India Tire Market Investment Opportunities: Where to Focus in the Coming Decade

A Quick Overview of India Tire Market

• Base Year: 2024

• Historical Years: 2020-2023

• Forecast Years: 2025-2030

• Market Growth Rate: 12.17% (2025-2030)

The key object of this report on the India Tire Market is to offer worthy data and a geographical perspective for predictions of market growth in the future. The recommendations added in this detailed report are insightful, and actionable offering a deep understanding of the industry. Moreover, it includes a comprehensive importance of aspects that have impacted the industry.

MarkNtel Advisors has recently studied an extensive market intelligence evaluation on the market. Also, the newly released report exhibits an engaging format that comprises compelling graphs, tables, charts, and figures as well. These seamlessly combined visual aids are designed to support the clarity and accuracy of the details presented, offering analysts a deep knowledge of the topic at hand.

According to the latest report, the India Tire Market size is valued at around USD 11.98 billion in 2024 & is projected to reach USD 21.27 billion by 2030. The market is also estimated to grow at a CAGR of around 12.17% from 2025 to 2030. The report significantly addressed considerable changes, gap analyses, and competitive studies using qualitative and quantitative data.

Request Sample Report or Discuss More - https://www.marknteladvisors.com/query/request-sample/india-tire-market-analysis.html

Market Dynamics:

Driver-

Increasing Demand for Eco-Friendly and Sustainable Tires - There is an increasing demand for eco-friendly and sustainable tires in the Indian tire industry because consumers are becoming more aware of climate change and its adverse impact on their lives. Moreover, sustainable tire solutions are becoming more and more popular due to the stricter regulations regarding emissions and waste management in the country. Tires with lower rolling resistance are more in demand from customers because they improve fuel economy, emit fewer greenhouse gases, and are composed of eco-friendly materials. To respond to this new market trend, the top tire companies in India by market share are making substantial investments in green technology and creating tires that use sustainable raw materials, including eco-friendly lubricants and natural rubber sourced from sustainable plantations.

The introduction of smart tires that monitor and optimize performance, along with other innovations like tire recycling programs, also helps the market achieve its sustainability objectives. This trend promotes growth and innovation in the tire business by not only complying with international environmental regulations but also meeting customer preferences for goods that reduce their environmental impact.

India Tire Market Report Segmentation:

The report by MarkNtel Advisors on India Tire Industry, analyzes, identifies, and highlights the main trends and drivers which are affecting each segment of the market. The market has been further divided into the following categories:

• By Type of Vehicles (Passenger Car, Light Commercial Vehicle, Buses and Trucks, Medium and Heavy Commercial Vehicles, Off the Road (OTR), Two Wheelers, Three Wheeler)

- Amongst all, two-wheelers are anticipated to dominate the India Tire Market with the largest market share during 2025-30. Improving road infrastructure & increasing traffic across the country are the prime factors driving the sales of two-wheelers for hassle-free commutes.

• By Demand Category (OEM and Replacement)

• By Type of Tires (Radial and Bias)

• By Sales Channel (Dealer/Distributor, Online and Others)

• By Season (all season, winter and Summer)

• By Price Category (Low (Up to USD90), Medium (USD91-USD140, High (Above USD140))

• By Rim Diameter (Upto 12", 12.1" to 15", 15.1." to 18", 18.1" to 20", 20.1" to 22.5", 22.6" to 26", 26.1" to 35", 35.1" to 47", Above 47")

Access the Complete Report for An In-Depth Analysis - https://www.marknteladvisors.com/research-library/india-tire-market-analysis.html

Some of the Top India Tire Companies in the Market

In the fast-changing India Tire Market, understanding what our competitors are doing is crucial. By carefully analyzing things, we figured out some of the dominating players in the industry. So, the top players of the industry ruling the industry are:

• MRF

• Business Description

• Type Portfolio

• Strategic Alliances or Partnerships

• Recent Developments

• Financial Details

• Others

• Apollo Tyres

• CEAT

• JK Tyres & Industries Ltd.

• Balakrishna Tires

• TVS Srichakra Ltd.

• Goodyear India

• Bridgestone India Pvt. Ltd.

• Michelin India Pvt. Ltd.

• Continental India

• Others

Need additional assistance?

• Looking for more assistance? Connect with our experienced analysts for insights into current market trends.

• Customize your report by adding specific segments and countries to meet your needs. Gain a significant competitive edge by learning how to leverage these insights to enhance your operations and boost revenue.

• For further support, don't hesitate to reach out to our analysts.

*Reports Delivery Format - Market research studies from MarkNtel Advisors are offered in PDF, Excel, and PowerPoint formats. Within 24 hours of the payment being successfully received, the report will be sent to your email address

Other Report:

• https://topprnews.com/connected-tires-market-growth-share-trends-analysis-revenue-key-players-business-opportunities-and-forecast-2028-markntel-advisors/

• https://topprnews.com/costa-rica-off-the-road-otr-tire-market-size-share-growth-insight-8-estimated-cagr-growth-by-2026/

• https://topprnews.com/ecuador-off-the-road-otr-tire-market-2021-by-size-share-growth-analysis-trends-and-forecast-to-2026/

For Media Inquiries, Please Contact:

Phone: +1 628 895 8081 | +91 120 4278433

Email: sales@marknteladvisors.com

Sales Office: 564 Prospect St, B9, New Haven, Connecticut, USA-06511

Corporate Office: Office No.109, H-159, Sector 63, Noida, Uttar Pradesh-201301, India

About US:

MarkNtel Advisors is a leading consulting, data analytics, and market research firm that provides an extensive range of strategic reports on diverse industry verticals. We being a qualitative & quantitative research company, strive to deliver data to a substantial & varied client base, including multinational corporations, financial institutions, governments, and individuals, among others.

We have our existence across the market for many years and have conducted multi-industry research across 80+ countries, spreading our reach across numerous regions like America, Asia-Pacific, Europe, the Middle East & Africa, etc., and many countries across the regional scale, namely, the US, India, the Netherlands, Saudi Arabia, the UAE, Brazil, and several others.

This release was published on openPR.