Automotive Tire Global Market Report 2026

An automotive tire is a rubber ring positioned around the rim of a vehicle's wheel. It serves multiple functions within automobiles, including supporting the vehicle's weight, absorbing shocks from the road, transmitting traction, torque, and braking forces to the road surface, as well as aiding in changing and maintaining the direction of travel. These tires are affixed to rims, and they are typically filled with pressurized air to ensure proper functioning.

The primary rim categories for automotive tires encompass sizes less than 15 inches, 15 to 20 inches, and more than 20 inches, designed to suit vehicles with corresponding rim sizes. Specifically, ''less than 15 inches'' denotes tires for vehicles equipped with rims smaller than 15 inches. These tires are utilized across various vehicle types including passenger vehicles, commercial vehicles, and electric vehicles. Automotive tires are manufactured in two main types such as radial tires and bias tires. Distribution channels for automotive tires comprise Original Equipment Manufacturer (OEM) sales and aftermarket distribution. These tires are further categorized by seasonal use such as summer, winter, and all-season variations.

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 automotive tire market by increasing costs of imported natural rubber, synthetic rubber compounds, steel cords, and specialized chemicals used in tire manufacturing. Tire producers in North America and Europe are most affected due to dependence on imported raw materials, while Asia-Pacific faces cost pressures on tire exports. These tariffs are raising tire prices and affecting aftermarket demand. However, they are also encouraging local sourcing of materials, regional tire manufacturing expansion, and innovation in alternative and sustainable rubber compounds.

The automotive tire market research report is one of a series of new reports from The Business Research Company that provides automotive tire market statistics, including automotive tire industry global market size, regional shares, competitors with a automotive tire market share, detailed automotive tire market segments, market trends and opportunities, and any further data you may need to thrive in the automotive tire industry. This automotive 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 automotive tire market size has grown strongly in recent years. It will grow from $143.87 billion in 2025 to $151.82 billion in 2026 at a compound annual growth rate (CAGR) of 5.5%. The growth in the historic period can be attributed to expansion of global vehicle parc, growth of radial tire manufacturing, rising demand for replacement tires, standardization of tire safety regulations, increasing vehicle ownership rates.

The automotive tire market size is expected to see strong growth in the next few years. It will grow to $189.53 billion in 2030 at a compound annual growth rate (CAGR) of 5.7%. The growth in the forecast period can be attributed to increasing penetration of electric vehicles, rising demand for high-performance and specialty tires, expansion of connected vehicle technologies, growing focus on tire sustainability, increasing adoption of smart tire monitoring systems. Major trends in the forecast period include increasing demand for low rolling resistance tires, rising adoption of tires designed for electric vehicles, growing use of sustainable and recycled materials, expansion of smart and sensor-enabled tires, enhanced focus on all-season performance.

The development of electric and hybrid vehicles is expected to propel the growth of the automotive tire market going forward. Electric vehicles are automobiles powered primarily by electric motors using energy stored in batteries, while hybrid vehicles combine electric propulsion with internal combustion engines. The increasing adoption of electric and hybrid vehicles is driven by environmental concerns, fuel efficiency requirements, and supportive government policies. Automotive tires designed for electric and hybrid vehicles play a critical role in improving energy efficiency, extending driving range, and supporting overall vehicle performance, as these vehicles require low rolling resistance, enhanced durability, and improved load-bearing capacity due to battery weight. For instance, in April 2025, according to the International Council on Clean Transportation (ICCT), a US-based independent nonprofit research organization, passenger electric vehicle sales, including battery-electric and plug-in hybrid models, reached approximately 1.56 million units in 2024, accounting for about 10% of all light-duty vehicle sales, up from a lower share in 2023. Therefore, the development of electric and hybrid vehicles is driving the growth of the automotive tire market.

Major companies operating in the automotive tire market are focusing on innovative technologies such as tire pressure sensors to gain a competitive edge. Tire pressure sensors, commonly used in tire pressure monitoring systems (TPMS), are electronic devices installed in vehicle wheels to continuously monitor tire pressure and temperature, helping improve safety, fuel efficiency, and tire lifespan. For instance, in September 2023, Infineon Technologies AG, a Germany-based semiconductor manufacturer, launched the XENSIV SP49 tire pressure monitoring sensor. The sensor integrates pressure and temperature sensing with an application-specific integrated circuit (ASIC) and features a powerful 32-bit Arm M0+ core, enabling advanced functions such as on-tire auto-position sensing, tire inflation assistance, tire blowout detection, and load detection, thereby enhancing overall tire performance and vehicle safety.

In January 2024, Wonderland Tire, a Michigan-based company specializing in tire products and automotive services, acquired Carter Tire & Automotive for an undisclosed amount. Through this acquisition, Wonderland Tire expanded its geographic presence into Indiana, strategically positioning itself between its existing locations in western Michigan and Chicago, Illinois. This expansion enhances customer accessibility and service delivery across the region. Carter Tire & Automotive is an Indiana-based company that provides a wide range of automotive services, with a primary focus on tires and vehicle repair solutions.

Major companies operating in the automotive tire market are Continental AG, Bridgestone Corporation, Michelin Group, Goodyear Tire & Rubber Company, Nankang Rubber Tire Corp. Ltd., Sumitomo Rubber Industries Ltd., Hankook & Company Co. Ltd., Pirelli & C. S.p.A, The Yokohama Rubber Co. Ltd., MRF Limited, Trelleborg AB, Toyo Tire Corporation, Sailun Group Co. Ltd., Cheng Shin Rubber Ind. Co. Ltd., Cheng Shin Rubber Industry Co., Apollo Tyres Ltd., Giti Tire Global Trading Pte. Ltd., Shandong Linglong Group Co. Ltd., Kumho Tire Co. Inc., Linglong Tire Co. Ltd., Cooper Tire & Rubber Company, Nexen Tire Corporation, Nokian Tyres plc, JK Tyre & Industries Ltd., CEAT Limited, Triangle Tyre Co. Ltd., Double Coin Holdings Ltd., Aeolus Tyre Co. Ltd., Salsons Impex Pvt. Ltd., Shinko Tires USA

Asia-Pacific was the largest region in the automotive tire market in 2025. The regions covered in the automotive 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 automotive tire market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Taiwan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

The automotive tire market consists of sales of synthetic polymers, natural rubbers, fillers, antioxidants, and antiozonants. 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.

Automotive 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 automotive 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.

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Where is the largest and fastest growing market for automotive 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 automotive 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.

• The market characteristics section of the report defines and explains the market. This section also examines key products and services offered in the market, evaluates brand-level differentiation, compares product features, and highlights major innovation and product development trends.
• The supply chain analysis section provides an overview of the entire value chain, including key raw materials, resources, and supplier analysis. It also provides a list competitor at each level of the supply chain.
• The updated trends and strategies section analyses the shape of the market as it evolves and highlights emerging technology trends such as digital transformation, automation, sustainability initiatives, and AI-driven innovation. It suggests how companies can leverage these advancements to strengthen their market position and achieve competitive differentiation.
• The regulatory and investment landscape section provides an overview of the key regulatory frameworks, regularity bodies, associations, and government policies influencing the market. It also examines major investment flows, incentives, and funding trends shaping industry growth and innovation.
• The market size section gives the market size ($b) covering both the historic growth of the market, and forecasting its development.
• The forecasts are made after considering the major factors currently impacting the market. These include the technological advancements such as AI and automation, Russia-Ukraine war, trade tariffs (government-imposed import/export duties), elevated inflation and interest rates.
• The total addressable market (TAM) analysis section defines and estimates the market potential compares it with the current market size, and provides strategic insights and growth opportunities based on this evaluation.
• The market attractiveness scoring section evaluates the market based on a quantitative scoring framework that considers growth potential, competitive dynamics, strategic fit, and risk profile. It also provides interpretive insights and strategic implications for decision-makers.
• Market segmentations break down the market into sub markets.
• The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth.
• Expanded geographical coverage includes Taiwan and Southeast Asia, reflecting recent supply chain realignments and manufacturing shifts in the region. This section analyzes how these markets are becoming increasingly important hubs in the global value chain.
• The competitive landscape chapter gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified.
• The company scoring matrix section evaluates and ranks leading companies based on a multi-parameter framework that includes market share or revenues, product innovation, and brand recognition.

Scope

• Markets Covered:1) By Rim Size: Less Than 15 Inches; 15 To 20 Inches; More Than 20 Inches
• 2) By Vehicle Type: Passenger Vehicle; Commercial Vehicle; Electric Vehicle
• 3) By Manufacturing: Radial Tire; Bias Tire
• 4) By Distribution Channel: Original Equipment Manufacturer (Oem); Aftermarket
• 5) By Season Type: Summer; Winter; All Seasons
• Subsegments:
• 1) By Less Than 15 Inches: Passenger Car Tires; Light Truck Tires; Motorcycle Tires; Other Specialty Tires
• 2) By 15 To 20 Inches: Passenger Car Tires; Sport Utility Vehicle (SUV) Tires; Light Truck Tires; Performance Tires
• 3) By More Than 20 Inches: Sport Utility Vehicle (SUV) Tires; Light Truck Tires; Performance Tires; Heavy-Duty Truck Tires
• Companies Mentioned: Continental AG; Bridgestone Corporation; Michelin Group; Goodyear Tire & Rubber Company; Nankang Rubber Tire Corp. Ltd.; Sumitomo Rubber Industries Ltd.; Hankook & Company Co. Ltd.; Pirelli & C. S.p.A; The Yokohama Rubber Co. Ltd.; MRF Limited; Trelleborg AB; Toyo Tire Corporation; Sailun Group Co. Ltd.; Cheng Shin Rubber Ind. Co. Ltd.; Cheng Shin Rubber Industry Co.; Apollo Tyres Ltd.; Giti Tire Global Trading Pte. Ltd.; Shandong Linglong Group Co. Ltd.; Kumho Tire Co. Inc.; Linglong Tire Co. Ltd.; Cooper Tire & Rubber Company; Nexen Tire Corporation; Nokian Tyres plc; JK Tyre & Industries Ltd.; CEAT Limited; Triangle Tyre Co. Ltd.; Double Coin Holdings Ltd.; Aeolus Tyre Co. Ltd.; Salsons Impex Pvt. Ltd.; Shinko Tires USA
• Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Taiwan; Russia; South Korea; UK; USA; Canada; Italy; Spain.
• Regions: Asia-Pacific; South East Asia; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
• Time Series: Five years historic and ten years forecast.
• Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita,
• Data Segmentations: country and regional historic and forecast data, market share of competitors, market segments.
• Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.
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