Global Low Rolling Resistance Tire Market 2025 – 2034

According to market research by the CMI Team, the global Low Rolling Resistance Tire Market is projected to grow at a CAGR of 11.8% from 2025 to 2034. The market size in 2025 is estimated at USD 20.25 Billion and is expected to reach approximately USD 41.52 Billion by 2034.

Low Rolling Resistance Tire Market Overview

Low-rolling-resistance tires are constructed such that the amount of energy lost as a tire deforms during rolling (flexing) is reduced to improve the fuel efficiency of a vehicle. By minimizing the energy that is dissipated, mostly as heat, when the tire hits the road, these tires help the car use gasoline more efficiently.

In the automobile industry, the demand for reducing emissions and enhancing fuel economy is increasing day by day. To comply with the more stringent environmental regulations being imposed by governments around the world, carmakers have been increasingly using LRR technology to meet these standards and enhance vehicle performance. These range from advances in tyre technology to the rise of the electric vehicle and the fact that consumers have become more aware of the need for sustainability.

Further advancements in materials and design are expected to improve design efficiencies, lifetime, and cost-of-ownership characteristics of the tires, thus reducing the payback period and potentially enabling broader market adoption in the passenger, commercial, and industrial vehicle markets. For all these reasons, they are playing a major role in the low rolling resistance tires market.

Low Rolling Resistance Tire Market Trump Administration Tariff

The principal materials for LRR (low rolling resistance) tires are synthetic rubber, silica, carbon black, and special polymers. These parts are traded between many countries all over the world, but the Asia-Pacific region alone, notably China and Malaysia, is significant. The prices of those components rose because of Trump’s tariffs on Chinese imports. This made tire manufacturing more expensive and put margins for both OEMs and Tier-1 suppliers under pressure.

The imposition of Section 301 tariffs put up costs for those manufacturers that relied on imported LRR tires or raw materials. U.S. automakers and fleet operators, particularly for budget and mid-tier vehicles, had few or no alternatives for affordable, fuel-efficient tire replacements. This made it difficult for consumers to identify energy-saving products.

Tariffs disrupted the supply chain and forced companies to look for other sources of supplies. Some tire companies had to relocate their production or obtain components from nations that were not subject to tariffs. This led to production disruptions and associated retooling costs that postponed the introduction of new LRR tire lines for electric and hybrid vehicles.

Big manufacturers like Michelin and Bridgestone also have to reduce the risk of tariffs by shifting their strategies in North America by constructing plants there or forming new ties with local companies. Smaller tire brands that had less flexibility with their supply chains, meanwhile, found it more challenging to remain competitive and to keep prices the same in the low rolling resistance (LRR) market.

Low Rolling Resistance Tire Market Growth Factors

What’s driving the global market, the development that helps it grow, is the increasing desire for cars that use less gas and emit less carbon. This, in turn, should cause more people to want low-resistance tires throughout the period under consideration.

But the high price of low rolling resistance tires is expected to hinder market growth over the forecast period. Conversely, an increasing concern towards the environment and the conservation of natural resources and high demand for fuel-efficient vehicles are expected to generate lucrative opportunities for the industry.

The following are the factors adding value to the low rolling resistance tires market:

• Increasing numbers of people want to save fuel: The need for lightweight vehicles has grown dramatically over the last few years. Due to this, manufacturers of Low Rolling Resistance tires are increasingly using a wide-based LRR tire for trucks and buses. These tires render the vehicles lightweight and fuel-efficient. The highway trucks will use low rolling-resistance tires, and because they are lighter, fleet operators will be able to load them with a lot of weight, which is useful in weight-sensitive applications. So, all these factors are anticipated to further enhance the overall low rolling resistance tire market growth over the forecast period.

• Reduced carbon dioxide emissions: More frequent use of low rolling resistance tires reduces energy loss from resistance, which results in more efficient vehicles. There is also a better-designed low rolling resistance tire that requires less gasoline, that’s more efficient, safer, and better at what it does.” Thus, less rolling resistance leads to less overall fuel consumption, and low rolling resistance is becoming popular in the transportation industry.

Low Rolling Resistance Tire Market Trends

• The tire sector is one business that has been significantly impacted by the global focus on sustainability, energy savings, and reduced emissions. Low rolling resistance (LRR) tires represent an important new. A technology product was introduced to make transportation more eco-friendly. These tires are formulated to waste less energy as heat as a tire rolls and twists under load. This reduces the amount of gas that the car uses and the CO₂ that it emits. As rules get tougher and they learn more about them, LRR tires are becoming more important for internal combustion engine (ICE) vehicles as well as electrified platforms such as hybrids and electric vehicles (EVs).

• OEM Integration and Moving the Regulators: Car companies all over the globe are installing LRR tires on cars as part of a larger strategy to adhere to ever more stringent environmental standards. In major urban centers like Paris, London, and Tokyo, urban low-emission zones (LEZs) are effectively making it difficult for cars to pollute the air. These regulations incentivize people to use low rolling resistance (“LRR”) tires that will directly decrease tailpipe emissions while also making vehicles more fuel-efficient across the board. For manufacturers, they represent an inexpensive way to add a little fuel economy without investing a great deal in the powertrain. A growing number of passenger cars, SUVs, and light commercial vehicles are today equipped ex-factory with LRR tyres or are available with these as a factory-fitted option. These vehicles, especially the hybrid and electric, enjoy the most benefit as they are sensitive to energy, and being efficient is the priority.

• Bespoke Electric Cars: Electric cars are more difficult to repair because their battery packs are expensive and heavy, and they produce a lot of torque at low engine speeds. Tire manufacturers are doing this by producing LRR tires that are optimized to go the farthest, serve the longest, and grip the most. High-end tire manufacturers like Pirelli, Bridgestone, Continental, and Michelin have all partnered with popular electric vehicle (EV) brands such as Tesla, Hyundai, BMW and Lucid Motors to develop better LRR tires. Typically, they contain a silica-reinforced tread compound, lower rolling resistance casing profiles, and tread patterns configured to retain their shape under load. While excel the Mere demand, Purpose-built rubber, for example, Michelin’s Pilot Sport EV and Bridgestone’s Turanza Eco, has only been made specifically for EVs to allow them to travel a few kilometers farther on each charge.

• Thomson Reuters Predictive Maintenance and Smart Tire Technology: Digitalization has arrived within the tire business, and the new generation of LRR tires is increasingly hooked up to what we call “smart tire technology.” A few of these are Radio Frequency Identification (RFID) tags, pressure sensors, and IoT-capable diagnostic tools that monitor and transmit real-time info on tread wear, rolling resistance,  temperature, and inflation status. Such solutions are incredibly useful to fleet owners and commercial vehicle managers. For example, Goodyear’s smart tire management platform allows you to monitor tires in real time and schedule maintenance in advance, reducing downtime and extending the life of tires. This is not only more efficient,  but it also maximizes the value of LRR tires for commercial fleets.

• Comfortable Ride, Less Noise: People today value more than how a car performs; they also care about how quiet and smooth the ride is, especially in electric and premium cars, where the absence of engine noise makes the noise from the tires more noticeable. The trend is already being addressed by manufacturers who now produce low rolling resistance (LRR) tires with inserts of acoustic foam, aerodynamic sidewall contour, and low rolling resistance rubber polymer to provide low noise and a smoother ride without compromising performance. Take Bridgestone’s ENLITEN technology, which delivers lower weight, lower rolling resistance, and a better ride. Continental’s ContiSilent tires, by contrast, employ thin layers of polyurethane foam to reduce noise inside the car by up to 9 decibels. These enhancements are critical to ensure other future advances in LRR tires do not make driving a bummer while also being good for the environment and good for your wallet.

• Eco-friendly and Circular Economy Materials: The market for LRR tires is starting to mirror the concepts of circular economy and making things in a way that is best for the planet. Tire manufacturers are making tires with bio-based polymers, renewable lubricants, and reclaimed carbon black so they have a smaller impact on the environment. By 2050, Michelin has pledged to produce tires from 100% sustainable materials. They’re already meeting their short-term objectives with materials such as natural rubber, ash from burning rice husks with silica, and recycled steel. At the same time, programs for recycling and retreading tires are gaining popularity, especially among businesses where the cost over the life of the product and environmental impact are of utmost importance. These objectives can be achieved by making a longer-wearing LRR tire that has less frequent replacement and consumes fewer raw materials.

• Demand is Rising In Developing Economies: The requirement for LRR tires is increasing rapidly in Asia-Pacific, Latin America, & the Middle East emerging markets. That is because fuel is getting more expensive, regulations are changing, and more people are worried about the environment. “Vehicle ownership and urbanization are growing in countries such as India, China, Brazil, and Indonesia.” This has caused tire manufacturers, tire warehouses, and new tire distributors to work with less environmentally harmful tires. In these areas, local governments are also starting to establish programs to certify fuel-efficient vehicles and offer tax incentives for environmentally friendly car parts, including LRR tires. China’s Green Tire Labeling Program, for instance, categorizes tires based on how freely they roll and the grip they provide on wet surfaces. That would motivate OEMs to select products that do well and minimize emissions.

• The Aftermarket And Consumer Knowledge: As consumers become more eco- and cost-conscious, LRR tires are more and more common in the replacement tire market. If you drive a lot, LRR tires are a friend of yours because they cut the cost of gas and get better tire mileage. LRR tires are being pushed by retailers and service centers as part of green car maintenance packages. They are matching them with tire pressure monitoring systems (TPMS) and wheel alignment services for the best results. Getting the sort of tires to more of the population also is a big part of getting LRR tires to more consumers via online and e-commerce channels.” They open performance comparisons, user ratings, and price information to customers.

• Market Drivers Of Innovation And Research: It will do the LRR tire market good, as long as there is some new technology to offer. Adding to it, it includes research into nanomaterials, multi-layer tread technologies, and adaptive tread patterns, which change on their own, depending on the road. And tire makers are employing simulation tools to help design tires that perform against conflicting requirements such as low rolling resistance, good grip, and high wear resistance, to optimize the geometry and the materials. In addition, collaborations among carmakers, colleges, and tech startups are also helping to speed up the development of new tire materials and performance standards. This further underscores the relevance and expansion potential of the LRR category.

Low Rolling Resistance Tire Market Restraining Factors

• Adoption Of These Tires Comes With A High Initial Cost: One of the major factors that contributes to the hindrance of market adoption is the high upfront costs associated with tire adoption. There may be a capacity constraint toward adoption of low rolling resistance tires, especially in price conscious markets, insofar as the initial investment in such tires may be considered more expensive when compared with the standard tires. Also the production process is complicated, and special material is needed to make these types of tires, these are some of the factors that may impact on the high cost that is attributed to the manufacture of the tires.

Low Rolling Resistance Tire Market Segmentation Analysis

The Global Low Rolling Resistance Tire Market is divided into groups based on vehicle type, width type, application, and region. The market is divided into three groups based on the kind of vehicle: passenger cars, ICVs, and HCVs. There are two types of width on the market: dual type and wideband type. The market is divided into OEM and after-sales based on the sales channel. The market is divided into on-road and off-road based on how the product is used. The market is divided into five regions: North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa.

• By Type:: Passenger Cars are anticipated to account for the largest share of the Low Rolling Resistance Tire market. There are so many passenger cars traveling the highways of the world that they are a big market opportunity for low rolling resistance tires. Gas mileage matters far more to customers, especially those who drive passenger cars, as gas prices are on the rise and dangers related to the environment are escalating. People like low rolling resistance tires because they can help improve fuel economy. Electric vehicles (EVs) are anticipated to be the fastest-growing part. Electric vehicle (EV) manufacturers are always on the hunt for new ways to manufacture a wider range of electric cars. Low rolling resistance tires add range to each charge by minimizing electrical loss. Those who purchase electric vehicles (EVs) tend to care greatly for their environment. Low rolling resistance tires fit with the environment-friendly image of electric cars, which is why they are so common in the field.

• By Application: The daily driving need is anticipated to offer the largest share of the Low Rolling Resistance Tire market. Daily use is casual driving, which is most common for most people. This application is the most significant, as it is commonly found in passenger cars as well as commercial vehicles in everyday usage conditions. The software portion for electric vehicles (EVs) will grow the most quickly. Fuel Efficiency Demands: Low rolling resistance tires are really beneficial for electric vehicles (EVs) as they make them power efficient. But this is the electric car world, and what’s more important to EV buyers is the fact that they can go further on a single charge.

• By Sales Channel: The OEM section dominates a major share of the market as automobile companies are increasingly focusing on meeting fuel efficiency and environmental standards. With countries in Europe,  North America, and parts of Asia tightening pollution standards and establishing low-emission zones, car manufacturers are installing LRR tires on an increasing number of new cars as they roll off the assembly line. Original equipment manufacturer LRR tires are extremely important for electric vehicle (EV) and hybrid vehicle manufacturers, as they contribute to range efficiency and drag reduction. For instance, Tesla, BMW, and Toyota all collaborate with leading tire producers to develop custom-engineered solutions. The next 10 years will see a very rapid expansion of the OEM industry, particularly with electric vehicles being bought by more and more people, with the government setting severe CO₂ reduction targets. The business’s after-sales section is also doing quite well, with more people becoming aware of how to save fuel, be nicer to the environment, and make sure their cars have good lives for many years. These days, however, more and more customers are simply swapping out their standard tires for LRR tires when they need a tire replaced for normal wear and tear or when it’s time to upgrade tires because they are longer-lasting, greener, and quieter to ride on. Digital sales channels, tire performance tests, and relationships between tire manufacturers and retail tire outlets all contribute to pushing the replacement cycle. Fleet owners in particular are focused on aftersales LRR offerings to reduce costs and get more out of their fleets.

Low Rolling Resistance Tire Market Key Players and Market

The prominent players operating in the global Low Rolling Resistance (LRR) Tire Market are Bridgestone, Michelin, Continental, and Goodyear. These businesses are producers of advanced tire products, improvements that promote both greater fuel mileage and reduced CO, along with better vehicle performance. The aforementioned companies are making huge investments to develop the next generation of tire technologies, which has led to an increase in the demand for raw materials that are environmentally friendly and production processes that meet the increasing automotive requirements and regulations.

It is more and more clear that LRR tires are one of the key factors to develop the energy economy of our P-Metric as well as commercial vehicles. As a result of being designed to limit the amount of energy lost when the tire is rolled, it reduces the amount of gasoline required for driving cars. The demand for LRR tires is rising, especially in regions such as North America, Europe, and selected countries in the Asia Pacific. This is because they are under mounting regulatory pressure from carmakers to meet tough pollution rules and gas-mileage targets.

The increasing awareness toward environment-friendly movements, fuel efficiency, etc., is resulting in the ongoing dominance of the LRR tires as a consumer vehicle segment innovation and capability showcasing area. Many big car companies are designing new models with low-rolling-resistance (LRR) tires to comply with emission and mileage requirements. They are also being adopted by a number of fleet owners wanting to lower their total cost of ownership (TCO). Additional pressure is being added from the increasing demand for electric and hybrid cars. The contribution of LRR tires to the energy efficiency of batteries and EV driving range is considerable.

This is also a good trend of LRR tire penetration in commercial tire applications. Logistics companies and transport fleets are prioritizing LRR tires to minimize their fuel consumption and ensure they are meeting their ESG (environmental, social, and governance) obligations. Particularly in Europe and the United States, the movement is being fueled by government incentives and environmental initiatives focused on greener transportation networks.

With the rapid development of urban construction, the growth of car ownership, and national fuel consumption policy support, China, India, Brazil, and Southeast Asia, and other emerging countries have become new potential markets for low-rolling-resistant tires. These nations are witnessing a rise in the number of global and regional tire manufacturers that are setting up production lines, entering into partnerships, and manufacturing budget-friendly LRR tire types that are customized to the regional market.

LRR tires are also getting popular in the aftermarket among users who want to save on fuel or have their tires last longer. Tire shops and service centers are leveraging this change to offer eco-friendly tire solutions as a value-added service. Further, with the growth of e-commerce sites, there has been an added expansion of different LRR tire makes and forms that are accessible to consumers.

Advanced tread designs, high-silica-content compounds, and lightweight construction are the main technology drivers in the R&D of LRR tires. The objective of the present study is to enhance the performance of vibration energy harvesters without compromising their durability, safety, or robustness.

In the spirit of a circular economy, companies like Michelin and Continental, among others, are working to create bio-based rubber and reinforcing fillers, as well as recycled rubber and reinforcing fillers. Run-flat tires will also be developed under the impact of nanotechnology and intelligent tire build-up technologies in next-generation LRR tires.

The Asia-Pacific is the dominant region in the global LRR tires market, which accounts for the maximum LRR tires production and consumption at present. The world’s largest tire-producing country is turning towards green transportation and sustainable tires. India, in some way, is gaining momentum with the likes of BS-VI (Bharat Stage VI) driven by stringent regulatory targets and the faster adoption of fuel-smart transportation solutions.

Strict Corporate Average Fuel Economy (CAFE) regulations in North America are pushing automotive OEMs and tire suppliers to focus on LRR technologies. Further, the US has significant R&D centers for LRR tire development with major industry players such as Goodyear and Bridgestone. These players are ramping up LRR tire exports to Latin America and Asia to keep up with rising demand for their products.

Europe, for its part, is focusing on tire labeling, sustainability ratings, and recycling standards for tires. In order to reduce their environmental impact, LRR tire manufacturers in the region are introducing closed-loop recycling, renewable sources of energy, and life-cycle analysis. Another driving factor in the surge in demand for low-emission automotive parts, including LRR tires, is the new EU Green Deal and Eco-design requirements that are in the pipeline.

The LRR tire sector attaches great importance to being respectful of the environment. Leading manufacturers are issuing detailed environmental, social, and governance (ESG) statements and marching their facilities toward renewable energy while making significant investments in the development of carbon-neutral tires. And the recyclable shipping materials are now common; the transport technology that uses the least energy is developing.

The market for LRR tires is poised to continue to grow for years to come. The importance of LRR tires has been on the rise of late due to the combined effect of various significant factors, including the electrification of vehicles, changes in transportation preferences, and industry-wide efforts to curb carbon emissions. By integrating digital tools like AI-based tire performance monitoring and connected car networks, their functional and economic value will expand further.

The marketplace for low rolling resistance tyres is the crossroads where innovation, regulation, and sustainability converge. Leading market players are responding to changing demand trends by investing in eco-friendly technology, augmenting their production capabilities, and offering high-performance tire solutions. As the world’s automobile industry marches towards a cleaner, smarter, and more affordable era of mobility, LRR tires will have an increasingly important role in making it possible.

Report Scope

Low Rolling Resistance Tire Market Regional Analysis

Asia Pacific: The Asia Pacific is the largest market in 2024 for low rolling resistance tires, was valued at USD 4.38 billion in 2016, and is projected to grow at a CAGR of 12.56%.

The low rolling resistance tire market in Asia Pacific is dominated by China. That’s because the country is producing a lot of electric vehicles (EVs), has strict environmental policies, and the government is also supportive of programs that encourage the use of fuel-efficient transportation that also emits fewer emissions. China is the largest car market in the world, and the demand for energy-conserving tires in the market for both passenger vehicles and commercial vehicles is surging.

In China, in order to meet their domestic and worldwide EV drive decay and carbon neutral standards, significant Chinese OEMs and tire manufacturers, such as SAIC Motor, BYD, Zhongce Rubber Group, and so on, invest a great deal of money in LRR tire development work. These are strategic business arrangements with established tire brands from the four corners of the world, enabling the development of groundbreaking LRR technology that’s more local and more innovative.

China is home to a large ecosystem of electric cars and trucks, with even more charging stations and incentives from the government. So, high rolling-resistance tires that enhance battery efficiency and reduce operating costs are very much coveted. Shanghai and Shenzhen are also among the first cities to operate EVs that are equipped with LRR tires, indicating the market trend of greener transportation.

It’s not just the shaded microcosm of van tiers that are going LRR, as the general public becomes more aware of a greener means of getting around – and with fuel prices going up and to the right,  a new – both the OWMs and the aftermarket guys are looking to LRR tire incorporation to hang their hats on. China will remain the most important player in the regional market as the local production base continues to develop and increasingly shifts its attention to smart, connected tire technology.

Europe – Germany: A low rolling resistance (LRR) tire in Germany is likely to give a good growth rate over the forecast period. Germany is leading the way in Europe because it is the grandfather of the automotive industry and also has stringent rules about decreasing emissions and lots of electric and hybrid vehicles driving around, too. Germany is one of the most advanced countries in sustainable transportation—the application of LRR tires can reduce vehicle emissions and meet the EU carbon neutrality goals.

Volkswagen, BMW, and Mercedes-Benz are among Germany’s largest automakers installing LRR tires on electric vehicles and high-efficiency models to increase range and reduce fuel consumption, even as some enthusiasts actively desire eco-friendly performance. These OEMs collaborate with the leading tire manufacturers, such as Continental and Pirelli, to provide state-of-the-art LRR technologies that are not only tailored for European driving.

The automotive supply chain network of Germany (which also consists of Tier 1 suppliers, R&D centers, and testing facilities) facilitates the swift development as well as the introduction of new LRR tire applications. Cities such as Berlin and Munich promote green transportation projects, which is a reason why many people would like to ensure that they can have energy-efficient tires for their passenger cars and for their fleet vehicles.

In the EU (European Tire Labeling Regulation), rolling resistance, wet grip, and noise levels are guaranteed to be among the strictest in the world. This all helps the market to expand even further. More and more German end-users who value performance, quality, and efficiency are selecting LRR tires as the original fitment on their vehicles. This would make Germany a pioneer in the region in terms of sustainable tires.

United States: The U.S. market for low-rolling resistance tires is expected to grow quite well over the forecast period.

North America’s largest market is in the United States. That’s because more people want fuel-efficient cars, more people are purchasing electric vehicles (EVs), and the federal government has tough standards on how fuel-efficient new cars need to be. More and more people are learning that LRR tires are a great solution to saving money on fuel and environmental objectives for passenger and light truck vehicles.

Some of the largest automakers in the U.S., including Ford, General Motors, and Tesla, currently use LRR tires in their cars to make them more efficient and increase the range of EVs, particularly according to the Corporate Average Fuel Economy (CAFE) standards. Tesla, for example, installs specially made LRR tires on its electric vehicles to extend battery life and make the ride more comfortable.

It is new rubber technology and smart tire systems that will have both U.S. tire companies, like Goodyear and Cooper Tire, investing new money to manufacture next-generation LRR products. American drivers who drive in a ton of different types of conditions and weather instead choose LRR tires because they are long-lasting, quiet, and work well in every weather.

The environment: More people are coming to understand the advantages of sustainability, and federal and state-level legislation to promote green mobility is helping and aiding LRR tires to become a more common sight in cities and suburbs. The U.S. continues to be a large driver of innovation and volume in the market simply due to the fact that it has a strong aftermarket and a deep distribution system.

Low Rolling Resistance Tire Market Recent News

• Bridgestone Corporation announced that it would launch its new generation Ecopia tire range in April 2025. The tires would feature improved silica compounds and a dedicated tread pattern designed for electric vehicles (EVs). The new line boasts improved wet traction and rolling efficiency, so by up to 7%, contributing to environmental efforts around the world. Bridgestone demonstrated its commitment to reducing CO₂ emissions and enhancing electric vehicle range by including city-optimised and long-distance-focused LRR technology.

• In March 2025, Michelin launched the Primacy 2 tire in the European and Asian markets. The tire was designed exclusively for hybrid and electric cars. It has a 9% reduction in rolling resistance and is constructed from recycled and bio-sourced content. This new product demonstrates Michelin’s ambition to manufacture tires that are 100 percent sustainable by 2050. It also demonstrates that Michelin is a leader in green technology that aids both energy efficiency and longer EV range.

• On the range of the new EcoContact, Continental AG added a new version in February 2025. This one is for high-performance electric vehicles and plug-in hybrids. The tread pattern of the new tire has heat-resistant rubber compounds and variable tread stiffness. These keep the rolling resistance low, even when driving with sporting ambition. Continental highlighted how intelligent materials could serve future mobility requirements and save energy.

• The ElectricDrive 2 series was Goodyear’s low rolling resistance technology that Goodyear had introduced in January of 2025. They are the tires for the new generation of electric vehicles (EVs). They’re the most aerodynamic, with the best rolling resistance, as well as a tread pattern that reduces noise. Goodyear’s press release indicates that the company is investing to support cleaner mobility solutions and extend the life of electric vehicle batteries through tire innovation.

• The Cinturato Verde EV was launched by Pirelli & C. S.p.A. in December 2024. It is a low rolling resistance tire specifically for electric vehicles driving in urban areas. The tire contains Pirelli’s Elect technology, which boosts mileage and ride comfort while requiring less energy. Pirelli wants to target urban residents worried about the ecology with this launch. It is also aiding the broader shift to zero-emission transportation.

• Hankook Tire & Technology Co., Ltd. announced it would debut its Kinergy AS X LRR tire line in North America in November 2024. The tires are meant to work equally well in all seasons while saving on fuel. The tire’s updated tread compound reduces rolling resistance by 12 percent when compared to its predecessors. This helps reduce gas usage and CO₂ emissions. Hankook’s expansion is part of its global ESG approach as well as its focus on electric vehicles.

• Sumitomo Rubber Industries, Ltd., introduced its ENASAVE Premium+ tire to Japan and Southeast Asia in October 2024. The tire features a new polymer structure that prevents the generation of heat, a big factor in reducing rolling resistance and maintaining grip and durability. This new product demonstrates Sumitomo’s commitment to viable forms of transportation and the aspiration to develop tires for electric and hybrid vehicles, which consume fewer resources.

List of the prominent players in the Low Rolling Resistance Tire Market:

• Michelin
• Bridgestone
• Goodyear
• Continental
• Pirelli
• Sumitomo Rubber Industries
• Hankook Tire
• Yokohama Rubber
• Toyo Tire Corporation
• Cheng Shin Rubber
• Apollo Tyres
• MRF Limited
• Kumho Tire
• Giti Tire
• Sailun Group
• Nexen Tire
• Triangle Group
• Double Coin Holdings
• Pro meteon Tyre Group
• Nokian Tyres
• Others

The Low Rolling Resistance Tire Market is segmented as follows:

By Vehicle Type

• Light Commercial Vehicles (LCV)
• Heavy Commercial Vehicles (HCV)

  By Width Type

• Dual Type
• Wide Band Type

  By Sales Channel

• Aftersales
• OEM

  By Application

• Passenger Cars
• Commercial Vehicles
• Electric Vehicles
• Hybrid Vehicles
• Fleet Operations

Regional Coverage:

North America

• U.S.
• Canada
• Mexico
• Rest of North America

Europe

• Germany
• France
• U.K.
• Russia
• Italy
• Spain
• Netherlands
• Rest of Europe

Asia Pacific

• China
• Japan
• India
• New Zealand
• Australia
• South Korea
• Taiwan
• Rest of Asia Pacific

The Middle East & Africa

• Saudi Arabia
• UAE
• Egypt
• Kuwait
• South Africa
• Rest of the Middle East & Africa

Latin America

• Brazil
• Argentina
• Rest of Latin America