China's tire industry competition pattern changes and the tire industry structure adjustment initial effect

Release time:

2018-08-12

  At present, the domestic tire market is divided into "three camps": Michelin, Bridgestone, Goodyear and other enterprises occupy the first echelon; Kumho, Hantai, Jiatong and other enterprises are r

  At present, the domestic tire market is divided into "three camps": Michelin, Bridgestone, Goodyear and other enterprises occupy the first echelon; Kumho, Hantai, Jiatong and other enterprises are ranked in the second echelon; Chaoyang, good luck and other domestic Tires can only hit the market at a low price.
  Luo Baihui, secretary-general of the International Association of Mould & Hardware Plastics Suppliers, believes that the Sino-US tire special protection case has turned many export-oriented domestic tire companies to the domestic market. After experiencing short-term price increases, with the fall in raw material prices, future prices The battle is hard to avoid.
  Recently, brands such as Bridgestone, Goodyear, Michelin, and Kumho have announced that they will increase the price of tires in the US market by at least 4%. At present, the price hike of this US tire has spread to China, and domestic brand tire prices have entered a stage of overall increase. Park Kang-soo, vice president of Qingdao Nikesen Tire Co., Ltd., said in an interview with the media that although the tire market will expand in the long-term as the automobile market grows, the fluctuation of raw material prices, the impact of multinational companies and local tire companies In the context of growing, the competition among tire companies will be more intense.