USD 161.8 billion
Automotive Tubeless Tire Market Size, Share, Growth Analysis, By Tire Type(Radial and Bias), By Vehicle Type(Two-Wheeler, Passenger Car, and Commercial vehicle), By Distribution Channel(Original Equipment Manufacturer (OEM) and Aftermarket), By Region - Industry Forecast 2025-2032
Report ID:
SQMIG25B2025 |
Region:
Global |
Published Date: April, 2024
Pages:
220
|Tables:
86
|Figures:
72
Automotive Tubeless Tire Market Insights
Automotive Tubeless Tire Market size was valued at USD 173.3 Billion in 2023 and is poised to grow from USD 185.69 Billion in 2024 to USD 322.74 Billion by 2032, growing at a CAGR of 7.15% during the forecast period (2025-2032).
The tubeless tire, which is made up of a steel belt, spiral layer, and tread, helps cars perform multiple functions. Air is retained in the union of the tire and rim, and tubeless tires function without an inner tube as the outer casing forms an airtight seal with the wheel rim. It absorbs shocks from the road, changes and maintains direction of travel, and sends traction and brake force to the road surface. Moreover, a tubeless tire uses high-pressure air (nitrogen, CO2, O2, and a mixture of gases) to inflate a steel belt coated in durable rubber to perform these fundamental tasks. Due to its benefits over traditional tires, including easier puncture repair, greater comfort at higher speeds, lower tire pressure, more bump absorption, and less rotational weight, the tubeless tire market is anticipated to grow profitably over the forecast period.
In a tubeless tire, the tire and wheel rim work together to create a sealed container that holds the air inside. It is produced by exaggerating high-pressure air over a steel belt that is encircled by durable rubber. In comparison, tubeless tires are safer and more dependable. Additionally, it increases the vehicles' fuel efficiency. As a result, in recent years, the use of tubeless tires has significantly increased. One of the main factors propelling the market's expansion is the rising number of automobiles produced, as well as the improved safety and dependability provided by tubeless tires. The market is anticipated to grow more rapidly due to the simple puncture repair procedure and performance enhancement. Depending on their use and function, commercial vehicles like buses and heavy-duty trucks may have eight or more tubeless tires installed; in contrast, two-wheelers have two tires installed, while passenger cars have four tires installed.
Market snapshot - 2024-2031
Global Market Size
Largest Segment
Radial
Fastest Growth
Bias
Growth Rate
7.15% CAGR
Golbal Automotive Tubeless Tire Marke ($ Bn)
Country Share by North America (%)
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Automotive Tubeless Tire Market Segmental Analysis
The global automotive tubeless tire market is segmented based on tire type, vehicle type, distribution channel and regional type. In terms of tire type, the market is bifurcated into radial and bias. Based on vehicle type, the market is segmented into two-wheeler, passenger car and commercial vehicle. In terms of distribution channel, the market is divided into original equipment manufacturer (OEM) and aftermarket. Based on region, the market is segmented into North America, Europe, Asia Pacific, Central & South America and Middle East & Africa. The 3D image sensor market is expected to develop over the projected period due to rising component investments.
Analysis by Tire Type
As per categorization by tire type, the market is classified as radial and bias. Among these, radial earned the largest share and continues to dominate the market. Radial tires' superior performance and unique design have completely changed the worldwide car tubeless tire market. Their superiority over bias-ply tires is ascribed to several things, such as increased traction, increased fuel economy, and increased durability. Radial tires have more stability and more grip on the road due to their layers of cords organized perpendicular to the direction of movement. They have consequently gained general acceptance in the automotive industry as the preferred solution for both manufacturers and customers.
Due to its affordability and suitability for applications, the bias tire segment of the global automotive tubeless tire market is expected to rise at a quick pace. Bias tires are becoming more popular in developing economies and niche markets like off-road vehicles and agriculture, even if radial tires still have the upper hand. For some vehicles and terrains, their sturdy design, capacity to support large weights, and resilience to punctures make them the best option. Their relatively cheaper production costs also appeal to enterprises and customers on a budget, which supports their anticipated rapid market expansion.
Analysis by Vehicle Type
Innovation in the passenger car tubeless tire market is focused on improving sustainability, safety, and performance. Advanced materials and tread designs are being developed by manufacturers to enhance grip, durability, and fuel efficiency. As they provide drivers with a smooth and controlled ride and have excellent handling, stability, and comfort, radial tires are the most popular option in this market. Radial tyres are also preferred for their longer lifespan and lower rolling resistance, which helps to explain why both passenger car makers and consumers have embraced them so widely.
Due to growing e-commerce, infrastructural development, and urbanization, the global automotive tubeless tire market is expected to see substantial expansion in the two-wheeler and commercial vehicle segments. To withstand the demanding requirements of transportation and logistics operations, these sectors require tires that deliver durability, reliability, and cost-effectiveness. In addition, the demand for lower maintenance costs, better fuel efficiency, and increased safety is pushing these segments towards tubeless tires. Due to this, producers of two-wheelers and commercial vehicles are embracing tubeless tire technology more frequently, which is accelerating the market's growth in these markets.
Golbal Automotive Tubeless Tire Marke By Tire Type (%)
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Automotive Tubeless Tire Market Regional Insights
The growing sales of electric cars and the technologically sophisticated development of autonomous vehicles have made North America the market leader for tubeless tires. This has increased demand for tubeless tires for automobiles in the area. Also, the growing demand for pickup trucks and other comparable light commercial vehicles and their increased manufacturing will support regional market growth. Due to the existence of the largest automotive tubeless tire market and the growing penetration of passenger vehicles and two-wheelers in the region because of rising consumer per capita capital, the Asia-Pacific Tubeless Tyre Market generates the second-highest revenue. Furthermore, the Asia-Pacific region's fastest-growing tubeless tire market was India, while China maintained the highest market share.
From 2023 to 2031, the tubeless tire market in Europe is anticipated to develop at the quickest CAGR. This is a result of the growing popularity of electric vehicles and the development of automotive technology. Furthermore, the European market for tubeless tires was increasing at a quick pace in the UK, while the German market had the biggest market share. The automobile tubeless tire market is expected to grow at a rapid pace across Latin America and the Middle East and Africa. Brazil and South Africa are among the nations with the fastest-growing marketplaces among them, thanks to expanding car sales, infrastructure advancements, and rising disposable incomes. Tyre manufacturers have a lot of opportunities in these areas to promote their brand and take advantage of the rising demand of urbanization.
Golbal Automotive Tubeless Tire Market By Geography
- Largest
- Fastest
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Automotive Tubeless Tire Market Dynamics
Drivers
Thriving Auto Industry to Support Potential Market Expansion
- The automotive tyre business is anticipated to be driven over the projected period by a surge in automobile production and a high demand for passenger cars worldwide. According to data from the International Organisation of Motor Vehicle Manufacturers, market participants are being encouraged to develop new tyres with superior wet grip and low rolling resistance by the implementation of strict tyre performance regulations and the growing demand for fuel-efficient vehicles.
Arrival of Novel Technological Advancements to Drive Market Development
- To increase productivity and meet the growing demand, the participants in the automotive tubeless tyre market are moving towards automation in the tyre manufacturing process. Throughout the course of the analysis period, the automotive tubeless tyre market will benefit from advancements in the field of composite materials and the inclusion of carbon fibre and alloys in tyre manufacture.
Restraints
Limited Older Vehicle Compatibility
- It can be difficult and expensive to retrofit older cars with tubeless tyre systems since it usually necessitates major adjustments to the wheel rims and tyre mounting surfaces. Furthermore, the integration of tubeless tyres may be made more difficult by older vehicles' lack of tyre pressure monitoring systems (TPMS), which are essential for monitoring tyre pressure and guaranteeing safety and optimal performance.
Requirement for Specialised Tools and Knowledge
- In contrast to conventional tube-type tyres, tubeless tyres require specific tools and methods for installation and sealing, in addition to skilled workers who are familiar with tubeless tyre systems. Tubeless tyre technology adoption is likely to be constrained by the need for specialised equipment and expert technicians, which raises operating costs for automobile service providers and may present a problem in areas with limited access to these resources.
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Automotive Tubeless Tire Market Competitive Landscape
Prominent industry participants are making significant investments in R&D to broaden their product offerings, contributing to the further expansion of the Tubeless Tyre market. To increase their global presence, market players are also engaging in a range of strategic initiatives. Notable advancements in the industry include the introduction of new products, contracts, increased investments, mergers and acquisitions, and joint ventures with other businesses. To grow and thrive in an increasingly competitive and developing market environment, the tubeless tyre sector needs to provide affordable products.
Top Player’s Company Profiles
- Sumitomo Rubber Industries Ltd (Japan)
- Cheng Shin Rubber Industry Co. (Taiwan)
- The Goodyear Tyre & Rubber Company (US)
- Apollo Tires (India)
- Maxxis International (Taiwan)
- Bridgestone Corporation (Japan)
- Cooper Tire & Rubber Company (US)
- The Yokohama Rubber Co., Ltd. (Japan)
- Pirelli & C. S.p.A. (Italy)
- Michelin (France)
- Toyo Tire & Rubber Co. Ltd (Japan)
- Continental AG (Germany)
- Madras Rubber Factory Limited (India)
- CEAT Tires Ltd. (India)
Recent Developments
- In September 2023, in response to rising consumer demands for durable and environmentally friendly products, leading companies in the global automotive tubeless tire market, including Bridgestone and Michelin, revealed cutting-edge tire designs meant to improve fuel efficiency and durability.
- In December 2023, Companies like Continental AG and Pirelli saw a spike in market investments for R&D projects, with the goal of improving tire performance and safety features to satisfy changing industry standards and legal requirements.
- In February 2024, Tire manufacturers like CEAT and Apollo had to enhance their manufacturing capacity to fulfil the expanding market demands for tubeless tires, which were driven by rising vehicle sales and infrastructure upgrades in emerging economies like Brazil and India.
Automotive Tubeless Tire Key Market Trends
Driving Forces of Tubeless Tires in the Global Automotive Industry:
- The growth of the automotive industry is driving the tubeless tire market's compound annual growth rate (CAGR). Due to their increased safety and dependability, tubeless tires have managed to displace traditional pneumatic tires. The automotive tire industry is expected to be driven by the global expansion in automobile production and the growing demand for passenger cars in the coming years. The popularity of sport utility vehicles is growing in developing nations.
Revolutionizing Safety and Sustainability:
- An inflated tire without the requirement for an inner tube is known as a tubeless tire. The tubeless tire has a molded rim that aids in applying air pressure to the tire to seal the wheel rims flanges. Compared to conventional tires, tubeless tires are safer and more environmentally friendly as they don't have an inner tube. The tubeless tire is made of a steel belt surrounded by durable rubber and compressed with high pressure air; it is safer and more dependable, has simple techniques for repairing punctures, and is expected to perform better, which will drive market expansion.
Automotive Tubeless Tire Market SkyQuest Analysis
SkyQuest’s ABIRAW (Advanced Business Intelligence, Research & Analysis Wing) is our Business Information Services team that Collects, Collates, Correlates, and Analyses the Data collected by means of Primary Exploratory Research backed by robust Secondary Desk research.
As per SkyQuest analysis, strict regulations and the need for fuel-efficient vehicles will fuel the expected surge in automobile production and the increased demand for passenger cars worldwide, which will drive growth in the automotive tire market. Technological advancements like automation and the integration of composite materials like carbon fiber and alloys are expected to further propel market development. As tubeless tire systems require extensive modifications to wheel rims and mounting surfaces, retrofitting older vehicles with tubeless tire systems can be difficult. Additionally, the lack of tire pressure monitoring systems (TPMS) can cause issues that limit compatibility and safety. Additionally, the installation and maintenance of tubeless tires necessitate certain tools and knowledge, which could impede their adoption by raising operating costs and making it difficult for residents in some areas to access qualified specialists.
In a competitive environment where affordability is essential for long-term growth and success, top industry players are supporting the tubeless tire market with significant investments in R&D to diversify product lines and strategic initiatives to increase global presence, such as new product launches, contracts, higher investments, mergers, acquisitions, and joint ventures. The automotive industry's growth is driving the tubeless tire market's compound annual growth rate (CAGR), as tubeless tires outperform traditional pneumatic tires in terms of safety and dependability.
| Report Metric | Details |
|---|---|
| Market size value in 2022 | USD 161.8 billion |
| Market size value in 2031 | USD 301.2 billion |
| Growth Rate | 7.15% |
| Base year | 2023 |
| Forecast period | 2024-2031 |
| Forecast Unit (Value) | USD Billion |
| Segments covered |
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| Regions covered | North America (US, Canada), Europe (Germany, France, United Kingdom, Italy, Spain, Rest of Europe), Asia Pacific (China, India, Japan, Rest of Asia-Pacific), Latin America (Brazil, Rest of Latin America), Middle East & Africa (South Africa, GCC Countries, Rest of MEA) |
| Companies covered |
|
| Customization scope | Free report customization with purchase. Customization includes:-
|
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Table Of Content
Executive Summary
Market overview
- Exhibit: Executive Summary – Chart on Market Overview
- Exhibit: Executive Summary – Data Table on Market Overview
- Exhibit: Executive Summary – Chart on Automotive Tubeless Tire Market Characteristics
- Exhibit: Executive Summary – Chart on Market by Geography
- Exhibit: Executive Summary – Chart on Market Segmentation
- Exhibit: Executive Summary – Chart on Incremental Growth
- Exhibit: Executive Summary – Data Table on Incremental Growth
- Exhibit: Executive Summary – Chart on Vendor Market Positioning
Parent Market Analysis
Market overview
Market size
- Market Dynamics
- Exhibit: Impact analysis of DROC, 2021
- Drivers
- Opportunities
- Restraints
- Challenges
- Exhibit: Impact analysis of DROC, 2021
- SWOT Analysis
KEY MARKET INSIGHTS
- Technology Analysis
- (Exhibit: Data Table: Name of technology and details)
- Pricing Analysis
- (Exhibit: Data Table: Name of technology and pricing details)
- Supply Chain Analysis
- (Exhibit: Detailed Supply Chain Presentation)
- Value Chain Analysis
- (Exhibit: Detailed Value Chain Presentation)
- Ecosystem Of the Market
- Exhibit: Parent Market Ecosystem Market Analysis
- Exhibit: Market Characteristics of Parent Market
- IP Analysis
- (Exhibit: Data Table: Name of product/technology, patents filed, inventor/company name, acquiring firm)
- Trade Analysis
- (Exhibit: Data Table: Import and Export data details)
- Startup Analysis
- (Exhibit: Data Table: Emerging startups details)
- Raw Material Analysis
- (Exhibit: Data Table: Mapping of key raw materials)
- Innovation Matrix
- (Exhibit: Positioning Matrix: Mapping of new and existing technologies)
- Pipeline product Analysis
- (Exhibit: Data Table: Name of companies and pipeline products, regional mapping)
- Macroeconomic Indicators
COVID IMPACT
- Introduction
- Impact On Economy—scenario Assessment
- Exhibit: Data on GDP - Year-over-year growth 2016-2022 (%)
- Revised Market Size
- Exhibit: Data Table on Automotive Tubeless Tire Market size and forecast 2021-2027 ($ million)
- Impact Of COVID On Key Segments
- Exhibit: Data Table on Segment Market size and forecast 2021-2027 ($ million)
- COVID Strategies By Company
- Exhibit: Analysis on key strategies adopted by companies
MARKET DYNAMICS & OUTLOOK
- Market Dynamics
- Exhibit: Impact analysis of DROC, 2021
- Drivers
- Opportunities
- Restraints
- Challenges
- Exhibit: Impact analysis of DROC, 2021
- Regulatory Landscape
- Exhibit: Data Table on regulation from different region
- SWOT Analysis
- Porters Analysis
- Competitive rivalry
- Exhibit: Competitive rivalry Impact of key factors, 2021
- Threat of substitute products
- Exhibit: Threat of Substitute Products Impact of key factors, 2021
- Bargaining power of buyers
- Exhibit: buyers bargaining power Impact of key factors, 2021
- Threat of new entrants
- Exhibit: Threat of new entrants Impact of key factors, 2021
- Bargaining power of suppliers
- Exhibit: Threat of suppliers bargaining power Impact of key factors, 2021
- Competitive rivalry
- Skyquest special insights on future disruptions
- Political Impact
- Economic impact
- Social Impact
- Technical Impact
- Environmental Impact
- Legal Impact
Market Size by Region
- Chart on Market share by geography 2021-2027 (%)
- Data Table on Market share by geography 2021-2027(%)
- North America
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- USA
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Canada
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Europe
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- Germany
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Spain
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- France
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- UK
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of Europe
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Asia Pacific
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- China
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- India
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Japan
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- South Korea
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of Asia Pacific
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Latin America
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- Brazil
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of South America
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Middle East & Africa (MEA)
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- GCC Countries
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- South Africa
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of MEA
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
KEY COMPANY PROFILES
- Competitive Landscape
- Total number of companies covered
- Exhibit: companies covered in the report, 2021
- Top companies market positioning
- Exhibit: company positioning matrix, 2021
- Top companies market Share
- Exhibit: Pie chart analysis on company market share, 2021(%)
- Total number of companies covered
Methodology
For the Automotive Tubeless Tire Market, our research methodology involved a mixture of primary and secondary data sources. Key steps involved in the research process are listed below:
1. Information Procurement: This stage involved the procurement of Market data or related information via primary and secondary sources. The various secondary sources used included various company websites, annual reports, trade databases, and paid databases such as Hoover's, Bloomberg Business, Factiva, and Avention. Our team did 45 primary interactions Globally which included several stakeholders such as manufacturers, customers, key opinion leaders, etc. Overall, information procurement was one of the most extensive stages in our research process.
2. Information Analysis: This step involved triangulation of data through bottom-up and top-down approaches to estimate and validate the total size and future estimate of the Automotive Tubeless Tire Market.
3. Report Formulation: The final step entailed the placement of data points in appropriate Market spaces in an attempt to deduce viable conclusions.
4. Validation & Publishing: Validation is the most important step in the process. Validation & re-validation via an intricately designed process helped us finalize data points to be used for final calculations. The final Market estimates and forecasts were then aligned and sent to our panel of industry experts for validation of data. Once the validation was done the report was sent to our Quality Assurance team to ensure adherence to style guides, consistency & design.
Analyst Support
Customization Options
With the given market data, our dedicated team of analysts can offer you the following customization options are available for the Automotive Tubeless Tire Market:
Product Analysis: Product matrix, which offers a detailed comparison of the product portfolio of companies.
Regional Analysis: Further analysis of the Automotive Tubeless Tire Market for additional countries.
Competitive Analysis: Detailed analysis and profiling of additional Market players & comparative analysis of competitive products.
Go to Market Strategy: Find the high-growth channels to invest your marketing efforts and increase your customer base.
Innovation Mapping: Identify racial solutions and innovation, connected to deep ecosystems of innovators, start-ups, academics, and strategic partners.
Category Intelligence: Customized intelligence that is relevant to their supply Markets will enable them to make smarter sourcing decisions and improve their category management.
Public Company Transcript Analysis: To improve the investment performance by generating new alpha and making better-informed decisions.
Social Media Listening: To analyze the conversations and trends happening not just around your brand, but around your industry as a whole, and use those insights to make better Marketing decisions.
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