The automotive industry drives the tire industry to speed up

With the rapid expansion of the Chinese auto industry, the development of the domestic tire industry has also recently risen. In 2009, China’s automobile production was approximately 13.79 million vehicles, which surpassed the United States in ranking first in the world. The unprecedented prosperity has caused the domestic tire industry to “blowout.” Last year, China's tire production reached 655 million, an increase of 18% year-on-year.

Experts predict that with the current domestic automotive industry development policy, the average annual growth rate of the Chinese tire industry in the next five years can reach more than 10%.

According to Jiangsu Red Bean Group, the group’s general technology company plans to add 2 million sets of all-steel radial projects. After the production, the company’s annual production capacity of all-steel radial tires will reach 4 million sets, which can achieve sales of 10 billion yuan, becoming a domestic The first private enterprise in the strong tire industry.

Radial tires are commonly known as “steel wire tires”. Compared with ordinary bias tires, they have better wear resistance, puncture resistance, and cushioning properties. According to different materials, they can be divided into all-steel radial tires, semi-steel radial tires, and all-fiber radial tires. Three types of all-steel radial tires are generally used for load-carrying and construction machinery vehicles.

Gu Rui, head of Redbean Group General Technology Co., Ltd., stated that the radialization rate of domestic automobile tires has continuously increased in recent years, and it has risen to 83% in 2009, but developed countries have now reached or approached 100%. In terms of product structure, domestic heavy vehicles are There is still much room for development on specialization.

Gu Rui introduced that at present, the domestic top six tire companies are all state-owned enterprises or converted from state-owned enterprises, such as Shanghai Tire, Triangle Group, etc., production is more than 3 million sets, private enterprises can reach this scale is still the first domestic .

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