ID : CBI_1589 | Updated on : | Author : CBI | Category : Automotive Services
Airless Tires Market size is estimated to reach over USD 98.96 Million by 2032 from a value of USD 59.75 Million in 2024 and is projected to grow by USD 62.94 Million in 2025, growing at a CAGR of 7.2% from 2025 to 2032.
Airless tires are non-pneumatic tires that are designed to operate without the need for air pressure. The tires do not rely on air pressure to maintain their shape or support a load. Instead, they use a spoke-like structure or a honeycomb design to provide support and absorb shocks. These tires are constructed using solid or flexible materials such as rubber and polymers and are engineered to provide the necessary support and shock absorption. The tires eliminate the risk of punctures and blowouts, offering enhanced durability and reduced maintenance needs. Further, key trends driving the market include adoption of eco-friendly materials and manufacturing processes and advancement of smart tire technology that integrates sensors for real-time monitoring and predictive maintenance. Additionally, the growing demand for tires designed for electric and autonomous vehicles, along with the need for high-performance and specialized tires, are significant factors shaping the market.
The growing electric vehicle market is a major catalyst for the airless tire market. EV manufacturers are increasingly adopting airless tires to boost vehicle efficiency and cut down on maintenance expenses. The tires offer lower rolling resistance, which enhances energy efficiency, a crucial factor for EVs where maximizing range is paramount. Moreover, their design helps reduce overall vehicle weight, further improving battery efficiency and extending driving range. The EV industry's focus on sustainability and long-term cost savings perfectly aligns with the advantages of airless tire technology, making them an ideal fit for the next generation of electric cars, buses, and autonomous vehicles.
Thus, the push toward reducing carbon emissions and minimizing the environmental impact of transportation systems is expected to fuel the airless tires market expansion.
High manufacturing costs significantly restrain the airless tires market growth, as the specialized materials and complex production processes, often involving advanced technologies like 3D printing, make them considerably more expensive than traditional pneumatic tires. This premium cost limits their appeal, particularly for mainstream consumer vehicles. Furthermore, another key restraint in the airless tires market is their limited performance in high-speed applications. While the tires perform well in low-speed, heavy-duty applications, such as construction and off-road vehicles, they currently face challenges in terms of ride comfort, noise levels, and handling at high speeds. The rigidity of some airless tire designs results in a rougher ride and more shock absorption, leading to concerns about comfort and safety for passenger vehicles. Thus, these limitations have slowed the adoption of the tires in the mainstream automotive market, where performance, safety, and comfort are key considerations for consumers.
The growing requirement for off-road and heavy-duty vehicles presents a significant opportunity for the airless tire market. Vehicles including construction equipment, mining trucks, agricultural machinery, and military vehicles, frequently operate in challenging environments where punctures and blowouts are common. The tires eliminate these risks, offering unparalleled durability and resistance to harsh terrains, sharp debris, and heavy loads. This in turn results in reduced downtime, lower maintenance costs, and enhanced operational efficiency for fleet operators.
Thus, the ability of the tires to consistently perform in extreme conditions, without the need for inflation or fear of flats drives the airless tires market opportunities.
Based on tire type, the market is segmented into radial airless tires and bias airless tires.
Trends in the Tire Type:
Radial airless tires accounted for the largest revenue share in 2024.
Bias airless tires segment is anticipated to register the fastest CAGR during the forecast period.
Based on material, the market is segmented into rubber, plastic, and composite materials.
Trends in the Material:
Rubber segment accounted for the largest revenue share of 68.29% in 2024.
Composite materials segment is anticipated to register the fastest CAGR during the forecast period.
Based on vehicle type, the market is segmented into passenger cars, commercial vehicles, two-wheelers, military vehicles, and others.
Trends in the Vehicle Type:
Passenger cars accounted for the largest revenue share in 2024.
Commercial vehicles segment is anticipated to register the fastest CAGR during the forecast period.
Based on the sales channel, the market is divided into OEM and aftermarket.
Trends in the Sales Channel:
OEM accounted for the largest revenue share in the market in year 2024.
Aftermarket is anticipated to register the fastest CAGR during the forecast period.
The regions covered are North America, Europe, Asia Pacific, Middle East and Africa, and Latin America.
Asia Pacific region was valued at USD 19.00 Million in 2024. Moreover, it is projected to grow by USD 20.06 Million in 2025 and reach over USD 32.18 Million by 2032. Out of this, China accounted for the maximum revenue share of 32.70%. The market growth for non-pneumatic tires is mainly driven by robust automotive production which is stimulated by rapid urbanization and a growing middle class. Additionally, the rising adoption of electric vehicles particularly in China drives the market.
North America is estimated to reach over USD 29.19 Million by 2032 from a value of USD 17.66 Million in 2024 and is projected to grow by USD 18.60 Million in 2025. The North American market is primarily driven by increasing demand for enhanced vehicle safety, reduced maintenance, and superior durability, particularly in the rapidly expanding electric, autonomous, commercial, and off-road vehicle sectors.
The regional trends analysis depicts stringent vehicle safety and environmental regulations, strong focus on sustainable mobility solutions, and the increasing adoption of electric and autonomous vehicles in Europe is driving the market. Additionally, the factors driving the market in the Middle East and African region are increasing infrastructure development and rising disposable incomes that boost the requirement for both passenger and commercial vehicles. Further, increasing need for durable and low-maintenance tire solutions in growing commercial, off-road, and agricultural industry is paving the way for the progress of market in Latin America region.
The global airless tires market is highly competitive with major players providing airless tires services to the national and international markets. Key players are adopting several strategies in research and development (R&D), product innovation, and end-user launches to hold a strong position in the global airless tires market. Key players in the airless tires industry include –
Collaboration
Product Launch
Report Attributes | Report Details |
Study Timeline | 2018-2031 |
Market Size in 2031 | USD 98.96 Million |
CAGR (2024-2031) | 7.2% |
By Tire Type |
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By Material |
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By Vehicle Type |
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By Sales Channel |
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By End-User |
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By Region |
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Key Players |
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North America | U.S. Canada Mexico |
Europe | U.K. Germany France Spain Italy Russia Benelux Rest of Europe |
APAC | China South Korea Japan India Australia ASEAN Rest of Asia-Pacific |
Middle East and Africa | GCC Turkey South Africa Rest of MEA |
LATAM | Brazil Argentina Chile Rest of LATAM |
Report Coverage |
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Airless Tires Market size is estimated to reach over USD 1,295.58 Million by 2031 from a value of USD 916.13 Million in 2023 and is projected to grow by USD 940.37 Million in 2024, growing at a CAGR of 4.4% from 2024 to 2031.
The airless tires market report includes segmentation details for tire type, material, vehicle type, sales channel, and region.
According to the analysis, commercial vehicles are the fastest growing in the airless tires market due to the need for durable and low-maintenance tire solutions.
The key players in the airless tires market are Michelin (France), The Goodyear Tire & Rubber Company (USA), Continental AG (Germany), Bridgestone Corporation (Japan), Trelleborg AB (Sweden), Sumitomo Rubber Industries, Ltd. (Japan), Toyo Tires (Japan), Hankook Tire & Technology Co. Ltd. (South Korea), Amerityre Corporation (USA) and Yokohama Rubber Company (Japan).