Global Airless Tire Market Size, Share, Trends, Industry Growth by Product (Radial, Bias), by Material (Rubber, Plastic), by Vehicle, by Sales Channel, by Region, and Forecast to 2028

Price: 3600/- USD | Published Date: May 18, 2022 |

The global airless tire market size is projected to grow at a significant CAGR of over 5% during the forecast period from 2022 to 2028. The increasing adoption of airless tires in all-terrain and military vehicles and the growing adoption of the product in the heavy commercial vehicles are some major factors to drive the market growth. Furthermore, the increasing demand for heavy construction equipment due to the rapid growth in urbanization and globalization has increased the demand for heavy-duty trucks which is expected to fuel the market growth. However, the high cost of manufacturing units, limited performance against friction and suspension, and heat dissipation issues are some factors to restrain the market growth.

Market Insights:

The global airless tire market is bifurcated into the product, material, vehicle type, sales channel, and geography. On the basis of product type, the market is further segmented into radial and bias. The radial tires segment is accounted to grow at the fastest growth rate over the forecast period. The properties associated with the radial tires such as excellent flexibility, higher strength, improved shock absorbent, and superior performance are some major factors to drive the segment growth. Furthermore, the higher preference and lower fuel consumption are some other factors anticipated to increase the demand for airless radial tires over the forecast period.

On the basis of material, the market is segmented into rubber and plastic materials. The plastic segment dominated the global airless tire market in 2021 and is expected to grow at the same trend over the forecast period. The strong preference and easy recyclability of plastic tires are some of the prominent factors driving the segment growth. On the other hand, the rubber segment is accounted to grow at a significant growth rate over the forecast period. The low cost of rubber and high load capacity are some of the primary characteristics of rubber tires which are expected to boost the growth of the segment over the forecast period.

Airless Tire Market Size

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The airless tire comprehensive study analyzes industry trends, market size, competitive analysis, and market forecast – 2022 to 2028. Research Corridor report provides detailed premium insight into the global market and reveals the potential revenue streams, commercial prospects, market drivers, challenges, opportunities, issues, and events affecting the industry. In addition, the report has a dedicated section covering market forecasts and analysis for leading geographies, profiles of major companies operating in the market and expert opinion obtained from interviews with industry executives and experts from prominent companies.

The airless tire market research report presents the analysis of each segment from 2019 to 2028 considering 2020 as the base year for the research. The compounded annual growth rate (CAGR) for each respective segment is calculated for the forecast period from 2021 to 2027.

Historical & Forecast Period

  • 2019-20 – Historical Year
  • 2021 – Base Year
  • 2022-2028 – Forecast Period

Global Airless Tire Market Segmentation:

Airless Tire Market Segmentation by Product:

  • Radial
  • Bias

Airless Tire Market Segmentation by Material:

  • Rubber
  • Plastic

Airless Tire Market Segmentation by Vehicle Type:

  • Military Vehicles
  • Passenger & Commercial Vehicles
  • Terrain Vehicles
  • Utility Vehicles
  • Two-Wheelers

Airless Tire Market Segmentation by Sales Channel:

  • OEM
  • Aftermarket

Airless Tire Market Segmentation by Region:

  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East & Africa

Airless Tire Market: Geographic Coverage

Geographically, the airless tire market report comprises dedicated sections centering on the regional market revenue and trends. The airless tire market has been segmented on the basis of geographic regions into North America, Europe, Asia Pacific, and Rest of the World (RoW). The RoW segment consists of Latin America and the Middle East & Africa. The airless tire market has been extensively analyzed on the basis of various regional factors such as demographics, gross domestic product (GDP), inflation rate, acceptance, and others. Airless tire market estimates have also been provided for the historical years 2018 & 2019 along with forecasts for the period from 2022 – 2028.

Airless Tire Market: Competitive Assessment

Some of the major market players operating in the global airless tire market are Michelin Group, Goodyear Tire & Rubber Co., Continental AG, Hankook Tire & Technology Group, and Bridgestone Corporation. Companies are exploring markets through expansion, new investment, the introduction of new services, and collaboration as their preferred strategies. Players are exploring new geography through expansion and acquisition to gain a competitive advantage through joint synergy.

List of Key Companies:

  • Michelin Group
  • Goodyear Tire & Rubber Co.
  • Continental AG
  • Hankook Tire & Technology Group
  • Bridgestone Corporation
  • Trelleborg AG
  • GRI Tires
  • Amerityre Corporation
  • Tannus Ltd
  • Toyo Tire & Rubber Co. Ltd.

Key Questions Answered by Airless Tire Market Report

  • Global airless tire market forecasts from 2022-2028
  • Regional market forecasts from 2022-2028 covering Asia-Pacific, North America, Europe, Middle East & Africa, and Latin America
  • Country-level forecasts from 2022-2028 covering 15 major countries from the regions as mentioned above
  • Airless tire submarket forecasts from 2022-2028 covering the market by product, by material, by vehicle type, by sales channel, and geography
  • Various industry models such as SWOT analysis, Value Chain Analysis about the market
  • Analysis of the key factors driving and restraining the growth of the global, regional, and country-level airless tire markets from 2022-2028
  • Competitive Landscape and market positioning of top 10 players operating in the market
Table of Content:

1. Preface


1.1. Report Description
1.1.1. Purpose of the Report
1.1.2. Target Audience
1.1.3. USP and Key Offerings
1.2. Research Scope
1.3. Research Methodology
1.3.1. Phase I – Secondary Research
1.3.2. Phase II – Primary Research
1.3.3. Phase III – Expert Panel Review
1.4. Assumptions

 

2. Executive Summary


2.1. Global Airless Tire Market Portraiture
2.2. Global Airless Tire Market, by Product, 2021 (USD Mn)
2.3. Global Airless Tire Market, by Material, 2021 (USD Mn)
2.4. Global Airless Tire Market, by Vehicle Type, 2021 (USD Mn)
2.5. Global Airless Tire Market, by Sales Channel, 2021 (USD Mn)
2.6. Global Airless Tire Market, by Geography, 2021 (USD Mn)

 

3. Global Airless Tire Market Analysis


3.1. Airless Tire Market Overview
3.2. Market Inclination Insights
3.3. Market Dynamics
3.3.1. Drivers
3.3.2. Challenges
3.3.3. Opportunities
3.4. Attractive Investment Proposition
3.5. Competitive Analysis
3.6. Porter’s Five Force Analysis
3.6.1. Bargaining Power of Suppliers
3.6.2. Bargaining Power of Buyers
3.6.3. Threat of New Entrants
3.6.4. Threat of Substitutes
3.6.5. Degree of Competition
3.7. COVID-19 Impact Analysis

 

4. Global Airless Tire Market By Product, 2019 – 2028 (USD Mn)


4.1. Overview
4.2. Radial
4.3. Bias

 

5. Global Airless Tire Market By Material, 2019 – 2028 (USD Mn)


5.1. Overview
5.2. Rubber
5.3. Plastic

 

6. Global Airless Tire Market By Vehicle Type, 2019 – 2028 (USD Mn)


6.1. Overview
6.2. Military Vehicles
6.3. Passenger & Commercial Vehicles
6.4. Terrain Vehicles
6.5. Utility Vehicles
6.6. Two-Wheelers

 

7. Global Airless Tire Market By Sales Channel, 2019 – 2028 (USD Mn)


7.1. Overview
7.2. OEM
7.3. Aftermarket

 

8. North America Airless Tire Market Analysis and Forecast, 2019 – 2028 (USD Mn)


8.1. Overview
8.2. North America Airless Tire Market by Product, (2019-2028 USD Mn)
8.3. North America Airless Tire Market by Material, (2019-2028 USD Mn)
8.4. North America Airless Tire Market by Vehicle Type, (2019-2028 USD Mn)
8.5. North America Airless Tire Market by Sales Channel, (2019-2028 USD Mn)
8.6. North America Airless Tire Market by Country, (2019-2028 USD Mn)
8.6.1. U.S.
8.6.1.1. U.S. Airless Tire Market by Product, (2019-2028 USD Mn)
8.6.1.2. U.S. Airless Tire Market by Material, (2019-2028 USD Mn)
8.6.1.3. U.S. Airless Tire Market by Vehicle Type, (2019-2028 USD Mn)
8.6.1.4. U.S. Airless Tire Market by Sales Channel, (2019-2028 USD Mn)
8.6.2. Canada
8.6.2.1. Canada Airless Tire Market by Product, (2019-2028 USD Mn)
8.6.2.2. Canada Airless Tire Market by Material, (2019-2028 USD Mn)
8.6.2.3. Canada Airless Tire Market by Vehicle Type, (2019-2028 USD Mn)
8.6.2.4. Canada Airless Tire Market by Sales Channel, (2019-2028 USD Mn)

 

9. Europe Airless Tire Market Analysis and Forecast, 2019 – 2028 (USD Mn)


9.1. Overview
9.2. Europe Airless Tire Market by Product, (2019-2028 USD Mn)
9.3. Europe Airless Tire Market by Material, (2019-2028 USD Mn)
9.4. Europe Airless Tire Market by Vehicle Type, (2019-2028 USD Mn)
9.5. Europe Airless Tire Market by Sales Channel, (2019-2028 USD Mn)
9.6. Europe Airless Tire Market by Country, (2019-2028 USD Mn)
9.6.1. Germany
9.6.1.1. Germany Airless Tire Market by Product, (2019-2028 USD Mn)
9.6.1.2. Germany Airless Tire Market by Material, (2019-2028 USD Mn)
9.6.1.3. Germany Airless Tire Market by Vehicle Type, (2019-2028 USD Mn)
9.6.1.4. Germany Airless Tire Market by Sales Channel, (2019-2028 USD Mn)
9.6.2. U.K.
9.6.2.1. U.K. Airless Tire Market by Product, (2019-2028 USD Mn)
9.6.2.2. U.K. Airless Tire Market by Material, (2019-2028 USD Mn)
9.6.2.3. U.K. Airless Tire Market by Vehicle Type, (2019-2028 USD Mn)
9.6.2.4. U.K. Airless Tire Market by Sales Channel, (2019-2028 USD Mn)
9.6.3. France
9.6.3.1. France Airless Tire Market by Product, (2019-2028 USD Mn)
9.6.3.2. France Airless Tire Market by Material, (2019-2028 USD Mn)
9.6.3.3. France Airless Tire Market by Vehicle Type, (2019-2028 USD Mn)
9.6.3.4. France Airless Tire Market by Sales Channel, (2019-2028 USD Mn)
9.6.4. Italy
9.6.4.1. Italy Airless Tire Market by Product, (2019-2028 USD Mn)
9.6.4.2. Italy Airless Tire Market by Material, (2019-2028 USD Mn)
9.6.4.3. Italy Airless Tire Market by Vehicle Type, (2019-2028 USD Mn)
9.6.4.4. Italy Airless Tire Market by Sales Channel, (2019-2028 USD Mn)
9.6.5. Rest of Europe
9.6.5.1. Rest of Europe Airless Tire Market by Product, (2019-2028 USD Mn)
9.6.5.2. Rest of Europe Airless Tire Market by Material, (2019-2028 USD Mn)
9.6.5.3. Rest of Europe Airless Tire Market by Vehicle Type, (2019-2028 USD Mn)
9.6.5.4. Rest of Europe Airless Tire Market by Sales Channel, (2019-2028 USD Mn)

 

10. Asia Pacific Airless Tire Market Analysis and Forecast, 2019 – 2028 (USD Mn)


10.1. Overview
10.2. Asia Pacific Airless Tire Market by Product, (2019-2028 USD Mn)
10.3. Asia Pacific Airless Tire Market by Material, (2019-2028 USD Mn)
10.4. Asia Pacific Airless Tire Market by Vehicle Type, (2019-2028 USD Mn)
10.5. Asia Pacific Airless Tire Market by Sales Channel, (2019-2028 USD Mn)
10.6. Asia Pacific Airless Tire Market by Country, (2019-2028 USD Mn)
10.6.1. China
10.6.1.1. China Airless Tire Market by Product, (2019-2028 USD Mn)
10.6.1.2. China Airless Tire Market by Material, (2019-2028 USD Mn)
10.6.1.3. China Airless Tire Market by Vehicle Type, (2019-2028 USD Mn)
10.6.1.4. China Airless Tire Market by Sales Channel, (2019-2028 USD Mn)
10.6.2. Japan
10.6.2.1. Japan Airless Tire Market by Product, (2019-2028 USD Mn)
10.6.2.2. Japan Airless Tire Market by Material, (2019-2028 USD Mn)
10.6.2.3. Japan Airless Tire Market by Vehicle Type, (2019-2028 USD Mn)
10.6.2.4. Japan Airless Tire Market by Sales Channel, (2019-2028 USD Mn)
10.6.3. India
10.6.3.1. India Airless Tire Market by Product, (2019-2028 USD Mn)
10.6.3.2. India Airless Tire Market by Material, (2019-2028 USD Mn)
10.6.3.3. India Airless Tire Market by Vehicle Type, (2019-2028 USD Mn)
10.6.3.4. India Airless Tire Market by Sales Channel, (2019-2028 USD Mn)
10.6.4. Rest of Asia Pacific
10.6.4.1. Rest of Asia Pacific Airless Tire Market by Product, (2019-2028 USD Mn)
10.6.4.2. Rest of Asia Pacific Airless Tire Market by Material, (2019-2028 USD Mn)
10.6.4.3. Rest of Asia Pacific Airless Tire Market by Vehicle Type, (2019-2028 USD Mn)
10.6.4.4. Rest of Asia Pacific Airless Tire Market by Sales Channel, (2019-2028 USD Mn)

 

11. Latin America (LATAM) Airless Tire Market Analysis and Forecast, 2019 – 2028 (USD Mn)


11.1. Overview
11.2. Latin America Airless Tire Market by Product, (2019-2028 USD Mn)
11.3. Latin America Airless Tire Market by Material, (2019-2028 USD Mn)
11.4. Latin America Airless Tire Market by Vehicle Type, (2019-2028 USD Mn)
11.5. Latin America Airless Tire Market by Sales Channel, (2019-2028 USD Mn)
11.6. Latin America Airless Tire Market by Country, (2019-2028 USD Mn)
11.6.1. Brazil
11.6.1.1. Brazil Airless Tire Market by Product, (2019-2028 USD Mn)
11.6.1.2. Brazil Airless Tire Market by Material, (2019-2028 USD Mn)
11.6.1.3. Brazil Airless Tire Market by Vehicle Type, (2019-2028 USD Mn)
11.6.1.4. Brazil Airless Tire Market by Sales Channel, (2019-2028 USD Mn)
11.6.2. Mexico
11.6.2.1. Mexico Airless Tire Market by Product, (2019-2028 USD Mn)
11.6.2.2. Mexico Airless Tire Market by Material, (2019-2028 USD Mn)
11.6.2.3. Mexico Airless Tire Market by Vehicle Type, (2019-2028 USD Mn)
11.6.2.4. Mexico Airless Tire Market by Sales Channel, (2019-2028 USD Mn)
11.6.3. Rest of Latin America
11.6.3.1. Rest of Latin America Airless Tire Market by Product, (2019-2028 USD Mn)
11.6.3.2. Rest of Latin America Airless Tire Market by Material, (2019-2028 USD Mn)
11.6.3.3. Rest of Latin America Airless Tire Market by Vehicle Type, (2019-2028 USD Mn)
11.6.3.4. Rest of Latin America Airless Tire Market by Sales Channel, (2019-2028 USD Mn)

 

12. Middle East and Africa Airless Tire Market Analysis and Forecast, 2019 – 2028 (USD Mn)


12.1. Overview
12.2. MEA Airless Tire Market by Product, (2019-2028 USD Mn)
12.3. MEA Airless Tire Market by Material, (2019-2028 USD Mn)
12.4. MEA Airless Tire Market by Vehicle Type, (2019-2028 USD Mn)
12.5. MEA Airless Tire Market by Sales Channel, (2019-2028 USD Mn)
12.6. Middle East and Africa Airless Tire Market, by Country, (2019-2028 USD Mn)
12.6.1. GCC
12.6.1.1. GCC Airless Tire Market by Product, (2019-2028 USD Mn)
12.6.1.2. GCC Airless Tire Market by Material, (2019-2028 USD Mn)
12.6.1.3. GCC Airless Tire Market by Vehicle Type, (2019-2028 USD Mn)
12.6.1.4. GCC Airless Tire Market by Sales Channel, (2019-2028 USD Mn)
12.6.2. South Africa
12.6.2.1. South Africa Airless Tire Market by Product, (2019-2028 USD Mn)
12.6.2.2. South Africa Airless Tire Market by Material, (2019-2028 USD Mn)
12.6.2.3. South Africa Airless Tire Market by Vehicle Type, (2019-2028 USD Mn)
12.6.2.4. South Africa Airless Tire Market by Sales Channel, (2019-2028 USD Mn)
12.6.3. Rest of MEA
12.6.3.1. Rest of MEA Airless Tire Market by Product, (2019-2028 USD Mn)
12.6.3.2. Rest of MEA Airless Tire Market by Material, (2019-2028 USD Mn)
12.6.3.3. Rest of MEA Airless Tire Market by Vehicle Type, (2019-2028 USD Mn)
12.6.3.4. Rest of MEA Airless Tire Market by Sales Channel, (2019-2028 USD Mn)

 

13. Company Profiles


13.1. Michelin Group
13.1.1. Business Description
13.1.2. Financial Health and Budget Allocation
13.1.3. Product Positions/Portfolio
13.1.4. Recent Development
13.1.5. SWOT Analysis
13.2. Goodyear Tire & Rubber Co.
13.2.1. Business Description
13.2.2. Financial Health and Budget Allocation
13.2.3. Product Positions/Portfolio
13.2.4. Recent Development
13.2.5. SWOT Analysis
13.3. Continental AG
13.3.1. Business Description
13.3.2. Financial Health and Budget Allocation
13.3.3. Product Positions/Portfolio
13.3.4. Recent Development
13.3.5. SWOT Analysis
13.4. Hankook Tire & Technology Group
13.4.1. Business Description
13.4.2. Financial Health and Budget Allocation
13.4.3. Product Positions/Portfolio
13.4.4. Recent Development
13.4.5. SWOT Analysis
13.5. Bridgestone Corporation
13.5.1. Business Description
13.5.2. Financial Health and Budget Allocation
13.5.3. Product Positions/Portfolio
13.5.4. Recent Development
13.5.5. SWOT Analysis
13.6. Trelleborg AG
13.6.1. Business Description
13.6.2. Financial Health and Budget Allocation
13.6.3. Product Positions/Portfolio
13.6.4. Recent Development
13.6.5. SWOT Analysis
13.7. GRI Tires
13.7.1. Business Description
13.7.2. Financial Health and Budget Allocation
13.7.3. Product Positions/Portfolio
13.7.4. Recent Development
13.7.5. SWOT Analysis
13.8. Amerityre Corporation
13.8.1. Business Description
13.8.2. Financial Health and Budget Allocation
13.8.3. Product Positions/Portfolio
13.8.4. Recent Development
13.8.5. SWOT Analysis
13.9. Tannus Ltd.
13.9.1. Business Description
13.9.2. Financial Health and Budget Allocation
13.9.3. Product Positions/Portfolio
13.9.4. Recent Development
13.9.5. SWOT Analysis
13.10. Toyo Tire & Rubber Co. Ltd.
13.10.1. Business Description
13.10.2. Financial Health and Budget Allocation
13.10.3. Product Positions/Portfolio
13.10.4. Recent Development
13.10.5. SWOT Analysis
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