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Global automotive tire oem market size is expected to reach $31.93 Bn by 2028 at a rate of 8.1%, segmented as by type, tube tire, tubeless tire<br>
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Automotive Tire OEM Market Report 2024 Market Size, Trends and Global Forecast 2024-2033
Automotive Tire OEM Market Segments The Business Research Company segments it’s Automotive Tire OEM Market report as: Tube Tire, Tubeless Tire By Type Radial Tire, Bias Tire By Component By Application Passenger Car, Light Commercial Vehicle, Heavy Commercial Vehicle
Automotive Tire OEM Market Statistics It will grow from $21.56 billion in 2023 to $23.36 billion in 2024 at a compound annual growth rate (CAGR) of 8.3%. It will grow to $31.93 billion in 2028 at a compound annual growth rate (CAGR) of 8.1% Click Here To Get A Sample Report
Key Market Drivers And Trends • Drivers The growth in automotive industry is expected to propel the growth of the automotive tire OEM market going forward. Trends Technological innovation is a key trend gaining popularity in the automotive tire OEM market. • Region Asia-Pacific was the largest region in the automotive tire OEM market in 2023. The regions covered in the automotive tire OEM market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Key Market Players • Major players in the Automotive Tire OEM Market are: • Bridgestone Corporation • Sumitomo Rubber Industries Ltd • Pirelli & C. SpA • Hankook Tire & Technology Co. Ltd • The Yokohama Rubber Co. Ltd • And more. Get More Information On The Automotive Tire OEM Market Report
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