Global Non-Pneumatic Tires Market Growth 2023-2029

Global Non-Pneumatic Tires Market Growth 2023-2029

Non-Pneumatic tires (NPT), are tires that are not supported by air pressure. They are used on some small vehicles such as riding lawn mowers and motorized golf carts. They are also used on heavy equipment such as backhoes, which are required to operate on sites such as building demolition, where risk of tire punctures is high. Tires composed of closed-cell polyurethane foam are also made for bicycles and wheelchairs.

LPI (LP Information)' newest research report, the “Non-Pneumatic Tires Industry Forecast” looks at past sales and reviews total world Non-Pneumatic Tires sales in 2022, providing a comprehensive analysis by region and market sector of projected Non-Pneumatic Tires sales for 2023 through 2029. With Non-Pneumatic Tires sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Non-Pneumatic Tires industry.

This Insight Report provides a comprehensive analysis of the global Non-Pneumatic Tires landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Non-Pneumatic Tires portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Non-Pneumatic Tires market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Non-Pneumatic Tires and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Non-Pneumatic Tires.

The global Non-Pneumatic Tires market size is projected to grow from US$ million in 2022 to US$ million in 2029; it is expected to grow at a CAGR of % from 2023 to 2029.

United States market for Non-Pneumatic Tires is estimated to increase from US$ million in 2022 to US$ million by 2029, at a CAGR of % from 2023 through 2029.

China market for Non-Pneumatic Tires is estimated to increase from US$ million in 2022 to US$ million by 2029, at a CAGR of % from 2023 through 2029.

Europe market for Non-Pneumatic Tires is estimated to increase from US$ million in 2022 to US$ million by 2029, at a CAGR of % from 2023 through 2029.

Global key Non-Pneumatic Tires players cover Bridgestone Corporation, Goodyear Tire and Rubber Company, Michelin Inc., Hankook Tire Group, Yokohama Tire Corp., Resilient Technologies, Crocodile Tyres, Big Tyre and Toyo Tire and Rubber Co. LTD., etc. In terms of revenue, the global two largest companies occupied for a share nearly % in 2022.

This report presents a comprehensive overview, market shares, and growth opportunities of Non-Pneumatic Tires market by product type, application, key manufacturers and key regions and countries.

Market Segmentation:

Segmentation by type
Multi Utility Types
All Terrain Types
Material Handling Equipment
Motorbikes and Bicycles
Low Speed Electric Types
Military Types
Others

Segmentation by application
Passenger Vehicles
Commercial Vehicles

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Bridgestone Corporation
Goodyear Tire and Rubber Company
Michelin Inc.
Hankook Tire Group
Yokohama Tire Corp.
Resilient Technologies
Crocodile Tyres
Big Tyre
Toyo Tire and Rubber Co. LTD.
Pioneer Corporation

Key Questions Addressed in this Report

What is the 10-year outlook for the global Non-Pneumatic Tires market?

What factors are driving Non-Pneumatic Tires market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Non-Pneumatic Tires market opportunities vary by end market size?

How does Non-Pneumatic Tires break out type, application?

What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.