New analysis from Astutus Research suggests that Continental Tire is closing in on the global number three position in the PCLT tire sector, and is set to move ahead of Goodyear in the rankings.
 

The phrase “Big 3” is still used to describe the tire industry triad of Bridgestone, Michelin and Goodyear. In the passenger car and light truck (PCLT) tire sector, however, Continental Tire is now clearly a peer of this group. Furthermore, Astutus Research believes that it is set to push Goodyear into fourth place.

Goodyear as a whole remains larger than Continental Tire as it sells substantially more truck tires and is one of the leaders in large-OTR tires and aircraft tires. However the $90bn PCLT tire sector is the key battleground for the largest players in the global tire market.

We assess the potential for these competitors in an evolving global market.