Solid Tire Market By Type (Cured On Solid Tire, Pressed On Solid Tire); By Application (Engineered Vehicle, Construction Machinery, Military Vehicle, Others); By Size (Below 10”, 11” to 15”, 16” to 20”, 21” to 25”, Others); By Vehicle Type (Forklift, Yard Chassis, Tow Tractor, Reach Stacker, Others); By Region – Growth, Share, Opportunities & Competitive Analysis, 2024 – 2032
The Global Solid Tire Market size was valued at USD 5,460.00 million in 2018 to USD 6,579.18 million in 2024 and is anticipated to reach USD 10,833.13 million by 2032, at a CAGR of 6.51% during the forecast period.
REPORT ATTRIBUTE
DETAILS
Historical Period
2020-2023
Base Year
2024
Forecast Period
2025-2032
Solid Tire Market Size 2024
USD 6,579.18 Million
Solid Tire Market, CAGR
6.51%
Solid Tire Market Size 2032
USD 10,833.13 Million
The Global Solid Tire Market is expanding due to rising demand in construction, industrial, and warehousing applications. These tires offer durability, puncture resistance, and low maintenance, making them highly suitable for heavy-duty vehicles operating in challenging environments. Growth is further driven by increasing adoption in forklifts, port handling equipment, and mining vehicles, where efficiency and reliability are critical. Rising investments in infrastructure projects worldwide are boosting the need for solid tires, while growing focus on cost reduction and operational safety strengthens adoption across end-user industries.
From a regional perspective, Asia-Pacific leads the market due to rapid industrialization, strong manufacturing activity, and extensive logistics operations. North America follows with steady demand supported by technological advancements and large-scale warehousing networks. Europe shows consistent growth due to strict workplace safety standards and the adoption of sustainable mobility solutions. Emerging markets in Latin America and the Middle East are gaining traction as infrastructure development accelerates and industries expand, creating new opportunities for solid tire manufacturers.
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The Global Solid Tire Market size was valued at USD 5,460.00 million in 2018, reached USD 6,579.18 million in 2024, and is projected to hit USD 10,833.13 million by 2032, growing at a CAGR of 6.51%.
Asia-Pacific holds the largest share at 41%, driven by rapid industrialization, strong manufacturing hubs, and logistics expansion.
North America accounts for 27% due to technological advancements, large-scale warehousing, and stable demand from material handling equipment.
Europe secures 22% market share, supported by strict safety regulations, automation in industries, and a focus on sustainable tire solutions.
By type, Pressed-On Solid Tires lead with 58% share, while Cured-On Solid Tires account for 42%, showing steady demand across construction and warehouse applications.
Market Drivers:
Rising Demand from Industrial and Construction Applications:
The Global Solid Tire Market is gaining momentum due to expanding construction, warehousing, and industrial sectors. Solid tires are preferred for their ability to withstand heavy loads and rough terrains. Their resistance to punctures and reduced maintenance needs make them suitable for forklifts, loaders, and port equipment. Rising infrastructure development projects across Asia-Pacific and North America are further boosting demand. Industrialization and logistics expansion are driving steady adoption across warehouses and distribution centers. Their long service life offers cost savings compared to pneumatic alternatives. Companies are investing in these solutions to improve operational efficiency. It continues to attract attention from heavy-duty industries focused on durability and safety.
For example, forklifts accounted for the material handling equipment tire market share in 2023, highlighting the importance of solid tires in such vehicles. Rising infrastructure development projects across Asia-Pacific and North America, regions that held the second-largest market shares respectively as of 2023, further boost demand.
Growth in Material Handling Equipment Utilization:
The market is driven strongly by the rising use of material handling equipment across ports, airports, and manufacturing facilities. Solid tires offer stability and reliability for forklifts, cranes, and conveyor vehicles. The surge in global trade has pushed the need for reliable port handling solutions. Warehouses and e-commerce hubs are deploying more vehicles that rely on solid tire efficiency. Their strong load-bearing capacity supports round-the-clock operations without frequent replacement. Demand is also strengthened by government initiatives for logistics modernization. The Global Solid Tire Market benefits from higher automation and equipment use. It is supported by rising adoption in developed and emerging economies where logistics efficiency is crucial.
For instance, Solid tires’ stability and strong load-bearing capacity support round-the-clock operations without frequent replacements, a critical factor as warehouses and e-commerce hubs expand logistics fleets. Automation and electric forklifts demand tires engineered for longer wear and efficiency, benefiting the global solid tire market.
Increased Focus on Safety and Low Maintenance Costs:
Workplace safety regulations are influencing greater demand for solid tires across industries. Companies prioritize solutions that reduce downtime and minimize accident risks. Solid tires are non-pneumatic, removing risks of sudden air loss or blowouts. Their reliability on uneven terrains enhances operator confidence and reduces workplace hazards. Low maintenance costs also encourage preference over pneumatic alternatives. Businesses in manufacturing and mining sectors see strong cost-efficiency benefits. The Global Solid Tire Market reflects these preferences by expanding product development aligned with safety standards. It is expanding in regions with strong focus on employee welfare and equipment sustainability.
Infrastructure Investments and Global Urbanization Growth:
Large-scale investments in infrastructure projects are creating consistent demand for construction vehicles and equipment. Solid tires provide reliable support for vehicles working in harsh construction environments. Their robustness reduces operating costs for contractors and project owners. Urbanization is driving higher demand for material transport vehicles within city projects. The Global Solid Tire Market benefits from government-backed infrastructure expansion in emerging economies. Demand for cost-effective, long-lasting tires is rising among contractors seeking efficiency. Mining and energy projects are also expanding usage of these solutions. It remains a critical enabler of growth in regions where development projects are accelerating.
Market Trends:
Adoption of Sustainable and Eco-Friendly Tire Manufacturing Practices:
Sustainability is becoming a key trend shaping the market. Manufacturers are investing in eco-friendly materials and recycling initiatives to meet environmental standards. Green tire production focuses on reducing emissions during manufacturing. The Global Solid Tire Market reflects these efforts as companies develop biodegradable and recyclable products. Sustainability is also driving new partnerships in the supply chain. End-users prefer vendors aligned with green initiatives. Government regulations on waste management encourage investment in sustainable product development. It is expected to gain further traction as industries prioritize eco-conscious procurement strategies.
For instance, market research confirms a growing demand for sustainable tire materials, expected to be driven by EPR and other environmental policies.
Technological Advancements in Tire Design and Performance Enhancement:
The introduction of advanced compounds and smart designs is improving solid tire performance. Manufacturers are focusing on reducing rolling resistance to enhance efficiency. New product launches are emphasizing longer lifespan and better heat resistance. The Global Solid Tire Market benefits from continuous R&D in materials engineering. Demand for specialized tires tailored to specific equipment types is growing. Automation in factories and ports increases the need for precision-designed tires. Technological progress is improving safety and operator comfort. It represents a major differentiating factor for companies competing in high-demand industries.
For instance, Innovations yield lightweight designs and smart tires embedded with sensors to monitor temperature, pressure, and wear in real time, enabling predictive maintenance and operational efficiency improvements.
Customization for Industry-Specific Applications and Niche Segments:
Manufacturers are increasingly offering customized solutions for industries such as mining, aviation, and defense. Tailor-made designs address unique performance challenges in specialized environments. The Global Solid Tire Market highlights these shifts as customization becomes a competitive edge. End-users demand tires capable of handling extreme conditions while ensuring cost efficiency. OEMs collaborate with tire manufacturers to integrate customized designs into their vehicles. This trend enhances user satisfaction and equipment performance. Growing demand for sector-specific solutions is driving innovation pipelines. It is shaping competition among global and regional tire makers.
Integration of Digital Tools for Supply Chain and Maintenance Optimization:
Digitalization is influencing how companies manage tire procurement and maintenance. Smart tracking systems help monitor wear patterns and predict replacement cycles. Manufacturers use digital tools to streamline distribution and inventory processes. The Global Solid Tire Market demonstrates this integration through improved operational efficiency. Predictive maintenance tools are reducing downtime for industrial equipment. E-commerce platforms are expanding online availability of solid tires. Businesses prefer suppliers with transparent, digital-friendly systems. It strengthens competitiveness in a market where efficiency and cost control are priorities.
Market Challenges Analysis:
High Initial Costs and Limited Comfort in Applications:
The Global Solid Tire Market faces challenges related to higher upfront costs compared to pneumatic tires. Businesses often hesitate to invest due to larger initial budgets despite long-term savings. Operators sometimes report less comfort due to rigid structures in demanding applications. The limited shock absorption capacity can create challenges in industries sensitive to operator fatigue. Price-sensitive regions are slower to adopt these solutions despite their durability. Manufacturers must invest in innovation to reduce costs while improving ride quality. It must balance durability with affordability to enhance adoption. Growing competition among manufacturers can reduce prices, yet profitability pressures remain high.
Supply Chain Pressures and Raw Material Constraints:
Volatility in raw material prices presents a strong challenge for tire manufacturers. Fluctuating rubber and compound costs increase production expenses and reduce profit margins. Supply chain disruptions also impact delivery timelines and inventory stability. The Global Solid Tire Market experiences delays in manufacturing and product distribution during shortages. Limited access to high-quality raw materials in some regions restricts scaling efforts. Manufacturers struggle to maintain price competitiveness during periods of high input costs. It requires companies to diversify sourcing strategies and improve supply resilience. Long-term stability depends on sustainable sourcing and efficient logistics management.
Market Opportunities:
Expansion in Emerging Economies and Infrastructure Development:
Emerging economies are presenting strong opportunities for solid tire manufacturers. Rapid urbanization and infrastructure projects increase demand for construction vehicles. Industrial expansion is boosting adoption in logistics, mining, and manufacturing. The Global Solid Tire Market benefits from rising government investments in roads, ports, and airports. Growth in e-commerce also drives higher usage of forklifts and handling equipment. New entrants and regional manufacturers can tap into underserved markets. It provides room for collaborations with OEMs to expand presence. Opportunities remain strong where industrialization is progressing at a fast pace.
Product Innovation and Growing Demand for Specialized Applications:
Continuous innovation offers fresh opportunities for solid tire manufacturers. Development of advanced compounds enhances durability and performance. Specialized tires for niche applications like aviation, defense, and heavy mining gain traction. The Global Solid Tire Market benefits from growing need for tailor-made designs. Companies investing in R&D create stronger competitive positioning. Partnerships with industrial equipment makers broaden market penetration. It encourages diversification into premium and performance-driven product segments. Opportunities align with industries requiring highly durable and cost-efficient tire solutions.
Market Segmentation Analysis:
By Type
The Global Solid Tire Market is segmented into cured on solid tires and pressed on solid tires. Pressed on solid tires dominate due to their easy installation, cost efficiency, and strong use in forklifts and warehouse vehicles. Cured on solid tires maintain relevance in heavy-duty environments where superior durability is required.
For instance, Camso’s pressed-on tires, widely used in warehouse forklifts, are professionally installed on-site using specialized equipment, offer load capacities exceeding 1,500 kg per tire, and, via mobile service, enable efficient replacement to minimize downtime in busy industrial settings. Conversely, cured-on solid tires remain relevant in heavy-duty environments, including rugged outdoor conditions, where their puncture resistance and superior durability are highly valued.
By Application
Construction machinery and engineered vehicles account for the largest application share, driven by infrastructure projects and industrial expansion. Military vehicles adopt solid tires for reliability in rugged terrains, while other specialized sectors contribute to steady growth. It shows resilience across applications where performance and low maintenance are critical.
For example, Michelin supplies military-grade solid tires with run-flat capabilities and optimized tread designs enabling vehicles to maintain mobility under extreme off-road conditions, backed by their rigorous R&D on durability in varied climates ensuring operational readiness.
By Size
Segments include below 10”, 11” to 15”, 16” to 20”, 21” to 25”, and others. Tires in the 11” to 15” category lead the market due to extensive use in forklifts and handling equipment. Larger sizes find demand in construction and mining vehicles, while smaller sizes support compact and specialized machinery.
By Vehicle Type
Forklifts represent the leading segment, supported by growth in logistics, warehousing, and e-commerce distribution. Yard chassis, tow tractors, and reach stackers contribute significantly, reflecting increased deployment in ports and cargo hubs. Others provide steady demand across smaller industrial and commercial fleets. It underscores versatility across multiple vehicle types used in global supply chains.
Segmentation:
By Type
Cured On Solid Tire
Pressed On Solid Tire
By Application
Engineered Vehicle
Construction Machinery
Military Vehicle
Others
By Size
Below 10”
11” to 15”
16” to 20”
21” to 25”
Others
By Vehicle Type
Forklift
Yard Chassis
Tow Tractor
Reach Stacker
Others
By Region
North America (U.S., Canada, Mexico)
Europe (UK, France, Germany, Italy, Spain, Russia, Rest of Europe)
Asia Pacific (China, Japan, South Korea, India, Australia, Southeast Asia, Rest of Asia Pacific)
Latin America (Brazil, Argentina, Rest of Latin America)
Middle East (GCC Countries, Israel, Turkey, Rest of Middle East)
Africa (South Africa, Egypt, Rest of Africa)
Regional Analysis:
North America
The North America Solid Tire Market size was valued at USD 1,285.28 million in 2018 to USD 1,519.75 million in 2024 and is anticipated to reach USD 2,489.34 million by 2032, at a CAGR of 6.5% during the forecast period. North America accounts for 23.1% of the Global Solid Tire Market in 2024. Growth is driven by expanding logistics networks, strong demand for forklifts, and rising adoption in warehousing and distribution hubs. Industrial expansion and automation in material handling support consistent consumption. The U.S. dominates regional demand, while Canada and Mexico contribute through manufacturing and construction sectors. Regulatory focus on workplace safety reinforces the need for durable tires. It continues to gain traction through advanced technology integration and premium product launches. Investments in e-commerce and supply chain infrastructure will maintain solid growth in the region.
Europe
The Europe Solid Tire Market size was valued at USD 1,451.27 million in 2018 to USD 1,681.46 million in 2024 and is anticipated to reach USD 2,616.77 million by 2032, at a CAGR of 5.8% during the forecast period. Europe holds 25.5% of the Global Solid Tire Market in 2024. Strong demand stems from construction machinery and warehousing equipment across Germany, France, and the UK. The presence of leading tire manufacturers enhances innovation and product availability. Environmental regulations drive the use of sustainable solid tire solutions. Demand from the automotive supply chain supports steady expansion. Eastern Europe is emerging as a growth pocket with increasing industrialization. It benefits from modernization programs across ports and logistics. The region is positioned to maintain steady long-term adoption driven by safety standards and durable designs.
Asia Pacific
Asia Pacific holds about 34.0% of the Global Solid Tire Market in 2024. Growth is led by rapid industrialization, urban development, and strong manufacturing activity in China and India. Japan and South Korea provide stable demand through advanced industries and logistics hubs. Expanding e-commerce and rising infrastructure investments accelerate forklift and construction equipment adoption. Mining operations in Australia and Southeast Asia drive further traction. The region is the fastest-growing due to its scale and infrastructure needs. It benefits from favorable government policies and low-cost manufacturing advantages. Strong supplier networks position Asia Pacific as the leading regional market.
Latin America
Latin America accounts for around 7.1% of the Global Solid Tire Market in 2024. Demand is driven by industrial growth in Brazil, Mexico, and Argentina. Expanding construction projects create consistent opportunities for solid tires in heavy machinery. Ports and logistics upgrades also support forklift demand. Regional challenges include fluctuating economic stability and high import costs. Local manufacturing is limited, but partnerships with global brands are growing. It reflects potential for expansion as supply chain networks modernize. Investment in mining and energy further boosts regional adoption. Latin America offers long-term opportunities despite slower initial growth.
Middle East
The Middle East holds about 5.2% of the Global Solid Tire Market in 2024. Strong demand originates from construction and infrastructure development in GCC countries. Ports and oil-driven industries create stable requirements for forklifts and yard equipment. Israel and Turkey show demand growth in industrial machinery. Economic diversification programs in the Gulf enhance adoption in non-oil sectors. High infrastructure spending in Saudi Arabia and UAE supports the segment. Import reliance remains high, but global suppliers strengthen distribution presence. It is set for moderate growth driven by large-scale projects.
Africa
Africa contributes nearly 5.1% of the Global Solid Tire Market in 2024. South Africa dominates regional consumption with strong mining and industrial activity. Egypt follows with rising construction projects and logistics upgrades. Limited local production creates dependence on imports from Asia and Europe. Demand is steadily expanding due to urbanization and infrastructure programs. Growth opportunities lie in mining, energy, and transportation sectors. The presence of global suppliers enhances availability in key markets. It shows steady improvement as governments increase spending on industrial growth.
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The Global Solid Tire Market is characterized by strong competition among international and regional manufacturers. Leading players such as Michelin (Camso), Continental AG, Trelleborg, and Balkrishna Industries hold significant positions through product diversity and broad distribution networks. Smaller manufacturers compete by focusing on niche markets and cost-efficient solutions. Companies are investing in research and development to improve tire durability, reduce rolling resistance, and offer eco-friendly alternatives. The market is also witnessing consolidation through mergers and partnerships aimed at expanding geographic reach. Price competitiveness remains high, pushing firms to enhance customer service and aftersales support. It reflects a balance of global giants setting benchmarks and regional players strengthening localized supply. The dynamic competition ensures continuous innovation and steady evolution of industry standards.
Recent Developments:
In August 2025, Superior Tire & Rubber Corp. announced a multi-million-dollar investment plan to scale capacity and optimize production across its facilities, including a recently opened manufacturing plant dedicated to agricultural and construction remanufacturing operations. The company focuses on automation and workforce expansion to meet growing demand in material handling and construction markets.
In April 2025, Continental AG announced a strategic plan to spin off its ContiTech division, aiming to focus solely on its global tire business. The spin-off is expected to occur in 2026, transforming Continental into a pure-play tire manufacturer. This move is part of a broader restructuring including the sale of its automotive group sector and aligning the company towards high-margin tire manufacturing with projected stable growth and profitability.
In April 2025, NEXEN TIRE reported record-high quarterly sales driven by expanded production capacities and premium product launches, including high-inch tires. The company’s increased original equipment supply to major automakers and increased sales in Europe contributed to a 13.7% year-on-year revenue increase in Q1 2025.
Report Coverage:
The research report offers an in-depth analysis based on type, application, size, and vehicle type. It details leading market players, providing an overview of their business, product offerings, investments, revenue streams, and key applications. Additionally, the report includes insights into the competitive environment, SWOT analysis, current market trends, as well as the primary drivers and constraints. Furthermore, it discusses various factors that have driven market expansion in recent years. The report also explores market dynamics, regulatory scenarios, and technological advancements that are shaping the industry. It assesses the impact of external factors and global economic changes on market growth. Lastly, it provides strategic recommendations for new entrants and established companies to navigate the complexities of the market.
Future Outlook:
Rising demand for forklifts will continue driving tire adoption in logistics and e-commerce.
Construction machinery expansion will support steady growth across infrastructure projects.
Military and defense vehicles will increasingly adopt solid tires for rugged terrains.
Larger tire sizes will gain traction with the growth of mining and heavy-duty equipment.
Asia Pacific will remain the fastest-growing region due to industrialization and urban expansion.
Sustainable tire manufacturing will become a key differentiator among global players.
Digital platforms will expand distribution and aftermarket sales channels globally.
R&D investments will focus on enhancing durability and reducing rolling resistance.
Strategic partnerships between OEMs and tire companies will intensify to meet demand.
The market will show resilience, driven by industrial safety and cost efficiency.
CHAPTER NO. 1 : GENESIS OF THE MARKET
1.1 Market Prelude – Introduction & Scope
1.2 The Big Picture – Objectives & Vision
1.3 Strategic Edge – Unique Value Proposition
1.4 Stakeholder Compass – Key Beneficiaries CHAPTER NO. 2 : EXECUTIVE LENS
2.1 Pulse of the Industry – Market Snapshot
2.2 Growth Arc – Revenue Projections (USD Million)
2.3. Premium Insights – Based on Primary Interviews CHAPTER NO. 3 : SOLID TIRE MARKET FORCES & INDUSTRY PULS
3.1 Foundations of Change – Market Overview
3.2 Catalysts of Expansion – Key Market Drivers
3.2.1 Momentum Boosters – Growth Triggers
3.2.2 Innovation Fuel – Disruptive Technologies
3.3 Headwinds & Crosswinds – Market Restraints
3.3.1 Regulatory Tides – Compliance Challenges
3.3.2 Economic Frictions – Inflationary Pressures
3.4 Untapped Horizons – Growth Potential & Opportunities
3.5 Strategic Navigation – Industry Frameworks
3.5.1 Market Equilibrium – Porter’s Five Forces
3.5.2 Ecosystem Dynamics – Value Chain Analysis
3.5.3 Macro Forces – PESTEL Breakdown
3.6 Price Trend Analysis
3.6.1 Regional Price Trend
3.6.2 Price Trend by product CHAPTER NO. 4 : KEY INVESTMENT EPICENTER
4.1 Regional Goldmines – High-Growth Geographies
4.2 Size Frontiers – Lucrative Size Categories
4.3 Application Sweet Spots – Emerging Demand Segments CHAPTER NO. 5: REVENUE TRAJECTORY & WEALTH MAPPING
5.1 Momentum Metrics – Forecast & Growth Curves
5.2 Regional Revenue Footprint – Market Share Insights
5.3 Segmental Wealth Flow – Type & Application Revenue CHAPTER NO. 6 : TRADE & COMMERCE ANALYSIS
6.1. Import Analysis by Region
6.1.1. Global Solid Tire Market Import Revenue By Region
6.2. Export Analysis by Region
6.2.1. Global Solid Tire Market Export Revenue By Region CHAPTER NO. 7 : COMPETITION ANALYSIS
7.1. Company Market Share Analysis
7.1.1. Global Solid Tire Market: Company Market Share
7.2. Global Solid Tire Market Company Revenue Market Share
7.3. Strategic Developments
7.3.1. Acquisitions & Mergers
7.3.2. New Size Launch
7.3.3. Regional Expansion
7.4. Competitive Dashboard
7.5. Company Assessment Metrics, 2024 CHAPTER NO. 8 : SOLID TIRE MARKET – BY TYPE SEGMENT ANALYSIS
8.1. Solid Tire Market Overview by Type Segment
8.1.1. Solid Tire Market Revenue Share By Type
8.2. Cured On Solid Tire
8.3. Pressed On Solid Tire CHAPTER NO. 9 : SOLID TIRE MARKET – BY APPLICATION SEGMENT ANALYSIS
9.1. Solid Tire Market Overview by Application Segment
9.1.1. Solid Tire Market Revenue Share By Application
9.2. Engineered Vehicle
9.3. Construction Machinery
9.4. Military Vehicle
9.5. Others CHAPTER NO. 10 : SOLID TIRE MARKET – BY SIZE SEGMENT ANALYSIS
10.1. Solid Tire Market Overview by Size Segment
10.1.1. Solid Tire Market Revenue Share By Size
10.2. Below 10”
10.3. 11″” to 15″”
10.4. 16″” to 20″”
10.5. 21″” to 25″”
10.6. Others CHAPTER NO. 11 : SOLID TIRE MARKET – BY VEHICLE TYPE SEGMENT ANALYSIS
11.1. Solid Tire Market Overview by Vehicle Type Segment
11.1.1. Solid Tire Market Revenue Share By Vehicle Type
11.2. Fork lift
11.3. Yard Chassis
11.4. Tow Tractor
11.5. Reach Stacker
11.6. Others CHAPTER NO. 12 : SOLID TIRE MARKET – REGIONAL ANALYSIS
12.1. Solid Tire Market Overview by Region Segment
12.1.1. Global Solid Tire Market Revenue Share By Region
12.1.2. Regions
12.1.3. Global Solid Tire Market Revenue By Region
12.1.4. Type
12.1.5. Global Solid Tire Market Revenue By Type
12.1.6. Application
12.1.7. Global Solid Tire Market Revenue By Application
12.1.8. Size
12.1.9. Global Solid Tire Market Revenue By Size
12.1.10. Vehicle Type
12.1.11. Global Solid Tire Market Revenue By Vehicle Type CHAPTER NO. 13 : NORTH AMERICA SOLID TIRE MARKET – COUNTRY ANALYSIS
13.1. North America Solid Tire Market Overview by Country Segment
13.1.1. North America Solid Tire Market Revenue Share By Region
13.2. North America
13.2.1. North America Solid Tire Market Revenue By Country
13.2.2. Type
13.2.3. North America Solid Tire Market Revenue By Type
13.2.4. Application
13.2.5. North America Solid Tire Market Revenue By Application
13.2.6. Size
13.2.7. North America Solid Tire Market Revenue By Size
13.2.8. Vehicle Type
13.2.9. North America Solid Tire Market Revenue By Vehicle Type
13.3. U.S.
13.4. Canada
13.5. Mexico CHAPTER NO. 14 : EUROPE SOLID TIRE MARKET – COUNTRY ANALYSIS
14.1. Europe Solid Tire Market Overview by Country Segment
14.1.1. Europe Solid Tire Market Revenue Share By Region
14.2. Europe
14.2.1. Europe Solid Tire Market Revenue By Country
14.2.2. Type
14.2.3. Europe Solid Tire Market Revenue By Type
14.2.4. Application
14.2.5. Europe Solid Tire Market Revenue By Application
14.2.6. Size
14.2.7. Europe Solid Tire Market Revenue By Size
14.2.8. Vehicle Type
14.2.9. Europe Solid Tire Market Revenue By Vehicle Type
14.3. UK
14.4. France
14.5. Germany
14.6. Italy
14.7. Spain
14.8. Russia
14.9. Rest of Europe CHAPTER NO. 15 : ASIA PACIFIC SOLID TIRE MARKET – COUNTRY ANALYSIS
15.1. Asia Pacific Solid Tire Market Overview by Country Segment
15.1.1. Asia Pacific Solid Tire Market Revenue Share By Region
15.2. Asia Pacific
15.2.1. Asia Pacific Solid Tire Market Revenue By Country
15.2.2. Type
15.2.3. Asia Pacific Solid Tire Market Revenue By Type
15.2.4. Application
15.2.5. Asia Pacific Solid Tire Market Revenue By Application
15.2.6. Size
15.2.7. Asia Pacific Solid Tire Market Revenue By Size
15.2.8. Vehicle Type
15.2.9. Asia Pacific Solid Tire Market Revenue By Vehicle Type
15.3. China
15.4. Japan
15.5. South Korea
15.6. India
15.7. Australia
15.8. Southeast Asia
15.9. Rest of Asia Pacific CHAPTER NO. 16 : LATIN AMERICA SOLID TIRE MARKET – COUNTRY ANALYSIS
16.1. Latin America Solid Tire Market Overview by Country Segment
16.1.1. Latin America Solid Tire Market Revenue Share By Region
16.2. Latin America
16.2.1. Latin America Solid Tire Market Revenue By Country
16.2.2. Type
16.2.3. Latin America Solid Tire Market Revenue By Type
16.2.4. Application
16.2.5. Latin America Solid Tire Market Revenue By Application
16.2.6. Size
16.2.7. Latin America Solid Tire Market Revenue By Size
16.2.8. Vehicle Type
16.2.9. Latin America Solid Tire Market Revenue By Vehicle Type
16.3. Brazil
16.4. Argentina
16.5. Rest of Latin America CHAPTER NO. 17 : MIDDLE EAST SOLID TIRE MARKET – COUNTRY ANALYSIS
17.1. Middle East Solid Tire Market Overview by Country Segment
17.1.1. Middle East Solid Tire Market Revenue Share By Region
17.2. Middle East
17.2.1. Middle East Solid Tire Market Revenue By Country
17.2.2. Type
17.2.3. Middle East Solid Tire Market Revenue By Type
17.2.4. Application
17.2.5. Middle East Solid Tire Market Revenue By Application
17.2.6. Size
17.2.7. Middle East Solid Tire Market Revenue By Size
17.2.8. Vehicle Type
17.2.9. Middle East Solid Tire Market Revenue By Vehicle Type
17.3. GCC Countries
17.4. Israel
17.5. Turkey
17.6. Rest of Middle East CHAPTER NO. 18 : AFRICA SOLID TIRE MARKET – COUNTRY ANALYSIS
18.1. Africa Solid Tire Market Overview by Country Segment
18.1.1. Africa Solid Tire Market Revenue Share By Region
18.2. Africa
18.2.1. Africa Solid Tire Market Revenue By Country
18.2.2. Type
18.2.3. Africa Solid Tire Market Revenue By Type
18.2.4. Application
18.2.5. Africa Solid Tire Market Revenue By Application
18.2.6. Size
18.2.7. Africa Solid Tire Market Revenue By Size
18.2.8. Vehicle Type
18.2.9. Africa Solid Tire Market Revenue By Vehicle Type
18.3. South Africa
18.4. Egypt
18.5. Rest of Africa CHAPTER NO. 19 : COMPANY PROFILES
19.1. CAMSO (Micheline)
19.1.1. Company Overview
19.1.2. Size Portfolio
19.1.3. Financial Overview
19.1.4. Recent Developments
19.1.5. Growth Strategy
19.1.6. SWOT Analysis
19.2. Continental AG
19.3. Global Rubber industries
19.4. Initial Appearance LLC
19.5. NEXEN TIRE
19.6. Setco Solid Tire & Rim Assembly
19.7. Superior Tire & Rubber Corp
19.8. Trelleborg
19.9. Tube & Solid Tire
19.10. TY Cushion Tire
19.11. Maxam Tire
19.12. Yantai Balsanse Rubber Co., LTD.
19.13. Balkrishna Industries Limited (BKT)
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Frequently Asked Questions:
What is the current market size for Global Solid Tire Market, and what is its projected size in 2032?
The Global Solid Tire Market size was valued at USD 5,460.00 million in 2018, reached USD 6,579.18 million in 2024, and is anticipated to reach USD 10,833.13 million by 2032. Growth remains strong across industrial and construction sectors.
At what Compound Annual Growth Rate is the Global Solid Tire Market projected to grow between 2025 and 2032?
The market is projected to grow at a CAGR of 6.51% during the forecast period. It reflects rising demand across logistics, construction, and material handling industries.
Which Global Solid Tire Market segment held the largest share in 2024?
Pressed on solid tires held the largest share in 2024. Their cost efficiency and extensive use in forklifts and warehouse vehicles drove this leadership position.
What are the primary factors fueling the growth of the Global Solid Tire Market?
Key factors include industrial expansion, rising warehousing demand, safety compliance, and infrastructure development. Their durability and low maintenance costs further support adoption.
Who are the leading companies in the Global Solid Tire Market?
Major players include Michelin (Camso), Continental AG, Trelleborg, Balkrishna Industries, Maxam Tire, and Global Rubber Industries. These firms drive innovation and dominate distribution networks worldwide.
Which region commanded the largest share of the Global Solid Tire Market in 2024?
Asia Pacific commanded the largest share of the market in 2024. Industrial growth, infrastructure projects, and strong logistics expansion supported its dominance.
About Author
Sushant Phapale
ICT & Automation Expert
Sushant is an expert in ICT, automation, and electronics with a passion for innovation and market trends.
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The Door and Window Automation Market size was valued at USD 19.93 billion in 2024 and is anticipated to reach USD 30.58 billion by 2032, at a CAGR of 5.5% during the forecast period.
Construction Workflow Automation Market size was valued USD 3.59 billion in 2024 and is anticipated to reach USD 12.27 billion by 2032, at a CAGR of 16.6% during the forecast period.
The global concrete paving equipment market was valued at USD 2.09 billion in 2024 and is projected to reach USD 3.59 billion by 2032, growing at a CAGR of 7% during the forecast period.
The Dry Vacuum Pumps market size was valued at USD 2.29 billion in 2024 and is anticipated to reach USD 3.28 billion by 2032, at a CAGR of 4.56% during the forecast period
Digital Servo Motors and Drives Market size was valued USD 6.69 billion in 2024 and is anticipated to reach USD 12.66 billion by 2032, at a CAGR of 8.3% during the forecast period.
The Digital Logistics Market was valued at USD 12.79 billion in 2024 and is projected to reach USD 33.29 billion by 2032, growing at a CAGR of 12.7% during the forecast period.
Die Cutting Service Market size was valued USD 6.79 billion in 2024 and is anticipated to reach USD 10.03 billion by 2032, at a CAGR of 5% during the forecast period.
The Cotton Processing Equipment Market was valued at USD 19.16 billion in 2024 and is anticipated to reach USD 24.84 billion by 2032, at a CAGR of 3.3% during the forecast period.
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Thank you for the data! The numbers are exactly what we asked for and what we need to build our business case.
Materials Scientist (privacy requested)
The report was an excellent overview of the Industrial Burners market. This report does a great job of breaking everything down into manageable chunks.
