AdaPerkin - China Automobile Expert-CNAUTO

Everything in the automotive industry seems to be getting bigger these days, even the wheels. Starting in 2020 Since 2000, including cars and SUVs In passenger vehicles, tires with diameters of 18 to 22 and widths of 245/255 mm wide have achieved double-digit growth, while the share of smaller tires is rapidly declining. The share of 12-inch wheels declines from 6.3% in 2020 to 1.2% in 2023, while the share of 17-inch wheels rises from 9.5% to 12.7%. The percentage of 18-inch wheels increases from 1.3 percent to 6.5 percent over the same period, according to Jato Dynamics. One of the factors influencing this change is the body types of currently popular vehicles. SUVs and MPVs now account for 55% of the passenger car market Additionally, there has been a surge in demand for wider tires (for better performance and ground clearance) on these vehicles. SUVs account for only 29% of the passenger car market from 2018 to 2019. Experts say that the requirements of the automotive indu...

Vehicles

Tyre

Auto Spareparts

Material

Const machinery & Agro equipment

Demand for bigger cars accelerates sales of wider tyres