Tyres - Light Truck: Market Size & Forecast 2026

The global light truck tyre market stands at approximately USD 42.8 billion in 2025 (base year), held in a structurally tight balance between surging SUV and light commercial vehicle demand in North America, chronic natural rubber supply concentration in Southeast Asia, and active trade-defence measures that fragment the lowest-cost origin pool. A reference 225/70R19.5 light truck tyre lists at roughly USD 185 ex-factory, with raw materials absorbing 60 percent of that price and natural rubber accounting for roughly half of the materials bill. > **Analyst Take.** The Section 301 duty stack on Chinese-origin tyres is the single most under-appreciated cost lever in North American LT procurement. Combined with the Section 122 10 percent baseline, the effective ad valorem burden on Chinese supply reaches approximately 35 percent. Buyers still pricing off 2023 landed-cost baselines are 12-18

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