Bicycle Tyre Market Gears Up for Steady Growth
- By TT News
- October 23, 2024
The global bicycle tyre market is poised for significant expansion, driven by a surge in cycling popularity and a growing emphasis on sustainable transportation. According to a new report by Future Market Insights (FMI), global sales of bicycle tyres are projected to reach USD 10,158.3 million in 2024, with a compound annual growth rate (CAGR) of 8.8 percent over the next decade.
Several factors are contributing to this market growth. Rising health consciousness and a desire for eco-friendly transportation have propelled bicycles to the forefront of urban mobility. The increasing adoption of electric bicycles, offering convenience and efficiency, has further fuelled demand.
|
Countries |
Value CAGR (2024 to 2034) |
|
|
Brazil |
9.2% |
|
|
India |
7.6% |
|
|
The USA |
7.7% |
|
|
Germany |
5.5% |
|
|
China |
7.2% |
|
Beyond fitness, cycling has emerged as a popular recreational activity, driving demand for a diverse range of bicycle types tailored to various terrains. Innovations in bicycle design, such as the use of lightweight materials and advanced gears, are making cycling more accessible and enjoyable for riders of all levels.
While fluctuating raw material prices pose a challenge, the overall market outlook remains positive. The bicycle tyre industry is well-positioned to capitalise on the growing trend towards sustainable and active lifestyles.
“The bicycle tyre market is experiencing steady growth, driven by rising environmental awareness and the demand for urban mobility solutions. Increased interest in cycling for fitness, recreation, and eco-friendly transportation continues to fuel the market's expansion” - says Nikhil Kaitwade, Associate Vice President at Future Market Insights (FMI).
Key drivers fuelling the bicycle tyre market
The bicycle tyre market is experiencing robust growth, driven by various factors. Rising health consciousness is a primary driver, as individuals increasingly recognise the fitness benefits of cycling. Urban mobility challenges have also contributed to the market's expansion, with bicycles offering a convenient and efficient solution to navigate congested cities.
Environmental concerns have further fueled demand, as governments and individuals seek to reduce carbon emissions. Government support for cycling, including developing cycling-friendly infrastructure and policies, has played a crucial role in driving market growth.
The popularity of electric bicycles has also been a significant factor, offering riders convenience and ease of use. Additionally, cycling for recreation has expanded the market for specialized tyres designed for various terrains.
Technological innovations in bicycle design, such as high-quality gears and lightweight materials, have further boosted demand for durable and efficient bicycle tyres. These combined factors are propelling the bicycle tyre market towards continued growth.
Challenges facing the bicycle tyre market
The bicycle tyre market, while experiencing significant growth, is not without its challenges. Fluctuating raw material prices, particularly for rubber and metals, can impact the pricing and profitability of bicycle tyres. Supply chain disruptions caused by factors such as manufacturing delays or transportation issues can also affect the timely availability of products.
Competition from other eco-friendly modes of transport, such as electric scooters, could potentially slow down the growth of the bicycle tyre market. Varying consumer preferences based on bicycle type and terrain make it challenging for manufacturers to cater to all market segments effectively.
In regions with limited cycling infrastructure, bicycle adoption and tyre demand may be slower. Additionally, environmental regulations governing rubber and tyre component production can increase manufacturers' operational costs.
wdk Hails 'Berlin Declaration' As Vital For German Industry And Jobs
- By TT News
- November 05, 2025
The German Rubber Industry Association (wdk) has responded positively to the 'Berlin Declaration’, characterising it as an essential and long-awaited political signal. From the wdk's perspective, the declaration represents a crucial commitment from the ‘Friends of Industry’ to bolster the manufacturing sector, which is fundamental to preserving Germany's industrial core and the multitude of upstream and downstream jobs it sustains. The association's Managing Director, Boris Engelhardt, emphasised that this initiative correctly identifies the urgent need for Europe to recognise and champion industrial value creation.
The wdk finds it particularly significant that the impetus for this declaration originated from a coalition of 17 member states, a fact that underscores a shared political priority independent of the EU Commission's agenda. While the declaration's broad framework allows for various interpretations, the wdk has identified the reduction of bureaucratic burdens as its paramount objective. On this specific point, the association reports being in complete alignment with Federal Minister for Economic Affairs Katherina Reiche. The wdk now asserts that the true measure of the declaration's success will lie in its translation from a political statement into actionable policy, urging the addressed EU institutions to move beyond acknowledgment and proceed with swift and decisive implementation.
Japan’s Zeon Lifts Full-Year Profit Outlook On Strong Battery Materials, Optical Films Demand
- By TT News
- November 04, 2025
Japanese chemicals maker Zeon Corporation raised its full-year operating profit forecast after first-quarter earnings more than doubled, driven by robust demand for battery materials and optical films.
The Tokyo-based company, which produces speciality plastics and synthetic rubbers, posted operating income of 12.1 billion yen ($83.3 million) for the three months to June 30, up 136 percent from the previous quarter and 59 percent higher year-on-year.
Net sales declined 2 percent to 103.1 billion yen from a year earlier, affected by yen appreciation and lower elastomer prices reflecting declining raw material costs. However, sales volumes of optical films and battery materials increased during the period.
The company revised its full-year operating income forecast upwards to 30.5 billion yen from a previous estimate of 28 billion yen. However, this still represents a 9 percent decline from the prior year. Full-year sales are now expected to reach 415 billion yen, up 4 percent.
Zeon maintained its annual dividend forecast at 72 yen per share and said it is proceeding with a share buyback programme of up to 10 million shares or 10 billion yen for the current fiscal year.
The speciality materials business, which includes optical plastics, films and battery materials, generated operating income of 7.4 billion yen in the first quarter, jumping 40 percent year-on-year. Sales in the division fell 3 percent to 29.3 billion yen, partly due to timing differences at overseas affiliates related to the Chinese New Year.
Demand for battery materials remained steady, supported by China’s electric vehicle subsidy policies, whilst shipments to the United States energy storage systems market began during the quarter. The company said European EV sales showed signs of recovery, though inventory adjustments were prolonged.
In optical films, shipments increased due to expanded market share in large-sized televisions, whilst demand remained steady for tablet and smartphone applications.
The elastomer business posted operating income of 4.2 billion yen, up 12 percent from a year earlier, though sales were flat at 58.1 billion yen. The division was affected by weak overseas demand and lower selling prices caused by falling raw material costs.
Zeon also announced plans to sell a portion of its investment securities between August 2025 and March 2026, expecting to book a gain of approximately 10.9 billion yen to improve capital efficiency. The move is expected to reduce its cross-shareholdings ratio to around 11-12 percent of net assets by the end of the fiscal year.
The company said it had completed a reorganisation in June, transferring its chemicals business to the speciality materials division to accelerate decision-making and maximise profitability.
For the second half of the year, Zeon cautioned that optical film shipments are expected to decline due to panel production adjustments and seasonal mobile device demand. However, it described the adjustment as temporary with growth anticipated in fiscal 2026.
Continental Launches All-New TKC 80² Off-Road Motorcycle Tyre
- By TT News
- November 04, 2025
Continental is redefining adventure riding for a new generation with the launch of the TKC 802, a complete re-imagining of its legendary TKC 80 tyre. After four decades, this isn't a simple update but a fundamental redesign crafted for today's powerful and heavy adventure motorcycles. It answers a clear call from riders who are increasingly drawn to uncharted paths, yet refuse to sacrifice performance on the journey there. The TKC 802 is engineered to be an uncompromising partner for this dual-purpose lifestyle.
Its performance begins with a cleverly engineered tread. The pattern uses larger, strategically shifted blocks that create more biting edges for superior grip in dirt, sand and gravel. This design also actively resists clogging, ensuring consistent performance where other tyres might pack up with mud. Stability is enhanced through a larger contact area, inspiring confidence whether carving a paved corner or navigating a rocky trail. The logic even extends to direction: the front tread is angled to dig in during braking, while the rear is designed in the opposite way to maximise acceleration traction without excessive digging.
Beneath the tread, a new carcass provides the backbone. It is specifically calibrated for a balanced 50/50 use, offering the robust stability needed for a loaded bike at high speeds or on demanding off-road sections while also improving ride comfort through optimised damping. An advanced rubber compound tackles the classic trade-off, delivering aggressive grip across diverse surfaces while also promising remarkable longevity and wear resistance. This is complemented by RainGrip technology, which instils confidence by maintaining secure handling when the weather turns cold and wet.
Built for epic journeys on every continent and backed by robust puncture protection, the TKC 802 is for those who ride without limits. To fit a broad spectrum of modern travel enduros from brands like BMW, KTM and Ducati, it will be produced in multiple sizes. With its distinct new sidewall icon, the Continental TKC 802 will be available at specialist retailers starting in Spring 2026.
Raphael Michels, Product Manager for Motorcycle Tires at Continental, said, “Our new flexible rubber compound adapts perfectly to the micro-roughness of the asphalt, providing excellent grip. At the same time, we’ve worked intensively to resolve the conflict between on- and off-road performance in the best possible way. The tyre tread combines maximum flexibility for safe wet grip with high block stiffness for stability and mechanical grip.”
Christoph Ettenhuber, Head of Business Field Motorcycle Tires at Continental, said, “With the TKC 802, we’re setting new standards in terms of versatility, robustness and off-road performance. The combination of innovative tread design, new rubber compound and optimised carcass offers adventure riders maximum safety, control and riding pleasure on a wide variety of terrains.”
Bridgestone Unveils BATTLAX RACING STREET RS12 Motorcycle Tyre
- By TT News
- November 03, 2025
Bridgestone has confirmed a January 2026 launch for its new premium sports motorcycle tyre, the BATTLAX RACING STREET RS12, in North America. Developed under the concept ‘From Circuit to Street,’ this road-legal tyre is engineered to deliver the highest level of dry grip within the BATTLAX lineup by directly incorporating technologies refined in competitive racing.
The RS12 features a specialised compound derived from race tyre development, which works in concert with a newly designed tread pattern. This pattern’s optimised groove ratio enhances overall tyre rigidity and increases the contact area during cornering for superior grip. A significant innovation for the front tyre is the introduction of the HE-MS BELT structure, a technology previously reserved for top-tier global motorcycle races. This flexible belt system equalises contact pressure to provide a further boost in traction.
By integrating these endurance-racing technologies, the RS12 achieves comprehensive performance improvements on the circuit, with a primary focus on dry conditions. The result is a notable reduction in lap times compared to its predecessor, the RS11. Furthermore, the synergistic combination of its compound, pattern and structure ensures that the high grip level is consistently maintained over multiple laps, resisting performance degradation. This gives riders confidence and a more engaging experience across diverse riding scenarios, from aggressive sport riding on dry pavement to tackling winding roads and dedicated track days.

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