2017 Global Top 75 tires released

Recently, it was announced by the "Tire Business" organized by the United States in the 2017 annual global tire 75 list. In accordance with the usual practice, the 2017 annual list of the world's top 75 tires is ranked according to the company’s sales in 2016 related to tire manufacturing.

This year's ranking has not changed much, especially the top 14 is almost a repeat of last year, indicating that the world tire pattern is basically stable.

Bridgestone topped the world for nine consecutive years with sales of 22.121 billion U.S. dollars. Michelin ranked second with US$ 21.129 billion, and the gap between the previous two strong forces has shortened.

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Two Chinese tire companies entered the top ten. Among them, Zhengxin International ranked the ninth with US$3.887 billion. The tenth position is Hangzhou Zhongce, with sales of US$3.2292 billion. Triangle tires and exquisite tires entered the top 20.

There are three new companies ranking in the top 75, all Chinese companies. They are: Hua Qin Rubber Industry Group, Shandong Haohua Tire, Shandong Sanli Tire.

According to statistics, the number of Chinese companies entering the top 75 is 39, accounting for more than half of the total. However, most Chinese companies are ranked lower, with only 7 companies with sales exceeding US$1 billion. The gap between the scale of Chinese companies and tire giants is still significant.

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