Two-Wheeler Tires Market Outlook 2032: Featuring Key Players Like Michelin, Bridgestone, and MRF | Persistence Market Research

The global two-wheeler tires market is witnessing rapid growth and is projected to reach a market value of US$ 14.9 billion in 2025, growing at a robust compound annual growth rate (CAGR) of 8.3% from 2025 to 2032. By the end of the forecast period, the market is expected to attain a value of US$ 26.4 billion. The increase in motorcycle ownership, particularly in developing economies, along with innovations in tire technology, are driving this growth. According to a new report by Persistence Market Research, technological advancements, evolving consumer preferences, and expanding production capacities are key factors propelling the market forward.

Additionally, the growing demand for motorcycles, e-bikes, and scooters is complemented by consumer expectations for higher-performance tires that offer durability, safety, and fuel efficiency. Furthermore, advancements in tire technologies, such as improved tread designs, use of innovative materials, and the integration of smart sensors, are contributing to the market's growth. As consumers seek enhanced ride comfort, fuel economy, and safety features, tire manufacturers are innovating at a rapid pace to meet these needs.

In the coming years, tire manufacturers will also benefit from the rising trend of electric two-wheelers. The global shift toward electric mobility and a heightened focus on sustainability and eco-friendly products will continue to influence consumer demand for innovative tire solutions tailored to electric motorcycles and e-bikes.

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Segmentation Analysis

By Type: Radial vs. Bias Ply Tires

The two-wheeler tire market can be segmented into two primary categories: radial tires and bias ply tires. Among these, radial tires are expected to dominate the market in terms of growth, with a rising preference among consumers for tires that provide better grip, stability, and durability.

Radial tires are designed with layers of cord that run perpendicular to the tire's direction, which provides enhanced stability and allows for a longer lifespan compared to bias ply tires. This design makes radial tires particularly suitable for high-speed motorcycles and those that require better performance and safety features, such as sports bikes and touring motorcycles. Radial tires are also more fuel-efficient due to their ability to reduce rolling resistance, which is a key factor in the growing adoption of these tires in both premium and entry-level motorcycles.

Bias ply tires, which feature overlapping layers of fabric that run at an angle to the direction of travel, are typically used in lower-cost motorcycles or for off-road and motocross applications. These tires are more flexible but offer less durability and stability at higher speeds compared to radial tires.

By Vehicle/Product/Service Type: Motorcycles, E-bikes, Scooters

The two-wheeler tire market is also segmented by vehicle type, which includes motorcycles, e-bikes, and scooters. Motorcycles represent the largest segment in terms of market share, particularly in regions like Asia-Pacific, where motorcycles are a common form of daily transportation.

The e-bike segment, although smaller in comparison to motorcycles, is growing rapidly. As electric motorcycles and e-bikes gain traction globally due to their environmental benefits, the demand for specialized tires suited to the specific requirements of electric propulsion systems is also on the rise. E-bike tires need to accommodate different weight distributions, higher torque, and long-range driving while maintaining high efficiency.

Scooters, particularly in urban areas, are gaining popularity due to their affordability, compactness, and fuel efficiency. As demand for scooters continues to rise in developed markets such as Europe and North America, the need for high-quality, durable tires designed for scooter performance is also growing.

By Propulsion/Technology: Internal Combustion Engine (ICE) vs. Electric Propulsion

While motorcycles traditionally rely on internal combustion engines (ICE), the shift toward electric two-wheelers is having a significant impact on tire requirements. Tires for electric motorcycles (e-motorcycles) and e-bikes need to be specifically designed to accommodate the unique characteristics of electric propulsion, such as higher torque and battery weight.

Manufacturers are increasingly focusing on developing tires that provide better durability, traction, and performance for electric vehicles. Electric two-wheelers often have a heavier battery pack, which places additional demands on tire manufacturers to create products that can support higher loads without compromising performance or longevity.

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Regional Insights

The two-wheeler tires market is geographically diverse, with distinct growth patterns across different regions. The Asia-Pacific region, particularly countries like India, China, and Southeast Asia, remains the largest and most significant market for two-wheeler tires. In these regions, motorcycles serve as a primary mode of transportation due to their affordability, fuel efficiency, and ability to navigate through dense traffic. As a result, Asia-Pacific accounts for the majority of global two-wheeler tire sales.

In North America and Europe, motorcycles are primarily used for recreational purposes, including touring and racing, and the demand for high-performance tires is higher in these markets. While the overall volume of motorcycle sales may be lower compared to emerging markets, the premium segment in these regions drives significant sales of advanced tire technologies.

The fastest-growing market is expected to be Latin America, where increasing urbanization, economic development, and rising middle-class incomes are fueling the adoption of motorcycles and scooters as a preferred mode of transport. Moreover, electric mobility is gaining popularity in Latin America, further contributing to the market growth as the demand for specialized electric vehicle tires increases.

Unique Features and Innovations in the Market

The two-wheeler tire industry is evolving rapidly, with continuous innovations aimed at improving performance, durability, and fuel efficiency. Some of the most significant trends in tire technology include:

Smart Tires: Integration of sensors and IoT (Internet of Things) technology into tires has revolutionized the way two-wheeler tires are monitored and maintained. Smart tires can provide real-time data on tire pressure, temperature, and tread wear, allowing for proactive maintenance and minimizing the risk of tire failure. This technology also enables motorcycle owners to optimize tire performance and extend the lifespan of their tires.

Eco-friendly Materials: As the demand for sustainability grows, tire manufacturers are increasingly adopting eco-friendly materials, such as silica-based compounds and recycled rubber, to create tires that offer improved fuel efficiency and a smaller environmental footprint.

High-Performance Tread Patterns: Tire manufacturers are designing tread patterns that improve traction, handling, and stability, especially in wet or off-road conditions. These tread designs are particularly important for motorcycles used in racing or high-performance applications, where safety and performance are paramount.

Enhanced Durability: New rubber compounds and advanced construction techniques are allowing manufacturers to create tires with greater durability and longer service lives, reducing the frequency of tire replacements and contributing to lower long-term ownership costs for consumers.

Electric Vehicle (EV) Tires: As electric motorcycles and e-bikes become more popular, tire manufacturers are designing tires specifically tailored to the unique requirements of electric propulsion systems. These tires are optimized to handle the higher torque of electric motors and the additional weight of battery packs, ensuring better performance and efficiency.

Market Highlights

The adoption of advanced tire technologies, coupled with increasing motorcycle and e-bike ownership, is driving the growth of the two-wheeler tire market. As consumers demand better performance, fuel efficiency, and safety features, tire manufacturers are continuously innovating to meet these expectations. Additionally, the global push toward electric vehicles is creating new opportunities for the development of specialized tires for electric motorcycles and e-bikes.

Regulatory factors also play a crucial role in shaping the market. In many regions, governments are implementing stricter regulations around fuel efficiency and emissions, prompting the adoption of technologies such as low rolling resistance tires and environmentally friendly materials. Moreover, tire manufacturers are under pressure to develop solutions that not only improve performance but also reduce environmental impact.

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Key Players and Competitive Landscape

The two-wheeler tire market is highly competitive, with several global and regional players striving for market leadership. Key players in the market include:

Michelin: A leading global tire manufacturer, Michelin focuses on innovation and technology to develop high-performance tires for motorcycles and e-bikes. The company's strategy includes expanding its product portfolio with an emphasis on smart tires and eco-friendly materials.

Bridgestone Corporation: Bridgestone is known for its extensive range of motorcycle tires and its leadership in both the high-performance and electric motorcycle tire segments. The company is also investing in AI and IoT technologies to create smarter tire solutions for consumers.

Goodyear Tire & Rubber Company: Goodyear has been actively expanding its product offerings for electric two-wheelers, leveraging its expertise in materials science to create advanced tires with better durability and fuel efficiency.

Pirelli & C. S.p.A.: Pirelli is a prominent player in the premium motorcycle tire market, particularly in Europe and North America. The company focuses on high-performance tires for sports motorcycles and is also exploring opportunities in the electric vehicle tire segment.

Continental AG: Continental's focus on innovation and sustainability is driving its success in the two-wheeler tire market. The company is investing in tire technologies that enhance safety, fuel efficiency, and environmental impact, particularly for electric two-wheelers.

Future Opportunities and Growth Prospects

The two-wheeler tire market is expected to continue growing, driven by the increasing adoption of motorcycles, scooters, and e-bikes, along with advancements in tire technology. The rise of electric vehicles and the growing demand for eco-friendly, high-performance tires will provide significant opportunities for tire manufacturers. Innovations in smart tire technology, sustainable materials, and enhanced durability will play a crucial role in shaping the future of the market.

The role of government regulations aimed at improving fuel efficiency and reducing emissions will further accelerate the demand for advanced tire solutions that support environmental sustainability. As the market evolves, tire manufacturers that invest in innovation and sustainability will be well-positioned for long-term success.

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