Airless Tires Market Surges Amidst Rising Vehicle Production: The Driving Engine Behind Airless Tires Market Evolution in 2025

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Airless Tires Market Size Growth Forecast: What to Expect by 2025?
The size of the airless tires market has consistently expanded over recent years. The market is anticipated to escalate from a value of $1.21 billion in 2024 to $1.27 billion in 2025, reflecting a compound annual growth rate (CAGR) of 4.9%. Factors contributing to growth during the historical period include their use in military settings, mining and industrial applications, agricultural equipment, space exploration technology, alongside their reliability and lower maintenance requirements.

How Will the Airless Tires Market Size Evolve and Grow by 2029?
The market size of airless tires is projected to experience robust expansion in the coming years, escalating to $1.63 billion by 2029 with a CAGR of 6.3%. This growth in the projected timeframe is due to factors such as governmental regulations, attention to logistics and material management, emphasis on performance improvements, preference by consumers for convenience, and advancement in autonomous vehicles. Significant trends for this period involve their use in passenger vehicles, application of 3D printing and manufacturing, incorporation in environmentally-friendly transport solutions, accessibility in retail and increased demand in the aftermarket, and improved traction and grip.

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What Drivers Are Propelling the Growth of Airless Tires Market Forward?
The surge in car manufacturing is projected to accelerate the advancement of the airless tire sector. The term 'vehicle production' refers to the mass production of identical automobiles and light utility vehicles such as pick-up trucks, light-duty vans, and minivans, which are then commercialised. Airless tires offer superior puncture resistance, require less maintenance, and enhance vehicle safety. They eliminate the worry of tire burst or a flat tire, thereby ensuring a reliable driving experience. As per a report by the European Automobile Manufacturers Association, a Belgium-based automotive standards organization in the European Union, global motor vehicle production saw an increase of 5.7% in 2022, to 85.4 million, up from its 2021 level. Thus, the boom in vehicle manufacturing is acting as a catalyst for the growth of the airless tire market.

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Which Emerging Trends Are Transforming the Airless Tires Market in 2025?
Leading companies in the airless tire market are increasingly innovating and launching products like airless radial tires in an effort to increase durability and reduce the chance of deflation due to punctures. The airless radial tires are designed and structured uniquely without air pressure, providing the necessary support and flexibility, in turn contributing to enhanced durability and minimal risk of punctures. Take for instance, Michelin, a manufacturing company based in France which launched the MICHELIN X Tweel airless radial tire specifically for eCargo trikes in September 2022. This new airless radial tire designed for eCargo trikes greatly improves last-mile delivery by significantly reducing downtime caused by flat tires and increasing safety. Furthermore, this tire provides an alternative to traditional wheel and tire assemblies as it necessitates no air pressure while ensuring excellent stability and handling characteristics.

What Are the Key Segments in 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, Aftermarket

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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Who Are the Key Players Shaping the Airless Tires Market's Competitive Landscape?
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.

What Geographic Markets Are Powering Growth in 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

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