Automotive Tire Market Revenue Drivers, Growth Opportunities, Value Chain Analysis and Forecast Research Report Till 2024
“Global Automotive Tire Market is anticipated to reach USD 374.22 billion by 2024 at a significant CAGR in the upcoming period as the scope, product types, and its applications are increasing across the globe.”
The global Automotive Tire Market research report provides complete insights on industry scope, trends, regional estimates, key application, competitive landscape and financial performance of prominent players. It also offers ready data-driven answers to several industry-level questions. This study enables numerous opportunities for the market players to invest in research and development. Market Overview: Global Automotive Tire Market is anticipated to reach USD 374.22 billion by 2024. Automotive tire is a rubber ring placed on rim of the wheel. Automotive tire mainly offers grip to vehicles on the road, and decreases road shocks. The factors that propel the growth of the Automotive Tire Market include growing demand for low rolling resistance tires, demand for high performance and low -profile tires, better fuel economy, technical developments such as eco-friendly tires, smart tires, and others. Key Players:
Continental Group Cooper Tire & Rubber Company Goodyear Tire and Rubber Company Hankook Tire Co. Ltd. Michelin Group Pirelli & C. S.P.A. Sumitomo Rubber Industries, Ltd. The Bridgestone Group Toyo Tire & Rubber Co. Ltd. Yokohama Rubber Co., Ltd.