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市場調查報告書
商品編碼
1437877

汽車綠色輪胎:市場佔有率分析、產業趨勢與統計、成長預測(2024-2029)

Automotive Green Tires - Market Share Analysis, Industry Trends & Statistics, Growth Forecasts (2024 - 2029)

出版日期: | 出版商: Mordor Intelligence | 英文 130 Pages | 商品交期: 2-3個工作天內

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簡介目錄

預計2024年汽車綠色輪胎市場規模為1,204.6億美元,預計2029年將達到2,031.6億美元,在預測期間(2024-2029年)成長11.02%,複合年成長率為

汽車綠色輪胎-市場

主要亮點

  • 由於政府封鎖和限制措施導致汽車產量減少和製造單位關閉,COVID-19感染疾病阻礙了汽車綠色輪胎的成長。此外,供應鏈中斷和貿易限制擾亂了市場,使得輪胎組裝和向主要原始OEM的供應比預期更加複雜。然而,隨著製造商開始採取必要措施來減輕此類未來風險以及監管的放鬆,市場需求已開始加速,並預計在預測期內將持續下去。
  • 從中期來看,電動車銷售的成長被認為是推動綠色輪胎需求的關鍵因素。這些綠色輪胎可將滾動阻力降低 20%,並提高車輛的整體效率。這被視為電動車製造商面臨續航里程限制和綠色輪胎問題的關鍵解決方案。由於效率提高,他們可能會看到電動車遠距。
  • 二氧化矽有助於減少輪胎在路面變形時的滾動阻力和能量損失。節能提高燃油效率。滾動阻力佔小客車消費量的10-15%,但在大型卡車中可佔消費量的30%。低滾動阻力輪胎可能只會減少 2-3%,但節省的燃料仍有利於環境。
  • 在亞太地區,由於電動車在南亞、中國和日本等國家的普及不斷提高,對綠色輪胎的需求預計將增加。此外,消費者偏好的變化和全部區域小客車市場銷售的增加正在推動需求。對於綠色輪胎。針對這些因素,輪胎製造商正在改用綠色輪胎,這些輪胎可作為原始設備(OE)使用,同時也經過改造以減少滾動阻力、提高燃油經濟性並減少二氧化碳排放,受到關注。

汽車綠色輪胎市場趨勢

電動車銷售可能推動市場成長

  • 儘管去年汽車銷量整體下滑,但2022年全球電動車銷量較2021年成長約55.5%,首次突破1,000萬輛。因此,根據國際能源總署 (IEA) 的數據,2022 年全球購買的七分之一的小客車將是電動車。隨著汽車銷量尤其是電動車銷量的增加,透過OEM銷售管道對這些汽車綠色輪胎的需求預計在預測期內將大幅增加。 OEM透過全球分銷網路提供產品的快速獲取,確保產品品質,並提供有保障的支援服務。這意味著更長的產品壽命。
  • 電動車的興起也促使了汽車產業其他方面的重大變化。對提高效率的需求已將重點轉移到為電動車製造電動動力傳動系統之外的零件。著眼於效率和續航里程,知名電動車製造商正在與輪胎製造商合作。
  • 2022 年 4 月,梅賽德斯-奔馳宣布與Bridgestone公司建立令人興奮的開發合作夥伴關係,為未來的電動車 Mercedes-Benz Vision EQXX 生產輪胎。此次合作旨在為梅賽德斯電動車設計高效的自訂Turanza Eco 輪胎,目標是將續航里程延長至 1,000 公里。Bridgestone將繼續與目的地設備製造商 (OEM) 密切合作,以實現這一里程碑。
  • 為了提高效率,Bridgestone將輕量 ENLITEN 技術融入輪胎設計中。這項創新技術可降低滾動阻力,提高能源效率,並有助於減輕 20% 的輪胎重量。
  • 2021 年 12 月,固特異輪胎橡膠公司發表了新款 ElectricDrive GT。此輪胎機型採用固特異的 SoundComfort 技術,可作為整合音箱,有效降低道路噪音。專專用電動車最佳化,相容於特斯拉等熱門車款。
  • 此外,遠距旅行的舒適性也帶動了全球SUV文化的興起,吸引了消費者的青睞。因此,輪胎製造商也瞄準了SUV區隔市場,提供OEM電池和可靠的輪胎解決方案。
  • 例如,2022年2月,橫濱宣布將為豐田最新SUVLexusLX供應OEM Geolander X-CV輪胎。此輪胎專為高性能SUV設計的公路地形輪胎,兼具機動性和高速性能。此外,該輪胎將為豐田的下一代LexusLX 增加性能標準,包括降低滾動阻力。
  • 世界各國政府對汽車和汽車製造商制定了各種嚴格的規定。因此,輪胎製造商能夠在不影響輪胎輕量化的情況下使用環保原料,顯著減輕車輛重量,提高燃油效率並降低消費量。綠色輪胎的所有好處促進了市場對綠色輪胎的需求。
  • 最大限度地減少碳排放是世界各國的首要任務之一。對此,主要國家紛紛制定法規來減少碳排放。例如,2022年6月,印度能源效率局啟動了輪胎星級標籤計劃,類似於電器產品上常見的評級。輪胎等級提供有關滾動阻力和可能的燃油經濟性的資訊。
  • 考慮到OEM製造商和輪胎製造商之間的發展,預計在預測期內對OEM輪胎的需求將保持樂觀。

亞太地區主導汽車綠色輪胎市場

  • 從地區來看,亞太地區在 2021 年的收益方面佔據了重要的市場佔有率,預計在預測期內將會成長。該全部區域汽車製造商的大量存在可能會創造利潤豐厚的市場機會。從國家來看,中國在亞太地區的汽車綠色輪胎市場中佔據主導地位。
  • 中國政府推出了許多激勵措施來促進汽車銷售,並為購買電動車提供補貼,以鼓勵該州汽車產業的擴張。
  • 例如,根據中國工業協會 (CAAM) 的數據,2021 年中國銷售了約 505,000 輛巴士和 430 萬輛卡車。這意味著客車銷量較上年成長了13%。此外,2022年該國銷售的新車中30%是電動車,其中22%是電池式電動車。
  • 中國的目標是到 2030 年,國內銷售的新車中有 40% 是電動車,這意味著更多的汽車將需要充電基礎設施。隨著電動車銷量的增加,國家計劃建設充電基礎設施,以滿足超過2000萬輛電動車的需求。
  • 印度正在積極進行廣泛的研究和開發舉措,旨在創造創新產品,預計這些產品將在可預見的未來顯著促進目標市場的成長。這項進展的一個顯著例子是印度領先的汽車製造商馬魯蒂鈴木,該公司已正式宣布計劃最遲在年終年底推出首款電動車。這項戰略舉措顯示了印度致力於採用永續和環境友善的交通解決方案。此外,馬魯蒂鈴木的母公司鈴木馬達公司將在古吉拉突邦投資 1,040 億盧比,在這項轉型中發揮關鍵作用。
  • 對燃料排放和安全的日益關注的環境問題也為參與者提供了潛在的機會,鼓勵他們進行多項研究活動以遵守法規並吸引喜歡環保產品的消費者。
  • 例如,2022年7月,米其林成為印度小客車領域第一個獲得印度政府新推出的星級標籤計畫認證的輪胎品牌。米其林印度公司是最早在商用車和小客車領域註冊的品牌之一,隨後其米其林 Latitude Sport 3 和 Pilot Sport 4 SUV 輪胎獲得印度首個五星級評級。
  • 在該地區營運的知名輪胎製造商正在採取各種成長舉措,例如擴張、合併、收購、合作和夥伴關係,以重新定位自己在市場中的地位,作為預測期內成長策略的一部分。
  • 例如,Bridgestone、住友橡膠和Yokohama Rubber於2022年5月宣布,將為豐田汽車公司的bZ4X電動車(EV)供應輪胎作為原配。Bridgestone將供應Alenza 001和Turanza EL450輪胎。 Alenza 001將安裝在專為日本、歐洲和亞洲市場設計的bZ4X上。
  • 2022 年 1 月 柬埔寨發展委員會 (CDC) 本週核准了臘塔納基里省和西哈努克省的兩個新投資計劃,總資本達 3.03 億美元。新核准的計劃之一屬於西哈努克省西哈努克港經濟特區的通用智慧(柬埔寨)。該公司計劃斥資2.97億美元生產各類車輛輪胎。
  • 此外,該地區聚酯的高產量、原料供應的增加以及分銷管道的建立預計將推動市場收益的成長。因此,考慮到這樣的市場發展和趨勢,亞太汽車綠色輪胎市場預計在預測期內將出現溫和成長。

汽車綠色輪胎產業概況

汽車綠色輪胎市場由米其林、Bridgestone、大陸集團、固特異輪胎和橡膠公司以及倍耐力等公司主導。

這幾家公司佔據了很大的市場佔有率,並正在投資產能以開發永續的輪胎材料。汽車綠色輪胎製造商持續投資於產品創新、研發、併購和地理擴張,以獲得市場競爭優勢。

例如,2022年5月,倍耐力在兩年內投資1,500萬美元,在其位於墨西哥錫勞的工廠旁建立了先進技術和數位化中心。為未來更電動、永續和連網型的車輛生產輪胎。

2022年4月,Bridgestone宣布賓士公司選擇其作為賓士VISION EQXX輪胎的開發合作夥伴。Bridgestone工程師與梅賽德斯-奔馳合作開發了一款自訂設計的輪胎,可提高車輛效率,一次充電可實現長達 1,000 公里的實際行駛里程。

2022年4月,玲瓏輪胎宣布與太原潔淨輪胎環保科技(Clean Tire)簽署全面策略合作協議。林隆輪胎與清潔輪胎將共同選擇合適的區域建設廢舊輪胎回收工廠,加快實現統一佈局和管理,全面涵蓋輪胎研發、製造、翻新、回收全生命週期。一條產業鏈。輪胎。

Bridgestone公司和 ENEOS 公司於 2022 年 2 月推出了聯合研發計劃。兩家公司將透過將Bridgestone在輪胎和橡膠業務中培育的先進橡膠和高分子材料設計技術與ENEOS的原油精製技術和基礎化工產品製造技術相結合,共同開發廢棄輪胎的化學回收技術。

2022 年 1 月,米其林和現代簽署了一份合作備忘錄 (MoU),開發針對豪華電動車 (EV) 最佳化的下一代輪胎。兩家公司將共同開發環保輪胎,增加環保材料的使用。

2022年1月,橫濱Yokohama Rubber與橫濱輪胎東南亞官方經銷商YHI International Limited(YHI)合資成立Yokohama Tire Sales Malaysia Sdn. Bhd.。

2021年10月,Bridgestone開始對其位於墨西哥庫埃納瓦卡的輪胎製造工廠進行擴建計劃,預計產量將每年增加15%。Bridgestone墨西哥公司將在這項擴建計劃中投資超過 1 億美元,其中包括建造超過 18,000平方公尺的建築、新的服務和員工設施,以及安裝最先進的機械。

其他福利

  • Excel 格式的市場預測 (ME) 表
  • 3 個月分析師支持

目錄

第1章 簡介

  • 調查先決條件
  • 調查範圍

第2章調查方法

第3章執行摘要

第4章市場動態

  • 市場促進因素
    • 電動車銷量增加
  • 市場限制因素
    • 高成本可能限制市場成長
  • 產業吸引力-波特五力分析
    • 新進入者的威脅
    • 買方議價能力
    • 供應商的議價能力
    • 替代產品的威脅
    • 競爭公司之間敵對的強度

第5章市場區隔

  • 依車型
    • 小客車
    • 商用車
  • 依最終用戶類型
    • OEM
    • 售後市場
  • 依地區
    • 北美洲
      • 美國
      • 加拿大
      • 其他
    • 歐洲
      • 德國
      • 英國
      • 法國
      • 其他
    • 亞太地區
      • 印度
      • 中國
      • 日本
      • 韓國
      • 其他
    • 世界其他地區
      • 巴西
      • 阿拉伯聯合大公國
      • 其他

第6章 競爭形勢

  • 供應商市場佔有率
  • 公司簡介
    • Bridgestone Corporation
    • Continental AG
    • Michelin Group
    • Apollo Tyres Limited
    • Yokohama Tire Corporation
    • Goodyear Tire &Rubber Company
    • Pirelli &C. Spa
    • Toyo Tire Corporation
    • MRF Limited
    • CEAT Limited

第7章市場機會與未來趨勢

  • 改變對永續和可再生材料的偏好
簡介目錄
Product Code: 61872

The Automotive Green Tires Market size is estimated at USD 120.46 billion in 2024, and is expected to reach USD 203.16 billion by 2029, growing at a CAGR of 11.02% during the forecast period (2024-2029).

Automotive Green Tires - Market

Key Highlights

  • The COVID-19 pandemic hindered the growth of automotive green tires owing to declined vehicle production and the shutdown of manufacturing units due to lockdowns and restrictions imposed by the government. Furthermore, supply chain disruptions and trade restrictions created chaos in the market, making tire assembly and its supply to major OEMs more complex than expected. However, as manufacturers started taking necessary measures to mitigate such future risks and as restrictions eased, the demand in the market started picking up pace and is expected to continue over the forecast period.
  • Over the medium term, rising electric car sales have been cited as a key element driving demand for green tires. These green tires provide 20% less low rolling resistance, increasing total vehicle efficiency. This has been recognized as a primary solution for electric car manufacturers who are experiencing issues with limited range and green tires; they may see longer-range electric vehicles as a result of the improved efficiency supplied by them.
  • Silica aids in the reduction of rolling resistance or the energy lost as the tire deforms against the road. Energy conservation improves fuel efficiency. Rolling resistance accounts for 10-15% of fuel consumption in passenger cars but can account for up to 30% of fuel consumption in heavy trucks. While low rolling resistance tires may only cut this by 2 to 3%, fuel savings still assist the environment.
  • Asia-Pacific is anticipated to drive the demand for green tires owing to the increased penetration of electric vehicles across South Asian countries, China, Japan, etc. Further, shifting consumer preferences and rising sales of the passenger car segment across the region fuel the demand for green tires. In the wake of these factors, tire manufacturers are seen switching towards green tire, which is available as original equipment (OE), and even gets retrofit to lower the rolling resistance to improve fuel economy and reduce CO2 emission.

Automotive Green Tires Market Trends

Electric Vehicle Sales is Likely to Drive the Market Growth

  • Global sales of electric cars increased by around 55.5% in 2022 when compared to the year 2021, surpassing 10 million for the first time, even though car sales broadly were soft last year. As a result, one in every seven passenger cars bought globally in 2022 was an EV, according to the International Energy Agency (IEA). With growing automobile sales, especially electric vehicles, the demand for these automotive green tires through the OEM sales channel is expected to grow significantly during the forecast period. OEMs deliver quick access to products through their global distribution network and ensure product quality and support services with a warranty, which signifies higher product life.
  • Remarkable changes have been made to other aspects of the auto industry due to the rise of electric automobiles. The focus on creating components for electric automobiles other than electric powertrains had shifted due to the requirement for greater efficiency. With an emphasis on efficiency and range, prominent electric car manufacturers are working with tire manufacturers.
  • In April 2022, Mercedes-Benz announced an exciting development partnership with Bridgestone Corporation for the manufacturing of tires intended for their futuristic electric vehicle, the Mercedes-Benz Vision EQXX. This collaboration aims to design highly efficient custom Turanza Eco tires for Mercedes EVs, with the goal of extending the driving range to an impressive 1,000 km. Bridgestone will work closely with the original equipment manufacturer (OEM) to achieve this milestone.
  • To achieve increased efficiency, Bridgestone has incorporated its lightweight ENLITEN technology into the tire design. This innovative technology reduces rolling resistance, resulting in improved energy efficiency, and also contributes to a 20% reduction in tire weight.
  • In December 2021, the Goodyear Tire & Rubber Company introduced the new ElectricDrive GT. This tire model features Goodyear's SoundComfort Technology, which acts as an integrated sound barrier to minimize road noise effectively. It has been optimized specifically for electric vehicles and is compatible with popular models like the Tesla Model.
  • Moreover, the increasing trend for SUV culture globally, owing to its comfort in longer journeys, has attracted consumer preferences. Thus, tire manufacturers also aim to target the SUV segment to offer OEM batter and reliable tire solutions.
  • For instance, in February 2022, Yokohama announced that it would supply its Geolandar X-CV tires to OEM Toyota's latest Lexus LX SUV. The tires are designed as highway terrain tires for high-performance SUVs to deliver maneuverability and high-speed performance characteristics. In addition, the tires would add high-performance standards, including lower rolling resistance in Toyota's upcoming Lexus LXs.
  • Governments of various countries are coming up with various stringent regulations for vehicles and vehicle manufacturers. As a result, tire manufacturers adopt environment-friendly raw materials without compromising on lighter tires, significantly reducing vehicle weight and providing higher fuel efficiency and less consumption. All advantages of green tires will propel the demand for green tires in the market.
  • Minimizing carbon emissions is one of the utmost priorities of countries across the globe. In the wake of this, prominent countries are framing regulations to reduce carbon emissions. For instance, in June 2022, The Bureau of Energy Efficiency, India, launched the Star Labeling Program for tires, similar to the rating we often see for electrical appliances. The tire rating gives information about rolling resistance and possible fuel economy.
  • Considering the developments between OEM and tire manufacturers, demand for OEM tires is expected to remain positive during the forecast period.

Asia-Pacific is dominating the Automotive Green Tire Market

  • Based on geography, Asia-Pacific holds a significant market share in revenue in 2021 and is projected to grow during the forecast period. The major presence of vehicle manufacturers across the region may likely create lucrative market opportunities. In terms of country, China is dominating the automotive green tire market in Asia-Pacific.
  • The China government of China has introduced many incentive plans to bolster auto sales and has also offered subsidies for the purchase of electric vehicles to encourage the expansion of the automotive industry in the county.
  • For instance, according to the China Association of Automobile Manufacturers (CAAM), In 2021, approximately 505,000 busses and 4.3 million trucks were sold in China. This represented a 13% increase in bus sales .compared to the previous year. Further, a remarkable 30% of new automobiles sold in the nation in 2022 were electric vehicles, and 22% of those were battery-electric vehicles.
  • By 2030, China wants 40 percent of all new cars sold there to be electric vehicles, which means a lot more cars will need charging infrastructure. Owing to increased sales of EVs country has planned to establish charging infrastructure to meet the needs of more than 20 million EV cars.
  • India is actively engaging in extensive research and development initiatives aimed at creating innovative products that are expected to significantly boost the growth of the target market in the foreseeable future. A noteworthy example of this progress is India's leading automaker, Maruti Suzuki, which has officially announced its plans to launch its inaugural electric vehicle no later than the end of 2025. This strategic move demonstrates India's commitment to embracing sustainable and eco-friendly transportation solutions. Furthermore, Maruti Suzuki's parent company, Suzuki Motor Corporation, is set to play a crucial role in this transformation by investing a substantial amount of Rs 10,400 crore in the state of Gujarat.
  • Increasing environmental concerns about fuel emissions and safety will also provide potential opportunities for players and encourages them to stick to the regulations and conduct several research activities to attract consumers who prefer eco-friendly products.
  • For instance, in July 2022, Michelin became the first tire brand in the passenger vehicle segment in India to be accredited with the newly introduced star labeling program by the Government of India. Michelin India is one of the first brands to register for both commercial vehicle and passenger car segments and was subsequently awarded India's first five-star rating for Michelin Latitude Sport 3 and Pilot Sport 4 SUV tires.
  • The prominent tire manufacturers operating in the region are adopting various growth strategies, such as expansion, mergers, acquisitions, collaborations, partnerships, etc., to realign their position in the market as part of their growth strategies over the forecast period.
  • For instance, in May 2022, Bridgestone Corporation, Sumitomo Rubber, and Yokohama Rubber announced that they would supply their tires as original equipment for the bZ4X electric vehicle (EV) launched by Toyota Motor Corporation. Bridgestone will supply the Alenza 001 and Turanza EL450 tires. The Alenza 001 is expected to be fitted on the bZ4X designed for the Japanese, European, and Asian markets.
  • In January 2022, the Council for the Development of Cambodia (CDC) approved two new investment projects with a total capital of USD 303 million in the Rattanakiri and Preah Sihanouk provinces this week. One of the newly approved projects belongs to General Intelligence (Cambodia) Co. Ltd in Sihanoukville Special Economic Zone, Preah Sihanouk province. The firm plans to inject USD 297 million into producing all kinds of vehicle tires.
  • Further, the high production of polyester, an increasing supply of raw materials, and a well-established distribution channel in the region are expected to drive revenue growth in the market. Thus, considering such developments and trends in the market, Asia-Pacific automotive green tires market to have moderate growth during the forecast period.

Automotive Green Tires Industry Overview

The Automotive green tires market is dominated by players such as Michelin, Bridgestone, Continental, Goodyear Tire & Rubber Company, Pirelli & C. SpA, and many others.

Such few players hold a major share of the market and invest in their production capabilities to develop sustainable tire materials. Automotive green tire manufacturers are constantly investing in product innovation, research and development, mergers & acquisitions, and geographic expansion to attain a competitive edge in the market.

For instance, in May 2022, Pirelli invested USD 15 million over two years to build an advanced technology and digitalization center next to its plant in Silao, Mexico. It will produce tires for the future's more electric, sustainable, and connected vehicles.

In April 2022, Bridgestone announced that Mercedes-Benz AG had selected it as the development partner for tires for the Mercedes-Benz VISION EQXX. Bridgestone engineers collaborated with Mercedes-Benz to create custom-designed tires that have increased the vehicle's efficiency and a real-world driving range of 1,000km on a single charge.

In April 2022, Linglong Tire announced that it had signed a comprehensive strategic cooperation agreement with Taiyuan Clean Tire Environmental Protection Technology Co. Ltd (Clean Tire). Linglong Tire and Clean Tire will jointly select a suitable area to build a waste tire recycling plant, accelerate the realization of unified distribution and management, and build a comprehensive industrial chain of tire research and development, manufacturing, retreading, and recycling throughout the life cycle of tires.

In February 2022, Bridgestone Corporation and ENEOS Corporation jointly launched a research and development project. Both companies are expected to jointly develop chemical recycling technologies for used tires by merging the advanced rubber and polymer material design technologies Bridgestone has cultivated through its tire and rubber business with the crude oil refining technologies and foundational basic chemical product manufacturing technologies of ENEOS.

In January 2022, Michelin and Hyundai Motor signed a memorandum of understanding (MoU) to develop next-generation tires optimized for premium electric vehicles (EVs). Both companies will jointly develop eco-friendly tires with increased use of eco-friendly materials.

In January 2022, Yokohama Rubber Co. Ltd formed a joint venture with YHI International Limited (YHI), the official distributor of Yokohama tires in Southeast Asia, to form Yokohama Tire Sales Malaysia Sdn Bhd.

In October 2021, Bridgestone inaugurated the expansion project of its tire manufacturing plant, located in Cuernavaca, Mexico, with which it will increase its production by 15% annually. Bridgestone Mexico invested more than USD 100 million in this expansion project, which includes the construction of more than 18,000 square meters of buildings, new service facilities and facilities for its employees, and the installation of state-of-the-art machinery.

Additional Benefits:

  • The market estimate (ME) sheet in Excel format
  • 3 months of analyst support

TABLE OF CONTENTS

1 INTRODUCTION

  • 1.1 Study Assumptions
  • 1.2 Scope of the Study

2 RESEARCH METHODOLOGY

3 EXECUTIVE SUMMARY

4 MARKET DYNAMICS

  • 4.1 Market Drivers
    • 4.1.1 Increasing Electric Vehicle Sales
  • 4.2 Market Restraints
    • 4.2.1 High Cost May Restrict the Market Growth
  • 4.3 Industry Attractiveness - Porter's Five Forces Analysis
    • 4.3.1 Threat of New Entrants
    • 4.3.2 Bargaining Power of Buyers/Consumers
    • 4.3.3 Bargaining Power of Suppliers
    • 4.3.4 Threat of Substitute Products
    • 4.3.5 Intensity of Competitive Rivalry

5 MARKET SEGMENTATION (Market Size by Value - USD Billion)

  • 5.1 By Vehicle Type
    • 5.1.1 Passenger Vehicles
    • 5.1.2 Commercial Vehicles
  • 5.2 By End-User Type
    • 5.2.1 OEM
    • 5.2.2 Aftermarket
  • 5.3 By Geography
    • 5.3.1 North America
      • 5.3.1.1 United States
      • 5.3.1.2 Canada
      • 5.3.1.3 Rest of North America
    • 5.3.2 Europe
      • 5.3.2.1 Germany
      • 5.3.2.2 United Kingdom
      • 5.3.2.3 France
      • 5.3.2.4 Rest of Europe
    • 5.3.3 Asia-Pacific
      • 5.3.3.1 India
      • 5.3.3.2 China
      • 5.3.3.3 Japan
      • 5.3.3.4 South Korea
      • 5.3.3.5 Rest of Asia-Pacific
    • 5.3.4 Rest of the World
      • 5.3.4.1 Brazil
      • 5.3.4.2 United Arab Emirates
      • 5.3.4.3 Other Countries

6 COMPETITIVE LANDSCAPE

  • 6.1 Vendor Market Share
  • 6.2 Company Profiles*
    • 6.2.1 Bridgestone Corporation
    • 6.2.2 Continental AG
    • 6.2.3 Michelin Group
    • 6.2.4 Apollo Tyres Limited
    • 6.2.5 Yokohama Tire Corporation
    • 6.2.6 Goodyear Tire & Rubber Company
    • 6.2.7 Pirelli & C. Spa
    • 6.2.8 Toyo Tire Corporation
    • 6.2.9 MRF Limited
    • 6.2.10 CEAT Limited

7 MARKET OPPORTUNITIES AND FUTURE TRENDS

  • 7.1 Shifting Preferences Towards Sustainable and Renewable Materials