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Three advantages of China's tire manufacturing industry

Published:

2022-12-28 13:21

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At present, some domestic wheel enterprises have gradually entered the global procurement system of auto parts, and China is moving towards a large tire manufacturing industry. At the time of the financial crisis, China's tire manufacturing industry is ready to survive this "winter". The insiders pointed out that China's tire manufacturing industry has three major comparative advantages:

At present, some domestic wheel enterprises have gradually entered the global procurement system of auto parts, and China is moving towards a large tire manufacturing industry. At the time of the financial crisis, China's tire manufacturing industry is ready to survive this "winter". The insiders pointed out that China's tire manufacturing industry has three major comparative advantages:
 
First, the wheel manufacturing industry is a raw material and labor intensive industry, and China has the advantages of sufficient raw materials and human resources. China is close to Vietnam, Thailand and other major natural rubber producing countries in the world, and the production of natural rubber in the southwest has also reached a scale. At present, the wheels used for automobiles are mainly steel wheels and aluminum wheels, and the application ratio of these two wheels in cars is about. China is the world's largest producer of steel and aluminum, and the abundant raw materials make the wheel production have a great raw material cost advantage. At present, the cost of human resources in China has a great advantage compared with European and American countries.
 
Second, the relationship between supply and demand in the international market determines that China's wheel industry will implement industrial transfer. Wheel production is an industry with high energy consumption and low technical level. Considering environmental protection, energy and other issues, developed countries began to transfer industries to developing countries. Michelin, Bridgestone and other world tire giants look to China. Domestic wheel enterprises should seize this opportunity to join the global parts procurement system of vehicle enterprises and occupy this indispensable link in the industrial chain. At present, the annual export volume of domestic produced wheels is about 10000 pieces.
 
Third, the rapid growth of China's automobile industry has brought supporting business opportunities for the wheel manufacturing industry. At present, the wheel market is subdivided into market and retail market. In addition, China is increasingly becoming the world's factory, and multinational companies are generally optimistic about the potential and advantages of the Chinese market. Therefore, the rapid development of the automobile industry will bring about the continuous prosperity of the wheel manufacturing industry.

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Three advantages of China's tire manufacturing industry

At present, some domestic wheel enterprises have gradually entered the global procurement system of auto parts, and China is moving towards a large tire manufacturing industry. At the time of the financial crisis, China's tire manufacturing industry is ready to survive this "winter". The insiders pointed out that China's tire manufacturing industry has three major comparative advantages:

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2019 Social Responsibility Report of Shouguang Longhua Wheel Co., Ltd

2019 Social Responsibility Report of Shouguang Longhua Wheel Co., Ltd

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Explanation on Closing and Exiting of Bias Tire Project of Weifang Shunfuchang Rubber and Plastic Co., Ltd. in the Second Batch

Explanation on Closing and Exiting of Bias Tire Project of Weifang Shunfuchang Rubber and Plastic Co., Ltd. in the Second Batch

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