Worldwide Green Tire market is valued at 70300 million US$ in 2018 is expected to reach 158500 million US$ by the end of 2025, growing at a CAGR of 10.7% during 2019-2025 | Industry Leaders Covered | Michelin, Bridgestone, Continental, Pirelli, Goodyear, Shanghai Huayi, Sumitomo Rubber Industries, ZC Rubber, Yokohama, Nokian Tyres, Hankook, Maxxis, Triangle Group|
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.
The global Green Tire market is valued at 70300 million US$ in 2018 is expected to reach 158500 million US$ by the end of 2025, growing at a CAGR of 10.7% during 2019-2025.
This report focuses on Green Tire volume and value at global level, regional level and company level. From a global perspective, this report represents overall Green Tire market size by analyzing historical data and future prospect. Regionally, this report focuses on several key regions: North America, Europe, China and Japan.
At company level, this report focuses on the production capacity, ex-factory price, revenue and market share for each manufacturer covered in this report.
The report includes an in-depth analysis of the competitive landscape of this business vertical, constituting manufacturers like:
Sumitomo Rubber Industries
Market Segment by Regions includes:
Products Segmentation, this report displays the production, revenue, price, market share, and growth rate of each type as below:
By Industrial Application, the market can be split into:
Light Commercial Vehicle
Heavy Commercial Vehicle
Global Green Tire Market Research Report 2019 is a professional and in-depth study and available exclusively through Trusted Business Insights. Annual estimates and forecasts are provided for the period 2019 through 2025. Also, a five-year historic analysis is provided for these markets in this 83 pages report.
This market report provides in-depth analytics of the Green Tire industry including definition, classification, application and industry chain structure. The report focuses on global major leading industry players with information such as company profiles, product picture and specifications, sales, market share, and contact information.
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