ERJ staff report (DS)
Dublin, Ireland -- China Market Report has published a new report titled, Analysis of China Tyre Industry Market 2008. The 50-page report was first published in August 2008 and is available for a price of around Euro 1400, depending on delivery options.
The publishers say, "At present, China is the world's largest tyre producer. According to the Chinese Rubber Industry Association that China's tyre production is the world's fastest growing market, which is about $8 billion, accounting for 9 per cent of the world tyre market share. The total output of China's tyre in 2007 recorded 330 million, an increase of 18 per cent, of which the output of radial ply tyre was 230 million, an increase of 28.8 per cent and of all-steel radial tyres was 50 million, an increase of 30 per cent and of semi-steel radial tyre was 180 million, an increase of 26 per cent and of diagonal tyre declined slightly. Due to the accelerated structural adjustment of tyre products, the increasing growth of radial ply tyre rate reached 74 per cent. "
ERJ has not seen this report and can make no comment on the quality of the research or of the conclusions.
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