Solid Tyre Market, By Product Type (Curled on Solid Tyres, Press on Bands, and Super-elastic Tyres), By Geography (North America, Latin America, Europe, Asia Pacific, Middle East & Africa)
Solid Tyre Market is estimated to be valued at USD 509.5 Mn in 2025 and is expected to reach USD 861.9 Mn by 2032, growing at a compound annual growth rate (CAGR) of 7.8% from 2025 to 2032.
Report Coverage
Report Details
Base Year:
2024
Market Size in 2025:
USD 509.5 Mn
Historical Data for:
2020 To 2024
Forecast Period:
2025 To 2032
Forecast Period 2025 to 2032 CAGR:
7.80%
2032 Value Projection:
USD 861.9 Mn
Solid tyres, also known as press-on tyres or cushion tyres, are made entirely of solid rubber or other polymeric materials, without any air-filled cavity. These tyres offer superior resistance to punctures, cuts, and wear, making them useful in harsh operating conditions. The market will continue to see growth due to the expanding construction, mining, and material handling sectors worldwide.
Market Dynamics
The global solid tyre market is influenced by a multitude of factors, including drivers, restraints, and opportunities. One of the primary drivers of the market is the growing demand for material handling equipment, such as forklifts and industrial tractors, in various industries. The expansion of the construction and mining sectors, particularly in emerging economies, is also adding to the adoption of solid tyres. Moreover, the superior durability and low maintenance requirements of solid tyres make them an attractive choice for applications where downtime is costly. However, solid tyres can cost higher compared to pneumatic tyres, and they offer limited speed and load-carrying capacity. This can affect the market growth. Nevertheless, the development of advanced polymeric compounds and the incorporation of smart features, such as embedded sensors for predictive maintenance, will open up new areas of growth that market players should explore.
Key Features of the Study
This report provides in-depth analysis of the global solid tyre market, and provides market size (USD Million) and compound annual growth rate (CAGR%) for the forecast period (2025-2032), considering 2024 as the base year
It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market
This study also provides key insights about market drivers, restraints, opportunities, new product launches or approvals, market trends, regional outlook, and competitive strategies adopted by key players
It profiles key players in the global solid tyre market based on the following parameters - company highlights, products portfolio, key highlights, financial performance, and strategies
Key companies covered as a part of this study include CAMSO, Continental AG, Global Rubber Industries, Nexen Tire, Setco Solid Tire & Rim Assembly, Superior Tire & Rubber Corp., Trelleborg AB, Tube & Solid Tire, TY Cushion Tire, Magna Tyres, Affix Cold Tread Company, Load Star Solid Tyres Pvt. Ltd., IRC Tire, JK Tyre, and Michelin
Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics
The global solid tyre market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts
Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global solid tyre market
Market Segmentation
Product Type Insights (Revenue, USD Mn, 2020 - 2032)
Curled on Solid Tyres
Press on Bands
Super-elastic Tyres
Regional Insights (Revenue, USD Mn, 2020 - 2032)
North America
U.S.
Canada
Latin America
Brazil
Argentina
Mexico
Rest of Latin America
Europe
Germany
U.K.
Spain
France
Italy
Russia
Rest of Europe
Asia Pacific
China
India
Japan
Australia
South Korea
ASEAN
Rest of Asia Pacific
Middle East
GCC Countries
Israel
Rest of Middle East
Africa
South Africa
North Africa
Central Africa
Key Players Insights
CAMSO
Continental AG
Global Rubber Industries
Nexen Tire
Setco Solid Tire & Rim Assembly
Superior Tire & Rubber Corp.
Trelleborg AB
Tube & Solid Tire
TY Cushion Tire
Magna Tyres
Affix Cold Tread Company
Load Star Solid Tyres Pvt. Ltd.
IRC Tire
JK Tyre
Michelin
Table of Contents
1. Research Objectives and Assumptions
Research Objectives
Assumptions
Abbreviations
2. Market Purview
Report Description
Market Definition and Scope
Executive Summary
Global Solid Tyre Market, By Product Type
Global Solid Tyre Market, By Region
3. Market Dynamics, Regulations, and Trends Analysis
Market Dynamics
Impact Analysis
Key Highlights
Regulatory Scenario
Product Launches/Approvals
PEST Analysis
PORTER's Analysis
Market Opportunities
Regulatory Scenario
Key Developments
Industry Trends
4. Global Solid Tyre Market, By Product Type, 2020-2032, (USD Mn)
Introduction
Market Share Analysis, 2025 and 2032 (%)
Y-o-Y Growth Analysis, 2021 - 2032
Segment Trends
Curled on Solid Tyres
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2020-2032, (USD Mn)
Press on Bands
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2020-2032, (USD Mn)
Super-elastic Tyres
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2020-2032, (USD Mn)
5. Global Solid Tyre Market, By Region, 2020 - 2032, Value (USD Mn)