2025版全钢巨型工程子午线轮胎行业市场竞争格局、发展方向及投资潜力报告（智研咨询）

Core Viewpoint - China is a major mineral resource country, and the demand for large mining machinery and equipment is increasing, which drives the market demand for all-steel giant engineering radial tires. The market size of this industry is expected to reach 19.839 billion yuan in 2024, with a year-on-year growth of 37.06% [2]. Industry Overview - Tires are essential consumables that contact the road surface, widely used in various fields including transportation and engineering machinery. Tires can be categorized into highway tires and off-the-road (OTR) tires, with OTR tires primarily used in large farms, open-pit and underground mines, ports, and construction [4]. - Engineering tires are composed of several parts, including tread, buffer layer, fabric layer, bead, carcass, and airtight layer, and are designed for high durability and low heat generation [5]. Market Demand - The demand for all-steel giant engineering radial tires is driven by the growth of the mining industry and ongoing infrastructure construction in China, including highways, railways, and bridges. This has led to increased demand for construction machinery such as loaders, bulldozers, and cranes [2]. Business Model - The procurement of all-steel giant engineering radial tires involves sourcing raw materials like natural rubber, synthetic rubber, steel wire, carbon black, and chemical additives, with a robust supplier management system in place [8]. - The production model is highly customized, following a "sales-driven production" approach, where annual sales plans are developed based on customer orders [9]. - The sales model primarily involves direct sales to well-known mining companies, machinery manufacturers, and tire traders, with technical personnel providing on-site assessments to recommend suitable tires [10]. Industry Policies - The tire industry, including all-steel giant engineering radial tires, is overseen by several government departments, including the National Development and Reform Commission and the Ministry of Industry and Information Technology, which are responsible for industry planning and policy formulation [12]. - Recent policies have emphasized the development of the tire industry, providing a favorable environment for growth through various supportive measures [13]. Development History - The exploration of all-steel radial tires in China began in the 1960s, with significant advancements occurring after the exemption of consumption tax in 2000. The industry has seen rapid development and capacity expansion in recent years due to increased demand from mining and infrastructure sectors [15]. Industry Barriers - The industry faces high technical barriers due to the complexity of developing tires that can withstand harsh working conditions and heavy loads, requiring significant time and investment in R&D [17][18]. - Market barriers exist as new entrants struggle to gain acceptance from mining companies, which prioritize safety and efficiency, making it difficult for newcomers to test their products in real-world conditions [19]. - Financial barriers are significant, as the industry requires substantial capital investment for production facilities and equipment, making it challenging for new companies to enter the market [20]. Industry Chain - The upstream of the all-steel giant engineering radial tire industry includes suppliers of raw materials and production equipment, with rubber being the most significant cost component. The midstream involves R&D and production, while the downstream includes applications in mining and construction machinery [21].