Dallas, TX -- (SBWire) -- 11/23/2010 -- SandlerResearch announce it will carry Research Report on Global Tire Industry, 2010-2011 Market Research Report in its Store.
Browse complete report: Research Report on Global Tire Industry, 2010-2011
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In the Asian tire market, the overall situation is boosted powerfully by Chinese and Indian markets though Japanese tire market showed a downturn trend at the end of 2008.
In 2009, the auto sales volumes in Europe and USA declined compared with that in 2008. Nevertheless, with the growth of auto reserving volumes, the demand for replacement tires drives the growth of the whole tire market.
Under this background, tire manufacturers even begin to raise the price. The price has been increased firstly in Goodyear by 6% since December 1st, 2009. Subsequently, Bridgestone Americas, Continental North America and Yokohama Rubber increased their tire prices successively. Since January 1st, 2010, Bridgestone has raised the tire price by 5%. The price growth rate is about 5% for tires of Continental North America and 6% for all tires of Yokohama Rubber. Tire giants such as Kumho, Pirelli and Michelin also follow up.
In India, there is huge demand in the tire market, while the storage of tire manufacturers has decreased to the level equivalent to the total production of 20-25 days. Hence, the tire price in Indian market was raised by over 5% at the beginning of 2010. All tire companies owe the price increase to the unbearable price growth of raw materials. In November 2009, the heavy rain and flood severely affected the rubber production in Thailand, Indonesia, Malaysia and India. Consequently, rubber production from these major rubber producers suffers considerable decline. The vigorous demand boosts the price of rubber.
USA’s special tariff on Chinese passenger/light truck tires (tire special safeguard case) acts as another factor driving the price growth of tires. It affects China’s tire export to USA and creates the opportunity for world tire manufacturers to raise the price.
Tire price increase arouses a new round of tire investment craze in the world. After the outbreak of the financial crisis, tire giants (Michelin, etc.) almost stopped all the production expansion plans. At the beginning of 2010, they resumed the production expansion and construction of new projects. Michelin plans to invest USD 870 million to establish a heavy duty tire plant in South India in the coming 2-3 years and put the plant into production in 2012. Bridgestone plans to improve the production capacity of passenger/light truck tires in its Kheda plant to 15,000/day with the investment of USD 56.30 million. Pirelli has declared to invest another USD 100 million in Brazil and Latin America for the production of OTR (off-the-road) tires and agricultural tires. Toyo Tire & Rubber Co., Ltd has also announced that it will set up a new tire plant in Southeast Asia. Cooper will add USD 10 million to improve the automatic production level of its tire plants; meanwhile it declares to improve the production capacity of its plant in Texarkana and expand the production facilities in Arkansas and Mississippi of USA, Guadalajara of Mexico and the joint venture in Kunshan, China.
In terms of tire trade in the world, China has become the world largest tire export country since 2004. However, in recent years, Chinese tires have sustained anti-dumping investigations by USA, Venezuela, Australia, Brazil, Peru, Egypt, Argentina, Turkey, South Africa, Mexico and India, etc. Because of the complete tire industry chain, huge tire demand, advantages in energy and labor resources in China, transnational tire enterprises increase their investment in China successively. It is forecast that the global status of Chinese tire industry will be further raised and China will remain the global No.1 by tire export volume in the coming years.
Through this report, readers can acquire more information:
• Overview of global tire market
• Supply and demand of Asia-Pacific tire market
• Supply and demand of North American tire market
• Supply and demand of European tire market
• Supply and demand of Latin American tire market
• Supply and demand of African and Middle Eastern tire markets
• Major tire manufacturers in the world
• Influence of the financial crisis on global tire market
• Status quo of global tire trade
• Export of major tire export countries in the world
• Import of major tire import countries in the world
• Major barriers to global tire trade
Following persons are recommended to buy this report:
• Tire manufacturers
• Auto manufacturers
• Upstream rubber and carbon black, etc. manufacturers
• Investors concerning the tire industry
• Research institutes concerning the tire industry
• Tire importers and exporters
• Persons researching on global tire trade policies
•Others concerning the tire industry
Browse complete report: Research Report on Global Tire Industry, 2010-2011
http://www.sandlerresearch.org/reports/23343-research-report-on-global-tire-industry-2010-2011.html
Table of Content
1. Analysis on Major Tire Markets in Asia-Pacific Region, 2009-2010
1.1 China
1.1.1 Overview of Chinese Auto Market, 2009-2010
1.1.2 Overview of Chinese Tire Industry, 2009-2010
1.1.3 Major Enterprises in Chinese Tire Industry
1.1.4 Prediction on Development Trend of Chinese Tire Market
1.2 India
1.2.1 Overview of Indian Auto Market, 2009-2010
1.2.2 Overview of Indian Tire Industry, 2009-2010
1.2.3 Major Enterprises in Indian Tire Industry
1.2.4 Prediction on Development Trend of Indian Tire Market
1.3 Japan
1.3.1 Overview of Japanese Auto Market, 2009-2010
1.3.2 Overview of Japanese Tire Industry, 2009-2010
1.3.3 Major Enterprises in Japanese Tire Industry
1.3.4 Prediction on Development Trend of Japanese Tire Market
1.4 South Korea
1.4.1 Overview of South Korean Auto Market, 2009-2010
1.4.2 Overview of South Korean Tire Industry, 2009-2010
1.4.3 Major Enterprises in South Korean Tire Industry
1.4.4 Prediction on Development Trend of South Korean Tire Market
1.5 Australia
1.5.1 Overview of Australian Auto Market, 2009-2010
1.5.2 Overview of Australian Tire Industry, 2009-2010
1.5.3 Major Enterprises in Australian Tire Industry
1.5.4 Prediction on Development Trend of Australian Tire Market
1.6 Others
1.7 Summary of Asia-Pacific Tire Market
1.7.1 Influence of Global Financial Crisis on Asia-Pacific Tire Market
1.7.2 Status Quo and Development Trend of Asia-Pacific Tire Market
2. Analysis on Major Tire Markets in North America, 2009-2010
2.1 USA
2.1.1 Overview of USA Auto Market, 2009-2010
2.1.2 Overview of USA Tire Industry, 2009-2010
2.1.3 Major Enterprises in USA Tire Industry
2.1.4 Prediction on Development Trend of USA Tire Market
2.2 Canada
2.2.1 Overview of Canadian Auto Market, 2009-2010
2.2.2 Overview of Canadian Tire Industry, 2009-2010
2.2.3 Major Enterprises in Canadian Tire Industry
2.2.4 Prediction on Development Trend of Canadian Tire Market
2.3 Summary of North American Tire Market
2.3.1 Influence of Global Financial Crisis on North American Tire Market
2.3.2 Status Quo and Development Trend of North American Tire Market
3. Analysis on Major Tire Markets in Europe, 2009-2010
3.1 France
3.1.1 Overview of French Auto Market, 2009-2010
3.1.2 Overview of French Tire Industry, 2009-2010
3.1.3 Major Enterprises in French Tire Industry
3.1.4 Prediction on Development Trend of French Tire Market
3.2 Germany
3.2.1 Overview of German Auto Market, 2009-2010
3.2.2 Overview of German Tire Industry, 2009-2010
3.2.3 Major Enterprises in German Tire Industry
3.2.4 Prediction on Development Trend of German Tire Market
3.3 UK
3.3.1 Overview of UK Auto Market, 2009-2010
3.3.2 Overview of UK Tire Industry, 2009-2010
3.3.3 Major Enterprises in UK Tire Industry
3.3.4 Prediction on Development Trend of UK Tire Market
3.4 Russia
3.5 Italy
3.6 Spain
3.7 Others
3.8 Summary of European Tire Market
3.8.1 Influence of Global Financial Crisis on European Tire Market
3.8.2 Status Quo and Development Trend of European Tire Market
4. Analysis on Major Tire Markets in Latin America, 2009-2010
4.1 Mexico
4.1.1 Overview of Mexican Auto Market, 2009-2010
4.1.2 Overview of Mexican Tire Industry, 2009-2010
4.1.3 Major Enterprises in Mexican Tire Industry
4.1.4 Prediction on Development Trend of Mexican Tire Market
4.2 Brazil
4.2.1 Overview of Brazilian Auto Market, 2009-2010
4.2.2 Overview of Brazilian Tire Industry, 2009-2010
4.2.3 Major Enterprises in Brazilian Tire Industry
4.2.4 Prediction on Development Trend of Brazilian Tire Market
4.3 Argentina
4.3.1 Overview of Argentine Auto Market, 2009-2010
4.3.2 Overview of Argentine Tire Industry, 2009-2010
4.3.3 Major Enterprises in Argentine Tire Industry
4.3.4 Prediction on Development Trend of Argentine Tire Market
4.4 Others
4.5 Summary of Latin American Tire Market
4.5.1 Influence of Global Financial Crisis on Latin American Tire Market
4.5.2 Status Quo and Development Trend of Latin American Tire Market
5. Analysis on Major Tire Markets in Africa and Middle East, 2009-2010
5.1 Egypt
5.1.1 Overview of Egyptian Auto Market, 2009-2010
5.1.2 Overview of Egyptian Tire Industry, 2009-2010
5.1.3 Major Enterprises in Egyptian Tire Industry
5.1.4 Prediction on Development Trend of Egyptian Tire Market
5.2 South Africa
5.2.1 Overview of South African Auto Market, 2009-2010
5.2.2 Overview of South African Tire Industry, 2009-2010
5.2.3 Major Enterprises in South African Tire Industry
5.2.4 Prediction on Development Trend of South African Tire Market
5.3 Turkey
5.4 Others
5.5 Summary of African and Middle Eastern Tire Markets
5.5.1 Influence of Global Financial Crisis on African and Middle Eastern Tire Markets
5.5.2 Status Quo and Development Trend of African and Middle Eastern Tire Markets
6. Analysis on Global Tire Trade, 2009-2010
6.1 Major Tire Export Countries in the World
6.2 Major Tire Import Markets in the World
6.3 Influence of Financial Crisis on Global Tire Trade
6.4 Analysis on Barriers to Global Tire Trade
6.5 Analysis on Development Trend of Global Tire Trade
Selected Charts
Chart Chinese Tire Production, 2005-2009
Chart Indian Tire Production, 2005-2009
Chart Japanese Tire Production, 2005-2009
Chart Brazilian Tire Production, 2005-2009
Chart USA Tire Production, 2005-2009
Chart Canadian Tire Production, 2005-2009
Chart Demand Volume of Replacement Tires in Germany, 2005-2009
Chart Tire Export Volume of China, 2005-2009
Chart Tire Export Value of China, 2005-2009
Chart Tire Import Volume of India, 2005-2009
Chart Tire Export Volume of India, 2005-2009
Chart Tire Import and Export Volumes of Japan, 2005-2009
Chart Top 10 Export Destinations for Chinese Tires, 2009
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