Global Green Tires Market Size Study & Forecast, by Vehicle (Passenger Cars, Light Commercial Vehicles, Heavy Trucks, Buses & Coaches), Application (On Road, Off Road) and Regional Forecasts 2025-2035

Description

The Global Green Tires Market is valued at approximately USD 138.9 million in 2024 and is projected to witness a strong compound annual growth rate of around 12.0% throughout the forecast period of 2025-2035. Green tires are engineered using sustainable raw materials, advanced silica-based compounds, and energy-efficient manufacturing processes that collectively reduce rolling resistance and carbon emissions. As the automotive ecosystem increasingly pivots toward sustainability, green tires are being brought into focus as a practical, near-term solution that enhances fuel efficiency while aligning with global decarbonization goals. Their ability to balance performance, durability, and environmental responsibility is steadily reshaping procurement decisions across OEMs and aftermarket channels alike.

Market expansion is being propelled by tightening emission regulations, rising fuel efficiency standards, and heightened consumer awareness around eco-friendly mobility solutions. Automakers are actively phasing green tires into original equipment fitments to comply with regulatory benchmarks and strengthen their sustainability credentials. Simultaneously, tire manufacturers are doubling down on material science innovations, rolling out advanced tread designs and renewable polymers that cut down energy losses without compromising safety. However, higher production costs and limited awareness in developing regions continue to temper adoption rates, even as long-term benefits increasingly outweigh short-term pricing concerns.

The detailed segments and sub-segments included in the report are:

By Vehicle:

Passenger Cars
Light Commercial Vehicles
Heavy Trucks
Buses & Coaches

By Application:

On Road
Off Road

By Region:

North America

U.S.
Canada

Europe

UK
Germany
France
Spain
Italy
ROE

Asia Pacific

China
India
Japan
Australia
South Korea
RoAPAC

Latin America

Brazil
Mexico

Middle East & Africa

UAE
Saudi Arabia
South Africa
Rest of Middle East & Africa

Passenger cars are expected to dominate the global green tires market over the forecast horizon, accounting for the largest share of overall demand. This dominance is closely tied to rising passenger vehicle production, increasing penetration of fuel-efficient models, and mounting regulatory pressure on automakers to curb lifecycle emissions. As urban mobility continues to expand and private vehicle ownership grows in emerging economies, green tires are being increasingly taken up as a default choice for new passenger cars, particularly within mid-range and premium segments. While commercial vehicles are also gaining traction, passenger cars remain the primary growth engine due to their sheer volume and faster technology adoption cycles.

From a revenue standpoint, on-road applications currently lead the green tires market, driven by their extensive use across passenger cars and commercial fleets operating on highways and urban roads. On-road green tires benefit from lower rolling resistance, which directly translates into fuel savings and reduced operating costs, making them attractive to both consumers and fleet operators. Off-road applications, while smaller in size, are gradually gaining momentum as manufacturers develop rugged yet sustainable tire solutions tailored for construction, mining, and agricultural vehicles. This evolving mix underscores a market that is broadening in scope while remaining anchored in on-road mobility.

Regionally, Europe commands a prominent position in the global green tires market, supported by stringent environmental regulations, strong consumer environmental awareness, and early adoption of sustainable automotive technologies. North America follows closely, driven by corporate sustainability initiatives, growing EV adoption, and fuel efficiency mandates. Asia Pacific is anticipated to be the fastest-growing region during the forecast period, fueled by rapid vehicle production growth, expanding middle-class populations, and increasing regulatory focus on emission reduction in countries such as China and India. Meanwhile, Latin America and the Middle East & Africa are emerging gradually, supported by infrastructure development and rising interest in cost-efficient, fuel-saving tire solutions.

Major market players included in this report are:

Michelin Group
Bridgestone Corporation
Continental AG
Goodyear Tire & Rubber Company
Pirelli & C. S.p.A.
Hankook Tire & Technology Co., Ltd.
Yokohama Rubber Company
Sumitomo Rubber Industries, Ltd.
Toyo Tire Corporation
Kumho Tire Co., Inc.
Apollo Tyres Ltd.
CEAT Limited
Maxxis International
Nokian Tyres plc
Giti Tire

Global Green Tires Market Report Scope:

Historical Data - 2023, 2024
Base Year for Estimation - 2024
Forecast period - 2025-2035
Report Coverage - Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends
Regional Scope - North America; Europe; Asia Pacific; Latin America; Middle East & Africa
Customization Scope - Free report customization (equivalent to up to 8 analysts' working hours) with purchase. Addition or alteration to country, regional & segment scope*

The objective of the study is to define and analyze the market size of the global green tires industry across key vehicle types and applications in recent years, while forecasting its performance through 2035. The report integrates qualitative insights with quantitative analysis to provide a comprehensive understanding of market dynamics, competitive intensity, and technological evolution. It further outlines critical growth drivers, challenges, and untapped opportunities at both regional and segment levels, enabling stakeholders to align long-term strategies with the accelerating shift toward sustainable mobility.

Key Takeaways:

Market estimates and forecasts spanning 2025 to 2035.
Annualized revenue assessment at global and regional levels.
Detailed geographical analysis with country-level insights.
In-depth competitive landscape profiling leading manufacturers.
Strategic evaluation of business approaches and future growth pathways.
Comprehensive demand-side and supply-side market analysis.

Chapter 1. Global Green Tires Market Report Scope & Methodology

1.1. Research Objective
1.2. Research Methodology
- 1.2.1. Forecast Model
- 1.2.2. Desk Research
- 1.2.3. Top Down and Bottom-Up Approach
1.3. Research Attributes
1.4. Scope of the Study
- 1.4.1. Market Definition
- 1.4.2. Market Segmentation
1.5. Research Assumption
- 1.5.1. Inclusion & Exclusion
- 1.5.2. Limitations
- 1.5.3. Years Considered for the Study

Chapter 2. Executive Summary

2.1. CEO/CXO Standpoint
2.2. Strategic Insights
2.3. ESG Analysis
2.4. key Findings

Chapter 3. Global Green Tires Market Forces Analysis

3.1. Market Forces Shaping The Global Green Tires Market (2024-2035)
3.2. Drivers
- 3.2.1. rising fuel efficiency standards
- 3.2.2. Increasing tightening emission regulations
3.3. Restraints
- 3.3.1. higher production costs and limited awareness
3.4. Opportunities
- 3.4.1. rolling out advanced tread designs

Chapter 4. Global Green Tires Industry Analysis

4.1. Porter's 5 Forces Model
- 4.1.1. Bargaining Power of Buyer
- 4.1.2. Bargaining Power of Supplier
- 4.1.3. Threat of New Entrants
- 4.1.4. Threat of Substitutes
- 4.1.5. Competitive Rivalry
4.2. Porter's 5 Force Forecast Model (2024-2035)
4.3. PESTEL Analysis
- 4.3.1. Political
- 4.3.2. Economical
- 4.3.3. Social
- 4.3.4. Technological
- 4.3.5. Environmental
- 4.3.6. Legal
4.4. Top Investment Opportunities
4.5. Top Winning Strategies (2025)
4.6. Market Share Analysis (2024-2025)
4.7. Global Pricing Analysis And Trends 2025
4.8. Analyst Recommendation & Conclusion

Chapter 5. Global Green Tires Market Size & Forecasts by Vehicle 2025-2035

5.1. Market Overview
5.2. Global Green Tires Market Performance - Potential Analysis (2025)
5.3. Passenger Cars
- 5.3.1. Top Countries Breakdown Estimates & Forecasts, 2024-2035
- 5.3.2. Market size analysis, by region, 2025-2035
5.4. Light Commercial Vehicles
- 5.4.1. Top Countries Breakdown Estimates & Forecasts, 2024-2035
- 5.4.2. Market size analysis, by region, 2025-2035
5.5. Heavy Trucks
- 5.5.1. Top Countries Breakdown Estimates & Forecasts, 2024-2035
- 5.5.2. Market size analysis, by region, 2025-2035
5.6. Buses & Coaches
- 5.6.1. Top Countries Breakdown Estimates & Forecasts, 2024-2035
- 5.6.2. Market size analysis, by region, 2025-2035

Chapter 6. Global Green Tires Market Size & Forecasts by Application 2025-2035

6.1. Market Overview
6.2. Global Green Tires Market Performance - Potential Analysis (2025)
6.3. On Road
- 6.3.1. Top Countries Breakdown Estimates & Forecasts, 2024-2035
- 6.3.2. Market size analysis, by region, 2025-2035
6.4. Off Road
- 6.4.1. Top Countries Breakdown Estimates & Forecasts, 2024-2035
- 6.4.2. Market size analysis, by region, 2025-2035

Chapter 7. Global Green Tires Market Size & Forecasts by Region 2025-2035

7.1. Growth Green Tires Market, Regional Market Snapshot
7.2. Top Leading & Emerging Countries
7.3. North America Green Tires Market
- 7.3.1. U.S. Green Tires Market
  - 7.3.1.1. Vehicle breakdown size & forecasts, 2025-2035
  - 7.3.1.2. Application breakdown size & forecasts, 2025-2035
- 7.3.2. Canada Green Tires Market
  - 7.3.2.1. Vehicle breakdown size & forecasts, 2025-2035
  - 7.3.2.2. Application breakdown size & forecasts, 2025-2035
7.4. Europe Green Tires Market
- 7.4.1. UK Green Tires Market
  - 7.4.1.1. Vehicle breakdown size & forecasts, 2025-2035
  - 7.4.1.2. Application breakdown size & forecasts, 2025-2035
- 7.4.2. Germany Green Tires Market
  - 7.4.2.1. Vehicle breakdown size & forecasts, 2025-2035
  - 7.4.2.2. Application breakdown size & forecasts, 2025-2035
- 7.4.3. France Green Tires Market
  - 7.4.3.1. Vehicle breakdown size & forecasts, 2025-2035
  - 7.4.3.2. Application breakdown size & forecasts, 2025-2035
- 7.4.4. Spain Green Tires Market
  - 7.4.4.1. Vehicle breakdown size & forecasts, 2025-2035
  - 7.4.4.2. Application breakdown size & forecasts, 2025-2035
- 7.4.5. Italy Green Tires Market
  - 7.4.5.1. Vehicle breakdown size & forecasts, 2025-2035
  - 7.4.5.2. Application breakdown size & forecasts, 2025-2035
- 7.4.6. Rest of Europe Green Tires Market
  - 7.4.6.1. Vehicle breakdown size & forecasts, 2025-2035
  - 7.4.6.2. Application breakdown size & forecasts, 2025-2035
7.5. Asia Pacific Green Tires Market
- 7.5.1. China Green Tires Market
  - 7.5.1.1. Vehicle breakdown size & forecasts, 2025-2035
  - 7.5.1.2. Application breakdown size & forecasts, 2025-2035
- 7.5.2. India Green Tires Market
  - 7.5.2.1. Vehicle breakdown size & forecasts, 2025-2035
  - 7.5.2.2. Application breakdown size & forecasts, 2025-2035
- 7.5.3. Japan Green Tires Market
  - 7.5.3.1. Vehicle breakdown size & forecasts, 2025-2035
  - 7.5.3.2. Application breakdown size & forecasts, 2025-2035
- 7.5.4. Australia Green Tires Market
  - 7.5.4.1. Vehicle breakdown size & forecasts, 2025-2035
  - 7.5.4.2. Application breakdown size & forecasts, 2025-2035
- 7.5.5. South Korea Green Tires Market
  - 7.5.5.1. Vehicle breakdown size & forecasts, 2025-2035
  - 7.5.5.2. Application breakdown size & forecasts, 2025-2035
- 7.5.6. Rest of APAC Green Tires Market
  - 7.5.6.1. Vehicle breakdown size & forecasts, 2025-2035
  - 7.5.6.2. Application breakdown size & forecasts, 2025-2035
7.6. Latin America Green Tires Market
- 7.6.1. Brazil Green Tires Market
  - 7.6.1.1. Vehicle breakdown size & forecasts, 2025-2035
  - 7.6.1.2. Application breakdown size & forecasts, 2025-2035
- 7.6.2. Mexico Green Tires Market
  - 7.6.2.1. Vehicle breakdown size & forecasts, 2025-2035
  - 7.6.2.2. Application breakdown size & forecasts, 2025-2035
7.7. Middle East and Africa Green Tires Market
- 7.7.1. UAE Green Tires Market
  - 7.7.1.1. Vehicle breakdown size & forecasts, 2025-2035
  - 7.7.1.2. Application breakdown size & forecasts, 2025-2035
- 7.7.2. Saudi Arabia (KSA) Green Tires Market
  - 7.7.2.1. Vehicle breakdown size & forecasts, 2025-2035
  - 7.7.2.2. Application breakdown size & forecasts, 2025-2035
- 7.7.3. South Africa Green Tires Market
  - 7.7.3.1. Vehicle breakdown size & forecasts, 2025-2035
  - 7.7.3.2. Application breakdown size & forecasts, 2025-2035

Chapter 8. Competitive Intelligence

8.1. Top Market Strategies
8.2. Michelin Group
- 8.2.1. Company Overview
- 8.2.2. Key Executives
- 8.2.3. Company Snapshot
- 8.2.4. Financial Performance (Subject to Data Availability)
- 8.2.5. Product/Services Port
- 8.2.6. Recent Development
- 8.2.7. Market Strategies
- 8.2.8. SWOT Analysis
8.3. Bridgestone Corporation
8.4. Continental AG
8.5. Goodyear Tire & Rubber Company
8.6. Pirelli & C. S.p.A.
8.7. Hankook Tire & Technology Co., Ltd.
8.8. Yokohama Rubber Company
8.9. Sumitomo Rubber Industries, Ltd.
8.10. Toyo Tire Corporation
8.11. Kumho Tire Co., Inc.
8.12. Apollo Tyres Ltd.
8.13. CEAT Limited
8.14. Maxxis International
8.15. Nokian Tyres plc
8.16. Giti Tire