Please Wait.....
Report
Europe Mining Equipment Tire Market Opportunity, Growth Drivers, Industry Trend Analysis, and Forecast 2025 - 2034
Market Report I 2025-05-12 I 160 Pages I Global Market Insights
Europe Mining Equipment Tire Market was valued at USD 68.5 million in 2024 and is estimated to grow at a CAGR of 4.2% to reach USD 98.8 million by 2034. The market growth is closely tied to the ongoing transformation in the mining industry across Europe. As the sector adapts to cleaner technologies and smarter operations, demand for mining equipment tires that can meet the evolving performance requirements is increasing. Electric mining vehicles are steadily replacing diesel-powered machines in several underground operations, creating a rising need for specialized tires engineered to handle unique load distributions and torque patterns. This shift is not just reshaping product demand but also opening up avenues for tire makers to innovate in terms of materials, durability, and performance standards. Moreover, mining operators are placing a stronger emphasis on predictive maintenance and operational efficiency, further fueling the adoption of intelligent tire technologies.
Advancements in IoT and data analytics are also significantly influencing the way tires are managed in mining environments. The use of tire monitoring solutions that can gather real-time performance data is helping in predicting wear, detecting early signs of failure, and optimizing replacement schedules. These smart systems are rapidly becoming the norm in many European mines, contributing to better asset utilization and longer tire lifespan. Simultaneously, mining operations are aligning more with sustainability goals, and this has led to the development of eco-friendly tire designs. Manufacturers are focusing on reducing rolling resistance to minimize energy consumption while ensuring the products are recyclable at the end of their lifecycle. These sustainability-focused innovations are increasingly aligning with the environmental priorities of European regulatory frameworks and mining companies.
In terms of product type, the market is segmented into radial, bias, solid, and others. Among these, radial tires accounted for over USD 50 million in revenue in 2024 and are projected to cross USD 70 million by 2034. Radial tires dominate the market thanks to their superior load-bearing capacity and thermal dissipation properties, which are essential for prolonged use in harsh mining conditions. Their structural design-characterized by plies arranged perpendicular to the direction of motion-results in better traction and improved vehicle stability. The reduced rolling resistance not only enhances fuel efficiency but also supports cost-effective operations in high-intensity mining environments.
Based on the sales channel, the mining equipment tire market is categorized into OEM and aftermarket. The aftermarket segment took a leading position with around 72% of the market share in 2024 and is anticipated to experience notable expansion throughout the forecast period. This dominance is largely driven by the frequent replacement cycle of mining tires, which are subject to extreme stress and wear due to challenging terrains and continuous equipment operation. A substantial volume of active mining equipment across Europe further amplifies aftermarket sales, making it the most lucrative channel in this space.
When evaluated by tire size, the market includes segments such as 35-50 inches, 50-65 inches, and above 65 inches. The 50-65 inches category led the segment, contributing more than USD 25 million in 2024. On the other hand, the 35-50 inches segment is steadily gaining traction, primarily because it supports a wide range of medium-duty equipment, including compact vehicles used in underground mines. These tires are in high demand for machinery that operates in confined spaces, with their usage expanding due to the increasing popularity of compact and automated mining solutions.
By application, the market is broken down into coal, mineral, and metal mining. The mineral segment emerged as the leading application, generating over USD 26 million in 2024. As coal mining sees a gradual decline in some parts of Europe, particularly in the West, the demand for tires specific to coal applications is decreasing. However, the overall need for tires in mineral mining remains strong due to the variety of materials being extracted and the high levels of equipment utilization required.
Geographically, Western Europe represented the largest regional market with a share exceeding 37% in 2024. Germany stood out as the top contributor within the region, with tire shipments expected to surpass 2,600 units by 2034. The country maintains a stronghold in this market due to its advanced manufacturing infrastructure and its position as a hub for leading mining equipment producers. This concentration of OEMs ensures consistent demand for both original supply and replacement tires.
As manufacturers respond to changing demands in the mining sector, they are investing in advanced tire constructions and green materials. The focus is shifting toward energy-efficient designs and enhanced recycling systems, reflecting the broader push for sustainable solutions across European industries. The future of mining tires in Europe appears increasingly linked to innovation, environmental compliance, and the electrification of mining fleets.
Report Content
Chapter 1 Methodology & Scope
1.1 Research design
1.1.1 Research approach
1.1.2 Data collection methods
1.2 Base estimates and calculations
1.2.1 Base year calculation
1.2.2 Key trends for market estimates
1.3 Forecast model
1.4 Primary research & validation
1.4.1 Primary sources
1.4.2 Data mining sources
1.5 Market definitions
Chapter 2 Executive Summary
2.1 Industry 360 synopsis, 2021 - 2034
Chapter 3 Industry Insights
3.1 Industry ecosystem analysis
3.2 Supplier landscape
3.2.1 Component providers
3.2.2 Manufacturers
3.2.3 Distributors
3.2.4 End users
3.3 Impact of Trump administration tariffs
3.3.1 Impact on trade
3.3.1.1 Trade volume disruptions
3.3.1.2 Retaliatory measures
3.3.2 Impact on the Industry
3.3.2.1 Price volatility in key materials
3.3.2.2 Supply chain restructuring
3.3.2.3 Price transmission to end markets
3.3.3 Strategic industry responses
3.3.3.1 Supply chain reconfiguration
3.3.3.2 Pricing and product strategies
3.4 Profit margin analysis
3.5 Technology & innovation landscape
3.6 Key news & initiatives
3.7 Cost analysis
3.8 Price trend
3.9 Patent analysis
3.10 Regulatory landscape
3.11 Impact forces
3.11.1 Growth drivers
3.11.1.1 Rising demand for specialized tires for electric mining equipment
3.11.1.2 Increasing focus on operational efficiency and tire longevity
3.11.1.3 Growing mineral mining activities for critical metals
3.11.1.4 Integration of smart tire monitoring technologies
3.11.2 Industry pitfalls & challenges
3.11.2.1 Stringent environmental regulations on tire manufacturing and disposal
3.11.2.2 Fluctuating raw material prices for tire production
3.12 Growth potential analysis
3.13 Porter's analysis
3.14 PESTEL analysis
Chapter 4 Competitive Landscape, 2024
4.1 Introduction
4.2 Company market share analysis
4.3 Competitive positioning matrix
4.4 Strategic outlook matrix
Chapter 5 Market Estimates & Forecast, By Tire, 2021 - 2034 ($Bn, Units)
5.1 Key trends
5.2 Radial
5.3 Solid
5.4 Bias
5.5 Others
Chapter 6 Market Estimates & Forecast, By Tire Size, 2021 - 2034 ($Bn, Units)
6.1 Key trends
6.2 35-50 inches
6.3 50-65 inches
6.4 Above 65 inches
Chapter 7 Market Estimates & Forecast, By Sales Channel, 2021 - 2034 ($Bn, Units)
7.1 Key trends
7.2 OEM
7.3 Aftermarket
Chapter 8 Market Estimates & Forecast, By Application, 2021 - 2034 ($Bn, Units)
8.1 Key trends
8.2 Coal
8.3 Mineral
8.4 Metal
Chapter 9 Market Estimates & Forecast, By Region, 2021 - 2034 ($Bn, Units)
9.1 Key trends
9.2 Western Europe
9.2.1 Germany
9.2.2 Austria
9.2.3 France
9.2.4 Switzerland
9.2.5 Belgium
9.2.6 Luxembourg
9.2.7 Netherlands
9.2.8 Portugal
9.3 Eastern Europe
9.3.1 Poland
9.3.2 Romania
9.3.3 Czech Republic
9.3.4 Slovenia
9.3.5 Hungary
9.3.6 Bulgaria
9.4 Northern Europe
9.4.1 UK
9.4.2 Denmark
9.4.3 Sweden
9.4.4 Finland
9.4.5 Norway
9.5 Southern Europe
9.5.1 Italy
9.5.2 Spain
9.5.3 Greece
Chapter 10 Company Profiles
10.1 Aeolus Tyre
10.2 Apollo Tyres
10.3 BKT
10.4 Bridgestone
10.5 Camso
10.6 Carlisle (Carlstar Group)
10.7 Continental
10.8 Double Coin Holdings
10.9 Goodyear
10.10 Linglong Tire
10.11 Maxam Tire
10.12 Michelin
10.13 Mitas
10.14 Nokian Tyres
10.15 Pirelli
10.16 Toyo Tires
10.17 Trelleborg Wheel Systems
10.18 Triangle Tyre
10.19 TVS Eurogrip
10.20 Yokohama Off-Highway Tires
- Not Sure / Need Reassuring
- Confirm Content
-
Content is provided by our partners and every effort is made to make Market Report details as clear as possible. If you are not sure the exact content you require is included in this study you can Contact us to double check. To do this you can:
Use the ‘? ASK A QUESTION’ below the license / prices and to the right of this box. This will come directly to our team who will work on dealing with your request as soon as possible.
Write to directly on support@scotts-international.com with details. Please include as much information as possible including the name of report or link so our staff will be able to work on you request.
Telephone us directly on 0048 603 394 346 and an experienced member of team will be on hand to answer.
-
- Sample Pages
-
With the vast majority of our partners we can obtain Sample Pages to support your decision. This is something we can arrange without revealing your personal details.
It is important to note that we will not be able to provide you the exact data or statistics such as Market Size and Forecasts. Sample pages usually confirm the layout or the Categories included in Charts and Graphs, excluding specific data.
To ask for Sample Pages by contact us through ‘? ASK A QUESTION’, support@scotts-international.com, or by telephoning 0048 603 394 346.
-
- Check for Alternatives
-
Whilst we try to make our online platform as easy to use as possible there is always the possibility that a better alternative has not been found in your search.
To avoid this possibility Contact us through ‘? ASK A QUESTION’, support@scotts-international.com, or by telephoning 0048 603 394 346 and a Senior Team Member can review your requirements and send a list of possibilities with opinions and recommendations.
-
- Confirm Content
- Prices / Formats / Delivery
- Prices
-
All prices are set by our partners and should be exactly the same as those listed on their own websites. We work on a Revenue share basis ensuring that you never pay more than what is offered elsewhere.
Should you find the price cheaper on another platform we recommend you to Contact us as we should be able to match this price. You can Contact us though through ‘? ASK A QUESTION’, support@scotts-international.com, or by telephoning 0048 603 394 346.
-
- Discounts
-
As we work in close partnership with our Partners from time to time we can secure discounts and assist with negotiations, this is part of our personalised service to you.
Discounts can sometimes be arranged for speedily placed orders; multiple report purchases or Higher License purchases.
To check if a Discount is possible please Contact our experienced team through ‘? ASK A QUESTION’, support@scotts-international.com, or by telephoning 0048 603 394 346.
-
- Available Currencies
-
Most Market Reports on our platform are listed in USD or EURO based on the wishes of our Partners. To avoid currency fluctuations and potential price differentiations we do not offer the possibility to change the currency online.
Should you wish to pay in a different currency to that advertised online we do accept payments in USD, EURO, GBP and PLN. The price will be calculated based on the relevant exchange rate taken from our National Bank.
To pay in a different above currency to that advertised online please Contact our team and a quotation will be sent within a couple of hours with payment details.
-
- Licenses
-
License options vary from Partner to Partner as is usually based on the number of Users that will benefitting from the report. It is very important that License ordered is not breached as this could have potential negative consequences for you individually or your employer.
If you have questions or need confirmation about the specific license we recommend you to Contact us and a detailed explanation will be provided.
-
- Global Site License
-
The Global Site License is the most comprehensive license available. By selecting this license, the Market Report can be shared with other ‘Allowed Users’ and any other member of staff from the same organisation regardless of geographic location.
It is important to note that this may exclude Parent Companies or Subsidiaries.
If you have questions or need confirmation about the specific license we recommend you to Contact us and a detailed explanation will be provided.
-
- Formats
-
The most common format is PDF, however in certain circumstances data may be present in Excel format or Online, especially in the case of Database or Directories. In addition, for certain higher license options a CD may also be provided.
If you have questions or need clarification about the specific formats we recommend you to Contact us and a detailed explanation will be provided.
-
- Delivery
-
Delivery is fulfilled by our partners directly. Once an order has been placed we inform the partner by sharing the delivery email details given in the order process.
Delivery is usually made within 24 hours of an order being placed, however it may take longer should your order be placed prior to the weekend or if otherwise specified on the Market Report details page. Additionally, if details have been not fully completed in the Order process a delay in delivery is possible.
If a delay in delivery is expected you will be informed about it immediately.
-
- Shipping Charges
-
As most Market Reports are delivered in PDF format we almost never have to add additional Shipping Charges. If, however you are ordering a Higher License service or a specific delivery format (e.g. CD version) charges may apply.
If you are concerned about additional Shipping Charges we recommend you to Contact us to double check.
-
- Prices
- Ordering
- By Credit Card
-
We work in Partnership with PayU to ensure payments are made securely in a fast and effortless way. PayU is the e-payments division of Naspers.
Naspers operates in over 133 International Markets and ranks 3rd Globally in terms of the number of e-commerce customers served.
For more information on PayU please visit: https://www.payu.pl/en/about-us
-
- By Money Transfer
-
If you require an invoice prior to payment, this is possible. To ensure a speedy delivery of the Market Report we require all relevant company details and you agree to maximum payment terms of 30 days from receipt of order.
With our regular clients deliver of the Market Report can be made prior to receiving payment, however in some circumstances we may ask for payment to be received before arranging for the Market Report to be delivered.
-
- By Credit Card
- Security
- Website security
-
We have specifically partnered with leading International companies to protect your privacy by using different technologies and processes to ensure security.
Everything submitted to Scotts International is encrypted via SSL (Secure Socket Layer) and all personal information provided to Scotts International is stored on computer systems with limited access in controlled environments.
-
- Credit Card Security
-
We partner with PayU (https://www.payu.pl/en/about-us) to ensure all credit card payments are made securely in a fast and effortless way.
PayU offers 250+ various payment channels and eWallet services across 4 continents allowing buyers to pay electronically, whether on a computer or a mobile device.
-
- Website security