Global Green Tire
Market Report
2025
As per Cognitive Market Research's latest published report, the Global Green Tire market size was $36.41 Billion In 2022 and it is forecasted to reach $79.61 Billion By 2030. Green Tire Industry's Compound Annual Growth Rate will be 7.71% from 2023 to 2030.
The base year for the calculation is 2024. The historical will be 2021 to 2024. The year 2025 will be estimated one while the forecasted data will be from year 2025 to 2033. When we deliver the report that time we updated report data till the purchase date.
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As per Cognitive Market Research's latest published report, the Global Green Tire market size was $36.41 Billion In 2022 and it is forecasted to reach $79.61 Billion By 2030. Green Tire Industry's Compound Annual Growth Rate will be 7.71% from 2023 to 2030.
2024 | 2025 | 2032 | 2033 | CAGR | |
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Global Green Tire Market Sales Revenue | 121212 | 121212 | 121212 | 121212 | 7.71% |
Base Year | 2024 |
Historical Data Time Period | 2021-2024 |
Forecast Period | 2025-2033 |
Market Split by Type |
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Market Split by Application |
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Market Split by Tire Size |
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Market Split by Sales Channel |
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List of Competitors |
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Regional Analysis |
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Country Analysis |
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Report scope is customizable as we have a huge database of Green Tire industry. We can deliver an exclusive report Edition/Consultation as per your data requirements. Request for your Free Sample Pages.
Green Tire Market is Segmented as below. Particular segment of your interest can be provided without any additional cost. Download the Sample Pages!
The tire is a vital vehicle element which includes the wheel’s rim to protect and allow better vehicle performance. Green tires are produced from renewable materials such as nylon rubber through a process that does not require an excessive amount of energy. These tires have low rolling resistance, which helps in decreasing fuel consumption.
Increasing fuel efficiency, and reduced rolling resistance is the key factor expected to drive the growth of the green tire market. Furthermore, technological advancements and adoption of the eco-friendly tire in the automotive sector creates growth opportunities for the global green tire market in the forecast period. However, a lack of awareness about green tires and structural limitations is anticipated to hinder the growth of the green tire market.
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In March 2021, Kumho Tire announced the expansion of the Vietnam tire plant expecting to double its manufacturing capacity.
In June 2020, Bridgestone has launched the newest Firestone Destination LE3 tires, specifically created for SUVs, multipurpose utility vehicles, and light commercial vehicles. The Firestone Destination LE3 is developed to maximize safe driving and increase efficiencies in the snow and rain.
Top Companies Market Share in Green Tire Industry: (In no particular order of Rank)
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Asia-Pacific has the largest revenue share in the green tire market. This is due to increasing consumer living standards aided by their surge in disposable income and improved automobile sales in the region.
The current report Scope analyzes Green Tire Market on 5 major region Split (In case you wish to acquire a specific region edition (more granular data) or any country Edition data then please write us on info@cognitivemarketresearch.com
The above graph is for illustrative purposes only.
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Global Green Tire Market Report 2025 Edition talks about crucial market insights with the help of segments and sub-segments analysis. In this section, we reveal an in-depth analysis of the key factors influencing Green Tire Industry growth. Green Tire market has been segmented with the help of its Type, Application Tire Size, and others. Green Tire market analysis helps to understand key industry segments, and their global, regional, and country-level insights. Furthermore, this analysis also provides information pertaining to segments that are going to be most lucrative in the near future and their expected growth rate and future market opportunities. The report also provides detailed insights into factors responsible for the positive or negative growth of each industry segment.
Based on type, the on-road tires segment has the largest revenue share in the green tire market. This is due to the increasing demand for on-road tires in the global green tire market.
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Based on application, the passenger cars segment has the largest revenue share in the green tire market. This is attributed to increasing the living standards of people due to a substantial increasing per capita disposable income positively impacting the growth of the passenger car segment.
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Based on the tire size, the 15-inch segment has the largest revenue share in the green tire market. This is due to the smaller rim with a smaller tire offering a smooth ride projected to drive the growth of this segment.
Based on the sales channel, the OEM segment has the largest revenue share in the green tire market. This is due to OEM providing different sizes & types of tires for different vehicle models including sports utility vehicles, fitted with wet & dry performance, and luxury vehicles fitted with smoother & quieter tires.
Research Associate at Cognitive Market Research
Sumedha Gosavi is a Research Analyst with a specialized focus on the automobile and transportation sectors. With over two years of experience, she excels in conducting in-depth secondary research, competitive analysis, and market forecasting to deliver actionable insights that drive strategic decision-making.
In her current role, Sumedha leads research initiatives in the dynamic fields of automotive and transportation, identifying key trends, technological advancements, and market opportunities. Her ability to craft tailored research methodologies and distill complex data into clear, impactful strategies has been instrumental in enhancing her organization’s competitive edge.
With a deep passion for innovation in mobility and a commitment to continuous learning, Sumedha remains at the forefront of industry developments. Her expertise and analytical acumen make her an invaluable asset in navigating the ever evolving landscape of automobile and transportation research.
Our study will explain complete manufacturing process along with major raw materials required to manufacture end-product. This report helps to make effective decisions determining product position and will assist you to understand opportunities and threats around the globe.
The Global Green Tire Market is witnessing significant growth in the near future.
In 2023, the On-road tires segment accounted for noticeable share of global Green Tire Market and is projected to experience significant growth in the near future.
The Passenger Cars segment is expected to expand at the significant CAGR retaining position throughout the forecast period.
Some of the key companies Michelin, Continental and others are focusing on its strategy building model to strengthen its product portfolio and expand its business in the global market.
Please note, we have not disclose, all the sources consulted/referred during a market study due to confidentiality and paid service concern. However, rest assured that upon purchasing the service or paid report version, we will release the comprehensive list of sources along with the complete report and we also provide the data support where you can intract with the team of analysts who worked on the report.
Disclaimer:
Type | On-road tires, Off-road tires |
Application | Passenger Cars, Light Commercial Vehicle, Heavy Commercial Vehicle |
Tire Size | 15 inch, 16 inch, 17 inch, 18 inch |
Sales Channel | OEM, Aftermarket |
List of Competitors | Michelin, Bridgestone, Continental, Pirelli, Goodyear, Shanghai Huayi, Sumitomo Rubber Industries, ZC Rubber, Yokohama, Nokian Tyres, Hankook, Maxxis, Triangle Group |
This chapter will help you gain GLOBAL Market Analysis of Green Tire. Further deep in this chapter, you will be able to review Global Green Tire Market Split by various segments and Geographical Split.
Chapter 1 Global Market Analysis
Global Market has been segmented on the basis 5 major regions such as North America, Europe, Asia-Pacific, Middle East & Africa, and Latin America.
You can purchase only the Executive Summary of Global Market (2019 vs 2024 vs 2031)
Global Market Dynamics, Trends, Drivers, Restraints, Opportunities, Only Pointers will be deliverable
This chapter will help you gain North America Market Analysis of Green Tire. Further deep in this chapter, you will be able to review North America Green Tire Market Split by various segments and Country Split.
Chapter 2 North America Market Analysis
This chapter will help you gain Europe Market Analysis of Green Tire. Further deep in this chapter, you will be able to review Europe Green Tire Market Split by various segments and Country Split.
Chapter 3 Europe Market Analysis
This chapter will help you gain Asia Pacific Market Analysis of Green Tire. Further deep in this chapter, you will be able to review Asia Pacific Green Tire Market Split by various segments and Country Split.
Chapter 4 Asia Pacific Market Analysis
This chapter will help you gain South America Market Analysis of Green Tire. Further deep in this chapter, you will be able to review South America Green Tire Market Split by various segments and Country Split.
Chapter 5 South America Market Analysis
This chapter will help you gain Middle East Market Analysis of Green Tire. Further deep in this chapter, you will be able to review Middle East Green Tire Market Split by various segments and Country Split.
Chapter 6 Middle East Market Analysis
This chapter will help you gain Middle East Market Analysis of Green Tire. Further deep in this chapter, you will be able to review Middle East Green Tire Market Split by various segments and Country Split.
Chapter 7 Africa Market Analysis
This chapter provides an in-depth analysis of the market share among key competitors of Green Tire. The analysis highlights each competitor's position in the market, growth trends, and financial performance, offering insights into competitive dynamics, and emerging players.
Chapter 8 Competitor Analysis (Subject to Data Availability (Private Players))
(Subject to Data Availability (Private Players))
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
This chapter would comprehensively cover market drivers, trends, restraints, opportunities, and various in-depth analyses like industrial chain, PESTEL, Porter’s Five Forces, and ESG, among others. It would also include product life cycle, technological advancements, and patent insights.
Chapter 9 Qualitative Analysis (Subject to Data Availability)
Segmentation Type Analysis 2019 -2031, will provide market size split by Type. This Information is provided at Global Level, Regional Level and Top Countries Level The report with the segmentation perspective mentioned under this chapters will be delivered to you On Demand. So please let us know if you would like to receive this additional data as well. No additional cost will be applicable for the same.
Chapter 10 Market Split by Type Analysis 2021 - 2033
The report with the segmentation perspective mentioned under this chapters will be delivered to you On Demand. So please let us know if you would like to receive this additional data as well. No additional cost will be applicable for the same.
Chapter 11 Market Split by Application Analysis 2021 - 2033
The report with the segmentation perspective mentioned under this chapters will be delivered to you On Demand. So please let us know if you would like to receive this additional data as well. No additional cost will be applicable for the same.
Chapter 12 Market Split by Tire Size Analysis 2021 - 2033
The report with the segmentation perspective mentioned under this chapters will be delivered to you On Demand. So please let us know if you would like to receive this additional data as well. No additional cost will be applicable for the same.
Chapter 13 Market Split by Sales Channel Analysis 2021 - 2033
This chapter helps you understand the Key Takeaways and Analyst Point of View of the global Green Tire market
Chapter 14 Research Findings
Here the analyst will summarize the content of entire report and will share his view point on the current industry scenario and how the market is expected to perform in the near future. The points shared by the analyst are based on his/her detailed in-depth understanding of the market during the course of this report study. You will be provided exclusive rights to interact with the concerned analyst for unlimited time pre purchase as well as post purchase of the report.
Chapter 15 Research Methodology and Sources
Why On-road tires have a significant impact on Green Tire market? |
What are the key factors affecting the On-road tires and Off-road tires of Green Tire Market? |
What is the CAGR/Growth Rate of Passenger Cars during the forecast period? |
By type, which segment accounted for largest share of the global Green Tire Market? |
Which region is expected to dominate the global Green Tire Market within the forecast period? |
Segmentation Level Customization |
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Global level Data Customization |
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Region level Data Customization |
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Country level Data Customization |
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Company Level |
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Additional Data Analysis |
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Additional Qualitative Data |
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Additional Quantitative Data |
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Service Level Customization |
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Report Format Alteration |
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