Airless Tires Market: Revenue Analysis, Regional Growth & Emerging Trends To 2026

The global airless tires market size is set to exceed a valuation of $45 million through 2026. The introduction of new non-pneumatic tires for commercial and passenger vehicles is slated to be the key factor driving global airless tires industry share through the forthcoming timespan. In addition to these growth factors, airless tires are used massively in other vehicles such as military vehicles, utility vehicles, terrain vehicles, as well as in two-wheelers.

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Based on sales channels, the airless tires market is divided into aftermarket suppliers and OEMs. Estimates suggest that the aftermarket supplier segment is estimated to record a higher growth rate, registering around 7% growth over the forecasted period. These suppliers offer premium quality tires at affordable prices and even have a low tire replacement rate than OEMs.

Airless tires are used in diverse vehicle segments such as passenger & commercial vehicles, military vehicles, terrain vehicles, utility vehicles, and two wheelers. Among these, in 2019, utility vehicles like lawn mowers and golf carts had accounted for over 25% of the total market revenue, and are currently predicted to observe a notable rise in adoption rates as more people become aware of its benefit.

In terms of materials, the airless tires market is bifurcated into rubber and plastic based variants. Out of these, plastic airless tires have managed to hold a dominating 65% share in the overall market, and is expected to maintain healthy growth over the predicted timeframe.

Tire companies like Bridgestone are diligently working on developing recycled plastic tires in order to commercialize them across the automotive sector. Besides its outstanding properties like recyclability and reduced weight could strengthen the product demand over the coming years.

These tires are highly durable and possess the ability to endure blowouts caused by road hazards, as well as explosions or gunfire possibly in military operations. Proliferating demand for durable tires that can easily maneuver through rough terrains could boost the demand for airless tires.

Latin America airless tires market is projected to observe a growth rate of approximately 5% across the forecast timespan. This growth rate can be attributed to a number of favorable trade policies and foreign direct investment inflows, which are actively helping the growth of overall market share in the region.

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Some Point from Table of Contents:

Chapter 4    Airless Tires Market, By Product

4.1    Airless tires industry share by product, 2019 & 2026

4.2    Radial

4.2.1.    Market estimates and forecast, 2016 - 2026

4.2.2.    Market estimates and forecast, by region, 2016 - 2026

4.3    Bias

4.3.1.    Market estimates and forecast, 2016 - 2026

4.3.2.    Market estimates and forecast, by region, 2016 - 2026

Chapter 5    Airless Tires Market, By Vehicle

5.1    Airless tires market share by vehicle, 2019 & 2026

5.2    Military vehicles

5.2.1    Market estimates and forecast, 2016 - 2026

5.2.2    Market estimates and forecast, by region, 2016 - 2026

5.3    LCV

5.3.1    Market estimates and forecast, 2016 - 2026

5.3.2    Market estimates and forecast, by region, 2016 - 2026

5.4    HCV

5.4.1    Market estimates and forecast, 2016 - 2026

5.4.2    Market estimates and forecast, by region, 2016 - 2026

5.5    Terrain vehicles

5.5.1    Market estimates and forecast, 2016 - 2026

5.5.2    Market estimates and forecast, by region, 2016 - 2026

5.6    Utility vehicles

5.6.1    Market estimates and forecast, 2016 - 2026

5.6.2    Market estimates and forecast, by region, 2016 - 2026

5.7    Motorcycles

5.7.1    Market estimates and forecast, 2016 - 2026

5.7.2    Market estimates and forecast, by region, 2016 - 2026

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