Home > Automotive > Automotive Parts > Tires and Wheels > Airless Tire Market

Airless Tire Market Trends

  • Report ID: GMI1390
  • Published Date: Dec 2024
  • Report Format: PDF

Airless Tire Market Trends

As the automotive industry transitions toward electric and autonomous vehicles, the demand for airless tires is growing. Airless tires align well with the performance requirements of electric vehicles (EVs), offering better durability to support heavier battery loads and reducing maintenance needs. Similarly, for autonomous vehicles, airless tires enhance safety and reliability, meeting the demand for uninterrupted operations. This trend is driving innovation in airless tire technologies specifically tailored for these next-generation vehicles.

 

Sustainability is becoming a central theme in the airless tires market. Manufacturers are exploring eco-friendly production methods, such as using recycled or biodegradable materials in tire construction. Additionally, the longer lifespan of airless tires reduces waste compared to traditional pneumatic tires. This trend aligns with global efforts to reduce carbon footprints and cater to environmentally conscious consumers.
 

The adoption of cutting-edge materials, such as high-strength resins and advanced polymers, to enhance performance. Manufacturers are also focusing on innovative tire designs, such as honeycomb structures, to improve load-bearing capacity, flexibility, and heat dissipation. These advancements are making airless tires more efficient and versatile, broadening their appeal across various vehicle types, from passenger cars to heavy-duty trucks.

Authors: Preeti Wadhwani, Aishvarya Ambekar

Frequently Asked Questions (FAQ) :

The market size of airless tire reached USD 40.2 million in 2024 and is set to grow at a 7.6% CAGR from 2025 to 2034, driven by the rising demand for durable and maintenance-free tires.

The radial segment accounted for over 72% of the market share in 2024 and is expected to exceed USD 62 million by 2034, owing to their superior performance, durability, and cost-effectiveness.

The U.S. market accounted for 84% of the revenue share in 2024 and is expected to exceed USD 21.5 million by 2034, led by its advanced automotive industry and high vehicle ownership rates.

The key players in the industry include Amerityre, Bridgestone Corporation, Cheng Shin Rubber Industry Co. Ltd., Continental AG, Michelin Group, Resilient Technologies, Sumitomo Rubber Industries, Tannus America LLC, The Goodyear Tire & Rubber Company, and The Yokohama Rubber Co. Ltd.

Airless Tire Market Scope

Buy Now

Immediate Delivery Available

Premium Report Details

  • Base Year: 2024
  • Companies covered: 13
  • Tables & Figures: 200
  • Countries covered: 21
  • Pages: 240
 Download Free Sample