Research Report on Top 50 of Global Tire Manufacturers, 2009-201022 Nov 2010 • by Natalie Aster
London - Detailed market research report “Research Report on Top 50 of Global Tire Manufacturers, 2009-2010” has been published by China Research and Intelligence.
Sumitomo Rubber Industries Ltd is engaged in the production of various tires, sporting goods, precise rubber products, environmental facilities, daily necessity, etc. In February1999, the company merged its tire business in Japan, Europe and America with Goodyear. After the merger, their market share in the global tire market exceeded 20%.
In 2008, net sales of Sumitomo Rubber Industries Ltd was JPY 604.974 billion, rising by 6.6% YOY. However, the net income of 2008 reduced by 94.8% YOY.
Research Report on Top 50 of Global Tire Manufacturers, 2009-2010
Published: September 2009
Price: US$ 3,110.00
Report Sample Abstract:
Sumitomo Rubber (Changshu) Co., Ltd is established by the investment of Sumitomo Rubber Industries Ltd (99%) and Hwa Fong Rubber (Singapore) Holding Pte Ltd. (1%) on June 21st, 2002. Now the investment adds up to USD 330 million. The company specializes in the production, domestic and foreign trade of DUNLOP automobile radial tires. It adopts the advanced technology, equipment and resources of Sumitomo Rubber Industries Ltd. The company came into production on April 9th, 2004. Daily productivity now reaches over 24,000. In 2007, it began to produce heavy truck and bus tires. A preliminary layout in Chinese market has been completed. The sales network covers various parts of China.
Operations of Sumitomo Rubbers, 2004-2008
Source: China Research and Intelligence
Sumitomo Rubber Industries Ltd aims to narrow the gap with large Chinese tire enterprises, expand market share, pay attention to environment protection and supply tires of up-to-date technology to consumers.
More information can be found in the report “Research Report on Top 50 of Global Tire Manufacturers, 2009-2010” by China Research and Intelligence.
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