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Triangle Tyre Releases Latest Performance Report

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…

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The Top 5 Challenges Faced by Chinese Premium Tyre Manufacturers in the Global Market

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…

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Global Tire Industry: Asia-Pacific Dominates Production; Michelin And Bridgestone’s Market Share Decline

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…

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Double Star “ADDPOWER” Wheel Subversive Innovation – Tyre Industry Black Technology Turned Out

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…

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Top 25 Tyre Manufacturers in the World (2023)

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…

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