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Green or Low Rolling Resistance Tires-Global Market Insights and Sales Trends 2025
Synopsis
The global Green or Low Rolling Resistance Tires market size is expected to reach US$ million by 2029, growing at a CAGR of % from 2023 to 2029. The market is mainly driven by the significant applications of Green or Low Rolling Resistance Tires in various end use industries. The expanding demands from the On-Road and Off-Road, are propelling Green or Low Rolling Resistance Tires market. Passenger Car 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 Light Commercial Vehicle 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 Green or Low Rolling Resistance Tires, 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 or Low Rolling Resistance Tires 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 or Low Rolling Resistance Tires market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Green or Low Rolling Resistance Tires 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 or Low Rolling Resistance Tires covered in this report include Michelin, Bridgestone, Goodyear Tire and Rubber, Continental, Hankook, Pirelli, Cheng Shin Rubber, Kumho Tires and ZC Rubber, etc.
The global Green or Low Rolling Resistance Tires 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
Goodyear Tire and Rubber
Continental
Hankook
Pirelli
Cheng Shin Rubber
Kumho Tires
ZC Rubber
Nokian Tires
Global Green or Low Rolling Resistance Tires 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 or Low Rolling Resistance Tires market, Segment by Type:
Passenger Car Tire
Light Commercial Vehicle Tire
Others
Global Green or Low Rolling Resistance Tires market, by Application
On-Road
Off-Road
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 or Low Rolling Resistance Tires manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of Green or Low Rolling Resistance Tires 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.
The global Green or Low Rolling Resistance Tires market size is expected to reach US$ million by 2029, growing at a CAGR of % from 2023 to 2029. The market is mainly driven by the significant applications of Green or Low Rolling Resistance Tires in various end use industries. The expanding demands from the On-Road and Off-Road, are propelling Green or Low Rolling Resistance Tires market. Passenger Car 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 Light Commercial Vehicle 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 Green or Low Rolling Resistance Tires, 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 or Low Rolling Resistance Tires 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 or Low Rolling Resistance Tires market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Green or Low Rolling Resistance Tires 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 or Low Rolling Resistance Tires covered in this report include Michelin, Bridgestone, Goodyear Tire and Rubber, Continental, Hankook, Pirelli, Cheng Shin Rubber, Kumho Tires and ZC Rubber, etc.
The global Green or Low Rolling Resistance Tires 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
Goodyear Tire and Rubber
Continental
Hankook
Pirelli
Cheng Shin Rubber
Kumho Tires
ZC Rubber
Nokian Tires
Global Green or Low Rolling Resistance Tires 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 or Low Rolling Resistance Tires market, Segment by Type:
Passenger Car Tire
Light Commercial Vehicle Tire
Others
Global Green or Low Rolling Resistance Tires market, by Application
On-Road
Off-Road
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 or Low Rolling Resistance Tires manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of Green or Low Rolling Resistance Tires 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 or Low Rolling Resistance Tires Market Overview
1.1 Green or Low Rolling Resistance Tires Product Overview
1.2 Green or Low Rolling Resistance Tires Market Segment by Type
1.2.1 Passenger Car Tire
1.2.2 Light Commercial Vehicle Tire
1.2.3 Others
1.3 Global Green or Low Rolling Resistance Tires Market Size by Type
1.3.1 Global Green or Low Rolling Resistance Tires Market Size Overview by Type (2018-2029)
1.3.2 Global Green or Low Rolling Resistance Tires Historic Market Size Review by Type (2018-2023)
1.3.3 Global Green or Low Rolling Resistance Tires Forecasted Market Size by Type (2024-2029)
1.4 Key Regions Market Size Segment by Type
1.4.1 North America Green or Low Rolling Resistance Tires Sales Breakdown by Type (2018-2023)
1.4.2 Europe Green or Low Rolling Resistance Tires Sales Breakdown by Type (2018-2023)
1.4.3 Asia-Pacific Green or Low Rolling Resistance Tires Sales Breakdown by Type (2018-2023)
1.4.4 Latin America Green or Low Rolling Resistance Tires Sales Breakdown by Type (2018-2023)
1.4.5 Middle East and Africa Green or Low Rolling Resistance Tires Sales Breakdown by Type (2018-2023)
2 Global Green or Low Rolling Resistance Tires Market Competition by Company
2.1 Global Top Players by Green or Low Rolling Resistance Tires Sales (2018-2023)
2.2 Global Top Players by Green or Low Rolling Resistance Tires Revenue (2018-2023)
2.3 Global Top Players by Green or Low Rolling Resistance Tires Price (2018-2023)
2.4 Global Top Manufacturers Green or Low Rolling Resistance Tires Manufacturing Base Distribution, Sales Area, Product Type
2.5 Green or Low Rolling Resistance Tires Market Competitive Situation and Trends
2.5.1 Green or Low Rolling Resistance Tires Market Concentration Rate (2018-2023)
2.5.2 Global 5 and 10 Largest Manufacturers by Green or Low Rolling Resistance Tires 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 or Low Rolling Resistance Tires as of 2022)
2.7 Date of Key Manufacturers Enter into Green or Low Rolling Resistance Tires Market
2.8 Key Manufacturers Green or Low Rolling Resistance Tires Product Offered
2.9 Mergers & Acquisitions, Expansion
3 Green or Low Rolling Resistance Tires Status and Outlook by Region
3.1 Global Green or Low Rolling Resistance Tires Market Size and CAGR by Region: 2018 VS 2022 VS 2029
3.2 Global Green or Low Rolling Resistance Tires Historic Market Size by Region
3.2.1 Global Green or Low Rolling Resistance Tires Sales in Volume by Region (2018-2023)
3.2.2 Global Green or Low Rolling Resistance Tires Sales in Value by Region (2018-2023)
3.2.3 Global Green or Low Rolling Resistance Tires Sales (Volume & Value) Price and Gross Margin (2018-2023)
3.3 Global Green or Low Rolling Resistance Tires Forecasted Market Size by Region
3.3.1 Global Green or Low Rolling Resistance Tires Sales in Volume by Region (2024-2029)
3.3.2 Global Green or Low Rolling Resistance Tires Sales in Value by Region (2024-2029)
3.3.3 Global Green or Low Rolling Resistance Tires Sales (Volume & Value), Price and Gross Margin (2024-2029)
4 Global Green or Low Rolling Resistance Tires by Application
4.1 Green or Low Rolling Resistance Tires Market Segment by Application
4.1.1 On-Road
4.1.2 Off-Road
4.2 Global Green or Low Rolling Resistance Tires Market Size by Application
4.2.1 Global Green or Low Rolling Resistance Tires Market Size Overview by Application (2018-2029)
4.2.2 Global Green or Low Rolling Resistance Tires Historic Market Size Review by Application (2018-2023)
4.2.3 Global Green or Low Rolling Resistance Tires Forecasted Market Size by Application (2024-2029)
4.3 Key Regions Market Size Segment by Application
4.3.1 North America Green or Low Rolling Resistance Tires Sales Breakdown by Application (2018-2023)
4.3.2 Europe Green or Low Rolling Resistance Tires Sales Breakdown by Application (2018-2023)
4.3.3 Asia-Pacific Green or Low Rolling Resistance Tires Sales Breakdown by Application (2018-2023)
4.3.4 Latin America Green or Low Rolling Resistance Tires Sales Breakdown by Application (2018-2023)
4.3.5 Middle East and Africa Green or Low Rolling Resistance Tires Sales Breakdown by Application (2018-2023)
5 North America Green or Low Rolling Resistance Tires by Country
5.1 North America Green or Low Rolling Resistance Tires Historic Market Size by Country
5.1.1 North America Green or Low Rolling Resistance Tires Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
5.1.2 North America Green or Low Rolling Resistance Tires Sales in Volume by Country (2018-2023)
5.1.3 North America Green or Low Rolling Resistance Tires Sales in Value by Country (2018-2023)
5.2 North America Green or Low Rolling Resistance Tires Forecasted Market Size by Country
5.2.1 North America Green or Low Rolling Resistance Tires Sales in Volume by Country (2024-2029)
5.2.2 North America Green or Low Rolling Resistance Tires Sales in Value by Country (2024-2029)
6 Europe Green or Low Rolling Resistance Tires by Country
6.1 Europe Green or Low Rolling Resistance Tires Historic Market Size by Country
6.1.1 Europe Green or Low Rolling Resistance Tires Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
6.1.2 Europe Green or Low Rolling Resistance Tires Sales in Volume by Country (2018-2023)
6.1.3 Europe Green or Low Rolling Resistance Tires Sales in Value by Country (2018-2023)
6.2 Europe Green or Low Rolling Resistance Tires Forecasted Market Size by Country
6.2.1 Europe Green or Low Rolling Resistance Tires Sales in Volume by Country (2024-2029)
6.2.2 Europe Green or Low Rolling Resistance Tires Sales in Value by Country (2024-2029)
7 Asia-Pacific Green or Low Rolling Resistance Tires by Region
7.1 Asia-Pacific Green or Low Rolling Resistance Tires Historic Market Size by Region
7.1.1 Asia-Pacific Green or Low Rolling Resistance Tires Market Size Growth Rate (CAGR) by Region: 2018 VS 2022 VS 2029
7.1.2 Asia-Pacific Green or Low Rolling Resistance Tires Sales in Volume by Region (2018-2023)
7.1.3 Asia-Pacific Green or Low Rolling Resistance Tires Sales in Value by Region (2018-2023)
7.2 Asia-Pacific Green or Low Rolling Resistance Tires Forecasted Market Size by Region
7.2.1 Asia-Pacific Green or Low Rolling Resistance Tires Sales in Volume by Region (2024-2029)
7.2.2 Asia-Pacific Green or Low Rolling Resistance Tires Sales in Value by Region (2024-2029)
8 Latin America Green or Low Rolling Resistance Tires by Country
8.1 Latin America Green or Low Rolling Resistance Tires Historic Market Size by Country
8.1.1 Latin America Green or Low Rolling Resistance Tires Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
8.1.2 Latin America Green or Low Rolling Resistance Tires Sales in Volume by Country (2018-2023)
8.1.3 Latin America Green or Low Rolling Resistance Tires Sales in Value by Country (2018-2023)
8.2 Latin America Green or Low Rolling Resistance Tires Forecasted Market Size by Country
8.2.1 Latin America Green or Low Rolling Resistance Tires Sales in Volume by Country (2024-2029)
8.2.2 Latin America Green or Low Rolling Resistance Tires Sales in Value by Country (2024-2029)
9 Middle East and Africa Green or Low Rolling Resistance Tires by Country
9.1 Middle East and Africa Green or Low Rolling Resistance Tires Historic Market Size by Country
9.1.1 Middle East and Africa Green or Low Rolling Resistance Tires Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
9.1.2 Middle East and Africa Green or Low Rolling Resistance Tires Sales in Volume by Country (2018-2023)
9.1.3 Middle East and Africa Green or Low Rolling Resistance Tires Sales in Value by Country (2018-2023)
9.2 Middle East and Africa Green or Low Rolling Resistance Tires Forecasted Market Size by Country
9.2.1 Middle East and Africa Green or Low Rolling Resistance Tires Sales in Volume by Country (2024-2029)
9.2.2 Middle East and Africa Green or Low Rolling Resistance Tires 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 or Low Rolling Resistance Tires Sales, Revenue and Gross Margin (2018-2023)
10.1.4 Michelin Green or Low Rolling Resistance Tires 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 or Low Rolling Resistance Tires Sales, Revenue and Gross Margin (2018-2023)
10.2.4 Bridgestone Green or Low Rolling Resistance Tires Products Offered
10.2.5 Bridgestone Recent Development
10.3 Goodyear Tire and Rubber
10.3.1 Goodyear Tire and Rubber Company Information
10.3.2 Goodyear Tire and Rubber Introduction and Business Overview
10.3.3 Goodyear Tire and Rubber Green or Low Rolling Resistance Tires Sales, Revenue and Gross Margin (2018-2023)
10.3.4 Goodyear Tire and Rubber Green or Low Rolling Resistance Tires Products Offered
10.3.5 Goodyear Tire and Rubber Recent Development
10.4 Continental
10.4.1 Continental Company Information
10.4.2 Continental Introduction and Business Overview
10.4.3 Continental Green or Low Rolling Resistance Tires Sales, Revenue and Gross Margin (2018-2023)
10.4.4 Continental Green or Low Rolling Resistance Tires Products Offered
10.4.5 Continental Recent Development
10.5 Hankook
10.5.1 Hankook Company Information
10.5.2 Hankook Introduction and Business Overview
10.5.3 Hankook Green or Low Rolling Resistance Tires Sales, Revenue and Gross Margin (2018-2023)
10.5.4 Hankook Green or Low Rolling Resistance Tires Products Offered
10.5.5 Hankook Recent Development
10.6 Pirelli
10.6.1 Pirelli Company Information
10.6.2 Pirelli Introduction and Business Overview
10.6.3 Pirelli Green or Low Rolling Resistance Tires Sales, Revenue and Gross Margin (2018-2023)
10.6.4 Pirelli Green or Low Rolling Resistance Tires Products Offered
10.6.5 Pirelli Recent Development
10.7 Cheng Shin Rubber
10.7.1 Cheng Shin Rubber Company Information
10.7.2 Cheng Shin Rubber Introduction and Business Overview
10.7.3 Cheng Shin Rubber Green or Low Rolling Resistance Tires Sales, Revenue and Gross Margin (2018-2023)
10.7.4 Cheng Shin Rubber Green or Low Rolling Resistance Tires Products Offered
10.7.5 Cheng Shin Rubber Recent Development
10.8 Kumho Tires
10.8.1 Kumho Tires Company Information
10.8.2 Kumho Tires Introduction and Business Overview
10.8.3 Kumho Tires Green or Low Rolling Resistance Tires Sales, Revenue and Gross Margin (2018-2023)
10.8.4 Kumho Tires Green or Low Rolling Resistance Tires Products Offered
10.8.5 Kumho Tires Recent Development
10.9 ZC Rubber
10.9.1 ZC Rubber Company Information
10.9.2 ZC Rubber Introduction and Business Overview
10.9.3 ZC Rubber Green or Low Rolling Resistance Tires Sales, Revenue and Gross Margin (2018-2023)
10.9.4 ZC Rubber Green or Low Rolling Resistance Tires Products Offered
10.9.5 ZC Rubber Recent Development
10.10 Nokian Tires
10.10.1 Nokian Tires Company Information
10.10.2 Nokian Tires Introduction and Business Overview
10.10.3 Nokian Tires Green or Low Rolling Resistance Tires Sales, Revenue and Gross Margin (2018-2023)
10.10.4 Nokian Tires Green or Low Rolling Resistance Tires Products Offered
10.10.5 Nokian Tires Recent Development
11 Upstream, Opportunities, Challenges, Risks and Influences Factors Analysis
11.1 Green or Low Rolling Resistance Tires 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 or Low Rolling Resistance Tires Industrial Chain Analysis
11.4 Green or Low Rolling Resistance Tires Market Dynamics
11.4.1 Green or Low Rolling Resistance Tires Industry Trends
11.4.2 Green or Low Rolling Resistance Tires Market Drivers
11.4.3 Green or Low Rolling Resistance Tires Market Challenges
11.4.4 Green or Low Rolling Resistance Tires Market Restraints
12 Market Strategy Analysis, Distributors
12.1 Sales Channel
12.2 Green or Low Rolling Resistance Tires Distributors
12.3 Green or Low Rolling Resistance Tires 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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