Projected Growth: Airless Tires Market to Reach USD 101.88 Million by 2030

By: MarkNtel Advisors LLP
 
ABU DHABI, UAE - April 23, 2025 - PRLog -- MarkNtel Advisors, a leading global market research firm, today released its Global Airless Tires Market Research Report: Forecast (2025-2030), forecasting the market to reach USD 101.88 million by 2030. Valued at approximately USD 68.19 million in 2024, the market is expected to grow at a compound annual growth rate (CAGR) of 6.88% during the forecast period (2025-2030). This growth is driven by the expanding automotive industry, a shift toward sustainable and maintenance-free tire solutions, and significant technological advancements.

Key Drivers Propel Global Airless Tires Market Growth
  • Ever-Growing Automotive Industry Worldwide: The global automotive sector, including passenger vehicles, commercial fleets, and electric vehicles (EVs), is expanding rapidly. This growth drives demand for innovative tire solutions like airless tires, which offer durability and reduced maintenance for diverse applications, from lawnmowers to heavy-duty equipment.
  • Rapid Shift Toward Sustainable & Maintenance-Free Tires: Consumers and manufacturers are increasingly prioritizing eco-friendly and low-maintenance tire options. Airless tires, also known as non-pneumatic tires (NPT), eliminate the need for air pressure maintenance and reduce tire waste, aligning with global sustainability goals and consumer demand for hassle-free solutions.

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Key Trends in Airless Tires Market 2025

Technological innovation is reshaping the airless tires market. Leading manufacturers, such as Michelin and Bridgestone Corporation, are investing heavily in research and development to enhance tire design and materials. For instance, Michelin's UPTIS (Unique Puncture-proof Tire System) prototype, tested on vehicles like the e-Mini at the Munich Motor Show, showcases puncture-proof technology and reduced environmental impact.

Airless Tires Market Segmentation Analysis

The industry is further bifurcated into:

Based on Vehicle Type:
  • Two-Wheelers,
  • Passenger Cars,
  • Commercial Vehicles,
  • Off-Road Vehicles,
  • Military Vehicles

Based on Material:
  • Rubber,
  • Plastic

Based on Demand Type:
  • OEM,
  • Replacement

Based on Tire Type:
  • Radial,
  • Bias

Based on Rim Size:
  • Up to 12",
  • 1" to 15",
  • 1" to 18",
  • 1" to 22",
  • Above 22"

Based on Sales Channel:
  • Direct Sales,
  • Distributor Channels,
  • Online Platform

Based on Region:
  • North America
  • South America
  • Europe
  • Middle East & Africa
  • Asia-Pacific

Leading Players in Airless Tire Market:
  • Michelin,
  • Bridgestone Corporation,
  • Continental AG,
  • Amerityre Corporation,
  • Goodyear Tire & Rubber Co.,

Future Outlook: Opportunities and Challenges

The airless tires market presents significant opportunities, particularly in electric vehicle integration, autonomous vehicle applications, and sustainable manufacturing. However, challenges such as high production costs and limited performance in high-speed or high-friction scenarios may hinder growth. Manufacturers are addressing these through rigorous R&D and cost-optimization strategies.

Read Full Report - https://www.marknteladvisors.com/research-library/global-airless-tire-market.html
End
Source:MarkNtel Advisors LLP
Email:***@marknteladvisors.com
Tags:Airless Tires Market
Industry:Business
Location:Abu Dhabi - Abu Dhabi - United Arab Emirates
Subject:Reports
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