Automotive Tire Market Set for Continued Growth, Driven by...

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2025-01-27 12:21:05 - Übersetzen -

Automotive Tire Market Set for Continued Growth, Driven by Advancements in Technology and Rising Demand for Electric Vehicles

Global sales of automotive tire stood at USD 240.9 billion in 2024. The industry is further projected to exhibit a y-o-y growth of 5.9% in 2025 and reach USD 256.1 billion in the same year and surging at a CAGR of 6.3% between 2025 and 2035, demand for the automotive tire is estimated to reach USD 471.7 billion by 2035. The global automotive tire market is experiencing a significant surge,...

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