Strategic Initiatives: Partnership, Funding, Collaboration, Adopted by Key Manufacturers Boost the Market Growth

Published: Jun 2023

Global automotive tubeless tyres market is anticipated to grow at a considerable CAGR of 8.0% during the forecast period. An automotive tubeless tyres has a molded rim that maintains air pressure inside the tyres and seals the flanges of the wheel. Tubeless tyres possess low thickness and hence, tyres manufactures developed advanced tyres in which the rate of air loss is considerably low as compared to traditional tyres, and the tyres is suitable for hiking, adventure activities, and others. In March 2023 Bridgestone Americas announced it was chosen by Lamborghini as its exclusive tire partner for the new Revuelto, Lamborghini's first-ever super sports V12 HPEV (High Performance Electrified Vehicle). with this partnership the company offers the Bridgestone Potenza Sport tires that are specifically developed for the Lamborghini Revuelto and available with Run Flat Technology (RFT). This enables drivers to continue driving safely even after a puncture – for 50 miles at 50 mph with 0-bar pressure. 

Browse the full report description of “Automotive Tubeless Tyre Market Size, Share & Trends Analysis Report by Type (Bias Tubeless Tire, and Radial Tubeless Tire), by Pattern Design (Lug, Rib, and Semi Lug), and by Vehicle Type (Passenger Cars, Commercial Vehicles, and Two Wheeler) Forecast Period (2023-2030)” at https://www.omrglobal.com/industry-reports/automotive-tubeless-tyre-market

In addition, the market players which include, Sumitomo Rubber Industries, Ltd., Toyo Tire & Rubber Co. Ltd., Yokohama Tire Corp., Pirelli, and others are collaborating, entering into partnership strategies, and providing funding to remain competitive in the global market. For instance, in March 2023 Pirelli launched its new P ZERO Race TLR, the tubeless version of its clincher tyres for road bikes. This product has been redesigned with new technologies and is manufactured in the modernised and innovative Pirelli plant in Milan-Bollate. This new technology reduces rolling resistance, thus improving the smoothness of these tyres by 24% compared to the P ZERO Race TLR’s predecessor. Moreover, the new P ZERO Race TLR is much more flexible and thinner than a traditional butyl rubber layer, with improved mechanical resistance characteristics and can offer a better level of puncture protection than a classic bead-to-bead fabric casing. In addition in September 2021, Bridgestone supply radial tyres by entering into a contract with Tata Motors. Under the contract, Bridgestone supplies its R156 tubeless tyre for fitment in Tata Motors' electric buses. These tyres are supplied for 150 e-buses that are being manufactured by Tata Motors for Brihanmumbai Electric Supply and Transport (BEST). The tubeless R156 provides higher fuel efficiency, as it is an eco-friendly tyre that is a suitable fitment for e-buses.

Market Coverage

The market number available for – 2022-2030

Base year- 2022

Forecast period- 2023-2030

Segment Covered- 

o By Type 

o By Vehicle Type 

o By Pattern Design 

Regions Covered-

o North America

o Europe

o Asia-Pacific

o Rest of the World

Competitive Landscape- including Continental AG, Continental AG, Goodyear Tire & Rubber, MRF Ltd., Apollo Tires Ltd., and 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 Tubeless Tyres Market Report Segment

By Type 

  • Bias Tubeless Tire
  • Radial Tubeless Tire

By Pattern Design 

  • Lug
  • Rib
  • Semi Lug

By Vehicle Type 

  • Passenger Cars
  • Commercial Vehicles
  • Two Wheeler 

Global Automotive Tubeless Tyres Market Report Segment by Region

North America

United States

Canada

Europe

UK

Germany

Italy

Spain

France

Rest of Europe 

Asia-Pacific

China

India

Japan

South Korea

Rest of Asia-Pacific 

Rest of the World

Latin America 

Middle East & Africa


To learn more about this report request a free sample copy @ https://www.omrglobal.com/request-sample/automotive-tubeless-tyre-market