サステナブルタイヤ素材市場 – 2029年までの世界予測

Sustainable Tire Materials Market - Global Forecast To 2029

サステナブルタイヤ市場 - 材料タイプ (ゴム、持続可能なカーボンブラック、シリカ)、推進タイプ (内燃機関、電気自動車)、構造 (ラジアル、バイアス)、車両 (乗用車、商用車)、および地域別 - 2029年までの世界予測
Sustainable Tire Market by Material Type (Rubber, Sustainable Carbon Black, Silica), Propulsion Type (Internal Combustion Engine, Electric Vehicles), Structure (Radial, Bias), Vehicle (Passenger, Commercial), & Region - Global Forecast to 2029
出版社MarketsandMarkets
出版年月2024年9月
ページ数225
図表数291
価格タイプシングルユーザライセンス
価格USD 4,950
種別英文調査報告書

Report Overview

The sustainable tire market is USD 0.12 billion in 2024 and is projected to reach USD 0.39 billion by 2029, at a CAGR of 27.3%.

サステナブルタイヤ市場は2024年に1.2億米ドルであり、27.3%のCAGRで2029年までに3.9億米ドルに達すると予測されています。

Tires are non-biodegradable and at the same time have a number of environmental problems lying in their improper management. This makes the adherence to EPR very crucial. EPR is basically a framework policy advancing the notion that the producer is responsible for the product ‘from cradle to grave’, related to proper waste management and disposal. It encourages and promotes green practices with reduced burden on the waste management departments of local governments. Moreover, the ambition of global carbon neutrality will further inspire the movement of green tire materials. The 2015 Paris Agreement has the objective of keeping the increase in global average temperature well below 2°C, while trying to limit it to net-zero emissions. Here, the European Union has set an objective to be climate-neutral by 2050 and was for the first time, as cited in the European Climate Law. Net zero emissions no later than 2070 was pledged in India. Not later than in 2050, the United States committed to net-zero emissions from its operations through the newly launched Net-Zero Government Initiative at COP26. Other drivers include the corporate sustenance initiatives that push for the use of sustenance tire materials, whereby several companies set very aggressive goals in the general strategies intended to reduce their footprints. For example, the ambition set by Apollo Tires is carbon neutrality by 2050, with interim targets in place; LPWA intends to ensure a reduction in emission intensity by 25% through Scope 1 and Scope 2 by 2026 against the 2020 baseline.

サステナブルタイヤ素材市場 - 2029年までの世界予測
Sustainable Tire Materials Market – Global Forecast To 2029

Goodyear Tire & Rubber Company targets to deliver 100% sustainable materials and maintenance-free tires by 2030, thus making a commitment to drive a sea change in manufacturing and sustainability processes related to tire manufacturing. CEAT is also working towards halving its environmental footprint by 30% come 2030, majorly focusing on sustainable production practices and reducing carbon footprint. These, therefore, are the great drivers in demand for innovation toward environmentally friendly solutions in the sustainable tire market. Advanced tire materials are now being developed to help companies realize their targets of becoming carbon-neutral and improve their environmental performance, thus underscoring growth in the sustainable tire market.

“Silica, by material type, accounts for the largest market share in terms of volume in 2023.”

Silica is expected to retain the largest volume in the sustainable tire market because it helps improve tire performance and reduces environmental impact. Silica has been one of the essential components in the production of tires—more specifically, energy-efficient “green tires”—reducing rolling resistance drastically and hence fuel consumption, with resultant lower CO2 emissions. It thus earmarks silica as one of the key materials in the achievement of both strict regulatory requirements and consumer demand for “green” products. Silica started gaining dominance because of the wide reach of HDS technology in the marketplace. HDS technology, with finer dispersion within the rubber matrix, lends improved tire performance in terms of grip, durability, and overall efficiency. This is where the many tire property improvements in relation to wet traction and wear resistance—without performance trade-offs—make silica quite indispensable in the goal of tire manufacturers striving to come up with high-performance, sustainable tires.

This will undoubtedly increase the demand for silica in tire manufacturing, cementing its place as the largest material by volume in the sustainable tire market.

“Electric Vehicles is expected to be the second largest propulsion type for sustainable tire market during the forecast period, in terms of value.”

EVs will represent the second-largest propulsion type by value in the sustainable tire market, as the world is accelerating toward electrification and EVs present special needs to tires. While governments and consumers raise their focus on sustainability and carbon reduction, so does the adoption rate of EVs demanding special tires that would work best with the peculiar characteristics of these vehicles. EVs will need lower rolling resistance tires to achieve the best battery performance but be more resistant and have better handling than ICE vehicle tires because of the higher torque and weight of an EV compared to traditional ICE vehicle applications. This is leading to increasing development of tire materials such as advanced silica and sustainable carbon black, critical to meet performance requirement demands. As the EV market grows, so will the value contribution associated with the sustainable tire tailored for such electric vehicles, placing EVs second in value contribution within the propulsion type segment of the sustainable tire market.

“Passenger Vehicles is expected to be the second largest vehicle type for sustainable tire market during the forecast period, in terms of value.”

With high volumes of passenger vehicles on the road and growing consumer demand for green products, it is expected that passenger vehicles will be the second-biggest type of vehicle by value in the sustainable tire market. The global automotive market continues to turn green, and passenger vehicle manufacturers and tire makers are increasingly focusing on including sustainable materials in their products. The demands for eco-friendly tires in passenger cars have also been on the rise among consumers. Normally, such tires are made with advanced material that reduces the rolling resistance and enhances fuel efficiency; therefore, they release less carbon. As consumers emerge wanting to align value concerns on the environment with vehicles, this segment is bound to experience heightened demand for materials that make sustainable tires.  Besides, there are manufacturers who have been forced by regulatory pressure as well as government incentives towards green technologies to inculcate sustainability into their processes hence making tire materials more valuable in the passenger car market that are sustainable. Already a trendsetter when it comes to electric and hybrid pass automobile segments where other than standard compounds are required making it certainly possible for these figures to sharply rise.

サステナブルタイヤ素材市場 - 2029年までの世界予測 ecosystem
Sustainable Tire Materials Market – ecosystem

“Bias tires are expected to be the second largest structure for sustainable tire market during the forecast period, in terms of value.”

The bias tires segment is projected to continue holding the second-largest value share of the sustainable tire market, due to its wide applications in some vehicle segments. Though radials dominate the market, bias tires have an extremely solid nature under harsh conditions—where there is a question of critical durability, puncture resistance, and loads. The situation is usable in the agricultural, construction, and some of the commercial cars sectors. Bias tires have a number of layers of fabric laid at an angle to one another to achieve a cross-ply structure, thus providing extraordinary sidewall strength for this tire to work under very coarse conditions with heavy loads. With sectors like agriculture and construction growing and leaning more towards green solutions, demands for green materials in bias tires grow too.

“Aftermarket are expected to be the second largest sales channel for sustainable tire market during the forecast period, in terms of value.”

By sales channel, the aftermarket is likely to occupy the second-largest value share in the sustainable tire market. This may be attributed to the rise in demand for environmentally sustainable and high-performance replacement tires. The preference toward green tire options rises as consumers and businesses replace worn-out tires and develop a sense of responsibility toward their environment. One trend in these areas with strict environmental regulations is that the practiced sustainability is not because people there prefer it but sometimes even are required to. Contrarily, automotive owners have always looked out for pocket-friendly and durable tire solutions while wanting to be environmentally responsible in the aftermarket. Such sustainable tire as low rolling resistance rubber compounds or eco-friendly silica attract indeed a wide range of customers who wish to reduce their fuel use and carbon emissions. Moreover, its variance in this segment by different types of cars that are needing different types of tires marks a significant route for sustainable tire. The manufacturers make a range of the green tire for fulfilling the new market demand for the aftermarket. Development in this region for sustainable tire comes out of a compliance approach that emphasizes enhancing the longevity of the tire lifecycle, vehicle performance, and emission regulation; therefore, it is becoming a critical aftermarket segment.

“Based on region, North America was the second largest market for sustainable adhesives in 2023.”

North America is the second-largest region in the sustainable tire market, owing to a number of contributing factors. Robust growth in the automotive industry, coupled with rising environmental regulations, drives the demand for sustainable tire. In the U.S. and Canada, the mounting pressure from government departments on auto-manufacturers and tire manufacturers to cut down CO2 emissions and enhance fuel efficiency has compelled companies to switch to sustainable materials in tire manufacturing. In addition, North America comprises major tire manufacturers and automobile companies investing a huge amount in research and development to attain sustainability goals, such as minimizing not only environmental impacts of products but also innovating for better tire performance, durability, and safety with sustainable materials like silica, bio-based rubber, and recycled carbon black. The well-established infrastructure of the region in terms of automotive production, coupled with high consumer awareness and demand for eco-friendly products, further strengthens this market. In view of tightening regulations and growing consumer preference for ‘green’ products, the contribution or role of North America in the global sustainable tire market can hardly be low.

サステナブルタイヤ素材市場 - 2029年までの世界予測 region
Sustainable Tire Materials Market – region

In the process of determining and verifying the market size for several segments and subsegments identified through secondary research, extensive primary interviews were conducted. A breakdown of the profiles of the primary interviewees is as follows:

  • By Company Type: Tier 1 – 45%, Tier 2 – 35%, and Tier 3 – 20%
  • By Designation: C-Level – 25%, Director Level – 15%, and Others – 60%
  • By Region: North America – 25%, Europe -35%, Asia Pacific – 30%, Middle East & Africa – 5%, and South America-5%

The key players in this market are Evonik Industries AG (Germany), Solvay (Belgium), Cabot Corporation (US), Birla Carbon (India), Orion (Luxembourg), GRP LTD (India), GENAN HOLDING A/S (Denmark), Lehigh Technologies, Inc., (US), PPG Industries, Inc. (US), Jiangxi black cat carbon black Co., Ltd (China) etc.

Research Coverage

This report segments the market for the sustainable adhesives market on the basis of material type, vehicle type, propulsion type, structure, sales channel and region. It provides estimations for the overall value of the market across various regions. A detailed analysis of key industry players has been conducted to provide insights into their business overviews, products & services, key strategies, new product launches, expansions, and partnerhsips associated with the market for the sustainable tire market.

Key benefits of buying this report

This research report is focused on various levels of analysis — industry analysis (industry trends), market ranking analysis of top players, and company profiles, which together provide an overall view of the competitive landscape, emerging and high-growth segments of the sustainable tire market; high-growth regions; and market drivers, restraints, opportunities, and challenges.

The report provides insights on the following pointers:

  • Analysis of key drivers: Stricter environmental regulations and carbon neutrality goals along with corporate sustainability goals.
  • Market Penetration: Comprehensive information on the sustainable tire market offered by top players in the global sustainable tire market.
  • Product Development/Innovation: Detailed insights on upcoming technologies, research & development activities, and new product launches in the sustainable tire market.
  • Market Development: Comprehensive information about lucrative emerging markets — the report analyzes the markets for the sustainable tire across regions.
  • Market Diversification: Exhaustive information about new products, untapped regions, and recent developments in the global sustainable tire market.
  • Competitive Assessment: In-depth assessment of market shares, strategies, products, and manufacturing capabilities of leading players in the sustainable tire market.

Table of Contents

1            INTRODUCTION            25

1.1         STUDY OBJECTIVES      25

1.2         MARKET DEFINITION   25

1.3         STUDY SCOPE  26

1.3.1      INCLUSIONS AND EXCLUSIONS 26

1.3.2      YEARS CONSIDERED     28

1.3.3      CURRENCY CONSIDERED          28

1.3.4      UNITS CONSIDERED     28

1.4         LIMITATIONS   28

1.5         STAKEHOLDERS            29

2            RESEARCH METHODOLOGY     30

2.1         RESEARCH DATA           30

2.1.1      SECONDARY DATA       31

2.1.1.1   Key data from secondary sources     31

2.1.2      PRIMARY DATA 31

2.1.2.1   Key data from primary sources         32

2.1.2.2   Primary data sources          32

2.1.2.3   Key primary participants    32

2.1.2.4   Breakdown of interviews with experts            33

2.1.2.5   Key industry insights          33

2.2         BASE NUMBER CALCULATION  34

2.2.1      SUPPLY-SIDE APPROACH          34

2.2.2      DEMAND-SIDE APPROACH        34

2.3         FORECAST NUMBER CALCULATION     34

2.3.1      SUPPLY SIDE    34

2.3.2      DEMAND SIDE  34

2.4         MARKET SIZE ESTIMATION       35

2.4.1      BOTTOM-UP APPROACH           35

2.4.2      TOP-DOWN APPROACH             36

2.5         DATA TRIANGULATION             37

2.6         RESEARCH ASSUMPTIONS         38

2.7         GROWTH FORECAST    38

2.8         RISK ASSESSMENT         39

2.9         FACTOR ANALYSIS        39

3            EXECUTIVE SUMMARY 40

4            PREMIUM INSIGHTS      45

4.1         ATTRACTIVE OPPORTUNITIES FOR PLAYERS IN SUSTAINABLE TIRE MATERIALS MARKET    45

4.2         SUSTAINABLE TIRE MATERIALS MARKET, BY MATERIAL TYPE  45

4.3         SUSTAINABLE TIRE MATERIALS MARKET, BY VEHICLE TYPE     46

4.4         SUSTAINABLE TIRE MATERIALS MARKET, BY PROPULSION TYPE              46

4.5         SUSTAINABLE TIRE MATERIALS MARKET, BY STRUCTURE         47

4.6         SUSTAINABLE TIRE MATERIALS MARKET, BY SALES CHANNEL 47

4.7         SUSTAINABLE TIRE MATERIALS MARKET, BY KEY COUNTRY     48

5            MARKET OVERVIEW     49

5.1         INTRODUCTION            49

5.2         MARKET DYNAMICS     49

5.2.1      DRIVERS            50

5.2.1.1   Stricter environmental regulations and carbon neutrality goals   50

5.2.1.2   Corporate sustainability goals          50

5.2.2      RESTRAINTS     51

5.2.2.1   Limited raw material availability      51

5.2.3      OPPORTUNITIES           51

5.2.3.1   Rising consumer awareness along with government support and incentives              51

5.2.4      CHALLENGES   52

5.2.4.1   High production costs        52

5.3         IMPACT OF GENERATIVE AI ON SUSTAINABLE TIRE MATERIALS MARKET            52

5.3.1      INTRODUCTION            52

5.3.2      TRANSFORMATIVE IMPACT OF GENERATIVE AI ON SUSTAINABLE TIRE MATERIALS MARKET         55

5.4         INDUSTRY TRENDS       55

5.5         TRENDS/DISRUPTIONS IMPACTING CUSTOMER BUSINESS       55

5.6         SUPPLY CHAIN ANALYSIS          57

RAW MATERIAL SUPPLIERS       57

PROCESSING & REFINEMENT    57

MANUFACTURERS        58

DISTRIBUTION & LOGISTICS    58

END-OF-LIFE MANAGEMENT    58

5.7         INVESTMENT LANDSCAPE AND FUNDING SCENARIO   58

5.8         PRICING ANALYSIS        59

5.8.1      AVERAGE SELLING PRICE TREND, BY REGION  59

5.8.2      AVERAGE SELLING PRICE TREND, BY MATERIAL TYPE 60

5.8.3      AVERAGE SELLING PRICE TREND OF KEY PLAYERS, BY MATERIAL TYPE    60

5.9         ECOSYSTEM ANALYSIS 61

5.10       TECHNOLOGY ANALYSIS           62

5.10.1    KEY TECHNOLOGIES    62

5.10.2    COMPLEMENTARY TECHNOLOGIES     63

5.10.3    ADJACENT TECHNOLOGIES      64

5.11       PATENT ANALYSIS        65

5.11.1    METHODOLOGY           65

5.11.2    PATENTS GRANTED WORLDWIDE, 2014–2023    65

5.11.3    PATENT PUBLICATION TRENDS            66

5.11.4    INSIGHTS          66

5.11.5    LEGAL STATUS OF PATENTS    67

5.11.6    JURISDICTION ANALYSIS           67

5.11.7    TOP COMPANIES/APPLICANTS 68

5.11.8    LIST OF MAJOR PATENTS          69

5.12       TRADE ANALYSIS          72

5.12.1    IMPORT SCENARIO FOR HS CODE 400110           72

5.12.2    EXPORT SCENARIO FOR HS CODE 400110           72

5.13       KEY CONFERENCES AND EVENTS          73

5.14       TARIFF AND REGULATORY LANDSCAPE            74

5.14.1    TARIFF AND REGULATIONS RELATED TO SUSTAINABLE TIRE MATERIALS      74

5.14.2    REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS          75

5.14.3    REGULATIONS RELATED TO SUSTAINABLE TIRE MATERIALS   79

5.15       PORTER’S FIVE FORCES ANALYSIS         80

5.15.1    BARGAINING POWER OF SUPPLIERS     81

5.15.2    THREAT OF NEW ENTRANTS    82

5.15.3    THREAT OF SUBSTITUTES         82

5.15.4    BARGAINING POWER OF BUYERS           82

5.15.5    INTENSITY OF COMPETITIVE RIVALRY 83

5.16       KEY STAKEHOLDERS AND BUYING CRITERIA    84

5.16.1    KEY STAKEHOLDERS IN BUYING PROCESS         84

5.16.2    BUYING CRITERIA         85

5.17       MACROECONOMIC OUTLOOK 86

5.17.1    GDP TRENDS AND FORECASTS OF MAJOR ECONOMIES 86

5.18       CASE STUDY ANALYSIS 87

5.18.1    INNOVATIVE PYROLYSIS FOR SUSTAINABLE TIRE PRODUCTION: CONTEC’S RECOVERED CARBON BLACK REVOLUTION 87

5.18.2    REVOLUTIONIZING TIRE TECHNOLOGY: EVONIK’S SILICA/SILANE- SYSTEM FOR HIGH-PERFORMANCE GREEN TIRESGRA  88

5.18.3    TRANSFORMING TIRE DISPOSAL: SUSTAINABLE APPROACH TO END-OF-LIFE TIRES IN MEXICO         89

6            SUSTAINABLE TIRE MATERIALS MARKET, BY MATERIAL TYPE  90

6.1         INTRODUCTION            91

6.2         RUBBER             92

6.2.1      LOWER CARBON EMISSIONS, AND UTILIZATION OF RENEWABLE RESOURCES TO DRIVE MARKET             92

6.3         SUSTAINABLE CARBON BLACK 93

6.3.1      DURABILITY, AND RESISTANCE TO WEAR AND UV DEGRADATION TO PROPEL MARKET          93

6.4         SILICA  93

6.4.1      LOWER ENVIRONMENTAL IMPACT AND ENHANCED TIRE PERFORMANCE TO BOOST MARKET     93

6.5         OTHER MATERIAL TYPES          94

6.5.1      BIO-BASED OILS            94

6.5.2      RECYCLED POLYESTER & NYLON           94

6.5.3      LIGNIN 94

7            SUSTAINABLE TIRE MATERIALS MARKET, BY PROPULSION TYPE              95

7.1         INTRODUCTION            96

7.2         INTERNAL COMBUSTION ENGINE VEHICLES    97

7.2.1      REDUCED USE OF NON-RENEWABLE RESOURCES AND MINIMAL ENVIRONMENTAL FOOTPRINT TO DRIVE MARKET       97

7.3         ELECTRIC VEHICLES     97

7.3.1      MEETING SPECIFIC REQUIREMENTS AND ENVIRONMENTAL BENEFITS TO DRIVE MARKET   97

8            SUSTAINABLE TIRE MATERIALS MARKET, BY VEHICLE TYPE     99

8.1         INTRODUCTION            100

8.2         PASSENGER VEHICLES 101

8.2.1      DEMAND FOR ECO-FRIENDLY SOLUTIONS AND ADHERENCE TO STRINGENT REGULATIONS TO DRIVE MARKET              101

8.3         COMMERCIAL VEHICLES           101

8.3.1      MEETING DEMANDING PERFORMANCE REQUIREMENTS WHILE MINIMIZING ENVIRONMENTAL DAMAGE TO BOOST MARKET  101

9            SUSTAINABLE TIRE MATERIALS MARKET, BY STRUCTURE         102

9.1         INTRODUCTION            103

9.2         RADIAL 104

9.2.1      INCORPORATION OF SUSTAINABLE MATERIALS PROVIDING PERFORMANCE BENEFITS TO DRIVE MARKET  104

9.3         BIAS      104

9.3.1      DEMAND FOR OFF-ROAD AND INDUSTRIAL APPLICATIONS TO BOOST MARKET            104

10          SUSTAINABLE TIRE MATERIALS MARKET, BY SALES CHANNEL 105

10.1       INTRODUCTION            106

10.2       OEMS   107

10.2.1    INCREASING DEMAND FOR SUSTAINABLE MATERIALS IN VEHICLES TO BOOST MARKET      107

10.3       AFTERMARKET 107

10.3.1    INCREASING CONSUMER AWARENESS AND PREFERENCE FOR ENVIRONMENTALLY FRIENDLY PRODUCTS TO FUEL MARKET GROWTH              107

11          SUSTAINABLE TIRE MATERIALS MARKET, BY REGION   108

11.1       INTRODUCTION            109

11.2       ASIA PACIFIC    111

11.2.1    CHINA  117

11.2.1.1 Substantial tire production and sales volume, combined with commitment to lowering emissions, to drive demand 117

11.2.2    JAPAN  118

11.2.2.1 Emphasis of personal and corporate environmental goals for sustainability to boost market   118

11.2.3    INDIA   119

11.2.3.1 Presence of large numbers of tire manufacturers to lead to market growth              119

11.2.4    SOUTH KOREA 120

11.2.4.1 Robust growth in eco-friendly vehicle exports and development of innovative and sustainable tire materials to propel market     120

11.2.5    REST OF ASIA PACIFIC  121

11.3       NORTH AMERICA          121

11.3.1    US         126

11.3.1.1 Robust tire market and focus on sustainable practices to drive market      126

11.3.2    CANADA            127

11.3.2.1 Implementation of tire recycling programs to responsibly manage and recycle scrap tires to drive market  127

11.3.3    MEXICO             128

11.3.3.1 Growth of automotive and tire industries to propel market         128

11.4       EUROPE             129

11.4.1    GERMANY         134

11.4.1.1 Strong environmental goals and leadership in global automotive industry to propel market   134

11.4.2    ITALY   135

11.4.2.1 Stringent carbon neutrality goals and investments in eco-friendly technologies to drive market        135

11.4.3    FRANCE             136

11.4.3.1 Rise in innovative technologies and significant investments to boost market              136

11.4.4    UK         137

11.4.4.1 Strong automotive sector and emphasis on sustainability and carbon reduction to drive market        137

11.4.5    SPAIN   138

11.4.5.1 Strategic investments in carbon neutrality and robust automotive manufacturing capabilities to boost market              138

11.4.6    RUSSIA 139

11.4.6.1 Increasing domestic tire production and growing automotive sector to support market growth     139

11.4.7    REST OF EUROPE           140

11.5       MIDDLE EAST & AFRICA             141

11.5.1    SAUDI ARABIA  145

11.5.1.1 Increase in automobile manufacturing industries and strategic partnerships to propel market      145

11.5.2    UAE      146

11.5.2.1 Shift toward EVs and growing emphasis on reducing carbon emissions to drive market   146

11.5.3    REST OF GCC COUNTRIES         147

11.5.4    SOUTH AFRICA 148

11.5.4.1 Investments in technologies enhancing sustainability of tire production to drive market   148

11.5.5    REST OF MIDDLE EAST & AFRICA           149

11.6       SOUTH AMERICA           150

11.6.1    BRAZIL 154

11.6.1.1 Significant investments, government incentives, and ambitious climate targets to boost market        154

11.6.2    ARGENTINA      155

11.6.2.1 Growing automotive production and commitment to net-zero emissions drive market   155

11.6.3    REST OF SOUTH AMERICA         156

12          COMPETITIVE LANDSCAPE       157

12.1       INTRODUCTION            157

12.2       KEY PLAYER STRATEGIES/RIGHT TO WIN          157

12.3       MARKET SHARE ANALYSIS         159

12.4       REVENUE ANALYSIS      162

12.5       BRAND/PRODUCT COMPARATIVE ANALYSIS    163

12.5.1    EVONIK INDUSTRIES    163

12.5.2    SOLVAY             163

12.5.3    CABOT CORPORATION 163

12.5.4    BIRLA CARBON 164

12.5.5    ORION  164

12.6       COMPANY EVALUATION MATRIX: KEY PLAYERS, 2023   164

12.6.1    STARS  164

12.6.2    EMERGING LEADERS    164

12.6.3    PERVASIVE PLAYERS     164

12.6.4    PARTICIPANTS 164

12.6.5    COMPANY FOOTPRINT: KEY PLAYERS  166

12.6.5.1 Company footprint: Key players       166

12.6.5.2 Material type footprint       166

12.6.5.3 Vehicle type footprint        167

12.6.5.4 Propulsion type footprint   167

12.6.5.5 Region footprint  168

12.7       COMPANY EVALUATION MATRIX: STARTUPS/SMES, 2023          168

12.7.1    PROGRESSIVE COMPANIES       168

12.7.2    RESPONSIVE COMPANIES          169

12.7.3    DYNAMIC COMPANIES 169

12.7.4    STARTING BLOCKS       169

12.7.5    COMPETITIVE BENCHMARKING: KEY STARTUPS/SMES 170

12.7.5.1 Competitive benchmarking of key startups/SMEs        170

12.7.6    VALUATION AND FINANCIAL METRICS 172

12.8       COMPETITIVE SCENARIO          173

12.8.1    PRODUCT LAUNCHES  173

12.8.2    DEALS  174

12.8.3    EXPANSIONS    175

12.8.4    OTHER DEVELOPMENTS           176

13          COMPANY PROFILES    178

13.1       KEY PLAYERS   178

13.1.1    EVONIK INDUSTRIES AG            178

13.1.1.1 Business overview 178

13.1.1.2 Products/Solutions/Services offered 179

13.1.1.3 Recent developments         180

13.1.1.3.1            Deals     180

13.1.1.3.2            Expansions          180

13.1.1.3.3            Others   180

13.1.1.4 MnM view           181

13.1.1.4.1            Right to win         181

13.1.1.4.2            Strategic choices  181

13.1.1.4.3            Weaknesses and competitive threats 181

13.1.2    SOLVAY             182

13.1.2.1 Business overview 182

13.1.2.2 Products/Solutions/Services offered 183

13.1.2.3 Recent developments         184

13.1.2.3.1            Deals     184

13.1.2.3.2            Expansions          184

13.1.2.3.3            Others   184

13.1.2.4 MnM view           185

13.1.2.4.1            Right to win         185

13.1.2.4.2            Strategic choices  185

13.1.2.4.3            Weaknesses and competitive threats 185

13.1.3    BIRLA CARBON 186

13.1.3.1 Business overview 186

13.1.3.2 Products/Solutions/Services offered 187

13.1.3.3 Recent developments         187

13.1.3.3.1            Product launches 187

13.1.3.3.2            Deals     187

13.1.3.3.3            Expansions          188

13.1.3.3.4            Others   188

13.1.3.4 MnM view           189

13.1.3.4.1            Right to win         189

13.1.3.4.2            Strategic choices  189

13.1.3.4.3            Weaknesses and competitive threats 189

13.1.4    ORION  190

13.1.4.1 Business overview 190

13.1.4.2 Products/Solutions/Services offered 191

13.1.4.3 Recent developments         191

13.1.4.3.1            Product launches 191

13.1.4.3.2            Deals     191

13.1.4.3.3            Expansions          192

13.1.4.3.4            Others   192

13.1.4.4 MnM view           193

13.1.4.4.1            Right to win         193

13.1.4.4.2            Strategic choices  193

13.1.4.4.3            Weaknesses and competitive threats 193

13.1.5    GRP LTD.           194

13.1.5.1 Business overview 194

13.1.5.2 Products/Solutions/Services offered 195

13.1.5.3 MnM view           195

13.1.5.3.1            Right to win         195

13.1.5.3.2            Strategic choices  195

13.1.5.3.3            Weaknesses and competitive threats 195

13.1.6    GENAN HOLDING A/S  196

13.1.6.1 Business overview 196

13.1.6.2 Products/Solutions/Services offered 197

13.1.6.3 Recent developments         197

13.1.6.3.1            Others   197

13.1.6.4 MnM view           197

13.1.6.4.1            Right to win         197

13.1.6.4.2            Strategic choices  197

13.1.6.4.3            Weaknesses and competitive threats 198

13.1.7    LEHIGH TECHNOLOGIES, INC. 198

13.1.7.1 Business overview 198

13.1.7.2 Products/Solutions/Services offered 199

13.1.7.3 MnM view           200

13.1.7.3.1            Right to win         200

13.1.7.3.2            Strategic choices  200

13.1.7.3.3            Weaknesses and competitive threats 200

13.1.8    CABOT CORPORATION 201

13.1.8.1 Business overview 201

13.1.8.2 Products/Solutions/Services offered 202

13.1.8.3 Recent developments         203

13.1.8.3.1            Product launches 203

13.1.8.3.2            Deals     204

13.1.8.4 MnM view           204

13.1.8.4.1            Right to win         204

13.1.8.4.2            Strategic choices  204

13.1.8.4.3            Weaknesses and competitive threats 204

13.1.9    PPG INDUSTRIES, INC.  205

13.1.9.1 Business overview 205

13.1.9.2 Products/Solutions/Services offered 206

13.1.9.3 Recent developments         207

13.1.9.3.1            Expansions          207

13.1.9.4 MnM view           207

13.1.9.4.1            Right to win         207

13.1.9.4.2            Strategic choices  207

13.1.9.4.3            Weaknesses and competitive threats 207

13.1.10  JIANGXI BLACK CAT CARBON BLACK CO., LTD. 208

13.1.10.1             Business overview 208

13.1.10.2             Products/Solutions/Services offered 209

13.1.10.3             MnM view           210

13.1.10.3.1          Right to win         210

13.1.10.3.2          Strategic choices  210

13.1.10.3.3          Weaknesses and competitive threats 210

13.2       OTHER PLAYERS           211

13.2.1    LDC CO., LTD.  211

13.2.2    MONOLITH INC.            211

13.2.3    CONTEC            212

13.2.4    BLACK BEAR CARBON B.V.         212

13.2.5    SNR RECLAMATIONS PVT. LTD.             213

13.2.6    CAPITAL CARBON         213

13.2.7    PYRUM INNOVATIONS AG         214

13.2.8    ORIGIN MATERIALS      214

13.2.9    TINNA RUBBER & INFRASTRUCTURE LTD.         215

13.2.10  HI-GREEN CARBON LTD.           215

13.2.11  SAPPHIRE RECLAIM RUBBER PVT. LTD. 216

13.2.12  ENVIGAS           216

13.2.13  TOKAI CARBON CB LTD.            217

14          APPENDIX         218

14.1       DISCUSSION GUIDE      218

14.2       KNOWLEDGESTORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL             221

14.3       CUSTOMIZATION OPTIONS      223

14.4       RELATED REPORTS       223

14.5       AUTHOR DETAILS         224

LIST OF TABLES

TABLE 1             AVERAGE SELLING PRICE TREND OF SUSTAINABLE TIRE MATERIALS, BY REGION,  2020–2023 (USD/KG) 59

TABLE 2             AVERAGE SELLING PRICE TREND, BY MATERIAL TYPE, 2020–2023 (USD/KG) 60

TABLE 3             AVERAGE SELLING PRICE TREND OF KEY PLAYERS, BY MATERIAL TYPE,

2020–2023 (USD/KG)      60

TABLE 4             SUSTAINABLE TIRE MATERIALS MARKET: ECOSYSTEM 61

TABLE 5             KEY TECHNOLOGIES IN SUSTAINABLE TIRE MATERIALS MARKET            63

TABLE 6             COMPLEMENTARY TECHNOLOGIES IN SUSTAINABLE TIRE MATERIALS MARKET    64

TABLE 7             ADJACENT TECHNOLOGIES IN SUSTAINABLE TIRE MATERIALS MARKET    64

TABLE 8             SUSTAINABLE TIRE MATERIALS MARKET: TOTAL NUMBER OF PATENTS           66

TABLE 9             SUSTAINABLE TIRE MATERIALS MARKET: LIST OF MAJOR PATENT OWNERS          68

TABLE 10           SUSTAINABLE TIRE MATERIALS MARKET: LIST OF MAJOR PATENTS, 2022–2024      69

TABLE 11           SUSTAINABLE TIRE MATERIALS MARKET: LIST OF KEY CONFERENCES & EVENTS,  2024–2025  73

TABLE 12           TARIFF RELATED TO SUSTAINABLE TIRE MATERIALS MARKET              74

TABLE 13           NORTH AMERICA: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS         75

TABLE 14           EUROPE: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS         76

TABLE 15           ASIA PACIFIC: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS         77

TABLE 16           MIDDLE EAST & AFRICA: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS         77

TABLE 17           SOUTH AMERICA: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS         78

TABLE 18           LIST OF REGULATIONS FOR SUSTAINABLE TIRE MATERIALS              79

TABLE 19           SUSTAINABLE TIRE MATERIALS MARKET: PORTER’S FIVE FORCES ANALYSIS         80

TABLE 20           INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS FOR PROPULSION TYPES     84

TABLE 21           KEY BUYING CRITERIA FOR PROPULSION TYPES           85

TABLE 22           PROJECTED REAL GDP GROWTH (ANNUAL PERCENTAGE CHANGE) OF KEY COUNTRIES, 2018–2025           86

TABLE 23           SUSTAINABLE TIRE MATERIALS MARKET, BY MATERIAL TYPE,

2020–2023 (USD MILLION)          91

TABLE 24           SUSTAINABLE TIRE MATERIALS MARKET, BY MATERIAL TYPE,

2024–2029 (USD MILLION)          91

TABLE 25           SUSTAINABLE TIRE MATERIALS MARKET, BY MATERIAL TYPE, 2020–2023 (TON)            92

TABLE 26           SUSTAINABLE TIRE MATERIALS MARKET, BY MATERIAL TYPE, 2024–2029 (TON)            92

TABLE 27           SUSTAINABLE TIRE MATERIALS MARKET, BY PROPULSION TYPE,

2020–2023 (USD MILLION)          96

TABLE 28           SUSTAINABLE TIRE MATERIALS MARKET, BY PROPULSION TYPE,

2024–2029 (USD MILLION)          96

TABLE 29           SUSTAINABLE TIRE MATERIALS MARKET, BY VEHICLE TYPE,

2020–2023 (USD MILLION)          100

TABLE 30           SUSTAINABLE TIRE MATERIALS MARKET, BY VEHICLE TYPE,

2024–2029 (USD MILLION)          100

TABLE 31           SUSTAINABLE TIRE MATERIALS MARKET, BY STRUCTURE,

2020–2023 (USD MILLION)          103

TABLE 32           SUSTAINABLE TIRE MATERIALS MARKET, BY STRUCTURE,

2024–2029 (USD MILLION)          103

TABLE 33           SUSTAINABLE TIRE MATERIALS MARKET, BY SALES CHANNEL,

2020–2023 (USD MILLION)          106

TABLE 34           SUSTAINABLE TIRE MATERIALS MARKET, BY SALES CHANNEL,

2024–2029 (USD MILLION)          106

TABLE 35           SUSTAINABLE TIRE MATERIALS MARKET, BY REGION, 2020–2023 (USD MILLION)     110

TABLE 36           SUSTAINABLE TIRE MATERIALS MARKET, BY REGION, 2024–2029 (USD MILLION)     110

TABLE 37           SUSTAINABLE TIRE MATERIALS MARKET, BY REGION, 2020–2023 (TON)        110

TABLE 38           SUSTAINABLE TIRE MATERIALS MARKET, BY REGION, 2024–2029 (TON)        111

TABLE 39           ASIA PACIFIC: SUSTAINABLE TIRE MATERIALS MARKET, BY COUNTRY,

2020–2023 (USD MILLION)          112

TABLE 40           ASIA PACIFIC: SUSTAINABLE TIRE MATERIALS MARKET, BY COUNTRY,

2024–2029 (USD MILLION)        113

TABLE 41           ASIA PACIFIC: SUSTAINABLE TIRE MATERIALS MARKET, BY COUNTRY,

2020–2023 (TON)            113

TABLE 42           ASIA PACIFIC: SUSTAINABLE TIRE MATERIALS MARKET, BY COUNTRY,

2024–2029 (TON)            113

TABLE 43           ASIA PACIFIC: SUSTAINABLE TIRE MATERIALS MARKET, BY MATERIAL TYPE,

2020–2023 (USD MILLION)          114

TABLE 44           ASIA PACIFIC: SUSTAINABLE TIRE MATERIALS MARKET, BY MATERIAL TYPE,

2024–2029 (USD MILLION)          114

TABLE 45           ASIA PACIFIC: SUSTAINABLE TIRE MATERIALS MARKET, BY MATERIAL TYPE,

2020–2023 (TON)            114

TABLE 46           ASIA PACIFIC: SUSTAINABLE TIRE MATERIALS MARKET, BY MATERIAL TYPE,

2024–2029 (TON)            114

TABLE 47           ASIA PACIFIC: SUSTAINABLE TIRE MATERIALS MARKET, BY PROPULSION TYPE,  2020–2023 (USD MILLION)             115

TABLE 48           ASIA PACIFIC: SUSTAINABLE TIRE MATERIALS MARKET, BY PROPULSION TYPE,  2024–2029 (USD MILLION)             115

TABLE 49           ASIA PACIFIC: SUSTAINABLE TIRE MATERIALS MARKET, BY STRUCTURE,

2020–2023 (USD MILLION)          115

TABLE 50           ASIA PACIFIC: SUSTAINABLE TIRE MATERIALS MARKET, BY STRUCTURE,

2024–2029 (USD MILLION)          115

TABLE 51           ASIA PACIFIC: SUSTAINABLE TIRE MATERIALS MARKET, BY SALES CHANNEL,  2020–2023 (USD MILLION)    116

TABLE 52           ASIA PACIFIC: SUSTAINABLE TIRE MATERIALS MARKET, BY SALES CHANNEL,  2024–2029 (USD MILLION)    116

TABLE 53           ASIA PACIFIC: SUSTAINABLE TIRE MATERIALS MARKET, BY VEHICLE TYPE,

2020–2023 (USD MILLION)        116

TABLE 54           ASIA PACIFIC: SUSTAINABLE TIRE MATERIALS MARKET, BY VEHICLE TYPE,

2024–2029 (USD MILLION)          116

TABLE 55           CHINA: SUSTAINABLE TIRE MATERIALS MARKET, BY VEHICLE TYPE,

2020–2023 (USD MILLION)          117

TABLE 56           CHINA: SUSTAINABLE TIRE MATERIALS MARKET, BY VEHICLE TYPE,

2024–2029 (USD MILLION)          117

TABLE 57           JAPAN: SUSTAINABLE TIRE MATERIALS MARKET, BY VEHICLE TYPE,

2020–2023 (USD MILLION)          118

TABLE 58           JAPAN: SUSTAINABLE TIRE MATERIALS MARKET, BY VEHICLE TYPE,

2024–2029 (USD MILLION)          118

TABLE 59           INDIA: SUSTAINABLE TIRE MATERIALS MARKET, BY VEHICLE TYPE,

2020–2023 (USD MILLION)          119

TABLE 60           INDIA: SUSTAINABLE TIRE MATERIALS MARKET, BY VEHICLE TYPE,

2024–2029 (USD MILLION)          119

TABLE 61           SOUTH KOREA: SUSTAINABLE TIRE MATERIALS MARKET, BY VEHICLE TYPE,  2020–2023 (USD MILLION)       120

TABLE 62           SOUTH KOREA: SUSTAINABLE TIRE MATERIALS MARKET, BY VEHICLE TYPE,  2024–2029 (USD MILLION)       120

TABLE 63           REST OF ASIA PACIFIC: SUSTAINABLE TIRE MATERIALS MARKET, BY VEHICLE TYPE,  2020–2023 (USD MILLION)            121

TABLE 64           REST OF ASIA PACIFIC: SUSTAINABLE TIRE MATERIALS MARKET, BY VEHICLE TYPE,  2024–2029 (USD MILLION)            121

TABLE 65           NORTH AMERICA: SUSTAINABLE TIRE MATERIALS MARKET, BY COUNTRY,

2020–2023 (USD MILLION)          122

TABLE 66           NORTH AMERICA: SUSTAINABLE TIRE MATERIALS MARKET, BY COUNTRY,

2024–2029 (USD MILLION)        123

TABLE 67           NORTH AMERICA: SUSTAINABLE TIRE MATERIALS MARKET, BY COUNTRY,

2020–2023 (TON)          123

TABLE 68           NORTH AMERICA: SUSTAINABLE TIRE MATERIALS MARKET, BY COUNTRY,

2024–2029 (TON)            123

TABLE 69           NORTH AMERICA: SUSTAINABLE TIRE MATERIALS MARKET, BY MATERIAL TYPE,  2020–2023 (USD MILLION)            123

TABLE 70           NORTH AMERICA: SUSTAINABLE TIRE MATERIALS MARKET, BY MATERIAL TYPE,  2024–2029 (USD MILLION)            124

TABLE 71           NORTH AMERICA: SUSTAINABLE TIRE MATERIALS MARKET, BY MATERIAL TYPE,  2020–2023 (TON) 124

TABLE 72           NORTH AMERICA: SUSTAINABLE TIRE MATERIALS MARKET, BY MATERIAL TYPE,  2024–2029 (TON) 124

TABLE 73           NORTH AMERICA: SUSTAINABLE TIRE MATERIALS MARKET, BY PROPULSION TYPE,  2020–2023 (USD MILLION)       124

TABLE 74           NORTH AMERICA: SUSTAINABLE TIRE MATERIALS MARKET, BY PROPULSION TYPE,  2024–2029 (USD MILLION)       125

TABLE 75           NORTH AMERICA: SUSTAINABLE TIRE MATERIALS MARKET, BY STRUCTURE,  2020–2023 (USD MILLION)      125

TABLE 76           NORTH AMERICA: SUSTAINABLE TIRE MATERIALS MARKET, BY STRUCTURE,  2024–2029 (USD MILLION)      125

TABLE 77           NORTH AMERICA: SUSTAINABLE TIRE MATERIALS MARKET, BY SALES CHANNEL,  2020–2023 (USD MILLION)            125

TABLE 78           NORTH AMERICA: SUSTAINABLE TIRE MATERIALS MARKET, BY SALES CHANNEL,  2024–2029 (USD MILLION)            125

TABLE 79           NORTH AMERICA: SUSTAINABLE TIRE MATERIALS MARKET, BY VEHICLE TYPE,  2020–2023 (USD MILLION) 126

TABLE 80           NORTH AMERICA: SUSTAINABLE TIRE MATERIALS MARKET, BY VEHICLE TYPE,  2024–2029 (USD MILLION) 126

TABLE 81           US: SUSTAINABLE TIRE MATERIALS MARKET, BY VEHICLE TYPE,

2020–2023 (USD MILLION)          126

TABLE 82           US: SUSTAINABLE TIRE MATERIALS MARKET, BY VEHICLE TYPE,

2024–2029 (USD MILLION)          127

TABLE 83           CANADA: SUSTAINABLE TIRE MATERIALS MARKET, BY VEHICLE TYPE,

2020–2023 (USD MILLION)          127

TABLE 84           CANADA: SUSTAINABLE TIRE MATERIALS MARKET, BY VEHICLE TYPE,

2024–2029 (USD MILLION)          128

TABLE 85           MEXICO: SUSTAINABLE TIRE MATERIALS MARKET, BY VEHICLE TYPE,

2020–2023 (USD MILLION)          128

TABLE 86           MEXICO: SUSTAINABLE TIRE MATERIALS MARKET, BY VEHICLE TYPE,

2024–2029 (USD MILLION)          129

TABLE 87           EUROPE: SUSTAINABLE TIRE MATERIALS MARKET, BY COUNTRY,

2020–2023 (USD MILLION)          130

TABLE 88           EUROPE: SUSTAINABLE TIRE MATERIALS MARKET, BY COUNTRY,

2024–2029 (USD MILLION)          131

TABLE 89           EUROPE: SUSTAINABLE TIRE MATERIALS MARKET, BY COUNTRY,

2020–2023 (TON)            131

TABLE 90           EUROPE: SUSTAINABLE TIRE MATERIALS MARKET, BY COUNTRY,

2024–2029 (TON)            131

TABLE 91           EUROPE: SUSTAINABLE TIRE MATERIALS MARKET, BY MATERIAL TYPE,

2020–2023 (USD MILLION)          132

TABLE 92           EUROPE: SUSTAINABLE TIRE MATERIALS MARKET, BY MATERIAL TYPE,

2024–2029 (USD MILLION)        132

TABLE 93           EUROPE: SUSTAINABLE TIRE MATERIALS MARKET, BY MATERIAL TYPE,

2020–2023 (TON)          132

TABLE 94           EUROPE: SUSTAINABLE TIRE MATERIALS MARKET, BY MATERIAL TYPE,

2024–2029 (TON)            132

TABLE 95           EUROPE: SUSTAINABLE TIRE MATERIALS MARKET, BY PROPULSION TYPE,

2020–2023 (USD MILLION)          133

TABLE 96           EUROPE: SUSTAINABLE TIRE MATERIALS MARKET, BY PROPULSION TYPE,

2024–2029 (USD MILLION)          133

TABLE 97           EUROPE: SUSTAINABLE TIRE MATERIALS MARKET, BY STRUCTURE,

2020–2023 (USD MILLION)          133

TABLE 98           EUROPE: SUSTAINABLE TIRE MATERIALS MARKET, BY STRUCTURE,

2024–2029 (USD MILLION)          133

TABLE 99           EUROPE: SUSTAINABLE TIRE MATERIALS MARKET, BY SALES CHANNEL,

2020–2023 (USD MILLION)        134

TABLE 100         EUROPE: SUSTAINABLE TIRE MATERIALS MARKET, BY SALES CHANNEL,

2024–2029 (USD MILLION)          134

TABLE 101         EUROPE: SUSTAINABLE TIRE MATERIALS MARKET, BY VEHICLE TYPE,

2020–2023 (USD MILLION)          134

TABLE 102         EUROPE: SUSTAINABLE TIRE MATERIALS MARKET, BY VEHICLE TYPE,

2024–2029 (USD MILLION)          134

TABLE 103         GERMANY: SUSTAINABLE TIRE MATERIALS MARKET, BY VEHICLE TYPE,

2020–2023 (USD MILLION)          135

TABLE 104         GERMANY: SUSTAINABLE TIRE MATERIALS MARKET, BY VEHICLE TYPE,

2024–2029 (USD MILLION)          135

TABLE 105         ITALY: SUSTAINABLE TIRE MATERIALS MARKET, BY VEHICLE TYPE,

2020–2023 (USD MILLION)          136

TABLE 106         ITALY: SUSTAINABLE TIRE MATERIALS MARKET, BY VEHICLE TYPE,

2024–2029 (USD MILLION)          136

TABLE 107         FRANCE: SUSTAINABLE TIRE MATERIALS MARKET, BY VEHICLE TYPE,

2020–2023 (USD MILLION)          137

TABLE 108         FRANCE: SUSTAINABLE TIRE MATERIALS MARKET, BY VEHICLE TYPE,

2024–2029 (USD MILLION)        137

TABLE 109         UK: SUSTAINABLE TIRE MATERIALS MARKET, BY VEHICLE TYPE,

2020–2023 (USD MILLION)        138

TABLE 110         UK: SUSTAINABLE TIRE MATERIALS MARKET, BY VEHICLE TYPE,

2024–2029 (USD MILLION)          138

TABLE 111         SPAIN: SUSTAINABLE TIRE MATERIALS MARKET, BY VEHICLE TYPE,

2020–2023 (USD MILLION)        139

TABLE 112         SPAIN: SUSTAINABLE TIRE MATERIALS MARKET, BY VEHICLE TYPE,

2024–2029 (USD MILLION)          139

TABLE 113         RUSSIA: SUSTAINABLE TIRE MATERIALS MARKET, BY VEHICLE TYPE,

2020–2023 (USD MILLION)      140

TABLE 114         RUSSIA: SUSTAINABLE TIRE MATERIALS MARKET, BY VEHICLE TYPE,

2024–2029 (USD MILLION)          140

TABLE 115         REST OF EUROPE: SUSTAINABLE TIRE MATERIALS MARKET, BY VEHICLE TYPE,  2020–2023 (USD MILLION) 140

TABLE 116         REST OF EUROPE: SUSTAINABLE TIRE MATERIALS MARKET, BY VEHICLE TYPE,  2024–2029 (USD MILLION) 141

TABLE 117         MIDDLE EAST & AFRICA: SUSTAINABLE TIRE MATERIALS MARKET, BY COUNTRY,  2020–2023 (USD MILLION)      141

TABLE 118         MIDDLE EAST & AFRICA: SUSTAINABLE TIRE MATERIALS MARKET, BY COUNTRY,  2024–2029 (USD MILLION)      142

TABLE 119         MIDDLE EAST & AFRICA: SUSTAINABLE TIRE MATERIALS MARKET, BY COUNTRY,  2020–2023 (TON)        142

TABLE 120         MIDDLE EAST & AFRICA: SUSTAINABLE TIRE MATERIALS MARKET, BY COUNTRY,  2024–2029 (TON)        142

TABLE 121         MIDDLE EAST & AFRICA: SUSTAINABLE TIRE MATERIALS MARKET, BY MATERIAL TYPE, 2020–2023 (USD MILLION)            143

TABLE 122         MIDDLE EAST & AFRICA: SUSTAINABLE TIRE MATERIALS MARKET, BY MATERIAL TYPE, 2024–2029 (USD MILLION)            143

TABLE 123         MIDDLE EAST & AFRICA: SUSTAINABLE TIRE MATERIALS MARKET, BY MATERIAL TYPE, 2020–2023 (TON) 143

TABLE 124         MIDDLE EAST & AFRICA: SUSTAINABLE TIRE MATERIALS MARKET, BY MATERIAL TYPE, 2024–2029 (TON) 143

TABLE 125         MIDDLE EAST & AFRICA: SUSTAINABLE TIRE MATERIALS MARKET, BY PROPULSION TYPE, 2020–2023 (USD MILLION)       144

TABLE 126         MIDDLE EAST & AFRICA: SUSTAINABLE TIRE MATERIALS MARKET, BY PROPULSION TYPE, 2024–2029 (USD MILLION)       144

TABLE 127         MIDDLE EAST & AFRICA: SUSTAINABLE TIRE MATERIALS MARKET, BY STRUCTURE,  2020–2023 (USD MILLION)  144

TABLE 128         MIDDLE EAST & AFRICA: SUSTAINABLE TIRE MATERIALS MARKET, BY STRUCTURE,  2024–2029 (USD MILLION)  144

TABLE 129         MIDDLE EAST & AFRICA: SUSTAINABLE TIRE MATERIALS MARKET, BY SALES CHANNEL, 2020–2023 (USD MILLION)           145

TABLE 130         MIDDLE EAST & AFRICA: SUSTAINABLE TIRE MATERIALS MARKET, BY SALES CHANNEL, 2024–2029 (USD MILLION)           145

TABLE 131         MIDDLE EAST & AFRICA: SUSTAINABLE TIRE MATERIALS MARKET, BY VEHICLE TYPE, 2020–2023 (USD MILLION) 145

TABLE 132         MIDDLE EAST & AFRICA: SUSTAINABLE TIRE MATERIALS MARKET, BY VEHICLE TYPE, 2024–2029 (USD MILLION) 145

TABLE 133         SAUDI ARABIA: SUSTAINABLE TIRE MATERIALS MARKET, BY VEHICLE TYPE,

2020–2023 (USD MILLION)          146

TABLE 134         SAUDI ARABIA: SUSTAINABLE TIRE MATERIALS MARKET, BY VEHICLE TYPE,

2024–2029 (USD MILLION)        146

TABLE 135         UAE: SUSTAINABLE TIRE MATERIALS MARKET, BY VEHICLE TYPE,

2020–2023 (USD MILLION)        147

TABLE 136         UAE: SUSTAINABLE TIRE MATERIALS MARKET, BY VEHICLE TYPE,

2024–2029 (USD MILLION)          147

TABLE 137         REST OF GCC: SUSTAINABLE TIRE MATERIALS MARKET, BY VEHICLE TYPE,

2020–2023 (USD MILLION)        148

TABLE 138         REST OF GCC: SUSTAINABLE TIRE MATERIALS MARKET, BY VEHICLE TYPE,

2024–2029 (USD MILLION)          148

TABLE 139         SOUTH AFRICA: SUSTAINABLE TIRE MATERIALS MARKET, BY VEHICLE TYPE,  2020–2023 (USD MILLION)       148

TABLE 140         SOUTH AFRICA: SUSTAINABLE TIRE MATERIALS MARKET, BY VEHICLE TYPE,  2024–2029 (USD MILLION)       149

TABLE 141         REST OF MIDDLE EAST & AFRICA: SUSTAINABLE TIRE MATERIALS MARKET,

BY VEHICLE TYPE, 2020–2023 (USD MILLION)    149

TABLE 142         REST OF MIDDLE EAST & AFRICA: SUSTAINABLE TIRE MATERIALS MARKET,

BY VEHICLE TYPE, 2024–2029 (USD MILLION)    149

TABLE 143         SOUTH AMERICA: SUSTAINABLE TIRE MATERIALS MARKET, BY COUNTRY,

2020–2023 (USD MILLION)          150

TABLE 144         SOUTH AMERICA: SUSTAINABLE TIRE MATERIALS MARKET, BY COUNTRY,

2024–2029 (USD MILLION)          150

TABLE 145         SOUTH AMERICA: SUSTAINABLE TIRE MATERIALS MARKET, BY COUNTRY,

2020–2023 (TON)            151

TABLE 146         SOUTH AMERICA: SUSTAINABLE TIRE MATERIALS MARKET, BY COUNTRY,

2024–2029 (TON)            151

TABLE 147         SOUTH AMERICA: SUSTAINABLE TIRE MATERIALS MARKET, BY MATERIAL TYPE,  2020–2023 (USD MILLION)            151

TABLE 148         SOUTH AMERICA: SUSTAINABLE TIRE MATERIALS MARKET, BY MATERIAL TYPE,  2024–2029 (USD MILLION)            151

TABLE 149         SOUTH AMERICA: SUSTAINABLE TIRE MATERIALS MARKET, BY MATERIAL TYPE,  2020–2023 (TON) 152

TABLE 150         SOUTH AMERICA: SUSTAINABLE TIRE MATERIALS MARKET, BY MATERIAL TYPE,  2024–2029 (TON) 152

TABLE 151         SOUTH AMERICA: SUSTAINABLE TIRE MATERIALS MARKET, BY PROPULSION TYPE,  2020–2023 (USD MILLION)       152

TABLE 152         SOUTH AMERICA: SUSTAINABLE TIRE MATERIALS MARKET, BY PROPULSION TYPE,  2024–2029 (USD MILLION)       152

TABLE 153         SOUTH AMERICA: SUSTAINABLE TIRE MATERIALS MARKET, BY STRUCTURE,  2020–2023 (USD MILLION)      153

TABLE 154         SOUTH AMERICA: SUSTAINABLE TIRE MATERIALS MARKET, BY STRUCTURE,  2024–2029 (USD MILLION)      153

TABLE 155         SOUTH AMERICA: SUSTAINABLE TIRE MATERIALS MARKET, BY SALES CHANNEL,  2020–2023 (USD MILLION)            153

TABLE 156         SOUTH AMERICA: SUSTAINABLE TIRE MATERIALS MARKET, BY SALES CHANNEL,  2024–2029 (USD MILLION)            153

TABLE 157         SOUTH AMERICA: SUSTAINABLE TIRE MATERIALS MARKET, BY VEHICLE TYPE,  2020–2023 (USD MILLION) 153

TABLE 158         SOUTH AMERICA: SUSTAINABLE TIRE MATERIALS MARKET, BY VEHICLE TYPE,  2024–2029 (USD MILLION) 154

TABLE 159         BRAZIL: SUSTAINABLE TIRE MATERIALS MARKET, BY VEHICLE TYPE,

2020–2023 (USD MILLION)          154

TABLE 160         BRAZIL: SUSTAINABLE TIRE MATERIALS MARKET, BY VEHICLE TYPE,

2024–2029 (USD MILLION)        155

TABLE 161         ARGENTINA: SUSTAINABLE TIRE MATERIALS MARKET, BY VEHICLE TYPE,

2020–2023 (USD MILLION)          155

TABLE 162         ARGENTINA: SUSTAINABLE TIRE MATERIALS MARKET, BY VEHICLE TYPE,

2024–2029 (USD MILLION)          155

TABLE 163         REST OF SOUTH AMERICA: SUSTAINABLE TIRE MATERIALS MARKET, BY VEHICLE TYPE, 2020–2023 (USD MILLION) 156

TABLE 164         REST OF SOUTH AMERICA: SUSTAINABLE TIRE MATERIALS MARKET, BY VEHICLE TYPE, 2024–2029 (USD MILLION) 156

TABLE 165         OVERVIEW OF STRATEGIES ADOPTED BY KEY SUSTAINABLE TIRE MATERIALS MANUFACTURERS     157

TABLE 166         SUSTAINABLE TIRE MATERIALS MARKET: DEGREE OF COMPETITION 159

TABLE 167         SUSTAINABLE TIRE MATERIALS MARKET: MATERIAL TYPE FOOTPRINT      166

TABLE 168         SUSTAINABLE TIRE MATERIALS MARKET: VEHICLE TYPE FOOTPRINT      167

TABLE 169         SUSTAINABLE TIRE MATERIALS MARKET: PROPULSION TYPE FOOTPRINT      167

TABLE 170         SUSTAINABLE TIRE MATERIALS MARKET: REGION FOOTPRINT      168

TABLE 171         SUSTAINABLE TIRE MATERIALS MARKET: KEY STARTUPS/SMES           170

TABLE 172         SUSTAINABLE TIRE MATERIALS MARKET: COMPETITIVE BENCHMARKING OF KEY STARTUPS/SMES        171

TABLE 173         SUSTAINABLE TIRE MATERIALS MARKET: PRODUCT LAUNCHES,

JANUARY 2020–JULY 2024           173

TABLE 174         SUSTAINABLE TIRE MATERIALS MARKET: DEALS, JANUARY 2020–JULY 2024 174

TABLE 175         SUSTAINABLE TIRE MATERIALS MARKET: EXPANSIONS, JANUARY 2020–JULY 2024           175

TABLE 176         SUSTAINABLE TIRE MATERIALS MARKET: OTHER DEVELOPMENTS,

JANUARY 2020–JULY 2024           176

TABLE 177         EVONIK INDUSTRIES AG: COMPANY OVERVIEW             178

TABLE 178         EVONIK INDUSTRIES AG: PRODUCTS/SOLUTIONS/SERVICES OFFERED          179

TABLE 179         EVONIK INDUSTRIES AG: DEALS, JANUARY 2020–JULY 2024              180

TABLE 180         EVONIK INDUSTRIES AG: EXPANSIONS, JANUARY 2020–JULY 2024      180

TABLE 181         EVONIK INDUSTRIES AG: OTHERS, JANUARY 2020–JULY 2024              180

TABLE 182         SOLVAY: COMPANY OVERVIEW 182

TABLE 183         SOLVAY: PRODUCTS/SOLUTIONS/SERVICES OFFERED 183

TABLE 184         SOLVAY: DEALS, JANUARY 2020–JULY 2024         184

TABLE 185         SOLVAY: EXPANSIONS, JANUARY 2020–JULY 2024            184

TABLE 186         SOLVAY: OTHERS, JANUARY 2020–JULY 2024      184

TABLE 187         BIRLA CARBON: COMPANY OVERVIEW 186

TABLE 188         BIRLA CARBON: PRODUCTS/SOLUTIONS/SERVICES OFFERED              187

TABLE 189         BIRLA CARBON: PRODUCT LAUNCHES, JANUARY 2020–JULY 2024      187

TABLE 190         BIRLA CARBON: DEALS, JANUARY 2020–JULY 2024          187

TABLE 191         BIRLA CARBON: EXPANSIONS, JANUARY 2020–JULY 2024              188

TABLE 192         BIRLA CARBON: OTHERS, JANUARY 2020–JULY 2024       188

TABLE 193         ORION: COMPANY OVERVIEW  190

TABLE 194         ORION: PRODUCTS/SOLUTIONS/SERVICES OFFERED   191

TABLE 195         ORION: PRODUCT LAUNCHES, JANUARY 2020–JULY 2024              191

TABLE 196         ORION: DEALS, JANUARY 2020–JULY 2024           191

TABLE 197         ORION: EXPANSIONS, JANUARY 2020–JULY 2024 192

TABLE 198         ORION: OTHERS, JANUARY 2020–JULY 2024        192

TABLE 199         GRP LTD.: COMPANY OVERVIEW           194

TABLE 200         GRP LTD.: PRODUCTS/SOLUTIONS/SERVICES OFFERED              195

TABLE 201         GENAN HOLDING A/S: COMPANY OVERVIEW   196

TABLE 202         GENAN HOLDING A/S: PRODUCTS/SOLUTIONS/SERVICES OFFERED          197

TABLE 203         GENAN HOLDING A/S: OTHERS, JANUARY 2020–JULY 2024              197

TABLE 204         LEHIGH TECHNOLOGIES, INC.: COMPANY OVERVIEW  198

TABLE 205         LEHIGH TECHNOLOGIES, INC.: PRODUCTS/SOLUTIONS/SERVICES OFFERED   199

TABLE 206         CABOT CORPORATION: COMPANY OVERVIEW 201

TABLE 207         CABOT CORPORATION: PRODUCTS/SOLUTIONS/SERVICES OFFERED          202

TABLE 208         CABOT CORPORATION: PRODUCT LAUNCHES, JANUARY 2020–JULY 2024          203

TABLE 209         CABOT CORPORATION: DEALS, JANUARY 2020–JULY 2024              204

TABLE 210         PPG INDUSTRIES, INC.: COMPANY OVERVIEW  205

TABLE 211         PPG INDUSTRIES, INC.: PRODUCTS/SOLUTIONS/SERVICES OFFERED          206

TABLE 212         PPG INDUSTRIES, INC.: EXPANSIONS, JANUARY 2020–JULY 2024              207

TABLE 213         JIANGXI BLACK CAT CARBON BLACK CO., LTD.: COMPANY OVERVIEW        208

TABLE 214         JIANGXI BLACK CAT CARBON BLACK CO., LTD.: PRODUCTS/SOLUTIONS/SERVICES OFFERED   209

TABLE 215         LDC CO., LTD.: COMPANY OVERVIEW   211

TABLE 216         MONOLITH INC.: COMPANY OVERVIEW             211

TABLE 217         CONTEC: COMPANY OVERVIEW            212

TABLE 218         BLACK BEAR CARBON B.V.: COMPANY OVERVIEW         212

TABLE 219         SNR RECLAMATIONS PVT. LTD.: COMPANY OVERVIEW 213

TABLE 220         CAPITAL CARBON: COMPANY OVERVIEW          213

TABLE 221         PYRUM INNOVATIONS AG: COMPANY OVERVIEW         214

TABLE 222         ORIGIN MATERIALS: COMPANY OVERVIEW       214

TABLE 223         TINNA RUBBER & INFRASTRUCTURE LTD.: COMPANY OVERVIEW        215

TABLE 224         HI-GREEN CARBON LTD.: COMPANY OVERVIEW            215

TABLE 225         SAPPHIRE RECLAIM RUBBER PVT. LTD.: COMPANY OVERVIEW              216

TABLE 226         ENVIGAS: COMPANY OVERVIEW            216

TABLE 227         TOKAI CARBON CB LTD.: COMPANY OVERVIEW            217

LIST OF FIGURES

FIGURE 1           SUSTAINABLE TIRE MATERIALS MARKET SEGMENTATION              27

FIGURE 2           SUSTAINABLE TIRE MATERIALS MARKET: RESEARCH DESIGN              30

FIGURE 3           MARKET SIZE ESTIMATION METHODOLOGY: SUPPLY-SIDE APPROACH       34

FIGURE 4           MARKET SIZE ESTIMATION METHODOLOGY: DEMAND-SIDE APPROACH       34

FIGURE 5           MARKET SIZE ESTIMATION METHODOLOGY: BOTTOM-UP APPROACH       35

FIGURE 6           MARKET SIZE ESTIMATION METHODOLOGY: TOP-DOWN APPROACH       36

FIGURE 7           SUSTAINABLE TIRE MATERIALS MARKET: DATA TRIANGULATION          37

FIGURE 8           RUBBER MATERIAL TYPE SEGMENT TO DOMINATE MARKET BETWEEN

2024 AND 2029  40

FIGURE 9           INTERNAL COMBUSTION ENGINE VEHICLE PROPULSION TYPE TO LEAD MARKET BETWEEN 2024 AND 2029         41

FIGURE 10         RADIAL STRUCTURE SEGMENT TO LEAD MARKET BETWEEN 2024 AND 2029  42

FIGURE 11         COMMERCIAL VEHICLE TYPE SEGMENT TO LEAD MARKET BETWEEN

2024 AND 2029  42

FIGURE 12         OEM SALES CHANNEL SEGMENT TO LEAD MARKET BETWEEN 2024 AND 2029  43

FIGURE 13         ASIA PACIFIC TO LEAD MARKET DURING FORECAST PERIOD              44

FIGURE 14         INCREASING NUMBER OF ECO-FRIENDLY TIRE SOLUTIONS, ENVIRONMENTAL REGULATIONS, AND CONSUMER AWARENESS TO DRIVE MARKET            45

FIGURE 15         RUBBER TO BE FASTEST-GROWING MATERIAL TYPE SEGMENT DURING  FORECAST PERIOD            45

FIGURE 16         COMMERCIAL VEHICLES TO BE FASTER-GROWING VEHICLE TYPE DURING  FORECAST PERIOD      46

FIGURE 17         ELECTRIC VEHICLES TO BE FASTER-GROWING PROPULSION TYPE DURING FORECAST PERIOD         46

FIGURE 18         RADIAL TO BE FASTER-GROWING STRUCTURE SEGMENT DURING  FORECAST PERIOD   47

FIGURE 19         OEMS TO BE FASTER-GROWING SALES CHANNEL DURING  FORECAST PERIOD       47

FIGURE 20         CHINA TO BE FASTEST-GROWING MARKET DURING FORECAST PERIOD       48

FIGURE 21         DRIVERS, RESTRAINTS, OPPORTUNITIES, AND CHALLENGES IN SUSTAINABLE TIRE MATERIALS MARKET      49

FIGURE 22         CHEMICAL COMPANIES EMBRACING AI ACROSS VARIOUS BUSINESS AREAS            53

FIGURE 23         USE OF GENERATIVE AI IN SUSTAINABLE TIRE MATERIALS MARKET            54

FIGURE 24         TRENDS/DISRUPTIONS IMPACTING CUSTOMER BUSINESS              56

FIGURE 25         OVERVIEW OF SUSTAINABLE TIRE MATERIALS MARKET VALUE CHAIN  57

FIGURE 26         INVESTMENT & FUNDING SCENARIO: SUSTAINABLE TIRE MATERIALS MARKET    59

FIGURE 27         AVERAGE SELLING PRICE TREND OF SUSTAINABLE TIRE MATERIALS, BY REGION             60

FIGURE 28         SUSTAINABLE TIRE MATERIALS MARKET: AVERAGE SELLING PRICE TREND OF KEY PLAYERS, BY MATERIAL TYPE     61

FIGURE 29         NUMBER OF PATENTS GRANTED, 2014−2023    66

FIGURE 30         SUSTAINABLE TIRE MATERIALS MARKET: LEGAL STATUS OF PATENTS           67

FIGURE 31         PATENT ANALYSIS FOR SUSTAINABLE TIRE MATERIALS, BY JURISDICTION, 2014−2023         67

FIGURE 32         TOP 10 COMPANIES WITH HIGHEST NUMBER OF PATENTS IN LAST 10 YEARS 68

FIGURE 33         IMPORTS OF HS CODE 400110- COMPLIANT PRODUCTS,  BY COUNTRY,

2020–2023 (USD THOUSAND)   72

FIGURE 34         EXPORTS OF IMPORTS OF HS CODE 400110- COMPLIANT PRODUCTS,

BY COUNTRY, 2020–2023 (USD THOUSAND)       73

FIGURE 35         PORTER’S FIVE FORCES ANALYSIS: SUSTAINABLE TIRE MATERIALS MARKET    81

FIGURE 36         INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS FOR PROPULSION TYPES     84

FIGURE 37         KEY BUYING CRITERIA FOR PROPULSION TYPES           85

FIGURE 38         RUBBER SEGMENT TO DOMINATE MARKET DURING FORECAST PERIOD       91

FIGURE 39         INTERNAL COMBUSTION ENGINE VEHICLES SEGMENT TO LEAD MARKET DURING FORECAST PERIOD      96

FIGURE 40         COMMERCIAL VEHICLES SEGMENT TO LEAD MARKET DURING FORECAST PERIOD     100

FIGURE 41         RADIAL STRUCTURE SEGMENT TO DOMINATE MARKET DURING FORECAST PERIOD     103

FIGURE 42         OEMS SALES CHANNEL TO LEAD MARKET DURING FORECAST PERIOD              106

FIGURE 43         ASIA PACIFIC TO BE FASTEST-GROWING MARKET DURING FORECAST PERIOD       109

FIGURE 44         ASIA PACIFIC: SUSTAINABLE TIRE MATERIALS MARKET SNAPSHOT        112

FIGURE 45         NORTH AMERICA: SUSTAINABLE TIRE MATERIALS MARKET SNAPSHOT        122

FIGURE 46         EUROPE: SUSTAINABLE TIRE MATERIALS MARKET SNAPSHOT              130

FIGURE 47         SUSTAINABLE TIRE MATERIALS MARKET: SHARE OF KEY PLAYERS           160

FIGURE 48         REVENUE ANALYSIS OF KEY PLAYERS, 2020–2024            162

FIGURE 49         SUSTAINABLE TIRE MATERIALS MARKET: BRAND/PRODUCT COMPARATIVE ANALYSIS          163

FIGURE 50         SUSTAINABLE TIRE MATERIALS MARKET: COMPANY EVALUATION MATRIX, 2023      165

FIGURE 51         SUSTAINABLE TIRE MATERIALS MARKET: OVERALL COMPANY FOOTPRINT      166

FIGURE 52         SUSTAINABLE TIRE MATERIALS MARKET: COMPANY EVALUATION MATRIX, STARTUPS/SMES, 2023  169

FIGURE 53         EV/EBITDA OF KEY VENDORS   172

FIGURE 54         YEAR-TO-DATE (YTD) PRICE TOTAL RETURN  172

FIGURE 55         EVONIK INDUSTRIES AG: COMPANY SNAPSHOT            179

FIGURE 56         SOLVAY: COMPANY SNAPSHOT             183

FIGURE 57         BIRLA CARBON: COMPANY SNAPSHOT 186

FIGURE 58         ORION: COMPANY SNAPSHOT 190

FIGURE 59         GRP LTD.: COMPANY SNAPSHOT           194

FIGURE 60         GENAN HOLDING A/S: COMPANY SNAPSHOT   196

FIGURE 61         LEHIGH TECHNOLOGIES, INC.: COMPANY SNAPSHOT  199

FIGURE 62         CABOT CORPORATION: COMPANY SNAPSHOT 202

FIGURE 63         PPG INDUSTRIES, INC.: COMPANY SNAPSHOT  206

FIGURE 64         JIANGXI BLACK CAT CARBON BLACK CO., LTD.: COMPANY SNAPSHOT        209