Low Rolling Resistance Tire Market Forecasts to 2028 | Drivers and Opportunities | Key player Analysis Apollo Tyres Ltd., Bridgestone Corporation, Continental AG

According to Stratistics MRC, the Global Low Rolling Resistance Tire Market is accounted for $8.94 billion in 2020 and is expected to reach $31.42 billion by 2028 growing at a CAGR of 17.0% during the forecast period. The rise in vehicle sales and safety installations per vehicle global, government regulations concerning tire labelling, growing demand for fuel-efficient tires, and progress in the aftermarket acts are driving the market growth. However, high cost related with the product is hampering the growth of the market

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By geography, North America is going to have high growth during the forecast period, due to the excessive obtainability of the commercial vehicles in the province together with the stringent government regulations concerning the safety norms are projected to fuel the growth of the complete market.

Some of the key players profiled in the Low Rolling Resistance Tire Market include Apollo Tyres Ltd., Bridgestone Corporation, Continental AG, Hankook Tire, Marangoni S.p.A, Maxxis International (Cheng Shin Rubber), MICHELIN, MRF Tyres, Pirelli & C S.p.A, Sumitomo Rubber Industries Ltd., The Goodyear Tire & Rubber Company, The Yokohama Rubber Co. Ltd, Trelleborg AB.

Types Covered:
• Bias
• Radial
• Tube
• Tubeless

Vehicle Types Covered:
• Heavy Commercial Vehicle
• Light Commercial Vehicle
• Passenger Vehicle
• Two-Wheeler   

Width Types Covered:
• Dual Type
• Wide Band Type  

Products Covered:
• Bike Tires
• Car Tires
• Truck Tires

Applications Covered:
• On-Road
• Off-Road

Sales Channels Covered:
• Original Equipment manufacturers (OEMs)
• Aftermarket

Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o UK
o Italy
o France
o Spain
o Rest of Europe
• Asia Pacific
o Japan       
o China       
o India       
o Australia 
o New Zealand
o South Korea
o Rest of Asia Pacific   
• South America
o Argentina
o Brazil
o Chile
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o UAE
o Qatar
o South Africa
o Rest of Middle East & Africa

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