Aerospace & Defense Components · Direct
Monitoring · monthlyProcurement Category Intelligence
Aircraft Tires
Overview
Market size
$2.8B
global, USD
CAGR
5.8%
base to forecast
Buyer power
-2.6
supplier-favoured
Suppliers
5
tracked players
Signals
12
monitored
Market outlook
2031$3.7B
What changed
Demand by region
North America demand40%
Europe demand25%
Asia Pacific demand22%
Latin America demand7%
Middle East & Africa demand6%
share of global demandtotal 100%
Cost drivers
Natural and synthetic rubber feedstocks35%
Specialized nylon and steel cord reinforcement20%
Manufacturing energy and processing labor18%
R and D testing and FAA EASA safety certification15%
Global logistics and specialized distribution12%
share of delivered cost (analyst estimate)