Construction Machinery Tires Market

By Tire Type;

Radial Tire and Bias Tire

By Construction Machinery Type;

Earth Moving Machinery [Backhoe, Loaders, Excavators and Other Earth Moving Machinery], Material Handling [Cranes and Dump Trucks]

By Sales Channel Type;

OEMs and Aftermarket

By Geography;

North America, Europe, Asia Pacific, Middle East & Africa and Latin America - Report Timeline (2021 - 2031)
Report ID: Rn144328917 Published Date: August, 2025 Updated Date: September, 2025

Construction Machinery Tires Market Overview

Construction Machinery Tires Market (USD Million)

Construction Machinery Tires Market was valued at USD 5274.58 million in the year 2024. The size of this market is expected to increase to USD 7421.86 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 5.0%.


Construction Machinery Tires Market

*Market size in USD million

CAGR 5.0 %


Study Period2025 - 2031
Base Year2024
CAGR (%)5.0 %
Market Size (2024)USD 5274.58 Million
Market Size (2031)USD 7421.86 Million
Market ConcentrationMedium
Report Pages321
5274.58
2024
7421.86
2031

Major Players

  • Bridgestone Corporation
  • Hankook Tire
  • Michelin
  • Goodyear Tire & Rubber Company
  • Alliance Tire Company Ltd
  • Trelleborg AB

Market Concentration

Consolidated - Market dominated by 1 - 5 major players

Construction Machinery Tires Market

Fragmented - Highly competitive market without dominant players


The Construction Machinery Tires Market is expanding as heavy-duty projects increasingly depend on specialized tires for optimal performance. About 65% of construction equipment now uses advanced tires to provide traction, durability, and reliability under demanding conditions.

Strong Demand Across Heavy Equipment
A major 68% of tire usage is linked to excavators, loaders, cranes, and dumpers. Their strength and resilience make them indispensable in ensuring uninterrupted heavy-duty performance.

Key Role in Earthmoving & Transport
Earthmoving and handling tasks represent 57% of applications, where tires support bulk load movement, excavation, and site stability. Their efficiency directly influences project outcomes.

Innovation Enhancing Tire Performance
Technological advancements are evident, with 49% of new tires featuring puncture-proof materials, fuel-efficient designs, and advanced tread technologies. These upgrades enhance productivity while reducing operating costs.

Applications Extending Beyond Construction
The market is diversifying, with 44% of adoption in mining, industrial machinery, and waste handling equipment. This broad utilization showcases their adaptability across multiple heavy-duty sectors.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Type
    2. Market Snapshot, By Construction Machinery
    3. Market Snapshot, By Sales Channel
    4. Market Snapshot, By End Use
    5. Market Snapshot, By Region
  4. Construction Machinery Tires Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Increasing global construction projects
        2. Demand for durable tires
        3. Mining industry growth
        4. Automation in machinery
      2. Restraints
        1. Tire repair challenges
        2. Skilled labor shortages
        3. Material preference changes
      3. Opportunities
        1. Tire technological innovations
        2. Aftermarket tire services
        3. IoT tire monitoring
        4. Custom tire solutions
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Construction Machinery Tires Market, By Type, 2021 - 2031 (USD Million)
      1. Radial Tire
      2. Bias Tire
    2. Construction Machinery Tires Market, By Construction Machinery , 2021 - 2031 (USD Million)
      1. Earth Moving Machinery
      2. Material Handling
      3. Loaders
    3. Construction Machinery Tires Market, By Sales Channel , 2021 - 2031 (USD Million)
      1. OEMs
      2. Aftermarket
    4. Construction Machinery Tires Market, By Construction Machinery , 2021 - 2031 (USD Million)

      1. Construction

      2. Mining

      3. Agriculture

      4. Forestry

    5. Construction Machinery Tires Market, By Geography, 2021 - 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape Analysis
    1. Company Profiles
      1. Bridgestone Corporation
      2. Hankook Tire
      3. Michelin
      4. Goodyear Tire & Rubber Company
      5. Alliance Tire Company Ltd
      6. Trelleborg AB
  7. Analyst Views
  8. Future Outlook of the Market