Summary
Tires & Rubber in China industry profile provides top-line qualitative and quantitative summary information including: market size (value 2019-24, and forecast to 2029). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.
Key Highlights
- Tires & rubber market is segmented into car OEM, truck OEM, motorcycle OEM, car aftermarket, truck aftermarket, and motorcycle aftermarket. Market volume represents units of tires sold in a given year. Market value is calculated by multiplying the average tire price with the volume of tires.
- The Chinese tires & rubber market recorded revenues of $57.6 billion in 2024, representing a compound annual growth rate (CAGR) of 0.4% between 2019 and 2024.
- Market consumption volume increased with a CAGR of 1.6% between 2019 and 2024, to reach a total of 458.3 million units in 2024.
- The decline in China's tires & rubber market in 2024 is due to a combination of economic slowdowns, weak local demand, disruptions in the supply chain caused by adverse weather conditions, declining export orders, and rising raw material costs.
Scope
- Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the tires & rubber market in China
- Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the tires & rubber market in China
- Leading company profiles reveal details of key tires & rubber market players’ global operations and financial performance
- Add weight to presentations and pitches by understanding the future growth prospects of the China tires & rubber market with five year forecasts
Reasons to Buy
- What was the size of the China tires & rubber market by value in 2024?
- What will be the size of the China tires & rubber market in 2029?
- What factors are affecting the strength of competition in the China tires & rubber market?
- How has the market performed over the last five years?
- What are the main segments that make up China's tires & rubber market?
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Table of Contents
1 Executive Summary
1.1. Market value
1.2. Market value forecast
1.3. Market volume
1.4. Market volume forecast
1.5. Category segmentation
1.6. Geography segmentation
1.7. Market rivalry
1.8. Competitive landscape
2 Market Overview
2.1. Market definition
2.2. Market analysis
3 Market Data
3.1. Market value
3.2. Market volume
4 Market Segmentation
4.1. Category segmentation
4.2. Geography segmentation
5 Market Outlook
5.1. Market value forecast
5.2. Market volume forecast
6 Five Forces Analysis
6.1. Summary
6.2. Buyer power
6.3. Supplier power
6.4. New entrants
6.5. Threat of substitutes
6.6. Degree of rivalry
7 Competitive Landscape
7.1. Who are the leading players?
7.2. What strategies do the leading players follow?
7.3. What are the strengths of the leading player?
7.4. What are the recent developments in the market?
8 Company Profiles
8.1. Zhongce Rubber Group Co Ltd
8.2. Sailun Group Co Ltd
8.3. Shandong Linglong Tire Co Ltd
8.4. Triangle Tyre Co Ltd
9 Macroeconomic Indicators
9.1. Country data
10 Appendix
10.1. Methodology
10.2. Industry associations
10.3. Related MarketLine research
10.4. About MarketLine
List of Tables
Table 1: China tires & rubber market value: $ million, 2019-24
Table 2: China tires & rubber market volume: million Units, 2019-24
Table 3: China tires & rubber market category segmentation: % share, by value, 2019-24
Table 4: China tires & rubber market category segmentation: $ million, 2019-24
Table 5: China tires & rubber market geography segmentation: $ million, 2024
Table 6: China tires & rubber market value forecast: $ million, 2024-29
Table 7: China tires & rubber market volume forecast: million Units, 2024-29
Table 8: Zhongce Rubber Group Co Ltd: Key Facts
Table 9: Zhongce Rubber Group Co Ltd: Key Employees
Table 10: Sailun Group Co Ltd: Key Facts
Table 11: Sailun Group Co Ltd: Annual Financial Ratios
Table 12: Sailun Group Co Ltd: Key Employees
Table 13: Shandong Linglong Tire Co Ltd: Key Facts
Table 14: Shandong Linglong Tire Co Ltd: Annual Financial Ratios
Table 15: Shandong Linglong Tire Co Ltd: Key Employees
Table 16: Triangle Tyre Co Ltd: Key Facts
Table 17: Triangle Tyre Co Ltd: Annual Financial Ratios
Table 18: Triangle Tyre Co Ltd: Key Employees
Table 19: China Size of Population (Million), 2020-24
Table 20: China Real GDP (Constant 2010 Prices, $ Billion), 2020-24
Table 21: China GDP (Current Prices, $ Billion), 2020-24
Table 22: China Inflation, 2020-24
Table 23: China Consumer Price Index (Absolute), 2020-24
Table 24: China Exchange Rate, 2019-24
List of Figures
Figure 1: China tires & rubber market value: $ million, 2019-24
Figure 2: China tires & rubber market volume: million Units, 2019-24
Figure 3: China tires & rubber market category segmentation: $ million, 2019-24
Figure 4: China tires & rubber market geography segmentation: % share, by value, 2024
Figure 5: China tires & rubber market value forecast: $ million, 2024-29
Figure 6: China tires & rubber market volume forecast: million Units, 2024-29
Figure 7: Forces driving competition in the tires & rubber market in China, 2024
Figure 8: Drivers of buyer power in the tires & rubber market in China, 2024
Figure 9: Drivers of supplier power in the tires & rubber market in China, 2024
Figure 10: Factors influencing the likelihood of new entrants in the tires & rubber market in China, 2024
Figure 11: Factors influencing the threat of substitutes in the tires & rubber market in China, 2024
Figure 12: Drivers of degree of rivalry in the tires & rubber market in China, 2024
