Europe Wheel Excavator Tire Market Size - By Tire, By Tire Size, By Sales Channel, By Application, Growth Forecast, 2025 - 2034

Report ID: GMI13648
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Published Date: April 2025
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Report Format: PDF

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Europe Wheel Excavator Tire Market Size

The Europe wheel excavator tire market was valued at USD 82.8 million in 2024 and is projected to grow at a CAGR of 5.8% between 2025 and 2034, driven by rising construction and infrastructure development across the region. According to Cartan Trade, an Insurance Company, construction sector alone constitutes over 10% of the European Union's GDP, creating millions of jobs which further drives the need for advanced construction machinery.
 

Europe Wheel Excavator Tire Market

Wheel excavators along with their specialized tires are still in great demand and the ongoing civil engineering construction projects across Europe continues to drive that demand.  According to Eurostat, as of June 2024, construction output increased by 1.7% in the euro area and by 1.4% in the EU relative to May 2024. Eurostat data also indicates that the civil engineering sector which embodies a significant proportion of the wheel excavator market grew by 1.1%.
 

The shifting of technology with new advancements in manufacturing of tire base walls, especially the load bearing, durable sections and even fuel consumption area, is creating impacts on the market. Tires are manufactured with great precision these days to ensure the best performance during the extreme working condition to decrease the idle time and improve the operational efficiency.
 

The emphasis on the environment is changing how Europe designs and constructs tires. There has been a shift towards less environmentally damaging and more environmentally friendly production which drives innovation with the tire material and the means used to make the tire itself.
 

Europe Wheel Excavator Tire Market Trends

  • The demand for wheel excavator tires is being exponentially boosted by rise in infrastructure development projects across Europe. An example is a part of the investment treaty where Deutsche Bahn (DB) is embarking on upgrading the railway network along with the stations for USD 49.73 billion in funds, which was initiated in September 2023.
     
  • Market growth is being fueled by industrial innovation in the processes used to manufacture tires by placing a prime emphasis on enhancing their durability, traction, and performance as a whole. Boundless operating conditions that rigidly minimize downtime are often sought after by manufactures in regards to research and development investments.
     
  • Manufacturers strive to adhere to stringent European regulations by developing low carbon and high recyclable eco-friendly tires thus reversing the problem while concurrently meeting the government-required standards.
     
  • There is rising demand for specialized tires that are required to withstand heavy-duty applications for use with larger wheel excavators. This trend is largely noticeable in construction or mining on an elaborate scale.
     
  • As smart tire technologies and digital tire monitoring systems are becoming more prevalent, operators are relieved from the stringent procedures of timing interventions by optimizing engine work and achieving hassle-free maintenance thus toying with operating expenses, construction efficiency, and overall equipment productivity.
     

Trump Administration Tariffs

  • The Trump administration set policies that have caused market unrest in the global tire supply chain, impacting both manufacturers and distributors within the European wheel excavator tire market.
     
  • European tire manufacturers could not absorb higher prices for the raw materials like steel reinforcements and advanced rubber compounds which are needed in the making of wheel excavator tires. This has led to reduced profit margins as well as a loss in the competitive market position.
     
  • The trade restrictions caused by impacted countries have further worsoned the already strained business relations and trade uncertainties in the fore European countries, which forced European manufacturers to rethink their procurement and pricing strategies.
     
  • Restrictions in the south have resulted in many European wheel excavator tire exporters facing difficulties in accessing the U.S. market, which has shifted the focus of these exporters to the European market and new emerging markets to recover these losses.
     

Europe Wheel Excavator Tire Market Analysis

Europe Wheel Excavator Tire Market Size, By Tire, 2022 – 2034, (USD Million)

Based on the tire, the market is segmented into radial, solid, bias, and others. In 2024, the radial segment was worth over USD 50 million and is expected to cross USD 300 million by 2034.
 

  • The superior performance characteristics of radial tires such as improved traction, fuel consumption, and tread life continue to dominate the wheel excavator tire market in Europe. The radial tires’ construction where the cord plies are situated at 90 degrees to the direction of travel yields greater rolling resistance, stability, and ease of movement, which is useful for wheel excavators navigating diverse terrains.  
     
  • Market competition with radial tires has been strengthened due to patentees focusing on improving heat dissipation and resistance from cuts, punctures, and overall durability. Such enhancements are vital to wheel excavators operating in tough construction and mining industrial environments.
     
  • Solid tires are more popular now for certain applications, especially for use in environments where puncture risks are high, like waste and recycling sites. While these tires are more expensive and provide a harsher ride than their pneumatic counterparts, they do eliminate the possibility of flat tires, maximizing uptime.
     
  • Bridgestone launched the 27.00R49 V-Steel Rock Deep Ultra (VRDU) aggregate tire at the Aggregate Academy & Expo/AGG1 in March 2025. The proprietary casing features MASTERCORE technology with a wide belt package and rubber compounds. This enhancement provides an additional 10 percent load capacity Bridgestone’s conventional tires. 
     
  • Bias tires retain strong market shares especially in lower priced use cases and areas. These type of tires are popular due to their sturdy sidewalls and high weight carrying capacity, making them appropriate for use in wheel excavators in areas where damaging the sidewall is a problem.

 

Europe Wheel Excavator Tire Market Share, By Sales Channel, 2024

Based on the sales channel, the market is divided into OEM and aftermarket. The aftermarket segment held a major market share of around 54% in 2024 and is expected to grow significantly over the coming years.
 

  • The aftermarket segment continues to lead in demand as operators look for cheaper alternatives and specialized tires for specific operating environments. This aftermarket segment is especially important in older wheel excavators, which may require a tire replacement, but do not necessarily need the latest OEM specifications. 
     
  • The aftermarket segment is responsible for older wheel excavators which may require a tire replacement but do not necessarily need the latest OEM specifications. 
     
  • The OEM segment is steadily growing due to an increase in partnerships between wheel excavator manufacturers and tire producers to create purpose-built performance and fuel efficiency optimizing tires. These partnerships guarantee that the original equipment tires are aligned with the company’s machinery and guarantee maximum performance and customer satisfaction. 
     
  • Particularly in the OEM and aftermarket segments, a growing focus on total cost of ownership is influencing purchasing decisions by changing the purchase price to initial costs as the lower price target associated fuels overall traction towards maintenance and servicing demands. The longevity of the tires, fuel consumption, and service expenses all have an effect on the primary and supplementary costs.
     

Based on tire size, the market is segmented into below 20 inches, 20-30 inches, and above 30 Inches. The 20-30 inches segment dominated the market and accounted for over USD 47 million in 2024.
 

  • Most standard wheel excavators, like the ones used in construction and infrastructural projects, are balanced in maneuverability and load-carrying capacity. This is why the 20 to 30 inch tires are so popular, as they meet every standard. The medium to large sized wheel excavators are well suited for this size, as they are extremely mobile and stable during operations.
     
  • The smaller tires are compact and primarily used in urban construction in confined and tight spaces. With urbanization, there's a greater demand for compact construction equipment, and thus, these smaller tires that go below the 20 inch mark are becoming more popular.
     
  • The larger sized tires that go above the 30 inch mark are needed for large wheel excavators, which are increasingly used for mining operations and major infrastructure projects. These larger tires are able to carry greater loads and provide much more stability, fulfilling all the requirements for heavy duty applications.
     
  • All manufacturers are looking into innovations across all categories. They are focused on increasing durability, traction, fuel efficiency, and the overall performance of the tire. The further the technology goes, the lower the operational costs will have to be.
     

Based on application, the market is segmented into construction and mining. The construction segment dominated the market and accounted for over USD 60 million in 2024.
 

  • Wheeled excavators remain in high demand as the construction industry continues to be the main operator for wheel excavator tires in Europe, due to the development of infrastructure and urban renewal in the region. Additionally, the new public works highway aids in the growth of metro construction which also boosts the demand for wheeled excavators. With these multiple projects in place, plus the Italian government investing $40 billion in transport infrastructure projects that are set to take place until 2030, the market is expected to flourish. 
     
  • Alongside these factors, the comprehensive urban redevelopment projects will likely require a considerable fleet of modern wheeled excavators. The extension of the metro and highway projects are also contributing to the new $90 billion investment the government is making on railway infrastructure between 2020 and 2030. 
     
  • The manufacturing segment has been profiting due to the need for raw materials, especially off metals vital to green energy innovation, leading to accelerated progress within the mining sector. This growth has opened more avenues for manufacturers of wheel excavator tires to design more specialized products tailored to the extreme mining environment. 

 

Germany Wheel Excavator Tire Market Size, 2022 -2034, (USD Million)

Western Europe dominated the Europe wheel excavator tire market with a major share of over 38% in 2024 and Germany leads the market in Western division and it is expected that sales in terms of shipment will go above 15,000 Units by 2034.
 

  • Germany has established a leading position in the market of wheels excavator tires owing to its powerful construction industry, manufacturing base and technological know-how. The country’s high construction and infrastructure undertakings fuel the continued need for advancements in quality, long-lasting tires. German manufacturers are leaders in research and development of new tire technologies that enhance performance while providing environmentally friendly solutions.
     
  • France’s construction industry is growing steadily due to the public sector’s urban infrastructure development initiatives. Eco-centric policies of the country aimed at steering towards sustainable construction are further boosting the demand for green tires that are non-polluting and perform to high levels.
     
  • The Dutch contractors working on extensive water management and land reclamation projects constitute a unique market niche for wheel excavator tires. Due to the specificity of their wet and marshy working environment, Dutch contractors often require tires which are innovatively designed with unique materials and designs to cope with these conditions.
     
  • For instance, in March 2025, Continental added the TeleMaster spy the TeleMaster V.ply pneumatic tire, designed together with JLG for added stability and comfort in telehandler use within the U.S. to the TeleMaster portfolio.
     

The UK wheel excavator tire market in Northern Europe is expected to experience significant and promising growth from 2025 to 2034.
 

  • The UK’s expanding investment in infrastructure renewal, including large undertakings like HS2 and other urban regeneration projects, is boosting the demand for wheel excavator tires. The focus given onto the development of transportation systems and urban amenities within the country is likely to support growth in the market through the entire forecast period.
     
  • Mining activities are on the rise in the Nordic region, especially in Sweden and Finland, creating a need for wheel excavator tires specifically built to withstand the harsh northern environment. These markets require tires with superior cold weather capabilities and rugged reliability in difficult cold climate terrain.
     
  • Tire manufacturers catering to Northern Europe are developing products specifically tailored to the unique demands of wheel excavator operations in this region, focusing on improving traction in wet and snow-covered surfaces.
     

The Spain wheel excavator tire market in the Southern Europe is anticipated to witness lucrative growth between 2025 and 2034.
 

  • Construction in Spain is recovering strongly due to urban renewal projects and development of tourism infrastructure. This recovery is fostering the need and demand for wheel excavator tires, especially in coastal areas where construction activities are most severe.
     
  • Italy wheel excavator infrastructure modernization simultaneously creates demand for the wheel excavator tire. Construction and related tire needs are likely to surge along the forecast period as extensive renovation to the aging infrastructure drive investment.
     
  • These tires are particularly useful in preventing extreme summer thermal damage during intense operation, which Southern European markets usually encounter.
     

The Poland wheel excavator tire market in Eastern Europe is expected to experience significant and promising growth from 2025 to 2034.
 

  • The growth of Poland’s economy and EU funding toward infrastructure projects are contributing to an increase in the wheel excavator tire market. Poland also has large earthmoving operations to meet the demand for industrials and transports, thus adding more excavator tires into the market.
     
  • Eastern European countries have attracted the use of modern construction techniques, this can be seen with the high demand in high-performance wheel excavator tires. Also, the adoption of Western European standards further propels the modernization of these economies.
     
  • Competition within Eastern European markets poses cheaper options for high-performance durable tires. There is great price sensitivity which will give easier access to those who can meet the demand.
     

Europe Wheel Excavator Tire Market Share

  • Top 7 companies of Europe wheel excavator tire industry are Michelin, Bridgestone, Continental, Yokohama Off-Highway Tires, Goodyear, Nokian Tyres, BKT, collectively hold around 80% of the market in 2024.
     
  • Michelin reinforces its competitive advantage through forward-looking novelties in tire technology, including the development of fuel-efficient and long-lasting solutions for wheel excavators. In 2024, Michelin furthered their reach by opening additional service centers in France and Germany, improving their capacity for mobile tire servicing and performance optimization for construction fleets across Europe.
     
  • Bridgestone leads the premium segment of the wheel excavator tire market with their VersaBuilt line which uses advanced rubber compounds yielding unrivaled durability and tread. Bridgestone also increased their market control with the development of integrated tire trackers which construction firms use to monitor tire performance and maintenance remotely to minimize downtime and maximize use.
     
  • Strategic alliances with major OEMs alongside tailored solutions for specific operational environments has enabled Continental to rapidly gain market share. The ContiEarth product line launched in March 2024 includes tires with intelligent components that surveil temperature, pressure, and tread depth to optimize performance while averting potential failures. In an effort to bolster their competitive position in specialized construction and mining applications, Continental also opened a dedicated off-highway tire R&D center in Germany.
     
  • Yokohama Off-Highway Tires has renewed its foothold in Europe by launching the Alliance 590 series designed for wheel excavators working in mixed terrain. In 2023, the company expanded its distribution network by 30% in Eastern Europe, concentrating on developing regions such as Poland and Romania.
     
  • Goodyear now serves as a primary dealer and directly sells to wheel excavator operators throughout Europe. Goodyear has also partnered with large rental companies in Western Europe and supplies them with specially tailored tires designed for peak short-term use associated with the rental market.
     
  • Nokian Tyres focuses on developing tires specially designed for exceptionally cold weather. These tires have helped the company gain a foothold in the northern part of the region which is highly important for construction work throughout the year.
     

Europe Wheel Excavator Tire Market Companies

Major players operating in the Europe wheel excavator tire industry include:

  • Apollo Tyres
  • BKT
  • Bridgestone
  • Continental
  • Goodyear
  • Michelin
  • Mitas
  • Nokian Tyres
  • Trelleborg Wheel Systems
  • Yokohama Off-Highway Tires
     

To address changes in Europe’s wheel excavator market, leading companies are prioritizing development in technology. Innovations in tire technology are centered on new, more durable rubber compounds that increase traction, new designs for reinforced sidewalls that increase resistance to puncture, and specific tread design for specialized operating conditions.
 

Manufacturers are actively working toward an industry standard that integrates sustainability into the entire value chain. This includes eco-sensitive manufacturing steps along with sustainable production of the tires themselves, thus integrating reduced ecological footprint into their business model. This model is in compliance with European sustainable business frameworks and responds to the growing call for fairness in business across the construction and mining value chains.
 

Europe Wheel Excavator Tire Industry News

  • In August 2024, Yokohama Off-Highway Tires (YOHT), the parent company of ATG, released the Galaxy Giraffe ND Severe-Duty Solid Tire, which is specifically designed for telehandlers. Its solid construction is completely puncture proof and it also features a non directional block pattern, which improves ride comfort as well as traction.
     
  • In March 2024, Trelleborg tires strengthens material handling applications with the introduction of premium full tire range at LogiMAT 2024. For high intensity applications, The Trelleborg XP900 tire offers unparalleled stability and maneuverability during the loading and unloading of goods in warehouses, factories, etc. It boasts long lasting eco friendly rubber compounds developed from specially tested raw materials proven to lower CO2 emissions.
     
  • In March 2024, MAXAM extended its underground mining line with the E4/L4 MS405 and MS406 for articulated dump trucks which boast 60% increased load capacity. According to the company, the MS405 is one of MAXAM's flagship OTR solutions and has recently undergone extensive research and testing.
     
  • In April 2023, BKT introduced the MULTIFORCE BK T91, its first industrial rubber track for Compact Track Loaders (CTL), specially designed for durability and efficacy in working with materials.
     

The Europe wheel excavator tire market research report includes in-depth coverage of the industry with estimates & forecasts in terms of revenue ($Mn/Bn) abd shipment (Units) from 2021 to 2034, for the following segments:

Market, By Tire

  • Radial
  • Solid
  • Bias
  • Others

Market, By Tire Size

  • Below 20 inches
  • 20-30 inches
  • Above 30 inches

Market, By Sales Channel

  • OEM
  • Aftermarket

Market, By Application

  • Construction
  • Mining

The above information is provided for the following regional divisions and countries:

  • Western Europe
    • Germany
    • Austria
    • France
    • Switzerland
    • Belgium
    • Luxembourg
    • Netherlands
    • Portugal
  • Eastern Europe
    • Poland
    • Romania
    • Czech Republic
    • Slovenia
    • Hungary
    • Bulgaria
  • Northern Europe
    • UK
    • Denmark
    • Sweden
    • Finland
    • Norway
  • Southern Europe
    • Italy
    • Spain
    • Greece

 

Authors: Preeti Wadhwani, Satyam Jaiswal
Frequently Asked Question(FAQ) :
Who are the key players in Europe wheel excavator tire market?
Some of the major players in the Europe wheel excavator tire industry include Apollo Tyres, BKT, Bridgestone, Continental, Goodyear, Michelin, Mitas, Nokian Tyres, Trelleborg Wheel Systems, Yokohama Off-Highway Tires.
How big is the Europe wheel excavator tire market?
What will be the size of radial segment in the Europe wheel excavator tire industry?
How much wheel excavator tire market share captured by Western Europe in 2024?
Europe Wheel Excavator Tire Market Scope
  • Europe Wheel Excavator Tire Market Size
  • Europe Wheel Excavator Tire Market Trends
  • Europe Wheel Excavator Tire Market Analysis
  • Europe Wheel Excavator Tire Market Share
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    Base Year: 2024

    Companies covered: 20

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