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According to Data from China Rubber Industry Association, the Total Output of Tyres in China Increased by 13.9% During Jan-Jul 2006 Compared to the Same Period in 2005.

DUBLIN, Ireland -- Research and Markets ( has announced the addition of China Tyre Industry Report, 2006-2007 to their offering

The rapid growth of the Chinese economy drives the auto industry to develop dramatically, which also boosts the prosperity of the tyre industry. Data from National Bureau of Statistics reveal that the year of 2005 witnessed a sustainable and steady growth in the tyre industry: the output reached 283 million units, up 18.7% over 2004; sales revenue also achieved more than RMB 80 billion, the output of radial tyre was 142 million units, that means over 50% of tyres produced for the whole year were radial tyres, the output of full-steel radial tyres was 90 million units, increasing by 31% year on year; the output of steel-belted radial tyres was 111 million units, growing 70% over the year of 2004; tyre exports volume reached about 90 million units, up 31% over 2004 and export value achieved 3.2 billion US dollars, with a yr-on-yr increase rate of 50%.

In the first half of 2006, raw material price was raised though, however, tyre output continued to be increased dramatically. According to data from China Rubber Industry Association, the total output increased by 13.9% during Jan-Jul 2006 compared to the same period in 2005.

The growing tyre output stimulated the strong demand for raw material, for instance, in the first half of 2006, demand for carbon black increased by 13.9% compared to the 1st half of 2005; rubber consumption reached 1.119 million tons, up by 20.23%. In particular, China imported even a larger number of raw rubbers, of which compound rubber and synthetic rubber quite outnumbered the natural rubber. In the 1st half 2006, China imported 720,000 tons of natural rubber, increasing by 13.2% compared to the 1st half of 2005, the total import value was 1.27 billion US dollars, up by 68.2%, the average import price rose 48.6% to 1,764 US dollars per ton; Moreover, in the 1st half of 2006, China imported 192,000 tons compound rubber and 672,000 tons synthetic rubber, up by 65.2% and 29% respectively compared to the 1st half of 2005.

By 2010, the length of highway will reach 55,000 km, the annual output of cars will achieve 10 million and the vehicle ownership will increase to 62 million. According to the government's development plan for road, automotive and transportation, the demand for tyre is expected to reach 300 million including 210 million radial tyres.

Radical tyre is now enjoying a boom, both the domestic and foreign-funded manufacturers are expanding the production and adding more investments, and this situation is expected to last for a few years. As a result, related industries such as rubber machinery, rubber additives and reinforcing materials also have a great development potential.

Key Topics Covered inside this Report:

1 Overview of industrial development

2 Tyre Industry chain

3. Operation analysis

4. Competition analysis

5. Sub-products analysis

6. Industry demand analysis

7. Manufacturer analysis

8. Import and export analysis

9 Development forecast

10. Suggestions on investment

List of Charts

Output and sales of cars in China, 2002-2005

Products, output and enterprises distribution of China rubber machinery industry

Newly-added production capacity of major tyre makers in the first half of 2006

Total tyre import volume in China, 2002-2005

Total tyre export volume in China, 2002-2005

Main financial index of China tyre industry

Output & sales and import volume of natural rubber in China, 2001-2006H1

Output and sales of synthetic rubber in China, Jan-Apr 2006

Demand of steel cord in 2005

Output of Rubber Antioxidant in China

Output of rubber accelerator in China

Ranking of domestic tyre makers by sales in the year of 2005

Output rank of radial tyre, 2005

Tyre output in Shandong province

Ranking of domestic tyre makers by sales revenue in the first half of 2005

Production-expanding of key enterprises in Shandong province

Tyre output in Zhejiang province

Production-expanding of key enterprises in Zhejiang province

Supply & demand of synthetic rubber in China, 1998-2005

Car output of China, 2004-2010

Tyre output of China, 1998-2005

Output of bias tyre in China, 1996-2005

Profit-making ability of Qingdao Yellowsea

Growth index of Qingdao Yellowsea

Main financial index of Shanghai Tyre and Rubber

Companies Mentioned:

* Aeolus Tyre Co., Ltd

* Bridgestone

* Goodyear

* Guizhou Tyre Co., Ltd

* Pirelli

* Qingdao Yellowsee Rubber Co., Ltd

* Shanghai Tyre & Rubber Co., Ltd

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Publication:Business Wire
Date:Feb 5, 2007
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