Global Rubber Tires Market Growth, Share, Size, Trends and Forecast (2025 - 2031)

By Tire Type;

Radial, Bias and Solid.

By Sale Channel;

OEMs and Aftermarket.

By Application;

Passenger Vehicles, Light Commercial Vehicles, Trucks & Buses, Construction & Mining Vehicles, Industrial Vehicles, Agriculture Tractors and Motorcycles & Scooters.

By Geography;

North America, Europe, Asia Pacific, Middle East and Africa and Latin America - Report Timeline (2021 - 2031).
Report ID: Rn610372654 Published Date: March, 2025 Updated Date: April, 2025

Introduction

Global Rubber Tires Market (USD Million), 2021 - 2031

In the year 2024, the Global Rubber Tires Market was valued at USD 102,251.92 million. The size of this market is expected to increase to USD 135,464.83 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 4.1%.

The Global Rubber Tires Market is a dynamic and integral sector of the automotive and transportation industries, encompassing the production, distribution, and sale of tires for various vehicles worldwide. Tires are essential components that directly impact vehicle performance, safety, and comfort, making them critical for consumers, businesses, and industries alike. The market for rubber tires spans a wide spectrum of applications, from passenger cars and commercial vehicles to specialty vehicles such as off-road and industrial equipment.

Key drivers shaping the Global Rubber Tires Market include the steady growth in global vehicle production and sales, driven by rising disposable incomes, urbanization, and industrialization across emerging economies. As populations grow and urban areas expand, the demand for personal and commercial vehicles continues to rise, fueling the need for reliable and durable tires. Technological advancements in tire manufacturing, including innovations in rubber compounds, tread designs, and construction materials, further enhance tire performance, longevity, and environmental sustainability.

The market faces challenges such as fluctuations in raw material prices, stringent regulatory requirements related to tire safety and environmental impact, and competitive pressures from alternative transportation technologies. Despite these challenges, opportunities abound in the development of eco-friendly tires, advancements in autonomous and electric vehicle technologies, and expanding aftermarket sales channels. The Global Rubber Tires Market remains resilient and adaptive, driven by innovation, consumer demand for safer and more efficient mobility solutions, and ongoing investments in research and development by leading tire manufacturers worldwide.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Tire Type
    2. Market Snapshot, By Sale Channel
    3. Market Snapshot, By Application
    4. Market Snapshot, By Region
  4. Global Rubber Tires Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Growing Global Automotive Production and Sales
        2. Increasing Demand for Fuel-efficient and Eco-friendly Tires
        3. Technological Advancements in Tire Design and Materials
        4. Expansion of E-commerce Platforms for Tire Sales
        5. Rising Adoption of Electric and Autonomous Vehicles
      2. Restraints
        1. Fluctuations in Raw Material Prices (e.g., natural rubber, synthetic rubber)
        2. Stringent Regulatory Standards and Compliance Requirements
        3. Competitive Pressure from Alternative Transportation Technologies
        4. Challenges in Tire Recycling and Waste Management
      3. Opportunities
        1. Development of Sustainable and Recyclable Tire Technologies
        2. Expansion into Emerging Markets with Growing Automotive Sectors
        3. Innovation in Connected and Smart Tire Technologies
        4. Increased Focus on Specialty Tires for Off-road and Industrial Applications
        5. Collaboration Opportunities in Tire Manufacturing and Distribution Networks
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Global Rubber Tires Market, By Tire Type, 2021 - 2031 (USD Million)
      1. Radial
      2. Bias
      3. Solid
    2. Global Rubber Tires Market, By Sale Channel, 2021 - 2031 (USD Million)
      1. OEMs
      2. Aftermarket
    3. Global Rubber Tires Market, By Application, 2021 - 2031 (USD Million)
      1. Passenger Vehicles
      2. Light Commercial Vehicles
      3. Trucks & Buses
      4. Construction & Mining Vehicles
      5. Industrial Vehicles
      6. Agriculture Tractors
      7. Motorcycles & Scooters.
    4. Global Rubber Tires Market, By Geography, 2021 - 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia/New Zealand
        5. South Korea
        6. ASEAN
        7. Rest of Asia Pacific
      4. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
      5. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
  6. Competitive Landscape
    1. Company Profiles
      1. Bridgestone Corporation
      2. Michelin Group
      3. Goodyear Tire & Rubber Company
      4. Continental AG
      5. Pirelli & C. S.p.A.
  7. Analyst Views
  8. Future Outlook of the Market