Market Share of Europe Aircraft Tires Industry
The European aircraft tires market is semi-consolidated. Some of the prominent companies in the European aircraft tires market are Bridgestone Corporation, Michelin Group, Goodyear Tire and Rubber Company, Specialty Tires of America Inc., and Dunlop Aircraft Tyres Limited.
In the commercial and military segments, Michelin Group and Goodyear Tire and Rubber Company are the major players in the market. These companies are investing heavily in the R&D of advanced products and technologies that may be used in the current and upcoming aircraft.
Tire manufacturing companies and aircraft OEMs generally favor long-term contracts. For instance, in 2021, Dunlop Aircraft Tyres, a tire-manufacturing company in Birmingham, England, announced its collaboration with Faradair on the development of a new, more sustainable aircraft tire as part of the UK's commitment to achieving net zero emissions.
Europe Aircraft Tires Market Leaders
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Goodyear Tire and Rubber Company
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Specialty Tires of America Inc.
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Dunlop Aircraft Tyres Limited
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Bridgestone Corporation
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Michelin Group
*Disclaimer: Major Players sorted in no particular order
