Latest industry research report on World Automotive Tire Market. The vehicle manufactures focus more on providing quality automotive tire owing to an increase in the number of possessors worldwide. Furthermore, manufacturers are adopting technological advancements in the capability as well as the quality of the tires. Thus, automotive tire manufacturers are expected to continuously refine their existing concepts to stay competitive.
The factors that are driving the automotive tire industry are the rising demand for automobiles. Besides this, changing customer preferences for better mileage and better quality products have also kept the future of the market robust.
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Additionally, demand for eco friendly tires is expected to create greater opportunities for the market worldwide. Regions such as North America and Asia Pacific regions would witness major developments.
The world automotive tire market is segmented based on aspect ratio, section width, aftermarket and geography.
Automotive Tire Market by Type By Aspect Ratio
- Less than 60
- 60 to 70
- Greater than 70
Automotive Tire Market by Type By Section Width
- Less than 200 mm
- 200 to 230 mm
- Greater than 230 mm
Automotive Tire Market by Type By Aftermarket
- Bias/Cross ply
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Automotive Tire Market by Type By Geography
- North America
- Asia Pacific
- Pirelli & C. S.p.A,
- Bridgestone Group
- Michelin Group
- Continental Group
- Goodyear Tire & Rubber Company.
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