Automotive Tires Market size was valued at US$ 213.0 billion in 2024 and is projected to reach 316.1 billion by 2031 at a CAGR  of 5.8% from 2025-2031. The market refers to the global industry involved in the design, manufacturing, distribution, and sale of tires for vehicles such as passenger cars, trucks, buses, and two-wheelers. Automotive tires are key components that support vehicle load, absorb shocks from the road surface, and provide traction for braking and steering. The market encompasses a range of tire types including radial, bias, tubeless, and tube-type tires, manufactured from rubber and synthetic materials. It also includes segments based on terrain (on-road/off-road), tire size, seasonal use (summer, winter, all-season), and end-user (OEMs and aftermarket).

The market is experiencing steady growth driven by global vehicle production, rising consumer demand for fuel efficiency, and regulatory pushes for safer, more sustainable mobility. The shift toward electric vehicles (EVs) and intelligent tires with sensors is transforming the landscape, especially in urban centers. Asia-Pacific remains the largest and fastest-growing region due to expanding automotive fleets in countries like China and India. Meanwhile, innovations in smart tire technology, sustainable raw materials, and circular economy practices are emerging as key trends that are reshaping product development and lifecycle management across the industry.

Facts & Figures 

• The European Commission estimates that widespread use of fuel?efficient tyres—with higher rolling resistance grades—could save up to 4 million?tonnes of CO? emissions annually, an environmental benefit equivalent to removing about 1.3?million passenger cars from European roads each year.
• Worldwide, over 2.5 billion tyres are manufactured annually, and global production is expected to exceed 2.6 billion by the mid?2020s—reflecting the massive scale and continuous growth of the tire manufacturing industry.
• EU regulations highlight that tyre rolling resistance accounts for up to 20% of a vehicle’s fuel consumption, underscoring the significant influence of tyre design on energy efficiency and operating costs.

Key Developments

• In May 2025, South Korea's Nexen Tire received the prestigious Red Dot Design Award for its Winguard Sport 3 winter tire. The tire features a V-shaped tread pattern inspired by bird wings, enhancing traction and steering control on snowy roads. Its specially formulated compound maintains flexibility even at low temperatures, offering reliable performance in harsh winter climates. The tire is expected to be launched in Europe during the winter of 2025.
• In January 2025, the global automotive all-season tires market is estimated to grow at a CAGR of about 6.5%. The growth is driven by mergers and acquisitions among vendors and the launch of new lines of all-season tires. However, limitations of all-season tires in extreme summer/winter conditions pose challenges.
• In May 2025, Bridgestone and Michelin tested advanced puncture-free tires, which could significantly aid the development of autonomous vehicles. Bridgestone's air-free tires support a 1-tonne vehicle at 60 km/h, demonstrating significant improvements over older solid tires. These innovations are driven by new computer-enabled structures and materials, enhancing performance at higher speeds and weights.

Automotive Tires Market Segmentation

Based on the Type

• Radial
• Bias

Radial tires are at the forefront and are expected to take the lead in the global automotive tire market thanks to their impressive performance features. These tires are designed with cord plies arranged at a 90-degree angle to the direction of travel, which brings a host of benefits like better fuel efficiency, enhanced road grip, and increased durability. A major reason for their popularity is their longer tread life and superior heat dissipation, making them ideal for both passenger cars and commercial vehicles. Plus, radial tires help lower rolling resistance, which boosts fuel economy—a crucial consideration as fuel prices rise and the world focuses more on environmental sustainability. As car manufacturers strive to create lighter, more fuel-efficient vehicles, radial tires play a key role in improving overall vehicle performance. On top of that, governments in regions like Europe and Asia are enforcing performance and efficiency standards, which is driving up the demand for radial tires in both original equipment manufacturing and replacement markets.

Based on the Application

• Passenger Cars
• LCV
• HCV
• Two-wheelers

Passenger cars are expected to take the lead in the automotive tires market. This growth is fuelled by rapid urbanization, increasing disposable incomes, and a rise in private vehicle ownership, particularly in emerging economies. As cities grow, people are looking for compact, fuel-efficient, and budget-friendly options for personal transportation, which has led to a boost in the production and sales of passenger vehicles around the globe. According to the International Organization of Motor Vehicle Manufacturers (OICA), passenger car production has made up more than 70% of global vehicle output in recent years, solidifying its significant role in tire demand. The factor driving this growth isn’t just the high volume of passenger car sales; it’s also the rising trend of vehicle customization and a culture of maintenance in the aftermarket. Plus, the shift towards electric passenger cars has sparked a new need for specialized tires that offer low rolling resistance and noise reduction. Consequently, tire manufacturers are constantly innovating to keep up with the changing demands of this key and rapidly expanding segment.

Based on the Season Type

• Summer Tire
• Winter Tire
• All-season Tire

All-season tires are anticipated to lead the marketdue to their versatility, cost-effectiveness, and growing consumer preference for year-round performance without the need for seasonal tire changes. These tires are designed to perform well under a wide range of weather conditions, including dry, wet, and light snowy roads, making them especially appealing in regions with moderate climates. A primary driver behind their dominance is the convenience they offer to everyday drivers who prefer a single tire solution rather than switching between summer and winter tires. Additionally, all-season tires reduce the overall cost of tire ownership by eliminating the need for extra sets of wheels and storage. As urban populations grow and commuter habits evolve, automakers and tire manufacturers are increasingly aligning their offerings to this trend. The growing penetration of passenger vehicles in emerging economies, where infrastructure and climate conditions support all-season usage, further boosts the segment’s anticipated market leadership.

Based on the By Rim Size

• Less Than 15 Inches
• 15 to 20 Inches
• More than 20 Inches

The 15 to 20 inches rim size segment is anticipated to lead the automotive tires market, primarily driven by the increasing global demand for SUVs, crossovers, and premium sedans. These vehicle types commonly use tires within this rim size range due to their balance between performance, comfort, and aesthetics. A key driver behind this trend is the consumer shift toward larger, more versatile vehicles that offer enhanced safety, road presence, and off-road capability. Automakers are responding by equipping more models with 16-inch to 18-inch tires as standard, especially in urban and semi-urban markets. Moreover, tires in the 15 to 20-inch range provide a superior grip, better handling, and a smoother ride, making them a preferred choice for both OEMs and aftermarket buyers. As technological advancements continue to evolve tire materials and tread patterns, this rim size category is increasingly viewed as a sweet spot between cost-efficiency and performance, solidifying its market dominance.