Port and Industrial Tire Market

By Type;

Radial Tire, Super Elastic Tires, Tread Less Tires, and Multilayer Tires

By Application;

Port, and Airport Ground

By Sales Channel;

Aftermarket, and OEM

By Geography;

North America, Europe, Asia Pacific, Middle East and Africa and Latin America - Report Timeline (2021 - 2031)
Report ID: Rn585450487 Published Date: August, 2025 Updated Date: September, 2025

Port and Industrial Tire Market Overview

Port and Industrial Tire Market (USD Million)

Port and Industrial Tire Market was valued at USD 9,017.52 million in the year 2024. The size of this market is expected to increase to USD 14,151.84 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 6.7%.


Port and Industrial Tire Market

*Market size in USD million

CAGR 6.7 %


Study Period2025 - 2031
Base Year2024
CAGR (%)6.7 %
Market Size (2024)USD 9,017.52 Million
Market Size (2031)USD 14,151.84 Million
Market ConcentrationMedium
Report Pages341
9,017.52
2024
14,151.84
2031

Major Players

  • Alliance Tire Group (ATG )
  • Balkrishna Industries
  • Goodyear
  • Michelin
  • Nokian Tyres
  • Bridgestone Corporation
  • Continental AG
  • MICHELIN
  • Nokian Tyres Plc.
  • The Goodyear Tire & Rubber Company
  • CEAT Ltd.
  • Yokohama Tire Corporation
  • Rovince Tire
  • Xuzhou Armour Rubber Company Ltd.
  • Cheng Shin Rubber Industry Co. Ltd.
  • Cooper Tire & Rubber Company
  • Magna International acquired Industra Ltd

Market Concentration

Consolidated - Market dominated by 1 - 5 major players

Port and Industrial Tire Market

Fragmented - Highly competitive market without dominant players


The Port and Industrial Tire Market is witnessing consistent expansion, driven by rising demand for heavy-duty vehicles in logistics, construction, and port operations. Around 48% of container handling equipment relies on specialized tires designed for durability and load-bearing efficiency. Their critical role in ensuring operational continuity is fueling sustained market growth.

Increasing Demand from Port Operations
With trade volumes surging, nearly 44% of port-based vehicles such as reach stackers, straddle carriers, and terminal tractors are now fitted with high-performance industrial tires. The need for longer service life and reduced downtime is pushing operators toward premium tire solutions.

Rising Usage in Industrial Applications
In manufacturing and warehousing, close to 41% of material-handling vehicles including forklifts and loaders use specialized industrial tires. These products enhance stability, improve load distribution, and reduce wear, supporting productivity across large-scale industrial operations.

Technological Advancements Enhancing Performance
Smart tire technologies are gaining traction, as over 33% of operators adopt sensor-equipped solutions to monitor pressure, temperature, and wear in real-time. These advancements are improving safety, efficiency, and predictive maintenance in both port and industrial settings.

  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 Application
    3. Market Snapshot, By Sales Channel
    4. Market Snapshot, By Region
  4. Port and Industrial Tire Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Material handling

        2. Industrialization

        3. Trade volumes

        4. Infrastructure development

      2. Restraints
        1. Supply chain disruptions

        2. Fluctuating raw material prices

        3. Trade tensions and tariffs

        4. Regulatory compliance costs

      3. Opportunities
        1. Trade growth

        2. Logistics expansion

        3. Infrastructure development

        4. Environmental sustainability

    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. Port and Industrial Tire Market, By Type, 2021 - 2031 (USD Million)
      1. Radial Tire
      2. Super Elastic Tires
      3. Tread less Tires
      4. Multilayer Tires
    2. Port and Industrial Tire Market, By Application, 2021 - 2031 (USD Million)
      1. Port
      2. Airport ground
    3. Port and Industrial Tire Market, By Sales Channel, 2021 - 2031 (USD Million)
      1. Aftermarket
      2. OEM
    4. Port and Industrial Tire 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 ASEAN (Association of South East Asian Countries)
        6. 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

    Analyst Views

    1. Company Profiles
      1. ATG
      2. Armour
      3. Balkrishna Industries
      4. Bridgestone
      5. Camso
      6. Cheng Shin Rubber
      7. Continental Tires
      8. Cooper Tire and Rubber
      9. Goodyear Tire and Rubber
      10. Michelin
      11. Nokian Tyres
      12. Rovince Tire
      13. Titan International
      14. Firestone Tire & Rubber
      15. Trelleborg AB
  7. Future Outlook of the Market