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China Tire Market, By Vehicle Type (Passenger Car, LCV, M&HCV, OTR, Two-Wheeler and Three -Wheeler), By Demand Category (OEM Vs. Replacement), By Radial Vs Bias, By Rim Size, By Region, Forecast & Opportunities, 2025

China Tire Market, By Vehicle Type (Passenger Car, LCV, M&HCV, OTR, Two-Wheeler and Three -Wheeler), By Demand Category (OEM Vs. Replacement), By Radial Vs Bias, By Rim Size, By Region, Forecast & Opportunities, 2025

China tire market was valued USD 28.19 Billion in 2019 and is projected to grow at CAGR of over 6% during the forecast period to reach USD 36.82 Billion by 2025 owing to increasing sales of automobile and growing replacement tire demand in the country. Rising demand for automobiles in most of the countries is leading to higher production in China. China is a leading exporter of automobiles to most of the regions across the globe, with the country being the largest exporter of automobiles to Middle East. High and rising vehicle production in China is expected to continue boosting demand for tires in the OEM tire segment.

China tire market is segmented based on vehicle type, demand category, radial vs bias, rim size and region. Based on vehicle type, the market can be categorized into passenger car, LCV (Light Commercial Vehicle), M&HCV (Medium & Heavy Commercial Vehicle), OTR (Off-The-Road Vehicles), two-wheeler and three-wheeler. Among these, passenger car dominated the market with share of 53.45% in 2019. The growth of the segment can be attributed to surge in demand for personal transportation for daily commuting amid COVID-19, rise in sales of used and new passenger car, thereby, driving the demand for passenger car tire through 2025.

Major companies operating in China tire market are 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. Due to increasing market competition, tire manufacturers are trying to offer the best that they can. Tire manufacturers are engaging in developing and integrating new technological advancements in their high-tech tire offerings. Tire manufacturers in China are increasingly focusing on providing such advanced product offerings to meet the evolving consumer requirement with respect to better ride quality, better traction, safety, better fuel efficiency and durability.

Years considered for this report:

Historical Years: 2015-2020

Base Year: 2019

Estimated Year: 2020

Forecast Period: 2021–2025
-bjective of the Study:
• To analyze and forecast market size of China tire market.
• To classify and forecast China tire market based on vehicle type, demand category, radial vs bias, rim size, company and region.
• To identify drivers and challenges in China tire market.
• To identify market trends and developments in China tire market.
• To identify and analyze the profile of leading players involved in the manufacturing of tires in China.

In order to perform the study, TechSci Research conducted primary as well as exhaustive secondary research. Initially, TechSci Research prepared an exhaustive list of China tire manufacturers and suppliers operating in the country. Subsequently, TechSci Research conducted primary research surveys, which included primary calls, email responses, etc., with the identified companies. While interviewing, the respondents were also asked about their major competitors. Through this technique, TechSci Research was able to include manufacturers which could not be identified due to the limitations of secondary research. TechSci Research analyzed product offerings, distribution channels, and regional presence of all major tire suppliers across the country.

TechSci Research calculated the market size for China tire market using a bottom-up technique, wherein manufacturers’ volume sales data for different applications were recorded as well as forecast for the future years. TechSci Research sourced these Value & Volumes from industry experts and company representatives, and externally validated through analyzing historical sales data of respective manufacturers to arrive at the overall market size. Databases and multiple secondary sources such as China Association of Automobile Manufacturers (CAAM), company websites, company annual reports and financial reports were also analyzed by TechSci Research.

Key Target Audience:
• Tire manufacturers, suppliers, distributors and other stakeholders
• Tire raw material suppliers
• Major end-users
• Associations, organizations, forums and alliances related to tire industry
• Government bodies such as regulating authorities and policy makers
• Market research and consulting firms

The study is useful in providing answers to several critical questions that are important for industry stakeholders such as tire manufacturers, distributors and dealers, customers and policy makers. The study would also help them to target the growing segments over the coming years, thereby aiding the stakeholders in taking investment decisions and facilitating their expansion.

Report Scope:

In this report, China tire market has been segmented into following categories, in addition to the industry trends which have also been detailed below:
• China Tire Market, By Vehicle Type:
- Passenger Car
- Two-Wheeler
- Medium & Heavy Commercial Vehicle
- Light Commercial Vehicle
- Off-The-Road Vehicle (OTR)
- Three-Wheeler
• China Tire Market, By Demand Category:
- OEM
- Replacement
• China Tire Market, By Radial Vs. Bias
• China Tire Market, By Rim Size:
• China Tire Market, By Region:
- East China
- South-Central China
- North China
- North-East China
- South-West China
- North-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 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).

Profit Margin Analysis
• Profit margin analysis in case of direct and indirect sales channel.
1. Product Overview
2. Research Methodology
3. Impact of COVID-19 on China Tire Market
4. Executive Summary
5. Voice of Customer
5.1. Brand Awareness & Recall
5.2. Brand Satisfaction
5.3. Challenges & Unmet Needs
6. China Tire Market Outlook
6.1. Market Size & Forecast
6.1.1. By Value & Volume
6.2. Market Share & Forecast
6.2.1. By Vehicle Type (Passenger Car, LCV, M&HCV, OTR, Two-wheeler and Three -wheeler)
6.2.2. By Demand Category (OEM Vs. Replacement)
6.2.3. By Radial Vs Bias
6.2.4. By Company (2019)
6.2.5. By Region
6.3. Market Attractiveness Index
6.3.1. By Vehicle Type
6.3.2. By Region
7. China Passenger Car Tire Market Outlook
7.1. Market Size & Forecast
7.1.1. By Value & Volume
7.2. Market Share & Forecast
7.2.1. By Vehicle Type
7.2.2. By Demand Category
7.2.3. By Radial Vs Bias
7.2.4. By Rim Size
7.2.5. By Tire Size
7.3. Market Attractiveness Index
7.3.1. By Vehicle Type
8. China Two-Wheeler Tire Market Outlook
8.1. Market Size & Forecast
8.1.1. By Value & Volume
8.2. Market Share & Forecast
8.2.1. By Vehicle Type
8.2.2. By Demand Category
8.2.3. By Radial Vs Bias
8.2.4. By Rim Size
8.2.5. By Tire Size
8.3. Market Attractiveness Index
8.3.1. By Vehicle Type
9. China Medium & Heavy Commercial Vehicle Tire Market Outlook
9.1. Market Size & Forecast
9.1.1. By Value & Volume
9.2. Market Share & Forecast
9.2.1. By Vehicle Type
9.2.2. By Demand Category
9.2.3. By Radial Vs Bias
9.2.4. By Rim Size
9.2.5. By Tire Size
9.3. Market Attractiveness Index
9.3.1. By Vehicle Type
10. China Light Commercial Vehicle Tire Market Outlook
10.1. Market Size & Forecast
10.1.1. By Value & Volume
10.2. Market Share & Forecast
10.2.1. By Vehicle Type
10.2.2. By Demand Category
10.2.3. By Radial Vs Bias
10.2.4. By Rim Size
10.2.5. By Tire Size
10.3. Market Attractiveness Index
10.3.1. By Vehicle Type
11. China OTR Tire Market Outlook
11.1. Market Size & Forecast
11.1.1. By Value & Volume
11.2. Market Share & Forecast
11.2.1. By Vehicle Type
11.2.2. By Demand Category
11.2.3. By Radial Vs Bias
11.2.4. By Rim Size
11.2.5. By Tire Size
11.3. Market Attractiveness Index
11.3.1. By Vehicle Type
12. China Three-Wheeler Tire Market Outlook
12.1. Market Size & Forecast
12.1.1. By Value & Volume
12.2. Market Share & Forecast
12.2.1. By Vehicle Type
12.2.2. By Demand Category
12.2.3. By Radial Vs Bias
12.2.4. By Rim Size
12.2.5. By Tire Size
12.3. Market Attractiveness Index
12.3.1. By Vehicle Type
13. Market Dynamics
13.1. Drivers
13.2. Challenges
14. Import Export Analysis
15. Market Trends & Developments
16. Policy and Regulatory & Landscape
17. Pricing Analysis
18. China Economic Profile
19. Competitive Landscape
19.1.1. Company Profile
19.1.1.1. Company Overview
19.1.1.2. Products & Services
19.1.1.3. Financials (If available)
19.1.1.4. Current & Future Strategy
19.1.1.5. Key Management
19.1.1.6. Contact Details
19.1.2. Hangzhou Zhongce Rubber Co. Ltd.
19.1.3. GITI Tire (China) Investment Company Ltd.
19.1.4. Sailun Jinyu Group Co. Ltd.
19.1.5. Kumho Tire Co. Ltd.
19.1.6. Triangle Tire Co. Ltd.
19.1.7. Hankook Tire China Co. Ltd.
19.1.8. Double Coin Holdings Ltd.
19.1.9. Cheng Shin Rubber (China) Co. Ltd.
19.1.10. Aelous Tyre Co. Ltd
19.1.11. Prinx Chengshan (Shandong) Tire Company
20. Strategic Recommendations
21. About Us & Disclaimer

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Report Title: China Tire Market, By Vehicle Type (Passenger Car, LCV, M&HCV, OTR, Two-Wheeler and Three -Wheeler), By Demand Category (OEM Vs. Replacement), By Radial Vs Bias, By Rim Size, By Region, Forecast & Opportunities, 2025


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