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Automotive Tire OEM Market Value Growth And Long-Term Outlook
The automotive tire oem market size has grown strongly in recent years. It will grow from $24.49 billion in 2025 to $26.39 billion in 2026 at a compound annual growth rate (CAGR) of 7.8%. The growth in the historic period can be attributed to passenger vehicle production growth, long-term oem supply contracts, dominance of radial tires, automotive platform standardization, growth of global vehicle sales.
The automotive tire oem market size is expected to see strong growth in the next few years. It will grow to $35.8 billion in 2030 at a compound annual growth rate (CAGR) of 7.9%. The growth in the forecast period can be attributed to electric vehicle penetration, demand for lightweight tires, sustainability-driven material innovation, performance optimization for new vehicle platforms, growth in premium vehicles. Major trends in the forecast period include rising oem focus on ev-specific tires, demand for low rolling resistance tires, increased collaboration between oems and tire makers, growth of tubeless radial tires, customization based on vehicle platforms.
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Automotive Tire OEM Market Industry Drivers: What’s Behind The Revenue Growth?
The growth in automotive industry is expected to propel the growth of the automotive tire OEM market going forward. The term automotive industry refers to the collective group of companies, organizations, and activities involved in the design, development, manufacturing, marketing, and selling of motor vehicles. The automotive industry serves as a foundational pillar for the growth of the Automotive Tire OEM market by driving demand through vehicle production, fostering technological advancements, enabling collaborations, supporting global expansion, responding to economic factors, accommodating consumer preferences, and adhering to regulatory standards. For instance, in January 2024, according to the European Automobile Manufacturers Association, a Belgium-based automobile industry association, reported that in 2023, the EU car market grew by 13.9% over 2022, bringing total annual sales to 10.5 million vehicles. Therefore, the growth in automotive industry is driving the growth of the automotive tire OEM market.
Automotive Tire OEM Market Segment Breakdown: Which Categories Lead On Revenue?
The automotive tire oem market covered in this report is segmented –
1) By Type: Tube Tire, Tubeless Tire
2) By Design: Radial Tire, Bias Tire
3) By Vehicle: Passenger Car, Light Commercial Vehicle, Heavy Commercial Vehicle
Subsegments:
1) By Tube Tire: Bias Tube Tires, Radial Tube Tires
2) By Tubeless Tire: Bias Tubeless Tires, Radial Tubeless Tires
#Automotive Tire OEM Market Growth Trends: What’s Shaping The Future Outlook?
Major companies operating in the automotive tire OEM market are focusing on developing advanced, high-performance tires with longer lifespan, improved all-weather capability, and enhanced safety features to meet evolving vehicle and fleet requirements. For instance, in August 2025, Bridgestone Americas, a Japan-based tire manufacturing company, introduced the W920 all-weather trucking tire on August 7, 2025. Engineered for year-round performance, the W920 boasts Three-Peak Mountain Snowflake certification, ensuring reliable traction in both rain and snow. Compared to the Michelin XDS 2, it offers a 6% longer lifespan, translating to approximately 10,000 additional miles. The tire features a non-directional tread pattern, enhancing mounting and rotation efficiency, and incorporates advanced stone rejector platforms and full-depth sipes for improved all-weather defense. Manufactured at the Warren County Plant in Tennessee, the W920 is initially available in the 11R22.5 size, with more sizes expected in 2026.
Automotive Tire OEM Market Leading Players And Competitive Positioning
Major companies operating in the automotive tire oem market report include Bridgestone Corporation, Sumitomo Rubber Industries Ltd., Pirelli & C. SpA, Hankook Tire & Technology Co. Ltd., Toyo Tire Corporation, Cooper Tire & Rubber Company, Kumho Tire Co. Inc., Nokian Tyres PLC, Giti Tire Corporation, MRF Limited, Apollo Tyres Ltd., Cheng Shin Rubber Industry Co. Ltd., Nexen Tire Corporation, Shandong Linglong Tyre Co. Ltd., Zhongce Rubber Group Co. Ltd., Triangle Tyre Co. Ltd., Sailun Group Co. Ltd., Yokohama Rubber Co. Ltd., Qingdao Sentury Tire Co. Ltd., Goodyear Tyre & Rubber Company, Aeolus Tyre Co. Ltd., Double Coin Holdings Ltd., Continental AG, Shandong Wanda Boto Tyre Co. Ltd., JK Tyre & Industries Ltd., Hebei Tianyang Rubber Co. Ltd., Gui Zhou Tyre Co. Ltd.
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Automotive Tire OEM Market Global Footprint: Which Region Leads The Market?
Asia-Pacific was the largest region in the automotive tire OEM market in 2025. The regions covered in the automotive tire oem market report include Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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Wasay has over a decade of experience in market research, data modelling, and analytics, with prior experience at GlobalData and Decision Tree Consulting Services. At The Business Research Company , he leads research operations across syndicated studies, customized consulting engagements, and the Global Market Model platform. His professional experience includes supporting organizations such as Boston Consulting Group, KPMG, and Ernst & Young. Wasay holds a degree in Electronics and Communications Engineering, postgraduate management qualifications from International Management Institute Belgium and Indian School of Business and Entrepreneurship, and completed the Integrated Program in Business Analytics from Indian Institute of Management Indore.
