What Happened
Global Demand Driven by New Aircraft Deliveries and Fleet Maintenance
The global aerospace tire market is expected to grow from $2.33 billion in 2026 to $3.71 billion by 2036, driven by new aircraft deliveries and ongoing fleet maintenance. The market is projected to expand at a compound annual growth rate (CAGR) of 4.76% during the forecast period, with radial tires accounting for the largest share of the market. According to Fact.MR, the market is supported by demand from commercial aviation, which covers 56.4% of the market, as well as the need for approved replacement tires and retreading services. This growth may create opportunities for suppliers to develop aircraft-specific products and services, as reported by Fact.MR.