Progressive Markets has recently published a new report, titled, Global Green Tires Market - Size, Trend, Share, Opportunity Analysis & Forecast, 2014-2025.
As per the report, "Global Green Tires Market Is Anticipated to Register A CAGR Of 9.2% For The Period, 2017-2025".The study is significant for manufacturers since it analyzes present as well as future industry potential. This would enable them to formulate strategies which ensure constant business growth.
The study offers several takeaways of the green tires market, such as a wide-ranging analysis of the industry is conducted closely to follow status of key products. The top manufactures are also monitored closely within the framework of the industry. Knowledge of competition helps key investors and market players to understand the competitive landscape that exists in the industry. An extensive evaluation of the geographical regions helps to determine opportunities that are present within those regions.In the report, the anticipation of present as well as future market trends help stakeholders to understand the consumer behavior.
Research Factor included in Green Tires Industry
The study offers executive summary of the green tires market, such as industry attractiveness, trend analysis, competitive scenario, and recent development in the market. In its introduction section, it gives a detailed description of report, scope, definition, and research methodology. In-depth analysis of the industry landscape, such as drivers, restraints, and its impact on the market is provided.Porters Five Forced analysis is done to determine the market competitiveness.
Segmentation of Green Tires Market by Application Mode and Vehicle Type
The market is analyzed on the basis of application, region, and vehicles type for the period, 2014-2025.
Based on application, the industry is spilt into on-road and off-road. On the basis of geography, it is categorized into Europe, North America, Asia-Pacific, and LAMEA. Based on vehicle type, it is classified into two wheelers, passenger cars, and commercial vehicles.
The North American countries analyzed by the experts are Canada, U.S., and Mexico. The European countries evaluated are Germany, U.K., France, Spain, and Italy. The countries assessed in the region of Asia-Pacific are Japan, China, Australia, India, and South Korea.
The nations covered in the LAMEA region for examination are Saudi Arabia, Brazil, and South Africa.
Key Manufacurers of Global Green Tires Market
The report analyzes each application, type, and region of the green tires market for the forecast as well as historic period, 2017-2025 and 2014-2016 respectively. It discusses following vendors, such as PPG Industries Inc., Pyrolyx AG, The Goodyear Tire & Rubber Co., Michelin, Lanxess, Bridgestone Corporation, Pirelli Tire LLC, Green Arc Tire Manufacturing Inc., Continental AG, and Vittoria. These are analyzed by the experts based on the criterions set by them, which include their recent developments, business & financial segments, and overview. The research evaluates the influencing factors that facilitate the growth of the market, such as strict environment laws & regulation, increase in demand for eco-friendly component & vehicles, and rise in price of diesel & gasoline. The aspects which hinder the prosperity of the industry are also assessed which include fluctuations in prices of raw materials and lack of development in technology.
The abovementioned characteristics of the green tires market are illustrated through tabular format. For instance, some tables give brief description of vendors under the heading of company snapshot. The market share of application, vehicle type, and region are shown through tables. The revenue generated by each segment of the industry is explained with the help of tables during the period, 2014-2025. The same parameters are represented through pictures. For instance, revenue earned by each application and vehicle type is depicted through figures for the historic period. The market value of every country of all regions is showcased through bar charts for the historic as well as forecast period.
The report offers a comprehensive assessment of the green tires market which makes it easy for new entrants to understand the current and future possibilities. It assesses the forecast period which aids big market players to devise future growth strategies.