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It's Time for Agricultural Tyres with a Market Value of 57.5 Billion to Rise!

Category: Industry trends Author: Source: Release time: 2021-11-30

The development of the agricultural tyre industry relies on agriculture and agricultural machinery. The agricultural development in developed regions such as Europe, America, and Australia has completed the transformation from traditional decentralized operations to mechanized, intensive, and large-scale modern agriculture.

 

Benefiting from the developed agricultural machinery industry, developed agricultural regions such as Europe, America, and Australia have always had a stable market demand for agricultural tyres.

 

Although China is a big country in agricultural production, agricultural mechanization still needs further development.

 

According to data from the Ministry of Agriculture and Rural Affairs, the comprehensive mechanization rate of agriculture in 2019 was 69%, and that in developed countries was generally above 90%, among which the United States, Japan, and South Korea reached more than 99%.

 

It is expected that more and more tire companies will enter the field of agricultural tyre production.

 

1. The development of agricultural tyres is promising

 

At present, China Tire has a complete industrial chain, efficient and stable social governance, and a broad and open consumer market. The technology, production capacity, and international status of China's agricultural tyres have been continuously improved, and the industrial chain has gradually shifted to Asia.

 

In India, many large tire companies are targeting the markets of developed countries in Europe and the United States. In recent years, these companies have taken the lead in the development, production, and sales of agricultural radial tire products, and gradually occupy an important position in the global market with a better price-performance ratio, and are far ahead of China.

 

China's agricultural radial tire industry has also entered a stage of rapid growth, and several tire companies' serialized products have also entered the international market in batches. Aulice has quality agricultural tyres for sale, if you are in need of agricultural tires, contact us at any time.

 

2. There is plenty of room and driving force for developing agricultural tyres

 

At present, radial tires are the mainstream products in the agricultural tyre industry in the world.

 

Radial tires are now used in tractors in many European countries, and the utilization rate has reached more than 90%. The annual sales volume of tractors in the UK is about 14,000 units, and Italy is about 20,000 units. While there are about 230,000 agricultural tyres in China, the meridian rate of tractor tires is only about 1%, which shows how huge the potential of the Chinese market is.

 

On the whole, China's agricultural radial tire industry still has a lot of space and thrust. It is believed that more and more tire manufacturers will enter the field of agricultural radial tire production in the future.

 

3. What is the bottleneck of agricultural tyres?

 

First of all, the intensive operation of China's agricultural production is still in the development period, and the understanding of the advantages of radial tires by agricultural machinery OEMs and terminal farmers needs to be improved.

 

Secondly, China's agricultural machinery products are low in price. If the price of tires as a supporting product is high, it is difficult for agricultural machinery manufacturers and users to accept it.

 

Third, the development of agricultural radial tires requires large investments such as R&D investment and equipment introduction. However, agricultural radial tires have the characteristics of multi-variety and small-batch production, and tire companies are worried that the payback period will be relatively long.

 

4. What are the challenges for agricultural tyres?

 

Currently, the United Kingdom has proposed the "British Industry 2050 Strategy", Germany has started the "Industry 4.0 Strategic Plan", and China has initiated the "Made in China 2025". Under this general trend, the entire tire industry, including agricultural tyres, is ushering in a major transformation of intelligence, automation, and information.

 

Now many agricultural tyre suppliers have established a green manufacturing system with green standards, green factories, green products, and green factories as the core.

 

The entire tire industry is taking the industrialization of green tires as an opportunity to comprehensively promote the pace of industrial energy saving, environmental protection, and clean production. At the same time, manufacturers are guiding the industry to promote green production and green products, improve the level of scientific development of the industry, and achieve industrial upgrading.

Hubei Aulice Tyre Co., Ltd Copyright Website constructionIntwho
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