China's rapid economic development of the global demand for industrial rubber tire rapid growth

China's rapid economic development on a global scale, not only oil and rising demand for steel, rubber tire industry's demand for the rapid growth of international large-scale industrial tire factory than supply nervous Rubber tires. Industrial rubber tire production time is usually 3 months, but orders for 3 months before the beginning of production, machinery manufacturers to 6 months before they could be needed to tire. In addition, industrial rubber tire prices have been rising 15-20 percent. As a result of rising prices of raw materials, machinery has raised the prices of its 3-4 percent, machinery manufacturers can no longer tire pressure on prices passed on to customers. Some machinery companies are now studying the need to provide tires. As the industrial production of rubber tires is limited, some of the industrial machinery, particularly construction machinery, raw materials machinery, agricultural machinery, garden materials, machinery and transport machinery suppliers are affected. German construction machinery this year, more than double-digit export growth, but the tire shortage in the supply of serious constraints on its export business. Out of frustration, some companies only when the supply machinery, rubber tires do not provide. Goodyear Tire Company announced the end of this year to its quarrying machinery of tire rubber goods no longer available. Volvo's industrial machinery, lack of delivery of rubber tires, had no choice but to use wood instead of tires. Customer delivery and then to separate large-scale traders to buy tire rubber tires. Zero tires purchase price than random to provide a high price, some even higher than half the price.
"Europe tire communication" magazine published by global tire report shows that in 2004 the global tire market turnover amounted to 75,000,000,000 euros. Among them, accounting for 56% of car tires, truck tires accounted for 30% of the tire industry and other types of tires 7% each. In the Bridgestone (Brigestone), led by tire manufacturers in the past 12 months has invested nearly 50 billion U.S. dollars in investment over the previous 12 months to double. Most of the funds into Asian countries, mainly on China.