Aircraft Tires

Global Aircraft Tires Market to Reach US$3.2 Billion by 2030

The global market for Aircraft Tires estimated at US$2.7 Billion in the year 2024, is expected to reach US$3.2 Billion by 2030, growing at a CAGR of 2.9% over the analysis period 2024-2030. Bias / Ply Tires, one of the segments analyzed in the report, is expected to record a 2.7% CAGR and reach US$2.0 Billion by the end of the analysis period. Growth in the Radial Tires segment is estimated at 3.1% CAGR over the analysis period.

The U.S. Market is Estimated at US$720.2 Million While China is Forecast to Grow at 4.8% CAGR

The Aircraft Tires market in the U.S. is estimated at US$720.2 Million in the year 2024. China, the world`s second largest economy, is forecast to reach a projected market size of US$616.3 Million by the year 2030 trailing a CAGR of 4.8% over the analysis period 2024-2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at a CAGR of 1.6% and 2.3% respectively over the analysis period. Within Europe, Germany is forecast to grow at approximately 1.9% CAGR.

Global Aircraft Tires Market - Key Trends and Drivers Summarized

Why Are Aircraft Tires Crucial for Aviation Safety?

Aircraft tires play a pivotal role in the safety and performance of an aircraft, particularly during critical phases such as takeoff, landing, and taxiing. These tires are engineered to withstand extreme conditions, including high speeds, heavy loads, and abrupt temperature changes. The robust construction of aircraft tires, typically featuring multiple layers of rubber, fabric, and steel, ensures they can endure the immense pressures and stresses encountered during operations. A failure in tire performance can lead to catastrophic consequences, making their reliability paramount. Regular inspection and maintenance are essential to detect wear and tear early, ensuring that the tires provide optimal performance and contribute to the overall safety of the aircraft.

How Are Technological Innovations Impacting Aircraft Tires?

Technological innovations are significantly enhancing the design and functionality of aircraft tires, making them more durable, efficient, and environmentally friendly. Advances in materials science have led to the development of new rubber compounds that offer better wear resistance and longevity, reducing the frequency of tire replacements. Additionally, the integration of advanced manufacturing techniques, such as precision molding and automated assembly, has improved the consistency and quality of tire production. Innovations like nitrogen inflation are gaining popularity as they help maintain tire pressure more consistently compared to traditional air inflation, enhancing safety and performance. Furthermore, the implementation of real-time monitoring systems using sensors allows for continuous assessment of tire condition, enabling predictive maintenance and reducing the likelihood of unexpected tire failures.

What Market Trends Are Shaping the Aircraft Tire Industry?

Several key market trends are influencing the aircraft tire industry, reflecting broader changes in the aviation sector. One prominent trend is the increasing emphasis on sustainability and environmental impact. Tire manufacturers are investing in eco-friendly materials and production processes to reduce their carbon footprint. The growing demand for lighter, more fuel-efficient aircraft is driving the development of lighter tires that contribute to overall weight reduction and improved fuel economy. Additionally, the rise in air travel and the expansion of the global airline fleet, particularly in emerging markets, are boosting demand for high-performance aircraft tires. The trend towards more frequent and rigorous maintenance checks is also pushing airlines to adopt tires that offer enhanced durability and performance, ensuring safety and reliability in all operating conditions.

What Factors Are Driving Growth in the Aircraft Tire Market?

The growth in the aircraft tire market is driven by several factors. Technological advancements, such as the development of new rubber compounds and advanced manufacturing techniques, are propelling the adoption of more durable and efficient tires. The increasing complexity and frequency of air travel are creating a demand for robust tires that can handle diverse operational conditions. Regulatory requirements for enhanced safety and environmental performance are also significant drivers, necessitating the integration of advanced tire technologies. Furthermore, the expansion of global air travel, particularly in emerging markets, is fueling investments in new aircraft and infrastructure, thereby boosting the demand for high-performance aircraft tires. The trend towards predictive maintenance and the need to minimize aircraft downtime are also contributing to market growth, as airlines seek to implement tires that offer real-time monitoring and diagnostic capabilities. Lastly, the focus on improving passenger safety and operational efficiency is driving the continuous development and adoption of innovative aircraft tire solutions.

SCOPE OF STUDY:

The report analyzes the Aircraft Tires market in terms of units by the following Segments, and Geographic Regions/Countries:

Segments:
Construction (Bias / Ply Tires, Radial Tires); Platform (Fixed Wing, Rotary Wing); Product (Tubeless Tires, Tube Tires); Aircraft Type (Commercial, Military, Business Jets, Other Aircraft Types)

Geographic Regions/Countries:
World; United States; Canada; Japan; China; Europe (France; Germany; Italy; United Kingdom; Spain; Russia; and Rest of Europe); Asia-Pacific (Australia; India; South Korea; and Rest of Asia-Pacific); Latin America (Argentina; Brazil; Mexico; and Rest of Latin America); Middle East (Iran; Israel; Saudi Arabia; United Arab Emirates; and Rest of Middle East); and Africa.

Select Competitors (Total 46 Featured) -

• Aviation Tires & Treads, LLC
• Bridgestone Corporation
• Desser Tire & Rubber Co., LLC
• Dunlop Aircraft Tyres Ltd.
• Goodyear Tire & Rubber Company
• Petlas
• Qingdao Sentury Tire Co., Ltd.
• Specialty Tires of America
• Wilkerson Company, Inc. (Wco)

TARIFF IMPACT FACTOR

Our new release incorporates impact of tariffs on geographical markets as we predict a shift in competitiveness of companies based on HQ country, manufacturing base, exports and imports (finished goods and OEM). This intricate and multifaceted market reality will impact competitors by artificially increasing the COGS, reducing profitability, reconfiguring supply chains, amongst other micro and macro market dynamics.

We are diligently following expert opinions of leading Chief Economists (14,949), Think Tanks (62), Trade & Industry bodies (171) worldwide, as they assess impact and address new market realities for their ecosystems. Experts and economists from every major country are tracked for their opinions on tariffs and how they will impact their countries.

We expect this chaos to play out over the next 2-3 months and a new world order is established with more clarity. We are tracking these developments on a real time basis.

As we release this report, U.S. Trade Representatives are pushing their counterparts in 183 countries for an early closure to bilateral tariff negotiations. Most of the major trading partners also have initiated trade agreements with other key trading nations, outside of those in the works with the United States. We are tracking such secondary fallouts as supply chains shift.

To our valued clients, we say, we have your back. We will present a simplified market reassessment by incorporating these changes!

APRIL 2025: NEGOTIATION PHASE

Our April release addresses the impact of tariffs on the overall global market and presents market adjustments by geography. Our trajectories are based on historic data and evolving market impacting factors.

JULY 2025 FINAL TARIFF RESET

Complimentary Update: Our clients will also receive a complimentary update in July after a final reset is announced between nations. The final updated version incorporates clearly defined Tariff Impact Analyses.

Reciprocal and Bilateral Trade & Tariff Impact Analyses:

USA
CHINA
MEXICO
CANADA
EU
JAPAN
INDIA
176 OTHER COUNTRIES.

Leading Economists - Our knowledge base tracks 14,949 economists including a select group of most influential Chief Economists of nations, think tanks, trade and industry bodies, big enterprises, and domain experts who are sharing views on the fallout of this unprecedented paradigm shift in the global econometric landscape. Most of our 16,491+ reports have incorporated this two-stage release schedule based on milestones.

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