Airless Tires Market Report 2025

The airless tires market size has grown strongly in recent years. It will grow from $1.21 billion in 2024 to $1.29 billion in 2025 at a compound annual growth rate (CAGR) of 6.2%. The growth in the historic period can be attributed to military applications, mining and industrial use, agricultural machinery, space exploration technology, reliability, and reduced maintenance.

The airless tires market size is expected to see strong growth in the next few years. It will grow to $1.66 billion in 2029 at a compound annual growth rate (CAGR) of 6.4%. The growth in the forecast period can be attributed to government regulations, logistics and material handling, focus on performance enhancement, consumer preference for convenience, and autonomous vehicle development. Major trends in the forecast period include adoption in passenger vehicles, 3d printing and manufacturing, integration in sustainable transport solutions, retail availability and aftermarket demand, and enhanced traction and grip.

The surge in global vehicle production is anticipated to be a significant driver for the expansion of the airless tires market. Vehicle production, encompassing the manufacture of automobiles and light trucks, has witnessed a noteworthy uptick. The adoption of airless tires, known for their superior puncture resistance and reduced maintenance needs, enhances vehicle safety by eliminating the risk of blowouts or flats. Notably, a report from the European Automobile Manufacturers Association in May 2023 highlighted a 5.7% increase in global motor vehicle production in 2022, reaching 85.4 million units compared to 2021. This upswing underscores the pivotal role of escalating vehicle production in propelling the airless tires market.

The growing e-commerce sector is anticipated to drive the growth of the airless tire market in the future. The e-commerce sector refers to the industry involved in the buying and selling of goods and services conducted online. As the e-commerce landscape expands, delivery fleets are in search of improved reliability and cost-effective maintenance, making airless tires - known for their puncture resistance and durability - a valuable solution that enhances overall operational efficiency and meets the evolving demands of the e-commerce sector. For example, according to Oberlo, a Lithuania-based software company, e-commerce sales growth rates are expected to slow between 2023 and 2028, with total sales projected to reach $8.09 trillion by 2028. Therefore, the rising e-commerce sector is driving the growth of the airless tire market.

Leading companies in the airless tire market are concentrating on launching innovative products like airless radial tires, which enhance durability and eliminate the risk of punctures. Airless radial tires are designed without air pressure, featuring a unique structure that provides support and flexibility, thereby improving durability and minimizing the risk of punctures. For example, in September 2022, Michelin, a France-based manufacturing company, introduced the MICHELIN X Tweel airless radial tire specifically for eCargo trikes. The MICHELIN X Tweel airless radial tire has been designed to improve last-mile delivery, offering advantages such as reduced downtime from flat tires and enhanced safety. This cutting-edge tire replaces traditional tire and wheel assemblies, requiring no air pressure while delivering excellent stability and handling characteristics.

Major players in the airless tire market are strategically forging partnerships to conduct trials and assessments of airless tires. Strategic partnerships involve companies capitalizing on each other's strengths and resources for mutual benefits and shared success. A notable instance is the collaboration between Michelin, a prominent tire manufacturer based in France, and DHL, a leading US-based logistics company. Announced in January 2023, the partnership aims to equip approximately 50 DHL Express vans with Michelin UPTIS airless tires for last-mile deliveries in Singapore by the end of 2023. The Michelin UPTIS prototype represents a tire assembly designed for cars and light vans, eliminating the need for compressed air with its puncture-resistant design. By embracing the Michelin UPTIS tire, DHL seeks to enhance fleet efficiency, optimize productivity, and ensure seamless business operations by mitigating concerns related to tire pressure issues and punctures.

In October 2022, Marubeni Corporation, a Japan-based trading company, acquired Galileo Wheel Ltd. for an undisclosed sum. This acquisition is intended to improve Marubeni's product portfolio by incorporating advanced airless tire technology from Galileo Wheel Ltd., responding to the increasing demand for efficient and low-maintenance solutions in agricultural and construction machinery. Galileo Wheel Ltd. is an Israel-based company that specializes in offering structured airless and pneumatic tires.

Major companies operating in the airless tires market include Bridgestone Corporation, The Goodyear Tire & Rubber Company, Continental AG, MICHELIN, Pirelli Tyre S.p.A, Sumitomo Rubber Industries Ltd, Hankook Tire Co. Ltd, Yokohama Tire Corporation, SciTech Industries, Trelleborg AB, Amerityre Corporation, Toyo Tire & Rubber Co. Ltd, GRI Tires, Tannus Ltd, Cooper Tire & Rubber Company, General Motors, Tesla Inc., Apollo Tyres Ltd, Nokian Tyres plc, Kumho Tire Co. Inc., Maxxis International, MRF Limited, Cheng Shin Rubber Ind. Co. Ltd., Falken Tire Corporation, Bridgestone Americas Inc., Uniroyal Engineered Products LLC, Dunlop Tires, Firestone Tire and Rubber Company, Michelin Group, Goodyear Dunlop Tires Europe B.V.

Asia-Pacific was the largest region in the airless tires market in 2024. It is expected to be the fastest-growing region in the forecast period. The regions covered in the airless tires market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the airless tires market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Italy, Spain, Canada.

An airless tire, also recognized as a non-pneumatic tire (NPT), is a tire that doesn't rely on air or require periodic inflation with air or fuel. These tires find application in heavy machinery operating in environments prone to tire punctures, offering a puncture-resistant solution.

The primary classifications of airless tires include radial tires and bias tires. Radial tires are a predominant tire design adopted in many automobiles and equipment due to their superior performance, durability, enhanced fuel efficiency, and safety features. These tires are crafted from various materials such as rubber and plastic, and they cater to diverse vehicles such as military vehicles, commercial and passenger vehicles, all-terrain vehicles, utility vehicles, and two-wheelers. These airless tires are available in a range of rim sizes including those under 15 inches, between 15-20 inches, and over 20 inches. They are typically distributed through original equipment manufacturer (OEM) and aftermarket sales channels.

The airless tires market research report is one of a series of new reports that provides airless tires market statistics, including airless tires industry global market size, regional shares, competitors with a airless tires market share, detailed airless tires market segments, market trends and opportunities, and any further data you may need to thrive in the airless tires industry. This airless 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.

The airless tires market consists of sales of non- radial tires and bias-ply tires. 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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