Automotive Tubeless Tire Market Disruptions & Strategic Imperatives

Automotive Tubeless Tire Market Size, Growth Analysis & Growth Opportunities

The automotive tubeless tire market is forecasted to expand from USD 209.51 billion in 2025 to USD 396.34 billion by 2034, growing at a CAGR of 7.34% from 2025 to 2034.

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Introduction

The automotive tubeless tire market is an integral branch of the tire industry. This industry deals in manufacturing and distribution of tubeless tires for automotive sector. There are several products manufactured in this industry consisting of radial tires and bias tires. These tires are designed for different vehicles such as two-wheeler, passenger cars, commercial vehicles and some others. It is available in a well-organized sales channel comprising of OEM and aftermarket. The growing demand for SUVs in different parts of the world has contributed to the industrial expansion. This market is expected to rise significantly with the growth of the automotive materials industry around the globe.

• According to the annual report of Mahindra, in 2023, the company sold 359253 SUVs that increased to 459864 in 2024.

Highlights of the Automotive Tubeless Tire Market

• North America held the dominant share of the automotive tubeless tire market due to the presence of numerous tire manufacturing companies such as Goodyear Tire & Rubber Company, Cooper Tire & Rubber Company, B.F. Goodrich, Harvey Firestone and some others.
• Europe is expected to grow with the highest CAGR due to the growing adoption of electric vehicles coupled with presence of numerous automotive brands in Germany including Audi, BMW, Daimler AG and some others.
• The radial tire segment dominated the market due to its numerous advantages such as improved handling, better fuel economy, and smoother ride.
• The passenger car segment led the market due to the rising sales and production of passenger vehicles.

Automotive Tubeless Tire: Figures and Stats

• According to the U.S. Tire Manufacturers Association, the projected tire shipments from U.S. in 2024 was 335.7 million units.
• According to the India Brand Equity Foundation, the domestic tire demand in India is projected to grow by 6-8% in 2024.
• According to the International Energy Agency, around 5.9 million electric two-wheelers were sold in 2023.
• According to the International Organization of Motor Vehicle Manufacturers, around 610725 vehicles were manufactured in Argentina during FY 2023.

Industry Leader Announcement

In February 2023, Gustavo Pinto Teixeira, vice president of two wheels at Trelleborg Wheel Systems announced that,” The launch of the tubeless Mitas SW-07 SPEEDWAY tire proves our engagement in the continuous development of high-performance speedway tires. We have been working closely with many professional speedway racers on testing to get direct rider feedback on the performance characteristics and to develop the tire that meets the highest level of racing standards each racer is used to. The speedway racing season is just around the corner, and we are keen to see speedway racers start using this new tire version.”

Competitive Landscape

The automotive tubeless tire market is a rapidly developing industry with the presence of numerous dominant players. Some of the important players in this industry comprises of Bridgestone Corporation (Japan), Michelin (France), The Goodyear Tire & Rubber Company (USA), Continental AG (Germany), Pirelli & C. S.p.A. (Italy), Sumitomo Rubber Industries, Ltd. (Japan), Yokohama Rubber Co., Ltd. (Japan) and some others. These market players constantly engaged in developing advanced tubeless tires and adopting several strategies to maintain their dominant position in this industry.

• According to the annual report of Pirelli, the revenue of sales segment in 2022 was 6426636000 euros that increased to 6471590000 euros in 2023.

Market Segmentations

By Product Type

• Radial
• Bias

By Vehicle Type

• Two-Wheeler
• Passenger Cars
  • ICE Vehicles
  • Electric Vehicle
  • Hybrid
• Commercial Vehicle

By Sales Channel

• OEM
• Aftermarket

By Region

• North America
• Europe
• Asia Pacific
• Latin America
• Middle East and Africa