The China Tire Market report by MarkNtel Advisors – Market Research Company, offers a comprehensive analysis of the current state of the market, including an overview of key players, emerging trends, and future growth prospects. The report is segmented into various sections, each dedicated to different aspects of the market such as market size, geographical shares, competitive landscape, and market dynamics.

How Big is the China Tire Industry?

The China Tire Market size is expected to rise at a CAGR of around 6.5% during the forecast period 2022-2027.

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China Tire Market Growth Driver:

Integration of Technological Advancements & the Advent of Smart Tires - Since China is among the early adopters of technology and seeks to bring advancements in tire technology, the leading players in the China Tire Market are anticipated to witness numerous growth opportunities during the forecast period. The government is investing substantially in the research & development of tires laced with high-tech mechanisms, including IoT sensors. Additionally, the development of Smart tires to generate crucial information about vehicles & surroundings to determine the vehicle & tire condition shall further generate significant growth opportunities for the leading market players through 2027.

Competitor Breakdown: Top China Tire Companies 2022-2027

  • Kumho
  • Hangzhou Zongche
  • Prinx
  • Double Coin
  • Cheng Shin
  • Hankook
  • Triangle
  • Sailun Jinyu
  • Giti Tire
  • Aelous Tyre Co. Ltd.

Note: Additional or any 5 specific company in the Market can be added to the list without any Extra cost.

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Geographical Analysis:

North East & East, North & North West, South West & South Central.

  • Share of each Geographical segment in the Market
  • Potential growth opportunities in the Geographically
  • The growth rate of the Geographical in the Industry

Breaking Down the China Tire Market Segmentation:

By Type of Vehicles

  • Passenger Car
  • Light Commercial Vehicle
  • Buses & Trucks
  • Medium & Heavy Commercial Vehicles
  • Off the Road (OTR)
  • Two Wheelers
  • Three Wheeler

By Demand Category

  • OEM
  • Replacement

By Type of Tire

  • Radial
  • Bias

By Sales Channel

  • Dealer/Exclusive Outlets
  • Online
  • Others

By Season

  • All season
  • Winter

By Price Category

  • Low (Up to USD90)
  • Medium (USD91-USD140
  • High (Above USD140)

By Rim Diameter

  • Up to 12”
  • 1” to 15”
  • 1.” to 18”
  • 1” to 20”
  • 1” to 22.5”
  • 6” to 26”
  • 1” to 35”
  • 1” to 47”
  • Above 47”

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