India Advanced Tyre Market to Grow with a CAGR of 5.70% through 2030
India Advanced Tyre Market
to Grow with a CAGR of 5.70% through 2030
Growing demand for
fuel-efficient and sustainable tyre technologies, rising vehicle production
across diverse segments, and advancements in smart tyre solutions are the
factors driving the market in the forecast period 2027–2031.
According to TechSci Research report, “India Advanced Tyre
Market – Industry Size, Share, Trends, Opportunity, and Forecast, 2021-2031F”,
The India Advanced Tyre Market was valued at USD 277.52 million in 2025 and is
expected to reach USD 387.03 million by 2031 with a CAGR of 5.70% during the
forecast period. India’s advanced tyre market is evolving as buyers and fleet
owners pursue solutions that boost safety, fuel efficiency, and overall vehicle
performance. A growing number of vehicles on the road and quicker tyre
replacement sustain demand for advanced designs capable of handling diverse
road conditions. Smart tyres that track pressure, temperature, and tread life
are gaining attention, helping users improve maintenance practices and reduce
unexpected failures.
Key factors fueling market momentum include regulations pushing for
reduced emissions and better fuel economy, which encourage innovations in tyre
materials and designs. Shoppers are also becoming more environmentally
conscious, looking for tyres made with recycled or sustainable ingredients. The
transition toward electric vehicles adds another layer of complexity, requiring
specialized tyres that handle extra weight and torque. Meanwhile, the shift to
radial tyres in commercial applications is reshaping manufacturing priorities,
as businesses seek products offering longer life spans and lower operational
costs.
Emerging trends focus on digital platforms that
empower customers to research and purchase tyres online. Companies are
investing in greener manufacturing and innovative compounds that align with
sustainability goals. Nonetheless, hurdles remain, such as unpredictable
material prices, budget-focused buying behavior, and insufficient recycling
infrastructure for used tyres. The need for advanced production processes and
compliance with evolving regulations also adds pressure. Yet, the market
remains full of promise, driven by the push for higher standards and innovative
solutions.
Browse over India Advanced Tire Market data Figures spread through XX
Pages and an in-depth TOC on " India Advanced Tyre Market"
India
Advanced Tyre Market is Segmented By Vehicle, Tyre, Material and Region.
India’s advanced tyre market encompasses diverse
product categories tailored to evolving vehicle technologies and consumer
expectations. Run-flat tyres are engineered to maintain limited mobility even
after a puncture, allowing vehicles to travel short distances without immediate
repair. These tyres appeal to safety-conscious drivers who value the
convenience of not being stranded by sudden deflation. The design incorporates
reinforced sidewalls and specialized rubber compounds capable of supporting
vehicle weight despite air loss. As awareness grows around safety and reduced
roadside risks, run-flat solutions continue finding applications in both
premium passenger vehicles and select commercial fleets.
Pneumatic tyres remain a staple across segments due
to their superior ride comfort, flexibility, and adaptability to diverse
surfaces. Advances in tread designs, compound chemistry, and radial
construction have significantly enhanced the performance of pneumatic tyres,
improving grip, fuel efficiency, and wear resistance. These products dominate
usage in passenger cars, commercial vehicles, and off-highway machinery,
adapting seamlessly to the varied demands of urban and rural roads.
Manufacturers continually innovate within this segment, introducing features
like noise reduction, improved rolling resistance, and materials supporting
sustainability objectives. Across all tyre types, the market reflects an
expanding focus on safety, efficiency, and tailored solutions that address the
specific needs of modern transportation.
The southern region of India stands out as a rapidly
growing landscape for advanced tyres, driven by diverse mobility needs and
expanding automotive activities. Urban centers in the South witness rising
vehicle ownership as economic growth fuels personal and commercial
transportation. The dense mix of passenger vehicles, commercial fleets, and
two-wheelers creates robust demand for tyres that balance comfort, durability,
and performance. Consumers increasingly seek advanced solutions that offer
safety and longer service life, especially in congested urban environments
where frequent braking and acceleration place unique stress on tyres.
The South’s strong industrial base, encompassing
manufacturing, logistics, and agriculture, contributes significantly to tyre
demand across different segments. Industrial operations require specialty tyres
capable of withstanding heavy loads, harsh surfaces, and demanding usage
cycles. The region’s diverse geography, with hilly terrains, coastal routes,
and bustling urban streets, drives the need for specialized tyre technologies
that deliver consistent traction, heat resistance, and performance under
varying environmental conditions. As logistics networks expand to meet
e-commerce and supply chain needs, advanced tyres become essential tools in
minimizing operational costs for fleets.
Major Market
Players Operating in India Advanced Tyre Market Are:
- Apollo Tyres Ltd.
- Bridgestone Corporation
- Continental AG
- Goodyear Tyre & Rubber
Company
- Kumho Tyre Co. Inc.
- Michelin Group
- MRF Limited
- Pirelli & C. S.p.A.
- Sumitomo Rubber Industries Ltd
-
Yokohama Rubber Company Limited
Download Sample Report
Customers can also request for 10% free customization on this report.
“India’s
advanced tyre market is evolving rapidly as consumers and industries prioritize
safety, fuel efficiency, and sustainability. Innovations span run-flat,
airless, and pneumatic tyres, driven by shifting mobility patterns, regulatory
mandates, and electric vehicle adoption. The South region emerges as a growth
hotspot, fueled by industrial expansion, urbanization, and rising consumer
awareness of advanced tyre benefits. Despite challenges like fluctuating raw
material costs and price-sensitive buyers, opportunities remain robust for
smart, sustainable, and high-performance tyre solutions. As technological
advancements and digital engagement reshape the sector, the market is poised
for significant growth through 2027-2031.” said Mr. Karan Chechi, Research
Director with TechSci Research, a research based global management consulting
firm.
The report
titled “India Advanced Tyre Market – Industry Size, Share, Trends, Opportunity,
and Forecast, By Vehicle (On-Highway Vehicle and Off-Highway Vehicle), By Tyre
(Run-Flat, Airless and Pneumatic), By Material (Natural Rubber, Synthetic
Rubber, Steel, Elastomers and Others), By Region & Competition, 2021-2031F”,
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 India Advanced
Tyre Market.
Contact Us-
TechSci Research
LLC
420 Lexington Avenue, Suite 300,
New York, United States - 10170
M: +13322586602
Email: [email protected]
Website: www.techsciresearch.com