2.2.3 Prediction on Policy Environment for chinese Tire Industry, 2010-2012
8.4.3 Analysis on M&A Trend in chinese Tire Industry
3.2.1 Status Quo of Competition in chinese Tire Industry
Chart Operation of Hangzhou Zhongce Rubber Co., Ltd, 2005-2009
Chart Top Ten Tire Enterprises by Sales in China, 2009
Though China has become the global largest new vehicle market in 2009, the retain volume per capita is still quite low. In 2009, the vehicle retain volume per thousand people in China was less than 50, much lower than the 600-800 in developed countries and less than the half average retain volume in the world. It is forecast that chinese auto market will maintain the annual growth rate of over 20% in the coming years. With the increase in chinese vehicle retain volume, the annual growth rate of chinese tire market will also exceed 20%. In Chinese auto tire market, the demand for replacement ti
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