The Asia Pacific Electric Vehicle Tires Market would witness market growth of 13.5% CAGR during the forecast period (2025-2032).
The China market dominated the Asia Pacific Electric Vehicle Tires Market by Country in 2024, and would continue to be a dominant market till 2032; thereby, achieving a market value of $4,765.5 million by 2032, growing at a CAGR of 12.2 % during the forecast period. The Japan market is expected to witness a CAGR of 12.4% during (2025 - 2032). Additionally, The India market is expected to witness a CAGR of 14.7% during (2025 - 2032). The China and Japan led the Asia Pacific Electric Vehicle Tires Market by Country with a market share of 47.5% and 13.7% in 2024. The Malaysia market is expected to witness a CAGR of 17.1% during throughout the forecast period.
A significant shift in the tire industry has been fueled by the Asia Pacific region's quick rise to prominence as a global center for EV-led mobility. The development of tires has shifted from modified ICE tires to specially designed EV-specific designs due to the growing adoption of BEVs in China, India, Japan, South Korea, and Southeast Asia. Low rolling resistance, increased load durability, improved acoustic comfort, and fitment sizes that correspond with heavier EV platforms are now top priorities for manufacturers. This evolution has been further accelerated by government incentives, growing charging infrastructure, and solid OEM partnerships. For example, Continental supplies nine of the top ten EV manufacturers in Asia, making the EV-tyre segment a rapidly expanding and strategically significant market.
The APAC EV tire market is shaped by three main trends in addition to technological advancements: range-optimized compound engineering, localized and sustainable manufacturing, and diverse product portfolios for various EV categories. Businesses like Goodyear and Giti Tire are investing in regional plants that complement local supply chains, introducing EV-specific lines, incorporating recycled materials, and promoting EV-ready branding. Global behemoths like Bridgestone, Continental, and Michelin are facing off against fast-growing domestic competitors in China and India. To capitalize on long-term growth in the EV tire market, APAC tire manufacturers are implementing strategies centered on OEM alignment, sustainability, and market segmentation as electrification spreads across passenger BEVs, two-wheelers, three-wheelers, and commercial fleets.
Based on Load Index, the market is segmented into Less than 100 and Above 100. The Less than 100 market segment dominated the China Electric Vehicle Tires Market by Load Index is expected to grow at a CAGR of 11.9 % during the forecast period thereby continuing its dominance until 2032. Also, The Above 100 market is anticipated to grow as a CAGR of 12.8 % during the forecast period during (2025 - 2032).
Based on Sales Channel, the market is segmented into OEM and Aftermarket. With a compound annual growth rate (CAGR) of 14.2% over the projection period, the OEM Market, dominate the India Electric Vehicle Tires Market by Sales Channel in 2024 and would be a prominent market until 2032. The Aftermarket market is expected to witness a CAGR of 15.5% during (2025 - 2032).
Based on Application, the market is segmented into On-road and Off-road. Among various Singapore Electric Vehicle Tires Market by Application; The On-road market achieved a market size of USD $146.7 Million in 2024 and is expected to grow at a CAGR of 15.6 % during the forecast period. The Off-road market is predicted to experience a CAGR of 18.2% throughout the forecast period from (2025 - 2032).
Free Valuable Insights: The Electric Vehicle Tires Market is Predicted to reach USD 25.60 Billion by 2032, at a CAGR of 13.1%
China is transforming the tire industry by accelerating the switch to EV-specific tires that are made for higher torque, heavier loads, regenerative braking, and lower noise levels. China has the largest market for electric vehicles worldwide. Tire manufacturers are prioritizing advanced features like improved grip, reinforced structures, reduced rolling resistance, and smart sensor integration because Chinese OEMs now produce the majority of EVs worldwide. This rapid local EV expansion, supported by a strong domestic materials and manufacturing ecosystem, is driving higher-value EV tire specifications. Competition is intense as big Chinese corporations and global brands invest heavily in EV-focused tire lines and collaborations. All things considered, tire manufacturers face both significant opportunities and technological challenges due to China's sizable market and unique EV usage trends.
By Load Index
By Sales Channel
By Application
By Vehicle Type
By Propulsion Type
By Rim Size
By Country
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