Solid Tyre Market, By Product Type (Curled on Solid Tyres, Press on Bands, and Super-elastic Tyres), By Geography (North America, Latin America, Europe, Asia Pacific, Middle East & Africa)
Description
The Global Solid Tyre Market is estimated to be valued at USD 509.5 Mn in 2025 and is expected to reach USD 861.9 Mn by 2032, exhibiting a compound annual growth rate (CAGR) of 7.8% from 2025 to 2032. Solid tyres, also known as press-on tyres or cushion tyres, are made entirely of solid rubber or other polymeric materials, without any air-filled cavity. These tyres offer superior resistance to punctures, cuts, and wear, making them useful in harsh operating conditions. The market will continue to see growth due to the expanding construction, mining, and material handling sectors worldwide.
Market Dynamics
The global solid tyre market is influenced by a multitude of factors, including drivers, restraints, and opportunities. One of the primary drivers of the market is the growing demand for material handling equipment, such as forklifts and industrial tractors, in various industries. The expansion of the construction and mining sectors, particularly in emerging economies, is also adding to the adoption of solid tyres. Moreover, the superior durability and low maintenance requirements of solid tyres make them an attractive choice for applications where downtime is costly. However, solid tyres can cost higher compared to pneumatic tyres, and they offer limited speed and load-carrying capacity. This can affect the market growth. Nevertheless, the development of advanced polymeric compounds and the incorporation of smart features, such as embedded sensors for predictive maintenance, will open up new areas of growth that market players should explore.
Key Features of the Study
Market Dynamics
The global solid tyre market is influenced by a multitude of factors, including drivers, restraints, and opportunities. One of the primary drivers of the market is the growing demand for material handling equipment, such as forklifts and industrial tractors, in various industries. The expansion of the construction and mining sectors, particularly in emerging economies, is also adding to the adoption of solid tyres. Moreover, the superior durability and low maintenance requirements of solid tyres make them an attractive choice for applications where downtime is costly. However, solid tyres can cost higher compared to pneumatic tyres, and they offer limited speed and load-carrying capacity. This can affect the market growth. Nevertheless, the development of advanced polymeric compounds and the incorporation of smart features, such as embedded sensors for predictive maintenance, will open up new areas of growth that market players should explore.
Key Features of the Study
- This report provides in-depth analysis of the global solid tyre market, and provides market size (USD Million) and compound annual growth rate (CAGR%) for the forecast period (2025–2032), considering 2024 as the base year
- It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market
- This study also provides key insights about market drivers, restraints, opportunities, new product launches or approvals, market trends, regional outlook, and competitive strategies adopted by key players
- It profiles key players in the global solid tyre market based on the following parameters – company highlights, products portfolio, key highlights, financial performance, and strategies
- Key companies covered as a part of this study include CAMSO, Continental AG, Global Rubber Industries, Nexen Tire, Setco Solid Tire & Rim Assembly, Superior Tire & Rubber Corp., Trelleborg AB, Tube & Solid Tire, TY Cushion Tire, Magna Tyres, Affix Cold Tread Company, Load Star Solid Tyres Pvt. Ltd., IRC Tire, JK Tyre, and Michelin
- Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics
- The global solid tyre market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts
- Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global solid tyre market
- Product Type Insights (Revenue, USD Mn, 2020 - 2032)
- Curled on Solid Tyres
- Press on Bands
- Super-elastic Tyres
- Regional Insights (Revenue, USD Mn, 2020 - 2032)
- North America
- U.S.
- Canada
- Latin America
- Brazil
- Argentina
- Mexico
- Rest of Latin America
- Europe
- Germany
- U.K.
- Spain
- France
- Italy
- Russia
- Rest of Europe
- Asia Pacific
- China
- India
- Japan
- Australia
- South Korea
- ASEAN
- Rest of Asia Pacific
- Middle East
- GCC Countries
- Israel
- Rest of Middle East
- Africa
- South Africa
- North Africa
- Central Africa
- Key Players Insights
- CAMSO
- Continental AG
- Global Rubber Industries
- Nexen Tire
- Setco Solid Tire & Rim Assembly
- Superior Tire & Rubber Corp.
- Trelleborg AB
- Tube & Solid Tire
- TY Cushion Tire
- Magna Tyres
- Affix Cold Tread Company
- Load Star Solid Tyres Pvt. Ltd.
- IRC Tire
- JK Tyre
- Michelin
Table of Contents
160 Pages
- 1. Research Objectives and Assumptions
- Research Objectives
- Assumptions
- Abbreviations
- 2. Market Purview
- Report Description
- Market Definition and Scope
- Executive Summary
- Global Solid Tyre Market, By Product Type
- Global Solid Tyre Market, By Region
- 3. Market Dynamics, Regulations, and Trends Analysis
- Market Dynamics
- Impact Analysis
- Key Highlights
- Regulatory Scenario
- Product Launches/Approvals
- PEST Analysis
- PORTER’s Analysis
- Market Opportunities
- Regulatory Scenario
- Key Developments
- Industry Trends
- 4. Global Solid Tyre Market, By Product Type, 2020-2032, (USD Mn)
- Introduction
- Market Share Analysis, 2025 and 2032 (%)
- Y-o-Y Growth Analysis, 2021 - 2032
- Segment Trends
- Curled on Solid Tyres
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2020-2032, (USD Mn)
- Press on Bands
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2020-2032, (USD Mn)
- Super-elastic Tyres
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2020-2032, (USD Mn)
- 5. Global Solid Tyre Market, By Region, 2020 - 2032, Value (USD Mn)
- Introduction
- Market Share (%) Analysis, 2025, 2028 & 2032, Value (USD Mn)
- Market Y-o-Y Growth Analysis (%), 2021 - 2032, Value (USD Mn)
- Regional Trends
- North America
- Introduction
- Market Size and Forecast, By Product Type, 2020 - 2032, Value (USD Mn)
- Market Size and Forecast, By Country, 2020 - 2032, Value (USD Mn)
- U.S.
- Canada
- Latin America
- Introduction
- Market Size and Forecast, By Product Type, 2020 - 2032, Value (USD Mn)
- Market Size and Forecast, By Country, 2020 - 2032, Value (USD Mn)
- Brazil
- Argentina
- Mexico
- Rest of Latin America
- Europe
- Introduction
- Market Size and Forecast, By Product Type, 2020 - 2032, Value (USD Mn)
- Market Size and Forecast, By Country, 2020 - 2032, Value (USD Mn)
- Germany
- U.K.
- Spain
- France
- Italy
- Russia
- Rest of Europe
- Asia Pacific
- Introduction
- Market Size and Forecast, By Product Type, 2020 - 2032, Value (USD Mn)
- Market Size and Forecast, By Country, 2020 - 2032, Value (USD Mn)
- China
- India
- Japan
- Australia
- South Korea
- ASEAN
- Rest of Asia Pacific
- Middle East
- Introduction
- Market Size and Forecast, By Product Type, 2020 - 2032, Value (USD Mn)
- Market Size and Forecast, By Country, 2020 - 2032, Value (USD Mn)
- GCC Countries
- Israel
- Rest of Middle East
- Africa
- Introduction
- Market Size and Forecast, By Product Type, 2020 - 2032, Value (USD Mn)
- Market Size and Forecast, By Country/Region, 2020 - 2032, Value (USD Mn)
- South Africa
- North Africa
- Central Africa
- 6. Competitive Landscape
- CAMSO
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
- Continental AG
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
- Global Rubber Industries
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
- Nexen Tire
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
- Setco Solid Tire & Rim Assembly
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
- Superior Tire & Rubber Corp.
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
- Trelleborg AB
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
- Tube & Solid Tire
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
- TY Cushion Tire
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
- Magna Tyres
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
- Affix Cold Tread Company
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
- Load Star Solid Tyres Pvt. Ltd.
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
- IRC Tire
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
- JK Tyre
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
- Michelin
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
- 7. Analyst Recommendations
- Wheel of Fortune
- Analyst View
- Coherent Opportunity Map
- 8. References and Research Methodology
- References
- Research Methodology
- About us
- *Browse 32 market data tables and 28 figures on 'Solid Tyre Market' - Global forecast to 2032
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