The global Truck & Bus Radial Tire Market Study analyzes and forecasts the market size across 6 regions and 24 countries for diverse segments -By Application (Trucks, Buses), By Sales Channel (Aftermarket, OEMs).
The Truck & Bus Radial (TBR) Tire Market is expanding due to the growing demand for fuel-efficient, durable, and high-performance tires in commercial transportation. Radial tires offer superior tread life, improved traction, and reduced rolling resistance, making them increasingly popular in heavy-duty vehicles. The market is driven by the rising adoption of fleet management systems, growing e-commerce logistics, and the expansion of long-haul transportation networks. However, challenges such as fluctuating raw material prices (natural rubber and synthetic rubber) and the high cost of premium radial tires limit market growth. The transition toward retreadable and eco-friendly tires, along with the incorporation of smart tire technologies, is creating new opportunities. Asia-Pacific, led by China and India, dominates the market due to high commercial vehicle production, while North America and Europe are witnessing steady growth due to fleet expansions.
The market report analyses the leading companies in the industry including Apollo Tires, Balkrishna Industries Ltd (BKT), Bridgestone Corp, Continental AG, Giti Tire, Kumho Tir, MICHELIN, Sumitomo Rubber Industries Ltd, The Goodyear Tire & Rubber Company, Yokohoma Rubber Corp, and others.
The truck and bus radial (TBR) tire market is witnessing a significant trend toward the adoption of smart and connected tires equipped with sensors and telematics. Fleet operators are increasingly deploying intelligent tire monitoring systems to track tire pressure, temperature, and tread wear in real time. These connected tires enhance vehicle safety, optimize fuel efficiency, and extend tire lifespan by enabling predictive maintenance. Additionally, tire manufacturers are integrating RFID tags and IoT-enabled sensors into radial tires to provide accurate data on tire health and performance. This trend is gaining momentum as fleet management companies prioritize data-driven insights to reduce downtime, improve operational efficiency, and enhance road safety.
The increasing demand for fuel-efficient and durable tires in commercial fleets is a major driver of the TBR tire market. With rising fuel prices and the need to optimize operating costs, fleet operators are prioritizing low rolling resistance radial tires that enhance fuel efficiency. Additionally, TBR tires offer superior load-carrying capacity, longer lifespan, and improved tread durability, making them the preferred choice for heavy-duty trucks and long-haul buses. The growing adoption of logistics and transportation services, driven by e-commerce and industrial expansion, is further boosting the demand for durable and fuel-efficient TBR tires. Moreover, the rising focus on tire retreading to extend tire life and reduce waste is driving the adoption of retreadable radial tires.
A significant opportunity in the TBR tire market lies in the expansion of sustainable and retreadable radial tires. With growing environmental concerns and stricter emissions regulations, tire manufacturers are developing eco-friendly TBR tires made from low-resistance compounds and sustainable materials. Additionally, the increasing focus on circular economy practices is driving demand for retreadable radial tires, which reduce tire waste and lower operating costs for fleet owners. The rising adoption of fuel-saving and eco-friendly TBR tires, coupled with government incentives for low-emission transportation, presents substantial growth potential for tire manufacturers offering sustainable and retreadable solutions.
The Trucks segment is the largest application in the Truck & Bus Radial (TBR) Tire Market due to the extensive use of trucks for long-haul transportation, logistics, and freight operations. The growing demand for efficient and durable tires capable of withstanding heavy loads and long-distance travel drives the segment's dominance. Additionally, the expanding e-commerce sector and increasing road freight activities fuel the demand for truck radial tires. The segment also benefits from the rising adoption of fuel-efficient and low-rolling-resistance radial tires, which enhance performance and reduce operating costs, making trucks the primary revenue generator in the TBR tire market.
The Aftermarket segment is projected to be the fastest-growing sales channel in the Truck & Bus Radial Tire Market through 2034, driven by the rising demand for tire replacement and maintenance services. The growing vehicle fleet size, combined with increased mileage driven by commercial trucks and buses, is fueling tire wear and boosting aftermarket demand. Additionally, the rising preference for fuel-efficient, long-lasting radial tires in replacement cycles is contributing to segment growth. The expansion of e-commerce platforms offering tire sales and installation services is also enhancing aftermarket accessibility. Furthermore, the increasing focus on fleet management and predictive maintenance solutions, which prioritize tire performance monitoring and timely replacement, is driving aftermarket growth. With fleet operators and independent vehicle owners seeking cost-effective and reliable tire solutions, the Aftermarket segment is poised for the fastest growth over the forecast period.
China's truck and bus radial (TBR) tire market is driven by the country’s rapidly expanding logistics sector, rising freight transportation, and growing public transportation networks. The increasing demand for fuel-efficient and durable tires to optimize fleet operations is fueling market growth. Additionally, the government's focus on infrastructure development, including road expansion and expressway construction, is boosting the demand for heavy-duty radial tires. The adoption of electric buses in major cities, driven by China’s clean energy policies, is promoting the use of low rolling resistance radial tires. The expansion of e-commerce and last-mile delivery services is further increasing the demand for high-performance radial tires for trucks.
India's TBR tire market is expanding due to the country's growing transportation sector, rising road freight activities, and increasing adoption of radial tires over bias tires. The government's investments in road infrastructure projects, including highways and expressways, are driving the demand for durable and fuel-efficient radial tires. Additionally, the rising sales of commercial vehicles, including trucks and buses, is boosting market growth. The increasing focus on fleet management optimization is promoting the use of retreadable and longer-lasting radial tires. The growing preference for radial tires due to their superior performance, longevity, and fuel efficiency is accelerating market expansion in India.
The US TBR tire market is driven by the country’s large-scale trucking industry, rising freight transportation, and increasing adoption of fuel-efficient tires. The growing emphasis on reducing operational costs and improving fuel economy is promoting the use of low rolling resistance radial tires. Additionally, the increasing demand for last-mile delivery services, driven by e-commerce expansion, is boosting the market for light and medium truck radial tires. The rising replacement tire demand due to high wear and tear in commercial fleets is further driving market growth. The US government's investments in infrastructure development and the growing adoption of smart fleet management solutions are contributing to the demand for durable and performance-driven radial tires.
Germany's TBR tire market is expanding due to the country’s strong logistics and transportation sector, coupled with the rising demand for energy-efficient and durable tires. The increasing deployment of heavy trucks for freight transportation is fueling the demand for radial tires with enhanced load-carrying capacity and longevity. Additionally, the growing adoption of electric buses in urban public transport is driving the need for low rolling resistance radial tires. Germany’s stringent fuel efficiency regulations and sustainability initiatives are promoting the use of eco-friendly and retreadable radial tires. The rising focus on fleet optimization and tire performance monitoring is further boosting market growth.
France's TBR tire market is driven by the growing commercial transportation activities and the increasing adoption of fuel-efficient tires. The rising demand for high-performance radial tires in long-haul trucking and regional transportation is fueling market growth. Additionally, the expansion of public transportation networks, including electric and hybrid buses, is promoting the adoption of low rolling resistance radial tires. The country’s focus on reducing carbon emissions and improving vehicle efficiency is driving the demand for sustainable and retreadable radial tires. Increasing investments in smart transportation and logistics optimization are further boosting the market.
The Middle East TBR tire market is growing due to the region's expanding transportation and logistics sector, driven by large-scale infrastructure and trade activities. Countries such as the UAE and Saudi Arabia are witnessing rising demand for radial tires in heavy trucks and buses used for cross-border freight transportation. The increasing focus on fuel efficiency and cost optimization is promoting the adoption of durable and retreadable radial tires. Additionally, the growing use of fleet management systems is driving demand for high-performance tires with enhanced tread life and fuel efficiency. The region’s ongoing investments in public transportation, including electric and hybrid buses, are further boosting market demand for radial tires.
|
Parameter |
Details |
|
Market Size (2025) |
$19.7 Billion |
|
Market Size (2034) |
$35.9 Billion |
|
Market Growth Rate |
6.9% |
|
Segments |
By Application (Trucks, Buses), By Sales Channel (Aftermarket, OEMs) |
|
Study Period |
2019- 2024 and 2025-2034 |
|
Units |
Revenue (USD) |
|
Qualitative Analysis |
Porter’s Five Forces, SWOT Profile, Market Share, Scenario Forecasts, Market Ecosystem, Company Ranking, Market Dynamics, Industry Benchmarking |
|
Companies |
Apollo Tires, Balkrishna Industries Ltd (BKT), Bridgestone Corp, Continental AG, Giti Tire, Kumho Tir, MICHELIN, Sumitomo Rubber Industries Ltd, The Goodyear Tire & Rubber Company, Yokohoma Rubber Corp |
|
Countries |
US, Canada, Mexico, Germany, France, Spain, Italy, UK, Russia, China, India, Japan, South Korea, Australia, South East Asia, Brazil, Argentina, Middle East, Africa |
By Application
Trucks
Buses
By Sales Channel
Aftermarket
OEMs
Countries Analyzed
North America (US, Canada, Mexico)
Europe (Germany, UK, France, Spain, Italy, Russia, Rest of Europe)
Asia Pacific (China, India, Japan, South Korea, Australia, South East Asia, Rest of Asia)
South America (Brazil, Argentina, Rest of South America)
Middle East and Africa (Saudi Arabia, UAE, Rest of Middle East, South Africa, Egypt, Rest of Africa)
Apollo Tires
Balkrishna Industries Ltd (BKT)
Bridgestone Corp
Continental AG
Giti Tire
Kumho Tir
MICHELIN
Sumitomo Rubber Industries Ltd
The Goodyear Tire & Rubber Company
Yokohoma Rubber Corp
*- List Not Exhaustive
About USD Analytics
Table of Contents
List of Charts and Exhibits
List of Tables
1. Executive Summary
What’s New in 2025?
Top 10 Takeaways from the industry
Potential Opportunities for Industry Stakeholders
Strategic Imperatives
Company Market Positioning
Industry Benchmarking Matrix
2. Research Scope and Methodology
Market Definition
- Market Segments
- Companies Profiled
Research Methodology
- Bottom-Up Method
- Top-Down Method
- Data Triangulation
Forecast Methodology
- Data Sources
- USDA Proprietary Databases
- External Sources
- Primary Research and Interviews
Conversion Rates for USD
Abbreviations
3. Strategic Landscape: Key Insights and Implications
Spotlight: Key Strategies opted by Business Leaders
Competitive Landscape
Market Size ($ Million) and Share (%) by Company, 2024
SWOT Analysis
- Key Market Strengths
- Key Market Weaknesses
- Potential Opportunities
- Potential Threats
Porter’s Five Force Analysis
- Summary
- Bargaining Power of Buyers- Impact Analysis
- Bargaining Power of Suppliers- Impact Analysis
- Threat of new entrants- Impact Analysis
- Intensity of Competitive Rivalry- Impact Analysis
Macro-Environmental Analysis
- Economic forecasts by Country, 2010- 2035
- Population forecasts by Country, 2010- 2035
- Inflation Outlook by Country, 2010-2035
- Impact of Russia-Ukraine Conflict, Sluggish China Growth, US Developments
5. Growth Opportunity Analysis
Trends at a Glance
- What are the most noteworthy trends in the market
- Where should leaders pay attention?
- What industries are likely to be affected by the growth?
Market Dynamics
- Charting a path forward
- Growth Drivers
- Growth Barriers
Key Industry Stakeholders
- Suppliers
- Manufacturers and Service Providers
- Distribution Channels
- End-Users and Applications
- Regulators
- Investors, Traders, and R&D Institutes
Regulatory Landscape
6. Market Size Outlook to 2034
Global Truck & Bus Radial Tire Market Size Forecast, USD Million, 2018- 2034
- Historic Market Size, 2018- 2024
- Forecast Market Size, 2024- 2034
Scenario Analysis
- Low Growth Scenario: Definition and Outlook to 2034
- Reference Case: Definition and Outlook to 2034
- High Growth Scenario: Definition and Outlook to 2034
Pricing Analysis and Outlook
- Truck & Bus Radial Tire Average Price Forecast, 2021- 2034
- Key Factors Shaping the Pricing Patterns
7. Historical Truck & Bus Radial Tire Market Size by Segments, 2018- 2024
Key Statistics, 2024
Truck & Bus Radial Tire Market Size Outlook by Type, USD Million, 2018- 2024
Growth Comparison (y-o-y) across Truck & Bus Radial Tire Types, 2018- 2024
Truck & Bus Radial Tire Market Size Outlook by Application, USD Million, 2018- 2024
Growth Comparison (y-o-y) across Truck & Bus Radial Tire Applications, 2018- 2024
8. Truck & Bus Radial Tire Market Size Outlook by Segments, 2024- 2034
By Application
Trucks
Buses
By Sales Channel
Aftermarket
OEMs
9. Truck & Bus Radial Tire Market Size Outlook by Region
North America
Key Market Dynamics
North America Truck & Bus Radial Tire Market Size Outlook by Type, USD Million, 2021-2034
North America Truck & Bus Radial Tire Market Size Outlook by Application, USD Million, 2021-2034
North America Truck & Bus Radial Tire Market Size Outlook by Sales Channel, USD Million, 2021-2034
North America Truck & Bus Radial Tire Market Size Outlook by Country, USD Million, 2021-2034
Europe
Key Market Dynamics
Europe Truck & Bus Radial Tire Market Size Outlook by Type, USD Million, 2021-2034
Europe Truck & Bus Radial Tire Market Size Outlook by Application, USD Million, 2021-2034
Europe Truck & Bus Radial Tire Market Size Outlook by Sales Channel, USD Million, 2021-2034
Europe Truck & Bus Radial Tire Market Size Outlook by Country, USD Million, 2021-2034
Asia Pacific
Key Market Dynamics
Asia Pacific Truck & Bus Radial Tire Market Size Outlook by Type, USD Million, 2021-2034
Asia Pacific Truck & Bus Radial Tire Market Size Outlook by Application, USD Million, 2021-2034
Asia Pacific Truck & Bus Radial Tire Market Size Outlook by Sales Channel, USD Million, 2021-2034
Asia Pacific Truck & Bus Radial Tire Market Size Outlook by Country, USD Million, 2021-2034
South America
Key Market Dynamics
South America Truck & Bus Radial Tire Market Size Outlook by Type, USD Million, 2021-2034
South America Truck & Bus Radial Tire Market Size Outlook by Application, USD Million, 2021-2034
South America Truck & Bus Radial Tire Market Size Outlook by Sales Channel, USD Million, 2021-2034
South America Truck & Bus Radial Tire Market Size Outlook by Country, USD Million, 2021-2034
Middle East and Africa
Key Market Dynamics
Middle East and Africa Truck & Bus Radial Tire Market Size Outlook by Type, USD Million, 2021-2034
Middle East and Africa Truck & Bus Radial Tire Market Size Outlook by Application, USD Million, 2021-2034
Middle East and Africa Truck & Bus Radial Tire Market Size Outlook by Sales Channel, USD Million, 2021-2034
Middle East and Africa Truck & Bus Radial Tire Market Size Outlook by Country, USD Million, 2021-2034
10. United States Truck & Bus Radial Tire Market Analysis and Outlook, 2021- 2034
Key Statistics
United States Truck & Bus Radial Tire Market Size Outlook by Type, 2021- 2034
United States Truck & Bus Radial Tire Market Size Outlook by Application, 2021- 2034
United States Truck & Bus Radial Tire Market Size Outlook by End-User, 2021- 2034
11. Canada Truck & Bus Radial Tire Market Analysis and Outlook, 2021- 2034
Key Statistics
Canada Truck & Bus Radial Tire Market Size Outlook by Type, 2021- 2034
Canada Truck & Bus Radial Tire Market Size Outlook by Application, 2021- 2034
Canada Truck & Bus Radial Tire Market Size Outlook by End-User, 2021- 2034
12. Mexico Truck & Bus Radial Tire Market Analysis and Outlook, 2021- 2034
Key Statistics
Mexico Truck & Bus Radial Tire Market Size Outlook by Type, 2021- 2034
Mexico Truck & Bus Radial Tire Market Size Outlook by Application, 2021- 2034
Mexico Truck & Bus Radial Tire Market Size Outlook by End-User, 2021- 2034
13. Germany Truck & Bus Radial Tire Market Analysis and Outlook, 2021- 2034
Key Statistics
Germany Truck & Bus Radial Tire Market Size Outlook by Type, 2021- 2034
Germany Truck & Bus Radial Tire Market Size Outlook by Application, 2021- 2034
Germany Truck & Bus Radial Tire Market Size Outlook by End-User, 2021- 2034
14. France Truck & Bus Radial Tire Market Analysis and Outlook, 2021- 2034
Key Statistics
France Truck & Bus Radial Tire Market Size Outlook by Type, 2021- 2034
France Truck & Bus Radial Tire Market Size Outlook by Application, 2021- 2034
France Truck & Bus Radial Tire Market Size Outlook by End-User, 2021- 2034
15. United Kingdom Truck & Bus Radial Tire Market Analysis and Outlook, 2021- 2034
Key Statistics
United Kingdom Truck & Bus Radial Tire Market Size Outlook by Type, 2021- 2034
United Kingdom Truck & Bus Radial Tire Market Size Outlook by Application, 2021- 2034
United Kingdom Truck & Bus Radial Tire Market Size Outlook by End-User, 2021- 2034
16. Spain Truck & Bus Radial Tire Market Analysis and Outlook, 2021- 2034
Key Statistics
Spain Truck & Bus Radial Tire Market Size Outlook by Type, 2021- 2034
Spain Truck & Bus Radial Tire Market Size Outlook by Application, 2021- 2034
Spain Truck & Bus Radial Tire Market Size Outlook by End-User, 2021- 2034
17. Italy Truck & Bus Radial Tire Market Analysis and Outlook, 2021- 2034
Key Statistics
Italy Truck & Bus Radial Tire Market Size Outlook by Type, 2021- 2034
Italy Truck & Bus Radial Tire Market Size Outlook by Application, 2021- 2034
Italy Truck & Bus Radial Tire Market Size Outlook by End-User, 2021- 2034
18. Benelux Truck & Bus Radial Tire Market Analysis and Outlook, 2021- 2034
Key Statistics
Benelux Truck & Bus Radial Tire Market Size Outlook by Type, 2021- 2034
Benelux Truck & Bus Radial Tire Market Size Outlook by Application, 2021- 2034
Benelux Truck & Bus Radial Tire Market Size Outlook by End-User, 2021- 2034
19. Nordic Truck & Bus Radial Tire Market Analysis and Outlook, 2021- 2034
Key Statistics
Nordic Truck & Bus Radial Tire Market Size Outlook by Type, 2021- 2034
Nordic Truck & Bus Radial Tire Market Size Outlook by Application, 2021- 2034
Nordic Truck & Bus Radial Tire Market Size Outlook by End-User, 2021- 2034
20. Rest of Europe Truck & Bus Radial Tire Market Analysis and Outlook, 2021- 2034
Key Statistics
Rest of Europe Truck & Bus Radial Tire Market Size Outlook by Type, 2021- 2034
Rest of Europe Truck & Bus Radial Tire Market Size Outlook by Application, 2021- 2034
Rest of Europe Truck & Bus Radial Tire Market Size Outlook by End-User, 2021- 2034
21. China Truck & Bus Radial Tire Market Analysis and Outlook, 2021- 2034
Key Statistics
China Truck & Bus Radial Tire Market Size Outlook by Type, 2021- 2034
China Truck & Bus Radial Tire Market Size Outlook by Application, 2021- 2034
China Truck & Bus Radial Tire Market Size Outlook by End-User, 2021- 2034
22. India Truck & Bus Radial Tire Market Analysis and Outlook, 2021- 2034
Key Statistics
India Truck & Bus Radial Tire Market Size Outlook by Type, 2021- 2034
India Truck & Bus Radial Tire Market Size Outlook by Application, 2021- 2034
India Truck & Bus Radial Tire Market Size Outlook by End-User, 2021- 2034
23. Japan Truck & Bus Radial Tire Market Analysis and Outlook, 2021- 2034
Key Statistics
Japan Truck & Bus Radial Tire Market Size Outlook by Type, 2021- 2034
Japan Truck & Bus Radial Tire Market Size Outlook by Application, 2021- 2034
Japan Truck & Bus Radial Tire Market Size Outlook by End-User, 2021- 2034
24. South Korea Truck & Bus Radial Tire Market Analysis and Outlook, 2021- 2034
Key Statistics
South Korea Truck & Bus Radial Tire Market Size Outlook by Type, 2021- 2034
South Korea Truck & Bus Radial Tire Market Size Outlook by Application, 2021- 2034
South Korea Truck & Bus Radial Tire Market Size Outlook by End-User, 2021- 2034
25. Australia Truck & Bus Radial Tire Market Analysis and Outlook, 2021- 2034
Key Statistics
Australia Truck & Bus Radial Tire Market Size Outlook by Type, 2021- 2034
Australia Truck & Bus Radial Tire Market Size Outlook by Application, 2021- 2034
Australia Truck & Bus Radial Tire Market Size Outlook by End-User, 2021- 2034
26. South East Asia Truck & Bus Radial Tire Market Analysis and Outlook, 2021- 2034
Key Statistics
South East Asia Truck & Bus Radial Tire Market Size Outlook by Type, 2021- 2034
South East Asia Truck & Bus Radial Tire Market Size Outlook by Application, 2021- 2034
South East Asia Truck & Bus Radial Tire Market Size Outlook by End-User, 2021- 2034
27. Rest of Asia Pacific Truck & Bus Radial Tire Market Analysis and Outlook, 2021- 2034
Key Statistics
Rest of Asia Pacific Truck & Bus Radial Tire Market Size Outlook by Type, 2021- 2034
Rest of Asia Pacific Truck & Bus Radial Tire Market Size Outlook by Application, 2021- 2034
Rest of Asia Pacific Truck & Bus Radial Tire Market Size Outlook by End-User, 2021- 2034
28. Brazil Truck & Bus Radial Tire Market Analysis and Outlook, 2021- 2034
Key Statistics
Brazil Truck & Bus Radial Tire Market Size Outlook by Type, 2021- 2034
Brazil Truck & Bus Radial Tire Market Size Outlook by Application, 2021- 2034
Brazil Truck & Bus Radial Tire Market Size Outlook by End-User, 2021- 2034
29. Argentina Truck & Bus Radial Tire Market Analysis and Outlook, 2021- 2034
Key Statistics
Argentina Truck & Bus Radial Tire Market Size Outlook by Type, 2021- 2034
Argentina Truck & Bus Radial Tire Market Size Outlook by Application, 2021- 2034
Argentina Truck & Bus Radial Tire Market Size Outlook by End-User, 2021- 2034
30. Rest of South America Truck & Bus Radial Tire Market Analysis and Outlook, 2021- 2034
Key Statistics
Rest of South America Truck & Bus Radial Tire Market Size Outlook by Type, 2021- 2034
Rest of South America Truck & Bus Radial Tire Market Size Outlook by Application, 2021- 2034
Rest of South America Truck & Bus Radial Tire Market Size Outlook by End-User, 2021- 2034
31. United Arab Emirates Truck & Bus Radial Tire Market Analysis and Outlook, 2021- 2034
Key Statistics
United Arab Emirates Truck & Bus Radial Tire Market Size Outlook by Type, 2021- 2034
United Arab Emirates Truck & Bus Radial Tire Market Size Outlook by Application, 2021- 2034
United Arab Emirates Truck & Bus Radial Tire Market Size Outlook by End-User, 2021- 2034
32. Saudi Arabia Truck & Bus Radial Tire Market Analysis and Outlook, 2021- 2034
Key Statistics
Saudi Arabia Truck & Bus Radial Tire Market Size Outlook by Type, 2021- 2034
Saudi Arabia Truck & Bus Radial Tire Market Size Outlook by Application, 2021- 2034
Saudi Arabia Truck & Bus Radial Tire Market Size Outlook by End-User, 2021- 2034
33. Rest of Middle East Truck & Bus Radial Tire Market Analysis and Outlook, 2021- 2034
Key Statistics
Rest of Middle East Truck & Bus Radial Tire Market Size Outlook by Type, 2021- 2034
Rest of Middle East Truck & Bus Radial Tire Market Size Outlook by Application, 2021- 2034
Rest of Middle East Truck & Bus Radial Tire Market Size Outlook by End-User, 2021- 2034
34. South Africa Truck & Bus Radial Tire Market Analysis and Outlook, 2021- 2034
Key Statistics
South Africa Truck & Bus Radial Tire Market Size Outlook by Type, 2021- 2034
South Africa Truck & Bus Radial Tire Market Size Outlook by Application, 2021- 2034
South Africa Truck & Bus Radial Tire Market Size Outlook by End-User, 2021- 2034
35. Rest of Africa Truck & Bus Radial Tire Market Analysis and Outlook, 2021- 2034
Key Statistics
Rest of Africa Truck & Bus Radial Tire Market Size Outlook by Type, 2021- 2034
Rest of Africa Truck & Bus Radial Tire Market Size Outlook by Application, 2021- 2034
Rest of Africa Truck & Bus Radial Tire Market Size Outlook by End-User, 2021- 2034
36. Key Companies
Market Share Analysis
Apollo Tires
Balkrishna Industries Ltd (BKT)
Bridgestone Corp
Continental AG
Giti Tire
Kumho Tir
MICHELIN
Sumitomo Rubber Industries Ltd
The Goodyear Tire & Rubber Company
Yokohoma Rubber Corp
Company Benchmarking
Financial Analysis
37. Recent Market Developments
38. Appendix
Looking Ahead
Research Methodology
Legal Disclaimer
By Application
Trucks
Buses
By Sales Channel
Aftermarket
OEMs
The Global Truck & Bus Radial Tire Market Size is estimated at $19.7 Billion in 2025 and is forecast to register an annual growth rate (CAGR) of 6.9% to reach $35.9 Billion by 2034.
Emerging Markets across Asia Pacific, Europe, and Americas present robust growth prospects.
Apollo Tires, Balkrishna Industries Ltd (BKT), Bridgestone Corp, Continental AG, Giti Tire, Kumho Tir, MICHELIN, Sumitomo Rubber Industries Ltd, The Goodyear Tire & Rubber Company, Yokohoma Rubber Corp
Base Year- 2024; Estimated Year- 2025; Historic Period- 2019-2024; Forecast period- 2025 to 2034; Currency: Revenue (USD); Volume