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    Home > Chemicals Industry > International Chemical > In 2021, the economic operation of the world tire industry returned to normal

    In 2021, the economic operation of the world tire industry returned to normal

    • Last Update: 2022-09-07
    • Source: Internet
    • Author: User
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    On August 29, the 2022 Global Tire Top 75 list organized by tire business in the United States was announced


    Financial indicators rebounded sharply

    Financial indicators rebounded sharply

    As is customary, the 2022 Global Tire 75 ranking is ranked


    According to the statistics and estimates of the top 75 tires, the total global tire sales in 2021 will be 177.


    In 2021, the operating profit and net profit of the world's top 75 tires will be mainly


    Industry concentration continues to shrink

    Industry concentration continues to shrink Industry concentration continues to shrink

    From the perspective of industry concentration, among the top 75, the top three had sales of $63.


    In addition, mergers and acquisitions have a greater impact on


    From a regional point of view, North America and Europe are still the world's main tire markets


    Investment confidence remains low

    Investment confidence is still not high Investment confidence is still not high

    Among the 23 tire manufacturers surveyed on tire investment expenses, the proportion of industry tire investment in sales averaged 6.


    According to tire project statistics released by Tire Business on the world's major tire companies after August 2021, the total investment in the industry is about 4.


    At present, the Russian-Ukrainian conflict has led to the closure and withdrawal of the world tire industry from tire production in Russia, and Russian tire investment has completely stagnated




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