汽车绿色轮胎：市场占有率分析、产业趋势与统计、成长预测（2025-2030 年）

预计2025年汽车绿色轮胎市场规模为1,337.3亿美元，到2030年预计将达到2,255.5亿美元，预测期内（2025-2030年）的复合年增长率为11.02%。

主要亮点

• 由于政府关闭和限制措施导致汽车产量下降和製造厂关闭，COVID-19 疫情阻碍了绿色汽车轮胎的成长。此外，供应链中断和贸易限制扰乱了市场，使得轮胎组装和向主要OEM製造商的供应比预期的更加复杂。然而，随着製造商开始采取必要措施减轻这些未来风险，并且法规放宽，市场需求将开始加速，并预计在预测期内将持续下去。
• 从中期来看，电动车销量增加被认为是推动绿色轮胎需求的关键因素。这些绿色轮胎的滚动阻力降低了 20%，提高了车辆的整体效率。对于面临续航里程限制和绿色轮胎问题的电动车製造商来说，这被视为一个重要解决方案，由于绿色轮胎提高了效率，电动车的续航里程可能会更长。
• 二氧化硅有助于减少滚动阻力，即轮胎在路面上变形时所失去的能量。节省能源可提高燃油经济性。滚动阻力在乘用车中占燃油消费量的10-15％，但在大型卡车中可占燃油消费量的30％。低滚动阻力轮胎可能只能减少 2-3% 的燃油消耗，但节省的燃料仍有助于保护环境。
• 由于南亚国家、中国、日本等地电动车的普及率不断提高，预计亚太地区对绿色轮胎的需求将会增加。此外，消费者偏好的改变和乘用车销售的增加也推动了该地区对绿色轮胎的需求。为了应对这些因素，轮胎製造商正在转向绿色轮胎。绿色轮胎可作为原始设备（OE）提供，也可以进行改装以减少滚动阻力，从而提高燃油经济性并减少二氧化碳排放。

汽车绿色轮胎市场趋势

电动车销售可能推动市场成长

• 预计 2022 年全球电动车销量将较 2021 年成长 55.5% 左右，儘管去年整体表现疲软，但仍将首次超过 1,000 万辆。因此，根据国际能源总署 (IEA) 的数据，到 2022 年全球购买的乘用车中，每七辆中就有一辆是电动车。随着汽车销售（尤其是电动车）的成长，预计预测期内透过OEM销售管道对绿色汽车轮胎的需求将大幅成长。 OEM透过其全球分销网路提供快速的产品供应，并透过保固确保产品品质和支援服务，从而延长产品寿命。
• 电动车的兴起也正在推动汽车产业其他方面的重大变革。对更高效率的需求推动了人们对电动动力传动系统以外的电动车零件製造的日益关注。知名电动车製造商正与轮胎製造商合作，专注于效率和续航里程。
• 2022 年 4 月，梅赛德斯-奔驰宣布与Bridgestone公司建立令人兴奋的发展伙伴关係，为未来电动车梅赛德斯-奔驰 Vision EQXX 生产轮胎。此次合作旨在为梅赛德斯电动车设计一款高效自订轮胎 Turanza Eco，将其续航里程提升至惊人的 1,000 公里。Bridgestone将与目标商标产品製造商（OEM）密切合作，以实现这一里程碑。
• 为了提高效率，Bridgestone将其轻量化技术 ENLITEN 融入轮胎设计中。这项创新技术可降低滚动阻力、提高能源效率并有助于减轻轮胎重量 20%。
• 2021 年 12 月，固特异轮胎橡胶公司推出了新款 ElectricDrive GT。这款轮胎配备了固特异的SoundComfort技术，该技术可作为综合隔音屏障，有效降低道路噪音。它专门针对电动车进行了优化，并与特斯拉等热门车型相容。
• 此外，由于SUV即使长途旅行也很舒适，因此全球范围内SUV文化的趋势日益增长，并吸引了消费者的偏好。因此，轮胎製造商也将目标瞄准SUV领域，并致力于为OEM买家提供可靠的轮胎解决方案。
• 例如，2022年2月，横滨宣布将为丰田最新SUVLexusLXOEM供应其Geolandar X-CV轮胎。此轮胎设计为高性能SUV的公路地形轮胎，具有机动性和高速性能特性。该轮胎还将为丰田的下一代LexusLX增加低滚动阻力等高性能标准。
• 世界各国政府都对汽车和汽车製造商实施各种严格的规定。因此，轮胎製造商在采用环保原料的同时，也不牺牲轮胎的轻量化，显着减轻车辆重量，进而提高燃油效率、降低消费量。绿色轮胎的种种优势推动了市场对绿色轮胎的需求。
• 减少二氧化碳排放是世界各国的首要任务之一。为了因应这个问题，主要国家纷纷制定法规来减少二氧化碳排放。例如，2022 年 6 月，印度能源效率局启动了轮胎星级标籤计划，类似于电器产品的评级。轮胎等级提供有关滚动阻力和燃油经济性的信息。
• 考虑到OEM和轮胎製造商之间的发展，预计预测期内对OEM轮胎的需求将保持积极。

亚太地区主导绿色汽车轮胎市场

• 根据地区划分，亚太地区在 2021 年占据了主要收益市场占有率，预计在预测期内将会成长。该地区众多汽车製造商的存在可能会创造有利可图的市场机会。从国家来看，中国占据亚太汽车绿色轮胎市场主导地位。
• 中国政府推出了一系列奖励计划来促进汽车销售，并为购买电动车提供补贴，以鼓励中国汽车产业的扩张。
• 例如，根据中国工业协会 (CAAM) 的数据，2021 年中国售出约 505,000 辆客车和 430 万辆卡车。这意味着公车销量与前一年同期比较增长了13%。此外，2022年中国销售的新车中30%将是电动车，其中22%将是纯电动车。
• 中国希望在 2030 年新售出的汽车中 40% 为电动车，这意味着更多的汽车将需要充电基础设施。随着电动车销量的增加，中国计划开发充电基础设施，以满足超过 2,000 万辆电动车的需求。
• 印度正积极进行广泛的研究和开发，以创造创新产品，预计这些产品将在不久的将来显着促进其潜在市场的成长。印度主要汽车製造商玛鲁蒂铃木 (Maruti Suzuki) 就是这项发展的显着例子。玛鲁蒂铃木已正式宣布，计划最迟在 2025年终推出首款电动车。这项战略倡议显示印度致力于采用永续和环境友善的交通解决方案。此外，玛鲁蒂铃木的母公司铃木汽车公司将向古吉拉突邦投资 10,400 亿卢比，在这项转型中发挥关键作用。
• 人们对燃料排放和安全等环境问题的日益关注也可能为参与者提供潜在的机会，并促使他们开展多项研究活动以遵守法规并吸引喜欢环保产品的消费者。
• 例如，2022 年 7 月，米其林成为印度第一个根据印度政府新推出的星级标籤计画获得认证的乘用轮胎品牌。 Michelin Indo 是第一批在商用车和乘用车领域註册的品牌之一，随后米其林的 SUV 轮胎 Latitude Sport 3 和 Pilot Sport 4 获得了印度首个五星级评级。
• 在该地区营运的知名轮胎製造商正在采用各种成长策略，如业务扩张、合併、收购和合作，以重新定位自己的市场，作为预测期内成长策略的一部分。
• 例如，2022年5月，Bridgestone、住友橡胶、Yokohama Rubber宣布将为丰田汽车公司发表的bZ4X电动车（EV）供应原厂轮胎。Bridgestone提供的轮胎是Alenza 001和Turanza EL450。 Alenza 001 将安装在 bZ4X 上，该车型专为日本、欧洲和亚洲市场设计。
• 2022 年 1 月，柬埔寨发展委员会 (CDC) 本週核准了腊塔纳基里省和西哈努克省的两个新投资计划，总投资额为 3.03 亿美元。新核准的计划之一是位于西哈努克省西哈努克港经济特区的通用情报（柬埔寨）。该公司计划投资 2.97 亿美元生产全系列汽车轮胎。
• 此外，该地区较高的聚酯产量、不断增加的原材料供应以及完善的分销管道预计将推动市场的收益成长。因此，考虑到这些新兴市场的趋势，亚太地区汽车绿色轮胎市场在预测期内可能会出现温和成长。

汽车绿色轮胎产业概况

汽车绿色轮胎市场主要由米其林、普利司通、大陆集团、固特异轮胎橡胶公司、倍耐力集团等公司主导。

这几家公司占据了大部分市场份额，并正在投资生产能力以开发永续的轮胎材料。汽车绿色轮胎製造商持续投资于产品创新、研发、併购和地理扩张，以获得市场竞争优势。

例如，2022年5月，倍耐力在两年内投资1,500万美元，在墨西哥西劳工厂旁建造了一个先进技术数位化中心。该中心将为未来的电动、永续和联网汽车汽车生产轮胎。

2022年4月，Bridgestone宣布宾士股份公司已选择该公司为宾士VISION EQXX轮胎的开发合作伙伴。Bridgestone工程师与梅赛德斯·奔驰合作开发了一款自订轮胎，以提高车辆的效率，使一次充电的实际行驶里程达到 1,000 公里。

2022年4月，玲珑轮胎宣布与太原洁胎环保科技（洁胎）签署全面策略合作协议。玲珑轮胎与清洁轮胎将共同选择合适区域建造废弃轮胎回收工厂，加速实现统一布局和管理，建构贯穿轮胎全生命週期的轮胎研发、製造、翻新、回收全产业链。

2022年2月，Bridgestone公司与ENEOS公司推出联合研发计划。两家公司计划将Bridgestone在轮胎和橡胶业务中培育的先进橡胶和聚合物材料设计技术与 ENEOS 的原油精製技术和基础化学品製造技术相结合，共同开发旧轮胎的化学回收技术。

2022 年 1 月，米其林与现代汽车公司签署了一份谅解备忘录，旨在开发针对高端电动车 (EV) 优化的下一代轮胎。两家公司将共同开发环保轮胎，增加环保材料的使用。

2022年1月，Yokohama Rubber东南亚授权经销商YHI国际有限公司（YHI）合资成立横滨轮胎销售马来西亚公司。

2021年10月，Bridgestone位于墨西哥库埃纳瓦卡的轮胎製造厂扩建计划破土动工。Bridgestone墨西哥公司已在该扩建计划中投资超过 1 亿美元，其中包括建造超过 18,000平方公尺的建筑、新的服务设施、员工设施以及安装最先进的机械。

其他福利

• Excel 格式的市场预测 (ME) 表
• 3 个月的分析师支持

目录

第 1 章 简介

• 调查前提条件
• 研究范围

第二章调查方法

第三章执行摘要

第四章 市场动态

• 市场驱动因素
  • 电动车销量增加
• 市场限制
  • 高成本可能限制市场成长
• 产业吸引力-波特五力分析
  • 新进入者的威胁
  • 购买者/消费者的议价能力
  • 供应商的议价能力
  • 替代品的威胁
  • 竞争对手之间的竞争强度

第五章 市场区隔

• 按车型
  • 搭乘用车
  • 商用车
• 按最终用户
  • OEM
  • 售后市场
• 按地区
  • 北美洲
    • 美国
    • 加拿大
    • 北美其他地区
  • 欧洲
    • 德国
    • 英国
    • 法国
    • 其他欧洲国家
  • 亚太地区
    • 印度
    • 中国
    • 日本
    • 韩国
    • 其他亚太地区
  • 世界其他地区
    • 巴西
    • 阿拉伯聯合大公国
    • 其他国家

第六章 竞争格局

• 供应商市场占有率
• 公司简介
  • 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

第七章 市场机会与未来趋势

• 对永续和可再生材料的偏好正在改变

The Automotive Green Tires Market size is estimated at USD 133.73 billion in 2025, and is expected to reach USD 225.55 billion by 2030, at a CAGR of 11.02% during the forecast period (2025-2030).

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