PUBLISHER: KBV Research | PRODUCT CODE: 1384794
PUBLISHER: KBV Research | PRODUCT CODE: 1384794
Europe Green Tire Market Size, Share & Industry Trends Analysis Report By Type (On-road Tires, and Off-road Tires), By Application, By Sales Channel (OEM, and Aftermarket), By Tire Size, By Country and Growth Forecast, 2023 - 2030
The Europe Green Tire Market would witness market growth of 8.0% CAGR during the forecast period (2023-2030).
The applications of green tires extend far beyond the passenger vehicle segment, encompassing a wide range of vehicles and industries. Green tires have become the standard choice for passenger vehicles seeking improved fuel efficiency and reduced carbon emissions. They offer a smooth and eco-friendly ride for daily commuting and long-distance travel. The transportation industry, including trucks, buses, and delivery vans, has embraced green tires to lower operational costs, increase fuel efficiency, and reduce emissions. Fleet operators appreciate the long-term savings and environmental benefits.
Additionally, aircraft manufacturers are exploring using green tires for landing gear to enhance fuel efficiency and reduce weight, contributing to eco-friendly aviation practices. These are making inroads in agriculture, where fuel efficiency and minimizing soil compaction are paramount. These tires enable farmers to reduce fuel consumption and tread lightly on the land. Even in heavy-duty applications such as construction and mining, green tires are being adopted to enhance fuel efficiency and reduce environmental impact while maintaining robust durability.
According to the report titled SDG 12 - Responsible Consumption and Production, released by Eurostat, continuous growth in the consumption of finite resources harms the environment and significantly contributes to climate change. The European Union (EU) has unveiled a new growth strategy named the European Green Deal to address this problem. Moreover, passenger cars are responsible for a considerable share of the EU's total greenhouse gas (GHG) emissions. To cut these emissions, the EU has established goals for the fleet-wide average emissions of new passenger automobiles. According to the average mass of each manufacturer's new vehicle fleet, a legally binding particular emission target is established, ensuring that the EU's overall objective for average fleet emissions is met. All these factors will help in the region's future growth of the market.
The Germany market dominated the Europe Green Tire Market by Country in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $3,808 million by 2030. The UK market is exhibiting a CAGR of 7% during (2023 - 2030). Additionally, The France market would experience a CAGR of 8.8% during (2023 - 2030).
Based on Type, the market is segmented into On-road Tires, and Off-road Tires. Based on Application, the market is segmented into Passenger Cars, and Commercial Vehicle. Based on Sales Channel, the market is segmented into OEM, and Aftermarket. Based on Tire Size, the market is segmented into 15 inch, 16 inch, 17 inch, and 18 inch. Based on countries, the market is segmented into Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Zhongce Rubber Group Co., Limited, Toyo Tire Corporation, Nokian Tyres plc, MRF Limited, Continental AG, Bridgestone Corporation, Pirelli & C. S.p.A., The Goodyear Tire & Rubber Company, Hankook Tire & Technology and The Yokohama Rubber Co., Ltd.
Scope of the Study
Market Segments covered in the Report:
By Type
- On-road Tires
- Off-road Tires
By Application
- Passenger Cars
- Commercial Vehicle
By Sales Channel
- OEM
- Aftermarket
By Tire Size
- 15 inch
- 16 inch
- 17 inch
- 18 inch
By Country
- Germany
- UK
- France
- Russia
- Spain
- Italy
- Rest of Europe
Companies Profiled
- Zhongce Rubber Group Co., Limited
- Toyo Tire Corporation
- Nokian Tyres plc
- MRF Limited
- Continental AG
- Bridgestone Corporation
- Pirelli & C. S.p.A.
- The Goodyear Tire & Rubber Company
- Hankook Tire & Technology
- The Yokohama Rubber Co., Ltd.
Unique Offerings from KBV Research
- Exhaustive coverage
- Highest number of market tables and figures
- Subscription based model available
- Guaranteed best price
- Assured post sales research support with 10% customization free
Table of Contents
Chapter 1. Market Scope & Methodology
- 1.1 Market Definition
- 1.2 Objectives
- 1.3 Market Scope
- 1.4 Segmentation
- 1.4.1 Europe Green Tire Market, by Type
- 1.4.2 Europe Green Tire Market, by Application
- 1.4.3 Europe Green Tire Market, by Sales Channel
- 1.4.4 Europe Green Tire Market, by Tire Size
- 1.4.5 Europe Green Tire Market, by Country
- 1.5 Methodology for the research
Chapter 2. Market at a Glance
- 2.1 Key Highlights
Chapter 3. Market Overview
- 3.1 Introduction
- 3.1.1 Overview
- 3.1.1.1 Market Composition and Scenario
- 3.1.1 Overview
- 3.2 Key Factors Impacting the Market
- 3.2.1 Market Drivers
- 3.2.2 Market Restraints
- 3.3 Porter's Five Forces Analysis
Chapter 4. Strategies Developed in Green Tire Market
Chapter 5. Europe Green Tire Market by Type
- 5.1 Europe On-road Tires Market by Country
- 5.2 Europe Off-road Tires Market by Country
Chapter 6. Europe Green Tire Market by Application
- 6.1 Europe Passenger Cars Market by Country
- 6.2 Europe Commercial Vehicle Market by Country
Chapter 7. Europe Green Tire Market by Sales Channel
- 7.1 Europe OEM Market by Country
- 7.2 Europe Aftermarket Market by Country
Chapter 8. Europe Green Tire Market by Tire Size
- 8.1 Europe 15 inch Market by Country
- 8.2 Europe 16 inch Market by Country
- 8.3 Europe 17 inch Market by Country
- 8.4 Europe 18 inch Market by Country
Chapter 9. Europe Green Tire Market by Country
- 9.1 Germany Green Tire Market
- 9.1.1 Germany Green Tire Market by Type
- 9.1.2 Germany Green Tire Market by Application
- 9.1.3 Germany Green Tire Market by Sales Channel
- 9.1.4 Germany Green Tire Market by Tire Size
- 9.2 UK Green Tire Market
- 9.2.1 UK Green Tire Market by Type
- 9.2.2 UK Green Tire Market by Application
- 9.2.3 UK Green Tire Market by Sales Channel
- 9.2.4 UK Green Tire Market by Tire Size
- 9.3 France Green Tire Market
- 9.3.1 France Green Tire Market by Type
- 9.3.2 France Green Tire Market by Application
- 9.3.3 France Green Tire Market by Sales Channel
- 9.3.4 France Green Tire Market by Tire Size
- 9.4 Russia Green Tire Market
- 9.4.1 Russia Green Tire Market by Type
- 9.4.2 Russia Green Tire Market by Application
- 9.4.3 Russia Green Tire Market by Sales Channel
- 9.4.4 Russia Green Tire Market by Tire Size
- 9.5 Spain Green Tire Market
- 9.5.1 Spain Green Tire Market by Type
- 9.5.2 Spain Green Tire Market by Application
- 9.5.3 Spain Green Tire Market by Sales Channel
- 9.5.4 Spain Green Tire Market by Tire Size
- 9.6 Italy Green Tire Market
- 9.6.1 Italy Green Tire Market by Type
- 9.6.2 Italy Green Tire Market by Application
- 9.6.3 Italy Green Tire Market by Sales Channel
- 9.6.4 Italy Green Tire Market by Tire Size
- 9.7 Rest of Europe Green Tire Market
- 9.7.1 Rest of Europe Green Tire Market by Type
- 9.7.2 Rest of Europe Green Tire Market by Application
- 9.7.3 Rest of Europe Green Tire Market by Sales Channel
- 9.7.4 Rest of Europe Green Tire Market by Tire Size
Chapter 10. Company Profiles
- 10.1 Zhongce Rubber Group Co., Limited
- 10.1.1 Company Overview
- 10.1.2 SWOT Analysis
- 10.2 Toyo Tire Corporation
- 10.2.1 Company Overview
- 10.2.2 Financial Analysis
- 10.2.3 Segmental and Regional Analysis
- 10.2.4 Research & Development Expenses
- 10.2.5 Recent strategies and developments:
- 10.2.5.1 Partnerships, Collaborations, and Agreements:
- 10.2.6 SWOT Analysis
- 10.3 Nokian Tyres plc
- 10.3.1 Company Overview
- 10.3.2 Financial Analysis
- 10.3.3 Segmental and Regional Analysis
- 10.3.4 Research & Development Expenses
- 10.3.5 SWOT Analysis
- 10.4 MRF Limited
- 10.4.1 Company Overview
- 10.4.2 Financial Analysis
- 10.4.3 Research & Development Expenses
- 10.4.4 SWOT Analysis
- 10.5 Continental AG
- 10.5.1 Company Overview
- 10.5.2 Financial Analysis
- 10.5.3 Segmental and Regional Analysis
- 10.5.4 Research & Development Expense
- 10.5.5 Recent strategies and developments:
- 10.5.5.1 Product Launches and Product Expansions:
- 10.5.5.2 Acquisition and Mergers:
- 10.5.6 SWOT Analysis
- 10.6 Bridgestone Corporation
- 10.6.1 Company Overview
- 10.6.2 Financial Analysis
- 10.6.3 Segmental Analysis
- 10.6.4 Recent strategies and developments:
- 10.6.4.1 Partnerships, Collaborations, and Agreements:
- 10.6.5 SWOT Analysis
- 10.7 Pirelli & C. S.p.A.
- 10.7.1 Company Overview
- 10.7.2 Financial Analysis
- 10.7.3 Regional Analysis
- 10.7.4 Research & Development Expenses
- 10.7.5 SWOT Analysis
- 10.8 The Goodyear Tire & Rubber Company
- 10.8.1 Company Overview
- 10.8.2 Financial Analysis
- 10.8.3 Segmental and Regional Analysis
- 10.8.4 Research & Development Expenses
- 10.8.5 Recent strategies and developments:
- 10.8.5.1 Acquisition and Mergers:
- 10.8.6 SWOT Analysis
- 10.9 Hankook Tire & Technology
- 10.9.1 Company Overview
- 10.9.2 Financial Analysis
- 10.9.3 Regional Analysis
- 10.9.4 Recent strategies and developments:
- 10.9.4.1 Product Launches and Product Expansions:
- 10.9.5 SWOT Analysis
- 10.10. The Yokohama Rubber Co., Ltd.
- 10.10.1 Company Overview
- 10.10.2 Financial Analysis
- 10.10.3 Segmental Analysis
- 10.10.4 Recent strategies and developments:
- 10.10.4.1 Acquisition and Mergers:
- 10.10.5 SWOT Analysis
LIST OF TABLES
- TABLE 1 Europe Green Tire Market, 2019 - 2022, USD Million
- TABLE 2 Europe Green Tire Market, 2023 - 2030, USD Million
- TABLE 3 Europe Green Tire Market by Type, 2019 - 2022, USD Million
- TABLE 4 Europe Green Tire Market by Type, 2023 - 2030, USD Million
- TABLE 5 Europe On-road Tires Market by Country, 2019 - 2022, USD Million
- TABLE 6 Europe On-road Tires Market by Country, 2023 - 2030, USD Million
- TABLE 7 Europe Off-road Tires Market by Country, 2019 - 2022, USD Million
- TABLE 8 Europe Off-road Tires Market by Country, 2023 - 2030, USD Million
- TABLE 9 Europe Green Tire Market by Application, 2019 - 2022, USD Million
- TABLE 10 Europe Green Tire Market by Application, 2023 - 2030, USD Million
- TABLE 11 Europe Passenger Cars Market by Country, 2019 - 2022, USD Million
- TABLE 12 Europe Passenger Cars Market by Country, 2023 - 2030, USD Million
- TABLE 13 Europe Commercial Vehicle Market by Country, 2019 - 2022, USD Million
- TABLE 14 Europe Commercial Vehicle Market by Country, 2023 - 2030, USD Million
- TABLE 15 Europe Green Tire Market by Sales Channel, 2019 - 2022, USD Million
- TABLE 16 Europe Green Tire Market by Sales Channel, 2023 - 2030, USD Million
- TABLE 17 Europe OEM Market by Country, 2019 - 2022, USD Million
- TABLE 18 Europe OEM Market by Country, 2023 - 2030, USD Million
- TABLE 19 Europe Aftermarket Market by Country, 2019 - 2022, USD Million
- TABLE 20 Europe Aftermarket Market by Country, 2023 - 2030, USD Million
- TABLE 21 Europe Green Tire Market by Tire Size, 2019 - 2022, USD Million
- TABLE 22 Europe Green Tire Market by Tire Size, 2023 - 2030, USD Million
- TABLE 23 Europe 15 inch Market by Country, 2019 - 2022, USD Million
- TABLE 24 Europe 15 inch Market by Country, 2023 - 2030, USD Million
- TABLE 25 Europe 16 inch Market by Country, 2019 - 2022, USD Million
- TABLE 26 Europe 16 inch Market by Country, 2023 - 2030, USD Million
- TABLE 27 Europe 17 inch Market by Country, 2019 - 2022, USD Million
- TABLE 28 Europe 17 inch Market by Country, 2023 - 2030, USD Million
- TABLE 29 Europe 18 inch Market by Country, 2019 - 2022, USD Million
- TABLE 30 Europe 18 inch Market by Country, 2023 - 2030, USD Million
- TABLE 31 Europe Green Tire Market by Country, 2019 - 2022, USD Million
- TABLE 32 Europe Green Tire Market by Country, 2023 - 2030, USD Million
- TABLE 33 Germany Green Tire Market, 2019 - 2022, USD Million
- TABLE 34 Germany Green Tire Market, 2023 - 2030, USD Million
- TABLE 35 Germany Green Tire Market by Type, 2019 - 2022, USD Million
- TABLE 36 Germany Green Tire Market by Type, 2023 - 2030, USD Million
- TABLE 37 Germany Green Tire Market by Application, 2019 - 2022, USD Million
- TABLE 38 Germany Green Tire Market by Application, 2023 - 2030, USD Million
- TABLE 39 Germany Green Tire Market by Sales Channel, 2019 - 2022, USD Million
- TABLE 40 Germany Green Tire Market by Sales Channel, 2023 - 2030, USD Million
- TABLE 41 Germany Green Tire Market by Tire Size, 2019 - 2022, USD Million
- TABLE 42 Germany Green Tire Market by Tire Size, 2023 - 2030, USD Million
- TABLE 43 UK Green Tire Market, 2019 - 2022, USD Million
- TABLE 44 UK Green Tire Market, 2023 - 2030, USD Million
- TABLE 45 UK Green Tire Market by Type, 2019 - 2022, USD Million
- TABLE 46 UK Green Tire Market by Type, 2023 - 2030, USD Million
- TABLE 47 UK Green Tire Market by Application, 2019 - 2022, USD Million
- TABLE 48 UK Green Tire Market by Application, 2023 - 2030, USD Million
- TABLE 49 UK Green Tire Market by Sales Channel, 2019 - 2022, USD Million
- TABLE 50 UK Green Tire Market by Sales Channel, 2023 - 2030, USD Million
- TABLE 51 UK Green Tire Market by Tire Size, 2019 - 2022, USD Million
- TABLE 52 UK Green Tire Market by Tire Size, 2023 - 2030, USD Million
- TABLE 53 France Green Tire Market, 2019 - 2022, USD Million
- TABLE 54 France Green Tire Market, 2023 - 2030, USD Million
- TABLE 55 France Green Tire Market by Type, 2019 - 2022, USD Million
- TABLE 56 France Green Tire Market by Type, 2023 - 2030, USD Million
- TABLE 57 France Green Tire Market by Application, 2019 - 2022, USD Million
- TABLE 58 France Green Tire Market by Application, 2023 - 2030, USD Million
- TABLE 59 France Green Tire Market by Sales Channel, 2019 - 2022, USD Million
- TABLE 60 France Green Tire Market by Sales Channel, 2023 - 2030, USD Million
- TABLE 61 France Green Tire Market by Tire Size, 2019 - 2022, USD Million
- TABLE 62 France Green Tire Market by Tire Size, 2023 - 2030, USD Million
- TABLE 63 Russia Green Tire Market, 2019 - 2022, USD Million
- TABLE 64 Russia Green Tire Market, 2023 - 2030, USD Million
- TABLE 65 Russia Green Tire Market by Type, 2019 - 2022, USD Million
- TABLE 66 Russia Green Tire Market by Type, 2023 - 2030, USD Million
- TABLE 67 Russia Green Tire Market by Application, 2019 - 2022, USD Million
- TABLE 68 Russia Green Tire Market by Application, 2023 - 2030, USD Million
- TABLE 69 Russia Green Tire Market by Sales Channel, 2019 - 2022, USD Million
- TABLE 70 Russia Green Tire Market by Sales Channel, 2023 - 2030, USD Million
- TABLE 71 Russia Green Tire Market by Tire Size, 2019 - 2022, USD Million
- TABLE 72 Russia Green Tire Market by Tire Size, 2023 - 2030, USD Million
- TABLE 73 Spain Green Tire Market, 2019 - 2022, USD Million
- TABLE 74 Spain Green Tire Market, 2023 - 2030, USD Million
- TABLE 75 Spain Green Tire Market by Type, 2019 - 2022, USD Million
- TABLE 76 Spain Green Tire Market by Type, 2023 - 2030, USD Million
- TABLE 77 Spain Green Tire Market by Application, 2019 - 2022, USD Million
- TABLE 78 Spain Green Tire Market by Application, 2023 - 2030, USD Million
- TABLE 79 Spain Green Tire Market by Sales Channel, 2019 - 2022, USD Million
- TABLE 80 Spain Green Tire Market by Sales Channel, 2023 - 2030, USD Million
- TABLE 81 Spain Green Tire Market by Tire Size, 2019 - 2022, USD Million
- TABLE 82 Spain Green Tire Market by Tire Size, 2023 - 2030, USD Million
- TABLE 83 Italy Green Tire Market, 2019 - 2022, USD Million
- TABLE 84 Italy Green Tire Market, 2023 - 2030, USD Million
- TABLE 85 Italy Green Tire Market by Type, 2019 - 2022, USD Million
- TABLE 86 Italy Green Tire Market by Type, 2023 - 2030, USD Million
- TABLE 87 Italy Green Tire Market by Application, 2019 - 2022, USD Million
- TABLE 88 Italy Green Tire Market by Application, 2023 - 2030, USD Million
- TABLE 89 Italy Green Tire Market by Sales Channel, 2019 - 2022, USD Million
- TABLE 90 Italy Green Tire Market by Sales Channel, 2023 - 2030, USD Million
- TABLE 91 Italy Green Tire Market by Tire Size, 2019 - 2022, USD Million
- TABLE 92 Italy Green Tire Market by Tire Size, 2023 - 2030, USD Million
- TABLE 93 Rest of Europe Green Tire Market, 2019 - 2022, USD Million
- TABLE 94 Rest of Europe Green Tire Market, 2023 - 2030, USD Million
- TABLE 95 Rest of Europe Green Tire Market by Type, 2019 - 2022, USD Million
- TABLE 96 Rest of Europe Green Tire Market by Type, 2023 - 2030, USD Million
- TABLE 97 Rest of Europe Green Tire Market by Application, 2019 - 2022, USD Million
- TABLE 98 Rest of Europe Green Tire Market by Application, 2023 - 2030, USD Million
- TABLE 99 Rest of Europe Green Tire Market by Sales Channel, 2019 - 2022, USD Million
- TABLE 100 Rest of Europe Green Tire Market by Sales Channel, 2023 - 2030, USD Million
- TABLE 101 Rest of Europe Green Tire Market by Tire Size, 2019 - 2022, USD Million
- TABLE 102 Rest of Europe Green Tire Market by Tire Size, 2023 - 2030, USD Million
- TABLE 103 Key Information - Zhongce Rubber Group Co., Limited
- TABLE 104 Key Information - Toyo Tire Corporation
- TABLE 105 Key Information - Nokian Tyres plc
- TABLE 106 Key Information - MRF Limited
- TABLE 107 Key Information - Continental AG
- TABLE 108 Key Information - Bridgestone Corporation
- TABLE 109 Key Information - Pirelli & C. S.p.A.
- TABLE 110 Key Information - The Goodyear Tire & Rubber Company
- TABLE 111 Key Information - Hankook Tire & Technology
- TABLE 112 Key Information - The Yokohama Rubber Co., Ltd.
