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Tire Market Size & Share, by Vehicle Type (Passenger Cars, Commercial Vehicles, Two Wheeler); Season Type (Summer Tires, Winter Tires, All-Season Tires); Application (On-the-Road, Off-the-Road); Rim Size (13-15 inches, 16-18 inches, 19-21 inches, Above 21 inches); Tire Tube (Tubeless, Tube); End user; Distribution Channel; Design - Global Supply & Demand Analysis, Growth Forecasts, Statistics Report 2026-2035

  • Report ID: 7706
  • Published Date: Jul 03, 2025
  • Report Format: PDF, PPT

Global Tire Market

  1. An Outline of the Global Tire Market  
    1. Market Definition
    2. Market Segmentation
  2. Assumptions and Abbreviations 
  3. Research Methodology & Approach
    1. Secondary Research
    2. Primary Research
    3. Data Triangulation
    4. SPSS Approach
  4. Executive Summary
  5. Unlocking Tire Insights: TBR, LTR, PCR Explained
  6. Analyzing Top TBR Tire Manufacturers: Financial Strength and Market Share
  7. Analyzing Top LTR Tire Manufacturers: Financial Strength and Market Share
  8. Analyzing Top PCR Tire Manufacturers: Financial Strength and Market Share
  9. Replacement vs. OEM: Brazil Tire Market Leaders
  10. Tire Market: Major Wholesalers and Their Business Profiles
  11. PCR Tire Retailers: Online vs. Offline Market Share Breakdown
  12. Online vs. Offline: PCR Tire Market Growth Outlook
  13. Top Online PCR Tire Retailers: Products, Sales, and Market Share Analysis
  14. Offline PCR Tire Market Outlook by Outlet Type
  15. Leading Offline PCR Tire Retailers: Sales Distribution by Outlet Type
  16. TBR & LTR Retail Landscape: Market Size by Outlet Type
  17. Top TBR & LTR Retailers: Sales, Market Share, and Distribution Insights
  18. Comparative Positioning
  19. Competitive Landscape
  20. Competitive Model
    1. Market Share
    2. Company Profile
      1. Bridgestone Corporation
      2. Continental AG
      3. Hankook Tire & Technology
      4. Maggion
      5. MICHELIN
      6. NEXEN TIRE
      7. Pirelli & C. S.p.A.
      8. Pneus Technic
      9. Rinaldi Tyres
      10. The Goodyear Tire & Rubber Company
      11. THE YOKOHAMA RUBBER CO., LTD.
      12. Titan International, Inc.
      13. Toyo Tire Corporation
  21.  Global Outlook and Projections
    1. Global Overview
      1. Market Revenue by Value (USD Million), and Compound Annual Growth Rate (CAGR)
    2. Global Segmentation (USD million), 2026-2035, By
      1. By Vehicle Type
        1. Passenger Cars, Market Value (USD Million), Volume (Thousand Units), and CAGR, 2026-2035F
        2. Commercial Vehicle, Market Value (USD Million), Volume (Thousand Units), and CAGR, 2026-2035F
        3. Two Wheeler, Market Value (USD Million), Volume (Thousand Units), and CAGR, 2026-2035F
      2. By Season Type
        1. Summer Tires, Market Value (USD Million), Volume (Thousand Units), and CAGR, 2026-2035F
        2. Winter Tires, Market Value (USD Million), Volume (Thousand Units), and CAGR, 2026-2035F
        3. All-Season Tires, Market Value (USD Million), Volume (Thousand Units), and CAGR, 2026-2035F
      3. By Application
        1. On-the-Road, Market Value (USD Million), and CAGR, 2026-2035F
        2. Off-the-Road, Market Value (USD Million), and CAGR, 2020-2035F
      4. By Rim Size
        1. 13-15 inches, Market Value (USD Million), and CAGR, 2026-2035F
        2. 16-18 inches, Market Value (USD Million), and CAGR, 2026-2035F
        3. 19-21 inches, Market Value (USD Million), and CAGR, 2026-2035F
        4. Above 21 inches, Market Value (USD Million), and CAGR, 2026-2035F
      5. By Tire Tube
        1. Tubeless, Market Value (USD Million) and CAGR, 2026-2035F
        2. Tube, Market Value (USD Million) and CAGR, 2026-2035F
      6. By End User
        1. Original Equipment Manufacturer (OEM), Market Value (USD Million), and CAGR, 2026-2035F
        2. Aftermarket, Market Value (USD Million) and CAGR, 2026-2035F
      7. By Distribution Channel
        1. Online, Market Value (USD Million) and CAGR, 2026-2035F
        2. Offline, Market Value (USD Million) and CAGR, 2026-2035F
      8. By Design
        1. Radial Tires, Market Value (USD Million), Volume (Thousand Units) and CAGR, 2026-2035F
          1. TBR (Truck and Bus Radial), Market Value (USD Million), Volume (Thousand Units), and CAGR, 2026-2035F
          2. LTR (Light Truck Radial), Market Value (USD Million), Volume (Thousand Units), and CAGR, 2026-2035F
          3. PCR (Passenger Car Radial), Market Value (USD Million), Volume (Thousand Units), and CAGR, 2026-2035F
          4. Two Wheeler, Market Value (USD Million), Volume (Thousand Units), and CAGR, 2026-2035F
        2. Bias Tires, Market Value (USD Million), Volume (Thousand Units), and CAGR, 2026-2035F
      9. Regional Synopsis, Value (USD million), 2026-2035
        1. North America Market Value (USD Million), Volume (Million Units), and CAGR & Y-o-Y Growth Trend, 2026-2035F 
        2. Europe Market Value (USD Million), Volume (Million Units), and CAGR & Y-o-Y Growth Trend, 2026-2035F 
        3. Asia Pacific Market Value (USD Million), Volume (Million Units), and CAGR & Y-o-Y Growth Trend, 2026-2035F 
        4. Latin America Market Value (USD Million), Volume (Million Units), and CAGR & Y-o-Y Growth Trend, 2026-2035F 
        5. Middle East and Africa Market Value (USD Million), Volume (Million Units), and CAGR & Y-o-Y Growth Trend, 2026-2035F 
  22. North America Market
    1. Overview
      1. Market Revenue by Value (USD Million), and Compound Annual Growth Rate (CAGR)   
      2. Increment $ Opportunity Assessment, 2026-2035 
    2. Segmentation (USD million), 2026-2035, By
      1. By Vehicle Type
        1. Passenger Cars, Market Value (USD Million), Volume (Thousand Units), and CAGR, 2026-2035F
        2. Commercial Vehicle, Market Value (USD Million), Volume (Thousand Units), and CAGR, 2026-2035F
        3. Two Wheeler, Market Value (USD Million), Volume (Thousand Units), and CAGR, 2026-2035F
      2. By Season Type
        1. Summer Tires, Market Value (USD Million), Volume (Thousand Units), and CAGR, 2026-2035F
        2. Winter Tires, Market Value (USD Million), Volume (Thousand Units), and CAGR, 2026-2035F
        3. All-Season Tires, Market Value (USD Million), Volume (Thousand Units), and CAGR, 2026-2035F
      3. By Application
        1. On-the-Road, Market Value (USD Million), and CAGR, 2026-2035F
        2. Off-the-Road, Market Value (USD Million), and CAGR, 2020-2035F
      4. By Rim Size
        1. 13-15 inches, Market Value (USD Million), and CAGR, 2026-2035F
        2. 16-18 inches, Market Value (USD Million), and CAGR, 2026-2035F
        3. 19-21 inches, Market Value (USD Million), and CAGR, 2026-2035F
        4. Above 21 inches, Market Value (USD Million), and CAGR, 2026-2035F
      5. By Tire Tube
        1. Tubeless, Market Value (USD Million) and CAGR, 2026-2035F
        2. Tube, Market Value (USD Million) and CAGR, 2026-2035F
      6. By End User
        1. Original Equipment Manufacturer (OEM), Market Value (USD Million), and CAGR, 2026-2035F
        2. Aftermarket, Market Value (USD Million) and CAGR, 2026-2035F
      7. By Distribution Channel
        1. Online, Market Value (USD Million) and CAGR, 2026-2035F
        2. Offline, Market Value (USD Million) and CAGR, 2026-2035F
      8. By Design
        1. Radial Tires, Market Value (USD Million), Volume (Thousand Units) and CAGR, 2026-2035F
          1. TBR (Truck and Bus Radial), Market Value (USD Million), Volume (Thousand Units), and CAGR, 2026-2035F
          2. LTR (Light Truck Radial), Market Value (USD Million), Volume (Thousand Units), and CAGR, 2026-2035F
          3. PCR (Passenger Car Radial), Market Value (USD Million), Volume (Thousand Units), and CAGR, 2026-2035F
          4. Two Wheeler, Market Value (USD Million), Volume (Thousand Units), and CAGR, 2026-2035F
        2. Bias Tires, Market Value (USD Million), Volume (Thousand Units), and CAGR, 2026-2035F
      9.  Country Level Analysis, Value (USD million)
        1. U.S. Market Value (USD Million), Volume (Million Units), and CAGR & Y-o-Y Growth Trend, 2026-2035F 
        2. Canada Market Value (USD Million), Volume (Million Units), and CAGR & Y-o-Y Growth Trend, 2026-2035F 
  23. Europe Market
    1. Overview
      1. Market Revenue by Value (USD Million), and Compound Annual Growth Rate (CAGR)   
      2. Increment $ Opportunity Assessment, 2026-2035 
    2. Segmentation (USD million), 2026-2035, By
      1. By Vehicle Type
        1. Passenger Cars, Market Value (USD Million), Volume (Thousand Units), and CAGR, 2026-2035F
        2. Commercial Vehicle, Market Value (USD Million), Volume (Thousand Units), and CAGR, 2026-2035F
        3. Two Wheeler, Market Value (USD Million), Volume (Thousand Units), and CAGR, 2026-2035F
      2. By Season Type
        1. Summer Tires, Market Value (USD Million), Volume (Thousand Units), and CAGR, 2026-2035F
        2. Winter Tires, Market Value (USD Million), Volume (Thousand Units), and CAGR, 2026-2035F
        3. All-Season Tires, Market Value (USD Million), Volume (Thousand Units), and CAGR, 2026-2035F
      3. By Application
        1. On-the-Road, Market Value (USD Million), and CAGR, 2026-2035F
        2. Off-the-Road, Market Value (USD Million), and CAGR, 2020-2035F
      4. By Rim Size
        1. 13-15 inches, Market Value (USD Million), and CAGR, 2026-2035F
        2. 16-18 inches, Market Value (USD Million), and CAGR, 2026-2035F
        3. 19-21 inches, Market Value (USD Million), and CAGR, 2026-2035F
        4. Above 21 inches, Market Value (USD Million), and CAGR, 2026-2035F
      5. By Tire Tube
        1. Tubeless, Market Value (USD Million) and CAGR, 2026-2035F
        2. Tube, Market Value (USD Million) and CAGR, 2026-2035F
      6. By End User
        1. Original Equipment Manufacturer (OEM), Market Value (USD Million), and CAGR, 2026-2035F
        2. Aftermarket, Market Value (USD Million) and CAGR, 2026-2035F
      7. By Distribution Channel
        1. Online, Market Value (USD Million) and CAGR, 2026-2035F
        2. Offline, Market Value (USD Million) and CAGR, 2026-2035F
      8. By Design
        1. Radial Tires, Market Value (USD Million), Volume (Thousand Units) and CAGR, 2026-2035F
          1. TBR (Truck and Bus Radial), Market Value (USD Million), Volume (Thousand Units), and CAGR, 2026-2035F
          2. LTR (Light Truck Radial), Market Value (USD Million), Volume (Thousand Units), and CAGR, 2026-2035F
          3. PCR (Passenger Car Radial), Market Value (USD Million), Volume (Thousand Units), and CAGR, 2026-2035F
          4. Two Wheeler, Market Value (USD Million), Volume (Thousand Units), and CAGR, 2026-2035F
        2. Bias Tires, Market Value (USD Million), Volume (Thousand Units), and CAGR, 2026-2035F
      9.  Country Level Analysis, Value (USD million)
        1. UK Market Value (USD Million), Volume (Million Units), and CAGR & Y-o-Y Growth Trend, 2026-2035F 
        2. Germany Market Value (USD Million), Volume (Million Units), and CAGR & Y-o-Y Growth Trend, 2026-2035F 
        3. France Market Value (USD Million), Volume (Million Units), and CAGR & Y-o-Y Growth Trend, 2026-2035F 
        4. Italy Market Value (USD Million), Volume (Million Units), and CAGR & Y-o-Y Growth Trend, 2026-2035F 
        5. Spain Market Value (USD Million), Volume (Million Units), and CAGR & Y-o-Y Growth Trend, 2026-2035F 
        6. Netherlands Market Value (USD Million), Volume (Million Units), and CAGR & Y-o-Y Growth Trend, 2026-2035F 
        7. Russia Market Value (USD Million), Volume (Million Units), and CAGR & Y-o-Y Growth Trend, 2026-2035F 
        8. Switzerland Market Value (USD Million), Volume (Million Units), and CAGR & Y-o-Y Growth Trend, 2026-2035F 
        9. Poland Market Value (USD Million), Volume (Million Units), and CAGR & Y-o-Y Growth Trend, 2026-2035F 
        10. Belgium Market Value (USD Million), Volume (Million Units), and CAGR & Y-o-Y Growth Trend, 2026-2035F 
        11. Rest of Europe Market Value (USD Million), Volume (Million Units), and CAGR & Y-o-Y Growth Trend, 2026-2035F 
  24. Asia Pacific Market
    1. Overview
      1. Market Revenue by Value (USD Million), and Compound Annual Growth Rate (CAGR)   
      2. Increment $ Opportunity Assessment, 2026-2035 
    2. Segmentation (USD million), 2026-2035, By
      1. By Vehicle Type
        1. Passenger Cars, Market Value (USD Million), Volume (Thousand Units), and CAGR, 2026-2035F
        2. Commercial Vehicle, Market Value (USD Million), Volume (Thousand Units), and CAGR, 2026-2035F
        3. Two Wheeler, Market Value (USD Million), Volume (Thousand Units), and CAGR, 2026-2035F
      2. By Season Type
        1. Summer Tires, Market Value (USD Million), Volume (Thousand Units), and CAGR, 2026-2035F
        2. Winter Tires, Market Value (USD Million), Volume (Thousand Units), and CAGR, 2026-2035F
        3. All-Season Tires, Market Value (USD Million), Volume (Thousand Units), and CAGR, 2026-2035F
      3. By Application
        1. On-the-Road, Market Value (USD Million), and CAGR, 2026-2035F
        2. Off-the-Road, Market Value (USD Million), and CAGR, 2020-2035F
      4. By Rim Size
        1. 13-15 inches, Market Value (USD Million), and CAGR, 2026-2035F
        2. 16-18 inches, Market Value (USD Million), and CAGR, 2026-2035F
        3. 19-21 inches, Market Value (USD Million), and CAGR, 2026-2035F
        4. Above 21 inches, Market Value (USD Million), and CAGR, 2026-2035F
      5. By Tire Tube
        1. Tubeless, Market Value (USD Million) and CAGR, 2026-2035F
        2. Tube, Market Value (USD Million) and CAGR, 2026-2035F
      6. By End User
        1. Original Equipment Manufacturer (OEM), Market Value (USD Million), and CAGR, 2026-2035F
        2. Aftermarket, Market Value (USD Million) and CAGR, 2026-2035F
      7. By Distribution Channel
        1. Online, Market Value (USD Million) and CAGR, 2026-2035F
        2. Offline, Market Value (USD Million) and CAGR, 2026-2035F
      8. By Design
        1. Radial Tires, Market Value (USD Million), Volume (Thousand Units) and CAGR, 2026-2035F
          1. TBR (Truck and Bus Radial), Market Value (USD Million), Volume (Thousand Units), and CAGR, 2026-2035F
          2. LTR (Light Truck Radial), Market Value (USD Million), Volume (Thousand Units), and CAGR, 2026-2035F
          3. PCR (Passenger Car Radial), Market Value (USD Million), Volume (Thousand Units), and CAGR, 2026-2035F
          4. Two Wheeler, Market Value (USD Million), Volume (Thousand Units), and CAGR, 2026-2035F
        2. Bias Tires, Market Value (USD Million), Volume (Thousand Units), and CAGR, 2026-2035F
      9.  Country Level Analysis, Value (USD million)
        1. China Market Value (USD Million), Volume (Million Units), and CAGR & Y-o-Y Growth Trend, 2026-2035F 
        2. India Market Value (USD Million), Volume (Million Units), and CAGR & Y-o-Y Growth Trend, 2026-2035F 
        3. South Korea Market Value (USD Million), Volume (Million Units), and CAGR & Y-o-Y Growth Trend, 2026-2035F 
        4. Australia Market Value (USD Million), Volume (Million Units), and CAGR & Y-o-Y Growth Trend, 2026-2035F 
        5. Indonesia Market Value (USD Million), Volume (Million Units), and CAGR & Y-o-Y Growth Trend, 2026-2035F 
        6. Malaysia Market Value (USD Million), Volume (Million Units), and CAGR & Y-o-Y Growth Trend, 2026-2035F 
        7. Vietnam Market Value (USD Million), Volume (Million Units), and CAGR & Y-o-Y Growth Trend, 2026-2035F 
        8. Thailand Market Value (USD Million), Volume (Million Units), and CAGR & Y-o-Y Growth Trend, 2026-2035F 
        9. Singapore Market Value (USD Million), Volume (Million Units), and CAGR & Y-o-Y Growth Trend, 2026-2035F 
        10. New Zeeland Market Value (USD Million), Volume (Million Units), and CAGR & Y-o-Y Growth Trend, 2026-2035F 
        11. Rest of Asia Pacific Excluding Japan Market Value (USD Million), Volume (Million Units), and CAGR & Y-o-Y Growth Trend, 2026-2035F 
  25. Latin America Market
    1. Overview
      1. Market Revenue by Value (USD Million), and Compound Annual Growth Rate (CAGR)   
      2. Increment $ Opportunity Assessment, 2026-2035
      3. Year-on-Year Growth Forecast (%)
    2. Segmentation (USD million), 2026-2035, By
      1. By Vehicle Type
        1. Passenger Cars, Market Value (USD Million), Volume (Thousand Units), and CAGR, 2026-2035F
        2. Commercial Vehicle, Market Value (USD Million), Volume (Thousand Units), and CAGR, 2026-2035F
        3. Two Wheeler, Market Value (USD Million), Volume (Thousand Units), and CAGR, 2026-2035F
      2. By Season Type
        1. Summer Tires, Market Value (USD Million), Volume (Thousand Units), and CAGR, 2026-2035F
        2. Winter Tires, Market Value (USD Million), Volume (Thousand Units), and CAGR, 2026-2035F
        3. All-Season Tires, Market Value (USD Million), Volume (Thousand Units), and CAGR, 2026-2035F
      3. By Application
        1. On-the-Road, Market Value (USD Million), and CAGR, 2026-2035F
        2. Off-the-Road, Market Value (USD Million), and CAGR, 2020-2035F
      4. By Rim Size
        1. 13-15 inches, Market Value (USD Million), and CAGR, 2026-2035F
        2. 16-18 inches, Market Value (USD Million), and CAGR, 2026-2035F
        3. 19-21 inches, Market Value (USD Million), and CAGR, 2026-2035F
        4. Above 21 inches, Market Value (USD Million), and CAGR, 2026-2035F
      5. By Tire Tube
        1. Tubeless, Market Value (USD Million) and CAGR, 2026-2035F
        2. Tube, Market Value (USD Million) and CAGR, 2026-2035F
      6. By End User
        1. Original Equipment Manufacturer (OEM), Market Value (USD Million), and CAGR, 2026-2035F
        2. Aftermarket, Market Value (USD Million) and CAGR, 2026-2035F
      7. By Distribution Channel
        1. Online, Market Value (USD Million) and CAGR, 2026-2035F
        2. Offline, Market Value (USD Million) and CAGR, 2026-2035F
      8. By Design
        1. Radial Tires, Market Value (USD Million), Volume (Thousand Units) and CAGR, 2026-2035F
          1. TBR (Truck and Bus Radial), Market Value (USD Million), Volume (Thousand Units), and CAGR, 2026-2035F
          2. LTR (Light Truck Radial), Market Value (USD Million), Volume (Thousand Units), and CAGR, 2026-2035F
          3. PCR (Passenger Car Radial), Market Value (USD Million), Volume (Thousand Units), and CAGR, 2026-2035F
          4. Two Wheeler, Market Value (USD Million), Volume (Thousand Units), and CAGR, 2026-2035F
        2. Bias Tires, Market Value (USD Million), Volume (Thousand Units), and CAGR, 2026-2035F
      9.  Country Level Analysis, Value (USD million)
        1. Brazil Market Value (USD Million), Volume (Million Units), and CAGR & Y-o-Y Growth Trend, 2026-2035F 
        2. Argentina Market Value (USD Million), Volume (Million Units), and CAGR & Y-o-Y Growth Trend, 2026-2035F 
        3. Mexico Market Value (USD Million), Volume (Million Units), and CAGR & Y-o-Y Growth Trend, 2026-2035F 
        4. Rest of Latin America Market Value (USD Million), Volume (Million Units), and CAGR & Y-o-Y Growth Trend, 2026-2035F 
  26. Middle East & Africa Market
    1. Overview
      1. Market Revenue by Value (USD Million), and Compound Annual Growth Rate (CAGR)   
      2. Increment $ Opportunity Assessment, 2026-2035
      3. Year-on-Year Growth Forecast (%)
    2. Segmentation (USD million), 2026-2035, By
      1. By Vehicle Type
        1. Passenger Cars, Market Value (USD Million), Volume (Thousand Units), and CAGR, 2026-2035F
        2. Commercial Vehicle, Market Value (USD Million), Volume (Thousand Units), and CAGR, 2026-2035F
        3. Two Wheeler, Market Value (USD Million), Volume (Thousand Units), and CAGR, 2026-2035F
      2. By Season Type
        1. Summer Tires, Market Value (USD Million), Volume (Thousand Units), and CAGR, 2026-2035F
        2. Winter Tires, Market Value (USD Million), Volume (Thousand Units), and CAGR, 2026-2035F
        3. All-Season Tires, Market Value (USD Million), Volume (Thousand Units), and CAGR, 2026-2035F
      3. By Application
        1. On-the-Road, Market Value (USD Million), and CAGR, 2026-2035F
        2. Off-the-Road, Market Value (USD Million), and CAGR, 2020-2035F
      4. By Rim Size
        1. 13-15 inches, Market Value (USD Million), and CAGR, 2026-2035F
        2. 16-18 inches, Market Value (USD Million), and CAGR, 2026-2035F
        3. 19-21 inches, Market Value (USD Million), and CAGR, 2026-2035F
        4. Above 21 inches, Market Value (USD Million), and CAGR, 2026-2035F
      5. By Tire Tube
        1. Tubeless, Market Value (USD Million) and CAGR, 2026-2035F
        2. Tube, Market Value (USD Million) and CAGR, 2026-2035F
      6. By End User
        1. Original Equipment Manufacturer (OEM), Market Value (USD Million), and CAGR, 2026-2035F
        2. Aftermarket, Market Value (USD Million) and CAGR, 2026-2035F
      7. By Distribution Channel
        1. Online, Market Value (USD Million) and CAGR, 2026-2035F
        2. Offline, Market Value (USD Million) and CAGR, 2026-2035F
      8. By Design
        1. Radial Tires, Market Value (USD Million), Volume (Thousand Units) and CAGR, 2026-2035F
          1. TBR (Truck and Bus Radial), Market Value (USD Million), Volume (Thousand Units), and CAGR, 2026-2035F
          2. LTR (Light Truck Radial), Market Value (USD Million), Volume (Thousand Units), and CAGR, 2026-2035F
          3. PCR (Passenger Car Radial), Market Value (USD Million), Volume (Thousand Units), and CAGR, 2026-2035F
          4. Two Wheeler, Market Value (USD Million), Volume (Thousand Units), and CAGR, 2026-2035F
        2. Bias Tires, Market Value (USD Million), Volume (Thousand Units), and CAGR, 2026-2035F
      9.  Country Level Analysis, Value (USD million)
        1. Saudi Arabia Market Value (USD Million), Volume (Million Units), and CAGR & Y-o-Y Growth Trend, 2026-2035F 
        2. UAE Market Value (USD Million), Volume (Million Units), and CAGR & Y-o-Y Growth Trend, 2026-2035F 
        3. Israel Market Value (USD Million), Volume (Million Units), and CAGR & Y-o-Y Growth Trend, 2026-2035F 
        4. Qatar Market Value (USD Million), Volume (Million Units), and CAGR & Y-o-Y Growth Trend, 2026-2035F 
        5. Kuwait Market Value (USD Million), Volume (Million Units), and CAGR & Y-o-Y Growth Trend, 2026-2035F 
        6. Oman Market Value (USD Million), Volume (Million Units), and CAGR & Y-o-Y Growth Trend, 2026-2035F 
        7. South Africa Market Value (USD Million), Volume (Million Units), and CAGR & Y-o-Y Growth Trend, 2026-2035F 
        8. Rest of Middle East & Africa Market Value (USD Million), Volume (Million Units), and CAGR & Y-o-Y Growth Trend, 2026-2035F 
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Tire Market Outlook:

Tire Market size was valued at USD 256.1 billion in 2025 and is projected to reach a valuation of USD 471.7 billion by the end of 2035, rising at a CAGR of 6.3% during the forecast period, i.e., 2026-2035. In 2026, the industry size of tire is evaluated at USD 272.3 billion.

The tire market is experiencing significant growth as firms consider innovation due to electrification, sustainability regulations, and networked mobility. In March 2024, Michelin launched the e. Primacy, the most efficient EV tire in terms of energy consumption, boasts a 15% drop in rolling resistance and is now produced across Europe and the U.S. This innovation is a testament to the industry's focus on growing EV range and lowering emissions. Governments are setting tire wear particles more and more strictly and demanding eco-labels. Moreover, tire market growth is driven by digitalization, tighter regulation, and high demand for high-performance, low-impact tires.

One of the crucial opportunities is in networked and intelligent tire technology, with fleets and manufacturers needing live data for predictive maintenance and safety. In April 2024 at Auto Shanghai, Pirelli unveiled its Cyber Tyre with onboard sensors to provide real-time pressure, wear, and temperature monitoring and predictive alerts via in-car networks. Governments are funding R&D of intelligent tire systems, and in April 2024, Canada granted funds to develop embedded sensors projects. The market is also supported by a greater focus on tire recycling, with new Asian and EU regulations driving circular economy models and green materials adoption.

Tire Market Size
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Growth Drivers

  • Electrification of vehicle fleets: One of the considerable growth drivers is the electrification of commercial and passenger vehicle fleets, which is rewriting tire design and OEM collaborations. Sumitomo Rubber launched Falken e.Ziex globally in March 2024, tailored to EV-specific rolling and noise demands, and captured rapid adoption in the EU and ASEAN markets. Fleet electrification is increasing demand for lower rolling resistance tires, higher torque capability, and longer lifetimes, and forcing manufacturers to invest in R&D of next-generation compounds and digital twins in order to mitigate performance.

  • AI and digital manufacturing: Another driver is the significant adoption of AI and digital manufacturing technologies, which are revolutionizing product design and quality control. In May 2024, Hankook established an R&D center in Seoul dedicated to AI tire modeling, applying digital twins to cut physical test cycles by 40%. The developments support quicker innovation, enhanced safety, and increased personalization, allowing manufacturers to address changing regulatory and customer expectations for durability and sustainability.

Tire Supply Chain Overview, Trends, and Market Impact

The global tire market is in the midst of an age of rapid technology adoption and heightened supply chain sophistication. Disruptions over the past few years have come from fluctuations in raw material prices, geopolitical tensions around rubber-producing regions, and logistics issues. In order to react, leading tire manufacturers are accelerating the digitalization of their supply bases, investing in predictive analytics based on artificial intelligence, blockchain for track-and-trace, and real-time data analytics to enhance visibility and control.

Companies are proactively diversifying the supplier base, reducing reliance on one region, and reshoring some manufacturing operations to mitigate transport risks. Sustainability increasingly takes center stage, with manufacturers embracing recycled and renewable content, lowering COâ‚‚ emissions, and sourcing more components locally to cut costs and environmental impact. These efforts are not only fortifying supply chain resilience but also shaping a leaner and greener tire market landscape.

Supply Chain Resilience Strategies in the Tire Industry

Strategy/Initiative

Company/Region

Quantitative Outcome/Year

AI-driven predictive analytics reduced raw material lead times

Major Tire Manufacturer

15% reduction in lead times (2023)

AI-enabled forecasting reduced inventory costs

Industry-wide

12% reduction in inventory costs (2024)

AI-based predictive maintenance reduced plant downtime

Industry-wide

20% reduction in downtime (2024)

Blockchain for ethical sourcing of natural rubber

Michelin, Bridgestone

Implementation in supply lines (2024)

Supplier diversification reduced production shortages

Major Tire Company

20% reduction during geopolitical events (2024)

Local supplier adoption for steel cord

Major Tire Manufacturer

10% logistics cost savings, 12% COâ‚‚ cut (2024)

Renewable/recycled materials in tire production

Continental

26% share in 2024, target >40% by 2030

JIT inventory systems reduced holding costs

Industry-wide

15–25% reduction in holding costs

Cross-docking reduced warehouse costs

Industry-wide

20–30% reduction in warehouse costs

AI adoption in supply chain management

Industry-wide

65% of manufacturers (2024)

Goodyear U.S. expansion for reshoring

Goodyear (U.S.)

$500 million investment (2024)

Plant COâ‚‚ emission reduction (SBTi certified)

Bridgestone

SBT certification, ongoing COâ‚‚ reduction

Tire Price History and Technological Impact (2020-2024)

Tire prices have fluctuated over the past five years with raw material volatility, logistics disruptions, and the rapid pace of technological innovation. All three segments of tires—passenger car, commercial vehicle, and off-the-road (OTR)—have seen prices increase, but the quantum varies by geography. North America has seen sharper price increases due to tariffs and transportation costs, while the price increase in Europe has been cushioned by productivity gains due to automation and more modern materials. In Asia, increases in demand for premium and smart tires have driven costs higher, especially in the OTR segment.

While technologies like smart tire tech, advanced composites, and automation have raised initial production costs, they have simultaneously improved tire performance and durability, sometimes justifying the price increase. Automation in Europe has greatly reduced the cost of labor, maintaining commercial tire prices constant. However, the rapid adoption of smart tire technology in Asia has resulted in aggressive price hikes in niche markets. Trends such as these are evidence of a market in transition where regional conditions and technology adoption directly influence price and competitiveness in the tire market.

Product/Region/Tech Impact

2020

2021

2022

2023

2024

5-Year Change (%)

Notes

Passenger Car Tires (North America)

$102

$105

$109

$116

$120

+18

Avg. +4%/yr; tariffs and raw material hikes

Passenger Car Tires (Europe)

$100

$102

$105

$107

$108

+8

Automation reduced cost increases (esp. commercial tires)

Passenger Car Tires (Asia)

$94

$95

$98

$104

$109

+16

Premiumization, smart tire demand

Commercial Vehicle Tires (N. America)

$211

$220

$225

$233

$253

+20

Automation offset by tariffs; +9% in 2024

Commercial Vehicle Tires (Europe)

$203

$206

$209

$209

$211

+4

Automated manufacturing cut costs by 10% in 2023

Commercial Vehicle Tires (Asia)

$186

$190

$193

$202

$212

+14

Advanced composites, local demand

OTR Tires (Asia, Smart Tech)

$411

$429

$466

$494

$527

+28

Smart tire tech drove +15% (2022-2024)

OTR Tires (N. America)

$401

$414

$429

$443

$457

+14

Less tech impact than Asia

OTR Tires (Europe)

$396

$403

$412

$419

$424

+7

Stable due to automation

Sustainability Trends and Their Impact on the Tire Market

The global tire market is evolving rapidly toward sustainability, driven by regulatory demands, customer requirements, and corporate responsibility. Large tire manufacturers are taking real steps to reduce carbon emissions, such as turning to renewable energy, adopting energy-efficient manufacturing, and utilizing circular economy principles. Continental, Michelin, and Goodyear are among the pioneers, setting ambitious carbon neutrality targets and investing in renewable energy infrastructure. For example, Continental's Lousado plant achieved COâ‚‚-neutral production in 2024 by using electric boilers powered by solar and renewable grid electricity. Michelin has surpassed its 2030 intermediate goal with prototype tires using 45–58% sustainable content and is setting a goal for 100% bio-sourced or recycled by 2050. Goodyear is striving for net-zero value chain emissions by 2050 with intermediate goals for 2030 that have been ratified by the Science-Based Targets initiative.

Recycling and waste reduction are also central to it, with Liberty Tire Recycling boasting an 81.1% rate of end-of-life tire recovery and a zero-waste 2030 target. These initiatives, aside from reducing environmental prints, establish brand value, initiate new revenue streams, and enhance efficiency in operations. Its long-term plan relies on total carbon neutrality, closed-loop recycling, and the utilization of as much renewable energy as available by 2030-2040, reformatting competition, and establishing new benchmarks for sustainable manufacturing.

Company

Sustainability Initiatives

Goals & Vision 

Impact on Business

Continental

Reduced COâ‚‚ emissions by 31,000 tons in 2023; Lousado plant COâ‚‚-neutral in 2024; 150 GWh energy cut via 160 projects

100% carbon-neutral production by 2040; +20% energy savings

Enhanced brand image, cost savings, regulatory lead

Michelin

Tires with 45–58% sustainable materials (2024); exceeded the 2030 target of 40% sustainable content

100% bio/recycled materials by 2050; 40% by 2030

Improved brand value, leadership in the EV tire segment

Goodyear

Committed to net-zero emissions by 2050; 46% Scope 1/2 and 28% Scope 3 reduction by 2030 (from 2019 baseline)

Net-zero by 2050; SBTi-validated 2030 targets

Strong ESG profile, increased stakeholder confidence

Liberty Tire Recycling

81.1% recovery rate for end-of-life tires; Recircle Award for circular economy; zero-waste by 2030

Zero waste by 2030

New revenue from recycled products, the circular economy

Challenges

  • Environmental regulations on tire wear: One of the significant issues is the rising environmental regulations on tire wear particles and microplastic emissions. For example, the EPA and U.S. Department of Transportation began reviewing tire wear particle emissions in October 2024, and new regulations were likely to influence tread compound formulation and long-term compliance. The companies now have to invest in R&D for creating compounds with lower particulate release without affecting performance, increasing the cost and complexity of the product development.
     
  • End-of-life tire recycling and producer responsibility: Another challenge is the global trend towards more stringent end-of-life tire recycling and producer responsibility. In February 2025, Germany's BMUV introduced a proposal for mandatory material recovery requirements for end-of-life tires, starting in 2026. The policy promotes crumbing and devulcanization technology, helping to support Germany's goals of zero-landfill but requiring producers to redesign recycling logistics and invest in new processing plants.

Tire Market Size and Forecast:

Report Attribute Details

Base Year

2025

Forecast Year

2026-2035

CAGR

6.3%

Base Year Market Size (2025)

USD 256.1 billion

Forecast Year Market Size (2035)

USD 471.7 billion

Regional Scope

  • North America (U.S. and Canada)
  • Asia Pacific (Japan, China, India, Indonesia, Malaysia, Australia, South Korea, Rest of Asia Pacific)
  • Europe (UK, Germany, France, Italy, Spain, Russia, NORDIC, Rest of Europe)
  • Latin America (Mexico, Argentina, Brazil, Rest of Latin America)
  • Middle East and Africa (Israel, GCC North Africa, South Africa, Rest of the Middle East and Africa)
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Tire Market Segmentation:

Vehicle Type Segment Analysis

The passenger cars segment is anticipated to retain a 52% share during the forecast period, boosted by rising vehicle ownership, urbanization, and penetration of electric and hybrid variants. In February 2024, Yokohama finalized the acquisition of Trelleborg Wheel Systems for USD 2.1 billion to diversify its portfolio to meet needs in over 80 countries and affirm its market leadership in passenger and off-highway tire markets. Partnerships with carmakers and demand for specialized EV-ready tires fuel growth and innovation in the segment. The segment is also fueled by the expansion of premium and all-season tires, with consumers expecting safety, comfort, and reliability year-round. OEM collaborations and computer simulation technology enable faster development of tailored solutions for new vehicle platforms.

Season Type Segment Analysis

All-season tires segment is anticipated to hold a 60% tire market share by 2035 as customers prefer enhanced convenience and versatility. Toyo Tires introduced the Celsius Sport 2 in North America in January 2024, positioned at high-performance SUVs and hybrids, with emphasis on all-season speed and traction. The segment also benefits from evolving tread compounds and growing use of SUVs and crossovers, requiring powerful, year-round performance. All-season tires are becoming popular for variable weather without seasonal change. Regulatory directions such as U.S. NHTSA's new all-season tire wet grip regulation in February 2024 are heightening the expectations of safety and performance. While consumers and manufacturers emphasize economics and versatility, the all-season segment is expected to witness long-term growth.

Application Segment Analysis

The on-the-road segment is estimated to gather around 86% share through 2035, owing to the features of passenger and commercial vehicles on asphalt roads. In September 2024, Nokian Tyres opened a new Tennessee factory in the U.S., expanding production capacity for EV and all-weather tires through automation-driven manufacturing. It enhances delivery timelines and locks in the supply chain for North America road tire demand. In addition, urbanization, e-commerce, and infrastructure growth are fueling the need for strong, high-performance road tires. Smart tires and in-matric embedded sensors for real-time monitoring are being replaced by manufacturers in favor of safety and predictive maintenance. As cities expand and fleets get refurbished, the on-the-road segment will keep leading market growth. 

Our in-depth analysis of the global tire market includes the following segments:

Segment

      Subsegments

Vehicle Type
  • Passenger Cars  
  • Commercial Vehicles  
  • Two Wheeler  

Season Type
  • Summer Tires  
  • Winter Tires  
  • All-Season Tires  

Application
  • On-the-Road  
  • Off-the-Road  

Rim Size
  • 13-15 inches  
  • 16-18 inches  
  • 19-21 inches  
  • Above 21 inches  

Tire Tube
  • Tubeless  
  • Tube  

End user
  • Original Equipment Manufacturer (OEMs)   
  • Aftermarket   

Distribution Channel
  • Online   
  • Offline  

Design
  • Radial Tires  
  • Bias Tires
Vishnu Nair
Vishnu Nair
Head - Global Business Development

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Tire Market - Regional Analysis

APAC Market Insights

Asia Pacific tire market is likely to hold 45% market share during the forecast period, owing to rapid urbanization, rising vehicle ownership, and infrastructure development. In June 2024, Sailun Tires applied real-time QA with edge computing in China, which improves consistency and promoted factory digitalization. The industry is seeing robust demand for affordable, durable, and smart tires, especially in emerging economies. Asia Pacific market growth is also driven by government incentives for EVs and tire sustainability. China and India lead both production and consumption, with local players investing in high-end materials and automation.

The growth in China tire market is underpinned by government incentives for EVs and tire sustainability, along with China's emphasis on export development and quality control. In June 2024, the NDRC invested in three tire plants to manufacture low-carbon compounds in line with China's 2030 carbon peak goal. The country's focus on export expansion has sped up modernization. China tire manufacturers are increasing the output of high-end and EV-compatible tires, with ZC Rubber inking a global OE supply deal with Hyundai in February 2024. Government plannings and funding for green materiality are turning China into a world leader in tire technology and sustainability.

India tire market is anticipated to be driven by rising vehicle production, infrastructure investment, and expansion of EVs. In August 2024, MRF launched its Chennai plant to manufacture EV-compatible radial tires with the assistance of green technology programs. The government PLI scheme for tire components is facilitating local innovation and exports. The market is also seeing increased R&D spending on airless and terrain-adjusting tires with CEAT initiating defense-sponsored projects in July 2024. As India's mobility industry transforms, the tire industry is ready to register robust, innovation-led growth.

Country Specific Data

Country/Region

2037 Revenue Share (%)

Unique Technology Focus

Key Growth Driver

Notable Project/Initiative

Japan

22.0

Airless & self-healing tires

Aging vehicle replacement

2030 Smart Tire Initiative

China

35.5

AI-optimized tread designs

EV boom & domestic demand

Belt & Road Tire Expansion Program

India

17.5

Low-cost silica compounds

Affordable mobility surge

National Tire Recycling Scheme

South Korea

9.8

Ultra-high-performance (UHP) tires

Luxury/performance vehicle growth

Jeju EV Tire Testing Hub

Australia

7.2

Mining/off-road tire innovations

Resource sector demand

Outback Tire Durability Project

Indonesia

4.5

Natural rubber sustainability

Local rubber industry expansion

20k Islands Tire Access Program

North America Market Insights

North America is anticipated to register a CAGR of 5.5% from 2026 to 2035, driven by robust vehicle manufacturing, growth in the aftermarket, and regulatory focus on tire safety and environmental friendliness. The U.S. Tire Manufacturers Association predicts 340.4 million tire shipments in 2025, its all-time high. In March 2024, Nexen Tire introduced the Roadian HTX2 for light trucks in North America with reinforced sidewalls and better tread for year-round use, targeting the growing pickup market. The regional market is also supported by government infrastructure spending and the use of smart and all-season tires. Tariffs on foreign tires and tax refunds for local production protect locals. While fleets electrify and consumers increasingly look for high-performance, sustainable options, North America remains a lucrative tire market.

The U.S. tire market continues to change with an intense emphasis on sustainability and innovation in 2025, as some manufacturers have skipped ahead to the utilization of bio-based rubber formulations to reduce reliance on traditional petrochemical feedstocks. This trend is paralleling federal initiatives promoting green production and carbon reduction in the automotive supply chain. Growing development of connected vehicle technology is also fueling demand for smart tires with sensors to monitor tire condition and performance in real-time. The recently proposed infrastructure bill by the U.S. government contains incentives for the financing of new manufacturing technologies that are emerging, further bolstering the potential for growth in the tire market. With shifting consumer patterns towards sustainability and performance tires, the market will develop steadily with the support of innovation and regulation.

Canada tire market is developing robustly with government incentives towards sustainable production and the circular economy model. Canada tire manufacturers have increased investment in recycling technology during January 2025 so that more end-of-life tires can be recovered and fewer are sent to landfills. The Clean Growth Program of the federal government has put money into funding innovation in low-emission tire production, encouraging the use of renewable material and energy-efficient processes. This, in addition, growth in electric vehicle uptake in Canada is driving demand for high-performance tires focused on greater range and stamina.

Europe Market Insights

Europe tire market is set to drive significant growth between 2026 and 2035, underpinned by EV uptake, sustainability laws, and premium tire demand. The EU Deforestation Regulation and new abrasion tests are driving innovation in sustainable materials and low-emission production. Intelligent and all-weather tires are being produced in greater volume, with Nokian Tyres launching the Seasonproof 2 in March 2025 with 38% renewable and recycled material content. Circular economy and zero CO2 emission factories are leading the charge on Europe's industry benchmarking. As regulatory pressures become tighter and consumer awareness heightens, the region promises strong market growth.

Germany tire market is expanding due to the burgeoning EV production, sustainability, and high-performance tire demand. In April 2024, Continental initiated tests of eco-labeled smart tires with IoT sensors to register less pollution and better fuel efficiency. The nation manufactured 4.1 million vehicles in 2023, 1.27 million of which were electric, increasing demand for specialized tires. Enforcing stringent environmental laws and transitioning toward renewable materials are compelling manufacturers to tread new paths in tread compounds and recycling. Being the second-largest EV producer in the world, Germany's status is propelling the use of advanced, green tires. The market is further fueled by rising online sales of car tires and digital retailing.

The UK tire market is set to be fueled by increased vehicle ownership, digitalization, and sustainability. In July 2024, the Department for Transport introduced new e-scooter tire safety regulations requiring wet grip and puncture-resistant performance standards from all OEM and aftermarket producers. Demand for all-weather tires is on the rise, offering the UK's unpredictable weather versatility. Digitalization is revamping the marketplace, with individuals buying more tires online and searching for details on ecologically friendly options.

Country Specific Insights

Country

2037 Revenue Share (%)

% of Auto Budget (2023)

Key Insights

United Kingdom

21.0

7.5

Smart tire sensors, winter tire demand surge, post-Brexit trade adjustments

Germany

23.5

8.0

Leader in sustainable tires, 25% EU export share, premium EV tire R&D

France

16.0

6.8

Circular economy focus, retread mandates, Michelin’s airless tire dominance

Italy

12.5

6.0

High-performance tire hub, Pirelli’s 5G-connected tire trials

Spain

9.0

5.5

Export hub for Africa/LATAM, renewable-material tire pilot plants
Tire Market Share
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Key Tire Market Players:

    The competition in the tire market is intense, with leaders investing in R&D, sustainability, and digitalization to gain a competitive edge. Key players are creating international footprints, forming strategic alliances, and launching new products for EV, smart mobility, and circular economy models. A major recent development came in May 2024, when JK Tyre introduced AI-enabled Smart Tires for commercial fleets, achieving a 7% fuel efficiency gain during fleet tests. The launch cemented JK Tyre's position as a leader in smart mobility logistics and demonstrates the market trend towards connected data-driven solutions. As regulatory pressure and consumer push increase, competition will increase, driving more innovations in materials, digitalization, and sustainability across the tire market.

    Here are some leading companies in the tire market:

    Company Name

    Country

    Market Share Est. 2037

    Michelin

    France

    15.5%

    Bridgestone

    Japan

    14.0%

    Goodyear

    U.S.

    8.8%

    Continental

    Germany

    7.2%

    Pirelli

    Italy/China

    4.5%

    Sumitomo Rubber

    Japan

    xx%

    Hankook Tire

    South Korea

    xx%

    Yokohama Rubber

    Japan

    xx%

    Zhongce Rubber (ZC)

    China

    xx%

    Sailun Group

    China

    xx%

    Toyo Tires

    Japan

    xx%

    Maxxis (Cheng Shin)

    Taiwan

    xx%

    Kumho Tire

    South Korea

    xx%

    Apollo Tyres

    India

    xx%

    MRF Tyres

    India

    xx%

    Giti Tire

    Singapore

    xx%

    Linglong Tire

    China

    xx%

    Nexen Tire

    South Korea

    xx%

    JK Tyre

    India

    xx%

    CEAT

    India

    xx%

    Below are the areas covered for each company in the tire market:

    • Company Overview
    • Business Strategy
    • Key Product Offerings
    • Financial Performance
    • Key Performance Indicators
    • Risk Analysis
    • Recent Development
    • Regional Presence
    • SWOT Analysis

Recent Developments

  • In January 2025, Bridgestone opened a USD 550 million EV tire plant in Akron, Ohio, focusing on Enliten tires optimized for high torque and weight, and featuring AI-based quality control systems. This expands Bridgestone's U.S. EV tire production footprint.
  • In October 2024, Continental launched its Conti GreenConcept tire in Asia, debuting in Japan. Made with 35% recycled and renewable materials, the tire supports sustainability and weight reduction, with Continental aiming for global scalability by 2026.
  • In August 2024, Goodyear introduced the ElectricDrive 2 all-season tire for North America, featuring sound barrier technology and a compound for EV loads. This marks a major leap in ride comfort for electric sedans and strengthens Goodyear's EV-specific product line.
  • In July 2024, Apollo Tyres partnered with Tata Motors to co-develop EV tires featuring silica-rich compounds for heat resistance. Testing began with electric trucks in India’s logistics corridors, enhancing Apollo's profile in commercial EV segments.
  • Report ID: 7706
  • Published Date: Jul 03, 2025
  • Report Format: PDF, PPT

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Frequently Asked Questions (FAQ)

In 2025, the industry size of tire was USD 256.1 billion.

The global tire market size was USD 256.1 billion in 2025 and is expected to reach USD 471.7 billion by the end of 2035, expanding at a CAGR of 6.3% during the forecast period, i.e., 2026-2035. In 2026, the industry size of tire is expected to be valued at USD 272.3 billion.

Key players in the market are Michelin, Bridgestone, Goodyear, Continental, Pirelli, Sumitomo Rubber, Hankook Tire, Yokohama Rubber, Zhongce Rubber (ZC), Sailun Group, Toyo Tires, Maxxis (Cheng Shin), Kumho Tire, Apollo Tyres, MRF Tyres, Giti Tire, Linglong Tire, Nexen Tire, JK Tyre, CEAT.

The passenger cars segment is anticipated to lead the tire market during the forecast period.

Asia Pacific is anticipated to dominate the tire market during the forecast period.

Tire Market Report Scope

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