Iran Tire Market to Grow with a CAGR of 5.43% through 2030
Growing demand for replacement tires, government-regulated tire
distribution platforms, and controlled import policies are the factors driving
the market in the forecast period 2026-2030.
According to TechSci Research report, “Iran Tire Market –
Industry Size, Share, Trends, Opportunity, and Forecast, 2020-2030F”,
The Iran Tire Market was valued at USD 7.22 Billion in 2024 and is expected to
reach USD 10.99 Billion by 2030 with a CAGR of 5.43% during the forecast period.
The Iran tire market operates within a complex environment shaped by
macroeconomic factors, evolving industrial policies, and shifting consumer
behavior. Local production remains the backbone of the market, fueled by
government initiatives aimed at achieving self-sufficiency and reducing
dependence on imports amid ongoing international sanctions. Rising demand from
emerging industrial hubs, coupled with the expansion of logistics and freight
networks, has bolstered the need for reliable tire supply, particularly for
commercial and heavy vehicles. Market players are increasingly investing in
production modernization, with emphasis on expanding manufacturing capacities,
improving efficiency, and introducing new product lines such as wide-base and
specialized vehicle tires.
The emphasis on localization of raw materials and supply chain
integration is becoming a strategic priority for domestic manufacturers, who
face periodic challenges in securing imported components due to foreign
currency restrictions. This dynamic is encouraging partnerships within Iran’s
industrial ecosystem, promoting synergies between tire producers and domestic
raw material suppliers. The market also witnesses a rise in industrial vehicle
demand, such as in construction, mining, and agriculture sectors, fueling
segment-specific tire production growth. Furthermore, shifting governmental
focus on infrastructure development and transportation projects is creating
sustained demand for various tire categories, solidifying the industry's role
within the broader economic development framework.
Browse over XX market data Figures spread through XX Pages and an
in-depth TOC on "Iran Tire Market"
Iran
Tire Market Is Segmented by Vehicle Type, Tyre Construction Type, Demand
Category, and Region.
In 2024, the replacement
segment dominated the Iran tire market, supported by the continuous need for
tire maintenance in both passenger and commercial vehicles. The aging vehicle
fleet across the country sustained consistent demand for replacement tires,
especially in urban and high-traffic areas. Consumers prioritized tire
replacement driven by wear from daily usage, varied road conditions, and safety
regulations that required compliance with tire standards. Domestic
manufacturers strengthened their aftermarket presence by widening retail access
and offering warranty-backed products, ensuring better availability across
formal channels. The presence of regulated purchase platforms helped direct
consumers toward authorized points of sale, reinforcing the dominance of the
replacement category. Seasonal tire changes in certain regions and the trend of
routine maintenance among commercial fleet operators also contributed to stable
replacement demand, making this segment the clear market leader throughout the
year.
Razavi Khorasan recorded
the fastest growth in the Iran tire market during 2024 among the evaluated
regions. The province’s role as a key transport and logistics corridor fostered
higher demand for tires, especially in the commercial vehicle segment. Growing
freight movement, infrastructure development, and the expansion of intercity
transport activities enhanced tire consumption rates in the region. The
presence of active industrial zones and increased distribution efficiency
supported the stronger sales momentum, positioning Razavi Khorasan ahead of
other regions in terms of growth performance for the year.
Major Market
Players Operating in Iran Tire Market Are:
- Barez
Industrial Group
- Dena
Rubber Manufacturing Company
- Kavir
Tire Co
- Sumitomo
Rubber Middle East FZE
- Yazd
Tire Company
- Petlas
Tire Industry and Trade
- Goodyear
Middle East FZE
- Kian
Tire Factory
- Iran
Tire Manufacturing Company
- Iran
Yasa Tire & Rubber Co.
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“The Iran tire market is a
unique example of how domestic production strength, controlled distribution
channels, and evolving consumer demand work together in a complex regulatory
environment. Despite global supply challenges and foreign currency constraints,
the market continues to show resilience, driven by strong replacement demand
and growing industrial activity. What makes Iran stand out is the way local
manufacturers have adapted focusing on expanding capacity, aligning with
government distribution platforms, and catering to the increasing preference
for quality and warranty-backed products. It’s a market where policy,
production, and consumer behavior are deeply connected, creating both
challenges and strong long-term growth opportunities.”, said Mr. Karan Chechi,
Research Director of TechSci Research, a research-based global management
consulting firm.
“Iran Tire Market – Size, Share,
Trends, Opportunity, and Forecast, Segmented By Vehicle Type (Passenger Car,
Commercial Vehicle, Two-Wheelers), By Tire Construction Type (Radial, Bias), By
Demand Category (OEM, Replacement), By Region, By Competition, 2020-2030F”, assesses the market's future
growth potential and provides data on market size, trends, and forecasts. It
aims to offer comprehensive market insights, helping decision-makers make
informed investment choices. The report also highlights emerging trends, key
drivers, challenges, and opportunities in the Iran Tire Market.
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