Airless Tires Global Market Report 2024

The airless tires market size has grown strongly in recent years. It will grow from $1.15 billion in 2023 to $1.22 billion in 2024 at a compound annual growth rate (CAGR) of 6.5%. The growth observed in the historical period can be attributed to several factors. These include the utilization of airless tires in military applications, their use in mining and industrial settings, incorporation into agricultural machinery, their relevance in space exploration technology, and the appeal of airless tires due to their reliability and reduced maintenance requirements. These varied applications and the reliability factor contributed significantly to the growth and adoption of airless tires during the historical period.

The airless tires market size is expected to see strong growth in the next few years. It will grow to $1.53 billion in 2028 at a compound annual growth rate (CAGR) of 5.7%. The anticipated growth in the forecasted period can be linked to several factors. These encompass the influence of government regulations shaping the market, increased utilization in logistics and material handling applications, a focused approach towards enhancing performance, consumer preference for convenience-driven solutions, and advancements in autonomous vehicle development driving the adoption of airless tires. Key trends expected in this forecasted period include the expanding adoption of airless tires in passenger vehicles, advancements in 3D printing and manufacturing techniques contributing to their production, integration of airless tires into sustainable transport solutions, growing retail availability and aftermarket demand, as well as innovations aimed at enhancing traction and grip capabilities of these tires.

The surge in global vehicle production is anticipated to be a significant driver for the expansion of the airless tires market. Vehicle production, encompassing the manufacture of automobiles and light trucks, has witnessed a noteworthy uptick. The adoption of airless tires, known for their superior puncture resistance and reduced maintenance needs, enhances vehicle safety by eliminating the risk of blowouts or flats. Notably, a report from the European Automobile Manufacturers Association in May 2023 highlighted a 5.7% increase in global motor vehicle production in 2022, reaching 85.4 million units compared to 2021. This upswing underscores the pivotal role of escalating vehicle production in propelling the airless tires market.

The ascending trajectory of the e-commerce sector is poised to fuel the growth of the airless tire market. The e-commerce industry, characterized by online transactions of goods and services, is increasingly relying on airless tires to address the operational challenges of delivery fleets. These tires, recognized for their puncture resistance and durability, contribute to enhanced reliability and cost-effective maintenance. A report from the International Trade Administration in October 2021 projected that e-commerce for consumer goods is expected to constitute approximately 22% of global retail sales by 2024, growing at an average rate exceeding 1%. This evolution in the e-commerce landscape signifies a growing demand for airless tires, positioning them as a valuable solution to optimize operational efficiency within the sector.

The airless tires market is witnessing a prominent trend centered around the integration of technologies, a development gaining widespread acceptance. Key players in this market are actively engaged in incorporating their technological solutions into various vehicle tests, aiming to shape the future of mobility and fortify their market positioning. An illustrative example is the initiative undertaken by Goodyear Tire & Rubber Company, a leading US-based tire manufacturer. In November 2021, the company introduced its airless tire, deployed as prototype airless tires on a Tesla Model 3. These non-pneumatic tires have demonstrated successful travel at speeds of up to 55 mph on a Tesla test vehicle, showcasing a unique design with a network of spokes that maintain wheel rigidity without relying on air pressure to keep the tire taut. This innovation sets these airless tires apart from conventional ones, emphasizing the integration of cutting-edge technology in the industry.

Major players in the airless tire market are strategically forging partnerships to conduct trials and assessments of airless tires. Strategic partnerships involve companies capitalizing on each other's strengths and resources for mutual benefits and shared success. A notable instance is the collaboration between Michelin, a prominent tire manufacturer based in France, and DHL, a leading US-based logistics company. Announced in January 2023, the partnership aims to equip approximately 50 DHL Express vans with Michelin UPTIS airless tires for last-mile deliveries in Singapore by the end of 2023. The Michelin UPTIS prototype represents a tire assembly designed for cars and light vans, eliminating the need for compressed air with its puncture-resistant design. By embracing the Michelin UPTIS tire, DHL seeks to enhance fleet efficiency, optimize productivity, and ensure seamless business operations by mitigating concerns related to tire pressure issues and punctures.

In June 2021, The Goodyear Tire & Rubber Company, a prominent US-based tire manufacturer, successfully acquired Cooper Tire & Rubber Company for a sum of $2.5 billion. This strategic acquisition is poised to enhance Goodyear's global reach and customer service capabilities, providing access to broader markets and opportunities to invest in innovative fleets and mobility solutions. Cooper Tire & Rubber Company, also based in the United States, specializes in tire manufacturing and notably develops non-pneumatic and airless military tires.


Major companies operating in the airless tires market report are Continental AG, Bridgestone Corporation, Michelin Group, The Goodyear Tire & Rubber Company, The Yokohama Rubber Co. Ltd., Giti Tire Pte. Ltd., Pirelli & C. S.p.A., Sumitomo Rubber Industries, Hankook Tire & Technology Co. Ltd., Cheng Shin Rubber Industry Co. Ltd., Apollo Tyres Ltd., Kumho Tire Co. Inc., Cooper Tire & Rubber Company, Linglong Group Co. Ltd., Double Coin Holdings Ltd., CEAT Limited, Toyo Tire & Rubber Co. Ltd., Aeolus Tyre Co. Ltd., Guizhou Tyre Co. Ltd., Trelleborg Wheel Systems, Maxam Tire International Srl, GRI Tires, Harris Tire Co., Amerityre Corporation, Mitas AS, Tannus Ltd., Resilient Technologies LLC.

Asia-Pacific was the largest region in the airless tires market in 2023. It is expected to be the fastest-growing region in the forecast period. The regions covered in the airless tires market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the airless tires market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Italy, Spain, Canada.

The primary classifications of airless tires include radial tires and bias tires. Radial tires are a predominant tire design adopted in many automobiles and equipment due to their superior performance, durability, enhanced fuel efficiency, and safety features. These tires are crafted from various materials such as rubber and plastic, and they cater to diverse vehicles such as military vehicles, commercial and passenger vehicles, all-terrain vehicles, utility vehicles, and two-wheelers. These airless tires are available in a range of rim sizes including those under 15 inches, between 15-20 inches, and over 20 inches. They are typically distributed through original equipment manufacturer (OEM) and aftermarket sales channels.

The airless tires market research report is one of a series of new reports that provides airless tires market statistics, including airless tires industry global market size, regional shares, competitors with a airless tires market share, detailed airless tires market segments, market trends and opportunities, and any further data you may need to thrive in the airless tires industry. This airless tires market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

The airless tires market consists of sales of non- radial tires and bias-ply tires. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.


The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).


The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.