The global airless tyres market is estimated to register double digit growth over the forecast period 2017 to 2025.
The overall airless tyres is expected to be majorly driven due to their immense advantages over conventional pneumatic tyres. Eliminating air pressure virtually eliminates the risk of tyre getting punctured or leaked. This being the most vulnerable damage to the pneumatic tyres, airless tyres would cut down the need for any spare tyres in the vehicle. In addition, using airless tyres is believed to significantly reduce CO2 emissions, thereby increasing the energy efficiency. Similarly, airless tyres are primarily manufactured using recyclable materials. Since airless tyres have longer life, this makes them more eco-friendly as compared to the conventional tyres.
Nevertheless, factors such as higher friction and less suspension have been prominent factors hampering the market growth. In addition, limited availability of full-proof designs (especially for passenger cars and commercial vehicles) is another major factor restricting the application area of airless tyres.
Key Trends:
- Growing efforts towards development of airless tyres suitable for passenger cars
- Developing more reliable and seamless airless tyre design
- Rising emphasis on 3D-printed airless tyres