Airless Tires Market Size & Insights
The Global Airless Tires Market size was valued at USD 68.19 Million in 2024 and is projected to reach USD 101.88 Million in 2030. The market is also estimated to grow at a CAGR of around 6.88% during the forecast period, i.e., 2025-30. Airless tire technology has seen immense progress in terms of research & innovations in recent years. These tires have been in demand mainly due to the ever-growing automotive industry worldwide and the rapid shift toward sustainable & maintenance-free tires.
What are the Key DROs in the Airless Tires Market?
Steadily Growing Demand for Maintenance-free Tires: Airless tires don't go flat which is the prime aspect that has infused their demand worldwide and positively impacted the growth of the Airless Tires Market. Air loss failures caused by punctures or road hazards, along with the need for a spare tire for either changing or repairing, have equally contributed to the demand for airless tires. Additionally, the composition of flexible plastics in these tires has significantly improved their overall strength to absorb road bumps. It is another crucial aspect that has surged the demand for maintenance-free tires in recent years, which, in turn, would significantly contribute to the growth of the Airless Tires Global Market during the forecast period.
What are the Key Segments in the Airless Tires Market?
The Airless Tires is categorized into notable segments, which help in understanding the structure, dynamics, and opportunities within the market. These segments are typically based on:
By Vehicle Type
- Two-Wheelers
- Passenger Cars
- Commercial Vehicles
- Off-Road Vehicles
- Military Vehicles
Based on vehicle Type, the market is bifurcated into two-wheelers, Passenger cars, commercial Cars, Off-road Vehicles, and Military Vehicles.
By Material
- Rubber
- Plastic
By Demand Type
- OEM
- Replacement
By Tire Type
- Radial
- Bias
By Rim Size
- Up to 12”
- 1” to 15”
- 1” to 18”
- 1” to 22”
- Above 22”
By Sales Channel
- Direct Sales
- Distributor Channels
- Online Platform
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How does geographical analysis highlight in the Airless Tires market?
By Region
- North America
- South America
- Europe
- The Middle East & Africa
- Asia-Pacific
North America has witnessed significant market expansion in the past few years, mainly due to the launch of airless tire models for OTR vehicles by market players, such as Michelin, Bridgestone Corporation, & Goodyear.
Who are the Key Players in Airless Tires Market?
- Michelin
- Bridgestone Corporation
- Goodyear Tire & Rubber Company
- Continental AG
- Amerityre Corporation
- Hankook Tire & Technology Co., Ltd.
- Sumitomo Rubber Industries, Ltd.
- Toyo Tire Corporation
- The Yokohama Rubber Co., Ltd.
- Others
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Airless Tires Market News
- 2024: Michelin launched UPTIS Tires that are puncture-resistant, eliminate accidents caused by blowouts, and employ the same technology used in moon rovers.
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