Global Aircraft Tires Market 2025-2035

Aircraft Tires Market Size, Share & Trends Analysis Report by Type (Radial-ply Tires and Bias-ply Tires), by Aircraft Type (Commercial Aviation, Military Aviation, and Business and General Aviation), by Platform (Fixed-wing aircraft, Rotary-wing aircraft), and by End User (OEMs, Replacement, and Retreading), Forecast Period (2025-2035)

Industry Overview

Aircraft tires market valued at $2,780 million in 2024, is projected to grow to $4,645 million with a CAGR of 4.8% during the forecast period (2025–2035). The demand for aircraft tires is propelled by growing air passenger traffic, fleet modernization initiatives, and expanding defense expenditures globally. Aircraft tires are paramount to safe landings, takeoffs, and taxiing, with demand being supported by technological improvements in radial-ply tire technology, light materials, and sustainability programs. For instance, the Federal Aviation Administration (FAA) noted a 7% year-over-year growth in global air passenger traffic in 2023, directly impacting tire replacement cycles that will support the aircraft tires market growth.

Market Dynamics

Increasing Demand for Fuel-Efficient Aircraft Tires

Airlines and manufacturers emphasize fuel efficiency to comply with strict emissions standards. Radial-ply tires are widely used, which lower rolling resistance by 15–20% over bias-ply tires, as fuel-efficient tires, can reduce the amount of fuel used by aircraft, saving airlines money and reducing emissions. For instance, Airbus A350 and Boeing 787 aircraft employ Michelin's Air X radial tires, which improve fuel economy and longevity. Additionally, in February 2024, the Federal Aviation Administration (FAA) released a rule to reduce carbon pollution emitted by most large airplanes flying in US airspace by requiring the incorporation of improved fuel-efficient technologies for airplanes manufactured after January 2028 that will further propel the market demand of fuel-efficient aircraft tires.

Rising Demand for Aircraft Tires Due to Air Traffic Growth

The increasing global air traffic is owed to factors such as a surge in global air passenger traffic, expansion of commercial aircraft fleets, cargo air traffic growth, and military aviation modernization are significant driving factors for the increasing demand for aircraft tires. For instance, the International Air Transport Association (IATA) announced that worldwide air passenger traffic grew 36.9% compared to last year during 2023 to stand at 94.1% of the pre-pandemic level of 2019. In 2024, traffic is expected to be up 4.5% over the pre-pandemic levels. Additionally, the Federal Aviation Administration (FAA) projects US commercial airplane operations to increase 2.4% per year from 2023 through 2043, with 1.26 billion passenger enplanements in 2043 (from 853 million in 2023). Further, as per the US Department of Defense, a $61.1 billion investment was allocated for air power to continue developing, modernizing, and procuring lethal air forces, such as the F-22, F-35, F-15EX; the B-21 bomber, KC-46A; specialized support aircraft, and unmanned aircraft systems that require specialized tires for rough terrains and high loads. Increased sortie rates in training/exercises drive replacement demand.

Market Segmentation

• Based on the type, the market is segmented into radial-ply tires and bias-ply tires.
• Based on the aircraft type, the market is segmented into commercial aviation, military aviation, and business and general aviation.
• Based on the end-user, the market is segmented into OEMs, replacement, and retreading.

Commercial Segment of the Global Aircraft Tires Market to Witness a Substantial Growth

Amongst the aircraft types, the commercial aircraft segment is expected to hold the most lucrative share of the market over the forecast period. The commercial aircraft segment further includes wide-body aircraft, narrow-body aircraft, and regional transport aircraft. The key aspect that drives the segmental growth of the market is the sharp rise in air passengers in recent years along with the expansion of airlines and the introduction of new routes to increase the market dominance of the key players. Hence, this has generated the demand for novel commercial aircraft which in turn will create a scope for the growth of the aircraft tires market over the forecast period.

Regional Outlook

The global aircraft tires market is further divided by region, including North America (the US and Canada), Europe (the UK, Germany, France, Italy, Spain, Russia, and the Rest of Europe), Asia-Pacific (India, China, Japan, South Korea, Australia and New Zealand, ASEAN Countries, and the Rest of Asia-Pacific), and the Rest of the World (the Middle East & Africa, and Latin America).

Asia-Pacific is Expected to Significantly Contribute to the Growth of the Aircraft Tires Market

The regional growth of the market is attributed to the rapid expansion of the airlines in the key economies of the region, such as China and India. There has been the introduction of various airports in the region, and the key aircraft manufacturing companies are also continuously focusing on their expansion in emerging economies, which creates a potential market in the region. Additionally, growing tourism in countries such as India, China, Thailand, Malaysia, and Singapore is also likely to contribute to market growth, as there has been an increased air passenger traffic. For instance, as per The International Air Transport Association (IATA), Asia-Pacific carriers reported a 26.0% increase in full-year international 2024 traffic over 2023, the highest rate of growth in every year among the regions. Capacity increased 24.7% and load factor grew 0.8% points to 83.8%. Growth opportunity is high, however, since international RPKs are still 8.7% below 2019. Traffic in December 2024 increased by 17.1% from December 2023.

Market Players Outlook

The major companies operating in the global aircraft tires market include Bridgestone Corporation, Dunlop Aircraft Tyres Limited, Goodyear Tire & Rubber Company, Michelin Group, and Specialty Tires of America, Inc., among others. Market players are leveraging partnerships, collaborations, mergers, and acquisition strategies for business expansion and innovative product development to maintain their market positioning.

Recent Developments

• In October 2023, MICHELIN Aircraft Tire was awarded for the category “Sustainability. Michelin Group’s societal responsibility is embodied by its sustainable development and mobility strategy. It aims to make Michelin one of the most innovative, responsible, and high-performing companies across all of its responsibilities: economic, environmental, social, and societal.
• In April 2022, Goodyear Tire and Rubber Co., (US) joined a multi-million-dollar program with the US Department of Defense, the Air Force Research Lab, and BioMADE to research and develop based on an alternative source of natural rubber as raw material for the production of aircraft tires. This initiative has a target to alleviate the dependence of the US on imports of foreign natural rubber.

The Report Covers

• Market value data analysis of 2024 and forecast to 2035.
• Annualized market revenues ($ million) for each market segment.
• Country-wise analysis of major geographical regions.
• Key companies operating in the global aircraft tires market. Based on the availability of data, information related to new products and relevant news is also available in the report.
• Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.
• Analysis of market-entry and market expansion strategies.
• Competitive strategies by identifying ‘who-stands-where’ in the market.