Industrial tires are specialized tires designed for industrial applications. Structurally, they can be categorized into pneumatic tires, semi-solid tires, and solid tires. Widely used in logistics warehousing, port machinery, mining, and construction sites, they feature high load-bearing capacity, puncture resistance, and wear resistance, meeting the demands of high-intensity, high-load work.

1. Market Landscape:

Overcapacity and Industry Reshuffling: China's tire industry capacity has exceeded 1.2 billion tires, but the capacity utilization rate is less than 70%, with severe overcapacity in the low-end segment. A reshuffling of the industry is expected in 2026, with 30% of small and medium-sized enterprises (SMEs) potentially exiting the market due to outdated technology and tight cash flow. Leading companies are accelerating their transformation towards high-end and green technologies through economies of scale and technological accumulation, while SMEs are trapped in low-price competition and struggle to break through.

International Brands vs. Domestic Competition: International brands hold a 30% share of the high-end market, while domestic brands account for 70% of the mid-to-low-end market. Domestic companies are seizing market share through their cost-effectiveness.

2. Development Trends:

Popularization of Intelligent Manufacturing: 5G digital factories are improving the production efficiency of all-steel tires and reducing production costs.

Green technology application: The proportion of environmentally friendly solid tires is expected to increase to 35%, driving the development of green manufacturing technologies.

Accelerated electrification trend: Some companies have launched electric drive series of industrial vehicle tires, meeting market demand for new energy equipment.