South Korean tire industry and domestic producers have been one of the best success stories in the global tire industry.However,declining demand in the domestic and export markets in last two years have dented the performance of South Korean tire producers to some extent.Dominated by three domestic tire producers-Hankook,Kumho and Nexen-the South Korean tire industry has achieved very steady growth rates in the last two decades.Riding on the country's automotive industry,South Korean tire producers have become one of the most recognized names in the global tire industry in recent years.In addition to these three producers,two smaller producers-Shin Hun Company Limited(two wheelers and bicycle tires)and Tiron Hung A Company Limited(OTR tires and two-wheeler tires)-are the other notable tire producers in the country.
展开▼
