Tire Retreading Market Report 2026

The tire retreading market size has grown steadily in recent years. It will grow from $7.94 billion in 2025 to $8.19 billion in 2026 at a compound annual growth rate (CAGR) of 3.2%. The growth in the historic period can be attributed to expansion of commercial trucking operations, rising replacement tire costs, growing acceptance of retreaded tires, availability of retreading infrastructure, increasing focus on fleet cost optimization.

The tire retreading market size is expected to see steady growth in the next few years. It will grow to $9.3 billion in 2030 at a compound annual growth rate (CAGR) of 3.2%. The growth in the forecast period can be attributed to increasing emphasis on circular economy practices, rising fuel and raw material costs, expansion of sustainable fleet management strategies, growing demand for extended tire life solutions, increasing regulatory support for retreading practices. Major trends in the forecast period include increasing adoption of retreaded tires in fleets, rising focus on cost-efficient tire lifecycle management, growing demand for high-quality retreading processes, expansion of retreading for heavy commercial vehicles, enhanced emphasis on environmental benefits.

The anticipated growth in the tire retreading market is expected to be fueled by the increasing number of transport and passenger vehicles. Transport vehicles, designed for moving goods or people, and passenger vehicles, which carry no more than 10 individuals, witness a rising demand for retread tires. This cost-effective option not only reduces expenses for passenger car owners but also contributes to waste reduction and the conservation of natural resources. For example, a report by MarkLines Co. Ltd. in September 2023 revealed a 12.7% increase in passenger car sales in August, reaching a total of 280,223 units and a market share of 20.9% in the U.S. The growing fleet of transport and passenger vehicles is thus propelling the tire retreading market.

Major companies in the tire retreading market are introducing new products, such as multi-life tires, to enhance grip and durability. Multi-life tires are retreaded tires designed for multiple uses, promoting sustainability by reducing waste and resource consumption while maintaining performance and safety. For example, in April 2023, Black Star, a US-based retread tire company, launched the Leonard retreaded tire. This innovative tire is designed as a multi-life product, enabling it to be used across several lifecycles, significantly reducing its environmental impact. It boasts the lowest carbon footprint in the industry, with a remarkable 80% reduction in material usage and up to 60% lower CO2 emissions during production. The Leonard tire provides superior grip, enhanced durability, and improved safety, all while offering low rolling resistance for better fuel efficiency and reduced emissions. It is available in various profiles suitable for passenger cars, SUVs, and commercial vehicles, addressing a wide range of driving conditions.

In June 2023, McCarthy Tire Service Co. Inc., a US-based commercial tire manufacturing and service provider, acquired Roli Retreads Inc. for an undisclosed sum. Through this acquisition, McCarthy Tire Service sought to broaden its commercial tire and retreading presence while enhancing retread production capabilities in the New York regional market. Roli Retreads Inc. is a US-based tire retreading firm that focuses on delivering commercial tire retreading services through its manufacturing facility located in Farmingdale, New York.

Major companies operating in the tire retreading market are Bridgestone Corp., Michelin SCA, Goodyear Tire and Rubber Co., Yokohama Rubber Co, Hankook Tire & Technology Co. Ltd., Apollo Tyres Limited, Giti Tire Pte. Ltd., MRF Ltd., Southern Tire Mart LLC, Nokian Tyres Plc, JK Tyre & Industries Ltd., CEAT Limited, Pomp's Tire Service Inc., Marangoni S.p.A, Kraiburg Austria Gmbh & Co.Kg, BestDrive LLC, Oliver Rubber Company, Parrish Tire Company, Rosler Tyre Innovators Pty Ltd., Valley Tire Company, Redburn Tire Company, TreadWright Tires L.L.C., Tolins Tyres Pvt. Ltd., Easters Treads Limited, Dale’s Tire & Retreading Inc., Pilipinas Kai Rubber Corporation.

Asia-Pacific was the largest region in the tire retreading market in 2025. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the tire retreading market report are Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the tire retreading market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Taiwan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

The tire retreading market consists of revenues earned by entities by provide services such as tire repair, inspection, testing, disposal, recycling, and tire management solutions. The market value includes the value of related goods sold by the service provider or included within the service offering. The tire retreading market also includes sales of rubber compounds, cushion gum, envelopes, rubber ribs, and curing tubes. 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.

This product will be delivered within 1-3 business days.