Examine the Chinese Tire Renovation Industry with this Comprehensive 2008 Report

DUBLIN, Ireland--(Business Wire)--
Research and Markets
(http://www.researchandmarkets.com/research/e9ef8e/market_research_re)
has announced the addition of the "Market Research Report on Chinese
Tire Renovation Industry, 2008" report to their offering.

The report analyzes Chinese tire renovation market from aspects
such as industry development state, market demands, equipment
production and competitions in order to provide reference for
investors who want to invest in tire renovation and equipment
producing fields.

Tire renovation means discarded tires recover its use value after
sectional repair, processing, re-pasting the tread rubber and
vulcanization. It extends and complements the tire production as an
important segment of the tire recycling industry chain. The usage of
renovated tires equals 60%-80% to new tires. The quality of a
renovated tire with pre-vulcanization approaches a new tire while it
is only the equivalent of 15%-30% in the consumption of raw materials
of a new tire in the same standard, 20%-30% in consumption of power
and 80% in price.

In 2007, the outputs of Chinese tire industry was 556 million,
including 330 million automobile tires. Till the end of 2007, auto
holdings of China had reached 57 million with 170 million discarded
tires. As the development of auto industry, the quantities of
discarded tires present a trend of swift growth. The tire renovation
industry becomes attractive because of large quantities of discarded
tires and the continuous growth of tire outputs. Particularly, it will
be environmental pollution and waste of resources as if the discarded
tires hadn't been processed properly.

Currently, major process methods of discarded tires in China
include tire renovation, Production of renewable plastic and powder
production.

Chart Quantities of renovated tires in China, 2003-2008

The quantities of renovated tires are only 3% of the annual output
of automobile tires in China far below the world's average rate 10%.
Meanwhile, renovated tires most are bias tires with low qualities.

Technologies are no longer the bottle neck. The Mileage of a
qualified renovated tire is almost the same with, even exceeding a new
tire. Although renovated tires have high price versus performance
ratio and are good for Resource conservation and economic benefits,
there are still many factors affecting Chinese tire renovation
industry. For instance, the consumption concept in China is
conservative; people disapprove the qualities of renovated tires.
Meanwhile, poor-quality and low-cost renovated tires from some small
manufacturers disturb the normal market order.

In the long run, the swift growth of auto holdings brings massive
potential and investment opportunities for Chinese tire renovation
industry.

Key Topics Covered:

1. Profiles of Chinese tire renovation Industry

1.2 Analysis of the development circumstances

1.3 Competitions in the tire renovation market

2. Analysis of the value chain in Chinese tire renovation industry

2.1 Analysis of the structure of the value chain

2.2 Analysis of Chinese discarded tire market

2.3 Analysis of tire renovation equipment industry

2.4 Analysis of the supply and demand balance in tire renovation
industry

3. The state of some regional tire renovation markets in China

3.1 Shandong

3.2 Guangdong

3.3 Zhejiang

3.4 Beijing

3.5 Shanghai

4. Analysis of major manufacturers in competition

5. Analysis of the development and investment in Chinese tire
renovation industry

5.1 Trends

5.2 Analysis of investments

Companies Mentioned:

- Qindao Shinhee Polymer Co., Ltd.

- Zhaoyuan Pengtai Tire Renovation Co., Ltd.

- Changzhou Yisheng Rubber Product Co., Ltd.

- Juzhou Hongwei Rubber Co., Ltd.

- Quntai (Guangshui) Tire Renovation Co., Ltd.

- Weihai Triangle Tire Renovation Co., Ltd.

For more information visit
http://www.researchandmarkets.com/research/e9ef8e/market_research_re

Research and Markets
Laura Wood
Senior Manager
Fax from USA: 646-607-1907
Fax from rest of the world: +353-1-481-1716
press@researchandmarkets.com

Copyright Business Wire 2008