Triangle Tire's recent financial report for the first half of the year, released on August 29, shows impressive growth. Their operating income reached 5.19 billion yuan, marking a 21.5% increase compared to the previous year. Additionally, the net profit attributable to shareholders of listed companies soared to 610 million yuan, reflecting a remarkable 180% year-on-year…
Chinese premium tyre manufacturers face many challenges with regard to the global tyre market. China has now emerged as a formidable major player in the tyre manufacturing industry, especially when it comes to large-volume production.
However, the perception of Chinese tyres as low-quality products still persists in many regions of the world. This perception poses…
Global Tire Industry
In a remarkable trajectory, the global tire market has been accelerating up to a trillion-dollar industry. Over the past decade, tire consumption has increased from 1.483 billion units in 2011 to a staggering 1.749 billion units in 2022.
Remarkably, the Asia-Pacific region emerges as the tire production powerhouse, with China at the…
On May 15th, the 13th China (Guangrao) International Rubber Tyre and Auto Parts Exhibition opened. Double Star grandly launched the "black technology" in the tyre industry - "ADDPOWER" wheel. It is understood that the "ADDPOWER" wheel has 7+26 invention patents worldwide, overturning the 178-year history of "tire + rim”.
The "ADDPOWER" wheel does not need…
Despite economic uncertainty, 2023 was a year of resilience and innovation for the global tyre industry. From rising EV demand to regulatory shifts in sustainability, tyre manufacturers adapted quickly. The top 25 brands not only solidified their market dominance but also expanded into new segments, upgraded technologies, and redefined price-performance standards.
Whether you’re a tyre…
Pirelli's sales and profits both skyrocketed
Tire Business On May 11, 2023, Pirelli announced its financial report for the first quarter of 2023. In the first quarter of 2023, Pirelli's sales reached 1.7 billion euros (about 12.9 billion yuan), a year-on-year increase of about 12%; net profit reached 115 million euros (about 872 million yuan),…
Zhongce Rubber
Relying on its strong strength, Zhongce Rubber has surpassed many foreign-funded tire companies, ranking 8th among global tire companies in 2022, and ranking first among Chinese tire companies. Zhongce Rubber is most praised for its extraordinary strength in all-steel tires. Whether at home or abroad, Zhongce Rubber’s Chaoyang, West Lake, Goodride, Trazano, etc.…
From passenger vehicles to commercial trucks, tyres are the foundation of global transport. The world’s top tyre manufacturers do more than just produce rubber—they power mobility, fuel economies, and define standards of safety, performance, and value.
In this blog, we look at the top 25 tyre brands based on 2022 revenue, while also understanding where…
The renowned British tire magazine Tyrepress gave out ranking of top tire manufacturers recently in terms of the revenue. The tire industry has changed a lot after the pandemic but these manufacturers still managed to gain sales and survive the hit. Michelin had an amazing sale in the pandemic and after which resulted in finishing on the…
While buying a new set of tires, the first thing every consumer considers is the brand reputation in the market and choose a niche product in the market as niche products dominates the market. Do not spend hours looking for tires, save your time by checking out the list of Top manufacturers from all over…
China has emerged as one of the largest producers of high quality tires in the world. The country has many companies that produce highly standardized tires and related products that supply their wares all over the globe. Let us take a quick look at the top ten tire companies in China.
Zhongce Rubber Group Co.,…
Buying new tyres for your vehicle is not as easy as it sounds. The buyer can get lost in the vast variety of tyre brands available for an even bigger variety of tyre types available.
While it might not seem like an overly glamorous purchase, good tyres are an investment to help keep you safe…
