Global Low Rolling Resistance Tire Market Growth, Share, Size, Trends and Forecast (2025 - 2031)

By Vehicle Type;

Passenger Vehicle, Light Commercial Vehicle, and Heavy Commercial Vehicle.

By Width Type;

Dual Type, and Wide Band Type.

By Sales Channel;

OEM, and Aftermarket.

By Geography;

North America, Europe, Asia Pacific, Middle East and Africa, and Latin America - Report Timeline (2021 - 2031).
Report ID: Rn956491306 Published Date: March, 2025 Updated Date: April, 2025

Introduction

Global Low Rolling Resistance Tire Market (USD Million), 2021 - 2031

In the year 2024, the Global Low Rolling Resistance Tire Market was valued at USD 20,853.00 million. The size of this market is expected to increase to USD 49,363.59 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 13.1%.

A low rolling resistance reduces the energy loss by tire owing to rolling. Graphene material is used in tires to minimize the rolling effect of the tire, and this will help to lower the fuel consumption. An advanced design of the low rolling resistance tires guarantees better traction for the vehicles to drive safely on wet or dry roads. The design on the outer side of the tire ensures better traction. Lowering the rolling effect of the tire leads to an increase in fuel efficiency vehicle. The conventional tires have a deeper tread pattern that is designed for a safe driving experience on rough terrains, while low rolling resistance tires are considered more suitable for flat and smooth highways. Drivers can enjoy a safe drive regardless of high-speed parameters.

The increasing demand for fuel-efficient vehicles is also expected to drive the low rolling resistance tire market over the forecast period. The government regulations regarding the tires to lower the carbon product is likely to boost the demand for the low rolling resistance tires. The rising production and sales of passenger and light commercial vehicles globally are also anticipated to propel the automotive low rolling resistance tire market.

All these factors are expected to help to drive the growth of the automotive low rolling resistance tire market. The high cost of the low rolling resistance tires compared to the standard tires is expected to hamper the growth of the low rolling resistance tire market during the forecast period.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Vehicle Type
    2. Market Snapshot, By Width Type
    3. Market Snapshot, By Sales Channel
    4. Market Snapshot, By Region
  4. Global Low Rolling Resistance Tire Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Fuel Efficiency and Cost Savings

        2. Increasing Awareness and Demand for Sustainable Solutions

        3. Rising Automotive Production and Sales

      2. Restraints
        1. Performance Trade-offs

        2. Limited Availability and Variety

        3. Infrastructure and Technology Barriers

      3. Opportunities
        1. Fuel Efficiency and Cost Savings

        2. Growth in Electric and Hybrid Vehicles

        3. Consumer Awareness and Demand for Sustainability

    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Global Low Rolling Resistance Tire Market, By Vehicle Type, 2021 - 2031 (USD Million)
      1. Passenger Vehicle
      2. Light Commercial Vehicle
      3. Heavy Commercial Vehicle
    2. Global Low Rolling Resistance Tire Market, By Width Type, 2021 - 2031 (USD Million)

      1. Dual Type

      2. Wide Band Type

    3. Global Low Rolling Resistance Tire Market, By Sales Channel, 2021 - 2031 (USD Million)
      1. OEM
      2. Aftermarket
    4. Global Low Rolling Resistance Tire Market, By Geography, 2021 - 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. Apollo Tyres Ltd.

      2. Bridgestone Corp.

      3. Continental AG

      4. Cooper Tire & Rubber Co.

      5. Hankook Tire & Technology Co. Ltd.

      6. Michelin Group

      7. Pirelli & C. Spa

      8. The Goodyear Tire & Rubber Co.

      9. The Yokohama Rubber Co. Ltd.

      10. ZHONGCE RUBBER GROUP Co. Ltd.

  7. Analyst Views
  8. Future Outlook of the Market