솔리드 타이어 시장 : 규모, 점유율, 성장, 업계 분석, 유형별, 용도별, 지역별 인사이트, 예측(2026-2034년)

Growth Factors of solid tire Market

The global solid tire market is witnessing steady growth due to increasing demand from industrial and material handling applications. The market was valued at USD 3.30 billion in 2025 and is projected to grow to USD 3.43 billion in 2026, reaching USD 4.87 billion by 2034. Europe dominated the global market with a 41.78% share in 2025, driven by strong industrial infrastructure and sustainability initiatives.

Solid tires are non-pneumatic tires made from rubber or composite materials, offering superior durability, puncture resistance, and low maintenance. These characteristics make them ideal for forklifts, construction equipment, and heavy-duty machinery operating in harsh environments. With the increasing use of electric and autonomous material handling vehicles, solid tires are becoming essential for ensuring operational efficiency and uptime.

Market Dynamics

Market Drivers

The growth of construction and industrial activities is a major driver for the solid tire market. Increasing infrastructure investments globally are boosting demand for heavy machinery that relies on durable tires. According to global infrastructure data, investments reached USD 2,872.86 billion in 2023, reflecting continuous expansion in construction activities. Industries such as mining, waste management, and steel also prefer solid tires due to their ability to withstand harsh conditions and heavy loads.

Market Restraints

The presence of alternative tire technologies, such as airless and smart tires, poses a challenge to market growth. These alternatives offer similar benefits, including durability and puncture resistance, while providing additional features such as flexibility and cost efficiency. This growing competition may limit the adoption of traditional solid tires, particularly in industries seeking advanced solutions.

Market Opportunities

The increasing focus on sustainability presents significant opportunities for the market. Solid tires have a longer lifespan, reducing waste and replacement frequency compared to pneumatic tires. Innovations in recyclable and eco-friendly materials are further enhancing their appeal. Industries are increasingly adopting sustainable practices, creating demand for environmentally friendly tire solutions.

Market Challenges

One of the key challenges is the limited application scope of solid tires. Their rigid structure makes them unsuitable for high-speed and passenger vehicles, restricting their use to industrial and heavy-duty applications. Additionally, their heavier weight can reduce energy efficiency, which may impact adoption in modern electric mobility solutions.

Market Trends

A prominent trend in the solid tire market is the shift toward electric vehicles in industrial applications. The adoption of electric forklifts and automated guided vehicles is increasing rapidly, driving demand for durable and low-maintenance tires. Solid tires align well with these requirements due to their reliability and long service life.

Technological advancements in tire materials and design are also improving performance and efficiency. Manufacturers are focusing on enhancing heat resistance, load capacity, and ride comfort to meet evolving industrial needs.

Segmentation Analysis

By type, the market is segmented into cured-on, pressed-on, and non-marking tires. The cured-on segment leads the market with a 40.27% share in 2026, owing to its durability and resistance to wear. Non-marking tires are gaining popularity in indoor applications such as warehouses and retail environments.

By vehicle type, forklifts dominate the market with a 49.90% share in 2026, driven by increasing adoption in logistics and warehousing. Other vehicles, including construction and agricultural equipment, are also contributing to market growth.

By end-use industry, construction and mining account for 29.18% share in 2026, supported by rising infrastructure development. The material handling segment is expected to grow rapidly due to the expansion of e-commerce and automated logistics systems.

Regional Insights

Europe leads the global solid tire market with a value of USD 1.38 billion in 2025, projected to reach USD 1.42 billion in 2026. The region's focus on sustainability and energy efficiency supports market growth.

North America accounted for USD 0.89 billion in 2025 and is expected to reach USD 0.92 billion in 2026, driven by strong demand in warehousing and logistics. Asia Pacific, valued at USD 0.47 billion in 2025, is projected to reach USD 0.49 billion in 2026, supported by rapid industrialization. The rest of the world continues to grow steadily with increasing infrastructure development.

Competitive Landscape

The market is highly competitive, with key players such as Camso, Continental AG, Bridgestone, Global Rubber Industries, and Nexen Tire focusing on innovation and product development. Companies are investing in sustainable materials and expanding their production capacities to meet growing demand.

Recent developments include new product launches, eco-friendly tire innovations, and expansion of distribution networks, reflecting strong industry momentum.

Conclusion

The solid tire market is expected to grow steadily from USD 3.30 billion in 2025 to USD 4.87 billion by 2034, driven by industrial expansion, infrastructure development, and increasing adoption of electric material handling equipment. While competition from alternative technologies and application limitations pose challenges, advancements in sustainability and tire performance are expected to support long-term market growth.

Segmentation By Type

• Cured-on
• Pressed-on
• Non-Marking

By Vehicle Type

• Forklifts
• Skid Steer Loaders
• Telehandlers
• Others (agricultural equipment, compactors, and others)

By End-use Industry

• Construction & Mining
• Material Handling
• Industrial Manufacturing
• Agriculture
• Others (Waste Management, Airport Ground Support, Ports & Logistics, and Defense)

By Region

• North America (By Type, By Vehicle Type, By End-use Industry)
  • U.S. (By End-use Industry)
  • Canada (By End-use Industry)
  • Mexico (By End-use Industry)
• Europe (By Type, By Vehicle Type, By End-use Industry)
  • Germany (By End-use Industry)
  • France (By End-use Industry)
  • U.K. (By End-use Industry)
  • Rest of Europe (By End-use Industry)
• Asia Pacific (By Type, By Vehicle Type, By End-use Industry)
  • Australia (By End-use Industry)
  • South Korea (By End-use Industry)
  • Thailand (By End-use Industry)
  • Rest of Asia Pacific (By End-use Industry)
• Rest of the World (By Type, By Vehicle Type, By End-use Industry)

Table of Content

1. Introduction

• 1.1. Research Scope
• 1.2. Market Segmentation
• 1.3. Research Methodology
• 1.4. Definitions and Assumptions

2. Executive Summary

3. Market Dynamics

• 3.1. Market Drivers
• 3.2. Market Restraints
• 3.3. Market Opportunities
• 3.4. Market Trends

4. Key Insights

• 4.1. Key Industry Developments - Mergers, Acquisitions & Partnerships
• 4.2. Latest Technological Advancements
• 4.3. Porters Five Forces Analysis
• 4.4. Impact of COVID-19 Pandemic on Global Solid Tire Market

5. Global Solid Tire Market Analysis, Insights and Forecast, 2021-2034

• 5.1. Key Findings / Definition
• 5.2. Market Analysis, Insights and Forecast - By Type
  • 5.2.1. Cured-on
  • 5.2.2. Pressed-on
  • 5.2.3. Non-Marking
• 5.3. Market Analysis, Insights and Forecast - By Vehicle Type
  • 5.3.1. Forklifts
  • 5.3.2. Skid Steer Loaders
  • 5.3.3. Telehandlers
  • 5.3.4. Others
• 5.4. Market Analysis, Insights and Forecast - By End-use Industry
  • 5.4.1. Construction & Mining
  • 5.4.2. Material Handling
  • 5.4.3. Industrial Manufacturing
  • 5.4.4. Agriculture
  • 5.4.5. Others
• 5.5. Market Analysis, Insights and Forecast - By Region
  • 5.5.1. North America
  • 5.5.2. Europe
  • 5.5.3. Asia Pacific
  • 5.5.4. Rest of the World

6. North America Solid Tire Market Analysis, Insights and Forecast, 2021-2034

• 6.1. Market Analysis, Insights and Forecast - By Type
  • 6.1.1. Cured-on
  • 6.1.2. Pressed-on
  • 6.1.3. Non-Marking
• 6.2. Market Analysis, Insights and Forecast - By Vehicle Type
  • 6.2.1. Forklifts
  • 6.2.2. Skid Steer Loaders
  • 6.2.3. Telehandlers
  • 6.2.4. Others
• 6.3. Market Analysis, Insights and Forecast - By End-use Industry
  • 6.3.1. Construction & Mining
  • 6.3.2. Material Handling
  • 6.3.3. Industrial Manufacturing
  • 6.3.4. Agriculture
  • 6.3.5. Others
• 6.4. Market Analysis, Insights and Forecast - By Country
  • 6.4.1. U.S.
    • 6.4.1.1. Market Analysis, Insights and Forecast - By End-use Industry
  • 6.4.2. Canada
    • 6.4.2.1. Market Analysis, Insights and Forecast - By End-use Industry
  • 6.4.3. Mexico
    • 6.4.3.1. Market Analysis, Insights and Forecast - By End-use Industry

7. Europe Solid Tire Market Analysis, Insights and Forecast, 2021-2034

• 7.1. Market Analysis, Insights and Forecast - By Type
  • 7.1.1. Cured-on
  • 7.1.2. Pressed-on
  • 7.1.3. Non-Marking
• 7.2. Market Analysis, Insights and Forecast - By Vehicle Type
  • 7.2.1. Forklifts
  • 7.2.2. Skid Steer Loaders
  • 7.2.3. Telehandlers
  • 7.2.4. Others
• 7.3. Market Analysis, Insights and Forecast - By End-use Industry
  • 7.3.1. Construction & Mining
  • 7.3.2. Material Handling
  • 7.3.3. Industrial Manufacturing
  • 7.3.4. Agriculture
  • 7.3.5. Others
• 7.4. Market Analysis, Insights and Forecast - By Country
  • 7.4.1. Germany
    • 7.4.1.1. Market Analysis, Insights and Forecast - By End-use Industry
  • 7.4.2. France
    • 7.4.2.1. Market Analysis, Insights and Forecast - By End-use Industry
  • 7.4.3. U.K.
    • 7.4.3.1. Market Analysis, Insights and Forecast - By End-use Industry
  • 7.4.4. Rest of Europe
    • 7.4.4.1. Market Analysis, Insights and Forecast - By End-use Industry

8. Asia Pacific Solid Tire Market Analysis, Insights and Forecast, 2021-2034

• 8.1. Market Analysis, Insights and Forecast - By Type
  • 8.1.1. Cured-on
  • 8.1.2. Pressed-on
  • 8.1.3. Non-Marking
• 8.2. Market Analysis, Insights and Forecast - By Vehicle Type
  • 8.2.1. Forklifts
  • 8.2.2. Skid Steer Loaders
  • 8.2.3. Telehandlers
  • 8.2.4. Others
• 8.3. Market Analysis, Insights and Forecast - By End-use Industry
  • 8.3.1. Construction & Mining
  • 8.3.2. Material Handling
  • 8.3.3. Industrial Manufacturing
  • 8.3.4. Agriculture
  • 8.3.5. Others
• 8.4. Market Analysis, Insights and Forecast - By Country
  • 8.4.1. Australia
    • 8.4.1.1. Market Analysis, Insights and Forecast - By End-use Industry
  • 8.4.2. South Korea
    • 8.4.2.1. Market Analysis, Insights and Forecast - By End-use Industry
  • 8.4.3. Thailand
    • 8.4.3.1. Market Analysis, Insights and Forecast - By End-use Industry
  • 8.4.4. Rest of Asia Pacific
    • 8.4.4.1. Market Analysis, Insights and Forecast - By End-use Industry

9. Rest of the World Solid Tire Market Analysis, Insights and Forecast, 2021-2034

• 9.1. Market Analysis, Insights and Forecast - By Type
  • 9.1.1. Cured-on
  • 9.1.2. Pressed-on
  • 9.1.3. Non-Marking
• 9.2. Market Analysis, Insights and Forecast - By Vehicle Type
  • 9.2.1. Forklifts
  • 9.2.2. Skid Steer Loaders
  • 9.2.3. Telehandlers
  • 9.2.4. Others
• 9.3. Market Analysis, Insights and Forecast - By End-use Industry
  • 9.3.1. Construction & Mining
  • 9.3.2. Material Handling
  • 9.3.3. Industrial Manufacturing
  • 9.3.4. Agriculture
  • 9.3.5. Others

10. Competitive Analysis

• 10.1. Key Industry Developments
• 10.2. Global Market Rank Analysis (2025)
• 10.3. Competitive Dashboard
• 10.4. Comparative Analysis - Major Players
• 10.5. Company Profiles
  • 10.5.1. CAMSO (Michillin) (Canada)
    • 10.5.1.1. Overview
    • 10.5.1.2. Products & services
    • 10.5.1.3. SWOT Analysis
    • 10.5.1.4. Recent Developments
    • 10.5.1.5. Strategies
    • 10.5.1.6. Financials (Based on Availability)
  • 10.5.2. Continental AG (Germany)
    • 10.5.2.1. Overview
    • 10.5.2.2. Products & services
    • 10.5.2.3. SWOT Analysis
    • 10.5.2.4. Recent Developments
    • 10.5.2.5. Strategies
    • 10.5.2.6. Financials (Based on Availability)
  • 10.5.3. Bridgestone (Japan)
    • 10.5.3.1. Overview
    • 10.5.3.2. Products & services
    • 10.5.3.3. SWOT Analysis
    • 10.5.3.4. Recent Developments
    • 10.5.3.5. Strategies
    • 10.5.3.6. Financials (Based on Availability)
  • 10.5.4. Global Rubber Industries (Sri Lanka)
    • 10.5.4.1. Overview
    • 10.5.4.2. Products & services
    • 10.5.4.3. SWOT Analysis
    • 10.5.4.4. Recent Developments
    • 10.5.4.5. Strategies
    • 10.5.4.6. Financials (Based on Availability)
  • 10.5.5. NEXEN TIRE (South Korea)
    • 10.5.5.1. Overview
    • 10.5.5.2. Products & services
    • 10.5.5.3. SWOT Analysis
    • 10.5.5.4. Recent Developments
    • 10.5.5.5. Strategies
    • 10.5.5.6. Financials (Based on Availability)
  • 10.5.6. Setco Solid Tire & Rim Assembly (U.S.)
    • 10.5.6.1. Overview
    • 10.5.6.2. Products & services
    • 10.5.6.3. SWOT Analysis
    • 10.5.6.4. Recent Developments
    • 10.5.6.5. Strategies
    • 10.5.6.6. Financials (Based on Availability)
  • 10.5.7. TY Cushion Tire (U.S.)
    • 10.5.7.1. Overview
    • 10.5.7.2. Products & services
    • 10.5.7.3. SWOT Analysis
    • 10.5.7.4. Recent Developments
    • 10.5.7.5. Strategies
    • 10.5.7.6. Financials (Based on Availability)
  • 10.5.8. Trelleborg AB (Sweden)
    • 10.5.8.1. Overview
    • 10.5.8.2. Products & services
    • 10.5.8.3. SWOT Analysis
    • 10.5.8.4. Recent Developments
    • 10.5.8.5. Strategies
    • 10.5.8.6. Financials (Based on Availability)
  • 10.5.9. Magna Tyres (Netherlands)
    • 10.5.9.1. Overview
    • 10.5.9.2. Products & services
    • 10.5.9.3. SWOT Analysis
    • 10.5.9.4. Recent Developments
    • 10.5.9.5. Strategies
    • 10.5.9.6. Financials (Based on Availability)
  • 10.5.10. Superior Tire & Rubber Corp. (U.S.)
    • 10.5.10.1. Overview
    • 10.5.10.2. Products & services
    • 10.5.10.3. SWOT Analysis
    • 10.5.10.4. Recent Developments
    • 10.5.10.5. Strategies
    • 10.5.10.6. Financials (Based on Availability)
  • 10.5.11. Yokohama (Japan)
    • 10.5.11.1. Overview
    • 10.5.11.2. Products & services
    • 10.5.11.3. SWOT Analysis
    • 10.5.11.4. Recent Developments
    • 10.5.11.5. Strategies
    • 10.5.11.6. Financials (Based on Availability)
  • 10.5.12. Maxam Tire (U.S.)
    • 10.5.12.1. Overview
    • 10.5.12.2. Products & services
    • 10.5.12.3. SWOT Analysis
    • 10.5.12.4. Recent Developments
    • 10.5.12.5. Strategies
    • 10.5.12.6. Financials (Based on Availability)
  • 10.5.13. Yantai Balsanse Rubber Co., LTD. (China)
    • 10.5.13.1. Overview
    • 10.5.13.2. Products & services
    • 10.5.13.3. SWOT Analysis
    • 10.5.13.4. Recent Developments
    • 10.5.13.5. Strategies
    • 10.5.13.6. Financials (Based on Availability)
  • 10.5.14. Balkrishna Industries Limited (BKT) (India)
    • 10.5.14.1. Overview
    • 10.5.14.2. Products & services
    • 10.5.14.3. SWOT Analysis
    • 10.5.14.4. Recent Developments
    • 10.5.14.5. Strategies
    • 10.5.14.6. Financials (Based on Availability)