Crane Tires Market to Hit $3.63B by 2035 on Infrastructure, Wind Boom
Middletown, Del. – – October 07, 2026 -- The global crane tires market is projected to climb from USD 2.31 billion in 2025 to USD 3.63 billion by 2035, a 4.56% compound annual growth rate, according to a 257-page study from Radial Insights. Asia-Pacific already commands 41.62% of 2025 demand, driven by construction and energy programs across China, India and Southeast Asia.
Infrastructure spending expands the mobile crane installed base
World Bank data cited in the study show private participation in infrastructure investment reached USD 100.7 billion in 2024, up 16% from 2023, while U.S. construction activity hit a seasonally adjusted annual rate of USD 2.192 trillion in December 2024. In Great Britain, new work output rose 1.4% to a record GBP 140.7 billion in 2024, with private infrastructure orders up 15.4%.