MarkNtel Advisors Releases Comprehensive Study on the Global Tire (Tyre) Market, Forecasting Strong Growth from 2025-2030

MarkNtel Advisors, a leading market research and consulting firm, has announced the release of its latest study titled “ Global Tire (Tyre) Market Analysis, 2025-2030.”
This report provides a , key growth drivers, major challenges, and competitive landscape.

Designed to guide investors, stakeholders, and business leaders, the research aims to deliver valuable insights for strategic planning, risk assessment, and investment decision-making in the years ahead.

✅In case you missed it, we are currently revising our reports. Click on the below to get the latest research data with forecast for years 2026 to 2032, including market size, industry trends, and competitive analysis. It wouldn’t take long for the team to deliver the most recent version of the report.

Download a FREE PDF Sample of the Report: (Discover the market potential, platform-specific insights, and key industry trends.) https://www.marknteladvisors.com/query/request-sample/global-tire-market.html

Tire (Tyre) Market Timeline Overview

This helps businesses identify emerging opportunities, assess market risks, and develop data-driven strategies for long-term success.

Tire (Tyre) Market Outlook

According to the report, the Global Tire Market size was valued at around USD 264.68 billion in 2024 and is projected to reach USD 394.55 billion by 2030. Along with this, the market is estimated to grow at a CAGR of around 6.88% during the forecast period, i.e., 2025-30.

The report also examines consumer preferences, regulatory impacts, and investment trends that will shape the market’s trajectory over the next decade.

Tire (Tyre) Market Trends:

• Rise of Electric Vehicles (EVs): The increasing production and adoption of electric vehicles are significantly influencing tire demand. EVs require specialized tires designed to handle their weight and torque, leading to a growing segment tailored for EVs.
• Technological Advancements: Innovations such as run-flat tires, airless tires, and the incorporation of smart technologies (e.g., tire pressure monitoring systems) are transforming tire manufacturing and enhancing performance, safety, and convenience.
• Sustainability Focus: There is a growing emphasis on sustainable tire production, with manufacturers investing in eco-friendly materials and waste management solutions. This trend is driven by regulatory pressures and consumer demand for greener options.
• Digital Transformation: Tire manufacturers are increasingly adopting digital platforms for direct sales and customer engagement. This includes e-commerce, enhanced customer service, and data analytics for better decision-making.
• Growth in Emerging Markets: Rapid urbanization and infrastructure development in emerging economies, particularly in Asia-Pacific, are driving demand for tires across various vehicle types, including passenger, commercial, and agricultural vehicles.

View Full Report (All Data, In One Place): (Explore in-depth analyses, technological trends, and investment patterns.) https://www.marknteladvisors.com/research-library/global-tire-market.html

Tire (Tyre) Market Segmentation

The study categorizes the Tire (Tyre) Market into various segments and sub-segments, each analysed for its size, growth potential, and contribution to the overall industry.

-By Vehicle Type

• Two-wheeler- Market Size & Forecast 2020-2030, (Thousand Units)
• Three-wheeler- Market Size & Forecast 2020-2030, (Thousand Units)
• Passenger Car- Market Size & Forecast 2020-2030, (Thousand Units)
• Commercial Vehicle -Market Size & Forecast 2020-2030, (Thousand Units)
• Off-the-Road Vehicle (OTR)-Market Size & Forecast 2020-2030, (Thousand Units)

-By Demand Type

• OEM - Market Size & Forecast 2020-2030, (Thousand Units)
• Replacement - Market Size & Forecast 2020-2030, (Thousand Units)

-By Tire Type

• Radial- Market Size & Forecast 2020-2030, (Thousand Units)
• Bias - Market Size & Forecast 2020-2030, (Thousand Units)

-By Season

• Summer Tires- Market Size & Forecast 2020-2030, (Thousand Units)
• Winter Tires - Market Size & Forecast 2020-2030, (Thousand Units)
• All Season Tires- Market Size & Forecast 2020-2030, (Thousand Units)

-By Sales Channel

• Direct Sales- Market Size & Forecast 2020-2030, (Thousand Units)
• Dealer Distributor - Market Size & Forecast 2020-2030, (Thousand Units)
• Online Platform- Market Size & Forecast 2020-2030, (Thousand Units)

-By Rim Size

• Up to 12” - Market Size & Forecast 2020-2030, (Thousand Units)
• 1” to 15” - Market Size & Forecast 2020-2030, (Thousand Units)
• 1” to 18” - Market Size & Forecast 2020-2030, (Thousand Units)
• 18” to 22.5” - Market Size & Forecast 2020-2030, (Thousand Units)
• 6” to 26” - Market Size & Forecast 2020-2030, (Thousand Units)
• 1” to 35” - Market Size & Forecast 2020-2030, (Thousand Units)
• 1” to 47” - Market Size & Forecast 2020-2030, (Thousand Units)
• Above 47” - Market Size & Forecast 2020-2030, (Thousand Units)

-By Price Category

• Budget- Market Size & Forecast 2020-2030, (Thousand Units)
• Economy- Market Size & Forecast 2020-2030, (Thousand Units)
• Premium- Market Size & Forecast 2020-2030, (Thousand Units)

 Geographical Analysis

The report presents detailed insights into the market’s geographical expansion, highlighting key trends and opportunities across the following geographies:

-By Region

• North America
• South America
• Europe
• The Middle East & Africa
• Asia-Pacific

Asia-Pacific is expecting the largest share of the Tire Market during 2025-30, owing to the burgeoning sales of passenger & commercial vehicles in emerging economies like China & India on account of rapid urbanization & increased industrial activities.

Talk to Our Industry Analyst: Get personalized insights into company strategies and regional market dynamics.) https://www.marknteladvisors.com/query/talk-to-our-consultant/global-tire-market.html

Key Highlights of the Report

• Comprehensive Market Overview: In-depth analysis of market size, share, and forecasts from 2025-2030.
• Growth Drivers & Challenges: Clear insights into factors fueling or restraining market expansion.
• Investment & Regulatory Insights: Evaluation of key policies, funding trends, and collaborations influencing industry performance.
• Competitive Landscape: Detailed profiles of leading companies, including product portfolios, business strategies, financials, and recent developments such as mergers & acquisitions.

Analytical Tools: Application of SWOT Analysis, PESTEL Analysis, and Porter’s Five Forces Model to assess competition and external influences

Browse through our flexible pricing plans and choose the package that best fits your business needs whether you require a single-user license, corporate access, or customized insights. Once you select the plan that suits your requirements, you can purchase and instantly access the full report online – https://www.marknteladvisors.com/pricing/global-tire-market.html

Frequently Asked Questions (FAQ)

1. What is the projected growth rate of the Tire (Tyre) Market?
2. What are the major factors driving this market’s growth?
3. Which regions are expected to lead the Tire (Tyre) Market?
4. Who are the prominent players in the Tire (Tyre) Market?
5. How is the competition structured in this market?
6. How can I access the full report?

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About us:

MarkNtel Advisors is a leading Market Research Company and Industry Research Report Firm providing comprehensive intelligence across the tire industry, including off-the-road vehicle tires, performance tires, and comprehensive tire reports. Our data-backed Business Research and Market Research solutions deliver detailed insights at global, regional, and country levels, helping manufacturers, distributors, and investors understand demand patterns, regulatory standards, and competitive structures. Using verified Export and Import Data, robust Market Forecast models, and precision-driven Business Analysis, we identify evolving opportunities across OEM and replacement markets. Our Syndicated Research Reports and Customized Market Research Reports deliver reliable intelligence on pricing trends, sustainability, and technological innovation. Supported by expert Consulting Services, we quantify Revenue Impact and enables tire industry stakeholders to drive innovation, optimize growth, and sustain global competitiveness.

MarkNtel Advisors

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Email: sales@marknteladvisors.com