The global tyre industry continues to evolve with rising demand from commercial transport, sustainability targets, and digital innovation. The top players in 2024 are not only defined by their revenue but also by their adaptability, product quality, and strategic presence across markets.
Whether you’re an importer, fleet operator, or tyre distributor, understanding who leads the global tyre game — and why — can inform smarter sourcing decisions.
Here are the Top 25 Tyre Manufacturers in the World (2024), based on revenue, product diversity, global footprint, and industry influence.
1. Michelin (France)
Key Markets: Europe, North America, APAC
Core Segments: Passenger, TBR, Aviation, Motorsport
Strengths: Innovation leadership, EV tyre R&D, sustainability efforts
2. Bridgestone (Japan)
Key Markets: Japan, US, Brazil, Europe
Core Segments: Passenger, OTR, Truck, Agricultural
Strengths: Technology, strong OEM presence, global reach
3. Goodyear (USA)
Key Markets: USA, Europe, Latin America
Core Segments: Passenger, Light Truck, Commercial
Strengths: Wide brand portfolio, recent Cooper integration
4. Continental (Germany)
Key Markets: Europe, Asia, USA
Core Segments: Passenger, TBR, OE fitments
Strengths: Smart tyres, premium performance, high OE share
5. Sumitomo Rubber (Japan)
Key Markets: Japan, USA, Europe
Core Segments: Passenger, Motorcycle, Industrial
Strengths: Dunlop branding, tech partnerships
6. Hankook Tire (South Korea)
Key Markets: Korea, EU, North America
Core Segments: UHP, EV, TBR
Strengths: Aggressive OE growth, premium branding
7. Pirelli (Italy)
Key Markets: Europe, Latin America, China
Core Segments: UHP, Luxury Passenger, Motorsport
Strengths: Prestige OE fitments (Ferrari, Porsche), racing pedigree
8. ZC Rubber (China)
Key Markets: China, Asia, Middle East, Africa
Core Segments: PCR, TBR, Industrial
Strengths: Largest Chinese tyre maker, diversified lines (Westlake, Goodride)
9. Yokohama Rubber (Japan)
Key Markets: USA, Japan, ASEAN
Core Segments: PCR, OTR, Truck, Motorsport
Strengths: High-performance R&D, off-road niche
10. Toyo Tires (Japan)
Key Markets: Japan, North America, Europe
Core Segments: SUV, 4×4, PCR
Strengths: Off-road strength, enthusiast segment
11. Nexen Tire (South Korea)
Key Markets: South Korea, Europe, USA
Core Segments: PCR, SUV
Strengths: Fast-growing OE base, R&D investments in Europe
12. Linglong Tire (China)
Key Markets: China, Europe, Southeast Asia
Core Segments: PCR, TBR, OTR
Strengths: OE growth in Europe, new overseas factories
13. Kumho Tire (South Korea)
Key Markets: Korea, Europe, USA
Core Segments: PCR, Commercial
Strengths: Broad product lines, value segment leader
14. Apollo Tyres (India)
Key Markets: India, Europe, Middle East
Core Segments: TBR, PCR, Agriculture
Strengths: Strong distribution in India, European expansion
15. MRF (India)
Key Markets: India, Africa, Middle East
Core Segments: PCR, 2-Wheelers, Commercial
Strengths: Brand loyalty, manufacturing scale in India
16. Sailun Group (China)
Key Markets: Southeast Asia, EU, Africa
Core Segments: TBR, PCR
Strengths: Technology-forward, Sailun + RoadX brand umbrella
17. Aeolus Tyres (China)
Key Markets: China, CIS, Africa
Core Segments: TBR, OTR
Strengths: State-backed, strong in budget TBR
18. Double Coin Holdings (China)
Key Markets: Asia, Africa, Middle East
Core Segments: Truck & Bus, Industrial
Strengths: Heavy-duty durability, government contracts
19. Giti Tire (Singapore)
Key Markets: Asia, US, EU
Core Segments: Passenger, TBR
Strengths: OE partnerships, Giti + GT Radial lines
20. JK Tyre (India)
Key Markets: India, Middle East, Latin America
Core Segments: PCR, TBR
Strengths: Truck segment leader in India, racing involvement
21. Triangle Group (China)
Key Markets: China, EU, USA
Core Segments: OTR, TBR, UHP
Strengths: Mining/OEM focus, research centers in EU/US
22. Techking Tires (China)
Key Markets: Africa, Asia-Pacific
Core Segments: OTR, Industrial
Strengths: OTR specialization, fleet performance services
23. Prometeon Tyre Group (Italy)
Key Markets: Europe, Latin America, Middle East
Core Segments: Truck, Bus, Agro
Strengths: Formerly Pirelli industrial, now independent
24. Doublestar (China)
Key Markets: China, Africa
Core Segments: PCR, TBR
Strengths: Modernized factories, mid-tier focus
25. Shandong Hengfeng (China)
Key Markets: Africa, Middle East, Southeast Asia
Core Segments: PCR, TBR
Strengths: Diverse brand portfolio (Onyx, Roadwing, Ovation), price competitiveness
Key Insights for Tyre Importers
- Tier 1 Dominance: Top 7 brands continue to lead in OE contracts, R&D spend, and global share.
- China’s Continued Rise: With ZC Rubber, Sailun, Linglong, and Hengfeng expanding fast, Chinese brands are now serious players in quality, not just cost.
- India Gains Ground: Apollo, MRF, and JK Tyre have grown beyond regional suppliers and now serve global export markets with quality TBR and PCR lines.
- OTR Specialization Pays Off: Techking, Triangle, and Double Coin have carved profitable niches in industrial and mining tyres.
- Private Branding Opportunities: Many mid-tier manufacturers support exclusive brand partnerships — a great way to build regional loyalty.
How to Choose the Right Tyre Manufacturer for Your Market
When selecting a global tyre partner, consider:
- Local road and climate conditions your products will face
- Regulatory certifications (ECE, DOT, CCC)
- Production scale & delivery reliability
- Marketing support and sidewall customization for private brands
- After-sales support and replacement policies
Importers should balance price with product performance, ensuring repeat business and trust.
Looking to Source Tyres for Your Market?
At Trojan | The Global Tyre Co., we don’t just ship containers. We:
- Analyze market shifts
- Monitor factory production trends
- Align you with high-opportunity partners
With two decades of sourcing experience and a portfolio spanning both Tier 1 and emerging brands, we help importers:
- Secure exclusive representation
- Optimize procurement
- Maximize margins across 50+ countries
Ready to Partner with Global Leaders?
Let Trojan match your market with the right tyre brand — whether you’re entering new territory or scaling your existing portfolio.
