What is the size of the tyre market in India | Insights, Trends & Growth Analysis 2026

Code: MTA11710 Publication Date: Dec 2025

What is the growth rate of the India Tyre Market?

According to 6Wresearch internal database and industry insights, India Tyre Market is expanding at a CAGR of 7.2% during the forecast period 2025-2031.

The market is expanding due to rising vehicle production, increasing replacement tyre demand, expansion of commercial transportation, growth of rural mobility, and rising preference for durable and fuel-efficient tyres across passenger, commercial, and two-wheeler segments.

Key Growth Drivers of the India Tyre Market

  • Increasing automobile sales across passenger and commercial categories
  • Growing demand for replacements as people are traveling by road
  • The growth of logistics and transportation is leading to more use of heavy-duty tires.
  • New tire technologies that make tires last longer and use less fuel
  • Growth of e-commerce and delivery to the last mile more frequent tire wear cycles

India Tyre Market Trends

India Tyre Market is witnessing major growth with trends such as rising adoption of radial tyres across trucks, buses, and passenger cars for improved ride comfort and mileage. Demand for tubeless tyres is increasing due to enhanced safety and lower maintenance requirements. The market is also observing strong traction in premium performance tyres across urban regions. Smart tyres equipped with pressure sensors are gradually entering the market. Additionally, off-road and all-terrain tyres are gaining popularity due to expansion in construction and agricultural activities. Manufacturers are focusing on lightweight yet high-strength materials to improve efficiency. Furthermore, online tire stores are popping up all over cities at a fast rate.

Emerging Developments in the India Tyre Market

India Tyre Market is evolving with advancements in eco-friendly tyre manufacturing using sustainable materials and energy-efficient processes. Companies are investing in R&D to develop tyres offering better heat resistance, longer life, and improved grip on road conditions. The introduction of connected tyre technologies with real-time monitoring features is emerging. New factories and more space for existing ones are making domestic production stronger. Additionally, making specialty tires for EVs that have less rolling resistance is opening up new ways for growth. There are more partnerships between tire makers and OEMs to improve performance. There are also new ideas for self-sealing and puncture-resistant tires that are becoming more popular.

List of Leading Companies in the India Tyre Market

Some of the leading companies include:

  • MRF Limited
  • Apollo Tyres
  • JK Tyre & Industries
  • CEAT Limited
  • Bridgestone India
  • Michelin India
  • Goodyear India

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