As of 2022, the global automotive tire market enjoys a valuation of US$ 381.5 billion and is projected to reach US$ 593.5 billion by the end of 2032. Sales of automotive tires are anticipated to increase at a CAGR of 4.5% over the next ten years.
The automotive tire market is a dynamic sector within the broader automotive industry, serving as a critical component that directly impacts vehicle...
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