Asia Pacific Ultra High-Performance (UHP) Tire Market to Grow with a CAGR of 8.80% through 2030
Rising demand for premium and sports vehicles, increasing adoption of
advanced tire technologies, and expanding motorsports activities are the
factors driving the market in the forecast period 2026–2030.
According to TechSci Research report, “Asia Pacific Ultra
High-Performance (UHP) Tire Market – By Country, Competition, Opportunities and Forecast, 2020-2030F”, The Asia Pacific Ultra High-Performance
(UHP) Tire Market was valued at USD 5.44 Billion in 2024 and is expected to
reach USD 9.02 Billion by 2030 with a CAGR of 8.80% during the forecast period.
The Asia Pacific Ultra High-Performance (UHP) tire market is evolving
rapidly, supported by the region’s expanding base of high-speed expressways,
increasing regulatory focus on vehicular safety, and growing consumer awareness
of tire specifications. As governments tighten performance and safety standards
for tires, particularly for vehicles operating at high speeds, demand for UHP
tires with certified braking performance and thermal resistance is rising. This
has encouraged OEMs to equip premium variants of sedans and crossovers with UHP
tires as standard fitment. Furthermore, the emergence of performance-focused
mid-range vehicles has broadened the potential user base beyond luxury car
owners, prompting tire makers to diversify their offerings across multiple
price segments.
The rise of digital retail channels has significantly contributed to
market momentum. Consumers are now able to compare performance ratings, speed
indices, and treadwear data online, enabling more informed purchasing
decisions, especially for UHP tires known for their specialized features.
Simultaneously, the integration of vehicle-specific tire recommendations in
online platforms is supporting aftermarket sales.
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Asia Pacific Ultra High-Performance
(UHP) Tire Market Is Segmented by Vehicle Type, Demand Category, and Country.
The replacement segment
was the fastest-growing category in the Asia Pacific UHP tire market in 2024.
Growth was driven by rising demand from high-performance vehicle owners
upgrading worn or stock tires. The expanding used-car market, combined with
increased reliance on e-commerce for tire selection and installation, supported
aftermarket growth. Road safety regulations and greater vehicle usage led to
more frequent replacements, especially among fleet and ride-hailing operators.
Manufacturers responded with durable, feature-rich UHP tires offering long
warranties, boosting replacement sales further.
India led regional growth
in 2024, driven by rising incomes, performance vehicle interest, and improved
road infrastructure. Consumers increasingly replaced stock tires with UHP
options, especially for premium and electric vehicles. Strong digital retail
channels, growing motorsport interest, and widespread installer networks
supported the replacement trend, positioning India as the fastest-growing UHP
tire market in Asia Pacific.
Major Market Players
Operating in Asia Pacific Ultra High-Performance (UHP) Tire Market Are:
- Bridgestone Corporation
- Michelin Group
- The Goodyear Tire & Rubber Company
- Continental AG
- Pirelli & C. S.p.A.
- Yokohama Rubber Company, Limited
- Hankook Tire & Technology Co., Ltd.
- Kumho Tire Co., Inc.
- Sumitomo Rubber Industries, Ltd.
- Toyo Tire Corporation
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“Reducing unsprung weight through lightweight tire construction is gaining importance in the UHP tire segment. Lighter tires improve vehicle acceleration, braking, and fuel efficiency by decreasing rotational mass. The use of advanced materials such as carbon fiber reinforcements and high-strength polymers allows manufacturers to produce tires that maintain strength and durability while minimizing weight. This trend is closely linked with the growth of performance-oriented electric and hybrid vehicles that benefit from weight savings to maximize battery efficiency and driving range. Lightweight tires also enhance ride comfort and reduce wear on suspension components. Advances in manufacturing techniques, including precision molding and novel compound formulations, support the production of lightweight UHP tires without compromising safety or performance”, said Mr. Karan Chechi, Research Director of TechSci Research, a
research-based global management consulting firm.
“Asia Pacific Ultra High-Performance (UHP) Tire
Market By Vehicle
Type (Passenger Car, Two-wheeler), By Demand Category (OEM, Replacement), By Country, Competition, Opportunities and Forecast, 2020-2030F”, assesses the market's future growth potential and
provides data on market size, trends, and forecasts. It aims to offer
comprehensive market insights, helping decision-makers make informed investment
choices. The report also highlights emerging trends, key drivers, challenges,
and opportunities in the Asia Pacific Ultra High-Performance (UHP) Tire Market.
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