The Business Research Company’s report goes into great detail on the green tires market size and growth, green tires market regional analysis, green tires market competitive landscape, and other critical information needed to excel in the green tires industry.

Major players in the green tires market include Michelin, Bridgestone, Goodyear Tire and Rubber, Continental, Hankook, Pirelli, Apollo Tyres Ltd., Cheng Shin Rbber 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.

TBRC’s comprehensive market report based on extensive research will assist you in seamlessly devising your approaches in order to match key market player strategies.

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%.

Europe was the largest region in the green tyre market in 2021.

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.

The rise in environmental awareness related to the use of eco-friendly tyres will propel the growth of the green tyre market.

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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 global green tires market report is segmented:

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

The Green Tires Global Market Report 2022 is one of a series of new reports from The Business Research Company that provides an overview of the green tires market globally and regionally, analyzes and forecasts market size, share, green tires market players, green tires market segments, leading competitor revenues, profiles and market shares.

Here is a list of similar reports from The Business Research Company:

Automotive Wheel Global Market Report 2022

Paper, Plastics, Rubber, Wood And Textile Global Market Report 2022

Styrene Butadiene Rubber (SBR) Global Market Report 2022

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