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).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.
Global Low Rolling Resistance Tire Market Recent Developments
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In June 2023, a tire manufacturer unveiled a new low rolling resistance tire with graphene-enhanced compounds, improving fuel efficiency and durability for commercial vehicles.
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In August 2021, a next-generation low rolling resistance tire featuring advanced tread designs for better traction and reduced energy loss was introduced, targeting electric and hybrid vehicles.
Segment Analysis
The Global Low Rolling Resistance Tire Market is experiencing steady growth, driven by the increasing demand for fuel-efficient and environmentally friendly vehicles. By vehicle type, the market is segmented into passenger vehicles, light commercial vehicles (LCVs), and heavy commercial vehicles (HCVs). Passenger vehicles hold the largest market share due to the rising preference for fuel economy and sustainability among consumers. LCVs and HCVs are also witnessing increased adoption of low rolling resistance (LRR) tires as fleet operators seek to reduce operational costs and comply with stringent emission regulations.
Based on width type, the market is classified into dual-type and wide-band type tires. Dual-type tires are commonly used in heavy commercial vehicles for load distribution and enhanced durability, while wide-band tires are gaining popularity due to their ability to improve traction and fuel efficiency. As manufacturers innovate with advanced rubber compounds and tread designs, the demand for both types is expected to grow, particularly in commercial applications where cost savings and performance efficiency are critical.
The sales channel segment consists of OEM (Original Equipment Manufacturer) and aftermarket sales. The OEM segment is driven by automakers integrating LRR tires into new vehicle models to meet global fuel efficiency standards. Meanwhile, the aftermarket segment is expanding as consumers and fleet operators increasingly replace conventional tires with LRR alternatives for better mileage and lower fuel costs. The rising awareness of LRR tire benefits, coupled with government incentives and regulations promoting energy-efficient vehicles, is further fueling growth in this segment.
From a geographical perspective, the market is segmented into North America, Europe, Asia Pacific, the Middle East & Africa, and Latin America. Asia Pacific dominates the market due to rapid urbanization, a booming automotive industry, and government initiatives supporting fuel-efficient vehicles. North America and Europe are also significant markets, driven by strict fuel economy regulations and high consumer awareness. The Middle East & Africa and Latin America are witnessing gradual adoption, influenced by improving infrastructure and economic growth. As global sustainability goals push for lower carbon emissions, the demand for LRR tires is expected to rise across all regions.
Global Low Rolling Resistance Tire Segment Analysis
In this report, the Global Low Rolling Resistance Tire Market has been segmented by Vehicle Type, Width Type, and Geography.
Global Low Rolling Resistance Tire Market, Segmentation by Vehicle Type
The Global Low Rolling Resistance Tire Market has been segmented by Vehicle Type into Passenger Vehicle, Light Commercial Vehicle, and Heavy Commercial Vehicle.
Each segment represents distinct automotive applications with unique requirements and priorities. Passenger vehicles, including sedans, hatchbacks, SUVs, and crossover vehicles, constitute a significant portion of the market. Consumers driving passenger vehicles are increasingly concerned about fuel efficiency and environmental impact, driving demand for low rolling resistance tires that offer improved fuel economy without sacrificing performance or safety. Light commercial vehicles, such as vans, pickup trucks, and delivery vehicles, are also a key segment in the market. Fleet operators and businesses operating light commercial vehicles prioritize cost savings and operational efficiency, making low rolling resistance tires an attractive choice due to their potential to reduce fuel consumption and extend tire life.
Finally, heavy commercial vehicles, including trucks, buses, and trailers, represent a crucial segment in the low rolling resistance tire market. These vehicles typically cover long distances and consume large amounts of fuel, making fuel efficiency a top priority for fleet operators. Low rolling resistance tires for heavy commercial vehicles offer significant fuel savings over their lifespan, making them a preferred choice for transportation companies looking to reduce operating costs and environmental impact. Overall, the segmentation by vehicle type reflects the diverse range of applications and priorities within the Global Low Rolling Resistance Tire Market, highlighting the importance of offering tailored tire solutions to meet the specific needs of each segment.
Global Low Rolling Resistance Tire Market, Segmentation by Width Type
The Global Low Rolling Resistance Tire Market has been segmented by Width Type into Dual Type and Wide Band Type.
Dual Type tires are characterized by their narrower width, which allows for reduced rolling resistance and improved fuel efficiency. These tires are commonly found in passenger vehicles and light commercial vehicles, where agility, handling, and fuel economy are prioritized. The narrower width reduces friction between the tire and the road surface, resulting in lower energy consumption during vehicle operation.
This makes Dual Type tires particularly appealing to consumers seeking to reduce their carbon footprint and lower their fuel expenses without compromising on performance. On the other hand, Wide Band Type tires offer a broader contact patch with the road surface, providing enhanced stability, traction, and load-carrying capacity. These tires are often utilized in heavy commercial vehicles and applications where durability and robust performance are critical. While Wide Band Type tires may have slightly higher rolling resistance compared to Dual Type tires, they excel in heavy-duty operations and long-haul transportation scenarios.
The segmentation of the Global Low Rolling Resistance Tire Market by Width Type enables tire manufacturers to tailor their product offerings to meet the specific needs and preferences of different vehicle segments and applications. By offering a diverse range of tires optimized for various width requirements, manufacturers can effectively address the evolving demands of consumers and capitalize on opportunities for market growth and expansion.
Global Low Rolling Resistance Tire Market, Segmentation by Sales Channel
The Global Low Rolling Resistance Tire Market has been segmented by Sales Channel into OEM, and Aftermarket.
The Global Low Rolling Resistance Tire Market is segmented by sales channel into OEM (Original Equipment Manufacturer) and Aftermarket, each serving distinct customer needs and market dynamics. The OEM segment primarily caters to automotive manufacturers that equip new vehicles with low rolling resistance (LRR) tires as part of their factory-installed components. This segment is driven by the increasing emphasis on fuel efficiency, environmental regulations, and the adoption of electric vehicles (EVs), where LRR tires help optimize battery range. Partnerships between tire manufacturers and automotive companies ensure that high-performance LRR tires are integrated into new car models, influencing long-term market growth.
The Aftermarket segment addresses consumers and fleet operators looking to replace or upgrade their vehicle tires with fuel-efficient alternatives. Demand in this segment is fueled by growing awareness of sustainability, cost savings from improved fuel economy, and government policies promoting eco-friendly automotive solutions. Vehicle owners, particularly those in logistics and transportation, are increasingly opting for LRR tires to reduce operational costs. Additionally, advancements in tire technology, such as improved tread compounds and enhanced durability, make aftermarket LRR tires an attractive choice for budget-conscious and environmentally conscious buyers.
Both sales channels contribute significantly to the overall market growth, albeit with different demand drivers and competitive landscapes. While OEM sales benefit from long-term contracts and collaborations with automakers, the Aftermarket segment is influenced by consumer preferences, pricing strategies, and retail distribution networks. The rise of e-commerce platforms has also expanded the reach of aftermarket LRR tires, allowing consumers to compare brands and specifications more easily. As automotive electrification and sustainability trends continue to shape the industry, both segments are expected to witness steady growth, with increasing innovation in tire design and material science playing a crucial role in market expansion.
Global Low Rolling Resistance Tire Market, Segmentation by Geography
In this report, the Global Low Rolling Resistance Tire Market has been segmented by Geography into five regions; North America, Europe, Asia Pacific, Middle East and Africa, and Latin America.
Global Low Rolling Resistance Tire Market Share (%), by Geographical Region, 2024
Geographically, the automotive low rolling resistance tire market is segmented into four key regions: North America, Europe, Asia Pacific, and the rest of the world. Among these regions, Asia Pacific is poised to dominate the market over the forecast period. This dominance can be attributed to the region's burgeoning automotive industry, driven by factors such as rising disposable incomes, urbanization, and infrastructure development. As countries in Asia Pacific witness increasing sales and production of vehicles, there is a corresponding uptick in demand for low rolling resistance tires. This is fueled by the growing emphasis on fuel efficiency and environmental sustainability, both among consumers and regulatory bodies.
In Europe, the automotive low rolling resistance tire market is expected to exhibit significant growth. This can be attributed to stringent regulations imposed by government bodies aimed at reducing vehicle emissions and improving air quality. European consumers are increasingly opting for fuel-efficient vehicles in response to these regulations, driving demand for low rolling resistance tires. Additionally, the region's automotive industry is characterized by a strong focus on innovation and technological advancements, further contributing to market growth. The demand for low rolling resistance tires is also bolstered by increasing awareness among consumers about the environmental impact of vehicle emissions. Similarly, North America is anticipated to experience steady growth in the automotive low rolling resistance tire market.
While the region may not exhibit the same level of dominance as Asia Pacific, factors such as rising environmental awareness, fuel efficiency standards, and consumer preferences for eco-friendly vehicles are driving demand for low rolling resistance tires. Additionally, advancements in tire technology and the presence of key market players contribute to the region's growth prospects. Overall, the global automotive low rolling resistance tire market is shaped by a combination of factors, including regional economic dynamics, regulatory frameworks, consumer preferences, and technological advancements. While Asia Pacific leads the market due to its rapid automotive industry expansion, Europe and North America are also significant contributors driven by regulatory pressures and consumer demand for fuel-efficient vehicles. As the automotive industry continues to evolve and prioritize sustainability, the demand for low rolling resistance tires is expected to remain robust across all regions, driving market growth and innovation in the years to come.
Market Dynamics
This report provides an in depth analysis of various factors that impact the dynamics of Global Low Rolling Resistance Tire Market. These factors include; Market Drivers, Restraints and Opportunities Analysis.
Drivers, Restraints and Opportunity Analysis
Drivers:
- Fuel Efficiency and Cost Savings
- Increasing Awareness and Demand for Sustainable Solutions
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Rising Automotive Production and Sales- As automotive production and sales increase globally, the demand for tires, including low rolling resistance tires, experiences a corresponding uptick. This growth is fueled by several factors contributing to the expansion of the automotive industry. Economic development and rising consumer purchasing power in emerging markets drive increased demand for vehicles. Countries in Asia Pacific, Latin America, and other regions are experiencing rapid industrialization and urbanization, leading to a growing middle class with greater disposable incomes
. As a result, there is a surge in demand for personal vehicles, commercial vehicles, and other automotive applications, propelling automotive production and sales upward. Technological advancements and innovations in the automotive sector contribute to the proliferation of vehicle models equipped with advanced features, including fuel-efficient technologies. Automakers are increasingly focusing on enhancing fuel economy and reducing emissions to meet regulatory requirements and consumer preferences for environmentally friendly vehicles. Low rolling resistance tires play a crucial role in achieving these objectives by minimizing energy loss as the tire rolls, thereby improving fuel efficiency and reducing CO2 emissions.Moreover, changing consumer preferences and the growing awareness of environmental sustainability drive the adoption of fuel-efficient vehicles. Consumers are becoming increasingly conscious of the environmental impact of their transportation choices and are actively seeking vehicles that offer better fuel economy and lower emissions. This trend is particularly pronounced in mature markets such as Europe and North America, where stringent emissions regulations and environmental awareness campaigns influence consumer behavior. Additionally, government initiatives and policies aimed at promoting energy efficiency and reducing greenhouse gas emissions further stimulate the demand for low rolling resistance tires. Many countries have implemented fuel efficiency standards, emissions regulations, and incentive programs to encourage the adoption of eco-friendly vehicles and technologies. These policies create a favorable market environment for low rolling resistance tires by incentivizing automakers and consumers to prioritize fuel efficiency and emissions reduction in vehicle design and purchasing decisions.
Restraints:
- Performance Trade-offs
- Limited Availability and Variety
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Infrastructure and Technology Barriers- Infrastructure barriers primarily revolve around the availability and accessibility of charging facilities for electric vehicles (EVs) and plug-in hybrid electric vehicles (PHEVs). Despite the increasing popularity of low rolling resistance tires, the transition to electric and hybrid vehicles is constrained by the limited infrastructure for EV charging, especially in certain regions. Insufficient charging stations, particularly in rural areas and developing countries, create range anxiety among consumers, dampening their enthusiasm for electric vehicles equipped with low rolling resistance tires. Moreover, the slow pace of infrastructure development and the high costs associated with establishing charging networks pose obstacles to market expansion.
On the technological front, barriers arise from the complexities and costs associated with manufacturing low rolling resistance tires. Developing tires with optimal rolling resistance properties requires advanced materials, engineering expertise, and precise manufacturing processes, all of which contribute to higher production costs. Additionally, ensuring that low rolling resistance tires meet safety, durability, and performance standards without compromising other essential tire characteristics such as traction and braking capabilities presents a significant technological challenge for tire manufacturers. Moreover, the ongoing research and development required to innovate and improve low rolling resistance tire technologies incur additional expenses, limiting the affordability and accessibility of these tires for some consumers.
Furthermore, the automotive industry's reliance on traditional combustion engine vehicles poses a technological barrier to the widespread adoption of low rolling resistance tires. While electric and hybrid vehicles offer significant fuel efficiency benefits when equipped with low rolling resistance tires, the majority of vehicles on the road still utilize conventional internal combustion engines. Convincing consumers to switch to electric or hybrid vehicles equipped with low rolling resistance tires requires overcoming barriers such as high upfront costs, limited model availability, and concerns about battery range and performance. Additionally, the transition to electric and hybrid vehicles necessitates investments in charging infrastructure, further complicating the adoption process.
Opportunities:
- Fuel Efficiency and Cost Savings
- Growth in Electric and Hybrid Vehicles
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Consumer Awareness and Demand for Sustainability- As awareness of environmental issues grows, consumers are increasingly seeking out products and solutions that align with their values of sustainability and eco-friendliness. In the automotive sector, this translates to a rising demand for vehicles and components that minimize environmental impact, including tires with low rolling resistance. Consumers are becoming more educated about the relationship between vehicle emissions, fuel efficiency, and environmental degradation. They understand that traditional tires with higher rolling resistance contribute to increased fuel consumption and carbon emissions, negatively impacting both the environment and their wallets. As a result, there is a growing preference for low rolling resistance tires, which offer improved fuel efficiency and reduced carbon footprint. Moreover, consumers are actively seeking out products that help them reduce their environmental footprint without sacrificing performance or convenience. Low rolling resistance tires offer a compelling value proposition by delivering not only environmental benefits but also cost savings over the long term. By improving fuel efficiency, these tires help drivers save money on fuel expenses and reduce their overall carbon footprint, aligning with consumers' desire for sustainable and cost-effective solutions. Furthermore, the demand for sustainability extends beyond individual consumers to businesses and fleet operators. Commercial entities are increasingly prioritizing sustainability in their operations and seeking ways to reduce their carbon emissions and operating costs. For fleet operators, adopting low rolling resistance tires can lead to significant fuel savings across their entire vehicle fleet, resulting in lower operational expenses and a reduced environmental impact.
Manufacturers and retailers in the low rolling resistance tire market have an opportunity to capitalize on this growing consumer awareness and demand for sustainability. By emphasizing the environmental benefits of low rolling resistance tires in their marketing efforts and product offerings, they can attract environmentally conscious consumers and differentiate themselves in the competitive market landscape. Additionally, educating consumers about the importance of tire selection in improving fuel efficiency and reducing emissions can further drive adoption of low rolling resistance tires.
Competitive Landscape Analysis
Key players in Global Low Rolling Resistance Tire Market include:
- Apollo Tyres Ltd.
- Bridgestone Corp.
- Continental AG
- Cooper Tire & Rubber Co.
- Hankook Tire & Technology Co. Ltd.
- Michelin Group
- Pirelli & C. Spa
- The Goodyear Tire & Rubber Co.
- The Yokohama Rubber Co. Ltd.
- ZHONGCE RUBBER GROUP Co. Ltd.
In this report, the profile of each market player provides following information:
- Company Overview and Product Portfolio
- Key Developments
- Financial Overview
- Strategies
- Company SWOT Analysis
- Introduction
- Research Objectives and Assumptions
- Research Methodology
- Abbreviations
- Market Definition & Study Scope
- Executive Summary
- Market Snapshot, By Vehicle Type
- Market Snapshot, By Width Type
- Market Snapshot, By Sales Channel
- Market Snapshot, By Region
- Global Low Rolling Resistance Tire Market Dynamics
- Drivers, Restraints and Opportunities
- Drivers
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Fuel Efficiency and Cost Savings
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Increasing Awareness and Demand for Sustainable Solutions
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Rising Automotive Production and Sales
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- Restraints
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Performance Trade-offs
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Limited Availability and Variety
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Infrastructure and Technology Barriers
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- Opportunities
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Fuel Efficiency and Cost Savings
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Growth in Electric and Hybrid Vehicles
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Consumer Awareness and Demand for Sustainability
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- Drivers
- PEST Analysis
- Political Analysis
- Economic Analysis
- Social Analysis
- Technological Analysis
- Porter's Analysis
- Bargaining Power of Suppliers
- Bargaining Power of Buyers
- Threat of Substitutes
- Threat of New Entrants
- Competitive Rivalry
- Drivers, Restraints and Opportunities
- Market Segmentation
- Global Low Rolling Resistance Tire Market, By Vehicle Type, 2021 - 2031 (USD Million)
- Passenger Vehicle
- Light Commercial Vehicle
- Heavy Commercial Vehicle
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Global Low Rolling Resistance Tire Market, By Width Type, 2021 - 2031 (USD Million)
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Dual Type
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Wide Band Type
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- Global Low Rolling Resistance Tire Market, By Sales Channel, 2021 - 2031 (USD Million)
- OEM
- Aftermarket
- Global Low Rolling Resistance Tire Market, By Geography, 2021 - 2031 (USD Million)
- North America
- United States
- Canada
- Europe
- Germany
- United Kingdom
- France
- Italy
- Spain
- Nordic
- Benelux
- Rest of Europe
- Asia Pacific
- Japan
- China
- India
- Australia & New Zealand
- South Korea
- ASEAN (Association of South East Asian Countries)
- Rest of Asia Pacific
- Middle East & Africa
- GCC
- Israel
- South Africa
- Rest of Middle East & Africa
- Latin America
- Brazil
- Mexico
- Argentina
- Rest of Latin America
- North America
- Global Low Rolling Resistance Tire Market, By Vehicle Type, 2021 - 2031 (USD Million)
- Competitive Landscape
- Company Profiles
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Apollo Tyres Ltd.
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Bridgestone Corp.
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Continental AG
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Cooper Tire & Rubber Co.
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Hankook Tire & Technology Co. Ltd.
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Michelin Group
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Pirelli & C. Spa
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The Goodyear Tire & Rubber Co.
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The Yokohama Rubber Co. Ltd.
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ZHONGCE RUBBER GROUP Co. Ltd.
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- Company Profiles
- Analyst Views
- Future Outlook of the Market