Aircraft Tires Market Report 2025

This Aircraft Tires market report covers market characteristics, size & growth, segmentation, regional & country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market’s historic and forecast market growth by geography.

The aircraft tires market size has grown strongly in recent years. It will grow from $1.96 billion in 2024 to $2.05 billion in 2025 at a compound annual growth rate (CAGR) of 5%. The growth in the historic period can be attributed to aircraft fleet expansion, global air travel, runway condition monitoring, military modernization, smart tires,.

The aircraft tires market size is expected to see strong growth in the next few years. It will grow to $2.59 billion in 2029 at a compound annual growth rate (CAGR) of 6%. The growth in the forecast period can be attributed to innovative tire materials, evolving aircraft designs, urban air mobility (uam), sustainable aviation, space tourism and exploration. Major trends in the forecast period include technological advancements, advanced composite materials, high-speed landing gear, tire tread design, noise reduction tires.

The aircraft tires market is experiencing growth due to the escalating number of domestic and international air passengers. The surge in demand for air travel necessitates increased aircraft production, subsequently elevating the usage of aircraft tires. The continuous landings per tire to meet this demand result in frequent wear and tear, further fueling the market. According to the International Civil Aviation Organization (ICAO), global airline passenger numbers are projected to hit 10.5 billion by 2040. Additionally, the Boeing 2020-2039 commercial market outlook indicates that India's domestic air passenger market is expected to double by 2030 from pre-pandemic levels. Consequently, the increasing number of domestic and international air passengers is a driving force behind the growth of the aircraft tires market.

The growth of the aircraft tires market is also influenced by an upsurge in aircraft retirements. As commercial or military aircraft are retired from active service, replacements with newer models become necessary. This cycle triggers the demand for compatible tires for the incoming fleet. For instance, the International Air Transport Association (IATA) reported that over the last 35 years, over 16,000 commercial aircraft have been retired globally, with roughly 700 reaching the end of their operational lifespans each year. Projections from IATA suggest approximately 11,000 aircraft retirements in the coming decade. Therefore, the increasing rate of aircraft retirements is propelling the growth of the aircraft tires market.

Technological advancements are a significant trend gaining traction in the aircraft tires market. Manufacturers of aircraft tires are concentrating on creating tires that offer longer lifespans, greater resistance, and enhanced efficiency. For example, in December 2023, the Changchun Institute of Applied Chemistry of the Chinese Academy of Sciences, along with a China-based aviation tire science center, launched a bionic synthetic rubber aviation tire. These new bionic synthetic rubber tires exhibit over 35% longer service life compared to traditional aviation tires made from natural rubber, especially under extreme working conditions. This technology mimics the molecular structure and essential chemical components of natural rubber, resulting in improved performance characteristics while ensuring sustainability.

The current trend in the aircraft tire industry is the development of new-generation aircraft tires, such as the Air X SKY LIGHT MICHELIN tires, to provide companies with a competitive edge and expand their product portfolio. These next-generation tires typically incorporate cutting-edge materials and technology to offer lighter, more durable solutions capable of withstanding the demands of modern aviation. The advancements aim to make these tires more attractive to airlines and aircraft operators. For instance, in June 2023, Michelin, a France-based tire manufacturer, introduced the Air X SKY LIGHT MICHELIN tire, designed to be lighter and more durable, ensuring enhanced performance while maintaining safety standards. This radial tire model typically weighs 20-30% less than similar bias tires and operates at cooler temperatures. The introduction of these tires is expected to contribute to the aviation industry's efforts to reduce fuel consumption and emissions.

In March 2022, Yokohama Rubber Co. Ltd., a Japan-based tire manufacturer, entered into a share purchase agreement to acquire all outstanding shares in Trelleborg Wheel Systems Holding AB for $2 billion. The acquisition is anticipated to provide Yokohama with an established brand structure and a robust service network, expanding its regional sales network in the original equipment (OE) tire sector. Trelleborg Wheel Systems Holding AB, based in Sweden, specializes in manufacturing tires and wheels for off-highway vehicles, aircraft, and other specific applications.

Major companies operating in the aircraft tires market include Bridgestone Corporation, Michelin Group, The Goodyear Tire & Rubber Company, Dunlop Aircraft Tyres Ltd., Qingdao Sentury Tire Co. Ltd., Wilkerson Company Inc., Desser Tire & Rubber Co. LLC, Specialty Tires of America, Petlas Tire Corporation, Aviation Tires & Treads LLC, Trelleborg AB, China National Tire & Rubber Co., Tost GmbH Flugzeuggeratebau, Compagnie Generale Des Etablissements Michelin, Polymer Enterprises Inc., Maxam Tire North America Inc., Stomil-Poznan SA, Airframes Alaska Co., Condor Flugdienst GmbH, Aero Tyre Trading FZC, Michelin Aircraft Tire Company, Techking Tires Limited, Nokian Tyres plc, Titan International Inc., Jenoptik AG.

Aircraft tires are rubber rings fitted over an aircraft's wheel rim, serving to increase traction, dampen road shocks, and support the aircraft's weight while on the ground. These tires play a crucial role in providing the necessary traction for braking and stopping.

The main types of aircraft tire products include radial tires and bias tires. A radial tire, also known as a radial-ply tire, features cord plies arranged at 90 degrees to the direction of travel, providing a distinct design for enhanced performance. Aircraft tires are utilized across various platforms, including fixed-wing and rotary-wing aircraft. Applications span wide-body aircraft, very large aircraft, regional transport aircraft, and narrow-body aircraft. The aircraft tire market caters to end-users such as Original Equipment Manufacturers (OEMs), retread tires, and replacement tires.

The aircraft tires market research report is one of a series of new reports that provides aircraft tires market statistics, including aircraft tires industry global market size, regional shares, competitors with an market share, detailed aircraft tires market segments, market trends and opportunities, and any further data you may need to thrive in the aircraft tires industry. This aircraft tires market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

North America was the largest region in the aircraft tires market in 2024. Asia-Pacific was the fastest growing market in aircraft tires market. The regions covered in the aircraft tires market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.

The countries covered in the aircraft tires market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.

The aircraft tires market consists of sales of aramid, center rib thread, general aviation, commercial aviation, and small widebody aircrafts. 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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