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Last Updated: Apr 25, 2025 | Study Period:
Tire manufacturers are creating tyres that assist the environment by improving fuel economy and reducing noise and weight in response to environmental concerns caused by global warming and the implementation of environmental legislation across the world. These tyres also stress cost-effectiveness and environmental friendliness while preserving safety and dependability.
Tires can also be found on heavy duty trucks, buses, aircraft landing gear, tractors and other farm equipment, industrial vehicles such as forklifts, and common conveyances such as baby carriages, shopping carts, wheelchairs, bicycles, and motorcycles.
Natural rubber is the main raw material used in manufacturing tires, although synthetic rubber is also used. In order to develop the proper characteristics of strength, resiliency, and wear-resistance, however, the rubber must be treated with a variety of chemicals and then heated.
The advancement of tyre technologies has prompted the investigation of methods to optimise the materials, structure, tyre profile, and tread design, which is also resulting in the creation of technologies for next-generation tyres that satisfy even more demanding criteria.
Tires are supposed to operate well in a variety of areas, including fundamental tasks. Because lowering rolling resistance interferes with wet and dry performance, tyre innovations that increase wet and dry performance while also reducing rolling resistance are being researched.
S No | Overview of Development | Development Detailing | Region of Development | Possible Future Outcomes |
1 | Off-highway tyre-maker ATG to invest Rs 1,240 cr in 3rd plant at Vizag | Off-highway tyre-maker Alliance Tire Group (ATG), owned by the Japanese major Yokohama Group, is setting up its third plant in the country in Visakhapatnam with an investment of USD 165 million (around Rs 1,240 crore). | Japan - India | This would enhance better Emission Controls |
Tire purchasing and disposal impose cost waste burdens on private vehicle owners and fleet managers. The tire maintenance management practices and tire-related vehicle technologies that have the potential to relieve some of the vehicular burdens.
Alongside these, the behaviour, attitudes, and practices of fleet personnel and individual drivers relate to tire attributes and technologies.
The need for additional improvement in energy efficiency in transportation is being debated internationally, as the IEA (International Energy Agency) presented a suggestion during the G8 Summit.
In light of this, the Japanese government formed the âFuel Efficient Tyre Promotion Councilâ to research the promotion of fuel-efficient tyres, among other things.
JATMA took part in it, and talks centred on specific actions were held on a regular basis beginning in January 2009. Finally, in January 2010, JATMA launched their optional standard âTyre Labelling System,â which clearly displays the performance levels of fuel-efficient tyres on the labels for customers, with the goal of further promoting fuel efficient tyres.
The growing population levels and rising consumer disposable income levels have augmented the demand for automobiles, which is primarily driving the Japan tyre market. Worn tyres could be a threat to road safety.
because of to slip, especially on wet roads because of the degradation their braking performance, compared to new tyres.
Thus, the Ministry of Land, Infrastructure, Transport and Tourism prescribed requirements for Tyre groove depth (minimum groove depth) in its Safety Regulations for Road Vehicles and proscribed the use of Tyres of insufficient groove depth on roads.
The Goodyear Tire & Rubber Company has added two new sizes to its Workhorse MSA tyre range, which provide the same high-mileage tread features and sturdy construction as the other Workhorse MSA products from the American tyre maker.Super single 425/65R22.5 and super single 385/65R22.5 sizes have been added to the Workhorse MSA collection, specifically intended for the arduous needs of construction, logging, oil, and mining applications.
The Workhorse MSA series now includes two new super single sizes, extending the hardworking benefits of the entire line to even more end-use applications.The two new Workhorse MSA sizes have the same features as the current sizes such as-
These new MSA tyre sizes will help deliver lengthy miles to removal with greater toughness and retreadability for jobs that take you on and off the road.
With global initiatives to address environmental preservation making vehicles more fuel efficient, the demand for products that take consumer awareness of environmental protection into account in the tyre market is increasing, resulting in an increasingly stringent demand for lighter tyres with lower rolling resistance.
In terms of weight reduction, research and development is concentrating on the use of streamlined materials as well as novel materials and architectures.
Because rolling resistance is primarily caused by tyre deformation caused by heat creation during driving, solutions include decreasing the amount of rubber heat generated.
On the technological front, many tyre manufacturers have developed their own unique technologies for removing the water layer on icy surfaces to increase Tyre friction, or specific rubbers for studdles Tyres.
Furthermore, they are focused on technological advancements encompassing thread design as well as structural and material concerns.
These efforts are targeted at boosting performance on highways where frequent stops and starts, particularly near junctions, have led studless winter tyres to compressed snow into mirror-smooth surfaces (black ice).
The tread on current generations of winter tyres is designed to give greater grip on wet, slushy, snowy, icy, and dry cold surfaces, and the rubber compound is more flexible and less prone to stiffening in freezing temperatures.
A three-peaked mountain snowflake emblem distinguishes tyres suited for usage in extreme snow conditions. This tyre manufacturer-created mark is a performance-based standard that signifies the winter tyre achieves a snow traction index of 110 percent when tested using the ASTM F-1805 snow traction test, when compared to a known control tyre.
Run-flat tyres are classified structurally into two types: self-supporting run-flat tyres with reinforced sidewalls and auxiliary-supported run-flat tyre systems with an extra support ring linked to the wheel inserted into the tyre.
At the moment, self-supporting run-flat tyres with reinforced sidewalls are the norm. Run-flat tyres are heavier than standard tyres due to their construction, and they also have a greater longitudinal spring constant.
Yokohama Tires has been focused on development of the tires technology of SUVs and CUVs. The AVID Ascend GT is an all-terrain operable tire.
With all-season traction that performs even in the wet and snow, a quiet ride and long tread life, this premium grand touring tire delivers year-round performance in all kinds of weather, for all kinds of vehicles.
It has been integrated with a TriBlend Compound and asymmetric groove arrangement to deliver ultimate grip on wet and snowy roads. To have better control over noise emission, the Multi-Pitch Tread Design and Adaptive Shoulder reduce noise when new and protect against noise after worn.
Toyo Tires is developing new technologies for all terrain operable tires. The Specialised design of treading is the main focus of approach for the Toyo Tires.
It has been integrated in such a manner, wherein it offers excellent traction and tread life along with a blatantly aggressive tread design and quiet ride.
The tires feature a deeper tread depth and a more aggressive tread and shoulder design. See size specifications for a list of sizes, designated by âXTâ under Construction.
Sl no | Topic |
1 | Market Segmentation |
2 | Scope of the report |
3 | Abbreviations |
4 | Research Methodology |
5 | Executive Summary |
6 | Introduction |
7 | Insights from Industry stakeholders |
8 | Cost breakdown of Product by sub-components and average profit margin |
9 | Disruptive innovation in the Industry |
10 | Technology trends in the Industry |
11 | Consumer trends in the industry |
12 | Recent Production Milestones |
13 | Component Manufacturing in US, EU and China |
14 | COVID-19 impact on overall market |
15 | COVID-19 impact on Production of components |
16 | COVID-19 impact on Point of sale |
17 | Market Segmentation, Dynamics and Forecast by Geography, 2021-2026 |
18 | Market Segmentation, Dynamics and Forecast by Product Type, 2021-2026 |
19 | Market Segmentation, Dynamics and Forecast by Application, 2021-2026 |
20 | Market Segmentation, Dynamics and Forecast by End use, 2021-2026 |
21 | Product installation rate by OEM, 2021 |
22 | Incline/Decline in Average B-2-B selling price in past 5 years |
23 | Competition from substitute products |
24 | Gross margin and average profitability of suppliers |
25 | New product development in past 12 months |
26 | M&A in past 12 months |
27 | Growth strategy of leading players |
28 | Market share of vendors, 2021 |
29 | Company Profiles |
30 | Unmet needs and opportunity for new suppliers |
31 | Conclusion |
32 | Appendix |