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Europe Sustainable Tire Materials Market

Analysis and Forecast, 2023-2032

 
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Tire manufacturers , recovered carbon black manufacturers, green silica manufacturers and other sustainable tire materials manufacturers should buy this report.

The global sustainable tire materials market is projected to reach $533.9 million by 2032 from $34.9 million in 2022, growing at a CAGR of 32.88% during the forecast period 2023-2032.

Sustainable tire materials are environmentally friendly alternatives to traditional tire materials like synthetic rubber and petroleum-based chemicals. They are typically made from renewable resources or recycled materials, reducing the environmental impact of tire production.

The automotive industry, including passenger vehicles and commercial vehicles, is a significant driver of demand for sustainable tire materials. Additionally, industries focused on reducing carbon emissions and promoting eco-friendly transportation, such as electric vehicles and public transportation, contribute to the growing demand.

Sustainable tire materials help reduce the carbon footprint of tires by decreasing the reliance on fossil fuels and non-renewable resources. They also contribute to lower emissions during tire production and usage, making them a more environmentally responsible choice.

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