Commercial Vehicles Tires Market Size and Share

Commercial Vehicles Tires Market Summary
Image © Mordor Intelligence. Reuse requires attribution under CC BY 4.0.

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.

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.

Commercial Vehicles Tires Market: Market Share by Vehicle Type
Image © Mordor Intelligence. Reuse requires attribution under CC BY 4.0.

Note: Segment shares of all individual segments available upon report purchase

Get Detailed Market Forecasts at the Most Granular Levels
Download PDF

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.

Commercial Vehicles Tires Market: Market Share by Distribution Channel
Image © Mordor Intelligence. Reuse requires attribution under CC BY 4.0.
Get Detailed Market Forecasts at the Most Granular Levels
Download PDF

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.

Commercial Vehicles Tires Market CAGR (%), Growth Rate by Region
Image © Mordor Intelligence. Reuse requires attribution under CC BY 4.0.
Get Analysis on Important Geographic Markets
Download PDF

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

  1. Bridgestone Corporation

  2. Continental AG

  3. The Goodyear Tire & Rubber Company

  4. Hankook Tire & Technology

  5. Yokohama Rubber Co., Ltd.

  6. *Disclaimer: Major Players sorted in no particular order
Commercial Vehicles Tires Market Concentration
Image © Mordor Intelligence. Reuse requires attribution under CC BY 4.0.
Need More Details on Market Players and Competitors?
Download PDF

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.

Table of Contents for Commercial Vehicles Tires Industry Report

1. Introduction

  • 1.1 Study Assumptions & Market Definition
  • 1.2 Scope of the Study

2. Research Methodology

3. Executive Summary

4. Market Landscape

  • 4.1 Market Overview
  • 4.2 Market Drivers
    • 4.2.1 Rising E-Commerce Last-Mile Deliveries Boost LCV Tire Demand
    • 4.2.2 Fleet Modernization & Radialization In Emerging Markets
    • 4.2.3 Infrastructure Spending Expands Construction Haulage Fleets
    • 4.2.4 Expansion Of Global Logistics Trade Corridors
    • 4.2.5 Tire-As-A-Service Subscription Adoption By Large Fleets
    • 4.2.6 Telematics-Led Predictive Maintenance UPS Premium Tire Uptake
  • 4.3 Market Restraints
    • 4.3.1 Volatile Natural-Rubber & Crude Prices Inflate Input Costs
    • 4.3.2 Stricter Emission & Disposal Regulations On Tire Makers
    • 4.3.3 Longer-Life Low-Rolling-Resistance Tires Delay Replacement
    • 4.3.4 Retread Competition Suppresses New-Tire Demand In EMS
  • 4.4 Value / Supply-Chain Analysis
  • 4.5 Regulatory Landscape
  • 4.6 Technological Outlook
  • 4.7 Porter’s Five Forces
    • 4.7.1 Threat of New Entrants
    • 4.7.2 Bargaining Power of Suppliers
    • 4.7.3 Bargaining Power of Buyers
    • 4.7.4 Threat of Substitutes
    • 4.7.5 Competitive Rivalry

5. Market Size & Growth Forecasts (Value (USD) and Volume (Units))

  • 5.1 By Vehicle Type
    • 5.1.1 Light Commercial Vehicles (LCVs)
    • 5.1.2 Medium Commercial Vehicles (MCVs)
    • 5.1.3 Heavy Commercial Vehicles (HCVs)
  • 5.2 By Tire Type
    • 5.2.1 Radial Tires
    • 5.2.2 Bias Tires
    • 5.2.3 Solid Tires
  • 5.3 By Application
    • 5.3.1 Cargo Transportation
    • 5.3.2 Public Transportation
    • 5.3.3 Construction
    • 5.3.4 Mining
    • 5.3.5 Agriculture
  • 5.4 By Sales Channel
    • 5.4.1 OEM
    • 5.4.2 Aftermarket
  • 5.5 By Distribution Channel
    • 5.5.1 Online
    • 5.5.2 Offline
  • 5.6 By Price Category
    • 5.6.1 Budget
    • 5.6.2 Economy
    • 5.6.3 Premium
  • 5.7 By Geography
    • 5.7.1 North America
    • 5.7.1.1 United States
    • 5.7.1.2 Canada
    • 5.7.1.3 Rest of North America
    • 5.7.2 South America
    • 5.7.2.1 Brazil
    • 5.7.2.2 Argentina
    • 5.7.2.3 Rest of South America
    • 5.7.3 Europe
    • 5.7.3.1 Germany
    • 5.7.3.2 United Kingdom
    • 5.7.3.3 France
    • 5.7.3.4 Italy
    • 5.7.3.5 Spain
    • 5.7.3.6 Rest of Europe
    • 5.7.4 Asia-Pacific
    • 5.7.4.1 China
    • 5.7.4.2 India
    • 5.7.4.3 Japan
    • 5.7.4.4 South Korea
    • 5.7.4.5 Rest of Asia-Pacific
    • 5.7.5 Middle East and Africa
    • 5.7.5.1 United Arab Emirates
    • 5.7.5.2 Saudi Arabia
    • 5.7.5.3 South Africa
    • 5.7.5.4 Turkey
    • 5.7.5.5 Rest of Middle East and Africa

6. Competitive Landscape

  • 6.1 Market Concentration
  • 6.2 Strategic Moves
  • 6.3 Market Share Analysis
  • 6.4 Company Profiles (Includes Global Level Overview, Market Level Overview, Core Segments, Financials as Available, Strategic Information, Market Rank/Share for Key Companies, Products and Services, SWOT Analysis, and Recent Developments)
    • 6.4.1 Bridgestone Corporation
    • 6.4.2 Michelin
    • 6.4.3 The Goodyear Tire & Rubber Company
    • 6.4.4 Continental AG
    • 6.4.5 Hankook Tire & Technology
    • 6.4.6 Yokohama Rubber Co., Ltd.
    • 6.4.7 Sumitomo Rubber Industries, Ltd.
    • 6.4.8 Pirelli & C. S.p.A.
    • 6.4.9 Zhongce Rubber Group Co., Ltd. (ZC Rubber)
    • 6.4.10 Giti Tire Pte. Ltd.
    • 6.4.11 Apollo Tyres Ltd.
    • 6.4.12 MRF Limited
    • 6.4.13 Kumho Tire Co., Inc.
    • 6.4.14 Toyo Tire Corporation
    • 6.4.15 Nokian Tyres plc
    • 6.4.16 CEAT Ltd.
    • 6.4.17 Linglong Tire Co., Ltd.
    • 6.4.18 Double Coin Tire Group Ltd.
    • 6.4.19 Sailun Group Co., Ltd.

7. Market Opportunities & Future Outlook

  • 7.1 White-space & Unmet-Need Assessment
You Can Purchase Parts Of This Report. Check Out Prices For Specific Sections
Get Price Break-up Now

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).

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
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
Need A Different Region or Segment?
Customize Now

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.

Page last updated on:

Commercial Vehicles Tires Report Snapshots