Green Tires Market at a CAGR by Top Competitors Hankook Tire., Pirelli & C. S.p.A., CST., Sailun, LINGLONG TIRE, Kenda Tires., Cooper Tire & Rubber Company, Yokohama Tire Corporation, Nexen, MRF, Petlas, Balkrishna and Others

Global Green Tires Market is anticipated to reach USD 141.26 million by 2025, from USD 62.42 million in 2017 rising at a CAGR of 10.5% during the forecast period of 2018 to 2025.

Green Tire Market is expected to grow due to some advantages such as long-life, retreadable tires and government initiatives for green and clean environment. According to Industrial Trade Administration, in 2017, U.S. light vehicle sales reached 17.1 million units. In the same year, the U.S. exported almost 2.0 million new light vehicles and almost 130,000 medium and heavy trucks (valued at $63.2 billion) to more than 200 markets around the world, with additional exports of automotive parts valued at $85.6 billion.

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Global Green Tires Market By,

Type (On-Road, Off-Road),
By Material (Natural Rubber, Synthetic Rubber, Polyester, Nylon, Tire Cord Fabric, Other),
By Application (Passenger Cars, Light Commercial Vehicles, Heavy Commercial Vehicles, Others),
By Geography (North America, South America, Europe, Asia-Pacific, Middle East and Africa) and Many More

Competitive Landscape:

Global Green Tires Market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of green tire for global, Europe, North America, Asia Pacific, South America and Middle East & Africa.

Key Market Competitors:

The key players operating in the global green tires market are

• MICHELIN
• The Goodyear Tire & Rubber Company
• Continental AG
• Nokian Tyres plc.
• Apollo Vredestein
• Bridgestone India Private Ltd,
• Hankook Tire.,
• Pirelli & C. S.p.A.,
• CST.,
• Sailun,
• LINGLONG TIRE,
• Kenda Tires.,
• CRAIN COMMUNICATIONS, INC.,
• Cooper Tire & Rubber Company,
• Yokohama Tire Corporation,
• Nexen,
• MRF,
• Petlas,
• Balkrishna Industries Limited (BKT),
• TOYO TIRE U.S.A. CORP. and
• many more.

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Key Insights in the Report:

• Historical and current market size and projection up to 2025
• Market trends impacting the growth of the global green tires market
• Analyze and forecast the green tires market on the basis of type, material, and application
• Trends of key regional and country-level markets for type, material, and application
• Company profiling of key players which includes business operations, product and services, geographic presence, recent developments and key financial analysis

Market Drivers:

• Fuel efficiency increases
• Consume less energy at the time of manufacturing.
• Environment-friendly and government initiative for green environment

Table of Contents

1. Introduction
2. Market Segmentation
3. Market Overview
4. Executive Summary
5. Premium Insights
6. Global, By Component
7. Product Type
8. Delivery
9. Industry Type
10. Geography
10.1. Overview
10.2. North America
10.3. Europe
10.4. Asia-Pacific
10.5. South America
10.6. Middle East & Africa
11. Company Landscape
12. Company Profiles
13. Related Reports

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This release was published on openPR.