The global tire market is poised for substantial growth over the coming years, with a projected compound annual growth rate (CAGR) of 7.42% by value during the forecast period from 2018 to 2028. According to TechSci Research, the market is expected to reach USD 374.51 billion by 2028. This report provides a comprehensive analysis of the factors driving… Read More »
Increasing automobile sales and production and rising aftermarket demand for tires coupled with advancements in tire technology will lead to the growth of the Global Tire Market in the forecast period. According to TechSci Research report, “Tire Market –Global Industry Size, Share, Trends, Competition, Opportunity, and Forecast, 2017-2027”, the Global Tire Market is anticipated to grow at… Read More »
Expanding automobile fleet size and rising vehicle sales are some key factors expected to drive the growth of Turkey tire market in coming years. According to TechSci Research report, “Turkey Tire Market By Vehicle Type (Passenger Car, LCV, M&HCV, OTR, Two-Wheeler and Three -Wheeler), By Demand Category (OEM Vs. Replacement), By Radial Vs Bias, By Region,… Read More »
Abundant availability of raw materials and growing domestic automobile industry are some major factors expected to drive Indonesia tire market growth in next five years. According to TechSci Research report, “Indonesia Tire Market By Vehicle Type (Passenger Car, Two-Wheeler, Buses & Trucks and Off-The-Road-Mining Vehicles), By Demand Category (OEM Vs. Replacement), By Radial Vs Bias, By Rim Size,… Read More »
Expanding vehicle fleet and increasing production & sale of passenger cars are some key factors anticipated to propel the growth of United States tire market in next five years. According to TechSci Research report, “United States Tire Market By Vehicle Type (Passenger Car, LCV, M&HCV, OTR, Two-Wheeler and Three -Wheeler), By Demand Category (OEM Vs.… Read More »
Demand for tires across the globe to increase at a moderate pace in the coming years, owing to rising automobile sales, technological advancements, imposed safety standards in various countries by governments and growing purchasing power of the consumers According to TechSci Research report, “Global Tire Market By Vehicle Type, By Demand Category, By Radial Vs… Read More »