Aircraft Tires Market
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.
Aircraft Tires Market Share by Aircraft Type, 2024
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.
Worldwide Air Passenger Market in Detail – 2024
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.
1. Report Summary
• Current Industry Analysis and Growth Potential Outlook
• Global Aircraft Tires Market Sales Analysis – Type | Aircraft Type | Platform | End-User ($ Million)
• Aircraft Tires Market Sales Performance of Top Countries
1.1. Research Methodology
• Primary Research Approach
• Secondary Research Approach
1.2. Market Snapshot
2. Market Overview and Insights
2.1. Scope of the Study
2.2. Analyst Insight & Current Market Trends
2.2.1. Key Aircraft Tire Trends
2.2.2. Market Recommendations
3. Market Determinants
3.1. Market Drivers
3.1.1. Drivers For Global Aircra ft Tires Market: Impact Analysis
3.2. Market Pain Points and Challe nges
3.2.1. Restraints For Global Aircr aft Tires Market: Impact Analysis
3.3. Market Opportunities
3.3.1. Opportunities For Global Aircraft Tires Market: Impact Analysis
4. Competitive Landscape
4.1. Competitive Dashboard – Aircraft Tires Market Revenue and Share by Manufacturers
• Aircraft Tires Product Co mparison Analysis
• Top Market Player Ranki ng Matrix
4.2. Key Company Analysis
4.2.1. Bridgestone Corpo ration
4.2.1.1. Overview
4.2.1.2. Product Portfolio
4.2.1.3. Financial Analysis (Subject to Data Availability)
4.2.1.4. SWOT Analysis
4.2.1.5. Business Strategy
4.2.2. Dunlop Aircraft Tyres Limited
4.2.2.1. Overview
4.2.2.2. Product Portfolio
4.2.2.3. Financial Analysis (Subject to Data Availability)
4.2.2.4. SWOT Analysis
4.2.2.5. Business Strategy
4.2.3. Goodyear Tire & Rubber Company
4.2.3.1. Overview
4.2.3.2. Product Portfolio
4.2.3.3. Financial Analysis (Subject to Data Availability)
4.2.3.4. SWOT Analysis
4.2.3.5. Business Strategy
4.2.4. Michelin Group
4.2.4.1. Overview
4.2.4.2. Product Portfolio
4.2.4.3. Financial Analysis (Subject to Data Availability)
4.2.4.4. SWOT Analysis
4.2.4.5. Business Strategy
4.2.5. Specialty Tires of America, Inc.
4.2.5.1. Overview
4.2.5.2. Product Portfolio
4.2.5.3. Financial Analysis (Subject to Data Availability)
4.2.5.4. SWOT Analysis
4.2.5.5. Business Strategy
4.3. Top Winning Strategies by Market Players
4.3.1. Merger and Acquisition
4.3.2. Product Launch
4.3.3. Partnership And Collaboration
5. Global Aircraft Tires Market Sales Analysis By Type ($ Million)
5.1. Radial-ply Tires
5.2. Bias-ply Tires
6. Global Aircraft Tires Market Sales Analysis By Aircraft Type ($ Million)
6.1. Commercial Aviation
6.2. Military Aviation
6.3. Business and General Aviation
7. Global Aircraft Tires Market Sales Analysis By Platform ($ Million)
7.1. Fixed-Wing Aircraft
7.2. Rotary-Wing Aircraft
8. Global Aircraft Tires Market Sales Analysis By End-User($ Million)
8.1. OEMs
8.2. Replacement
8.3. Retreading
9. Regional Analysis
9.1. North American Aircraft Tires Market Sales Analysis – Type | Aircraft Type | Platform | End-User ($ Million)
• Macroeconomic Factors for North America
9.1.1. United States
9.1.2. Canada
9.2. European Aircraft Tires Market Sales Analysis – Type | Aircraft Type | Platform | End-User ($ Million)
• Macroeconomic Factors for Europe
9.2.1. UK
9.2.2. Germany
9.2.3. Italy
9.2.4. Spain
9.2.5. France
9.2.6. Russia
9.2.7. Rest of Europe
9.3. Asia-Pacific Aircraft Tires Market Sales Analysis – Type | Aircraft Type | Platform | End-User ($ Million)
• Macroeconomic Factors for Asia-Pacific
9.3.1. China
9.3.2. Japan
9.3.3. South Korea
9.3.4. India
9.3.5. Australia & New Zealand
9.3.6. ASEAN Countries (Thailand, Indonesia, Vietnam, Singapore, And Other)
9.3.7. Rest of Asia-Pacific
9.4. Rest of the World Aircraft Tires Market Sales Analysis – Type | Aircraft Type | Platform | End-User ($ Million)
• Macroeconomic Factors for the Rest of the World
9.4.1. Latin America
9.4.2. Middle East and Africa
10. Company Profiles
10.1. Aviation Tires & Treads (skytreads)
10.1.1. Quick Facts
10.1.2. Company Overview
10.1.3. Product Portfolio
10.1.4. Business Strategies
10.2. Bridgestone Corporation
10.2.1. Quick Facts
10.2.2. Company Overview
10.2.3. Product Portfolio
10.2.4. Business Strategies
10.3. Dunlop Aircraft Tyres Limited
10.3.1. Quick Facts
10.3.2. Company Overview
10.3.3. Product Portfolio
10.3.4. Business Strategies
10.4. Goodyear Tire & Rubber Company
10.4.1. Quick Facts
10.4.2. Company Overview
10.4.3. Product Portfolio
10.4.4. Business Strategies
10.5. Michelin Group
10.5.1. Quick Facts
10.5.2. Company Overview
10.5.3. Product Portfolio
10.5.4. Business Strategies
10.6. Petlas Tire Industry and Trade Company
10.6.1. Quick Facts
10.6.2. Company Overview
10.6.3. Product Portfolio
10.6.4. Business Strategies
10.7. Qingdao Sentury Tire Co., Ltd.
10.7.1. Quick Facts
10.7.2. Company Overview
10.7.3. Product Portfolio
10.7.4. Business Strategies
10.8. Specialty Tires of America, Inc.
10.8.1. Quick Facts
10.8.2. Company Overview
10.8.3. Product Portfolio
10.8.4. Business Strategies
10.9. Yokohama TWS Czech Republic a.s.
10.9.1. Quick Facts
10.9.2. Company Overview
10.9.3. Product Portfolio
10.9.4. Business Strategies
1. Global Aircraft Tires Market Research and Analysis By Type, 2024-2035 ($ Million)
2. Global Radial-ply Aircraft Tires Market Research and Analysis By Region, 2024-2035 ($ Million)
3. Global Bias-ply Aircraft Tires Market Research and Analysis By Region, 2024-2035 ($ Million)
4. Global Aircraft Tires Market Research and Analysis By Aircraft Type, 2024-2035 ($ Million)
5. Global Commercial Aviation Tires Market Research and Analysis By Region, 2024-2035 ($ Million)
6. Global Military Aviation Tires Market Research and Analysis By Region, 2024-2035 ($ Million)
7. Global Business and General Aviation Tires Market Research and Analysis By Region, 2024-2035 ($ Million)
8. Global Aircraft Tires Market Research and Analysis By Platform, 2024-2035 ($ Million)
9. Global Fixed-wing Aircraft Market Research and Analysis By Region, 2024-2035 ($ Million)
10. Global Rotary-wing Aircraft Market Research and Analysis By Region, 2024-2035 ($ Million)
11. Global Aircraft Tires Market Research and Analysis By End-User, 2024-2035 ($ Million)
12. Global Aircraft Tires For OEMs Market Research and Analysis By Region, 2024-2035 ($ Million)
13. Global Aircraft Tires For Replacement Market Research and Analysis By Region, 2024-2035 ($ Million)
14. Global Aircraft Tires For Retreading Market Research and Analysis By Region, 2024-2035 ($ Million)
15. North American Aircraft Tires Market Research and Analysis By Country, 2024-2035 ($ Million)
16. North American Aircraft Tires Market Research and Analysis By Type, 2024-2035 ($ Million)
17. North American Aircraft Tires Market Research and Analysis By Aircraft Type, 2024-2035 ($ Million)
18. North American Aircraft Tires Market Research and Analysis By Platform, 2024-2035 ($ Million)
19. North American Aircraft Tires Market Research and Analysis By End-User, 2024-2035 ($ Million)
20. European Aircraft Tires Market Research and Analysis By Country, 2024-2035 ($ Million)
21. European Aircraft Tires Market Research and Analysis By Type, 2024-2035 ($ Million)
22. European Aircraft Tires Market Research and Analysis By Aircraft Type, 2024-2035 ($ Million)
23. European Aircraft Tires Market Research and Analysis By Platform, 2024-2035 ($ Million)
24. European Aircraft Tires Market Research and Analysis By End-User, 2024-2035 ($ Million)
25. Asia-Pacific Aircraft Tires Market Research and Analysis By Country, 2024-2035 ($ Million)
26. Asia-Pacific Aircraft Tires Market Research and Analysis By Type, 2024-2035 ($ Million)
27. Asia-Pacific Aircraft Tires Market Research and Analysis By Aircraft Type, 2024-2035 ($ Million)
28. Asia-Pacific Aircraft Tires Market Research and Analysis By Platform, 2024-2035 ($ Million)
29. Asia-Pacific Aircraft Tires Market Research and Analysis By End-User, 2024-2035 ($ Million)
30. Rest of the World Aircraft Tires Market Research and Analysis By Country, 2024-2035 ($ Million)
31. Rest of the World Aircraft Tires Market Research and Analysis By Type, 2024-2035 ($ Million)
32. Rest of the World Aircraft Tires Market Research and Analysis By Aircraft Type, 2024-2035 ($ Million)
33. Rest of the World Aircraft Tires Market Research and Analysis By Platform, 2024-2035 ($ Million)
34. Rest of the World Aircraft Tires Market Research and Analysis By End-User, 2024-2035 ($ Million)
1. Global Aircraft Tires Market Share By Type, 2024 Vs 2035 (%)
2. Global Radial-ply Aircraft Tires Market Share By Region, 2024 Vs 2035 (%)
3. Global Bias-ply Aircraft Tires Market Share By Region, 2024 Vs 2035 (%)
4. Global Aircraft Tires Market Share By Aircraft Type, 2024 Vs 2035 (%)
5. Global Commercial Aviation Tires Market Share By Region, 2024 Vs 2035 (%)
6. Global Military Aviation Tires Market Share By Region, 2024 Vs 2035 (%)
7. Global Business and General Aviation Tires Market Share By Region, 2024 Vs 2035 (%)
8. Global Aircraft Tires Market Share By Platform, 2024 Vs 2035 (%)
9. Global Fixed-wing Aircraft Tires Market Share By Region, 2024 Vs 2035 (%)
10. Global Rotary-wing Aircraft Tires Market Share By Region, 2024 Vs 2035 (%)
11. Global Aircraft Tires Market Share By End-User, 2024 Vs 2035 (%)
12. Global Aircraft Tires For OEMs Market Share By Region, 2024 Vs 2035 (%)
13. Global Aircraft Tires For Replacement Market Share By Region, 2024 Vs 2035 (%)
14. Global Aircraft Tires For Retreading Market Share By Region, 2024 Vs 2035 (%)
15. Global Aircraft Tires Market Share By Country, 2024 Vs 2035 (%)
16. US Aircraft Tires Market Size, 2024-2035 ($ Million)
17. Canada Aircraft Tires Market Size, 2024-2035 ($ Million)
18. UK Aircraft Tires Market Size, 2024-2035 ($ Million)
19. France Aircraft Tires Market Size, 2024-2035 ($ Million)
20. Germany Aircraft Tires Market Size, 2024-2035 ($ Million)
21. Italy Aircraft Tires Market Size, 2024-2035 ($ Million)
22. Spain Aircraft Tires Market Size, 2024-2035 ($ Million)
23. Russia Aircraft Tires Market Size, 2024-2035 ($ Million)
24. Rest Of Europe Aircraft Tires Market Size, 2024-2035 ($ Million)
25. India Aircraft Tires Market Size, 2024-2035 ($ Million)
26. China Aircraft Tires Market Size, 2024-2035 ($ Million)
27. Japan Aircraft Tires Market Size, 2024-2035 ($ Million)
28. Australia And New Zealand Aircraft Tires Market Size, 2024-2035 ($ Million)
29. ASEAN Economies Aircraft Tires Market Size, 2024-2035 ($ Million)
30. Rest Of Asia-Pacific Aircraft Tires Market Size, 2024-2035 ($ Million)
31. Latin America Aircraft Tires Market Size, 2024-2035 ($ Million)
32. Middle East And Africa Aircraft Tires Product Market Size, 2024-2035 ($ Million)
FAQS
The size of the Aircraft Tires market in 2024 is estimated to be around $2,780 million.
Asia Pacific holds the largest share in the Aircraft Tires market.
Leading players in the Aircraft Tires market include Bridgestone Corporation, Dunlop Aircraft Tyres Limited, Goodyear Tire & Rubber Company, Michelin Group, and Specialty Tires of America, Inc., among others.
Aircraft Tires market is expected to grow at a CAGR of 4.8% from 2025 to 2035.
The Aircraft Tires Market is growing due to rising air traffic, fleet expansion, frequent tire replacements, and advancements in durable, lightweight tire technologies.