Top 10 tyre Manufacturers in the world
When you’re driving, picking a tyre brand can be a big decision. There are so many tyre manufacturers out there, and it’s easy for one to get lost in the shuffle. That’s why we’ve compiled this list of 10 of the top tyre brands in the world. These are not ranked from top to bottom or vice-versa. These brands are;
- Bridgestone Corporation
- Michelin group
- Continental AG
- Pirelli & C. S.p.A.
- Yokohama Rubber Company Ltd.
- The Sumitomo Rubber Industries, Ltd.
- Hankook Tire Co., Ltd.
- Kumho Tire Co., Inc.
- BFGoodrich Tires, part of the Michelin group
1. Bridgestone Corporation
Bridgestone Corporation is a Japanese multinational tire manufacturing company headquartered in Tokyo, Japan. The company was founded in 1931 by Shojiro Ishibashi to produce mining machinery products. The name Bridgestone came from the idea of “unite” and stone from the concept of solidarity. In 1934, it was incorporated as a kabushiki gaisha (stock company).
In 2005 and 2014, Bridgestone became two major companies: Bridgestone Corporation (headquartered in Tokyo) and Bridgestone Americas Holding Incorporated (headquartered in Nashville). As of 2018, the company has a market capitalization of US$42 billion. The Bridgestone brand is known as Japans largest tire manufacturer and one of the leading producers of tires in the world.
Today, Bridgestone is one of the largest tire manufacturers in the world. The company has production facilities in thirty-four countries and has produced more than 2 billion tires since its inception and sells its products in more than 175 countries around the globe.
Bridgestone’s products include tires for passenger cars, trucks, buses and motorcycles as well as off-road vehicles including mining equipment, agricultural machinery and construction equipment.
The company also produces tires for airplanes, forklifts and other industrial equipment. Bridgestone’s product lines include summer tires, all-season tires, winter tires, light truck and SUV tires as well as commercial truck tires.
2. Michelin group
The Michelin Group is a French multinational tire manufacturer based in Clermont-Ferrand in the Auvergne région of France. It is the world’s largest tire manufacturer, ahead of Bridgestone and Goodyear.
In addition to the Michelin brand, it also owns other brands, including Champion (motorcycle tires), Kleber (motorcycle tyres), Tigar (motorcycle tires), Riken (all terrain/off road tyres) and Pacer (recreational vehicles). Michelin produces tires for space shuttles, aircraft, automobiles, heavy equipment including earthmovers and off-road vehicles such as ATVs and golf carts.
The company also produces rubber and plastic products for the automotive industry. In 2018, Michelin Group employed a total of 88,829 employees in 126 production plants spread across 22 countries. The company has a presence in Europe, North America, South America, Oceania and Asia. It has 21 research centers worldwide, with 11 technical centers that focus on developing new technologies for both tires and other products.
Goodyear Tire & Rubber Company is an American multinational tire manufacturing company founded in 1898 by Frank Seiberling and based in Akron, Ohio. Goodyear manufactures tires for automobiles, commercial trucks, light trucks, SUVs, race cars, airplanes, farm equipment and heavy earth-mover machinery.
Goodyear was one of the first companies to develop a rubber compound suitable for making tires able to withstand high speeds. Because of this technological innovation they have become one of the most recognized brands in the world today.
This tire manufacturer has numerous manufacturing facilities across the world. They are one of the largest tire manufacturers in both North America and Europe, where they have factories located in the Czech Republic, France, Germany and Poland.
In South America, Goodyear has a plant in Brazil. They also have production facilities in Australia, China and India. In addition to their manufacturing plants, they also have research and development facilities located around the world.
4. Continental AG
Continental AG is a German automotive industry manufacturer with its headquarters in Hanover, Germany. The company was founded in 1871 as “Gutbrodt & Kuhn” and has since become one of the world’s largest tire manufacturers, with operations in many countries around the world. Continental has a presence in over 160 countries worldwide and employs over 178,000 people globally.
As well as being a major player in the global tire market, Continental also has several other divisions including Avtovaz (Russia), Bridgestone (Japan), Kenda (China) and Cooper Tire & Rubber Company (U.S.). Since 2007,
Continental has been the only tire manufacturer that ranks among the top 10 in all three major global tire markets: passenger car tires (1st), commercial vehicle tires (3rd), and truck/bus tires (7th). The company’s product portfolio ranges from high-performance tires for premium vehicles to low-cost tires for mass market cars. Continental is also a leading supplier of technology products such as batteries, braking systems and airbags.
In the first quarter of 2018, Continental generated a net profit of €1.2 billion and an operating margin of 9.8 percent (based on EBITDA). For the fiscal year 2017, this figure was €3.6 billion and 12.0 percent. Since its founding in 1871, Continental has been consistently profitable with only two exceptions: in 1932 due to a global recession and during World War II when production had to be switched from tires to tanks for military use
5. Pirelli & C. S.p.A
Pirelli & C. S.p.A is a multinational company based in Milan, Italy that produces tyres for cars, motorcycles and bicycles. It was founded by Giovanni Battista Pirelli in 1872 and renamed to its present name in 1987 after being acquired by Camfin S.p.A., a holding company controlled by the Benetton family.
In 2017 it was acquired by ChemChina for 7 billion euro becoming a subsidiary of ChemChina’s new subsidiary China National Tire & Rubber Company (CNT).
In 2016, Pirelli sold around 19 million tyres with revenues of USD 12 billion from 98 countries across Asia Pacific Europe Middle East Africa Latin America USA etc(the United States). Pirelli has developed a range of tyres for nearly every possible application, including:
- Motorcycle tyres
- Car tyres (including winter tyres)
- Agricultural tyres
- Tractor tyres (including off-road and agricultural)
- Industrial tyre for forklifts etc.
In 2017, Pirelli was ranked as the fourth most reputable company in the world by Forbes magazine. The company has been named several times as the most innovative tyre brand and is currently working on self-driving technology for cars and trucks.
Pirelli has two main research centers: one in Milan (Italy), which is responsible for research on tyres, tubes and rims; and another in Singapore, which focuses on developing new products such as car interiors.
6. Yokohama Rubber Company Ltd.
Yokohama Rubber Company Ltd. is a Japanese tire manufacturer, founded in 1917. It is a subsidiary of the Yokohama Rubber Co., Ltd..
The company employs around 160,000 people worldwide with operations in Oceania (Australia and New Zealand), Asia and North America. In 2016 it produced 1 million tires daily from 21 manufacturing locations across 14 countries – it’s the world’s largest manufacturer of tires!
The company holds a large market share in the Asia-Pacific region, where it has manufacturing facilities in Japan, China, Thailand and Indonesia. In Europe its largest factory is based in Italy. The company also has a presence in North America with factories in Georgia and Texas.
In 2017, Yokohama Rubber Co., Ltd. was named the world’s largest tire manufacturer by market share and number of employees. The company has a long history of innovation and it continues to develop new technologies and products to keep up with the latest trends in the automotive industry.
The company’s product portfolio includes tires for
- Passenger cars
- Light trucks
- Buses and commercial vehicles.
This tire manufacturer also produces a range of industrial tires for earthmoving equipment, agricultural applications and mining machinery.
7. The Sumitomo Rubber Industries, Ltd.
Sumitomo Rubber Industries, Ltd. is a Japanese tire manufacturer that was founded in 1917. Sumitomo Rubber Industries, Ltd. is among the world’s largest tire manufacturer and the world’s largest manufacturer of retreaded tires.
The company has produced high-quality tires for more than 100 years with its philosophy of “innovation through cooperation”. Sumitomo Rubber Industries, Ltd.’s products are used worldwide by both consumer and commercial vehicles as well as agricultural machinery, construction equipment and buses – some even heading into space!
Sumitomo Rubber Industries, Ltd. has more than 20 manufacturing plants in Japan and more than 15 overseas facilities, including in the United States, Canada, Thailand and China. The company also operates a network of sales offices throughout North America and Europe.
The company produces the following tires :
- Passenger car tires (SUV and light truck)
- Off-road tires for industrial use, agricultural machinery, construction equipment and buses
- Specialty tires for motorcycles, ATVs and lawnmowers
8. Hankook Tire Co., Ltd.
If you’re looking for the best tire brands, then you should know that Hankook Tire Co., Ltd. is among the top 10 tire companies in the world in the tire manufacturing industry.
Hankook Tire has been operating since 1941, and they are now one of the most popular tire manufacturers in the world. Currently, they are one of four major tire manufacturers based in South Korea, as well as being one of five major players in China (alongside Yokohama Rubber Company Limited, Cheil Industries Inc., Continental AG & Japan Tread (JCI), and Bridgestone).
Hankook has become a global brand thanks to its focus on quality products and customer satisfaction. Their headquarters are located on Jeonbuk Science Park Road in Jeonju City; however, their main production plant is located at Gunsan City where there are over 6 million tires made per year!
Hankook Tires Co., Ltd produces tyres for passenger cars, light trucks and SUVs. They also produce tyres for motorcycles, off-road vehicles and agricultural machinery. The company offers a wide range of products that includes radial tyres, bias ply tyres and runflat tyres.
9. Kumho Tire Co., Inc.
Though there are many tire manufacturers in the world, Kumho Tire Co., Inc. stands out as one of the top tire brands. The company was founded in 1941 and continues to produce high-quality tires for customers around the world.
It has 11 manufacturing plants in Korea, the United States, Mexico and Europe which produce more than 60 million tires annually for an array of industries including;
- Passenger cars and trucks
- Light commercial vehicles (LCVs)
- Farm tractors
- Heavy equipment
- Mining machinery
- Marine vessels
- Bicycles etcetera.
The company has also focused on developing new products that are safe, reliable and environmentally friendly. For example, Kumho Tire Co., Inc. has developed tires that can reduce CO2 emissions by up to 18 percent when compared to standard tires. The company has also developed a tire recycling program that allows customers to sell their old tires back after they have been used for five years or less.
10. BFGoodrich Tires, part of the Michelin group
BFGoodrich Tires, part of the Michelin group, is one of the largest tire manufacturers in the world. They were founded in 1870 and have grown to become one of the leading tire brands on both sides of the Atlantic. With headquarters located in Akron, Ohio, BFGoodrich Tire has two manufacturing facilities within its home state as well as a facility in Macon, Georgia.
The company provides three different lines of tires for consumers: all-season, winter and performance. All of these lines are available in a variety of sizes and tread patterns, allowing drivers to choose from a range of options depending on their needs. BFGoodrich Tires also offers an extensive line of commercial tires, including those designed for construction equipment and other heavy machinery.
BFGoodrich tires are an affordable option for drivers seeking new tires, especially those looking to replace the original equipment manufacturer (OEM) tires that were installed on their vehicles when they were new. The company offers a variety of tire prices, including some options that are less than $200 per set. BFGoodrich also sells a wide range of other car parts and accessories, such as wheels and rims.
There are many tyre manufacturers in the world, but these are among the top 10. We can say this because they have been around for a long time and their products are well known. They also offer high quality tyres with advanced technology that makes them stand out from other brands.
If you want to find out more about them or how much they cost then go online and check out their websites today!