Automotive Premium Tires Market

Report ID: GMI13382
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Automotive Premium Tires Market Size

The global automotive premium tires market size was valued at USD 36.5 billion in 2025. The market is expected to grow from USD 38.6 billion in 2026 to USD 67.5 billion in 2035 at a CAGR of 6.4%, according to latest report published by Global Market Insights Inc.

Automotive Premium Tires Market

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The demand for luxury sedans, SUVs, and performance-oriented vehicles continues to grow, there is also an increase in demand from OEMs for premium tires designed for high speed, best-in-class grip, and improved ride comfort. Automakers have also moved to include premium tires as one of the performance characteristics of their products, thus creating a consistent baseline demand for premium tires and a base for creating higher-value tire supply contracts.

For instance, Bridgestone and Toyota are working together to create high-performance tires specifically designed for Toyota's luxury/performance product line, indicating that OEMs are putting greater emphasis on premium products for luxury/performance vehicles.

Customers are increasingly becoming more attentive to braking performance, wet traction, noise reduction, and stability while driving at high speeds. Premium tires can meet the needs of these customers better than traditional tires because of their unique tread designs and specially engineered rubber compounds, which increases the likelihood that customers will replace their original equipment tires with premium tires and pay a higher price for them.

In North American and European markets, there is an increasing number of older vehicles, and this older vehicle population results in a continuing cycle of replacement tire purchases. More customers purchasing premium vehicles are replacing the original equipment tires with either equivalent or higher-grade premium tires, thus contributing to an increase in aftermarket revenue growth and creation of a stable demand for high-performance tire products.

Premium tires help reinforce the automaker's brand position, driving experience, and perceived vehicle quality, automakers are working closely with tire manufacturers to create tires that are uniquely tuned to the specific vehicle being manufactured; this results in long-term partnerships between automakers and tire manufacturers, increasing the penetration rate of premium tires in the luxury and high-performance vehicle segments.

Automotive Premium Tires Market Trends

Manufacturers utilize silica-based compounds, hybrid polymers, and strengthened sidewalls, to achieve a balance of grip, durability, and fuel efficiency. By using these advancements, high-end tire brands can create a diverse range of products with improved performance in wet and dry conditions and longer-lasting tire life. In turn, this gives high-end brands leverage to charge more for their products in original equipment manufacturers (OEM) and aftermarket environments.

 

The trend with larger wheels, particularly on luxury SUV's and performance-oriented vehicles, has led to an increase in the number of customers looking to purchase low-profile premium tires. Low-profile premium tires provide enhanced aesthetics, provide improved handling, and improved cornering stability; however, they require more advanced engineering, which equates to higher value per unit and a higher cost to replace. As a result, the increase in demand for low-profile premium tires also supports revenue growth for high-end brands.

Foam inserts, optimized tread designs and vibration-dampening elements are becoming increasingly common in premium tires to provide quieter rides. These features reflect the preference of luxury vehicle purchasers for cabin comfort, particularly in premium sedans and SUVs, allowing premium tire manufacturers to strengthen the positioning of their products in both OEM and replacement markets.

Tires designed for Electric Vehicles (EVs) need to support lower rolling resistance, have a higher load capacity, and provide enhanced noise control because EVs carry heavier batteries and operate on quiet powertrains. As such, premium tire manufacturers have begun to create dedicated products for EV applications, providing a new opportunity for growth, and reaffirming the role of premium tires in next-generation mobility.

Goodyear has launched a new electric tire (The Electric Drive 2) designed for use on electric passenger vehicles (like the Tesla Model 3 and Ford Mustang Mach E) in 2024. This tire features a low rolling resistance and identifies EV-specific dynamics to provide further benefits in lowering both sound and heat emissions.

Automotive Premium Tires Market Analysis

Automotive Premium Tires Market, By Tire Construction, 2023-2035, (USD Billion)

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Based on tire construction, the automotive premium tires market is divided into radial and bias. The radial dominated the market, accounting for 85% in 2025 and is expected to grow at a CAGR of 6.9% through 2026 to 2035.

  • Radial tires dominate the premium sector because they have superior handling characteristics, lower rolling resistance, and better wear performance. In 2024–2025, OEMs continue to push the adoption of radial tires on electric vehicles (EVs) and performance-oriented vehicles so that OEMs can maximize efficiency, comfort, and range. As a result, all new luxury vehicles and performance vehicles will come with radial tires as standard.
  • To improve traction, durability and monitoring capabilities, manufacturers are now utilizing silica compounds, custom tread patterns, and in some cases embedded sensors during the manufacturing process of radial tires. This trend is a response to the consumer demand for tires that produce long-lasting safety, connectivity, and real-time data so that consumers will improve their driving experience and minimize maintenance time.
  • Bias tires are still being manufactured for heavy-duty applications (off-road and agricultural vehicles) as they provide a rugged structure with a strong sidewall, high load carrying ability. Premium bias tires will be available as specialty products for select SUV's, trucks, and vehicles that need to be built to meet the demands of the harshest off-road terrain.
  • Premium bias tires are being used with more layers of reinforcement (ply), advanced compound formulas and multi-layer constructions to have longer life, improved puncture resistance and improved load-bearing capabilities. This trend meets the requirement of fleet operators and off-road enthusiasts looking for reliable products while still providing comfort and performance over the long-term.

Automotive Premium Tires Market Share, By Tire, 2025

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Based on tire, the automotive premium tires market is segmented into summer tires, winter tires, all-season tires, all terrain tires and others. Summer tires segment dominates the market with 36% share in 2025, and the segment is expected to grow at a CAGR of 5.1% from 2026 to 2035.

  • Summer tires are used for warm weather driving, offering optimal dry/wet traction, precision handling and high-speed stability. They use this type of rubber compound making them ill-suited for winter. Premium summer tires are an excellent fit for sports cars and high-end sedans, delivering superior performance and responsiveness, plus an overall exceptional driving experience.
  • Winter tires provide superior grip in snow, ice, and slush through their soft, flexible compound and deep tread patterns. They provide improved breaking, handling and safety in sub-zero temperatures. Premium winter tires are mostly designed for high-end vehicles and SUVs, providing further traction benefits while also delivering comfort, noise reduction, and durability in extreme winter driving environments.
  • All-season tires provide a reasonable balance of performance in dry, wet, and light snow conditions. They provide moderate handling, comfort, and tread life performance. Premium all-season tires are for passenger cars and SUVs and are year-round tires requiring less frequent tire replacements. They are preferred by those consumers who want a convenient, safe, and cost-effective solution for year-round driving for various conditions.
  • All-terrain tires are built for both on-road comfort and off-road durability. They are manufactured using reinforced sidewalls and aggressive tread patterns. Premium all-terrain tires are made for SUVs, trucks, and off-road vehicles. They provide traction on mud, gravel, and snow while being stable on highways, offering greater load capacity than typical on-road tires while still providing a rugged level of performance.

Based on vehicle, the automotive premium tires market is segmented into passenger cars and commercial vehicles. The passenger cars segment dominates the market with 75% share in 2025, and the segment is expected to grow at a CAGR of 5.8% from 2026 to 2035.

  • The demand within the premium tire market is shown by the passenger vehicle segment. This is a result of passenger vehicle consumers looking for improved athleticism, safety, comfort and fuel economy from their tires. Demand for improved wet and dry grip, reduced road noise, enhanced longevity of tread, and optimized performance under fast driving conditions will continue to increase.
  • Due to their growth in popularity, premium electric passenger vehicles are asking for many of the same tire characteristics as all-electric vehicles. Therefore, electric passenger vehicles continue to gain popularity, with their specific tire requirements (i.e. low rolling resistance, noise reduction, enhanced wet/dry grip and EV-specific load-bearing capacity for heavier battery systems).
  • In the commercial vehicle sector, the demand for premium tires is driven by durability, load-carrying capacity fuel economy and efficiency. Fleet managers seek premium tires that minimize downtime, handle heavy loads, and have extended service life.
  • Commercial tires designed to be premium typically incorporate reinforced sidewalls, optimized tread patterns, and advanced compounds to provide greater puncture resistance, improved traction on multiple surfaces, and consistency in terms of reliability when used under severe working conditions.
  • Integration with fleet management, including tire pressure monitoring systems (TPMS) and telematics, fleets can track tire health in real time, forecast maintenance needs, and optimize tire use to improve the economics of business.

Based on distribution channel, the automotive premium tires market is segmented into OEM and aftermarket. The OEM segment is expected to dominate the market with a share of 39% in 2025.

  • OEMs require premium tires that correspond to the vehicle design, suspension and performance specifications. Premium tires provide optimal tire handling and braking as well as maximum fuel efficiency for the vehicle while helping to maintain brand promises regarding luxury, safety, and comfort. This close collaboration between OEMs and manufacturers on Premium branded tires leads to tire technology inventions in radial, electric vehicle and performance categories.
  • OEMs use premium tires to differentiate their vehicles among other competitors in their respective segmentation of marketplace. Through their Offering of OE-fitment of premium high-performance or EV optimized tires, the OEM enhances its brand perception, creates a greater level of customer satisfaction and continues to build customer loyalty over time.
  • Aftermarket demand for premium tires is created by two factors: the life cycles of tire replacement and consumer preference for improved tire performance, ride comfort/appreciation and aesthetic appeal. In addition to the aforementioned factors, consumers typically choose to upgrade their vehicles original equipment tires with better performance, more durable or specialized performance-tuned tires providing an ongoing source of revenue for the tire manufacturer through replacement sales.
  • Aftermarket segment of the tire industry will continue to see innovations in niche product development. In addition to "All-Season", High-Performance, and Off-Road tires, the Aftermarket segment continues to see a growing demand for products with larger rim sizes, unique tread patterns and "EV Specific" requirements, thus encouraging tire manufacturers to continue to innovate their product lines.

    US Automotive Premium Tires Market Size, 2023-2035, (USD Billion)
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The US automotive premium tires market reached USD 8.18 billion in 2025, growing from USD 7.72 billion in 2024.

  • The US market transitions toward electric vehicles (EVs) and sport utility vehicles (SUVs), demand for premium tires with low rolling resistance, high load capacity, and noise reduction is increasing. Customers are more focused on the longevity of the tire tread, fuel efficiency (MPG), and wet/dry performance than ever before. This has prompted both domestic and international manufacturers to build out their EV-specific premium tire portfolios in original equipment manufacturers (OEM) and aftermarket segments.
  • New tire technologies such as tire pressure monitoring systems (TPMS), integrated sensors, and predictive maintenance are gaining popularity in the tire industry. These new technologies enable premium tire manufacturers to market their connected tire products to consumers to complement the quick adoption of telematics and fleet management systems.
  • With increased emphasis from US OEMs and consumers alike on sustainable tire alternatives, several manufacturers are launching tire products that use bio-based, recycled, or low-carbon materials in response to government regulations and growing consumer environmental awareness.

North America dominated the automotive premium tires market with a market size of USD 9.9 billion in 2025.

  • Premium all-season tires continue to experience a high rate of growth in North America. Consumers want the best performing products that do not require changing from summer to winter tires. Therefore, many tire manufacturers are using advanced materials and new tread designs that provide a combination of grip, comfort, and long life for a wide variety of locales. These tires also appeal as more consumers purchase SUVs, Crossovers, and Passenger Sedans.
  • Collaboratively, tire manufacturers and North American Original Gear Manufacturers (OEMs) are designing and creating EV tires that will be able to handle greater battery weights as well as handle the accelerated braking forces experienced during regenerative braking.
  • Digital tire retailing and customization are becoming more popular among consumers. Increased usage of online configurators by consumers, along with subscriptions and utilization of data driven recommendations, will enable consumers to make informed decisions to support the performance categories and service packages, as well as drive consumer engagement in the aftermarket, as tire manufacturers further develop unique value propositions within differentiated segments of their businesses.

Europe automotive premium tires market accounted for a share of 20.8% and generated revenue of USD 7.59 billion in 2025.

  • Premium tire development in Europe is accelerated by stringent regulatory environment & consumer preference.  Europe's regulatory framework includes stringent emissions and labelling laws that are designed to promote development of premium (low rolling resistance) tires that reduce CO2 emissions and improve fuel economy, thereby increasing usage of these types of tires in both passenger and commercial vehicles.
  • In Europe, consumers prefer all-season (with winter certification) premium tires due to the various climates across the continent and the seasonality of safety in use of vehicles. Manufacturers are creating new and innovative tread materials to address the different performance attributes of winter, wet, and dry conditions, as well as to meet the safety requirements in Europe.
  • Premium tires are becoming increasingly popular with European commercial fleet owners, due to compatibility with telematics that offer predictive maintenance, tire health monitoring, and route optimization capabilities. This trend has resulted in increased uptime and reduced total cost of ownership for fleet operators.

Germany dominates te automotive premium tires market, showcasing strong growth potential, with a CAGR of 3.4% from 2026 to 2035.

  • German consumers are very focused on ultra high-performance (UHP) premium tires for the safety and precision handling they provide when driving at high speeds. OEMs such as BMW, Mercedes-Benz, and Audi continue to require premium tires for high performance applications, driving technological advancement and increased premium demand for wet and dry performance and braking capability.
  • The growing aftermarket demand for premium tires that are used for electric powertrains is largely a result of the growing acceptance of electric vehicle technology in Germany. Germany has a very strong emphasis on rolling resistance, noise comfort, and lateral grip.
  • German consumers have increasingly begun to use various digital platforms to make informed decisions about which tries to purchase. As a result, premium brands have made significant use of e-commerce to increase customer experience and loyalty to premium brands.

The Asia Pacific automotive premium tires market is anticipated to grow at the highest CAGR of 7.6% from 2026 to 2035 and generated revenue of USD 15.1 billion in 2025.

  • The SUV market continues to expand in the APAC region, with premium tire manufacturers increasingly need to supply larger size tires with enhanced durability and more evenly balanced wet/dry performance characteristics. As the different terrains that are found throughout APAC differ greatly from urban roads to rural highway, manufacturers from each of APAC are continuing to develop specific products that will support growth in a variety of economies.
  • Most of the tire manufacturers in APAC are now adopting many of the same global technologies as those found in other parts of the world. Smart (wireless) sensors, advanced rubber compounds, and noise-reducing tread design are becoming more frequently utilized by the manufacturers, thereby increasing the level of competition and product performance benchmarks in premium segments.
  • The rapid electrification of urban areas in APAC has resulted in a greater demand for Premium Tires specifically designed to support the specifications related to Range, Load and Noise of electric vehicles. This is particularly true for mid to high end passenger vehicles that are utilized for ride-hailing and private mobility.

China automotive premium tires market is estimated to grow with a CAGR of 8.9% from 2026 to 2035.

  • In China, the automotive market has seen a dramatic increase in demand for high-end premium tires from domestic manufacturers due to significant improvements in the use of advanced rubber compounds and performance attributes expected from regular production.
  • The increasing demand for premium quality and the growing middle-class's emphasis on safety have resulted in China's domestic premium tire manufacturers significantly reducing the gap between them and their global competitors.
  • The rapid rise in the adoption of electric vehicles in China, there is an increasing need for Premium Tire manufacturers to develop and produce tires specifically for battery vehicles. These tires require special design considerations, such as low rolling resistance and improved range.
  • In addition, premium tire manufacturers are working to incorporate the use of smart vehicle systems (ADAS) to further enhance their ability to analyze tire performance data.

Latin America automotive premium tires market shows lucrative growth over the forecast period.

  • The climate diversity in Latin America emphasizes premium all-season & wet-traction tires as a necessity. The performance & safety of tires in wet conditions is vital to the growing popularity of new tread designs & premium compound technologies.
  • Latin America is experiencing longer cycles for replacement tire purchases due to quality & longevity over low initial cost. Most consumers are willing to spend more money on replacing tires when the new tires offer more comfort & durability in many cases, particularly on rough roads.
  • Tire manufacturers are expanding their production facilities & partnerships within region to create stronger supply chains, reduced costs & better customization of their premium products based on regional market demands. By localizing production, tire manufacturers can better prepare for market demand for both passenger & light commercial premium tires.

Brazil automotive premium tires market is estimated to grow with a CAGR of 2.8% from 2026 to 2035 and reach USD 904.7 million in 2035.

  • The rise in popularity of SUVs & pickups is increasing regional demand for premium all-terrain & performance tires within Brazil. Consumers are looking for tires that will provide them with durability, comfort & wet performance for driving both in urban environments & off-road areas; thus, driving growth in this product category.
  • Tire facilities in Brazil are manufacturing premium tire lines at a lower price point than most other manufacturers have, and this price difference is opening the door for more widespread adoption of these higher-end products by consumers at mid-to-up market levels.
  • As logistics & distribution networks continue to expand throughout Brazil, there will be an increase in demand for commercial premium tires. Fleet operators are utilizing enhanced tread designs, fuel-efficient compounds, & longer-lasting tires to optimize their overall cost structure.

The Middle East and Africa automotive premium tires market accounted for USD 1.84 billion in 2025 and is anticipated to show lucrative growth over the forecast period.

  • Diverse road conditions across the Middle East and Africa (MEA) will drive higher demand for all-terrain premium tires with reinforced sidewalls and hard-tread technology that suit all types of terrain (i.e., desert, rocky & urban).
  • Safety and durability are important considerations for passenger and commercial vehicles as the logistics, mining, and construction industries continue to grow. This has increased demand for high-performance commercial premium tires for load strength, heat tolerance, and long operational life, resulting in higher demand for commercial/agricultural tires to support the above industries.
  • Even with cost sensitivity, MEA buyers increasingly value premium tire features like enhanced wet grips, TPMS compatibility, and noise reduction. E commerce and multi brand service outlets support broader adoption of global premium products.

UAE market is expected to experience substantial growth in the Middle East and Africa transportation management system market, with a CAGR of 4.2% from 2026 to 2035.

  • The demand for premium performance tires by the UAE's luxury vehicle market has created a competitive marketplace between premium tire manufacturers in both the OEM and replacement channels, focusing on the following features: handling, heat resistance, high-speed stability in desert conditions.
  • The adoption of Premium Tires designed for extreme heat, sand abrasion resistance, and strong wet weather performance (during the rare occurrences of rain) continues to grow in popularity among UAE residents and expatriates who place a high priority on the reliability and comfort of their vehicles.
  • The growing acceptance of online platforms for selecting and booking tires has improved the aftermarket access to global premium tire brands, supported by rapid service channels in all major emirates.

Automotive Premium Tires Market Share

  • The top 7 companies in the automotive premium tires industry are Michelin, Bridgestone, Goodyear Tire & Rubber Company, Continental, Pirelli, Yokohama Rubber Company and Hankook Tire & Technology Co contributing 38% of the market in 2025.
  • Michelin is one of the world's leading suppliers of premium tires, with extensive portfolio of innovative tire products designed to enhance fuel efficiency, safety, and lifespan. Michelin's utilization of advanced polymer and rubber compounds, smart tire technology, sustainable or eco-friendly raw materials and components are key factors for how Michelin continues as a leading manufacturer of tires. Michelin manufactures premium tires for a wide range of vehicles including passenger vehicles, commercial vehicles, and electric vehicles (EVs) through both OEM and aftermarket distribution points throughout the world.
  • Bridgestone has a long history of extensive R&D investment to develop the best performing all-season and high-performance tires on the market. Bridgestone maintains significant OEM partnerships, including partnering with some OEMs to deliver EV-related products, while increasing its focus on designing and producing tires that maximize durability and provide superior wet/dry grip, ride comfort, and performance. The strength of its global supply chain, along with Bridgestone's extensive product portfolio, provides it with the ability to compete in both the passenger and commercial segments of the premium tire market.
  • Goodyear manufactures a wide range of premium tires for passenger cars, SUVs, and commercial vehicles. Goodyear continues to improve performance and safety features in its products, while developing EV-specialty tires. Goodyear has developed an increasing number of digital and smart tire products, which help solidify Goodyear's position as a leading supplier of OEM fitment and aftermarket premium tires worldwide.
  • Continental combines its expertise in tire technology and systems with its expertise in vehicle safety systems to produce a new type of premium tire that is highly connected, high-performance, and compatible with electric vehicles. Continental's premium tires focus on providing superior grip, low rolling resistance, noise reduction, and durability to meet the needs of luxury passenger vehicles, commercial fleets, and new forms of mobility through a network of strong OEM partnerships both in Europe and abroad.
  • Pirelli manufactures luxury and ultra-high-performance tires specifically for high speed, precision handling and superior riding comfort. They are committed to providing innovative designs inspired by motorsports, as well as sustainable materials. Pirelli's OEM partnerships allow them to supply their premium products to consumers who want only the highest quality tires with exceptional performance characteristics.
  • Yokohama produces premium quality tires for passenger, commercial and specialty vehicles. They are known for offering high-performance, eco-friendly, all-season products. In Asia, Europe and North America, Yokohama is targeting high-end segments of the market and expanding into EV and SUV markets using innovative tread patterns and materials.
  • Hankook is a provider of competitively priced premium quality tires with high-performance advantages. They manufacture tires for passenger cars, SUV's and commercial vehicles while focusing on producing compatible and all-season EV tires. Through OEM partnerships and R&D innovation, as well as through a growing aftermarket offering, Hankook is growing its global footprint across a variety of regions, including Asia, Europe and North America.

Automotive Premium Tires Market Companies

Major players operating in the automotive premium tires industry are:

  • Apollo Tyres
  • Bridgestone
  • Continental
  • Cooper Tire & Rubber Company
  • Goodyear Tire & Rubber Company
  • Hankook Tire & Technology
  • Michelin
  • Pirelli
  • Sumitomo Rubber Industries (Dunlop)
  • Yokohama Rubber Company
  • The automotive premium tire market is intensely competitive with a mix of multinational tire companies and regional specialist players catering to high-performance, luxury, and electric vehicles. Large tire companies own the market position as far as major R&D investments, robust distribution networks, and large-scale production capacity are concerned, which enables them to secure long-term agreements with automakers and dealerships. These players want to create ultra-high-performance (UHP) and green tires with increased toughness, fuel efficiency, and higher-order tread technology to conserve their market positions.
  • The market is also witnessing increasing opportunities for specialty producers who sell tires that are specifically aimed at specific uses such as all-season, off-road, and racing cars. Such niche intensifies competition because niche players leverage highly technical tires for specific purposes and demands of drivers. Firms are also investing heavily in after-sales solutions, including tire replacement programs, predictive maintenance solutions, and intelligent tire solutions, to enhance customer loyalty and market position. With the need for smart and green tire solutions growing, manufacturers are employing digital marketing, branding activities, and collaborative alliances with automobile companies and tech firms to become premium tire brands.

Automotive Premium Tires Industry News

  • In December 2025, Michelin announced the completion of its USD 45 million Advanced Materials R&D Centre in Shanghai, China, which will focus on developing tire compounds specifically for electric vehicles. The center will develop low rolling resistance tires, as well as sustainable materials and torque-resistant tires, increasing Michelin's position in China's rapidly growing premium EV market.
  • In November 2025, Bridgestone entered a strategic partnership with a European luxury original equipment manufacturer (OEM) for the joint development of an exclusive line of tires for the 2027 electric sedan. The collaboration will use the Enliten tire technology to produce high-performance, lighter-weight tires with greater integration of OEM and tire design because of electric vehicle requirements.
  • In October 2025, Hankook Tire Company opened a USD 1.5 billion state-of-the-art premium tire manufacturing facility in Tennessee, which will allow the company to produce 11 million additional tires annually. The facility is equipped with automated quality control capabilities and is committed to environmentally friendly manufacturing practices, providing local supply and declining demand for premium passenger and light truck tires in North America.
  • In September 2025, Continental introduced a new bio-based rubber known as Taraxagum to the global market. Sourced from dandelion roots grown in Germany, the biodegradable material has performance characteristics identical to traditional rubber, while at the same time providing manufacturers with an alternative source of raw materials to tropical rubber plantations and contributing to improving the supply chain and supporting environmental objectives related to premium tire production.

The automotive premium tires market research report includes in-depth coverage of the industry with estimates & forecasts in terms of revenue ($ Mn/Bn) and shipments (units) from 2022 to 2035, for the following segments:

Market, By Tire

  • Summer tires
  • Winter tires
  • All-season tires
  • All terrain tires
  • Others

Market, By Tire Construction

  • Radial
  • Bias

Market, By Vehicle

  • Passenger cars
    • Hatchback
    • Sedan
    • SUV
  • Commercial vehicle
    • LCV (Light commercial vehicle)
    • MCV (Medium commercial vehicle)
    • HCV (Heavy commercial vehicle)

Market, By Rim size

  • Below 15 inches
  • 15-20 inches
  • Above 20 inches

Market, By Technology

  • Run-flat technology
  • Self-sealing tires
  • Eco-friendly tires
  • Noise reduction technology
  • Others

Market, By Sales Channel

  • OEM
  • Aftermarket

The above information is provided for the following regions and countries:

  • North America
    • US
    • Canada
  • Europe
    • Germany
    • UK
    • France
    • Italy
    • Spain
    • Russia
    • Nordics
    • Poland
    • Romania
  • Asia Pacific
    • China
    • India
    • Japan
    • South Korea
    • ANZ
    • Vietnam
    • Indonesia
  • Latin America
    • Brazil
    • Mexico
    • Argentina
  • MEA
    • South Africa
    • Saudi Arabia
    • UAE

 

Author: Preeti Wadhwani, Satyam Jaiswal
Frequently Asked Question(FAQ) :

What was the market share of the passenger cars segment in 2025?+

The passenger cars segment dominated the market with a 75% share in 2025 and is set to observe around 5.8% CAGR up to 2035.

What was the valuation of the US automotive premium tires sector in 2025?+

The US market was valued at USD 8.18 billion in 2025. The transition toward EVs and SUVs is driving demand for premium tires with low rolling resistance, high load capacity, and noise reduction features.

Who are the key players in the automotive premium tires industry?+

Key players include Apollo Tyres, Bridgestone, Continental, Cooper Tire & Rubber Company, Goodyear Tire & Rubber Company, Hankook Tire & Technology, Michelin, Pirelli, and Yokohama Rubber Company.

What are the upcoming trends in the automotive premium tires market?+

Use of silica compounds and hybrid polymers, rising demand for low-profile tires, foam inserts for noise reduction, and EV-specific premium tires with low rolling resistance.

What is the expected size of the automotive premium tires industry in 2026?+

The market size is projected to reach USD 38.6 billion in 2026.

What was the market share of radial tires in 2025?+

Radial tires dominated the market with an 85% share in 2025 and is expected to grow at a CAGR of 6.9% till 2035.

What was the market share of the summer tires segment in 2025?+

The summer tires segment held a 36% market share in 2025 and is anticipated to expand at a CAGR of 5.1% through 2035.

What is the projected value of the automotive premium tires market by 2035?+

The market is poised to reach USD 67.5 billion by 2035, driven by advancements in tire technology, increasing EV adoption, and rising demand for low-profile premium tires.

What was the market size of the automotive premium tires in 2025?+

The market size was valued at USD 36.5 billion in 2025, with a CAGR of 6.4% expected through 2035. The growing demand for luxury sedans, SUVs, and performance vehicles is driving market growth.

Automotive Premium Tires Market Scope

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