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.

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.

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Vikram Makar, Managing Director, Oriental Rubber Industries and Former President, All India Rubber Industries Association, passed away on 5 July 2025. 

The second-generation entrepreneur was instrumental in expanding Oriental Rubber’s presence not just in India but to over 50 countries globally, including North America, Europe, Australia, Southern Africa and the Middle East. Under his leadership, Oriental Rubber Industries became the leading exporter of conveyor belts from India.

The 62-year-old rubber industry veteran was vocal for India’s rubber MSME sector — passionate, insightful and deeply committed to seeing these small businesses thrive. 

Maker spoke with a rare blend of industry knowledge and empathy, underlining the human side of economic policies. He didn't just highlight the challenges; he offered practical recommendations.

Beyond policy, he exemplified leadership grounded in compassion, seeking systemic change with a sense of urgency and care. Makar’s legacy is one of actionable insight and unwavering belief in the resilience of India’s small enterprises.

Makar will be remembered not just as an expert voice in the rubber industry and finance, but as a thoughtful, empathetic leader.

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Bridgestone India has joined hands with Sagest (Society for Environment and Agricultural Sustainability) to launch the Nutritional Fruit Orchard Project in Sulawad Village, Madhya Pradesh. This women-led project improves nutrition, fosters livelihood possibilities and supports environmental sustainability. With the help of Bridgestone staff and locals, the orchard, which spans four acres, is home to more than 1,300 fruit trees of more than 15 species. It is grown using sustainable practices.

With a 96 percent survival rate in its first year, the project has enabled women to run a nursery with 1,000 saplings and turn garden waste into organic compost and insecticides, encouraging environmentally responsible farming and generating extra revenue. The ladies who are in charge of the orchard will have a reliable source of income once it is completely developed. By assisting households in growing 251 kitchen gardens, the programme also improves nutrition in Sulawad by guaranteeing that locals have access to fresh, homegrown produce. Frequent training sessions have improved environmental consciousness and community ownership.

This unique project demonstrates multi-stakeholder collaboration – Bridgestone and Sagest lead implementation, the local panchayat provided land, women manage daily operations and a nearby government school assists. By combining environmental conservation, rural development and women’s empowerment, the initiative serves as a replicable model for sustainable corporate-community partnerships.

Hiroshi Yoshizane, Managing Director, Bridgestone India, said, “True sustainability goes beyond business – it’s about empowering communities and protecting the planet. This project shows how women-led, community-driven action can create long-term impact on nutrition, livelihoods and the environment. It’s not just about planting trees; it’s about planting hope, resilience and a better future. This initiative beautifully demonstrates how community-driven, women-led environmental action can improve nutrition, generate income and protect the planet – all at the same time.”

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JK Tyre & Industries, one of the leading tyre manufacturers in the country, has announced the appointment of Sylvain Sagot as Director – Quality.

Sagot comes with over three decades of experience in quality assurance, process excellence and operational leadership in the automotive and tyre industry. A French national, he began his career as a Quality Engineer at Michelin Netherlands in 1991.

In 2004, he worked with Renault as a Supplier Development Consultant and went on to grow to the ranks of Supplier Performance Manager for the Renault Nissan Alliance. He also worked with Alstom and Gajah Tunggal, one of the biggest tyre manufacturers in Southeast Asia as QA General Manager & TBR Plant Head in Indonesia for over three years.

Sagot in his last role was the International Truck Trailer Quality & Product Safety Director at Carrier, where he spent over a decade.

JK Tyre & Industries believes that Sagot with deep expertise in supplier development, quality management systems, product safety, and OEM partnerships in large-scale manufacturing environments, will further strengthen its global operations.

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  - Jitendra Pancholi July 04, 2025 19:47 PM

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Nynas, with its strong commitment to innovation and product sustainability, recently commissioned an independent study to evaluate the environmental impact of its products across four key application areas: transformer oils, lubricating greases, tyres and bitumen binders. Conducted by Future Earth Analytics, LLC, the research revealed that many Nynas products deliver significant sustainability advantages, often surpassing industry performance benchmarks.

The study highlighted several environmental benefits across different applications. In transformer oils, certain Nynas products improve cooling efficiency and energy transmission, reducing energy losses during operation. For tyres, specific Nynas tyre oils contribute to lower rolling resistance, which helps decrease fuel consumption in vehicles. In lubricating greases, the use of naphthenic base oils reduces reliance on lithium – a resource-intensive material – while also cutting energy consumption during production. Additionally, Nynas’ strategic location near bitumen customers minimises transportation distances, thereby lowering associated emissions.

The findings underscore a substantial environmental impact: had customers opted for alternative products instead of Nynas’ offerings in 2023, an additional 740,000 tonnes of greenhouse gas emissions would have been generated. This saving is equivalent to avoiding the consumption of five million barrels of oil.

To assess these benefits, researchers employed a dual analytical framework combining Life Cycle Assessment (LCA) and Net Energy Analysis (NEA). This approach allowed for a detailed comparison of energy savings and emissions reductions across different lifecycle phases, such as cradle-to-gate and use-phase impacts. By focusing on stages where variations occur, the study provided a quantitative evaluation of how choosing Nynas products can lead to measurable energy and emissions savings compared to market alternatives. The results reinforce Nynas’ leadership in delivering sustainable solutions that support a lower-carbon future. 

Marika Rangstedt, Sustainability Manager, said, “The beneficial effects are true not only for our recent circular or renewable products, but also for many of our traditional products. We are leading the way in sustainability and setting new standards for product related environmental responsibility within our industry.”

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