Ultra-High Performance (UHP) Tire Market Size and Outlook 2031

Report Description

Forecast Period	2027-2031
Market Size (2025)	USD 50.21 Billion
CAGR (2026-2031)	8.15%
Fastest Growing Segment	Tread Tire
Largest Market	Asia Pacific
Market Size (2031)	USD 80.34 Billion

Market Overview

The Global Ultra-High Performance (UHP) Tire Market will grow from USD 50.21 Billion in 2025 to USD 80.34 Billion by 2031 at a 8.15% CAGR. Global Ultra-High Performance (UHP) tires are specialized radial products typically featuring a speed rating of V or higher and a low aspect ratio, designed to deliver superior steering precision and cornering stability. The market is primarily propelled by the rising penetration of luxury vehicles and Sports Utility Vehicles (SUVs), which necessitate robust tires capable of handling increased weight and torque. Additionally, the automotive sector’s structural shift toward electric mobility acts as a critical driver, as OEMs increasingly mandate high-load capacity tires to maintain safety and performance standards for heavier battery-powered models.

However, the market faces a significant challenge regarding economic volatility and manufacturing contractions which can impede steady expansion. High raw material costs and inflationary pressures have recently constrained industry output and delayed inventory replenishment. According to the Japan Automobile Tyre Manufacturers Association, in 2024, the production volume of automobile tires decreased by 5.8% compared to the previous year. Such downturns in manufacturing output highlight how macroeconomic headwinds can temporarily restrict the broader availability and growth trajectory of the premium tire segment until global supply chains fully stabilize.

Key Market Drivers

The rising global demand for luxury and high-performance vehicles acts as the primary catalyst propelling the Global Ultra-High Performance (UHP) Tire Market. As automotive manufacturers increasingly prioritize larger rim diameters and superior handling capabilities to distinguish premium models, the necessity for UHP tires—defined by their ability to support higher speeds and precise cornering—has surged substantially. This structural shift is evident in the strategic pivot of major manufacturers toward high-inch mix availability to capture higher margins. According to the European Rubber Journal, November 2024, in the 'High-value tire sales keep Pirelli on-track' report, Pirelli recorded that high-value tires represented 76% of its total sales during the first nine months of 2024, underscoring the critical revenue contribution of this premium category.

Simultaneously, the accelerated adoption of electric vehicles (EVs) is reshaping tire engineering requirements, acting as a vital secondary driver. EVs exert significantly higher torque and carry heavier battery loads compared to internal combustion engines, necessitating specialized UHP tires that offer robust sidewalls and enhanced grip without compromising range. According to the International Energy Agency (IEA), in 2024, global electric car sales were projected to reach approximately 17 million units, creating a substantial OEM and replacement market for these specialized compounds. This sector-specific growth aligns with broader industry resilience; according to the U.S. Tire Manufacturers Association (USTMA), December 2024, in the 'USTMA's November 2024 Forecast', total U.S. tire shipments were projected to reach 338.9 million units, reflecting the robust demand environment underpinning these advanced tire segments.

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Key Market Challenges

Economic volatility and manufacturing contractions fundamentally disrupt the supply-demand equilibrium necessary for the expansion of the Global Ultra-High Performance (UHP) Tire Market. As production costs escalate due to inflationary pressures on essential raw materials, manufacturers are often compelled to scale back operations, leading to inventory shortages in the premium segment. This contraction is particularly damaging because UHP tires require specialized materials and engineering processes that are highly sensitive to cost fluctuations. Consequently, the inability to maintain consistent output levels directly hampers the industry's ability to meet the immediate requirements of luxury and electric vehicle manufacturers, creating a bottleneck that stalls revenue growth.

The impact of these macroeconomic headwinds is evident in the reduced volume of tires being shipped to automotive manufacturers, which serves as a critical distribution channel for high-performance products. According to the 'U.S. Tire Manufacturers Association', in '2024', original equipment shipments for passenger tires were projected to decline by 2.6% compared to the previous year. This downturn in shipments indicates a weakening in the primary market for new UHP tire installations. When automakers reduce their procurement due to broader economic instability, it creates a ripple effect that restricts the overall market size, preventing the UHP segment from capitalizing on potential demand during periods of financial uncertainty.

Key Market Trends

The adoption of sustainable and bio-based manufacturing materials is fundamentally altering the Global Ultra-High Performance (UHP) Tire Market as manufacturers strive to decouple performance from fossil fuel dependency. Engineering teams are increasingly substituting conventional elastomers with circular alternatives, such as rice husk silica and recycled polyester, to meet stringent environmental regulations without sacrificing the thermal stability required for high-speed driving. This transition toward eco-friendly compounds is now quantifying into tangible production metrics for major industry players. According to the European Rubber Journal, June 2025, in the 'Conti to boost share of sustainable materials in tire production' report, Continental AG recorded that the share of renewable and recycled materials across its tires averaged 26% in 2024, signaling a permanent shift in material composition strategies.

Simultaneously, the market is witnessing a decisive shift toward larger rim diameters and low-profile fitments, effectively making 18-inch and larger sizes the new baseline for performance applications rather than a niche enhancement. This trend is driven by the physics of UHP handling, where shorter sidewalls reduce deformation during aggressive cornering, providing the direct feedback and structural rigidity demanded by modern chassis systems. The commercial dominance of these fitments is now statistically evident, confirming their status as the volume standard for the segment. According to Michelin, February 2025, in the '2024 Annual Results', the 18-inch and larger segment accounted for 65% of the company’s passenger car tire sales, highlighting the mass migration toward these larger, performance-oriented specifications.

Segmental Insights

The Tread Tire segment is currently the fastest growing category within the Global Ultra-High Performance (UHP) Tire Market. This expansion is primarily driven by the rising production of high performance road vehicles that require tires compliant with public safety regulations. Unlike track specific slicks, tread tires utilize directional and asymmetric patterns designed to enhance water evacuation and minimize hydroplaning risks. This functional necessity ensures reliable traction and handling in variable weather conditions, making tread tires the primary choice for consumers seeking to maximize vehicle stability without compromising road legality.

Regional Insights

Based on current market data, Asia Pacific stands as the dominant region in the Global Ultra-High Performance (UHP) Tire Market, primarily due to its status as the world's largest automotive manufacturing hub. This leadership is underpinned by robust demand for luxury and sports vehicles in major economies such as China and Japan, where rising disposable incomes enable consumers to prioritize vehicle performance and safety. Furthermore, the presence of key industry players and continuous advancements in tire technology for improved fuel efficiency and grip support this expansion. Data from the China Association of Automobile Manufacturers regarding high vehicle production volumes validates the strong industrial foundation driving this regional market leadership.

Recent Developments

In March 2025, Pirelli & C. S.p.A. launched the fifth generation of its iconic P Zero tire, marking a major evolution in its ultra-high performance product line. The company utilized artificial intelligence and virtual prototyping techniques during the development process to enhance the tire's structure and tread design. This new iteration achieved the highest "A" rating for wet grip on the European label and offered improved rolling resistance to support electric mobility. The launch highlighted the brand's forty-year history of innovation in the sector, with the new tire specifically designed to meet the evolving demands of the global premium and prestige automotive markets.
In October 2024, Toyo Tire U.S.A. Corp. introduced the Proxes Sport 2, a maximum performance summer tire designed for sports cars, hybrids, and electric vehicles. The new tire utilized advanced sustainable materials, including a specialized high-silica compound that significantly reduced braking distances on both wet and dry surfaces compared to its predecessor. The product featured an asymmetric tread pattern and a dynamic taper design to optimize contact pressure during acceleration and cornering. The Senior Manager of Consumer Products at the company noted that the tire was developed to deliver precise handling and exceptional grip, catering to enthusiasts seeking superior performance in the UHP segment.
In April 2024, The Goodyear Tire & Rubber Company announced a significant collaboration with a German sports car manufacturer to homologate its Eagle F1 SuperSport R and SuperSport RS tires. These ultra-ultra high performance (UUHP) tires were selected as original equipment for the track-focused 911 GT3 RS model. The partnership involved extensive joint development to create a tire that delivered race-ready traction while remaining road-legal. The Managing Director of OE Consumer at Goodyear EMEA stated that the tires featured specialized high-friction compounds and structural enhancements like "Bridge Assist" technology to ensure optimal cornering stability and precise steering response for the high-performance vehicle.
In January 2024, Yokohama Tire launched the ADVAN Sport EV A/S, its first ultra-high performance all-season tire specifically engineered for electric vehicles. This new product introduced the proprietary "E+" badge, signifying its compatibility with the unique torque and weight requirements of battery electric vehicles. The tire was designed to offer extended tread life and responsive handling by utilizing a specialized compound with increased silica content. Available in various fitments ranging from 18 to 20 inches, the tire aimed to provide a quieter ride and superior braking performance, directly addressing the evolving needs of EV drivers in the global performance market.

Key Market Players

Bridgestone Corporation
Continental AG
Goodyear Tire & Rubber Company
Hankook Tire & Technology Co. Ltd
Kumho Tire Co. Inc.
Michelin
MRF Limited
Pirelli & C. SpA
Sumitomo Rubber Industries Ltd
Yokohama Rubber Co. Ltd

By Tire Type	By Demand Category	By Vehicle Type	By Region
Racing Slick Tread Tire and Other	OEM and Replacement	Racing Cars and Off-road Vehicles	North America Europe Asia Pacific South America Middle East & Africa

Report Scope:

In this report, the Global Ultra-High Performance (UHP) Tire Market has been segmented into the following categories, in addition to the industry trends which have also been detailed below:

Ultra-High Performance (UHP) Tire Market, By Tire Type:

Racing Slick
Tread Tire
and Other

Ultra-High Performance (UHP) Tire Market, By Demand Category:

OEM and Replacement

Ultra-High Performance (UHP) Tire Market, By Vehicle Type:

Racing Cars and Off-road Vehicles

Ultra-High Performance (UHP) 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

Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in the Global Ultra-High Performance (UHP) Tire Market.

Available Customizations:

Global Ultra-High Performance (UHP) Tire Market report with the given market data, TechSci Research offers customizations according to a company's specific needs. The following customization options are available for the report:

Company Information

Detailed analysis and profiling of additional market players (up to five).

Global Ultra-High Performance (UHP) Tire Market is an upcoming report to be released soon. If you wish an early delivery of this report or want to confirm the date of release, please contact us at [email protected]

Table of content

1. Product Overview

1.1. Market Definition

1.2. Scope of the Market

1.2.1. Markets Covered

1.2.2. Years Considered for Study

1.2.3. Key Market Segmentations

2. Research Methodology

2.1. Objective of the Study

2.2. Baseline Methodology

2.3. Key Industry Partners

2.4. Major Association and Secondary Sources

2.5. Forecasting Methodology

2.6. Data Triangulation & Validation

2.7. Assumptions and Limitations

3. Executive Summary

3.1. Overview of the Market

3.2. Overview of Key Market Segmentations

3.3. Overview of Key Market Players

3.4. Overview of Key Regions/Countries

3.5. Overview of Market Drivers, Challenges, Trends

4. Voice of Customer

5. Global Ultra-High Performance (UHP) Tire Market Outlook

5.1. Market Size & Forecast

5.1.1. By Value

5.2. Market Share & Forecast

5.2.1. By Tire Type (Racing Slick, Tread Tire, and Other)

5.2.2. By Demand Category (OEM and Replacement)

5.2.3. By Vehicle Type (Racing Cars and Off-road Vehicles)

5.2.4. By Region

5.2.5. By Company (2025)

5.3. Market Map

6. North America Ultra-High Performance (UHP) Tire Market Outlook

6.1. Market Size & Forecast

6.1.1. By Value

6.2. Market Share & Forecast

6.2.1. By Tire Type

6.2.2. By Demand Category

6.2.3. By Vehicle Type

6.2.4. By Country

6.3. North America: Country Analysis

6.3.1. United States Ultra-High Performance (UHP) Tire Market Outlook

6.3.1.1. Market Size & Forecast

6.3.1.1.1. By Value

6.3.1.2. Market Share & Forecast

6.3.1.2.1. By Tire Type

6.3.1.2.2. By Demand Category

6.3.1.2.3. By Vehicle Type

6.3.2. Canada Ultra-High Performance (UHP) Tire Market Outlook

6.3.2.1. Market Size & Forecast

6.3.2.1.1. By Value

6.3.2.2. Market Share & Forecast

6.3.2.2.1. By Tire Type

6.3.2.2.2. By Demand Category

6.3.2.2.3. By Vehicle Type

6.3.3. Mexico Ultra-High Performance (UHP) Tire Market Outlook

6.3.3.1. Market Size & Forecast

6.3.3.1.1. By Value

6.3.3.2. Market Share & Forecast

6.3.3.2.1. By Tire Type

6.3.3.2.2. By Demand Category

6.3.3.2.3. By Vehicle Type

7. Europe Ultra-High Performance (UHP) Tire Market Outlook

7.1. Market Size & Forecast

7.1.1. By Value

7.2. Market Share & Forecast

7.2.1. By Tire Type

7.2.2. By Demand Category

7.2.3. By Vehicle Type

7.2.4. By Country

7.3. Europe: Country Analysis

7.3.1. Germany Ultra-High Performance (UHP) Tire Market Outlook

7.3.1.1. Market Size & Forecast

7.3.1.1.1. By Value

7.3.1.2. Market Share & Forecast

7.3.1.2.1. By Tire Type

7.3.1.2.2. By Demand Category

7.3.1.2.3. By Vehicle Type

7.3.2. France Ultra-High Performance (UHP) Tire Market Outlook

7.3.2.1. Market Size & Forecast

7.3.2.1.1. By Value

7.3.2.2. Market Share & Forecast

7.3.2.2.1. By Tire Type

7.3.2.2.2. By Demand Category

7.3.2.2.3. By Vehicle Type

7.3.3. United Kingdom Ultra-High Performance (UHP) Tire Market Outlook

7.3.3.1. Market Size & Forecast

7.3.3.1.1. By Value

7.3.3.2. Market Share & Forecast

7.3.3.2.1. By Tire Type

7.3.3.2.2. By Demand Category

7.3.3.2.3. By Vehicle Type

7.3.4. Italy Ultra-High Performance (UHP) Tire Market Outlook

7.3.4.1. Market Size & Forecast

7.3.4.1.1. By Value

7.3.4.2. Market Share & Forecast

7.3.4.2.1. By Tire Type

7.3.4.2.2. By Demand Category

7.3.4.2.3. By Vehicle Type

7.3.5. Spain Ultra-High Performance (UHP) Tire Market Outlook

7.3.5.1. Market Size & Forecast

7.3.5.1.1. By Value

7.3.5.2. Market Share & Forecast

7.3.5.2.1. By Tire Type

7.3.5.2.2. By Demand Category

7.3.5.2.3. By Vehicle Type

8. Asia Pacific Ultra-High Performance (UHP) Tire Market Outlook

8.1. Market Size & Forecast

8.1.1. By Value

8.2. Market Share & Forecast

8.2.1. By Tire Type

8.2.2. By Demand Category

8.2.3. By Vehicle Type

8.2.4. By Country

8.3. Asia Pacific: Country Analysis

8.3.1. China Ultra-High Performance (UHP) Tire Market Outlook

8.3.1.1. Market Size & Forecast

8.3.1.1.1. By Value

8.3.1.2. Market Share & Forecast

8.3.1.2.1. By Tire Type

8.3.1.2.2. By Demand Category

8.3.1.2.3. By Vehicle Type

8.3.2. India Ultra-High Performance (UHP) Tire Market Outlook

8.3.2.1. Market Size & Forecast

8.3.2.1.1. By Value

8.3.2.2. Market Share & Forecast

8.3.2.2.1. By Tire Type

8.3.2.2.2. By Demand Category

8.3.2.2.3. By Vehicle Type

8.3.3. Japan Ultra-High Performance (UHP) Tire Market Outlook

8.3.3.1. Market Size & Forecast

8.3.3.1.1. By Value

8.3.3.2. Market Share & Forecast

8.3.3.2.1. By Tire Type

8.3.3.2.2. By Demand Category

8.3.3.2.3. By Vehicle Type

8.3.4. South Korea Ultra-High Performance (UHP) Tire Market Outlook

8.3.4.1. Market Size & Forecast

8.3.4.1.1. By Value

8.3.4.2. Market Share & Forecast

8.3.4.2.1. By Tire Type

8.3.4.2.2. By Demand Category

8.3.4.2.3. By Vehicle Type

8.3.5. Australia Ultra-High Performance (UHP) Tire Market Outlook

8.3.5.1. Market Size & Forecast

8.3.5.1.1. By Value

8.3.5.2. Market Share & Forecast

8.3.5.2.1. By Tire Type

8.3.5.2.2. By Demand Category

8.3.5.2.3. By Vehicle Type

9. Middle East & Africa Ultra-High Performance (UHP) Tire Market Outlook

9.1. Market Size & Forecast

9.1.1. By Value

9.2. Market Share & Forecast

9.2.1. By Tire Type

9.2.2. By Demand Category

9.2.3. By Vehicle Type

9.2.4. By Country

9.3. Middle East & Africa: Country Analysis

9.3.1. Saudi Arabia Ultra-High Performance (UHP) Tire Market Outlook

9.3.1.1. Market Size & Forecast

9.3.1.1.1. By Value

9.3.1.2. Market Share & Forecast

9.3.1.2.1. By Tire Type

9.3.1.2.2. By Demand Category

9.3.1.2.3. By Vehicle Type

9.3.2. UAE Ultra-High Performance (UHP) Tire Market Outlook

9.3.2.1. Market Size & Forecast

9.3.2.1.1. By Value

9.3.2.2. Market Share & Forecast

9.3.2.2.1. By Tire Type

9.3.2.2.2. By Demand Category

9.3.2.2.3. By Vehicle Type

9.3.3. South Africa Ultra-High Performance (UHP) Tire Market Outlook

9.3.3.1. Market Size & Forecast

9.3.3.1.1. By Value

9.3.3.2. Market Share & Forecast

9.3.3.2.1. By Tire Type

9.3.3.2.2. By Demand Category

9.3.3.2.3. By Vehicle Type

10. South America Ultra-High Performance (UHP) Tire Market Outlook

10.1. Market Size & Forecast

10.1.1. By Value

10.2. Market Share & Forecast

10.2.1. By Tire Type

10.2.2. By Demand Category

10.2.3. By Vehicle Type

10.2.4. By Country

10.3. South America: Country Analysis

10.3.1. Brazil Ultra-High Performance (UHP) Tire Market Outlook

10.3.1.1. Market Size & Forecast

10.3.1.1.1. By Value

10.3.1.2. Market Share & Forecast

10.3.1.2.1. By Tire Type

10.3.1.2.2. By Demand Category

10.3.1.2.3. By Vehicle Type

10.3.2. Colombia Ultra-High Performance (UHP) Tire Market Outlook

10.3.2.1. Market Size & Forecast

10.3.2.1.1. By Value

10.3.2.2. Market Share & Forecast

10.3.2.2.1. By Tire Type

10.3.2.2.2. By Demand Category

10.3.2.2.3. By Vehicle Type

10.3.3. Argentina Ultra-High Performance (UHP) Tire Market Outlook

10.3.3.1. Market Size & Forecast

10.3.3.1.1. By Value

10.3.3.2. Market Share & Forecast

10.3.3.2.1. By Tire Type

10.3.3.2.2. By Demand Category

10.3.3.2.3. By Vehicle Type

11. Market Dynamics

11.1. Drivers

11.2. Challenges

12. Market Trends & Developments

12.1. Merger & Acquisition (If Any)

12.2. Product Launches (If Any)

12.3. Recent Developments

13. Global Ultra-High Performance (UHP) Tire Market: SWOT Analysis

14. Porter's Five Forces Analysis

14.1. Competition in the Industry

14.2. Potential of New Entrants

14.3. Power of Suppliers

14.4. Power of Customers

14.5. Threat of Substitute Products

15. Competitive Landscape

15.1. Bridgestone Corporation

15.1.1. Business Overview

15.1.2. Products & Services

15.1.3. Recent Developments

15.1.4. Key Personnel

15.1.5. SWOT Analysis

15.2. Continental AG

15.3. Goodyear Tire & Rubber Company

15.4. Hankook Tire & Technology Co. Ltd

15.5. Kumho Tire Co. Inc.

15.6. Michelin

15.7. MRF Limited

15.8. Pirelli & C. SpA

15.9. Sumitomo Rubber Industries Ltd

15.10. Yokohama Rubber Co. Ltd

16. Strategic Recommendations

17. About Us & Disclaimer

Report Description

Table of content

Figures and Tables

Frequently asked questions

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