Complete report is available @ http://www.chinamarketresearchreports.com/115044.html . What comes to the momentous event in the tire industry in 2015 is that the state-owned Sinochem is probable to acquire the shares of the world's fifth largest tire company -- Pirelli to demonstrate the strength of China in the capital field, which is a blockbuster in the tire industry. For a long time, Chinese tire makers have not found a way into the field of sedan OE Tires, so they primarily target RT and truck tire markets. Pirelli is the most important tire supplier for BMW, and the second largest supplier for Mercedes-Benz, also one of Ford's main suppliers. Through the acquisition of Pirelli, Chinese vendors have begun to supply OE Tires for luxury cars. In future, Chinese companies may make more acquisitions to expand the market, obtain technologies and avoid the anti-dumping investigation of the United States. Finland-based Nokian, America-based Titan and CTP, Russia-based Nizhnekamskshina and OJSC, as well as Belarus-based JSC Belshina Belarus are likely to be potentially taken over. If Chinese companies take over Nokian, they will seize the excellent winter tire technology. Chinese tire enterprises, especially private ones, have a high debt ratio and high financial leverage, which are vulnerable to be in bankruptcy in case of a slight decline in the market. For example, Deruibao Tire earned the revenue of close to USD1 billion with the 35th ranking worldwide in 2013, but it suddenly announced bankruptcy in February 2015. Purchase a copy of this report @ http://www.chinamarketresearchreports.com/contacts/purchase.php?name=115044 . China tire industry, especially the truck tire field, is facing serious overcapacity. Along with the decline in China's fixed investments and real estate, the demand for trucks contracts sharply, the highly competitive highway logistics industry sees low profits and minimizes the changes of tires. The US’s anti-dumping investigation is almost a fatal blow on Chinese tire companies, but China still releases more truck tire capacity. In 2015, the new tire capacity hits up to 120 million and the overcapacity rate is 20%-25%. In Chinese OE tire market, the market share of South Korean giants Hankook and Kumho Tire slumped because of consecutive quality problems. By contrast, the market share of Japan-based Dunlop and the US-based Goodyear soared, particularly Dunlop’s market share almost doubled in 2014. China-based Triangle Tire and Giti Tire also witnessed significant growth. The report focuses on following: Global Automobile Industry and Market. China Automobile Industry and Market. Global Tire Industry and Market. Tire Industry and Market in China and the United States. 26 Typical Tire Vendors. Major Points from Table of Contents 1 Global and Chinese Automobile Market and Industry 1.1 Global Automobile Market 1.2 Automobile Market in the United States 1.3 Automobile Market in Japan and Brazil 1.4 Automobile Market in Britain, France and Germany 1.5 Automobile Market in South Korea and Italy 2 Chinese Automobile Market and Industry 2.1 Overview 2.2 Developments 2.3 Analysis 3. Global Tire Market 3.1 Market Size 3.2 Ranking 3.3 American Tire Market 3.3.1 Market Size 3.3.2 Ranking of Tire Dealers 3.3.3 Market Share of Major Tire Vendors 3.3.4 Market Share of Major OTR Vendors 3.3.5 OE Tire Market Analysis 3.3.6 North American Automotive Tire Industry 3.4 Chinese Tire Market 3.5 China Tire Industry 3.6 China's Tire Export 3.7 China Steel Radial Tire Industry 3.8 Market Share of Major Tire Vendors in China 3.9 Top 10 Tire Vendors in China 3.10 Tire Anti-dumping in China and the United States Inquiry Before Buying This Report @ http://www.chinamarketresearchreports.com/contacts/inquire-before-buy.php?name=115044 . 4 Leading Tire Vendors Worldwide 4.1 Michelin 4.2 Bridgestone 4.3 Goodyear 4.4 Continental 4.5 Sumitomo Rubber Group 4.6 Pirelli 4.7 Yokohama Rubber 4.8 Hankook 4.9 Cooper 4.10 Kumho Tire 4.11 Toyo Tire & Rubber 4.12 Apollo Tires 4.13 MRF 4.14 Nokian 4.15 Cheng Shin Tire 4.16 Hangzhou Zhongce Rubber 4.17 Triangle Tire 4.18 Linglong Tire 4.19 Aeolus Tire 4.20 Double Coin 4.21 Guizhou Tire 4.22 Qingdao Double Star 4.23 Xingyuan 4.24 Sailun Group 4.25 Giti Tire 4.26 Shengtai

• published: 15 Apr 2015
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