Automotive Tire: Market Share, and Growth Analysis by Rim Size (Less Than 15 Inches, 15 to 20 Inches, More Than 20 Inches), Vehicle Type, Manufacturing, Distribution Channel

The Automotive Tire Market size is valued at USD 123.5 billion in 2025 and is projected to reach USD 202.6 billion by 2033, registering a compound annual growth rate (CAGR) of 6.38% over the forecast period.

The automotive tire market is a cornerstone of the global automotive industry, providing essential components for safety, performance, and efficiency. Tires not only support vehicle weight but also transmit traction, absorb shocks, and enable directional stability. As mobility trends evolve, the demand for high-performance, fuel-efficient, and durable tires continues to increase. Technological innovations in tread design, rubber compounds, and smart tire integration are reshaping the competitive landscape. Both original equipment manufacturers (OEMs) and aftermarket segments play vital roles, with consumer preferences leaning toward all-season and low-rolling-resistance variants. Sustainability has also gained momentum, pushing manufacturers to develop recyclable materials and eco-friendly production methods to meet environmental regulations and consumer expectations.

In 2024, the global automotive tire market experienced steady growth fueled by recovery in vehicle production and sustained demand in the replacement tire segment. With supply chains stabilizing post-pandemic, leading manufacturers increased investments in automation, smart tire technology, and regional manufacturing hubs to optimize logistics. Electric vehicle (EV) adoption influenced tire designs, with EV-specific models offering reduced noise, lower rolling resistance, and improved load-bearing capacity. The Asia-Pacific region remained dominant, particularly China and India, where infrastructure development and vehicle ownership accelerated. Meanwhile, premium tire brands witnessed strong growth in Europe and North America, driven by rising demand for safety, performance, and winter tire solutions in colder regions.

Looking ahead to 2025 and beyond, the automotive tire market is poised for transformation driven by electrification, automation, and digitization. Tire manufacturers are expected to expand their smart tire portfolios, embedding sensors that provide real-time data on wear, pressure, and temperature. Demand for sustainable tires using bio-based materials and circular manufacturing processes will rise sharply in response to ESG goals. OEM partnerships will intensify as automakers seek tire solutions tailored to EV platforms. Emerging markets in Southeast Asia, Latin America, and Africa will offer new growth opportunities, supported by improving road infrastructure and economic development. The aftermarket segment will remain vital, especially with increasing vehicle age and rising maintenance awareness among consumers globally.

Key Insights: Automotive Tire Market

• Growing adoption of EV-specific tires with low rolling resistance and enhanced load-bearing capacity to accommodate heavier battery systems and extend driving range.
• Expansion of smart tire technologies with embedded sensors providing data on pressure, tread wear, and temperature, enabling predictive maintenance and enhanced safety.
• Shift toward sustainable and eco-friendly tire manufacturing using renewable materials, bio-based polymers, and energy-efficient production methods.
• Rising consumer demand for all-season and run-flat tires, reducing the need for seasonal changeovers and enhancing convenience and safety.
• Increased focus on regional production hubs to mitigate supply chain risks and meet local market requirements more effectively.
• Growth in global vehicle production and ownership, particularly in developing economies, continues to boost tire demand across all vehicle segments.
• Increasing average vehicle age and longer vehicle lifespans are driving demand in the replacement tire market worldwide.
• Technological innovations in materials and tread design are enhancing tire durability, safety, and fuel efficiency, attracting both OEMs and consumers.
• Government regulations and consumer focus on road safety are promoting frequent tire inspections and replacements, supporting sustained market growth.
• Fluctuating raw material prices and volatility in natural rubber supply chains pose significant cost and procurement challenges for tire manufacturers globally.

Automotive Tire Market Segmentation

By Rim Size:

• Less Than 15 Inches
• 15 to 20 Inches
• More Than 20 Inches

By Vehicle Type:

• Passenger Vehicle
• Commercial Vehicle
• Electric Vehicle

By Manufacturing:

• Radial Tire
• Bias Tire

By Distribution Channel:

• OEM
• Aftermarket

By Season Type:

• Summer
• Winter
• All Seasons

By Geography:

• North America (USA, Canada, Mexico)
• Europe (Germany, UK, France, Spain, Italy, Rest of Europe)
• Asia-Pacific (China, India, Japan, Australia, Vietnam, Rest of APAC)
• The Middle East and Africa (Middle East, Africa)
• South and Central America (Brazil, Argentina, Rest of SCA)

Automotive Tire Market Size Data, Trends, Growth Opportunities, and Restraining Factors:

• This comprehensive Automotive Tire market report delivers updated market size estimates from 2024 to 2034, offering in-depth analysis of the latest Automotive Tire market trends, short-term and long-term growth drivers, competitive landscape, and new business opportunities. The report presents growth forecasts across key Automotive Tire types, applications, and major segments, alongside detailed insights into the current Automotive Tire market scenario to support companies in formulating effective market strategies.
• The Automotive Tire market outlook thoroughly examines the impact of ongoing supply chain disruptions and geopolitical issues worldwide. Factors such as trade tariffs, regulatory restrictions, production losses, and the emergence of alternatives or substitutes are carefully considered in the Automotive Tire market size projections. Additionally, the analysis highlights the effects of inflation and correlates past economic downturns with current Automotive Tire market trends, providing actionable intelligence for stakeholders to navigate the evolving Automotive Tire business environment with precision.

Automotive Tire Market Competition, Intelligence, Key Players, and Winning Strategies to 2034:

• The 2025 Automotive Tire Market Research Report identifies winning strategies for companies to register increased sales and improve market share.
• Opinions from senior executives from leading companies in the Automotive Tire market are imbibed thoroughly and the Automotive Tire industry expert predictions on the economic downturn, technological advancements in the Automotive Tire market, and customized strategies specific to a product and geography are mentioned.
• The Automotive Tire market report is a source of comprehensive data and analysis of the industry, helping businesses to make informed decisions and stay ahead of the competition. The Automotive Tire market study assists investors in analyzing On Automotive Tire business prospects by region, key countries, and top companies' information to channel their investments.
• The report provides insights into consumer behavior and preferences, including their buying patterns, brand loyalty, and factors influencing their purchasing decisions. It also includes an analysis of the regulatory environment and its impact on the Automotive Tire industry. Shifting consumer demand despite declining GDP and burgeoning interest rates to control surging inflation is well detailed.

What's Included in the Report?

• Global Automotive Tire market size and growth projections, 2024-2034
• North America Automotive Tire market size and growth forecasts, 2024-2034 (United States, Canada, Mexico)
• Europe market size and growth forecasts, 2024-2034 (Germany, France, United Kingdom, Italy, Spain)
• Asia-Pacific Automotive Tire market size and growth forecasts, 2024-2034 (China, India, Japan, South Korea, Australia)
• Middle East Africa Automotive Tire market size and growth estimate, 2024-2034 (Middle East, Africa)
• South and Central America Automotive Tire market size and growth outlook, 2024-2034 (Brazil, Argentina, Chile)
• Automotive Tire market size, share and CAGR of key products, applications, and other verticals, 2024-2034
• Short- and long-term Automotive Tire market trends, drivers, challenges, and opportunities
• Automotive Tire market insights, Porter’s Five Forces analysis
• Profiles of 5 leading companies in the industry - overview, key strategies, financials, product portfolio and SWOT analysis
• Latest market news and developments

Key Questions Answered in This Report:

• What is the current Automotive Tire market size at global, regional, and country levels?
• What is the market penetration of different types, Applications, processes/technologies, and distribution/sales channels of the Automotive Tire market?
• What will be the impact of economic slowdown/recission on Automotive Tire demand/sales?
• How has the global Automotive Tire market evolved in past years and what will be the future trajectory?
• What is the impact of growing inflation, Russia-Ukraine war on the Automotive Tire market forecast?
• What are the Supply chain challenges for Automotive Tire?
• What are the potential regional Automotive Tire markets to invest in?
• What is the product evolution and high-performing products to focus in the Automotive Tire market?
• What are the key driving factors and opportunities in the industry?
• Who are the key players in Automotive Tire market and what is the degree of competition/Automotive Tire market share?
• What is the market structure /Automotive Tire Market competitive Intelligence?

Available Customizations:

The standard syndicate report is designed to serve the common interests of Automotive Tire Market players across the value chain, and include selective data and analysis from entire research findings as per the scope and price of the publication.

However, to precisely match the specific research requirements of individual clients, several customization options are offered to include the data and analysis of interest in the final deliverable.

Some of the customization requests are as mentioned below:

• Segmentation of choice - Clients can seek customization to modify/add a market division for types/applications/end-uses/processes of their choice.
• Automotive Tire Pricing and Margins Across the Supply Chain, Automotive Tire Price Analysis / International Trade Data / Import-Export Analysis.
• Supply Chain Analysis, Supply-Demand Gap Analysis, PESTLE Analysis, Macro-Economic Analysis, and other Automotive Tire market analytics.
• Processing and manufacturing requirements, Patent Analysis, Technology Trends, and Product Innovations.
• Further, the client can seek customization to break down geographies as per their requirements for specific countries/country groups such as South East Asia, Central Asia, Emerging and Developing Asia, Western Europe, Eastern Europe, Benelux, Emerging and Developing Europe, Nordic countries, North Africa, Sub-Saharan Africa, Caribbean, The Middle East and North Africa (MENA), Gulf Cooperation Council (GCC) or any other.
• Capital Requirements, Income Projections, Profit Forecasts, and other parameters to prepare a detailed project report to present to Banks/Investment Agencies.

Additional support:

• All the data presented in tables and charts of the report is provided in a separate Excel document
• Print authentication allowed on purchase of online versions
• 10% free customization to include any specific data/analysis to match the requirement
• 7 days of analyst support

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