China Two-Wheeler Tire Market Forecast 2021-2026: Radial Tire Acquired the Majority Market Share and Will Continue to Drive Overall Market Growth - ResearchAndMarkets.com
Based on Tire Type, Radial Type accounted for the majority market share in the previous few years.
The "China Two-Wheeler Tire Market Research Report: Forecast (2021-2026)" report has been added to ResearchAndMarkets.com's offering.
The Chinese Two-Wheeler Tire market is forecast to grow considerably during 2021-26F due to a surge in two-wheeler sales, increasing fleet size of two-wheelers, and burgeoning per capita income.
Besides this, the significantly surging demand for two-wheelers for personal transportation, snowballing product portfolio by the launch of high-performance tires, and escalating growth in the sales of electric two-wheelers are other critical factors likely to fuel the market growth in the forecast period.
Based on Tire Type, Radial Type accounted for the majority market share in the previous few years. The rising trend of radialization in two-wheeler tires, increasing improvement in radial tire technology for two-wheelers by market players, and launch of innovative tires are critical factors likely to contribute to the overall market growth in the forecast period.
Impact of COVID-19
The outbreak of the COVID-19 pandemic pessimistically impacted the market due to reduced sales of two-wheelers, especially at the end of Q1 & Q2 of the previous year. The lockdown imposition, temporary shutdown of various manufacturing units, disruption in the supply further added to the negative growth of the market. However, with the gradual upliftment of lockdown, the production and sales of two-wheelers are back on track. Hence, with this, the overall market growth is likely to propel in the forecast period.
Competitive Landscape
The leading players with a considerable share in the China Two-Wheeler Tire market include Hangzhou Zhongce Rubber, Michelin, Kumho, Bridgestone, Continental, Pirelli, Yokohama, Cheng Shin Rubber, Wuxi Weida Rubber Co. Ltd., etc.
Key Questions Answered in the Market Research Report:
- What are the overall market statistics or market estimates (Market Overview, Market Size- By Value, Forecast Numbers, Market Segmentation, Market Shares) of China Two-Wheeler Tire Market?
- What is the region-wise industry size, growth drivers, and challenges key market trends?
- What are the key innovations, opportunities, current & future trends, and regulations in the China Two-Wheeler Tire Market?
- Who are the key competitors, what are their key strengths & weaknesses, and how do they perform in the China Two-Wheeler Tire Market based on a competitive benchmarking matrix?
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What are the key results derived from the market surveys conducted during the China Two-Wheeler Tire Market study?
Key Topics Covered:
Impact of COVID-19 on China Two Wheeler Tire Market
China Two Wheeler Tire Market Outlook, 2016-26F
- Market Size & Analysis
- Market Share & Analysis
- China Two Wheeler Tire Market Top Selling Tire Sizes
China Scooter/Moped Tires Market Outlook, 2016-26F
- Market Size & Analysis
- Market Share & Analysis
China Motorbike Tires Market Outlook, 2016-26F
- Market Size & Analysis
- Market Share & Analysis
China Two Wheeler Tire Market Dynamics
- Drivers
- Challenges
- Impact Analysis
China Two Wheeler Tire Market Trends & Insights
China Two Wheeler Tire Market Hotspot & Opportunities
Pricing Analysis (Pricing for Various Tire Sizes for Various Brands)
China Two Wheeler Tire Market Value Chain Analysis
- List of Key Stakeholders in Value Chain & Margin Analysis
China Two Wheeler Tire Market Import Export
- Revenues Wise Shipments
- Unit Wise Shipments (Best Effort Based)
Companies Mentioned
- Hangzhou Zhongce Rubber
- Michelin
- Kumho
- Bridgestone
- Continental
- Pireli
- Yokohama
- Cheng Shin Rubber
- Wuxi Weida Rubber Co. Ltd.
For more information about this report visit https://www.researchandmarkets.com/r/gymyxn
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