Chinese tyre markets studied

ERJ staff report (DS)

Paris, France -- ResearchInChina has published a new report titled, Global & China Tire Market Report, 2008-2009. The 195-page report was first published in May 2009 and is available for a price of around Euro 1600, depending on delivery options.

The publishers say, "China represents the World's largest tire production base, producing 546.14 million tires in 2008. The global tire market scale was about US $130 billion in 2008. According to the application, the tire can be divided into three categories: the non heavy-duty tires for passenger cars and light trucks, the heavy-duty tires for heavy vehicles and the tires for two-wheel vehicle, agricultural machinery, OTR and etc. The market share for the above mentioned three categories were 59%, 28% and 13% respectively in 2008. In addition, the tire market can be divided into OE (Original Equipment) market and RT (Replacement) market. In 2008, taking none heavy-duty tire market as a whole, 25% was shared by OE and 75% by RT, and taking the heavy-duty tire market as a whole, 21% was shared by OE and 79% by RT."

ERJ has not seen this report and can make no comment on the quality of the research or of the conclusions.

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