Product Code: ETC4508545 | Publication Date: Jul 2023 | Updated Date: Aug 2025 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 85 | No. of Figures: 45 | No. of Tables: 25 | |
The India green tires market is witnessing a notable shift towards environmentally friendly and fuel-efficient tire solutions. Green tires are designed to reduce rolling resistance, thereby enhancing fuel efficiency and reducing carbon emissions. With the India government`s initiatives to promote sustainable transportation and the growing awareness of environmental issues, the demand for green tires is expected to rise, especially in the automotive and transportation sectors.
The green tires market in India is primarily driven by the increasing awareness of environmental sustainability and regulations promoting fuel efficiency. Green tires, also known as eco-friendly or low rolling resistance tires, are designed to reduce fuel consumption and carbon emissions by minimizing energy loss during rolling. With the India government`s focus on reducing greenhouse gas emissions and the automotive industry`s commitment to meeting stringent emission standards, the demand for green tires is rising. Additionally, consumer preferences for fuel-efficient and environmentally responsible vehicles are accelerating the adoption of green tires.
The green tires market in India is confronted with several challenges, primarily related to technological advancements and consumer awareness. The development of green tire technology and materials demands substantial investment in research and development. Consumer education about the environmental benefits and long-term cost savings associated with green tires is vital but challenging. Additionally, the initial higher cost of green tires can deter price-sensitive consumers. Manufacturers need to strike a balance between production costs and environmental sustainability while raising awareness to drive market adoption.
The green tires market in India felt the effects of the pandemic as automobile production and usage plummeted during lockdowns. The market for eco-friendly tires suffered a temporary setback, but as the automotive sector started recovering, there was a renewed focus on sustainable and fuel-efficient options. This, in turn, boosted the demand for green tires. The COVID-19 crisis underscored the importance of environmentally friendly practices, which is likely to drive further growth in this segment as the country moves towards a sustainable and green future.
Several prominent companies operate within the India green tires market, including MRF Limited, Apollo Tyres Ltd, CEAT Ltd, JK Tyre & Industries Ltd, and TVS Srichakra Ltd.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 India Green Tires Market Overview |
3.1 India Country Macro Economic Indicators |
3.2 India Green Tires Market Revenues & Volume, 2021 & 2031F |
3.3 India Green Tires Market - Industry Life Cycle |
3.4 India Green Tires Market - Porter's Five Forces |
3.5 India Green Tires Market Revenues & Volume Share, By Vehicle Type, 2021 & 2031F |
3.6 India Green Tires Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 India Green Tires Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing government regulations promoting environmental sustainability |
4.2.2 Growing awareness about reducing carbon footprint and adopting eco-friendly products |
4.2.3 Rise in consumer demand for energy-efficient and sustainable products |
4.3 Market Restraints |
4.3.1 High initial cost of green tires compared to conventional tires |
4.3.2 Limited availability and accessibility of green tire technology and manufacturing infrastructure |
4.3.3 Lack of standardization and certification for green tires in the market |
5 India Green Tires Market Trends |
6 India Green Tires Market, By Types |
6.1 India Green Tires Market, By Vehicle Type |
6.1.1 Overview and Analysis |
6.1.2 India Green Tires Market Revenues & Volume, By Vehicle Type, 2021-2031F |
6.1.3 India Green Tires Market Revenues & Volume, By Passenger Cars, 2021-2031F |
6.1.4 India Green Tires Market Revenues & Volume, By Light Commercial Vehicle, 2021-2031F |
6.2 India Green Tires Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 India Green Tires Market Revenues & Volume, By On-Road, 2021-2031F |
6.2.3 India Green Tires Market Revenues & Volume, By Off-Road, 2021-2031F |
7 India Green Tires Market Import-Export Trade Statistics |
7.1 India Green Tires Market Export to Major Countries |
7.2 India Green Tires Market Imports from Major Countries |
8 India Green Tires Market Key Performance Indicators |
8.1 Percentage of tire manufacturers investing in green tire technology RD |
8.2 Adoption rate of green tires in commercial vehicle fleets |
8.3 Number of government policies and incentives promoting the use of green tires in transportation sector |
9 India Green Tires Market - Opportunity Assessment |
9.1 India Green Tires Market Opportunity Assessment, By Vehicle Type, 2021 & 2031F |
9.2 India Green Tires Market Opportunity Assessment, By Application, 2021 & 2031F |
10 India Green Tires Market - Competitive Landscape |
10.1 India Green Tires Market Revenue Share, By Companies, 2024 |
10.2 India Green Tires Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |