Prominent Airless Tires Market Trend for 2025: Advancements in Airless Radial Tires for Enhanced Durability and Safety

What industry-specific factors are fueling the growth of the airless tires market?
The surge in vehicle manufacturing is set to stimulate the expansion of the airless tires industry in the future. Vehicle manufacturing involves the production of cars as well as light trucks or utility vehicles such as light-duty vans, pickup trucks, and minivans that are mass-produced in identical models for sale. Airless tires offer significant advantages like better puncture resistance, reduced maintenance, and improved vehicle security. They eliminate the risks of blowouts or flat tires and thus provide reliable performance on the road, enhancing the confidence of drivers. For instance, a report published by the European Automobile Manufacturers Association, a Belgium-based automotive industry standards group in the European Union, stated in May 2023 that the worldwide motor vehicle production grew by 5.7% in 2022 to 85.4 million from the previous year. Consequently, the escalating production of vehicles is fueling the expansion of the airless tires industry.

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What Is the projected market size and growth rate for the airless tires market?
The market size for airless tires has experienced significant growth in the past few years. The market is projected to expand from $1.21 billion in 2024 to $1.29 billion in 2025, with a compound annual growth rate (CAGR) of 6.2%. The increase during the historic period can be attributed to its usage in military applications, mining and industrial tasks, agriculture machinery, space exploration technology, its reliability, and decreased upkeep.

The market size for airless tires is anticipated to witness robust growth in the upcoming years, reaching an estimated value of $1.66 billion in 2029 with a Compound Annual Growth Rate (CAGR) of 6.4%. Factors contributing to this growth during the projection period include government policies, logistics and material handling improvements, increased focus on performance, convenience for customers, and the progression of autonomous vehicles. The major market trends within the forecast duration encompass inclusion in passenger vehicles, advancements in 3D printing and production, incorporation in eco-friendly transport solutions, retail accessibility, aftermarket demands, and augmented traction and grip.

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What new trends are reshaping the airless tires market and its opportunities?
Leading businesses in the airless tire industry are directing their efforts towards introducing groundbreaking products like airless radial tires, which boost durability and eliminate puncture hazards. Airless radial tires represent a category of tire produced devoid of air pressure, using a distinctive structure for support and flexibility, increasing toughness and minimizing puncture threats. For example, in September 2022, Michelin, a manufacturing firm based in France, unveiled the MICHELIN X Tweel airless radial tire specifically for eCargo trikes. The MICHELIN X Tweel, a pioneering airless radial tire for eCargo trikes, improves last-mile delivery by minimizing flat tire-related downtime and enhancing safety. This avant-garde tire replaces conventional tire and wheel systems, negating the necessity for air pressure and delivering exceptional stability and handling attributes.

What major market segments define the scope and growth of the airless tires market?
The airless tires market covered in this report is segmented -

1) By Type: Radial Tires, Bias Tires
2) By Material: Rubber, Plastic
3) By Vehicle: Military Vehicles, Commercial And Passenger Vehicles, All-Terrain Vehicles, Utility Vehicles, Two Wheelers
4) By Rim Size: Less Than 15 Inches, 15-20 Inches, More Than 20 Inches
5) By Sales Channel: OEM, After market

Subsegments:
1) By Radial Tires: Passenger Radial Tires, Light Truck Radial Tires, Heavy-Duty Radial Tires
2) By Bias Tires: Passenger Bias Tires, Light Truck Bias Tires, Heavy-Duty Bias Tires

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Which region dominates the airless tires market?
Asia-Pacific was the largest region in the airless tires market in 2024. It is expected to be the fastest-growing region in the forecast period. The regions covered in the airless tires market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa

Which key market leaders are driving the airless tires industry growth?
Major companies operating in the airless tires market include 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.

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What Is Covered In The Airless Tires Global Market Report?

• Market Size Forecast: Examine the airless tires market size across key regions, countries, product categories, and applications.
• Segmentation Insights: Identify and classify subsegments within the airless tires market for a structured understanding.
• Key Players Overview: Analyze major players in the airless tires market, including their market value, share, and competitive positioning.
• Growth Trends Exploration: Assess individual growth patterns and future opportunities in the airless tires market.
• Segment Contributions: Evaluate how different segments drive overall growth in the airless tires market.
• Growth Factors: Highlight key drivers and opportunities influencing the expansion of the airless tires market.
• Industry Challenges: Identify potential risks and obstacles affecting the airless tires market.
• Competitive Landscape: Review strategic developments in the airless tires market, including expansions, agreements, and new product launches.

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