In 2009, the global tire market may shrink by about 5%, and it is expected that there will be no improvement until 2011. In 2009, the demand for automobile tires in the global market is expected to decline from 1.3 billion in 2008 to 1.24 billion. In 2010, the demand for automobile tires may recover slightly. Truck tires are expected to decline by 3.7% in 2009, from 162 million in 2008 to 156 million, or to 159 million by 2010. In 2008, the global demand for radial trucks increased by 0.2%, but it is expected to decline by 4.2% in 2009 and will rebound by 7.9% by 2010. In terms of passenger car radial tires, due to the economic recession will further deepen, the market demand in 2008 fell by 0.2%, in 2009 and 2010 will be further reduced by 5.2% and 0.2%, will be improved by 2011. Because the North American and Western European markets were hit by the global economic recession, the decline in demand for the tire market increased, and the global market was even larger. In addition, the domestic markets of China and India are expected to grow, so this will offset the decline in market demand in developed countries. In recent years, the astonishing growth rate of the Chinese tire industry has formed an export pattern of nearly 40%. China Rubber Industry Association Tire Branch statistics on 34 domestically owned tire companies. In 2008, 45 key tire companies produced 238 million tires, an increase of 0.3% year-on-year; sales revenue was 131.5 billion yuan, an increase of 14.1%. Among them, the output of radial tires was 190 million, an increase of 7.8% over the same period of last year; the radialization rate was 79.9%, an increase of 5.6 percentage points. The total production of radial tires for 62 radial tire production enterprises nationwide was 263 million, an increase of 10.6%. In 2008, the national tire production was 350 million, and the radialization rate was 75.2%, an increase of about 5 percentage points. Puyang Shangyi Decoration Material Co., Ltd. , https://www.shangyiwallpanel.com