As the global automotive industry transitions toward new energy vehicles (NEVs), the tire industry is facing new growth opportunities. According to market research, the global tire market is expected to continue expanding in 2025, reaching an estimated $256.1 billion USD. One of the key drivers of this growth is the increasing demand for tires specifically designed for electric vehicles (EVs).
The widespread adoption of NEVs has led to new requirements for tires, including lower rolling resistance, enhanced durability, and improved grip. To meet these demands, major tire brands have introduced specialized EV tires featuring noise reduction and extended mileage to improve energy efficiency and driving performance.
With stricter global environmental regulations, tire manufacturers are accelerating the adoption of sustainable materials such as bio-based rubber and recycled carbon black. Additionally, advancements in green manufacturing processes and tire recycling technologies are helping reduce carbon emissions and promote sustainable industry practices.
The restructuring of global tire supply chains, influenced by shifting trade policies, is reshaping the competitive landscape. As vehicle ownership continues to rise in emerging markets like Southeast Asia and South America, the demand for high-value tires is increasing, creating new growth opportunities for tire exporters.
To stay ahead of industry shifts, tire manufacturers and distributors must closely monitor market trends and adjust their product strategies accordingly. In the future, technological innovation and brand competitiveness will be the key factors for success in the tire industry.