**Industry Sales:**
- **Automotive Industry:** 85%
- **Aftermarket:** 10%
- **Industrial Applications:** 5%

**TOP 3 Markets:**
- **South Korea:** 30%
- **USA:** 25%
- **Europe:** 20%

Nexen Tire Corporation generates the majority of its sales from the automotive industry, with a focus on manufacturing tires for passenger cars and commercial vehicles. The aftermarket and industrial applications complement the revenue portfolio.

Geographically, South Korea is the largest market for Nexen Tire, followed by the USA and Europe. These markets are crucial for the company as they offer both high demand and growth potential.

**Production sites of Nexen Tire Corporation:**

1. **South Korea:** Main production facilities are located in Yangsan and Changnyeong.
2. **China:** Production site in Qingdao.
3. **Czech Republic:** Plant in Zatec.

Nexen Tire Corporation operates several production sites worldwide to streamline its tire production and meet demand in various markets. The facilities in South Korea are traditionally the main locations, while the plant in the Czech Republic is strategically positioned to better serve the European market. The production site in China enables the company to supply the Asian market quickly and cost-effectively.

**Revenue Growth:** Estimated 5-7% annually (2026 forecast)

**Investment in Research and Development:** Over 5% of revenue (2025)

Nexen Tire Corporation pursues a growth strategy that heavily relies on innovation and technological development. The company continuously invests in research and development to expand its product range and enhance the efficiency of its production processes. This includes particularly the development of environmentally friendly and energy-efficient tires that align with current market trends and regulatory requirements.

Another key element of the growth strategy is geographical expansion. Nexen Tire plans to strengthen its presence in key markets such as North America and Europe. This is intended to be achieved through expanding existing distribution networks and forming strategic partnerships.

Additionally, the company focuses on digitizing its business processes and utilizing data analytics to enhance customer engagement and offer tailored solutions. These measures are intended to help Nexen Tire establish itself in a competitive market environment and ensure sustainable profitable growth in the long term.

**Main raw materials:** Natural rubber, synthetic rubber, carbon black, steel cord, chemicals

**Main importing countries:**
- **Natural rubber:** Thailand, Indonesia, Malaysia
- **Synthetic rubber and chemicals:** China, Japan, USA
- **Carbon black:** India, China
- **Steel cord:** South Korea, China, Japan

Nexen Tire Corporation imports a variety of raw materials essential for tire manufacturing. Natural rubber is mainly imported from Southeast Asia, as this region is one of the largest producers worldwide. Synthetic rubber and various chemicals come from technologically advanced countries such as China, Japan, and the USA, which have the necessary industrial infrastructure.

Carbon black, an important filler in tire production, is sourced from India and China, while steel cord, used for reinforcing the tire structure, is imported both locally from South Korea and from neighboring countries China and Japan. These imports enable Nexen Tire to produce high-quality products and remain competitive in the global market.

**Market share:** 3.5% (estimated 2026)
**EBITDA margin:** 12.1% (2025)
**R&D expenses:** 5% of revenue (2025)

Nexen Tire Corporation has a moderate competitive advantage in the global tire market. The market share of approximately 3.5% indicates that the company holds a significant but not dominant position. The EBITDA margin of 12.1% in 2025 suggests a solid profitability that exceeds the industry average.

A key factor contributing to Nexen Tire's competitive advantage is the continuous investment in research and development, accounting for about 5% of revenue. These investments enable the company to develop innovative products and differentiate itself in a fiercely competitive market.

In addition, Nexen Tire benefits from a strong brand presence and a wide distribution network, increasing the barriers to entry for new competitors. Nevertheless, competition remains intense, especially from larger players such as Michelin and Bridgestone, which have greater resources and market shares.

**Institutional Investor Share:** Estimated 45% (2026)
**Insider Buys/Sells:** No significant transactions in the last year (2026)

The institutional investor share in Nexen Tire Corporation is estimated to be around 45%. This demonstrates the confidence of institutional investors in the company and its future development.

In 2026, there were no significant insider buys or sells, indicating that the management and other insiders are currently not making significant changes to their stake in the company. This can be seen as a sign of stability and confidence in the current corporate strategy.

**Market share of Nexen Tire Corporation:** Estimate: approx. 2-3% (2026)

**Top competitors and their market shares:**
1. **Bridgestone Corporation:** approx. 14%
2. **Michelin:** approx. 13%
3. **Goodyear Tire & Rubber Company:** approx. 10%
4. **Continental AG:** approx. 9%
5. **Pirelli & C. S.p.A.:** approx. 5%
6. **Sumitomo Rubber Industries, Ltd.:** approx. 4%
7. **Hankook Tire & Technology Co., Ltd.:** approx. 3%
8. **Nexen Tire Corporation:** approx. 2-3%
9. **Yokohama Rubber Company, Limited:** approx. 2%
10. **Toyo Tire Corporation:** approx. 1.5%

**Economic moat of Nexen Tire Corporation:**

Nexen Tire Corporation has a moderate economic moat, mainly supported by its innovation capabilities and strong presence in the mid-tier price segment. The company consistently invests in research and development to create new technologies and products that meet customer demands.

In comparison to major competitors like Bridgestone and Michelin, which have extensive global networks, strong brand recognition, and a wide range of products, Nexen's economic moat is less pronounced. These larger companies benefit from economies of scale and a stronger market presence, giving them a significant competitive advantage.

However, Nexen Tire can leverage its flexibility and focus on specific market segments, providing an advantage in certain niche markets. Nevertheless, competition in the tire industry remains fierce, and larger competitors tend to have stronger economic moats.

**Revenue Growth:** 8.2% (2025)
**EBITDA Margin:** 12.5% (2025)
**Market Share in Asia:** 15% (2025)

Nexen Tire Corporation recorded a revenue growth of 8.2% in 2025, attributed to successful expansion into Asian markets and increased demand for their products. The EBITDA margin of 12.5% demonstrates solid profitability and efficiency in the company's cost structure.

The 15% market share in Asia positions Nexen Tire well in one of the fastest-growing tire markets in the world. This market position could offer further growth potential in the future.

Additionally, the company is investing in research and development to develop innovative tire solutions that align with current trends in the automotive industry, such as environmentally friendly and energy-efficient tires. These strategic initiatives could lead to improved competitiveness and market positioning in the long term.

Overall, the current business figures and strategic initiatives indicate that Nexen Tire Corporation presents a solid investment opportunity, especially for investors interested in engaging in the automotive supplier industry.

**Dividend Yield:** 2.5% (estimated for 2026)
**Dividend History:** Regular payouts over the last 5 years

Nexen Tire Corporation has consistently distributed dividends in recent years, indicating a reliable dividend policy. The estimated dividend yield for 2026 is around 2.5%, based on past payout practices and current market conditions.

The company has maintained a steady dividend payment over the last five years, suggesting stable financial performance and a strategic focus on shareholder returns. Analysts expect Nexen Tire to continue its dividend policy unless significant market changes occur.