Research and Markets: Global and China Tire Industry Report, 2014-2015

DUBLIN--()--Research and Markets (http://www.researchandmarkets.com/research/hsg582/global_and_china) has announced the addition of the "Global and China Tire Industry Report, 2014-2015" report to their offering.

2014 marked a bumper year for the tire industry. The declining price of natural rubber helped substantial cost reduction of tire vendors; the tire price performed more stably than the costs although it dropped as well. Despite the shrunk revenue in 2014, almost all tire producers saw higher profit margins. This situation continues in 2015, reflected in the falling price of natural rubber and the slight decline in the tire price.

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.

Key Topics Covered:

1 Global and Chinese Automobile Market and Industry

2 Chinese Automobile Market and Industry

3. Global Tire Market

4 Leading Tire Vendors Worldwide

- Aeolus Tire

- Apollo Tires

- Bridgestone

- Cheng Shin Tire

- Continental

- Cooper

- Double Coin

- Giti Tire

- Goodyear

- Guizhou Tire

- Hangzhou Zhongce Rubber

- Hankook

- Kumho Tire

- Linglong Tire

- MRF

- Michelin

- Nokian

- Pirelli

- Qingdao Double Star

- Sailun Group

- Shengtai

- Sumitomo Rubber Group

- Toyo Tire & Rubber

- Triangle Tire

- Xingyuan

- Yokohama Rubber

For more information visit http://www.researchandmarkets.com/research/hsg582/global_and_china

Contacts

Research and Markets
Laura Wood, Senior Manager
press@researchandmarkets.com
For E.S.T Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
U.S. Fax: 646-607-1907
Fax (outside U.S.): +353-1-481-1716
Sector: Tyres

Contacts

Research and Markets
Laura Wood, Senior Manager
press@researchandmarkets.com
For E.S.T Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
U.S. Fax: 646-607-1907
Fax (outside U.S.): +353-1-481-1716
Sector: Tyres