Tires are an integral part of the vehicle, defining its movement, speed, and comfort. The tire directly affects the performance of the vehicle, regardless of its type and size. Tires are used in cars, buses, trucks, heavy equipment, planes, and other transportation means. The quality of tires will also have a major influence on the safety of the passengers. This is why it is necessary to choose tires from reputable brands. Here is a list of the top 20 tire providers as per their revenues.
- 1. Giti
Headquartered in Singapore, Giti Tire started tire manufacturing in 1951. The company has eight manufacturing units worldwide and a distribution market of over 130 countries. The company’s brands include Primewell, GT Radial, Giti, Dextero and Runway.
The Japan-based company established in 1931 is currently the world’s largest tire company. As of August 2018, Bridgestone had maintained its first position for 10 years. Bridgestone also owns the Firestone, a large American tire company.
Michelin, the France-based company has been providing tires since 1889. They own many renowned brands across the world like Uniroyal, BFGoodrich, Kormoran, Tigar, Riken, and Kleber.
The all-American tire company, Goodyear has been operating since 1898. Kelly Springfield and Dunlop are two popular brands owned by Goodyear. The company has about 48 facilities across 21 countries and about 1,100 service spots.
Continental, the German tire manufacturing company is renowned not only for its tires but for its auto parts too. Since 1871, the company has been manufacturing tires and auto parts for trucks, passenger cars, commercial vehicles, motorbikes and bicycles too.
Sumitomo Rubber Industries is a Japan-based rubber and tire company. A part of the Sumitomo Group, it was established in 1909. The company manufactures tires for passenger vehicles, SUVs and light trucks.
The Italian tire enterprise, Pirelli has been operative since 1872. The company is a large producer of racing tires and has been sponsoring competitions since 1907. Currently, the company is a subsidiary of the Chinese company ChemChina.
Hankook is a South Korean tire manufacturing company that is based in Seoul. The company has been manufacturing good quality tires for light trucks and automobiles since 1941. The company also has a headquarters in New Jersey in America.
Yokohama was established in Japan in 1917 as a joint establishment by Yokohama Cable Manufacturing and BFGoodrich. The company produces tires for passenger vehicles, high-performance applications, off-road and commercial applications. They also manufacture construction and mining equipment.
Maxxis was established in 1967 in Taiwan. The company is a subsidiary of Cheng Shin and operates under both names. The company distributes tires to about 170 countries worldwide with operations in approximately 14 countries.
11. ZC Rubber (Hangzhou Zhongce)
Hangzhou Zhongce Rubber Co. Ltd. is the largest manufacturer of automotive tires in China. Established in 1958, the company manufactures tires for bicycles, motorcycles, trucks, cars, ATVs, tractors and other vehicles. Brands owned by the company include Goodride, Westlake and Chaoyang.
12. Toyo Tires
Toyo Tire and Rubber Co. Ltd. is a Japanese company that was established in 19475. The company manufactures tires and anti-vibration rubber for automobiles, along with seat cushions. The brands owned by the company are Nitto, Toyo, and Silverstone.
13. Cooper Tires
Cooper Tires is the second all-American company that was established in 1914. The tire giant owns more than 60 facilities including subsidiaries worldwide, spread over three continents. The company manufactures tires for trucks – both medium and light, automobiles, racing, and others.
14. Kumho Tire
Formerly known as Samyang Tire, Kumho Tire Co. Inc. is a South Korea based tire company. Founded in 1960, the company is known as ‘Kumho Tyre’ in the European Union. The company has manufacturing plants in South Korea, China, and Vietnam. It operates under brands Marshal and Kumho.
MRF or Madras Rubber Foundation is India’s no. 1 tire manufacturing company. The company was founded in 1946 but started manufacturing tires only in 1952. MRF is globally trusted due to its unique combination of toughness and comfort.
Apollo is an Indian tire manufacturer that was founded in 1972. The company is renowned for manufacturing quality tires at prices much affordable than its competitors. Apollo currently has four plants in India and one in the Netherlands.
17. Linglong Tyres
Shandong Linglong Tire Co. is a China-based tire manufacturing company that was established in 1975. The company manufactures tires for light trucks, buses, and passenger cars.
18. Sailun Tires
Sailun Tires is a Chinese tire manufacturing company that was established in 2002. The company has two manufacturing facilities and distributes tires to more than 50 countries.
19. Double Coin (Huayi)
Double Coin is a Chinese tire manufacturing company headquartered in Shanghai. Owned by Shanghai Huayi, the company produces radial tires for trucks.
20. Nokian Tyres
Headquartered in Nokia, Finland; Nokian Tyres Oyj was established in 1932. Renowned for its winter tires, the company produces all kinds of tires for cars, buses, trucks and heavy-duty equipment.