Press release
Airless Tires Global Market: A Compound Annual Growth Rate of 6.2 % from 2024 to 2025
Airless Tires Market Size
What Is The Projected Market Size Of The Global Airless Tires Global Market Report 2025 And Its Growth Rate?
The airless tires market catapulted to new heights recently with projected further growth.
• 2024 Market Size: $1.21 billion
• 2025 Market Size: $1.29 billion (6.2% CAGR)
• 2029 Market Size: $1.66 billion (6.4% CAGR)
Sectors such as military, mining, industry, and agriculture attest to the reliability and maintenance-free use of these tires. Future trends include sustainable transport solutions, amplified grip, and traction technology.
What Is Driving The Growth In The Airless Tires Global Market Report 2025?
The spike in vehicle manufacturing spearheads the surge in the airless tire market. Vehicle manufacture, encompassing automobiles and light trucks, demands similar, high-quality tire models for the consumer market. Airless tires are puncture-resistant and require less maintenance-de-stressing the drive experience. As indicated in a May 2023 report by the European Automobile Manufacturers Association, the global vehicle production leaped by 5.7% in 2022 from its previous year, reaching 85.4 million vehicles. This surge in automobile manufacturing catalyzes the airless tire market's exponential growth.
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Who Are the Key Players Driving Airless Tires Global Market Report 2025 Growth?
• Bridgestone Corporation
• The Goodyear Tire & Rubber Company
• Continental AG
• MICHELIN
• Pirelli Tyre S.p.A
• Sumitomo Rubber Industries Ltd
• Hankook Tire Co. Ltd
• Yokohama Tire Corporation
• SciTech Industries
• Trelleborg AB
• Amerityre Corporation
• Toyo Tire & Rubber Co. Ltd
• GRI Tires
• Tannus Ltd
• Cooper Tire & Rubber Company
• General Motors
• Tesla Inc.
• Apollo Tyres Ltd
• Nokian Tyres plc
• Kumho Tire Co. Inc.
• Maxxis International
• MRF Limited
• Cheng Shin Rubber Ind. Co. Ltd.
• Falken Tire Corporation
• Bridgestone Americas Inc.
• Uniroyal Engineered Products LLC
• Dunlop Tires
• Firestone Tire and Rubber Company
• Michelin Group
• Goodyear Dunlop Tires Europe B.V.
What Are The Key Trends In The Airless Tires Global Market Report 2025?
Key market trends include:
• Adoption in passenger vehicles
• 3D printing and manufacturing
• Integration in sustainable transport solutions
• Retail availability and aftermarket demand
• Enhanced traction and grip
What Are The Segments Of The Global Airless Tires Global Market Report 2025?
• Types: Radial Tires, Bias Tires
• Material: Rubber, Plastic
• Vehicle: Military Vehicles, Commercial And Passenger Vehicles, All-Terrain Vehicles, Utility Vehicles, Two Wheelers
• Rim Size: Less Than 15 Inches, 15-20 Inches, More Than 20 Inches
• Sales Channel: OEM, After market
Which Region Leads The Airless Tires Global Market Report 2025?
Asia-Pacific dominated the airless tires market in 2024 and is projected to maintain the fastest growth through 2025. The airless tires market report expands its global coverage to Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.
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What Is Covered In The Airless Tires Global Market Report 2025 Global Market Report?
- Market Size Analysis: Analyze the Airless Tires Global Market Report 2025 size by key regions, countries, product types, and applications.
- Market Segmentation Analysis: Identify various subsegments within the Airless Tires Global Market Report 2025 for effective categorization.
- Key Player Focus: Focus on key players to define their market value, share, and competitive landscape.
- Growth Trends Analysis: Examine individual growth trends and prospects in the Market.
- Market Contribution: Evaluate contributions of different segments to the overall Airless Tires Global Market Report 2025 growth.
- Growth Drivers: Detail key factors influencing market growth, including opportunities and drivers.
- Industry Challenges: Analyze challenges and risks affecting the Airless Tires Global Market Report 2025.
- Competitive Developments: Analyze competitive developments, such as expansions, agreements, and new product launches in the market.
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