Advanced Tires Market Size, Share & Trends [2030]
The advanced tires market size is estimated to grow from USD 1.3 billion in 2023 to reach USD 3.2 billion by 2030 at a CAGR of 14.4% over the forecast period.
The growth of the advanced tires market is influenced by factors such as increasing government regulations related to tire emissions and brakes, growing consumer preference for advanced safety and convenience features, rising sales of electric...
What Are the Key Trends Shaping the Future of OTR Tires?
The global OTR tires industry is projected to grow from USD 4.8 billion in 2024 to USD 7.0 billion by 2030, at a CAGR of 6.5% during the forecast period. Growing infrastructure development activities, increased mining activities, & farm mechanization, and growing investments in new ports and extension of existing ports will drive the demand for off-highway equipment. This is projected to drive...