Global Light Truck Radial Tyre (LBR Tyre) Market Growth 2025-2031
The global Light Truck Radial Tyre (LBR Tyre) market size is predicted to grow from US$ million in 2025 to US$ million in 2031; it is expected to grow at a CAGR of % from 2025 to 2031.
The light truck radial tyre is a specially designed tyre for light commercial vehicles, including pickup trucks, vans, and SUVs. These tyres feature radial construction, with cord plies positioned radially from the bead to the tread. Light truck radial tyres offer numerous benefits such as improved fuel efficiency, reduced rolling resistance, enhanced traction, and better stability.
They provide reliable performance on different road surfaces, including both on-road and off-road conditions. Light truck radial tyres also offer increased durability and longer tread life, making them a cost-effective choice for light commercial vehicles that require optimal performance, handling, and safety in a variety of driving situations.
The market prospects for light truck radial tyres are highly promising. With the growing demand for light commercial vehicles, including pickup trucks and SUVs, there is an increasing need for tyres that offer superior performance and durability.
Light truck radial tyres provide several advantages, such as improved fuel efficiency, enhanced traction, and better stability on various road surfaces. These tyres are designed to withstand the demands of both on-road and off-road driving conditions. Additionally, the market is influenced by factors such as the focus on vehicle safety, advancements in tyre technology, and the desire for longer-lasting tread life.
As a result, the market for light truck radial tyres is expected to witness significant growth, driven by the increasing demand for reliable and high-performance tyres for light commercial vehicles.
Segmentation by Type:
- All Steel Wire Radial Tyre
- Half Wire Radial Tyre
- Full Fiber Radial Tyre
Segmentation by Application:
- Automotive Original Equipment Manufacturer
- Automobile Service Factory
- Others
Market by Region:
- Americas
- APAC
- Europe
- Middle East & Africa
Company Coverage:
- Michelin
- Bridgestone
- Goodyear
- Hankook Tyre
- Zhongce Rubber
- Yokohama
- Maxxis International
- Toyo Tyre
- Giti Tyre
- Shandong Linglong Tyre
- Sailun
- Kumho Tyre
- Nexen Tyre
- Nokian Tyres
- Triangle Tyre
- Double Coin Tyre
- Kenda Tyres
- Prinx Chengshan
- Qingdao Double Star Tyre Industrial
- Gui Zhou Tyre
- Cooper Tyre & Rubber
Key Questions Addressed in this Report
Frequently Asked Questions
- Global Market Players
- Geopolitical regions
- Consumer Insights
- Technological advancement
- Historic and Future Analysis of the Market