Green Tire Market Poised for Growth, Expected to Reach USD 85.79 Billion by 2033 at a 9.8% CAGR | FMI Reports

Green Tire Market The global green tire market is poised for substantial growth, expected to reach USD 85.79 billion by 2033, rising from USD 33.68 billion in 2023, driven by a compound annual growth rate (CAGR) of 9.8% over the forecast period. This momentum is propelled by increasing environmental awareness, government incentives, and the adoption …

Global Green Tire Market Revenue Anticipated to Surge Past USD 85.79 Billion Milestone by 2033, Growing at an Impressive 9.8% CAGR

The green tire market is projected to generate revenue of USD 85.79 billion by 2033, up from USD 33.68 billion in 2023, reflecting a robust CAGR of 9.8% from 2023 to 2033. The growth of the green tire industry is driven by increasing environmental awareness, stringent government regulations on carbon emissions, and the rising demand for fuel-efficient vehicles. Consumers are increasingly opting for …

Green Tire Market Eyes 9.8% CAGR, USD 85.79 Billion Revenue by 2033

The green tire market is forecasted to garner revenue of USD 85.79 Billion by 2033, up from USD 33.68 billion in 2023, advancing at a CAGR of 9.8% from 2023 to 2033. Germany is expected to account for approximately 7.7% of the European market by 2033, owing to growing environmental concerns, favorable government support, the rising popularity of green tire technology, …

Green Tire Market – Global Industry Analysis, Share, Size And Forecast, 2022 – 2032

The global green tires market size is projected to increase from US$ 31.1 Bn in 2022 to US$ 78.6 Bn by 2032, accelerating at a CAGR of 9.7% between 2022 and 2032. Rising demand for fuel efficient vehicles and vehicle components to reduce environmental pollution is a key factor driving the global green tires market. Green tires are essential for lowering the price and …