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Low Rolling Resistance Tires (LRRT)-Global Market Insights and Sales Trends 2025

Low Rolling Resistance Tires (LRRT)-Global Market Insights and Sales Trends 2025

Publishing Date : Mar, 2025

License Type :
 

Report Code : 1844007

No of Pages : 115

Synopsis
The global Low Rolling Resistance Tires (LRRT) market size is expected to reach US$ 28570 million by 2029, growing at a CAGR of 14.9% from 2023 to 2029. The market is mainly driven by the significant applications of Low Rolling Resistance Tires (LRRT) in various end use industries. The expanding demands from the Passenger Cars, LCVs and Others,, are propelling Low Rolling Resistance Tires (LRRT) 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.
In 2022, global tire sales reached 1.749 billion units, of which the three major markets of Europe, North America and China will collectively sell 1.14 billion units, accounting for 65% of the total. China is the world's largest tire producer and exporter. Among the top 75 tire companies in 2022 released by Tire Business, 34 are Chinese companies (including 5 from Taiwan), with a total sale of approximately US$ 34.5 billion, accounting for approximately 19.42% of the total global sales. According to data from the National Bureau of Statistics, by the end of December 2022, the output of rubber tire casings in China was about 856 million. According to the data of the General Administration of Customs, in 2022, the cumulative export volume of rubber tires in China was 7.65 million tons, a year-on-year increase of 4.7%; the export value was ¥131.418 billion, an increase of 16%; the trade surplus was 103.709 billion yuan, an increase of ¥15.89 billion.
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 Low Rolling Resistance Tires (LRRT), 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 Low Rolling Resistance Tires (LRRT) 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 Low Rolling Resistance Tires (LRRT) market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Low Rolling Resistance Tires (LRRT) 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 Low Rolling Resistance Tires (LRRT) covered in this report include Michelin, Bridgestone, Continental, Pirelli, Goodyear, Shanghai Huayi, Sumitomo Rubber Industries, ZC Rubber and Yokohama, etc.
The global Low Rolling Resistance Tires (LRRT) 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 Group
Sailun Tires
Shandong Linglong Tire Co., Ltd
Global Low Rolling Resistance Tires (LRRT) 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 Low Rolling Resistance Tires (LRRT) market, Segment by Type:
All-Steel Tire
Semi-Steel Tire
Global Low Rolling Resistance Tires (LRRT) market, by Application
Passenger Cars
LCVs
Others
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 Low Rolling Resistance Tires (LRRT) manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of Low Rolling Resistance Tires (LRRT) 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.
Index
1 Low Rolling Resistance Tires (LRRT) Market Overview
1.1 Low Rolling Resistance Tires (LRRT) Product Overview
1.2 Low Rolling Resistance Tires (LRRT) Market Segment by Type
1.2.1 All-Steel Tire
1.2.2 Semi-Steel Tire
1.3 Global Low Rolling Resistance Tires (LRRT) Market Size by Type
1.3.1 Global Low Rolling Resistance Tires (LRRT) Market Size Overview by Type (2018-2029)
1.3.2 Global Low Rolling Resistance Tires (LRRT) Historic Market Size Review by Type (2018-2023)
1.3.3 Global Low Rolling Resistance Tires (LRRT) Forecasted Market Size by Type (2024-2029)
1.4 Key Regions Market Size Segment by Type
1.4.1 North America Low Rolling Resistance Tires (LRRT) Sales Breakdown by Type (2018-2023)
1.4.2 Europe Low Rolling Resistance Tires (LRRT) Sales Breakdown by Type (2018-2023)
1.4.3 Asia-Pacific Low Rolling Resistance Tires (LRRT) Sales Breakdown by Type (2018-2023)
1.4.4 Latin America Low Rolling Resistance Tires (LRRT) Sales Breakdown by Type (2018-2023)
1.4.5 Middle East and Africa Low Rolling Resistance Tires (LRRT) Sales Breakdown by Type (2018-2023)
2 Global Low Rolling Resistance Tires (LRRT) Market Competition by Company
2.1 Global Top Players by Low Rolling Resistance Tires (LRRT) Sales (2018-2023)
2.2 Global Top Players by Low Rolling Resistance Tires (LRRT) Revenue (2018-2023)
2.3 Global Top Players by Low Rolling Resistance Tires (LRRT) Price (2018-2023)
2.4 Global Top Manufacturers Low Rolling Resistance Tires (LRRT) Manufacturing Base Distribution, Sales Area, Product Type
2.5 Low Rolling Resistance Tires (LRRT) Market Competitive Situation and Trends
2.5.1 Low Rolling Resistance Tires (LRRT) Market Concentration Rate (2018-2023)
2.5.2 Global 5 and 10 Largest Manufacturers by Low Rolling Resistance Tires (LRRT) 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 Low Rolling Resistance Tires (LRRT) as of 2022)
2.7 Date of Key Manufacturers Enter into Low Rolling Resistance Tires (LRRT) Market
2.8 Key Manufacturers Low Rolling Resistance Tires (LRRT) Product Offered
2.9 Mergers & Acquisitions, Expansion
3 Low Rolling Resistance Tires (LRRT) Status and Outlook by Region
3.1 Global Low Rolling Resistance Tires (LRRT) Market Size and CAGR by Region: 2018 VS 2022 VS 2029
3.2 Global Low Rolling Resistance Tires (LRRT) Historic Market Size by Region
3.2.1 Global Low Rolling Resistance Tires (LRRT) Sales in Volume by Region (2018-2023)
3.2.2 Global Low Rolling Resistance Tires (LRRT) Sales in Value by Region (2018-2023)
3.2.3 Global Low Rolling Resistance Tires (LRRT) Sales (Volume & Value) Price and Gross Margin (2018-2023)
3.3 Global Low Rolling Resistance Tires (LRRT) Forecasted Market Size by Region
3.3.1 Global Low Rolling Resistance Tires (LRRT) Sales in Volume by Region (2024-2029)
3.3.2 Global Low Rolling Resistance Tires (LRRT) Sales in Value by Region (2024-2029)
3.3.3 Global Low Rolling Resistance Tires (LRRT) Sales (Volume & Value), Price and Gross Margin (2024-2029)
4 Global Low Rolling Resistance Tires (LRRT) by Application
4.1 Low Rolling Resistance Tires (LRRT) Market Segment by Application
4.1.1 Passenger Cars
4.1.2 LCVs
4.1.3 Others
4.2 Global Low Rolling Resistance Tires (LRRT) Market Size by Application
4.2.1 Global Low Rolling Resistance Tires (LRRT) Market Size Overview by Application (2018-2029)
4.2.2 Global Low Rolling Resistance Tires (LRRT) Historic Market Size Review by Application (2018-2023)
4.2.3 Global Low Rolling Resistance Tires (LRRT) Forecasted Market Size by Application (2024-2029)
4.3 Key Regions Market Size Segment by Application
4.3.1 North America Low Rolling Resistance Tires (LRRT) Sales Breakdown by Application (2018-2023)
4.3.2 Europe Low Rolling Resistance Tires (LRRT) Sales Breakdown by Application (2018-2023)
4.3.3 Asia-Pacific Low Rolling Resistance Tires (LRRT) Sales Breakdown by Application (2018-2023)
4.3.4 Latin America Low Rolling Resistance Tires (LRRT) Sales Breakdown by Application (2018-2023)
4.3.5 Middle East and Africa Low Rolling Resistance Tires (LRRT) Sales Breakdown by Application (2018-2023)
5 North America Low Rolling Resistance Tires (LRRT) by Country
5.1 North America Low Rolling Resistance Tires (LRRT) Historic Market Size by Country
5.1.1 North America Low Rolling Resistance Tires (LRRT) Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
5.1.2 North America Low Rolling Resistance Tires (LRRT) Sales in Volume by Country (2018-2023)
5.1.3 North America Low Rolling Resistance Tires (LRRT) Sales in Value by Country (2018-2023)
5.2 North America Low Rolling Resistance Tires (LRRT) Forecasted Market Size by Country
5.2.1 North America Low Rolling Resistance Tires (LRRT) Sales in Volume by Country (2024-2029)
5.2.2 North America Low Rolling Resistance Tires (LRRT) Sales in Value by Country (2024-2029)
6 Europe Low Rolling Resistance Tires (LRRT) by Country
6.1 Europe Low Rolling Resistance Tires (LRRT) Historic Market Size by Country
6.1.1 Europe Low Rolling Resistance Tires (LRRT) Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
6.1.2 Europe Low Rolling Resistance Tires (LRRT) Sales in Volume by Country (2018-2023)
6.1.3 Europe Low Rolling Resistance Tires (LRRT) Sales in Value by Country (2018-2023)
6.2 Europe Low Rolling Resistance Tires (LRRT) Forecasted Market Size by Country
6.2.1 Europe Low Rolling Resistance Tires (LRRT) Sales in Volume by Country (2024-2029)
6.2.2 Europe Low Rolling Resistance Tires (LRRT) Sales in Value by Country (2024-2029)
7 Asia-Pacific Low Rolling Resistance Tires (LRRT) by Region
7.1 Asia-Pacific Low Rolling Resistance Tires (LRRT) Historic Market Size by Region
7.1.1 Asia-Pacific Low Rolling Resistance Tires (LRRT) Market Size Growth Rate (CAGR) by Region: 2018 VS 2022 VS 2029
7.1.2 Asia-Pacific Low Rolling Resistance Tires (LRRT) Sales in Volume by Region (2018-2023)
7.1.3 Asia-Pacific Low Rolling Resistance Tires (LRRT) Sales in Value by Region (2018-2023)
7.2 Asia-Pacific Low Rolling Resistance Tires (LRRT) Forecasted Market Size by Region
7.2.1 Asia-Pacific Low Rolling Resistance Tires (LRRT) Sales in Volume by Region (2024-2029)
7.2.2 Asia-Pacific Low Rolling Resistance Tires (LRRT) Sales in Value by Region (2024-2029)
8 Latin America Low Rolling Resistance Tires (LRRT) by Country
8.1 Latin America Low Rolling Resistance Tires (LRRT) Historic Market Size by Country
8.1.1 Latin America Low Rolling Resistance Tires (LRRT) Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
8.1.2 Latin America Low Rolling Resistance Tires (LRRT) Sales in Volume by Country (2018-2023)
8.1.3 Latin America Low Rolling Resistance Tires (LRRT) Sales in Value by Country (2018-2023)
8.2 Latin America Low Rolling Resistance Tires (LRRT) Forecasted Market Size by Country
8.2.1 Latin America Low Rolling Resistance Tires (LRRT) Sales in Volume by Country (2024-2029)
8.2.2 Latin America Low Rolling Resistance Tires (LRRT) Sales in Value by Country (2024-2029)
9 Middle East and Africa Low Rolling Resistance Tires (LRRT) by Country
9.1 Middle East and Africa Low Rolling Resistance Tires (LRRT) Historic Market Size by Country
9.1.1 Middle East and Africa Low Rolling Resistance Tires (LRRT) Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
9.1.2 Middle East and Africa Low Rolling Resistance Tires (LRRT) Sales in Volume by Country (2018-2023)
9.1.3 Middle East and Africa Low Rolling Resistance Tires (LRRT) Sales in Value by Country (2018-2023)
9.2 Middle East and Africa Low Rolling Resistance Tires (LRRT) Forecasted Market Size by Country
9.2.1 Middle East and Africa Low Rolling Resistance Tires (LRRT) Sales in Volume by Country (2024-2029)
9.2.2 Middle East and Africa Low Rolling Resistance Tires (LRRT) 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 Low Rolling Resistance Tires (LRRT) Sales, Revenue and Gross Margin (2018-2023)
10.1.4 Michelin Low Rolling Resistance Tires (LRRT) 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 Low Rolling Resistance Tires (LRRT) Sales, Revenue and Gross Margin (2018-2023)
10.2.4 Bridgestone Low Rolling Resistance Tires (LRRT) 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 Low Rolling Resistance Tires (LRRT) Sales, Revenue and Gross Margin (2018-2023)
10.3.4 Continental Low Rolling Resistance Tires (LRRT) 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 Low Rolling Resistance Tires (LRRT) Sales, Revenue and Gross Margin (2018-2023)
10.4.4 Pirelli Low Rolling Resistance Tires (LRRT) 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 Low Rolling Resistance Tires (LRRT) Sales, Revenue and Gross Margin (2018-2023)
10.5.4 Goodyear Low Rolling Resistance Tires (LRRT) 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 Low Rolling Resistance Tires (LRRT) Sales, Revenue and Gross Margin (2018-2023)
10.6.4 Shanghai Huayi Low Rolling Resistance Tires (LRRT) 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 Low Rolling Resistance Tires (LRRT) Sales, Revenue and Gross Margin (2018-2023)
10.7.4 Sumitomo Rubber Industries Low Rolling Resistance Tires (LRRT) 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 Low Rolling Resistance Tires (LRRT) Sales, Revenue and Gross Margin (2018-2023)
10.8.4 ZC Rubber Low Rolling Resistance Tires (LRRT) 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 Low Rolling Resistance Tires (LRRT) Sales, Revenue and Gross Margin (2018-2023)
10.9.4 Yokohama Low Rolling Resistance Tires (LRRT) 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 Low Rolling Resistance Tires (LRRT) Sales, Revenue and Gross Margin (2018-2023)
10.10.4 Nokian Tyres Low Rolling Resistance Tires (LRRT) 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 Low Rolling Resistance Tires (LRRT) Sales, Revenue and Gross Margin (2018-2023)
10.11.4 Hankook Low Rolling Resistance Tires (LRRT) 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 Low Rolling Resistance Tires (LRRT) Sales, Revenue and Gross Margin (2018-2023)
10.12.4 Maxxis Low Rolling Resistance Tires (LRRT) Products Offered
10.12.5 Maxxis Recent Development
10.13 Triangle Group
10.13.1 Triangle Group Company Information
10.13.2 Triangle Group Introduction and Business Overview
10.13.3 Triangle Group Low Rolling Resistance Tires (LRRT) Sales, Revenue and Gross Margin (2018-2023)
10.13.4 Triangle Group Low Rolling Resistance Tires (LRRT) Products Offered
10.13.5 Triangle Group Recent Development
10.14 Sailun Tires
10.14.1 Sailun Tires Company Information
10.14.2 Sailun Tires Introduction and Business Overview
10.14.3 Sailun Tires Low Rolling Resistance Tires (LRRT) Sales, Revenue and Gross Margin (2018-2023)
10.14.4 Sailun Tires Low Rolling Resistance Tires (LRRT) Products Offered
10.14.5 Sailun Tires Recent Development
10.15 Shandong Linglong Tire Co., Ltd
10.15.1 Shandong Linglong Tire Co., Ltd Company Information
10.15.2 Shandong Linglong Tire Co., Ltd Introduction and Business Overview
10.15.3 Shandong Linglong Tire Co., Ltd Low Rolling Resistance Tires (LRRT) Sales, Revenue and Gross Margin (2018-2023)
10.15.4 Shandong Linglong Tire Co., Ltd Low Rolling Resistance Tires (LRRT) Products Offered
10.15.5 Shandong Linglong Tire Co., Ltd Recent Development
11 Upstream, Opportunities, Challenges, Risks and Influences Factors Analysis
11.1 Low Rolling Resistance Tires (LRRT) 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 Low Rolling Resistance Tires (LRRT) Industrial Chain Analysis
11.4 Low Rolling Resistance Tires (LRRT) Market Dynamics
11.4.1 Low Rolling Resistance Tires (LRRT) Industry Trends
11.4.2 Low Rolling Resistance Tires (LRRT) Market Drivers
11.4.3 Low Rolling Resistance Tires (LRRT) Market Challenges
11.4.4 Low Rolling Resistance Tires (LRRT) Market Restraints
12 Market Strategy Analysis, Distributors
12.1 Sales Channel
12.2 Low Rolling Resistance Tires (LRRT) Distributors
12.3 Low Rolling Resistance Tires (LRRT) 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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