Product Code: 1390
Global Airless Tires Market is poised to grow between 2023 and 2032, owing to the increasing demand for all terrain and military vehicles. Strategic efforts undertaken by government authorities for product development and procurement of armored vehicles would add to the growing industry landscape.
For instance, in April 2022, after initially ordering 523 Boxer wheeled armored vehicles, the British government signed a contract with OCCAR and ARTEC to supply its army with 100 additional Boxer wheeled armored vehicles. Besides, the demand for HCVs is also increasing steadily, which will drive the market outlook.
Overall, the airless tires market has been segmented in terms of material, product, vehicle, sales channel, and region.
Based on material, the rubber segment will witness rapid expansion through 2032. Since the price of raw materials such as natural rubber is rising, there will be a shift towards airless tires over the next ten years. In April 2020, at the beginning of the pandemic while the price of natural rubber was USD 1.33 per kilogram in the USA, by February 2021 it went up to USD 2.46 per kilogram.
In terms of product, the bias segment is set to grow substantially by 2032 end, as bias tires are used in heavy-duty vehicles, such as buses and trucks.
On the basis of the vehicle, the military vehicle segment will expand at more than 9.5% CAGR over 2023-2032. The segmental growth will be fuelled by the availability of airless tires for military or armored vehicles on e-commerce websites.
In the context of sales channel, the market is likely to be characterized by the OEM segment during the estimated timeframe. There is a surging investment in the product development and enhancement of OEM tires, which will be the chief reason behind the expansion of this segment. Citing an instance, in 2021 Giti Tire, along with some OEM manufacturers and automotive partners, launched its new model fitments for a range of trucks and cars in Europe.
In the regional context, the Europe airless tires market is set to grow at more than 11% CAGR by 2032 end. The growing establishment of golf courses across the European continent has supported the adoption of golf carts and ATVs (all-terrain vehicles). The increasing adoption of airless tires by these carts for protecting the underlying area of such carts from damage will drive the market. As per reports, between 2016 to 2021, the total number of golf players in Europe increased from 7.9 million to 10.6 million.
Table of Contents
Chapter 1 Methodology & Scope
- 1.1 Methodology
- 1.2 Market definitions
- 1.3 Market estimation & forecast parameters
- 1.3.1 Base estimates & working
- 1.3.1.1 North America
- 1.3.1.2 Europe
- 1.3.1.3 Asia Pacific
- 1.3.1.4 Latin America (LATAM)
- 1.3.1.5 Middle East, & Africa (MEA)
- 1.3.2 Forecast calculations
- 1.3.2.1 COVID-19 impact calculations on industry forecast
- 1.4 Data sources
- 1.4.1 Primary
- 1.4.2 Secondary
- 1.4.2.1 Paid Sources
- 1.4.2.2 Public Sources
Chapter 2 Executive Summary
- 2.1 Airless Tires Market industry 360 degree synopsis, 2018 - 2032
- 2.1.1 Business trends
- 2.1.2 Vehicle trends
- 2.1.3 Material trends
- 2.1.4 Product trends
- 2.1.5 Sales channel trends
- 2.1.6 Regional trends
Chapter 3 Airless Tires Industry Insights
- 3.1 Industry segmentation
- 3.2 Industry size and forecast, 2018 - 2032
- 3.2.1 COVID-19 impact on industry landscape
- 3.3 Industry ecosystem analysis
- 3.3.1 Raw material suppliers
- 3.3.2 Manufacturers
- 3.3.3 Distribution chain analysis
- 3.3.4 Sales Channel
- 3.3.5 ) Shareholder profit margin analysis
- 3.3.6 Vendor matrix
- 3.4 Regulatory landscape
- 3.5 Technology and innovation landscape
- 3.6 Patent analysis
- 3.7 Pricing analysis
- 3.7.1 Cost structure analysis
- 3.8 Industry impact forces
- 3.8.1 Growth drivers
- 3.8.1.1 Growing demand for all terrain and military vehicles
- 3.8.1.2 Technological advancements in the products
- 3.8.1.3 Superior product efficiency as compared to conventional products
- 3.8.2 Industry pitfalls & challenges
- 3.8.2.1 Manufacturing complexity and high product cost
- 3.9 Porter's analysis
- 3.10 PESTEL analysis
- 3.11 Russia-Ukraine war impact analysis
Chapter 4 Competitive Landscape, 2022
- 4.1 Introduction
- 4.2 Market share analysis, 2022
- 4.3 Competitive analysis of key market players, 2022
- 4.4 Vendor adoption matrix
Chapter 5 Airless Tires Market By Material
- 5.1 Global Airless Tires Market insights, by material
- 5.2 Rubber
- 5.2.1 Global market estimates and forecasts, 2018 - 2032
- 5.2.2 Market estimates and forecast, by region, 2018 - 2032
- 5.3 Plastic
- 5.3.1 Global market estimates and forecasts, 2018 - 2032
- 5.3.2 Market estimates and forecast, by region, 2018 - 2032
Chapter 6 Airless Tires Market By Product
- 6.1 Global Airless Tires Market insights, by product
- 6.2 Radial
- 6.2.1 Global market estimates and forecasts, 2018 - 2032
- 6.2.2 Market estimates and forecast, by region, 2018 - 2032
- 6.3 Bias
- 6.3.1 Global market estimates and forecasts, 2018 - 2032
- 6.3.2 Market estimates and forecast, by region, 2018 - 2032
Chapter 7 Airless Tires Market, By Sales Channel
- 7.1 Airless Tires Market, by sales channel, 2022 & 2032
- 7.2 OEM
- 7.2.1 Market estimates and forecast, 2018 - 2032
- 7.2.2 Market estimates and forecast, by region, 2018 - 2032
- 7.3 Aftermarket
- 7.3.1 Market estimates and forecast, 2018 - 2032
- 7.3.2 Market estimates and forecast, by region, 2018 - 2032
Chapter 8 Airless Tires Market, By Vehicle
- 8.1 Airless Tires Market, by product, 2022 & 2032
- 8.2 Military vehicle
- 8.2.1 Market estimates and forecast, 2018 - 2032
- 8.2.2 Market estimates and forecast, by region, 2018 - 2032
- 8.3 Passenger & commercial vehicle
- 8.3.1 Market estimates and forecast, 2018 - 2032
- 8.3.2 Market estimates and forecast, by region, 2018 - 2032
- 8.4 Terrain vehicle
- 8.4.1 Market estimates and forecast, 2018 - 2032
- 8.4.2 Market estimates and forecast, by region, 2018 - 2032
- 8.5 Utility vehicle
- 8.5.1 Market estimates and forecast, 2018 - 2032
- 8.5.2 Market estimates and forecast, by region, 2018 - 2032
- 8.6 Two-Wheelers
- 8.6.1 Market estimates and forecast, 2018 - 2032
- 8.6.2 Market estimates and forecast, by region, 2018 - 2032
Chapter 9 Airless Tires Market, By Region
- 9.1 Airless Tires market, by region, 2022 & 2032
- 9.2 North America
- 9.2.1 Market estimate and forecast, 2018 - 2032
- 9.2.2 Market estimates and forecast, by material, 2018 - 2032
- 9.2.3 Market estimates and forecast, by product, 2018 - 2032
- 9.2.4 Market estimates and forecast, by vehicle, 2018 - 2032
- 9.2.5 Market estimates and forecast, by sales channel, 2018 - 2032
- 9.2.6 U.S.
- 9.2.6.1 Market estimate and forecast, 2018 - 2032
- 9.2.6.2 Market estimates and forecast, by material, 2018 - 2032
- 9.2.6.3 Market estimates and forecast, by product, 2018 - 2032
- 9.2.6.4 Market estimates and forecast, by vehicle, 2018 - 2032
- 9.2.6.5 Market estimates and forecast, by sales channel, 2018 - 2032
- 9.2.7 Canada
- 9.2.7.1 Market estimate and forecast, 2018 - 2032
- 9.2.7.2 Market estimates and forecast, by material, 2018 - 2032
- 9.2.7.3 Market estimates and forecast, by product, 2018 - 2032
- 9.2.7.4 Market estimates and forecast, by vehicle, 2018 - 2032
- 9.3 Europe
- 9.3.1 Market estimate and forecast, 2018 - 2032
- 9.3.2 Market estimates and forecast, by material, 2018 - 2032
- 9.3.3 Market estimates and forecast, by product, 2018 - 2032
- 9.3.4 Market estimates and forecast, by vehicle, 2018 - 2032
- 9.3.5 Market estimates and forecast, by sales channel, 2018 - 2032
- 9.3.6 France
- 9.3.6.1 Market estimate and forecast, 2018 - 2032
- 9.3.6.2 Market estimates and forecast, by material, 2018 - 2032
- 9.3.6.3 Market estimates and forecast, by product, 2018 - 2032
- 9.3.6.4 Market estimates and forecast, by vehicle, 2018 - 2032
- 9.3.7 Germany
- 9.3.7.1 Market estimate and forecast, 2018 - 2032
- 9.3.7.2 Market estimates and forecast, by material, 2018 - 2032
- 9.3.7.3 Market estimates and forecast, by product, 2018 - 2032
- 9.3.7.4 Market estimates and forecast, by vehicle, 2018 - 2032
- 9.3.8 Italy
- 9.3.8.1 Market estimate and forecast, 2018 - 2032
- 9.3.8.2 Market estimates and forecast, by material, 2018 - 2032
- 9.3.8.3 Market estimates and forecast, by product, 2018 - 2032
- 9.3.8.4 Market estimates and forecast, by vehicle, 2018 - 2032
- 9.3.9 Russia
- 9.3.9.1 Market estimate and forecast, 2018 - 2032
- 9.3.9.2 Market estimates and forecast, by material, 2018 - 2032
- 9.3.9.3 Market estimates and forecast, by product, 2018 - 2032
- 9.3.9.4 Market estimates and forecast, by vehicle, 2018 - 2032
- 9.3.10 UK
- 9.3.10.1 Market estimate and forecast, 2018 - 2032
- 9.3.10.2 Market estimates and forecast, by material, 2018 - 2032
- 9.3.10.3 Market estimates and forecast, by product, 2018 - 2032
- 9.3.10.4 Market estimates and forecast, by vehicle, 2018 - 2032
- 9.3.11 Poland
- 9.3.11.1 Market estimate and forecast, 2018 - 2032
- 9.3.11.2 Market estimates and forecast, by material, 2018 - 2032
- 9.3.11.3 Market estimates and forecast, by product, 2018 - 2032
- 9.3.11.4 Market estimates and forecast, by vehicle, 2018 - 2032
- 9.4 Asia Pacific
- 9.4.1 Market estimate and forecast, 2018 - 2032
- 9.4.2 Market estimates and forecast, by material, 2018 - 2032
- 9.4.3 Market estimates and forecast, by product, 2018 - 2032
- 9.4.4 Market estimates and forecast, by vehicle, 2018 - 2032
- 9.4.5 Market estimates and forecast, by sales channel, 2018 - 2032
- 9.4.6 China
- 9.4.6.1 Market estimate and forecast, 2018 - 2032
- 9.4.6.2 Market estimates and forecast, by material, 2018 - 2032
- 9.4.6.3 Market estimates and forecast, by product, 2018 - 2032
- 9.4.6.4 Market estimates and forecast, by vehicle, 2018 - 2032
- 9.4.7 Japan
- 9.4.7.1 Market estimate and forecast, 2018 - 2032
- 9.4.7.2 Market estimates and forecast, by material, 2018 - 2032
- 9.4.7.3 Market estimates and forecast, by product, 2018 - 2032
- 9.4.7.4 Market estimates and forecast, by vehicle, 2018 - 2032
- 9.4.8 India
- 9.4.8.1 Market estimate and forecast, 2018 - 2032
- 9.4.8.2 Market estimates and forecast, by material, 2018 - 2032
- 9.4.8.3 Market estimates and forecast, by product, 2018 - 2032
- 9.4.8.4 Market estimates and forecast, by vehicle, 2018 - 2032
- 9.4.9 South Korea
- 9.4.9.1 Market estimate and forecast, 2018 - 2032
- 9.4.9.2 Market estimates and forecast, by material, 2018 - 2032
- 9.4.9.3 Market estimates and forecast, by product, 2018 - 2032
- 9.4.9.4 Market estimates and forecast, by vehicle, 2018 - 2032
- 9.4.10 Thailand
- 9.4.10.1 Market estimate and forecast, 2018 - 2032
- 9.4.10.2 Market estimates and forecast, by material, 2018 - 2032
- 9.4.10.3 Market estimates and forecast, by product, 2018 - 2032
- 9.4.10.4 Market estimates and forecast, by vehicle, 2018 - 2032
- 9.4.11 Australia
- 9.4.11.1 Market estimate and forecast, 2018 - 2032
- 9.4.11.2 Market estimates and forecast, by material, 2018 - 2032
- 9.4.11.3 Market estimates and forecast, by product, 2018 - 2032
- 9.4.11.4 Market estimates and forecast, by vehicle, 2018 - 2032
- 9.5 Latin America
- 9.5.1 Market estimate and forecast, 2018 - 2032
- 9.5.2 Market estimates and forecast, by material, 2018 - 2032
- 9.5.3 Market estimates and forecast, by product, 2018 - 2032
- 9.5.4 Market estimates and forecast, by vehicle, 2018 - 2032
- 9.5.5 Market estimates and forecast, by sales channel, 2018 - 2032
- 9.5.6 Brazil
- 9.5.6.1 Market estimate and forecast, 2018 - 2032
- 9.5.6.2 Market estimates and forecast, by material, 2018 - 2032
- 9.5.6.3 Market estimates and forecast, by product, 2018 - 2032
- 9.5.6.4 Market estimates and forecast, by vehicle, 2018 - 2032
- 9.5.7 Argentina
- 9.5.7.1 Market estimate and forecast, 2018 - 2032
- 9.5.7.2 Market estimates and forecast, by material, 2018 - 2032
- 9.5.7.3 Market estimates and forecast, by product, 2018 - 2032
- 9.5.7.4 Market estimates and forecast, by vehicle, 2018 - 2032
- 9.5.8 Mexico
- 9.5.8.1 Market estimate and forecast, 2018 - 2032
- 9.5.8.2 Market estimates and forecast, by material, 2018 - 2032
- 9.5.8.3 Market estimates and forecast, by product, 2018 - 2032
- 9.5.8.4 Market estimates and forecast, by vehicle, 2018 - 2032
- 9.6 Middle East & Africa
- 9.6.1 Market estimate and forecast, 2018 - 2032
- 9.6.2 Market estimates and forecast, by material, 2018 - 2032
- 9.6.3 Market estimates and forecast, by product, 2018 - 2032
- 9.6.4 Market estimates and forecast, by vehicle, 2018 - 2032
- 9.6.5 Market estimates and forecast, by sales channel, 2018 - 2032
- 9.6.6 Saudi Arabia
- 9.6.6.1 Market estimate and forecast, 2018 - 2032
- 9.6.6.2 Market estimates and forecast, by material, 2018 - 2032
- 9.6.6.3 Market estimates and forecast, by product, 2018 - 2032
- 9.6.6.4 Market estimates and forecast, by vehicle, 2018 - 2032
- 9.6.7 UAE
- 9.6.7.1 Market estimate and forecast, 2018 - 2032
- 9.6.7.2 Market estimates and forecast, by material, 2018 - 2032
- 9.6.7.3 Market estimates and forecast, by product, 2018 - 2032
- 9.6.7.4 Market estimates and forecast, by vehicle, 2018 - 2032
- 9.6.8 South Africa
- 9.6.8.1 Market estimate and forecast, 2018 - 2032
- 9.6.8.2 Market estimates and forecast, by vehicle, 2018 - 2032
- 9.6.8.3 Market estimates and forecast, by end use, 2018 - 2032
Chapter 10 Company Profiles
- 10.1 Michelin
- 10.1.1 Business overview
- 10.1.2 Financial data
- 10.1.3 Product Landscape
- 10.1.4 Strategic Outlook
- 10.1.5 SWOT analysis
- 10.2 Bridgestone
- 10.2.1 Business overview
- 10.2.2 Financial data
- 10.2.3 Product landscape
- 10.2.4 Strategic Outlook
- 10.2.5 SWOT analysis
- 10.3 Good Year
- 10.3.1 Business overview
- 10.3.2 Financial data
- 10.3.3 Product landscape
- 10.3.4 Strategic outlook
- 10.3.5 SWOT analysis
- 10.4 Hankook
- 10.4.1 Business overview
- 10.4.2 Financial data
- 10.4.3 Product landscape
- 10.4.4 Strategic Outlook
- 10.4.5 SWOT analysis
- 10.5 Resilient Technologies
- 10.5.1 Business overview
- 10.5.2 Financial data
- 10.5.3 Product landscape
- 10.5.4 SWOT analysis
- 10.6 Toyo Tires
- 10.6.1 Business overview
- 10.6.2 Financial data
- 10.6.3 Product landscape
- 10.6.4 SWOT analysis
- 10.7 Sumitomo Rubber Industries
- 10.7.1 Business overview
- 10.7.2 Financial data
- 10.7.3 Product landscape
- 10.7.4 Strategic Outlook
- 10.7.5 SWOT analysis
- 10.8 Harris Tires
- 10.8.1 Business overview
- 10.8.2 Financial data
- 10.8.3 Product landscape
- 10.8.4 Strategic outlook
- 10.8.5 SWOT analysis
- 10.9 Amerityre
- 10.9.1 Business overview
- 10.9.2 Financial data
- 10.9.3 Product landscape
- 10.9.4 Strategic outlook
- 10.9.5 SWOT analysis
- 10.10 AG Tannus America LLC
- 10.10.1 7Business overview
- 10.10.2 Financial data
- 10.10.3 Product landscape
- 10.10.4 SWOT analysis