DUBLIN--(BUSINESS WIRE)--The "Research Report on Tire Steel Cord Industry in China, 2018-2022" report has been added to Research and Markets' offering.
In 2016, the production volume exceeded 600 million with a CAGR of over 8% during 2012 and 2016. China has been the world's biggest producer and exporter of automobile tires. The development of the radial tire industry also promotes the development of the steel cord industry in China.
The researcher analyzes that China's steel cord has generally realized 100% of domestic manufacturing since 2005. By the end of 2017, there will be approximately 50 steel cord manufacturers in China.
The production volume of steel cord exceeds 2 million tons in China in 2017, representing over 60% of the global production volume. The single use of steel cord limits its application only to the production of radial tires. The market distribution of steel cord is closely associated with the production of radial tires.
The report predicts that the proportion of radial tires to commercial vehicle tires will continue to grow between 2018 and 2022, stimulating the export of radial tires in China. In the coming years, China will hold its position as the world's biggest producer and exporter of tires. The annual growth rate of the production volume of radial tires is projected to maintain over 8% in China, with an increasing demand for steel cord.
Key Topics Covered:
Chapter I Basic Concept of Steel Cord
Chapter II Development Environment of Steel Cord Industry in China, 2013-2017
Chapter III Analysis on Development of China Tire Steel Cord Industry, 2013-2018
Chapter IV Competition Analysis of China Steel Cord Industry
Chapter V Major Global Steel Cord Manufacturers, 2016-2018
Chapter VI Prospect of China Steel Cord Industry, 2018-2022
Companies Mentioned
- Arcelor Mittal Steel Cord Co., Ltd.
- Bekaert Group
- Hubei Fuxing Science and Technology Co., Ltd.
- Hubei Giti Steel Cord Co., Ltd.
- Jiangsu Xingda Steel Tyre Cord Co., Ltd
- Junma Tyre Cord Co., Ltd.
- Kiswire Ltd.
- Shandong Shengtong Co., Ltd.
- Shougang Concord Century Holdings Ltd.
- Tokyo Rope MFG. Co., Ltd.
For more information about this report visit https://www.researchandmarkets.com/research/3kq4sg/research_report?w=4.
