India Tire Market Size & Value Forecast with Trends to 2030

India Tire Market Research Report – 2025 Outlook, Trends, Share, Size & Forecast

MarkNtel Advisors has released an in-depth report on the India Tire Market, offering critical insights into the market's size, growth, trend, projections, and emerging dynamics. This report delivers a comprehensive analysis of growth opportunities, competitive landscape, technological developments, and evolving consumer demands—equipping industry stakeholders with the data necessary to make informed decisions.

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India Tire Market Trend

Increasing Demand for Eco-Friendly and Sustainable Tires – There is an increasing demand for eco-friendly and sustainable tires in the Indian tire industry because consumers are becoming more aware of climate change and its adverse impact on their lives. Moreover, sustainable tire solutions are becoming more and more popular due to the stricter regulations regarding emissions and waste management in the country. Tires with lower rolling resistance are more in demand from customers because they improve fuel economy, emit fewer greenhouse gases, and are composed of eco-friendly materials. To respond to this new market trend, the top tire companies in India by market share are making substantial investments in green technology and creating tires that use sustainable raw materials, including eco-friendly lubricants and natural rubber sourced from sustainable plantations.

The introduction of smart tires that monitor and optimize performance, along with other innovations like tire recycling programs, also helps the market achieve its sustainability objectives. This trend promotes growth and innovation in the tire business by not only complying with international environmental regulations but also meeting customer preferences for goods that reduce their environmental impact.

Leading Companies and Competitive Landscape of India Tire Market

The competitive landscape of the India Tire Market is shaped by both top giants and emerging players. These companies are actively involved in product launches, mergers & acquisitions, and geographical expansions to support their market presence.

Key Market Players Include:

• MRF
• Apollo Tyres
• CEAT
• JK Tyres & Industries Ltd.
• Balakrishna Tires
• TVS Srichakra Ltd.
• Goodyear India
• Bridgestone India Pvt. Ltd.
• Michelin India Pvt. Ltd.
• Continental India
• Others

These players are continuously innovating and investing in technological solutions to meet the dynamic needs of the market while maintaining a competitive edge.

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India Tire Market Segmentation and Region

 By Type of Vehicles

• Passenger Car
• Light Commercial Vehicle
• Medium and Heavy Commercial Vehicles
• Off the Road (OTR)
• Two Wheelers

By Demand Category

• OEM
• Aftermarket

By Type of Tire

• Radial
• Bias

By Sales Channel

• Direct Sales
• Exclusive Outlets & Multi-brand Stores
• Online

By Price Category

• Budget
• Economy
• Premium

By Tire Size

• Tire Size 1
• Tire Size 2
• Tire Size 3
• Tire Size 4
• Tire Size 5

By Region

• East
  • Bihar
  • Orissa
  • Jharkhand
  • West Bengal
  • Chhattisgarh
  • North-Eastern States
• West
  • Rajasthan
  • Gujarat
  • Goa
  • Maharastra
  • Madhya Pradesh
• North
  • Jammu & Kashmir
  • Punjab
  • Uttar Pradesh
  • Uttarakhand
  • Haryana
  • Himachal Pradesh
• South
  • Andhra Pradesh
  • Karnataka
  • Kerala
  • Tamil Nadu
  • Telangana

Frequently Asked Questions (FAQs)

1. What is the expected CAGR of the India Tire Market during 2025-2030?
2. Which region holds the largest market share in the India Tire Market?
3. Who are the leading players in the India Tire Market?
4. What are the key trends driving the India Tire Market forward?
5. What are the major challenges faced by new entrants in the market?

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Scope of the Report

• Provides an unbiased market forecast from 2025 to 2030
• Covers detailed company profiles and competitive analysis
• Includes segment-wise and region-wise market breakdown
• Offers insights into market drivers, challenges, and trends
• Equips stakeholders with data-backed strategic recommendations

About MarkNtel Advisors:

We are a leading market research firm providing research, consulting, and data-driven intelligence to clients across diverse industries globally. Our reports are tailored to help businesses identify lucrative opportunities and mitigate potential risks using actionable insights.

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