세계의 그린 타이어 시장 규모는 2022년에 383억 달러로 평가되었습니다. 예측 기간(2024-2031년) CAGR은 8.8%로, 2023년 416억 7,000만 달러에서 2031년까지는 818억 2,000만 달러로 성장할 전망입니다.
세계 그린 타이어 시장은 자동차 산업이 지속 가능하고 친환경적인 솔루션으로 전환함에 따라 큰 폭의 성장세를 보이고 있습니다. 친환경 타이어 또는 저연비 타이어로 불리는 그린 타이어는 성능이나 안전성을 저하시키지 않으면서 연비를 개선하고 이산화탄소 배출량을 줄일 수 있도록 설계되었습니다. 이 급성장하는 시장의 배경에는 환경 의식 증가, 엄격한 배출 규제, 지속 가능한 대체 교통 수단에 대한 소비자 수요 증가가 있습니다. 각 제조업체들은 연구개발에 투자하여 연비를 개선하고 회전 저항을 감소시키는 첨단 소재와 기술을 활용한 혁신적인 타이어를 개발하여 대응하고 있습니다. 정부 이니셔티브는 자동차 부문의 친환경 기술 채택에 대한 인센티브를 제공함으로써 이러한 추세를 더욱 촉진하고 있습니다. 자동차 제조업체들은 친환경 타이어를 표준으로 장착하고, 소비자들은 친환경 타이어를 원하고 있어 OEM과 애프터마켓 모두에서 수요가 증가하고 있습니다. 또한 급성장하고 있는 전기차와 하이브리드 자동차 시장도 새로운 비즈니스 기회를 제공하고 있으며, 이러한 자동차는 최적의 에너지 효율과 주행거리를 제공하는 타이어를 필요로 합니다. 지역별로는 아시아태평양, 북미, 유럽이 시장을 주도하고 있습니다. 이는 자동차 인구 밀집, 엄격한 배기가스 규제, 지속가능성에 대한 소비자 선호도 변화 등에 기인합니다. 전반적으로 친환경 타이어 시장은 향후 몇 년동안 지속가능성과 환경 보호에 대한 자동차 산업의 광범위한 노력에 발맞추어 강력하게 성장할 것으로 예상됩니다.
Global Green Tires Market size was valued at USD 38.3 billion in 2022 and is poised to grow from USD 41.67 billion in 2023 to USD 81.82 billion by 2031, at a CAGR of 8.8% during the forecast period (2024-2031).
The global green tires market is on a trajectory of substantial growth as the automotive industry pivots towards sustainable and eco-friendly solutions. Often referred to as eco-friendly or low-rolling-resistance tires, green tires are engineered to enhance fuel efficiency and reduce carbon emissions without compromising on performance or safety. This burgeoning market is fueled by rising environmental awareness, stringent emission regulations, and an increasing consumer demand for sustainable transportation alternatives. Manufacturers are responding by investing in research and development to create innovative tires utilizing advanced materials and technologies that improve fuel economy and lower rolling resistance. Government initiatives further bolster this trend by offering incentives for green technology adoption in the automotive sector. Demand is escalating across both original equipment manufacturers (OEMs) and the aftermarket as automakers integrate green tires as standard offerings while consumers seek out environmentally friendly tire choices. The burgeoning electric and hybrid vehicle markets are also presenting new opportunities, as these vehicles necessitate tires tailored for optimal energy efficiency and range. Geographically, the market is witnessing strong traction in Asia Pacific, North America, and Europe, driven by dense vehicle populations, rigorous emissions regulations, and a shift in consumer preferences towards sustainability. Overall, the green tires market is set for vigorous expansion in the years ahead, aligning with the broader automotive industry's commitment to sustainability and environmental stewardship.
Top-down and bottom-up approaches were used to estimate and validate the size of the Global Green Tires market and to estimate the size of various other dependent submarkets. The research methodology used to estimate the market size includes the following details: The key players in the market were identified through secondary research, and their market shares in the respective regions were determined through primary and secondary research. This entire procedure includes the study of the annual and financial reports of the top market players and extensive interviews for key insights from industry leaders such as CEOs, VPs, directors, and marketing executives. All percentage shares split, and breakdowns were determined using secondary sources and verified through Primary sources. All possible parameters that affect the markets covered in this research study have been accounted for, viewed in extensive detail, verified through primary research, and analyzed to get the final quantitative and qualitative data.
Global Green Tires Market Segmental Analysis
Global Green Tires Market is segmented by Vehicle Type, by Application, by Tire Size, By Sales Channel and by Region. Based on Vehicle Type, the market is segmented into Light Commercial Vehicle, Passenger Cars, Heavy Trucks, Buses & Coaches and Two/Three Wheelers. Based on Application, the market is segmented into On Road, Off Road. Based on Tire Size, the market is segmented into 13-15 Inch, 16-18 Inch, 19-21 Inch, >21 Inch. Based on Sales Channel, the market is segmented into OEM, Aftermarket. Based on region, the market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & and Africa.
Driver of the Global Green Tires Market
A significant factor fueling the global green tires market is the rising awareness surrounding environmental issues and the corresponding regulatory frameworks. As governments and regulatory agencies intensify their efforts to minimize carbon emissions and endorse eco-friendly practices, there is an escalating demand for green tires that provide enhanced fuel efficiency along with reduced rolling resistance. This heightened focus on sustainability is encouraging industries to adopt green tire technology, thereby contributing to the robust growth of the market. In turn, this trend is likely to foster innovation and pave the way for new developments in tire manufacturing and performance.
Restraints in the Global Green Tires Market
One significant challenge facing the global green tires market is their elevated initial cost compared to traditional tires. Green tires utilize innovative materials and advanced technologies to provide their environmentally friendly features, which leads to increased manufacturing expenses. Consequently, these higher costs are transferred to consumers, making green tires more expensive than conventional alternatives. This price differential can deter budget-conscious consumers from making the switch, thus hindering the broader acceptance of green tires in the marketplace. Nevertheless, with advancements in technology and improvements in production efficiency, it is anticipated that these cost barriers will diminish over time, potentially facilitating greater adoption.
Market Trends of the Global Green Tires Market
The global green tires market is witnessing a significant trend towards the adoption of sustainable materials in tire manufacturing. As manufacturers increasingly utilize innovative components such as natural rubber, silica, and bio-based materials, they aim to minimize the environmental footprint of production processes. These sustainable options not only enhance fuel efficiency and reduce rolling resistance but also contribute to lower carbon emissions, aligning with the rising consumer preference for eco-friendly alternatives. This trend reflects the industry's broader commitment to sustainability, propelling the development of environmentally responsible tire solutions and fostering a shift towards greener practices in the automotive sector.