2009 Global Tire Company Rankings
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Updated August 2009
(Figures in millions of dollars, translated at average annual currency exchange rates)
]| 2008 | 2007 | |||||||
|---|---|---|---|---|---|---|---|---|
| 2008Rank | 2007Rank | Company/Hdq | TireSales $ | % of totalcorp. sales | TireSales $ | % of totalcorp. sales | ||
| 1 | 2 | Bridgestone Corp.#1Tokyo, Japan | *23,435.00 | *75.0% | *21,500.00 | *75.0% | ||
| 2 | 1 | Group Michelin#Clermont-Ferrand, France | *22,820.00 | *95.0% | 21,750.00 | 94.00% | ||
| 3 | 3 | Goodyear Tire & Rubber Co.#2Akron, Ohio | 18,525.00 | *95.0% | *18,900.00 | *95.0% | ||
| 4 | 4 | Continental A.G.#3Hanover, Germany | *8,100.00 | *22.8% | *7,500.00 | *34.4% | ||
| 5 | 5 | Pirelli & C. S.p.A.#Milan, Italy | 6,003.20 | 88.20% | 5,693.20 | 79.90% | ||
| 6 | 6 | Sumitomo Rubber Industries Ltd.#2Kobe, Japan | 4,843.90 | 82.90% | 4,061.80 | 86.00% | ||
| 7 | 7 | Yokohama Rubber Co. Ltd.^Tokyo, Japan | 3,976.60 | 77.30% | 3,671.80 | 76.10% | ||
| 8 | 8 | Hankook Tire Co. Ltd.Seoul, South Korea | 3,686.50 | 91.10% | 3,465.80 | 90.30% | ||
| 9 | 9 | Cooper Tire & Rubber Co.Findlay, Ohio | 2,881.80 | 100.00% | 2,932.60 | 100.00% | ||
| 10 | 10 | Kumho Tire Co. Inc.Seoul, South Korea | 2,593.30 | 99.20% | 2,603.70 | 99.30% | ||
| 11 | 12 | Maxxis International/Cheng Shin RubberYuanlin, Taiwan | 2,541.50 | 100.00% | 2,120.60 | 99.10% | ||
| 12 | 11 | Toyo Tire & Rubber Co. Ltd.^Osaka, Japan | 2,410.00 | 73.70% | 2,208.40 | 70.70% | ||
| 13 | 15 | Hangzhou Zhongce Rubber Co. Ltd.Hangzhou, China | 2,126.40 | 99.80% | 1,295.20 | 84.60% | ||
| 14 | 13 | GITI Tire Co. Ltd.4Singapore | 1,931.30 | 100.00% | 1,792.20 | 100.00% | ||
| 15 | 14 | Triangle Group Co. Ltd.Shandong, China | 1,767.20 | 100.00% | 1,300.00 | 100.00% | ||
| 16 | 19 | Shandong Linglong Rubber Co. Ltd.Shandong, China | 1,466.80 | 100.00% | 1,115.90 | 100.00% | ||
| 17 | 16 | Nokian Tyres P.L.C.#1Nokia, Finland | *1,424.30 | *90.0% | *1,260.0T | *90.0% | ||
| 18 | 18 | MRF Ltd.^Chennai, India | 1,376.30 | 98.50% | 1,149.80 | 97.10% | ||
| 19 | 20 | Double Coin Holdings Ltd.Shanghai, China | 1,156.00 | 99.00% | 1,014.90 | 100.00% | ||
| 20 | 17 | Apollo Tyres Ltd.^5Kerala, India | 1,072.50 | 100.00% | 1,164.40 | 100.00% | ||
| 21 | 21 | Sibur-Russkie Shiny6Moscow, Russia | 1,029.20 | 93.30% | 1,003.90 | 92.70% | ||
| 22 | 23 | JK Tyre & Industries Ltd.^7New Delhi, India | 1,011.40 | 100.00% | 780 | 100.00% | ||
| 23 | 31 | Qingdao Doublestar Industrial Co. Ltd.Qingdao, China | 939.40 | 100.00% | 565 | 100.00% | ||
| 24 | 25 | Nexen Tire Corp.Seoul, South Korea | 877.30 | 95.60% | 725.30 | 95.80% | ||
| 25 | 24 | Aeolus Tyre Co. Ltd.Jiaozuo, China | 875.80 | 100.00% | 779.70 | 98.70% | ||
| 26 | 44 | NizhnekamskshinaNizhnekamsk, Russia | 852.80 | 100.00% | 880.2T | 100.00% | ||
| 27 | 22 | Amtel-Vredestein N.V.8Moscow, Russia | 846.00 | 92.30% | 879 | 88.00% | ||
| 28 | 27 | P.T. Gajah Tunggal4Jakarta, Indonesia | 705.30 | 85.80% | 625.20 | 85.80% | ||
| 29 | 26 | JSC Belshina Belarus Tyre WorksBobruisk, Belarus | N.A. | – | 700 | 100.00% | ||
| 30 | 32 | Titan International Inc.Quincy, Illinois | *685.00 | *66.7% | *550.00 | *66.0% | ||
| 31 | 33 | Guizhou Tyre Co. Ltd.Guizhou, China | 617.40 | 100.00% | 524.40 | 100.00% | ||
| 32 | 28 | Kenda Rubber Industrial Co. Ltd.Yuanlin, Taiwan | 616.10 | 90.20% | 591.90 | 98.00% | ||
| 33 | N.R. | Xingyuan Tyre Co. Ltd.Dongying City, China | 615.40 | 100.00% | N.A. | – | ||
| 34 | 30 | BRISA/Bridgestone-Sabanci Tire Mfg.1Izmit,Turkey | 591.30 | 100.00% | 571.20 | 99.80% | ||
| 35 | N.R. | Shandong Shengtai Tyre Co. Ltd.Guangrao County, China | 588.80 | 100.00% | N.A. | – | ||
| 36 | 34 | GPX International Tire Corp.Malden, Massachusetts | 553.00 | 100.00% | 480 | 100.00% | ||
| 37 | 29 | Ceat Ltd.^Mumbai, India | 540.90 | 100.00% | 578 | 100.00% | ||
| 38 | N.R. | Shandong Luhe Tyre Co. Ltd.Zhucheng City, China | 530.40 | 100.00% | N.A. | – | ||
| 39 | 36 | Mitas A.S.Prague, Czech Republic | 483.70 | 72.00% | 382.30 | 71.00% | ||
| 40 | 35 | Trelleborg Wheel Systems S.p.A.Tivoli, Italy | *435.00 | *9.2% | *385.00 | 8.40% | ||
| 41 | N.R. | Shandong Wanda Tyre Co. Ltd.Shandong, China | 431.80 | 100.00% | N.A. | – | ||
| 42 | 39 | Birla Tyres Ltd.Orissa, India | 419.00 | 100.00% | 344.80 | 100.00% | ||
| 43 | 38 | South China Tire & Rubber Co. Ltd.Guangzhou City, China | 391.80 | 100.00% | N.A. | – | ||
| 44 | 37 | Carlisle Tire & Wheel Co.Aiken, South Carolina | 382.00 | 12.90% | 382 | 13.30% | ||
| 45 | N.R. | Shandong Jinyu Tyre Co. Ltd.Dongying City, China | 326.50 | 100.00% | N.A. | – | ||
| 46 | 40 | Nankang Rubber Tire Corp. Ltd.Taipei, Taiwan | 304.20 | 100.00% | 282.60 | 100.00% | ||
| 47 | 41 | Loadstar (Pvt.) Ltd.Colombo, Sri Lanka | *300.00 | 100.00% | N.A. | – | ||
| 48 | 46 | Balkrishna Industries Ltd.Maharashtra, India | 278.00 | 100.00% | 220 | 100.00% | ||
| 49 | 43 | Federal Corp.Tao Yuan, Taiwan | 265.70 | 100.00% | 261.10 | 99.50% | ||
| 50 | 56 | Barez Tire Group9Tehran, Iran | 253.60 | 96.80% | 206 | 99.40% | ||
| 51 | 47 | Hwa Fong Rubber Ind. Co. Ltd.Taipei, Taiwan | 248.10 | 100.00% | 226.30 | 100.00% | ||
| 52 | 48 | FATE S.A.I.C.I.San Fernando, Argentina | 236.30 | 98.00% | 224.80 | 98.00% | ||
| 53 | 50 | Alliance Tire Co. Ltd.Hadera, Israel | 226.30 | 100.00% | 196.40 | 100.00% | ||
| 54 | N.R. | Sailun Co. Ltd.Qingdao, China | 220.40 | 81.80% | 137.30 | 89.30% | ||
| 55 | 42 | Marangoni S.p.A.Verona, Italy | 192.80 | 38.70% | 190.5T | 39.30% | ||
| 56 | N.R. | Xuzhou Xugong Tyre Co. Ltd.10Xuzhou, Jiangsu, China | 185.20 | 100.00% | N.A. | – | ||
| 57 | 63 | Silverstone Corp. Bhd.^Kuala Lumpur, Malaysia | *154.00 | 100.00% | 99.30 | 98.90% | ||
| 58 | 49 | Qingdao Yellow Sea Rubber Co. Ltd.Qingdao, China | 152.10 | 100.00% | N.A. | 100.00% | ||
| 59 | 53 | Petlas Tyre Industry & Trade Co.Ankara, Turkey | 148.80 | 100.00% | N.A. | – | ||
| 60 | 64 | P.T. Multistrada Arah Sarana TBKCikarang, Indonesia | 137.70 | 100.00% | 98.30 | 100.00% | ||
| 61 | 58 | Sichuan Haida Tyre Group Co. Ltd.Haida/Sichuan, China | 134.30 | 100.00% | 120.70 | 100.00% | ||
| 62 | 55 | TVS Srichakra Ltd.^Chennai, India | 124.00 | 100.00% | 129 | 100.00% | ||
| 63 | 59 | Casumina (Southern Rubber Industry Co.)Ho Chi Minh City, Vietnam | 122.00 | 96.10% | 114.50 | 95.20% | ||
| 64 | 57 | J.S.C. DneproshinaDnepropetrovsk, Ukraine | N.A. | – | N.A. | – | ||
| 65 | 60 | Vee Rubber Ltd.Bangkok, Thailand | N.A. | – | 113.40 | 83.00% | ||
| 66 | 61 | Dena Tire & Rubber Mfg. Co. Ltd.Tehran, Iran | N.A. | – | 113 | 91.90% | ||
| 67 | 62 | Falcon Tyres Ltd.^Mysore, India | 110.30 | 100.00% | 111.60 | 100.00% | ||
| 68 | 66 | Cia. Ecuatoriana del Caucho S.A.3Cuenca, Ecuador | *110.00 | 100.00% | 93.50 | 100.00% | ||
| 69 | 65 | Tianjin United Tire & Rubber Co. (TUTRIC)Tianjin, China | 103.00 | 100.00% | 95 | 100.00% | ||
| 70 | 69 | Metro Tyres Ltd.Ludhiana, India | 98.00 | 100.00% | *84.00 | *95.0% | ||
| 71 | 68 | J.S.C. Matador-OmskshinaOmsk, Russia | 89.50 | 100.00% | 84.40 | 100.00% | ||
| 72 | 67 | Guangzhou Pearl River Rubber Tyre Ltd.Guangzhou, China | N.A. | – | 84.40 | 100.00% | ||
| 73 | 70 | Denman Tire Corp.Leavittsburg, Ohio | *75.00 | 100.00% | 80 | 100.00% | ||
| 74 | N.R. | Inoue Rubber (Thailand) Public Co. Ltd.Pathumthumthani, Thailand | 74.90 | 43.80% | 57.60 | 38.40% | ||
| 75 | 73 | General Tyre & Rubber Co. of Pakistan Ltd.^Karachi, Pakistan | 70.50 | 100.00% | 65.60 | 100.00% | ||
| Subtotal (rounded) | 135,000.00 | 125,000.00 | ||||||
| Others11 | *5,000.00 | *3,500.0T | ||||||
| TOTAL | *140,000.00 | *128,500.0T | ||||||
^ = fiscal year ends other than Dec. 31
N.R. = not ranked
N.A. = not available
N.M. = not meaningful
T = revised from previous report
* = estimated
1 Bridgestone owns 16% of Nokian Tyres P.L.C. (#17 on this year's ranking) and 43% of BRISA Bridgestone (#34).
2 Goodyear and Sumitomo operate 75/25 joint ventures in North America and western Europe, incorporating Sumitomo's Dunlop tire activities in those regions. 3 Continental acquired majority ownership of Cia. Ecuatoriana del Caucho (#68) in July 2009
4 GITI owns 27.9% of P.T. Gajah Tunggal (#28)
5 Apollo bought Vredestein Banden N.V. ($450m in annual sales) in May 2009 from Amtel-Vredestein N.V.
6 Incorporates Omsk Tyre, Yaroslavl Tyre, Voltyre & Ural Tyres, all previously listed separately
7 JK Tyre acquired Mexico's Hulera Tornel in May 2008
8 Amtel comprises sales previously reported as Voronezhshina, Kirov Tyre, Krasnoyarsk Tire and Rosava; Amtel filed bankruptcy in April 2009; sold Vredestein Banden N.V.($450m sales) in May 2009 to India's Apollo Tyres Ltd.
9 Formerly Kerman Tire & Rubber Co.
10 Formerly Jiangsu Tyres Plant
11 'Others' represents as many as 100 other companies. The next largest are: Beijing Souchang Tyres Co. Ltd.; Shandong Zhongce Tyre Co. Ltd., China; Double Happiness Tyre Industries Corp. Ltd., China; Ralson (India) Ltd., India; Societe Tuniesienne des Pneumatiques, Tunisia; Chaoyang Long March Tyres, China; Specialty Tires of America Inc., U.S.; Artawheel Tyre Co., Iran; Dunlop Aircraft Tyres Ltd., England; Govind Rubber Ltd., India; Monotana Tyres Ltd., India.
Do you have an opinion about this story? Do you have some thoughts you'd like to share with our readers? Tire Business would love to hear from you. Email your letter to Editor Don Detore at [email protected].