A tire is a ring-shaped component that surrounds a wheel's rim to transfer a vehicle's load from the axle through the wheel to the ground and to provide traction, made in pneumatic form for cars, bicycles, motorcycles, buses, trucks, heavy equipment, and aircraft, and in non-pneumatic form for locomotives, railcars, forklifts, and lawnmowers. As of 2011 the leading manufacturers by volume were Bridgestone with about 190 million tires a year, Michelin with 184 million, and Goodyear with 181 million, followed by Continental and Pirelli as major competitors. Global production exceeds 2.5 billion tires a year, with 2,268 million tires produced in 2021 and output projected to reach 2,665 million by 2027, and the global market was valued at about 126 billion dollars in 2022, expected to exceed 176 billion dollars by 2027. Around 450 tire factories operate worldwide, making the industry one of the largest consumers of natural rubber.
Facts
FAQs
Why do most vehicles use air-filled tires instead of solid rubber ones?
Air-filled tires cushion the load and shocks better than solid rubber ones.
Pneumatic tires carry the load and absorb shocks mainly through the compressed air that fills them, which gives them greater cushioning ability and other advantages over solid rubber tires. For that reason they are used on almost all free-moving vehicles. Solid rubber tires are now used only on industrial and farm carts and on military vehicles, where tires are liable to be cut or pierced.
Connections
Companies In Industry
Source Wikipedia: BFGoodrich
Source Wikipedia, Bridgestone
Source Wikipedia, Casumina
Source Wikipedia, Cooper Tire & Rubber Company
Source Goodyear Tire and Rubber Company - Wikipedia
Source Goodyear Tire and Rubber Company - Wikipedia
Source Trayal (Wikipedia)
In Sector
Additional Source Wikipedia: Global Industry Classification StandardGICS: Tires & Rubber
Sources
1. Wikipedia, Tire
WikipediaLead sectionQuote, Lead section
A tire (North American English) or tyre (Commonwealth English) is a ring-shaped component that surrounds a wheel's rim to transfer a vehicle's load from the axle through the wheel to the ground and to provide traction on the surface over which the wheel travels.
Wikipedia: Global Industry Classification Standard
WikipediaIn Sector: Consumer Discretionary, GICS: Tires & RubberView the Source Wikipedia: BFGoodrich
WikipediaCompanies In Industry: BFGoodrich, LeadQuote, Companies In Industry: BFGoodrich, Lead
BFGoodrich is an American tire brand. Originally part of the industrial conglomerate Goodrich Corporation, it was acquired in 1990 (along with Uniroyal, then The Uniroyal Goodrich Tire Company) by the French tire maker Michelin.
Goodyear Tire and Rubber Company - Wikipedia
Companies In Industry: The Goodyear Tire & Rubber Company, Lead
The Goodyear Tire & Rubber Company, commonly known as Goodyear, is an American multinational tire manufacturer headquartered in Akron, Ohio.
Companies In Industry: Goodyear Tire and Rubber Company, Lead
The Goodyear Tire & Rubber Company, commonly known as Goodyear, is an American multinational tire manufacturer headquartered in Akron, Ohio.
View the SourceWikipedia, Bridgestone
WikipediaCompanies In Industry: Bridgestone Corporation, LeadQuote, Companies In Industry: Bridgestone Corporation, Lead
Bridgestone Corporation (株式会社ブリヂストン, Kabushiki gaisha Burijisuton) is a Japanese multinational tire and rubber manufacturing company based in Kyōbashi, Tokyo.
Wikipedia, Cooper Tire & Rubber Company
WikipediaCompanies In Industry: Cooper Tire and Rubber Company, LeadQuote, Companies In Industry: Cooper Tire and Rubber Company, Lead
Cooper Tire & Rubber Company is an American company that specializes in the design, manufacture, marketing, and sales of replacement automobile and truck tires, and has subsidiaries that specialize in medium truck, motorcycle, and racing tires.
Wikipedia, Casumina
WikipediaCompanies In Industry: Casumina, LeadQuote, Companies In Industry: Casumina, Lead
The Southern Rubber Industry Joint Stock Company (Vietnamese: Công ty cổ phần Công Nghiệp Cao Su Miền Nam), or Casumina, is a tire manufacturer in Vietnam.
Trayal (Wikipedia)
Companies In Industry: Trayal, LeadQuote, Companies In Industry: Trayal, Lead
Trayal Corporation (Serbian: Трајал Корпорација, romanized: Trayal Korporacija) is a company manufacturing tires, protective devices and industrial explosives.
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