Triangle Tyre

What Triangle Tyre does

Triangle Tyre is a Chinese tire manufacturer founded in 1976 and headquartered in Weifang, China. It is publicly listed on the Shanghai Stock Exchange (sse:601163) and operates with a workforce of 10,000+ employees. Its core product portfolio consists of high-performance passenger car tires and commercial vehicle tires, with adjacent offerings in off-the-road (OTR) tires for mining and construction, and radial agricultural tires for tractors and farming equipment. The company uses self-developed proprietary tire manufacturing technology rather than licensed processes, which it is replicating at its new Svay Rieng, Cambodia facility.

The company's revenue model is hardware sales: it manufactures finished tires and sells them through export-oriented distribution into North America, Europe, the Middle East, Africa, and Southeast Asia. Pricing is not publicly disclosed and is described as B2B and quote-based. Customer segmentation is horizontal across use cases (automotive replacement, mining/construction, agriculture) rather than concentrated in named anchor accounts.

Triangle Tyre is currently executing a significant capacity expansion: a $462 million tire plant in Svay Rieng province, Cambodia, scheduled to begin construction in March 2026 with annual capacity of 6 million passenger car tires and 1 million commercial vehicle tires. The facility is projected to generate approximately $371 million in annual operating revenue at a 15.1% investment return rate. Historical revenue from 2021 to 2025 has ranged in a narrow band around $1.3–1.5 billion annually, with no clear secular trend. The company was recognized among the Top 10 Tire Brands in the ApexTire2025 China Tire Awards alongside Michelin, Continental, Bridgestone, Goodyear, and Pirelli.

Name

Triangle Tyre

Legal name

Triangle Tyre

Website

https://triangle.com.cn

Company type

Private

Founded year

1976

Operating status

Operating

Headcount range

5,001–10,000 employees

Short description

Triangle Tyre is a Chinese tire manufacturer founded in 1976, producing high-performance passenger, commercial vehicle, OTR, and agricultural radial tires for global export markets across five regional blocs.

Ownership category

akta.pro rank

Product category

Tire Manufacturing

NAICS

Tire Manufacturing (except Retreading) (326211), Tire Manufacturing (32621)

SIC

Tires & Inner Tubes (3011), Motor Vehicle Parts & Accessories (3714)

akta.pro primary industry

Passenger Car Tires Manufacturing (IMANAKAA)

akta.pro secondary industries

Off-the-Road (OTR) & Heavy Equipment Tires Manufacturing (IMANAKAD), Agricultural Tires Manufacturing (IMANAKAE), Tires Manufacturing (IMACAIAK)

Keywords

• Tire manufacturing
• Passenger car tires
• Commercial vehicle tires
• Radial tires
• Off-the-road tires

Headquarters

HQ city

Weihai

HQ country

China

HQ region

Asia

Offices2 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Supply Chain, Operations, Personnel, Technology or R&D, Infrastructure

Revenue model

1. Tire Manufacturing and Sales: Triangle Tyre generates revenue through the manufacturing and sale of high-performance passenger car tires and commercial vehicle tires. The company operates manufacturing facilities and sells finished tire products to end-user markets including North America, Europe, Middle East, Africa, and Southeast Asia.

Go-to-market motion1 record

Distribution channels1 record

Core offering

Triangle Tyre is a Chinese tire manufacturer that designs, produces, and sells high-performance passenger car tires and commercial vehicle tires. The company is expanding its global manufacturing footprint with a new $462 million plant in Svay Rieng province, Cambodia, which will add annual capacity of 6 million passenger car tires and 1 million commercial vehicle tires using the company's self-developed tire manufacturing technology.

Product overview

Triangle Tyre is a tire manufacturing company that produces high-performance passenger car tires and commercial vehicle tires. The company's product portfolio consists of two main tire categories: passenger car tires (with 6 million unit annual capacity from the planned Cambodia facility) and commercial vehicle tires (with 1 million unit annual capacity from the planned Cambodia facility). The company is expanding its global manufacturing footprint with a new $462 million plant in Cambodia using proprietary self-developed tire manufacturing technology.

Differentiator

Problem solved

Functional benefit

Products and services

• High-Performance Passenger Car Tires High-performance radial tires designed for passenger vehicles, intended for tire replacement and OEM channels. Planned production capacity of 6 million units annually at the new Cambodia facility, serving global export markets.
• Commercial Vehicle Tires Tires engineered for commercial vehicles, including trucks and heavy-duty transport. Planned production capacity of 1 million units annually at the new Cambodia facility, serving global export markets.
• Off-the-Road (OTR) Tires Heavy-duty off-the-road tires for mining, construction, and heavy agriculture equipment, designed for demanding off-road environments.
• Agricultural Tires High-performance radial tires for tractors and farming equipment, addressing demand for advanced farming equipment tires.

Quantifiable outcome

• Projected $371 million annual operating revenue from Cambodia facility
• +2 more outcomes

Segments3 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature1 record

Scale indicators6 records

Recent moves5 records

Expansion highlights4 records

Direct peers

• Continental: European tier-1 tire manufacturer with strong passenger and commercial vehicle tire lines. Direct competitor in European replacement-tire channels that Triangle's Cambodia plant is designed to serve.
• Goodyear: Major global tire producer with extensive passenger, commercial, and OTR portfolios. Competes directly with Triangle in North American and EMEA replacement-tire markets, and was co-recognized with Triangle in the ApexTire2025 awards.
• Bridgestone: World's largest tire manufacturer with comprehensive passenger, commercial, and OTR tire portfolios. Competes head-to-head with Triangle in replacement markets across MEA, Southeast Asia, and other export regions targeted by Triangle's Cambodia plant.
• Michelin: Global tire manufacturing leader producing passenger, commercial, and specialty tires. Direct competitor to Triangle Tyre across multiple product categories and global replacement-tire channels, and explicitly listed alongside Triangle in the ApexTire2025 China Tire Awards.
• Pirelli: Premium-tier global tire manufacturer focused on passenger and high-performance tires. Overlaps directly with Triangle's high-performance passenger tire segment and was recognized alongside Triangle in ApexTire2025.
• Sentury Tire: Chinese tire manufacturer with international manufacturing footprints (including Thailand) and growing global export presence. Comparable to Triangle in its Chinese-origin, export-led, overseas-manufacturing strategy.
• Kumho Tire: South Korean tire producer competing in passenger, commercial, and OTR segments. Comparable to Triangle in scale and global replacement-market reach, especially across MEA and Asia-Pacific.
• Sumitomo Rubber Industries (Dunlop): Japanese tire manufacturer producing passenger, commercial, and OTR tires under Dunlop and Falken brands. Competes with Triangle across global replacement markets and Asian export channels.
• Hankook Tire: South Korean tire manufacturer with global passenger, commercial, and OTR portfolios. Direct competitor in replacement markets across Europe, North America, and Southeast Asia, with comparable mid-to-premium positioning.
• Zhongce Rubber Group (ZC Rubber): One of China's largest tire manufacturers producing passenger, commercial, and OTR tires with significant global export reach. Closest China-headquartered direct competitor to Triangle Tyre in scale, product mix, and overseas expansion strategy.

Market position

Strengths5 records

Weaknesses4 records

Competitive moat4 records

Key risks5 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/triangle-tyre

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Triangle Tyre