Aircraft Tire Market - Global Industry Size, Share, Trends, Opportunity, and Forecast, 2021-2031

The Global Aircraft Tire Market is projected to expand from USD 2.07 Billion in 2025 to USD 2.71 Billion by 2031, reflecting a compound annual growth rate of 4.59%. These tires are complex composite structures crafted from steel, fabric, and rubber, designed to endure severe thermal shock, high speeds, and immense loads during taxiing, takeoff, and landing operations. The principal factor propelling this market forward is the surging demand for international air travel, which compels airlines to expand their fleets and increase aircraft utilization, thereby raising the consumption rate of these essential components.

Recent industry statistics confirm the link between traffic volume and procurement needs; the International Air Transport Association (IATA) reported a 10.4% year-on-year increase in global revenue passenger kilometers (RPKs) in 2024, indicating a strong rise in flight cycles that fuels demand for both replacement units and original equipment. However, market growth faces significant headwinds due to the price volatility of raw materials, specifically natural rubber and petroleum-based synthetic derivatives. Unpredictable fluctuations in these costs can squeeze manufacturing margins and destabilize pricing for end-users, while persistent supply chain issues regarding material availability threaten the industry's capacity to efficiently meet the commercial aviation sector's escalating volume requirements.

Market Drivers

The ongoing growth of the global commercial aviation fleet, coupled with accelerated new aircraft deliveries, serves as a fundamental catalyst for the aircraft tire market. As airlines modernize operations to enhance fuel efficiency and support expanding route networks, original equipment manufacturers are increasing production rates, generating immediate requirements for new tire sets. This growth in the active global fleet broadens the installed base, thereby ensuring sustained long-term demand for replacement units as these aircraft enter service. The magnitude of this need is significant; Boeing's 'Commercial Market Outlook 2024-2043', released in July 2024, projects that the aviation industry will require 43,975 new commercial airplane deliveries over the next two decades to satisfy both growth and replacement necessities, creating a steady procurement pipeline that ties tire production volumes to the broader aerospace sector's vitality.

Furthermore, the short replacement cycles characteristic of aircraft tires generate recurring aftermarket sales, representing a secondary yet vital revenue stream. Unlike structural airframe parts, tires are consumable items exposed to extreme friction and thermal stress during takeoff and landing, requiring frequent replacement or retreading during standard maintenance.

This turnover rate is further intensified by heavier payloads and high asset utilization, which hasten wear. In its 'May 2024 Air Cargo Market Analysis' published in July 2024, the International Air Transport Association (IATA) noted a 14.7% increase in global cargo demand compared to May 2023, resulting in heavier operational profiles that demand frequent servicing. The financial implications of this activity are clear in supplier performance; AAR Corp's 'Fourth Quarter Fiscal Year 2024 Results' from July 2024 revealed a 20% year-over-year increase in sales to commercial customers, underscoring the rising demand for consumable parts and maintenance support.

Market Challenges

The instability of raw material costs combined with enduring supply chain limitations poses a significant barrier to the Global Aircraft Tire Market's growth. Because aircraft tires depend heavily on petroleum-based synthetic derivatives and natural rubber, erratic price shifts in these commodities directly reduce manufacturing margins. When input costs rise sharply, producers must decide between absorbing the extra expense, which hurts profitability, or passing it to airlines, which upsets pricing stability. Additionally, bottlenecks in the supply chain impede the timely procurement of these critical materials, delaying production schedules even as the demand for replacement units continues to rise.

Recent industrial data underscores the severity of this supply-demand imbalance. The Association of Natural Rubber Producing Countries (ANRPC) reported that between January and November 2024, global demand for natural rubber hit 13.9 million tons, surpassing production figures of just 12.7 million tons. This shortfall generates strong upward pressure on pricing and restricts the physical availability of the primary ingredients needed for tire fabrication. As a result, manufacturers are hindered from scaling their operations to satisfy industry volume requirements, effectively limiting market expansion despite the increase in air traffic.

Market Trends

The development of specialized tires for electric Vertical Take-Off and Landing (eVTOL) aircraft marks a significant market evolution, requiring designs that differ substantially from traditional commercial aviation architectures. These advanced aircraft necessitate tires that combine ultra-lightweight construction with the structural durability needed to endure short-hop cycles and high-frequency vertical landings. This technical shift is being hastened by the rapid industrialization of the Urban Air Mobility sector, where substantial investments are moving prototypes toward mass production. For example, Vertical Aerospace raised US$ 90 million in January 2025 to fund the manufacturing of its VX4 eVTOL aircraft, a development that directly stimulates the supply chain for these custom, weight-optimized landing gear components.

Concurrently, the adoption of bio-based and sustainable rubber compounds is transforming manufacturing standards as the industry aims to decarbonize the lifecycle of consumable parts. To adhere to strict environmental goals without sacrificing safety, tire manufacturers are increasingly replacing petroleum-derived synthetic rubber with renewable alternatives, such as bio-sourced silica and regenerated elastomers. This innovation in materials is supported by recent industrial progress; in its '2024 Sustainability Report' released in May 2025, Michelin announced it had raised the share of recycled or renewable materials in its tires to 31%, signaling a major shift away from traditional chemical formulations to comply with global net-zero aviation mandates.

Key Players Profiled in the Aircraft Tire Market

• Bridgestone Corporation
• Michelin
• The Goodyear Tire & Rubber Company
• Continental AG
• Dunlop Aircraft Tyres Limited
• The Yokohama Rubber Co., Ltd.
• VSE Aviation, Inc.,
• SHANDONG PRESTONE TYRE CO., LTD.
• Toyo Tire Corporation
• Abdulkadir Ozcan Automotive Inc.

Report Scope

In this report, the Global Aircraft Tire Market has been segmented into the following categories:

Aircraft Tire Market, by End Use Type:

• Commercial Aviation
• Military Aviation
• General Aviation

Aircraft Tire Market, by Aircraft Type:

• Fixed Wing Aircraft
• Rotary Wing Aircraft

Aircraft Tire Market, by Type:

• Radial
• Bias

Aircraft Tire Market, by Sales Channel Type:

• OEM
• Aftermarket

Aircraft Tire Market, by Region:

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

Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in the Global Aircraft Tire Market.

Available Customization

The analyst offers customization according to your specific needs. The following customization options are available for the report:

• Detailed analysis and profiling of additional market players (up to five).

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