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How long will China, the world's largest tire mold manufacturer, wait?
Post date: 2021-07-26 View: 359

With the increase of China's automobile production and ownership, the tire market has developed rapidly, which has also rapidly driven the vigorous development of China's tire mold manufacturing industry. Under the environment of global rubber overcapacity, the reduction of rubber prices provides a driving force for the development of tire and tire mold industry. How long will China wait from the world's major tire mold manufacturing country?

How long will China, the world's largest tire mold manufacturer, wait?

Recently, the in-depth research and prospect forecast report on China's tire mold industry from 2014 to 2018 released by Shangpu consulting pointed out that in the international market, the trend of multinational companies purchasing molds in China is still developing, and there is great potential for the development of international emerging markets. Looking at the development trend at home and abroad, China's tire mold manufacturing industry has a broad development space and will become a large tire mold production country in the world.

It is reported that in 2013, the prosperity of China's tire mold industry rebounded, with annual sales of about 3.565 billion yuan, a year-on-year increase of 18.44%, mainly due to the sharp decline in rubber prices in 2013, and domestic tire enterprises have proposed and expanded tire projects, driving the growth of tire mold demand. From the profitability of key enterprises, the sales revenue of China's major tire mold enterprises increased by different ranges in 2013. Among them, as a leader in the tire mold industry, Haomai technology performed well. In 2013, the company's tire mold sales revenue was 1.057 billion yuan, a year-on-year increase of 57.11%; Followed by Giant Wheel Co., Ltd. in 2013, the company's tire mold sales revenue was 468 million yuan, a year-on-year increase of 14.04%. The development of tire mold industry is closely related to the development of tire industry. With the increase of automobile production and ownership, the tire market supporting and replacing it will maintain a rapid growth trend, and the tire mold manufacturing industry will also usher in a good opportunity for development.

According to authoritative sources, the world tire manufacturing center is shifting to the Asian market led by China, and the focus of world rubber machinery and tire molds is also shifting to China.