Product Code: ETC13410715 | Publication Date: Apr 2025 | Updated Date: Jul 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | Author: Shubham Padhi | No. of Pages: 190 | No. of Figures: 80 | No. of Tables: 40 |
According to 6Wresearch internal database and industry insights, the Global Automotive Tires Market was valued at USD 254.6 Billion in 2024 and is expected to reach USD 322.3 Billion by 2031, growing at a compound annual growth rate of 5.50% during the forecast period (2025-2031).
The Global Automotive Tires Market is a dynamic and rapidly evolving industry driven by factors such as increasing vehicle production, rising demand for high-performance tires, and advancements in tire technology. Market trends include a growing focus on sustainability and eco-friendly tire options, as well as the emergence of innovative tire designs to enhance fuel efficiency and safety. Key players in the market are investing in research and development to introduce new materials and technologies, such as run-flat tires and self-inflating tires, catering to changing consumer preferences. Regional market trends vary, with Asia-Pacific leading in terms of production and consumption, followed by North America and Europe. Overall, the market is projected to witness steady growth due to increasing vehicle sales globally and the ongoing emphasis on improving tire performance and durability.
The Global Automotive Tires Market is witnessing several key trends and opportunities. The shift towards electric vehicles and the increasing adoption of advanced driver-assistance systems (ADAS) are driving the demand for tires with enhanced durability and performance. Furthermore, the growing emphasis on sustainability and fuel efficiency is leading to the development of eco-friendly tires made from innovative materials. The rise of e-commerce platforms for tire sales and the increasing focus on tire recycling and circular economy practices present opportunities for market growth. Additionally, the expanding middle-class population in emerging markets and the surge in vehicle sales are expected to boost the automotive tires market further. Overall, there is a growing demand for technologically advanced, sustainable, and high-performance tires in the global automotive industry.
The Global Automotive Tires Market faces several challenges including intense competition among key players, fluctuating raw material prices, stringent regulations regarding tire manufacturing and disposal, and the impact of trade tariffs on international tire sales. Additionally, the shift towards electric vehicles and the development of autonomous driving technologies pose challenges for traditional tire manufacturers to adapt and innovate their products to meet the changing demands of the automotive industry. Furthermore, the increasing demand for sustainable and eco-friendly tire options, coupled with the need for improved durability and performance, presents a challenge for tire manufacturers to invest in research and development to stay competitive in the market.
The Global Automotive Tires Market is primarily driven by the increasing demand for vehicles worldwide, particularly in emerging markets. The growing automotive industry, coupled with rising disposable incomes and changing consumer preferences for high-performance tires, is fueling the market growth. Additionally, stringent regulations mandating the use of fuel-efficient and environmentally friendly tires are pushing manufacturers to innovate and develop sustainable tire solutions. Technological advancements such as the integration of sensors for tire monitoring systems and the development of self-healing tires are also contributing to market expansion. Furthermore, the rising trend of electric vehicles and autonomous driving is creating opportunities for tire manufacturers to develop specialized tires to cater to these segments, further driving market growth.
Government policies related to the Global Automotive Tires Market include regulations on tire labeling, safety standards, and environmental sustainability. Many countries have implemented labeling requirements to provide consumers with information on tire performance, fuel efficiency, and noise levels. Safety standards govern the quality and durability of tires to ensure they meet specified requirements for vehicle performance and road safety. Additionally, there is a growing emphasis on promoting environmental sustainability in the tire industry, with regulations aimed at reducing tire waste and promoting the use of eco-friendly materials in tire manufacturing. These government policies play a crucial role in shaping the automotive tires market by influencing product development, consumer choices, and industry practices.
The Global Automotive Tires Market is expected to witness steady growth in the coming years, driven by factors such as increasing vehicle production, rising demand for fuel-efficient tires, and technological advancements in tire materials and designs. The shift towards electric vehicles and autonomous driving technology is also anticipated to create new opportunities for tire manufacturers. Additionally, the growing emphasis on sustainability and environmental concerns is driving the development of eco-friendly tires. However, challenges such as fluctuating raw material prices and intense competition among key players may impact market growth. Overall, the adoption of innovative tire technologies, coupled with evolving consumer preferences and regulatory changes, is likely to shape the future landscape of the Global Automotive Tires Market.
In the Global Automotive Tires Market, Asia is expected to lead in terms of market share and growth due to the increasing vehicle production and sales in countries like China and India. North America is forecasted to witness steady growth driven by the demand for high-performance tires and advancements in tire technology. Europe is projected to have a mature market with a focus on sustainability and innovation in tire manufacturing. The Middle East and Africa region is anticipated to experience moderate growth due to improving infrastructure and increasing investments in the automotive sector. Latin America is expected to see growth opportunities from the expanding automotive industry and rising disposable incomes in countries like Brazil and Mexico. Overall, the global automotive tires market is poised for growth across all regions with varying dynamics influencing market trends.
Global Automotive Tires Market |
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Global Automotive Tires Market Overview |
3.1 Global Regional Macro Economic Indicators |
3.2 Global Automotive Tires Market Revenues & Volume, 2021 & 2031F |
3.3 Global Automotive Tires Market - Industry Life Cycle |
3.4 Global Automotive Tires Market - Porter's Five Forces |
3.5 Global Automotive Tires Market Revenues & Volume Share, By Regions, 2021 & 2031F |
3.6 Global Automotive Tires Market Revenues & Volume Share, By Section Width, 2021 & 2031F |
3.7 Global Automotive Tires Market Revenues & Volume Share, By Vehicle Type, 2021 & 2031F |
3.8 Global Automotive Tires Market Revenues & Volume Share, By Vehicle Type, 2021 & 2031F |
3.9 Global Automotive Tires Market Revenues & Volume Share, By Aspect Ratio, 2021 & 2031F |
3.10 Global Automotive Tires Market Revenues & Volume Share, By Aspect Ratio, 2021 & 2031F |
3.11 Global Automotive Tires Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.12 Global Automotive Tires Market Revenues & Volume Share, By Rim Size, 2021 & 2031F |
3.13 Global Automotive Tires Market Revenues & Volume Share, By Season, 2021 & 2031F |
4 Global Automotive Tires Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Global Automotive Tires Market Trends |
6 Global Automotive Tires Market, 2021 - 2031 |
6.1 Global Automotive Tires Market, Revenues & Volume, By Section Width, 2021 - 2031 |
6.1.1 Overview & Analysis |
6.1.2 Global Automotive Tires Market, Revenues & Volume, By <200MM, 2021 - 2031 |
6.1.3 Global Automotive Tires Market, Revenues & Volume, By 200-230MM, 2021 - 2031 |
6.1.4 Global Automotive Tires Market, Revenues & Volume, By >230MM, 2021 - 2031 |
6.2 Global Automotive Tires Market, Revenues & Volume, By Vehicle Type, 2021 - 2031 |
6.2.1 Overview & Analysis |
6.2.2 Global Automotive Tires Market, Revenues & Volume, By Passenger Car, 2021 - 2031 |
6.2.3 Global Automotive Tires Market, Revenues & Volume, By Light Commercial Vehicle, 2021 - 2031 |
6.2.4 Global Automotive Tires Market, Revenues & Volume, By Heavy Commercial Vehicle, 2021 - 2031 |
6.3 Global Automotive Tires Market, Revenues & Volume, By Vehicle Type, 2021 - 2031 |
6.3.1 Overview & Analysis |
6.3.2 Global Automotive Tires Market, Revenues & Volume, By Passenger Car, 2021 - 2031 |
6.3.3 Global Automotive Tires Market, Revenues & Volume, By Light Commercial Vehicle, 2021 - 2031 |
6.3.4 Global Automotive Tires Market, Revenues & Volume, By Heavy Commercial Vehicle, 2021 - 2031 |
6.4 Global Automotive Tires Market, Revenues & Volume, By Aspect Ratio, 2021 - 2031 |
6.4.1 Overview & Analysis |
6.4.2 Global Automotive Tires Market, Revenues & Volume, By <60, 2021 - 2031 |
6.4.3 Global Automotive Tires Market, Revenues & Volume, By 60-70, 2021 - 2031 |
6.4.4 Global Automotive Tires Market, Revenues & Volume, By >70, 2021 - 2031 |
6.5 Global Automotive Tires Market, Revenues & Volume, By Aspect Ratio, 2021 - 2031 |
6.5.1 Overview & Analysis |
6.5.2 Global Automotive Tires Market, Revenues & Volume, By <60, 2021 - 2031 |
6.5.3 Global Automotive Tires Market, Revenues & Volume, By 60-70, 2021 - 2031 |
6.5.4 Global Automotive Tires Market, Revenues & Volume, By >70, 2021 - 2031 |
6.6 Global Automotive Tires Market, Revenues & Volume, By Type, 2021 - 2031 |
6.6.1 Overview & Analysis |
6.6.2 Global Automotive Tires Market, Revenues & Volume, By Radial, 2021 - 2031 |
6.6.3 Global Automotive Tires Market, Revenues & Volume, By Bias, 2021 - 2031 |
6.7 Global Automotive Tires Market, Revenues & Volume, By Rim Size, 2021 - 2031 |
6.7.1 Overview & Analysis |
6.7.2 Global Automotive Tires Market, Revenues & Volume, By 13"-15, 2021 - 2031 |
6.7.3 Global Automotive Tires Market, Revenues & Volume, By 16"-18, 2021 - 2031 |
6.7.4 Global Automotive Tires Market, Revenues & Volume, By 19"-21, 2021 - 2031 |
6.7.5 Global Automotive Tires Market, Revenues & Volume, By >21", 2021 - 2031 |
6.8 Global Automotive Tires Market, Revenues & Volume, By Season, 2021 - 2031 |
6.8.1 Overview & Analysis |
6.8.2 Global Automotive Tires Market, Revenues & Volume, By Summer, 2021 - 2031 |
6.8.3 Global Automotive Tires Market, Revenues & Volume, By Winter, 2021 - 2031 |
6.8.4 Global Automotive Tires Market, Revenues & Volume, By All Seasons, 2021 - 2031 |
7 North America Automotive Tires Market, Overview & Analysis |
7.1 North America Automotive Tires Market Revenues & Volume, 2021 - 2031 |
7.2 North America Automotive Tires Market, Revenues & Volume, By Countries, 2021 - 2031 |
7.2.1 United States (US) Automotive Tires Market, Revenues & Volume, 2021 - 2031 |
7.2.2 Canada Automotive Tires Market, Revenues & Volume, 2021 - 2031 |
7.2.3 Rest of North America Automotive Tires Market, Revenues & Volume, 2021 - 2031 |
7.3 North America Automotive Tires Market, Revenues & Volume, By Section Width, 2021 - 2031 |
7.4 North America Automotive Tires Market, Revenues & Volume, By Vehicle Type, 2021 - 2031 |
7.5 North America Automotive Tires Market, Revenues & Volume, By Vehicle Type, 2021 - 2031 |
7.6 North America Automotive Tires Market, Revenues & Volume, By Aspect Ratio, 2021 - 2031 |
7.7 North America Automotive Tires Market, Revenues & Volume, By Aspect Ratio, 2021 - 2031 |
7.8 North America Automotive Tires Market, Revenues & Volume, By Type, 2021 - 2031 |
7.9 North America Automotive Tires Market, Revenues & Volume, By Rim Size, 2021 - 2031 |
7.10 North America Automotive Tires Market, Revenues & Volume, By Season, 2021 - 2031 |
8 Latin America (LATAM) Automotive Tires Market, Overview & Analysis |
8.1 Latin America (LATAM) Automotive Tires Market Revenues & Volume, 2021 - 2031 |
8.2 Latin America (LATAM) Automotive Tires Market, Revenues & Volume, By Countries, 2021 - 2031 |
8.2.1 Brazil Automotive Tires Market, Revenues & Volume, 2021 - 2031 |
8.2.2 Mexico Automotive Tires Market, Revenues & Volume, 2021 - 2031 |
8.2.3 Argentina Automotive Tires Market, Revenues & Volume, 2021 - 2031 |
8.2.4 Rest of LATAM Automotive Tires Market, Revenues & Volume, 2021 - 2031 |
8.3 Latin America (LATAM) Automotive Tires Market, Revenues & Volume, By Section Width, 2021 - 2031 |
8.4 Latin America (LATAM) Automotive Tires Market, Revenues & Volume, By Vehicle Type, 2021 - 2031 |
8.5 Latin America (LATAM) Automotive Tires Market, Revenues & Volume, By Vehicle Type, 2021 - 2031 |
8.6 Latin America (LATAM) Automotive Tires Market, Revenues & Volume, By Aspect Ratio, 2021 - 2031 |
8.7 Latin America (LATAM) Automotive Tires Market, Revenues & Volume, By Aspect Ratio, 2021 - 2031 |
8.8 Latin America (LATAM) Automotive Tires Market, Revenues & Volume, By Type, 2021 - 2031 |
8.9 Latin America (LATAM) Automotive Tires Market, Revenues & Volume, By Rim Size, 2021 - 2031 |
8.10 Latin America (LATAM) Automotive Tires Market, Revenues & Volume, By Season, 2021 - 2031 |
9 Asia Automotive Tires Market, Overview & Analysis |
9.1 Asia Automotive Tires Market Revenues & Volume, 2021 - 2031 |
9.2 Asia Automotive Tires Market, Revenues & Volume, By Countries, 2021 - 2031 |
9.2.1 India Automotive Tires Market, Revenues & Volume, 2021 - 2031 |
9.2.2 China Automotive Tires Market, Revenues & Volume, 2021 - 2031 |
9.2.3 Japan Automotive Tires Market, Revenues & Volume, 2021 - 2031 |
9.2.4 Rest of Asia Automotive Tires Market, Revenues & Volume, 2021 - 2031 |
9.3 Asia Automotive Tires Market, Revenues & Volume, By Section Width, 2021 - 2031 |
9.4 Asia Automotive Tires Market, Revenues & Volume, By Vehicle Type, 2021 - 2031 |
9.5 Asia Automotive Tires Market, Revenues & Volume, By Vehicle Type, 2021 - 2031 |
9.6 Asia Automotive Tires Market, Revenues & Volume, By Aspect Ratio, 2021 - 2031 |
9.7 Asia Automotive Tires Market, Revenues & Volume, By Aspect Ratio, 2021 - 2031 |
9.8 Asia Automotive Tires Market, Revenues & Volume, By Type, 2021 - 2031 |
9.9 Asia Automotive Tires Market, Revenues & Volume, By Rim Size, 2021 - 2031 |
9.10 Asia Automotive Tires Market, Revenues & Volume, By Season, 2021 - 2031 |
10 Africa Automotive Tires Market, Overview & Analysis |
10.1 Africa Automotive Tires Market Revenues & Volume, 2021 - 2031 |
10.2 Africa Automotive Tires Market, Revenues & Volume, By Countries, 2021 - 2031 |
10.2.1 South Africa Automotive Tires Market, Revenues & Volume, 2021 - 2031 |
10.2.2 Egypt Automotive Tires Market, Revenues & Volume, 2021 - 2031 |
10.2.3 Nigeria Automotive Tires Market, Revenues & Volume, 2021 - 2031 |
10.2.4 Rest of Africa Automotive Tires Market, Revenues & Volume, 2021 - 2031 |
10.3 Africa Automotive Tires Market, Revenues & Volume, By Section Width, 2021 - 2031 |
10.4 Africa Automotive Tires Market, Revenues & Volume, By Vehicle Type, 2021 - 2031 |
10.5 Africa Automotive Tires Market, Revenues & Volume, By Vehicle Type, 2021 - 2031 |
10.6 Africa Automotive Tires Market, Revenues & Volume, By Aspect Ratio, 2021 - 2031 |
10.7 Africa Automotive Tires Market, Revenues & Volume, By Aspect Ratio, 2021 - 2031 |
10.8 Africa Automotive Tires Market, Revenues & Volume, By Type, 2021 - 2031 |
10.9 Africa Automotive Tires Market, Revenues & Volume, By Rim Size, 2021 - 2031 |
10.10 Africa Automotive Tires Market, Revenues & Volume, By Season, 2021 - 2031 |
11 Europe Automotive Tires Market, Overview & Analysis |
11.1 Europe Automotive Tires Market Revenues & Volume, 2021 - 2031 |
11.2 Europe Automotive Tires Market, Revenues & Volume, By Countries, 2021 - 2031 |
11.2.1 United Kingdom Automotive Tires Market, Revenues & Volume, 2021 - 2031 |
11.2.2 Germany Automotive Tires Market, Revenues & Volume, 2021 - 2031 |
11.2.3 France Automotive Tires Market, Revenues & Volume, 2021 - 2031 |
11.2.4 Rest of Europe Automotive Tires Market, Revenues & Volume, 2021 - 2031 |
11.3 Europe Automotive Tires Market, Revenues & Volume, By Section Width, 2021 - 2031 |
11.4 Europe Automotive Tires Market, Revenues & Volume, By Vehicle Type, 2021 - 2031 |
11.5 Europe Automotive Tires Market, Revenues & Volume, By Vehicle Type, 2021 - 2031 |
11.6 Europe Automotive Tires Market, Revenues & Volume, By Aspect Ratio, 2021 - 2031 |
11.7 Europe Automotive Tires Market, Revenues & Volume, By Aspect Ratio, 2021 - 2031 |
11.8 Europe Automotive Tires Market, Revenues & Volume, By Type, 2021 - 2031 |
11.9 Europe Automotive Tires Market, Revenues & Volume, By Rim Size, 2021 - 2031 |
11.10 Europe Automotive Tires Market, Revenues & Volume, By Season, 2021 - 2031 |
12 Middle East Automotive Tires Market, Overview & Analysis |
12.1 Middle East Automotive Tires Market Revenues & Volume, 2021 - 2031 |
12.2 Middle East Automotive Tires Market, Revenues & Volume, By Countries, 2021 - 2031 |
12.2.1 Saudi Arabia Automotive Tires Market, Revenues & Volume, 2021 - 2031 |
12.2.2 UAE Automotive Tires Market, Revenues & Volume, 2021 - 2031 |
12.2.3 Turkey Automotive Tires Market, Revenues & Volume, 2021 - 2031 |
12.3 Middle East Automotive Tires Market, Revenues & Volume, By Section Width, 2021 - 2031 |
12.4 Middle East Automotive Tires Market, Revenues & Volume, By Vehicle Type, 2021 - 2031 |
12.5 Middle East Automotive Tires Market, Revenues & Volume, By Vehicle Type, 2021 - 2031 |
12.6 Middle East Automotive Tires Market, Revenues & Volume, By Aspect Ratio, 2021 - 2031 |
12.7 Middle East Automotive Tires Market, Revenues & Volume, By Aspect Ratio, 2021 - 2031 |
12.8 Middle East Automotive Tires Market, Revenues & Volume, By Type, 2021 - 2031 |
12.9 Middle East Automotive Tires Market, Revenues & Volume, By Rim Size, 2021 - 2031 |
12.10 Middle East Automotive Tires Market, Revenues & Volume, By Season, 2021 - 2031 |
13 Global Automotive Tires Market Key Performance Indicators |
14 Global Automotive Tires Market - Export/Import By Countries Assessment |
15 Global Automotive Tires Market - Opportunity Assessment |
15.1 Global Automotive Tires Market Opportunity Assessment, By Countries, 2021 & 2031F |
15.2 Global Automotive Tires Market Opportunity Assessment, By Section Width, 2021 & 2031F |
15.3 Global Automotive Tires Market Opportunity Assessment, By Vehicle Type, 2021 & 2031F |
15.4 Global Automotive Tires Market Opportunity Assessment, By Vehicle Type, 2021 & 2031F |
15.5 Global Automotive Tires Market Opportunity Assessment, By Aspect Ratio, 2021 & 2031F |
15.6 Global Automotive Tires Market Opportunity Assessment, By Aspect Ratio, 2021 & 2031F |
15.7 Global Automotive Tires Market Opportunity Assessment, By Type, 2021 & 2031F |
15.8 Global Automotive Tires Market Opportunity Assessment, By Rim Size, 2021 & 2031F |
15.9 Global Automotive Tires Market Opportunity Assessment, By Season, 2021 & 2031F |
16 Global Automotive Tires Market - Competitive Landscape |
16.1 Global Automotive Tires Market Revenue Share, By Companies, 2024 |
16.2 Global Automotive Tires Market Competitive Benchmarking, By Operating and Technical Parameters |
17 Top 10 Company Profiles |
18 Recommendations |
19 Disclaimer |