ADVANCED TIRES MARKET SIZE AND SHARE ANALYSIS - GROWTH TRENDS AND FORECASTS (2025 - 2032)

Advanced Tires Market, By Tire Type (Radial Tire and Bias Tires), By Vehicle Type (Passenger Vehicles, Commercial Vehicles, Two Wheelers, and Heavy Duty Vehicles), By Size (Up to 17 Inches, 18 to 21 Inches, and Above 21 Inches), By Material (Rubber, Polymer Composites, Textile Fibers, and Others), By Geography (North America, Europe, Asia Pacific, Latin America, Middle East, and Africa)

Published In: 12 Dec, 2025
Code: CMI9066
Pages: 155
Formats: Excel and PDF
Industry: Automotive and Transportation
- Historical Range: 2020 - 2024
- Forecast Period: 2025 - 2032

The global advanced tires market is estimated to be valued at USD 70.40 Bn in 2025 and is expected to reach USD 125 Bn by 2032, exhibiting a compound annual growth rate (CAGR) of 8.5% from 2025 to 2032. The global advanced tires market represents a transformative segment within the automotive industry, characterized by the integration of cutting-edge technologies and innovative materials designed to enhance vehicle performance, safety, and sustainability. Advanced tires encompass a broad spectrum of high-performance products including smart tires embedded with sensors, run-flat tires, airless tires, and eco-friendly variants manufactured using sustainable materials and processes. These technologically sophisticated tire solutions are engineered to address evolving consumer demands for improved fuel efficiency, enhanced safety features, extended durability, and reduced environmental impact.

Market Dynamics

The global advanced tires market is propelled by several key drivers that are reshaping the automotive landscape and consumer preferences. The rapid expansion of the electric vehicle market serves as a primary growth catalyst, as EVs require specialized tires with low rolling resistance to maximize battery efficiency and extend driving range. The increasing adoption of autonomous and semi-autonomous vehicles necessitates advanced tire technologies capable of providing real-time data and enhanced safety features. Growing consumer awareness regarding fuel efficiency and environmental sustainability is driving demand for eco-friendly tire solutions that reduce carbon emissions and incorporate recycled materials.

However, the market faces significant restraints including the substantially higher costs associated with advanced tire manufacturing and development, which limit adoption among price-sensitive consumer segments, particularly in emerging economies where cost remains the primary purchasing factor. The complexity of integrating advanced technologies into traditional tire manufacturing processes poses technical challenges and requires substantial capital investments in new production facilities and equipment, while concerns regarding the reliability and durability of newer technologies create hesitation among conservative consumers and fleet operators.

Key Features of the Study

This report provides in-depth analysis of the global advanced tires market, and provides market size (USD Billion) and compound annual growth rate (CAGR%) for the forecast period (2025–2032), considering 2024 as the base year
It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market
This study also provides key insights about market drivers, restraints, opportunities, new product launches or approvals, market trends, regional outlook, and competitive strategies adopted by key players
It profiles key players in the global advanced tires market based on the following parameters – company highlights, products portfolio, key highlights, financial performance, and strategies
Key companies covered as a part of this study include Bridgestone Corporation, Continental AG, Hankook Tire, Michelin Group, NIRA Dynamics AB, Nokian Tyres, Pirelli, Sumitomo Rubber Industries, Goodyear, Toyo Tire Corporation, Yokohama, Dunlop, Aliner Automotive Equipment, Shandong Juling Group, and Ceat Ltd
Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics
The global advanced tires market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts
Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global advanced tires market

Market Segmentation

Tire Type Insights (Revenue, USD Billion, 2020 - 2032)
- Radial Tire
- Bias Tires
Vehicle Type Insights (Revenue, USD Billion, 2020 - 2032)
- Passenger Vehicles
- Commercial Vehicles
- Two Wheelers
- Heavy Duty Vehicles
Size Insights (Revenue, USD Billion, 2020 - 2032)
- Up to 17 Inches
- 18 to 21 Inches
- Above 21 Inches
Material Insights (Revenue, USD Billion, 2020 - 2032)
- Rubber
- Polymer Composites
- Textile Fibers
- Others
Regional Insights (Revenue, USD, 2020 - 2032)
- North America
  - U.S.
  - Canada
- Latin America
  - Brazil
  - Argentina
  - Mexico
  - Rest of Latin America
- Europe
  - Germany
  - U.K.
  - Spain
  - France
  - Italy
  - Russia
  - Rest of Europe
- Asia Pacific
  - China
  - India
  - Japan
  - Australia
  - South Korea
  - ASEAN
  - Rest of Asia Pacific
- Middle East
  - GCC Countries
  - Israel
  - Rest of Middle East
- Africa
  - South Africa
  - North Africa
  - Central Africa
Key Players Insights
- Bridgestone Corporation
- Continental AG
- Hankook Tire
- Michelin Group
- NIRA Dynamics AB
- Nokian Tyres
- Pirelli
- Sumitomo Rubber Industries
- Goodyear
- Toyo Tire Corporation
- Yokohama
- Dunlop
- Aliner Automotive Equipment
- Shandong Juling Group
- Ceat Ltd

Research Objectives and Assumptions
- Research Objectives
- Assumptions
- Abbreviations
Market Purview
- Report Description
  - Market Definition and Scope
- Executive Summary
  - Global Advanced Tires Market, By Tire Type
  - Global Advanced Tires Market, By Vehicle Type
  - Global Advanced Tires Market, By Size
  - Global Advanced Tires Market, By Material
  - Global Advanced Tires Market, By Region
Market Dynamics, Regulations, and Trends Analysis
- Market Dynamics
- Driver
- Restraint
- Opportunity
- Impact Analysis
- Key Developments
- Regulatory Scenario
- Product Launches/Approvals
- PEST Analysis
- PORTER’s Analysis
- Merger and Acquisition Scenario
- Industry Trends
Global Advanced Tires Market, By Tire Type, 2020-2032, (USD Billion)
- Introduction
  - Market Share Analysis, 2025 and 2032 (%)
  - Y-o-Y Growth Analysis, 2021 - 2032
  - Segment Trends
- Radial Tire
  - Introduction
  - Market Size and Forecast, and Y-o-Y Growth, 2020-2032, (USD Billion)
- Bias Tires
  - Introduction
  - Market Size and Forecast, and Y-o-Y Growth, 2020-2032, (USD Billion)
Global Advanced Tires Market, By Vehicle Type, 2020-2032, (USD Billion)
- Introduction
  - Market Share Analysis, 2025 and 2032 (%)
  - Y-o-Y Growth Analysis, 2021 - 2032
  - Segment Trends
- Passenger Vehicles
  - Introduction
  - Market Size and Forecast, and Y-o-Y Growth, 2020-2032, (USD Billion)
- Commercial Vehicles
  - Introduction
  - Market Size and Forecast, and Y-o-Y Growth, 2020-2032, (USD Billion)
- Two Wheelers
  - Introduction
  - Market Size and Forecast, and Y-o-Y Growth, 2020-2032, (USD Billion)
- Heavy Duty Vehicles
  - Introduction
  - Market Size and Forecast, and Y-o-Y Growth, 2020-2032, (USD Billion)
Global Advanced Tires Market, By Size, 2020-2032, (USD Billion)
- Introduction
  - Market Share Analysis, 2025 and 2032 (%)
  - Y-o-Y Growth Analysis, 2021 - 2032
  - Segment Trends
- Up to 17 Inches
  - Introduction
  - Market Size and Forecast, and Y-o-Y Growth, 2020-2032, (USD Billion)
- 18 to 21 Inches
  - Introduction
  - Market Size and Forecast, and Y-o-Y Growth, 2020-2032, (USD Billion)
- Above 21 Inches
  - Introduction
  - Market Size and Forecast, and Y-o-Y Growth, 2020-2032, (USD Billion)
Global Advanced Tires Market, By Material, 2020-2032, (USD Billion)
- Introduction
  - Market Share Analysis, 2025 and 2032 (%)
  - Y-o-Y Growth Analysis, 2021 - 2032
  - Segment Trends
- Rubber
  - Introduction
  - Market Size and Forecast, and Y-o-Y Growth, 2020-2032, (USD Billion)
- Polymer Composites
  - Introduction
  - Market Size and Forecast, and Y-o-Y Growth, 2020-2032, (USD Billion)
- Textile Fibers
  - Introduction
  - Market Size and Forecast, and Y-o-Y Growth, 2020-2032, (USD Billion)
- Others
  - Introduction
  - Market Size and Forecast, and Y-o-Y Growth, 2020-2032, (USD Billion)
Global Advanced Tires Market, By Region, 2020 - 2032, Value (USD Billion)
- Introduction
  - Market Share (%) Analysis, 2025, 2028 & 2032, Value (USD Billion)
  - Market Y-o-Y Growth Analysis (%), 2021 - 2032, Value (USD Billion)
  - Regional Trends
- North America
  - Introduction
  - Market Size and Forecast, By Tire Type, 2020 - 2032, Value (USD Billion)
  - Market Size and Forecast, By Vehicle Type, 2020 - 2032, Value (USD Billion)
  - Market Size and Forecast, By Size, 2020 - 2032, Value (USD Billion)
  - Market Size and Forecast, By Material, 2020 - 2032, Value (USD Billion)
  - Market Size and Forecast, By Country, 2020 - 2032, Value (USD Billion)
    - U.S.
    - Canada
- Latin America
  - Introduction
  - Market Size and Forecast, By Tire Type, 2020 - 2032, Value (USD Billion)
  - Market Size and Forecast, By Vehicle Type, 2020 - 2032, Value (USD Billion)
  - Market Size and Forecast, By Size, 2020 - 2032, Value (USD Billion)
  - Market Size and Forecast, By Material, 2020 - 2032, Value (USD Billion)
  - Market Size and Forecast, By Country, 2020 - 2032, Value (USD Billion)
    - Brazil
    - Argentina
    - Mexico
    - Rest of Latin America
- Europe
  - Introduction
  - Market Size and Forecast, By Tire Type, 2020 - 2032, Value (USD Billion)
  - Market Size and Forecast, By Vehicle Type, 2020 - 2032, Value (USD Billion)
  - Market Size and Forecast, By Size, 2020 - 2032, Value (USD Billion)
  - Market Size and Forecast, By Material, 2020 - 2032, Value (USD Billion)
  - Market Size and Forecast, By Country, 2020 - 2032, Value (USD Billion)
    - Germany
    - U.K.
    - Spain
    - France
    - Italy
    - Russia
    - Rest of Europe
- Asia Pacific
  - Introduction
  - Market Size and Forecast, By Tire Type, 2020 - 2032, Value (USD Billion)
  - Market Size and Forecast, By Vehicle Type, 2020 - 2032, Value (USD Billion)
  - Market Size and Forecast, By Size, 2020 - 2032, Value (USD Billion)
  - Market Size and Forecast, By Material, 2020 - 2032, Value (USD Billion)
  - Market Size and Forecast, By Country, 2020 - 2032, Value (USD Billion)
    - China
    - India
    - Japan
    - Australia
    - South Korea
    - ASEAN
    - Rest of Asia Pacific
- Middle East
  - Introduction
  - Market Size and Forecast, By Tire Type, 2020 - 2032, Value (USD Billion)
  - Market Size and Forecast, By Vehicle Type, 2020 - 2032, Value (USD Billion)
  - Market Size and Forecast, By Size, 2020 - 2032, Value (USD Billion)
  - Market Size and Forecast, By Material, 2020 - 2032, Value (USD Billion)
  - Market Size and Forecast, By Country, 2020 - 2032, Value (USD Billion)
    - GCC Countries
    - Israel
    - Rest of Middle East
- Africa
  - Introduction
  - Market Size and Forecast, By Tire Type, 2020 - 2032, Value (USD Billion)
  - Market Size and Forecast, By Vehicle Type, 2020 - 2032, Value (USD Billion)
  - Market Size and Forecast, By Size, 2020 - 2032, Value (USD Billion)
  - Market Size and Forecast, By Material, 2020 - 2032, Value (USD Billion)
  - Market Size and Forecast, By Country/Region, 2020 - 2032, Value (USD Billion)
    - South Africa
    - North Africa
    - Central Africa
Competitive Landscape
- Bridgestone Corporation
  - Company Highlights
  - Product Portfolio
  - Key Developments
  - Financial Performance
  - Strategies
- Continental AG
  - Company Highlights
  - Product Portfolio
  - Key Developments
  - Financial Performance
  - Strategies
- Hankook Tire
  - Company Highlights
  - Product Portfolio
  - Key Developments
  - Financial Performance
  - Strategies
- Michelin Group
  - Company Highlights
  - Product Portfolio
  - Key Developments
  - Financial Performance
  - Strategies
- NIRA Dynamics AB
  - Company Highlights
  - Product Portfolio
  - Key Developments
  - Financial Performance
  - Strategies
- Nokian Tyres
  - Company Highlights
  - Product Portfolio
  - Key Developments
  - Financial Performance
  - Strategies
- Pirelli
  - Company Highlights
  - Product Portfolio
  - Key Developments
  - Financial Performance
  - Strategies
- Sumitomo Rubber Industries
  - Company Highlights
  - Product Portfolio
  - Key Developments
  - Financial Performance
  - Strategies
- Goodyear
  - Company Highlights
  - Product Portfolio
  - Key Developments
  - Financial Performance
  - Strategies
- Toyo Tire Corporation
  - Company Highlights
  - Product Portfolio
  - Key Developments
  - Financial Performance
  - Strategies
- Yokohama
  - Company Highlights
  - Product Portfolio
  - Key Developments
  - Financial Performance
  - Strategies
- Dunlop
  - Company Highlights
  - Product Portfolio
  - Key Developments
  - Financial Performance
  - Strategies
- Aliner Automotive Equipment
  - Company Highlights
  - Product Portfolio
  - Key Developments
  - Financial Performance
  - Strategies
- Shandong Juling Group
  - Company Highlights
  - Product Portfolio
  - Key Developments
  - Financial Performance
  - Strategies
- Ceat Ltd
  - Company Highlights
  - Product Portfolio
  - Key Developments
  - Financial Performance
  - Strategies
Analyst Recommendations
- Wheel of Fortune
- Analyst View
- Coherent Opportunity Map
References and Research Methodology
- References
- Research Methodology
- About us

*Browse 32 market data tables and 28 figures on ‘Advanced Tires Market' - Global forecast to 2032

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