Global automotive tire market was valued at $198.2 billion in 2025 and is growing at a CAGR of 4.5% during the forecast period (2026-2035). Shift towards radial tyre adoption is driven by improved fuel efficiency, durability, ride comfort, and reduced rolling resistance, propelling market growth through expanded manufacturing capacity. For instance, in January 2026, JK Tyre inaugurated Phase III of its capacity expansion at the Banmore facility in Madhya Pradesh to enhance passenger car radial (PCR) tyre production. This expansion is part of a multi-phase investment exceeding ?1,000 crore, aimed at boosting domestic manufacturing and meeting increasing demand in OEM, aftermarket, and export markets. The facility's production capacity has risen to 30,000 PCR tyres daily, totaling approximately 10.5 million tyres annually, elevating JK Tyre's total production capacity in India to 16 million tyres per year. The upgraded plant focuses on modern manufacturing systems and energy efficiency to ensure high performance, quality, and sustainability in production.
Browse the full report description of “Automotive Tire Market Size, Share & Trends Analysis by Vehicle Type (Passenger Vehicle, Commercial Vehicle, Two-Wheeler, and Off-the-Road (OTR)), by Tire Structure (Radial, and Bias/Bias-Ply), By Sales Channel (Original Equipment Manufacturer (OEM) (~25-30%), and Replacement/Aftermarket (~70-75%)), By Tire Type (All-Season, Summer/Performance, Winter, and Ultra-High-Performance (UHP)) By Vehicle Class (Economy, Mid-Range, and Premium/Luxury and) by Application (On-Road, Off-Road, and Mixed Service), Forecast Period (2026-2035)” at https://www.omrglobal.com/industry-reports/automotive-tire-market
Leading Companies Shaping Innovation in the Automotive Tire Market
The key players in the automotive tire market include Continental, Bridgestone, Goodyear, Michelin, Pirelli, among others. These companies are driving innovation in digital health solutions such as telemedicine, electronic health records, remote patient monitoring, and AI-powered clinical tools, shaping the future of healthcare delivery globally.
- In November 2025, JK Tyre & Industries planned to invest ?5,000 crore over the next 5–6 years to expand production capacity and enhance its export portfolio. This strategic move aims to maintain competitiveness amidst rising global demand and technological advancements. The investment reflects a trend among Indian tyre manufacturers to ramp up capacity in response to export opportunities and the need for high-performance tyres, potentially benefiting suppliers of machinery and related products in the near future.
- In June 2025, Continental Tires invested approximately INR 100 Crores (EUR 10.5 Million) to enhance its Passenger Car and Light Truck (PLT) tyre portfolio at its Modipuram plant in India. This strategic investment aims to strengthen its presence in the fast-growing Indian automotive market, focusing on producing ultra-high-performance and premium tyres tailored to local consumer demands while emphasizing product performance and quality standards.
- In November 2024, Bridgestone invested approximately $85 million to enhance premium passenger car tire production in India, targeting the Pune and Indore plants. This investment aims to expand production capacity at the Pune plant by about 1.1 million tires annually by 2029 and bolster premium tire production capabilities at the Indore plant. Additionally, a new satellite technology center will be established at the Pune plant in 2025 to produce products customized for the Indian market, incorporating ENLITEN technology. This initiative is set to enhance the company's engineering and manufacturing capabilities in India.
Market Coverage
- The market number available for – 2025-2035
- Base year- 2025
- Forecast period- 2026-2035
- Segment Covered-
- By Vehicle Type
- By Tire Structure
- By Sales Channel
- By Tire Type
- By Vehicle Class
- By Application
- Regions Covered-
- North America
- Europe
- Asia-Pacific
- Rest of the World
- Competitive Landscape - Continental, Bridgestone, Goodyear, Michelin, Pirelli, among others.
Key questions addressed by the report.
- What is the market growth rate?
- Which segment and region dominate the market in the base year?
- Which segment and region will project the fastest growth in the market?
- Who is the leader in the market?
- How are players addressing challenges to sustain growth?
- Where is the investment opportunity?
Global Automotive Tire Market Report Segment
By Vehicle Type
- Passenger Vehicle
- Commercial Vehicle
- Light Commercial Vehicle
- Medium Commercial Vehicle
- Heavy Commercial Vehicle
- Two-Wheeler
- Off-the-Road (OTR)
By Tire Structure
By Sales Channel
- Original Equipment Manufacturer (OEM)
- Replacement/Aftermarket
By Tire Type
- All-Season
- Summer/Performance
- Winter
- Ultra-High-Performance (UHP)
By Vehicle Class
- Economy
- Mid-Range
- Premium/Luxury
By Application
- On-Road
- Off-Road
- Mixed Service
Global Automotive Tire Market Report Segment by Region
North America
Europe
- UK
- Germany
- Italy
- Spain
- France
- Russia
- Rest of Europe
Asia-Pacific
- China
- India
- Japan
- South Korea
- Australia and New Zealand
- ASEAN Economies
- Rest of Asia-Pacific
Rest of the World
- Latin America
- Middle East & Africa
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