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Three advantages of China's tire manufacturing industry

  • Categories:Industry News
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  • Time of issue:2019-09-29 09:13
  • Views:36

Three advantages of China's tire manufacturing industry

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At present, some domestic wheel companies have gradually entered the global procurement system for auto parts, and China is moving in the direction of the tire manufacturing industry. At the dawn of the financial crisis, China's tire manufacturing industry is ready to go through this "winter". Insiders pointed out that China's tire manufacturing industry has three major advantages:
 
First, the wheel manufacturing industry is a raw material and labor-intensive industry. China has the advantage of sufficient raw materials and human resources. China is close to Vietnam, Thailand and other countries in the world of natural rubber producing countries, and the production of natural rubber in the southwest has also become a scale. At present, the wheels for automobiles are mainly steel wheels and aluminum wheels, and the ratio of these two types of wheels to cars is about. China is the world's largest producer of steel and aluminum, and sufficient raw materials make wheel production a great raw material cost advantage. At present, China's human resource costs still have great advantages compared with European and American countries.
 
Second, the supply and demand relationship in the international market determines that the Chinese wheel industry will implement industrial transfer. Wheel production is an industry with high energy consumption and low level of technology. Taking into account environmental protection, energy and other issues, developed countries began to transfer industries to developing countries. The world tire giants such as Michelin and Bridgestone are looking to China. Domestic wheel companies should seize this opportunity to join the global parts procurement system of vehicle manufacturers and occupy this indispensable part of the industry chain. At present, the total annual export volume of domestically produced wheels is about 10,000 pieces.
 
Third, China's auto industry is growing at a high speed, bringing supporting business opportunities to the wheel manufacturing industry. Currently, the wheel market is subdivided into market and retail markets. In addition, China is increasingly becoming a world factory, and multinational companies are generally optimistic about the potential and advantages of the Chinese market. Therefore, the rapid development of the automotive industry will lead to continued prosperity of the wheel manufacturing industry.

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Three advantages of China's tire manufacturing industry
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