What Happened
Growing Demand for Radial Tires Drives Aerospace Tire Growth
The aerospace tire market is expected to grow from $2.33 billion in 2026 to $3.71 billion by 2036, driven by increasing demand for air travel and aircraft production. Radial tires, which hold 73.4% of the product market, are expected to continue to dominate the market. Commercial aviation, which represents 56.4% of 2026 sales, is a key driver of demand. The market is forecast to grow at a 4.76% CAGR during 2026 to 2036, according to Fact.MR.