Low rolling resistance tires are essentially green tires, and their use enhances fuel efficiency, vehicle performance, and safety, besides helping to bring about a reduction in vehicular emissions.
Low Rolling Resistance Tire Market contains market size and forecasts of Low Rolling Resistance Tire in global, including the following market information:
- Global Low Rolling Resistance Tire Market Revenue, 2017-2022, 2023-2028, ($ millions)
- Global Low Rolling Resistance Tire Market Sales, 2017-2022, 2023-2028, (K Units)
Global top five Low Rolling Resistance Tire companies in 2021 (%)
The global Low Rolling Resistance Tire market was valued at 10950 million in 2021 and is projected to reach US$ 27810 million by 2028, at a CAGR of 14.2% during the forecast period.
The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.
Passenger Cars Segment to Reach $ Million by 2028, with a % CAGR in next six years.
The global key manufacturers of Low Rolling Resistance Tire include Apollo Tyres, Bridgestone, Compagnie Generale des Etablissements Michelin, Continental, The Goodyear Tire and Rubber, Cooper Tire and Rubber and Falken Tire, etc. In 2021, the global top five players have a share approximately % in terms of revenue.
We surveyed the Low Rolling Resistance Tire manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Low Rolling Resistance Tire Market, by Type, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global Low Rolling Resistance Tire Market Segment Percentages, by Type, 2021 (%)
- Passenger Cars
- LCVs
- Others
Global Low Rolling Resistance Tire Market, by Application, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global Low Rolling Resistance Tire Market Segment Percentages, by Application, 2021 (%)
Global Low Rolling Resistance Tire Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global Low Rolling Resistance Tire Market Segment Percentages, By Region and Country, 2021 (%)
- North America
- US
- Canada
- Mexico
- Europe
- Germany
- France
- U.K.
- Italy
- Russia
- Nordic Countries
- Benelux
- Rest of Europe
- Asia
- China
- Japan
- South Korea
- Southeast Asia
- India
- Rest of Asia
- South America
- Brazil
- Argentina
- Rest of South America
- Middle East & Africa
- Turkey
- Israel
- Saudi Arabia
- UAE
- Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
- Key companies Low Rolling Resistance Tire revenues in global market, 2017-2022 (Estimated), ($ millions)
- Key companies Low Rolling Resistance Tire revenues share in global market, 2021 (%)
- Key companies Low Rolling Resistance Tire sales in global market, 2017-2022 (Estimated), (K Units)
- Key companies Low Rolling Resistance Tire sales share in global market, 2021 (%)
Further, the report presents profiles of competitors in the market, key players include:
- Apollo Tyres
- Bridgestone
- Compagnie Generale des Etablissements Michelin
- Continental
- The Goodyear Tire and Rubber
- Cooper Tire and Rubber
- Falken Tire
Industry Market Size
