Commercial Vehicles Tires Market Size and Share
Commercial Vehicles Tires Market Analysis by Mordor Intelligence
The Commercial Vehicles Tires Market size is estimated at USD 34.17 billion in 2025, and is expected to reach USD 41.89 billion by 2030, at a CAGR of 4.16% during the forecast period (2025-2030). Expanding e-commerce networks intensify last-mile delivery activity, while large infrastructure programs in emerging regions keep construction and haulage fleets active. Radialization of legacy fleets, rising adoption of subscription-based tire services, and stronger demand for premium compounds that lower total operating costs reinforce spending momentum. Growth also benefits from OEM channel acceleration as carriers upgrade vehicles to meet tightening emission norms. Input-cost exposure to natural rubber volatility and evolving sustainability rules temper the overall upside, yet do not derail the demand trend.
Key Report Takeaways
- By vehicle type, light commercial vehicles captured 63.17% of the commercial vehicles tire market share in 2024, while medium commercial vehicles are projected to post the highest 4.18% CAGR through 2030.
- By tire type, radial products led with an 87.71% share of the commercial vehicle tire market in 2024, while solid tires recorded the fastest 4.28% CAGR.
- By application, cargo transportation accounted for 54.51% of the commercial vehicles tire market share in 2024, and mining is advancing at a 4.32% CAGR.
- By sales channel, the aftermarket dominated with 73.37% of the commercial vehicles tire market share in 2024, whereas OEM deliveries grew at a 4.29% CAGR.
- By distribution channel, offline networks held 83.45% of the commercial vehicles tire market share in 2024, and online portals expanded at a 4.23% CAGR.
- By price category, economy tires occupied 47.82% of the commercial vehicles tire market share in 2024, and premium lines are set to rise at a 4.21% CAGR.
- By geography, Asia-Pacific led with 38.75% of the commercial vehicles tire market share in 2024, and the Middle East & Africa is expected to deliver the quickest 4.27% CAGR.
Global Commercial Vehicles Tires Market Trends and Insights
Drivers Impact Analysis
| Driver | (~) % Impact on CAGR Forecast | Geographic Relevance | Impact Timeline |
|---|---|---|---|
| Rising E-Commerce Last-Mile Deliveries | +1.2% | Global, with concentration in North America, Europe, and Asia Pacific urban centers | Short term (≤ 2 years) |
| Fleet Modernization & Radialization | +0.9% | India, Southeast Asia, Latin America, Eastern Europe | Medium term (2-4 years) |
| Infrastructure Spending Expands Construction Haulage Fleets | +0.8% | Asia Pacific core, spill-over to MEA and South America | Medium term (2-4 years) |
| Expansion Of Global Logistics Trade Corridors | +0.7% | Belt and Road Initiative regions, India-Middle East-Europe corridor | Long term (≥ 4 years) |
| Tire-As-A-Service Subscription Adoption | +0.6% | North America and EU, early adoption in developed Asia Pacific markets | Medium term (2-4 years) |
| Telematics-Led Predictive Maintenance UPS Premium Tire Uptake | +0.5% | Global, led by North America and Europe | Short term (≤ 2 years) |
| Source: Mordor Intelligence | |||
Rising E-Commerce Last-Mile Deliveries Boost LCV Tire Demand
E-commerce players continue to densify micro-fulfillment footprints, which keeps light vans operating with higher trip frequency than traditional freight routes. Elevated stop-start patterns raise heat build-up and tread wear, lifting replacement intervals by one-third per vehicle. Electric vans add torque-induced strain that accelerates shoulder abrasion, prompting demand for compounds tuned to resist early fatigue. Manufacturers with broad aftermarket footprints secure quick replenishment businesses that value uptime above price positioning. The phenomenon concentrates in dense urban zones where delivery density is highest and stringent noise and emission rules further favor advanced low-rolling-resistance designs that offset range anxiety.
Fleet Modernization and Radialization in Emerging Markets
Mandates tied to Bharat Stage VI in India and comparable norms in Southeast Asia push carriers to swap bias tires for radials that trim fuel use and extend mileage. Incentive programs reduce the cost gap, accelerating de-stocking of older bias inventories and lifting radial unit value. Suppliers enjoy dual streams during this transition: orderly bias run-outs and fresh radial replenishment. Parallel safety standards on braking distance and load rating strengthen the preference for steel-belted radials, helping manufacturers capture margin lift from advanced designs. Latin American fleets and Eastern European operators mirror the shift as regional emission laws converge with global patterns.
Infrastructure Spending Expands Construction Haulage Fleets
Public sector outlays such as India’s National Infrastructure Pipeline accelerate procurement of dumpers, mixers, and heavy haul tractors that require robust tire carcasses. OEMs specify cut-resistant treads and sidewall guards to cope with abrasive aggregates and unpaved access roads. Bridgestone’s upgrade of its Kitakyushu plant adds large-rim capacity tailored to this segment [1]“MasterCore Mining Tire Series Whitepaper,” Bridgestone Corporation, Bridgestone.com . The spending wave spills into the Middle East and South America, where smart-city and port-expansion schemes drive similar vehicle mix changes. Over the medium term, solid tire solutions gain visibility as contractors seek to curb puncture-related downtime.
Expansion of Global Logistics Trade Corridors
Megaprojects like the Belt and Road and the India-Middle East-Europe Economic Corridor create contiguous freight lanes that call for high-durability long-haul tires. Carriers negotiating desert heat or alpine cold value tread formulas engineered for route-specific extremes. Tire makers add service points and retread workshops at logistic hubs to secure retainer contracts over product life cycles. Corridor development also prompts local joint ventures that lower lead times and import duties, reinforcing global supply chain resilience. As traffic scales, harmonized quality standards across borders further favor established brands with multi-regional SKUs.
Restraints Impact Analysis
| Restraint | (~) % Impact on CAGR Forecast | Geographic Relevance | Impact Timeline |
|---|---|---|---|
| Volatile Natural-Rubber and Crude Prices Inflate Input Costs | -0.4% | Global, particularly affecting price-sensitive emerging markets | Short term (≤ 2 years) |
| Stricter Emission & Disposal Regulations | -0.3% | Europe, North America, with gradual expansion to Asia Pacific | Medium term (2-4 years) |
| Longer-Life Low-Rolling-Resistance Tires Delay Replacement | -0.3% | Global, with pronounced impact in developed markets adopting premium tires | Medium term (2-4 years) |
| Retread Competition Suppresses New-Tire Demand | -0.2% | Emerging markets, particularly price-sensitive commercial fleet segments | Short term (≤ 2 years) |
| Source: Mordor Intelligence | |||
Volatile Natural Rubber and Crude Prices Inflate Input Costs
Raw materials account for nearly half of tire production expense, so swings in latex or oil derivatives quickly erode gross margins. Weather-led supply dips in Thailand or geopolitical shocks that lift crude prices cascade into synthetic polymer spikes. While hedging dampens immediate shocks, there is usually a lag before list prices adjust, creating margin compression in highly competitive bid cycles. Budget segments see sharper demand slowdowns whenever price hikes filter through because fleets postpone discretionary replacements. As a structural response, leading suppliers invest in guayule research and compounding innovations that lower virgin rubber content to curb volatility exposure.
Stricter Emission and Disposal Regulations on Tire Makers
European Union labeling and extended producer responsibility rules mandate higher recycled content and traceable end-of-life pathways. Compliance forces capital spending on new mixing lines capable of handling devulcanized crumb, and it compels redesigns that ease future recycling. Large manufacturers with broader R&D budgets absorb the extra overhead better than small-scale peers, gradually lifting market entry barriers. North American states are adopting similar frameworks, and advanced APAC economies signal alignment, extending the cost impact globally. The regulation wave indirectly boosts retreading volumes, as carcass reuse counts toward circularity targets.
Segment Analysis
By Vehicle Type: LCVs Drive Market Volume
Light commercial vehicles held 63.17% of the commercial vehicles tires market share in 2024, reflecting unmatched density in parcel, grocery, and service fleets. Cargo density and urban emission regimes accelerate the electrification of these vans, pushing demand for low-noise patterns and stronger sidewalls to cope with battery weight. However, smaller in unit count, medium commercial vehicles are projected to chart the quickest 4.18% CAGR as developing nations up-gauge payload to trim per-trip fuel. Heavy commercial vehicles maintain a stable baseline tied to long-haul freight and earthmoving, yet improved drivetrain efficiency lengthens replacement cycles. Across classes, tire leasing gains acceptance as fleet managers seek to synchronize payment schedules with revenue generation.
Second-generation last-mile platforms that rely on real-time routing elevate mileage unpredictability, making predictive tread-life models valuable. Suppliers respond with RFID tagging to provide casing provenance, simplifying mid-contract asset swaps. The commercial vehicles tire market gains additional volume as ride-sharing couriers acquire vans rather than sedans, boosting average tire diameter and price realization. Safety standards that cap braking distance encourage wider footprints, indirectly raising raw material per unit. Consequently, the commercial vehicles tire industry prioritizes compound R&D that maintains grip without sacrificing wear.
Note: Segment shares of all individual segments available upon report purchase
By Tire Type: Radial Dominance Faces Solid Tire Disruption
Radial products commanded an 87.71% of the commercial vehicles tires market share in 2024, driven by economies of scale and consistent global OE fitment. Their steel-belt structure delivers lower rolling resistance, supporting carbon-reduction goals. However, solid tires post a 4.28% CAGR by eliminating punctures in forklifts, telehandlers, and underground mining trucks, where downtime is costlier than ride comfort. Bias tires persist only in select low-speed agricultural or off-road niches. Airless prototypes entering pilot fleets show the market’s openness to disruptive architectures that promise zero maintenance.
Manufacturers expand radial portfolios with heat-shielding rubber blends that tolerate electric axle torque spikes. Concurrently, they tweak bead geometry for lighter wheels to enhance payload capacity. Solid tire innovators explore polyurethane hybrids, targeting lower weight versus traditional press-on solids. The commercial vehicles tire market size linked to solid formats remains small today but enjoys strong pricing power. Over the forecast horizon, cross-integration between solid and radial technologies may produce hybrid casings aimed at ports and warehouse automation.
By Application: Mining Emerges as Growth Leader
Cargo haulage still represented 54.51% of the commercial vehicles tires market share in 2024, spanning regional trucking, courier fleets, and container drayage. Yet mining applications take the growth crown with a 4.32% CAGR, supported by elevated commodity demand and deeper pit operations that wear tires faster. Public transit maintains regular renewal driven by safety mandates, though longer tread life on electric buses curbs replacement frequency. Construction sites, energized by stimulus packages, consume high-flotation tires built to resist sidewall cuts from rebar debris.
Mining’s share uptick invites specialized programs such as Bridgestone’s MasterCore line featuring advanced steel cord that boosts resistance to belt separation. Operators appreciate predictive load and temperature dashboards that lower unscheduled stoppages, translating into bigger contracts for premium suppliers. Therefore, the market share of commercial vehicle tires for premium mining SKUs rises, outpacing general-purpose lines. Cargo operators respond by testing low-heat cap compounds that extend highway tread life, reflecting a migration toward application-specific optimization.
By Sales Channel: Aftermarket Dominance with OEM Acceleration
Replacement volumes generated 73.37% of the commercial vehicles tires market share in 2024, a ratio typical for wear-intensive products whose life span is measured in months on specific duty cycles. Dealer chains and franchisees act as technical gatekeepers, ensuring correct load rating and installation. Original equipment fitments, while smaller, grow at a 4.29% CAGR as emerging market truck factories boost output. OEM contracts increasingly bundle telematics-ready tires, smoothing integration with vehicle data buses.
E-invoicing and parts catalog digitization blur strict channel borders, letting producers like Goodyear pilot direct-to-fleet replenishment that coexists with dealer networks. At the same time, retreaders align with casing-leasing models, absorbing carcasses returned under subscription contracts. The commercial vehicles tire market recognizes the OEM window as a gateway to capture profitable aftermarket pull-through because fleets often stick with factory brands when ordering replacements.
By Distribution Channel: Digital Disruption of Traditional Networks
Offline outlets held an 83.45% of the commercial vehicles tires market share in 2024 as fleets rely on onsite mounting, balancing, and emergency roadside support that require physical infrastructure. Nevertheless, online notch has a 4.23% CAGR by offering transparent pricing and lead-time guarantees. Smaller carriers use online comparison tools to benchmark rolling resistance and service life, narrowing information asymmetry with larger peers.
Manufacturers equip authorized dealers with click-and-collect capabilities, allowing customers to reserve SKUs digitally before arriving for fitment. Third-party logistics providers add tire procurement modules to fleet-management dashboards, extending reach into previously fragmented buyer pools. Despite expansion, online penetration in the commercial vehicles' tires market stays capped by the need for post-sale services such as torque re-checks. Over time, virtual reality training for remote technicians may lower this barrier, enabling deeper e-commerce in complex heavy-duty segments.
By Price Category: Premium Segment Gains Momentum
Economy lines dominated at 47.82% of the commercial vehicles tires market share in 2024, as up-front price still anchors many purchase decisions, especially for owner-operator fleets. Premium tiers, however, chart a 4.21% CAGR, fueled by telematics data that quantifies fuel economy gains and downtime avoidance. Mid-tier products face compression as buyers trade up for demonstrable savings or down for sheer affordability. Budget brands continue to serve niche rural routes where roads and load factors remain predictable.
Cold inflation tracking and regrooving policies become ubiquitous on high-mileage tractors, magnifying the benefit profile of premium casings built for multiple retread lives. Innovative tire startups collaborate with insurers to tie premium selection to reduced deductibles, shifting demand upward. As a result, the commercial vehicles tire industry witnesses value migration even when total unit growth stays modest in mature regions.
Geography Analysis
Asia-Pacific contributed 38.75% of the commercial vehicles tires market share in 2024, anchored by China’s manufacturing corridors and India’s construction boom that keep both OE and replacement lines moving. Government-backed logistics parks and expressway expansions escalate vehicle counts and average axle load, directly raising replacement frequency. Japan and South Korea add high-margin premium demand through advanced fleet digitalization projects that favor integrated tire-data platforms. The region’s scale attracts new local production, tightening lead times and buffering currency swings.
The Middle East and Africa posts the fastest 4.27% CAGR to 2030 as Gulf diversification agendas invest in rail-to-port road links and Sub-Saharan mineral extraction. Morocco and Egypt emerge as export hubs, supported by duty-free access to Europe that incentivizes tire plant siting. Mining in South Africa and construction in Saudi Arabia yield sustained demand for off-the-road compounds, which lifts the commercial vehicles' tires market in the region despite modest vehicle density today.
North America and Europe maintain mature but sizeable bases, fueled chiefly by replacement demand. E-commerce keeps less-than-truckload routes busy, while European environmental mandates stimulate a swift shift to low-rolling-resistance radials. Cold-climate regulations drive specialized winter fitments, extending seasonal peaks beyond regular cycles. Across both regions, retreading maintains resilience under sustainability pressure, and digital twins built on real-world wear data guide next procurement rounds, reinforcing premium uptake.
Competitive Landscape
Competition is moderate as the top five players command significant global revenue. These firms use multipronged strategies, including compound innovation, worldwide dealer networks, and long-term fleet service contracts. Bridgestone and Michelin intensified the mining focus, which is reflected in capacity upgrades and new heat-resistant lines. Goodyear expands North American truck tire output by two-fifths to match fleet replacement schedules, defending share in high-volume steer and drive positions. Continental and Pirelli emphasize telematics integration, embedding RFID in casings to deliver real-time analytics as part of subscription offers [2]“Ontario Plant Expansion Press Release,” Goodyear Tire & Rubber Company, Goodyear.com .
Strategic partnerships multiply as tire makers co-develop electric axle-specific sizes with OEMs, ensuring early specification capture on emerging vehicle models. Simultaneously, manufacturers file patents for bio-based elastomers and recycled-content steel cords, signaling R&D priority shifts toward sustainability. Regional challengers in China and India climb the value ladder, yet remain largely confined to domestic territory due to brand perception gaps in premium export markets. Balance-sheet strength enables global leaders to hedge raw-material swings, giving them a cost absorption edge over niche competitors.
Intellectual-property intensity rises in sensor-enabled tires that feed predictive models, locking in customer data and increasing switching costs. Aftermarket consolidation continues as dealers align with manufacturer-branded service franchises offering warranty extensions and fleet reporting dashboards. The competitive narrative, therefore, revolves less around headline price and more around lifecycle solutions that optimize uptime, fuel, and compliance.
Commercial Vehicles Tires Industry Leaders
-
Bridgestone Corporation
-
Continental AG
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The Goodyear Tire & Rubber Company
-
Hankook Tire & Technology
-
Yokohama Rubber Co., Ltd.
- *Disclaimer: Major Players sorted in no particular order
Recent Industry Developments
- August 2024: Bridgestone committed JPY 25 billion (USD 170 million) to upgrade its Kitakyushu plant in Japan, adding large-rim mining and construction tire capacity to capture high-margin off-road demand.
- August 2024: Goodyear approved a USD 575 million expansion of its truck tire plant in Ontario, Canada. This move will raise North American production capacity by 40% and reduce lead times for fleet customers.
Global Commercial Vehicles Tires Market Report Scope
Commercial Vehicle tires are large, robust tires designed for use on vehicles and machinery in industries such as mining, construction, and agriculture. These tires are specifically engineered to withstand rugged terrains, heavy loads, and harsh conditions, providing excellent traction, durability, and stability in off-road applications.
The commercial vehicle tires market is segmented into vehicle weight, application, terrain type, sales channel, end-user, material, and geography. Based on the vehicle weight, the market is segmented into Less than 3.5 tons, between 3.5 and 16 tons, and greater than 16 tons. Based on the application, the market is segmented into construction, mining, agriculture, transport, and other applications. Based on the terrain type, the market is segmented into on-road and off-road. Based on the sales channel, the market is segmented into offline and online. Based on the end-user, the market is segmented into OEM and aftermarket. Based on the material, the market is segmented into natural rubber, polybutadiene rubber, styrene-butadiene rubber, nylon cord fabric, wire, and other materials; based on geography, the market is segmented into North America, Europe, Asia-Pacific, and the Rest of the World.
For each segment, the market sizing and forecast have been done based on the value (USD).
| Light Commercial Vehicles (LCVs) |
| Medium Commercial Vehicles (MCVs) |
| Heavy Commercial Vehicles (HCVs) |
| Radial Tires |
| Bias Tires |
| Solid Tires |
| Cargo Transportation |
| Public Transportation |
| Construction |
| Mining |
| Agriculture |
| OEM |
| Aftermarket |
| Online |
| Offline |
| Budget |
| Economy |
| Premium |
| North America | United States |
| Canada | |
| Rest of North America | |
| South America | Brazil |
| Argentina | |
| Rest of South America | |
| Europe | Germany |
| United Kingdom | |
| France | |
| Italy | |
| Spain | |
| Rest of Europe | |
| Asia-Pacific | China |
| India | |
| Japan | |
| South Korea | |
| Rest of Asia-Pacific | |
| Middle East and Africa | United Arab Emirates |
| Saudi Arabia | |
| South Africa | |
| Turkey | |
| Rest of Middle East and Africa |
| By Vehicle Type | Light Commercial Vehicles (LCVs) | |
| Medium Commercial Vehicles (MCVs) | ||
| Heavy Commercial Vehicles (HCVs) | ||
| By Tire Type | Radial Tires | |
| Bias Tires | ||
| Solid Tires | ||
| By Application | Cargo Transportation | |
| Public Transportation | ||
| Construction | ||
| Mining | ||
| Agriculture | ||
| By Sales Channel | OEM | |
| Aftermarket | ||
| By Distribution Channel | Online | |
| Offline | ||
| By Price Category | Budget | |
| Economy | ||
| Premium | ||
| By Geography | North America | United States |
| Canada | ||
| Rest of North America | ||
| South America | Brazil | |
| Argentina | ||
| Rest of South America | ||
| Europe | Germany | |
| United Kingdom | ||
| France | ||
| Italy | ||
| Spain | ||
| Rest of Europe | ||
| Asia-Pacific | China | |
| India | ||
| Japan | ||
| South Korea | ||
| Rest of Asia-Pacific | ||
| Middle East and Africa | United Arab Emirates | |
| Saudi Arabia | ||
| South Africa | ||
| Turkey | ||
| Rest of Middle East and Africa | ||
Key Questions Answered in the Report
How large is the commercial vehicle tire market in 2025?
The commercial vehicle tire market size is USD 34.17 billion in 2025 and is projected to grow at a 4.16% CAGR to USD 41.89 billion by 2030.
Which vehicle class generates the highest tire demand?
Light commercial vehicles account for 63.17% of global revenue because of intensive last-mile and urban service operations.
What is the fastest-growing tire application?
Mining leads growth with a 4.32% CAGR, driven by high equipment utilization in commodity and infrastructure projects.
Why are solid tires gaining traction?
Solid tires grow fastest at a 4.28% CAGR since they eliminate puncture downtime in construction, mining, and material-handling fleets.
Which region will grow the quickest through 2030?
The Middle East and Africa region is forecast to register a 4.27% CAGR, supported by infrastructure investment and resource extraction.
How are telematics influencing tire purchases?
Telematics platforms give fleets real-time wear and pressure data, encouraging the adoption of premium tires that integrate seamlessly with predictive maintenance systems.
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