The reporter was informed on September 2, 2011 that the “Global Rubber and Plastics News” weekly 2011 ranking of the world's top 75 tires was announced recently. The global tire market rebounded strongly after the slump in late 2008 and 2009, and all economic indicators fully met or exceeded the pre-2009 data. In 2010, sales increased by nearly 20% year-on-year, and profits increased significantly. Judging from the rankings, the degree of concentration of the industry has declined and the company's profitability has improved.

28 Chinese companies on the list

By convention, the 2011 Global Top 75 Tyre Rankings are ranked according to the company’s 2010 sales revenue related to tire manufacturing. The top 11 in 2011 are the same as last year. Bridgestone Japan ranks first in the world with 24.425 billion U.S. dollars for three consecutive years. The 2nd to 11th were Michelin in France, Goodyear in the United States, Germany in the Mainland, Pirelli in Italy, Sumitomo in Japan, Rubber in Yokohama, Japan, Hankook Tire in Korea, Cooper Tire, Zhengxin International in Taiwan, and Zhongce in Hangzhou, China. The traditional top 10 Korean Kumho tires and Japanese Toyo tires were pushed to the 12th and 13th positions. The world’s “two billion dollar club” has risen from 13 companies in 2010 to 15 and the “one billion dollar club” has increased from 19 to 25 in 2010. From the perspective of the tire industry in the first half of 2011, at least three to four members of the “Billion Dollar Club” will be added in 2011.

There are 23 top 75 companies in mainland China, 5 in China, 10 in India, 4 in the United States, 4 in Japan, 4 in Russia, 3 in South Korea, 2 in Italy, 2 in Indonesia, 2 in Turkey, and 1 in other countries. Family. There are four new rankings: China's Shandong Sangong 42 (USD 429 million), Ukraine's Rosava Tire 70 (106 million USD), China's Xinjiang Kunlun 72 (US$900.3 million), India’s MED Tire 74 (US$78 million).

The number of companies on the Chinese mainland has risen from 21 in 2010 to 23, plus five Chinese Taiwanese companies, accounting for 28 seats in the top 75, exceeding 1/3 of the total. Among the 15 “two billion dollar clubs” are Zhengxin Rubber, Hangzhou Zhongce and Delta Group, and 8 out of 25 “one billion US dollar clubs”. Hangzhou Zhongce’s sales increased by 36.7%, one step away from the top 10.

Iran's Dena Tire & Rubber, Thailand's Inoue Rubber, U.S. Galaxy International Tire and India's Ralson Tire 4 were out of the 75.

Rapid growth in industry concentration

Judging from the 2011 rankings, global tire industry concentration has declined. The sales revenue of the first tier 3 giant accounted for 63.89 billion U.S. dollars, accounting for 42% of the world's total sales, which was 1.7 percentage points lower than the previous year. The global share of the second tier (companies with sales revenue of more than US$2 billion in this year) continues to show an upward trend, with total sales of US$49.5 billion, accounting for approximately 32.6% of total global sales, which is a year-on-year increase of 1%. The world’s top 10 tires had sales of US$100.14 billion, which exceeded the US$100 billion mark and accounted for 65.9% of global sales, a decline of 1.3 percentage points from the previous year.

In 2010, the total sales volume of the world's 75 tire industry increased by 19.2%, the largest increase in recent years. Only five companies have negative growth. Negative growth companies are mainly affected by factors such as the sale of assets. A total of 15 companies across the industry recorded an increase in sales of more than 40% year-on-year, and a total of 21 companies had sales growth of more than 30%. The largest increase in sales was achieved by Russia’s Nizhnekamskshina, which reached 256%, rising from 53 in 2010 to 31st. Larger sales growth The enterprises are mainly concentrated in emerging countries such as China and India, and the development speed of Russian tires has also accelerated significantly.

There are three main reasons for the rapid growth in global tire sales. One is the abnormal decline in the world tire industry in 2009 and the lower base; the second is the effect of rising raw materials on tire prices. It is estimated that its contribution to sales growth will be 50%. Above; third is the blowout development of automobile sales in emerging markets in China and India. North American automobile sales rebounded strongly and formed a large demand for tires.

Corporate restructuring is booming

Since 2010, the tire industry in the world has taken frequent acquisitions, acquisitions, cross-shareholdings, and bankruptcies, which has a great impact on the company’s sales revenue and world rankings. Bridgestone ranks first in the world for three consecutive years. The company holds a 44% stake in Turkish Sabachi tyres and a 19% stake in Finnish Nokia tyres. Similarly, Michelin owns 10% of the company's shares. Pirelli of Italy, through its holding of Nizhnekamskshina company in a joint venture in Russia, will increase its sales in the next few years. The German mainland announced on July 18, 2011 that it has acquired the Indian company Meridien and is planning to invest 50 million euros in the radial tire project at this factory. On April 2, 2011, Titan International completed the acquisition of Goodyear's European and Latin American tires business. Through the acquisition, TITAN International will add 400 million US dollars in sales. Japan’s Toyo Tire Co., Ltd. completed the acquisition of Malaysia’s Silverstone tires in June 2011 and became the majority shareholder of China’s Shandong Luohe Silverstone Tire Company, which will add annual sales of US$250 million. Trelleborg, Sweden, recently acquired the Hebei Xingtai tire production facility to produce agricultural tires to promote the expansion of the Asian specialty tire market.

Although the price of natural rubber has gone all the way, the profits and sales revenue of the world's largest tire companies have increased significantly year-on-year. The operating income/sales revenue rate of the 12 major tire manufacturers doubled to 8.1% year-on-year, and the net income/sales revenue ratio increased 10 times year-on-year to 3.3%. In 2009, there were 4 losses in 19 tire companies with statistical profits. In 2010, only Goodyear suffered losses, and the amount of losses fell sharply from the previous year. Michelin's net profit increased by nearly 10 times year-on-year, Cooper's tire net profit increased by 170% year-on-year, Finland's Nokia's net profit increased by 191% year-on-year.

Others Welding Machine

Workshop Fitting Welding Machine,Mutil-Angle Welder,Mutil-Angle Pipe Welding Machine

Broad Imp. & Exp. Co., Ltd. , http://www.hzweldingmachine.com