Low Rolling Resistance Tire Market
The low rolling resistance (LLR) tire market consists of tires engineered to minimize friction with the road, thereby improving vehicle energy efficiency. The primary customers are vehicle manufacturers (OEMs) and consumers in the aftermarket, particularly for passenger cars and commercial vehicles. Key growth drivers include a global focus on sustainable mobility, stringent government regulations on fuel efficiency and emissions, and the integration of smart technologies like sensor-based monitoring for enhanced performance and safety.
CAGR
12.6%
Compound Annual Growth Rate
Current Value
$26.3B
Estimated 2026
Projected Value
$67.9B
By 2034
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