Airless Tires Market Valued at USD 68.19 Billion in 2024, Projected to Hit USD 101.88 Billion Mark by 2030

A Quick Overview of Airless Tires Market

• Base Year: 2024

• Historical Years: 2020-2023

• Forecast Years: 2025-2030

• Market Growth Rate: 6.88% (2025-2030)

• Market Value in 2024: USD 68.19 Million

• Market Value in 2030: USD 101.88 Million

The report presents an in-depth analysis of the Global Airless Tires Market, offering insights into various dynamics affecting the industry. It covers market size, share, trends, growth opportunities, and significant market drivers and challenges. The base year for the market analysis is 2024, examining historical periods from 2020 to 2023 and projecting future growth from 2025 to 2030.

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

Market Dynamics:

Driver-

Steadily Growing Demand for Maintenance-free Tires: Airless tires don't go flat which is the prime aspect that has infused their demand worldwide and positively impacted the growth of the Airless Tires Market. Air loss failures caused by punctures or road hazards, along with the need for a spare tire for either changing or repairing, have equally contributed to the demand for airless tires. Additionally, the composition of flexible plastics in these tires has significantly improved their overall strength to absorb road bumps. It is another crucial aspect that has surged the demand for maintenance-free tires in recent years, which, in turn, would significantly contribute to the growth of the Airless Tires Global Market during the forecast period.

Airless Tires Market Report Segmentation:

The report by MarkNtel Advisors on Airless Tires 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 Vehicle Type

• Two-Wheelers

• Passenger Cars

• Commercial Vehicles

• Off-Road Vehicles

• Military Vehicles

By Material

• Rubber

• Plastic

By Demand Type

• OEM

• Replacement

By Tire Type

• Radial

• Bias

- Based on the tire type, the market is bifurcated into Radial Tires, and Bias Tires. Among both, Radial Airless Tires dominate the global airless tires market owing to their increasing popularity due to their higher efficiency and lower fuel consumption properties than bias tires. Besides, the tire bolted once would no longer require air pressure maintenance while eliminating the risk of getting punctured or leaked as well.

By Rim Size

• Up to 12"

• 12.1" to 15"

• 15.1" to 18"

• 18.1" to 22"

• Above 22"

By Sales Channel

• Direct Sales

• Distributor Channels

• Online Platform

By Region

• North America

• South America

• Europe

• Middle East & Africa

• Asia Pacific

𝐑𝐞𝐪𝐮𝐞𝐬𝐭 𝐒𝐚𝐦𝐩𝐥𝐞 𝐑𝐞𝐩𝐨𝐫𝐭 𝐨𝐫 𝐃𝐢𝐬𝐜𝐮𝐬𝐬 𝐌𝐨𝐫𝐞 - https://www.marknteladvisors.com/research-library/global-airless-tire--market.html

Some of the Top Airless Tires Companies in the Market

In the fast-changing Airless Tires 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:

• Michelin

• Bridgestone Corporation

• Goodyear Tire & Rubber Company

• Continental AG

• Amerityre Corporation

• Hankook Tire & Technology Co., Ltd.

• Sumitomo Rubber Industries, Ltd.

• Toyo Tire Corporation

• The Yokohama Rubber Co., Ltd.

• Others

Frequently Asked Questions

• What is the projected growth rate of the Global Airless Tires Market during the forecast period?

• What are the major factors driving the adoption of airless tires in different vehicle segments?

• How is the competitive landscape evolving in the airless tire market?

• What challenges could hinder the growth of the airless tires market in the coming years?

• Which regions are expected to witness significant growth in the airless tires market?

Other Report:

• https://www.marknteladvisors.com/research-library/egypt-passenger-car-tire-market.html

• https://www.marknteladvisors.com/research-library/global-otr-tire-market-analysis.html

• https://www.marknteladvisors.com/research-library/india-tire-market-analysis.html

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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.