Tire Machinery Market Report 2026

The tire machinery market size has grown steadily in recent years. It will grow from $2.65 billion in 2025 to $2.76 billion in 2026 at a compound annual growth rate (CAGR) of 3.9%. The growth in the historic period can be attributed to expansion of automotive production, growth of global tire demand, investments in large-scale tire plants, availability of rubber processing machinery, adoption of semi-automated systems.

The tire machinery market size is expected to see steady growth in the next few years. It will grow to $3.3 billion in 2030 at a compound annual growth rate (CAGR) of 4.6%. The growth in the forecast period can be attributed to increasing demand for ev-compatible tires, rising investments in advanced manufacturing, expansion of aircraft and agricultural tire production, growing focus on production efficiency, digital integration of factory operations. Major trends in the forecast period include increasing automation of tire manufacturing lines, rising adoption of smart tire building machines, growing use of robotics in tire plants, expansion of radial tire production capacity, enhanced process quality control.

The rising demand for automobiles is expected to drive the growth of the tire machinery market going forward. Automotive manufacturing encompasses the industry involved in designing, building, supplying, and selling automobiles. Automobiles require tires with enhanced durability, strength, and longevity, and tire machinery enables manufacturers to produce these tires more efficiently and with lower investment. For instance, in March 2024, according to Statistics Canada, a Canada-based government agency, there were 1,714,356 new motor vehicle registrations in Canada in 2023, marking a 13.4% increase from 2022. Thus, the rising demand for automobiles is driving the growth of the tire machinery market.

Advancements in the tire machinery market manifest in the development of high-speed tire pressure testing systems, seeking a competitive edge. Tailored equipment such as the high-speed tire pressure testing system specializes in evaluating tire pressure at elevated speeds. For example, in March 2023, Tekscan Inc., a US-based company specializing in pressure and force sensors, introduced the high-speed tirescan. This system accurately measures dynamic contact patch pressure (DCPP) from tires running at speeds up to 265 km/h (165 mph), offering crucial insights for automotive research, quality assurance, manufacturing, and product design.

In April 2024, Continental AG, a Germany-based manufacturer of automotive parts, acquired EMT Púchov s.r.o. for an undisclosed amount. This acquisition allows Continental to complete its internal portfolio of mold-making technologies. EMT Púchov s.r.o. is a Slovakia-based company specializing in the production of custom tire molds, particularly for commercial vehicles and specialty tires.

Major companies operating in the tire machinery market report include Guilin Zhonghao Mechanical & Electrical Equipment Co Ltd., All Well Industry Co Ltd., Larsen & Toubro Limited, Kobe Steel Ltd. (Kobelco), Harburg-Freudenberger Maschinenbau GmbH, MESNAC Co Ltd., Davis Standard LLC, Erhardt+Leimer GmbH, Troester GmbH & Co KG, VMI Holland BV., NFM Welding Engineers Inc., KONŠTRUKTA-TireTech a.s., Bartell Machinery Systems LLC, Farrel Corporation, Shun Cheong Machinery Co Ltd., Pelmar Group, Nakata Engineering Co Ltd., HERBERT Maschinenbau GmbH & Co KG, Jing Day Machinery Industrial Co Ltd., AS Tyre Machines, HF Tire Tech Group, Qingdao Guangyue Rubber Machinery Manufacturing Co Ltd., Slach Hydratecs Equipment Pvt Ltd., Yiyang Rubber & Plastics Machinery Group Co Ltd., Zhangjiagang Carenovo Technology Co Ltd., Nanjing Mixer Industrial Co Ltd., Goldhawk Forming Machinery Co Ltd., Santosh Rubber Machinery Pvt Ltd., Wuxi Double Elephant Rubber & Plastics Machinery Co Ltd.

Asia-Pacific was the largest region in the tire machinery market in 2025. The regions covered in the tire machinery market report include Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the tire machinery market report include Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Taiwan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

The tire machinery market consists of sales of mechanical tire curing presses, hydraulic tire curing presses, and tire-building machines. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

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