2014 Global Top 75 Tyres Ranking Bridgestone Continues to Grace

The 2014 Global Top 75 Tyres Rankings were released. From the above figure, it can be seen that Japanese companies have far ahead of the implementation of "the most difficult road factory" China, occupying nearly 1 / 4 of the market. China, on the other hand, ranks first in terms of nearly 1/3. In short, things don't develop as some people think! Really! In addition, the list shows that due to the sharp fall in raw material prices, the global tire market sales declined slightly for two consecutive years; operating income and net profit growth, a number of companies record highs but the decline decreased; investment is still active.

Bridgestone continues to compromise

Compared with last year's list, the sales of the top four all declined slightly, but the rankings remained unchanged and they still maintained the “billion dollar club” status. Bridgestone has won the second consecutive year with sales of 27.39 billion US dollars. Thanks to the contributions of both Sabachi and Nokia Tire, Bridgestone remains superior to the second and third Michelin and Goodyear's 1.9 billion and 9.8 billion U.S. dollars. The fourth place is still the German mainland, 11.15 billion US dollars of sales further shortened the gap with the top three. The fifth and sixth seats were changed last year. Italy's Pirelli ranks fifth, and Japan's Sumitomo sixth. The ranking of other companies in the top ten did not change from last year. Hankook, with its 10% sales growth, became the top ten largest company in terms of growth, securing its seventh throne. Japan's Yokohama was the largest decliner of sales in the top ten, and despite sales declining by 11.7%, it still remained eighth. The top ten and the last two seats are still China's tire companies. Zhengxin International is ranked ninth with US$4.76686 billion and Hangzhou Zhongce is ranked tenth. The position of the top 20 companies has changed, but no new members have been added. Singapore Jiatong tires accounted for revenue from Indonesia's Giticom, which saw its sales increase by 39.3% from 15 to 11. China’s triangular tires have risen by one place from last year, ranking 15th.

There are five newly-listed companies, four of which are Chinese companies – Shandong Debao, Shandong Hengyu, Shandong Taishan, and Shandong Bayi, and the other is the Dutch Magna Tire Group.

Italy Ma Lun Gugli, China's Guangzhou Pearl River Tire, Thailand Inoue rubber, the United States Maine Industrial, Pakistan's general tire rubber fell out of the list.

Apollo's failure to acquire solid-platinum rubber announced that its global tire acquisition and restructuring last year had little effect. Several small acquisitions were Sumitomo's acquisition of Apollo's Dunlop assets in South Africa/Middle East, the acquisition of QD Antede's Voltyre-Prom plant by Timorian, and the acquisition of Kunlun shares by Shuangqin Holdings. These acquisitions may have an impact on next year's rankings.