Construction Tire Market Report 2026

The construction tire market size has grown strongly in recent years. It will grow from $1.76 billion in 2025 to $1.85 billion in 2026 at a compound annual growth rate (CAGR) of 5.1%. The growth in the historic period can be attributed to expansion of construction and mining activities, increased deployment of heavy construction equipment, rising infrastructure development projects, growth in aftermarket tire replacement demand, wider availability of specialized construction tires.

The construction tire market size is expected to see steady growth in the next few years. It will grow to $2.23 billion in 2030 at a compound annual growth rate (CAGR) of 4.8%. The growth in the forecast period can be attributed to growing demand for durable tires in harsh environments, rising focus on fuel-efficient construction equipment, expansion of electric construction machinery adoption, increasing investments in advanced tire materials, growing preference for low-maintenance tire solutions. Major trends in the forecast period include increasing demand for high-traction construction tires, rising adoption of radial and all-terrain tires, growing focus on extended tire lifespan, expansion of solid and non-pneumatic tire usage, enhanced focus on load-bearing performance.

The growing number of smart city projects worldwide is expected to drive the growth of the construction tire market in the coming years. Smart cities are defined as administrative regions that utilize information and communication technology (ICT) to improve operational efficiency and deliver enhanced infrastructure to residents. Construction tires, including rough tire shreds and smart tires, are used in landfill applications as well as in smart city development projects, supporting the construction of smart buildings. For example, in April 2023, according to the Smart City Index Report published by IMD Business School, a Switzerland-based business school, the number of smart cities rose by 16.3%, increasing from 118 cities in 2021 to 141 cities in 2023. Therefore, the rising number of smart city projects across the globe is fueling the construction tire market.

Major companies operating in the market are introducing construction tires designed specifically for aerial work platforms to maintain their competitive position. Construction tires for aerial work platforms are specialized heavy-duty rubber tires developed to provide stability, durability, and optimal traction for elevated construction equipment such as boom lifts and scissor lifts. For instance, in June 2023, MAXAM Tire, a US-based construction tire manufacturer, launched the MS925 LIFTXTRA tire tailored for aerial work platforms. The tire is engineered with a strong square shoulder profile and a wide footprint to deliver superior strength and stability. Its sturdy square shoulder design and broad footprint ensure maximum performance even under heavy loads, while the self-cleaning R4 tread pattern with deep lug grooves improves handling. Additionally, the extra-thick sidewall enhances durability by offering protection against cuts and damage.

In February 2024, Titan International, Inc., a US-based manufacturing company, acquired Carlstar Group LLC for an undisclosed amount. This acquisition is intended to strengthen and diversify Titan International’s product portfolio and distribution network, positioning the company as a comprehensive supplier in the specialty wheel and tire market. Carlstar Group LLC is a US-based manufacturer specializing in the production of specialty tires and wheels.

Major companies operating in the construction tire market are Bridgestone Corporation, Apollo Tyres Ltd., China National Tire & Rubber Co. Ltd., CEAT Ltd., Cooper Tire & Rubber Company, Continental AG, Hangzhou Zhongce Rubber Co. Ltd., Giti Tire, Kumho Tire Co.Inc., Hankook Tire & Technology Co. Ltd., Nexen Tire Corporation, Michelin, Pirelli & C. S.p.A., Nokian Tyres Plc., Sumitomo Rubber Industries Ltd., Qingdao Fullrun Tyre Corp. Ltd., Balkrishna Industries Limited, Double Coin Tyre Group Ltd., Prometeon Tyre Group S.R.L., The Goodyear Tire & Rubber Company, Titan International Inc., Trelleborg AB, Triangle Group Co. Ltd., Yokohama Tire Corporation, Otani Tire Co. Ltd., Linglong Tire Co. Ltd., Guizhou Tyre Co. Ltd., Shandong Linglong Tire Co. Ltd., Sailun Group Co. Ltd., Kenda Rubber Industrial Co. Ltd., Techking Tires Ltd., Birla Tyres.

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

The construction tire market consists of sales of diagonal tires, dump truck tires, and belted-bias tiers. 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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