Industry Overview
The EV Tires Market is expected to reach 23.7Billion by 2032 and is growing at a CAGR of 12.30% between 2024 to 2032.EV Tires Market Size in (USD Billion) CAGR Growth Rate 12.30%
| Study Period | 2020-2032 |
| Market Size (2024): | 9.4Billion |
| Market Size (2032): | 23.7Billion |
| CAGR (2024 - 2032): | 12.30% |
| Fastest Growing Region | Asia-Pacific |
| Dominating Region | Europe |
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The EV Tires Market refers to specially engineered tires for electric vehicles, designed to address the unique weight, torque, and noise requirements of EVs. These tires typically feature low rolling resistance to enhance battery efficiency, reinforced sidewalls for heavier vehicle loads, and tread patterns optimized for reduced road noise. The market is expanding alongside global EV sales, as traditional tires may not offer adequate performance, wear resistance, or energy conservation. Major tire manufacturers are investing in smart tire technologies that monitor pressure, temperature, and tread wear in real time. Demand is highest in regions with mature EV infrastructure, including Europe, North America, and China. Sustainability is a growing focus, with manufacturers exploring recycled materials and bio-based rubbers. Challenges include higher R&D and production costs. EV tires are pivotal to range optimization, safety, and performance, playing a critical role in the transition to electrified, sustainable transportation.
The consumer goods market consists of various components, including product categories (durable and non-durable goods), distribution channels (retail stores, e-commerce, and wholesalers), and market segmentation based on demographics and consumer behavior. Marketing strategies, such as advertising and branding, play a crucial role in attracting consumers, while trends like sustainability and health consciousness influence purchasing decisions. Additionally, the regulatory environment impacts product development, and effective supply chain management ensures timely delivery. Pricing strategies must consider competition and consumer demand to optimize sales. Together, these elements shape the dynamics of the consumer goods market.
Market Segmentation
Selecting segmentation criteria in Michelin (France),Bridgestone (Japan),Continental (Germany),Goodyear (USA),Pirelli (Italy),Nokian Tyres (Finland),Hankook (S Korea),Kumho (S Korea),Yokohama (Japan),Cooper (USA),BF Goodrich (USA),Nexen (S Korea),Maxxis (Taiwan),Toyo (Japan),Sumitomo (Japan),Apollo Tyres (India),Giti Tire (Singapore),ZF Friedrichshafen (Germany),CST Tires (Taiwan) involves several key steps. Researchers begin by defining their objectives, such as understanding consumer behavior or identifying market opportunities. They then gather relevant data on demographics, psychographics, and buying behavior. Next, they identify segmentation variables like age, location, lifestyle, and purchase patterns. Using analytical tools, they analyze the data to find distinct market segments and evaluate their attractiveness based on size, growth potential, and alignment with business goals. Detailed profiles are created for each segment, and the most promising ones are selected for targeting. Finally, tailored marketing strategies are developed, and the performance of these strategies is monitored and adjusted as needed. This process ensures that segmentation effectively identifies valuable market opportunities and aligns with strategic goals.The Europe Region holds a dominant market share, primarily driven by growing consumption patterns, a rising population, and robust economic activity that fuels market demand. Meanwhile, the Asia-Pacific Region is experiencing the fastest growth, propelled by increasing infrastructure developments, expanding industrial activities, and a surge in consumer demand, positioning it as a key driver for future market expansion.
Segmentation by Type
- Low Rolling Resistance Tires
- High Load-Bearing Tires
- All-Season Tires
- Noise-Reduction Tires
EV Tires Market Segmentation by Type
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Segmentation by Application
- Passenger EVs
- Commercial EVs
- Two-wheelers
- Performance EVs
- EV Buses
EV Tires Market Segmentation by Application
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Regional Insight
The EV Tires varies widely by region, reflecting diverse economic conditions and consumer preferences. In North America, the focus is on convenience and premium products, driven by high disposable incomes and a strong e-commerce sector. Europe’s market is fragmented, with Western countries emphasizing luxury and organic goods, while Eastern Europe sees rapid growth. Asia-Pacific is a fast-growing region with high demand for both high-tech and affordable products, driven by urbanization and rising middle-class incomes. Latin America prioritizes affordability amidst economic fluctuations, with Brazil and Mexico leading in market growth. In the Middle East and Africa, market trends are influenced by cultural preferences, with luxury goods prominent in the Gulf States and gradual growth in sub-Saharan Africa. Global trends like sustainability and digital transformation are impacting all regions.
The Europe dominant region currently dominates the market share, fueled by increasing consumption, population growth, and sustained economic progress that collectively enhance market demand. Conversely, the Asia-Pacific is the fastest-growing that is rapidly becoming the fastest-growing region, driven by significant infrastructure investments, industrial expansion, and rising consumer demand.
Regions
- North America
- LATAM
- West Europe
- Central & Eastern Europe
- Northern Europe
- Southern Europe
- East Asia
- Southeast Asia
- South Asia
- Central Asia
- Oceania
- MEA
Fastest Growing Region
Asia-Pacific
![Asia-Pacific dominates EV Tires Market [2020 to 2024]](https://www.htfmarketinsights.com/assets_n/img/region/continent/asia_pacific_wn.png)
Dominating Region
Europe
![Europe dominates EV Tires Market [2020 to 2024]](https://www.htfmarketinsights.com/assets_n/img/region/continent/europe_wn.png)
Key Players
The companies highlighted in this profile were selected based on insights from primary experts and an evaluation of their market penetration, product offerings, and geographical reach:
- Michelin (France)
- Bridgestone (Japan)
- Continental (Germany)
- Goodyear (USA)
- Pirelli (Italy)
- Nokian Tyres (Finland)
- Hankook (S Korea)
- Kumho (S Korea)
- Yokohama (Japan)
- Cooper (USA)
- BF Goodrich (USA)
- Nexen (S Korea)
- Maxxis (Taiwan)
- Toyo (Japan)
- Sumitomo (Japan)
- Apollo Tyres (India)
- Giti Tire (Singapore)
- ZF Friedrichshafen (Germany)
- CST Tires (Taiwan)
EV Tires Market Segmentation by Players
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Report Infographics:
| Report Features | Details |
| Base Year | 2024 |
| Based Year Market Size 2024 | 9.4Billion |
| Historical Period Market Size 2020 | 5.6Billion |
| CAGR (2024to 2032) | 12.30% |
| Forecast Period | 2024 to 2032 |
| Forecasted Period Market Size 2032 | 23.7Billion |
| Scope of the Report | Low Rolling Resistance Tires,High Load-Bearing Tires,All-Season Tires,Noise-Reduction Tires, Passenger EVs,Commercial EVs,Two-wheelers,Performance EVs,EV Buses |
| Regions Covered | North America, Europe, Asia Pacific, South America, and MEA |
| Year-on-Year Growth | 5.60% |
| Companies Covered | Michelin (France),Bridgestone (Japan),Continental (Germany),Goodyear (USA),Pirelli (Italy),Nokian Tyres (Finland),Hankook (S Korea),Kumho (S Korea),Yokohama (Japan),Cooper (USA),BF Goodrich (USA),Nexen (S Korea),Maxxis (Taiwan),Toyo (Japan),Sumitomo (Japan),Apollo Tyres (India),Giti Tire (Singapore),ZF Friedrichshafen (Germany),CST Tires (Taiwan) |
| Customization Scope | 15% Free Customization (For EG) |
| Delivery Format | PDF and Excel through Email |
EV Tires Market Dynamics
The EV Tires is driven by factors such as increasing demand in end-use industries, technological advancements, research and development (R&D), economic growth, and increasing global trade.Influencing Trend:
- Use of low rolling-resistance compound
- Noise reduction via foam liners
- Multi-layer carcass EV tire builds
- Smart tread sensors
Market Growth Drivers:
- Need To Reduce Rolling Resistance For Range
- Shift To All-season EV Drivetrain Demands
- Emission Regulations Pushing Tire Efficiency
- Growing EV Market Penetration
Challenges:
- Balancing Grip And Efficiency
- Wear Durability Under EV Torque
- Costliest Compound Materials
- Recycling Of Complex Tire Constituents
Opportunities:
- Licensing Biodegradable Tread Materials
- IoT Tire Sensor Retrofit Kits
- EV Tire Subscription Models
Regulatory Framework
The regulatory framework for the EV Tires ensures product safety, fair competition, and consumer protection. It encompasses setting standards for product quality and safety, enforcing truthful advertising and labeling, and implementing environmental sustainability practices. Regulations include robust procedures for product recalls, data protection, and anti-competitive practices, while also overseeing import/export controls and intellectual property rights. Regulatory bodies enforce these rules through inspections and penalties, and consumer education programs help individuals make informed decisions. This framework aims to protect consumers, promote fair market conditions, and encourage ethical business practices.Competitive Insights
The key players in the EV Tires are intensifying their focus on research and development (R&D) activities to innovate and stay competitive. Major companies, such as Michelin (France),Bridgestone (Japan),Continental (Germany),Goodyear (USA),Pirelli (Italy),Nokian Tyres (Finland),Hankook (S Korea),Kumho (S Korea),Yokohama (Japan),Cooper (USA),BF Goodrich (USA),Nexen (S Korea),Maxxis (Taiwan),Toyo (Japan),Sumitomo (Japan),Apollo Tyres (India),Giti Tire (Singapore),ZF Friedrichshafen (Germany),CST Tires (Taiwan) are heavily investing in R&D to develop new products and improve existing ones. This strategic emphasis on innovation is driving significant advancements in product formulation and the introduction of sustainable and eco-friendly products.Moreover, these established industry leaders are actively pursuing acquisitions of smaller companies to expand their regional presence and enhance their market share. These acquisitions not only help in diversifying their product portfolios but also provide access to new technologies and markets. This consolidation trend is a critical factor in the growth of the consumer goods industry, as it enables larger companies to streamline operations, reduce costs, and increase their competitive edge.
In addition to R&D and acquisitions, there is a notable shift towards green investments among key players in the consumer goods industry. Companies are increasingly committing resources to sustainable practices and the development of environmentally friendly products. This green investment is in response to growing consumer demand for sustainable solutions and stringent environmental regulations. By prioritizing sustainability, these companies are not only contributing to environmental protection but also positioning themselves as leaders in the green movement, thereby fueling market growth.
Research Methodology
The research methodology for the consumer goods industry involves several key steps to ensure comprehensive and actionable insights. First, the research objectives are clearly defined, focusing on aspects like consumer behavior, market opportunities, competitive dynamics, or regulatory impacts. A thorough literature review follows, drawing from academic journals, industry reports, government publications, and market analyses to establish a knowledge base and identify research gaps. Data collection encompasses both primary methods, such as surveys, interviews, and focus groups with consumers and industry experts, and secondary methods, including analysis of market reports, government data, and industry publications. Quantitative data is analyzed using statistical tools to identify patterns and market segments, while qualitative data from interviews and focus groups is examined to extract key themes and insights.
The market is then segmented based on demographics, psychographics, geography, and purchasing behavior, and competitive analysis is conducted to evaluate key players' strategies and strengths. Trend analysis identifies current and emerging industry trends. Findings are compiled into a detailed report with data visualizations and strategic recommendations. The research is validated and refined through cross-checking and expert feedback, and a framework for continuous monitoring is established to keep the research current and relevant.
EV Tires - Table of Contents
Chapter 1: Market Preface
- 1.1 Global EV Tires Market Landscape
- 1.2 Scope of the Study
- 1.3 Relevant Findings & Stakeholder Advantages
Chapter 2: Strategic Overview
- 2.1 Global EV Tires Market Outlook
- 2.2 Total Addressable Market versus Serviceable Market
- 2.3 Market Rivalry Projection
Chapter 3 : Global EV Tires Market Business Environment & Changing Dynamics
-
3.1 Growth Drivers
- 3.1.1 Need to reduce rolling resistance for range
- 3.1.2 Shift to all-season EV drivetrain demands
- 3.1.3 Emission regulations pushing tire efficiency
- 3.1.4 Growing EV market penetration
-
3.2 Available Opportunities
- 3.2.1 Licensing biodegradable tread materials
- 3.2.2 IoT tire sensor retrofit kits
- 3.2.3 EV tire subscription models
- 3.2.4 Fleet tire management-as-a-servi
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3.3 Influencing Trends
- 3.3.1 Use of low rolling-resistance compound
- 3.3.2 Noise reduction via foam liners
- 3.3.3 Multi-layer carcass EV tire builds
- 3.3.4 Smart tread sensors
- 3.3.5 Recy
-
3.4 Challenges
- 3.4.1 Balancing grip and efficiency
- 3.4.2 Wear durability under EV torque
- 3.4.3 Costliest compound materials
- 3.4.4 Recycling of complex tire constituents
- 3.4.5
- 3.5 Regional Dynamics
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Chapter 4 : Global EV Tires Industry Factors Assessment
- 4.1 Current Scenario
- 4.2 PEST Analysis
- 4.3 Business Environment - PORTER 5-Forces Analysis
- 4.3.1 Supplier Leverage
- 4.3.2 Bargaining Power of Buyers
- 4.3.3 Threat of Substitutes
- 4.3.4 Threat from New Entrant
- 4.3.5 Market Competition Level
- 4.4 Roadmap of EV Tires Market
- 4.5 Impact of Macro-Economic Factors
- 4.6 Market Entry Strategies
- 4.7 Political and Regulatory Landscape
- 4.8 Supply Chain Analysis
- 4.9 Impact of Tariff War
Chapter 5: EV Tires : Competition Benchmarking & Performance Evaluation
- 5.1 Global EV Tires Market Concentration Ratio
- 5.1.1 CR4, CR8 and HH Index
- 5.1.2 % Market Share - Top 3
- 5.1.3 Market Holding by Top 5
- 5.2 Market Position of Manufacturers by EV Tires Revenue 2024
- 5.3 Global EV Tires Sales Volume by Manufacturers (2024)
- 5.4 BCG Matrix
- 5.4 Market Entropy
- 5.5 Heat Map Analysis
- 5.6 Strategic Group Analysis
Chapter 6: Global EV Tires Market: Company Profiles
- 6.1 Michelin (France)
- 6.1.1 Michelin (France) Company Overview
- 6.1.2 Michelin (France) Product/Service Portfolio & Specifications
- 6.1.3 Michelin (France) Key Financial Metrics
- 6.1.4 Michelin (France) SWOT Analysis
- 6.1.5 Michelin (France) Development Activities
- 6.2 Bridgestone (Japan)
- 6.3 Continental (Germany)
- 6.4 Goodyear (USA)
- 6.5 Pirelli (Italy)
- 6.6 Nokian Tyres (Finland)
- 6.7 Hankook (S Korea)
- 6.8 Kumho (S Korea)
- 6.9 Yokohama (Japan)
- 6.10 Cooper (USA)
- 6.11 BF Goodrich (USA)
- 6.12 Nexen (S Korea)
- 6.13 Maxxis (Taiwan)
- 6.14 Toyo (Japan)
- 6.15 Sumitomo (Japan)
- 6.16 Apollo Tyres (India)
- 6.17 Giti Tire (Singapore)
- 6.18 ZF Friedrichshafen (Germany)
- 6.19 CST Tires (Taiwan)
- 6.20 Sailun (China)
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Sectional Purchase
Chapter 7 : Global EV Tires by Type & Application (2020-2032)
-
7.1 Global EV Tires Market Revenue Analysis (USD Million) by Type (2020-2024)
- 7.1.1 Low Rolling Resistance Tires
- 7.1.2 High Load-Bearing Tires
- 7.1.3 All-Season Tires
- 7.1.4 Noise-Reduction Tires
- 7.1.5 Self-Sealing Tires
-
7.2 Global EV Tires Market Revenue Analysis (USD Million) by Application (2020-2024)
- 7.2.1 Passenger EVs
- 7.2.2 Commercial EVs
- 7.2.3 Two-wheelers
- 7.2.4 Performance EVs
- 7.2.5 EV Buses
- 7.3 Global EV Tires Market Revenue Analysis (USD Million) by Type (2024-2032)
- 7.4 Global EV Tires Market Revenue Analysis (USD Million) by Application (2024-2032)
Chapter 8 : North America EV Tires Market Breakdown by Country, Type & Application
- 8.1 North America EV Tires Market by Country (USD Million) & Sales Volume (Units) [2020-2024]
- 8.1.1 United States
- 8.1.2 Canada
-
8.2 North America EV Tires Market by Type (USD Million) & Sales Volume (Units) [2020-2024]
- 8.2.1 Low Rolling Resistance Tires
- 8.2.2 High Load-Bearing Tires
- 8.2.3 All-Season Tires
- 8.2.4 Noise-Reduction Tires
- 8.2.5 Self-Sealing Tires
-
8.3 North America EV Tires Market by Application (USD Million) & Sales Volume (Units) [2020-2024]
- 8.3.1 Passenger EVs
- 8.3.2 Commercial EVs
- 8.3.3 Two-wheelers
- 8.3.4 Performance EVs
- 8.3.5 EV Buses
- 8.4 North America EV Tires Market by Country (USD Million) & Sales Volume (Units) [2025-2032]
- 8.5 North America EV Tires Market by Type (USD Million) & Sales Volume (Units) [2025-2032]
- 8.6 North America EV Tires Market by Application (USD Million) & Sales Volume (Units) [2025-2032]
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Sectional Purchase
Chapter 9 : LATAM EV Tires Market Breakdown by Country, Type & Application
- 9.1 LATAM EV Tires Market by Country (USD Million) & Sales Volume (Units) [2020-2024]
- 9.1.1 Brazil
- 9.1.2 Argentina
- 9.1.3 Chile
- 9.1.4 Mexico
- 9.1.5 Rest of LATAM
-
9.2 LATAM EV Tires Market by Type (USD Million) & Sales Volume (Units) [2020-2024]
- 9.2.1 Low Rolling Resistance Tires
- 9.2.2 High Load-Bearing Tires
- 9.2.3 All-Season Tires
- 9.2.4 Noise-Reduction Tires
- 9.2.5 Self-Sealing Tires
-
9.3 LATAM EV Tires Market by Application (USD Million) & Sales Volume (Units) [2020-2024]
- 9.3.1 Passenger EVs
- 9.3.2 Commercial EVs
- 9.3.3 Two-wheelers
- 9.3.4 Performance EVs
- 9.3.5 EV Buses
- 9.4 LATAM EV Tires Market by Country (USD Million) & Sales Volume (Units) [2025-2032]
- 9.5 LATAM EV Tires Market by Type (USD Million) & Sales Volume (Units) [2025-2032]
- 9.6 LATAM EV Tires Market by Application (USD Million) & Sales Volume (Units) [2025-2032]
Chapter 10 : West Europe EV Tires Market Breakdown by Country, Type & Application
- 10.1 West Europe EV Tires Market by Country (USD Million) & Sales Volume (Units) [2020-2024]
- 10.1.1 Germany
- 10.1.2 France
- 10.1.3 Benelux
- 10.1.4 Switzerland
- 10.1.5 Rest of West Europe
-
10.2 West Europe EV Tires Market by Type (USD Million) & Sales Volume (Units) [2020-2024]
- 10.2.1 Low Rolling Resistance Tires
- 10.2.2 High Load-Bearing Tires
- 10.2.3 All-Season Tires
- 10.2.4 Noise-Reduction Tires
- 10.2.5 Self-Sealing Tires
-
10.3 West Europe EV Tires Market by Application (USD Million) & Sales Volume (Units) [2020-2024]
- 10.3.1 Passenger EVs
- 10.3.2 Commercial EVs
- 10.3.3 Two-wheelers
- 10.3.4 Performance EVs
- 10.3.5 EV Buses
- 10.4 West Europe EV Tires Market by Country (USD Million) & Sales Volume (Units) [2025-2032]
- 10.5 West Europe EV Tires Market by Type (USD Million) & Sales Volume (Units) [2025-2032]
- 10.6 West Europe EV Tires Market by Application (USD Million) & Sales Volume (Units) [2025-2032]
Chapter 11 : Central & Eastern Europe EV Tires Market Breakdown by Country, Type & Application
- 11.1 Central & Eastern Europe EV Tires Market by Country (USD Million) & Sales Volume (Units) [2020-2024]
- 11.1.1 Bulgaria
- 11.1.2 Poland
- 11.1.3 Hungary
- 11.1.4 Romania
- 11.1.5 Rest of CEE
-
11.2 Central & Eastern Europe EV Tires Market by Type (USD Million) & Sales Volume (Units) [2020-2024]
- 11.2.1 Low Rolling Resistance Tires
- 11.2.2 High Load-Bearing Tires
- 11.2.3 All-Season Tires
- 11.2.4 Noise-Reduction Tires
- 11.2.5 Self-Sealing Tires
-
11.3 Central & Eastern Europe EV Tires Market by Application (USD Million) & Sales Volume (Units) [2020-2024]
- 11.3.1 Passenger EVs
- 11.3.2 Commercial EVs
- 11.3.3 Two-wheelers
- 11.3.4 Performance EVs
- 11.3.5 EV Buses
- 11.4 Central & Eastern Europe EV Tires Market by Country (USD Million) & Sales Volume (Units) [2025-2032]
- 11.5 Central & Eastern Europe EV Tires Market by Type (USD Million) & Sales Volume (Units) [2025-2032]
- 11.6 Central & Eastern Europe EV Tires Market by Application (USD Million) & Sales Volume (Units) [2025-2032]
Chapter 12 : Northern Europe EV Tires Market Breakdown by Country, Type & Application
- 12.1 Northern Europe EV Tires Market by Country (USD Million) & Sales Volume (Units) [2020-2024]
- 12.1.1 The United Kingdom
- 12.1.2 Sweden
- 12.1.3 Norway
- 12.1.4 Baltics
- 12.1.5 Ireland
- 12.1.6 Rest of Northern Europe
-
12.2 Northern Europe EV Tires Market by Type (USD Million) & Sales Volume (Units) [2020-2024]
- 12.2.1 Low Rolling Resistance Tires
- 12.2.2 High Load-Bearing Tires
- 12.2.3 All-Season Tires
- 12.2.4 Noise-Reduction Tires
- 12.2.5 Self-Sealing Tires
-
12.3 Northern Europe EV Tires Market by Application (USD Million) & Sales Volume (Units) [2020-2024]
- 12.3.1 Passenger EVs
- 12.3.2 Commercial EVs
- 12.3.3 Two-wheelers
- 12.3.4 Performance EVs
- 12.3.5 EV Buses
- 12.4 Northern Europe EV Tires Market by Country (USD Million) & Sales Volume (Units) [2025-2032]
- 12.5 Northern Europe EV Tires Market by Type (USD Million) & Sales Volume (Units) [2025-2032]
- 12.6 Northern Europe EV Tires Market by Application (USD Million) & Sales Volume (Units) [2025-2032]
Chapter 13 : Southern Europe EV Tires Market Breakdown by Country, Type & Application
- 13.1 Southern Europe EV Tires Market by Country (USD Million) & Sales Volume (Units) [2020-2024]
- 13.1.1 Spain
- 13.1.2 Italy
- 13.1.3 Portugal
- 13.1.4 Greece
- 13.1.5 Rest of Southern Europe
-
13.2 Southern Europe EV Tires Market by Type (USD Million) & Sales Volume (Units) [2020-2024]
- 13.2.1 Low Rolling Resistance Tires
- 13.2.2 High Load-Bearing Tires
- 13.2.3 All-Season Tires
- 13.2.4 Noise-Reduction Tires
- 13.2.5 Self-Sealing Tires
-
13.3 Southern Europe EV Tires Market by Application (USD Million) & Sales Volume (Units) [2020-2024]
- 13.3.1 Passenger EVs
- 13.3.2 Commercial EVs
- 13.3.3 Two-wheelers
- 13.3.4 Performance EVs
- 13.3.5 EV Buses
- 13.4 Southern Europe EV Tires Market by Country (USD Million) & Sales Volume (Units) [2025-2032]
- 13.5 Southern Europe EV Tires Market by Type (USD Million) & Sales Volume (Units) [2025-2032]
- 13.6 Southern Europe EV Tires Market by Application (USD Million) & Sales Volume (Units) [2025-2032]
Chapter 14 : East Asia EV Tires Market Breakdown by Country, Type & Application
- 14.1 East Asia EV Tires Market by Country (USD Million) & Sales Volume (Units) [2020-2024]
- 14.1.1 China
- 14.1.2 Japan
- 14.1.3 South Korea
- 14.1.4 Taiwan
- 14.1.5 Others
-
14.2 East Asia EV Tires Market by Type (USD Million) & Sales Volume (Units) [2020-2024]
- 14.2.1 Low Rolling Resistance Tires
- 14.2.2 High Load-Bearing Tires
- 14.2.3 All-Season Tires
- 14.2.4 Noise-Reduction Tires
- 14.2.5 Self-Sealing Tires
-
14.3 East Asia EV Tires Market by Application (USD Million) & Sales Volume (Units) [2020-2024]
- 14.3.1 Passenger EVs
- 14.3.2 Commercial EVs
- 14.3.3 Two-wheelers
- 14.3.4 Performance EVs
- 14.3.5 EV Buses
- 14.4 East Asia EV Tires Market by Country (USD Million) & Sales Volume (Units) [2025-2032]
- 14.5 East Asia EV Tires Market by Type (USD Million) & Sales Volume (Units) [2025-2032]
- 14.6 East Asia EV Tires Market by Application (USD Million) & Sales Volume (Units) [2025-2032]
Chapter 15 : Southeast Asia EV Tires Market Breakdown by Country, Type & Application
- 15.1 Southeast Asia EV Tires Market by Country (USD Million) & Sales Volume (Units) [2020-2024]
- 15.1.1 Vietnam
- 15.1.2 Singapore
- 15.1.3 Thailand
- 15.1.4 Malaysia
- 15.1.5 Indonesia
- 15.1.6 Philippines
- 15.1.7 Rest of SEA Countries
-
15.2 Southeast Asia EV Tires Market by Type (USD Million) & Sales Volume (Units) [2020-2024]
- 15.2.1 Low Rolling Resistance Tires
- 15.2.2 High Load-Bearing Tires
- 15.2.3 All-Season Tires
- 15.2.4 Noise-Reduction Tires
- 15.2.5 Self-Sealing Tires
-
15.3 Southeast Asia EV Tires Market by Application (USD Million) & Sales Volume (Units) [2020-2024]
- 15.3.1 Passenger EVs
- 15.3.2 Commercial EVs
- 15.3.3 Two-wheelers
- 15.3.4 Performance EVs
- 15.3.5 EV Buses
- 15.4 Southeast Asia EV Tires Market by Country (USD Million) & Sales Volume (Units) [2025-2032]
- 15.5 Southeast Asia EV Tires Market by Type (USD Million) & Sales Volume (Units) [2025-2032]
- 15.6 Southeast Asia EV Tires Market by Application (USD Million) & Sales Volume (Units) [2025-2032]
Chapter 16 : South Asia EV Tires Market Breakdown by Country, Type & Application
- 16.1 South Asia EV Tires Market by Country (USD Million) & Sales Volume (Units) [2020-2024]
- 16.1.1 India
- 16.1.2 Bangladesh
- 16.1.3 Others
-
16.2 South Asia EV Tires Market by Type (USD Million) & Sales Volume (Units) [2020-2024]
- 16.2.1 Low Rolling Resistance Tires
- 16.2.2 High Load-Bearing Tires
- 16.2.3 All-Season Tires
- 16.2.4 Noise-Reduction Tires
- 16.2.5 Self-Sealing Tires
-
16.3 South Asia EV Tires Market by Application (USD Million) & Sales Volume (Units) [2020-2024]
- 16.3.1 Passenger EVs
- 16.3.2 Commercial EVs
- 16.3.3 Two-wheelers
- 16.3.4 Performance EVs
- 16.3.5 EV Buses
- 16.4 South Asia EV Tires Market by Country (USD Million) & Sales Volume (Units) [2025-2032]
- 16.5 South Asia EV Tires Market by Type (USD Million) & Sales Volume (Units) [2025-2032]
- 16.6 South Asia EV Tires Market by Application (USD Million) & Sales Volume (Units) [2025-2032]
Chapter 17 : Central Asia EV Tires Market Breakdown by Country, Type & Application
- 17.1 Central Asia EV Tires Market by Country (USD Million) & Sales Volume (Units) [2020-2024]
- 17.1.1 Kazakhstan
- 17.1.2 Tajikistan
- 17.1.3 Others
-
17.2 Central Asia EV Tires Market by Type (USD Million) & Sales Volume (Units) [2020-2024]
- 17.2.1 Low Rolling Resistance Tires
- 17.2.2 High Load-Bearing Tires
- 17.2.3 All-Season Tires
- 17.2.4 Noise-Reduction Tires
- 17.2.5 Self-Sealing Tires
-
17.3 Central Asia EV Tires Market by Application (USD Million) & Sales Volume (Units) [2020-2024]
- 17.3.1 Passenger EVs
- 17.3.2 Commercial EVs
- 17.3.3 Two-wheelers
- 17.3.4 Performance EVs
- 17.3.5 EV Buses
- 17.4 Central Asia EV Tires Market by Country (USD Million) & Sales Volume (Units) [2025-2032]
- 17.5 Central Asia EV Tires Market by Type (USD Million) & Sales Volume (Units) [2025-2032]
- 17.6 Central Asia EV Tires Market by Application (USD Million) & Sales Volume (Units) [2025-2032]
Chapter 18 : Oceania EV Tires Market Breakdown by Country, Type & Application
- 18.1 Oceania EV Tires Market by Country (USD Million) & Sales Volume (Units) [2020-2024]
- 18.1.1 Australia
- 18.1.2 New Zealand
- 18.1.3 Others
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18.2 Oceania EV Tires Market by Type (USD Million) & Sales Volume (Units) [2020-2024]
- 18.2.1 Low Rolling Resistance Tires
- 18.2.2 High Load-Bearing Tires
- 18.2.3 All-Season Tires
- 18.2.4 Noise-Reduction Tires
- 18.2.5 Self-Sealing Tires
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18.3 Oceania EV Tires Market by Application (USD Million) & Sales Volume (Units) [2020-2024]
- 18.3.1 Passenger EVs
- 18.3.2 Commercial EVs
- 18.3.3 Two-wheelers
- 18.3.4 Performance EVs
- 18.3.5 EV Buses
- 18.4 Oceania EV Tires Market by Country (USD Million) & Sales Volume (Units) [2025-2032]
- 18.5 Oceania EV Tires Market by Type (USD Million) & Sales Volume (Units) [2025-2032]
- 18.6 Oceania EV Tires Market by Application (USD Million) & Sales Volume (Units) [2025-2032]
Chapter 19 : MEA EV Tires Market Breakdown by Country, Type & Application
- 19.1 MEA EV Tires Market by Country (USD Million) & Sales Volume (Units) [2020-2024]
- 19.1.1 Turkey
- 19.1.2 South Africa
- 19.1.3 Egypt
- 19.1.4 UAE
- 19.1.5 Saudi Arabia
- 19.1.6 Israel
- 19.1.7 Rest of MEA
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19.2 MEA EV Tires Market by Type (USD Million) & Sales Volume (Units) [2020-2024]
- 19.2.1 Low Rolling Resistance Tires
- 19.2.2 High Load-Bearing Tires
- 19.2.3 All-Season Tires
- 19.2.4 Noise-Reduction Tires
- 19.2.5 Self-Sealing Tires
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19.3 MEA EV Tires Market by Application (USD Million) & Sales Volume (Units) [2020-2024]
- 19.3.1 Passenger EVs
- 19.3.2 Commercial EVs
- 19.3.3 Two-wheelers
- 19.3.4 Performance EVs
- 19.3.5 EV Buses
- 19.4 MEA EV Tires Market by Country (USD Million) & Sales Volume (Units) [2025-2032]
- 19.5 MEA EV Tires Market by Type (USD Million) & Sales Volume (Units) [2025-2032]
- 19.6 MEA EV Tires Market by Application (USD Million) & Sales Volume (Units) [2025-2032]
Chapter 20: Research Findings & Conclusion
- 20.1 Key Findings
- 20.2 Conclusion
Chapter 21: Methodology and Data Source
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21.1 Research Methodology & Approach
- 21.1.1 Research Program/Design
- 21.1.2 Market Size Estimation
- 21.1.3 Market Breakdown and Data Triangulation
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21.2 Data Source
- 21.2.1 Secondary Sources
- 21.2.2 Primary Sources
Chapter 22: Appendix & Disclaimer
- 22.1 Acronyms & bibliography
- 22.2 Disclaimer
Frequently Asked Questions (FAQ):
The EV Tires market is expected to see value worth 9.4 Billion in 2024.
According to the report,the EV Tires Industry size is projected to reach 23.7 Billion, exhibiting a CAGR of 12.30% by 2032.
Use Of Low Rolling-resistance Compound,Noise Reduction Via Foam Liners,Multi-layer Carcass EV Tire Builds,Smart Tread Sensors,Recycled Rubber Content are seen to make big Impact on EV Tires Market Growth.
- Need To Reduce Rolling Resistance For Range
- Shift To All-season EV Drivetrain Demands
- Emission Regulations Pushing Tire Efficiency
- Growing EV Market Penetration
- Consumer Focus On Comfort
Some of the major roadblocks that industry players have identified are Balancing Grip And Efficiency,Wear Durability Under EV Torque,Costliest Compound Materials,Recycling Of Complex Tire Constituents,Testing For EV Validation.
Some of the opportunities that Analyst at HTF MI have identified in EV Tires Market are:
- Licensing Biodegradable Tread Materials
- IoT Tire Sensor Retrofit Kits
- EV Tire Subscription Models
- Fleet Tire Management-as-a-service
Michelin (France),Bridgestone (Japan),Continental (Germany),Goodyear (USA),Pirelli (Italy),Nokian Tyres (Finland),Hankook (S Korea),Kumho (S Korea),Yokohama (Japan),Cooper (USA),BF Goodrich (USA),Nexen (S Korea),Maxxis (Taiwan),Toyo (Japan),Sumitomo (Japan),Apollo Tyres (India),Giti Tire (Singapore),ZF Friedrichshafen (Germany),CST Tires (Taiwan),Sailun (China) are the major operating companies profiled in EV Tires market study.
Research paper of Global EV Tires Market shows that companies are making better progress than their supply chain peers –including suppliers, majorly in end-use applications such as Passenger EVs,Commercial EVs,Two-wheelers,Performance EVs,EV Buses.
The Global EV Tires Market Study is segmented by Low Rolling Resistance Tires,High Load-Bearing Tires,All-Season Tires,Noise-Reduction Tires,Self-Sealing Tires.
The Global EV Tires Market Study includes regional breakdown as North America, LATAM, West Europe,Central & Eastern Europe, Northern Europe, Southern Europe, East Asia, Southeast Asia, South Asia, Central Asia, Oceania, MEA
Historical Year: 2020 - Base year: 2024. Forecast period**: 2025 to 2032 [** unless otherwise stated]
The EV Tires Market refers to specially engineered tires for electric vehicles, designed to address the unique weight, torque, and noise requirements of EVs. These tires typically feature low rolling resistance to enhance battery efficiency, reinforced sidewalls for heavier vehicle loads, and tread patterns optimized for reduced road noise. The market is expanding alongside global EV sales, as traditional tires may not offer adequate performance, wear resistance, or energy conservation. Major tire manufacturers are investing in smart tire technologies that monitor pressure, temperature, and tread wear in real time. Demand is highest in regions with mature EV infrastructure, including Europe, North America, and China. Sustainability is a growing focus, with manufacturers exploring recycled materials and bio-based rubbers. Challenges include higher R&D and production costs. EV tires are pivotal to range optimization, safety, and performance, playing a critical role in the transition to electrified, sustainable transportation.
