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China Tire Market, By Vehicle Type (Passenger Cars, Two-Wheeler, M&HCV, LCV, Three-Wheeler and OTR), By Demand Category (Replacement, OEM), By Tire Construction Type (Radial, Bias), By Region, Competition Forecast & Opportunities, 2017- 2027

China Tire Market, By Vehicle Type (Passenger Cars, Two-Wheeler, M&HCV, LCV, Three-Wheeler and OTR), By Demand Category (Replacement, OEM), By Tire Construction Type (Radial, Bias), By Region, Competition Forecast & Opportunities, 2017- 2027

The China tire market is anticipated to project robust growth in the forecast period, 2023-2027, with a CAGR of 10.98% to reach USD82,463.17 million by 2027. Increasing sales of automobiles and surging demand for replacement tires are bolstering the production of tires in China. Also, the adoption of advanced technologies in the manufacturing process and the use of high-quality materials for tire production are the driving factors behind the growth of China tire market through the forecast period.
The high demand for automobiles is fueling tire production in China. China is the leading exporter of automobiles all over the world and is home to major automotive manufacturers of the world. Chinese tires witness massive demand around the globe as they are affordable and are made up of high-quality material. With massive vehicle and tire production and growing demand for quality products worldwide, the China tire market is expected to grow at a significant rate in the next five years.
Electric and hybrid vehicle sales are accelerating rapidly due to the implementation of stringent emission norms and increased consumer awareness about the adverse effects of greenhouse emissions on the environment. The high demand for electric and hybrid vehicles is expected to create lucrative growth opportunities for the China tire market in the forecast period.
The China tire market is segmented into vehicle type, demand category, tire construction type, regional distribution, and competitive landscape. Based on vehicle type, the market is divided into passenger cars, light commercial vehicles (LCV), M&HCV, OTR, two-wheeler, and three-wheeler. Passenger cars led the market in 2021 with a share of 46.36% and are projected to maintain their dominance throughout the forecast period. High sales and production of passenger cars in the country to meet domestic as well as overseas demand is driving the demand for passenger car tires in the forecast period.
Hangzhou Zhongce Rubber Co. Ltd., GITI Tire (China) Investment Company Ltd, Sailun Jinyu Group Co. Ltd., Kumho Tire Co. Ltd., Triangle Tire Co. Ltd., Hankook Tire China Co. Ltd., Double Coin Holdings Ltd., Cheng Shin Rubber (China) Co. Ltd, Aelous Tyre Co. Ltd, and Prinx Chengshan (Shandong) Tire Company are among the major market players in the China tire market.

Years considered for this report:
Historical Years: 2017-2020
Base Year: 2021
Estimated Year: 2022E
Forecast Period: 2023F-2027F

Objective of the Study:
•To analyze the historical growth in the market size of the China tire market from 2017 to 2021.
•To estimate and forecast the market size of China tire market from 2022E to 2027F and growth rate until 2027F.
•To classify and forecast the China tire market based on vehicle type, demand category, tire construction type, regional distribution, and competitive landscape.
•To identify the dominant region or segment in the China tire market.
•To identify drivers and challenges for the China tire market.
•To examine competitive developments such as expansions, new product launches, mergers & acquisitions, etc., in the China tire market.
•To identify and analyze the profiles of leading players operating in China tire market.
•To identify key sustainable strategies adopted by market players in the China tire market.

TechSci Research performed both primary as well as exhaustive secondary research for this study. Initially, TechSci Research sourced a list of manufacturers across the country. Subsequently, TechSci Research conducted primary research surveys with the identified companies. While interviewing, the respondents were also enquired about their competitors. Through this technique, TechSci Research could include the manufacturers which could not be identified due to the limitations of secondary research. TechSci Research analyzed the manufacturers, distribution channels and presence of all major players across the country.

TechSci Research calculated the market size of the China tire market using a top-down approach, wherein data for various end-user segments was recorded and forecast for the future years. TechSci Research sourced these values from the industry experts and company representatives and externally validated through analyzing historical data of these products and applications for getting an appropriate, overall market size. Various secondary sources such as company websites, news articles, press releases, company annual reports, investor presentations and financial reports were also studied by TechSci Research.

Key Target Audience:
•Tire manufacturers/ distributors
•Market research and consulting firms
•Government bodies such as regulating authorities and policy makers
•Organizations, forums, and alliances related to China tire market
The study is useful in providing answers to several critical questions that are important for the industry stakeholders such as manufacturers, suppliers and partners, end users, etc., besides allowing them in strategizing investments and capitalizing on market opportunities.

Report Scope:
In this report, China tire market has been segmented into the following categories, in addition to the industry trends which have also been detailed below:
•China Tire Market, By Vehicle Type:
oPassenger Car
oTwo-Wheeler
oM&HCV
oLCV
oThree-Wheeler
oOTR
•China Tire Market, By Demand Category:
oReplacement
oOEM
•China Tire Market, By Tire Construction Type
oRadial
oBias
•China Tire Market, By Region:
oEast China
oSouth-Central China
oNorth China
oSouth-West China
oNorth-East China
oNorth-West China
Competitive Landscape

Company Profiles:
Detailed analysis of the major companies present in China tire market.

Available Customizations:
With the given market data, TechSci Research offers customizations according to a company’s specific needs. The following customization options are available for the report:

Company Information
•Detailed analysis and profiling of additional market players (up to five).
Table of Contents

1.Product Overview
2.Research Methodology
3.Executive Summary
4.Impact of COVID-19 on China Tire Market
5.Voice of Customer
5.1.Factors Influencing Purchase Decision
5.2.Aided and Unaided Brand Recall
5.3.Brand Satisfaction
6.China Tire Market Outlook
6.1.Market Size & Forecast
6.1.1.By Volume and Value
6.2.Market Share & Forecast
6.2.1.By Vehicle Type (Passenger Car, Two-wheeler, M&HCV, LCV, Three-Wheeler and OTR)
6.2.2.By Demand Category (OEM, Replacement)
6.2.3.By Tire Construction Type (Radial, Bias)
6.2.4.By Region (East China, South-Central China, North China, South-West China, North-East China, North-West China)
6.2.5.By Company (2021)
6.3.Market Map (By Vehicle Type, By Region)
7.China Passenger Car Tire Market Outlook
7.1.Market Size & Forecast
7.1.1.By Volume and Value
7.2.Market Share & Forecast
7.2.1.By Vehicle Type (Sedan, SUV/MPV & Hatchback)
7.2.2.By Demand Category
7.2.3.By Tire Construction Type
8.China Two-Wheeler Tire Market Outlook
8.1.Market Size & Forecast
8.1.1.By Volume and Value
8.2.Market Share & Forecast
8.2.1.By Vehicle Type (Scooter/Moped & Motorcycle)
8.2.2.By Demand Category
8.2.3.By Tire Construction Type
9.China M&HCV Tire Market Outlook
9.1.Market Share & Forecast
9.1.1.By Value & Volume
9.2.Market Share & Forecast
9.2.1.By Vehicle Type (Truck & Bus)
9.2.2.By Demand Category
9.2.3.By Tire Construction Type
10.China LCV Tire Market Outlook
10.1.Market Size & Forecast
10.1.1.By Volume and Value
10.2.Market Share & Forecast
10.2.1.By Vehicle Type (Pickup Truck, Van)
10.2.2.By Demand Category
10.2.3.By Tire Construction Type
11.China Three-Wheeler Tire Market Outlook
11.1.Market Size & Forecast
11.1.1.By Volume and Value
11.2.Market Share & Forecast
11.2.1.By Vehicle Type (Load Carrier & Passenger Carrier)
11.2.2.By Demand Category
11.2.3.By Tire Construction Type
12.China OTR Tire Market Outlook
12.1.Market Size & Forecast
12.1.1.By Volume and Value
12.2.Market Share & Forecast
12.2.1.By Vehicle Type (Mining Vehicle & Construction & Industrial Vehicle, Agriculture Vehicles, & Others include All Terrain Vehicles, Sports Vehicles, etc.)
12.2.2.By Demand Category
12.2.3.By Tire Construction Type
13.Import-Export Analysis
14.Market Dynamics
14.1.Drivers
14.2.Challenges
15.Market Trends and Developments
16.Policy Regulatory and Landscape
17.China Economic Profile
18.Competitive Landscape
18.1.Hangzhou Zhongce Rubber Co. Ltd.
18.2.GITI Tire (China) Investment Company Ltd.
18.3.Sailun Jinyu Group Co. Ltd.
18.4.Kumho Tire Co. Ltd.
18.5.Triangle Tire Co. Ltd.
18.6.Hankook Tire China Co. Ltd.
18.7.Double Coin Holdings Ltd.
18.8.Cheng Shin Rubber (China) Co. Ltd.
18.9.Aelous Tyre Co. Ltd
18.10.Prinx Chengshan (Shandong) Tire Company
19.Strategic Recommendations

List of Figure
Figure 1: China Tire Market Size, By Volume (Thousand Units) and Value (USD Million), 2017-2027F
Figure 2: China Tire Market By Share, By Vehicle Type, By Volume, 2017-2027F
Figure 3: China Tire Market By Share, By Demand Category, By Volume, 2017-2027F
Figure 4: China Tire Market By Share, By Tire Construction Type, By Volume, 2017-2027F
Figure 5: China Tire Market By Share, By Region, By Volume, 2017-2027F
Figure 6: China Tire Market Share, By Company, By Value, 2021
Figure 7: China Tire Market Map, By Vehicle Type, Market Size (Thousand Units) & Growth Rate (%)
Figure 8: China Tire Market Map, By Region, Market Size (Thousand Units) & Growth Rate (%)
Figure 9: China Passenger Car Tire Market Size, By Volume (Thousand Units) and Value (USD Million), 2017-2027F
Figure 10: China Passenger Car Tire Market Share, By Vehicle Type, By Volume, 2017-2027F
Figure 11: China Passenger Car Tire Market Share, By Demand Category, By Volume, 2017-2027F
Figure 12: China Passenger Car Tire Market Share, By Tire Construction Type, By Volume, 2017-2027F
Figure 13: China Two-Wheeler Tire Market Size Volume (Thousand Units) and Value (USD Million), 2017-2027F
Figure 14: China Two-Wheeler Tire Market Share Vehicle Type, By Volume, 2017-2027F
Figure 15: China Two-Wheeler Tire Market Share, By Demand Category, By Volume, 2017-2027F
Figure 16: China Two-Wheeler Tire Market Share, By Tire Construction Type, By Volume, 2017-2027F
Figure 17: China M&HCV Tire Market Size, By Volume (Thousand Units) and Value (USD Million), 2017-2027F
Figure 18: China M&HCV Tire Market Share, By Vehicle Type, By Volume, 2017-2027F
Figure 19: China M&HCV Tire Market Share, By Demand Category, By Volume, 2017-2027F
Figure 20: China M&HCV Tire Market Share, By Tire Construction Type, By Volume, 2017-2027F
Figure 21: China LCV Tire Market Size, By Volume (Thousand Units) and Value (USD Million), 2017-2027F
Figure 22: China LCV Tire Market Share, By Vehicle Type, By Volume, 2017-2027F
Figure 23: China LCV Tire Market Share, By Demand Category, By Volume, 2017-2027F
Figure 24: China LCV Tire Market Share, By Tire Construction Type, By Volume, 2017-2027
Figure 25: China Three-Wheeler Tire Market Size, By Volume (Thousand Units) and Value (USD Million), 2017-2027F
Figure 26: China Three-Wheeler Tire Market By Share, By Vehicle Type, By Volume, 2017-2027F
Figure 27: China Three-Wheeler Tire Market By Share, By Demand Category, By Volume, 2017-2027F
Figure 28: China Three-Wheeler Tire Market By Share, By Tire Construction Type, By Volume, 2017-2027F
Figure 29: China OTR Tire Market Size, By Volume (Thousand Units) and Value (USD Million), 2017-2027F
Figure 30: China OTR Tire Market Share, By Vehicle Type, By Volume, 2017-2027F
Figure 31: China OTR Tire Market Share, By Demand Category, By Volume, 2017-2027F
Figure 32: China OTR Tire Market Share, By Tire Construction Type, By Volume, 2017-2027F

Report Title: China Tire Market, By Vehicle Type (Passenger Cars, Two-Wheeler, M&HCV, LCV, Three-Wheeler and OTR), By Demand Category (Replacement, OEM), By Tire Construction Type (Radial, Bias), By Region, Competition Forecast & Opportunities, 2017- 2027


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