Car Tire Market Size, Trends, Latest Insights, Analysis and Forecast 2025-2032

The global car tire market is anticipated to grow at a considerable CAGR of 2.2% during the forecast period (2023-2029). Tire makers are turning to green energy in their production as companies are working to achieve carbon neutrality by 2050, with investments in the direction of zero-carbon technology, energy efficiency, and green energy. For instance, in February 2021, Michelin Group announced that it is working toward making its tires 100% sustainable by 2050. For this, Michelin partnered with various organizations like Axens, IFP Energies Nouvelles, Pyrowave, Carbios, Enviro, and BlackCycle.

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The global car tire market is segmented based on tire type, application, vehicle type, and end-user. Based on the tire type, the market is segmented into winter tires, summer tires, and others. Based on application, the market is segmented into on-the-road and off-the-road. Further, based on vehicle type, the market is sub-segmented into passenger cars and commercial vehicles. Based on end-user, the market is segmented into OEM and aftermarket. Among the end-user segment, the OEM sub-segment is expected to cater to a prominent market share over the forecast period.

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  • Market Coverage

  • Market number available for – 2025-2031

  • Base year- 2025

  • Forecast period- 2025-2031

  • Segment Covered- By Source, By Product Type, By Applications

  • Competitive Landscape- Archer Daniels Midland Co., Ingredion Inc., Kerry Group Plc, Cargill

  • , and others


Global Car Tire Market Report Segment

By Tire Type 

  • Winter Tires

  • Summer Tires

  • Others


By Application

  • On-the-Road

  • Off-the-Road


By Vehicle Type 

  • Passenger Cars

  • Commercial Vehicles


By End-User

  • OEM

  • Aftermarket


Global Car Tire Market Report Segment by Region

North America

  •             United States

  •             copyright


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


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