Press release
Green Tires Market - Research Study, Analysis, Advancements, Opportunity Analysis, and Forecast 2014-2025
Green Tires Market
According to Lanxess, vehicle with green tires moving at 80 km/h reduce shorter braking distance by up to 21 meters as compared to normal tires. Moreover, it is estimated that fitting green tires in all vehicles, worldwide, could result in annual savings of around 20 billion liters of fuel and nearly 50 million metric tons of CO2 emissions. Thus, the global green tires market is expected to grow a significant rate across the globe.
The Green Tires Market is expected to grow at a CAGR of 9.2% from 2017 to 2025.
Green Tires Market By Application Modes
On-road
Off-road
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Green Tires Market Dynamics:
Drivers:
Stringent environmental laws and regulation
Rise in price of gasoline and diesel
Increasing demand for eco-friendly vehicles and component
Restraints:
Lack of technological advancement
Fluctuating prices of raw material
Market Players:
The top players in the green tires market include PPG Industries Inc., Michelin, The Goodyear Tire & Rubber Co., Bridgestone Corporation, Lanxess, Green Arc Tire Manufacturing Inc., Pirelli Tire LLC, Continental AG, Vittoria, and Pyrolyx AG.
Green Tires Market By Vehicle Type
Two Wheelers
Passenger Cars
Commercial Vehicles
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Green Tires Market By Geography
North America
U.S.
Canada
Mexico
Europe
UK
Germany
France
Spain
Italy
Rest of Europe
Asia-Pacific
China
Japan
India
Australia
South Korea
Rest of Asia-Pacific
LAMEA
Brazil
Saudi Arabia
South Africa
Rest of LAMEA
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Table of Content Contain
Executive summary
Key Findings
1.2. Market Attractiveness and Trend Analysis
1.3. Competitive Landscape and Recent Industry Development Analysis
Introduction
Report Description
2.2. Scope and Definitions
2.3. Research Methodology
Market landscape
Growth Drivers
3.1.1. Impact Analysis
3.2. Restrains and Challenges
3.2.1. Impact Analysis
3.3. Porter’s Analysis
3.3.1. Bargaining power of buyers
3.3.2. Bargaining power of suppliers
3.3.3. Threat of substitutes
3.3.4. Industry rivalry
3.3.5. Threat of new entrants
3.4. Green Tires Market Shares Analysis, 2014-2025
Continued…
List of Tables
Contain 29 Tables
List of Figures
Contain 43 Figures
Discount on Full Report: https://www.progressivemarkets.com/get-discount/green-tires-market
About Us
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