What is the global market size of Bias Tire Market?

Global Bias Tire Market size was valued at USD 15.32 Billion in 2023 poised to grow from USD 16.06 Billion in 2024 to USD 23.40 Billion by 2032, growing at a CAGR of 4.82% in the forecast period (2025-2032). The need for low-cost vehicles, particularly in the emerging markets, is a crucial primary driver for the worldwide bias tire market. With increasing disposable incomes and the need for more economic means of transportation, vehicle manufacturers are looking to create low-cost vehicles to satisfy such demands. Bias tires, due to their lower cost of manufacture against radial tires, are an appealing alternative for cost-conscious buyers and producers. In markets such as Southeast Asia, Africa, and some of Latin America, where affordable vehicles play a vital role, the usage of bias tires in cheap cars rises. This contributes to total demand for bias tires, especially in emerging economies.

Which region accounted for the largest share in Bias Tire Market?

How is Technology Aiding Bias Tire Production in European Countries?

Top Bias Tire Companies

Skyquest Technology's expert advisors have carried out comprehensive research and identified these companies as industry leaders in the Bias Tire Market. This Analysis is based on comprehensive primary and secondary research on the corporate strategies, financial and operational performance, product portfolio, market share and brand analysis of all the leading Bias Tire industry players.

Bias Tire Market Competitive Landscape

The startup landscape in the global bias tire market is evolving with companies focusing on advanced tire technologies and sustainable solutions. These startups are introducing innovative products to cater to the growing demand in agriculture, off-road, and industrial sectors. Their emphasis on durability, cost-effectiveness, and eco-friendly solutions positions them as competitive players in a traditionally dominated market.

Founded in 2015, Kenda Rubber Industrial Company, based in Taiwan, quickly gained prominence in the global bias tire market, specializing in tires for agricultural and off-road vehicles. One of their key products is the Kenda K413, designed for ATVs and UTVs, offering durability and performance in tough terrains.

Established in 2017, Horizon Tire, a U.S.-based company, specializes in producing bias tires for off-road vehicles and heavy machinery. Their flagship product, the Horizon MUDMAX, is engineered for rugged environments, offering exceptional traction and puncture resistance. Horizon’s R&D breakthrough lies in eco-friendly tire compounds, which improve fuel efficiency while enhancing the tire's durability.

Top Player’s Company Profiles

Bridgestone Corporation (Japan)

Michelin (France)

Goodyear Tire & Rubber Company (USA)

Continental AG (Germany)

Pirelli & C. S.p.A. (Italy)

Sumitomo Rubber Industries, Ltd. (Japan)

Yokohama Rubber Company (Japan)

Hankook Tire & Technology Co., Ltd. (South Korea)

Kumho Tire Co., Inc. (South Korea)

Apollo Tyres Ltd. (India)

CEAT Ltd. (India)

Balkrishna Industries Limited (BKT) (India)

ZC Rubber (Zhongce Rubber Group Co., Ltd.) (China)

Linglong Tire (China)

Toyo Tire Corporation (Japan)

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FAQs

Global Bias Tire Market size was valued at USD 7.67 Billion in 2024 and is poised to grow from USD 8.04 Billion in 2025 to USD 11.7 Billion by 2033, growing at a CAGR of 4.8% during the forecast period (2026–2033).

The global bias tire market outlook is highly competitive, with major international players such as Bridgestone, Michelin, Goodyear, and Continental dominating the landscape. These companies focus on innovation, cost efficiency, and expanding their product portfolios to cater to diverse industries like agriculture, construction, and transportation. For instance, Bridgestone emphasizes sustainability and technological advancements, while Michelin targets expanding its footprint in emerging markets to drive growth and enhance market share. 'Bridgestone Corporation (Japan) ', 'Michelin (France) ', 'Continental AG (Germany) ', 'Pirelli & C. S.p.A. (Italy) ', 'Sumitomo Rubber Industries, Ltd. (Japan) ', 'Yokohama Rubber Co., Ltd. (Japan) ', 'Hankook Tire & Technology Co., Ltd. (South Korea) ', 'Nokian Tyres plc (Finland) ', 'Toyo Tire Corporation (Japan) ', 'Nexen Tire Corporation (South Korea) ', 'Kumho Tire Co., Inc. (South Korea) ', 'Shandong Linglong Tire Co., Ltd. (China) ', 'Zhongce Rubber Group Co., Ltd. (ZC Rubber) (China) ', 'Triangle Tyre Co., Ltd. (China) ', 'Giti Tire Corporation (Singapore) ', 'Kenda Rubber Industrial Company (Taiwan) ', 'Maxxis International (Cheng Shin Rubber Industry Co.) (Taiwan) ', 'JK Tyre & Industries Ltd. (India) ', 'CEAT Limited (India) ', 'Apollo Tyres Ltd. (India)'

The growing demand for bias tires in the agriculture sector is a key driver of the global bias tire market growth. These tires are preferred in agricultural machinery due to their robustness and ability to handle rough terrain. The expansion of mechanized farming, especially in emerging markets, significantly boosts bias tire demand.

Rising Demand in Agricultural and Construction Sectors: The global bias tire market trends is experiencing increased demand from agricultural and construction sectors due to their cost-effectiveness and high load-bearing capacity. These tires are preferred for off-road applications where ruggedness, durability, and traction are essential, driving steady growth in developing regions with expanding farming and infrastructure activities.

As per the global bias tire market analysis, Europe maintains a major stake in the industry due to its consumption in applications including agriculture, construction, and off-road vehicles. Although Western Europe utilizes radial tires predominantly, Eastern Europe continues to be largely dependent on bias tires owing to their affordability and strength. Major markets like Germany, France, and Italy are responsible for this growth, aided by local production and technology, especially in heavy-duty applications. The area is also experiencing consistent demand from the replacement tire market.

Top Bias Tire Companies

Bias Tire Market Competitive Landscape

FAQs

What is the global market size of Bias Tire Market?

Who are the key vendors in the Bias Tire Market?

What is the key driver of Bias Tire Market?

What is the key market trend for Bias Tire Market?

Which region accounted for the largest share in Bias Tire Market?

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