12 world tyre

Study forecasts a world tire market worth almost $250 billion in 2019


The authors of the Global Automotive Tire Industry 2014-2019, note that growth in demand for tires will be most pronounced in emerging East Asian markets, like China, India, Thailand and Vietnam.

Major drivers across world markets are the wider use of commercial and passenger vehicles, increasing tire radialization and interest in green tires. This latter point will push a greater use of bio-based materials across the industry the report concludes.


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