2009 Global Tire Company Rankings
(Figures in millions of dollars, translated at average annual currency exchange rates)]
| 2008 | 2007 | |||||||
|---|---|---|---|---|---|---|---|---|
| 2008 Rank | 2007 Rank | Company/Hdq | Tire Sales $ | % of total corp. sales | Tire Sales $ | % of total corp. sales | ||
| 1 | 2 | Bridgestone Corp.#1 Tokyo, 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.#2 Akron, Ohio |
18,525.00 | *95.0% | *18,900.00 | *95.0% | ||
| 4 | 4 | Continental A.G.#3 Hanover, 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.#2 Kobe, 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 Rubber Yuanlin, 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.4 Singapore |
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.#1 Nokia, 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.^5 Kerala, India |
1,072.50 | 100.00% | 1,164.40 | 100.00% | ||
| 21 | 21 | Sibur-Russkie Shiny6 Moscow, Russia |
1,029.20 | 93.30% | 1,003.90 | 92.70% | ||
| 22 | 23 | JK Tyre & Industries Ltd.^7 New 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 | Nizhnekamskshina Nizhnekamsk, Russia |
852.80 | 100.00% | 880.2T | 100.00% | ||
| 27 | 22 | Amtel-Vredestein N.V.8 Moscow, Russia |
846.00 | 92.30% | 879 | 88.00% | ||
| 28 | 27 | P.T. Gajah Tunggal4 Jakarta, Indonesia |
705.30 | 85.80% | 625.20 | 85.80% | ||
| 29 | 26 | JSC Belshina Belarus Tyre Works Bobruisk, 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.1 Izmit,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 Group9 Tehran, 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.10 Xuzhou, 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 TBK Cikarang, 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. Dneproshina Dnepropetrovsk, 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.3 Cuenca, 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-Omskshina Omsk, 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 | ||||||
# = non-tire revenue from company-owned retail operations excluded
^ = 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.
^ = 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.
