China tyre report 2008-2009 published

ERJ staff report (DS)

Beijing -- Invest to China has published a new report titled, Global and China Tire Market Report, 2008-2009. The 195-page report was first published in May 2009 and is available for a price of around US$ 2000, depending on delivery options.

The publishers say, "he 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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Home page of report on InvestToChina website