The global tire market was valued at USD 256.1 billion in 2025 and is expected to reach USD 471.7 billion by 2035, registering a compound annual growth rate (CAGR) of 6.3% over the forecast period from 2026 to 2035. By the end of 2026, the market is projected to be valued at USD 272.3 billion. The tire market is poised for steady growth, driven by rising automotive sales, increased commercial vehicle fleets, and the growing preference for specialized tires such as all-season and low-rolling-resistance variants. As governments push for energy efficiency and emissions control, tire manufacturers are innovating with lighter, more durable compounds and intelligent tire technologies. Additionally, urbanization and the expansion of logistics networks are increasing tire consumption in both passenger and freight transport sectors. The global shift toward electric vehicles is also influencing tire design priorities, with low-noise and extended-wear features gaining prominence.
Table of Contents
- Global Tire Market
- An Outline of the Global Tire Market
- Market Definition
- Market Segmentation
- Assumptions and Abbreviations
- Research Methodology & Approach
- Secondary Research
- Primary Research
- Data Triangulation
- SPSS Approach
- Executive Summary
- Unlocking Tire Insights: TBR, LTR, PCR Explained
- Analyzing Top TBR Tire Manufacturers: Financial Strength and Market Share
- Analyzing Top LTR Tire Manufacturers: Financial Strength and Market Share
- Analyzing Top PCR Tire Manufacturers: Financial Strength and Market Share
- Replacement vs. OEM: Brazil Tire Market Leaders
- Brazil Tire Market: Major Wholesalers and Their Business Profiles
- Brazil's PCR Tire Retailers: Online vs. Offline Market Share Breakdown
- Online vs. Offline: Brazil PCR Tire Market Growth Outlook
- Top Online PCR Tire Retailers in Brazil: Products, Sales, and Market Share Analysis
- Offline PCR Tire Market Outlook by Outlet Type
- Leading Offline PCR Tire Retailers: Sales Distribution by Outlet Type
- TBR & LTR Retail Landscape: Market Size by Outlet Type
- Top TBR & LTR Retailers: Sales, Market Share, and Distribution Insights
- Comparative Positioning
- Competitive Landscape
- Competitive Model
- Market Share
- Company Profile
- Bridgestone Corporation
- Continental AG
- Hankook Tire & Technology
- Maggion
- MICHELIN
- NEXEN TIRE
- Pirelli & C. S.p.A.
- Pneus Technic
- Rinaldi Tyres
- The Goodyear Tire & Rubber Company
- THE YOKOHAMA RUBBER CO., LTD.
- Titan International, Inc.
- Toyo Tire Corporation
- Global Outlook and Projections
- Global Overview
- Market Revenue by Value (USD Million), and Compound Annual Growth Rate (CAGR)
- Global Segmentation (USD million), 2026-2035, By By Vehicle Type
- Passenger Cars, Market Value (USD Million), Volume (Thousand Units), and CAGR, 2026-2035F
- Commercial Vehicle, Market Value (USD Million), Volume (Thousand Units), and CAGR, 2026-2035F
- Two Wheeler, Market Value (USD Million), Volume (Thousand Units), and CAGR, 2026-2035F
- By Season Type
- Summer Tires, Market Value (USD Million), Volume (Thousand Units), and CAGR, 2026-2035F
- Winter Tires, Market Value (USD Million), Volume (Thousand Units), and CAGR, 2026-2035F
- All-Season Tires, Market Value (USD Million), Volume (Thousand Units), and CAGR, 2026-2035F
- By Application
- On-the-Road, Market Value (USD Million), and CAGR, 2026-2035F
- Off-the-Road, Market Value (USD Million), and CAGR, 2020-2035F
- By Rim Size
- 13-15 inches, Market Value (USD Million), and CAGR, 2026-2035F
19-21 inches, Market Value (USD Million), and CAGR, 2026-2035F
- Above 21 inches, Market Value (USD Million), and CAGR, 2026-2035F
- By Tire Tube
- Tubeless, Market Value (USD Million) and CAGR, 2026-2035F
- Tube, Market Value (USD Million) and CAGR, 2026-2035F
- By End User
- Original Equipment Manufacturer (OEM), Market Value (USD Million), and CAGR, 2026-2035F
- Aftermarket, Market Value (USD Million) and CAGR, 2026-2035F
- By Distribution Channel
- Online, Market Value (USD Million) and CAGR, 2026-2035F
- Offline, Market Value (USD Million) and CAGR, 2026-2035F
- By Design
- Radial Tires, Market Value (USD Million), Volume (Thousand Units) and CAGR, 2026-2035F
- TBR (Truck and Bus Radial), Market Value (USD Million), Volume (Thousand Units), and CAGR, 2026-2035F
- LTR (Light Truck Radial), Market Value (USD Million), Volume (Thousand Units), and CAGR, 2026-2035F
- PCR (Passenger Car Radial), Market Value (USD Million), Volume (Thousand Units), and CAGR, 2026-2035F
- Two Wheeler, Market Value (USD Million), Volume (Thousand Units), and CAGR, 2026-2035F
- Bias Tires, Market Value (USD Million), Volume (Thousand Units), and CAGR, 2026-2035F
- Regional Synopsis, Value (USD million), 2026-2035
- North America Market Value (USD Million), Volume (Million Units), and CAGR & Y-o-Y Growth Trend, 2026-2035F
- Europe Market Value (USD Million), Volume (Million Units), and CAGR & Y-o-Y Growth Trend, 2026-2035F
- Asia Pacific Market Value (USD Million), Volume (Million Units), and CAGR & Y-o-Y Growth Trend, 2026-2035F
- Latin America Market Value (USD Million), Volume (Million Units), and CAGR & Y-o-Y Growth Trend, 2026-2035F
- Middle East and Africa Market Value (USD Million), Volume (Million Units), and CAGR & Y-o-Y Growth Trend, 2026-2035F
- North America Market
- Overview
- Market Revenue by Value (USD Million), and Compound Annual Growth Rate (CAGR)
- Increment $ Opportunity Assessment, 2026-2035
- Segmentation (USD million), 2026-2035, By By Vehicle Type
- Passenger Cars, Market Value (USD Million), Volume (Thousand Units), and CAGR, 2026-2035F
- Commercial Vehicle, Market Value (USD Million), Volume (Thousand Units), and CAGR, 2026-2035F
- Two Wheeler, Market Value (USD Million), Volume (Thousand Units), and CAGR, 2026-2035F
- By Season Type
- Summer Tires, Market Value (USD Million), Volume (Thousand Units), and CAGR, 2026-2035F
- Winter Tires, Market Value (USD Million), Volume (Thousand Units), and CAGR, 2026-2035F
- All-Season Tires, Market Value (USD Million), Volume (Thousand Units), and CAGR, 2026-2035F
- By Application
- On-the-Road, Market Value (USD Million), and CAGR, 2026-2035F
- Off-the-Road, Market Value (USD Million), and CAGR, 2020-2035F
- By Rim Size
- 13-15 inches, Market Value (USD Million), and CAGR, 2026-2035F
19-21 inches, Market Value (USD Million), and CAGR, 2026-2035F
- Above 21 inches, Market Value (USD Million), and CAGR, 2026-2035F
- By Tire Tube
- Tubeless, Market Value (USD Million) and CAGR, 2026-2035F
- Tube, Market Value (USD Million) and CAGR, 2026-2035F
- By End User
- Original Equipment Manufacturer (OEM), Market Value (USD Million), and CAGR, 2026-2035F
- Aftermarket, Market Value (USD Million) and CAGR, 2026-2035F
- By Distribution Channel
- Online, Market Value (USD Million) and CAGR, 2026-2035F
- Offline, Market Value (USD Million) and CAGR, 2026-2035F
- By Design
- Radial Tires, Market Value (USD Million), Volume (Thousand Units) and CAGR, 2026-2035F
- TBR (Truck and Bus Radial), Market Value (USD Million), Volume (Thousand Units), and CAGR, 2026-2035F
- LTR (Light Truck Radial), Market Value (USD Million), Volume (Thousand Units), and CAGR, 2026-2035F
- PCR (Passenger Car Radial), Market Value (USD Million), Volume (Thousand Units), and CAGR, 2026-2035F
- Two Wheeler, Market Value (USD Million), Volume (Thousand Units), and CAGR, 2026-2035F
- Bias Tires, Market Value (USD Million), Volume (Thousand Units), and CAGR, 2026-2035F
- Country Level Analysis, Value (USD million)
- U.S. Market Value (USD Million), Volume (Million Units), and CAGR & Y-o-Y Growth Trend, 2026-2035F
- Canada Market Value (USD Million), Volume (Million Units), and CAGR & Y-o-Y Growth Trend, 2026-2035F
- Europe Market
- Overview
- Market Revenue by Value (USD Million), and Compound Annual Growth Rate (CAGR)
- Increment $ Opportunity Assessment, 2026-2035
- Segmentation (USD million), 2026-2035, By By Vehicle Type
- Passenger Cars, Market Value (USD Million), Volume (Thousand Units), and CAGR, 2026-2035F
- Commercial Vehicle, Market Value (USD Million), Volume (Thousand Units), and CAGR, 2026-2035F
- Two Wheeler, Market Value (USD Million), Volume (Thousand Units), and CAGR, 2026-2035F
- By Season Type
- Summer Tires, Market Value (USD Million), Volume (Thousand Units), and CAGR, 2026-2035F
- Winter Tires, Market Value (USD Million), Volume (Thousand Units), and CAGR, 2026-2035F
- All-Season Tires, Market Value (USD Million), Volume (Thousand Units), and CAGR, 2026-2035F
- By Application
- On-the-Road, Market Value (USD Million), and CAGR, 2026-2035F
- Off-the-Road, Market Value (USD Million), and CAGR, 2020-2035F
- By Rim Size
- 13-15 inches, Market Value (USD Million), and CAGR, 2026-2035F
19-21 inches, Market Value (USD Million), and CAGR, 2026-2035F
- Above 21 inches, Market Value (USD Million), and CAGR, 2026-2035F
- By Tire Tube
- Tubeless, Market Value (USD Million) and CAGR, 2026-2035F
- Tube, Market Value (USD Million) and CAGR, 2026-2035F
- By End User
- Original Equipment Manufacturer (OEM), Market Value (USD Million), and CAGR, 2026-2035F
- Aftermarket, Market Value (USD Million) and CAGR, 2026-2035F
- By Distribution Channel
- Online, Market Value (USD Million) and CAGR, 2026-2035F
- Offline, Market Value (USD Million) and CAGR, 2026-2035F
- By Design
- Radial Tires, Market Value (USD Million), Volume (Thousand Units) and CAGR, 2026-2035F
- TBR (Truck and Bus Radial), Market Value (USD Million), Volume (Thousand Units), and CAGR, 2026-2035F
- LTR (Light Truck Radial), Market Value (USD Million), Volume (Thousand Units), and CAGR, 2026-2035F
- PCR (Passenger Car Radial), Market Value (USD Million), Volume (Thousand Units), and CAGR, 2026-2035F
- Two Wheeler, Market Value (USD Million), Volume (Thousand Units), and CAGR, 2026-2035F
- Bias Tires, Market Value (USD Million), Volume (Thousand Units), and CAGR, 2026-2035F
- Country Level Analysis, Value (USD million)
- UK Market Value (USD Million), Volume (Million Units), and CAGR & Y-o-Y Growth Trend, 2026-2035F
- Germany Market Value (USD Million), Volume (Million Units), and CAGR & Y-o-Y Growth Trend, 2026-2035F
- France Market Value (USD Million), Volume (Million Units), and CAGR & Y-o-Y Growth Trend, 2026-2035F
- Italy Market Value (USD Million), Volume (Million Units), and CAGR & Y-o-Y Growth Trend, 2026-2035F
- Spain Market Value (USD Million), Volume (Million Units), and CAGR & Y-o-Y Growth Trend, 2026-2035F
- Netherlands Market Value (USD Million), Volume (Million Units), and CAGR & Y-o-Y Growth Trend, 2026-2035F
- Russia Market Value (USD Million), Volume (Million Units), and CAGR & Y-o-Y Growth Trend, 2026-2035F
- Switzerland Market Value (USD Million), Volume (Million Units), and CAGR & Y-o-Y Growth Trend, 2026-2035F
- Poland Market Value (USD Million), Volume (Million Units), and CAGR & Y-o-Y Growth Trend, 2026-2035F
- Belgium Market Value (USD Million), Volume (Million Units), and CAGR & Y-o-Y Growth Trend, 2026-2035F
- Rest of Europe Market Value (USD Million), Volume (Million Units), and CAGR & Y-o-Y Growth Trend, 2026-2035F
- Asia Pacific Market
- Overview
- Market Revenue by Value (USD Million), and Compound Annual Growth Rate (CAGR)
- Increment $ Opportunity Assessment, 2026-2035
- Segmentation (USD million), 2026-2035, By By Vehicle Type
- Passenger Cars, Market Value (USD Million), Volume (Thousand Units), and CAGR, 2026-2035F
- Commercial Vehicle, Market Value (USD Million), Volume (Thousand Units), and CAGR, 2026-2035F
- Two Wheeler, Market Value (USD Million), Volume (Thousand Units), and CAGR, 2026-2035F
- By Season Type
- Summer Tires, Market Value (USD Million), Volume (Thousand Units), and CAGR, 2026-2035F
- Winter Tires, Market Value (USD Million), Volume (Thousand Units), and CAGR, 2026-2035F
- All-Season Tires, Market Value (USD Million), Volume (Thousand Units), and CAGR, 2026-2035F
- By Application
- On-the-Road, Market Value (USD Million), and CAGR, 2026-2035F
- Off-the-Road, Market Value (USD Million), and CAGR, 2020-2035F
- By Rim Size
- 13-15 inches, Market Value (USD Million), and CAGR, 2026-2035F
19-21 inches, Market Value (USD Million), and CAGR, 2026-2035F
- Above 21 inches, Market Value (USD Million), and CAGR, 2026-2035F
- By Tire Tube
- Tubeless, Market Value (USD Million) and CAGR, 2026-2035F
- Tube, Market Value (USD Million) and CAGR, 2026-2035F
- By End User
- Original Equipment Manufacturer (OEM), Market Value (USD Million), and CAGR, 2026-2035F
- Aftermarket, Market Value (USD Million) and CAGR, 2026-2035F
- By Distribution Channel
- Online, Market Value (USD Million) and CAGR, 2026-2035F
- Offline, Market Value (USD Million) and CAGR, 2026-2035F
- By Design
- Radial Tires, Market Value (USD Million), Volume (Thousand Units) and CAGR, 2026-2035F
- TBR (Truck and Bus Radial), Market Value (USD Million), Volume (Thousand Units), and CAGR, 2026-2035F
- LTR (Light Truck Radial), Market Value (USD Million), Volume (Thousand Units), and CAGR, 2026-2035F
- PCR (Passenger Car Radial), Market Value (USD Million), Volume (Thousand Units), and CAGR, 2026-2035F
- Two Wheeler, Market Value (USD Million), Volume (Thousand Units), and CAGR, 2026-2035F
- Bias Tires, Market Value (USD Million), Volume (Thousand Units), and CAGR, 2026-2035F
- Country Level Analysis, Value (USD million)
- China Market Value (USD Million), Volume (Million Units), and CAGR & Y-o-Y Growth Trend, 2026-2035F
- India Market Value (USD Million), Volume (Million Units), and CAGR & Y-o-Y Growth Trend, 2026-2035F
- South Korea Market Value (USD Million), Volume (Million Units), and CAGR & Y-o-Y Growth Trend, 2026-2035F
- Australia Market Value (USD Million), Volume (Million Units), and CAGR & Y-o-Y Growth Trend, 2026-2035F
- Indonesia Market Value (USD Million), Volume (Million Units), and CAGR & Y-o-Y Growth Trend, 2026-2035F
- Malaysia Market Value (USD Million), Volume (Million Units), and CAGR & Y-o-Y Growth Trend, 2026-2035F
- Vietnam Market Value (USD Million), Volume (Million Units), and CAGR & Y-o-Y Growth Trend, 2026-2035F
- Thailand Market Value (USD Million), Volume (Million Units), and CAGR & Y-o-Y Growth Trend, 2026-2035F
- Singapore Market Value (USD Million), Volume (Million Units), and CAGR & Y-o-Y Growth Trend, 2026-2035F
- New Zeeland Market Value (USD Million), Volume (Million Units), and CAGR & Y-o-Y Growth Trend, 2026-2035F
- Rest of Asia Pacific Excluding Japan Market Value (USD Million), Volume (Million Units), and CAGR & Y-o-Y Growth Trend, 2026-2035F
- Latin America Market
- Overview
- Market Revenue by Value (USD Million), and Compound Annual Growth Rate (CAGR)
- Increment $ Opportunity Assessment, 2026-2035
- Year-on-Year Growth Forecast (%)
- Segmentation (USD million), 2026-2035, By By Vehicle Type
- Passenger Cars, Market Value (USD Million), Volume (Thousand Units), and CAGR, 2026-2035F
- Commercial Vehicle, Market Value (USD Million), Volume (Thousand Units), and CAGR, 2026-2035F
- Two Wheeler, Market Value (USD Million), Volume (Thousand Units), and CAGR, 2026-2035F
- By Season Type
- Summer Tires, Market Value (USD Million), Volume (Thousand Units), and CAGR, 2026-2035F
- Winter Tires, Market Value (USD Million), Volume (Thousand Units), and CAGR, 2026-2035F
- All-Season Tires, Market Value (USD Million), Volume (Thousand Units), and CAGR, 2026-2035F
- By Application
- On-the-Road, Market Value (USD Million), and CAGR, 2026-2035F
- Off-the-Road, Market Value (USD Million), and CAGR, 2020-2035F
- By Rim Size
- 13-15 inches, Market Value (USD Million), and CAGR, 2026-2035F
19-21 inches, Market Value (USD Million), and CAGR, 2026-2035F
- Above 21 inches, Market Value (USD Million), and CAGR, 2026-2035F
- By Tire Tube
- Tubeless, Market Value (USD Million) and CAGR, 2026-2035F
- Tube, Market Value (USD Million) and CAGR, 2026-2035F
- By End User
- Original Equipment Manufacturer (OEM), Market Value (USD Million), and CAGR, 2026-2035F
- Aftermarket, Market Value (USD Million) and CAGR, 2026-2035F
- By Distribution Channel
- Online, Market Value (USD Million) and CAGR, 2026-2035F
- Offline, Market Value (USD Million) and CAGR, 2026-2035F
- By Design
- Radial Tires, Market Value (USD Million), Volume (Thousand Units) and CAGR, 2026-2035F
- TBR (Truck and Bus Radial), Market Value (USD Million), Volume (Thousand Units), and CAGR, 2026-2035F
- LTR (Light Truck Radial), Market Value (USD Million), Volume (Thousand Units), and CAGR, 2026-2035F
- PCR (Passenger Car Radial), Market Value (USD Million), Volume (Thousand Units), and CAGR, 2026-2035F
- Two Wheeler, Market Value (USD Million), Volume (Thousand Units), and CAGR, 2026-2035F
- Bias Tires, Market Value (USD Million), Volume (Thousand Units), and CAGR, 2026-2035F
- Country Level Analysis, Value (USD million)
- Brazil Market Value (USD Million), Volume (Million Units), and CAGR & Y-o-Y Growth Trend, 2026-2035F
- Argentina Market Value (USD Million), Volume (Million Units), and CAGR & Y-o-Y Growth Trend, 2026-2035F
- Mexico Market Value (USD Million), Volume (Million Units), and CAGR & Y-o-Y Growth Trend, 2026-2035F
- Rest of Latin America Market Value (USD Million), Volume (Million Units), and CAGR & Y-o-Y Growth Trend, 2026-2035F
- Middle East & Africa Market
- Overview
- Market Revenue by Value (USD Million), and Compound Annual Growth Rate (CAGR)
- Increment $ Opportunity Assessment, 2026-2035
- Year-on-Year Growth Forecast (%)
- Segmentation (USD million), 2026-2035, By By Vehicle Type
- Passenger Cars, Market Value (USD Million), Volume (Thousand Units), and CAGR, 2026-2035F
- Commercial Vehicle, Market Value (USD Million), Volume (Thousand Units), and CAGR, 2026-2035F
- Two Wheeler, Market Value (USD Million), Volume (Thousand Units), and CAGR, 2026-2035F
- By Season Type
- Summer Tires, Market Value (USD Million), Volume (Thousand Units), and CAGR, 2026-2035F
- Winter Tires, Market Value (USD Million), Volume (Thousand Units), and CAGR, 2026-2035F
- All-Season Tires, Market Value (USD Million), Volume (Thousand Units), and CAGR, 2026-2035F
- By Application
- On-the-Road, Market Value (USD Million), and CAGR, 2026-2035F
- Off-the-Road, Market Value (USD Million), and CAGR, 2020-2035F
- By Rim Size
- 13-15 inches, Market Value (USD Million), and CAGR, 2026-2035F
19-21 inches, Market Value (USD Million), and CAGR, 2026-2035F
- Above 21 inches, Market Value (USD Million), and CAGR, 2026-2035F
- By Tire Tube
- Tubeless, Market Value (USD Million) and CAGR, 2026-2035F
- Tube, Market Value (USD Million) and CAGR, 2026-2035F
- By End User
- Original Equipment Manufacturer (OEM), Market Value (USD Million), and CAGR, 2026-2035F
- Aftermarket, Market Value (USD Million) and CAGR, 2026-2035F
- By Distribution Channel
- Online, Market Value (USD Million) and CAGR, 2026-2035F
- Offline, Market Value (USD Million) and CAGR, 2026-2035F
- By Design
- Radial Tires, Market Value (USD Million), Volume (Thousand Units) and CAGR, 2026-2035F
- TBR (Truck and Bus Radial), Market Value (USD Million), Volume (Thousand Units), and CAGR, 2026-2035F
- LTR (Light Truck Radial), Market Value (USD Million), Volume (Thousand Units), and CAGR, 2026-2035F
- PCR (Passenger Car Radial), Market Value (USD Million), Volume (Thousand Units), and CAGR, 2026-2035F
- Two Wheeler, Market Value (USD Million), Volume (Thousand Units), and CAGR, 2026-2035F
- Bias Tires, Market Value (USD Million), Volume (Thousand Units), and CAGR, 2026-2035F
- Country Level Analysis, Value (USD million)
- Saudi Arabia Market Value (USD Million), Volume (Million Units), and CAGR & Y-o-Y Growth Trend, 2026-2035F
- UAE Market Value (USD Million), Volume (Million Units), and CAGR & Y-o-Y Growth Trend, 2026-2035F
- Israel Market Value (USD Million), Volume (Million Units), and CAGR & Y-o-Y Growth Trend, 2026-2035F
- Qatar Market Value (USD Million), Volume (Million Units), and CAGR & Y-o-Y Growth Trend, 2026-2035F
- Kuwait Market Value (USD Million), Volume (Million Units), and CAGR & Y-o-Y Growth Trend, 2026-2035F
- Oman Market Value (USD Million), Volume (Million Units), and CAGR & Y-o-Y Growth Trend, 2026-2035F
- South Africa Market Value (USD Million), Volume (Million Units), and CAGR & Y-o-Y Growth Trend, 2026-2035F
- Rest of Middle East & Africa Market Value (USD Million), Volume (Million Units), and CAGR & Y-o-Y Growth Trend, 2026-2035F
- About the Publisher
Companies Mentioned
- Michelin
- Bridgestone
- Goodyear
- Continental
- Pirelli
- Sumitomo Rubber
- Hankook Tire
- Yokohama Rubber
- Zhongce Rubber
- Sailun Group
- Toyo Tires
- Maxxis
- Kumho Tire
- Apollo Tyres
- MRF Tyres
- Giti Tire
- Linglong Tire
- Nexen Tire
- JK Tyre
- CEAT