Construction Machinery Tires Market Cover Image

Global Construction Machinery Tires Market Trends Analysis By Product Type (Radial Tires, Bias Ply Tires), By Application (Excavators and Loaders, Bulldozers and Dozers), By End-User (Construction Companies, Mining and Quarrying), By Regions and Forecast

Report ID : 50007800
Published Year : February 2026
No. Of Pages : 220+
Base Year : 2024
Format : PDF & Excel

Construction Machinery Tires Market Size and Forecast 2026-2033

The Construction Machinery Tires Market size was valued at USD 8.6 Billion in 2024 and is projected to reach USD 14.3 Billion by 2033, growing at a CAGR of 5.8% from 2026 to 2033. This expansion is anchored by accelerating global infrastructure investment cycles, particularly in emerging economies across Asia-Pacific, Latin America, and Sub-Saharan Africa, where large-scale urbanization and industrial corridor development are driving sustained demand for heavy equipment deployment. The market's resilience is further reinforced by fleet modernization programs, rising replacement tire demand from aging machinery populations, and the structural shift toward specialized, application-specific tire engineering that commands higher average selling prices across OEM and aftermarket channels.

What is Construction Machinery Tires Market?

Construction machinery tires are heavy-duty, application-engineered rubber and composite pneumatic or solid tires designed to withstand extreme load-bearing, abrasive terrain, and high-cycle operational conditions across earthmoving, mining, material handling, and infrastructure construction environments. Their scope extends across a broad product spectrum including radial and bias-ply configurations, foam-filled variants, and solid rubber tires each calibrated for specific machinery classes such as wheel loaders, excavators, motor graders, dump trucks, forklifts, telehandlers, and compactors. The strategic relevance of this market segment lies not only in its direct contribution to equipment uptime and operational efficiency but also in its role as a margin-accretive aftermarket category where replacement cycles and fleet scale create recurring, high-frequency revenue streams. As construction projects grow in complexity and machinery operating hours intensify under tighter project timelines, tire performance, longevity, and total cost of ownership have become mission-critical procurement parameters for fleet managers and equipment operators globally.

Key Market Trends

The construction machinery tires market is undergoing a pronounced structural evolution driven by the convergence of technology-led innovation, shifting demand geographies, and sustainability mandates reshaping procurement and manufacturing practices. At the macro level, the escalation of public and private infrastructure investment particularly across Belt and Road Initiative-linked economies, U.S. infrastructure legislation, and European green transition programs is creating durable, multi-year demand tailwinds for heavy equipment, with tire demand directly correlated. At the micro level, fleet operators are increasingly shifting procurement decisions away from lowest-price acquisition toward lifecycle value metrics, elevating the importance of radial tire adoption, predictive maintenance integration, and retread program expansion.

  • Radial tire adoption is accelerating: Radial tires now account for over 62% of new construction machinery tire shipments globally, driven by their superior fuel efficiency (up to 8% better rolling resistance vs. bias-ply), longer tread life, and improved heat dissipation making them the preferred choice for high-tonnage, long-cycle operations.
  • Smart tire technology is entering mainstream fleets: Embedded tire pressure monitoring systems (TPMS) and IoT-enabled sensors are being integrated into premium tire lines, enabling real-time load, temperature, and pressure tracking a development aligned with the broader digital transformation of construction fleet management.
  • Retread and circular economy models are gaining commercial traction: With retreaded tires offering cost savings of 30–50% over new equivalents and reducing raw material consumption by up to 70%, large fleet operators and rental companies are formalizing retread programs as part of sustainability mandates and total cost of ownership optimization strategies.
  • Specialty and application-specific tire demand is rising sharply: Demand for rock-duty, mud-terrain, and waste-handling-specific tire variants is outpacing general-purpose product categories, reflecting the growing diversification of construction and mining project profiles and operator demand for industry-specific innovations.
  • Asia-Pacific dominates volume but premium markets are shifting: While China, India, and Southeast Asia collectively account for over 48% of global construction machinery tire demand by volume, the highest CAGR is being recorded in South Asia and Africa, where first-wave mechanization and infrastructure scaling are creating virgin demand territories with strong market penetration opportunities.
  • OEM-aftermarket channel dynamics are intensifying: Original equipment manufacturers are increasingly entering the aftermarket through branded tire programs and long-term service contracts, challenging independent distributors and creating new competitive landscape dynamics that are reshaping pricing structures and go-to-market strategy across the value chain.

Key Market Drivers

At the core of the construction machinery tires market's sustained growth trajectory is the unprecedented scale of infrastructure investment being deployed across both developed and developing economies. Governments globally have recognized infrastructure development as a primary lever for post-pandemic economic recovery, employment generation, and long-term competitiveness translating directly into elevated demand for construction machinery deployment and, by extension, consistent and growing consumption of heavy-duty tires. Urbanization dynamics are compounding this demand signal: more than 68% of the world's population is expected to live in urban areas by 2050, driving continuous demand for roads, bridges, ports, housing, energy infrastructure, and industrial facilities across emerging markets where construction intensity is highest. Beyond new infrastructure, large-scale maintenance and rehabilitation of aging physical assets in North America and Europe is driving equipment utilization cycles that accelerate tire wear and replacement frequency.

  • Global infrastructure investment is at record levels: Global infrastructure investment is projected to require approximately USD 94 trillion through 2040, with a substantial funding gap in developing economies being partially closed through multilateral development bank financing ensuring sustained machinery deployment and replacement tire demand across long-duration project pipelines.
  • Rapid urbanization in emerging economies is fueling construction activity: Emerging markets in South Asia, Southeast Asia, and Sub-Saharan Africa are experiencing urbanization rates exceeding 3.5% annually, driving demand for roads, utilities, commercial real estate, and industrial zones all requiring significant earthmoving and materials-handling equipment activity.
  • Mining sector expansion is driving OTR tire demand: Global mining capital expenditure is recovering strongly following the energy transition-induced commodity supercycle, with investment in copper, lithium, and nickel mining projected to more than double by 2030, directly stimulating demand for ultra-large radial and bias OTR tires used in haul trucks and loaders.
  • Fleet modernization programs are accelerating replacement cycles: Aging construction equipment fleets in mature markets with average equipment age exceeding 9 years in parts of Europe and North America are undergoing accelerated replacement and retooling, generating above-trend tire replacement demand beyond standard wear cycles.
  • Regulatory pressure on equipment emissions is indirectly boosting tire technology investment: Emissions regulations governing construction equipment (Tier 4 Final in the U.S. and Stage V in the EU) are driving adoption of newer, more fuel-efficient machinery that requires tires with compatible low-rolling-resistance profiles, spurring R&D investment and premium product adoption.
  • Rental fleet expansion is creating a structurally significant demand base: The global construction equipment rental market, growing at approximately 4.9% CAGR, operates machinery at significantly higher annual utilization rates than owner-operated fleets, dramatically accelerating tire wear and replacement frequency creating a high-velocity, recurring demand channel for tire manufacturers and distributors.

Key Market Restraints

The construction machinery tires market faces a set of substantive challenges that are moderating the pace of expansion and constraining profitability across segments of the value chain. The most persistent friction point is raw material price volatility natural rubber, synthetic rubber derived from petrochemical feedstocks, steel cord, and carbon black collectively represent over 70% of tire manufacturing input costs, and their prices are subject to commodity cycle disruptions, supply chain concentration risks, and geopolitical disruptions in key producing regions. Supply chain optimization has emerged as a strategic priority following pandemic-era disruptions that exposed the fragility of just-in-time logistics models in the tire manufacturing industry. Compounding input cost pressures is the intense competitive pricing environment in emerging markets, where lower-cost Asian manufacturers have gained significant market share in commodity tire segments, compressing margins for established Western and Japanese OEM suppliers.

  • Natural rubber price volatility creates margin compression risk: Natural rubber prices are structurally volatile, influenced by disease pressures on Southeast Asian plantations, currency fluctuations in producing countries (Thailand, Indonesia, Vietnam account for over 70% of global supply), and speculative commodity trading creating significant margin unpredictability for tire manufacturers unable to pass through input cost increases quickly.
  • Intense low-cost competition is eroding margins in standard segments: Chinese and Indian tire manufacturers have aggressively expanded capacity for construction tire segments and are offering products at 20–35% price discounts to established brands in price-sensitive emerging markets, creating structural margin pressure that is difficult to counter without value-added differentiation strategies.
  • Long tire replacement cycles limit volume upside in mature markets: The adoption of high-durability radial tires in established markets is a double-edged dynamic while it supports premium pricing, it materially reduces replacement frequency, constraining volume growth in North America and Western Europe where fleet electrification and radial penetration are both high.
  • Regulatory compliance complexity is increasing product development costs: Evolving tire performance labeling requirements, chemical substance restrictions under regulatory compliance frameworks in Europe and North America, and mandatory TPMS integration requirements are collectively raising the cost and timeline of new product certification disproportionately burdening mid-sized manufacturers.
  • Supply chain concentration creates vulnerability to geopolitical disruption: The geographic concentration of raw material supply (natural rubber in Southeast Asia, carbon black from petroleum derivatives, steel cord primarily from Asia) creates systemic supply chain fragility that was acutely exposed during 2020–2022 and remains a structural risk for manufacturers without diversified sourcing strategies.
  • Counterfeit and substandard tire products are undermining market integrity: In high-growth developing markets across Africa, Southeast Asia, and South America, the proliferation of counterfeit and non-compliant construction tires estimated to represent 8–12% of market volume in certain geographies poses safety risks, undermines legitimate supplier economics, and erodes brand equity for premium manufacturers.

Key Market Opportunities

The construction machinery tires market presents a compelling array of untapped strategic opportunities for manufacturers, distributors, and investors willing to move beyond commodity positioning and invest in differentiation, geographic expansion, and technology-led value creation. The most immediate and high-value white space lies in the electrification of construction equipment: as battery-electric and hybrid construction machinery platforms enter commercial deployment at scale with major OEMs committing to electrified portfolios by 2030 a new class of tires specifically engineered for the distinct load profiles, torque characteristics, and weight distribution of electric drivetrains is emerging as a critical product development frontier. Simultaneously, the digital integration of tire performance management through embedded sensors, cloud-connected analytics platforms, and predictive replacement algorithms represents a monetizable service layer opportunity that can transform tire suppliers from product vendors into long-term fleet performance partners.

  • Electric construction equipment requires purpose-engineered tire solutions: The accelerating commercialization of battery-electric wheel loaders, compact excavators, and material handlers creates a first-mover opportunity for tire manufacturers to develop and certify EV-specific construction tire lines addressing unique torque load, weight distribution, and noise requirements of electrified platforms before competitors establish portfolio advantages.
  • Predictive tire management platforms represent a high-margin service revenue opportunity: By combining embedded sensor technology with fleet management software integration, tire manufacturers can offer subscription-based tire performance monitoring services that increase customer switching costs, generate recurring revenue, and position tire supply relationships as integrated fleet efficiency partnerships.
  • India and Southeast Asia represent high-growth, underpenetrated volume markets: India's National Infrastructure Pipeline targeting USD 1.4 trillion in infrastructure investment through 2025, combined with Vietnam and Indonesia's industrial zone and road network expansion programs, creates multi-year demand for construction equipment tires in markets where branded, quality-differentiated products still have significant market penetration headroom against unorganized competition.
  • Retread and circular economy programs offer both margin expansion and ESG alignment: Institutionalizing retread programs for premium construction tire casings enables manufacturers to capture recurring revenue on high-value carcasses, reduce material costs relative to new tire production, and credibly address sustainability mandates increasingly embedded in government and corporate infrastructure procurement specifications.
  • The ultra-large OTR tire segment offers superior margin and technical moat advantages: Tires for 150-to-360-tonne ultra-class mining haul trucks a category dominated by fewer than five global manufacturers are benefiting directly from the critical minerals extraction boom, with replacement tire cycles generating consistently high revenue per unit and limited price sensitivity given the catastrophic operational cost of equipment downtime.
  • Aftermarket digitization and direct-to-fleet e-commerce channels are redefining distribution: The shift toward digital procurement platforms, online fleet management portals, and subscription-based tire supply agreements is creating distribution channel disruption opportunities for manufacturers willing to invest in direct-to-customer digital capabilities bypassing traditional dealer intermediaries and capturing margin while deepening customer data and loyalty programs as part of a broader go-to-market strategy evolution.

Construction Machinery Tires Market Applications and Future Scope

Looking toward the 2030s, the construction machinery tires market is poised to evolve from a predominantly materials-and-engineering-led discipline into a deeply integrated, data-driven, and sustainability-oriented component of the broader smart infrastructure ecosystem. The application landscape will expand well beyond conventional earthmoving and road construction to encompass a diverse and technology-intensive range of verticals. In the green energy infrastructure vertical, the mass deployment of wind farms, utility-scale solar installations, and grid expansion projects across remote and challenging terrains will drive sustained demand for specialized off-highway tires capable of performing on soft ground, high slopes, and variable surface conditions across multi-year project durations. In urban megaproject construction encompassing elevated metro systems, tunneling operations, and smart city development programs across Asia and the Middle East compact, high-maneuverability machinery tire solutions with enhanced surface protection and ultra-low vibration profiles will command premium positioning.

The precision agriculture and agro-industrial construction segment is emerging as a crossover vertical where agricultural and construction tire requirements are converging, particularly in large-scale land development, irrigation infrastructure, and storage facility construction. In the autonomous and semi-autonomous construction equipment domain where robotic excavators, self-driving compactors, and drone-coordinated earthmoving platforms are transitioning from pilot to commercial deployment tire engineering will need to account for continuous, uninterrupted operational cycles with minimal human intervention, placing new demands on thermal management, wear uniformity, and embedded diagnostic capability.

Construction Machinery Tires Market Scope Table

Construction Machinery Tires Market Segmentation Analysis

By Product Type

  • Radial Tires
    • Standard Radial Tires
    • High-Performance Radial Tires
  • Bias Ply Tires
    • Standard Bias Ply Tires
    • Specialized Bias Ply Tires
  • Smart Tires
    • Sensor-Enabled Tires
    • Connected Tire Systems

In the heavy-equipment wheel industry, cross-sectional designs account for the largest revenue share, with conventional and enhanced versions collectively representing more than 55 % of global demand in 2025 as they deliver durability and load-bearing performance for loaders, graders and articulated haulers, particularly in mining and infrastructure projects where uptime and puncture resistance are critical. Standard variants remain the volume leaders, but premium, long-wear designs that improve fuel efficiency and tread life are gaining share as fleet operators seek lower total cost of ownership. Bias constructions still hold a meaningful portion of sales in emerging markets due to lower acquisition costs and proven reliability on compact machines. At the forefront of innovation are intelligent wheel solutions equipped with embedded sensing and connectivity that monitor pressure, temperature and wear in real time; these offerings are among the fastest growing, with adoption increasing at over 15 % annually as telematics integration and predictive servicing become standard expectations. This trend opens opportunities for OEMs and aftermarket suppliers to bundle data analytics and remote diagnostics with advanced wheel platforms, enhancing safety, productivity and lifecycle management across job sites.

By Application

  • Excavators and Loaders
    • Mini Excavators
    • Large Excavators
  • Bulldozers and Dozers
    • Crawler Dozers
    • Wheel Dozers
  • Dump Trucks and Haulers
    • Articulated Dump Trucks
    • Rigid Dump Trucks

In the heavy equipment wheel market, units designed for excavators and loaders dominate demand, capturing over 40% of global volume in 2025 as construction and earthmoving activity booms across infrastructure, mining and commercial building sectors; especially large excavators drive significant share due to their intensive on-site use and high tire wear rates. Mini units remain key for urban and light-duty applications, with adoption increasing as compact projects proliferate, while robust designs for crawler and wheel-type dozers contribute substantially by delivering traction and stability on uneven terrain. Products for large haulage platforms such as articulated and rigid trucks are among the fastest growing due to fleet expansions in mining and bulk material transport, with operators prioritizing durable compounds that extend service life and reduce downtime costs. Intelligent monitoring technologies that track pressure and temperature in real time are gaining traction across all equipment classes, enabling predictive maintenance and enhancing safety, creating opportunities for suppliers to partner on value-added solutions that optimize performance across diverse jobsite conditions.

By End-User

  • Construction Companies
    • Large Infrastructure Projects
    • Residential and Commercial Construction
  • Mining and Quarrying
    • Surface Mining
    • Underground Mining
  • Rental and Leasing Companies
    • Equipment Rental Services
    • Leasing Firms

Among purchasers of heavy-duty wheels, builders engaged in major infrastructure undertakings account for the largest share, representing roughly 45–50% of total revenue in 2025 as global investment in roads, bridges, and utilities supports sustained demand for high-durability designs that lower lifecycle costs and improve uptime. Residential and commercial developers also drive significant uptake as urbanization accelerates, with projects requiring reliable performance on mixed terrain and quick turnaround. Extractive sectors such as rock and mineral operations contribute a substantial portion as well, with surface extraction leading given its scale and equipment intensity, while underground activities, though smaller by value, are growing sharply due to deeper deposits and stricter safety regulations that prioritize robust traction and cut resistance. Providers serving rental and lease fleets are among the fastest expanding buyers, with equipment leasing firms and rental services reporting year-on-year revenue growth above 8% as smaller contractors increasingly opt for outsourced access to premium wheels. This trend opens opportunities for suppliers to offer bundled maintenance, telematics-based performance monitoring, and flexible supply agreements to support total cost optimization across user types.

Construction Machinery Tires Market Regions

  • North America
    • United States
    • Canada
    • Mexico
  • Europe
    • Germany
    • United Kingdom
    • France
    • Italy
  • Asia-Pacific
    • China
    • India
    • Japan
    • South Korea
    • Australia
  • Latin America
    • Brazil
    • Argentina
    • Chile
  • Middle East & Africa
    • UAE
    • South Africa
    • Saudi Arabia

Regionally, the largest share of demand for heavy-equipment wheels is concentrated in North America, where strong infrastructure spending and mining activity in the United States and Canada account for roughly 35–38% of global value in 2025, supported by fleet renewal and adoption of advanced compounds that extend service life by up to 20%. Europe follows with about 25–28% of total uptake, driven by major projects in Germany, France and the UK alongside robust construction activity in Italy and Spain that fuels replacement cycles. The Asia-Pacific region is the fastest expanding base, with China and India leading growth as urbanization and industrial development drive accelerated purchases; Japan, Australia and South Korea also contribute significantly through modernization of mine fleets and logistics networks. Latin American markets, particularly Brazil and Chile, show steady expansion linked to infrastructure and extractive sectors, while the Middle East & Africa, led by the UAE and Saudi Arabia, are emerging with increased investments in mega-projects and quarrying operations, presenting opportunities for suppliers to tailor durable, climate-adapted solutions across diverse terrains.

Key Players in the Construction Machinery Tires Market

  • Bridgestone Corporation
  • Michelin Group
  • Goodyear Tire & Rubber Company
  • Continental AG
  • Yokohama Rubber Company
  • Trelleborg AB
  • Alliance Tire Group
  • Firestone Industrial Products
  • Sumitomo Rubber Industries
  • Hankook Tire & Technology
  • CEAT Limited
  • PT. Gajah Tunggal Tbk
  • Alliance Tire Group
  • Polymax
  • Double Coin Holdings Corp.

    Detailed TOC of Construction Machinery Tires Market

  1. Introduction of Construction Machinery Tires Market
    1. Market Definition
    2. Market Segmentation
    3. Research Timelines
    4. Assumptions
    5. Limitations
  2. *This section outlines the product definition, assumptions and limitations considered while forecasting the market.
  3. Research Methodology
    1. Data Mining
    2. Secondary Research
    3. Primary Research
    4. Subject Matter Expert Advice
    5. Quality Check
    6. Final Review
    7. Data Triangulation
    8. Bottom-Up Approach
    9. Top-Down Approach
    10. Research Flow
  4. *This section highlights the detailed research methodology adopted while estimating the overall market helping clients understand the overall approach for market sizing.
  5. Executive Summary
    1. Market Overview
    2. Ecology Mapping
    3. Primary Research
    4. Absolute Market Opportunity
    5. Market Attractiveness
    6. Construction Machinery Tires Market Geographical Analysis (CAGR %)
    7. Construction Machinery Tires Market by Product Type USD Million
    8. Construction Machinery Tires Market by Application USD Million
    9. Construction Machinery Tires Market by End-User USD Million
    10. Future Market Opportunities
    11. Product Lifeline
    12. Key Insights from Industry Experts
    13. Data Sources
  6. *This section covers comprehensive summary of the global market giving some quick pointers for corporate presentations.
  7. Construction Machinery Tires Market Outlook
    1. Construction Machinery Tires Market Evolution
    2. Market Drivers
      1. Driver 1
      2. Driver 2
    3. Market Restraints
      1. Restraint 1
      2. Restraint 2
    4. Market Opportunities
      1. Opportunity 1
      2. Opportunity 2
    5. Market Trends
      1. Trend 1
      2. Trend 2
    6. Porter's Five Forces Analysis
    7. Value Chain Analysis
    8. Pricing Analysis
    9. Macroeconomic Analysis
    10. Regulatory Framework
  8. *This section highlights the growth factors market opportunities, white spaces, market dynamics Value Chain Analysis, Porter's Five Forces Analysis, Pricing Analysis and Macroeconomic Analysis
  9. by Product Type
    1. Overview
    2. Radial Tires
    3. Bias Ply Tires
    4. Smart Tires
  10. by Application
    1. Overview
    2. Excavators and Loaders
    3. Bulldozers and Dozers
    4. Dump Trucks and Haulers
  11. by End-User
    1. Overview
    2. Construction Companies
    3. Mining and Quarrying
    4. Rental and Leasing Companies
  12. Construction Machinery Tires Market by Geography
    1. Overview
    2. North America Market Estimates & Forecast 2021 - 2031 (USD Million)
      1. U.S.
      2. Canada
      3. Mexico
    3. Europe Market Estimates & Forecast 2021 - 2031 (USD Million)
      1. Germany
      2. United Kingdom
      3. France
      4. Italy
      5. Spain
      6. Rest of Europe
    4. Asia Pacific Market Estimates & Forecast 2021 - 2031 (USD Million)
      1. China
      2. India
      3. Japan
      4. Rest of Asia Pacific
    5. Latin America Market Estimates & Forecast 2021 - 2031 (USD Million)
      1. Brazil
      2. Argentina
      3. Rest of Latin America
    6. Middle East and Africa Market Estimates & Forecast 2021 - 2031 (USD Million)
      1. Saudi Arabia
      2. UAE
      3. South Africa
      4. Rest of MEA
  13. This section covers global market analysis by key regions considered further broken down into its key contributing countries.
  14. Competitive Landscape
    1. Overview
    2. Company Market Ranking
    3. Key Developments
    4. Company Regional Footprint
    5. Company Industry Footprint
    6. ACE Matrix
  15. This section covers market analysis of competitors based on revenue tiers, single point view of portfolio across industry segments and their relative market position.
  16. Company Profiles
    1. Introduction
    2. Corporation
      1. Company Overview
      2. Company Key Facts
      3. Business Breakdown
      4. Product Benchmarking
      5. Key Development
      6. Winning Imperatives*
      7. Current Focus & Strategies*
      8. Threat from Competitors*
      9. SWOT Analysis*
    3. Michelin Group
    4. Goodyear Tire & Rubber Company
    5. Continental AG
    6. Yokohama Rubber Company
    7. Trelleborg AB
    8. Alliance Tire Group
    9. Firestone Industrial Products
    10. Sumitomo Rubber Industries
    11. Hankook Tire & Technology
    12. CEAT Limited
    13. PT. Gajah Tunggal Tbk
    14. Alliance Tire Group
    15. Polymax
    16. Double Coin Holdings Corp.

  17. *This data will be provided for Top 3 market players*
    This section highlights the key competitors in the market, with a focus on presenting an in-depth analysis into their product offerings, profitability, footprint and a detailed strategy overview for top market participants.


  18. Verified Market Intelligence
    1. About Verified Market Intelligence
    2. Dynamic Data Visualization
      1. Country Vs Segment Analysis
      2. Market Overview by Geography
      3. Regional Level Overview


  19. Report FAQs
    1. How do I trust your report quality/data accuracy?
    2. My research requirement is very specific, can I customize this report?
    3. I have a pre-defined budget. Can I buy chapters/sections of this report?
    4. How do you arrive at these market numbers?
    5. Who are your clients?
    6. How will I receive this report?


  20. Report Disclaimer
  • Corporation
  • Michelin Group
  • Goodyear Tire & Rubber Company
  • Continental AG
  • Yokohama Rubber Company
  • Trelleborg AB
  • Alliance Tire Group
  • Firestone Industrial Products
  • Sumitomo Rubber Industries
  • Hankook Tire & Technology
  • CEAT Limited
  • PT. Gajah Tunggal Tbk
  • Alliance Tire Group
  • Polymax
  • Double Coin Holdings Corp.


Frequently Asked Questions

  • The Construction Machinery Tires Market was valued at USD 8.6 Billion in 2024 and is projected to reach USD 14.3 Billion by 2033, growing at a CAGR of 5.8% from 2026 to 2033.

  • Global infrastructure investment is at record levels, Rapid urbanization in emerging economies is fueling construction activity, Mining sector expansion is driving OTR tire demand, Fleet modernization programs are accelerating replacement cycles, Regulatory pressure on equipment emissions is indirectly boosting tire technology investment, Rental fleet expansion is creating a structurally significant demand base are the factors driving the market in the forecasted period.

  • The major players in the Construction Machinery Tires Market are Corporation, Michelin Group, Goodyear Tire & Rubber Company, Continental AG, Yokohama Rubber Company, Trelleborg AB, Alliance Tire Group, Firestone Industrial Products, Sumitomo Rubber Industries, Hankook Tire & Technology, CEAT Limited, PT. Gajah Tunggal Tbk, Alliance Tire Group, Polymax, Double Coin Holdings Corp..

  • The Construction Machinery Tires Market is segmented based Product Type, Application, End-User, and Geography.

  • A sample report for the Construction Machinery Tires Market is available upon request through official website. Also, our 24/7 live chat and direct call support services are available to assist you in obtaining the sample report promptly.