Latest Update: Impact of current COVID-19 situation has been considered in this report while making the analysis.
Global Automotive Racing Tires Market by Type (Auto Racing Tires, Motorcycle Racing Tires), By Application (Aftermarket, OEMs) And By Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast From 2022 To 2030-report

Global Automotive Racing Tires Market by Type (Auto Racing Tires, Motorcycle Racing Tires), By Application (Aftermarket, OEMs) And By Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast From 2022 To 2030

Report ID: 130919 3300 Automobile & Transportation 377 248 Pages 4.8 (38)

Market Overview:

The global automotive racing tires market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing popularity of motorsports and rising demand for high-performance tires in the aftermarket and OEMs segments. The global automotive racing tires market is segmented on the basis of type, application, and region. On the basis of type, it is divided into auto racing tires and motorcycle racing tires. The auto racing tire segment dominates the global automotive racing tire market with a share of more than 85%. This can be attributed to their widespread use in various types of races across different regions. On the basis of application, it is classified into aftermarket and OEMs segments.

Global Automotive Racing Tires Industry Outlook

Product Definition:

An automotive racing tire is a type of pneumatic tire specifically designed for use in auto racing. They are typically wider and have a softer compound than tires designed for regular road use, providing more traction and grip on the track surface. Automotive racing tires are also generally much more expensive than regular tires, due to the increased cost of manufacturing them to withstand higher speeds and harder cornering.

Auto Racing Tires:

Racing tires are specifically designed to provide grip and high performance in races. They have a compound that is different from that of the normal tires. The compounds used in racing tires are selected depending on the surface on which they will be used, as they need to provide better grip when cornering or braking on ice, wet roads or dirt tracks.

The global auto racing tire market size was estimated at USD 6,700 million in 2016.

Motorcycle Racing Tires:

Motorcycle racing tires are used in various forms of motorsports including, road racing, motocross, dirt track and circuit racing. The primary function of these tires is to provide grip and stability on the surface on which it is being used. They also have a responsibility to deliver an optimum level of performance in all conditions so as to allow the vehicle driver to control the vehicle at high speeds with safety.

Application Insights:

OEMs held the largest market share of over 70% in 2017. The major reason for this dominance is that most of the manufacturers prefer to use OEM products as they are developed specifically for their respective vehicle types. Moreover, using these tires will help reduce overall costs and provide better control over performance as well as handling characteristics.

The aftermarket segment is expected to expand at a CAGR of XX% from 2018 to 2030 owing to increased demand from consumers who are looking for affordable racing tires with enhanced performance capabilities and high durability standards. Furthermore, growing popularity among auto enthusiasts and racers across the globe will boost product demand in this segment during the forecast period.

Automotive racing tires have different sizes, constructions, tread patterns & carcasses designed specifically for various vehicle types such as sports cars & GTs (lightweight vehicles), sedans (family cars), coupes (mid-sized luxury cars) and wagons/hatchbacks (large family car).

Regional Analysis:

North America dominated the global market in terms of revenue share in 2017. The region is expected to continue its dominance over the forecast period owing to factors such as increasing popularity of auto racing and rising number of motorsports events. Furthermore, presence of major players and well-established infrastructure for automobile racing are also contributing towards growth in this region.

Asia Pacific is anticipated to be the fastest growing regional market from 2018 to 2030 due to increasing popularity and awareness about automotive racing among consumers, especially millennials. Rising participation from countries like China, India, Japan has been fueling growth across this region. Moreover, government initiatives encouraging manufacturers & drivers for participating in sports car races are expected drive demand across Asia Pacific during the forecast period  (2018 - 2030).

Growth Factors:

  • Increasing demand for high-performance tires in the automotive racing industry
  • Rising popularity of motorsports events across the globe
  • Technological advancements in tire manufacturing process and materials
  • Growing number of racing enthusiasts and fans globally
  • Increasing investments by tire manufacturers in research and development

Scope Of The Report

Report Attributes

Report Details

Report Title

Automotive Racing Tires Market Research Report

By Type

Auto Racing Tires, Motorcycle Racing Tires

By Application

Aftermarket, OEMs

By Companies

Pirelli, Continental, Hankook Tire, Bridgestone, The Goodyear Tire & Rubber Company, Hoosier Tire Canada, Michelin, Toyo Tire & Rubber, Yokohama Rubber, Cooper Tire and Rubber Company, Kumho Tire, Maxxis Tires USA

Regions Covered

North America, Europe, APAC, Latin America, MEA

Base Year


Historical Year

2019 to 2020 (Data from 2010 can be provided as per availability)

Forecast Year


Number of Pages


Number of Tables & Figures


Customization Available

Yes, the report can be customized as per your need.

Global Automotive Racing Tires Market Report Segments:

The global Automotive Racing Tires market is segmented on the basis of:


Auto Racing Tires, Motorcycle Racing Tires

The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.


Aftermarket, OEMs

The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.

Some of the companies that are profiled in this report are:

  1. Pirelli
  2. Continental
  3. Hankook Tire
  4. Bridgestone
  5. The Goodyear Tire & Rubber Company
  6. Hoosier Tire Canada
  7. Michelin
  8. Toyo Tire & Rubber
  9. Yokohama Rubber
  10. Cooper Tire and Rubber Company
  11. Kumho Tire
  12. Maxxis Tires USA

Global Automotive Racing Tires Market Overview

Highlights of The Automotive Racing Tires Market Report:

  1. The market structure and projections for the coming years.
  2. Drivers, restraints, opportunities, and current trends of market.
  3. Historical data and forecast.
  4. Estimations for the forecast period 2030.
  5. Developments and trends in the market.
  6. By Type:

    1. Auto Racing Tires
    2. Motorcycle Racing Tires
  1. By Application:

    1. Aftermarket
    2. OEMs
  1. Market scenario by region, sub-region, and country.
  2. Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
  3. Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
  4. Government Policies, Macro & Micro economic factors are also included in the report.

We have studied the Automotive Racing Tires Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.

Regional Analysis

  • North America
  • Europe
  • Asia Pacific
  • Middle East & Africa
  • Latin America

Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.

The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.

How you may use our products:

  • Correctly Positioning New Products
  • Market Entry Strategies
  • Business Expansion Strategies
  • Consumer Insights
  • Understanding Competition Scenario
  • Product & Brand Management
  • Channel & Customer Management
  • Identifying Appropriate Advertising Appeals

Global Automotive Racing Tires Market Statistics

8 Reasons to Buy This Report

  1. Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
  2. Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
  3. Implemented Robust Methodology to Prepare the Report
  4. Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
  5. Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
  6. Provides Information About the Top-winning Strategies Implemented by Industry Players.
  7. In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
  8. Customization of the Report Available

Frequently Asked Questions?

Automotive racing tires are specially designed for high-performance automotive applications. They are made of a variety of materials, including rubber, fabric, and metal. Automotive racing tires are designed to provide maximum grip and stability in various driving conditions.

Some of the key players operating in the automotive racing tires market are Pirelli, Continental, Hankook Tire, Bridgestone, The Goodyear Tire & Rubber Company, Hoosier Tire Canada, Michelin, Toyo Tire & Rubber, Yokohama Rubber, Cooper Tire and Rubber Company, Kumho Tire, Maxxis Tires USA.

The automotive racing tires market is expected to register a CAGR of 5.5%.

1. Executive Summary

2. Assumptions and Acronyms Used

3. Research Methodology

4. Automotive Racing Tires Market Overview
   4.1. Introduction
      4.1.1. Market Taxonomy
      4.1.2. Market Definition
   4.2. Macro-Economic Factors
      4.2.1. Industry Outlook
   4.3. Automotive Racing Tires Market Dynamics
      4.3.1. Market Drivers
      4.3.2. Market Restraints
      4.3.3. Opportunity
      4.3.4. Market Trends
   4.4. Automotive Racing Tires Market - Supply Chain
   4.5. Global Automotive Racing Tires Market Forecast
      4.5.1. Automotive Racing Tires Market Size (US$ Mn) and Y-o-Y Growth
      4.5.2. Automotive Racing Tires Market Size (000’ Units) and Y-o-Y Growth
      4.5.3. Automotive Racing Tires Market Absolute $ Opportunity

5. Global Automotive Racing Tires Market Analysis and Forecast by Type
   5.1. Market Trends
   5.2. Introduction
      5.2.1. Basis Point Share (BPS) Analysis by Type
      5.2.2. Y-o-Y Growth Projections by Type
   5.3. Automotive Racing Tires Market Size and Volume Forecast by Type
      5.3.1. Auto Racing Tires
      5.3.2. Motorcycle Racing Tires
   5.4. Absolute $ Opportunity Assessment by Type
   5.5. Market Attractiveness/Growth Potential Analysis by Type

6. Global Automotive Racing Tires Market Analysis and Forecast by Application
   6.1. Market Trends
   6.2. Introduction
      6.2.1. Basis Point Share (BPS) Analysis by Application
      6.2.2. Y-o-Y Growth Projections by Application
   6.3. Automotive Racing Tires Market Size and Volume Forecast by Application
      6.3.1. Aftermarket
      6.3.2. OEMs
   6.4. Absolute $ Opportunity Assessment by Application
   6.5. Market Attractiveness/Growth Potential Analysis by Application

7. Global Automotive Racing Tires Market Analysis and Forecast by Sales Channel
   7.1. Market Trends
   7.2. Introduction
      7.2.1. Basis Point Share (BPS) Analysis by Sales Channel 
      7.2.2. Y-o-Y Growth Projections by Sales Channel
   7.3. Automotive Racing Tires Market Size and Volume Forecast by Sales Channel 
      7.3.1. Manufacturer/Distributor/Service Provider
      7.3.2. Aftermarket
   7.4. Absolute $ Opportunity Assessment by Sales Channel
   7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel

8. Global Automotive Racing Tires Market Analysis and Forecast by Region
   8.1. Market Trends
   8.2. Introduction
      8.2.1. Basis Point Share (BPS) Analysis by Region
      8.2.2. Y-o-Y Growth Projections by Region
   8.3. Automotive Racing Tires Market Size and Volume Forecast by Region
      8.3.1. North America
      8.3.2. Latin America
      8.3.3. Europe
      8.3.4. Asia Pacific
      8.3.5. Middle East and Africa (MEA)
   8.4. Absolute $ Opportunity Assessment by Region
   8.5. Market Attractiveness/Growth Potential Analysis by Region
   8.6. Global Automotive Racing Tires Demand Share Forecast, 2019-2029

9. North America Automotive Racing Tires Market Analysis and Forecast
   9.1. Introduction
      9.1.1. Basis Point Share (BPS) Analysis by Country
      9.1.2. Y-o-Y Growth Projections by Country
   9.2. North America Automotive Racing Tires Market Size and Volume Forecast by Country
      9.2.1. U.S.
      9.2.2. Canada
   9.3. Absolute $ Opportunity Assessment by Country
   9.4. North America Automotive Racing Tires Market Size and Volume Forecast by Application
      9.4.1. Aftermarket
      9.4.2. OEMs
   9.5. Basis Point Share (BPS) Analysis by Application
   9.6. Y-o-Y Growth Projections by Application
   9.7. North America Automotive Racing Tires Market Size and Volume Forecast by Type
      9.7.1. Auto Racing Tires
      9.7.2. Motorcycle Racing Tires
   9.8. Basis Point Share (BPS) Analysis by Type
   9.9. Y-o-Y Growth Projections by Type
   9.10. Market Attractiveness/Growth Potential Analysis
      9.10.1. By Country
      9.10.2. By Product Type
      9.10.3. By Application
      9.10.4. By Sales Channel
   9.11. North America Automotive Racing Tires Demand Share Forecast, 2019-2029

10. Latin America Automotive Racing Tires Market Analysis and Forecast
   10.1. Introduction
      10.1.1. Basis Point Share (BPS) Analysis by Country
      10.1.2. Y-o-Y Growth Projections by Country
      10.1.3. Latin America Average Pricing Analysis
   10.2. Latin America Automotive Racing Tires Market Size and Volume Forecast by Country
      10.2.1. Brazil
      10.2.2. Mexico
      10.2.3. Rest of Latin America
   10.3. Absolute $ Opportunity Assessment by Country
   10.4. Latin America Automotive Racing Tires Market Size and Volume Forecast by Application
      10.4.1. Aftermarket
      10.4.2. OEMs
   10.5. Basis Point Share (BPS) Analysis by Application
   10.6. Y-o-Y Growth Projections by Application
   10.7. Latin America Automotive Racing Tires Market Size and Volume Forecast by Type
      10.7.1. Auto Racing Tires
      10.7.2. Motorcycle Racing Tires
   10.8. Basis Point Share (BPS) Analysis by Type
   10.9. Y-o-Y Growth Projections by Type
   10.10. Market Attractiveness/Growth Potential Analysis
      10.10.1. By Country
      10.10.2. By Product Type
      10.10.3. By Application
      10.10.4. By Sales Channel
   10.11. Latin America Automotive Racing Tires Demand Share Forecast, 2019-2029

11. Europe Automotive Racing Tires Market Analysis and Forecast
   11.1. Introduction
      11.1.1. Basis Point Share (BPS) Analysis by Country
      11.1.2. Y-o-Y Growth Projections by Country
      11.1.3. Europe Average Pricing Analysis
   11.2. Europe Automotive Racing Tires Market Size and Volume Forecast by Country
      11.2.1. Germany
      11.2.2. France
      11.2.3. Italy
      11.2.4. U.K.
      11.2.5. Spain
      11.2.6. Russia
      11.2.7. Rest of Europe
   11.3. Absolute $ Opportunity Assessment by Country
   11.4. Europe Automotive Racing Tires Market Size and Volume Forecast by Application
      11.4.1. Aftermarket
      11.4.2. OEMs
   11.5. Basis Point Share (BPS) Analysis by Application
   11.6. Y-o-Y Growth Projections by Application
   11.7. Europe Automotive Racing Tires Market Size and Volume Forecast by Type
      11.7.1. Auto Racing Tires
      11.7.2. Motorcycle Racing Tires
   11.8. Basis Point Share (BPS) Analysis by Type
   11.9. Y-o-Y Growth Projections by Type
   11.10. Market Attractiveness/Grwth Potential Analysis
      11.10.1. By Country
      11.10.2. By Product Type
      11.10.3. By Application
      11.10.4. By Sales Channel
   11.11. Europe Automotive Racing Tires Demand Share, 2019-2029

12. Asia Pacific Automotive Racing Tires Market Analysis and Forecast
   12.1. Introduction
      12.1.1. Basis Point Share (BPS) Analysis by Country
      12.1.2. Y-o-Y Growth Projections by Country
      12.1.3. Asia Pacific Average Pricing Analysis
   12.2. Asia Pacific Automotive Racing Tires Market Size and Volume Forecast by Country
      12.2.1. China
      12.2.2. Japan
      12.2.3. South Korea
      12.2.4. India
      12.2.5. Australia
      12.2.6. Rest of Asia Pacific (APAC)
   12.3. Absolute $ Opportunity Assessment by Country
   12.4. Asia Pacific Automotive Racing Tires Market Size and Volume Forecast by Application
      12.4.1. Aftermarket
      12.4.2. OEMs
   12.5. Basis Point Share (BPS) Analysis by Application
   12.6. Y-o-Y Growth Projections by Application
   12.7. Asia Pacific Automotive Racing Tires Market Size and Volume Forecast by Type
      12.7.1. Auto Racing Tires
      12.7.2. Motorcycle Racing Tires
   12.8. Basis Point Share (BPS) Analysis by Type
   12.9. Y-o-Y Growth Projections by Type
   12.10. Market Attractiveness/Growth Potential Analysis
      12.10.1. By Country
      12.10.2. By Product Type
      12.10.3. By Application
      12.10.4. By Sales Channel
   12.11. Asia Pacific Automotive Racing Tires Demand Share, 2019-2029

13. Middle East & Africa Automotive Racing Tires Market Analysis and Forecast
   13.1. Introduction
      13.1.1. Basis Point Share (BPS) Analysis by Country
      13.1.2. Y-o-Y Growth Projections by Country
      13.1.3. Asia Pacific Average Pricing Analysis
   13.2. Middle East & Africa Automotive Racing Tires Market Size and Volume Forecast by Country
      13.2.1. Saudi Arabia
      13.2.2. South Africa
      13.2.3. UAE
      13.2.4. Rest of Middle East & Africa (MEA)
   13.3. Absolute $ Opportunity Assessment by Country
   13.4. Middle East & Africa Automotive Racing Tires Market Size and Volume Forecast by Application
      13.4.1. Aftermarket
      13.4.2. OEMs
   13.5. Basis Point Share (BPS) Analysis by Application
   13.6. Y-o-Y Growth Projections by Application
   13.7. Middle East & Africa Automotive Racing Tires Market Size and Volume Forecast by Type
      13.7.1. Auto Racing Tires
      13.7.2. Motorcycle Racing Tires
   13.8. Basis Point Share (BPS) Analysis by Type
   13.9. Y-o-Y Growth Projections by Type
   13.10. Market Attractiveness/Growth Potential Analysis
      13.10.1. By Country
      13.10.2. By Product Type
      13.10.3. By Application
      13.10.4. By Sales Channel
   13.11. Middle East & Africa Automotive Racing Tires Demand Share, 2019-2029

14. Competition Landscape
   14.1. Global Automotive Racing Tires Market: Market Share Analysis
   14.2. Automotive Racing Tires Distributors and Customers
   14.3. Automotive Racing Tires Market: Competitive Dashboard
   14.4. Company Profiles (Details – Overview, Financials, Developments, Strategy) 
      14.4.1. Pirelli Overview Financials Developments Strategic Outlook
      14.4.2. Continental Overview Financials Developments Strategic Outlook
      14.4.3. Hankook Tire Overview Financials Developments Strategic Outlook
      14.4.4. Bridgestone Overview Financials Developments Strategic Outlook
      14.4.5. The Goodyear Tire & Rubber Company Overview Financials Developments Strategic Outlook
      14.4.6. Hoosier Tire Canada Overview Financials Developments Strategic Outlook
      14.4.7. Michelin Overview Financials Developments Strategic Outlook
      14.4.8. Toyo Tire & Rubber Overview Financials Developments Strategic Outlook
      14.4.9. Yokohama Rubber Overview Financials Developments Strategic Outlook
      14.4.10. Cooper Tire and Rubber Company Overview Financials Developments Strategic Outlook
      14.4.11. Kumho Tire Overview Financials Developments Strategic Outlook
      14.4.12. Maxxis Tires USA Overview Financials Developments Strategic Outlook
      14.4.13. COMPANY 13 Overview Financials Developments Strategic Outlook
      14.4.14. COMPANY 14 Overview Financials Developments Strategic Outlook
      14.4.15. COMPANY 15 Overview Financials Developments Strategic Outlook
      14.4.16. COMPANY 16 Overview Financials Developments Strategic Outlook
      14.4.17. COMPANY 17 Overview Financials Developments Strategic Outlook
      14.4.18. COMPANY 18 Overview Financials Developments Strategic Outlook
      14.4.19. COMPANY 19 Overview Financials Developments Strategic Outlook
      14.4.20. COMPANY 20 Overview Financials Developments Strategic Outlook

Our Trusted Clients

Contact Us