The automotive tires market was valued at USD 102 billion in 2020 and is anticipated to reach USD 122 billion by 2027, at a CAGR of more than 3% during the forecast period.
Car tires are round car parts made of rubber that are used to cover the rim of a wheel outside. The tire’s primary function is to protect the wheel rim and provide traction between the road surface and the vehicle. Made of rubber, it provides a flexible cushion to reduce the impact of vibration and absorb the shock of the vehicle.
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By Season Tire Type
- Summer
- Winter
- All Season
By Vehicle Type
- Passenger Car
- Commercial Vehicle
- Light commercial
- Heavy commercial
- Electric Vehicle
Keys Market
Key participants include Continental Group, Cooper & Rubber Company, Hankook Co. Ltd., Goodyear & Rubber Company, Michelin Group, Pirelli, Sumitomo Rubber Industries, Ltd., The Bridgestone Group, Toyo & Rubber Co. Ltd. and Yokohama Rubber Co. Ltd.
Scope of the Report
The research study analyzes the global Automotive Tire industry from 360-degree analysis of the market thoroughly delivering insights into the market for better business decisions, considering multiple aspects some of which are listed below as:
Recent Developments
o Market Overview and growth analysis
o Import and Export Overview
o Volume Analysis
o Current Market Trends and Future Outlook
o Market Opportunistic and Attractive Investment Segment
A full report is available at: https://www.orionmarketreports.com/global-automotive-tire-market/51835/
Geographic Coverage
o North America Market Size and/or Volume
o Latin America Market Size and/or Volume
o Europe Market Size and/or Volume
o Asia-Pacific Market Size and/or Volume
o Rest of the world Market Size and/or Volume
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