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Green Tire-Global Market Insights and Sales Trends 2024
Synopsis
This report studies the Green Tire market; green tire means the tires used a whole new breed of environmentally friendly rubber. .Green tire technology focuses on the fuel efficiency bit. These eco-friendly tires also employ a special type of tightly bonded rubber in the tread blocks to retain more energy while driving – this means a lower rolling resistance and therefore less engine power sapped in rotating the tire. Rolling resistance of a tire can account for as much as 30% of a vehicle’s fuel consumption and a quarter of its CO2 emissions.
The global Green Tire market size is expected to reach US$ 203850 million by 2029, growing at a CAGR of 10.7% from 2023 to 2029. The market is mainly driven by the significant applications of Green Tire in various end use industries. The expanding demands from the Passenger Vehicle, Light Commercial Vehicle and Heavy Commercial Vehicle,, are propelling Green Tire market. All-Steel Tire, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Semi-Steel Tire segment is estimated at % CAGR for the next seven-year period.
Global Green Tire key players include Michelin, Bridgestone, Continental, Pirelli, Goodyear, etc. Global top five manufacturers hold a share about 50%. Europe is the largest market, with a share about 40%, followed by China, with a share about 25 percent. In terms of product, Semi-Steel Tire is the largest segment, with a share about 80%. And in terms of application, the largest application is Passenger Vehicle, followed by Light Commercial Vehicle, Heavy Commercial Vehicle.
Report Objectives
This report provides market insight on the different segments, by manufacturers, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Green Tire, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Green Tire market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Green Tire market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Green Tire sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Green Tire covered in this report include Michelin, Bridgestone, Continental, Pirelli, Goodyear, Shanghai Huayi, Sumitomo Rubber Industries, ZC Rubber and Yokohama, etc.
The global Green Tire market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
Michelin
Bridgestone
Continental
Pirelli
Goodyear
Shanghai Huayi
Sumitomo Rubber Industries
ZC Rubber
Yokohama
Nokian Tyres
Hankook
Maxxis
Triangle
Global Green Tire market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Green Tire market, Segment by Type:
All-Steel Tire
Semi-Steel Tire
Global Green Tire market, by Application
Passenger Vehicle
Light Commercial Vehicle
Heavy Commercial Vehicle
Core Chapters
Chapter One: Introduces the study scope of this report, executive summary of market segments by Type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Two: Detailed analysis of Green Tire manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of Green Tire in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter Four: Introduces market segments by Application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Five, Six, Seven, Eight and Nine: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.
Chapter Ten: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter Eleven: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics. Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Analysis of sales channel, distributors and customers.
Chapter Thirteen: Research Findings and Conclusion.
This report studies the Green Tire market; green tire means the tires used a whole new breed of environmentally friendly rubber. .Green tire technology focuses on the fuel efficiency bit. These eco-friendly tires also employ a special type of tightly bonded rubber in the tread blocks to retain more energy while driving – this means a lower rolling resistance and therefore less engine power sapped in rotating the tire. Rolling resistance of a tire can account for as much as 30% of a vehicle’s fuel consumption and a quarter of its CO2 emissions.
The global Green Tire market size is expected to reach US$ 203850 million by 2029, growing at a CAGR of 10.7% from 2023 to 2029. The market is mainly driven by the significant applications of Green Tire in various end use industries. The expanding demands from the Passenger Vehicle, Light Commercial Vehicle and Heavy Commercial Vehicle,, are propelling Green Tire market. All-Steel Tire, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Semi-Steel Tire segment is estimated at % CAGR for the next seven-year period.
Global Green Tire key players include Michelin, Bridgestone, Continental, Pirelli, Goodyear, etc. Global top five manufacturers hold a share about 50%. Europe is the largest market, with a share about 40%, followed by China, with a share about 25 percent. In terms of product, Semi-Steel Tire is the largest segment, with a share about 80%. And in terms of application, the largest application is Passenger Vehicle, followed by Light Commercial Vehicle, Heavy Commercial Vehicle.
Report Objectives
This report provides market insight on the different segments, by manufacturers, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Green Tire, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Green Tire market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Green Tire market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Green Tire sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Green Tire covered in this report include Michelin, Bridgestone, Continental, Pirelli, Goodyear, Shanghai Huayi, Sumitomo Rubber Industries, ZC Rubber and Yokohama, etc.
The global Green Tire market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
Michelin
Bridgestone
Continental
Pirelli
Goodyear
Shanghai Huayi
Sumitomo Rubber Industries
ZC Rubber
Yokohama
Nokian Tyres
Hankook
Maxxis
Triangle
Global Green Tire market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Green Tire market, Segment by Type:
All-Steel Tire
Semi-Steel Tire
Global Green Tire market, by Application
Passenger Vehicle
Light Commercial Vehicle
Heavy Commercial Vehicle
Core Chapters
Chapter One: Introduces the study scope of this report, executive summary of market segments by Type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Two: Detailed analysis of Green Tire manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of Green Tire in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter Four: Introduces market segments by Application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Five, Six, Seven, Eight and Nine: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.
Chapter Ten: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter Eleven: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics. Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Analysis of sales channel, distributors and customers.
Chapter Thirteen: Research Findings and Conclusion.
Index1 Green Tire Market Overview
1.1 Green Tire Product Overview
1.2 Green Tire Market Segment by Type
1.2.1 All-Steel Tire
1.2.2 Semi-Steel Tire
1.3 Global Green Tire Market Size by Type
1.3.1 Global Green Tire Market Size Overview by Type (2018-2029)
1.3.2 Global Green Tire Historic Market Size Review by Type (2018-2023)
1.3.3 Global Green Tire Forecasted Market Size by Type (2024-2029)
1.4 Key Regions Market Size Segment by Type
1.4.1 North America Green Tire Sales Breakdown by Type (2018-2023)
1.4.2 Europe Green Tire Sales Breakdown by Type (2018-2023)
1.4.3 Asia-Pacific Green Tire Sales Breakdown by Type (2018-2023)
1.4.4 Latin America Green Tire Sales Breakdown by Type (2018-2023)
1.4.5 Middle East and Africa Green Tire Sales Breakdown by Type (2018-2023)
2 Global Green Tire Market Competition by Company
2.1 Global Top Players by Green Tire Sales (2018-2023)
2.2 Global Top Players by Green Tire Revenue (2018-2023)
2.3 Global Top Players by Green Tire Price (2018-2023)
2.4 Global Top Manufacturers Green Tire Manufacturing Base Distribution, Sales Area, Product Type
2.5 Green Tire Market Competitive Situation and Trends
2.5.1 Green Tire Market Concentration Rate (2018-2023)
2.5.2 Global 5 and 10 Largest Manufacturers by Green Tire Sales and Revenue in 2022
2.6 Global Top Manufacturers by Company Type (Tier 1, Tier 2 and Tier 3) & (based on the Revenue in Green Tire as of 2022)
2.7 Date of Key Manufacturers Enter into Green Tire Market
2.8 Key Manufacturers Green Tire Product Offered
2.9 Mergers & Acquisitions, Expansion
3 Green Tire Status and Outlook by Region
3.1 Global Green Tire Market Size and CAGR by Region: 2018 VS 2022 VS 2029
3.2 Global Green Tire Historic Market Size by Region
3.2.1 Global Green Tire Sales in Volume by Region (2018-2023)
3.2.2 Global Green Tire Sales in Value by Region (2018-2023)
3.2.3 Global Green Tire Sales (Volume & Value) Price and Gross Margin (2018-2023)
3.3 Global Green Tire Forecasted Market Size by Region
3.3.1 Global Green Tire Sales in Volume by Region (2024-2029)
3.3.2 Global Green Tire Sales in Value by Region (2024-2029)
3.3.3 Global Green Tire Sales (Volume & Value), Price and Gross Margin (2024-2029)
4 Global Green Tire by Application
4.1 Green Tire Market Segment by Application
4.1.1 Passenger Vehicle
4.1.2 Light Commercial Vehicle
4.1.3 Heavy Commercial Vehicle
4.2 Global Green Tire Market Size by Application
4.2.1 Global Green Tire Market Size Overview by Application (2018-2029)
4.2.2 Global Green Tire Historic Market Size Review by Application (2018-2023)
4.2.3 Global Green Tire Forecasted Market Size by Application (2024-2029)
4.3 Key Regions Market Size Segment by Application
4.3.1 North America Green Tire Sales Breakdown by Application (2018-2023)
4.3.2 Europe Green Tire Sales Breakdown by Application (2018-2023)
4.3.3 Asia-Pacific Green Tire Sales Breakdown by Application (2018-2023)
4.3.4 Latin America Green Tire Sales Breakdown by Application (2018-2023)
4.3.5 Middle East and Africa Green Tire Sales Breakdown by Application (2018-2023)
5 North America Green Tire by Country
5.1 North America Green Tire Historic Market Size by Country
5.1.1 North America Green Tire Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
5.1.2 North America Green Tire Sales in Volume by Country (2018-2023)
5.1.3 North America Green Tire Sales in Value by Country (2018-2023)
5.2 North America Green Tire Forecasted Market Size by Country
5.2.1 North America Green Tire Sales in Volume by Country (2024-2029)
5.2.2 North America Green Tire Sales in Value by Country (2024-2029)
6 Europe Green Tire by Country
6.1 Europe Green Tire Historic Market Size by Country
6.1.1 Europe Green Tire Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
6.1.2 Europe Green Tire Sales in Volume by Country (2018-2023)
6.1.3 Europe Green Tire Sales in Value by Country (2018-2023)
6.2 Europe Green Tire Forecasted Market Size by Country
6.2.1 Europe Green Tire Sales in Volume by Country (2024-2029)
6.2.2 Europe Green Tire Sales in Value by Country (2024-2029)
7 Asia-Pacific Green Tire by Region
7.1 Asia-Pacific Green Tire Historic Market Size by Region
7.1.1 Asia-Pacific Green Tire Market Size Growth Rate (CAGR) by Region: 2018 VS 2022 VS 2029
7.1.2 Asia-Pacific Green Tire Sales in Volume by Region (2018-2023)
7.1.3 Asia-Pacific Green Tire Sales in Value by Region (2018-2023)
7.2 Asia-Pacific Green Tire Forecasted Market Size by Region
7.2.1 Asia-Pacific Green Tire Sales in Volume by Region (2024-2029)
7.2.2 Asia-Pacific Green Tire Sales in Value by Region (2024-2029)
8 Latin America Green Tire by Country
8.1 Latin America Green Tire Historic Market Size by Country
8.1.1 Latin America Green Tire Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
8.1.2 Latin America Green Tire Sales in Volume by Country (2018-2023)
8.1.3 Latin America Green Tire Sales in Value by Country (2018-2023)
8.2 Latin America Green Tire Forecasted Market Size by Country
8.2.1 Latin America Green Tire Sales in Volume by Country (2024-2029)
8.2.2 Latin America Green Tire Sales in Value by Country (2024-2029)
9 Middle East and Africa Green Tire by Country
9.1 Middle East and Africa Green Tire Historic Market Size by Country
9.1.1 Middle East and Africa Green Tire Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
9.1.2 Middle East and Africa Green Tire Sales in Volume by Country (2018-2023)
9.1.3 Middle East and Africa Green Tire Sales in Value by Country (2018-2023)
9.2 Middle East and Africa Green Tire Forecasted Market Size by Country
9.2.1 Middle East and Africa Green Tire Sales in Volume by Country (2024-2029)
9.2.2 Middle East and Africa Green Tire Sales in Value by Country (2024-2029)
10 Company Profiles
10.1 Michelin
10.1.1 Michelin Company Information
10.1.2 Michelin Introduction and Business Overview
10.1.3 Michelin Green Tire Sales, Revenue and Gross Margin (2018-2023)
10.1.4 Michelin Green Tire Products Offered
10.1.5 Michelin Recent Development
10.2 Bridgestone
10.2.1 Bridgestone Company Information
10.2.2 Bridgestone Introduction and Business Overview
10.2.3 Bridgestone Green Tire Sales, Revenue and Gross Margin (2018-2023)
10.2.4 Bridgestone Green Tire Products Offered
10.2.5 Bridgestone Recent Development
10.3 Continental
10.3.1 Continental Company Information
10.3.2 Continental Introduction and Business Overview
10.3.3 Continental Green Tire Sales, Revenue and Gross Margin (2018-2023)
10.3.4 Continental Green Tire Products Offered
10.3.5 Continental Recent Development
10.4 Pirelli
10.4.1 Pirelli Company Information
10.4.2 Pirelli Introduction and Business Overview
10.4.3 Pirelli Green Tire Sales, Revenue and Gross Margin (2018-2023)
10.4.4 Pirelli Green Tire Products Offered
10.4.5 Pirelli Recent Development
10.5 Goodyear
10.5.1 Goodyear Company Information
10.5.2 Goodyear Introduction and Business Overview
10.5.3 Goodyear Green Tire Sales, Revenue and Gross Margin (2018-2023)
10.5.4 Goodyear Green Tire Products Offered
10.5.5 Goodyear Recent Development
10.6 Shanghai Huayi
10.6.1 Shanghai Huayi Company Information
10.6.2 Shanghai Huayi Introduction and Business Overview
10.6.3 Shanghai Huayi Green Tire Sales, Revenue and Gross Margin (2018-2023)
10.6.4 Shanghai Huayi Green Tire Products Offered
10.6.5 Shanghai Huayi Recent Development
10.7 Sumitomo Rubber Industries
10.7.1 Sumitomo Rubber Industries Company Information
10.7.2 Sumitomo Rubber Industries Introduction and Business Overview
10.7.3 Sumitomo Rubber Industries Green Tire Sales, Revenue and Gross Margin (2018-2023)
10.7.4 Sumitomo Rubber Industries Green Tire Products Offered
10.7.5 Sumitomo Rubber Industries Recent Development
10.8 ZC Rubber
10.8.1 ZC Rubber Company Information
10.8.2 ZC Rubber Introduction and Business Overview
10.8.3 ZC Rubber Green Tire Sales, Revenue and Gross Margin (2018-2023)
10.8.4 ZC Rubber Green Tire Products Offered
10.8.5 ZC Rubber Recent Development
10.9 Yokohama
10.9.1 Yokohama Company Information
10.9.2 Yokohama Introduction and Business Overview
10.9.3 Yokohama Green Tire Sales, Revenue and Gross Margin (2018-2023)
10.9.4 Yokohama Green Tire Products Offered
10.9.5 Yokohama Recent Development
10.10 Nokian Tyres
10.10.1 Nokian Tyres Company Information
10.10.2 Nokian Tyres Introduction and Business Overview
10.10.3 Nokian Tyres Green Tire Sales, Revenue and Gross Margin (2018-2023)
10.10.4 Nokian Tyres Green Tire Products Offered
10.10.5 Nokian Tyres Recent Development
10.11 Hankook
10.11.1 Hankook Company Information
10.11.2 Hankook Introduction and Business Overview
10.11.3 Hankook Green Tire Sales, Revenue and Gross Margin (2018-2023)
10.11.4 Hankook Green Tire Products Offered
10.11.5 Hankook Recent Development
10.12 Maxxis
10.12.1 Maxxis Company Information
10.12.2 Maxxis Introduction and Business Overview
10.12.3 Maxxis Green Tire Sales, Revenue and Gross Margin (2018-2023)
10.12.4 Maxxis Green Tire Products Offered
10.12.5 Maxxis Recent Development
10.13 Triangle
10.13.1 Triangle Company Information
10.13.2 Triangle Introduction and Business Overview
10.13.3 Triangle Green Tire Sales, Revenue and Gross Margin (2018-2023)
10.13.4 Triangle Green Tire Products Offered
10.13.5 Triangle Recent Development
11 Upstream, Opportunities, Challenges, Risks and Influences Factors Analysis
11.1 Green Tire Key Raw Materials
11.1.1 Key Raw Materials
11.1.2 Key Raw Materials Price
11.1.3 Raw Materials Key Suppliers
11.2 Manufacturing Cost Structure
11.2.1 Raw Materials
11.2.2 Labor Cost
11.2.3 Manufacturing Expenses
11.3 Green Tire Industrial Chain Analysis
11.4 Green Tire Market Dynamics
11.4.1 Green Tire Industry Trends
11.4.2 Green Tire Market Drivers
11.4.3 Green Tire Market Challenges
11.4.4 Green Tire Market Restraints
12 Market Strategy Analysis, Distributors
12.1 Sales Channel
12.2 Green Tire Distributors
12.3 Green Tire Downstream Customers
13 Research Findings and Conclusion
14 Appendix
14.1 Research Methodology
14.1.1 Methodology/Research Approach
14.1.2 Data Source
14.2 Author Details
14.3 Disclaimer
Published By : QY Research
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