Asia Pacific Green Tire Market Size, Share & Industry Trends Analysis Report By Type (On-road Tires, and Off-road Tires), By Application, By Sales Channel (OEM, and Aftermarket), By Tire Size, By Country and Growth Forecast, 2023 - 2030

The Asia Pacific Green Tire Market would witness market growth of 8.6% CAGR during the forecast period (2023-2030).

The market is continually evolving to meet the demands of sustainability-conscious consumers and industries. Tire manufacturers are exploring innovative materials and compounds that reduce rolling resistance without compromising safety and performance. These materials include silica-based compounds, functionalized polymers, and bio-based additives. The integration of sensors and smart tire technologies is gaining momentum. These technologies monitor tire pressure, temperature, and tread wear in real time, allowing for proactive maintenance and improved safety.

Furthermore, the market is increasingly focused on adopting circular economy principles. It also entails reusing and recycling tires to develop a closed-loop system that reduces waste and saves resources. Many countries and regions have introduced tire eco-labeling schemes to inform consumers about tire performance, including rolling resistance and wet grip. This transparency empowers consumers to make informed choices. Tire manufacturers are embracing sustainable practices in their production processes. This includes reducing energy consumption, water usage, and emissions and exploring alternative and renewable energy sources.

As per the data published by the State Council of the Government of China, the nation's commercial vehicle sales increased by 16.4 pct in January-August of 2023. Specifically, sales of coaches surged 23.9 percent year on year, while trucks climbed 15.5 percent from the same period last year, according to the China Association of Automobile Manufacturers. During January-August, domestic sales of China's commercial vehicles surged 13.4 percent year on year to 2.08 million units. Thus, the rise in automotive industry in countries like China and India will boost the demand for green tires in the region.

The China market dominated the Asia Pacific Green Tire Market by Country in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $6,273.2 million by 2030. The Japan market is registering a CAGR of 7.8% during (2023 - 2030). Additionally, The India market would showcase a CAGR of 9.2% during (2023 - 2030).

Based on Type, the market is segmented into On-road Tires, and Off-road Tires. Based on Application, the market is segmented into Passenger Cars, and Commercial Vehicle. Based on Sales Channel, the market is segmented into OEM, and Aftermarket. Based on Tire Size, the market is segmented into 15 inch, 16 inch, 17 inch, and 18 inch. Based on countries, the market is segmented into China, Japan, India, South Korea, Singapore, Malaysia, and Rest of Asia Pacific.

Free Valuable Insights: The Global Green Tire Market is Predict to reach $59.3 Billion by 2030, at a CAGR of 8.4%

The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Zhongce Rubber Group Co., Limited, Toyo Tire Corporation, Nokian Tyres plc, MRF Limited, Continental AG, Bridgestone Corporation, Pirelli & C. S.p.A., The Goodyear Tire & Rubber Company, Hankook Tire & Technology and The Yokohama Rubber Co., Ltd.

Scope of the Study

Market Segments Covered in the Report:

By Type

• On-road Tires
• Off-road Tires

By Application

• Passenger Cars
• Commercial Vehicle

By Sales Channel

• OEM
• Aftermarket

By Tire Size

• 15 inch
• 16 inch
• 17 inch
• 18 inch

By Country

• China
• Japan
• India
• South Korea
• Singapore
• Malaysia
• Rest of Asia Pacific

Key Market Players

List of Companies Profiled in the Report:

• Zhongce Rubber Group Co., Limited
• Toyo Tire Corporation
• Nokian Tyres plc
• MRF Limited
• Continental AG
• Bridgestone Corporation
• Pirelli & C. S.p.A.
• The Goodyear Tire & Rubber Company
• Hankook Tire & Technology
• The Yokohama Rubber Co., Ltd.

Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 Asia Pacific Green Tire Market, by Type
1.4.2 Asia Pacific Green Tire Market, by Application
1.4.3 Asia Pacific Green Tire Market, by Sales Channel
1.4.4 Asia Pacific Green Tire Market, by Tire Size
1.4.5 Asia Pacific Green Tire Market, by Country
1.5 Methodology for the research

Chapter 2. Market at a Glance
2.1 Key Highlights

Chapter 3. Market Overview
3.1 Introduction
3.1.1 Overview
3.1.1.1 Market Composition and Scenario
3.2 Key Factors Impacting the Market
3.2.1 Market Drivers
3.2.2 Market Restraints
3.3 Porter’s Five Forces Analysis

Chapter 4. Strategies Developed in Green Tire Market

Chapter 5. Asia Pacific Green Tire Market by Type
5.1 Asia Pacific On-road Tires Market by Country
5.2 Asia Pacific Off-road Tires Market by Country

Chapter 6. Asia Pacific Green Tire Market by Application
6.1 Asia Pacific Passenger Cars Market by Country
6.2 Asia Pacific Commercial Vehicle Market by Country

Chapter 7. Asia Pacific Green Tire Market by Sales Channel
7.1 Asia Pacific OEM Market by Country
7.2 Asia Pacific Aftermarket Market by Country

Chapter 8. Asia Pacific Green Tire Market by Tire Size
8.1 Asia Pacific 15 inch Market by Country
8.2 Asia Pacific 16 inch Market by Country
8.3 Asia Pacific 17 inch Market by Country
8.4 Asia Pacific 18 inch Market by Country

Chapter 9. Asia Pacific Green Tire Market by Country
9.1 China Green Tire Market
9.1.1 China Green Tire Market by Type
9.1.2 China Green Tire Market by Application
9.1.3 China Green Tire Market by Sales Channel
9.1.4 China Green Tire Market by Tire Size
9.2 Japan Green Tire Market
9.2.1 Japan Green Tire Market by Type
9.2.2 Japan Green Tire Market by Application
9.2.3 Japan Green Tire Market by Sales Channel
9.2.4 Japan Green Tire Market by Tire Size
9.3 India Green Tire Market
9.3.1 India Green Tire Market by Type
9.3.2 India Green Tire Market by Application
9.3.3 India Green Tire Market by Sales Channel
9.3.4 India Green Tire Market by Tire Size
9.4 South Korea Green Tire Market
9.4.1 South Korea Green Tire Market by Type
9.4.2 South Korea Green Tire Market by Application
9.4.3 South Korea Green Tire Market by Sales Channel
9.4.4 South Korea Green Tire Market by Tire Size
9.5 Singapore Green Tire Market
9.5.1 Singapore Green Tire Market by Type
9.5.2 Singapore Green Tire Market by Application
9.5.3 Singapore Green Tire Market by Sales Channel
9.5.4 Singapore Green Tire Market by Tire Size
9.6 Malaysia Green Tire Market
9.6.1 Malaysia Green Tire Market by Type
9.6.2 Malaysia Green Tire Market by Application
9.6.3 Malaysia Green Tire Market by Sales Channel
9.6.4 Malaysia Green Tire Market by Tire Size
9.7 Rest of Asia Pacific Green Tire Market
9.7.1 Rest of Asia Pacific Green Tire Market by Type
9.7.2 Rest of Asia Pacific Green Tire Market by Application
9.7.3 Rest of Asia Pacific Green Tire Market by Sales Channel
9.7.4 Rest of Asia Pacific Green Tire Market by Tire Size

Chapter 10. Company Profiles
10.1 Zhongce Rubber Group Co., Limited
10.1.1 Company Overview
10.1.2 SWOT Analysis
10.2 Toyo Tire Corporation
10.2.1 Company Overview
10.2.2 Financial Analysis
10.2.3 Segmental and Regional Analysis
10.2.4 Research & Development Expenses
10.2.5 Recent strategies and developments:
10.2.5.1 Partnerships, Collaborations, and Agreements:
10.2.6 SWOT Analysis
10.3 Nokian Tyres plc
10.3.1 Company Overview
10.3.2 Financial Analysis
10.3.3 Segmental and Regional Analysis
10.3.4 Research & Development Expenses
10.3.5 SWOT Analysis
10.4 MRF Limited
10.4.1 Company Overview
10.4.2 Financial Analysis
10.4.3 Research & Development Expenses
10.4.4 SWOT Analysis
10.5 Continental AG
10.5.1 Company Overview
10.5.2 Financial Analysis
10.5.3 Segmental and Regional Analysis
10.5.4 Research & Development Expense
10.5.5 Recent strategies and developments:
10.5.5.1 Product Launches and Product Expansions:
10.5.5.2 Acquisition and Mergers:
10.5.6 SWOT Analysis
10.6 Bridgestone Corporation
10.6.1 Company Overview
10.6.2 Financial Analysis
10.6.3 Segmental Analysis
10.6.4 Recent strategies and developments:
10.6.4.1 Partnerships, Collaborations, and Agreements:
10.6.5 SWOT Analysis
10.7 Pirelli & C. S.p.A.
10.7.1 Company Overview
10.7.2 Financial Analysis
10.7.3 Regional Analysis
10.7.4 Research & Development Expenses
10.7.5 SWOT Analysis
10.8 The Goodyear Tire & Rubber Company
10.8.1 Company Overview
10.8.2 Financial Analysis
10.8.3 Segmental and Regional Analysis
10.8.4 Research & Development Expenses
10.8.5 Recent strategies and developments:
10.8.5.1 Acquisition and Mergers:
10.8.6 SWOT Analysis
10.9 Hankook Tire & Technology
10.9.1 Company Overview
10.9.2 Financial Analysis
10.9.3 Regional Analysis
10.9.4 Recent strategies and developments:
10.9.4.1 Product Launches and Product Expansions:
10.9.5 SWOT Analysis
10.10. The Yokohama Rubber Co., Ltd.
10.10.1 Company Overview
10.10.2 Financial Analysis
10.10.3 Segmental Analysis
10.10.4 Recent strategies and developments:
10.10.4.1 Acquisition and Mergers:
10.10.5 SWOT Analysis

TABLE 1 Asia Pacific Green Tire Market, 2019 - 2022, USD Million
TABLE 2 Asia Pacific Green Tire Market, 2023 - 2030, USD Million
TABLE 3 Asia Pacific Green Tire Market by Type, 2019 - 2022, USD Million
TABLE 4 Asia Pacific Green Tire Market by Type, 2023 - 2030, USD Million
TABLE 5 Asia Pacific On-road Tires Market by Country, 2019 - 2022, USD Million
TABLE 6 Asia Pacific On-road Tires Market by Country, 2023 - 2030, USD Million
TABLE 7 Asia Pacific Off-road Tires Market by Country, 2019 - 2022, USD Million
TABLE 8 Asia Pacific Off-road Tires Market by Country, 2023 - 2030, USD Million
TABLE 9 Asia Pacific Green Tire Market by Application, 2019 - 2022, USD Million
TABLE 10 Asia Pacific Green Tire Market by Application, 2023 - 2030, USD Million
TABLE 11 Asia Pacific Passenger Cars Market by Country, 2019 - 2022, USD Million
TABLE 12 Asia Pacific Passenger Cars Market by Country, 2023 - 2030, USD Million
TABLE 13 Asia Pacific Commercial Vehicle Market by Country, 2019 - 2022, USD Million
TABLE 14 Asia Pacific Commercial Vehicle Market by Country, 2023 - 2030, USD Million
TABLE 15 Asia Pacific Green Tire Market by Sales Channel, 2019 - 2022, USD Million
TABLE 16 Asia Pacific Green Tire Market by Sales Channel, 2023 - 2030, USD Million
TABLE 17 Asia Pacific OEM Market by Country, 2019 - 2022, USD Million
TABLE 18 Asia Pacific OEM Market by Country, 2023 - 2030, USD Million
TABLE 19 Asia Pacific Aftermarket Market by Country, 2019 - 2022, USD Million
TABLE 20 Asia Pacific Aftermarket Market by Country, 2023 - 2030, USD Million
TABLE 21 Asia Pacific Green Tire Market by Tire Size, 2019 - 2022, USD Million
TABLE 22 Asia Pacific Green Tire Market by Tire Size, 2023 - 2030, USD Million
TABLE 23 Asia Pacific 15 inch Market by Country, 2019 - 2022, USD Million
TABLE 24 Asia Pacific 15 inch Market by Country, 2023 - 2030, USD Million
TABLE 25 Asia Pacific 16 inch Market by Country, 2019 - 2022, USD Million
TABLE 26 Asia Pacific 16 inch Market by Country, 2023 - 2030, USD Million
TABLE 27 Asia Pacific 17 inch Market by Country, 2019 - 2022, USD Million
TABLE 28 Asia Pacific 17 inch Market by Country, 2023 - 2030, USD Million
TABLE 29 Asia Pacific 18 inch Market by Country, 2019 - 2022, USD Million
TABLE 30 Asia Pacific 18 inch Market by Country, 2023 - 2030, USD Million
TABLE 31 Asia Pacific Green Tire Market by Country, 2019 - 2022, USD Million
TABLE 32 Asia Pacific Green Tire Market by Country, 2023 - 2030, USD Million
TABLE 33 China Green Tire Market, 2019 - 2022, USD Million
TABLE 34 China Green Tire Market, 2023 - 2030, USD Million
TABLE 35 China Green Tire Market by Type, 2019 - 2022, USD Million
TABLE 36 China Green Tire Market by Type, 2023 - 2030, USD Million
TABLE 37 China Green Tire Market by Application, 2019 - 2022, USD Million
TABLE 38 China Green Tire Market by Application, 2023 - 2030, USD Million
TABLE 39 China Green Tire Market by Sales Channel, 2019 - 2022, USD Million
TABLE 40 China Green Tire Market by Sales Channel, 2023 - 2030, USD Million
TABLE 41 China Green Tire Market by Tire Size, 2019 - 2022, USD Million
TABLE 42 China Green Tire Market by Tire Size, 2023 - 2030, USD Million
TABLE 43 Japan Green Tire Market, 2019 - 2022, USD Million
TABLE 44 Japan Green Tire Market, 2023 - 2030, USD Million
TABLE 45 Japan Green Tire Market by Type, 2019 - 2022, USD Million
TABLE 46 Japan Green Tire Market by Type, 2023 - 2030, USD Million
TABLE 47 Japan Green Tire Market by Application, 2019 - 2022, USD Million
TABLE 48 Japan Green Tire Market by Application, 2023 - 2030, USD Million
TABLE 49 Japan Green Tire Market by Sales Channel, 2019 - 2022, USD Million
TABLE 50 Japan Green Tire Market by Sales Channel, 2023 - 2030, USD Million
TABLE 51 Japan Green Tire Market by Tire Size, 2019 - 2022, USD Million
TABLE 52 Japan Green Tire Market by Tire Size, 2023 - 2030, USD Million
TABLE 53 India Green Tire Market, 2019 - 2022, USD Million
TABLE 54 India Green Tire Market, 2023 - 2030, USD Million
TABLE 55 India Green Tire Market by Type, 2019 - 2022, USD Million
TABLE 56 India Green Tire Market by Type, 2023 - 2030, USD Million
TABLE 57 India Green Tire Market by Application, 2019 - 2022, USD Million
TABLE 58 India Green Tire Market by Application, 2023 - 2030, USD Million
TABLE 59 India Green Tire Market by Sales Channel, 2019 - 2022, USD Million
TABLE 60 India Green Tire Market by Sales Channel, 2023 - 2030, USD Million
TABLE 61 India Green Tire Market by Tire Size, 2019 - 2022, USD Million
TABLE 62 India Green Tire Market by Tire Size, 2023 - 2030, USD Million
TABLE 63 South Korea Green Tire Market, 2019 - 2022, USD Million
TABLE 64 South Korea Green Tire Market, 2023 - 2030, USD Million
TABLE 65 South Korea Green Tire Market by Type, 2019 - 2022, USD Million
TABLE 66 South Korea Green Tire Market by Type, 2023 - 2030, USD Million
TABLE 67 South Korea Green Tire Market by Application, 2019 - 2022, USD Million
TABLE 68 South Korea Green Tire Market by Application, 2023 - 2030, USD Million
TABLE 69 South Korea Green Tire Market by Sales Channel, 2019 - 2022, USD Million
TABLE 70 South Korea Green Tire Market by Sales Channel, 2023 - 2030, USD Million
TABLE 71 South Korea Green Tire Market by Tire Size, 2019 - 2022, USD Million
TABLE 72 South Korea Green Tire Market by Tire Size, 2023 - 2030, USD Million
TABLE 73 Singapore Green Tire Market, 2019 - 2022, USD Million
TABLE 74 Singapore Green Tire Market, 2023 - 2030, USD Million
TABLE 75 Singapore Green Tire Market by Type, 2019 - 2022, USD Million
TABLE 76 Singapore Green Tire Market by Type, 2023 - 2030, USD Million
TABLE 77 Singapore Green Tire Market by Application, 2019 - 2022, USD Million
TABLE 78 Singapore Green Tire Market by Application, 2023 - 2030, USD Million
TABLE 79 Singapore Green Tire Market by Sales Channel, 2019 - 2022, USD Million
TABLE 80 Singapore Green Tire Market by Sales Channel, 2023 - 2030, USD Million
TABLE 81 Singapore Green Tire Market by Tire Size, 2019 - 2022, USD Million
TABLE 82 Singapore Green Tire Market by Tire Size, 2023 - 2030, USD Million
TABLE 83 Malaysia Green Tire Market, 2019 - 2022, USD Million
TABLE 84 Malaysia Green Tire Market, 2023 - 2030, USD Million
TABLE 85 Malaysia Green Tire Market by Type, 2019 - 2022, USD Million
TABLE 86 Malaysia Green Tire Market by Type, 2023 - 2030, USD Million
TABLE 87 Malaysia Green Tire Market by Application, 2019 - 2022, USD Million
TABLE 88 Malaysia Green Tire Market by Application, 2023 - 2030, USD Million
TABLE 89 Malaysia Green Tire Market by Sales Channel, 2019 - 2022, USD Million
TABLE 90 Malaysia Green Tire Market by Sales Channel, 2023 - 2030, USD Million
TABLE 91 Malaysia Green Tire Market by Tire Size, 2019 - 2022, USD Million
TABLE 92 Malaysia Green Tire Market by Tire Size, 2023 - 2030, USD Million
TABLE 93 Rest of Asia Pacific Green Tire Market, 2019 - 2022, USD Million
TABLE 94 Rest of Asia Pacific Green Tire Market, 2023 - 2030, USD Million
TABLE 95 Rest of Asia Pacific Green Tire Market by Type, 2019 - 2022, USD Million
TABLE 96 Rest of Asia Pacific Green Tire Market by Type, 2023 - 2030, USD Million
TABLE 97 Rest of Asia Pacific Green Tire Market by Application, 2019 - 2022, USD Million
TABLE 98 Rest of Asia Pacific Green Tire Market by Application, 2023 - 2030, USD Million
TABLE 99 Rest of Asia Pacific Green Tire Market by Sales Channel, 2019 - 2022, USD Million
TABLE 100 Rest of Asia Pacific Green Tire Market by Sales Channel, 2023 - 2030, USD Million
TABLE 101 Rest of Asia Pacific Green Tire Market by Tire Size, 2019 - 2022, USD Million
TABLE 102 Rest of Asia Pacific Green Tire Market by Tire Size, 2023 - 2030, USD Million
TABLE 103 Key Information – Zhongce Rubber Group Co., Limited
TABLE 104 Key Information – Toyo Tire Corporation
TABLE 105 Key Information – Nokian Tyres plc
TABLE 106 Key Information – MRF Limited
TABLE 107 Key Information – Continental AG
TABLE 108 Key Information – Bridgestone Corporation
TABLE 109 Key Information – Pirelli & C. S.p.A.
TABLE 110 Key Information – The Goodyear Tire & Rubber Company
TABLE 111 Key Information – Hankook Tire & Technology
TABLE 112 Key Information – The Yokohama Rubber Co., Ltd.

List of Figures
FIG 1 Methodology for the research
FIG 2 Asia Pacific Green Tire Market, 2019 - 2030, USD Million
FIG 3 Key Factors Impacting green tire market
FIG 4 Porter’s Five Forces Analysis - Green Tire Market
FIG 5 Asia Pacific Green Tire Market share by Type, 2022
FIG 6 Asia Pacific Green Tire Market share by Type, 2030
FIG 7 Asia Pacific Green Tire Market by Type, 2019 - 2030, USD Million
FIG 8 Asia Pacific Green Tire Market share by Application, 2022
FIG 9 Asia Pacific Green Tire Market share by Application, 2030
FIG 10 Asia Pacific Green Tire Market by Application, 2019 - 2030, USD Million
FIG 11 Asia Pacific Green Tire Market share by Sales Channel, 2022
FIG 12 Asia Pacific Green Tire Market share by Sales Channel, 2030
FIG 13 Asia Pacific Green Tire Market by Sales Channel, 2019 - 2030, USD Million
FIG 14 Asia Pacific Green Tire Market share by Tire Size, 2022
FIG 15 Asia Pacific Green Tire Market share by Tire Size, 2030
FIG 16 Asia Pacific Green Tire Market by Tire Size, 2019 - 2030, USD Million
FIG 17 Asia Pacific Green Tire Market share by Country, 2022
FIG 18 Asia Pacific Green Tire Market share by Country, 2030
FIG 19 Asia Pacific Green Tire Market by Country, 2019 - 2030, USD Million
FIG 20 SWOT Analysis: Zhongce Rubber Group Co., Limited
FIG 21 SWOT Analysis: Toyo Tire Corporation
FIG 22 SWOT Analysis: Nokian Tyres plc
FIG 23 SWOT Analysis: MRF Limited
FIG 24 SWOT Analysis: Continental AG
FIG 25 SWOT Analysis: Bridgestone Corporation
FIG 26 SWOT Analysis: Pirelli & C. S.p.A.
FIG 27 SWOT Analysis: The Goodyear Tire & Rubber Company
FIG 28 SWOT Analysis: Hankook Tire & Technology
FIG 29 SWOT Analysis: The Yokohama Rubber Co., Ltd.