire industry

according to the statistics of China Rubber Industry Association, the domestic automobile tire production increased from 210million in 2004 to 562million in 2014, with an average annual compound growth rate of about 10.34%. The corresponding tire market size is 87.6 billion yuan and 541.7 billion yuan respectively, with an annual compound growth rate of 20%. In 2015, the output of rubber tire casings (motor vehicle tires) in China reached 925million, a year-on-year decrease of 1694%, and the output of radial tire casings reached 607million, a year-on-year decrease of 3.67%, mainly affected by the sluggish demand in downstream automotive and other fields

China's tire output ranks first in the world, but the product homogenization is serious, and the industrial structure needs to be optimized and upgraded. China is a major tire producer in the world, and it is the largest tire producer and rubber consumer in the world. At the same time, it is also the largest exporter. In 2016, China's total tire output reached 947million, but due to the serious homogenization of products, low-end products accounted for a relatively large proportion. In terms of sales, the global market share was low. Among the top 75 tire manufacturers in the world, 30 are Chinese enterprises, accounting for 40%, while the total market share is only 14%, which is only equivalent to the market share of Michelin

from the perspective of export destinations, developed economies such as the United States and Europe are still the main regions of China's tire exports. With the accelerated development of emerging economies, China's exports to Southeast Asia, the Middle East and other regions also show a good momentum of good temperature control and high precision. However, the competitive advantage of China's tire export in the supporting market is not strong, and enterprises are generally concentrated in the competitive middle and low-end replacement tire market. In the future, leading enterprises are expected to enter the supporting market of high-end models by opening the export supporting market, and further open the replacement market of high-end tires. The export demand of high-end tires is expected to become a new starting point for China's tire export enterprises in the future

China's car ownership still has great room for development, and the tire industry has many opportunities in the future. The number of domestic passenger cars has increased steadily. So far, China has 200million cars, accounting for 20% of the world's total and 30% of the world's sales. At present, China has 140 cars per thousand people. Compared with the United States, China's land area is close to that of the United States, and the population is four times that of the United States, but the car ownership per thousand people is less than 1/5 of that of the United States. Compared with neighboring Japan, China's population is 11 times that of Japan, and its land area is 25.8 times that of Japan. According to the index of car ownership per thousand people, the level of car ownership per thousand people in China was only 140 in 2016, while that in Japan was 591. Plastic has been more and more widely used in the medical field, and China's car ownership per thousand people has not reached the global average. The automobile market space of China in 2025 is calculated according to the automobile ownership index of 1000 people. We assume that the average service life of cars in China will be 10 years in the future. If the number of cars owned by one thousand people in China reaches 225 in 2025, the compound growth rate of sales in the automotive industry will reach 3.11% in the next ten years. In that year, the number of cars sold will reach 37million and the number of cars owned will reach 323million. China's passenger car ownership still has great room for development. This undoubtedly adds weight to the prosperity of the tire market

to sum up, in 2017, China's tire industry continued to upgrade its technology, increased its overseas layout, and achieved good results in the size of the tire market. In 2018, China's tire market will enter a sales integration period to promote the healthy development of the tire market

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