轮胎细分蓝海市场
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北交所策略专题报告:国内轮胎市场规模持续壮大,关注高盈利的细分蓝海市场
KAIYUAN SECURITIES· 2025-12-14 09:44
Group 1 - The domestic tire market in China is continuously expanding, with a projected tire production of 1.187 billion units in 2024, representing a year-on-year growth of 1.46%, marking a historical high [11][24] - The automotive tire market for original equipment manufacturers (OEMs) in China is expected to reach a scale of 77.57 billion yuan in 2024, driven by the growth in automotive production and sales [16][17] - The aftermarket for automotive tires in China is projected to reach 109.876 billion yuan in 2024, supported by the increasing vehicle ownership, which is estimated to be 353 million vehicles by the end of 2024 [17][22] Group 2 - The global off-the-road (OTR) tire market, which is a significant segment of the tire industry, had a market size of 26.6 billion USD in 2022 and is expected to grow to 40 billion USD by 2028, with a compound annual growth rate (CAGR) of 7.5% [20][23] - The demand for OTR tires is driven by increased spending on mining exploration and construction investments, indicating a robust growth trajectory in this niche market [20][21] Group 3 - The chemical new materials sector in the North Exchange has shown a weekly increase of 4.24%, with the metal new materials segment performing exceptionally well, achieving a weekly growth of 35.71% [30][34] - Notable individual stocks in the chemical new materials sector include Tianli Composite, which surged by 117.21%, and other companies like Tiangong Co. and Kolon New Materials, which also experienced significant gains [34][37] Group 4 - The company Taike Ying focuses on the global mining and construction tire market, specializing in the design, research and development, sales, and service of mining and construction tires [24] - Taike Ying has established a strong customer base, including renowned mining companies and equipment manufacturers, and has been recognized by major international mining firms [24]