Europe Green Tire Market Forecast (2016-2023)

Created with Highcharts 11.4.0YearUSD MnChart context menuEurope Green Tire Market Forecast (2016-2023)6 626.17 159.47 896.38 92610 371.312 179.114 381.217 1024 700.74 995.95 425.56 045.46 931.68 041.89 392.611 062.13 661.73 9614 378.44 965.65 7956 8438 1359 751.82 763.33 097.53 547.94 169.55 042.36 169.87 600.49 441.13 836.24 2524 815.75 5966 691.68 096.39 861.812 112.920162017201820192020202120222023010k20k30k40k50k60k70k
Year GERMANY FRANCE UNITED KINGDOM ITALY REST OF EUROPE
2016 $ 6626.1 $ 4700.7 $ 3661.7 $ 2763.3 $ 3836.2
2017 $ 7159.4 $ 4995.9 $ 3961.0 $ 3097.5 $ 4252.0
2018 $ 7896.3 $ 5425.5 $ 4378.4 $ 3547.9 $ 4815.7
2019 $ 8926.0 $ 6045.4 $ 4965.6 $ 4169.5 $ 5596.0
2020 $ 10371.3 $ 6931.6 $ 5795.0 $ 5042.3 $ 6691.6
2021 $ 12179.1 $ 8041.8 $ 6843.0 $ 6169.8 $ 8096.3
2022 $ 14381.2 $ 9392.6 $ 8135.0 $ 7600.4 $ 9861.8
2023 $ 17102.0 $ 11062.1 $ 9751.8 $ 9441.1 $ 12112.9
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Europe Green Tire Market Forecast (2016-2023)

Synopsis
The above chart is Global Green Tire market [2016-2023] by Europe

Market Dynamics

Germany accounted for the largest market share in 2017 in the europe green tire market, and is expected to reach usd 17102.00 million in 2023 from usd 7159.40 million in 2017. however, italy is the fastest growing market, which is expected to grow at a cagr of 21.62% during the forecast period 2018 - 2023. aftermarket segment accounted for the larger market share in 2017, this market is expected to reach usd 39936.20 million in 2023 from usd 16638.00 million in 2017. this market is projected to grow at a cagr of 16.86% during the forecast period from 2018 - 2023. however, oem segment is the fastest growing market, which is expected to grow at a cagr of 20.35% during the forecast period 2018 - 2023. passenger car segment accounted for the largest market share in 2017, this market is expected to reach usd 26329.60 million in 2023 from usd 11743.50 million in 2017. this market is projected to grow at a cagr of 15.48% during the forecast period from 2018 - 2023. however, com... mercial vehicle segment is the fastest growing market, which is expected to grow at a cagr of 20.52% during the forecast period 2018 - 2023. on road segment accounted for the larger market share in 2017, this market is expected to reach usd 50461.20 million in 2023 from usd 20498.70 million in 2017. this market is projected to grow at a cagr of 17.36% during the forecast period from 2018 - 2023. however, off road segment is the fastest growing market, which is expected to grow at a cagr of 21.56% during the forecast period 2018 - 2023.   Read more

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