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三角轮胎:2023 年营收增 13% 工程胎前景佳
He Xun Wang· 2025-05-11 08:50
Core Insights - The global engineering tire market has reached a size of $11.8 billion in 2023, with promising future prospects driven by population growth, urbanization, and low-carbon planning initiatives [1] - The market for engineering radial tires is approximately $8 billion in 2023, expected to approach $10 billion by 2027, supported by demand from infrastructure projects and raw material extraction [1] - The engineering tire market is characterized by a diverse application landscape, with mining and construction sectors accounting for 36.38% of the market share [1] Industry Trends - The trend towards radialization is a key development direction in the industry, with advanced countries having completed the radialization of mainstream products, while China's overall radialization rate is improving but stands at 43.2% for engineering tires [1] - The market for engineering tires in China is still in its early stages, with a fragmented enterprise layout and a lack of brand recognition, despite the rapid growth in the mining and construction sectors [1] Company Performance - Triangle Tire is identified as a leader in technological innovation within China's tire industry, reporting revenue of 10.422 billion yuan in 2023, reflecting a year-on-year growth of 13.03% [1] - The report by Huajing Industry Research Institute provides a comprehensive analysis of the engineering tire industry's market capacity, operational environment, supply-demand dynamics, and competitive landscape, offering valuable insights for investment decisions [1]