Global Ultra-High-Performance (UHP) Tire Market Report - By Type of Vehicle S(ports Car, SUV/MUV, Light Trucks, Others), By Season (Summer, Winter, All Season), By Demand (OEM, Replacement), By Price... ... lacement), By Price Category (Budget- Upto USD250 Per unit, Economy- USD251 to 500 Per Unit, Premium- Above USD500 Per Unit), By Speed Rating (H-130mph, T-118mph, W-168mph, V-149mph, Y-186mph, Q-99mph, R-106mph, S-112mph, P-93mph, Z-149+mph), By Sales Channel (Dealer & Distributor, Online, Direct Sales), By Rim Size in Inches (Upto 15, 15.1 to 16, 16.1 to 17, 17.1 to 18, Above 18), and Others Read more
- Tire
- Mar 2025
- 176
- PDF, Excel, PPT
Market Insights & Analysis: Global Ultra-High Performance (UHP) Tire Market (2025-30):
The Global Ultra-High Performance (UHP) Tire Market size was valued at around USD 12.8 billion in 2023 & is estimated to grow at a CAGR of around 11.1% during the forecast period, i.e., 2025-30. The market growth is primarily driven by sports vehicles and luxury sedans, which are a few of the primary users of extremely high-performance tires. These motors prioritize speed, handling, and overall performance, requiring tires that may provide superior traction and responsiveness, especially at high speeds. Similar to sports automobiles, excessive-performance coupes require tires that can withstand high speeds and offer extremely good grip and coping characteristics. These motors frequently have aggressive styling and overall performance-oriented designs, necessitating specialized UHP tires. These tires provide advanced road grip and advanced vehicle control at ultra-high speeds. The growing customers' inclination towards SUVs & luxurious motors and the mounting penetration of racing competitions and activities in many nations would further augment the size & volume of the UHP Tire Industry during the forecast period.
In addition, with the rise of electric vehicles, there is a growing demand for ultra-high-performance tires tailored to the particular characteristics of electrical powertrains. These tires provide high-quality traction while also supplying low rolling resistance to maximize the range of electric automobiles. The increasing consumer awareness about the significance & benefits of timely tire replacement is also projected to augment the revenue growth of the Global Ultra-High Performance (UHP) Tire Market in the coming years.
| Report Coverage | Details |
|---|---|
| Study Period | Historical Data: 2020-23 |
| Base Year: 2023 | |
| Forecast Period: 2025-30 | |
| CAGR(2025-2030) | 11.1% |
| Regions Covered | North America: The US, Canada, Mexico |
| Europe: Germany, France, The UK, Russia, Italy, Poland, Rest of Europe | |
| Asia-Pacific: China, India, Japan, South Korea, Australia, Rest of Asia Pacific | |
| South America: Brazil, Argentina, Chile, Rest of South America | |
| Middle East & Africa: Saudi Arabia, UAE, South Africa, Rest of Middle East | |
| Key Companies Profiled | Bridgestone, Michelin, Pirelli, Continental, Goodyear, Kumho, Hankook, Toyo, Yokohama Rubber Co. Ltd., Nankang Rubber Tire Corp., Ltd., Nitto Tire, NEXEN TIRE, The Hercules Tire and Rubber Company, and others |
| Market Value (2023) | USD 12.8 Billion |
Moreover, it is attributed principally to the rapidly increasing investments by tire manufacturers in offering a wide variety of UHP tires with different budgets & features, coupled with the rising inclination of vendors toward expanding their product portfolio, brand visibility, and customer base worldwide in the coming years. With the rising competition among tire manufacturers, the easy availability of an extensive range of all-season UHP tires from different budgets is attracting a massive consumer base from different corners of the world and, consequently, propelling the growth of the global market.
Furthermore, the growth of the market is to be pushed in general by the hiking prices of crude oil & its depleting availability because such conditions are instigating customers to adopt fuel-efficient mobility alternatives. As a result, the leading corporations within the tire industry are making huge investments in the production of tires that provide lower rolling resistance, minimum fuel consumption, and, as a result, better mileage, thereby augmenting the demand for ultra-high performance (UHP) tires globally.
Global Ultra-High Performance (UHP) Tire Market Driver:
Increasing Number of Racing Championships Worldwide – As racing championships are escalating rapidly worldwide, the demand for UHP tires for sports vehicles has also increased. In addition, the active participation of the leading companies in sponsoring & advertising racing championships is another crucial aspect of augmenting the number of racing championships, which ultimately promulgates the demand for UHP tires. Ultra-high-performance tires have strong ties to motorsports and racing, where tire performance directly impacts vehicle performance and competitiveness. The influence of motorsports, including Formula 1, endurance racing, and touring car championships, contributes to the development of advanced tire technologies and fosters consumer interest in high-performance tires.
- Market Segmentation
- Introduction
- Product Definition
- Research Process
- Assumptions
- Executive Summary
- Global Ultra-high-performance Tire Market Regulations and Policy
- Global Ultra-high-performance Tire Market Trends & Developments
- Global Ultra-high-performance Tire Market Dynamics
- Drivers
- Challenges
- Global Ultra-high-performance Tire Market Supply Chain Analysis
- Global Ultra-high-performance Tire Market Hotspot & Opportunities
- Global Ultra-high-performance Tire Market Outlook, 2020-2030F
- Market Size & Analysis
- By Units Sold (Thousands)
- By Revenues (USD Million)
- Market Share & Analysis
- By Type of Vehicle
- Sports Car- Market Size & Forecast 2020-2030, Thousands
- SUV/MUV- Market Size & Forecast 2020-2030, Thousands
- Light Trucks- Market Size & Forecast 2020-2030, Thousands
- Others- Market Size & Forecast 2020-2030, Thousands
- By Season
- Summer- Market Size & Forecast 2020-2030, Thousands
- Winter- Market Size & Forecast 2020-2030, Thousands
- All Season- Market Size & Forecast 2020-2030, Thousands
- By Demand
- OEM - Market Size & Forecast 2020-2030, Thousands
- Replacement- Market Size & Forecast 2020-2030, Thousands
- By Price Category
- Budget- Upto USD250 Per unit- Market Size & Forecast 2020-2030, Thousands
- Economy- USD251 to 500 Per Unit- Market Size & Forecast 2020-2030, Thousands
- Premium- Above USD500 Per Unit- Market Size & Forecast 2020-2030, Thousands
- By Speed Rating
- H-130mph- Market Size & Forecast 2020-2030, Thousands
- T-118mph- Market Size & Forecast 2020-2030, Thousands
- W-168mph- Market Size & Forecast 2020-2030, Thousands
- V-149mph- Market Size & Forecast 2020-2030, Thousands
- Y-186mph- Market Size & Forecast 2020-2030, Thousands
- Q-99mph- Market Size & Forecast 2020-2030, Thousands
- R-106mph- Market Size & Forecast 2020-2030, Thousands
- S-112mph- Market Size & Forecast 2020-2030, Thousands
- P-93mph- Market Size & Forecast 2020-2030, Thousands
- Z-149+mph- Market Size & Forecast 2020-2030, Thousands
- By Sales Channel
- Dealer & Distributor- Market Size & Forecast 2020-2030, Thousands
- Online- Market Size & Forecast 2020-2030, Thousands
- Direct Sales- Market Size & Forecast 2020-2030, Thousands
- By Rim Size in Inches
- Upto 15- Market Size & Forecast 2020-2030, Thousands
- 15.1 to 16- Market Size & Forecast 2020-2030, Thousands
- 16.1 to 17- Market Size & Forecast 2020-2030, Thousands
- 17.1 to 18- Market Size & Forecast 2020-2030, Thousands
- Above 18- Market Size & Forecast 2020-2030, Thousands
- By Region
- North America
- South America
- Europe
- The Middle East & Africa
- Asia-Pacific
- By Company
- Market Share & Analysis
- Competition Characteristics
- By Type of Vehicle
- Market Size & Analysis
- North America Ultra-high-performance Tire Market Outlook, 2020-2030F
- Market Size & Analysis
- By Units Sold (Thousands)
- By Revenues (USD Million)
- Market Share & Analysis
- By Type of Vehicle- Market Size & Forecast 2020-2030, Thousands
- By Season- Market Size & Forecast 2020-2030, Thousands
- By Demand- Market Size & Forecast 2020-2030, Thousands
- By Price Category- Market Size & Forecast 2020-2030, Thousands
- By Speed Rating- Market Size & Forecast 2020-2030, Thousands
- By Sales Channel- Market Size & Forecast 2020-2030, Thousands
- By Rim Diameter in Inches- Market Size & Forecast 2020-2030, Thousands
- By Country
- The Us
- Canada
- Mexico
- The US Ultra-high-performance Tire Market Outlook, 2017-2027
- Market Size & Analysis
- By Units Sold (Thousands)
- By Revenues (USD Million)
- Market Share & Analysis
- By Type of Vehicle- Market Size & Forecast 2020-2030, Thousands
- By Demand- Market Size & Forecast 2020-2030, Thousands
- Market Size & Analysis
- Canada Ultra-high-performance Tire Market Outlook, 2017-2027
- Market Size & Analysis
- By Units Sold (Thousands)
- By Revenues (USD Million)
- Market Share & Analysis
- By Type of Vehicle- Market Size & Forecast 2020-2030, Thousands
- By Demand- Market Size & Forecast 2020-2030, Thousands
- Market Size & Analysis
- Mexico Ultra-high-performance Tire Market Outlook, 2017-2027
- Market Size & Analysis
- By Units Sold (Thousands)
- By Revenues (USD Million)
- Market Share & Analysis
- By Type of Vehicle- Market Size & Forecast 2020-2030, Thousands
- By Demand- Market Size & Forecast 2020-2030, Thousands
- Market Size & Analysis
- Market Size & Analysis
- South America Ultra-high-performance Tire Market Outlook, 2020-2030F
- Market Size & Analysis
- By Units Sold (Thousands)
- By Revenues (USD Million)
- Market Share & Analysis
- By Type of Vehicle- Market Size & Forecast 2020-2030, Thousands
- By Season- Market Size & Forecast 2020-2030, Thousands
- By Demand- Market Size & Forecast 2020-2030, Thousands
- By Price Category- Market Size & Forecast 2020-2030, Thousands
- By Speed Rating- Market Size & Forecast 2020-2030, Thousands
- By Sales Channel- Market Size & Forecast 2020-2030, Thousands
- By Rim Diameter in Inches- Market Size & Forecast 2020-2030, Thousands
- By Country
- Brazil
- Argentina
- Chile
- Rest of South America
- Brazil Ultra-high-performance Tire Market Outlook, 2017-2027
- Market Size & Analysis
- By Units Sold (Thousands)
- By Revenues (USD Million)
- Market Share & Analysis
- By Type of Vehicle- Market Size & Forecast 2020-2030, Thousands
- By Demand- Market Size & Forecast 2020-2030, Thousands
- Market Size & Analysis
- Argentina Ultra-high-performance Tire Market Outlook, 2017-2027
- Market Size & Analysis
- By Units Sold (Thousands)
- By Revenues (USD Million)
- Market Share & Analysis
- By Type of Vehicle- Market Size & Forecast 2020-2030, Thousands
- By Demand- Market Size & Forecast 2020-2030, Thousands
- Market Size & Analysis
- Chile Ultra-high-performance Tire Market Outlook, 2017-2027
- Market Size & Analysis
- By Units Sold (Thousands)
- By Revenues (USD Million)
- Market Share & Analysis
- By Type of Vehicle- Market Size & Forecast 2020-2030, Thousands
- By Demand- Market Size & Forecast 2020-2030, Thousands
- Market Size & Analysis
- Market Size & Analysis
- Europe Ultra-high-performance Tire Market Outlook, 2020-2030F
- Market Size & Analysis
- By Units Sold (Thousands)
- By Revenues (USD Million)
- Market Share & Analysis
- By Type of Vehicle- Market Size & Forecast 2020-2030, Thousands
- By Season- Market Size & Forecast 2020-2030, Thousands
- By Demand- Market Size & Forecast 2020-2030, Thousands
- By Price Category- Market Size & Forecast 2020-2030, Thousands
- By Speed Rating- Market Size & Forecast 2020-2030, Thousands
- By Sales Channel- Market Size & Forecast 2020-2030, Thousands
- By Rim Diameter in Inches- Market Size & Forecast 2020-2030, Thousands
- By Country
- Germany
- France
- The UK
- Russia
- Italy
- Poland
- Rest of Europe
- Germany Ultra-high-performance Tire Market Outlook, 2017-2027
- Market Size & Analysis
- By Units Sold (Thousands)
- By Revenues (USD Million)
- Market Share & Analysis
- By Type of Vehicle- Market Size & Forecast 2020-2030, Thousands
- By Demand- Market Size & Forecast 2020-2030, Thousands
- Market Size & Analysis
- France Ultra-high-performance Tire Market Outlook, 2017-2027
- Market Size & Analysis
- By Units Sold (Thousands)
- By Revenues (USD Million)
- Market Share & Analysis
- By Type of Vehicle- Market Size & Forecast 2020-2030, Thousands
- By Demand- Market Size & Forecast 2020-2030, Thousands
- Market Size & Analysis
- The UK Ultra-high-performance Tire Market Outlook, 2017-2027
- Market Size & Analysis
- By Units Sold (Thousands)
- By Revenues (USD Million)
- Market Share & Analysis
- By Type of Vehicle- Market Size & Forecast 2020-2030, Thousands
- By Demand- Market Size & Forecast 2020-2030, Thousands
- Market Size & Analysis
- Russia Ultra-high-performance Tire Market Outlook, 2017-2027
- Market Size & Analysis
- By Units Sold (Thousands)
- By Revenues (USD Million)
- Market Share & Analysis
- By Type of Vehicle- Market Size & Forecast 2020-2030, Thousands
- By Demand- Market Size & Forecast 2020-2030, Thousands
- Market Size & Analysis
- Italy Ultra-high-performance Tire Market Outlook, 2017-2027
- Market Size & Analysis
- By Units Sold (Thousands)
- By Revenues (USD Million)
- Market Share & Analysis
- By Type of Vehicle- Market Size & Forecast 2020-2030, Thousands
- By Demand- Market Size & Forecast 2020-2030, Thousands
- Market Size & Analysis
- Poland Ultra-high-performance Tire Market Outlook, 2017-2027
- Market Size & Analysis
- By Units Sold (Thousands)
- By Revenues (USD Million)
- Market Share & Analysis
- By Type of Vehicle- Market Size & Forecast 2020-2030, Thousands
- By Demand- Market Size & Forecast 2020-2030, Thousands
- Market Size & Analysis
- Market Size & Analysis
- Middle East & Africa Ultra-high-performance Tire Market Outlook, 2020-2030F
- Market Size & Analysis
- By Units Sold (Thousands)
- By Revenues (USD Million)
- Market Share & Analysis
- By Type of Vehicle- Market Size & Forecast 2020-2030, Thousands
- By Season- Market Size & Forecast 2020-2030, Thousands
- By Demand- Market Size & Forecast 2020-2030, Thousands
- By Price Category- Market Size & Forecast 2020-2030, Thousands
- By Speed Rating- Market Size & Forecast 2020-2030, Thousands
- By Sales Channel- Market Size & Forecast 2020-2030, Thousands
- By Rim Diameter in Inches- Market Size & Forecast 2020-2030, Thousands
- By Country
- Saudi Arabia
- UAE
- South Africa
- Rest of Middle East
- Saudi Arabia Ultra-high-performance Tire Market Outlook, 2017-2027
- Market Size & Analysis
- By Units Sold (Thousands)
- By Revenues (USD Million)
- Market Share & Analysis
- By Type of Vehicle- Market Size & Forecast 2020-2030, Thousands
- By Demand- Market Size & Forecast 2020-2030, Thousands
- Market Size & Analysis
- UAE Ultra-high-performance Tire Market Outlook, 2017-2027
- Market Size & Analysis
- By Units Sold (Thousands)
- By Revenues (USD Million)
- Market Share & Analysis
- By Type of Vehicle- Market Size & Forecast 2020-2030, Thousands
- By Demand- Market Size & Forecast 2020-2030, Thousands
- Market Size & Analysis
- South Africa Ultra-high-performance Tire Market Outlook, 2017-2027
- Market Size & Analysis
- By Units Sold (Thousands)
- By Revenues (USD Million)
- Market Share & Analysis
- By Type of Vehicle- Market Size & Forecast 2020-2030, Thousands
- By Demand- Market Size & Forecast 2020-2030, Thousands
- Market Size & Analysis
- Market Size & Analysis
- Asia Pacific Ultra-high-performance Tire Market Outlook, 2020-2030F
- Market Size & Analysis
- By Units Sold (Thousands)
- By Revenues (USD Million)
- Market Share & Analysis
- By Type of Vehicle- Market Size & Forecast 2020-2030, Thousands
- By Season- Market Size & Forecast 2020-2030, Thousands
- By Demand- Market Size & Forecast 2020-2030, Thousands
- By Price Category- Market Size & Forecast 2020-2030, Thousands
- By Speed Rating- Market Size & Forecast 2020-2030, Thousands
- By Sales Channel- Market Size & Forecast 2020-2030, Thousands
- By Rim Diameter in Inches- Market Size & Forecast 2020-2030, Thousands
- By Country
- China
- India
- Japan
- South Korea
- Australia
- Rest of Asia Pacific
- China Ultra-high-performance Tire Market Outlook, 2017-2027
- Market Size & Analysis
- By Units Sold (Thousands)
- By Revenues (USD Million)
- Market Share & Analysis
- By Type of Vehicle- Market Size & Forecast 2020-2030, Thousands
- By Demand- Market Size & Forecast 2020-2030, Thousands
- Market Size & Analysis
- India Ultra-high-performance Tire Market Outlook, 2017-2027
- Market Size & Analysis
- By Units Sold (Thousands)
- By Revenues (USD Million)
- Market Share & Analysis
- By Type of Vehicle- Market Size & Forecast 2020-2030, Thousands
- By Demand- Market Size & Forecast 2020-2030, Thousands
- Market Size & Analysis
- Japan Ultra-high-performance Tire Market Outlook, 2017-2027
- Market Size & Analysis
- By Units Sold (Thousands)
- By Revenues (USD Million)
- Market Share & Analysis
- By Type of Vehicle- Market Size & Forecast 2020-2030, Thousands
- By Demand- Market Size & Forecast 2020-2030, Thousands
- Market Size & Analysis
- South Korea Ultra-high-performance Tire Market Outlook, 2017-2027
- Market Size & Analysis
- By Units Sold (Thousands)
- By Revenues (USD Million)
- Market Share & Analysis
- By Type of Vehicle- Market Size & Forecast 2020-2030, Thousands
- By Demand- Market Size & Forecast 2020-2030, Thousands
- Market Size & Analysis
- Australia Ultra-high-performance Tire Market Outlook, 2017-2027
- Market Size & Analysis
- By Units Sold (Thousands)
- By Revenues (USD Million)
- Market Share & Analysis
- By Type of Vehicle- Market Size & Forecast 2020-2030, Thousands
- By Demand- Market Size & Forecast 2020-2030, Thousands
- Market Size & Analysis
- Market Size & Analysis
- Global Ultra-high-performance Tire Market Key Strategic Imperatives for Growth & Success
- Competition Outlook
- Company Profiles
- Bridgestone
- Business Description
- Product Portfolio
- Strategic Alliances or Partnerships
- Recent Developments
- Financial Details
- Others
- Michelin
- Business Description
- Product Portfolio
- Strategic Alliances or Partnerships
- Recent Developments
- Financial Details
- Others
- Pirelli
- Business Description
- Product Portfolio
- Strategic Alliances or Partnerships
- Recent Developments
- Financial Details
- Others
- Continental
- Business Description
- Product Portfolio
- Strategic Alliances or Partnerships
- Recent Developments
- Financial Details
- Others
- Goodyear
- Business Description
- Product Portfolio
- Strategic Alliances or Partnerships
- Recent Developments
- Financial Details
- Others
- Kumho
- Business Description
- Product Portfolio
- Strategic Alliances or Partnerships
- Recent Developments
- Financial Details
- Others
- Hankook
- Business Description
- Product Portfolio
- Strategic Alliances or Partnerships
- Recent Developments
- Financial Details
- Others
- Toyo
- Business Description
- Product Portfolio
- Strategic Alliances or Partnerships
- Recent Developments
- Financial Details
- Others
- Yokohama Rubber Co., Ltd
- Business Description
- Product Portfolio
- Strategic Alliances or Partnerships
- Recent Developments
- Financial Details
- Others
- Nankang Rubber Tire Corp., Ltd.
- Business Description
- Product Portfolio
- Strategic Alliances or Partnerships
- Recent Developments
- Financial Details
- Others
- Nitto Tire
- Business Description
- Product Portfolio
- Strategic Alliances or Partnerships
- Recent Developments
- Financial Details
- Others
- NEXEN TIRE
- Business Description
- Product Portfolio
- Strategic Alliances or Partnerships
- Recent Developments
- Financial Details
- Others
- The Hercules Tire and Rubber Company
- Business Description
- Product Portfolio
- Strategic Alliances or Partnerships
- Recent Developments
- Financial Details
- Others
- Others
- Business Description
- Product Portfolio
- Strategic Alliances or Partnerships
- Recent Developments
- Financial Details
- Others
- Bridgestone
- Company Profiles
- Disclaimer
MarkNtel Advisors follows a robust and iterative research methodology designed to ensure maximum accuracy and minimize deviation in market estimates and forecasts. Our approach combines both bottom-up and top-down techniques to effectively segment and quantify various aspects of the market. A consistent feature across all our research reports is data triangulation, which examines the market from three distinct perspectives to validate findings. Key components of our research process include:
1. Scope & Research Design At the outset, MarkNtel Advisors define the research objectives and formulate pertinent questions. This phase involves determining the type of research—qualitative or quantitative—and designing a methodology that outlines data collection methods, target demographics, and analytical tools. They also establish timelines and budgets to ensure the research aligns with client goals.
2. Sample Selection and Data Collection In this stage, the firm identifies the target audience and determines the appropriate sample size to ensure representativeness. They employ various sampling methods, such as random or stratified sampling, based on the research objectives. Data collection is carried out using tools like surveys, interviews, and observations, ensuring the gathered data is reliable and relevant.
3. Data Analysis and Validation Once data is collected, MarkNtel Advisors undertake a rigorous analysis process. This includes cleaning the data to remove inconsistencies, employing statistical software for quantitative analysis, and thematic analysis for qualitative data. Validation steps are taken to ensure the accuracy and reliability of the findings, minimizing biases and errors.
4. Data Forecast and FinalizationThe final phase involves forecasting future market trends based on the analyzed data. MarkNtel Advisors utilize predictive modeling and time series analysis to anticipate market behaviors. The insights are then compiled into comprehensive reports, featuring visual aids like charts and graphs, and include strategic recommendations to inform client decision-making