The global two wheeler tire market size was valued at around USD 13.87 Billion in 2022 and is estimated to reach USD 19.2 Billion by 2031, expanding at a CAGR of around 3.68% during the forecast period, 2023 – 2031. The growth of the market is attributed to increasing disposable income and rapid development in the two wheeler electric market.
Two wheeler tires are manufactured from rubber, carbon black, chemicals, and metals to ensure traction on the road and smooth running of the vehicle. Timely maintenance is required to ensure long and smooth life of two wheeler vehicle, which has led to more demand for high quality tires.

Market Trends, Drivers, Restraints, and Opportunities
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Rapid urbanization, rural development, and surging middle class population are some of the key factors increasing the demand for two wheeler vehicles across the globe.
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Rising traffic and lack of availability of parking space in cosmopolitan cities are boosting the growth of the two wheeler tire market.
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Trade barriers between the US and China can restrain the market growth.
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The outbreak of COVID-19 had affected the market in various aspects. Several two wheeler tire manufacturers are facing issues in accessing raw material as the supply chain is disrupted owing to imposed lockdown. However, the restrictions have been relaxed in various parts of the world, stimulating the market growth.
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Ongoing development of radial tire technology can create lucrative opportunities during the forecast period.
Scope of the Report
The report on the global two wheeler tire market includes an assessment of the market, trends, segments, and regional markets. Overview and dynamics have also been included in the report.
Attributes
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Details
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Report Title
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Two wheeler tire Market - Global Industry Analysis, Growth, Share, Size, Trends, and Forecast
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Base Year
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2022
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Historic Data
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2016–2021
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Forecast Period
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2023–2031
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Segmentation
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Types (Motorcycle Tires, Scooter Tires, Moped Tires, and Others) and Application (OEMs and Aftermarket)
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Regional Scope
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Asia Pacific, North America, Latin America, Europe, and Middle East & Africa
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Report Coverage
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Company Share, Market Analysis and Size, Competitive Landscape, Growth Factors, and Trends, and Revenue Forecast
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Key Players Covered in the Report
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Ceat, MRF, TVS Srichakra, Apollo Tyres Ltd, JK Tyre & Industries Ltd, Hangzhou Zhongce Rubber CO, Rinaldi S/A Industria de Pneumaticos, Bridgestone Corp, Compagnie Générale des Établissements Michelin SCA, Cooper Tire and Rubber, Hankook Tire, Sumitomo Rubber Industries, Superking Manufacturers (Tyre), and Yokohama Rubber
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Two Wheeler Tire Market Segment Insights:
Scooter tires and moped tires segments to account a large market share
Based on types, the market is segmented into motorcycle tires, scooter tires, moped tires, and others. The scooter tires and moped tires segments are anticipated to account for a large market share owing to the high level of traction and agile handling of two wheelers offered by these tires . Rising demand for two-wheelers for personal transportation has stimulated the two wheeler production in emerging economies driving the growth of both the segments.
OEMs segment to grow at a steady rate
Based on applications, the two wheeler tire market is segmented OEMs and aftermarket. The OEMs segment is anticipated to grow at a steady rate owing to the increasing sale of two-wheelers and increasing number of electric manufacturers in two-wheelers market.

The market in Asia Pacific to exhibit a high CAGR
On the basis of regions, the market is segregated into North America, Europe, Asia Pacific, Middle East & Africa, and Latin America. Asia Pacific dominated the market in 2020, in terms of volume and revenue. India and China were the prominent countries for the two wheeler tire market.
Both of these countries accounted for large number of two-wheeler tire sales. The combined market share of these countries is over 80 percent in the global two wheeler tire market. However, North America and Africa is expected to account for a considerable market share owing to increasing demand for motorcycle tires.
Segments
The global two wheeler tire market has been segmented on the basis of
Types
- Motorcycle Tires
- Scooter Tires
- Moped Tires
- Others
Applications
Regions
- Asia Pacific
- North America
- Latin America
- Europe
- Middle East & Africa
Key Players
- Ceat
- MRF
- TVS Srichakra
- Apollo Tyres Ltd
- JK Tyre & Industries Ltd
- Hangzhou Zhongce Rubber CO
- Rinaldi S/A Industria de Pneumaticos
- Bridgestone Corp
- Compagnie Générale des Établissements Michelin SCA
- Cooper Tire and Rubber
- Hankook Tire
- Sumitomo Rubber Industries
- Superking Manufacturers (Tyre)
- Yokohama Rubber
Competitive Landscape
The major players of the market are Ceat, MRF, TVS Srichakra, Apollo Tyres Ltd, JK Tyre & Industries Ltd, Hangzhou Zhongce Rubber CO, Rinaldi S/A Industria de Pneumaticos, Bridgestone Corp, Compagnie Générale des Établissements Michelin SCA, Cooper Tire and Rubber, Hankook Tire, Sumitomo Rubber Industries, Superking Manufacturers (Tyre), Yokohama Rubber.
Major companies operating in global two wheeler tire market are expanding their dealership and distributorship network while expanding their product portfolio to meet the requirements of different driving conditions.
