Overview

IBISWorld’s Tire Manufacturing market research report offers insightful industry analysis and research into the market at the national level. IBISWorld’s in-depth industry market research is presented in a logical and consistent format. The industry report contains key industry statistics, market size, industry trends, and growth and profit forecasts for a 5-year outlook period.

REPORT SNAPSHOT

Industry Threats & Opportunities

  • Tires produced in China account for approximately 33.3% of the global tire market

  • shopping_cartBUY NOW TO READ MORE

    Industry Analysis & Industry Trends

    With tire output estimated at 1.01 billion units in 2017, China is the largest producer of tires in the world, followed by the United States and Japan. Revenue of the Tire Manufacturing industry in China is expected to total $93.6 billion in 2017, up0.9% for the year. Over the five years through 2017, revenue has been growing at an average annualized rate of 3.7%. The development of China's Automobile Manufacturing industry (IBISWorld industry report 3721) has been a major driver of tire demand. With increased automobile ownership in China, demand for tires for new cars and replacement tires for existing vehicles continued to increase strongly in the past five years. Road construction and growth in road transportation have also contributed to higher demand for tires...

    shopping_cartBUY NOW TO READ MORE

    Industry Report - Starting a New Business Chapter

    Technical standards

    Technical standards continue to increase for tire products, which increases entry barriers to this industry. In 2007, the US Government implemented new, stricter standards for all tires, as part of the Federal Motor Vehicle Safety Standards. Products that fail to meet these standards are not permitted to enter the US market. In the European Union, the new European Chemicals regulation was adopted in June 2007, which increased raw material standards. Large-scale enterprises have higher technical levels and can easily meet the requirements of the new standards. Small enterprises with low technology and R&D levels will face difficulties with the new standards. The..

    shopping_cartBUY NOW TO READ MORE

    Additional Insights for the Tire Manufacturing Industry

    IBISWorld identifies 250 Key Success Factors for a business.The most important for the Tire Manufacturing Industry are

  • Ability to quickly adopt new technology
  • Establishment of export markets
  • Economies of scale
  • IBISWorld analysts also discuss how external factors such as Downstream Demand - Motor Vehicle mfg and Export Competition in the Tire Manufacturing industry impact industry performance..

    shopping_cartBUY NOW TO READ MORE

    Look under the hood?

    Download a FREE sample report

    Industry Products

    What is the Tire Manufacturing Industry?

    The Tire Manufacturing industry in China manufactures pneumatic tires, solid tires, semi-pneumatic tires, tire tubes and aircraft tires. The tire products in this industry use rubber as the major raw material.

    Industry Products
    Car tires
    Light truck tires
    Truck tires
    Agricultural and forestry tires
    Engineering tires
    Motorcycle tires
    Other tires
    Industry Activities
    Manufacturing pneumatic tires
    Manufacturing semi-pneumatic tires
    Manufacturing tire tubes
    Manufacturing aircraft tires

    Table of Contents

    About this Industry
    Industry Definition
    Main Activities
    Similar Industries
    Additional Resources
    Industry at a Glance
    Industry Statistics Snapshot
    Industry Structure
    Executive Summary
    Industry Performance
    Executive Summary
    Key External Drivers
  • Downstream Demand - Motor Vehicle mfg
  • Export Competition
  • World price of rubber
  • Industry Systems and Technology - Rubber Tire Mfg
  • Import Taxes - Rubber Tire Mfg.

  • Current Performance
  • Industry revenue
  • Prices and production
  • Industry profitability
  • International trade
  • Demand and consumption trends
  • Chart: Revenue Growth

  • Industry Outlook
  • Table: Tire Manufacturing Industry Revenue Outlook

  • Industry Life Cycle
  • Life cycle reasons
  • Chart: Benchmarking - Tire Manufacturing Industry Lifecycle vs The Economy

  • Products & Markets
    Supply Chains
    Key Buying Industries
  • Automobile Manufacturing
  • Car Repair Services
  • Motorcycle Manufacturing
  • Aircraft Manufacturing
  • Auto Parts Stores

  • Key Selling Industries
  • Iron & Steel Casting
  • Synthetic Rubber Manufacturing

  • Products & Services
  • Car tires
  • Motorcycle tires
  • Light truck tires
  • Truck tires
  • Engineering tires
  • Other tires
  • Agricultural and forestry tires
  • Chart: Tire Manufacturing Industry Products and Services Segmentation

  • Demand Determinants
  • Disposable household income
  • Growth in downstream markets
  • Gas prices

  • Major Markets
  • Specialty stores
  • Original tire market
  • Exports
  • Automobile maintenance stores
  • Automobile detailing and cleaning stores
  • Other retail stores
  • Chart: Major Market Segmentation for the Tire Manufacturing Industry

  • International Trade
    Business Locations
    Chart: Business Locations by State
    Competitive Landscape
    Market Share Concentration
    Key Success Factors
    Cost Structure Benchmarks
  • Profit
  • Purchases
  • Depreciation
  • Wages
  • Other costs
  • Chart: Cost Structure Benchmarking – Sector vs Tire Manufacturing

  • Basis of Competition
  • Technology
  • Brand awareness
  • Pricing
  • Production capacity
  • Value-add of products
  • Sales channels
  • Service quality
  • External competition

  • Barriers to Entry
  • Table: Barrier to Entry Checklist for the Tire Manufacturing Industry

  • Industry Globalization
    Major Companies
    Hangzhou Zhongce Rubber Co., Ltd.GITI Tire (China) Investment Company LimitedShandong Linglong Group Co., Ltd.Bridgestone (China) Investment Co. Ltd.Triangle Group
  • Table: Hangzhou Zhongce Rubber Co., Ltd. - financial performance
  • Table: GITI Tire (China) Investment Company Limited - financial performance
  • Table: Shandong Linglong Group Co., Ltd. - financial performance
  • Table: Bridgestone (China) Investment Co. Ltd. - financial performance
  • Table: Triangle Group - financial performance

  • Operating Conditions
    Capital Intensity
  • Chart: Level of Capital Intensity for the Tire Manufacturing Industry
  • Chart: Tools of the Trade: Growth Strategies for Success

  • Technology & Systems
    Revenue Volatility
  • Chart: Volatility vs Industry Growth

  • Regulation & Policy
    Industry Assistance
    Key Statistics
    Table: Industry Data for the Tire Manufacturing Industry
    Includes:
  • Industry Revenue (2008-2022)
  • Industry Gross Product (2008-2022)
  • Establishments (2008-2022)
  • Businesses (2008-2022)
  • Employment (2008-2022)
  • Exports (2008-2022)
  • Imports (2008-2022)
  • Wages (2008-2022)
  • Total Assets (2008-2022)
  • Pneumatic Tire Output (2008-2022)

  • Table: Annual Percentage Change for Key Industry Data
    Table: Key Ratios for Industry Key Data
    Jargon & Glossary
    Bias Tires
  • Utilizes body ply cords that extend diagonally from bead to bead, usually with successive plies laid at opposing angles forming a criss-cross pattern to which the tread is applied.
  • Radial Tires
  • Allow for reduced rolling friction by laying the cord plies at 90 degrees to the direction of travel. This prevents the plies from rubbing against each other as the tire flexes
  • Tire Tubes
  • Made from an impermeable material, such as soft, elastic synthetic rubber, to prevent air leakage.
  • Why buy this report?

    IBISWorld industry market research reports enable you to:
    • Find out about key industry trends
    • Identify threats and opportunities
    • Inform your decisions for marketing, strategy and planning
    • Quickly build competitive intelligence
    This report on Tire Manufacturing:
    • Provides Market Size information to assist with planning and strategic decisions.
    • Includes the necessary information to perform SWOT, PEST and STEER analysis.
    • Helps you understand market dynamics to give you a deeper understanding of industry competition and the supply chain.
    • Analyses key performance and operational metrics so that you can benchmark against your own business, that of your customers’ businesses, or your competitors’ businesses.
    The Tire Manufacturing market research report includes:
    • Historical data and analysis for the key drivers of this industry
    • A five-year forecast of the market and noted trends
    • Detailed research and segmentation for the main products and markets
    • An assessment of the competitive landscape and market shares for major companies
    • And of course, much more

    IBISWorld reports on thousands of industries around the world. Our clients rely on our information and data to stay up-to-date on industry trends across all industries. With this IBISWorld Industry Research Report on Tire Manufacturing, you can expect thoroughly researched, reliable and current information that will help you to make faster, better business decisions.

    Join IBISWorld today

    Contact Us

    Want to speak to a representative? Call us.

    clear