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Green tire means the tires used a whole new breed of environmentally friendly rubber. .Green tire technology focuses on the fuel efficiency bit. These eco-friendly tires also employ a special type of tightly bonded rubber in the tread blocks to retain more energy while driving – this means a lower rolling resistance and therefore less engine power sapped in rotating the tire.
The classification of Green Tire includes All-Steel Tire and Semi-Steel Tire, and the revenue proportion of Semi-Steel Tire, in 2016 is about 68.34%.
Europe is the largest consumption place, with a consumption market share nearly 45% in 2016. Following Europe, North America is the second largest consumption place with the consumption market share of 17%.
Market competition is not intense. Michelin, Bridgestone, Continental, Pirelli, etc. are the leaders of the industry, and they hold key technologies and patents, with high-end customers; have been formed in the monopoly position in the industry.
Market Analysis and Insights: Global Green Tire Market
In 2019, the global Green Tire market size was US$ 86940 million and it is expected to reach US$ 178490 million by the end of 2026, with a CAGR of 10.7% during 2021-2026.
Global Green Tire Scope and Market Size
Green Tire market is segmented by region, by country, company, type, application and by sales channels. Players, stakeholders, and other participants in the global Green Tire market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on sales, revenue and forecast by region, by country, company, type, application and by sales channels for the period 2015-2026.
Segment by Type, the Green Tire market is segmented into
All-Steel Tire
Semi-Steel Tire
Segment by Application, the Green Tire market is segmented into
Passenger Vehicle
Light Commercial Vehicle
Heavy Commercial Vehicle
Regional and Country-level Analysis:
North America
United States
Canada
Asia-Pacific
China
Japan
South Korea
India
Southeast Asia
Australia
Rest of Asia-Pacific
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Rest of Europe
Latin America
Mexico
Brazil
Rest of Latin America
Middle East & Africa
Turkey
Saudi Arabia
UAE
Rest of MEA
Green Tire market competitive landscape provides details and data information by companies. The report offers comprehensive analysis and accurate statistics on revenue by the player for the period 2015-2020. It also offers detailed analysis supported by reliable statistics on sale and revenue by players for the period 2015-2020. Details included are company description, major business, Green Tire product introduction, recent developments, Green Tire sales by region, type, application and by sales channel.
The major companies include:
Michelin
Bridgestone
Continental
Pirelli
Goodyear
Shanghai Huayi
Sumitomo Rubber Industries
ZC Rubber
Yokohama
Nokian Tyres
Hankook
Maxxis
Triangle
The classification of Green Tire includes All-Steel Tire and Semi-Steel Tire, and the revenue proportion of Semi-Steel Tire, in 2016 is about 68.34%.
Europe is the largest consumption place, with a consumption market share nearly 45% in 2016. Following Europe, North America is the second largest consumption place with the consumption market share of 17%.
Market competition is not intense. Michelin, Bridgestone, Continental, Pirelli, etc. are the leaders of the industry, and they hold key technologies and patents, with high-end customers; have been formed in the monopoly position in the industry.
Market Analysis and Insights: Global Green Tire Market
In 2019, the global Green Tire market size was US$ 86940 million and it is expected to reach US$ 178490 million by the end of 2026, with a CAGR of 10.7% during 2021-2026.
Global Green Tire Scope and Market Size
Green Tire market is segmented by region, by country, company, type, application and by sales channels. Players, stakeholders, and other participants in the global Green Tire market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on sales, revenue and forecast by region, by country, company, type, application and by sales channels for the period 2015-2026.
Segment by Type, the Green Tire market is segmented into
All-Steel Tire
Semi-Steel Tire
Segment by Application, the Green Tire market is segmented into
Passenger Vehicle
Light Commercial Vehicle
Heavy Commercial Vehicle
Regional and Country-level Analysis:
North America
United States
Canada
Asia-Pacific
China
Japan
South Korea
India
Southeast Asia
Australia
Rest of Asia-Pacific
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Rest of Europe
Latin America
Mexico
Brazil
Rest of Latin America
Middle East & Africa
Turkey
Saudi Arabia
UAE
Rest of MEA
Competitive Landscape
and Green Tire Market Share AnalysisGreen Tire market competitive landscape provides details and data information by companies. The report offers comprehensive analysis and accurate statistics on revenue by the player for the period 2015-2020. It also offers detailed analysis supported by reliable statistics on sale and revenue by players for the period 2015-2020. Details included are company description, major business, Green Tire product introduction, recent developments, Green Tire sales by region, type, application and by sales channel.
The major companies include:
Michelin
Bridgestone
Continental
Pirelli
Goodyear
Shanghai Huayi
Sumitomo Rubber Industries
ZC Rubber
Yokohama
Nokian Tyres
Hankook
Maxxis
Triangle
Frequently Asked Questions
This market study covers the global and regional market with an in-depth analysis of the overall growth prospects in the market. Furthermore, it sheds light on the comprehensive competitive landscape of the global market. The report further offers a dashboard overview of leading companies encompassing their successful marketing strategies, market contribution, recent developments in both historic and present contexts.
- By product type
- By End User/Applications
- By Technology
- By Region
The report provides a detailed evaluation of the market by highlighting information on different aspects which include drivers, restraints, opportunities, and threats. This information can help stakeholders to make appropriate decisions before investing.
