Learn about the global green tires market through The Business Research Company, which provides information on green tires market size, green tires market drivers and restraints, green tires market players, the COVID-19 impact on the green tires market, and more.

The global green tyre market size is expected to grow from $81.07 billion in 2021 to $89.58 billion in 2022 at a compound annual growth rate (CAGR) of 10.50%. The global green tire market size is expected to grow to $134.84 billion in 2026 at a CAGR of 10.76%.

The increase in environmental awareness among consumers is driving the green tyre market.

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The green tyre market consists of sales of green tyre products by entities (organizations, sole proprietors, and partnerships) that manufacture tyres from natural, recycled, or sustainable raw materials. Green tyres are made of materials such as silica and have low rolling resistance. Energy efficiency and safety of the tyres are increased due to the addition of silica to tires. When compared to other tyres such as semi-aromatic, styrene-butadiene rubbers or polycyclic hydrocarbons, green tyres improve fuel efficiency and lower greenhouse gas emissions.

Global Green Tires Market Segments Include:
By Vehicle Type: Passenger Cars, Light Commercial Vehicles (LCV), Heavy Commercial Vehicles (HCV)

By Application: On-Road, Off-Road

By Size: <10 Inch, 10-20 Inch, 20-30 Inch

By Sales Channel: Aftermarket, OEM

By Geography: The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa. Among these regions, Europe was the largest region in the green tyre market in 2021.

Biobased rubber for green tyre manufacturing is a growing trend in the green tyre market. Companies are coming up with new technologies that utilise natural, renewable sources such as corn, grasses, and trees to obtain isoprene, the main ingredient in synthetic rubber.

TBRC’s Green Tires Market Report Covers:

Major Market Players: Michelin, Bridgestone, Goodyear Tire and Rubber, Continental, Hankook, Pirelli, Apollo Tyres Ltd., Cheng Shin Rubber Ind. Co. Ltd., Kumho Tire, Nokian Tyres plc, ZC Rubber, Sailun Tires, Shandong Linglong Tire Co. Ltd., The Yokohama Rubber Co. Ltd., and Kenda Tires.

Regions: Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa.

Countries: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.

Time Series: Five years historic (2016-21) and ten years forecast (2022-2026-2031)

The Green Tires Global Market Report 2022 – Market Size, Trends, And Global Forecast 2022-2026 is one of a series of new reports from The Business Research Company that provides green tires market overviews, analyzes and forecasts market size, share, green tires market players, green tires market segments and geographies, leading competitor revenues, profiles and market shares.

TBRC’s green tires market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.

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