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Green Tires Market Research Report - Forecast to 2023 Industry Survey, Growth, Competitive Landscape and Forecasts to 2023 PREPARED BY Market Research.

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Presentation on theme: "Green Tires Market Research Report - Forecast to 2023 Industry Survey, Growth, Competitive Landscape and Forecasts to 2023 PREPARED BY Market Research."— Presentation transcript:

1 Green Tires Market Research Report - Forecast to 2023 Industry Survey, Growth, Competitive Landscape and Forecasts to 2023 PREPARED BY Market Research Future (Part of Wantstats Research & Media Pvt. Ltd.)

2 www.marketresearchfuture.com2 Green Tires Market Research Report- Forecast to 2023 Vehicles are one of the largest contributors to air pollution across the world, producing significant amounts of nitrogen oxide, carbon monoxide, and other pollutants. Furthermore, air pollution levels are high due to the use of old and inefficient diesel vehicles and a lack of active public transport networks in developing nations. Vehicle fuel efficiency greatly affects air pollution. The higher the rolling resistance—the friction between the tire and road surface—of a vehicle’s tires, the more fuel is required to overcome the friction, leading to more pollutants being released. This has led companies to develop green tires, which reduce the rolling resistance while still ensuring driver safety and reducing emissions. While traditional tires are typically made of rubber, green tires are manufactured using raw materials such as silica incorporated rubber, butyl rubber, silica and silane incorporated rubber, silane incorporated rubber, recycled rubber, and renewable raw materials, among others. Increasing environmental awareness among consumers is a key driver for the growth of the Global Green Tires Market. Stringent regulations for vehicle emissions in developed regions such as North America and Europe are another major factor fueling product demand. Furthermore, rising per-capita income and a growing working population have led to increased automotive sales, especially in Asia-Pacific, driving the demand for green tires during the forecast period. However, technological restraints such as uncertainties regarding the choice of raw materials to be used and the all-season traction capabilities of green tires are expected to hamper the growth of the product market during the forecast period. Furthermore, a lack of awareness about green tires in emerging economies is also likely to hinder market growth. Green Tires Market - Overview

3 www.marketresearchfuture.com3 Green Tires Market Research Report- Forecast to 2023 The Global Green Tires Market has been segmented by Raw Material, Vehicle Type, Application and Region. On the basis of Raw Material, the Global Green Tires Market has been divided into silica incorporated rubbers, butyl rubber, silica and silane incorporated rubber, silane incorporated rubber, recycled rubber, renewable raw materials, and others. Based on Vehicle Type, the Global Green Tires Market has been segregated into passenger cars, light-duty vehicles, heavy-duty vehicles, motorcycles, aircraft, non-road diesel equipment, and others. On the basis of Application, the Global Green Tires Market has been categorized as on-road and off-road. View Full Report Description with TOC: https://www.marketresearchfuture.com/reports/green-tires-market-6340https://www.marketresearchfuture.com/reports/green-tires-market-6340 Segmental Analysis

4 www.marketresearchfuture.com4 Green Tires Market Research Report- Forecast to 2023 Regional Outlook The Global Green Tires Market has been analyzed with respect to five regions, namely, Asia-Pacific, North America, Europe, Latin America, and the Middle East & Africa. Europe held the largest market share of the Global Green Tires Market in 2017 and is expected to maintain its dominance during the forecast period. Stringent environmental regulations for vehicle emissions, awareness of the benefits of green tires, and the presence of an established automotive industry in Germany contribute to the growth of the market in the region. North America was the second-largest green tires market in 2017. Stringent regulations by the US Environmental Protection Agency (EPA) are positively influencing the product market in the region. Asia-Pacific is another major market for green tires due to the growth of the automotive industry in China. Furthermore, rising per-capita income and a growing working population are boosting regional automotive sales, especially in India and Japan. The market in the Middle East & Africa is expected to grow during the forecast period. Latin America held the smallest market share in 2017; moderate growth of the regional market is expected during the forecast period.

5 www.marketresearchfuture.com5 Green Tires Market Research Report- Forecast to 2023 Major Players in this Research Green Tires Market Prominent Players: Michelin (France) Lanxess (Germany) Evonik Industries AG (Germany) Bridgestone Americas Tire Operations, LLC (US) MRF (India) Apollo Tyres (India) the Goodyear Tire & Rubber Company (US) Hankook Tire (South Korea) Pirelli Tire North America LLC (US) PPG Industries, Inc. (US) Green Arc Tire Manufacturing Inc. (Canada) Sailun Tires (Canada) Cooper Tire & Rubber Company (US), and Nexen Tire America Inc. (US). Click For Report Sample: https://www.marketresearchfuture.com/sample_request/6340https://www.marketresearchfuture.com/sample_request/6340

6 www.marketresearchfuture.com6 ABOUT US MARKET RESEARCH FUTURE At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous- Feed Research (CFR), and Market Research & Consulting Services. MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by products, services, technologies, applications, end users, and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions. In order to stay updated with technology and work process of the industry, MRFR often plans & conducts meet with the industry experts and industrial visits for its research analyst members. For more information kindly visit www.marketresearchfuture.com or contact us at info@marketresearchfuture.comwww.marketresearchfuture.cominfo@marketresearchfuture.com Copyright © 2018 Market Research Future All Rights Reserved. This document contains highly confidential information and is the sole property of Market Research Future. No part of it may be circulated, copied, quoted, or otherwise reproduced without the written approval of Market Research Future.

7 www.marketresearchfuture.com7 MARKET RESEARCH FUTURE THANK YOU salesteam@marketresearchfuture.com Ph: +1-646-845-9349 (US) Ph: +44 208 133 9349 (UK)


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