The global Truck & Bus Radial (TBR) tire market is poised for substantial growth over the next decade, driven by rising demand for commercial transportation, expansion of road infrastructure in emerging economies, and ongoing advancements in tire durability and fuel efficiency. TBR tires, known for their lower rolling resistance, enhanced tread life, and superior performance under heavy load conditions, are increasingly replacing traditional bias-ply tires across the globe.
Truck & bus radial tire market size was valued at USD 19.50 billion in 2024. The truck & bus radial tire industry is projected to grow from USD 20.71 billion in 2025 to USD 36.13 billion by 2034, exhibiting a CAGR of 6.4% during 2025-2034.
This report provides a comprehensive overview of the market landscape, offering insights into key segments by tire type and vehicle application, regional developments, and a deep dive into the strategies adopted by leading TBR tire manufacturers to stay ahead in a highly competitive environment.
Market Overview
Radial tires for commercial trucks and buses are engineered to deliver optimal performance across long-distance haulage, city transport, and off-road logistics operations. Unlike bias-ply tires, radial-ply construction allows for better heat dissipation, longer tread life, and improved fuel economy—qualities that have made them essential in commercial vehicle fleets globally.
The rise of e-commerce, increased freight movement, and greater investment in public and private transportation systems are bolstering the need for durable and high-performance radial tires. Moreover, stringent regulations on emissions and fuel efficiency have intensified the demand for low rolling resistance tires that support sustainable transport.
As the logistics and public transportation sectors evolve, fleet managers are focusing more on cost of ownership and lifecycle efficiency, positioning TBR tires as the optimal choice due to their longer life cycles, retreadability, and performance under diverse climatic and road conditions.
Market Segmentation
By Tire Type
1. All-Season Radial Tires
These versatile tires are ideal for regions with moderate weather conditions and are widely adopted for both long-haul and city logistics.
2. Winter Radial Tires
Designed for cold climates, these tires provide enhanced traction on snow and ice. Demand is concentrated in North America and parts of Europe.
3. High-Speed Radial Tires
Optimized for stability and performance on highways, these tires are common in logistics fleets operating on intercity routes.
4. Heavy-Duty Radial Tires
These are engineered for construction, mining, and off-road transportation, offering enhanced puncture resistance and load-carrying capacity.
By Application
1. Trucks
Includes long-haul freight trucks, refrigerated trucks, tankers, and heavy-duty cargo vehicles. This segment dominates the market due to increasing freight movement and cross-border trade.
2. Buses
Includes city buses, intercity coaches, and school buses. Governments’ emphasis on public transit is encouraging demand for high-mileage and safe radial tires in urban centers.
3. Specialty Vehicles
Covers construction and mining trucks, fire trucks, and military transport vehicles. This niche market relies on radial tires for their durability and stability in challenging terrains.
By Sales Channel
1. OEM (Original Equipment Manufacturer)
These are tires supplied directly to vehicle manufacturers. As truck and bus production rises globally, OEM demand continues to grow steadily.
2. Aftermarket
The largest share of the market stems from replacement tires, as radial tires are known for retreadability and longer lifecycle costs. Fleets often rely on aftermarket sales for tire upgrades and replacements.
Truck & bus radial tire market size was valued at USD 19.50 billion in 2024. The truck & bus radial tire industry is projected to grow from USD 20.71 billion in 2025 to USD 36.13 billion by 2034, exhibiting a CAGR of 6.4% during 2025-2034.
This report provides a comprehensive overview of the market landscape, offering insights into key segments by tire type and vehicle application, regional developments, and a deep dive into the strategies adopted by leading TBR tire manufacturers to stay ahead in a highly competitive environment.
Market Overview
Radial tires for commercial trucks and buses are engineered to deliver optimal performance across long-distance haulage, city transport, and off-road logistics operations. Unlike bias-ply tires, radial-ply construction allows for better heat dissipation, longer tread life, and improved fuel economy—qualities that have made them essential in commercial vehicle fleets globally.
The rise of e-commerce, increased freight movement, and greater investment in public and private transportation systems are bolstering the need for durable and high-performance radial tires. Moreover, stringent regulations on emissions and fuel efficiency have intensified the demand for low rolling resistance tires that support sustainable transport.
As the logistics and public transportation sectors evolve, fleet managers are focusing more on cost of ownership and lifecycle efficiency, positioning TBR tires as the optimal choice due to their longer life cycles, retreadability, and performance under diverse climatic and road conditions.
Market Segmentation
By Tire Type
1. All-Season Radial Tires
These versatile tires are ideal for regions with moderate weather conditions and are widely adopted for both long-haul and city logistics.
2. Winter Radial Tires
Designed for cold climates, these tires provide enhanced traction on snow and ice. Demand is concentrated in North America and parts of Europe.
3. High-Speed Radial Tires
Optimized for stability and performance on highways, these tires are common in logistics fleets operating on intercity routes.
4. Heavy-Duty Radial Tires
These are engineered for construction, mining, and off-road transportation, offering enhanced puncture resistance and load-carrying capacity.
By Application
1. Trucks
Includes long-haul freight trucks, refrigerated trucks, tankers, and heavy-duty cargo vehicles. This segment dominates the market due to increasing freight movement and cross-border trade.
2. Buses
Includes city buses, intercity coaches, and school buses. Governments’ emphasis on public transit is encouraging demand for high-mileage and safe radial tires in urban centers.
3. Specialty Vehicles
Covers construction and mining trucks, fire trucks, and military transport vehicles. This niche market relies on radial tires for their durability and stability in challenging terrains.
By Sales Channel
1. OEM (Original Equipment Manufacturer)
These are tires supplied directly to vehicle manufacturers. As truck and bus production rises globally, OEM demand continues to grow steadily.
2. Aftermarket
The largest share of the market stems from replacement tires, as radial tires are known for retreadability and longer lifecycle costs. Fleets often rely on aftermarket sales for tire upgrades and replacements.
The global Truck & Bus Radial (TBR) tire market is poised for substantial growth over the next decade, driven by rising demand for commercial transportation, expansion of road infrastructure in emerging economies, and ongoing advancements in tire durability and fuel efficiency. TBR tires, known for their lower rolling resistance, enhanced tread life, and superior performance under heavy load conditions, are increasingly replacing traditional bias-ply tires across the globe.
Truck & bus radial tire market size was valued at USD 19.50 billion in 2024. The truck & bus radial tire industry is projected to grow from USD 20.71 billion in 2025 to USD 36.13 billion by 2034, exhibiting a CAGR of 6.4% during 2025-2034.
This report provides a comprehensive overview of the market landscape, offering insights into key segments by tire type and vehicle application, regional developments, and a deep dive into the strategies adopted by leading TBR tire manufacturers to stay ahead in a highly competitive environment.
Market Overview
Radial tires for commercial trucks and buses are engineered to deliver optimal performance across long-distance haulage, city transport, and off-road logistics operations. Unlike bias-ply tires, radial-ply construction allows for better heat dissipation, longer tread life, and improved fuel economy—qualities that have made them essential in commercial vehicle fleets globally.
The rise of e-commerce, increased freight movement, and greater investment in public and private transportation systems are bolstering the need for durable and high-performance radial tires. Moreover, stringent regulations on emissions and fuel efficiency have intensified the demand for low rolling resistance tires that support sustainable transport.
As the logistics and public transportation sectors evolve, fleet managers are focusing more on cost of ownership and lifecycle efficiency, positioning TBR tires as the optimal choice due to their longer life cycles, retreadability, and performance under diverse climatic and road conditions.
Market Segmentation
By Tire Type
1. All-Season Radial Tires
These versatile tires are ideal for regions with moderate weather conditions and are widely adopted for both long-haul and city logistics.
2. Winter Radial Tires
Designed for cold climates, these tires provide enhanced traction on snow and ice. Demand is concentrated in North America and parts of Europe.
3. High-Speed Radial Tires
Optimized for stability and performance on highways, these tires are common in logistics fleets operating on intercity routes.
4. Heavy-Duty Radial Tires
These are engineered for construction, mining, and off-road transportation, offering enhanced puncture resistance and load-carrying capacity.
By Application
1. Trucks
Includes long-haul freight trucks, refrigerated trucks, tankers, and heavy-duty cargo vehicles. This segment dominates the market due to increasing freight movement and cross-border trade.
2. Buses
Includes city buses, intercity coaches, and school buses. Governments’ emphasis on public transit is encouraging demand for high-mileage and safe radial tires in urban centers.
3. Specialty Vehicles
Covers construction and mining trucks, fire trucks, and military transport vehicles. This niche market relies on radial tires for their durability and stability in challenging terrains.
By Sales Channel
1. OEM (Original Equipment Manufacturer)
These are tires supplied directly to vehicle manufacturers. As truck and bus production rises globally, OEM demand continues to grow steadily.
2. Aftermarket
The largest share of the market stems from replacement tires, as radial tires are known for retreadability and longer lifecycle costs. Fleets often rely on aftermarket sales for tire upgrades and replacements.
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