OTR sector worth more than $100 million to China’s retreading industry

1st August 2014 | 0 Comments
 

In its report, China Tire Retreading Industry – Overview and Forecast to 2017, Shanghai-based China Research and Intelligence states that China’s retreading market increased by more than ten per cent year-on-year to reach a volume of 18 million tyres in 2012. This volume represented a market scale in excess of RMB 6 billion (£575 million, $972 million). Most retreading is carried out by smaller operations, added China Research and Intelligence; of the 500 or so retreaders in China, in 2012 only 20 had an annual production of more than 100,000 units.

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Category: International News, Retreading

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