Summary

Overview
Global Automotive Run-Flat Tyre Market reached US$ 501.6 million in 2023 and is expected to reach US$ 713.3 million by 2031, growing with a CAGR of 4.5% during the forecast period 2024-2031.
The advances in run-flat tyre technology will continue to augment global market growth. For example, in October 2023, Tekscan, a U.S.-based company specializing in the development of pressure sensors, unveiled a new pressure mapping technology which could greatly enhance the capability of run-flat tyre technology.
Making run-flat tyre technology open source could be a potential game changer for the global market. It will further encourage innovation within the sector while encouraging its wider adoption. However, most companies will not open source their technologies, since it brings in lucrative revenue.
Dynamics
Increasing Global Demand for Luxury Automobiles
The Automobile sector is a significant market for run-flat tyres due to the growing demand for luxury automobiles globally. Being an essential component of the vehicle, the growing demand for automobiles across the world is likely to favor the market growth of run-flat tyres. Global luxury vehicle sales have recovered significantly since the COVID-19 pandemic, with strong growth in emerging markets like India and China.
Some luxury vehicle manufacturers like BMW, Mercedes-Benz and Mini Cooper have begun to offer run-flat tyres as standard in some of their higher-end models. Similarly, some mass market car manufacturers are also offering run-flat tyres as an optional accessory. A healthy growth in automotive demand will augment the growth of the global run-flat tyre market.
Increase in Global Defense Spending
According to data from the Stockholm International Peace Research Institute (SIPRI), global defence spending has grown by over 20% in the decade from 2012-2022. Furthermore, global defence spending grew by 6.8% in real terms in 2023 over the previous year, the steepest increase on record since 2009. It is expected that global defence spending will remain high over the medium and long term in wake of the Russia-Ukraine war and the Israel’s war in Gaza.
While most of the defense spending goes towards operational expenses and capital-intensive projects like warships, submarines and fighter jets, armored vehicles also account for a significant share. In November 2023, U.S. and India signed a deal to jointly produce the Stryker armored personnel carrier in India. Given their usage in a battlefield environment, all modern armored vehicles are equipped with run-flat tyres among other emergency support systems.
Deformation Issues in Run-Flat Tyres
All luxury vehicles fitted with run-flat tyres have downsized (milder) suspension to absorb the migration of the road shocks. Recently, the engineers saw that this shock migration seems to be communicating a portion of these forces to the wheel's rim, breaking it sometimes and damaging the tire. The engineers are now checking this, yet it is something that manufacturers of Run-Flat Tyre should watch out for.
A recent report by J.D. Force found that individuals supplanted their run-flat tire a normal of 6,000 miles sooner than proprietors utilizing ordinary tires. Suppositions vary on the explanations; however, one hypothesis is that tire makers put a soft tread compound on a run-flat tire to counter the hard ride. A symptom of this compound is more limited track life.
Segment Analysis
The global automotive run-flat tyre market is segmented based on technology, end-user, material, distribution channel and region.
Carbon Black Will Continue to Remain the Most Popular Choice of Material
Carbon black is the primary raw material utilized in the production of tires. More than 70% of the interest for carbon black is from the tire portion. Carbon black feedstock (CBFS) is the crucial crude material used to fabricate carbon black. Generally, 2.2 huge loads of CBFS are needed to deliver one ton of carbon dark. Its principal use is as a reinforcing agent in a tire. Even though more than twenty kinds of CB, the ones utilized for the production of tires are of three sorts, N220, N330 and N660.
N660 is fundamentally utilized in the tire's body, N330 is utilized for the tread and N220 is utilized for the tread of a heavy-duty tire. Generally, about 45% of the CB used by the tire industry is off the N660 variety, 28% of N220 and 27% of the N330 variety. Truck tires burn-through 20 kgs of CB per tire, while more modest tires like Maruti burn through 1.5 kgs. The tire industry consumes approximately 60 ? 65% of the CB produced in the world. The market is dominated by the three leading players - Philips Carbon Black, Hitech Carbon (unit of Indian Rayon) and Cabot India (an auxiliary of Cabot Corporation, US), which are the key manufacturers of carbon black.
Geographical Penetration
Asia-Pacific Will Have the Fastest Growing Market
Asia-Pacific is expected to witness the fastest growing automotive run-flat tyres due to the increasing demand in the automotive industry. The rising demand for automobiles due to the increasing population in developing countries such as China and India are anticipated to boost the automotive run-flat tyres market growth during the forecast period. Also, flexible applications and speedy technological implementations are expected to drive the demand for automotive run-flat tyres across the region. Automotive technology will change in the following decade.
One out of five new vehicles will be battery electric vehicles and a large number of new self-driving vehicles will be added to the world's fleet. Automotive technology will change in the following decade. One out of five new vehicles will be battery electric vehicles and a large number of new self-driving vehicles will be added to the world's fleet. China is the largest automobile market globally, both in terms of demand and supply. In China, the territory of Qinghai is relied upon to turn into a significant maker of traveler vehicles, counterbalancing following development in more mature domestic markets like Beijing and Shanghai. Considering developing populace levels and expanding affluence in developing business sectors, global vehicle production is projected to surpass the 100 million units.
COVID-19 Impact Analysis
Only military and defense applications found an appreciable increase in demand for run-flat tyres during the COVID-19 pandemic. Most of the civilian applications, concentrated among luxury vehicles, witness dramatic decreases. Although luxury vehicle demand remained constant, fulfillment was difficult as automotive production was curtailed and vehicle delivery to dealerships and customers was delayed by an average of three to four months.
The post-pandemic period has seen a boom in demand, especially as global defense spending continues to increase. As major geopolitical powers like China, India, U.S., France and Russia continue to augment their armed forces capabilities, the demand for run-flat tyres for armored vehicles will increase exponentially during the coming years.
Russia-Ukraine War Impact Analysis
The war has increased demand for run-flat tyres from both sides, especially as the war has progressed to the attritional stage. Both sides are expanding the production of armored vehicles to replenish battlefield losses and also keep more stock handy in anticipation of future offensive operations.
The trade embargoes of U.S. and EU on the Russian defense industry have created major problems for the Russian run-flat tyre market. The Russia government has sanctioned funds for the local development of specialized run-flat tyres. However, to fill in the current gap, Russian is relying on Chinese manufacturers for supplying tyres.
By Technology
- Self-supporting Tyre
- Self-sealing Tyre
- Auxiliary Supported Tyre
By End-User
- Passenger End-User
- Commercial End-User
- Military End-User
By Material
- Natural Rubber
- Synthetic Rubber
- Carbon Black
- Terylene
- Nylon
- Glass Fiber
- Others
By Distribution Channel
- OEM
- Aftermarket
By Region
- North America
- U.S.
- Canada
- Mexico
- Europe
- Germany
- UK
- France
- Italy
- Spain
- Rest of Europe
- South America
- Brazil
- Argentina
- Rest of South America
- Asia-Pacific
- China
- India
- Japan
- Australia
- Rest of Asia-Pacific
- Middle East and Africa
Key Developments
- In November 2023, KwikFix Auto, an Indian automotive services company based in the city of Mumbai, announced the launch of its new run flat tyre service for luxury passenger vehicles.
- In October 2023, Yokohama, a Japanese tyre brand, announced plans to increase its production capacity for the Indian market. The company was also looking to set up production of run-flat tyres in India.
Competitive Landscape
The major global players in the market include Michelin, Continental AG, Dunlop, The Goodyear Tire & Rubber Company, Bridgestone, Pirelli & C. S.p.A., Yokohama Tire Company, Apollo Tyres Ltd, Kumho Tire Co., Inc. and Hankook Tire & Technology.
Why Purchase the Report?
- To visualize the global automotive run-flat tyre market segmentation based on technology, end-user, material, distribution channel and region, as well as understand key commercial assets and players.
- Identify commercial opportunities by analyzing trends and co-development.
- Excel data sheet with numerous data points of automotive run-flat tyre market-level with all segments.
- PDF report consists of a comprehensive analysis after exhaustive qualitative interviews and an in-depth study.
- Product mapping available as excel consisting of key products of all the major players.
The global automotive run-flat tyre market report would provide approximately 70 tables, 65 figures and 202 Pages.
Target Audience 2024
- Automotive Companies
- Tyre Manufacturers
- Rubber Processing Companies
- Industry Investors/Investment Bankers
- Research Professionals

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Table of Contents

1. Methodology and Scope
1.1. Research Methodology
1.2. Research Objective and Scope of the Report
2. Definition and Overview
3. Executive Summary
3.1. Snippet by Technology
3.2. Snippet by End-User
3.3. Snippet by Material
3.4. Snippet by Distribution Channel
3.5. Snippet by Region
4. Dynamics
4.1. Impacting Factors
4.1.1. Drivers
4.1.1.1. Increasing Global Demand for Luxury Automobiles
4.1.1.2. Increase in Global Defense Spending
4.1.2. Restraints
4.1.2.1. Deformation Issues in Run-Flat Tyres
4.1.3. Opportunity
4.1.4. Impact Analysis
5. Industry Analysis
5.1. Porter's Five Force Analysis
5.2. Supply Chain Analysis
5.3. Pricing Analysis
5.4. Regulatory Analysis
5.5. Russia-Ukraine War Impact Analysis
5.6. DMI Opinion
6. COVID-19 Analysis
6.1. Analysis of COVID-19
6.1.1. Scenario Before COVID-19
6.1.2. Scenario During COVID-19
6.1.3. Scenario Post COVID-19
6.2. Pricing Dynamics Amid COVID-19
6.3. Demand-Supply Spectrum
6.4. Government Initiatives Related to the Market During Pandemic
6.5. Manufacturers Strategic Initiatives
6.6. Conclusion
7. By Technology
7.1. Introduction
7.1.1. Market Size Analysis and Y-o-Y Growth Analysis (%), By Technology
7.1.2. Market Attractiveness Index, By Technology
7.2. Self-supporting Tyre*
7.2.1. Introduction
7.2.2. Market Size Analysis and Y-o-Y Growth Analysis (%)
7.3. Self-sealing Tyre
7.4. Auxiliary Supported Tyre
8. By End-User
8.1. Introduction
8.1.1. Market Size Analysis and Y-o-Y Growth Analysis (%), By End-User
8.1.2. Market Attractiveness Index, By End-User
8.2. Passenger End-User*
8.2.1. Introduction
8.2.2. Market Size Analysis and Y-o-Y Growth Analysis (%)
8.3. Commercial End-User
8.4. Military End-User
9. By Material
9.1. Introduction
9.1.1. Market Size Analysis and Y-o-Y Growth Analysis (%), By Material
9.1.2. Market Attractiveness Index, By Material
9.2. Natural Rubber*
9.2.1. Introduction
9.2.2. Market Size Analysis and Y-o-Y Growth Analysis (%)
9.3. Synthetic Rubber
9.4. Carbon Black
9.5. Terylene
9.6. Nylon
9.7. Glass Fiber
9.8. Others
10. By Distribution Channel
10.1. Introduction
10.1.1. Market Size Analysis and Y-o-Y Growth Analysis (%), By Distribution Channel
10.1.2. Market Attractiveness Index, By Distribution Channel
10.2. OEM*
10.2.1. Introduction
10.2.2. Market Size Analysis and Y-o-Y Growth Analysis (%)
10.3. Aftermarket
11. By Region
11.1. Introduction
11.1.1. Market Size Analysis and Y-o-Y Growth Analysis (%), By Region
11.1.2. Market Attractiveness Index, By Region
11.2. North America
11.2.1. Introduction
11.2.2. Key Region-Specific Dynamics
11.2.3. Market Size Analysis and Y-o-Y Growth Analysis (%), By Technology
11.2.4. Market Size Analysis and Y-o-Y Growth Analysis (%), By End-User
11.2.5. Market Size Analysis and Y-o-Y Growth Analysis (%), By Material
11.2.6. Market Size Analysis and Y-o-Y Growth Analysis (%), By Distribution Channel
11.2.7. Market Size Analysis and Y-o-Y Growth Analysis (%), By Country
11.2.7.1. U.S.
11.2.7.2. Canada
11.2.7.3. Mexico
11.3. Europe
11.3.1. Introduction
11.3.2. Key Region-Specific Dynamics
11.3.3. Market Size Analysis and Y-o-Y Growth Analysis (%), By Technology
11.3.4. Market Size Analysis and Y-o-Y Growth Analysis (%), By End-User
11.3.5. Market Size Analysis and Y-o-Y Growth Analysis (%), By Material
11.3.6. Market Size Analysis and Y-o-Y Growth Analysis (%), By Distribution Channel
11.3.7. Market Size Analysis and Y-o-Y Growth Analysis (%), By Country
11.3.7.1. Germany
11.3.7.2. UK
11.3.7.3. France
11.3.7.4. Italy
11.3.7.5. Spain
11.3.7.6. Rest of Europe
11.4. South America
11.4.1. Introduction
11.4.2. Key Region-Specific Dynamics
11.4.3. Market Size Analysis and Y-o-Y Growth Analysis (%), By Technology
11.4.4. Market Size Analysis and Y-o-Y Growth Analysis (%), By End-User
11.4.5. Market Size Analysis and Y-o-Y Growth Analysis (%), By Material
11.4.6. Market Size Analysis and Y-o-Y Growth Analysis (%), By Distribution Channel
11.4.7. Market Size Analysis and Y-o-Y Growth Analysis (%), By Country
11.4.7.1. Brazil
11.4.7.2. Argentina
11.4.7.3. Rest of South America
11.5. Asia-Pacific
11.5.1. Introduction
11.5.2. Key Region-Specific Dynamics
11.5.3. Market Size Analysis and Y-o-Y Growth Analysis (%), By Technology
11.5.4. Market Size Analysis and Y-o-Y Growth Analysis (%), By End-User
11.5.5. Market Size Analysis and Y-o-Y Growth Analysis (%), By Material
11.5.6. Market Size Analysis and Y-o-Y Growth Analysis (%), By Distribution Channel
11.5.7. Market Size Analysis and Y-o-Y Growth Analysis (%), By Country
11.5.7.1. China
11.5.7.2. India
11.5.7.3. Japan
11.5.7.4. Australia
11.5.7.5. Rest of Asia-Pacific
11.6. Middle East and Africa
11.6.1. Introduction
11.6.2. Key Region-Specific Dynamics
11.6.3. Market Size Analysis and Y-o-Y Growth Analysis (%), By Technology
11.6.4. Market Size Analysis and Y-o-Y Growth Analysis (%), By End-User
11.6.5. Market Size Analysis and Y-o-Y Growth Analysis (%), By Material
11.6.6. Market Size Analysis and Y-o-Y Growth Analysis (%), By Distribution Channel
12. Competitive Landscape
12.1. Competitive Scenario
12.2. Market Positioning/Share Analysis
12.3. Mergers and Acquisitions Analysis
13. Company Profiles
13.1. Michelin*
13.1.1. Company Overview
13.1.2. Product Portfolio and Description
13.1.3. Financial Overview
13.1.4. Key Developments
13.2. Continental AG
13.3. Dunlop
13.4. The Goodyear Tire & Rubber Company
13.5. Bridgestone
13.6. Pirelli & C. S.p.A.
13.7. Yokohama Tire Company
13.8. Apollo Tyres Ltd
13.9. Kumho Tire Co., Inc.
13.10. Hankook Tire & Technology
LIST NOT EXHAUSTIVE
14. Appendix
14.1. About Us and Services
14.2. Contact Us