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The Largest Tire Manufacturers in the World (New)

Michelin ends Bridgestone's 11-year reign as world's No. 1 tire maker.

The Largest Tire Manufacturers in the World (New): MichelinPHOTO CREDIT: Michelin Media

When it comes to the vast automotive industry, tires play a crucial role in ensuring safe and efficient transportation. With millions of vehicles traversing the globe, tire manufacturers are at the forefront of innovation and production. As of the end of 2022, the Michelin is the world's largest tire manufacturer, followed by Bridgestone (Japan), Goodyear (United States), Continental (Germany) and Sumitomo (Japan).

Here are a few notable records from the tire industry:

In 2021, Michelin ends Bridgestone's 11-year reign as world's No. 1 tire maker. Looking back, the Bridgestone Corporation (Bridgestone) was named the world’s largest tire manufacturer for the eleventh consecutive year in the 2010-2020 rankings from Tire Business, an Akron, Ohio-based trade publication.

Goodyear and Cooper Tires are two of the largest tire manufacturers in the United States, with Goodyear being the largest. Both companies have a strong presence in North America, offering a diverse range of tires to meet the different needs of consumers.

Let’s take a look! The top 30 tire manufacturer are ranked as follows (based on 2022 revenue):

The Largest Tire Manufacturers in the World
(Based on 2022 Revenue)

2022 2021 Manufacturer Country
1 1 Michelin logoMichelin France
2 2 Bridgestone logoBridgestone Japan
3 4 Goodyear logoGoodyear United States
4 3 Continental logoContinental Germany
5 5 Sumitomo logoSumitomo Japan
6 7 Pirelli logoPirelli Italy
7 6 Hankook logoHankook South Korea
8 8 Yokohama logoYokohama Japan
9 9 Zhongce Rubber logoZC Rubber China
10 11 Toyo logoToyo Japan
11 10 Maxxis logoMaxxis Taiwan, China
12 16 Sailun logoSailun China
13 15 Apollo logoApollo India
14 13 Giti logoGiti Singapore
15 18 Kumho logoKumho South Korea
16 17 MRF logoMRF India
17 12 Linglong logoLinglong China
18 14 Cooper logoCooper United States
19 24 Titan logoTitan United States
20 20 Nexen logoNexen South Korea
21 19 Nokian logoNokian Finland
22 22 JK logoJK India
23 21 Double Coin logoDouble Coin China
24 25 CEAT logoCEAT India
25 23 Triangle logoTriangle China
26 27 TrelleborglogoTrelleborg Sweden
27 26 Kenda logoKenda Taiwan
28 28 Guizhou Tyre logoGuizhou Tyre China
29 N/A BKT logoBKT India
30 N/A Prometeon logoPrometeon Italy

Source: www.tyrepress.com/.../Leading-Companies-2023.pdf

Michelin is the largest tire manufacturer in Europe, followed by Continental, which is the second-largest tire manufacturer in Europe.

Zhongce Rubber is the largest tire manufacturer in China, followed by Linglong Tire.

In 2018, Apollo Tyres Ltd overtook MRF Ltd for the first time in many years to claim the title of India’s highest-revenue tyre maker.

RELATED: The Largest Car Companies in the World

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Rank Company Country
#1 Volkswagen logoVolkswagen Germany
#2 Toyota logoToyota Japan
#3 Honda logoStellantis Netherlands
#4 Mercedes-Benz Group logoMercedes-Benz Group Germany
#5 Ford logoFord Motor United States
Rank Company Country
#1 Michelin logoMichelin France
#2 Bridgestone logoBridgestone Japan
#3 Continental logoContinental Germany
#4 Goodyear logoGoodyear United States
#5 Sumitomo logoSumitomo Japan