Allied Market Research

Automotive Airless Tire Market Industry Forecast 2023


Portland, OR -- (SBWIRE) -- 03/05/2018 -- Airless tires or non-pneumatic tires (NPT) operate without an inner tube & air pressure, and the composite spokes make a flexible ring that is connected to a solid inner hub to hold its shape. These tires have a rigid & complex construction, wherein a shear band is stretched across the spokes and the tread is attached to the shear band mounted on outside hub. An airless tire comprises treads, high-tension steel belts (protector ply, working ply, and transition ply), spokes, and a hub. The tubeless tire market is expected to witness significant growth during the forecast period, owing to its advantages such as easy puncture repair, increased comfort for higher speed, lower tire pressure, better bump absorption, and reduced rotating weight as compared to conventional tires.

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The market segmentation is based on type, vehicle type, and geography. By type, the market is bifurcated into radial and bias airless tires. By vehicle type, it is divided into two-wheelers, passenger cars, and commercial vehicles.

Geographically, it is analyzed across North America, Europe, Asia-Pacific, and LAMEA. Prominent players profiled in the report include Bridgestone Corporation, The Goodyear Tire & Rubber Company, Continental AG, MICHELIN,Pirelli Tire Spa., SciTech Industries, Sumitomo Rubber Industries, Ltd., Hankook Tire Co. Ltd., CST., and Yokohama Tire Corporation.

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