Analytical Study of Low Rolling Resistance Tire in Korea from (2023 to 2033)

Demand for low rolling resistance tire in Korea is expected to be worth USD 1,540.40 million in 2023, up from USD 1,408.40 million in 2022. The use of low rolling resistance tires in Korea is expected to maintain a favorable growth trajectory throughout the forecast period, with a CAGR of 8.70%. By 2033, the sales of low rolling resistance tires in Korea are anticipated to reach a valuation of USD 3,547.55 million.

Key Insights from Low Rolling Resistance Tire Industry in Korea

  • Low rolling resistance tires are credited with the primary benefit of reducing fuel consumption by up to 10-15%. As a result, to conserve fuel, low rolling resistance tires are gaining increasing acceptance in Korean vehicles.
  • The reduction in fuel consumption is crucial for mitigating the environmental impact of vehicles on the road. To promote eco-friendliness, low rolling resistance tires are being utilized in Korea.
  • Sustainability is a concern not only for vehicle manufacturers but also for the government in Korea. Various government mandates have imposed limits on fuel consumption that vehicles in Korea must adhere to. Low rolling resistance tires are one way to reduce fuel consumption and meet these standards.
Attributes Details
Industry size for Korea in 2023 USD 1,540.40 million
Expected Industry Size for Korea by 2033 USD 3,547.55 million
Forecasted CAGR between 2023 to 2033 8.70%

Key Trends for Low Rolling Resistance Tire in Korea

  • Low rolling resistance tire is being used in both light commercial vehicles and heavy commercial vehicles. Thus, the use of low rolling resistance tire is varied and is used for an increasing number of vehicles in Korea.
  • Low rolling resistance tire is afflicted with the reputation of providing less grip on the road, which acts as a restraint on the demand. However, manufacturers are addressing the challenge by introducing advanced gripping technology.
  • New products are being introduced at a rapid pace in Korea. The aim of the players in Korea is to increase the efficiency of the tires, thus further reducing fuel usage, and providing better gripping.
  • Car production is steadily rising across Korea. The number of cars increasing is leading to more demand for tires, which is benefiting the sale of low rolling resistance tire.
  • Manufacturers have introduced additional features to low rolling resistance tires. Sound reduction and increased mobility on snow are some of the features available in low rolling resistance tire in Korea.

Category-wise Insights

Heavy Consumer Vehicle (HCV) is the Vehicle Type Predominantly Using Low Rolling Resistance Tire in Korea

Low rolling resistance tire is predominantly used in heavy consumer vehicle (HCV) in Korea. For 2023, the industry share by vehicle for HCV in Korea is estimated to be 50.7%. Production of HCV is increasing in Korea, in line with increased vehicle production. With HCVs heavily using low rolling resistance tire, the demand for the tire is rising.

Demand for Low Rolling Resistance Tire in Korea Based on Vehicle Type HCV
Industry Share in 2023 50.7%

Low Rolling Resistance Tire with Dual Width Dominates the Industry in Korea

Dual width low rolling resistance tires are the prominent product in Korea. In 2023, dual-width tires are expected to hold 82.7% of the industry share. Given that dual width tires are heavily used in HCVs, and considering the fast pace at which HCVs are adopting low rolling resistance tires, it is clear that dual width tires are the preferred choice.

Demand for Low Rolling Resistance Tire in Korea Based on Width Type Dual
Industry Share in 2023 82.7%

Competitive Landscape

Players in Korea are looking to expand beyond the borders of the country. To facilitate this, they are actively seeking partnerships and collaborations. Innovation is considered a crucial factor by industry players. Through innovation, Korea-based companies are focused on enhancing product efficiency and introducing new features.

Recent Developments Observed in Low Rolling Resistance Tire in Korea

  • In October 2023, Yokohama Rubber announced the launch of its GEOLANDAR CV 4S tire in several countries, including Korea. The tire is designed to withstand all weather conditions.
  • In May 2023, the Korean giant Hankook Tire introduced the iON brand of tires, specifically designed for electric vehicles.

Some of the Key Players with Low Rolling Resistance Tire in Korea

  • Bridgestone Corporation
  • The Goodyear Tire & Rubber Company
  • Sumitomo Rubber Industries Ltd.
  • Pirelli & C S.p.A
  • Hankook Tire
  • MICHELIN
  • Continental AG
  • Trelleborg AB
  • The Yokohama Rubber Co. Ltd
  • Apollo Tyres Ltd.
  • Maxxis International (Cheng Shin Rubber)
  • Marangoni S.p.A
  • MRF Tyres

Scope of the Report

Attribute Details
Estimated Industry Size in 2023 USD 1,540.40 million
Projected Industry Size by 2033 USD 3,547.55 million
Anticipated CAGR between 2023 to 2033 8.70% CAGR
Historical Analysis of Demand for Low Rolling Resistance Tire in Korea 2018 to 2022
Demand Forecast for Low Rolling Resistance Tire in Korea 2023 to 2033
Report Coverage Industry Size, Industry Trends, Key Insights for Low Rolling Resistance Tire in Korea, Insights on Global Players and Leading Industry Strategy in Korea, Ecosystem Analysis of Local and Regional Korea Providers
Key Companies Profiled Bridgestone Corporation; The Goodyear Tire & Rubber Company; Sumitomo Rubber Industries Ltd.; Pirelli & C S.p.A; Hankook Tire; MICHELIN; Continental AG; Trelleborg AB; The Yokohama Rubber Co. Ltd; Apollo Tyres Ltd.; Maxxis International (Cheng Shin Rubber); Marangoni S.p.A; MRF Tyres
Key Provinces Analyzed South Gyeongsang, North Jeolla, South Jeolla, Jeju

Key Segments

By Vehicle:

  • Passenger Vehicle
  • Light Commercial Vehicle
  • Heavy Commercial Vehicle

By Width:

  • Dual Type
  • Wide Band Type

By Province:

  • South Gyeongsang
  • North Jeolla
  • South Jeolla
  • Jeju

Table of Content

  • 1. Executive Summary
  • 2. Market Overview
  • 3. Market Background
  • 4. Industry Analysis and Outlook 2018 to 2022 and Forecast, 2023 to 2033
  • 5. Industry Analysis and Outlook 2018 to 2022 and Forecast 2023 to 2033, By Sales Channel
    • 5.1. Aftersales
    • 5.2. OEM
  • 6. Industry Analysis and Outlook 2018 to 2022 and Forecast 2023 to 2033, By Vehicle Type
    • 6.1. HCVs
    • 6.2. LCVs
    • 6.3. Passenger Cars
  • 7. Industry Analysis and Outlook 2018 to 2022 and Forecast 2023 to 2033, By Width Type
    • 7.1. Dual Type
    • 7.2. Wide Band Type
  • 8. Industry Analysis and Outlook 2018 to 2022 and Forecast 2023 to 2033, By Region
    • 8.1. South Gyeongsang
    • 8.2. North Jeolla
    • 8.3. South Jeolla
    • 8.4. Jeju
    • 8.5. Rest of Korea
  • 9. South Gyeongsang Industry Analysis and Outlook 2018 to 2022 and Forecast 2023 to 2033
  • 10. North Jeolla Industry Analysis and Outlook 2018 to 2022 and Forecast 2023 to 2033
  • 11. South Jeolla Industry Analysis and Outlook 2018 to 2022 and Forecast 2023 to 2033
  • 12. Jeju Industry Analysis and Outlook 2018 to 2022 and Forecast 2023 to 2033
  • 13. Rest of Industry Analysis and Outlook 2018 to 2022 and Forecast 2023 to 2033
  • 14. Market Structure Analysis
  • 15. Competition Analysis
    • 15.1. Hankook Tire
    • 15.2. Kumho Tire
    • 15.3. Bridgestone Corporation
    • 15.4. The Goodyear Tire & Rubber Company
    • 15.5. Sumitomo Rubber Industries Ltd.
    • 15.6. Pirelli & C S.p.A
    • 15.7. Apollo Tyres Ltd.
    • 15.8. MICHELIN
    • 15.9. Continental AG
    • 15.10. Trelleborg AB
  • 16. Assumptions & Acronyms Used
  • 17. Research Methodology

List of Tables

Table 1: Korea Industry Analysis and Outlook Value (US$ Million) Forecast by Region, 2018 to 2033

Table 2: Korea Industry Analysis and Outlook Volume (Units) Forecast by Region, 2018 to 2033

Table 3: Korea Industry Analysis and Outlook Value (US$ Million) Forecast by Sales Channel, 2018 to 2033

Table 4: Korea Industry Analysis and Outlook Volume (Units) Forecast by Sales Channel, 2018 to 2033

Table 5: Korea Industry Analysis and Outlook Value (US$ Million) Forecast by Vehicle Type, 2018 to 2033

Table 6: Korea Industry Analysis and Outlook Volume (Units) Forecast by Vehicle Type, 2018 to 2033

Table 7: Korea Industry Analysis and Outlook Value (US$ Million) Forecast by Width Type, 2018 to 2033

Table 8: Korea Industry Analysis and Outlook Volume (Units) Forecast by Width Type, 2018 to 2033

Table 9: South Gyeongsang Industry Analysis and Outlook Value (US$ Million) Forecast by Sales Channel, 2018 to 2033

Table 10: South Gyeongsang Industry Analysis and Outlook Volume (Units) Forecast by Sales Channel, 2018 to 2033

Table 11: South Gyeongsang Industry Analysis and Outlook Value (US$ Million) Forecast by Vehicle Type, 2018 to 2033

Table 12: South Gyeongsang Industry Analysis and Outlook Volume (Units) Forecast by Vehicle Type, 2018 to 2033

Table 13: South Gyeongsang Industry Analysis and Outlook Value (US$ Million) Forecast by Width Type, 2018 to 2033

Table 14: South Gyeongsang Industry Analysis and Outlook Volume (Units) Forecast by Width Type, 2018 to 2033

Table 15: North Jeolla Industry Analysis and Outlook Value (US$ Million) Forecast by Sales Channel, 2018 to 2033

Table 16: North Jeolla Industry Analysis and Outlook Volume (Units) Forecast by Sales Channel, 2018 to 2033

Table 17: North Jeolla Industry Analysis and Outlook Value (US$ Million) Forecast by Vehicle Type, 2018 to 2033

Table 18: North Jeolla Industry Analysis and Outlook Volume (Units) Forecast by Vehicle Type, 2018 to 2033

Table 19: North Jeolla Industry Analysis and Outlook Value (US$ Million) Forecast by Width Type, 2018 to 2033

Table 20: North Jeolla Industry Analysis and Outlook Volume (Units) Forecast by Width Type, 2018 to 2033

Table 21: South Jeolla Industry Analysis and Outlook Value (US$ Million) Forecast by Sales Channel, 2018 to 2033

Table 22: South Jeolla Industry Analysis and Outlook Volume (Units) Forecast by Sales Channel, 2018 to 2033

Table 23: South Jeolla Industry Analysis and Outlook Value (US$ Million) Forecast by Vehicle Type, 2018 to 2033

Table 24: South Jeolla Industry Analysis and Outlook Volume (Units) Forecast by Vehicle Type, 2018 to 2033

Table 25: South Jeolla Industry Analysis and Outlook Value (US$ Million) Forecast by Width Type, 2018 to 2033

Table 26: South Jeolla Industry Analysis and Outlook Volume (Units) Forecast by Width Type, 2018 to 2033

Table 27: Jeju Industry Analysis and Outlook Value (US$ Million) Forecast by Sales Channel, 2018 to 2033

Table 28: Jeju Industry Analysis and Outlook Volume (Units) Forecast by Sales Channel, 2018 to 2033

Table 29: Jeju Industry Analysis and Outlook Value (US$ Million) Forecast by Vehicle Type, 2018 to 2033

Table 30: Jeju Industry Analysis and Outlook Volume (Units) Forecast by Vehicle Type, 2018 to 2033

Table 31: Jeju Industry Analysis and Outlook Value (US$ Million) Forecast by Width Type, 2018 to 2033

Table 32: Jeju Industry Analysis and Outlook Volume (Units) Forecast by Width Type, 2018 to 2033

Table 33: Rest of Korea Industry Analysis and Outlook Value (US$ Million) Forecast by Sales Channel, 2018 to 2033

Table 34: Rest of Korea Industry Analysis and Outlook Volume (Units) Forecast by Sales Channel, 2018 to 2033

Table 35: Rest of Korea Industry Analysis and Outlook Value (US$ Million) Forecast by Vehicle Type, 2018 to 2033

Table 36: Rest of Korea Industry Analysis and Outlook Volume (Units) Forecast by Vehicle Type, 2018 to 2033

Table 37: Rest of Korea Industry Analysis and Outlook Value (US$ Million) Forecast by Width Type, 2018 to 2033

Table 38: Rest of Korea Industry Analysis and Outlook Volume (Units) Forecast by Width Type, 2018 to 2033

List of Figures

Figure 1: Korea Industry Analysis and Outlook Value (US$ Million) by Sales Channel, 2023 to 2033

Figure 2: Korea Industry Analysis and Outlook Value (US$ Million) by Vehicle Type, 2023 to 2033

Figure 3: Korea Industry Analysis and Outlook Value (US$ Million) by Width Type, 2023 to 2033

Figure 4: Korea Industry Analysis and Outlook Value (US$ Million) by Region, 2023 to 2033

Figure 5: Korea Industry Analysis and Outlook Value (US$ Million) Analysis by Region, 2018 to 2033

Figure 6: Korea Industry Analysis and Outlook Volume (Units) Analysis by Region, 2018 to 2033

Figure 7: Korea Industry Analysis and Outlook Value Share (%) and BPS Analysis by Region, 2023 to 2033

Figure 8: Korea Industry Analysis and Outlook Y-o-Y Growth (%) Projections by Region, 2023 to 2033

Figure 9: Korea Industry Analysis and Outlook Value (US$ Million) Analysis by Sales Channel, 2018 to 2033

Figure 10: Korea Industry Analysis and Outlook Volume (Units) Analysis by Sales Channel, 2018 to 2033

Figure 11: Korea Industry Analysis and Outlook Value Share (%) and BPS Analysis by Sales Channel, 2023 to 2033

Figure 12: Korea Industry Analysis and Outlook Y-o-Y Growth (%) Projections by Sales Channel, 2023 to 2033

Figure 13: Korea Industry Analysis and Outlook Value (US$ Million) Analysis by Vehicle Type, 2018 to 2033

Figure 14: Korea Industry Analysis and Outlook Volume (Units) Analysis by Vehicle Type, 2018 to 2033

Figure 15: Korea Industry Analysis and Outlook Value Share (%) and BPS Analysis by Vehicle Type, 2023 to 2033

Figure 16: Korea Industry Analysis and Outlook Y-o-Y Growth (%) Projections by Vehicle Type, 2023 to 2033

Figure 17: Korea Industry Analysis and Outlook Value (US$ Million) Analysis by Width Type, 2018 to 2033

Figure 18: Korea Industry Analysis and Outlook Volume (Units) Analysis by Width Type, 2018 to 2033

Figure 19: Korea Industry Analysis and Outlook Value Share (%) and BPS Analysis by Width Type, 2023 to 2033

Figure 20: Korea Industry Analysis and Outlook Y-o-Y Growth (%) Projections by Width Type, 2023 to 2033

Figure 21: Korea Industry Analysis and Outlook Attractiveness by Sales Channel, 2023 to 2033

Figure 22: Korea Industry Analysis and Outlook Attractiveness by Vehicle Type, 2023 to 2033

Figure 23: Korea Industry Analysis and Outlook Attractiveness by Width Type, 2023 to 2033

Figure 24: Korea Industry Analysis and Outlook Attractiveness by Region, 2023 to 2033

Figure 25: South Gyeongsang Industry Analysis and Outlook Value (US$ Million) by Sales Channel, 2023 to 2033

Figure 26: South Gyeongsang Industry Analysis and Outlook Value (US$ Million) by Vehicle Type, 2023 to 2033

Figure 27: South Gyeongsang Industry Analysis and Outlook Value (US$ Million) by Width Type, 2023 to 2033

Figure 28: South Gyeongsang Industry Analysis and Outlook Value (US$ Million) Analysis by Sales Channel, 2018 to 2033

Figure 29: South Gyeongsang Industry Analysis and Outlook Volume (Units) Analysis by Sales Channel, 2018 to 2033

Figure 30: South Gyeongsang Industry Analysis and Outlook Value Share (%) and BPS Analysis by Sales Channel, 2023 to 2033

Figure 31: South Gyeongsang Industry Analysis and Outlook Y-o-Y Growth (%) Projections by Sales Channel, 2023 to 2033

Figure 32: South Gyeongsang Industry Analysis and Outlook Value (US$ Million) Analysis by Vehicle Type, 2018 to 2033

Figure 33: South Gyeongsang Industry Analysis and Outlook Volume (Units) Analysis by Vehicle Type, 2018 to 2033

Figure 34: South Gyeongsang Industry Analysis and Outlook Value Share (%) and BPS Analysis by Vehicle Type, 2023 to 2033

Figure 35: South Gyeongsang Industry Analysis and Outlook Y-o-Y Growth (%) Projections by Vehicle Type, 2023 to 2033

Figure 36: South Gyeongsang Industry Analysis and Outlook Value (US$ Million) Analysis by Width Type, 2018 to 2033

Figure 37: South Gyeongsang Industry Analysis and Outlook Volume (Units) Analysis by Width Type, 2018 to 2033

Figure 38: South Gyeongsang Industry Analysis and Outlook Value Share (%) and BPS Analysis by Width Type, 2023 to 2033

Figure 39: South Gyeongsang Industry Analysis and Outlook Y-o-Y Growth (%) Projections by Width Type, 2023 to 2033

Figure 40: South Gyeongsang Industry Analysis and Outlook Attractiveness by Sales Channel, 2023 to 2033

Figure 41: South Gyeongsang Industry Analysis and Outlook Attractiveness by Vehicle Type, 2023 to 2033

Figure 42: South Gyeongsang Industry Analysis and Outlook Attractiveness by Width Type, 2023 to 2033

Figure 43: North Jeolla Industry Analysis and Outlook Value (US$ Million) by Sales Channel, 2023 to 2033

Figure 44: North Jeolla Industry Analysis and Outlook Value (US$ Million) by Vehicle Type, 2023 to 2033

Figure 45: North Jeolla Industry Analysis and Outlook Value (US$ Million) by Width Type, 2023 to 2033

Figure 46: North Jeolla Industry Analysis and Outlook Value (US$ Million) Analysis by Sales Channel, 2018 to 2033

Figure 47: North Jeolla Industry Analysis and Outlook Volume (Units) Analysis by Sales Channel, 2018 to 2033

Figure 48: North Jeolla Industry Analysis and Outlook Value Share (%) and BPS Analysis by Sales Channel, 2023 to 2033

Figure 49: North Jeolla Industry Analysis and Outlook Y-o-Y Growth (%) Projections by Sales Channel, 2023 to 2033

Figure 50: North Jeolla Industry Analysis and Outlook Value (US$ Million) Analysis by Vehicle Type, 2018 to 2033

Figure 51: North Jeolla Industry Analysis and Outlook Volume (Units) Analysis by Vehicle Type, 2018 to 2033

Figure 52: North Jeolla Industry Analysis and Outlook Value Share (%) and BPS Analysis by Vehicle Type, 2023 to 2033

Figure 53: North Jeolla Industry Analysis and Outlook Y-o-Y Growth (%) Projections by Vehicle Type, 2023 to 2033

Figure 54: North Jeolla Industry Analysis and Outlook Value (US$ Million) Analysis by Width Type, 2018 to 2033

Figure 55: North Jeolla Industry Analysis and Outlook Volume (Units) Analysis by Width Type, 2018 to 2033

Figure 56: North Jeolla Industry Analysis and Outlook Value Share (%) and BPS Analysis by Width Type, 2023 to 2033

Figure 57: North Jeolla Industry Analysis and Outlook Y-o-Y Growth (%) Projections by Width Type, 2023 to 2033

Figure 58: North Jeolla Industry Analysis and Outlook Attractiveness by Sales Channel, 2023 to 2033

Figure 59: North Jeolla Industry Analysis and Outlook Attractiveness by Vehicle Type, 2023 to 2033

Figure 60: North Jeolla Industry Analysis and Outlook Attractiveness by Width Type, 2023 to 2033

Figure 61: South Jeolla Industry Analysis and Outlook Value (US$ Million) by Sales Channel, 2023 to 2033

Figure 62: South Jeolla Industry Analysis and Outlook Value (US$ Million) by Vehicle Type, 2023 to 2033

Figure 63: South Jeolla Industry Analysis and Outlook Value (US$ Million) by Width Type, 2023 to 2033

Figure 64: South Jeolla Industry Analysis and Outlook Value (US$ Million) Analysis by Sales Channel, 2018 to 2033

Figure 65: South Jeolla Industry Analysis and Outlook Volume (Units) Analysis by Sales Channel, 2018 to 2033

Figure 66: South Jeolla Industry Analysis and Outlook Value Share (%) and BPS Analysis by Sales Channel, 2023 to 2033

Figure 67: South Jeolla Industry Analysis and Outlook Y-o-Y Growth (%) Projections by Sales Channel, 2023 to 2033

Figure 68: South Jeolla Industry Analysis and Outlook Value (US$ Million) Analysis by Vehicle Type, 2018 to 2033

Figure 69: South Jeolla Industry Analysis and Outlook Volume (Units) Analysis by Vehicle Type, 2018 to 2033

Figure 70: South Jeolla Industry Analysis and Outlook Value Share (%) and BPS Analysis by Vehicle Type, 2023 to 2033

Figure 71: South Jeolla Industry Analysis and Outlook Y-o-Y Growth (%) Projections by Vehicle Type, 2023 to 2033

Figure 72: South Jeolla Industry Analysis and Outlook Value (US$ Million) Analysis by Width Type, 2018 to 2033

Figure 73: South Jeolla Industry Analysis and Outlook Volume (Units) Analysis by Width Type, 2018 to 2033

Figure 74: South Jeolla Industry Analysis and Outlook Value Share (%) and BPS Analysis by Width Type, 2023 to 2033

Figure 75: South Jeolla Industry Analysis and Outlook Y-o-Y Growth (%) Projections by Width Type, 2023 to 2033

Figure 76: South Jeolla Industry Analysis and Outlook Attractiveness by Sales Channel, 2023 to 2033

Figure 77: South Jeolla Industry Analysis and Outlook Attractiveness by Vehicle Type, 2023 to 2033

Figure 78: South Jeolla Industry Analysis and Outlook Attractiveness by Width Type, 2023 to 2033

Figure 79: Jeju Industry Analysis and Outlook Value (US$ Million) by Sales Channel, 2023 to 2033

Figure 80: Jeju Industry Analysis and Outlook Value (US$ Million) by Vehicle Type, 2023 to 2033

Figure 81: Jeju Industry Analysis and Outlook Value (US$ Million) by Width Type, 2023 to 2033

Figure 82: Jeju Industry Analysis and Outlook Value (US$ Million) Analysis by Sales Channel, 2018 to 2033

Figure 83: Jeju Industry Analysis and Outlook Volume (Units) Analysis by Sales Channel, 2018 to 2033

Figure 84: Jeju Industry Analysis and Outlook Value Share (%) and BPS Analysis by Sales Channel, 2023 to 2033

Figure 85: Jeju Industry Analysis and Outlook Y-o-Y Growth (%) Projections by Sales Channel, 2023 to 2033

Figure 86: Jeju Industry Analysis and Outlook Value (US$ Million) Analysis by Vehicle Type, 2018 to 2033

Figure 87: Jeju Industry Analysis and Outlook Volume (Units) Analysis by Vehicle Type, 2018 to 2033

Figure 88: Jeju Industry Analysis and Outlook Value Share (%) and BPS Analysis by Vehicle Type, 2023 to 2033

Figure 89: Jeju Industry Analysis and Outlook Y-o-Y Growth (%) Projections by Vehicle Type, 2023 to 2033

Figure 90: Jeju Industry Analysis and Outlook Value (US$ Million) Analysis by Width Type, 2018 to 2033

Figure 91: Jeju Industry Analysis and Outlook Volume (Units) Analysis by Width Type, 2018 to 2033

Figure 92: Jeju Industry Analysis and Outlook Value Share (%) and BPS Analysis by Width Type, 2023 to 2033

Figure 93: Jeju Industry Analysis and Outlook Y-o-Y Growth (%) Projections by Width Type, 2023 to 2033

Figure 94: Jeju Industry Analysis and Outlook Attractiveness by Sales Channel, 2023 to 2033

Figure 95: Jeju Industry Analysis and Outlook Attractiveness by Vehicle Type, 2023 to 2033

Figure 96: Jeju Industry Analysis and Outlook Attractiveness by Width Type, 2023 to 2033

Figure 97: Rest of Korea Industry Analysis and Outlook Value (US$ Million) by Sales Channel, 2023 to 2033

Figure 98: Rest of Korea Industry Analysis and Outlook Value (US$ Million) by Vehicle Type, 2023 to 2033

Figure 99: Rest of Korea Industry Analysis and Outlook Value (US$ Million) by Width Type, 2023 to 2033

Figure 100: Rest of Korea Industry Analysis and Outlook Value (US$ Million) Analysis by Sales Channel, 2018 to 2033

Figure 101: Rest of Korea Industry Analysis and Outlook Volume (Units) Analysis by Sales Channel, 2018 to 2033

Figure 102: Rest of Korea Industry Analysis and Outlook Value Share (%) and BPS Analysis by Sales Channel, 2023 to 2033

Figure 103: Rest of Korea Industry Analysis and Outlook Y-o-Y Growth (%) Projections by Sales Channel, 2023 to 2033

Figure 104: Rest of Korea Industry Analysis and Outlook Value (US$ Million) Analysis by Vehicle Type, 2018 to 2033

Figure 105: Rest of Korea Industry Analysis and Outlook Volume (Units) Analysis by Vehicle Type, 2018 to 2033

Figure 106: Rest of Korea Industry Analysis and Outlook Value Share (%) and BPS Analysis by Vehicle Type, 2023 to 2033

Figure 107: Rest of Korea Industry Analysis and Outlook Y-o-Y Growth (%) Projections by Vehicle Type, 2023 to 2033

Figure 108: Rest of Korea Industry Analysis and Outlook Value (US$ Million) Analysis by Width Type, 2018 to 2033

Figure 109: Rest of Korea Industry Analysis and Outlook Volume (Units) Analysis by Width Type, 2018 to 2033

Figure 110: Rest of Korea Industry Analysis and Outlook Value Share (%) and BPS Analysis by Width Type, 2023 to 2033

Figure 111: Rest of Korea Industry Analysis and Outlook Y-o-Y Growth (%) Projections by Width Type, 2023 to 2033

Figure 112: Rest of Korea Industry Analysis and Outlook Attractiveness by Sales Channel, 2023 to 2033

Figure 113: Rest of Korea Industry Analysis and Outlook Attractiveness by Vehicle Type, 2023 to 2033

Figure 114: Rest of Korea Industry Analysis and Outlook Attractiveness by Width Type, 2023 to 2033

Frequently Asked Questions

What is the Industry Size of Low Rolling Resistance Tire in Korea?

The industry size of low rolling resistance tire in Korea is USD 1,540.40 million in Korea as of 2023.

What is the Projected Growth Rate for the Korea Low Rolling Resistance Tire Industry?

Low rolling resistance tire is forecasted to develop at a rate of 8.70% in Korea through 2033.

What Will be the Industry Size of Low Rolling Resistance Tire in Korea by 2033?

The industry size for low rolling resistance tire is forecasted to reach USD 3,547.55 million in Korea by 2033.

What is the Preferred Width of Low Rolling Resistance Tire in Korea?

Dual width low rolling resistance tire is highly preferred in Korea.

What Vehicles Most Frequently Use Low Rolling Resistance Tire in Korea?

HCVs are the primary users of low rolling resistance tires in Korea.

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