Green Tire Market- How Change In Manufacturing Process Of Green
Tire Can Make Impact On Production & Supply In Global Market
Increasing demand for automobiles and desire for improved handling
and safety are the other factors anticipating Green Tire Market growth
over six years. Increasing environmental awareness among consumers
is expected to be one of the major factor driving the market growth.
Global green tire market is expected to witness significant growth over the forecast period. Rising
energy cost, increasing environmental awareness among consumers, rising global population base,
rising R&D expenditures and, inflexible government regulations are the drivers estimated to boost
the growth of green tire market. In addition, increasing demand for automobiles and desire for
improved handling and safety are the other factors anticipating market growth over six years.
Increasing environmental awareness among consumers is expected to be one of the major factor
driving the market growth owing to the benefits associated with it such as eco-friendliness, high
durability, fuel efficient and, providing grip and reducing carbon emission. Green tires also help in
minimizing roll resistance and increasing performance of tires.
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