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Global Green Tire Market In Terms Of Value Is Projected To Register A Growth Rate Of 20.63% CAGR During The Forecast Period 2017- 2023

Press release   •   Jul 22, 2019 06:59 EDT

Global Green Tire Market In Terms Of Value Is Projected To Register A Growth Rate Of 20.63% CAGR During The Forecast Period 2017- 2023

A new research report titled "Global green tire market" successfully exhibits the complete scenario of the global and an individual analysis of the various regional segments.

“Global green tire market” provides, wherever applicable and relevant, technical data of products, and sheds useful light on expected commercial production dates and current R&D status. This report will help the viewer in Better Decision Making.

This report provides an analysis of the latest trends in the industries in each sub-segment between 2019 and 2025 and forecasts revenue growth around the globe, the regional and the country levels. The research covers drivers and restraints of the worldwide green tire market. The effect of these drivers and limitations on green tire demand during the forecast period is also discussed. The study also shows worldwide and regional possibilities in the green tire market. For this research, we have segmented the green tire market report into a type, application/end-user and regional segment.

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This study offers a thorough assessment of price trends, government regulatory scenarios, value chain analysis, and major market players that offers an overview of the green tire industry worldwide. In order to help comprehend a competitive landscape on the market, Porter’s 5 Forces model for green tire is also included. The research includes market attraction assessment, in which different segments are evaluated in accordance with their market size, growth rate and overall appeal.

The market is studied for regions such as North America (U.S. and Canada), Europe (U.K., Germany, France, Spain, Italy and Rest of Europe), Asia Pacific (China, Japan, India, South Korea, Australia, and Rest of Asia Pacific), Latin America (Mexico, Brazil, ,and Rest of Latin America) and Middle East & Africa (GCC, South Africa, and Rest of Middle East & Africa).

Global Green Tire Market Research Report: Information by Sales Channel (Aftermarket and OEM), Vehicle Type (Passenger Car, Commercial Vehicle, and Others), Application (On-Road and Off-Road), and Region - Forecast till 2023

Market analysis

The global green tire market is relied upon to observe quick development during the gauge time frame. Europe is required to be the commanding district in the green tire market attributable to the nearness of driving global green tire producers, for example, Michelin, Continental AG, and Nokian Tires plc. These organizations are putting forth minimal effort and innovatively propelled green tires for expanding their piece of the pie, which is adding to the expanding utilization of green tires, all through the district. The ceaselessly rising interest for superior tires, particularly for substitution tires, is required to make rewarding chances to the green tire advertise during the conjecture time frame. Alongside this, increment in the clearance of the traveler autos and business vehicles, stringent government guidelines with respect to tire marking and emanations, and the expanding interest for eco-friendly tires are expected to further propel market growth. The global green tire market in terms of value is projected to register a growth rate of 20.63% CAGR during the forecast period 2017- 2023. 

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Market segmentation

The global green tire market is classified on the basis of its vehicle type, application, sales channel, and regional demand. On the basis of its vehicle type, the global green tire market is divided into commercial vehicle, passenger car, and others. Based on its sales channel, the global green tire market is segmented into aftermarket and OEM. Based on its application, the global green tire market is bifurcated into off-road and on-road.

Regional analysis

Geographically, the global green tire market is divided into global regions like Europe, North America, Asia- Pacific, Middle East, LATAM, and Africa.

Major players

Zhongce Rubber Group Co., Ltd (ZC-Rubber), and Nokian Tyres plc, Michelin, Bridgestone Corporation, The Goodyear Tire & Rubber Company, Continental AG, Hankook Tire, Pirelli & C. S.p.A., among others are some of the major players in the global green tire market.

Table Of Contents

Global Green Tire Market Research Report Forecast to 2023

1 Executive Summary
1.1 Market Attractive Analysis
1.2 Global Green Tire Market, By Vehicle Type
1.3 Global Green Tire Market, By Application
1.4 Global Green Tire Market, By Sales Channel
2 Market Introduction
2.1 Definition
2.2 Scope of the Study
2.3 List of Assumptions
2.4 Market Structure
2.5 Macro Factor Indicator Analyses
2.6 Key Buying Criteria
3 Research Methodology
3.1 Research Process
3.2 Primary Research
3.3 Secondary Research
3.4 Market Size Estimation
3.5 Forecast Model
4 Market Insights
5 Market Dynamics
5.1 Introduction
5.2 Drivers
5.2.1 Environmental Awareness
5.2.2 Government Regulations Regarding Tire Labeling
5.2.3 Increase in Demand for Fuel-Efficient Tires
5.2.4 Growth of the Aftermarket
5.3 Drivers Impact Analysis
5.4 Restraint
5.4.1 High Prices of Green Tires
5.5 Restraint Impact Analysis
5.6 Opportunity
5.6.1 Growth in Demand within Fleets
6 Market Factor Analysis
6.1 Porter’s Five Forces Model
6.1.1 Threat of New Entrants
6.1.2 Bargaining Power of Suppliers
6.1.3 Bargaining Power of Buyers
6.1.4 Threat of Substitutes
6.1.5 Rivalry
6.2 Value Chain Analysis
6.2.1 Inbound Logistics
6.2.2 Operations
6.2.3 Outbound Logistics
6.2.4 Marketing and Sales
6.2.5 Services
6.2.6 Support Activities
6.3 Technology Trends
6.3.1 Integration of New Materials
6.3.2 Reduction in Rolling Resistance
6.3.3 Green Tires for Electric Vehicles
6.4 Regulatory Landscape
6.5 Patent Trends: Green Tire
7 Global Green Tire Market, by Vehicle Type
7.1 Overview
7.2 Passenger Car
7.3 Commercial Vehicle
7.4 Other (Off road vehicle, Two-Wheeler, Agriculture vehicle, Construction machinery)
8 Global Green Tire Market, By Application
8.1 Overview
8.2 On-road
8.3 Off-road
9 Global Green Tire Market, By Sales Channel
9.1 Overview
9.2 OEM
9.3 Aftermarket
10 Global Green Tire Market, by Region
10.1 Introduction
10.2 Europe
10.2.1 Germany
10.2.2 UK
10.2.3 France
10.2.4 Italy
10.2.5 Rest of Europe
10.3 North America
10.3.1 US
10.3.2 Canada
10.4 Asia-Pacific
10.4.1 China
10.4.2 Japan
10.4.3 India
10.4.4 Rest of Asia-Pacific
10.5 Rest of the World
10.5.1 Middle East and Africa
10.5.2 Latin America
11 Competitive Landscape
11.1 Competitive Overview
11.2 Competitive Benchmarking
11.3 Key Growth Analysis
11.4 Leading Players (in Terms of the Number of Developments) in the Green Tire Market
12 Company Profiles
12.1 Michelin
12.1.1 Company Overview
12.1.2 Financial Overview
12.1.3 Products/Services Offered
12.1.4 Key Developments (2015–2019)
12.1.5 SWOT Analysis
12.1.6 Key Strategies
12.2 Bridgestone Corporation
12.2.1 Company Overview
12.2.2 Financial Overview
12.2.3 Products/Services Offered
12.2.4 Key Developments (2015–2019)
12.2.5 SWOT Analysis
12.2.6 Key Strategies
12.3 The Goodyear Tire & Rubber Company
12.3.1 Company Overview
12.3.2 Financial Overview
12.3.3 Products/Services Offered
12.3.4 Key Developments (2015–2019)
12.3.5 SWOT Analysis
12.3.6 Key Strategies
12.4 Continental AG
12.4.1 Company Overview
12.4.2 Financial Overview
12.4.3 Products/Services Offered
12.4.4 Key Developments (2015–2019)
12.4.5 SWOT Analysis
12.4.6 Key Strategies
12.5 Hankook Tire
12.5.1 Company Overview
12.5.2 Financial Overview
12.5.3 Products/Services Offered
12.5.4 Key Developments (2015–2019)
12.5.5 SWOT Analysis
12.5.6 Key Strategies
12.6 Pirelli & C. S.p.A.
12.6.1 Company Overview
12.6.2 Financial Overview
12.6.3 Products/Services Offered
12.6.4 Key Developments (2015–2019)
12.6.5 SWOT Analysis
12.6.6 Key Strategies
12.7 Cheng Shin Rubber Ind. Co. Ltd. (Cheng Shin Tire)
12.7.1 Company Overview
12.7.2 Financial Overview
12.7.3 Products/Services Offered
12.7.4 Key Developments (2015–2019)
12.7.5 SWOT Analysis
12.7.6 Key Strategies
12.8 Kumho Tire
12.8.1 Company Overview
12.8.2 Financial Overview
12.8.3 Products/Services Offered
12.8.4 Key Developments (2015–2019)
12.8.5 SWOT Analysis
12.8.6 Key Strategies
12.9 Zhongce Rubber Group Co., Ltd (ZC-Rubber)
12.9.1 Company Overview
12.9.2 Financial Overview
12.9.3 Products/Services Offered
12.9.4 Key Developments (2015–2019)
12.9.5 SWOT Analysis
12.9.6 Key Strategies
12.1 Nokian Tyres plc
12.10.1 Company Overview
12.10.2 Financial Overview
12.10.3 Products/Services Offered
12.10.4 Key Developments (2015–2019)
12.10.5 SWOT Analysis
12.10.6 Key Strategies
13 Appendix
13.1 References
13.2 Related Reports
13.3 List of Abbreviation

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