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Rising SUV Popularity Fuels Growth In All-Weather Tire Market: Pivotal Factor Influencing All Weather Tire Market Growth in 2025

11-03-2025 07:46 AM CET | Chemicals & Materials

Press release from: The Business Research Company

All Weather Tire Market

All Weather Tire Market

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All Weather Tire Market Size Growth Forecast: What to Expect by 2025?
The all weather tire market has expanded steadily in recent years. It is projected to grow from $185.14 billion in 2024 to $194.79 billion in 2025 at a CAGR of 5.2%. Historic growth was driven by consumer preference for all-weather tires over seasonal types, the growth of electric vehicles, rising demand for convenience and versatile options, urbanization-led mobility, and higher demand for performance-based tires.

How Will the All Weather Tire Market Size Evolve and Grow by 2029?
The size of the all-weather tire industry is predicted to experience substantial expansion in the forthcoming years. It is projected to increase to a worth of $242.17 billion in 2029, with a compound annual growth rate (CAGR) of 5.6%. The anticipated growth during this forecast period can be linked to regulatory modifications affecting tire standards, economic fluctuations that alter buying habits, the availability of customization choices for a variety of vehicle types and consumer tastes, environmental laws that encourage the use of earth-friendly tire alternatives, and changing seasonal weather conditions. The significant trends anticipated in the forecast period encompass the expansion of product ranges to incorporate premium all-weather tires, the integration of intelligent tire technologies to improve safety and performance, the rise of environmentally responsible tire production methods, the progression in tire technology, and the innovative breakthroughs in tire materials and fabrication processes.

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What Drivers Are Propelling the Growth of All Weather Tire Market Forward?
The increasing fondness for sports utility vehicles is set to drive the expansion of the all weather tire market in the future. A sports utility vehicle is a versatile automobile that merges both off-road driving capabilities and the comfort offered by a passenger car, boasting of a substantial ground clearance and ample interior space. The rising fame of sports utility vehicles (SUVs) can be attributed to their adaptability, ample space, and superior driving position, attracting a wide spectrum of consumers. Equipping sports utility vehicles with all-weather tires ensures dependable performance under varied conditions, providing improved grip and stability on both wet and dry surfaces, including light snow. The International Energy Agency, a France-based international energy forum, revealed in June 2024, that there were 14.21 million Conventional (Adv) SUVs in 2022 as compared to 16.03 million in 2023. Hence, the burgeoning fondness for sports utility vehicles is propelling the expansion of the all weather tire market.

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Which Emerging Trends Are Transforming the All Weather Tire Market in 2025?
Leading businesses in the all weather tire market are creating state-of-the-art products like long-tread-life tires to maintain their competitive edge. These types of tires are designed to last for an extended period before the tread deteriorates to the extent of necessitating replacement. For instance, in October 2023, Japanese tire manufacturer, Yokohama Tire, unveiled the Geolander CV 4S, an all-weather tire tailor-made for crossovers, compact SUVs, and minivans. This represents Yokohama's intentional growth push into the expanding all-weather tire market for these specific types of vehicles. The tire incorporates unique characteristics, such as an asymmetric tread design which delivers exceptional winter grip and optimizes performance in both damp and dry conditions. Additionally, its zig-zag grooves provide resistance to hydroplaning by effectively displacing vast amounts of water, hence ensuring remarkable wet-performance.

What Are the Key Segments in the All Weather Tire Market?
The all weather tire market covered in this report is segmented -

1) By Rim Size: 12 Inch - 17 Inch, 18 Inch - 21 Inch, Greater Than 22 Inch
2) By Sales Channel: Original Equipment Manufacturer (OEM), Aftermarket
3) By Vehicle Type: Passenger Cars, Light Commercial Vehicle (LCV), Heavy Commercial Vehicle (HCV)

Subsegments:
1) By 12 Inch - 17 Inch: Small Car Tires, Compact Car Tires, Entry-Level Vehicle Tires
2) By 18 Inch - 21 Inch: Mid-Size Car Tires, Luxury Car Tires, Performance Vehicle Tires
3) By Greater Than 22 Inch: SUV Tires, Light Truck Tires, Premium And High-Performance Vehicle Tires

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Who Are the Key Players Shaping the All Weather Tire Market's Competitive Landscape?
Major companies operating in the all weather tire market are Continental AG, Bridgestone Corporation, Michelin, The Goodyear Tyre & Rubber Company, Maxxis International, Sumitomo Rubber Industries Ltd., Giti Tire Pte Ltd., Pirelli & C. S.p.A., Hankook Tire and Technology Co. Ltd., Toyo Tire Corporation, MRF Ltd., Kumho Tire Co. Inc., Apollo Tyres, Cooper Tire and Rubber Co., Nexen Tire, Nokian Tyres Plc, CEAT Ltd., Firestone Complete Auto Care, Yokohama Tire Corporation, Falken Tire Corp., BFGoodrich Inc., Omni United (S) Pte. Ltd., Sailun Tire, Nitto Tire USA Inc., Uniroyal Tires Inc.

What Geographic Markets Are Powering Growth in the All Weather Tire Market?
North America was the largest region in the all-weather tire market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the all weather tire market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

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