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Green Tires: Global Strategic Business Report

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    Report

  • 233 Pages
  • October 2022
  • Region: Global
  • Global Industry Analysts, Inc
  • ID: 4805019

Global Green Tires Market to Reach $193.9 Billion by 2027

In the changed post COVID-19 business landscape, the global market for Green Tires estimated at US$104.8 Billion in the year 2020, is projected to reach a revised size of US$193.9 Billion by 2027, growing at a CAGR of 9.2% over the analysis period 2020-2027. Silica Incorporated Rubber, one of the segments analyzed in the report, is projected to record a 9.2% CAGR and reach US$85.1 Billion by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Butyl Rubber segment is readjusted to a revised 9.8% CAGR for the next 7-year period.

The U.S. Market is Estimated at $31 Billion, While China is Forecast to Grow at 8.6% CAGR

The Green Tires market in the U.S. is estimated at US$31 Billion in the year 2020. China, the world's second largest economy, is forecast to reach a projected market size of US$33.6 Billion by the year 2027 trailing a CAGR of 8.6% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 8.5% and 7.5% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 7.5% CAGR.

Silane Incorporated Rubber Segment to Record 8.8% CAGR

In the global Silane Incorporated Rubber segment, USA, Canada, Japan, China and Europe will drive the 8.8% CAGR estimated for this segment. These regional markets accounting for a combined market size of US$14.4 Billion in the year 2020 will reach a projected size of US$26.1 Billion by the close of the analysis period. China will remain among the fastest growing in this cluster of regional markets.

Select Competitors (Total 19 Featured) -

  • Apollo Tyres Ltd.
  • Balkrishna Industries Limited (BKT)
  • Bridgestone Corporation
  • Cheng Shin Rubber Ind. Co., Ltd.
  • Continental AG
  • Cooper Tire & Rubber Company
  • Goodyear Tire & Rubber Company
  • Hankook Tire Co., Ltd.
  • Kenda Tires
  • Kumho Tire Co., Inc.
  • Michelin
  • MRF Ltd.
  • Nexen Group, Inc.
  • Nokian Tyres plc
  • Petlas
  • Pirelli & C. SpA
  • Sailun Tires
  • Shandong Linglong Tire Co., Ltd.
  • The Yokohama Rubber Co., Ltd.
  • Toyo Tires
  • ZHONGCE Rubber Group Co., Ltd.

What's New for 2022?

  • Global competitiveness and key competitor percentage market shares
  • Market presence across multiple geographies - Strong/Active/Niche/Trivial
  • Online interactive peer-to-peer collaborative bespoke updates
  • Access to digital archives and a Research Platform
  • Complimentary updates for one year
Frequently Asked Questions about the Global Market for Green Tires

What is the estimated value of the Global Market for Green Tires?

The Global Market for Green Tires was estimated to be valued at $104.8 Billion in 2020.

What is the growth rate of the Global Market for Green Tires?

The growth rate of the Global Market for Green Tires is 9.2%, with an estimated value of $193.9 Billion by 2027.

What is the forecasted size of the Global Market for Green Tires?

The Global Market for Green Tires is estimated to be worth $193.9 Billion by 2027.

Who are the key companies in the Global Market for Green Tires?

Key companies in the Global Market for Green Tires include Apollo Tyres Ltd., Balkrishna Industries Limited (BKT), Bridgestone Corporation, Cheng Shin Rubber Ind. Co., Ltd., Continental AG, Cooper Tire & Rubber Company, Goodyear Tire & Rubber Company, Hankook Tire Co., Ltd. and Kumho Tire Co., Inc..

Table of Contents

I. METHODOLOGYII. EXECUTIVE SUMMARY
1. MARKET OVERVIEW
  • Influencer Market Insights
  • Green Tires - Global Key Competitors Percentage Market Share in 2022 (E)
  • Impact of Covid-19 and a Looming Global Recession
  • Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2022 (E)
2. FOCUS ON SELECT PLAYERS3. MARKET TRENDS & DRIVERS
4. GLOBAL MARKET PERSPECTIVE
  • Table 1: World Recent Past, Current & Future Analysis for Passenger Cars by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2020 through 2027 and % CAGR
  • Table 2: World Historic Review for Passenger Cars by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2012 through 2019 and % CAGR
  • Table 3: World 15-Year Perspective for Passenger Cars by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2012, 2021 & 2027
  • Table 4: World Recent Past, Current & Future Analysis for On-Road by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2020 through 2027 and % CAGR
  • Table 5: World Historic Review for On-Road by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2012 through 2019 and % CAGR
  • Table 6: World 15-Year Perspective for On-Road by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2012, 2021 & 2027
  • Table 7: World Recent Past, Current & Future Analysis for Off-Road by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2020 through 2027 and % CAGR
  • Table 8: World Historic Review for Off-Road by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2012 through 2019 and % CAGR
  • Table 9: World 15-Year Perspective for Off-Road by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2012, 2021 & 2027
  • Table 10: World Green Tires Market Analysis of Annual Sales in US$ Million for Years 2012 through 2027
  • Table 11: World Recent Past, Current & Future Analysis for Green Tires by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2020 through 2027 and % CAGR
  • Table 12: World Historic Review for Green Tires by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2012 through 2019 and % CAGR
  • Table 13: World 15-Year Perspective for Green Tires by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets for Years 2012, 2021 & 2027
  • Table 14: World Recent Past, Current & Future Analysis for Silica Incorporated Rubber by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2020 through 2027 and % CAGR
  • Table 15: World Historic Review for Silica Incorporated Rubber by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2012 through 2019 and % CAGR
  • Table 16: World 15-Year Perspective for Silica Incorporated Rubber by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2012, 2021 & 2027
  • Table 17: World Recent Past, Current & Future Analysis for Butyl Rubber by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2020 through 2027 and % CAGR
  • Table 18: World Historic Review for Butyl Rubber by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2012 through 2019 and % CAGR
  • Table 19: World 15-Year Perspective for Butyl Rubber by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2012, 2021 & 2027
  • Table 20: World Recent Past, Current & Future Analysis for Silane Incorporated Rubber by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2020 through 2027 and % CAGR
  • Table 21: World Historic Review for Silane Incorporated Rubber by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2012 through 2019 and % CAGR
  • Table 22: World 15-Year Perspective for Silane Incorporated Rubber by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2012, 2021 & 2027
  • Table 23: World Recent Past, Current & Future Analysis for Other Raw Materials by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2020 through 2027 and % CAGR
  • Table 24: World Historic Review for Other Raw Materials by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2012 through 2019 and % CAGR
  • Table 25: World 15-Year Perspective for Other Raw Materials by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2012, 2021 & 2027
  • Table 26: World Recent Past, Current & Future Analysis for Light Commercial Vehicles by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2020 through 2027 and % CAGR
  • Table 27: World Historic Review for Light Commercial Vehicles by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2012 through 2019 and % CAGR
  • Table 28: World 15-Year Perspective for Light Commercial Vehicles by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2012, 2021 & 2027
  • Table 29: World Recent Past, Current & Future Analysis for Heavy Commercial Vehicles by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2020 through 2027 and % CAGR
  • Table 30: World Historic Review for Heavy Commercial Vehicles by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2012 through 2019 and % CAGR
  • Table 31: World 15-Year Perspective for Heavy Commercial Vehicles by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2012, 2021 & 2027
III. MARKET ANALYSIS
UNITED STATES
  • Green Tires Market Presence - Strong/Active/Niche/Trivial - Key Competitors in the United States for 2022 (E)
CANADA
JAPAN
  • Green Tires Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Japan for 2022 (E)
CHINA
  • Green Tires Market Presence - Strong/Active/Niche/Trivial - Key Competitors in China for 2022 (E)
EUROPE
  • Green Tires Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Europe for 2022 (E)
FRANCE
  • Green Tires Market Presence - Strong/Active/Niche/Trivial - Key Competitors in France for 2022 (E)
GERMANY
  • Green Tires Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Germany for 2022 (E)
ITALY
UNITED KINGDOM
  • Green Tires Market Presence - Strong/Active/Niche/Trivial - Key Competitors in the United Kingdom for 2022 (E)
REST OF EUROPE
ASIA-PACIFIC
  • Green Tires Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Asia-Pacific for 2022 (E)
REST OF WORLDIV. COMPETITION

Companies Mentioned

A selection of companies mentioned in this report includes:

  • Apollo Tyres Ltd.
  • Balkrishna Industries Limited (BKT)
  • Bridgestone Corporation
  • Cheng Shin Rubber Ind. Co., Ltd.
  • Continental AG
  • Cooper Tire & Rubber Company
  • Goodyear Tire & Rubber Company
  • Hankook Tire Co., Ltd.
  • Kenda Tires
  • Kumho Tire Co., Inc.
  • Michelin
  • MRF Ltd.
  • Nexen Group, Inc.
  • Nokian Tyres plc
  • Petlas
  • Pirelli & C. SpA
  • Sailun Tires
  • Shandong Linglong Tire Co., Ltd.
  • The Yokohama Rubber Co., Ltd.
  • Toyo Tires
  • ZHONGCE Rubber Group Co., Ltd.