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Global Two-Wheeler Tires Market Valued at US$ 14.9 Bn in 2025, Forecasted to Rise at 8.3% CAGR Through 2032 | Persistence Market Research

Two-wheeler Tires Market

Two-wheeler Tires Market

The global two-wheeler tires market is projected to experience significant growth over the next several years. The market, valued at approximately US$ 14.9 billion in 2025, is anticipated to expand at a robust compound annual growth rate (CAGR) of 8.3% during the forecast period from 2025 to 2032. By the end of the forecast period, the market is expected to attain a valuation of US$ 26.4 billion.

Several factors are driving this growth, including the increased popularity of two-wheelers, particularly in developing regions, the rising demand for eco-friendly transportation options, and the rapid adoption of electric two-wheelers (e-bikes and e-scooters). The global push for sustainability and lower carbon emissions has encouraged a shift toward more energy-efficient and compact mobility solutions, which, in turn, has boosted the demand for advanced tire technologies and materials. Furthermore, the growing emphasis on high-performance tires to meet the needs of diverse consumer segments is contributing to the market's expansion.

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Segmentation Analysis

The two-wheeler tire market is diverse, with different product categories catering to specific needs across the automotive sector. The market can be segmented by type, vehicle/product/service type, and, to a lesser extent, by propulsion/technology/channel. These segments provide deep insights into evolving consumer preferences and demand trends.

By Type

The global two-wheeler tires market is primarily segmented into radial tires, bias-ply tires, and tubeless tires. Among these, radial tires dominate the market due to their superior performance characteristics, including better fuel efficiency, greater durability, and enhanced safety. Radial tires offer improved handling and comfort, making them the preferred choice for high-performance motorcycles and electric two-wheelers.

Bias-ply tires, while less popular in premium segments, are still widely used in budget-friendly motorcycles and scooters in emerging economies due to their lower cost. Meanwhile, tubeless tires are gaining traction in all categories because of their convenience, safety features, and better air retention. The increasing adoption of tubeless tires is expected to continue growing at the fastest rate, driven by the growing demand for hassle-free maintenance and enhanced safety features.

By Vehicle/Product/Service Type

The market is also segmented based on the type of vehicle and product. The key vehicle segments include motorcycles, scooters, and electric two-wheelers (e-bikes, e-scooters). Motorcycles, by far, represent the largest segment of the market, driven by both demand from developed markets for high-performance bikes and the rising adoption of motorcycles in developing countries, where they are a popular form of personal transport.

Electric two-wheelers are one of the fastest-growing segments. As environmental concerns increase, consumers and governments alike are turning to electric motorcycles and scooters as sustainable transportation alternatives. The surge in electric vehicle (EV) adoption, supported by favorable government policies and technological advancements, is expected to lead to significant growth in the electric two-wheeler tire segment.

Additionally, replacement tires form a significant portion of the market. These tires are primarily used to replace worn-out tires on existing two-wheelers, and the growing number of two-wheelers on the road contributes to the expansion of the replacement tire market.

By Propulsion/Technology/Channel

The propulsion segment in the two-wheeler tire market is largely influenced by the increasing penetration of electric and hybrid-powered two-wheelers, as these vehicles typically require specialized tires designed to handle different weight distribution and performance requirements. Manufacturers are developing tires with enhanced durability, lower rolling resistance, and improved grip to meet the evolving needs of electric two-wheelers.

From a technological standpoint, advanced tire technologies, including smart tires and self-healing tires, are gaining attention in the market. The incorporation of sensors and IoT (Internet of Things) capabilities into tires allows for real-time monitoring of tire pressure, temperature, and wear, enhancing safety and performance. These technologies are likely to play a significant role in the future, enabling tire manufacturers to offer products that align with the digitalization of transportation.

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Regional Insights

The two-wheeler tire market exhibits distinct growth patterns across various regions. Asia-Pacific (APAC) stands out as the dominant region in the global market, both in terms of demand and supply. This is primarily due to the high population density, particularly in countries like India and China, where two-wheelers are a preferred mode of transportation due to their affordability and convenience. In fact, Asia-Pacific accounts for the largest share of the global market, and its position is unlikely to change over the forecast period.

The fastest-growing region in the two-wheeler tire market is Europe, driven by the increasing popularity of electric motorcycles and the high adoption rate of e-scooters in cities with strong environmental regulations and traffic restrictions. Several European countries are implementing incentives and policies to promote green transportation, further boosting the demand for electric two-wheelers and their corresponding tire technologies.

North America, although smaller in terms of market size, is also experiencing significant growth due to the rising demand for high-performance motorcycles and the growing interest in eco-friendly two-wheeler alternatives.

Unique Features and Innovations in the Market

The modern two-wheeler tire market is characterized by rapid technological advancements that differentiate it from conventional tire markets. Innovation is focused on improving performance, safety, sustainability, and integration with the broader digital ecosystem. Several factors contribute to this evolution:

Smart Tires: Incorporating sensors and IoT technology into tires allows for real-time data collection regarding tire pressure, wear levels, and temperature. This connectivity helps improve safety, reduce maintenance costs, and optimize the tire's lifespan.

Self-healing Tires: The development of self-healing tire materials, which can automatically repair minor punctures and damage, is gaining traction. This innovation helps extend the life of tires, enhances safety, and reduces the need for frequent tire replacements.

Sustainability: As consumers become more environmentally conscious, there is a rising demand for eco-friendly tire materials. Manufacturers are focusing on sustainable materials like renewable rubber and silica compounds to reduce the carbon footprint of tires and minimize environmental impact.

5G Connectivity: The integration of 5G technology into tire systems allows for faster and more reliable communication between tires, vehicles, and infrastructure. This development is particularly relevant for autonomous and connected two-wheelers.

Market Highlights

The growth of the two-wheeler tire market is driven by a combination of key factors, including cost-effective and sustainable transportation solutions, the rise of electric vehicles, and the increased focus on performance and safety. The growing need for replacement tires and the expansion of two-wheeler fleets across developing regions will continue to bolster market growth.

Furthermore, regulatory changes, such as stricter environmental standards and tire quality regulations, are playing a crucial role in shaping the market. These regulations encourage tire manufacturers to innovate and focus on sustainability and performance, aligning their offerings with the growing demand for green solutions and advanced technologies.

Key Players and Competitive Landscape

The competitive landscape in the global two-wheeler tire market is highly fragmented, with several key players competing for market share. Prominent companies in the market include:

Michelin: A global leader in the tire industry, Michelin has consistently focused on innovation, with a strong emphasis on performance and sustainability. The company is investing in new tire technologies, including smart and self-healing tires, to stay ahead of the competition.

Bridgestone: Another major player, Bridgestone is leveraging its extensive research and development capabilities to produce tires that meet the evolving needs of both traditional and electric two-wheeler markets. The company is also focusing on eco-friendly tire solutions, including those made from sustainable materials.

Balkrishna Industries Limited (BKT): Known for its specialization in off-highway tires, BKT is making inroads into the two-wheeler tire market by offering high-performance tires tailored to meet the demands of diverse consumer segments.

Continental AG: Continental is innovating with tires that integrate IoT technology, offering consumers real-time tire health monitoring. The company is also increasing its focus on the electric two-wheeler segment, developing specialized tires for e-scooters and e-motorcycles.

Dive deeper into the market data: https://www.persistencemarketresearch.com/market-research/two-wheeler-tires-market.asp

Future Opportunities and Growth Prospects

The future of the two-wheeler tire market is marked by significant opportunities. The rising popularity of electric two-wheelers, combined with advancements in tire technologies such as AI-driven optimization and sustainable materials, presents a host of opportunities for manufacturers to expand their product offerings.

Furthermore, the growing importance of tire recycling and circular economy practices is likely to drive innovation in sustainable tire manufacturing processes. As regulatory frameworks around emissions and sustainability tighten globally, tire manufacturers will be compelled to align their products with these changes, opening the door to new business models and growth avenues.

As technology continues to evolve, the integration of AI, IoT, and 5G into tire solutions will likely redefine consumer expectations, offering enhanced safety, better performance, and reduced costs.

In conclusion, the two-wheeler tire market is poised for substantial growth, with technological innovations and an increasing shift toward electric and sustainable transportation solutions driving the industry forward. Manufacturers who can align themselves with these trends are well-positioned to thrive in this dynamic and competitive market.

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