openPR Logo
Press release

Market Research on Green Tires Market 2015 and Analysis to 2025

05-09-2016 02:53 PM CET | Advertising, Media Consulting, Marketing Research

Press release from: FMI Reports

Market Research on Green Tires Market 2015 and Analysis to 2025

Future Market Insights has announced the addition of the “Green Tires Market: Global Industry Analysis and Opportunity Assessment 2015-2025" report to their offering.

Green tire is a way big dream for the tire manufacturers. Its a rocky road to fulfill this dream. Replacement of the raw materials present in tires with renewable materials may have a negative impact on the braking performance and compromising here is not acceptable. Currently the label “green” is used for tires, designed with an aim to improve the fuel economy.

Tire is a crucial vehicle component that covers the wheel's rim to protect it and enable better vehicle performance. Tires provide traction between the vehicle and road while providing a flexible cushion bed to absorbs shock. Tires are typically made of rubber. With the increasing environmental and energy concerns, tire manufacturers are stepping forward to use renewable raw materials. Plasticizers and resins could also be potentially used in green tires. As on 2014, 45% share is of natural raw materials in tires which is expected to grow to 100% by the end of 2025. These environmental-friendly raw material are ten percent lighter than conventional products used in the manufacturing of tires. This helps in reduction of the overall weight of a car, so it requires less fuel. Green tires are developed so as to optimize the fuel consumption via reduction of rolling resistance. Rolling resistance refers to the energy required by the tire's road contact and its deformation. Reduction in rolling resistance requires total control over the complex relationship between the tread pattern, tire structure and rubber compounds.

With the soaring population and fuel economy regulations imposed by government, the demand for green transportation increases. Globally, the tire manufacturers are adding precipitated silica to tread formulations to improve fuel efficiency, enhance tire performance and eliminate greenhouse gas emissions. Reducing rolling resistance or the amount of energy spent to move a vehicle, is seen as an important solution in decreasing fuel consumption and hence the costs associated. As tires are responsible for 20% to 30% of a vehicle’s fuel consumption.

Request Free Report Sample@ http://www.futuremarketinsights.com/reports/sample/rep-gb-844

About one-fourth of the pollution is generated by a vehicle to overcome the rolling resistance of its tires. In US itself, an annual reduction of up to 45 million tons of carbon dioxide emissions could be achieved by the addition of precipitated silica to tire treads. Silica also significantly improves a tire’s responsive handling and steering capability in a variety of adverse weather conditions. These tires also have been shown to improve traction on icy roads.

Green tires are also alternatively termed as energy tires in Europe, where the main advantage of going green is promoted as lower rolling resistance. They are therefore viewed to be an important growth market in terms of business to all European tire manufacturers and suppliers. Alongside Japan, Europe is at the most advanced level in this important technology process and more advanced than Asia or the United States.

Green Tires Market: Drivers & Restraints

Rising energy costs, stringent government regulations and increased environmental awareness among consumers regarding fuel consumption and a desire for improved handling and safety are some of the key factors driving the growth of the green tires market.

Widespread replacement of fossil materials with renewable raw materials is not always a solution since it requires acreage that might already be used in food production. Process engineering involved in the raw materials, lack of knowledge about the green tire technology and all-season traction capability are probable factors restraining the growth of the green tires market.

Green Tires Market: Segmentation

The global green tires market is broadly classified on the basis of product type, applications and geographies.

Request For TOC@ http://www.futuremarketinsights.com/toc/rep-gb-844

Based on application, the global green tires market is segmented into:

On-road
Off-road

Based on product type, the global green tires market is segmented into:

Passenger Tires
Light Commercial Tires
Heavy Commercial Tires

Green Tires Market: Overview

In early 1990s the green tires came into existence with the usage of highly dispersible silica in tire treads in Europe due to high energy costs, consumer appreciation for better handling and safety and understanding the environmental benefits. The demand for green tires is now increasing in the United States.

With rapid urbanization and increasing pressure on fuel consumption, the acceptance of green tires is gaining popularity. The global green tires market is expected to expand at a promising CAGR during the forecast period (2015-2025).

Browse Full Report@ http://www.futuremarketinsights.com/reports/green-tires-market

Green Tires Market: Region-wise Outlook

The global green tires market is expected to register a double-digit CAGR for the forecast period. Depending on geographic regions, global green tires market is segmented into seven key regions: North America, South America, Eastern Europe, Western Europe, Asia Pacific, Japan, and Middle East & Africa. As of 2015, Europe dominated the global green tires market in terms of market revenue followed by North America. Asia Pacific & Japan are projected to expand at a substantial growth and will contribute to the global green tires market value exhibiting a robust CAGR during the forecast period, 2015?2025.

Green Tires Market: Key Players

Some of the key market participants in global green tires market are PPG Industries Inc, Pirelli Tyre S.p.A , Bridgestone , Green Arc Tire Manufacturing Inc, Goodyear Tire & Rubber Co, Michelin North America Inc.

Future Market Insights (FMI) is a leading market intelligence and consulting firm. We deliver syndicated research reports, custom research reports and consulting services, which are personalized in nature. FMI delivers a complete packaged solution, which combines current market intelligence, statistical anecdotes, technology inputs, valuable growth insights, an aerial view of the competitive framework, and future market trends.

616 Corporate Way, Suite 2-9018
Valley Cottage, NY

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Market Research on Green Tires Market 2015 and Analysis to 2025 here

News-ID: 339698 • Views:

More Releases from FMI Reports

Research report covers the Triallyl Isocyanurate Market Growth, 2016-2026
Research report covers the Triallyl Isocyanurate Market Growth, 2016-2026
Future Market Insights has announced the addition of the “Triallyl Isocyanurate Market: Global Industry Analysis and Opportunity Assessment 2016-2026" report to their offering. Triallyl isocyanurate is used as a cross linking in the manufacture of agrochemicals, flame retardants and synthetic rubbers. It is synthesized by gradually adding cyanuric chloride to excess of alcohol or allyl chloride in the presence concentrated aqueous phase. For various applications, triallyl isocyanurate can be
Structured Cabling Market Growth and Segments,2016-2026
Structured Cabling Market Growth and Segments,2016-2026
Future Market Insights has announced the addition of the “Structured Cabling Market: Global Industry Analysis and Opportunity Assessment 2016-2026" report to their offering. Structured cabling system is defined as the combination of set of cables & associated hardware used to provide comprehensive telecommunication infrastructure to various management systems, this telecommunication infrastructure enables the transmission of data, voice & video signal through a communication network from one point to other
Polyetheramine Market, 2016-2026 by Segmentation: Based on Product, Based on Application and Region
Polyetheramine Market, 2016-2026 by Segmentation: Based on Product, Based on App …
Future Market Insights has announced the addition of the “Polyetheramine Market: Global Industry Analysis and Opportunity Assessment 2016-2026" report to their offering. Polyetheramines are typically the curing agents which contain polyether and amine moieties, are majorly used to increase toughness, flexibility, hydrophobicity or hydrophilicity of the end-products. Polyetheramines are used for a range of applications including polyurea, epoxy curing and polyamides in a range of coatings. Polyetheramines are also
Immunochemistry Analyzer Market Regulations and Competitive Landscape Outlook to 2025
Immunochemistry Analyzer Market Regulations and Competitive Landscape Outlook to …
Future Market Insights has announced the addition of the “Immunochemistry Analyzer Market: Global Industry Analysis and Opportunity Assessment 2015-2025" report to their offering. Immunochemistry analyzer are becoming more and more popular in the global clinical chemistry and immunoassay as these are proved to be very effective tool to diagnose cancer, hepatitis, illegal drugs, fertility problems, sodium levels, endocrine function, and the detection of blood clots. There are approximately more than 180,000 immunochemistry

All 5 Releases


More Releases for Tire

Pneumatic Tire Market Worth Observing Growth | The Yokohama, Michelin, Continent …
Key Findings of Pneumatic Tire Market • The growth of the global pneumatic tire market would be supplemented by the growing automobile sector • The segment of radial tires accounts for the higher sales in the pneumatic tire market owing to their various advantages over cross ply tires, which include longer durability, improved performance and better mileage • Asia Pacific is the biggest tire market and would maintain its position over the forecast period. Download FREE Report
Run Flat Tire Market Research Report | Top players Cooper Tire & Rubber Company, …
The global run flat tire market to gain momentum from the increasing production of commercial and passenger vehicles. Besides, these tires enable drivers to travel to the nearest service center safely, even if there is persistent loss of air from the tires. With the help of these tires, cars can be driven up to around 80km at an average speed. Fortune Business Insights(TM) provided this information in a recent report,
Tire Recycling Market: How the Business Will Grow in 2025? Prominent Players: Mi …
Tire Recycling Industry 2019 report provides concentrated and in-depth analysis of the existing situation of the Global Tire Recycling market, along with market share, revenue, assertive perception and forecast 2025.the report also provides current Tire Recycling business situation along with a valid assessment of the Tire Recycling business. Tire Recycling report is partitioned based on driving Tire Recycling players, application and regions. Tire recycling, or rubber recycling, is the process of
Vacuum Tire Market Scenario Highlighting Major Drivers & Trends, 2019 – 2025 | …
Vacuum Tire Industry research report delivers a close watch on leading competitors with strategic analysis, micro and macro market trend and scenarios, pricing analysis and a holistic overview of the market situations in the forecast period. It is a professional and a detailed report focusing on primary and secondary drivers, market share, leading segments and geographical analysis. Further, key players, major collaborations, merger & acquisitions along with trending innovation and
Tire derived Fuel Market | Top Key Players: Ragn-Sells Group, Liberty Tire Whole …
Market Research Report Search Engine (MRRSE) recently announced the addition of a new research study to its comprehensive collection of research reports. The research report, titled “Tire derived Fuel Market – Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2018 – 2026” offers a detailed analysis of the market providing insights into the market dynamics that are expected to influence the overall market positively in the next few years.
Global Tire derived Fuel Market Research Report 2018-2025 | Global Key -Liberty …
Looking at the current trends across the Tire derived Fuel market, a new study has been included to the wide database of Market Research Hub (MRH). The assessment is titled "Global Tire derived Fuel Market Insights, Forecast to 2025", which discourses the various market impacting factors like drivers, restraints and opportunities. Moreover, readers are informed about the competitive landscape which enlightens about the different players operating in the Tire derived