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Tubeless Tire Market Size & Share, by Type (Radical, Bias); Vehicle Type (Two Wheelers, Passenger Cars, Commercial Vehicles); Technology (Standard, Powered, Heated); Distribution Channel (Original Equipment Manufacturer (OEM), Aftermarket) - Global Supply & Demand Analysis, Growth Forecasts, Statistics Report 2025-2037

  • Report ID: 277
  • Published Date: Dec 23, 2024
  • Report Format: PDF, PPT

Global Market Size, Forecast, and Trend Highlights Over 2025-2037

Tubeless Tire Market size was valued at USD 185.14 billion in 2024 and is set to exceed USD 409.67 billion by 2037, registering over 6.3% CAGR during the forecast period i.e., between 2025-2037. In the year 2025, the industry size of tubeless tire is evaluated at USD 195.05 billion.

The prominent decline of flat tires and repair facilities, increased raise of two-wheelers, high safety, and reliability, increased production of vehicles, and increased accidents are estimated to boost the tubeless tire market growth during the forecast period. Most of the fitness centres in the United States are closed temporarily during COVID-19, so many Americans started cycling outdoors to stay physically active. This boosted the growth of bike sales and lead to a shortage of bikes. U.S manufacturers shipped USD 300 million of bicycles and USD 780 million of bike parts in 2019.

The ride comfort and advantage to use under low air pressure are major factors that contribute to the growth of the global tubeless tire market size. The rise of two-wheelers, increase in the cost of spare parts, and increase in disposable income is estimated to drive the growth of the market. The disposable personal income in June 2022 was USD 110 billion, increased from 0.5% to 0.6% compared to the previous month.

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Tubeless Tire Sector: Growth Drivers and Challenges

Growth Drivers

  • Increased Safety and Reliability of Tubeless Tires– According to the data by the World Health Organization, between 20 and 50 million more people suffer non-fatal injuries in road accidents. Tires are the only contacts that are responsible for grip, balance, and traffic safety. The tubeless tires with liquid sealant across the ribs are useful to hold the desired air pressure levels. The improved technology has made the tires detect or monitor the interaction with the road and inform the driver about altering the road surface. The tubeless tires provide you time to handle the situation of puncture before an incident happens. The tubeless tire doesn’t get flat immediately after puncture as the other tires.
     
  • Rise of Expenditure on Vehicle Maintenance – The expenditure on maintaining a vehicle raised to more than USD 2,000 in 2019 from 1000 in 1997 i.e., about 85% with a 3% growth per year.
     
  • Growing Import and Export of Tires- Developing countries like China, Vietnam, Thailand and India are the top exporters of rubber tubes and tires. According to the International Trade Center, in 2021, the total export value of tires of rubber amounted to USD 2,652,628.
     
  • Growing Demand for Electric Vehicles– Electric vehicles, including the newly introduced electric bikes, are trending in the market. The sales share of new electric cars grew from 1% in 2015 to 14% in 2020.
     
  • Improved Fuel Efficiency provided by Tubeless Tires–Properly inflated tires help to conserve fuel, by lowering fuel consumption of the vehicle. It is estimated that use of tubeless tires will decrease fuel consumption by 0.2% for four tires for one pound of pressure decrease. Even milage can be increased by an average of 0.6% up to 3%.

Challenges

  • High Prices of Raw Materials –The cost of natural rubber increased by 6% and synthetic rubber increased by more than 25% in 2021.
  • Shortage of Labor in Developed Countries
  • Stringent Regulations on Use of Rubber in Some Countries

Tubeless Tire Market: Key Insights

Base Year

2024

Forecast Year

2025-2037

CAGR

6.3%

Base Year Market Size (2024)

USD 185.14 billion

Forecast Year Market Size (2037)

USD 409.67 billion

Regional Scope

  • North America (U.S., and Canada)
  • Asia Pacific (Japan, China, India, Indonesia, Malaysia, Australia, South Korea, Rest of Asia Pacific)
  • Europe (UK, Germany, France, Italy, Spain, Russia, NORDIC, Rest of Europe)
  • Latin America (Mexico, Argentina, Brazil, Rest of Latin America)
  • Middle East and Africa (Israel, GCC North Africa, South Africa, Rest of the Middle East and Africa)
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Tubeless Tire Segmentation

The global tubeless tire market is segmented and analysed for demand and supply by vehicle type into two wheelers, passenger cars, and commercial vehicles. Out of which passenger car segment is accounted for is anticipated to hold the largest market size by the end of 2037.  Globally, the passenger car sales raised 4% that is, 20 million units in 2021. Sales of passenger cars in China raised 170% with 3 million new energy passenger cars in 2021 which is estimated to boost the growth of the tubeless tire market size and trends during the forecast period.

Our in-depth analysis of the global tubeless tire market includes the following segments

By Type
  • Radical
  • Bias

By Vehicle Type
  • Two Wheelers
  • Passenger Cars
  • Commercial Vehicles

By Technology
  • Standard
  • Powered
  • Heated

By Distribution Channel
  • Original Equipment Manufacturer (OEM)
  • Aftermarket

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Tubeless Tire Industry - Regional Synopsis

APAC Market Statistics

 Asia Pacific industry is predicted to hold largest revenue share by 2037, owing to growth of automotive sector in the region, owing to growth of automotive sector in the region. The sales of passenger cars in the Asia Pacific and Middle East were estimated to be 33 million cars in 2021 with 20 million cars from China.

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Companies Dominating the Tubeless Tire Landscape

    • The Goodyear Tyre & Rubber Company
      • Company Overview
      • Business Strategy
      • Key Product Offerings
      • Financial Performance
      • Key Performance Indicators
      • Risk Analysis
      • Recent Development
      • Regional Presence
      • SWOT Analysis
    • Bridgestone Corporation
    • Continental AG
    • MICHELIN Group
    • MRF (Madras Rubber Factory)
    • Pirelli Tyre & C.S.p.A
    • Copper Tire & Rubber Company
    • CEAT Ltd.
    • Yokohama Tire Corporation
    • Toyo Tire Corporation

In the News

  • The Goodyear Tire & Rubber Company set a goal to create 100% sustainable tire material. To achieve the goal, they started a demonstration tire of 70% sustainable material with three carbon blacks, unique silica, and soyabean oil.
  • Yokohama Tire Corporation launched a new tubeless version of Alliance 643 and 644. These tires eliminate the challenges of normal tires and increase the durability of side walls with an inbuilt rim guard and reinforced hexagonal bead bundle.

Author Credits:  Saima Khursheed


  • Report ID: 277
  • Published Date: Dec 23, 2024
  • Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

In the year 2025, the industry size of tubeless tire is evaluated at USD 195.05 billion.

Tubeless Tire Market size was valued at USD 185.14 billion in 2024 and is set to exceed USD 409.67 billion by 2037, registering over 6.3% CAGR during the forecast period i.e., between 2025-2037.

Asia Pacific industry is predicted to hold largest revenue share by 2037, owing to growth of automotive sector in the region.

The major players in the market are The Goodyear Tyre & Rubber Company, Bridgestone Corporation, Continental AG, MICHELIN, MRF (Madras Rubber Factory), Pirelli Tyre & C.S.p.A, Copper Tire & Rubber Company, CEAT Ltd., Yokohama Tire Corporation, Toyo Tire Corporation.

Automotive Tubeless Tire Market Report Scope

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