PUBLISHER: The Business Research Company | PRODUCT CODE: 1931548
PUBLISHER: The Business Research Company | PRODUCT CODE: 1931548
Polyurethane tires are a type of press-on tire known for being lighter than rubber tires and offering increased resistance to splitting, tearing, or chunking under load. They provide good traction and low rolling resistance. Polyurethane tires generally have a longer lifespan compared to rubber tires, approximately twice as long, and are recommended for indoor use in light applications, such as warehousing.
The two major types of polyurethane tires are PPG polyurethane and PTMEG polyurethane. Polypropylene Glycol (PPG) is a high-solids, durable coating that provides excellent resistance to abrasion, chemicals, and impacts. These tires are distributed through two major sales channels, namely original equipment manufacturers (OEM) and aftermarket. They find applications in various industrial settings, including forklifts, overhead conveyor systems, industrial carts, railroads, industrial washer systems, roll-forming machinery, elevators, and hyperloop systems.
Note that the outlook for this market is being affected by rapid changes in trade relations and tariffs globally. The report will be updated prior to delivery to reflect the latest status, including revised forecasts and quantified impact analysis. The report's Recommendations and Conclusions sections will be updated to give strategies for entities dealing with the fast-moving international environment.
Tariffs are impacting the polyurethane tire market by increasing costs of imported polyurethane resins, chemical intermediates, molds, and precision manufacturing equipment. Industrial facilities in North America and Europe are most affected due to dependence on imported raw materials, while Asia-Pacific faces cost pressure on export-oriented tire production. These tariffs are increasing product prices and limiting aftermarket replacement cycles. However, they are also supporting domestic polyurethane compounding, localized tire production, and regional supplier development.
The polyurethane tire market research report is one of a series of new reports from The Business Research Company that provides polyurethane tire market statistics, including polyurethane tire industry global market size, regional shares, competitors with a polyurethane tire market share, detailed polyurethane tire market segments, market trends and opportunities, and any further data you may need to thrive in the polyurethane tire industry. This polyurethane tire market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.
The polyurethane tire market size has grown strongly in recent years. It will grow from $1.6 billion in 2025 to $1.75 billion in 2026 at a compound annual growth rate (CAGR) of 9.4%. The growth in the historic period can be attributed to expansion of warehouse and distribution centers, growth in forklift and conveyor usage, rising adoption of indoor material handling systems, demand for longer-lasting industrial tires, availability of advanced polyurethane compounds.
The polyurethane tire market size is expected to see strong growth in the next few years. It will grow to $2.46 billion in 2030 at a compound annual growth rate (CAGR) of 9.0%. The growth in the forecast period can be attributed to increasing automation in warehousing operations, rising demand for maintenance-free industrial components, expansion of smart factories, growing preference for lightweight material handling equipment, increased use of AGVs indoors. Major trends in the forecast period include increasing use of high-durability indoor wheels, rising demand for low rolling resistance tires, growing adoption in automated material handling equipment, expansion of custom-molded polyurethane tires, enhanced focus on noise and floor protection.
The swift growth of the retail and e-commerce sectors is anticipated to boost the expansion of the polyurethane tire market in the coming years. The e-commerce industry encompasses businesses and individuals utilizing the Internet to buy and sell goods and services. With the rising trend of online shopping, both retail and e-commerce have experienced substantial growth, resulting in an increase in large warehouses globally. This has led to a heightened demand for polyurethane tires on forklifts used to transport goods within these warehouses. For example, in August 2024, the United States Census Bureau reported that U.S. retail e-commerce sales for the second quarter of 2024 reached approximately $282.3 billion, reflecting a 5.3% increase compared to the first quarter of 2023. Thus, the rapid expansion of the retail and e-commerce industries is driving the growth of the polyurethane tire market.
Major companies in the polyurethane tires market are focusing on developing new tires with enhanced thermal performance to achieve a competitive advantage. Thermal performance refers to the capability of a system, device, material, or component to effectively manage and control heat. For example, in September 2024, Henkel, a Germany-based supplier of adhesives and sealants, collaborated with 4JET, a technology firm specializing in surface treatment processes, to launch an innovative method for producing silent tires designed specifically for electric vehicles. This cutting-edge process tackles the challenges related to tire noise, thereby improving driving comfort and reducing sound emissions. By employing advanced materials and techniques, the new silent tires aim to enhance the overall driving experience for electric vehicle users, making their rides quieter and more efficient.
In September 2024, Henkel, a Germany-based adhesives and specialty materials company, partnered with 4JET to develop a process for integrating acoustic polyurethane (PU) foam directly into tires for electric vehicles, creating silent tires. Through this collaboration, the companies aim to streamline tire manufacturing by producing PU foam in situ using a laser-activation method, reducing rolling noise and material waste while enhancing EV tire performance. 4JET Technologies GmbH is a Germany-based provider of laser-based process technologies.
Major companies operating in the polyurethane tire market are Amerityre Corporation, Stellana AB, Thombert Inc., Uremet Corporation, Albion Casters, Softex Industrial Products Pvt Ltd, FallLine Corporation, Aleader Tire & Wheel Industrial Co Ltd, Advanced Urethane Technologies Inc., American Urethane Inc., Argonics Inc., Casters of Amarillo Inc., Dura-Belt Inc., Blickle Rader und Rollen GmbH, Hamilton Caster and Manufacturing Company, Colson Group USA, Superior Tire and Rubber Corp, Sunray Inc., Wicke Group, Trelleborg Wheel Systems
Asia-Pacific was the largest region in the polyurethane tire market in 2025. North America was the second largest region in the polyurethane tire market in 2025. The regions covered in the polyurethane tire market report are Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
The countries covered in the polyurethane tire market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Taiwan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
The polyurethane tire market consists of sales of center-grooved polyurethane tires, router-sipped polyurethane tires, and diamond-sipped polyurethane tires. Values in this market are 'factory gate' values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
Polyurethane Tire Market Global Report 2026 from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.
This report focuses polyurethane tire market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
Where is the largest and fastest growing market for polyurethane tire ? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward, including technological disruption, regulatory shifts, and changing consumer preferences? The polyurethane tire market global report from the Business Research Company answers all these questions and many more.
The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, total addressable market (TAM), market attractiveness score (MAS), competitive landscape, market shares, company scoring matrix, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.
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