Electric Vehicle Tire Market – Global Industry Size, Share, Trends, Opportunity, and Forecast, Segmented By Vehicle Type (Passenger Car, Light Commercial Vehicle, Medium & Heavy Commercial Vehicle, Two Wheelers, and OTR), By Demand Category (OEM and Replacement), By Tire Construction Type (Radial and Bias), By Propulsion Type (BEV, HEV and PHEV) and By Region 2021-2031F

Forecast Period	2027-2031
Market Size (2025)	USD 62.89 Billion
CAGR (2026-2031)	7.52%
Fastest Growing Segment	Radial
Largest Market	Asia Pacific
Market Size (2031)	USD 97.17 Billion

Market Overview

The Global Electric Vehicle Tire Market is projected to grow from USD 62.89 Billion in 2025 to USD 97.17 Billion by 2031 at a 7.52% CAGR. The Global Electric Vehicle Tire Market consists of the manufacturing and sale of tires engineered to manage the unique performance requirements of electric vehicles, such as higher battery weight and instant torque delivery. Market growth is fundamentally supported by the accelerating global shift toward sustainable transportation and strict government emissions regulations that necessitate the use of energy efficient tires to optimize vehicle range. According to the International Energy Agency, in 2025, global electric car sales are expected to exceed 20 million units, thereby establishing a critical demand trajectory for compatible automotive components.

Nevertheless, the industry faces a substantial hurdle regarding the technical trade off between tire longevity and energy efficiency. The increased weight and torque of electric vehicles accelerate wear, compelling manufacturers to utilize advanced and often expensive materials to ensure durability without compromising range or increasing road noise. This requirement for premium materials drives up production costs and poses a difficulty for widespread adoption in price sensitive economic regions.

Key Market Drivers

Accelerating Global Adoption of Electric Vehicles is the primary catalyst propelling the tire industry forward, as the expanding fleet of battery-powered cars creates a parallel demand for specialized components. As consumers and commercial fleets transition to zero-emission mobility, the need for replacement tires engineered to handle the specific weight and torque profiles of these vehicles rises significantly. This uptake is particularly evident in major economic regions where regulatory frameworks are effectively phasing out combustion engines. According to the European Automobile Manufacturers’ Association, January 2025, in the 'New Car Registrations' report, battery-electric vehicles accounted for 13.6% of the total new car market share in the European Union during 2024. This growing installation base is also driving a structural shift in the broader market toward larger, higher-value rim sizes that are standard on modern electric platforms. According to Michelin, February 2025, in the '2024 Annual Results', the 18-inch and larger segment reached 65% of the company's total passenger car tire sales, highlighting the rapid premiumization of the sector.

Strategic Collaborations Between Automakers and Tire Manufacturers are also critical in defining market standards and ensuring the availability of compatible products. Because electric vehicles impose unique stress on tires due to heavy battery packs and instant electric torque, tire engineers must work closely with original equipment manufacturers (OEMs) during the earliest stages of vehicle development. These technical partnerships are essential for achieving homologation, where tires are factory-approved to meet strict targets for range efficiency and cabin silence. This deep integration allows major tire producers to secure volume immediately upon a vehicle's launch. According to Continental, April 2025, in the 'Annual Report 2024', the manufacturer successfully supplied original equipment tires to 18 of the 20 highest-volume electric vehicle manufacturers worldwide in 2024. Such alliances not only validate the technology but also build long-term brand loyalty for future replacement cycles.

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Key Market Challenges

The primary challenge hampering the Global Electric Vehicle Tire Market is the prohibitive production cost associated with engineering tires that can withstand the rigorous demands of electric vehicles. Manufacturers are compelled to utilize specialized, high-grade compounds to effectively balance the conflicting requirements of extended durability and low rolling resistance. This necessity significantly elevates the final price point of EV-specific tires, creating a substantial barrier to entry in cost-conscious markets where affordability dictates purchasing decisions. Consequently, this price disparity restricts the addressable market for premium EV tires, as consumers and fleet operators in price-sensitive economic regions often opt for traditional, less efficient alternatives that do not support the vehicle's optimal performance.

Evidence of this sensitivity to cost is visible in recent trade shifts where demand is pivoting toward more affordable options. According to the European Tyre and Rubber Manufacturers' Association, in 2024, imports of passenger car and light truck tires into the European market increased by 17 percent compared to the previous year. This surge in lower-cost imports suggests that despite the technical superiority of advanced EV tires, economic pressures are driving demand toward cheaper alternatives, thereby undercutting the growth potential of the specialized electric vehicle tire sector.

Key Market Trends

The Adoption of Sustainable and Bio-Based Raw Materials in Manufacturing is transforming the sector as companies strive to decouple growth from fossil fuel reliance and reduce the carbon footprint of production. Manufacturers are increasingly substituting petrochemical derivatives with circular alternatives, such as silicate derived from rice husk ash and recycled polyester, to meet the stringent environmental standards often associated with zero-emission vehicle ownership. This material shift is substantiated by recent commercial breakthroughs where high-performance EV tires now integrate significant proportions of eco-friendly components without sacrificing the durability required for heavy battery loads. According to Continental, March 2025, in the 'UltraContact NXT Wins Sustainability Award in Automotive 2025' report, the manufacturer’s UltraContact NXT series has achieved a composition of up to 65 percent renewable, recycled, and mass-balance certified materials, establishing a new benchmark for series-production electric vehicle tires.

Simultaneously, the Incorporation of Smart Sensors and RFID for Real-Time Data Monitoring is converting tires into active diagnostic tools essential for connected electric mobility. As electric fleets expand, the necessity to predict maintenance needs and prevent costly downtime has driven the integration of software-based sensing technologies that monitor wear, load, and wheel security without requiring additional hardware hardware. This capability is becoming critical for autonomous electric logistics, where real-time feedback loops are mandatory for safety and operational efficiency. According to Sumitomo Rubber Industries, October 2025, in the press release 'Sumitomo Rubber's Proprietary Software Technology SENSING CORE Adopted for the First Time in Japan', the company successfully installed its wheel detachment prediction system as standard equipment on Isuzu Motors' new heavy-duty trucks, validating the commercial viability of virtual sensor technology for next-generation mobility platforms.

Segmental Insights

The Radial segment is currently positioned as the fastest-growing category within the Global Electric Vehicle Tire Market due to its ability to address the specific physical demands of battery-powered vehicles. Electric vehicles are significantly heavier than traditional automobiles, requiring the strengthened sidewalls and load-bearing capacity that radial construction provides. This architecture also minimizes heat accumulation and lowers rolling resistance, which is essential for maximizing battery range and energy efficiency. Furthermore, radial tires offer enhanced traction to manage the high instant torque characteristic of electric motors, making them the preferred configuration for automotive manufacturers prioritizing performance and safety.

Regional Insights

Asia Pacific dominates the global electric vehicle tire market due to the extensive production and adoption of electric vehicles, primarily in China. The region benefits from a strong supply chain, including the proximity of natural rubber resources in Southeast Asia which supports cost-effective manufacturing. Additionally, government initiatives incentivizing low-emission transportation have spurred demand, compelling tire makers to expand local capacity. This combination of accessible raw materials, high vehicle production volumes, and supportive regulatory frameworks ensures the region maintains its leading market status.

Recent Developments

• In February 2025, Michelin launched the e.Primacy All Season tire, a product developed to meet the evolving efficiency needs of drivers, particularly those with electric and hybrid vehicles. The company claimed that this new tire could increase battery range by up to 20 miles per charge compared to leading competitors, attributing this gain to advanced materials that reduced energy consumption. The tire was designed to handle the high torque and weight of electric vehicles while delivering a quiet and comfortable ride. This introduction represented a significant expansion of the manufacturer's portfolio aimed at enhancing the performance and longevity of electrified transportation.
• In January 2025, The Yokohama Rubber Co., Ltd. announced that it had commenced the supply of its ADVAN Sport EV tires as original equipment for the new ONVO L60 SUV, produced by the electric vehicle manufacturer NIO Inc. The supplied tire was an ultra-high-performance summer model developed specifically to address the unique requirements of premium electric vehicles. By utilizing a specialized compound proven to lower rolling resistance and a tread pattern optimized for drainage, the company achieved a balance of low electricity consumption and superior wet performance. This collaboration underscored the tire maker’s strategy to expand its presence in the premium electric vehicle sector.
• In June 2024, Bridgestone introduced the Turanza All Season 6 ENLITEN, a new tire designed to be fully EV-ready while catering to a wide range of vehicles. This launch integrated the company’s proprietary ENLITEN technology, which enhanced safety and performance characteristics while improving sustainability. The manufacturer reported that the tire offered 20% better mileage compared to its predecessor, addressing cost efficiency and environmental impact. Additionally, the product featured DriveGuard run-flat technology, allowing drivers to maintain control and travel safely for a limited distance after a puncture. The release schedule indicated that most sizes would be available by September 2024.
• In January 2024, The Goodyear Tire & Rubber Company unveiled the ElectricDrive 2, a new all-season tire specifically engineered for electric vehicles, during the Consumer Electronics Show. This product featured SoundComfort Technology, which utilized a built-in sound barrier to minimize interior vehicle noise, a critical factor for the quiet cabins of electric cars. The company highlighted that the tire incorporated at least 50% sustainable materials by weight, including soybean oil, rice husk ash silica, and sustainably sourced natural rubber. The design focused on improving rolling resistance and extending tread life to meet the performance demands of modern electric mobility.

Key Market Players

• The Michelin Group
• Bridgestone Corporation
• Continental AG
• Goodyear Tire and Rubber Company
• Sumitomo Rubber Industries, Ltd.
• Hankook Tire & Technology Co., Ltd.
• Pirelli & C. S.p.A.
• The Yokohama Rubber Co., Ltd.
• Zhongce Rubber Group Co., Ltd.
• Toyo Tire Corporation

By Vehicle Type	By Demand Category	By Tire Construction Type	By Propulsion Type	By Region
Passenger Car Light Commercial Vehicle Medium & Heavy Commercial Vehicle Two Wheelers OTR	OEM Replacement	Radial Bias	BEV HEV PHEV	North America Europe Asia Pacific South America Middle East & Africa

Report Scope:

In this report, the Global Electric Vehicle Tire Market has been segmented into the following categories, in addition to the industry trends which have also been detailed below:

• Electric Vehicle Tire Market, By Vehicle Type:

• Passenger Car
• Light Commercial Vehicle
• Medium & Heavy Commercial Vehicle
• Two Wheelers
• OTR

• Electric Vehicle Tire Market, By Demand Category:

• OEM
• Replacement

• Electric Vehicle Tire Market, By Tire Construction Type:

• Radial
• Bias

• Electric Vehicle Tire Market, By Propulsion Type:

• BEV
• HEV
• PHEV

• Electric Vehicle Tire Market, By Region:

• North America
• United States
• Canada
• Mexico
• Europe
• France
• United Kingdom
• Italy
• Germany
• Spain
• Asia Pacific
• China
• India
• Japan
• Australia
• South Korea
• South America
• Brazil
• Argentina
• Colombia
• Middle East & Africa
• South Africa
• Saudi Arabia
• UAE