About this market
Developments in the field of automotive green tires to drive growth in the market. The growing concerns on environmental pollution caused by automobile tires are driving the developments in the field of automotive green tires. analysts have predicted that the automotive green tires market will register a CAGR of almost 15% by 2022.
Market Overview
Benefits of using green tires
The automotive green tires are environment-friendly and have inherent advantages and benefits.
High cost pressures on tire vendors for competitive pricing
Vendors experience cost pressures to gain a competitive advantage due to the presence of other players in the market.
For the detailed list of factors that will drive and challenge the growth of the automotive green tires market during the 2018-2022, view our report.
Competitive Landscape
The market appears to be fragmented and with the presence of several companies including Continental and MICHELIN the competitive environment is quite intense. Factors such as the benefits of using green tires and the developments in the field of automotive green tires, will provide considerable growth opportunities to automotive green tires manufactures. The Goodyear Tire and Rubber Company, Bridgestone, Continental, MICHELIN, THE YOKOHAMA RUBBER, TOYO TIRE & RUBBER are some of the major companies covered in this report.