Published by mark itwired
Posted on October 6, 2021
3 min readLast updated: January 30, 2026
The low rolling resistance tire market is set to grow at a CAGR of 11% by 2031, driven by eco-conscious manufacturing and rising vehicle ownership.
Surging carbon footprint attributed to heavy automotive usage has led manufacturers to improve existing vehicle tire designs has significantly heightened demand for low rolling resistance tires, according to ESOMAR-certified Future Market Insights’ (FMI) latest research report. As per the study, the global low rolling resistance market is slated to surpass a staggering CAGR of 11% across the forthcoming decade.
A recent market study published by FMI on the low rolling resistance tire market includes global industry analysis for 2016-2020 & opportunity assessment for 2021-2031, and delivers a comprehensive assessment of the most important market dynamics. After conducting thorough research on the historical and current growth parameters of the low rolling resistance tire market, growth prospects of the market are obtained with maximum precision.
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Low rolling resistance tires are acquiring significant popularity, with heightened emphasis on improving vehicular performance outcomes catalyzing growth. Furthermore, growing consciousness about environmental sustainability is prompting manufacturers to incorporate several changes in the nature of materials used during the production process. This trend has boded well for overall market growth.
In the long-run, low rolling resistance tires with a wide band width are expected to account for bulk of the overall demand, while sales across the aftermarket segment are anticipated to surge incredibly. Furthermore, lucrative growth promises are in store for the passenger vehicles sector, as the global ownership of cars and other automobiles is increasing.
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Key Segments Covered
Vehicle Type
Width Type
Sales Channel
Region
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Table Of Content
1. Executive Summary
2. Market Overview
3. Market Background
4. Market Forecast
5. Global Low Rolling Resistance (LRR) Tire Market Analysis By Vehicle Type
6. Global Low Rolling Resistance (LRR) Tire Market Analysis By Width Type
7. Global Low Rolling Resistance (LRR) Tire Market Analysis By Sales Channel
8. Global Low Rolling Resistance (LRR) Tire Market Analysis By Region
9. North America Low Rolling Resistance (LRR) Tire Market Analysis
10. Latin America Low Rolling Resistance (LRR) Tire Market Analysis
11. Europe Low Rolling Resistance (LRR) Tire Market Analysis
12. East Asia Low Rolling Resistance (LRR) Tire Market Analysis
13. South Asia Low Rolling Resistance (LRR) Tire Market Analysis
14. Oceania Low Rolling Resistance (LRR) Tire Market Analysis
15. Middle East and Africa (MEA) Low Rolling Resistance (LRR) Tire Market Analysis
16. Emerging Countries Analysis
17. Competition Analysis
18. Assumption & Acronyms
19. Research Methodology
The post Comprehensive Report on Low Rolling Resistance Tire Market 2021 | Trends, Growth Demand, Opportunities & Forecast To 2031 | Bridgestone Corporation, The Goodyear Tire & Rubber Company, Hankook Tire appeared first on Industry News Analsis.
The article discusses the growth and trends in the low rolling resistance tire market from 2021 to 2031.
Increased environmental awareness and demand for improved vehicle performance are key drivers.
The passenger vehicle sector is anticipated to experience significant growth in tire demand.
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