Bias Tire Market Size, Share, and Growth Analysis, By Type (General Bias Tires, Bias Belted Tires), By Tire Size (20-22", 23-50"), By Vehicle Type, By Sales Channel, By Region - Industry Forecast 2025-2032
Maxxis International(Cheng Shin Rubber Industry Co.)(Taiwan)
JK Tyre & Industries Ltd.(India)
CEAT Limited(India)
Apollo Tyres Ltd.(India)
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Global Bias Tire Market size was valued at USD 7.32 billion in 2023 and is poised to grow from USD 7.67 billion in 2024 to USD 11.16 billion by 2032, growing at a CAGR of 4.8% during the forecast period (2025-2032).
The worldwide market for bias tires is significantly driven by the rising demand for affordable vehicles in emerging markets. As disposable incomes rise, vehicle manufacturers are focusing on producing low-cost options, making bias tires an attractive choice due to their lower manufacturing costs compared to radial tires. This trend is particularly pronounced in regions like Southeast Asia, Africa, and parts of Latin America, where affordable transportation is essential. Additionally, bias tires are favored for their exceptional durability in off-road applications, making them ideal for agriculture, construction, and mining vehicles. Their design features, such as overlapping plies and reinforced sidewalls, enhance resistance to punctures and abrasions, further solidifying their demand in heavy-duty markets where longevity and performance are critical.
Top-down and bottom-up approaches were used to estimate and validate the size of the Global Bias Tire market and to estimate the size of various other dependent submarkets. The research methodology used to estimate the market size includes the following details: The key players in the market were identified through secondary research, and their market shares in the respective regions were determined through primary and secondary research. This entire procedure includes the study of the annual and financial reports of the top market players and extensive interviews for key insights from industry leaders such as CEOs, VPs, directors, and marketing executives. All percentage shares split, and breakdowns were determined using secondary sources and verified through Primary sources. All possible parameters that affect the markets covered in this research study have been accounted for, viewed in extensive detail, verified through primary research, and analyzed to get the final quantitative and qualitative data.
Global Bias Tire Market Segments Analysis
Global Bias Tire Market is segmented by Type, Tire Size, Vehicle Type, Sales Channel and region. Based on Type, the market is segmented into General Bias Tires and Bias Belted Tires. Based on Tire Size, the market is segmented into 20-22", 23-50" and >50". Based on Vehicle Type, the market is segmented into Passenger Vehicle, Light Commercial Vehicle, Heavy Commercial Vehicle, Tractor, Construction & Mining Vehicle and Industrial Vehicle. Based on Sales Channel, the market is segmented into OEM and Aftermarket. Based on region, the market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & Africa.
Driver of the Global Bias Tire Market
The increasing need for bias tires within the agriculture sector serves as a significant catalyst for the global bias tire market's expansion. These tires are favored for agricultural machinery because of their durability and capability to navigate challenging terrains effectively. As mechanized farming continues to grow, particularly in developing regions, the demand for bias tires is expected to rise substantially. This trend highlights the vital role that bias tires play in enhancing agricultural productivity, reinforcing their importance in the global market. Thus, the agricultural industry's reliance on these robust tires propels the overall growth of the bias tire market worldwide.
Restraints in the Global Bias Tire Market
A significant limitation facing the global bias tire market is the ongoing transition towards radial tires, which are recognized for their enhanced fuel efficiency, durability, and overall performance. As automotive manufacturers increasingly focus on incorporating radial tires into their offerings due to these advantages, the demand for bias tires continues to decrease. This shift not only affects consumer preferences but also hampers the growth potential of the bias tire market, as the benefits offered by radial tires become more pronounced. Consequently, the decline in interest and adoption of bias tires poses a considerable challenge to market expansion in this sector.
Market Trends of the Global Bias Tire Market
The global bias tire market is witnessing notable growth fueled by the rising demand from the agricultural and construction sectors, where these tires are valued for their cost-effectiveness and enhanced load-bearing capabilities. Their robustness and excellent traction make them ideal for off-road applications, which is particularly important in developing regions experiencing significant expansion in farming activities and infrastructure projects. As these sectors continue to evolve, the bias tire market is positioned for steady growth, attracting investments and innovations tailored to meet the specific needs of rugged environments, thereby shaping a promising trend within the global tire industry.
Table of Contents
Introduction
Objectives of the Study
Scope of the Report
Definitions
Research Methodology
Information Procurement
Secondary & Primary Data Methods
Market Size Estimation
Market Assumptions & Limitations
Executive Summary
Global Market Outlook
Supply & Demand Trend Analysis
Segmental Opportunity Analysis
Market Dynamics & Outlook
Market Overview
Market Size
Market Dynamics
Drivers & Opportunities
Restraints & Challenges
Porters Analysis
Competitive rivalry
Threat of substitute
Bargaining power of buyers
Threat of new entrants
Bargaining power of suppliers
Key Market Insights
Key Success Factors
Degree of Competition
Top Investment Pockets
Market Ecosystem
Market Attractiveness Index, 2024
PESTEL Analysis
Macro-Economic Indicators
Value Chain Analysis
Pricing Analysis
Global Bias Tire Market Size by Type & CAGR (2025-2032)
Market Overview
General Bias Tires
Bias Belted Tires
Global Bias Tire Market Size by Tire Size & CAGR (2025-2032)
Market Overview
20-22"
23-50"
>50"
Global Bias Tire Market Size by Vehicle Type & CAGR (2025-2032)
Market Overview
Passenger Vehicle
Light Commercial Vehicle
Heavy Commercial Vehicle
Tractor
Construction & Mining Vehicle
Industrial Vehicle
Global Bias Tire Market Size by Sales Channel & CAGR (2025-2032)
Market Overview
OEM
Aftermarket
Global Bias Tire Market Size & CAGR (2025-2032)
North America (Type, Tire Size, Vehicle Type, Sales Channel)
US
Canada
Europe (Type, Tire Size, Vehicle Type, Sales Channel)
Germany
Spain
France
UK
Italy
Rest of Europe
Asia Pacific (Type, Tire Size, Vehicle Type, Sales Channel)
China
India
Japan
South Korea
Rest of Asia-Pacific
Latin America (Type, Tire Size, Vehicle Type, Sales Channel)
Brazil
Rest of Latin America
Middle East & Africa (Type, Tire Size, Vehicle Type, Sales Channel)
GCC Countries
South Africa
Rest of Middle East & Africa
Competitive Intelligence
Top 5 Player Comparison
Market Positioning of Key Players, 2024
Strategies Adopted by Key Market Players
Recent Developments in the Market
Company Market Share Analysis, 2024
Company Profiles of All Key Players
Company Details
Product Portfolio Analysis
Company's Segmental Share Analysis
Revenue Y-O-Y Comparison (2022-2024)
Key Company Profiles
Bridgestone Corporation (Japan)
Company Overview
Business Segment Overview
Financial Updates
Key Developments
Michelin (France)
Company Overview
Business Segment Overview
Financial Updates
Key Developments
Continental AG (Germany)
Company Overview
Business Segment Overview
Financial Updates
Key Developments
Pirelli & C. S.p.A. (Italy)
Company Overview
Business Segment Overview
Financial Updates
Key Developments
Sumitomo Rubber Industries, Ltd. (Japan)
Company Overview
Business Segment Overview
Financial Updates
Key Developments
Yokohama Rubber Co., Ltd. (Japan)
Company Overview
Business Segment Overview
Financial Updates
Key Developments
Hankook Tire & Technology Co., Ltd. (South Korea)
Company Overview
Business Segment Overview
Financial Updates
Key Developments
Nokian Tyres plc (Finland)
Company Overview
Business Segment Overview
Financial Updates
Key Developments
Toyo Tire Corporation (Japan)
Company Overview
Business Segment Overview
Financial Updates
Key Developments
Nexen Tire Corporation (South Korea)
Company Overview
Business Segment Overview
Financial Updates
Key Developments
Kumho Tire Co., Inc. (South Korea)
Company Overview
Business Segment Overview
Financial Updates
Key Developments
Shandong Linglong Tire Co., Ltd. (China)
Company Overview
Business Segment Overview
Financial Updates
Key Developments
Zhongce Rubber Group Co., Ltd. (ZC Rubber) (China)
Company Overview
Business Segment Overview
Financial Updates
Key Developments
Triangle Tyre Co., Ltd. (China)
Company Overview
Business Segment Overview
Financial Updates
Key Developments
Giti Tire Corporation (Singapore)
Company Overview
Business Segment Overview
Financial Updates
Key Developments
Kenda Rubber Industrial Company (Taiwan)
Company Overview
Business Segment Overview
Financial Updates
Key Developments
Maxxis International (Cheng Shin Rubber Industry Co.) (Taiwan)