Advanced Tires

Global Advanced Tires Market to Reach US$643.5 Million by 2030

The global market for Advanced Tires estimated at US$287.6 Million in the year 2024, is expected to reach US$643.5 Million by 2030, growing at a CAGR of 14.4% over the analysis period 2024-2030. Elastomer, one of the segments analyzed in the report, is expected to record a 12.2% CAGR and reach US$208.7 Million by the end of the analysis period. Growth in the Fillers segment is estimated at 16.8% CAGR over the analysis period.

The U.S. Market is Estimated at US$78.3 Million While China is Forecast to Grow at 18.8% CAGR

The Advanced Tires market in the U.S. is estimated at US$78.3 Million in the year 2024. China, the world`s second largest economy, is forecast to reach a projected market size of US$135.6 Million by the year 2030 trailing a CAGR of 18.8% over the analysis period 2024-2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at a CAGR of 10.8% and 12.7% respectively over the analysis period. Within Europe, Germany is forecast to grow at approximately 11.4% CAGR.

Global Advanced Tires Market – Key Trends & Drivers Summarized

Why Are Advanced Tires Central to the Evolution of Mobility, Safety, and Smart Vehicle Performance?
Advanced tires are engineered to go beyond conventional functions of traction and load-bearing by incorporating intelligent materials, embedded sensors, and adaptive tread technologies. These next-generation tires play a pivotal role in enhancing vehicle safety, performance, and efficiency—particularly in electric vehicles (EVs), autonomous transportation, and connected mobility ecosystems. By enabling real-time feedback on tire pressure, temperature, tread wear, and road conditions, advanced tires are becoming integral to predictive maintenance, vehicle-to-infrastructure (V2I) communication, and automated driving systems.

As the global automotive sector transitions toward electrification, autonomy, and sustainability, tires are being reimagined as smart, active components rather than passive wear parts. Their role in optimizing rolling resistance, improving energy efficiency, and enhancing driving dynamics is turning them into high-value enablers of future-ready vehicle platforms.

How Are Material Innovations and Embedded Technologies Enhancing Tire Functionality and Lifecycle Performance?
Breakthroughs in composite compounds, nano-fillers, and silica-based rubber are driving improvements in rolling resistance, durability, and wet traction without compromising ride comfort. Self-healing materials and airless (non-pneumatic) structures are being explored to eliminate flat tires and reduce maintenance needs. Lightweight construction is also critical in EVs, where lower unsprung mass contributes directly to extended driving range and improved handling.

Embedded sensor technologies are enabling tire pressure monitoring, load distribution analysis, and temperature tracking in real time. When integrated with telematics and onboard vehicle systems, these smart tires support driver assistance functions, fleet management analytics, and early warning systems for tire-related failures. Cloud connectivity and edge computing are also being leveraged to analyze tire health remotely, facilitating proactive service scheduling and optimizing total cost of ownership.

Which Vehicle Segments and Regional Markets Are Driving Adoption of Advanced Tire Technologies?
Electric vehicles, autonomous shuttles, performance cars, and commercial fleet vehicles are at the forefront of advanced tire adoption. EVs, in particular, require low-rolling-resistance tires to conserve energy and often face unique torque and weight distribution challenges that demand customized tire solutions. Logistics and last-mile delivery fleets are also adopting intelligent tires to reduce downtime and improve fuel efficiency or battery usage.

North America and Europe lead in technology deployment, driven by stringent regulatory standards, high EV penetration, and advanced automotive R&D ecosystems. Asia-Pacific—especially China, Japan, and South Korea—is emerging as a volume-driven innovation hub, combining high vehicle production with smart city integration initiatives. In Latin America and the Middle East, commercial fleets and premium vehicles are beginning to introduce smart tire systems to enhance reliability and cost efficiency.

How Are Regulatory Trends, Sustainability Goals, and OEM Collaboration Influencing Market Expansion?
Regulatory frameworks focused on vehicle efficiency, safety, and emissions—such as tire labeling systems, fuel economy standards, and TPMS mandates—are pushing tire manufacturers toward advanced solutions. Sustainability is becoming a major influence, with growing demand for renewable raw materials, recyclable tire architectures, and green manufacturing practices to reduce environmental impact across the product lifecycle.

Collaboration between OEMs, Tier 1 suppliers, and tire manufacturers is intensifying to co-develop tires optimized for new vehicle platforms. This includes tailoring tread patterns, compound properties, and sensor calibration to the dynamics of EVs and autonomous systems. Integrated development cycles are accelerating product innovation while ensuring that tire technologies align with broader vehicle safety, connectivity, and performance goals.

What Are the Factors Driving Growth in the Advanced Tires Market?
The advanced tires market is gaining momentum through the convergence of smart mobility, energy efficiency, and digital integration. Key growth drivers include increasing EV and autonomous vehicle production, heightened safety and maintenance requirements in fleet operations, and consumer demand for performance and reliability. Material science innovation, sensor miniaturization, and cloud-based analytics are reshaping how tires contribute to the overall value proposition of next-generation mobility.

Looking forward, the market’s trajectory will depend on how effectively advanced tire technologies balance performance, durability, cost, and sustainability. As vehicles become increasingly intelligent and interconnected, could advanced tires become the primary interface between mobility innovation and real-world road intelligence?

SCOPE OF STUDY:

The report analyzes the Advanced Tires market in terms of units by the following Segments, and Geographic Regions/Countries:

Segments:
Material (Elastomer, Fillers, Steel, Other Materials); Type (Pneumatic, Run-Flat, Airless); Technology (Self-Inflating, Chip-Embedded, Multichamber, All-In-One, Self-Sealing); Vehicle Type (Light Duty Vehicles, Heavy Duty Vehicle)

Geographic Regions/Countries:
World; United States; Canada; Japan; China; Europe (France; Germany; Italy; United Kingdom; Spain; Russia; and Rest of Europe); Asia-Pacific (Australia; India; South Korea; and Rest of Asia-Pacific); Latin America (Argentina; Brazil; Mexico; and Rest of Latin America); Middle East (Iran; Israel; Saudi Arabia; United Arab Emirates; and Rest of Middle East); and Africa.

Select Competitors (Total 48 Featured) -

• Aeolus Tyre Co., Ltd.
• Apollo Tyres Ltd.
• Balkrishna Industries Limited
• Bridgestone Corporation
• CEAT Limited
• Cheng Shin Rubber Ind. Co. Ltd.
• Continental AG
• Cooper Tire & Rubber Company
• Double Coin Holdings Ltd.
• Giti Tire
• Goodyear Tire & Rubber Company
• Hankook Tire & Technology Co., Ltd.
• JK Tyre & Industries Ltd.
• Kumho Tire Co., Inc.
• Linglong Tire Co., Ltd.
• Maxxis International
• Michelin
• MRF Limited
• Nexen Tire Corporation
• Nokian Tyres plc

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