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Low Rolling Resistance Tire Market Forecast Revised in a New Future Market Insights Report as COVID-19 Projected to Hold a Massive Impact on Sales in 2021

Future Market Research (FMI), in its new report titled ‘Low Rolling Resistance Tire Market: Global Industry Analysis 2013–2017 and Opportunity Assessment, 2018–2028”, offers a ten-year analysis and forecast for the global Low Rolling Resistance Tire Market for the period between 2018 and 2028. This study analyses the global Low Rolling Resistance Tire Market dynamics and trends across seven regions. The Low Rolling Resistance Tire Market research report offers an in-depth analysis of the key trends and drivers responsible for the growth of the global Low Rolling Resistance Tire Market over the forecast period.

The market has been segmented on the basis of product type and application. The Low Rolling Resistance Tire Market study covers various perspectives of the market, including value chain, forecast factors and competition landscape. The report also examines various macro-economic factors and their impact on the growth of Low Rolling Resistance Tire market.

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As per the findings of the Low Rolling Resistance Tire market study and perspectives of industry participants, the global Low Rolling Resistance Tire Market is estimated to grow at a CAGR of 10.8% during the projected period. Growing automotive PARC and production and implementation of government regulations on manufacturing of fuel efficient automotive components and parts will augment the growth of the market during the forecast period.

The FMI report on the global Low Rolling Resistance Tire Market carefully analyses the market on country, regional and global levels through the three Low Rolling Resistance Tire market segments covered in the report. The key aim of the study is to highlight the overall market structure of Low Rolling Resistance Tire Market by country, across regions, and to offer key insights on current market trends, demand, growth opportunities and other relevant information on the global Low Rolling Resistance Tire Market.

Worldwide, the Low Rolling Resistance Tire market is gaining traction owing to its increasing adoption in light commercial vehicles and heavy commercial vehicles, as they run more miles and fuel efficiency & cost saving are some of the important aspects for them. Low Rolling Resistance Tire are, therefore, expected to witness significant growth opportunities in the coming years.

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The Low Rolling Resistance Tire Market report starts with market definitions, followed by market taxonomy. The Low Rolling Resistance Tire market has been segmented on the basis of vehicle type, width type and sales channel. Individual market share of OEM sales channel and aftermarket sales channel has been provided. Low Rolling Resistance Tire market, drivers, restraints, opportunity analysis, trends, market background and analysis by key segments have been discussed at length in the report.

The Low Rolling Resistance Tire Market report also describes macro-economic factors, forecast factors, value chain and product type weighted average pricing analysis. This section also includes the impact assessment of market dynamics on the global Low Rolling Resistance Tire Market. The Low Rolling Resistance Tire Market report also includes regional analysis by country and segments as well as competition assessment.

Each section of the Low Rolling Resistance Tire Market report covers qualitative and quantitative assessment on the basis of historical trends and developments, statistics and key opinions collected from Low Rolling Resistance Tire Market industry leaders through interviews.

Low Rolling Resistance Tire Market: Segmentation

Vehicle Type

  • Passenger Vehicle
  • Light Commercial Vehicle
  • Heavy Commercial Vehicle

Width Type

  • Dual Type
  • Wide Band Type

Sales Channel

  • OEM
  • Aftermarket

Region

  • North America
  • Latin America
  • Europe
  • East Asia
  • South Asia
  • Oceania
  • Middle East & Africa

The analysis of the market was done by calculating the current market size, which provided us with the base for the Low Rolling Resistance Tire Market. To get a better understanding of the Low Rolling Resistance Tire market, we followed three different types of analysis to triangulate the outcomes: primary, secondary and FMI analysis.

The Low Rolling Resistance Tire Market analysis has been presented in terms of Basis Point Share (BPS) to evaluate individual segment’s relative change in market share and respective contribution to the Low Rolling Resistance Tire Market growth. Another key detail of the Low Rolling Resistance Tire Market report is the analysis and revenue forecast for the Low Rolling Resistance Tire market in terms of absolute $ opportunity created by each and individual segment.

In the competition analysis section of the Low Rolling Resistance Tire market study, a competitive analysis of the Low Rolling Resistance Tire market players has been covered to provide a dashboard view of manufacturers and their share in the global Low Rolling Resistance Tire Market along with their key differentiating strategies. Detailed profiles of manufacturers have also been included under the scope of the Low Rolling Resistance Tire market report.

Table Of Content

1. Executive Summary

1.1. Global Market Outlook

1.2. Demand Side Trends

1.3. Supply Side Trends

1.4. Technology Roadmap Analysis

1.5. Analysis and Recommendations

2. Market Overview

2.1. Market Taxonomy

2.2. Market Definition

3. Market Background 

3.1. Macro-Economic Factors

3.2. Forecast Factors – Relevance & Impact

3.3. Value Chain

3.4. Market Dynamics

3.4.1. Drivers

3.4.2. Restraints

3.4.3. Opportunity Analysis

3.4.4. Trend

4. Market Forecast

4.1. Global Low Rolling Resistance (LRR) Tire Market (Market Size US$ Mn) Analysis

4.1.1. Historical Market Value (US$ Mn) Analysis

4.1.2. Current and Future Market Value (US$ Mn) Projections

4.1.2.1. Y-o-Y Growth Trend Analysis

4.1.2.2. Absolute $ Opportunity Analysis

4.2. Pricing Analysis

4.2.1. Pricing Analysis By Vehicle Type

4.2.2. Pricing Analysis By Region

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Some of the key competitors that have been covered in the Low Rolling Resistance Tire market report include Apollo Tyres Ltd., Michelin SCA, Maxxis International, Goodyear Tyre and Rubber Company, Bridgestone Corporation, Yokohama Rubber Company, Pirelli & C. SpA, Continental AG, Cooper Tyre & Rubber Co., Sumitomo, Trelleborg AB, and Hankook Tyre Worldwide Co. Ltd., among others.

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