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Automotive Tire Market

The global automotive tire market size is expected to reach USD 24.06 billion by 2032, according to a new study by Polaris Market Research

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Automotive Tire Market

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  1. Automotive Tire Market Expected to reach USD 24.06 Billion By 2032 | CAGR: 2.7% Automotive Tire Market Share, Size, Trends, Industry Analysis Report, By Rim Size (13-15”, 16-18”, 19-21” and >21”); By Aspect Ratio; By Vehicle Type; By Tire Type; By Season Type; By Section Width; By Region; Segment Forecast, 2024 - 2032

  2. Automotive Tire Market Estimate & Forecast • Global Automotive Tire Market size and share is currently valued at USD 19.44 billion in 2024 and is anticipated to generate an estimated revenue of USD 24.06 billion by 2032, according to the latest study by Polaris Market Research. Besides, the report notes that the market exhibits a robust 2.7% Compound Annual Growth Rate (CAGR) over the forecasted timeframe, 2024 - 2032 • The surge in demand for delivery and transportation solutions in emerging nations, propelled by the growth of e-commerce, the food industry, and other sectors, has led to a notable increase in the production of commercial vehicles such as trucks, tractors, and trailers. Consequently, there has been a significant rise in the demand for automotive tires, as these vehicles require tires for their operation.

  3. Automotive Tire Market

  4. Automotive Tire MarketCompetitive Landscape • The study then includes the competitive insights of market across various regions wherein our research analysts explores in-depth profiles of main players along with new product launches, recent technologies influencing the target market. The competitive study section also contains production, major development strategies, revenue, and growth rate for the leading players. This assessment will aid market players to stay ahead of competitive landscape and boost productivity. Major players operating in the market are: • Bridgestone Corporation • CEAT Ltd. • Continental AG • Goodyear Tire and Rubber Company • JK Tyre & Industries Ltd. • Michelin Group • MRF Tyres • Pirelli & C. S.P.A. • Sumitomo Rubber Industries Ltd. • Toyo Tire & Rubber Co. Ltd. • Browse Complete Report

  5. About Us Polaris Market Research is a global market research and consulting company. The company specializes in providing exceptional market intelligence and in-depth business research services for a clientele spread across different enterprises. We at Polaris are obliged to serve our diverse customer base present across the industries of healthcare, technology, semi-conductors, and chemicals among various other industries present around the world. We strive to provide our customers with updated information on innovative technologies, high growth markets, emerging business environments, and the latest business-centric applications, thereby helping them always to make informed decisions and leverage new opportunities. Adept with a highly competent, experienced, and highly qualified team of experts comprising SMEs, analysts, and consultants, we at Polaris endeavor to deliver value-added business solutions to our customers. Web:www.polarismarketresearch.com Official Blog: http://polarismarketresearch.blogspot.com

  6. Thank You! Thank You! • Polaris Market Research30 Wall Street8th Floor, New York City, NY 10005,United States sales@polarismarketresearch.com +1-929 297-9727

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