Green Tires Market Size, Share, By Vehicle Type (Light Commercial Vehicle, Passenger Cars, Heavy Trucks, and Buses & Coaches), By Material (Natural Rubber, Synthetic Rubber, and Others) By Technology (Low Rolling Resistance Tires, Bio-Based Tires, and Recycled Tires), By Application (On Road, and Off-Road), By End-User (Original Equipment Manufacturer, and Aftermarkets), and By Region - Trends, Analysis and Forecast till 2034

Green tires market was valued at USD 12 Billion in 2024 and is expected to reach USD 21.59 Billion by 2034, growing at a CAGR of 6.7%.

The demand for green tires is increasingly surging in the global market, with more consumers and governments showing interest in transportation means that ensure sustainability. These tires, which are fabricated to have less impact on the environment, boast fuel efficiency, reduced carbon emission, and increased tire life. Therefore, the emergence of green tires into the limelight is increasingly important as the world grapples with climate change and resource depletion. The global green tires market witnesses tremendous growth as more consumers and governments seek sustainable transportation solutions. These tires have several benefits associated with their use, including improved fuel efficiency, reduced carbon emissions, and improved performance. Government regulations, consumer awareness, and technological advances spur the market's growth. While challenges remain, the prospects for green tires look bright since manufacturers continue to innovate and consumers become more eco-sensitive.