Global Commercial Truck Tires Market 2025 by Manufacturers, Regions, Type and Application, Forecast to 2031

Global Commercial Truck Tires Market 2025 by Manufacturers, Regions, Type and Application, Forecast to 2031

According to our (Global Info Research) latest study, the global Commercial Truck Tires market size was valued at US$ 22700 million in 2024 and is forecast to a readjusted size of USD 31440 million by 2031 with a CAGR of 5.0% during review period.

Commercial truck tires are specifically designed for heavy-duty vehicles such as semi-trucks, large commercial trucks. These tires are built to handle heavy loads, long distances, and various road conditions. They differ from passenger vehicle tires in several key ways: 1. Durability and Load Capacity: They are constructed with stronger materials to support the weight and stress of commercial loads. 2. Tread Design: They often have deeper treads and are designed to provide better traction in various conditions, including off-road environments. 3. Longevity: They are engineered for longer wear and tear, suitable for long-haul transportation. 4. Safety Features: Enhanced to provide stability and control, which is crucial for the safe operation of large vehicles. 5. Fuel Efficiency: Some commercial truck tires are designed to improve fuel efficiency, reducing the overall operating costs for trucking companies. These tires are a critical component in the transportation and logistics industry, ensuring that goods are transported safely and efficiently across long distances.

Global key players of Commercial Truck Tires include Bridgestone, Michelin, Continental, Goodyear, Sumitomo Rubber, etc. The top five players hold a share about 50%. Asia-Pacific is the world's largest market for Commercial Truck Tires and holds a share about 51%, followed by Europe and North America, with share about 20% and 18%, separately. In terms of product type, Radial Tires is the largest segment, accounting for a share about 64%. In terms of application, Heavy Truck is the largest field with a share about 41 percent.

This report is a detailed and comprehensive analysis for global Commercial Truck Tires market. Both quantitative and qualitative analyses are presented by manufacturers, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2025, are provided.

Key Features:

Global Commercial Truck Tires market size and forecasts, in consumption value ($ Million), sales quantity (Million Units), and average selling prices (US$/Unit), 2020-2031

Global Commercial Truck Tires market size and forecasts by region and country, in consumption value ($ Million), sales quantity (Million Units), and average selling prices (US$/Unit), 2020-2031

Global Commercial Truck Tires market size and forecasts, by Type and by Application, in consumption value ($ Million), sales quantity (Million Units), and average selling prices (US$/Unit), 2020-2031

Global Commercial Truck Tires market shares of main players, shipments in revenue ($ Million), sales quantity (Million Units), and ASP (US$/Unit), 2020-2025

The Primary Objectives in This Report Are:

To determine the size of the total market opportunity of global and key countries

To assess the growth potential for Commercial Truck Tires

To forecast future growth in each product and end-use market

To assess competitive factors affecting the marketplace

This report profiles key players in the global Commercial Truck Tires market based on the following parameters - company overview, sales quantity, revenue, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Continental, Sumitomo Rubber, Toyo Tire & Rubber, Yokohama Rubber, Prometeon Tyre Group, Nokian, Giti, Michelin, Bridgestone, Goodyear, etc.

This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.

Market Segmentation

Commercial Truck Tires market is split by Type and by Application. For the period 2020-2031, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value. This analysis can help you expand your business by targeting qualified niche markets.

Market segment by Type
Diagonal Tires
Radial Tires

Market segment by Application
Heavy Truck
Medium Truck
Light Truck

Major players covered
Continental
Sumitomo Rubber
Toyo Tire & Rubber
Yokohama Rubber
Prometeon Tyre Group
Nokian
Giti
Michelin
Bridgestone
Goodyear
Hankook
Mitas
GTC Group (Advance)
ZC Rubber
Double Coin
Xingyuan Group
Linglong Tire

Market segment by region, regional analysis covers

North America (United States, Canada, and Mexico)

Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)

Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)

South America (Brazil, Argentina, Colombia, and Rest of South America)

Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)

The content of the study subjects, includes a total of 15 chapters:

Chapter 1, to describe Commercial Truck Tires product scope, market overview, market estimation caveats and base year.

Chapter 2, to profile the top manufacturers of Commercial Truck Tires, with price, sales quantity, revenue, and global market share of Commercial Truck Tires from 2020 to 2025.

Chapter 3, the Commercial Truck Tires competitive situation, sales quantity, revenue, and global market share of top manufacturers are analyzed emphatically by landscape contrast.

Chapter 4, the Commercial Truck Tires breakdown data are shown at the regional level, to show the sales quantity, consumption value, and growth by regions, from 2020 to 2031.

Chapter 5 and 6, to segment the sales by Type and by Application, with sales market share and growth rate by Type, by Application, from 2020 to 2031.

Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value, and market share for key countries in the world, from 2020 to 2025.and Commercial Truck Tires market forecast, by regions, by Type, and by Application, with sales and revenue, from 2026 to 2031.

Chapter 12, market dynamics, drivers, restraints, trends, and Porters Five Forces analysis.

Chapter 13, the key raw materials and key suppliers, and industry chain of Commercial Truck Tires.

Chapter 14 and 15, to describe Commercial Truck Tires sales channel, distributors, customers, research findings and conclusion.