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China's Tire Sales Rise: Many Small Businesses in the Tire Industry Shut Down and Obsolete Production Capacity

Environmental inspections have intensified, and tire companies in many places have been shut down, resulting in a reduction in tire production capacity:


According to statistics from www.tireworld.com.cn, from 2018 to May 2019, Chinese tyre companies eliminated about 39 million outdated production capacity;


In 2019, the safety accidents such as the explosion of the "3·21" Xiangshui Chemical Park in Yancheng, Jiangsu further stimulated the safety rectification of the chemical industry. After the Xiangshui incident, a new round of investigation of hidden safety hazards was launched across the country. From April to May 2019, cities around the world announced a batch of chemical companies to be shut down, and then gradually shut down a number of tire companies.


In 2020, environmental protection inspectors are continuing, and backward production capacity continues to be shut down.


Backward production capacity


Time201820192020
Company Names
Ogreen Group Co., Ltd.Guangzong County Zhengyu Children's Bicycle Tire Co., Ltd.Shandong Jinshan Auto Parts Co., Ltd.
Shandong Ogreen Tire Co., Ltd.
Qingdao Weichi Tire Co., Ltd.
Beijing Jinyuntong Large Tire Retreading Co., Ltd.
Shandong Aosai Tire Co., Ltd.Qingdao Sanzheng Rubber Products Co., Ltd.Zhejiang Fulun Rubber Chemical Group
Shandong Detong Wheel Co., Ltd.Shanghai Shenye Tire Co., Ltd.Guangzhou Weilu Tire Co., Ltd.
Shandong Yongtai Group Co., Ltd.Changde Xunchi Tire Manufacturing Co., Ltd.Shandong Wanbang Rubber Co., Ltd.
Total Number
3610571
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