How many tire factories are there in China?
China is one of the world's largest tire production and consumption markets.
Overall data shows that there are 337851 existing tire related enterprises in the domestic market, with Shandong having the largest number of enterprises, with 143794. Moreover, each province also has tire enterprise layouts.
The development of the automotive industry, construction machinery industry, and transportation industry is closely related to the tire industry.
The market size of China's tire manufacturing industry in 2021 is approximately 1973 billion yuan!
With such a huge market size, more and more tire factories have evolved, including foreign-funded factories, state-owned enterprises, private enterprises, all steel tire factories, semi steel tire factories, and intelligent tire factories. How many tire factories are there on the vast land of our country?
01Foreign tire factories
Since 2000, the production capacity of foreign brand tires in China has been continuously expanding. It is understood that foreign tire companies have an annual production capacity of approximately 260 million passenger car tires in China. Moreover, foreign brands are expanding their production in China, mainly focusing on passenger car tire products.
At present, the main foreign-funded tire companies in China include Bridgestone (Japan), Michelin (France), Goodyear (USA), Continental (Germany), Sumitomo Rubber (Japan), Pirelli (Italy), Hantai (South Korea), Ukohama (Japan), Gupta (USA), Tongyio (Japan), Jinhu (South Korea), Nike (South Korea), and Jiatong (Singapore). In the passenger car tire market in China, these foreign-funded tire companies firmly grasp the market initiative by turning against customers.
Therefore, these tire brands also have their own tire factories in the Chinese tire market, and these enterprises even have more than one factory. The layout of brands and production capacity has also enabled these foreign brands to establish a firm foothold in the Chinese market!
02
Top domestic enterprise factoriespictureIn the past century, China's tire industry has gone from weak to strong. After generations of efforts and hard work by tire enthusiasts, we have finally been able to compete with foreign brands and continue to move towards becoming a global tire industry powerhouse!For the development of tire enterprises, production capacity and volume are important manifestations of their hard development. Moreover, tire companies such as Zhongce, Linglong, Sailun, and Shuangqian not only have multiple production bases in China, but also have their own factory production capacity overseas.
Taking Linglong as an example, the Linglong Liuzhou production base, with a total investment of 4 billion yuan, is an important strategic support for the internationalization of Linglong's tire industry layout. After the project is completed, it will reach a production capacity of 20 million sets of high-performance semi-steel radial tires, 2 million sets of all steel radial tires, and 60000 sets of engineering radial tires.Linglong Zhaoyuan Factory is the largest factory in Linglong China, with a designed production capacity of 30 million semi-steel tires. It is currently the largest tire factory in China with actual annual production capacity. And it also has 5.1 million all steel and 1 million diagonal joints.Dezhou Linglong Tire Co., Ltd. was established in October 2011, and Linglong Tire's Dezhou factory plans to have a production capacity of 10 million.The Linglong Jingmen Tire Project includes a semi steel production line and an all steel production line, with a planned increase in production capacity of 12 million sets of semi steel radial tires and 2.4 million sets of all steel radial tiresJilin Linglong is the fifth production base of Linglong tires in China. After the completion of this project, it can achieve an annual output of 12 million semi steel radial tires, 2 million all steel radial tires, and 200000 refurbished tires!
Any factory with tens of millions of semi steel tire production capacity and millions of full steel tire production capacity seems to have become a standard configuration for domestic tire enterprises, and the increase in production capacity is also an increase in the strength of domestic tire enterprises!
03
The number of domestic factories is not limited to this!p
Seeing this, many people want to sigh, there are so many tire factories on the land of China! There is really a lot of tire production capacity! Even so, the number of these tire factories is only half of the number of domestic tire factories.As for Dongying Guangrao, there are over a hundred tire companies. Yongsheng, Huasheng, Jinyu, Xingyuan, Zhongyi, Shuangwang, Hengfeng, Changfeng, Haohua, Haoyu, Fengyuan, and 800 million are all tire companies with high factories, production capacity, and market share! The reason why it doesn't appear in the table is because it can't be finished, it can't be finished at all! pictureAny of these tire companies mentioned above has an annual production capacity of tens of millions, and even so, there are still many tire companies and tire production capacity that have not been mentioned today，
04
There are many factories and fierce competitionpictureHow many tire factories are there in the current domestic tire market? To put it simply, countless! How much tire production capacity do these tire factories have? Countless! In this situation, many tire companies are still investing in expanding production and seizing the market, in other words, there is already an oversupply!What should we do if there is an oversupply? Competition! Volume! If you are cheaper, I am cheaper. If you can run 400000 kilometers, then I can run 500000 kilometers; At this point, it's just a roll for tire companies, and then it extends down to dealers and tire stores. You have less profit, I have less profit; You have free lifetime security testing, and I will also give away things for free! This vicious competition, from all steel tires to semi steel tires, from tire factories to terminal stores! Whoever can't stand it, who will be eliminated first!
05
Domestic enterprise investment, foreign enterprise running awaypictureOn February 27, 2024, Bridgestone (China) Investment Co., Ltd. issued a notice to terminate Bridgestone (China) Investment Co., Ltd.'s commercial vehicle tire business.
On August 17, 2022, Dunlop Tire issued a notice on integrating Dunlop Tire's business in China. In the notice, Dunlop stated that it would cease the sales and production of truck tires in the Chinese market from January 1, 2023.
As early as a few years ago, companies such as Youke Haoma and Jinhu had abandoned the Chinese truck tire market. Not only that, even tire giants like Michelin and Goodyear find it difficult to make a big profit in the Chinese truck tire market, especially in recent years when foreign tire brands have struggled with truck tires and sales have been declining.Industry insiders in the tire industry can easily see that although there is a huge tire market in China, it is no longer the blue ocean of the tire industry. The current tire market can still see investment from domestic enterprises, but foreign enterprises are fleeing one after another!
Why do foreign tires exit the Chinese market? After all, the domestic tire market has become too competitive. Even China's own tire companies have absurdly low profits in the domestic market!Hopeless profits and fierce competition have made domestic investment by tire companies increasingly cautious. For Chinese tire manufacturers, the current focus of domestic market layout has shifted from "comparing" market share to increasing product added value and becoming a "unique" choice in the market, thereby improving product prices and profits.
In today's technological society, various industries no longer focus on who does more, but on who can complete it quickly and with high quality! The question that tire companies have to face is whether they can make money behind the crazy production!
