Of the North American Top 50, 16 of the firms derive at least a portion of their sales from tires. The newest addition to that list was Giti Tire (USA) Ltd., which made its debut in the rankings tied for No. 25 with estimated North American revenues of $600 million for 2018. Giti opened its first North American tire factory in the second half of 2017, and a company must have a manufacturing presence on the continent to be eligible.
The other two newcomers to the rankings were FlexFab L.L.C. and the U.S. business unit of Datwyler Holding A.G. The two tied for No. 50 with $120 million in revenues, with FlexFab returning to the rankings after an absence and Datwyler making its debut, after opening a new U.S. plant and posting growth in North America.
Those dropping off the list were Fenner, with its purchase by Michelin, and Nishikawa Cooper L.L.C, for which sales data from 2018 wasn't available.
Like the North American rankings, there wasn't a lot of shuffling among the leaders, with the top five spots unchanged.
Continental once again ranked as No. 1, with its ContiTech unit posting 2018 non-tire rubber product sales of $6.81 billion, followed closely by Freudenberg Group at No. 2 with $6.68 billion.
Rounding out the top five were Hutchinson at $5.78 billion, Sumitomo Riko at an estimated $4.05 billion and Cooper Standard at an estimated $3.45 billion, the highest ranking U.S.-based firm on the list.
There was some shakeup in the rest of the Top 10, with Gates moving up two spots to No. 6 with $3.35 billion; Bridgestone down a spot to No. 7 at $3.31 billion; NOK Inc. also down one to No. 8 with $3.26 billion; Parker-Hannifin climbing two spots to No. 9 with an estimated $2.86 billion; and Trelleborg remaining steady at No. 10 with $2.81 billion.
Malaysia's Supermax Corp., a producer of latex gloves, debuted on the list at No. 12 with $1.96 billion. Michelin also debuted on the list at No. 43 with $613.2 million, off of Fenner-related revenue posted after the acquisition became final.
The U.S. had the most companies represented in the Non-Tire Top 50, with 17. That was followed by Japan with 13 and Germany with six. Other nations with multiple entries included France with three and China, Sweden and Malaysia with two each. Those with one company making the rankings were the United Kingdom, Australia, South Korea, Austria and Switzerland.